| Latest Forum Topics / Sri Trang Agro Last:0.72 -- |
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Thai Sri Trang sets IPO price at S$1.20
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Fluffyclouds
Master |
20-Aug-2020 13:43
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Lol, thats why i diversify my holdings. Soon SBS - Public transport SATS - Airlines Catering ACROMEC - Clean room & Engineering SRI TRANG - Rubber & Gloves UMS - Tech Boom 5g Current  Medtech - Healthcare Transistion is important and key also when come to investment. You can hold when its growing, but when demand is not there, thats the dangerous part. Nobody want to buy except those who want to really long for the counter. Price may be going down now, but when BB come to play a visit when its time....youll see the result. DDYOD
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a79991
Veteran |
20-Aug-2020 13:42
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Let see what kind of trading price when vaccine is out... hope you would be all out by then good luck! 
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3dw1nchu4
Veteran |
20-Aug-2020 13:42
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Not sure if the naysayers saw this part: Management forecasts global demand for natural rubber this year at 12.12m tonnes, down 11% y-o-y, owing to the COVID-19 pandemic impact. Note that demand for natural rubber from the tyre industry accounts for 71% of global natural rubber consumption. However,  Sri Trang Agro-Industry&rsquo s natural rubber business would be profitable this year, a turnaround from a net loss of Bt662m in 2019, on an expected larger market share of 25-30% in 2020 (2019: 22%) as large local competitors faced financial problems last year. http://research.sginvestors.io/2020/08/sri-trang-agro-industry-uob-kay-hian-research-2020-08-19.html TLDR STA competitors died, which benefited STA. Post covid, STA would still be well over its 2019 value. |
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linguist
Veteran |
20-Aug-2020 13:40
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U r wrong, then BBs will buy in areas that can recover. And rubber would be one of the fatest to recover because it' s used in many industries. If u had done ur research well, the latest presentation slides from Sri Trang shows that their biggest importer is China, and china already no longer in lockdown and their trade/business are resuming as per normal. 
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Superfast
Supreme |
20-Aug-2020 13:39
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He always. Use papaya ... To exchange durians...lol
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Superfast
Supreme |
20-Aug-2020 13:38
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Bb can pull out anytime there.... They gain alot liao
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a79991
Veteran |
20-Aug-2020 13:36
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You are right! But now bbs are playing on gloves fever once this gloves fever over then you would see 0.40-0.60 when vaccine out 
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alanllt
Senior |
20-Aug-2020 13:34
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Yesterday UOB analysts revise target to $1.99/-   cheap cheap. Less than $2/- | ||||
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linguist
Veteran |
20-Aug-2020 13:31
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they on contra cannot hold. but dont know why still lurking around here.  want contra should go medtecs now, the volume is there.  but they scare, cuz they are worried about BBs pulling out from medtecs, thus they keep camping here singing doom hopes price goes lower and lower.  eventually they will miss the boat again. 
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linguist
Veteran |
20-Aug-2020 13:28
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dude, before covid top gloves/ug/rs/medtecs all trading the same la.
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Superfast
Supreme |
20-Aug-2020 13:27
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Serious la.... This counter must wait awhile ...
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crystalbee
Veteran |
20-Aug-2020 13:25
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You waiting to collect papaya to sell at durian price.......lol.
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alanllt
Senior |
20-Aug-2020 13:23
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Thought you' re superfast?
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Superfast
Supreme |
20-Aug-2020 13:21
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Where got so fast want fast return.... Go casino
Right
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Fluffyclouds
Master |
20-Aug-2020 13:18
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Some people just expect invest now, tommorow 100% up kind, cant take heat, kpkb here and there.  Then again its their rights la, their money also, i dont bother. lol! STA is diversified also, gloves and tyres. Transistion for after covid is there. Need to know why past prices go down and up. NUMBERS dont tell stories alone, need to dig out why it go that low... does the raw material affect the prices etc.... Some people just see that angle only, what to do.
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Superfast
Supreme |
20-Aug-2020 13:16
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Yalo.... This 1 safer than any other stocks...
Buy 1 get 3 deals.... So safe .... Rubbers high. Demand
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Andynkl
Senior |
20-Aug-2020 13:15
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We can also said b4 covid, demand for gloves is low. Whatever it is, this Coy has the benefits of gloves & rubber business... Just let it runs its course.....this counter is waiting for SET STA to spike... When this happens, then Sg STA will move in tandem..... PATIENCE & PATIENCE, is a waiting game
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alanllt
Senior |
20-Aug-2020 13:13
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I remember saw somewhere that US tariff is free for medical and non-medical gloves from Thailand but not Malaysia. Does this give them more advantage? | ||||
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niccccccs
Member |
20-Aug-2020 13:11
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this should be correct, let STA thai be the lead market..
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Battle123
Elite |
20-Aug-2020 13:11
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Ai yo ask yourself la, this can make gloves and also rubber for tyres and others, sure make money right
U think analysts anyhow calculate meh |
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