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Thai Sri Trang sets IPO price at S$1.20 Post Reply Rate topic
kennyzeng21 Member	14-Nov-2020 13:39        kennyzeng21 About Contact  Quote this Post!
x 0   x 0  Alert Admin	share? npnt :)  shadow11      ( Date: 14-Nov-2020 13:03) Posted: Wah the one claim from rubber industry one scared. Sold some lot at 1.19. Kana expose at a group chat Wbbahaha Tok so much and ended up sold some lot. Whaaha
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yoyo123 Member	14-Nov-2020 13:16        yoyo123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	i think from this article: https://www.msn.com/en-in/news/world/volunteers-face-severe-hangover-headache-and-pain-after-getting-pfizer-vaccine-shot/ar-BB1aVzQB  too many news on vacinne, fyi.
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Sgvale Supreme	14-Nov-2020 13:09        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think most like me will let others try vaccinated first. If they are ok for the next 6 months with no side effects, then i will try. alvinlsm      ( Date: 14-Nov-2020 12:33) Posted: News came out ? OngBak      ( Date: 14-Nov-2020 12:12) Posted: Volunteers face 'severe hangover', headache and pain after getting Pfizer vaccine shot.
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ultimatron Member	14-Nov-2020 13:07        ultimatron About Contact  Quote this Post!
x 0   x 0  Alert Admin	No head no tail shadow11      ( Date: 14-Nov-2020 13:03) Posted: Wah the one claim from rubber industry one scared. Sold some lot at 1.19. Kana expose at a group chat Wbbahaha Tok so much and ended up sold some lot. Whaaha
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Superfast Supreme	14-Nov-2020 13:05        Superfast About Contact  Quote this Post!
x 0   x 0  Alert Admin	Prevention is better than cure... Huat ha Wealth98      ( Date: 14-Nov-2020 13:01) Posted: Bro , these will be the common symptoms that a healthy person will go through , some will suffer severe symptoms   , some minor for a day or two .. but what concern me was a survey was done that there will be a significant amount of people who will opt out or will not take the Covid vaccine , so how successful will it be to bring down or totally destroy Covid-19 is still everyone' s guesses .. so the safest and best cure for now and the future is prevention , gloves is the prevention .  OngBak      ( Date: 14-Nov-2020 12:12) Posted: Volunteers face 'severe hangover', headache and pain after getting Pfizer vaccine shot.
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shadow11 Veteran	14-Nov-2020 13:03        shadow11 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wah the one claim from rubber industry one scared. Sold some lot at 1.19. Kana expose at a group chat Wbbahaha Tok so much and ended up sold some lot. Whaaha
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Wealth98 Veteran	14-Nov-2020 13:01        Wealth98 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro , these will be the common symptoms that a healthy person will go through , some will suffer severe symptoms   , some minor for a day or two .. but what concern me was a survey was done that there will be a significant amount of people who will opt out or will not take the Covid vaccine , so how successful will it be to bring down or totally destroy Covid-19 is still everyone' s guesses .. so the safest and best cure for now and the future is prevention , gloves is the prevention .  OngBak      ( Date: 14-Nov-2020 12:12) Posted: Volunteers face 'severe hangover', headache and pain after getting Pfizer vaccine shot.
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hokpin Supreme	14-Nov-2020 12:38        hokpin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ready the fly in this counter next Monday!
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alvinlsm Veteran	14-Nov-2020 12:33        alvinlsm About Contact  Quote this Post!
x 0   x 0  Alert Admin	News came out ? OngBak      ( Date: 14-Nov-2020 12:12) Posted: Volunteers face 'severe hangover', headache and pain after getting Pfizer vaccine shot.
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OngBak Veteran	14-Nov-2020 12:12        OngBak About Contact  Quote this Post!
x 0   x 0  Alert Admin	Volunteers face 'severe hangover', headache and pain after getting Pfizer vaccine shot.
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yoyo123 Member	14-Nov-2020 11:34        yoyo123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.malaymail.com/news/money/2020/11/13/global-rubber-price-to-rise-in-h2-2021/1922288 hope more coverage on it, competitive advantage: selective selling strategy to maximise profit ---- this company is doing RUBBER and GLOVE (dont panic if vacines news out, dont panic if rubber price drop)  there is concern that rubber price will fall (probably if more cases + restriction or vacines delay), they will go for GLOVE with ASP increase again.  if look at Future market, demand for rubber will increase (which China already recovering at a fast pace) and Sri Strang already tag on this huge market, they can go for NR, rubber price increase.  Btw went to NDC yesterday, and saw one clinic room at least have 4 boxes of gloves (which comes with different sizes and different usage), + to administer vacines worldwide, imagine the amount of gloves required.  Both Glove and NR demand may change in this uncertainty period now, which will affect other counters, but not for Sri Strang as it has this selective selling strategy and they are rewarding good dividend for the investors.  Hope can atttract more long term investors into this counter.  Again DYODD as shortist will take advantage of this positive news. haizzzz
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Jeanny Member	14-Nov-2020 11:31        Jeanny About Contact  Quote this Post!
x 0   x 0  Alert Admin	I don' t expect it to be the same. Last round no dividends. This time xd on 27 Nov, so many will hold.  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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Wealth98 Veteran	14-Nov-2020 11:27        Wealth98 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Well all , lets put it in this way , with or without vaccine ,in good or bad times ,   gloves will still be badly needed from now on . Robbie36      ( Date: 14-Nov-2020 11:10) Posted: Also of note is that STA' s share price is still below its book value of Bt29.7 (end Sept 2020)....
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Robbie36 Member	14-Nov-2020 11:10        Robbie36 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Also of note is that STA' s share price is still below its book value of Bt29.7 (end Sept 2020)....
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Robbie36 Member	14-Nov-2020 11:00        Robbie36 About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://stgt.listedcompany.com/newsroom/131120201848320867E.pdf From the STGT management discussion ' Our order backlog currently extends to 1Q22 for NR gloves and mid-2023 for NBR gloves' There is plenty of time for the share price of STA to catch up with the fundamentals...
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Wealth98 Veteran	14-Nov-2020 10:53        Wealth98 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Think Stanley, think , on friday all the glove counters rebounded and are on the recovering stage after the crashed .    Do not compare STA current earnings with the last round earnings as majority investors then , from retailers to institutionas already parked their money on other Glove counters including ppe counters like Medtec and prior to STA earning in the last quarter, STA shares also surged before the announcement, that was why it went up and dip down .    Should Pfizer didnt announced their premature Vaccine successful rate , STA could still be steadily hovering at $1.5xx range as on friday before announcement and it could probably rally up to $2.0 or more after announcement .. so as of now , sadly , STA current share price closed at $1.21 , way way under valued .. and I strongly believe there will be a huge surge on monday , let us all prepare for a parabolic movement on STA Chart on monday . So if i were you , i will jump on the wagon for the last ride of 2020 . 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 02:26        limjoeseph About Contact  Quote this Post!
x 0   x 0  Alert Admin	When Earnings grow, valuation becomes cheaper, STA share price will rise eventually as it will have to climb a "WALL OF WORRY" amidst media hypes of vaccine success which till date is unproven as people still contact flu during the flu season into the fall and winter season into the Northern Hemisphere although having yearly flu innoculation. It sounds simple but its the truth that STA is not only undervalued but dirt cheap at current share price. Due diligence is warranted.
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Ligaya Master	14-Nov-2020 02:01        Ligaya About Contact  Quote this Post!
x 0   x 0  Alert Admin	Reading your unparagraphing sentences again, welcome back limjoeseph      ( Date: 14-Nov-2020 01:47) Posted: STGT (STGT TB, Buy, TP THB117) ? 3Q20 NP of THB4.4b beat consensus estimate by 31% and ours by 29% STGT?s 3Q20 NP jumped to THB4,402m (+3,465% y-y, +316.5% q-q), beating BBG?s consensus estimate by 31% and our forecast by 29%, driven by a higher average selling price (ASP) to USD36.3 per 1,000 pieces (ptp) (+89% y-y, +73% q-q) thanks to the strong demand growth from COVID-19 2), that more than offset the lower sales volume to 7.14b (+42.8% y-y, -3.2% q-q) due to the shipping logjams mainly in US market and the higher raw material costs of natural rubber (NR) latex (+3.4% y-y, +10.8% q-q) and nitrile butadiene rubber (NBR) (flat y-y, +18.6% q-q), thanks to the rising demand from the automotive industry. Excluding a non-operating gain of THB151m (FX gain of THB139m, other loss of THB108.8m, THB78.6m refund from the Rubber Authority of Thailand (RAOT), and THB42m other expense), core NP jumped to THB4,251m (+4,704% y-y, +300% q-q). STGT?s utilisation rate remained high at 95%. While 3Q20 revenue rose 170% y-y, EBITDA jumped 1,359% y-y, as the EBITDA margin surged to 60.9%, up from 30% in 2Q20 and 11.3% in 3Q19. The gross margin leaped to 60.3%, up sharply from 29.2% in 2Q20 and 10.9% in 3Q19, despite a marginal rise in ASP (+5% y-y, +10% q-q) driven by the rising ASPs. The net margin escalated to 54% in 3Q20, up from 22% in 2Q20, thanks to 32% y-y lower financing costs as STGT repaid THB2.1b at end-2Q20. We project STGT?s NP to continue growing in 4Q20-2021, driven by 1) higher ASPs from USD36.3ptp in 3Q20 to USD40ptp in 4Q20, and USD35-45ptp in 2021, more than offsetting our projected 32-54% y-y higher rubber costs in 2021 2) a full backlog for NR gloves to 4Q21 and NBR gloves to 4Q22 with higher ASPs and a utilisation rate of 95%. STGT?s THB4.84b outstanding debt has a low 3% interest rate due to a subsidy from RAOT with low D/E of 1.63 at end-3Q20. #FSSIA
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Ligaya Master	14-Nov-2020 01:53        Ligaya About Contact  Quote this Post!
x 0   x 0  Alert Admin	there will be value re-rating for analysts due to better visual on the rubber commodity and RCEP potentials  if market sentiment on covid vaccines is anti-glove, then skip the pure gloves and go Hybrid
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alvinlsm Veteran	14-Nov-2020 01:53        alvinlsm About Contact  Quote this Post!
x 0   x 0  Alert Admin	Do you know that their dividend payout is the highest in the market now ?? ( correct me if I am wrong ) . People will buy their stock to get the dividend. Somemore it is supporting nicely at 1.2 . How much they can go lower with such a good earnings report ?
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