Tong's Portfolio

Stock valuation is also determined by its trading liquidity

Much has been written on how the current stock market rally is one that is driven by retail investors against a backdrop of massive liquidity, the trillions of fiat money injected into economies fr

Corporate moves

Avarga enjoys lift from surge in lumber prices; exploring options for paper and power units

Shares of Avarga, typically thinly-traded, roared into life on Monday, Aug 24, surging as much as 46.1% on heavy volume, drawing the market’s attention to what might have caused the sudden flurry a

Broker's Calls

Avarga's Taiga unit to post 3Q earnings of 78% q-o-q on higher lumber prices and strong demand: KGI Securities

The Singapore research team at KGI Securities has given Avarga Limited a fair value of 43 cents in an unrated report dated August 26.

Company in the news

Avarga mulling sale and spinoff of paper and power units

Mainboard-listed Avarga, in a response to a query by Singapore Exchange Regulation (SGX RegCo), is unaware of what might have caused the unusual spike in its share price earlier today.

Tong's Portfolio

What's the right and fair pay for CEOs?

(June 10): The subject of remuneration has always been one of fascination. We are naturally curious about how much our friends, colleagues, boss and competitors are being paid.

In print this week

How IoT in agriculture could present new opportunities for investors

SINGAPORE (Nov 16): Earlier this year, Avarga, formerly known as UPP Holdings, said it was acquiring a 23.08% stake in local start-up Archisen for up to $1.5 million in three separate tranches.


Avarga subsidiary acquires US wood treatment company for $57.4 mil

SINGAPORE (July 3): Avarga, the investment holding company formerly known as UPP Holdings, says subsidiary Taiga Building Products is expanding its wood treatment business.


Avarga to acquire 23.08% stake in urban farming startup Archisen for up to $1.5 mil

SINGAPORE (June 29): Avarga, formerly known as UPP Holdings, is acquiring a 23.08% stake in Archisen for a cash consideration of up to $1.5 million in three separate traches.

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