ShareJunction - Member Posts

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Based on your calculation, of course not yet to max capacity.
End of the day, it depends on demand and many other factors like competitition etc.
But as mention below on the thread, the world view on healthcare as change drastically due to covid19,(game changer) glove demand are rampant and aggresive.
The new norm is going to be norm going forward.

Foresight of the board members to expansion is for the bigger good.
Company, shareholder and market share (In my opinion)

Do your own analysis thinking and see if we derive on the same page! Cheers buddy!

alanllt ( Date: 02-Jun-2020 15:57) Posted:

6.3B x 4Q = 25.2B. It has not reached max capacity right ?

Fluffyclouds ( Date: 02-Jun-2020 15:30) Posted:

6.3 Billion pcs sold in first quarter 2020.
--------------------------------------------------------
Breakdown of Sales Volume :-
Europe : 19%
North America 15%
South America 13%
China 12%
Thailand 12%
India 5%
Balance of Asia : 16%
Middle East : 4%
Africa : 4%
Oceania : 1%
Exporting to 140 Countries out of 195 countries
----------------------------------------------------------------------------------
IPO Expected to be completed by 3rd Quarter 2020.
IPO uses for :
1) Business Expansion and/or
2) Business repayment of loans and/or
3) Working capital for business

How it affect shareholders? (Indirectly)
1) Reflecting share value with added value from manufacturing and distribution for medical and industrial purposes.

------------------------------------------------------------------------------------------------------------------------------------------------------------
Sri Trang Agro have Upstream, Midstream & Downstream operations.
3rd BIGGEST in the glove market manufacturer.
Currently production output is 33 Billion (2020), upon completion of expansion
Phase 1 : 50 Billion (2024)
Phase 2 : 70 Billion (2028)
Phase 3 : 100 Billion (2032)

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we are at w2 according to Master Yuan. If all come to senses how important this is... we could be in w3 in no time.

ghetto ( Date: 02-Jun-2020 15:55) Posted:

Very good set of numbers for Q1. Am on board.

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Courtesy to our dearest Master Yuan.

magenta ew
ew 130 149 w2?
w1 19
w2 12 tgt 137
px hit 141
if supported w3 come

w3 31 tgt 168
w4 12 tgt 156
w5 19 tgt 175

ferarri79 ( Date: 02-Jun-2020 15:45) Posted:

but tis sri seems to be range bound between 1.38 - 1.49 range..

Fluffyclouds ( Date: 02-Jun-2020 15:38) Posted:

For those who want to diversify when it' s still cheap share price. Previously this share about SGD 0.4 cents before covid-19 came into play. After the world come to realise how importance of an impact of this.. price shot up. Sri Trang Agro price in my opinion like others here is undervalue & overweight.

I could take my profit as i enter at a very low price but i am going for long for this one! Hope yall can make this one of the profortlio too!
May all of us huat as much as we can

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For those who want to diversify when it' s still cheap share price. Previously this share about SGD 0.4 cents before covid-19 came into play. After the world come to realise how importance of an impact of this.. price shot up. Sri Trang Agro price in my opinion like others here is undervalue & overweight.

I could take my profit as i enter at a very low price but i am going for long for this one! Hope yall can make this one of the profortlio too!
May all of us huat as much as we can!

Fluffyclouds ( Date: 02-Jun-2020 15:31) Posted:

SRI TRANG AGRO GLOVES

6.3 Billion pcs sold in first quarter 2020.
--------------------------------------------------------
Breakdown of Sales Volume :-
Europe : 19%
North America 15%
South America 13%
China 12%
Thailand 12%
India 5%
Balance of Asia : 16%
Middle East : 4%
Africa : 4%
Oceania : 1%
Exporting to 140 Countries out of 195 countries
----------------------------------------------------------------------------------
IPO Expected to be completed by 3rd Quarter 2020.
IPO uses for :
1) Business Expansion and/or
2) Business repayment of loans and/or
3) Working capital for business

How it affect shareholders? (Indirectly)
1) Reflecting share value with added value from manufacturing and distribution for medical and industrial purposes.

------------------------------------------------------------------------------------------------------------------------------------------------------------
Sri Trang Agro have Upstream, Midstream & Downstream operations.
3rd BIGGEST in the glove market manufacturer.
Currently production output is 33 Billion (2020), upon completion of expansion
Phase 1 : 50 Billion (2024)
Phase 2 : 70 Billion (2028)
Phase 3 : 100 Billion (2032)

x 0

SRI TRANG AGRO GLOVES

6.3 Billion pcs sold in first quarter 2020.
--------------------------------------------------------
Breakdown of Sales Volume :-
Europe : 19%
North America 15%
South America 13%
China 12%
Thailand 12%
India 5%
Balance of Asia : 16%
Middle East : 4%
Africa : 4%
Oceania : 1%
Exporting to 140 Countries out of 195 countries
----------------------------------------------------------------------------------
IPO Expected to be completed by 3rd Quarter 2020.
IPO uses for :
1) Business Expansion and/or
2) Business repayment of loans and/or
3) Working capital for business

How it affect shareholders? (Indirectly)
1) Reflecting share value with added value from manufacturing and distribution for medical and industrial purposes.

------------------------------------------------------------------------------------------------------------------------------------------------------------
Sri Trang Agro have Upstream, Midstream & Downstream operations.
3rd BIGGEST in the glove market manufacturer.
Currently production output is 33 Billion (2020), upon completion of expansion
Phase 1 : 50 Billion (2024)
Phase 2 : 70 Billion (2028)
Phase 3 : 100 Billion (2032)

x 0

6.3 Billion pcs sold in first quarter 2020.
--------------------------------------------------------
Breakdown of Sales Volume :-
Europe : 19%
North America 15%
South America 13%
China 12%
Thailand 12%
India 5%
Balance of Asia : 16%
Middle East : 4%
Africa : 4%
Oceania : 1%
Exporting to 140 Countries out of 195 countries
----------------------------------------------------------------------------------
IPO Expected to be completed by 3rd Quarter 2020.
IPO uses for :
1) Business Expansion and/or
2) Business repayment of loans and/or
3) Working capital for business

How it affect shareholders? (Indirectly)
1) Reflecting share value with added value from manufacturing and distribution for medical and industrial purposes.

------------------------------------------------------------------------------------------------------------------------------------------------------------
Sri Trang Agro have Upstream, Midstream & Downstream operations.
3rd BIGGEST in the glove market manufacturer.
Currently production output is 33 Billion (2020), upon completion of expansion
Phase 1 : 50 Billion (2024)
Phase 2 : 70 Billion (2028)
Phase 3 : 100 Billion (2032)

x 0

Same views as you. I mention before here. Though sats is a catering company, it doesnt solely supply to airline. It has other overseas investment.

Also, they supply food locally.

Kangtan ( Date: 02-Jun-2020 12:47) Posted:

not good enough to predict price but just offering some views because i see some very optimistic and some complete opposite.
i also see argument like will surely pre covid levels. i think it is not so simple. we need to consider people reaction post covid.
for eg, in retail, after this scare, those companies that survive will surely rethink their positioning. 1 month rent in a shopping centre = 2 years rent in a B1 industrial space. do i still want to have such a footprint in the shopping centre:? what is this development on rental and occupancy and its results on retail reits. likewise for sia, how long can the amount raised this round last. if need to issue mcbs again, what is their profits post covid even if they can operate at pre covid levels.

john_ric ( Date: 02-Jun-2020 12:09) Posted:

good points.

any contrarian views?

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Don't worry bro, i try my best to help what i can.

Zerocool888 ( Date: 02-Jun-2020 11:50) Posted:

Your recommended stock Sri Trang Agro, I manage to lock in some lots before it skyrocketed on 28th May. Gonna leave it to sit and huat by itself.

As for CB - just let it be for now. Bad or good news, the owner of the company won' t just let it die. The potential of this company is not just doing test kits for COVID-19.

Fluffyclouds ( Date: 02-Jun-2020 09:59) Posted:

Morning brother, of course. Traders are what i say " eat to your own appetitte with the notion of hoping not to getting any diarrhea from it"

I recommended on this chat before, to buy Sri Trang Agro as compare to Topglove. Look at today market less than an hr, such flushing activity done. The consolation of this of course Sri Trang Agro only down approx 2% as compare to Topglove 24%.

Sri Trang Agro though is far apart in terms of share price, able to cushion abit on the fall. Why?
I feel the pricing is more realistic as compare to Top glove.
Their climb is so fast or rather too fast.

In line with this topic, clearbridge may be seem be lagging behind with its other counter, but again, solid foundation, better cushion effects.
DDYO

x 0

In my opinion, once T5 up, price is even gonna rocket up.
However, once air traffic builds up again like how sars is like,

Pretty sure we can make double or prolly triple.

Best of luck everyone.

Oceangrace ( Date: 02-Jun-2020 10:22) Posted:

SATS at below $3 is still cheap. Waiting for it to double when the situation is over.

Fluffyclouds ( Date: 02-Jun-2020 10:05) Posted:

SATS

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Maintain suggested target price by UOB $1.78.
Healthy & rationale.

Anything more is a bonus (which we all are kind of expecting)

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SATS

iluvgambling ( Date: 02-Jun-2020 10:03) Posted:

SATS or SIA better ???

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Morning brother, of course. Traders are what i say " eat to your own appetitte with the notion of hoping not to getting any diarrhea from it"

I recommended on this chat before, to buy Sri Trang Agro as compare to Topglove. Look at today market less than an hr, such flushing activity done. The consolation of this of course Sri Trang Agro only down approx 2% as compare to Topglove 24%.

Sri Trang Agro though is far apart in terms of share price, able to cushion abit on the fall. Why?
I feel the pricing is more realistic as compare to Top glove.
Their climb is so fast or rather too fast.

In line with this topic, clearbridge may be seem be lagging behind with its other counter, but again, solid foundation, better cushion effects.
DDYOD

Zerocool888 ( Date: 02-Jun-2020 09:49) Posted:

As you mentioned, there are short, medium and long players..Depends on how much you want to earn which based on the risk anyone willing to take.

Fluffyclouds ( Date: 02-Jun-2020 09:34) Posted:

Clearbridge Health Limited is a healthcare company with a focus on the delivery of precision medicine in Asia. Its business comprises laboratory testing services, medical clinics/centres and strategic equity participation in complementary precision medical technology companies. - From their website.

Bold words are for a reason. This counter can safely say play for short, medium & long (In my opinion).
Their drive for quality healthcare is there. Solid foundation.

x 0

Poor chap who bought at $6 plus need to hang on to dear life to make sure that investment atleast come back. Play this counter atleast got reasonable depth to go down.
22% vs 1.4% down.

Shake head, still cant see what i am trying to say. @_@

LowLow12 ( Date: 02-Jun-2020 09:41) Posted:

I shorted UG
it has the most fats :)

hotelgrand ( Date: 02-Jun-2020 09:32) Posted:

shorted 1.46-1.48 early morning

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Clearbridge Health Limited is a healthcare company with a focus on the delivery of precision medicine in Asia. Its business comprises laboratory testing services, medical clinics/centres and strategic equity participation in complementary precision medical technology companies. - From their website.

Bold words are for a reason. This counter can safely say play for short, medium & long (In my opinion).
Their drive for quality healthcare is there. Solid foundation.

newbie888 ( Date: 02-Jun-2020 09:17) Posted:

CB should change to selling gloves... Lol.. Look at UG, riverstone and top gloves... They are the wild running bull in Spain.. Lol..

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The issue of lawsuit. Anyone can sue anyone, open a case. BUT whether it has weight to it, justifiable to bring forward is another step to it.
Remember if you lose the lawsuit, you have to pay for the damage done (but nothing much to them) but what is more important is your business name tag along with the losing case.

with NO basis or any ground means on why theres a lawsuit... i dont really fear much about it. Even with the news known yesterday, the share price still stand to what i say a healthy one.

Add on to this, even you inform the other party that you going to bring to court for a case, you can actually withdraw it before its due......
Moreover, Clearbridge already inform in their statement, they done it according to the indonesia law. (already add on the weight to it)

so we just wait for the next news and their fda approval update for test kit...

Mersingboy ( Date: 02-Jun-2020 08:54) Posted:

This lawsuit issue seems a bit dodgy to me. Doesn' t have much basis and I find the details a bit sketchy. Unfortunately it has dampened the performance of this stock. I have already bought it at 19.5 and going to hold it because in comparison to the rest of the medical counters I find it undervalued for this business and its reach in the region. so I am keeping my fingers crossed!

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Yeah man, with the IPO around the corner, expansion for the best.

THE BEST HAVE YET TO BE!

LowLow12 ( Date: 02-Jun-2020 08:51) Posted:

Let?s break 150 today and go 178
Gloves ipo prospectus coming out soon anytime
Cheers
Fatt Fatt Fatt

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Refering to bio one or the other distributor...

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Steven bro pls provide link.

StevenKan ( Date: 01-Jun-2020 21:49) Posted:

US FDA OKs emergency use authorization of Aytu BioScience COVID-19 IgG/IgM rapid test cassette distributed by the company.

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Guys, pls use master yuan tool as a guideline.
Been grateful to him as well. Thanks brother for the countless help as always! Cheers

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Lol. Later dont say "aiyah should have enter earlier" lol!