Latest Forum Topics /
Sri Trang Agro
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Glove counter with more than 261 pc upside!
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limjoeseph
Supreme |
17-Aug-2020 14:36
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Latest TP released this morning: UOB 42 Baht (S$185.50) Phillips 26.50 (S$1.17) Kasikorn Thailand 43 Baht (S$1.90) Citi Reseach 71 Baht (S$3.13) released on 10 August. More updates to come. | ||||
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1c2e3s
Veteran |
17-Aug-2020 14:34
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i cant short bcz i buy high since ipo. joseph n my thai friend mention this has keep for long term investment
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ryanlimbk
Member |
17-Aug-2020 14:19
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https://www.nextinsight.net/story-archive-mainmenu-60/943-2020/13707-sri-trang-agro-citi-says-it-s-inexpensive-proxy-to-world-s-3rd-largest-glove-maker?idU=3 | ||||
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look@bright
Elite |
17-Aug-2020 14:18
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even got vaccine, medical staff also need wear protective glove right for the injection. | ||||
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BullAllTheWay
Veteran |
17-Aug-2020 14:17
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then you short at 1.24 bro. AND hold.
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WBdisciple
Elite |
17-Aug-2020 14:16
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Vaccines takes decades of research (not to mention billions of dollars) to ensure it is safe for humans...who can tell what will happen after 1year, 2 years or even 10 years after taking the vaccine. Experts/WHO have also highlighted this...go google it..   |
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1c2e3s
Veteran |
17-Aug-2020 14:02
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i believe you have vested, jus  like me. my tot is similar as you in e past. but i have spoken to my thai friend and it matches what joseph opinion it for long term. the short will keep on short  bcz of protest and russian chinese vaccine during this few day. 
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Robbie36
Member |
17-Aug-2020 13:13
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Speculative stock? Not only do we have clear earnings visibility with accelerating earnings over the next year (as pointed out by Joeseph) but STA is currently trading at a P/BV < 1.0x. I would have thought the ability to buy a rubber glove manufacturer at ' below book value' in the middle of a pandemic is a gift from the investment Gods rather than ' speculative' . It is only speculative if you speculate on short term price rather than value... | ||||
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1c2e3s
Veteran |
17-Aug-2020 13:00
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its speculative stock. the stock doesnt  go logic flow
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linguist
Veteran |
17-Aug-2020 12:54
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https://research.sginvestors.io/2020/08/sri-trang-agro-industry-uob-kay-hian-research-2020-08-17.html   |
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albeniz
Veteran |
17-Aug-2020 12:50
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Vaccines so fast becomes available, don' t need to go through stringent test phases before applying on human meh? | ||||
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small_cap
Member |
17-Aug-2020 12:45
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Chill la all glove counters drop like grapes this one still green green Want instant win go  play big small at RWS or MBS la   |
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Superfast
Supreme |
17-Aug-2020 12:42
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Won't be that soon...
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Weiwulah
Member |
17-Aug-2020 12:39
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Agree with bro joseph... thanks! Company is profitable, products are needed globally, business is scalable, price is really very undervalued. The only downside is their bosses too humble, like not good at branding and doing high profile actions to get attention 😅 End up becoming easy prey for the jackals and vultures to short it non-stop. I lost a few hundreds from this when it crashed from 1.7.. will hold on to my holdings to earn it back :) dyodd!
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Jackwoo
Veteran |
17-Aug-2020 12:39
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All gloves counter dropped because China announce today that vacinne available soon. NORIYUKI TAKADA, Nikkei advanced medicine editorAugust 17, 2020 05:07 JST China has emerged as a  leader in  novel  coronavirus vaccines, a development that  will enhance it as a global power but also raises concerns over safety and the potential for Beijing  to use its status  in  territorial disputes. The country  has nine vaccine candidates  in clinical trials, including five in  Phase 3, the final stage of the process toward approval. This achievement  is the result of years of  state-led research on infectious diseases. Last week,  Chinese drugmaker  CanSino Biologics announced it would conduct a Phase 3 trial in Saudi Arabia with  5,000 volunteers. Of the 29 new  vaccines in clinical trials around the world, nine are  in China, the most of any  country. Of the seven that are in Phase 3, China has five. Chinese vaccines are expected to be in practical use as early as the next few months. |
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1c2e3s
Veteran |
17-Aug-2020 12:37
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please trade carefully.i heard they cud short further more  
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3dw1nchu4
Veteran |
17-Aug-2020 12:34
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I trust you bro Joeseph. Going to put my 120 lots under my pillow for the next few months.  ![]()
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albeniz
Veteran |
17-Aug-2020 12:32
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That would be a good time to load some more.
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limjoeseph
Supreme |
17-Aug-2020 12:29
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STGT just correcting its differential to STA Thai as following Msian gloves drop!! Keep faith, my friends as I keep harping STA is not a speculation counter but a buy and hold for a 6 to 12 months period on strong earnings for few more quarters into 1st half June on humongous profit contributions from STGT of 56%. You have done your due diligence, just stay invested and dispel all short term noises if you are not taking a speculative view . Stay firm in your conviction that STA is a well manage company with strong forward earnings to enjoy the fruits of your labour. | ||||
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shk363
Elite |
17-Aug-2020 12:04
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maybe 120 also cannot hold | ||||
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