| 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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Lailai888
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28-Jul-2020 17:19
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This is my take on STA - Thai side. I think unlike ppl like us in Singapore, the thais are probably very familiar with a household brand like Sri Trang. Its current trading price is THB 24.6 and this year it recorded its 52w high at THB 32.75. Back in 2017, it also peaked at a high of THB 28.75 but ever since than STA Thai experienced a gradual decline only to spike back up again this year. I think there are some form of psyhcological barrier in place with the retailers in Thai. Some of them probably got burnt back in 2017 and are apprehensive to buy into this stock at this price. Its the same as us feeling scared to go into some counters which are range bound (i.e. YZJ at a price of $1.2 and above). But the difference this time around is the P& L and the continued demand for gloves. The Q2 results really is an important event, I think that would eventually swing the Thais' confidence back into this counter. |
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7ocean
Master |
28-Jul-2020 17:16
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BIG mouth
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hotelgrand
Master |
28-Jul-2020 17:07
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STA normally trades at a premium to Thai counterpart..fyi
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1c2e3s
Veteran |
28-Jul-2020 17:00
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normally when bangkok stock xchange is on, this sri sg go down. today thailand holiday, bangkok stock is not operating. unsure if this is link
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1c2e3s
Veteran |
28-Jul-2020 16:58
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it the max n they are still under investigation
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ghetto
Master |
28-Jul-2020 16:57
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Last call for the performance tp start! | ||||
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ghetto
Master |
28-Jul-2020 16:56
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Yep, added more to my stable. Those who like Thai Sri dance, join in.
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ghetto
Master |
28-Jul-2020 16:54
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Believe Sri will dance up up up while pending results out in Aug. | ||||
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Sgvale
Supreme |
28-Jul-2020 16:53
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Gate closing....to...to...to. ......to.
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ghetto
Master |
28-Jul-2020 16:50
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Load load load. | ||||
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small_cap
Member |
28-Jul-2020 16:49
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Good good load up more along the way up
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Sgvale
Supreme |
28-Jul-2020 16:48
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Last minute sprint ! | ||||
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Newkid93
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28-Jul-2020 16:47
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Top Glove barely moves leh.. cause Ah Gong level too high ad
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Greenpig
Senior |
28-Jul-2020 16:44
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Yes.. dnt know what push up all the glove today
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1c2e3s
Veteran |
28-Jul-2020 16:43
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1. top glove 2. riverstone 3. sri trang it well documentated. sri trang is really really undervalue.
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Newkid93
Member |
28-Jul-2020 16:43
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Can close 1.30 upside continue if Thai side gap up STA will test 1.60 | ||||
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Lailai888
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28-Jul-2020 16:41
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Today' s push seems genuine, there might be things developing in Thailand side which we don' t know? Any bros managed to get any news? If not lets wait for the real show tomorrow, 11am. Today is just a short teaser. |
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albeniz
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28-Jul-2020 16:33
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No 2 dollar no sell.
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1c2e3s
Veteran |
28-Jul-2020 16:30
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the best has yet to come bcz the owner hasnt buy back the which he sold off earlier this month.
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niccccccs
Member |
28-Jul-2020 16:13
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https://www.livetradingnews.com/sri-trang-agro-industry-sta-bk-buy-on-dips-191440.html | ||||
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