| 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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PQTPQK
Supreme |
07-Aug-2020 13:36
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funny thai side no drop... but up..
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crystalbee
Veteran |
07-Aug-2020 13:35
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Outwit by shortists past 2 days.  Yes just watch the match. No  fret. Hold for medium to long term. | ||||
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3dw1nchu4
Veteran |
07-Aug-2020 13:35
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No one has a clue atm. Anyway STA dropped 8% today, while Thaibev dropped 3%. If you' re right, we should see STA going up lol
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7ocean
Master |
07-Aug-2020 13:33
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Look at ThaiBev you know the story
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stlimst
Master |
07-Aug-2020 13:31
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I don't think there is alot of people pushing down the price to collect.
More likely traders on contra expecting the price to move up quickly but since it didn't happen, some are caught and have to liquidate on contra.
This one cannot expect large movement. May only happen when results out.
Don't get caught.
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PQTPQK
Supreme |
07-Aug-2020 13:30
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wonder why selling so heavy today ??
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Sgvale
Supreme |
07-Aug-2020 13:29
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As if buy Q quickly withdraws or luring more buyers in with easing sell Q. | ||||
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Sgvale
Supreme |
07-Aug-2020 13:27
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Every time sell volume like easing up the price ironically went further south.. amazing. sideline & watch.
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ghetto
Master |
07-Aug-2020 13:23
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Ppl are trying to push down to get it cheap cos next week results coming out...Dyodd | ||||
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7ocean
Master |
07-Aug-2020 13:23
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After 3.30pm more n more selling presure
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crystalbee
Veteran |
07-Aug-2020 13:22
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Ayo....strike panic again. That one long long time news liao.  Rubber trade is recovering.  Like that.....I also can anyhow say rubber demand will be boosted by  rubber stoppers for vaccine  bottles. Then STA can earn from gloves biz and then rubber stopper for vaccine bottles...double  fortune....maybe...LOL  | ||||
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Battle123
Elite |
07-Aug-2020 13:21
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ya currently seem support at 129 i bought at high price leh   |
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tritonyeah666
Elite |
07-Aug-2020 13:15
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I will also like to add that the tyre industry (like Stamford Tyres for instance) are suffering from the covid situation.  https://www.sgsme.sg/news/gloves-demand-masks-rubber-industry-woes |
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Newkid93
Member |
07-Aug-2020 13:11
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Dont worry the retracement is expected.  Go back to the chart take a look before the push at around 0.6 on May 2020 Wave 1  0.6 - 1.5  Wave 2 1.5 - 1.09 Wave 3 1.09 - 1.41 Wave 4 1.41 - 1.25 Wave 5 1.25 - 1.75 Its the same pattern. Price will drop closer to 1.25 then fly to 2$  
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3dw1nchu4
Veteran |
07-Aug-2020 13:08
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crystalbee
Veteran |
07-Aug-2020 13:03
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STA is not overvalued lah.  Shortists just pick on STA because other  3  glove  counters  not  available.....now I understand.  Shortists  have their way of doing things  which require know-how like hackers.  Then  somehow  they managed to carry out their plan  by somehow  finding co-operation.  They are causing panic selling.  Concern but not worry.......I am vested for medium  to long term and don' t put  everything in one basket.       | ||||
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tritonyeah666
Elite |
07-Aug-2020 13:02
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yep agree with linguist. its purely short term I' m shorting just this and next week. | ||||
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Gargoth
Member |
07-Aug-2020 12:57
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In the report, it will state the average price shorted. If this shortist likes to short at closing time, the best Time for buyers to buy is at closing time. Dun buy during day time. He likes to sell at closing time to push down the price.
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linguist
Veteran |
07-Aug-2020 12:38
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just curious why STA is not moving together with the other gloves companies. if small or medium player like UG/Medtech can rise to $3/$1, then STA should move even higher, comparable to near Riverstone level... but oh well.. since malaysia side as per triton mentioned ban short selling, perhaps those that wanted to short sell all came to SG and picked this instead. since the main difference between STA and others is this is from Thailand, while the rest are from Malaysia... :/ Hopefully price will bounce back up soon to previous high at $1.75 or more to set the records right. 
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Superfast
Supreme |
07-Aug-2020 12:35
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Absolutely
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