| Latest Forum Topics / Sri Trang Agro Last:0.72 -- |
 Post Reply
|
|
Black Gold Industry Discussion
|
|||||
|
yoyo123
Member |
17-Nov-2020 22:39
|
||||
|
x 0
x 0 Alert Admin |
thanks for the sharing bro Joseph | ||||
| Useful To Me Not Useful To Me | |||||
|
limjoeseph
Supreme |
17-Nov-2020 22:34
|
||||
|
x 0
x 0 Alert Admin |
Not every bank analysts see alike and UOB target price projection is derived from the 3rd quarters STA results release to derive at their 12 months target price and varies from different bank analysts. UOB has a lower buying entry point at 23.00 bahts way below my short term buying zone of STA at 24.50 bahts as at today. We have to read their reports fine print to make our own judgemental call. Due diligence is warranted. | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
limjoeseph
Supreme |
17-Nov-2020 22:31
|
||||
|
x 0
x 0 Alert Admin |
Citi Reseach released a buy recommendation to their priveleged clients on STA on 13 Nov 2020 at 26.75 bahts with a 12 months target price of 61.20 bahts. | ||||
| Useful To Me Not Useful To Me | |||||
|
limjoeseph
Supreme |
17-Nov-2020 22:29
|
||||
|
x 0
x 0 Alert Admin |
UOB downgraded their previous target price of 48.25 bahts to 30 bahts. Entry point at 23 bahts way below my short term buying zone of 24.50 today. | ||||
| Useful To Me Not Useful To Me | |||||
|
yoyo123
Member |
17-Nov-2020 22:27
|
||||
|
x 0
x 0 Alert Admin |
only can find UOB one https://research.sginvestors.io/2020/11/sri-trang-agro-industry-uob-kay-hian-research-2020-11-16.html dont think this analyst is aware on the current rubber pricing or glove pricing.... just take the post with a pinch of salt. dyodd |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
wisecomment
Member |
17-Nov-2020 22:20
|
||||
|
x 0
x 0 Alert Admin |
Anyone mind to post latest rerating by UOB/City Analyst? | ||||
| Useful To Me Not Useful To Me | |||||
|
limjoeseph
Supreme |
17-Nov-2020 21:53
|
||||
|
x 0
x 0 Alert Admin |
Dear Fellow STA Shareholders, We must recognise that STA is not only a gloves play but rubber play as well. STA will continue to enjoy strong earnings (56%) on increased Gloves ASP by STGT for the next few quarters as virus pandemic will not dissipate any time soon. But successful vaccines news will be good for global rubber play as STA is a big rubber supplier to China which a few bears in this forum, I suspect are key board warriors who pen negative views and actually are not invested with their own agenda or basically shortists trying to hype the market downside by using technicals mantra. Successful vaccine news will prompt more buying by rubber consumers on expectation of global economies recovery and probably set the pace for a rally in rubber prices only a matter of time after this recent rubber correction as evident during the H1N1 period between January 2009 and August 2010 when STA price rallied to hit a high of 41.2 bahts on the back of rally in global rubber prices. Therefore no worries for me to continue to stay invested for a buy and hold strategy for the next 12 months of earnings visibility besides enjoying my coming dividend payout on 7 December as much better than pittance interest earned from the bank as I believe in my 2Cs: Confidence and Conviction. As usual, due diligence is warranted. Short Term: Neutral Medium to Long Term: Uptrend still intact on earnings visibility for the next 12 months. | ||||
| Useful To Me Not Useful To Me | |||||
|
Ligaya
Master |
17-Nov-2020 18:16
|
||||
|
x 0
x 0 Alert Admin |
ok haha...i classified those below $1 as penny stocks, those below 10cts are micro-pens hopefully this hybrid can sustain above $1 and continue to rubber thru the vaccine updates. Once the first institutional flow return as what it happened from 1st week of Sept can long Hybrid again
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Robbie36
Member |
17-Nov-2020 17:55
|
||||
|
x 0
x 0 Alert Admin |
Yes.... rubber always good for a bounce....
|
||||
| Useful To Me Not Useful To Me | |||||
|
crystalbee
Veteran |
17-Nov-2020 17:52
|
||||
|
x 0
x 0 Alert Admin |
STA Th closed at THB 26.75. Good to see it is higher by THB 0.25 from yesterday' s close at THB 26.50. Surely it is rubber to the rescue. Rubber rubber help keep price stable hor.
|
||||
| Useful To Me Not Useful To Me | |||||
|
kennyzeng21
Member |
17-Nov-2020 17:36
|
||||
|
x 0
x 0 Alert Admin |
no la. It' s very volatile. can be one yr lost one yr made a lot. But it' s sustainable. But now the gloves segment lifted the company up. Demand for gloves will dwell in the next 2 yrs? I don' t think so. Gloves are not Masks. Very niche. Now the question is when all is back to norm which I dun think will even with Vacinne. How much percent will gloves biz decrease and how much percent will rubber biz increase? will it supplement nicely and maintain the kind of profits we have seen? or will gloves demand remain and rubber biz increase and show yet another record profits? nobody can give an answer. But we keep seeing people give general statement like this is over blah blah blah. It' s easy to manipulate a group of " not-so-in-depth" investors, who just see the surface, and to their advantage. DYODD guys. Of cos there are certain risks when investing. If everything is sooo predictable then everyone will be a millionaire even the " not so in depth" investors.
|
||||
| Useful To Me Not Useful To Me | |||||
|
kennyzeng21
Member |
17-Nov-2020 17:27
|
||||
|
x 0
x 0 Alert Admin |
This is interim dividends dude. 2020 total 3.3%. Rubber business is highly volatile. So it' s expected. Their business is not even peak yet. I dun agree market is foward looking 6 to 12 mths. This is too general. More like the market is based on herd mentality knee jerk reaction. And u and the rest keep saying pre-covid level it' s as thou the company is destined to be priced as such. I beg to differ. From their preparation of listing STGT, to keeping ASP low in the beginning so as not to take advantage of the pandemic, to their efficiency of cost management as seen from their recent report, the sales of land n buildings to STGT( if demand dwelling in the next 2 yrs why would they do that?) I believe this group of management will bring STA to greater heights.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
crystalbee
Veteran |
17-Nov-2020 17:17
|
||||
|
x 0
x 0 Alert Admin |
Aiyoo....not so scary lah. Penny stock to me are those trading at less than 10 cents. Currently STA is a highly profitable company. Before covid-19, as I didn' t check 20 year history, I believe it is profitable most of the time.
|
||||
| Useful To Me Not Useful To Me | |||||
|
OngBak
Veteran |
17-Nov-2020 16:21
|
||||
|
x 0
x 0 Alert Admin |
Seem market too used to vaccine news liao.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Ligaya
Master |
17-Nov-2020 16:08
|
||||
|
x 0
x 0 Alert Admin |
if not for rubber this could be penny stock now
|
||||
| Useful To Me Not Useful To Me | |||||
|
Superfast
Supreme |
17-Nov-2020 15:25
|
||||
|
x 0
x 0 Alert Admin |
Showing sign of recovery.
.. |
||||
| Useful To Me Not Useful To Me | |||||
|
crystalbee
Veteran |
17-Nov-2020 14:09
|
||||
|
x 0
x 0 Alert Admin |
Think it is rubber to the rescue lor. The Thais know their rubber biz better than us.
|
||||
| Useful To Me Not Useful To Me | |||||
|
crystalbee
Veteran |
17-Nov-2020 14:05
|
||||
|
x 0
x 0 Alert Admin |
It is rubber to the rescue? China bought 52.1% of STA' s Q3 total sales volume for rubber. Expect demand for rubber in China to be sustainable due to the increase in auto sales and other sectors of the economy (since China is nearly covid-19 free). | ||||
| Useful To Me Not Useful To Me | |||||
|
Jokerlive
Member |
17-Nov-2020 14:04
|
||||
|
x 0
x 0 Alert Admin |
How come thai one still so stable? | ||||
| Useful To Me Not Useful To Me | |||||
|
OngBak
Veteran |
17-Nov-2020 13:32
|
||||
|
x 0
x 0 Alert Admin |
Thai side must up first.
Sg kiasi can't lead.
|
||||
| Useful To Me Not Useful To Me | |||||