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Glove counter with more than 261 pc upside! Post Reply Rate topic
Dallan Member	20-Aug-2020 10:43        Dallan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Good! Press it down further so that I can pick back up cheap.
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3dw1nchu4 Veteran	20-Aug-2020 10:42        3dw1nchu4 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Well, UOB Kay Hian just raised their TP again, so that' s a good sign. http://research.sginvestors.io/2020/08/sri-trang-agro-industry-uob-kay-hian-research-2020-08-19.html
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linguist Veteran	20-Aug-2020 10:39        linguist About Contact  Quote this Post!
x 0   x 0  Alert Admin	Now BBs and Contra traders are dumping cuz don' t know why SGX whole stretch red alert.  Buy only if you have spare cash. Traders who are on contra in Top Glove/UG/RS/Medtecs will be in deep trouble because when BBs pull out from all those counters in this red alert, then decides to pump into STA, knowing how undervalued STA is compared to the others.  tritonyeah666      ( Date: 20-Aug-2020 10:33) Posted: It rose up from 70cents so its possible.
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tritonyeah666 Elite	20-Aug-2020 10:33        tritonyeah666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It rose up from 70cents so its possible.
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alvinlsm Veteran	20-Aug-2020 10:33        alvinlsm About Contact  Quote this Post!
x 0   x 0  Alert Admin	Be Patient ! 11am will go down even more .
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linguist Veteran	20-Aug-2020 10:33        linguist About Contact  Quote this Post!
x 0   x 0  Alert Admin	Almost all SGX counters are down. So don' t worry too much. In fact this is a good time to load more and and buy cuz BBs are throwing at even cheaper price.  Remember, Sri Trang is the lowest and yet most valuable & top revenue/profit achieved company among other Glove companies + Medtecs on SGX now.  Sgvale      ( Date: 20-Aug-2020 10:23) Posted: Breaks 1.18. Gone case.
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7ocean Master	20-Aug-2020 10:30        7ocean About Contact  Quote this Post!
x 0   x 0  Alert Admin	impossible 70 la... dun dream too much... If down $1.. too many punter kaki will be very upset.... tritonyeah666      ( Date: 20-Aug-2020 10:27) Posted: back to 0.70 where it first rose up i guess? Mean reversion to the norm,
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tritonyeah666 Elite	20-Aug-2020 10:27        tritonyeah666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	back to 0.70 where it first rose up i guess? Mean reversion to the norm,
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Sgvale Supreme	20-Aug-2020 10:24        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	Continue down for weeks Sgvale      ( Date: 20-Aug-2020 10:23) Posted: Breaks 1.18. Gone case.
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Sgvale Supreme	20-Aug-2020 10:23        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	Breaks 1.18. Gone case.
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linguist Veteran	20-Aug-2020 10:18        linguist About Contact  Quote this Post!
x 0   x 0  Alert Admin	LOL! if you know " basic" accounting, you will know that such transaction " expenses" or " revenues" will not be recorded on the group financial statement because they are related companies transactions.  Robbie36      ( Date: 20-Aug-2020 10:00) Posted: Look it is very basic accounting. If STA charges STGT high management fees it will receive 100% of the fees to its p& l and will only absorb 56% of the costs through consolidation of STGT. Same applies to high raw material costs for STGT - STA will reap 100% of the benefit but only absorb 56% of the costs as the other 46% are absorbed by STGT minorities. linguist      ( Date: 20-Aug-2020 09:43) Posted: Dude! STGT is a listed company! If you had forgotten. Sri Trang Agro group cannot anyhow absorb profits or cash position from STGT!! And if STA charges high management fees to STGT, it affects the earnings of STGT which will also be showcased on STA group consolidated financial statements at 50.75%! I know you want to see the share price increase. But dont spew nonsence please.
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Robbie36 Member	20-Aug-2020 10:00        Robbie36 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Look it is very basic accounting. If STA charges STGT high management fees it will receive 100% of the fees to its p& l and will only absorb 56% of the costs through consolidation of STGT. Same applies to high raw material costs for STGT - STA will reap 100% of the benefit but only absorb 56% of the costs as the other 46% are absorbed by STGT minorities. linguist      ( Date: 20-Aug-2020 09:43) Posted: Dude! STGT is a listed company! If you had forgotten. Sri Trang Agro group cannot anyhow absorb profits or cash position from STGT!! And if STA charges high management fees to STGT, it affects the earnings of STGT which will also be showcased on STA group consolidated financial statements at 50.75%! I know you want to see the share price increase. But dont spew nonsence please.  Robbie36      ( Date: 19-Aug-2020 23:44) Posted: As STA has a majority shareholding in STGT, it controls its cash flows. STA can quite easily absorb most of STGT' s gloves profits directly into STA by charging STGT management fees, centrally allocated costs and most importantly high raw material prices. In fact they have a financial incentive to do so. The controlling family hold shares in STA not STGT and I know with whom I wish to align my interests.
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3dw1nchu4 Veteran	20-Aug-2020 09:59        3dw1nchu4 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ah yes. wa all the glove counters red suddenly (except UG) linguist      ( Date: 20-Aug-2020 09:56) Posted: When BBs stepped in it will chiong liao... remember 2 weeks (or 3 weeks) ago it reached 1.43?  3dw1nchu4      ( Date: 20-Aug-2020 09:48) Posted: I wouldn' t say ' chiong up' , more like ' inch up' , haha    today looks good though. At least 3-4 pips up from current pric
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linguist Veteran	20-Aug-2020 09:56        linguist About Contact  Quote this Post!
x 0   x 0  Alert Admin	When BBs stepped in it will chiong liao... remember 2 weeks (or 3 weeks) ago it reached 1.43?  3dw1nchu4      ( Date: 20-Aug-2020 09:48) Posted: I wouldn' t say ' chiong up' , more like ' inch up' , haha    today looks good though. At least 3-4 pips up from current price linguist      ( Date: 20-Aug-2020 09:45) Posted: BBs has stepped in at price $1.18 to collect all the dumping! STA going chiong up soon
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yamseng Supreme	20-Aug-2020 09:51        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	patient will win the games
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3dw1nchu4 Veteran	20-Aug-2020 09:48        3dw1nchu4 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I wouldn' t say ' chiong up' , more like ' inch up' , haha    today looks good though. At least 3-4 pips up from current price linguist      ( Date: 20-Aug-2020 09:45) Posted: BBs has stepped in at price $1.18 to collect all the dumping! STA going chiong up soon! tritonyeah666      ( Date: 20-Aug-2020 09:29) Posted: Dumping continues. Rename the new thread appropriately..dont jinx it.
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linguist Veteran	20-Aug-2020 09:45        linguist About Contact  Quote this Post!
x 0   x 0  Alert Admin	BBs has stepped in at price $1.18 to collect all the dumping! STA going chiong up soon! tritonyeah666      ( Date: 20-Aug-2020 09:29) Posted: Dumping continues. Rename the new thread appropriately..dont jinx it.
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linguist Veteran	20-Aug-2020 09:43        linguist About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dude! STGT is a listed company! If you had forgotten. Sri Trang Agro group cannot anyhow absorb profits or cash position from STGT!! And if STA charges high management fees to STGT, it affects the earnings of STGT which will also be showcased on STA group consolidated financial statements at 50.75%! I know you want to see the share price increase. But dont spew nonsence please.  Robbie36      ( Date: 19-Aug-2020 23:44) Posted: As STA has a majority shareholding in STGT, it controls its cash flows. STA can quite easily absorb most of STGT' s gloves profits directly into STA by charging STGT management fees, centrally allocated costs and most importantly high raw material prices. In fact they have a financial incentive to do so. The controlling family hold shares in STA not STGT and I know with whom I wish to align my interests.
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tritonyeah666 Elite	20-Aug-2020 09:29        tritonyeah666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dumping continues. Rename the new thread appropriately..dont jinx it.
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Superfast Supreme	20-Aug-2020 02:08        Superfast About Contact  Quote this Post!
x 0   x 0  Alert Admin	Y so many huh... Confused ppl.... 🤔 SgTrader17      ( Date: 20-Aug-2020 01:33) Posted: Omg. Actually there's four threads. Can someone open the fifth one, please? .... Lmfao.
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