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Avarga - Earnings may explode up like medtecs
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Wind22i
Supreme |
27-Aug-2020 09:58
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Avarga is uniquely position to capture the upswing in lumber prices in US and canada , as its subsidiary Taiga is one of the largest lumber and building material distributor in canada..
So huat ! |
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Wind22i
Supreme |
27-Aug-2020 09:42
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Now they collecting , and some small flush.. after that it will scale new heights..
Fundamental and outlook is good with 4 catalyst !
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Justice888
Supreme |
27-Aug-2020 09:39
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Why casino ? Casino means no substance to backup. Can elaborate more ?
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Wind22i
Supreme |
27-Aug-2020 09:37
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After more collection it shld go up further
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halleluyah
Supreme |
27-Aug-2020 08:54
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tis is a casino chips....trade wth care.... | ||||
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ffyyss
Member |
27-Aug-2020 08:49
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expect lumber prices to go even higher for rest of the year as Hurricanes one of the worst in history move onto texas-louisiana coasts w millions evacuated and hundreds of thousands of houses expected to be damaged.
Disasters , shortage of dd and supply and covid restrictions will have severe impact and thus steep rise in prices . It may move to the likes of Vicplas px but lets hope it don move up too fast or the pullback can be fast as well although longer term , it seems to be still undervalued at current prices considering its assets and inventories.. Its inventories are likely at book prices so a doubling or tripling can add substantially to its NAV , not to memtioned potential IPO on its power assets.. Fair value by analyst seems to be 43-50 cts . Lets c what Mr mkt gives in the next 2-3 wks.. Can only say intrinsic value is unlikely to be less than 40 cts based on analysis.
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Wind22i
Supreme |
27-Aug-2020 08:48
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Back then ppl have no idea the earnings going to go up so much !
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kimleng
Senior |
27-Aug-2020 08:47
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$1 no problem
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Wind22i
Supreme |
27-Aug-2020 08:47
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Avarga share price reminds me of medtec..
From 10c to 20c ... and then all the way |
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Superfast
Supreme |
27-Aug-2020 08:37
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Why worry, if u go look into the company fundamental? Of cos , if u look seriously at the 3 investment s.... This avarga, at least worth $1 | ||||
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wiltay
Master |
27-Aug-2020 08:34
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Then what I do if everyone is selling?
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98mich98
Master |
27-Aug-2020 08:22
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Haha u again. U shb go be an analysis.
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Wind22i
Supreme |
27-Aug-2020 08:22
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The 43c tp by broker for avaga is only base on taiga business ..forward PE ratio 10x..
company also pays good dividend.. https://www.avarga.com.sg/investor-relations/dividend-information/ |
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Superfast
Supreme |
27-Aug-2020 08:09
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Long term... Should be a gd investment...
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Wind22i
Supreme |
27-Aug-2020 07:59
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"What is happening in the lumber market in Canada now is similar to the meltblown fabric (main materials used in mask production) market in February and March in China when demand for masks surged and supplies failed to catch up,noted the team."
The increase in lumber price gives Taiga the ability to charge a higher mark-up on products, as well as earn extra gross profits from earlier inventory that was stocked at lower prices,? says the team, who believe the company?s earnings for the FY will be largely driven by Taiga?s 2H20 performance. |
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Checkerman
Master |
27-Aug-2020 07:58
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15ct to 30ct within 2 days | ||||
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Checkerman
Master |
27-Aug-2020 07:57
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Careful when everyone is buying
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wolverine23
Supreme |
27-Aug-2020 07:55
Yells: "Medical Bull 2020 !!!!!!!! = Internet Bull 2000 !!!!!!!!" |
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Wah. Suddenly all surging stocks got reference to Medtecs! | ||||
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Wind22i
Supreme |
27-Aug-2020 07:49
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Broker say earnings expected to explode upwards... so share price may also explode up..
Like medtec from 5c to 1.90.. due to mask play.. This is like an opportunity to catch this lumber play early..! Huat ah! |
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Superfast
Supreme |
27-Aug-2020 07:46
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Okay huat....
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