| Latest Forum Topics / Sri Trang Agro Last:0.72 -- |
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Thai Sri Trang sets IPO price at S$1.20
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tritonyeah666
Elite |
12-Nov-2020 15:02
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okay, then get ready for the sell down next week. see if 1 dollar STA will scare anyone. | ||||
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alvinlsm
Veteran |
12-Nov-2020 14:58
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Yup , stock is just like gambling . Who knows Medtech when they are at $0.26 . My friend did @ he told me to buy that time . I was wondering are you serious ??? ( medtech is a company without any fundamental ) In the end , he bought and keep it until $1.80 then sell ( He made alot ) 6 times and he has invested 100 lot . On and off i have bought Medtech but never keep LONG as i still feels they are not so safe but who knows they really Shot till $1.80 . STA on the other hand has the fundamental but market sentiment is not there . A lot of peope still do not know STA . But i seen in Sept and Oct , the buy in volume has increased tremdously . Seems that alot of investors starts looking at this company . It is just UNLUCKY that this vaccine news came on few days before quarterly report . They made more monies in the first half of 2020 than medtech , riverstone and UG . What I am looking at is their RUBBER businness and not their Gloves . IF this counter is mainly GLoves , i wont invested so much as gloves overall is a very risky play . I may be wrong , but just my luck to invest wrongly . What to do ? Just hold and wait for miracle then .
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yoyo123
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12-Nov-2020 14:48
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only Time will tell whether the company business is affected due to covid (and will resume back to pre covid demand) , whether the vacinne is really ready, whether the vacine is effective, whether there is raw material/capacity to support global demand in such a short time. the future is still a ?    |
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alvinlsm
Veteran |
12-Nov-2020 14:35
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Beware of RS !  No doubt this quaterly report will have an atonishing results for all to see. But how will the market response to it next weeK ? I do not think i can see 1.5 next week , but i am holding it LONG . $1.5 will defintely come . Cos now of the vaccine news , it has been a big impact for all medical and gloves sector .
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yoyo123
Member |
12-Nov-2020 14:35
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Agree, RS n STA , their business r diversify. for STA, they have  distribution and warehousing facilities in China which were set up to cater to the growing China market. Win-Win for this period of time !  | ||||
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Superfast
Supreme |
12-Nov-2020 14:30
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Thats y... I vested in RS n STA.
But nasically, gloves will still be in high demamd
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yoyo123
Member |
12-Nov-2020 14:28
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haha, if people are scared of medical should invest here. there is rubber and gloves. Either fail - vacines dont work, there is gloves, vacinnes work, there is demand for rubber + more gloves needed for injection of vacines.    |
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Superfast
Supreme |
12-Nov-2020 14:27
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Exactly... Thanks for sharing...
Especially for triton...
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alvinlsm
Veteran |
12-Nov-2020 14:20
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You did your homework well like me :)
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kennyzeng21
Member |
12-Nov-2020 14:13
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He is not always correct to be honest. During the rally he was very silent. Who dunno when vacinne news out medical will drop? Idiots also know. But idiot dunno STA is a double play. Economic recovery is also good for STA. In fact super good for them as approx 70% of their business is in rubber in the likes of tyres. No doubt sales in their gloves will drop when the dust settle down which I foresee maybe in 2 to 3 yrs time, but I believed the whole society and various industries will change. Gloves will be used more frequently, maybe extended to tourism industries hotels especially. And  I think a lot dunno what a vacinne is, they equate vacinne to a elixir, once u eaten u wun get sick.  Below is an abstract from: https://www.sciencemag.org/news/2019/04/how-long-do-vaccines-last-surprising-answers-may-help-protect-people-longer  regarding flu vacinne " In a 2018 review of 11 recent studies on the durability of influenza vaccines, researchers concluded that effectiveness can vanish as soon as 90 days after vaccination. The article, published in  Clinical Infectious Diseases, further noted that 20% of Americans received their flu vaccines for a given season by the end of September&mdash which means the vaccine may do nothing come peak flu spread in January and February. " The further away you get from your vaccine, the higher the risk that you' ll contract influenza," says study co-author Kunal Rambhia, a drug delivery specialist working on a Ph.D. at the University of Michigan in Ann Arbor. " This has huge implications."     The main thing for a vacinne now is to control an OUTBREAK that crippled our economy. But to totally eliminate Covid-19 virus, I dunno if it' s possible especially this is asymptomatic. So with this virus still lurking around, and vacinne effectiveness and durability not confirm. It' s still better to practise good hygiene. Wash ur hands, wear a mask, wear a glove if necessary. And not to mention countries will be more prepared to stockpile the essentials to prepare for the next pandemic.  I couldn' t give u an exact figure as to how much the sales(numbers and ASP) of gloves will decrease after the dust settled. I also couldn' t give u an exact figure how much the sales of their raw rubber to tyres manufacturer(and others) will increase by then. (clearer picture after their results is out) It will strike an equilibrium  definitely. Not to forget during this period many of their smaller competitors closed down. For gloves/ppe counters, I' m only vested in this, because I personally felt that STA main core business is a good hedge against decrease glove sales( if it happens) in the next few years.   
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Superfast
Supreme |
12-Nov-2020 14:03
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He will ask u buy TS.... 😂
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yoyo123
Member |
12-Nov-2020 13:58
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can he tell me what stock will go up tomorrow ? when he wrote something bad and Sri Trang stock react postive (he faster delete it), but when the stock drop , he will just add even more salt and pepper to it.  | ||||
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OngBak
Veteran |
12-Nov-2020 13:48
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Wah, so power ah. Then all investors on this stock y must wait until tomorrow??
Today make it $1 liao lo.. lol
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Superfast
Supreme |
12-Nov-2020 13:48
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Bcos he is triton.... Always forsee the future in his dream....,
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alvinlsm
Veteran |
12-Nov-2020 13:45
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Brilliant! You can foreseen the future .
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OngBak
Veteran |
12-Nov-2020 13:45
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Cos it did not surge up so much like the others
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Superfast
Supreme |
12-Nov-2020 13:40
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Still ok la... Better than TS....
Not moving at all.... 😂
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tritonyeah666
Elite |
12-Nov-2020 13:22
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After results out, will get sell down to 1-1.10. Only results tml 6pm keeping it alive for now. Think of it as life support. | ||||
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shadow11
Veteran |
12-Nov-2020 13:11
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Wah this stock din kana sell down or not yet? | ||||
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alvinlsm
Veteran |
12-Nov-2020 12:20
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Precisely! But institutions won' t gamble on this as they are playing with clients money . That' s why all down so fast . Will have to wait again for the uptrend .
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