Latest Forum Topics /
Sri Trang Agro
Last:0.71
+0.01
|
 Post Reply
|
|
Thai Sri Trang sets IPO price at S$1.20
|
|||||
|
Joelton
Supreme |
16-Nov-2020 09:06
|
||||
|
x 0
x 0 Alert Admin |
Sri Trang Agro: Recorded an all-time-high net profit of THB 2,084.4 million, growing 1,442.9% YoY and 90.6% QoQ, with a net profit margin of 12.6%. Declares Dividend of Baht 50 cents per share
Sri Trang Gloves (Thailand) Public Company Limited (&ldquo STGT&rdquo ), one of Sri Trang Group&rsquo s flagship companies, engages in the production and distribution of latex and nitrile examination and industrial gloves to customers in over 140 countries around the world. STGT has offices in Thailand, China and USA.
With an annual installed production capacity of 33 billion pieces as of 30 June 2020, STGT is Thailand&rsquo s biggest glove producer and it is the world&rsquo s third largest glove producer. In 2019, STGT had a market share of 7% of global glove consumption.
After the IPO from 3Q20 onwards, STA still remains a major shareholder of STGT with 56.1% in direct and indirect shareholding.
|
||||
| Useful To Me Not Useful To Me | |||||
|
wisecomment
Member |
16-Nov-2020 08:54
|
||||
|
x 0
x 0 Alert Admin |
The engine has started. Sky is the limit with dividend coming and future earnings secured. Keep holding and accumulate more since price is good. Dont miss the boat. | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
WBdisciple
Elite |
16-Nov-2020 07:55
|
||||
|
x 0
x 0 Alert Admin |
WHO registers one-day record in new Covid-19 cases [GENEVA] The World Health Organization' s coronavirus dashboard on Sunday showed a record daily number of new Covid-19 cases over the weekend. The WHO' s figures for Saturday showed that 660,905 coronavirus cases were reported to the UN health agency, setting a new high watermark. That number, and the 645,410 registered on Friday, surpassed the previous daily record high of 614,013 recorded on November 7. Within Saturday' s new case numbers, the WHO' s Americas region registered a one-day record high of 269,225 new confirmed cases. Within each week, the pattern of cases being reported to the WHO tends to peak towards Friday, Saturday and Sunday, and dip around Tuesday and Wednesday. According to the WHO' s figures, there have been more than 53.7 million confirmed cases of the disease in total since the start of the pandemic, while over 1.3 million people have lost their lives. WHO director-general Tedros Adhanom Ghebreyesus warned on Friday that there was " a long way to go" in getting the virus under control globally. The 9,928 deaths reported to the WHO on Thursday, 9,567 on Friday and 9,924 on Saturday marked the first time that more than 9,500 deaths have been registered on three consecutive days. Thursday' s toll was the highest since the 10,012 registered on August 15, and the third-highest one-day toll in the entire pandemic - though those previous higher figures were seemingly due to unusual reporting spikes. " No country can say it was well-enough prepared for Covid-19, or that it has no lessons to learn," Mr Tedros said Friday as he closed the WHO' s annual assembly, at which member states approved a resolution on strengthening preparedness for health emergencies. As he welcomed the rapid progress towards a safe and effective vaccine, Mr Tedros nonetheless warned that " we have a long way to go" , and insisted that the virus could be contained even without a vaccine breakthrough. " The world cannot put all its eggs in one basket and neglect the many other tools at our disposal that... are effective for bringing this virus under control," he said. " The virus itself has not changed significantly, and nor have the measures needed to stop it." |
||||
| Useful To Me Not Useful To Me | |||||
|
WBdisciple
Elite |
16-Nov-2020 07:51
|
||||
|
x 0
x 0 Alert Admin |
FROM STRAITS TIMES: The quest for a coronavirus vaccine - what you need to know With so many vaccines into late-stage trials, experts shed light on their likely safety and efficacy, who should be given priority and how long any protection may last Professor Dale Fisher, from the National University Hospital, said it is still unclear how the vaccines will affect the elderly, those who are immune suppressed or suffer from severe illness. Before vaccines become commercially available, the results of their licensing trials will already be public, so " it will be reasonably clear how effective and safe they are compared with one another" , said Associate Professor Hsu Li Yang, an infectious diseases expert from the NUS Saw Swee Hock School of Public Health. PHOTO: REUTERS Salma Khalik Senior Health Correspondent PUBLISHED2 HOURS AGO A number of Covid-19 vaccine candidates are undergoing late-stage trials and if successful, may be used to inoculate millions from as early as next month. Singapore has been in talks with pharmaceutical companies working on some of them, to secure doses for people here, said Health Minister Gan Kim Yong. They include Pfizer, the United States company which announced that the vaccine it is developing with German company BioNTech has proven 90 per cent effective in clinical trials. Given the strong demand for Covid-19 vaccines worldwide, Singapore is unlikely to get enough for every person here in the initial months, or even in the first year, especially since many require two doses per person. A committee has been formed to prioritise the people who should be given the vaccines as they become available. Experts explain who should be given priority, how much protection these vaccines will likely give, and give their thoughts on whether life can revert to pre-Covid-19 days after the vaccines are rolled out. Q: Should Singapore go with the first vaccines available or wait for one that might be more effective or safer? A Professor Ooi Eng Eong of Duke-NUS Medical School, who is the principal investigator for one of the 48 Covid-19 vaccine candidates currently in human trials around the world, said the decision will depend on how high the risk of infection is. If the risk is high, it makes sense to take whatever is available. But he added that waiting a few months will not change much of the information available. " Early results would all be showing short-term protection against Covid-19. There would not be sufficient data to know which would offer the best long-term protection against Covid-19," he explained. Professor Dale Fisher, a senior infectious diseases consultant at the National University Hospital (NUH), said taking whatever vaccine is available is important to " prevent spread, prevent disease and hospitals getting overwhelmed, and to prevent deaths" . However, if these are not priorities, then countries can afford to wait to see if there are " yet unidentified adverse reactions" and how long the vaccine is effective for. He added that it is still unclear how the vaccines will affect the elderly, those who are immune suppressed or suffer from severe illness. Associate Professor Hsu Li Yang, an infectious diseases expert at the NUS Saw Swee Hock School of Public Health, said that before vaccines become commercially available, the results of their licensing trials will already be public so " it will be reasonably clear how effective and safe they are compared with one another" . He added: " If the first vaccine is effective and safe, and the others in the pipeline are similar, then there is little benefit to holding out other than waiting to see if there is a significant price difference." Q: Is a person protected immediately after getting vaccinated? Does protection kick in after the first dose of a two-dose vaccine? A Many of the vaccines require two doses, given about a month apart. Prof Ooi said most clinical trials of Covid-19 vaccines start to measure efficacy two weeks after the full dose has been given. Prof Fisher said that for vaccines that manufacturers say require two doses, it will take two doses to provide effective protection. He added that Pfizer measured efficacy 28 days after the second vaccine dose. If the second dose is not taken close to the 21 to 28 days stipulated, " then the first dose will be wasted" . Prof Hsu said that while the first dose will give some protection, " missing out the second dose for a long period of time may negate the booster effect" which is important to achieve the full protection of the vaccine. Q: Is there any advantage in a population getting a range of vaccines, rather than just using one for the whole country? A Given the huge demand for vaccines, countries may not have much choice about which and how many vaccines they can get. Prof Ooi said the decision about which vaccines to use should be based on the safety and efficacy data from their phase three clinical trials. However, it might not make sense to compare across trials as their designs may be so different as to make this difficult to do. Prof Fisher said there is no advantage in using several types of vaccines unless they respond differently in different groups. For example, some vaccines might be more effective for older or sick people, others might have more adverse reactions for them but work well in healthy people. The main advantage of using different Covid-19 vaccines, said Prof Hsu, " is that there will be multiple supply lines so we can obtain a greater number of vaccine doses for the population" . Q: How many different types of vaccines will likely be available by next year? A Prof Fisher, who chairs the World Health Organisation' s Global Outbreak Alert and Response Network, said there are more than 200 vaccine candidates, of which 48 are in human trials. There are already 11 in the final phase three clinical trials and some of these should become available. But he added: " This doesn' t mean all vaccines will be acceptable. Indeed many won' t be adequately effective or safe." Prof Hsu said he expects at least four to five vaccines by next year, with some becoming available within months of each other. Q: How long will the protection from the vaccines last? Will it be like the influenza vaccine, which needs to be taken annually? A It is too early to know. However, all the vaccine companies will be carrying out post-marketing surveillance which will be able to tell if booster vaccinations will be needed, and if so, when they should be given. Prof Hsu said: " The duration of immunity after natural infection remains unknown at this point, and vaccines do not generally provide longer-lasting protection compared with natural infection." Q: What does it mean when a vaccine is 90 per cent effective? A It means that among people taking part in a clinical trial, those who had received the vaccine were only one-tenth as likely to contact Covid-19, compared with those on placebo. Associate Professor Alex Cook, vice-dean of research at the NUS Saw Swee Hock School of Public Health, said not enough is known about those who did get infected. It may have been possible they were infected before the vaccine took effect. All that tells us, he said, is that someone who has been vaccinated " probably" will not get Covid-19. Prof Fisher explained that in the Pfizer trial, of the 22,000 people who received the vaccine, only eight were infected. Of 22,000 who were given a placebo, 86 were infected. " This is why we should watch this group of 44,000 people to see what happens to more people over time," he said. Q: Once someone is vaccinated, would it serve as a passport to go about without a mask or social distancing? A Not in the early stages, said Prof Cook, but " when sufficient people are being vaccinated to reach herd immunity, then we could in principle make safe distancing optional" . Prof Hsu said people who have been vaccinated would not know if they form the 90 per cent who are protected or the 10 per cent who are not, unless they undergo testing to see if they have developed an immune response. Prof Fisher said it would be difficult to personalise rules. Late-stage Covid-19 vaccine trial could start in Singapore before end-2020 Q: What proportion of the population needs to be vaccinated for herd immunity to kick in? A That really depends on what the vaccine does, said Prof Ooi. The primary goal now is for vaccines to protect against the disease, which means a person may get infected but not get sick. But this person might still pass the virus on to others. It is only if the vaccine protects against infection that herd immunity can build up, since that would break the chain of transmission. Prof Cook added that with a vaccine that is 90 per cent effective, about 60 per cent of the population needs to be vaccinated to confer herd immunity. Prof Hsu added: " This doesn' t mean that there will be no more Covid-19 cases. Just that outbreaks will be smaller and will naturally burn out each time they occur." Q: Who should be given priority for the vaccines? A Singapore has set up a 14-member committee to look into this but some countries have already published their priority list. In Britain, it will start with people aged 80 years and older, as well as health and care workers. The next group are those 65 years and older, then younger high-risk individuals. Family doctors will drive the immunisation exercise there, and will have to prioritise their other clinical activities to cope with the estimated 975 vaccinations per week needed at each location. The European Union is prioritising people at risk and essential workers, as well as concentrating first on geographical locations with high incidence of infection. Canada will be vaccinating the elderly, those with high-risk medical conditions, as well as people most likely to transmit the disease to the susceptible groups. These include healthcare workers and caregivers in long-term care facilities. Also on Canada' s priority list are people needed to maintain " essential services for the functioning of society" such as firefighters and grocery store staff. Australia said priority groups include the elderly, aged-care and health workers, as well as other workers who are critical to the functioning of society. Prof Cook said Singapore has a compact with healthcare workers. " They put themselves in harm' s way by working on the front lines, and we owe them the protection to keep themselves well, as well as to avoid endangering their patients. This is a social debt we owe them regardless of their citizenship," he added. He said given the stark differences in survival rates between older and younger people infected, the elderly should also be given high priority. Prof Fisher said offering vaccines to healthcare workers and travellers can be justified. Given that there are about 100,000 people in healthcare, including the 58,000 doctors and nurses, there may be a need to risk-stratify. He added: " In Singapore our deaths have been in older people so I think we should focus there, or on nursing home workers." Aside from those groups, Prof Fisher added: " Indeed our biggest threat remains migrant worker outbreaks and that as a strategy could well be justified." Q: Should the Covid-19 vaccine be voluntary or compulsory? A It should be voluntary, said the experts, especially since there will not be enough for everyone at the beginning. But Prof Cook added: " The exceptions are when you put others at acute risk by declining vaccination. " For instance, a front-line healthcare worker who refuses the vaccine is potentially putting her or his patients at risk, and it' s questionable whether that is ethically acceptable." |
||||
| Useful To Me Not Useful To Me | |||||
|
WBdisciple
Elite |
16-Nov-2020 07:44
|
||||
|
x 0
x 0 Alert Admin |
Covid-19: US shatters record after record Governors, health officials urge people to change their ways as infections, hospitalisations surge NEW YORK &bull Governors and public health officials across the United States are pleading with Americans to change their behaviour as the country shatters record after record for coronavirus cases and hospitalisations. Both records were broken yet again last Friday, as more than 181,100 new cases were reported nationwide, while Saturday saw at least 121,000 new cases recorded. The seven-day average of new daily cases is more than 140,000, with upward trends in 49 states. Some 30 states added more cases in the last week than in any other seven-day period. The surge is straining the healthcare system as the number of hospitalised Covid-19 patients rose to an all-time high of 68,141 on Friday. Governor Andrew Cuomo of New York tweeted on Saturday: " One in every 378 Americans tested positive for Covid over the past week. Wear a mask." Mr Cuomo' s mathematics is on target: In a population of 330 million, 894,819 people, or one in 378, have tested positive since Saturday. The virus has killed more than 1,000 Americans a day in the past week. Wyoming reported 17 new deaths on Saturday Oklahoma, 23 Montana, 36 and South Dakota, 53 - all single-day records. New Jersey, West Virginia, Maryland, Minnesota, Indiana, Utah, Montana, Alaska and North Dakota all set single-day records for new cases the same day. A total of 39 American states this month reported record daily jumps in new cases, 17 saw record deaths and 25 registered a record number of Covid-19 patients in hospitals. In a stark reversal, North Dakota became the 35th US state to require face coverings to be worn in public, after Governor Doug Burgum announced several measures on Friday, including a limit on indoor dining and a suspension of high school winter sports and extracurricular activities until Dec 14. " Our situation has changed, and we must change with it," Mr Burgum said. The state has critically understaffed hospitals and the highest rates of new cases and deaths per person in the nation. In the spring, North Dakota was one of a handful of states that never entered a lockdown, and Mr Burgum had for weeks resisted any new orders, emphasising personal responsibility instead of requirements such as a mask mandate. But the state' s situation has rapidly deteriorated: Over the past week, it has averaged 1,334 cases per day, an increase of 54 per cent from the average two weeks earlier, and deaths are climbing fast. Hospitals are so overwhelmed that Mr Burgum last week angered the state nurses' union by saying that medical workers who test positive could stay on the job to treat Covid-19 patients as long as the workers show no symptoms. In New Mexico on Friday, Governor Michelle Lujan Grisham announced the nation' s most sweeping statewide measure of the autumn season, issuing a two-week " stay at home" order that begins today. Governor Kate Brown of Oregon also issued orders on Friday to place the state in a partial lockdown for two weeks, shuttering gyms, halting restaurant dining and mandating that social gatherings have no more than six people. With Thanksgiving and other holidays on the horizon, Ms Brown, along with the governors of California and Washington, urged residents to avoid venturing out of state. Gathering with family and friends, they warned, can transmit the virus through what New York' s Governor Cuomo has called the " living room spread" . Dr Anthony Fauci, the nation' s top infectious disease expert, on Friday repeated his pleas to Americans to take the virus seriously. " If we do the things that are simple public health measures, that soaring will level and start to come down," he said. " You add that to the help of a vaccine, we can turn this around. It is not futile." Since the pandemic began, the virus has infected more than 10.9 million people in the US, killing over 245,000 of them. The widely cited model of the University of Washington' s Institute for Health Metrics and Evaluation projects almost 195,000 more fatalities by March 1 next year. The biggest monthly spike of the pandemic will come in January, when more than 65,000 people are projected to die, the institute said. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
WBdisciple
Elite |
16-Nov-2020 07:43
|
||||
|
x 0
x 0 Alert Admin |
As Covid-19 cases spike, Europe tightens curbs European nations are tightening restrictions as their second wave of coronavirus infections intensifies. Greece will close kindergartens and primary schools, and Germans have been told to brace themselves for four to five more months of severe social distancing measures. In the United States, Covid-19 figures are shattering record after record. In South Korea, the daily caseload topped 200 for a second straight day yesterday. |
||||
| Useful To Me Not Useful To Me | |||||
|
limjoeseph
Supreme |
15-Nov-2020 22:57
|
||||
|
x 0
x 0 Alert Admin |
Hi Stanley, the air is cleared. Respectfully, Joeseph | ||||
| Useful To Me Not Useful To Me | |||||
|
kennyzeng21
Member |
15-Nov-2020 22:56
|
||||
|
x 0
x 0 Alert Admin |
Stanley Vaccine is not Elixir. Vacinne do not last for life. But with Vacinne it gives people the confidence to move around. Like how we deal with FLU now! Flu is not eliminated but our economy is not crippled. One thing about COVID is it spreads asymptomatically. So practising hygiene is more important. Gloves n PPE n Masks will still be in demand in certain sectors and Economic recovery will boost rubber consumptions. Very easy formula what. The drastic ups and downs i think is unwarrented la. Logic will prevail in my opinion. Mind u their rubber biz still have lots to grow. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
stanleytay
Master |
15-Nov-2020 22:44
|
||||
|
x 0
x 1 Alert Admin |
I think you shldnt be too disturbed with my words..Blame game need not be on forum, it can be mgt, shortists or even analysts. With all due respect, you seem to have a very sound understanding on STA and how its business is done, but do focus on the share price more. At the end of the day, that is what it counts. We are here to make money and that is what it counts on a daily basis.
|
||||
| Useful To Me Not Useful To Me | |||||
|
alvinlsm
Veteran |
15-Nov-2020 22:12
|
||||
|
x 0
x 0 Alert Admin |
Yup there are signs that it will drop but I am still holding it as I intend to invest it For long term . Drop also no choice . Anyway , they have pickup before from 1.07 z
|
||||
| Useful To Me Not Useful To Me | |||||
|
limjoeseph
Supreme |
15-Nov-2020 21:58
|
||||
|
x 0
x 0 Alert Admin |
"But if it drops, dont start playing the blame game, you all cant say the signs are not there". Hi Stanley, surely I am surprised at such comments made. I, for one will never blame anyone for my loss of my STA investment even if it falls out of bed technically from next week onwards!!! Anyway you are always welcome to pen in this free forum which is open to all. Respectfully , Joeseph | ||||
| Useful To Me Not Useful To Me | |||||
|
a79991
Veteran |
15-Nov-2020 21:00
|
||||
|
x 0
x 0 Alert Admin |
好 花 不 常 开 ， 好 景 不 常 在 ！
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
yoyo123
Member |
15-Nov-2020 20:58
|
||||
|
x 0
x 0 Alert Admin |
Covid-19: As lab execs sell shares worth millions, questions arisehttps://sg.news.yahoo.com/covid-19-lab-execs-sell-044519794.html" The question is, what did the executives know at the time that they pre-scheduled the trade?" he asked. good read. |
||||
| Useful To Me Not Useful To Me | |||||
|
Dannkh
Master |
15-Nov-2020 20:43
|
||||
|
x 0
x 0 Alert Admin |
Oh, I see. U based on TA. Thks. Peace.
|
||||
| Useful To Me Not Useful To Me | |||||
|
stanleytay
Master |
15-Nov-2020 20:19
|
||||
|
x 0
x 0 Alert Admin |
Hi Joseph, since you are so confident of STA, then just let the price prove itself tomorrow. No need to be surprised by my comments, Im just pointing out the weakness that i see in STA price technically. Surely Im entited to share my view.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Sgvale
Supreme |
15-Nov-2020 20:19
|
||||
|
x 0
x 0 Alert Admin |
SGX STA Plunged from $1.50+ to $1.18 in 2 days. SET STA plunged 16%+ in a day. Gap up tomorrow & huat ! | ||||
| Useful To Me Not Useful To Me | |||||
|
stanleytay
Master |
15-Nov-2020 20:16
|
||||
|
x 0
x 0 Alert Admin |
What suspense am i keeping? You have seen price dropped from 1.5 in three days. Technically its has already been weaken. I have already said this will drop more once 1.19 is breached. But those bullish and vested keep insisting this is cheap. You are free to buy tomorrow if you want, but please dont act like Im obligated to explain my stand if you dont understand technicals. I like to reiterate those who are bullish, please continue to hold and buy more. Like Mr Joseph mentioned, its your own money.
|
||||
| Useful To Me Not Useful To Me | |||||
|
limjoeseph
Supreme |
15-Nov-2020 20:07
|
||||
|
x 0
x 0 Alert Admin |
Dear Bro Alvinism, STA still remains in SETs 100 but probably STGT will be enrolled into SETs 50 in due course which I think may be just around the corner after STGT gets enrolled into MSCI Index this month end. | ||||
| Useful To Me Not Useful To Me | |||||
|
Dannkh
Master |
15-Nov-2020 20:03
|
||||
|
x 0
x 0 Alert Admin |
U keep many in suspense when u said that signs are there that Sta price will weaken further. When ask why, u do not want to say. It is better to state yr opinion with facts or reasons so that everyone benefit and minimise misunderstanding. It is ok if u do not want to share and I will stop this discourse. Good luck.
|
||||
| Useful To Me Not Useful To Me | |||||
|
limjoeseph
Supreme |
15-Nov-2020 20:02
|
||||
|
x 0
x 0 Alert Admin |
Hi Stanley I am not agitated or defensive but very surprised with your following comments: "But if it drops, dont start playing the blame game, you all can't say the signs are not there". I am driving the point we are all decent fellas who will not blame others for our wrong judgemental call to our STA medium to long term investments even if STA falls off the bed as we have all done our due diligence to suit our own risk appetite. Respectfully, Joeseph | ||||
| Useful To Me Not Useful To Me | |||||