Back

Latest Forum Topics / Sri Trang Agro    Last:0.71    +0.005

Post Reply

Thai Sri Trang sets IPO price at S$1.20 Post Reply Rate topic
ozone2002 Supreme	28-May-2020 09:22        ozone2002 About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	Last:1.38      Vol:415k        +0.21 everyday rally, must learn how to take profit  gd luck dyodd
Useful To Me  Not Useful To Me
Wind22i Supreme	28-May-2020 09:18        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	7x fwd PE is cheap.. u know top glove their PE is in 80x range.. So sri trang if go up 3 to 4 bagger from now , its share price will then be sgd $4 to $5 also also the pe will just be 21x...
Useful To Me  Not Useful To Me
spec008 Veteran	28-May-2020 09:09        spec008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	You are the BEST BRO...thank you...HUAT HUAT HUAT LowLow12      ( Date: 28-May-2020 08:55) Posted: Bro, it?s not only cheapest but it?s dirt cheap Sri Trang has not only gloves business but rubber business Dirt cheap even at $2.50 Let?s see it double up in no time to catch riverstone Are we able to see a $1.50 by tomorrow ? Wind22i      ( Date: 28-May-2020 08:47) Posted: Sri trang is the cheapest..from the uobkh reporr their target for sri trang is 39.9 baht or sg 1.78.. now 1.20 still cheap ah... Forward pe for 2020 is just around 7x.. Its the 3rd largest glove manufacturer after topglove and supermax. Supermax profit in latest quarter increase by almost doubled..
Useful To Me  Not Useful To Me
Fluffyclouds Master	28-May-2020 09:08        Fluffyclouds About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Nice try shortist.
Useful To Me  Not Useful To Me
LowLow12 Elite	28-May-2020 08:55        LowLow12 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro, it?s not only cheapest but it?s dirt cheap Sri Trang has not only gloves business but rubber business Dirt cheap even at $2.50 Let?s see it double up in no time to catch riverstone Are we able to see a $1.50 by tomorrow ? Wind22i      ( Date: 28-May-2020 08:47) Posted: Sri trang is the cheapest..from the uobkh reporr their target for sri trang is 39.9 baht or sg 1.78.. now 1.20 still cheap ah... Forward pe for 2020 is just around 7x.. Its the 3rd largest glove manufacturer after topglove and supermax. Supermax profit in latest quarter increase by almost doubled..
Useful To Me  Not Useful To Me
LowLow12 Elite	28-May-2020 08:52        LowLow12 About Contact  Quote this Post!
x 0   x 0  Alert Admin	At this rate the thais are valuing Sri Trang Glove Ipo, I think will break past $2 in June I am curious to see if this will be more expensive than river stone one day. Riverstone 10.4 bil pieces per annum $2.20? Sri Trang Glove 33 bil pieces per annum( yet to ipo but in July ) then how much will it worth ? Just the glove alone business How much can it worth in July IPO? Perfect timing to list in this crisis . So how much can Sri Trang mother share benefit from its current price of $1.22 on opening? I will be seeing if Sri Trang price will surge past riverstone this year. $2-3 is a possibility if riverstone can trade $2.20 now wenyen      ( Date: 28-May-2020 08:39) Posted: 1.22 now alr!! Glory to Sri Trang tofudidi      ( Date: 28-May-2020 07:48) Posted: TODAY CONTINUE RALLY
Useful To Me  Not Useful To Me
tofudidi Supreme	28-May-2020 08:49        tofudidi About Contact  Quote this Post!
x 0   x 0  Alert Admin	THE BEST IS YET TO BE!!
Useful To Me  Not Useful To Me
Wind22i Supreme	28-May-2020 08:47        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sri trang is the cheapest..from the uobkh reporr their target for sri trang is 39.9 baht or sg 1.78.. now 1.20 still cheap ah... Forward pe for 2020 is just around 7x.. Its the 3rd largest glove manufacturer after topglove and supermax. Supermax profit in latest quarter increase by almost doubled..
Useful To Me  Not Useful To Me
wenyen Master	28-May-2020 08:39        wenyen About Contact  Quote this Post!
x 0   x 0  Alert Admin	1.22 now alr!! Glory to Sri Trang tofudidi      ( Date: 28-May-2020 07:48) Posted: TODAY CONTINUE RALLY
Useful To Me  Not Useful To Me
tofudidi Supreme	28-May-2020 07:48        tofudidi About Contact  Quote this Post!
x 0   x 0  Alert Admin	TODAY CONTINUE RALLY
Useful To Me  Not Useful To Me
LowLow12 Elite	27-May-2020 21:00        LowLow12 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sri Trang glove is 33 bil pieces per year now After ipo in July, they said will ramp up to 55 bil pieces to catch up with TOP competitors like kossan and TOP Glove. Sri Trang glove already 3rd in the world now and its easily to see why it is worth at least $1.78 Tomorrow GAP up chiong with the Thais
Useful To Me  Not Useful To Me
spec008 Veteran	27-May-2020 20:02        spec008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	good call bro tks for the heads up...looks promising Wind22i      ( Date: 27-May-2020 19:18) Posted: See top glove PE is 86x because its #1 in the world and the ceo is a superman and superhuman...its like apple..in the phone biz.. Supermax is #2 in world.. recently its qtr result profit has doubled..due to higher ASP..avg selling price.. Sri trang is still cheap and not bad, at #3 in world is like samsung... Recently sri trang earnings also good thats why analyst upgrade the TP to double 39.90 bhat.. or sg 1 78.. Its ipo of glove unit well timed and it can use the proceeds to expand capacity to catch up faster with top glove and supermax... It also has advantage of downstream rubber and latex supply is cheap plus the upstream glove will make it top 3 in world! LowLow12      ( Date: 27-May-2020 19:08) Posted: It took 21 days for riverstone to go up $1 to $2.18 Can only Wait to see the magic of the thais see can push Sri Trang to $2plus by quarterly results August
Useful To Me  Not Useful To Me
Justice888 Supreme	27-May-2020 19:34        Justice888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Riverstone pe is not 36x. 36 is based on last year income . Based on target price of $2.50. The PE is 22.7 You can refer to the following for the details https://research.sginvestors.io/2020/05/riverstone-holdings-cgs-cimb-research-2020-05-21.html?m=1 Wind22i      ( Date: 27-May-2020 19:04) Posted: Current pe is 25x and orward PE just 7x , even riverstone not that cheap.. its pe is 36x... So sri trang easily can double..or more .. It aim to be top 3 in world..after topglove and supermax...is sri trang already #3 in world! LowLow12      ( Date: 27-May-2020 18:53) Posted: Once the Sri Trang glove ipo takes off by July, I am sure it Will have double the price from now. Plus the August results All planned nicely A $2-3 is no issue Let the thais plan the pushing Singapore just follow Tomorrow will snatch on opening from the buyers again $1.35-$1.50 by Friday can ? That will make a glovy week
Useful To Me  Not Useful To Me
Wind22i Supreme	27-May-2020 19:18        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	See top glove PE is 86x because its #1 in the world and the ceo is a superman and superhuman...its like apple..in the phone biz.. Supermax is #2 in world.. recently its qtr result profit has doubled..due to higher ASP..avg selling price.. Sri trang is still cheap and not bad, at #3 in world is like samsung... Recently sri trang earnings also good thats why analyst upgrade the TP to double 39.90 bhat.. or sg 1 78.. Its ipo of glove unit well timed and it can use the proceeds to expand capacity to catch up faster with top glove and supermax... It also has advantage of downstream rubber and latex supply is cheap plus the upstream glove will make it top 3 in world! LowLow12      ( Date: 27-May-2020 19:08) Posted: It took 21 days for riverstone to go up $1 to $2.18 Can only Wait to see the magic of the thais see can push Sri Trang to $2plus by quarterly results August Wind22i      ( Date: 27-May-2020 19:04) Posted: Current pe is 25x and orward PE just 7x , even riverstone not that cheap.. its pe is 36x... So sri trang easily can double..or more .. It aim to be top 3 in world..after topglove and supermax...is sri trang already #3 in world
Useful To Me  Not Useful To Me
LowLow12 Elite	27-May-2020 19:08        LowLow12 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It took 21 days for riverstone to go up $1 to $2.18 Can only Wait to see the magic of the thais see can push Sri Trang to $2plus by quarterly results August Wind22i      ( Date: 27-May-2020 19:04) Posted: Current pe is 25x and orward PE just 7x , even riverstone not that cheap.. its pe is 36x... So sri trang easily can double..or more .. It aim to be top 3 in world..after topglove and supermax...is sri trang already #3 in world! LowLow12      ( Date: 27-May-2020 18:53) Posted: Once the Sri Trang glove ipo takes off by July, I am sure it Will have double the price from now. Plus the August results All planned nicely A $2-3 is no issue Let the thais plan the pushing Singapore just follow Tomorrow will snatch on opening from the buyers again $1.35-$1.50 by Friday can ? That will make a glovy week
Useful To Me  Not Useful To Me
Wind22i Supreme	27-May-2020 19:04        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	Current pe is 25x and orward PE just 7x , even riverstone not that cheap.. its pe is 36x... So sri trang easily can double..or more .. It aim to be top 3 in world..after topglove and supermax...is sri trang already #3 in world! LowLow12      ( Date: 27-May-2020 18:53) Posted: Once the Sri Trang glove ipo takes off by July, I am sure it Will have double the price from now. Plus the August results All planned nicely A $2-3 is no issue Let the thais plan the pushing Singapore just follow Tomorrow will snatch on opening from the buyers again $1.35-$1.50 by Friday can ? That will make a glovy week Wind22i      ( Date: 27-May-2020 17:38) Posted: So in conclusion the TP for sri trang is 39.90 bhat a share or if converted to SG =1.78 ! This is base on uobkh estimates and fwd PE of 7.6X... The cheapest among the gloves titans ...
Useful To Me  Not Useful To Me
Wind22i Supreme	27-May-2020 18:56        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	According to the report its 2020 earnings will be very high...it is already the #3 glove co in world...its earnings maybe 88% higher
Useful To Me  Not Useful To Me
LowLow12 Elite	27-May-2020 18:53        LowLow12 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Once the Sri Trang glove ipo takes off by July, I am sure it Will have double the price from now. Plus the August results All planned nicely A $2-3 is no issue Let the thais plan the pushing Singapore just follow Tomorrow will snatch on opening from the buyers again $1.35-$1.50 by Friday can ? That will make a glovy week Wind22i      ( Date: 27-May-2020 17:38) Posted: So in conclusion the TP for sri trang is 39.90 bhat a share or if converted to SG =1.78 ! This is base on uobkh estimates and fwd PE of 7.6X... The cheapest among the gloves titans ...
Useful To Me  Not Useful To Me
Wind22i Supreme	27-May-2020 17:38        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	So in conclusion the TP for sri trang is 39.90 bhat a share or if converted to SG =1.78 ! This is base on uobkh estimates and fwd PE of 7.6X... The cheapest among the gloves titans ...
Useful To Me  Not Useful To Me
Wind22i Supreme	27-May-2020 17:34        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	And sri trang current PE is 25X and their forecast PE is just 7X ..its still cheap.. But as u know top glove now PE 86X, because top glove is world # 1 and largest and best in the world...so it can have such pricing ...
Useful To Me  Not Useful To Me

                                                         First   < Newer   7701-7720 of 7800   Older>   Last