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alvinlsm Veteran	08-Aug-2020 03:12        alvinlsm About Contact  Quote this Post!
x 0   x 0  Alert Admin	I share the same thought . Endorphine      ( Date: 07-Aug-2020 23:23) Posted: This counter is truly torturing.. Everyday seeing other gloves counter rise like nobody business but this counter move like tortoise and always give people heart attack. Really agree with the hokkien 'jing kek sim'. Next week if it does hit high i will throw all.. Dont want to waste time in this counter anymore. 🤦 ‍ ♂ ️
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Endorphine Member	07-Aug-2020 23:23        Endorphine About Contact  Quote this Post!
x 0   x 0  Alert Admin	This counter is truly torturing.. Everyday seeing other gloves counter rise like nobody business but this counter move like tortoise and always give people heart attack. Really agree with the hokkien 'jing kek sim'. Next week if it does hit high i will throw all.. Dont want to waste time in this counter anymore. 🤦 ‍ ♂ ️
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PQTPQK Supreme	07-Aug-2020 23:07        PQTPQK About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hope next week can rebound strongly look@bright      ( Date: 07-Aug-2020 21:35) Posted: This is what happened to UG before they annouce result release date on 11 August. After that the share price north all the way. If sell u then have to buy back higher next week, that is what i feel. hantanbl      ( Date: 07-Aug-2020 21:14) Posted: STA difficult to play. My advice, if got profit, sell.  If afriad sell already price go higher, then sell half of your holding. This counter go up quickly but will always come down again. If can ride the wave will earn eventually but very tiring. I will sell all in the next high (if it comes evetually) and either exit this counter totally or wait for correction. IN Hokkien, this counter is what i call ' jing kek sim'
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look@bright Elite	07-Aug-2020 21:35        look@bright About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is what happened to UG before they annouce result release date on 11 August. After that the share price north all the way. If sell u then have to buy back higher next week, that is what i feel. hantanbl      ( Date: 07-Aug-2020 21:14) Posted: STA difficult to play. My advice, if got profit, sell.  If afriad sell already price go higher, then sell half of your holding. This counter go up quickly but will always come down again. If can ride the wave will earn eventually but very tiring. I will sell all in the next high (if it comes evetually) and either exit this counter totally or wait for correction. IN Hokkien, this counter is what i call ' jing kek sim' PQTPQK      ( Date: 07-Aug-2020 21:01) Posted: really cant understand , thai side up so much , here opposite....down.
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hantanbl Senior	07-Aug-2020 21:14        hantanbl About Contact  Quote this Post!
x 0   x 0  Alert Admin	STA difficult to play. My advice, if got profit, sell.  If afriad sell already price go higher, then sell half of your holding. This counter go up quickly but will always come down again. If can ride the wave will earn eventually but very tiring. I will sell all in the next high (if it comes evetually) and either exit this counter totally or wait for correction. IN Hokkien, this counter is what i call ' jing kek sim' PQTPQK      ( Date: 07-Aug-2020 21:01) Posted: really cant understand , thai side up so much , here opposite....down.. hantanbl      ( Date: 07-Aug-2020 19:16) Posted: Bro, thanks for posting this. I read somewhere there was also an increase in gloves price in Q2 by STA due to the high demand. I can' t remember by how much though Also need to take into consideration Q2 of STGT will all go under STA STA is definitely worth more than current price. I dont dare to dream $3 or $4 but $2 is anytime
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PQTPQK Supreme	07-Aug-2020 21:01        PQTPQK About Contact  Quote this Post!
x 0   x 0  Alert Admin	really cant understand , thai side up so much , here opposite....down.. hantanbl      ( Date: 07-Aug-2020 19:16) Posted: Bro, thanks for posting this. I read somewhere there was also an increase in gloves price in Q2 by STA due to the high demand. I can' t remember by how much though Also need to take into consideration Q2 of STGT will all go under STA STA is definitely worth more than current price. I dont dare to dream $3 or $4 but $2 is anytime! JackpotBookie      ( Date: 07-Aug-2020 15:43) Posted: Hi guys let me give you some actual facts that can be found on the reports. https://links.sgx.com/FileOpen/STA_Analsyt%20Presentation_1Q20.ashx?App=Announcement& FileID=611466   For easy reference, i converted all to SGD dollars for comparison. Page 8 Gloves revenue in THB million for 2019: 3044 + 2885 + 3072 + 3193 = 12194 THB million = $536.13 Million in SGD page 13 It says only 19.9 billion pieces of gloves sold in 2019 Factory can produce 27 billion gloves 27 - 19.9 = 7.1 billion gloves (Potential to sell due to glove shortages) 7.1 / 19.9 x 536.13 million = $191.28 million potential revenue (We take it that we do not include any ASP yet) $191.28 million / 4 quarter = $47.82 million potential revenue per quarter 1Q 2020 sold 6.3 billion gloves -> revenue is 3837 THB million = $168.83 million (SGD dollars)  1Q 2019  revenue is 3044 THB million = 133.89 million (SGD dollars) In this instances, we saw that that' s a revenue increment of S$34.94 million (SGD Dollars) for 1Q 2020  as comparison. Recent report came out: Harta  quarter result = Ringgit $219.7 million  = $71.84 million nett profit (SGD) Harta can produce 36 billion to 43.7 billion gloves in 2020. Sri Trang can produce 27 billion. Now i take the highest production capability of Harta gloves as 43.7 billion gloves. If i take 27 billion / 43.7 billion , Sri Trang profit should be = 61% of Harta 61% x 71.84 million nett profit = S$43.82 million I apply 80/20 rule for a further 20% discount to reduce the profit  ofSri Trang business  = S$35 million net profit minimum for Sri Trang gloves. Now we talk about rubber prices (Since it' s their core business) Prices of rubber in April was the lowest at 1.33 USD dollar per kg May was 1.35 USD dollar per kg June was 1.4 USD dollar per kg https://www.indexmundi.com/commodities/?commodity=rubber& months=120 So now do you think Sri Trang is overvalue or undervalue?
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hantanbl Senior	07-Aug-2020 19:16        hantanbl About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro, thanks for posting this. I read somewhere there was also an increase in gloves price in Q2 by STA due to the high demand. I can' t remember by how much though Also need to take into consideration Q2 of STGT will all go under STA STA is definitely worth more than current price. I dont dare to dream $3 or $4 but $2 is anytime! JackpotBookie      ( Date: 07-Aug-2020 15:43) Posted: Hi guys let me give you some actual facts that can be found on the reports. https://links.sgx.com/FileOpen/STA_Analsyt%20Presentation_1Q20.ashx?App=Announcement& FileID=611466   For easy reference, i converted all to SGD dollars for comparison. Page 8 Gloves revenue in THB million for 2019: 3044 + 2885 + 3072 + 3193 = 12194 THB million = $536.13 Million in SGD page 13 It says only 19.9 billion pieces of gloves sold in 2019 Factory can produce 27 billion gloves 27 - 19.9 = 7.1 billion gloves (Potential to sell due to glove shortages) 7.1 / 19.9 x 536.13 million = $191.28 million potential revenue (We take it that we do not include any ASP yet) $191.28 million / 4 quarter = $47.82 million potential revenue per quarter 1Q 2020 sold 6.3 billion gloves -> revenue is 3837 THB million = $168.83 million (SGD dollars)  1Q 2019  revenue is 3044 THB million = 133.89 million (SGD dollars) In this instances, we saw that that' s a revenue increment of S$34.94 million (SGD Dollars) for 1Q 2020  as comparison. Recent report came out: Harta  quarter result = Ringgit $219.7 million  = $71.84 million nett profit (SGD) Harta can produce 36 billion to 43.7 billion gloves in 2020. Sri Trang can produce 27 billion. Now i take the highest production capability of Harta gloves as 43.7 billion gloves. If i take 27 billion / 43.7 billion , Sri Trang profit should be = 61% of Harta 61% x 71.84 million nett profit = S$43.82 million I apply 80/20 rule for a further 20% discount to reduce the profit  ofSri Trang business  = S$35 million net profit minimum for Sri Trang gloves. Now we talk about rubber prices (Since it' s their core business) Prices of rubber in April was the lowest at 1.33 USD dollar per kg May was 1.35 USD dollar per kg June was 1.4 USD dollar per kg https://www.indexmundi.com/commodities/?commodity=rubber& months=120 So now do you think Sri Trang is overvalue or undervalue?
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3dw1nchu4 Veteran	07-Aug-2020 18:37        3dw1nchu4 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Everyone has their own agenda. Long term holders no need to fear!    In the end, buying good companies will produce good results. crystalbee      ( Date: 07-Aug-2020 17:37) Posted: Wanna buy? Thought you said " overvalued" and that UOB Kay HIan' s Target Price $1.84 not always correct......wait that UOBKH  analyst look for you.    tritonyeah666      ( Date: 07-Aug-2020 17:26) Posted: enjoy the wkend, to be clear i may also turn long next week. lets see how the trend goes.
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crystalbee Veteran	07-Aug-2020 18:06        crystalbee About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks for good effort with details.  While  Revenue is important, it is Net Profit that matter more. Not wanting to debate  on how much Net Profits but just sharing estimation for  Q2,  my  rough  estimation is at least S$45mill for glove biz alone.  So Riverstone' s NP is S$30mill for 2.75bn for Q2. Then being on the cautious side,  I apply 50% discount  for STA' s NP for 8.25bn gloves for Q2 so S$90mill x 50% = S$45mill  (to note this is glove biz only).           JackpotBookie      ( Date: 07-Aug-2020 15:43) Posted: Hi guys let me give you some actual facts that can be found on the reports. https://links.sgx.com/FileOpen/STA_Analsyt%20Presentation_1Q20.ashx?App=Announcement& FileID=611466   For easy reference, i converted all to SGD dollars for comparison. Page 8 Gloves revenue in THB million for 2019: 3044 + 2885 + 3072 + 3193 = 12194 THB million = $536.13 Million in SGD page 13 It says only 19.9 billion pieces of gloves sold in 2019 Factory can produce 27 billion gloves 27 - 19.9 = 7.1 billion gloves (Potential to sell due to glove shortages) 7.1 / 19.9 x 536.13 million = $191.28 million potential revenue (We take it that we do not include any ASP yet) $191.28 million / 4 quarter = $47.82 million potential revenue per quarter 1Q 2020 sold 6.3 billion gloves -> revenue is 3837 THB million = $168.83 million (SGD dollars)  1Q 2019  revenue is 3044 THB million = 133.89 million (SGD dollars) In this instances, we saw that that' s a revenue increment of S$34.94 million (SGD Dollars) for 1Q 2020  as comparison. Recent report came out: Harta  quarter result = Ringgit $219.7 million  = $71.84 million nett profit (SGD) Harta can produce 36 billion to 43.7 billion gloves in 2020. Sri Trang can produce 27 billion. Now i take the highest production capability of Harta gloves as 43.7 billion gloves. If i take 27 billion / 43.7 billion , Sri Trang profit should be = 61% of Harta 61% x 71.84 million nett profit = S$43.82 million I apply 80/20 rule for a further 20% discount to reduce the profit  ofSri Trang business  = S$35 million net profit minimum for Sri Trang gloves. Now we talk about rubber prices (Since it' s their core business) Prices of rubber in April was the lowest at 1.33 USD dollar per kg May was 1.35 USD dollar per kg June was 1.4 USD dollar per kg https://www.indexmundi.com/commodities/?commodity=rubber& months=120 So now do you think Sri Trang is overvalue or undervalue?
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crystalbee Veteran	07-Aug-2020 17:37        crystalbee About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wanna buy? Thought you said " overvalued" and that UOB Kay HIan' s Target Price $1.84 not always correct......wait that UOBKH  analyst look for you.    tritonyeah666      ( Date: 07-Aug-2020 17:26) Posted: enjoy the wkend, to be clear i may also turn long next week. lets see how the trend goes.
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Superfast Supreme	07-Aug-2020 17:36        Superfast About Contact  Quote this Post!
x 0   x 0  Alert Admin	Huat limjoeseph      ( Date: 07-Aug-2020 16:59) Posted: Next week, all you loyal supporters of STA and STGT, please put on your seat belts and enjoy the ride. No, Sing mkt on monday, STA/STGT will surprise everyone. Just relax and enjoy and your weekend.
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tritonyeah666 Elite	07-Aug-2020 17:26        tritonyeah666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	enjoy the wkend, to be clear i may also turn long next week. lets see how the trend goes.
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limjoeseph Supreme	07-Aug-2020 16:59        limjoeseph About Contact  Quote this Post!
x 0   x 0  Alert Admin	Next week, all you loyal supporters of STA and STGT, please put on your seat belts and enjoy the ride. No, Sing mkt on monday, STA/STGT will surprise everyone. Just relax and enjoy and your weekend.
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Sgvale Supreme	07-Aug-2020 16:55        Sgvale About Contact  Quote this Post!
x 1   x 0  Alert Admin	Incredible! Longtermer      ( Date: 07-Aug-2020 16:54) Posted: Thai dude moving.. STA up 4% STGT up 4.12% Patience...
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Longtermer Elite	07-Aug-2020 16:54        Longtermer About Contact  Quote this Post! Style: Flexible   Yells: "A disciplined investor is a wealthy investor"
x 0   x 0  Alert Admin	Thai dude moving.. STA up 4% STGT up 4.12% Patience...
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PQTPQK Supreme	07-Aug-2020 16:53        PQTPQK About Contact  Quote this Post!
x 0   x 0  Alert Admin	very near to sing price Andynkl      ( Date: 07-Aug-2020 16:52) Posted: $28.75B
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Andynkl Senior	07-Aug-2020 16:52        Andynkl About Contact  Quote this Post!
x 0   x 0  Alert Admin	$28.75B
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Andynkl Senior	07-Aug-2020 16:50        Andynkl About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thai already $28.5B.. Wake up SG SRA ghetto      ( Date: 07-Aug-2020 16:46) Posted: That is why i always buy tickets and watch, then go home. Then repeat again... albeniz      ( Date: 07-Aug-2020 16:32) Posted: Don' t worry, can always go for repeat telecast.    After it goes up, it will come down again
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ghetto Master	07-Aug-2020 16:46        ghetto About Contact  Quote this Post! Style: Combined
x 0   x 0  Alert Admin	That is why i always buy tickets and watch, then go home. Then repeat again... albeniz      ( Date: 07-Aug-2020 16:32) Posted: Don' t worry, can always go for repeat telecast.    After it goes up, it will come down again. ghetto      ( Date: 07-Aug-2020 16:29) Posted: Tickets at current levels are selling fast for Sri dance next week...Whilst stocks last!
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PQTPQK Supreme	07-Aug-2020 16:40        PQTPQK About Contact  Quote this Post!
x 0   x 0  Alert Admin	wow... furnaces      ( Date: 07-Aug-2020 16:37) Posted: STGT chionging to 88.75, STA 28.75.
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