Latest Forum Topics /
Sri Trang Agro
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Thai Sri Trang sets IPO price at S$1.20
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Eyescold
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02-Jul-2020 11:43
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bears attacking most glove counters now....UG still holding strong!
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Wind22i
Supreme |
02-Jul-2020 11:42
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For those already sold, can reload once the dust settled..
For those faithfully hold for longer term , it dont matter.. |
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cookiemonster
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02-Jul-2020 11:42
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opportunity for anyone who wants to faster scoop low | ||||
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tt1010880
Senior |
02-Jul-2020 11:41
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BEARS going to be squeeze big time soon!
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cookiemonster
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02-Jul-2020 11:41
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The retracement super fast :( Hope got energy to shoot back up later |
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hotelgrand
Master |
02-Jul-2020 11:40
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arbitraging
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tt1010880
Senior |
02-Jul-2020 11:39
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Agreed bro, I keep holding NO FEAR!
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dimebag
Master |
02-Jul-2020 11:38
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Relax leh...how can you all expect something to keep going up constantly?! That is scary lor and a precursor for an even quicker crash. | ||||
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SQueeze
Master |
02-Jul-2020 11:38
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How? This is just starting.
Nothing goes up forever. Yesterday this went up 10%. Need to retrace before it can go up again. Nothing new. Don?t worry.
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Eyescold
Member |
02-Jul-2020 11:37
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I heard someone posted that the IPO criteria is no shorting for the first 5 days? not applicable in sg?
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a79991
Veteran |
02-Jul-2020 11:36
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Game over!!!! | ||||
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ghetto
Master |
02-Jul-2020 11:36
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You can start to see the same trend. Ppl start to talk down on the stock, while some sell cos they don' t see it rush all the way up. Its better to progress slow and steady. As long you know the good in the biz, hold on or if you have set a target px yourself then move on quietly. Dyodd.  | ||||
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deathztm
Senior |
02-Jul-2020 11:36
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most ordinary folks, dont see the link between two companies. only the analyst and those who read into it will know. perhaps after today trading hours, analyst will release new report | ||||
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Justice888
Supreme |
02-Jul-2020 11:35
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Sgx shorting system . Got shorted
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superstartup
Supreme |
02-Jul-2020 11:30
Yells: "Enjoy doing Fundamental Research" |
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They could be unloading just above 1.60. Just my opinion. Trade with care.
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stlimst
Master |
02-Jul-2020 11:30
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Either the Thai foks not very good at valuation or there' s something we don' t know.about STA the parent. At the current price of STGT, the maket cap exceeds that of STA!! The vaule of STGT in STA is worth more than STA?? But volume of STA traded is low...maybe Thai people just woke up. Whatever it is, I am keeping my few lots @1.28 to see what' s next with STA.  
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furnaces
Veteran |
02-Jul-2020 11:26
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Sri Trang Gloves is trading at 58 baht right now which translates to a market cap 85.46bllion baht or $3.84b. Sri Trang Agro holds 50.7% stake in Sri Trang Gloves, the 50.7% stake equals S$1.95b. Sri Trang Agro trading at $1.62 equals market cap of S$2.48b. Cash proceeds from IPO is about 14.9b baht or about S$670m. So Sri Trang Agro now is trading at less than its 50.7% stake in Sri Trang Glove plus IPO proceeds.  Ridiculously undervalued! |
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Wind22i
Supreme |
02-Jul-2020 11:25
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I guess because sri trang agro is only 29.25 baht...or around sgd 1.31..
While the hot stock is the sri trang glove which is 56 baht.. But note thar sri trang agro is the parent and owns 51% of sri trang glove... |
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Singpost
Master |
02-Jul-2020 11:23
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better dont touch  | ||||
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Eyescold
Member |
02-Jul-2020 11:23
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many queing at 1.60..... | ||||
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