Latest Forum Topics /
Sri Trang Agro
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Thai Sri Trang sets IPO price at S$1.20
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HungerStrike
Member |
09-Aug-2020 15:51
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Medtech also insider selling at 0.20+.... now its $1 | ||
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alvinlsm
Veteran |
09-Aug-2020 15:48
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i thought their annual report announcement date is 14th August evening ?
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focusy
Senior |
09-Aug-2020 15:43
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Joseph, thanks for yr reply, and I also share the view that insiders may sell (prematurely) to lock in profits and their selling is not necessarily indicative of negative outlook. Do you know of any Thai (or SG) analyst report on Sri Trang? I have read the one by UOBKH dated 17 July 2020. But don' t know of any other report.  |
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limjoeseph
Supreme |
09-Aug-2020 15:28
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Correction: "or my info will reign supreme" | ||
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limjoeseph
Supreme |
09-Aug-2020 15:25
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Thank you Focusy, Sometimes insiders do selling to take some profits after having bot at much lower price. As and when they like it, these insiders may go long on better improved quarterly results. But from my priveleged info holders, they are extremely long in STA Thai. These particular group of STA shareholders with their connections are looking at an upward bias mkt from monday onwards until results release on 14 August. Let's monitor whether the algos or their info will reign supreme next week onwards!!! These people with vested interest are my business associates as I am an international rubber dealer by profession. | ||
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focusy
Senior |
09-Aug-2020 15:13
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Not sure why the URL doesn' t link directly to the Sri Trang Agro page. But u can navigate there and see announcement like there :  |
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focusy
Senior |
09-Aug-2020 15:10
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Hi Joseph:  https://www.sgx.com/securities/company-announcements?value=SRI%20TRANG%20AGRO-INDUSTRY%20PCL& type=company
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3dw1nchu4
Veteran |
09-Aug-2020 14:37
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What software are you using? Is it paid or free? Curious
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linguist
Veteran |
09-Aug-2020 14:17
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Hahaha. That's why many give up SG stock and went to trade US/UK stock.
And how SG stocks/STI became stagnant in comparison to others.
Stocks are supposed to be bought when anticipating or release of good news.
Yet traders can listen or watch some crap "software" and choose to short-sell instead.
Lol. Does trader knows how the "software" reach its conclusion? Or just blindly follows the recommendation. 1,130,000 volume of short selling is huge compared to how the days when price reached 1.75 and then drop to 1.09. There wasn't huge short-selling involved.
Are u sure no human is behind controlling it? If it's a "software", it is written by human. And if it is a standalone type, updates could be "pushed" down by humans too.
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limjoeseph
Supreme |
09-Aug-2020 14:10
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Dear Focusy, can u tell me the page whereby you have located the page on insider selling in May and June selling? Thks | ||
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wisecomment
Member |
09-Aug-2020 14:05
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From marketscreener: Sri Trang Agro will release its statemetns on 08/12 Wednesday. Last chance to load up on Tuesday..  | ||
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1c2e3s
Veteran |
09-Aug-2020 14:05
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can you share it with us the information?
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1c2e3s
Veteran |
09-Aug-2020 13:57
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thanks joseph really appreciate perhaps you can consider to use simple term to explain, it abit too jargon to understand
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focusy
Senior |
09-Aug-2020 13:53
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Thanks Kun Joseph for your frequent sharing of views. When I checked the announcements page, I found that a number of insiders have been selling Sri Trang Agro in May and June 2020. It' s a bit unnerving. What do you make of the selling? |
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limjoeseph
Supreme |
09-Aug-2020 12:21
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Why worry?? Depending on your risk appetite!! If you are a bull at current levels, you buy. If you are a bear at current levels, you sell. This will depend on the type of mkt partipants that you fall under to make your own judgemental call Do your own due diligence before taking a position!!! | ||
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Sgvale
Supreme |
09-Aug-2020 12:02
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Now really confuse to re-enter long or short? Maybe Tue, frozen. No movement | ||
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limjoeseph
Supreme |
09-Aug-2020 11:36
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From priveleged info ontained just as to many Thai investors have been waiting fir STGT to fall to below 80 baht before stepping into STGT to buy but never got a chance as CSLA issued a buy recommendation at 85 Baht 6 August morning which was executed with their TP at 120 Baht within a 12 minths period besides Finasia, the lead underwriter for STGT IPO with TP at 110 Baht. Higher STGT price from monday onwards breaking recent high of 89.75 Baht in the cards which will follow through buying on STA Thai as well. Put on seatbelt and enjoy the impending ride above 41.20 Baht for STA Thai before end September NB: Fellow STA Sing long holder bloggers, please do not over pay the STA Sing over STA Thai by using currenge exchange conversion at 0.04415 presently. A decent differentail is about 1.00 baht. | ||
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look@bright
Elite |
09-Aug-2020 11:34
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shorties will panic and auto push the price up on tuesday. Let' s see  | ||
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limjoeseph
Supreme |
09-Aug-2020 11:24
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Haha, lets see whether algo will be right or privelege info will be right from next week onwards!!! | ||
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tritonyeah666
Elite |
09-Aug-2020 11:20
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Sorry folks who are long, i just want to mention that the software is still pointing to a short on Tuesday. So i will follow through even though personally I want to go long with you guys. The machine is usually right and has been so. | ||
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