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Thai Sri Trang sets IPO price at S$1.20 Post Reply Rate topic
Wealth98 Veteran	15-Nov-2020 01:54        Wealth98 About Contact  Quote this Post!
x 0   x 0  Alert Admin	That is why i' ve never take profit when STA hit $1.59 and it dropped to $1.21 i also dont feel heart ache, why ? Because I believe, ....i believe i can fly , i believe ... sorry , i meant i believe STA can touch the sky eventualy. crystalbee      ( Date: 14-Nov-2020 18:27) Posted: This time is different.  Q1 (Jan' 20-Mar' 20) Profit S$38mill, Q2 Profit S$48mill and now Q3 (July' 20-Sep' 20) Profit S$91mill. Q2 Profit is  27% higher than Q1 but Q3 Profit is 90% higher than Q2. 90% increase is nearly double and no joke. EPS  based on Q3 results is THB 5.44. At yesterday' s closing price THB 26.75, PE  is only 4.9.  STA is  undervalued and oversold.  Vaccine or no vaccine, medical or non-medical, a profitable company  with PE 4.9 is cheap. Once  analysts  report  target prices based on latest Q3 results,  STA share price should receive a  good dosage  of bull power.  Of course  I am not  100%  sure because it  depends on market sentiment too but I tend to believe STA share price  will be  supported with  medium term outlook trending upwards since delivering such  good results.                                                     stanleytay      ( Date: 14-Nov-2020 00:54) Posted: Last round open up then all the way down.. it should be the same this tim
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limjoeseph Supreme	14-Nov-2020 20:20        limjoeseph About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dear loyal STA shareholders, you just need to be patient and believe in your 2 Cs: Confidence and Conviction. The rationale of doing a buy and hold for at least one year time frame in the first place is the strong fundamentals of STA rooted on solid ground on at least 12 months of strong earnings visibility. Do not let any short term negative news cloud your medium to long term view. Just digest what Alpine has penned concerning short term pattern recognition relative to STA long term pattern. STGT earnings for the 4th quarters will still be a record on increased gloves ASP but I rather wait for the outcome of the Investors Conference within next week to have a better handle on STGT management commenting on their potential 4th quarters Gloves ASP though previously I have penned it as US$48 per box. Due to the recent increase in rubber prices, STA rubber division will earn a very decent profits for their potential 4th quarters reporting as the inventory earnings of 660 million baht plus of the 3rd quarters result can only be realised in the 4th quarters. Short term technicals already in oversold condition and a rebounce is in the cards but we have to monitor each passing day whether STA short term trend can change to uptrend after clearing some technical resistance. Medium to long term investors should just leave the short term direction to the contra and short term mkt particpants to dictate the short term mkt direction themselves as mkt will find its own equilibruim intrinsic valued price whilst investors remain vested to enjoy dividend payout in december and a potential price rise in due course. At present juncture, STA is not only extremely undervalued but at same time dirt cheap and thier results beating every analysts' 3rd quarters result projections. Due dilgence to suit your risk appetite is warranted. To date, I remain vested in my 2Cs by having a longer term outlook on my STA and STGT investments. Just for your guidance, I put on records that my average price of STA Sing at S$1.20 and Thai at 28.25 bahts whilst STA Sing insider's buying price of S$1.24 bought on 13 Oct and another Thai insider who bought STA Thai on 2 Oct at 27.75 bahts.
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Wealth98 Veteran	14-Nov-2020 20:05        Wealth98 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Pls don' t pls , i also vested in UG and Vicplas !  Tolong ! Tolong ! DONT !  alvinlsm      ( Date: 14-Nov-2020 13:51) Posted: Please go and bark at the other 4 gloves counters . tritonyeah666      ( Date: 14-Nov-2020 13:45) Posted: Final sharing from me: I standby my 1-1.10 call next 2-3 weeks as there will be an onslaught of positive vacine news from China and Moderna etc. Next week is the last chance for all to sell your glove stocks before the meltdown. Please sell and save yourself as the drawdowns are going to be insane. Buy on rumors, sell on news.
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alvinlsm Veteran	14-Nov-2020 18:52        alvinlsm About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes i agree , STA short of market sentimental . Long term we will see the results . crystalbee      ( Date: 14-Nov-2020 18:27) Posted: This time is different.  Q1 (Jan' 20-Mar' 20) Profit S$38mill, Q2 Profit S$48mill and now Q3 (July' 20-Sep' 20) Profit S$91mill. Q2 Profit is  27% higher than Q1 but Q3 Profit is 90% higher than Q2. 90% increase is nearly double and no joke. EPS  based on Q3 results is THB 5.44. At yesterday' s closing price THB 26.75, PE  is only 4.9.  STA is  undervalued and oversold.  Vaccine or no vaccine, medical or non-medical, a profitable company  with PE 4.9 is cheap. Once  analysts  report  target prices based on latest Q3 results,  STA share price should receive a  good dosage  of bull power.  Of course  I am not  100%  sure because it  depends on market sentiment too but I tend to believe STA share price  will be  supported with  medium term outlook trending upwards since delivering such  good results.                                                     stanleytay      ( Date: 14-Nov-2020 00:54) Posted: Last round open up then all the way down.. it should be the same this tim
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crystalbee Veteran	14-Nov-2020 18:27        crystalbee About Contact  Quote this Post!
x 0   x 0  Alert Admin	This time is different.  Q1 (Jan' 20-Mar' 20) Profit S$38mill, Q2 Profit S$48mill and now Q3 (July' 20-Sep' 20) Profit S$91mill. Q2 Profit is  27% higher than Q1 but Q3 Profit is 90% higher than Q2. 90% increase is nearly double and no joke. EPS  based on Q3 results is THB 5.44. At yesterday' s closing price THB 26.75, PE  is only 4.9.  STA is  undervalued and oversold.  Vaccine or no vaccine, medical or non-medical, a profitable company  with PE 4.9 is cheap. Once  analysts  report  target prices based on latest Q3 results,  STA share price should receive a  good dosage  of bull power.  Of course  I am not  100%  sure because it  depends on market sentiment too but I tend to believe STA share price  will be  supported with  medium term outlook trending upwards since delivering such  good results.                                                     stanleytay      ( Date: 14-Nov-2020 00:54) Posted: Last round open up then all the way down.. it should be the same this time alvinlsm      ( Date: 14-Nov-2020 00:43) Posted: Next week if this counter never surge , really speechless .
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limjoeseph Supreme	14-Nov-2020 17:01        limjoeseph About Contact  Quote this Post!
x 1   x 0  Alert Admin	Monday morning Investors' Conference: STGT 9.30 am, STA 11.30 am Thai time with around 20 analysts, face to face in person. There are also groups call hosted by CLSA and K securities on the same day. Citi & CS on next week as well. Busy whole week.
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yoyo123 Member	14-Nov-2020 16:45        yoyo123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	thank you bro Joseph. thinking whether to buy some before the conference and analysts coverage.  limjoeseph      ( Date: 14-Nov-2020 16:39) Posted: Normally companies will hold their investors's conference call within one week after release of their latest financial results.
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limjoeseph Supreme	14-Nov-2020 16:39        limjoeseph About Contact  Quote this Post!
x 0   x 0  Alert Admin	Normally companies will hold their investors's conference call within one week after release of their latest financial results.
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limjoeseph Supreme	14-Nov-2020 16:36        limjoeseph About Contact  Quote this Post!
x 0   x 0  Alert Admin	Aiyah who is scolding you?? Sheer stupidity on your part refers to a person like you who cannot understand even simple accounting terms like " marked to mkt"!!. Who buay tahan? From day one, eversince I started penning in SJ, I reinterate that I am a long term investor and expounding my support for STA share price but you started calling me names like boastful and what not!! Better go and reflect on your recent attitudes towards me rather than getting personal with me. Like I said many times, mkt partipants may have opposing view points and are always welcome to contribute to this forum but no point making unnecessary sarcastic comments against others. I only hope your ridiculous comments about me will just stop at this juncture.
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yoyo123 Member	14-Nov-2020 16:29        yoyo123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	any idea when they will hold the below conference call: ? Next week after the STA/STGT incestors conference call, all analysts will probably start adjusting their proce targets as STGT/STA earnings far exceeded their mkt expectations.
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shadow11 Veteran	14-Nov-2020 16:19        shadow11 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Lol u buay tahan Liao ah. Scold ppl Liao. Tupid etc. Wan to call names a not. Pig pig. Relac ley. Don't get so work up. Haha limjoeseph      ( Date: 14-Nov-2020 15:25) Posted: Sheer stupidity on your part Shadow 11 as we have dilberated on the 3rd quarters results. Sad to say you do not understand SETs ruling on marked to mkt concept. I have showed cause to your cutting and pasting post regarding my STA sing portfolio but you have yet to prove your constructive view points in this forum. Anyway, it is none of your business that I am still holding my STA portfolios till date up to the S$1.20 level. I remain vested as it is my own money, own target!! What have you to prove your credibility to other mkt participants in this forim other than trying to put me down??? For me, my credentials can be verified in LINKEDIN!!!
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hokpin Supreme	14-Nov-2020 16:15        hokpin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Shadow, don' t mention it and thx for the alignment. Let' s all longists huat! shadow11      ( Date: 14-Nov-2020 16:09) Posted: OK accepted. Thank u for this piece of info With this I rather quite positive abt vesting at sta at 1.20$. Hope I can get some this Monday. ✌ ️ hokpin      ( Date: 14-Nov-2020 15:30) Posted: Shadow, automotive and tyre industries in China started to resume the recovery. You will see the strong demand ahead. Pls take a look at the performance of the ChinaSunsine counter https://www.sinchew.com.my/content/content_2375793.htm
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shadow11 Veteran	14-Nov-2020 16:09        shadow11 About Contact  Quote this Post!
x 0   x 0  Alert Admin	OK accepted. Thank u for this piece of info With this I rather quite positive abt vesting at sta at 1.20$. Hope I can get some this Monday. ✌ ️ hokpin      ( Date: 14-Nov-2020 15:30) Posted: Shadow, automotive and tyre industries in China started to resume the recovery. You will see the strong demand ahead. Pls take a look at the performance of the ChinaSunsine counter https://www.sinchew.com.my/content/content_2375793.html shadow11      ( Date: 14-Nov-2020 15:14) Posted: The figures written on the financial statement. Don't keep harping on the rubber price increase. The demand for rubber for the past 9mths shows the demand is not there at all. Dropping since q1 to now q3. Rubber price increase got wat use.
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alpine Senior	14-Nov-2020 15:58        alpine About Contact  Quote this Post!
x 0   x 0  Alert Admin	From chart pattern recognition and if you are seeing the STA short term chart does?t match up with what the long term chart is suggesting then you can start to question the validity of the bull market in our case. For instance if the long term chart is bullish on strong earnings fundamentals and you see a short term reversal pattern, H&S or double top building out on a fairly large scale then a big red flag goes up. On the other hand if the long term chart is showing bullish price action with strong earnings fundamentals and you see a H&S, a cup and handle or double bottom forming on the short term chart then that helps confirm the big trend or bull market is still in tact.
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hokpin Supreme	14-Nov-2020 15:30        hokpin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Shadow, automotive and tyre industries in China started to resume the recovery. You will see the strong demand ahead. Pls take a look at the performance of the ChinaSunsine counter https://www.sinchew.com.my/content/content_2375793.html shadow11      ( Date: 14-Nov-2020 15:14) Posted: The figures written on the financial statement. Don't keep harping on the rubber price increase. The demand for rubber for the past 9mths shows the demand is not there at all. Dropping since q1 to now q3. Rubber price increase got wat use. hokpin      ( Date: 14-Nov-2020 15:05) Posted: Shadow, totally disagree with your points. STA not only glove business, the price of its natural rubber has surged 50% higher since Apr 20
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limjoeseph Supreme	14-Nov-2020 15:25        limjoeseph About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sheer stupidity on your part Shadow 11 as we have dilberated on the 3rd quarters results. Sad to say you do not understand SETs ruling on marked to mkt concept. I have showed cause to your cutting and pasting post regarding my STA sing portfolio but you have yet to prove your constructive view points in this forum. Anyway, it is none of your business that I am still holding my STA portfolios till date up to the S$1.20 level. I remain vested as it is my own money, own target!! What have you to prove your credibility to other mkt participants in this forim other than trying to put me down??? For me, my credentials can be verified in LINKEDIN!!!
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alvinlsm Veteran	14-Nov-2020 15:23        alvinlsm About Contact  Quote this Post!
x 0   x 0  Alert Admin	High demand for rubber lol that is why rubber prices goes up . If no demand why price up ? Rubber prices increased from July onwards . However , this report could not reflect the pricing as orders were made 3 months earlier ( still the low price ) There is a 600 mil rubber revenue which will be brought to Q4 report or Yearly report . 3 months later you will see the real rubber profit . shadow11      ( Date: 14-Nov-2020 15:14) Posted: The figures written on the financial statement. Don't keep harping on the rubber price increase. The demand for rubber for the past 9mths shows the demand is not there at all. Dropping since q1 to now q3. Rubber price increase got wat use. hokpin      ( Date: 14-Nov-2020 15:05) Posted: Shadow, totally disagree with your points. STA not only glove business, the price of its natural rubber has surged 50% higher since Apr 20
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shadow11 Veteran	14-Nov-2020 15:14        shadow11 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The figures written on the financial statement. Don't keep harping on the rubber price increase. The demand for rubber for the past 9mths shows the demand is not there at all. Dropping since q1 to now q3. Rubber price increase got wat use. hokpin      ( Date: 14-Nov-2020 15:05) Posted: Shadow, totally disagree with your points. STA not only glove business, the price of its natural rubber has surged 50% higher since Apr 20. shadow11      ( Date: 14-Nov-2020 14:40) Posted: I already said the rubber division is making a loss. 1St q till 3rd q. Down about 50%. No loss meh. The profit from glove division cover the hole nia. This explain the share price still at 1.20.hahaa. Holding for so long still 1.20. Hwhhaah
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Dannkh Master	14-Nov-2020 15:05        Dannkh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thks Joseph for your posting. As usual, it is full of facts & opinions backup with reasons. Do take care of your health. limjoeseph      ( Date: 14-Nov-2020 13:51) Posted: Double whammy for STA and STG to drop overshoot its downside reaching oversold condition short term technically as compared to another Thai listed rubber company NER and other Msian gloves counters. STA first corrected itself down due to recent rubber price correction and was slammed downwards by the success of vaccine news after the Thai mkt close. Who sold the Thai mkt down then?? I checked and found out from the Thai NVDR reporting on 2 days into the most recent drop of STA Thai hitting 24.10 bahts low and STGT hitting 67.75 bahts was heavy liquidation by a foreign institution probably against their earlier March low purchase (profit taking) but at the same time buying NVDR shares of a cheaper priced share NER company. I call the activity as rotational play. Surprising the Msian gloves companies recent fall on vaccine news did not match STGT price fall as well as NER fall did not match STA proce fall in percentage terms. I call the recent selloff in STGT and STA irrational selling on short term negative news event but I doubt very much will derail the present medium to long term uptrend which is still intact basis on strong earning visibility fir the next 12 months. For the past 2 days of crap out, STA Thai hit below my short term buying zone of 27.50 bahts whilst STGT hit below my buying zone of 72.50 bahts and STA Sing hitting S$1.16 below my buying zone of S$1.20. My synosis now: Short Term: Neutral but having to climb a "WALL OF WORRY" after mkt digests the vaccine news before turning uptrend again on above mkt expectations of better 3rd quarters results release on 13 Nov. Medium Term: Uptrend still intact. Long Term term: Uptrend still intact. Contra or short term mkt particpants will look towards news event and short term technicals to decide the short term trend of the mkt. As an avid long term investor in STA/STGT, I look at earnings visibility for the next 12 months to stay invested for a buy amd hold investment which is the life life of any company. Besides I get to enjoy this coming dividend payout by STA/STGT between 7 and 9 december which is better than parking my money in the bank to earn oittance interest. Next week after the STA/STGT incestors conference call, all analysts will probably start adjusting their proce targets as STGT/STA earnings far exceeded their mkt expectations.
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hokpin Supreme	14-Nov-2020 15:05        hokpin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Shadow, totally disagree with your points. STA not only glove business, the price of its natural rubber has surged 50% higher since Apr 20. shadow11      ( Date: 14-Nov-2020 14:40) Posted: I already said the rubber division is making a loss. 1St q till 3rd q. Down about 50%. No loss meh. The profit from glove division cover the hole nia. This explain the share price still at 1.20.hahaa. Holding for so long still 1.20. Hwhhaaha limjoeseph      ( Date: 14-Nov-2020 14:26) Posted: Haha Shadow 11, you have finally showed up to discredit me again. Please tell me whether STA rubber division lost money like you professed previously. You never bother to find out how I could gain access to the real results of STA and STGT before it was even posted on SGX website in the night. I feel like you are just jealous of me of my priveleged info. I stand my my conviction that I am still holding long on my STA Thai and Sing porfolios including STGT. You need not cut and paste fron STA Chat Group from a person named Ryan that he spoke to me which was utter bullshit that I sold out my long STA Sing at S1.19 bought at S$1.17. Many mkt participants from STA Chat Group are looking for me but I left the group not so long ago. Sone even at least bother to check on my credentials in LINKEDIN to verify that I was infact from the rubber fraternity unlike you who has no credibility by the way you pass judgemental on me even withiut doung yiur own due diligence on me. I suggest you stop all your silly nonsense and be more constructive on any opposing bear views should you have any as this is a shared forum and not be offensive towards others to earn the respect of other fair minded mkt participants who pen in this forum!!!
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