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Thai Sri Trang sets IPO price at S$1.20 Post Reply Rate topic
Tuestar Member	29-May-2020 11:16        Tuestar About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thank Wind for spending time to response and sharing your insight.   Wind22i      ( Date: 29-May-2020 11:10) Posted: So just for discussion sake, in the "new normal" a lot of industry that dont usually buy gloves from them, now also has become their customer. So not just healthcare but retail, hotel, airlines , manufacturing, services etc all will wear gloves for hygene and prevention.. post covid the demand will continue to grow driven by these new clients.. And who knows by 2025 another virus...every fews years got some virus.. sars, bird flu, now covid.. Also a lot of fund mgr is also repositioning their fund into glove stocks as the other industry is all not going to be good in next 1 year..and other industry share price is no good.. so they need to "reposition" to show their fund is outperforming in the covid crisis.. Ok good luck. Tuestar      ( Date: 29-May-2020 10:47) Posted: pardon my ignorance, 2025 seemingly far away. what will happen when covid19 starts to die down and demand for such supply falls? But of course if everyone remains on their toes and maintain the demand, it will be good
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Wind22i Supreme	29-May-2020 11:10        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	So just for discussion sake, in the "new normal" a lot of industry that dont usually buy gloves from them, now also has become their customer. So not just healthcare but retail, hotel, airlines , manufacturing, services etc all will wear gloves for hygene and prevention.. post covid the demand will continue to grow driven by these new clients.. And who knows by 2025 another virus...every fews years got some virus.. sars, bird flu, now covid.. Also a lot of fund mgr is also repositioning their fund into glove stocks as the other industry is all not going to be good in next 1 year..and other industry share price is no good.. so they need to "reposition" to show their fund is outperforming in the covid crisis.. Ok good luck. Tuestar      ( Date: 29-May-2020 10:47) Posted: pardon my ignorance, 2025 seemingly far away. what will happen when covid19 starts to die down and demand for such supply falls? But of course if everyone remains on their toes and maintain the demand, it will be good. Wind22i      ( Date: 29-May-2020 10:38) Posted: Its possible for it to be world #2 by 2025 If ipo successful they plan in 5 yrs to grow capex to 50bil Now it has 8 to 10% of world glove market share. While , topglove has around 26 to 30% of world market
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wenyen Master	29-May-2020 11:09        wenyen About Contact  Quote this Post!
x 0   x 0  Alert Admin	After 3 long green candles must retrace abit then can push up higher Next week showtime 1.78
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ckyee82 Member	29-May-2020 10:56        ckyee82 About Contact  Quote this Post!
x 0   x 0  Alert Admin	thanks a lot for such motivated saying
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LowLow12 Elite	29-May-2020 10:54        LowLow12 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I know everyone here vested very excited. See you next week $1.78 Hit there then we can see $2 soon Accumulation yesterday and today Waiting for the right moment big buy ups Stay tune
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Tuestar Member	29-May-2020 10:47        Tuestar About Contact  Quote this Post!
x 0   x 0  Alert Admin	pardon my ignorance, 2025 seemingly far away. what will happen when covid19 starts to die down and demand for such supply falls? But of course if everyone remains on their toes and maintain the demand, it will be good. Wind22i      ( Date: 29-May-2020 10:38) Posted: Its possible for it to be world #2 by 2025 If ipo successful they plan in 5 yrs to grow capex to 50bil Now it has 8 to 10% of world glove market share. While , topglove has around 26 to 30% of world market. LowLow12      ( Date: 29-May-2020 10:22) Posted: If TOP glove is $5 Sri Trang easily $3.50 33bil ipo to expand to 55 bil and should be world number 2 bah Winning supermax anytime Now $1.42 is dirt cheap Only uob covers research buy for Sri Trang so far Wait for DBS and cimb all come issue buy call and it will fly past riverstone anytime
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wenyen Master	29-May-2020 10:40        wenyen About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes.. I waiting for retrace load up more LowLow12      ( Date: 29-May-2020 10:22) Posted: If TOP glove is $5 Sri Trang easily $3.50 33bil ipo to expand to 55 bil and should be world number 2 bah Winning supermax anytime Now $1.42 is dirt cheap Only uob covers research buy for Sri Trang so far Wait for DBS and cimb all come issue buy call and it will fly past riverstone anytime
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Wind22i Supreme	29-May-2020 10:38        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	Its possible for it to be world #2 by 2025 If ipo successful they plan in 5 yrs to grow capex to 50bil Now it has 8 to 10% of world glove market share. While , topglove has around 26 to 30% of world market. LowLow12      ( Date: 29-May-2020 10:22) Posted: If TOP glove is $5 Sri Trang easily $3.50 33bil ipo to expand to 55 bil and should be world number 2 bah Winning supermax anytime Now $1.42 is dirt cheap Only uob covers research buy for Sri Trang so far Wait for DBS and cimb all come issue buy call and it will fly past riverstone anytime
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LowLow12 Elite	29-May-2020 10:22        LowLow12 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If TOP glove is $5 Sri Trang easily $3.50 33bil ipo to expand to 55 bil and should be world number 2 bah Winning supermax anytime Now $1.42 is dirt cheap Only uob covers research buy for Sri Trang so far Wait for DBS and cimb all come issue buy call and it will fly past riverstone anytime
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commando Master	29-May-2020 10:20        commando About Contact  Quote this Post!
x 0   x 0  Alert Admin	Top alr passed 5! Omg tofudidi      ( Date: 29-May-2020 10:15) Posted: same here... could have entered at mid $2 Tuestar      ( Date: 29-May-2020 10:12) Posted: i keep telling myself its to high to enter but it just goes high :
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LowLow12 Elite	29-May-2020 10:20        LowLow12 About Contact  Quote this Post!
x 0   x 0  Alert Admin	That seller may be depleted by now Looking At last one hour trade If the price goes up 144/145 without selldown then we are all game to break $1.78 next week Fatt Fatt
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ckyee82 Member	29-May-2020 10:16        ckyee82 About Contact  Quote this Post!
x 0   x 0  Alert Admin	hope so....thanks for giving encouragement ...
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tofudidi Supreme	29-May-2020 10:15        tofudidi About Contact  Quote this Post!
x 0   x 0  Alert Admin	same here... could have entered at mid $2 Tuestar      ( Date: 29-May-2020 10:12) Posted: i keep telling myself its to high to enter but it just goes high :( tofudidi      ( Date: 29-May-2020 10:07) Posted: top glove is insane... $5 soon
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Tuestar Member	29-May-2020 10:12        Tuestar About Contact  Quote this Post!
x 0   x 0  Alert Admin	i keep telling myself its to high to enter but it just goes high :( tofudidi      ( Date: 29-May-2020 10:07) Posted: top glove is insane... $5 soon
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tofudidi Supreme	29-May-2020 10:07        tofudidi About Contact  Quote this Post!
x 0   x 0  Alert Admin	top glove is insane... $5 soon
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wenyen Master	29-May-2020 10:06        wenyen About Contact  Quote this Post!
x 0   x 0  Alert Admin	At 1.39 for 30min alr..
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LowLow12 Elite	29-May-2020 09:48        LowLow12 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Collecting price is 138-140 yesterday and today Let?s see this guy has how much left
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wenyen Master	29-May-2020 09:43        wenyen About Contact  Quote this Post!
x 0   x 0  Alert Admin	It' s a Friday thing haha wait for next Mon can push towards 1.78 LowLow12      ( Date: 29-May-2020 09:42) Posted: Relax Once the sellers exhausted It will zoom up As like all other mid caps Am looking forward to see next week new high Today is a off day Nothing much to see
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LowLow12 Elite	29-May-2020 09:42        LowLow12 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Relax Once the sellers exhausted It will zoom up As like all other mid caps Am looking forward to see next week new high Today is a off day Nothing much to see
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ferarri79 Senior	29-May-2020 09:37        ferarri79 About Contact  Quote this Post!
x 0   x 0  Alert Admin	demand definitely cant change overnight but general market sentiments and how much a buyer valued the stock price will affect it. it can be deeply undervalued compare to peers but market is never rational
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