Avarga (formerly: UPP Holdings)

[fallscushion]

a short writeup on Taiga:
https://fallscushion.wordpress.com/2020/...ved-taiga/

In addition to that, I'd try to guesstimate the full year dividend of Avarga.
Based on Avarga min 40% dividend payout target.
Dividend: 40%* (71%*55M) + 7M = 18.4M
Div/share=S$0.019
Expected dividend in 2020Q4:S$0.012
At current price of S$0.25, dividend yield is over 7.5%

[fallscushion]

a short writeup on Taiga:
https://fallscushion.wordpress.com/2020/...ved-taiga/

In addition to that, I'd try to guesstimate the full year dividend of Avarga.
Based on Avarga min 40% dividend payout target.
Dividend: 40%* (71%*55M) + 7M = 18.4M
Div/share=S$0.019
Expected dividend in 2020Q4:S$0.012
At current price of S$0.25, dividend yield is over 7.5%

[ksir]

Avarga has been buying back shares substantially in recent days:

Interestingly it has bought back a record amount of shares today and more than doubled its treasury shares.

Average price paid today is also substantially higher than usual at S$0.296.
12-Jan-2021, shares bought 10,000,000.
Cost S$2.96M.

More dividend coming? or something is brewing (as usual haha)?
<remain vested and core>

[ksir]

Avarga has been buying back shares substantially in recent days:

Interestingly it has bought back a record amount of shares today and more than doubled its treasury shares.

Average price paid today is also substantially higher than usual at S$0.296.
12-Jan-2021, shares bought 10,000,000.
Cost S$2.96M.

More dividend coming? or something is brewing (as usual haha)?
<remain vested and core>