| Latest Forum Topics / Sri Trang Agro Last:0.72 -- |
 Post Reply
|
|
Sembmarine
|
|||||
|
ferarri79
Senior |
02-Jul-2020 13:34
|
||||
|
x 0
x 0 Alert Admin |
alot buyers whom bought short term in anticipation of the ipo, therefore start selling to lock profit. those contra also got frighten with the sharp drop and sold off quickly. once stablised, will continue its uptrend. DYODD |
||||
| Useful To Me Not Useful To Me | |||||
|
Gknight
Senior |
02-Jul-2020 13:34
|
||||
|
x 0
x 0 Alert Admin |
this stock is for long term... not contra.. buy and hold.. u will see something in 1-2 months time. | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
SQueeze
Master |
02-Jul-2020 13:31
|
||||
|
x 0
x 0 Alert Admin |
I don' t know. market sentiment behaviour cannot explain, let alone by me. Now looks like for Sri, buyer volume is slowly trickling back and sellers retreating. We should be fine for today. Possibly close in a slight green around 1.60. Good enough after a harrowing crash. Following chart, next stop around 1.70 at the end of W3.
|
||||
| Useful To Me Not Useful To Me | |||||
|
brandon_kok
Member |
02-Jul-2020 13:29
|
||||
|
x 0
x 0 Alert Admin |
but why Riverstone affected by Sri but UG and Medic not?
|
||||
| Useful To Me Not Useful To Me | |||||
|
SQueeze
Master |
02-Jul-2020 13:27
|
||||
|
x 0
x 0 Alert Admin |
People are spooked at what just happened before lunch. So those who can profit take profit take. Affecting Riverstone also. That also went up way beyond it should. Medtecs and UG stable but slow.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
wehuattogether88
Supreme |
02-Jul-2020 13:26
|
||||
|
x 0
x 0 Alert Admin |
Slowly rolling down, profit taking increasing?
|
||||
| Useful To Me Not Useful To Me | |||||
|
ming1220
Member |
02-Jul-2020 13:23
|
||||
|
x 0
x 0 Alert Admin |
this stock really rollercoaster when moving.... entered @ 1.37 last few week, then drop until 1.2x not moving for weeks... today missed 1.7x then drop back trigger cb.... |
||||
| Useful To Me Not Useful To Me | |||||
|
Nsvinn
Member |
02-Jul-2020 13:21
|
||||
|
x 0
x 0 Alert Admin |
The px supported at 1.48. If it ends above at the end of the day, w3 will continue.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
SQueeze
Master |
02-Jul-2020 13:21
|
||||
|
x 0
x 0 Alert Admin |
Thank you Mr Yuan, Price supported at 149 and now moving up slowly to 152. Finger crossed because buying volume is still very thin and spread out.
|
||||
| Useful To Me Not Useful To Me | |||||
|
stlimst
Master |
02-Jul-2020 13:19
|
||||
|
x 0
x 0 Alert Admin |
That' s the problenm with trading, especially trading beyond your means. sometimes you are forced to liquidate....like now because you cannot/dare not hold. Unless there' s something fishy about STA, the share price of this over at SET cannot be just Tb28 (about $1.28). Just doen' t make economic sense at all.
|
||||
| Useful To Me Not Useful To Me | |||||
|
furnaces
Veteran |
02-Jul-2020 13:18
|
||||
|
x 0
x 0 Alert Admin |
Yes value unlocked with the new IPO. Now waiting for it to reach fair value as compared to the Msia glove makers. Even with the 72% increase over IPO price, still very undervalued compared to Msia side. Thai side needs to buck up haha.
|
||||
| Useful To Me Not Useful To Me | |||||
|
deathztm
Senior |
02-Jul-2020 13:18
|
||||
|
x 0
x 0 Alert Admin |
i would feel today will close green or at least close to 1.57minimum | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
spec008
Veteran |
02-Jul-2020 13:14
|
||||
|
x 0
x 0 Alert Admin |
Back IN at 1.49👽 👽 👽 💪 💪 💪 | ||||
| Useful To Me Not Useful To Me | |||||
|
dimebag
Master |
02-Jul-2020 13:13
|
||||
|
x 0
x 0 Alert Admin |
Volume still relatively thin easy to manipulate i.e. BBs pressure price down for collection. Don' t let them force you to sell cheap! | ||||
| Useful To Me Not Useful To Me | |||||
|
Andynkl
Senior |
02-Jul-2020 13:13
|
||||
|
x 0
x 0 Alert Admin |
Agreed. STA has unlocked its value for the shareholders with the IPO.. Will definitely be worth more... Price will move up.
|
||||
| Useful To Me Not Useful To Me | |||||
|
wenyen
Master |
02-Jul-2020 13:11
|
||||
|
x 0
x 0 Alert Admin |
1.49 broke.. can we see double bottom 1.44? | ||||
| Useful To Me Not Useful To Me | |||||
|
furnaces
Veteran |
02-Jul-2020 13:10
|
||||
|
x 0
x 0 Alert Admin |
Thai mother shares pulling things down but wont be for long. With the 50.7% stake in Sri Trang Glove + IPO proceeds already higher than market cap of Sri Trang Agro, this makes no sense and eventually the price of STA will re-rate upwards. | ||||
| Useful To Me Not Useful To Me | |||||
|
Lucas4
Veteran |
02-Jul-2020 13:09
|
||||
|
x 0
x 0 Alert Admin |
buy some | ||||
| Useful To Me Not Useful To Me | |||||
|
SgYuan
Supreme |
02-Jul-2020 12:42
|
||||
|
x 0
x 0 Alert Admin |
Now depend on mini ew w2 support 149 cannot break - if supported then w3 come - if support break, dangerous w3 has 3 resistance level - 5min cloud low 158 - 61.8% up level 161 - 5min cloud upper 166 - if can break up these 3 level, uptrend continue 5min chart ew 
|
||||
| Useful To Me Not Useful To Me | |||||
|
1c2e3s
Veteran |
02-Jul-2020 12:39
|
||||
|
x 0
x 0 Alert Admin |
master yuen do u mean it will go down?
|
||||
| Useful To Me Not Useful To Me | |||||
