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look@bright Elite	30-Aug-2020 21:53        look@bright About Contact  Quote this Post!
x 0   x 0  Alert Admin	NAV of the company already $0.93, don' t scare people lah  Bintang      ( Date: 30-Aug-2020 21:47) Posted: On 17 Aug , Sri Trang came down from $1.36 closing with a long black candle at $1.23 . After eight days of trading it went down to $1.06 on 26 Aug. On 27 and 28 Aug , it closed flat but formed a inverted flag formation . At this juncture ,it must to make a key reversal or it would break out of this formation and go down further to $0.80 before reaching  $0.45 . Bintang      ( Date: 30-Aug-2020 19:13) Posted: Infact $1.10 is the neckline of a huge Head & Shoulder pattern of Sri Trang. Breaking which may see a downside target of $0.45. # $1.10 -( $1.75 - $1.10 ) = $0.45 Hope this would not happen.
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Krystle91 Member	30-Aug-2020 21:48        Krystle91 About Contact  Quote this Post!
x 0   x 0  Alert Admin	There?s just way many reasons for the upside of this stock. - even higher earnings in q3 2020 - expansion of factories and land to be the market leader for gloves production in the years to come - increasing rubber prices due to demand > supply. Rubber is not only used for the automotive industry, but for the never ending demand for gloves as well. - the new norm would be for all tourism and service industries to use gloves in the future. The demand can only go up as COVID-19 cases are on the rise everyday. - how can the share price go back to 40 cents, when their earnings were so much lesser back then as compared to now? Holding on for sure.
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Bintang Elite	30-Aug-2020 21:47        Bintang About Contact  Quote this Post! Style: Technical   Mood:
x 0   x 1  Alert Admin	On 17 Aug , Sri Trang came down from $1.36 closing with a long black candle at $1.23 . After eight days of trading it went down to $1.06 on 26 Aug. On 27 and 28 Aug , it closed flat but formed a inverted flag formation . At this juncture ,it must to make a key reversal or it would break out of this formation and go down further to $0.80 before reaching  $0.45 . Bintang      ( Date: 30-Aug-2020 19:13) Posted: Infact $1.10 is the neckline of a huge Head & Shoulder pattern of Sri Trang. Breaking which may see a downside target of $0.45. # $1.10 -( $1.75 - $1.10 ) = $0.45 Hope this would not happen. wisecomment      ( Date: 30-Aug-2020 18:45) Posted: Lousy stock. Dump earlier better. See you at 0.4
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look@bright Elite	30-Aug-2020 21:13        look@bright About Contact  Quote this Post!
x 0   x 0  Alert Admin	ok better day tomorrow
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Fluffyclouds Master	30-Aug-2020 21:06        Fluffyclouds About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Coming....
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tangoanna Master	30-Aug-2020 20:24        tangoanna About Contact  Quote this Post!
x 0   x 0  Alert Admin	All these technicals will not matter when Thai side moves and/or BB jumps in. Bintang      ( Date: 30-Aug-2020 19:13) Posted: Infact $1.10 is the neckline of a huge Head & Shoulder pattern of Sri Trang. Breaking which may see a downside target of $0.45. # $1.10 -( $1.75 - $1.10 ) = $0.45 Hope this would not happen. wisecomment      ( Date: 30-Aug-2020 18:45) Posted: Lousy stock. Dump earlier better. See you at 0.4
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tangoanna Master	30-Aug-2020 20:09        tangoanna About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.bloomberg.com/news/articles/2020-08-27/world-s-top-rubber-grower-challenges-malaysia-s-glove-dominance Longtermer      ( Date: 30-Aug-2020 19:21) Posted: World&rsquo s top rubber grower challenges Malaysia&rsquo s glove dominance Randy Thanthong-Knight/  Bloomberg (Aug 28):  Thailand, the world&rsquo s largest natural rubber supplier, is ramping up domestic production of gloves with the coronavirus outbreak fueling a global shortage. About 80% of Thailand&rsquo s rubber has traditionally been exported for further processing, with tiremakers normally the biggest customers. But with the pandemic driving up demand for gloves, Thailand can easily double its market share to 26% next year, according to Boon Vanasin, a local hospital tycoon setting up a 20-billion gloves facility. While Malaysian firms were quick to ramp up glove production, often using nitrile, a synthetic compound, Thailand was slower to make the pivot to local manufacturing. Now the state-owned Rubber Authority of Thailand is nudging companies to boost glove production to take advantage of the nation&rsquo s abundant supply of natural rubber. &ldquo We want to be the world&rsquo s number one natural rubber glove producer,&rdquo Rubber Authority Governor Nakorn Takkavirapat said in an interview. &ldquo There&rsquo s a lot of opportunities for us because the Asian glove market has the biggest growth potential, and we supply the majority of natural rubber to the world.&rdquo Thailand produces about 4.8 million metric tons of natural rubber annually, far ahead of Indonesia, Vietnam and Malaysia. Doubling capacity Boon, who is chairman of Thonburi  Healthcare  Group Pcl, estimates global gloves demand at 400 billion to 600 billion pieces annually with current supplies only about half of that. And Thai rubber industry is already accelerating glove production capacity to meet the rising demand.  Sri Trang Gloves Pcl, the country&rsquo s biggest glovemaker plans to more than double its capacity to 70 billion by 2026. By 2032, it plans to churn out 100 billion gloves annually. While greater demand for gloves is helping with the natural rubber glut, other Thai initiatives to boost use of locally produced material include building rubber  road barriers  and making  cosmetics. The challenge for Thailand&rsquo s latex gloves industry will be to regain the market share from nitrile alternatives which don&rsquo t cause allergic reactions as do natural latex gloves. Meanwhile, the government&rsquo s task will be to design policies to facilitate investment and provide some subsidies for businesses, Nakorn said. &ldquo There&rsquo s a large gap between demand and supply,&rdquo Thonburi Healthcare&rsquo s Boon said. &ldquo Thailand exports a lot of natural rubber for processing abroad. Why can&rsquo t Thailand process rubber and make gloves ourselves for exports?&rdquo
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Superfast Supreme	30-Aug-2020 19:51        Superfast About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just wait for our turn.... Krystle91      ( Date: 30-Aug-2020 19:23) Posted: The market is not always rationale short term. Good earnings does not = stock price increase. Same for loss making companies could have their stock price increased instead. I think everyone entered this stock with the hope for it to be like Medtecs on it?s earnings day. Don?t hate the stock. Don?t keep your expectations too high. Once it comes, it comes.
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Krystle91 Member	30-Aug-2020 19:23        Krystle91 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The market is not always rationale short term. Good earnings does not = stock price increase. Same for loss making companies could have their stock price increased instead. I think everyone entered this stock with the hope for it to be like Medtecs on it?s earnings day. Don?t hate the stock. Don?t keep your expectations too high. Once it comes, it comes.
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Longtermer Elite	30-Aug-2020 19:21        Longtermer About Contact  Quote this Post! Style: Flexible   Yells: "A disciplined investor is a wealthy investor"
x 0   x 0  Alert Admin	World&rsquo s top rubber grower challenges Malaysia&rsquo s glove dominance Randy Thanthong-Knight/  Bloomberg (Aug 28):  Thailand, the world&rsquo s largest natural rubber supplier, is ramping up domestic production of gloves with the coronavirus outbreak fueling a global shortage. About 80% of Thailand&rsquo s rubber has traditionally been exported for further processing, with tiremakers normally the biggest customers. But with the pandemic driving up demand for gloves, Thailand can easily double its market share to 26% next year, according to Boon Vanasin, a local hospital tycoon setting up a 20-billion gloves facility. While Malaysian firms were quick to ramp up glove production, often using nitrile, a synthetic compound, Thailand was slower to make the pivot to local manufacturing. Now the state-owned Rubber Authority of Thailand is nudging companies to boost glove production to take advantage of the nation&rsquo s abundant supply of natural rubber. &ldquo We want to be the world&rsquo s number one natural rubber glove producer,&rdquo Rubber Authority Governor Nakorn Takkavirapat said in an interview. &ldquo There&rsquo s a lot of opportunities for us because the Asian glove market has the biggest growth potential, and we supply the majority of natural rubber to the world.&rdquo Thailand produces about 4.8 million metric tons of natural rubber annually, far ahead of Indonesia, Vietnam and Malaysia. Doubling capacity Boon, who is chairman of Thonburi  Healthcare  Group Pcl, estimates global gloves demand at 400 billion to 600 billion pieces annually with current supplies only about half of that. And Thai rubber industry is already accelerating glove production capacity to meet the rising demand.  Sri Trang Gloves Pcl, the country&rsquo s biggest glovemaker plans to more than double its capacity to 70 billion by 2026. By 2032, it plans to churn out 100 billion gloves annually. While greater demand for gloves is helping with the natural rubber glut, other Thai initiatives to boost use of locally produced material include building rubber  road barriers  and making  cosmetics. The challenge for Thailand&rsquo s latex gloves industry will be to regain the market share from nitrile alternatives which don&rsquo t cause allergic reactions as do natural latex gloves. Meanwhile, the government&rsquo s task will be to design policies to facilitate investment and provide some subsidies for businesses, Nakorn said. &ldquo There&rsquo s a large gap between demand and supply,&rdquo Thonburi Healthcare&rsquo s Boon said. &ldquo Thailand exports a lot of natural rubber for processing abroad. Why can&rsquo t Thailand process rubber and make gloves ourselves for exports?&rdquo
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Bintang Elite	30-Aug-2020 19:13        Bintang About Contact  Quote this Post! Style: Technical   Mood:
x 0   x 0  Alert Admin	Infact $1.10 is the neckline of a huge Head & Shoulder pattern of Sri Trang. Breaking which may see a downside target of $0.45. # $1.10 -( $1.75 - $1.10 ) = $0.45 Hope this would not happen. wisecomment      ( Date: 30-Aug-2020 18:45) Posted: Lousy stock. Dump earlier better. See you at 0.4
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bystander1965 Supreme	30-Aug-2020 19:07        bystander1965 About Contact  Quote this Post!   Mood: Yells: "What I say is just my assessment. DYODD"
x 0   x 0  Alert Admin	It' s not a good time to enter long position. Have to let it play out and see. Actually all medical/glove counters are in the same mode now. Just my observation...
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Bintang Elite	30-Aug-2020 19:02        Bintang About Contact  Quote this Post! Style: Technical   Mood:
x 0   x 0  Alert Admin	Sri Trang share price has gone below 50EMA which is trending down. 50EMA is defined that any share price goes below it should viewed as downtrend. Since many indicators showing price is in negative position, it would not be good unless it makes a very strong key reversal with heavy volume. wisecomment      ( Date: 30-Aug-2020 18:45) Posted: Lousy stock. Dump earlier better. See you at 0.4
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wisecomment Member	30-Aug-2020 18:45        wisecomment About Contact  Quote this Post!
x 1   x 1  Alert Admin	Lousy stock. Dump earlier better. See you at 0.4
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hantanbl Senior	30-Aug-2020 18:10        hantanbl About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro, I took a close look at the ichimoku for STA Singapore and it already out of the cloud since 13Aug & Kijun is above Tenkan line since 11-Aug signalling a sell. This is further confirmed by the Komu cloud above the candlesticks. With my limited Ichimoku knowledge, this is not looking good! Or did i missed anything? I am not sure about posting picture in SJ, this is the link to my screen captured. I am using 4 hrs interval, 60 days https://i.ibb.co/dMXcDzf/STA-SIN.jpg < a href=" https://ibb.co/RbtScVg" > < img src=" https://i.ibb.co/xLws6R2/STA-SIN.jpg" alt=" STA-SIN" border=" 0" > < /a> Ichimoku      ( Date: 28-Aug-2020 17:09) Posted: --- Post Removed by User ---
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shadow11 Veteran	30-Aug-2020 18:02        shadow11 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I believed a lot of investor retailer etc feel puzzle. How come. Sta so underperform and then keep holding on. Why the chart shows head and shoulder. If one can relate to the fundenmental, it's actually the drop in to automotive market. So wat rubber price is high. When there is weaken demand for tyre, so. High rubber price for wat. The q3 result for their rubber segment will feel the pinch. That's y the chart behave in this way. Hope it clear the doubt once and for all for retailer newbie etc.. Watch their q3 . The number will say it all. Dun need thank me for this info.
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small_cap Member	30-Aug-2020 17:43        small_cap About Contact  Quote this Post!
x 0   x 0  Alert Admin	Consolidations are seen across glove stocks in SGX and Bursa these few weeks.  Being the laggard among them, Sri Trang still have the potential to catch up a bit when the consolidation for the sector is done.  Tyre industry in China is also recovering at a pace faster-than-expected. And > 50% of Sri Trang' s revenue comes from China.  All in all I don' t see anything fundamentally wrong with the business now.  In the short term the market may not agree with us for whatever reasons e.g. " BB" consolidating or failure to  recognise the advantage of its business model.  Im giving myself few more months to stay vested and remain cautiously optimistic with a stop loss in mind.
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bystander1965 Supreme	30-Aug-2020 17:26        bystander1965 About Contact  Quote this Post!   Mood: Yells: "What I say is just my assessment. DYODD"
x 0   x 0  Alert Admin	It' s actually currently sitting on the neck line and also 89SMA. That could be a good support. But if it breaks, the downside is rather large though. Just observing. I am neither long nor short on this and not saying how it would actually behave. shadow11      ( Date: 30-Aug-2020 16:58) Posted: Head and shoulder formation. Carefoo hor. A break 103 that's it. All come loose See u at 80c Krystle91      ( Date: 30-Aug-2020 16:06) Posted: In my personal opinion, the counter resisted well last week when all medical counters started to fall. This week would be medical week in play once again due to the spike of covid-19 cases. Furthermore, the uptrend is rubber pricing is only beneficial to STA. Not to mention the double doji could be a start of a big upward trend reversal.
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OngBak Veteran	30-Aug-2020 17:25        OngBak About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yalo, good results its go down. Maybe all say it will go down but it go up. KI SI LI Krystle91      ( Date: 30-Aug-2020 17:07) Posted: This stock never follows any pattern any way.
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Charanko Senior	30-Aug-2020 17:18        Charanko About Contact  Quote this Post!
x 0   x 0  Alert Admin	thought got    一 只 蘑 菇 🍄 ?  Krystle91      ( Date: 30-Aug-2020 17:07) Posted: This stock never follows any pattern any way.
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