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Avarga riding on timber uptrend, potential listing
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pkli899
Supreme |
14-Aug-2021 23:10
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Btw, current lumber price still at least 20% above the norm. Was between 300 to 400 before the spike. |
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pkli899
Supreme |
14-Aug-2021 23:07
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Haha...indeed. Keep low profile.
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shk363
Elite |
14-Aug-2021 22:27
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lucky no one talk if not wont be able to get at 30 ct | ||||
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alfredx
Senior |
14-Aug-2021 20:17
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Ok understand.. just find it funny why such a earning company no 1 share it out.. shhh..
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JerryMaple
Veteran |
14-Aug-2021 18:21
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Bro haha... Don't promote this counter already.. Me and Pki previously shout till bo gas liao.. Just stay low ba.. BB don't like noise.. Cheers..
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alfredx
Senior |
14-Aug-2021 14:31
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I do believe current price down almost 60 to 70% will affect 3rd and 4th Qtrs of the year.. but going forward current lumber price still consider good and above average past year price.. vested and wait for management to bring us to another good year..
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superstartup
Supreme |
14-Aug-2021 14:17
Yells: "Enjoy doing Fundamental Research" |
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Good 1st half. But going forward? Not sure what is the nett effect on Avarga share price. Taiga (TBL) announces record breaking first half performance but warns of current headwindsSat, 14 August 2021, 5:00 am
...... Third Quarter Outlook As pandemic-related restrictions eased across North America in recent months, consumers diverted money away from home renovations and increased spending on travel and leisure activities. The resulting reduction in demand for renovation products led to a sharp decline in lumber and panel prices, beginning in mid-July. Taiga' s third quarter earnings are expected to be negatively impacted by this recent development. https://sg.finance.yahoo.com/news/taiga-tbl-announces-record-breaking-210000513.html |
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alfredx
Senior |
14-Aug-2021 14:04
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Why this forum nobody talk about this company since the first half yr earning so good.. why nobody look at this gem?? No people holding this? | ||||
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alfredx
Senior |
14-Aug-2021 11:57
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Wonder why u keep saying this and that company got problem.. saw your post from golden energy to here..
AVARGA reported up 381% yet u said company got problem?!? Yes lumber price did dropped more than 60% from the peak, 3Q and 4Q back to normal earning still profitable company .. wonder what is your problem..
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spursfan
Supreme |
14-Aug-2021 10:53
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Condensed Interim financial statements For the six months ended 30 June 2021 Net profit 97.98mil up 381% dividend 0.42cts https://links.sgx.com/1.0.0/corporate-announcements/GR11EMOHLI40JLFY/679035_Half_Yearly_Result_1HFY2021.pdf |
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yamseng
Supreme |
13-Aug-2021 14:52
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the company got a problem reporting the Mynamar power plant and Malaysia paper biz... Timber dropped more than 60 % from the peak ..... prepare and watch ... |
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pkli899
Supreme |
13-Aug-2021 14:50
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Avarga is another one.....delayed reporting. Last year 8.8.20 results out already. Why har? Timber took a tumble.....Avarga affected? |
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pkli899
Supreme |
12-Aug-2021 14:10
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Not sure whether they produce brown paper for food packaging. Cardboard production yes. In high demand as more on line shopping = more delivery = more cardboard needed.
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Octavia
Supreme |
12-Aug-2021 13:32
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Brown paper in higher demand during lockdown as ppl have to tapao food | ||||
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MarcLim
Veteran |
12-Aug-2021 12:42
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Good result: around $50+ profits first half. 2nd half if also $50. $100m profits at 30c stock. Just collect dividend hopefully got increase lor. No worry sell on news. Price no up nvm. But don' t down haha
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PQTPQK
Supreme |
12-Aug-2021 11:47
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seem strong today.... | ||||
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nott1965
Veteran |
09-Aug-2021 09:17
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Saw an article in ST saying timber is replacing concretes for environmental sustainability. This gem should hit $0.4 soon | ||||
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tcctcc
Senior |
08-Aug-2021 18:37
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Avarga subsidiary Taiga Building rose to 2.5900 +0.2300 (+9.75%) on Friday.Not sure whether is it becasue of this report by simply wall st. or the upcoming 2nd quarter result to be announced in the coming daysTaiga Building Products Ltd.' s (TSE:TBL) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?Hope Avarga can continue to reward her loyal supporter with a nice quarterly dividend. |
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alfredx
Senior |
08-Aug-2021 10:07
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Wow.. this really very good deal they brought .. just read and checked they brought the share at 0.175RM , current price is at 0.21RM .. i believe Ian tong really have insight to bring avarga to another new height..
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JerryMaple
Veteran |
08-Aug-2021 09:49
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https://www.avarga.com.sg/acquisition-of-shares-in-straits-inter-logistics-berhad-a-company-listed-on-bursa-malaysia/ for you only..
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