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Sri Trang Agro
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Thai Sri Trang sets IPO price at S$1.20
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tritonyeah666
Elite |
07-Aug-2020 12:02
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in trading, there are no emotions. its just psychology game and I' m just trying to beat the market thats all. | ||||
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Sgvale
Supreme |
07-Aug-2020 11:57
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Buying Sri Trang Agro is like buying a proxy in Sri Trang Gloves growth since it is not listed in SGX. https://www.bangkokpost.com/business/1580330/sri-trang-gloves-moving-forward-to-the-worlds-largest-top-3-gloves-manufacturer | ||||
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Gargoth
Member |
07-Aug-2020 11:55
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Triton you short and cause fear among investors in this forum and cause ppl to sell off. You will be cursed by many by your ill gotten gains. Good luck to you. | ||||
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tritonyeah666
Elite |
07-Aug-2020 11:52
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trying to break 1.29-1.3 first then see how if i shld cover. | ||||
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tritonyeah666
Elite |
07-Aug-2020 11:48
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i' m short covering at 3pm. | ||||
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dullcreator
Member |
07-Aug-2020 11:47
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recovering from here. tritondevil you may proceed if you have the cojones | ||||
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tritonyeah666
Elite |
07-Aug-2020 11:46
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sorry in fact bursa msia has extended the ban of short selling till year end. | ||||
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look@bright
Elite |
07-Aug-2020 11:45
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when ppl make a little money they like to talk big. this is how human is what to do
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tritonyeah666
Elite |
07-Aug-2020 11:45
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Bursa malaysia has banned short selling till late june. So its not possible or im uncomfortable to short those Bursa glove stocks. But Stri Trang Agro is overhyped and not sustainable in the short term. everyone is long which means if you short, the risk reward actually makes sense. Not very intuitive i know. you cant look at it from fundamentals or FOMO perspective. |
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linguist
Veteran |
07-Aug-2020 11:43
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well. if you refer to being " overvalued" thus the shorting, then shouldnt UG / Top Gloves / Riverstone be shorted? hmmm....
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tritonyeah666
Elite |
07-Aug-2020 11:41
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no next week im still shorting this. the trend is your friend. | ||||
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arcelfin27
Senior |
07-Aug-2020 11:41
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Dont tell me this counter can really go to 1.20 then back again. | ||||
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3dw1nchu4
Veteran |
07-Aug-2020 11:32
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STA owns 56% of STGT, based on current STGT price (find them in the older posts), fair value for STA based solely on STGT stake is about $1.8X. Note that this excludes STA' s rubber business. We' ll see.
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Gargoth
Member |
07-Aug-2020 11:32
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Cmon burn the shortists! | ||||
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linguist
Veteran |
07-Aug-2020 11:31
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lol. if these shortist were to buy the stock instead don' t know huat how many times liao.. price could have rise to $2 ~ $3, or even higher at $5 already, as this counter has both rubber (raw material) sales and also a 50% stake in gloves sales (3rd largest distribution)... unless they trying to.... you know what I mean...
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johnyap89
Veteran |
07-Aug-2020 11:29
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unlikely to drop below 1.2, likely close red today, next week rebound will start. |
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KR8877
Member |
07-Aug-2020 11:28
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For my understand Sri Trang at Thailand they have two training counter. 1st is Sri Trang Glove wish now price is 85.00 THB (S$3.74) the other is Sri Trang Agro industry price is only 27.50 THB (S $1.21) it mean Singapore SGX Sri Trang Agro Counter The price is already higher then Thailand ?? We are not follow the Sri Trang Glove price??? Anyone know that ?? If we r follow the Glove how can the price is alway at that level up and down????
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3dw1nchu4
Veteran |
07-Aug-2020 11:27
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A lot of shortists at work haha. Congrats to all shortists! | ||||
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alvinlsm
Veteran |
07-Aug-2020 11:25
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Sri cannot hold already ! OMG what' s happening . Thailand market up lol | ||||
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niccccccs
Member |
07-Aug-2020 11:24
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wa tot won' t break 1.3... | ||||
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