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Thai Sri Trang sets IPO price at S$1.20 Post Reply Rate topic
furnaces Veteran	01-Jul-2020 15:46        furnaces About Contact  Quote this Post!
x 0   x 0  Alert Admin	1.47. about to break high of 1.49-1.50. either today or tomorrow. Glove IPO tomorrow will push this to new high.
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ferarri79 Senior	01-Jul-2020 15:46        ferarri79 About Contact  Quote this Post!
x 0   x 0  Alert Admin	looking at the trading vol today,  expect to break 1.5 soon as not only retail players in now
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AttasBoss Elite	01-Jul-2020 15:45        AttasBoss About Contact  Quote this Post!
x 0   x 0  Alert Admin	After that? SgYuan      ( Date: 01-Jul-2020 15:44) Posted: yap that is the tgt newtraderwang      ( Date: 01-Jul-2020 15:42) Posted: Does itmean wave 5 price till ard 1.49
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NevEndless Member	01-Jul-2020 15:44        NevEndless About Contact  Quote this Post!
x 0   x 0  Alert Admin	FINALLY starting to wake up!!!
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SgYuan Supreme	01-Jul-2020 15:44        SgYuan About Contact  Quote this Post!
x 0   x 0  Alert Admin	yap that is the tgt newtraderwang      ( Date: 01-Jul-2020 15:42) Posted: Does itmean wave 5 price till ard 1.49? SgYuan      ( Date: 01-Jul-2020 15:39) Posted: yap correct
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LowLow12 Elite	01-Jul-2020 15:43        LowLow12 About Contact  Quote this Post!
x 0   x 0  Alert Admin	$2 i be waiting My blue chip stock
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newtraderwang Member	01-Jul-2020 15:42        newtraderwang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Does itmean wave 5 price till ard 1.49? SgYuan      ( Date: 01-Jul-2020 15:39) Posted: yap correct. hokpin      ( Date: 01-Jul-2020 12:40) Posted: Master Yuan, it broke 1.4 and now at 1.41! So it continues uptrend, right
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ghetto Master	01-Jul-2020 15:39        ghetto About Contact  Quote this Post! Style: Combined
x 0   x 0  Alert Admin	Sri started the sashay
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SgYuan Supreme	01-Jul-2020 15:39        SgYuan About Contact  Quote this Post!
x 0   x 0  Alert Admin	yap correct. hokpin      ( Date: 01-Jul-2020 12:40) Posted: Master Yuan, it broke 1.4 and now at 1.41! So it continues uptrend, right? SgYuan      ( Date: 01-Jul-2020 11:26) Posted: px cannot break 137 then w5
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cookiemonster Member	01-Jul-2020 15:36        cookiemonster About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tomorrow will see new high hold on tight tight
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Wind22i Supreme	01-Jul-2020 15:33        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes blockbuster sti trang glove ipo will drive sri trang to greater heights.. Swee & sawadeekap!
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stanip Veteran	01-Jul-2020 14:39        stanip About Contact  Quote this Post!
x 1   x 0  Alert Admin	A very favorable report today on STGT (Glove) IPO from MayBank Thailand on a 12 month price target of Baht 56 (or a 65% upside from IPO pricing)!!    And STA will have 51% of this benefit!  The English extract from this report is from using Google translate... https://portal.settrade.com/brokerpage/IPO/Research/upload/2000000390891/200701_STGT_t.pdf Wednesday, July 1, 2020RETAIL RESEARCHThailand &bull Consumer Products SEE PAGE 15FOR IMPORTANTDISCLOSURES AND ANALYST CERTIFICATIONSJaroonpan [email protected] (66) 2658 6300 ext 1404Sri Trang Gloves (Thailand) (STGT) Trends Likely to Gain Initiation Outstanding capital ready to be available. Yes, new players are suggested. Buy and invest in the future of STGT. It' s not just the benefit of the COVID-19 situation that will drive profitability in 2020 by 5 times, but we look beyond that the world' s third-largest glove manufacturer. Are now ready to challenge the top players in the world With a competitive advantage Thailand is well positioned and supported by STA, the world' s No. 1 rubber exporter, with a fair price of 56.00 baht / share, based on the P / E average before the COVID-19 spread in 21.2. As far as being in a perfect position, there is a chance that the world will rise even further because, in addition to STGT Will be supported after STA, the world' s number one exporter of rubber, being located in Thailand, the exporting country Concentrated natural rubber The world' s largest latex 73% share makes STGT to cover the risk of raw material shortage completely. Outperforming the other 4 big competitors in Malaysia who are currently importing latex from Thailand, while the money from the IPO of 1.5 billion baht is enough to expand The company has already doubled its production capacity in the next 5-6 years. Therefore, the long-term growth plan in the industry with high barrier to entry with plans to penetrate the domestic market Development that still has We use only 4-10 pieces of gloves / person / year (China), compared to the developed market at 100-150 pieces / person / year. Therefore, we see that there is a possibility. Growing This year and Conservative, conservative, conservative STGT expects 2020 net profit to be at 3.2 billion baht, five times more than last year, driven by new capacity at the beginning of the year + 20% and average selling price. Expected to increase + 15% YoY from global shortage of rubber gloves this year, which is affected by the epidemic COVID-19. Gross profit margin is expected to rise from 12.0% to 25.7% in the first quarter of the outbreak. Began to climb up at 18.8%, which, when using Forward P / E, averaged 21.2 times that of the 4 large Malaysian operators in the period before the COVID-19 severe epidemic is a reference point for conservancy on EPS of 2.68 baht / share (weighted average stock Weight of 1,212 million shares) will receive an appropriate price of 56.00 baht. The risk is the price of latex, the baht - ringgit (competition with 4 Malaysian competitors) and Baht - United States (rates (Profitability) while inventing a vaccine to protect COVID-19 May affect the price of rubber gloves reduced (Expected to contract by 12% in 2022), but the demand is expected to continue to grow in 2021 due to the new normal behavior, stock accumulation to return to the same level And turning tide
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hokpin Supreme	01-Jul-2020 13:32        hokpin About Contact  Quote this Post!
x 0   x 0  Alert Admin	People are excited for the Glove IPO in Thai tomorrow mah. wenyen      ( Date: 01-Jul-2020 13:04) Posted: anyone knows why this gem suddenly pickup pace ytd and today?  😄
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wenyen Master	01-Jul-2020 13:04        wenyen About Contact  Quote this Post!
x 0   x 0  Alert Admin	anyone knows why this gem suddenly pickup pace ytd and today?  😄
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ghetto Master	01-Jul-2020 13:03        ghetto About Contact  Quote this Post! Style: Combined
x 0   x 0  Alert Admin	The show is starting...
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cookiemonster Member	01-Jul-2020 13:00        cookiemonster About Contact  Quote this Post!
x 0   x 0  Alert Admin	this baby is on its way to 1.49
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wenyen Master	01-Jul-2020 12:53        wenyen About Contact  Quote this Post!
x 1   x 0  Alert Admin	Extensions 261.8% 1.9569 200% 1.79 161.8% 1.6869 138.2% 1.6231 100% 1.52 61.8% 1.4169 50% 1.385 38.2% 1.3531 23.6% 1.3137   looks like on course to break new high hokpin      ( Date: 01-Jul-2020 12:40) Posted: Master Yuan, it broke 1.4 and now at 1.41! So it continues uptrend, right? SgYuan      ( Date: 01-Jul-2020 11:26) Posted: px cannot break 137 then w5
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hokpin Supreme	01-Jul-2020 12:40        hokpin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Master Yuan, it broke 1.4 and now at 1.41! So it continues uptrend, right? SgYuan      ( Date: 01-Jul-2020 11:26) Posted: px cannot break 137 then w5
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AttasBoss Elite	01-Jul-2020 11:54        AttasBoss About Contact  Quote this Post!
x 0   x 0  Alert Admin	thai side up 6% sg side still laggard to pick up
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SgYuan Supreme	01-Jul-2020 11:26        SgYuan About Contact  Quote this Post!
x 0   x 0  Alert Admin	px cannot break 137 then w5
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