Latest Forum Topics /
Sri Trang Agro
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KOH Eco - Time to BIG Push Up !?
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alanllt
Senior |
30-Jul-2020 09:49
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1.29 ?  | ||||
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satruz
Master |
30-Jul-2020 09:47
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today pongchek | ||||
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Wong80
Veteran |
30-Jul-2020 09:20
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Yesterday i talk to a frontline healthcare staff who do swab test.... Understand how much medical grade PPE ,mask and Gloves they using.  PPE and Mask 1 day change 2 times, and usage of gloves is every pax tested throw 1 pair in SG.  everyday ard 30k people testing.  This staff suspect all people in SG will be test soon as facilities has expanded recently. | ||||
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Longtermer
Elite |
30-Jul-2020 09:12
Yells: "A disciplined investor is a wealthy investor" |
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STA Thai shares has moved up from about 13baht to 32.7baht in early July. It has since retraced back to about 24bah but has bounced bk in recent days. Last 2 days, the price moves up at high vol and i believe it has reversed and now position to spike further with coming Q2 results. STA Q2 results will be a record as April to June is the BIG orders qtr and their glove rev and profits numbers will all be taken in. Dyodd. Cheers.  
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karthik1981
Member |
30-Jul-2020 09:01
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Considering the stock is already undervalued, this is very likely to rally now.  | ||||
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7ocean
Master |
30-Jul-2020 08:42
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Wow.... USA, Australia and New Zealand Banned Top Glove selling their products... Its that good news for STA | ||||
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crystalbee
Veteran |
30-Jul-2020 00:10
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Of course I know STA still has Profits from glove biz. Just that you mentioned in the afternoon that STA price in TH stock exchange is " not moving at all" . But really I think TH investors  valuation of STA and STGT  is too  big difference.  Valuation gap should be narrower.
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look@bright
Elite |
29-Jul-2020 20:27
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Yes STGT accounts will be console to STA accounts as STGT is a subsidary of STA. STA owns 51% of STGT.
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jnplee
Member |
29-Jul-2020 19:46
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https://www.sritranggroup.com/en/business/finished-products/examination-gloves
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den2328
Senior |
29-Jul-2020 18:50
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Extracted from STA' s 2019 annual report " Revenue from gloves was Baht 12,194.8 million, up 3.5% from 2018. Thanks to our successful marketing strategy to broaden customer base, sales volume grew 17.5%, higher than the global growth in demand. But the average selling price dropped 12.0% alongside prices of latex and synthetic rubber, the primary raw materials. The lower average selling price was also caused by the appreciation of Thai Baht against US Dollar, especially when compared with Malaysian Ringgit, the currency of our major competitors. Revenue from other products and services came in at Baht 48.0 million."   My take for 2020 -  THB depreciated against USD. So this should be favourable to the 2020 earnings reported in THB. - Oil price is lower, so lowering the price for synthetic rubber which is a raw material  - Rubber price is lower than 2019 but coming off low since April - STA owns the plantation so have impact on earnings but glove margin would be higher   |
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hantanbl
Senior |
29-Jul-2020 18:37
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STA owns 50+% of STGT so confirmed will have profit too. If you look carefully, STA price now follows closely the trend of STGT price
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crystalbee
Veteran |
29-Jul-2020 17:36
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My guess only...maybe TH investors  not so sure if STA still has Profits from glove biz. 
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3dw1nchu4
Veteran |
29-Jul-2020 17:14
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I suppose if you bought in around 1.6 this stock is shit, and you' d feel the same way if you bought medtecs at 0.96. I got on to STA today at 1.36, because I think there' s some room for growth. This stock has been largely ignored this past few weeks, and could benefit from other companies releasing their results. The price dropped below 1.2 this past few weeks likely due to unrest in Thailand, which should have very little bearing on their earnings IMO. I regret not buying into STA earlier, but no more money, so bobian. I' m also vested in RS @ 3.05 and UG @ 1.88, so we' ll see.
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Greenpig
Senior |
29-Jul-2020 17:12
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Master yuan .. do u have any new chart. Thanks | ||||
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TuaHuatAh
Member |
29-Jul-2020 17:07
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Just curious.
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TuaHuatAh
Member |
29-Jul-2020 17:06
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How come you buy in the first place? Are you trying to say that you have not done your due diligence?
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Lailai888
Member |
29-Jul-2020 17:05
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Lol, nice CSI skills.  No wonder he sour grape. 
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Sritrang
Member |
29-Jul-2020 17:04
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everyone keep cheering up no meaning la , stock still turtle move compared to other gloves. need someone to give a different perspective or give a wake up call to re think... especailly those who are still losing and hoping to recover as soon// trust our spore or even neigbor msia companies ..deifntely no thai no thai..why list in sg in the first place.. listed in thai cant move what to expect in sg...lol
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hantanbl
Senior |
29-Jul-2020 16:56
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He cut loss at 27July around $1.2 price range. DOn' t expect anything good from his post
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ghetto
Master |
29-Jul-2020 16:54
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Having your name as Sritrang...hmm...how come so negative.
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