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Thai Sri Trang sets IPO price at S$1.20 Post Reply Rate topic
LowLow12 Elite	02-Jun-2020 21:14        LowLow12 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Never use margin fully than you can afford It?s a double edge sword Go up u happy x multiple times Go down you vomit out multiple times too Why subject to such fear Buy $ to $ u can afford Anyway it?s good to have so much collection at 138-140 The journey to $2 will b so much stronger AaaMmm      ( Date: 02-Jun-2020 18:49) Posted: Hi All, I am new to here. I just on board Sri Trang today at $1.39. After on board, receive the news below. It makes me paranoid. Will the price drops further? https://www.theedgemarkets.com/article/brokerage-houses-tighten-margin-financing-glove-makers-stocks-amid-trading-madness
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wehuattogether88 Supreme	02-Jun-2020 21:08        wehuattogether88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Another correction pending in the air, better be careful
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Gknight Senior	02-Jun-2020 20:53        Gknight About Contact  Quote this Post!
x 0   x 0  Alert Admin	top glove sell down today...,maybe tmr again.. may affect this stock..those waiting to scoop cheap can watch tmr.
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alanllt Senior	02-Jun-2020 20:47        alanllt About Contact  Quote this Post!
x 0   x 0  Alert Admin	Cheaper or more expensive? Depending who the seller and who the buyer also.  I would preferred more volume no matters up or down.  Luckystrike      ( Date: 02-Jun-2020 20:35) Posted: He meant tomorrow is a glove great sale day. tofudidi      ( Date: 02-Jun-2020 20:30) Posted: Tomorrow glove rally or tech
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Luckystrike Veteran	02-Jun-2020 20:35        Luckystrike About Contact  Quote this Post!
x 0   x 0  Alert Admin	He meant tomorrow is a glove great sale day. tofudidi      ( Date: 02-Jun-2020 20:30) Posted: Tomorrow glove rally or tech? Tartbreaker      ( Date: 02-Jun-2020 20:17) Posted: Tomorrow is shopping day :)
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tofudidi Supreme	02-Jun-2020 20:30        tofudidi About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tomorrow glove rally or tech? Tartbreaker      ( Date: 02-Jun-2020 20:17) Posted: Tomorrow is shopping day :)
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Tartbreaker Member	02-Jun-2020 20:17        Tartbreaker About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tomorrow is shopping day :)
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ferarri79 Senior	02-Jun-2020 19:58        ferarri79 About Contact  Quote this Post!
x 0   x 0  Alert Admin	meaning the upcoming ipo is for the glove related ipo? if so, tat ipo wil chiong more instead of this even though tis is the parent company. stanip      ( Date: 02-Jun-2020 19:48) Posted: If it is a parent - subsidiary structure, then the IPO subsidiary revenues & earnings should roll up into the parent company' s financials. zyer89      ( Date: 02-Jun-2020 18:13) Posted: hi, can i check with all whom tout for the IPO in august, wouldnt a new SriTrang glove counter meant that it is going to take away the revenue for gloves to the new counter, rendering this counter useless cause it does not take into account glove sales anymore? please advise.
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stanip Veteran	02-Jun-2020 19:48        stanip About Contact  Quote this Post!
x 0   x 0  Alert Admin	If it is a parent - subsidiary structure, then the IPO subsidiary revenues & earnings should roll up into the parent company' s financials. zyer89      ( Date: 02-Jun-2020 18:13) Posted: hi, can i check with all whom tout for the IPO in august, wouldnt a new SriTrang glove counter meant that it is going to take away the revenue for gloves to the new counter, rendering this counter useless cause it does not take into account glove sales anymore? please advise.
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alanllt Senior	02-Jun-2020 19:00        alanllt About Contact  Quote this Post!
x 0   x 0  Alert Admin	Malaysia compare to Thailand.  AaaMmm      ( Date: 02-Jun-2020 18:49) Posted: Hi All, I am new to here. I just on board Sri Trang today at $1.39. After on board, receive the news below. It makes me paranoid. Will the price drops further? https://www.theedgemarkets.com/article/brokerage-houses-tighten-margin-financing-glove-makers-stocks-amid-trading-madness
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AaaMmm Member	02-Jun-2020 18:49        AaaMmm About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi All, I am new to here. I just on board Sri Trang today at $1.39. After on board, receive the news below. It makes me paranoid. Will the price drops further? https://www.theedgemarkets.com/article/brokerage-houses-tighten-margin-financing-glove-makers-stocks-amid-trading-madness
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zyer89 Member	02-Jun-2020 18:13        zyer89 About Contact  Quote this Post!
x 0   x 0  Alert Admin	hi, can i check with all whom tout for the IPO in august, wouldnt a new SriTrang glove counter meant that it is going to take away the revenue for gloves to the new counter, rendering this counter useless cause it does not take into account glove sales anymore? please advise.
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hokpin Supreme	02-Jun-2020 17:58        hokpin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks, Low for your very positive encouragement. LowLow12      ( Date: 02-Jun-2020 17:18) Posted: the most resilient glove stock out of the 3 kings Top Glove and Riverstone Has been accumulating for almost the whole day at 138-140 yet again This level has already became the support. We are at the point where we see higher low. The next round it will break 150 convincingly If you are very tempted to sell off, think twice. You have not seen the glove IPO listed in end july/august and you have not seen the august half year results which is going to break record. It is just 2 months away, dont you wish to see your investment double from here? Heavy accumulation at this level for big gains to come. Be patience   sncm3425      ( Date: 02-Jun-2020 16:49) Posted: Me too.🤞
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LowLow12 Elite	02-Jun-2020 17:18        LowLow12 About Contact  Quote this Post!
x 0   x 0  Alert Admin	the most resilient glove stock out of the 3 kings Top Glove and Riverstone Has been accumulating for almost the whole day at 138-140 yet again This level has already became the support. We are at the point where we see higher low. The next round it will break 150 convincingly If you are very tempted to sell off, think twice. You have not seen the glove IPO listed in end july/august and you have not seen the august half year results which is going to break record. It is just 2 months away, dont you wish to see your investment double from here? Heavy accumulation at this level for big gains to come. Be patience   sncm3425      ( Date: 02-Jun-2020 16:49) Posted: Me too.🤞 alanllt      ( Date: 02-Jun-2020 16:16) Posted: I' m still vested.
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sncm3425 Senior	02-Jun-2020 16:49        sncm3425 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Greed is foolish"
x 0   x 0  Alert Admin	Me too.🤞 alanllt      ( Date: 02-Jun-2020 16:16) Posted: I' m still vested.  Fluffyclouds      ( Date: 02-Jun-2020 16:04) Posted: 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
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alanllt Senior	02-Jun-2020 16:16        alanllt About Contact  Quote this Post!
x 0   x 0  Alert Admin	I' m still vested.  Fluffyclouds      ( Date: 02-Jun-2020 16:04) Posted: 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
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Fluffyclouds Master	02-Jun-2020 16:04        Fluffyclouds About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	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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Fluffyclouds Master	02-Jun-2020 15:59        Fluffyclouds About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	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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alanllt Senior	02-Jun-2020 15:57        alanllt About Contact  Quote this Post!
x 0   x 0  Alert Admin	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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ghetto Master	02-Jun-2020 15:55        ghetto About Contact  Quote this Post! Style: Combined
x 0   x 0  Alert Admin	Very good set of numbers for Q1. Am on board.
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