Sri Trang Agro    Last:0.71    +0.01

Glove counter with more than 261 pc upside!

good start

 

Looks like it opened higher on SET as well 

 

yea hold small rather than getting burnt with contra

guards80      ( Date: 14-Aug-2020 11:05) Posted: This one cannot play contra will burn until jialat one dealornotdeal      ( Date: 14-Aug-2020 10:09) Posted: dun feel sad . i got in at 1.48 . but still holding it tight!

 

This one cannot play contra will burn until jialat one

dealornotdeal      ( Date: 14-Aug-2020 10:09) Posted: dun feel sad . i got in at 1.48 . but still holding it tight!  kuala88      ( Date: 14-Aug-2020 10:03) Posted: thank you for your wise words of encouragement,  bought at 1,34 and almost feel like cut loss...

 

If all cover today it going to rocketup

3dw1nchu4      ( Date: 14-Aug-2020 10:10) Posted: Yesterday short sell vol was 10% of total shares traded, with an average shorted price of $1.21. You flinch, you lose! Burn the shorts! Burn the shorts!   Sri Trang Agro 1022400 SGD 1239122 https://api2.sgx.com/sites/default/files/reports/short-sell/2020/08/website_DailyShortSell202008131815.txt

 

11.30am

Charanko      ( Date: 14-Aug-2020 10:58) Posted: Note for the deadly 11am by one of the bro' s machine....

 

Note for the deadly 11am by one of the bro' s machine....

 

 

Dear Loyal supporters of STA shares. Today I share with you concerning my group of Asian business associates from the rubber fraternity holding about 40 million STA Thai shares at an average price of 28.25 Baht. We have done our due diligence already and we are a group of buy and investors with a 6 to 12 months horizon probably into 1st half June 20 after viewing rubber prices having bottom out for the rest of year since the March rubber price low of TSR 20 SICOM at 106.00 uscts/kg to a high few days ago of 133.2 uscts/kg for nearby contract trading month. We are not in to speculating in and out of the mkt but we can say STA is a solid well managed company basis their profitability at least for the next few quarters. Even before the 2nd quarters result release today' Citibank Research Dept has revised their target price from 39.80 Baht to 71 Baht as the base line with a bull case of 88 Baht and lower end of support at 22 Baht. What does Citibank know, that we do not know then even as we are involved with the rubber industry??

 

Well said!

limjoeseph      ( Date: 14-Aug-2020 10:34) Posted: Dear Friends, the key in STA next rally will be derived from STGT humongous net profits after the 3rd quarers result thereafter. Buckle your seat belt and enjoy the steady and gradual climb in STA share price within a 6 to 12 months period. STA is not a specutive counter for jumping in and out of the mkt. It is a buy and hold investment to reap the full benefit of price appreciation over time. STA will benefit from the recent rubber price rise till date from a recent low in March for TSR 20 SICOM at 106 uscts/kg to a high of 133.2 uscts/kg few days ago and probably rubber price has already bottomed out for the rest of the year which mkt participants have not taken notice besides humongous profits of 56% earnings contribution from STGT few quarters thereafter until 1st half .June 2021 due to forward gloves book orders having been fulfilled. Lets HUAT together!!

 

Dear Friends, the key in STA next rally will be derived from STGT humongous net profits after the 3rd quarers result thereafter. Buckle your seat belt and enjoy the steady and gradual climb in STA share price within a 6 to 12 months period. STA is not a specutive counter for jumping in and out of the mkt. It is a buy and hold investment to reap the full benefit of price appreciation over time. STA will benefit from the recent rubber price rise till date from a recent low in March for TSR 20 SICOM at 106 uscts/kg to a high of 133.2 uscts/kg few days ago and probably rubber price has already bottomed out for the rest of the year which mkt participants have not taken notice besides humongous profits of 56% earnings contribution from STGT few quarters thereafter until 1st half .June 2021 due to forward gloves book orders having been fulfilled. Lets HUAT together!!

 

Refeshing title. Time to hoot up!

 

Hope for shortists power down  then STA can do high jump.  Better don' t talk so much later someone repeat " Can long, can short, no right, no wrong" .
Maybe after results STA can be steadier  at  higher price. 

3dw1nchu4      ( Date: 14-Aug-2020 10:10) Posted: Yesterday short sell vol was 10% of total shares traded, with an average shorted price of $1.21. You flinch, you lose! Burn the shorts! Burn the shorts!   Sri Trang Agro 1022400 SGD 1239122 https://api2.sgx.com/sites/default/files/reports/short-sell/2020/08/website_DailyShortSell202008131815.txt

 

I agree. I can' t comment their Q2 result, but their Q3 and Q4 result (2H 20) should be excellent. In fact few broker houses analysis and their target price were based on their estimated 2H result. If you can hold another 6 months time, rewards are confirmed. 

JackpotBookie      ( Date: 14-Aug-2020 10:19) Posted: I bought at a high of 1.67on the day of Thai Listing... holding till now and strong believer this will turn around.  Rubber = commodity, even if covid vaccine turn around, this sector will bloom Glove sector = key driver for profit for now (At least near term till End June 2021) even other competitors want to build factories and machinery need time. Cheers

 

I bought at a high of 1.67on the day of Thai Listing... holding till now and strong believer this will turn around. 
Rubber = commodity, even if covid vaccine turn around, this sector will bloom
Glove sector = key driver for profit for now (At least near term till End June 2021) even other competitors want to build factories and machinery need time.

Cheers

 

Thats good to hear that.
For company that can make money in this current pandemic are indeed very few.
Your buy price is not high.. good to hold till results (as good investment principle) and see what next direction to take.
Huat..
 

kuala88      ( Date: 14-Aug-2020 10:07) Posted: thank you for your wise words of encouragement,  bought at 1,34 and almost feel like cut loss...    Longtermer      ( Date: 14-Aug-2020 09:51) Posted: Haha, just like play majong, change pattern and thread then STA will shoot up is it? Hope all also huat here as STA being the most lagging glove counter. Results will be the trigger and its just hours away.. For those who bought long ago, dun be dishearten. The time is Near..  Cheers!

 

Yesterday short sell vol was 10% of total shares traded, with an average shorted price of $1.21. You flinch, you lose!

Burn the shorts! Burn the shorts!
 

Sri Trang Agro         1022400             SGD      1239122

https://api2.sgx.com/sites/default/files/reports/short-sell/2020/08/website_DailyShortSell202008131815.txt

 

dun feel sad . i got in at 1.48 . but still holding it tight! 

kuala88      ( Date: 14-Aug-2020 10:03) Posted: thank you for your wise words of encouragement,  bought at 1,34 and almost feel like cut loss...    Longtermer      ( Date: 14-Aug-2020 09:51) Posted: Haha, just like play majong, change pattern and thread then STA will shoot up is it? Hope all also huat here as STA being the most lagging glove counter. Results will be the trigger and its just hours away.. For those who bought long ago, dun be dishearten. The time is Near..  Cheers!

 

this counter really is play w my heart change green and red so many times, thinking if want to fire last bullet haha

 

Yes ytd they all up. Yet sri trang down. Today they down and sri trang should be chiong up

ghetto      ( Date: 14-Aug-2020 10:00) Posted: All other glove counters going down. So now its for Sri to do the opposite which it always does.

 

thank you for your wise words of encouragement, 
bought at 1,34 and almost feel like cut loss... 
 

Longtermer      ( Date: 14-Aug-2020 09:51) Posted: Haha, just like play majong, change pattern and thread then STA will shoot up is it? Hope all also huat here as STA being the most lagging glove counter. Results will be the trigger and its just hours away.. For those who bought long ago, dun be dishearten. The time is Near..  Cheers!