| Latest Forum Topics / Sri Trang Agro Last:0.71 -- |
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Thai Sri Trang sets IPO price at S$1.20
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yoyo123
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16-Nov-2020 15:07
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hmm... why such a big difference on the TP by different bank. | ||
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limjoeseph
Supreme |
16-Nov-2020 15:03
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UOB released their report today by downgrading their previous target price of 48.25 bahts to 30 bahts. | ||
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rlong8288
Master |
16-Nov-2020 14:59
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Results good but stocks price hardly move, lousy stock  | ||
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limjoeseph
Supreme |
16-Nov-2020 14:33
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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. Their analyst's report was officially released today. | ||
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yoyo123
Member |
16-Nov-2020 14:29
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stock price can fall after good earning and also rise after weak earning, its a 50% bet, instead focus on the long term growth of the company which we can control , dyodd, stay invested if you beliver next few quarters STA earnings will beat the market again and again.  | ||
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kennyzeng21
Member |
16-Nov-2020 12:22
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Nope LOL
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SZsky123
Member |
16-Nov-2020 12:15
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good news and dividends, Med up today but price don' t increase much!. now losing momentum. Seems market is not favoring this counter. doubt will see price gap up in recent days.  | ||
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TodaySgCny
Senior |
16-Nov-2020 12:10
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Already out in the morning.Gave up.Afternoon as usual.Sell on news. | ||
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a79991
Veteran |
16-Nov-2020 11:52
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Btw, not bad dividends of 1.25% based on current price.... higher than current FD | ||
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a79991
Veteran |
16-Nov-2020 11:38
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2nd strong Q. reporting the counter still trading at this price...
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Sgvale
Supreme |
16-Nov-2020 11:36
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Down fast up slow. No patience. Not looking anymore | ||
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alvinlsm
Veteran |
16-Nov-2020 10:14
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Need to wait for Thailand market to open 
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limjoeseph
Supreme |
16-Nov-2020 10:03
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Many times I have seen before my eyes how things will play out for loss making companies whose share price collapsing whilst money making companies share prices rally in the medium to long term horizon after short term corrections on negative news are examples of the learning process that teaches us the keys to how the stock market works. Patience is yet another building block in the process. While the naysayers had the microphone for quite some time, they didn't take in all of the information to make their decisions as they rushed to pass judgment on even a fundamentally sound making money company like STA. In the scope of the learning process, that is an amateur mistake. The sad reality is that when it comes to investing, amateurs are simply tossed to the side of the road. It is only after the lessons of the market are learned and adopted as a strategy that the "amateur" tag is removed. | ||
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Robbie36
Member |
16-Nov-2020 09:42
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STGT' s were particularly good imho. To put them in context. The STGT listing in Thailand was handled by Finansa. They brought out an analyst resport - dated 8th July - with a forecast for 2020 net profit of Bt4.26bn. In the ' third quarter alone' STGT reported a net profit of Bt4.4bn..... | ||
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yoyo123
Member |
16-Nov-2020 09:28
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SETS opening - STGT UP + upcoming anaylst coverage + next few Qtr strong earning from Gloves + Rubber + dividends. With/without Vaccinne, this counter is well position in this crisis.    | ||
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MrHongJin
Member |
16-Nov-2020 09:26
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Thailand' s natural rubber price at domestic markets keeps risingSource: Xinhua|  2020-11-15 20:24:45|Editor: huaxiahttp://www.xinhuanet.com/english/2020-11/15/c_139517980_3.htm   |
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Wealth98
Veteran |
16-Nov-2020 09:23
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While everyone is hopeful for the best Vaccine that take months if not years to prove , For now , Prevention is the best cure ! Glove is the prevention, mask is the prevention.
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TodaySgCny
Senior |
16-Nov-2020 09:20
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Sell on news.Cover back my 1.24.Gd luck to those holding.Might drop drastically before lunch time  | ||
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Sgvale
Supreme |
16-Nov-2020 09:16
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I thought will shoot at least $1.40 today but slow slow..... | ||
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limjoeseph
Supreme |
16-Nov-2020 09:15
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Nothing else matters as strong earnings will rule the day as STA is not only grossly undervalued but dirt cheap after Friday's earning release. I look back into the mist of time during the H1N1 period between Jan 2009 and 2010. Msian gloves companies share price never rallied due to no shortage of supplies as compared to STA rallying to hit a high of 41.20 after global rubber price rallied and peaked in Feb 2011. This time Covid 19 is more contagious and resulting in supplies shortage from pandemic global spread which is not going any time soon and Msian gloves prices rallying for the previous few quarters on the back of humongous profit earnings. Gloves counters will continue to enjoy humongous profits of at least a 12 months earnings visbility as their gloves ASP is expected to be increased further for the next few quarters as forward sales have already been booked until 1st half 2022 with guarantee supplies but not on price which is subject to negotiation. Few days ago, STA share price fell hard due to irrational selling from recent rubber mkt price correction and vaccine news which I consider a short term knee jerk reaction. Short Term: Neutral Medium Term: Uptrend Long Term: Uptrend After the dust settles, STA will find its own equilibrium intrinsic value moving forward. Even without the rubber price price rallying above the recent new high of 180.4 TSR 20 Sicom, STA primary undelying trend is still up due to strong earnings potential for the next few quarters as evident from Msian gloves counters humongous profits which will continue its upward ascent as gloves fundamentals cannot change over night. Remain invested is my best choice as putting excess money in earning pittance interest is sheer absurdity from opportunity cost angle for a 12 months period after doing my due diligence on STA to suit my risk appetite. Contra and short term play mkt direction will be driven by unsuspecting positive and negative news event using technical tools to predict mkt price movements. Medium to long term play will be driven by STA strong earnings fundamentals rooted on solid ground for the next few quarters will be the life line of STA moving forward. As usual, due diligence is warranted. | ||
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