| Latest Forum Topics / Sri Trang Agro Last:0.71 -- |
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Glove counter with more than 261 pc upside!
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limjoeseph
Supreme |
24-Aug-2020 16:38
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Disillusioned speculative contra players of STA Sing are complaining and cutting losses. High possibilites of retail investors small and big alike cutting losses at the same go as probably better for them to switch to other upside potentital counters for the institutions to buy and accumulate against these weak sellers. Well, no issue for me as I am invested on potential earnings of STA Thai for the next few quarters as my buy and hold investment is not basis short term outlook!!! | ||
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limjoeseph
Supreme |
24-Aug-2020 15:36
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This thread was created to bring goodluck. Too many negative vibes detected from that thread. Any way no harm done. To each, his own as long we respect each other as a shared forum to make money whether on the long or short side of the mkt. | ||
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Stocky901
Supreme |
24-Aug-2020 14:58
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haha. One thing we don't understand is that why we have 2 threads for STA? confusing everyone.. | ||
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limjoeseph
Supreme |
24-Aug-2020 14:20
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I hear many times that big boys selling being mentioned. Can anyone tell me who are the big boys doing distribution selling mentioned in the other blog STA $1.20?? | ||
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hotelgrand
Master |
24-Aug-2020 11:55
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thanks bro...vested again after selling at $1.69
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limjoeseph
Supreme |
24-Aug-2020 11:43
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STA Thai now premuim. Slow and steady for a breakup probably in Sept onwards on STGT strength. | ||
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PQTPQK
Supreme |
24-Aug-2020 11:28
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thai price is higher than here now ? | ||
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limjoeseph
Supreme |
24-Aug-2020 11:26
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1st quarters profits 2020: 854 Million Bahts (S$37 million) (US$27 million) 2nd quarters profits 2020: 1094 million Bahts (S$48 million) (US$35 million) 3rd quarters estimate projection to be released in november 2020: 2405 million Bahts (S$105 million) (US$77 million). This dome in basis of increased STGT Gloves ASP of US35 per box with 56% contribution to STA without taking Rubber division potential profits as revealed by STA Management. STA is a Buy and Hold share counter for a period 6 to 12 months for big gains and not a short term speculative contra play for quick money unless the trend has changed to a break above upside on momentum play on dip bias which better for choice. For the rest of this week, STA still in a range play between $1.11 and S$1.30. | ||
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alvinlsm
Veteran |
24-Aug-2020 11:10
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Still the same
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PQTPQK
Supreme |
24-Aug-2020 11:09
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thai price up ??? | ||
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hotelgrand
Master |
24-Aug-2020 10:58
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Can someone produce the latest quarterly results of STA here pls!
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tritonyeah666
Elite |
24-Aug-2020 10:57
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Yeah now is the time for other counters. The opportunity cost of being stuck in this stock for 6-12 mths is too great. | ||
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Stocky901
Supreme |
24-Aug-2020 10:45
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Volume too low. People just prefer MY glove counters. Difficult to brrak out.. | ||
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look@bright
Elite |
24-Aug-2020 10:15
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Ok hope more hot $ comes in and drive up the share price soon. So So undervalue! | ||
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limjoeseph
Supreme |
24-Aug-2020 10:00
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No point hyping the rise of STA Sing as still locked in within a range for the rest of the month between S$1.12 and 1.30 . Let mkt forces decide!! Just know STA Sing is a buy and hold counter for the next 6 to 12 months and not for speculative trading for quick gains unless STA takes a lead for higher bias at the breakup above 29.50 Baht to turn into a momentum trade. Long timeline for me as a buy and hold for the next few quarters to go on the growth of the company on strong earnings. Patience is the key word for a successful investment as compared to pittance interest paid by the banks for a one year locked in period. | ||
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den2328
Senior |
23-Aug-2020 13:04
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To be fair you also have to warn of the risk that Vicplas may also fall 50% in a day. We need to have a balance of portfolio, not go all in to growth stocks which do not have sufficient track record yet. Vicplas currently is still speculative because there is no indication of what is the earnings impact from the medical segment.  I have looked at it last week at 0.32 but did not go in yet because of that reason. Happy for those vested but similar to how you have shown your concern here in this thread for STA shareholders, be careful.
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limjoeseph
Supreme |
23-Aug-2020 12:33
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Haha loyal STA shareholders are not interested in short term gains but are poised to ride the medium to long term upward trend which may come sooner than expected from a well managed company like STA with strong earnings potential for next few quarters. Pl trade other volatile counters if you so wish for fast gains!!! | ||
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tritonyeah666
Elite |
23-Aug-2020 10:03
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Not for those who are into the concept of opportunity cost imagine you have to wait 12 mth for Sri to move to 1.6 while Vicplas can just move up 50% in a day. | ||
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123Sang
Senior |
22-Aug-2020 20:36
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STA remains a good long-term hold for me.
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limjoeseph
Supreme |
22-Aug-2020 19:50
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Institutions have been buying since Thursday into a discounted STA Sing against STA Thai by at least 2 bahts into the low of $1.11 while small short term investors and speculative contra players cutting losses with syndicate shortist standing on the institution side putting lots of selling big orders as if so called big boys are selling down. These shortists are spreading unsubstantiated vaccine success stories trying to influence weak STA holders to do further cut losses selling. Not because I have vested interest in STA Thai that I am trying to hype the mkt rise. I cannot influence the mkt because the mkt has a mind of its own that the direction of STA will be derived from the potential growth of the company throughout strong earnings. The big whales of the global financial industry is now zeroed on a laggard undervalued stock which is STA due to its humogous 3rd quarters results 56% to be contributed by STGT for the next few quarters thereafter. I am trying to give decent sharing in this forum that these institutions have the discretions to buy and sell shares on behalf of their clients as follows such as hedge funds/endowment funds/commercial banks/ insurance companies/ mutual funds/pension funds. They have well informed information and more knowledgeable and better than the man in the streets. Do you as uninformed mkt participants want to bang your heads against them as they have a longer view on the mkt?? Stay invested then after doing your own due deligence. | ||
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