Latest Forum Topics /
Sri Trang Agro
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Glove counter with more than 261 pc upside!
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hantanbl
Senior |
16-Aug-2020 15:06
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of course. You are BB mah. 靠 您 了 !
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BB-trader
Veteran |
16-Aug-2020 15:02
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i will buy more on tomorrow. see who scare😂 😂
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hantanbl
Senior |
16-Aug-2020 14:53
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https://tickinsights.utrade.com.sg/2020/08/05/cfd-trading-buy-sri-trang-argonc2-sgx-1-39-stop-at-1-27-and-target-at-1-67/ Published on 05Aug before result out.  Tomorrow or day after, shortists might try to sell down & create panic so we will sell low for them to cover. Don' t fall into that trap because the price will re-bound quickly.    |
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wait4opp
Master |
16-Aug-2020 14:48
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The Citi report    target price of Sri Trang Agro to Bt71.00 (from Bt39.80), or the equivalent of  S$3.14. The Citi report authored by  Megat Fais, CFA raised its Sum-of-the-Parts target price of Sri Trang Agro to Bt71.00 (from Bt39.80), or the equivalent of  S$3.14. Citi said this is mainly on higher valuation for  Sri Trang Agro' s 56%-owned Sri Trang Gloves after revising higher its ASP assumptions for Sri Trang Gloves. At the Sri Trang Agro level, FY20-22E earnings are raised by 50-136%. Citi forecasted 4.6 billion baht net profit for 2020 (EPS: 2.99 baht,  13 sgd cents). Next year (2021) is expected to see a huge net profit:  9.3 billion baht (EPS: 6.06 baht,  27 sgd cents). Citi said the bulk of Sri Trang Agro' s TP is still derived from Sri Trang Gloves. Citi ascribed a higher holding company discount of 30% (previously: 10%) as the " muted outlook" at the parent company' s midstream businesses may see investors preferring to take a direct exposure to  Sri Trang Gloves.  |
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BullAllTheWay
Veteran |
16-Aug-2020 14:28
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Min $2.40 to sell.  | ||||
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LuckyCharm_SMS
Member |
16-Aug-2020 14:11
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Can please share the Citi TP report 🙏 | ||||
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BB-trader
Veteran |
16-Aug-2020 13:30
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short term expected 1.6~1.8, half of citi TP is 1.575!
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3dw1nchu4
Veteran |
16-Aug-2020 13:16
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We will be double dipping from (1) glove shortage, and (2) increased rubber prices due to increased activities of a recovering economy. My view is that STA will not run up like a glove counter, but it also will not crash like one, because it benefits from both scenarios.
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Battle123
Elite |
16-Aug-2020 12:51
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why will chiong this coming week 1. pls go read the world news, whole world still shortage of ppes, in demand at least another year even if there' s vaccines found 2. recent execellent results beating far beyong analyst estimations (surprised) 3. heard that shortist not much power, borrowing shares not much left and maintaining at high interest ( how much/long can they tar han) 4. sell on news ?  think again pe ratio , tis greatly undervalue 5. chartists guys say will fly up up so what do u think don anyhow buy or sell  
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johnyap89
Veteran |
16-Aug-2020 12:48
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sure. good luck :)  
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papayaface
Supreme |
16-Aug-2020 12:45
Yells: "This is the best time to enter....when everythings uncertain" |
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Sorry bro. I am not a shortist and i dont have any position on STA. So im not here to manipulate any thing. Yes i agree that there are bbs in control of every counter, so try to sound like another one. Good luck 
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johnyap89
Veteran |
16-Aug-2020 12:42
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can see that there are many shorties like you as well trying to ' manipulate' this counter. but sadly the truth is that bbs are already in control. whether we talk up or talk down bbs still have the final say.  
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papayaface
Supreme |
16-Aug-2020 12:38
Yells: "This is the best time to enter....when everythings uncertain" |
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Ya, you can read that there are many trying to manipulate the counter because they have vested interest. Better to avoid this counter than be sorry later. Good luck     
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Tracer63
Elite |
16-Aug-2020 11:50
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Citi TP for STA 3.14 TP for UG 4.15 | ||||
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look@bright
Elite |
16-Aug-2020 10:31
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Most  undervalued  glove stock -  SRI TRANG AGRO  (SGX:NC2) net profit jumped 333.5% YoY. | ||||
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johnyap89
Veteran |
16-Aug-2020 10:25
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bbs were accumulating previously so they had to press down the price. shorts just made it worst.
with sufficient accumulation, its a no brainer for the bbs that if they push on monday, many shorties will help them push further. half the effort for twice the result. |
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alvinlsm
Veteran |
16-Aug-2020 09:58
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Anything more than 1.5 is a bonus 
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BB-trader
Veteran |
16-Aug-2020 09:57
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medtec 1.61now, hope this one to 1.59 next week😃
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alvinlsm
Veteran |
16-Aug-2020 09:43
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Yup this is a stupid counter ! Do not have high expectation like medtec ! | ||||
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look@bright
Elite |
16-Aug-2020 09:32
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Let' s Chiong tmr! | ||||
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