Sri Trang Agro    Last:0.71    +0.01

Thai Sri Trang sets IPO price at S$1.20

woo....there are many small boys around. STGT was recently listed in MSCI Global Standard Index  https://www.nationthailand.com/news/30397754
STA the holding company has been part of MSCI Thailand small cap and is the top 1 among the 67 constitutents. This rubber has been part of emerging market portolios.
Current market sentiment is acting on vaccines versus gloves. Eventually earnings will act on both vaccines (recovery) and gloves to take care of itself
TA watch if Hybrid can hold above $1 towards Q4







 

tritonyeah666      ( Date: 19-Nov-2020 12:48) Posted: Not about fundamentals, more like the big boys is no longer interested based on the risk reward. Hence even next 4 quarters world beating profits also no use.

 

1. u know the big boys meh?

2. what is the risk/reward ratio for now?

tritonyeah666      ( Date: 19-Nov-2020 12:48) Posted: Not about fundamentals, more like the big boys is no longer interested based on the risk reward. Hence even next 4 quarters world beating profits also no use.

 

hahaha....wanna make more friends ma. All talk so much but none want eat KFC with me. So sad. LOL!

stanleytay      ( Date: 19-Nov-2020 08:04) Posted: Lol.. tis one q hilarious kennyzeng21      ( Date: 19-Nov-2020 01:44) Posted: Hi  Keen to make a bet with me? Just a KFC Meal will do.

 

he is vested a lot as he mentioned before

Dannkh      ( Date: 19-Nov-2020 11:27) Posted: Thks Joseph for the info. U really can write. Are u a full time trader at home? Yes or No ans. only. limjoeseph      ( Date: 19-Nov-2020 11:23) Posted: I reinterate once again: My priveleged Thai informant comments as follows: STGT will continue to raise their Gloves ASP irregardless of vaccine success every quarter until 4th quarter 2021 as they view covid 19 is more contagious than H1N1 which lasted from Jan 2009 to August 2010.

 

Not about fundamentals, more like the big boys is no longer interested based on the risk reward. Hence even next 4 quarters world beating profits also no use.

 

keeping this long term as a dividend stock. gloves will be in demand in the new norm whether there is vaccine or not.

 

  All the best.

limjoeseph      ( Date: 19-Nov-2020 11:50) Posted: Retired from my rubber business.

 

Retired from my rubber business.

 

Perhaps it is good to reveal the other side of the coin to newbiess.... it is not conducive to always paint the rosy side as some newbies like me could be easily misled to buy at the wrong price and sell at the wrong price at loss due to some fear mongers... I am not longer holding i am out for now before vacinne news... so good for now...
I made a lot of losses in my earlier years of buying the wrong stocks.... now still learning pick up the correct stock... so sometimes do take things here witha pinch of salt and find out more on your own @ all newbies. 

Greed or fear both can kill our hard earned money. my two cents. 

crystalbee      ( Date: 19-Nov-2020 10:04) Posted: I guess it is the same in other forum. When Medtec fell from $1.50 to $1.05 and some  people mentioned target price $4,  I wrote saying  " Medtec can maybe hit $2 again but very very difficult to hit $4" . I wrote in because I " pitied" those who bought at highest $1.90 and hope  people not " blinded" by target price $4  from now on.  Someone replied Medtec is too cheap and it is " crystal clear" that  it is worth $4. I  mean from $1 to $4 looks impossible to me  but  believe maybe  still can $2. I didn' t talk down on Medtec also angered someone. But  here nearly everyday tritonyeah666 says " down boy down" which sounds like nonsense because he didn' t say why it must go down.  Got any value or good intention? I don' t  think so and personal agenda is to short. Anyway  I will just try to  ignore him as  he is  not someone  who can  control share price.                                     stanleytay      ( Date: 19-Nov-2020 08:32) Posted: Im actually why the long term holders are so angst about negative comments here if they are here for the long haul. Those talking down on STA are mainly short term players as the chart is really not pretty now. If you are in for the long haul, all these dont really matter as we wont know what will happen in 6mths or even longer. Truth is STA breaking 1.19 will be a bearish signal and need to consolidate first b4 going up again. The reason why i came in earlier was i saw many comments that results will propel the stock back up. Take it easy guys.

 

Thks Joseph for the info.
U really can write.
Are u a full time trader at home?
Yes or No ans. only.

limjoeseph      ( Date: 19-Nov-2020 11:23) Posted: I reinterate once again: My priveleged Thai informant comments as follows: STGT will continue to raise their Gloves ASP irregardless of vaccine success every quarter until 4th quarter 2021 as they view covid 19 is more contagious than H1N1 which lasted from Jan 2009 to August 2010.

 

I reinterate once again: STA spectacular strong 3rd quarter earnings are what matter and it has been outstanding hands down without a shadow of a doubt which will dictate the primary underlying upward medium to long term trend of STA fast moving forward without any further unsuspecting negative short term news to try and further derail its medium to long upward momentum as STA bound to climb alot of short term wall of worries to reach higher price levels over an extended period. As usual, due diligence is warranted.

 

I reinterate once again: My priveleged Thai informant comments as follows: STGT will continue to raise their Gloves ASP irregardless of vaccine success every quarter until 4th quarter 2021 as they view covid 19 is more contagious than H1N1 which lasted from Jan 2009 to August 2010.

 

Continuation: Optimism about a pending vaccine has started denting the glove sector?s dizzying rallies, which have been competing with that of Elon Musk?s Tesla Inc. this year. Top Glove has dropped 28% from its October record high, while its smaller rival Supermax Corp. has fallen 35% from its all-time high in August. READ: Hottest Asia Pandemic Trade Unwinds as Glove Makers Dealt A Blow Still, shares of Top Glove and Supermax are up about 340% and 1,000% this year, respectively, ranking them among the biggest gainers in the MSCI Asia Pacific Index this year. Global vaccine availability ?will take a lot of time and a lot of dollars,? Cameron said. The sector remains ?one of the best long term investments available, regardless of a vaccine,? he said. An interesting read for long term shareholders of STA. Short Term: Neutral Medium to Long Term: Uptrend still intact. Medium to long term shareholders should not let short term whipsawing movement cloud their outlook for a buy and hold strategy on strong earnings visibility for the next 12 months as STA is a fundmentally sound company which is not only highly undervalued according to my accounting matrixes and dirt cheap as well and the life line of the company. Stay pat on your medium to long term investment to enjoy coming dividends payout.

 

Investors are too optimistic about vaccine rollouts: Northcape Mass availability of Covid-19 vaccines unlikely before 2023 (Bloomberg) -- With mass availability of Covid-19 vaccines unlikely before 2023, demand for medical gloves will remain elevated, according to Ross Cameron of Northcape Capital Ltd., which has been investing in glove makers for more than a decade. ?Our sense is that markets are way too optimistic on the speed of a global vaccine rollout,? said Cameron, who is based in Tokyo. The Australia-headquartered asset manager holds shares in the world?s biggest glove maker, Top Glove Corp. as well as some of the Malaysian company?s rivals. ?Glove demand is likely to remain elevated for at least the next two or three years.? Healthcare experts suggest that the best-case scenario is a global vaccine rollout in the first quarter of 2021 and mass availability by 2023, said Cameron. More than half of the world?s population is unlikely to get vaccinated in the next three years due to challenges in supply chains, he added. Vaccine rollout may in fact cause a one-time spike in glove demand because those people administering the shots will need protection, Cameron said. His vote of confidence in the sector comes at a time when shares of glove makers have been sold off after some drug makers posted positive vaccine trial results. The recent share price declines have been so steep that Top Glove?s price-to-earnings multiple is now at a record low. Among recent vaccine successes: Pfizer Inc. and its partner BioNTech SE, and rival Moderna Inc. reported higher-than-expected efficacy rates for their virus shots., while AstraZeneca Plc and the University of Oxford, are expected to release trial results for their contender soon.

 

Well said!!!! 👍

Wealth98      ( Date: 19-Nov-2020 08:56) Posted: Lets hope everyone vested in this counter make money , when its down ,the shortist make   and when its up, the longist make ..  Seriously, take no offence from now on if any comments go against our agenda, after all , everyone is entitled to their own views ,   no right nor wrong ..  and hopefully one day , we all can meet up for a drink in a harmonious mood .   stanleytay      ( Date: 19-Nov-2020 08:32) Posted: Im actually why the long term holders are so angst about negative comments here if they are here for the long haul. Those talking down on STA are mainly short term players as the chart is really not pretty now. If you are in for the long haul, all these dont really matter as we wont know what will happen in 6mths or even longer. Truth is STA breaking 1.19 will be a bearish signal and need to consolidate first b4 going up again. The reason why i came in earlier was i saw many comments that results will propel the stock back up. Take it easy guys.

 

I guess it is the same in other forum. When Medtec fell from $1.50 to $1.05 and some  people mentioned target price $4,  I wrote saying  " Medtec can maybe hit $2 again but very very difficult to hit $4" . I wrote in because I " pitied" those who bought at highest $1.90 and hope  people not " blinded" by target price $4  from now on.  Someone replied Medtec is too cheap and it is " crystal clear" that  it is worth $4. I  mean from $1 to $4 looks impossible to me  but  believe maybe  still can $2. I didn' t talk down on Medtec also angered someone. But  here nearly everyday tritonyeah666 says " down boy down" which sounds like nonsense because he didn' t say why it must go down.  Got any value or good intention? I don' t  think so and personal agenda is to short. Anyway  I will just try to  ignore him as  he is  not someone  who can  control share price.                                    

stanleytay      ( Date: 19-Nov-2020 08:32) Posted: Im actually why the long term holders are so angst about negative comments here if they are here for the long haul. Those talking down on STA are mainly short term players as the chart is really not pretty now. If you are in for the long haul, all these dont really matter as we wont know what will happen in 6mths or even longer. Truth is STA breaking 1.19 will be a bearish signal and need to consolidate first b4 going up again. The reason why i came in earlier was i saw many comments that results will propel the stock back up. Take it easy guys. ultimatron      ( Date: 19-Nov-2020 08:22) Posted: Why? You also want kfc? Haha

 

Like I said many times, anybody is welcome to pen their bear or bull thesis. Nobody knows what the final outcome of the final trend will be until he is out of the mkt whether making money or not depending on his time horizon. Just do your own due diligence.

 

Getting boring here, let's go Liongold and Oceanus counter more exciting

 

fully agree, no right nor wrong..... but the way i see the govt and media keep painting a nice picture is the result of new spike cases and death. nothing much we can do, just go with the flow and let time tells them the reality. 

 

Lets hope everyone vested in this counter make money , when its down ,the shortist make   and when its up, the longist make .. 
Seriously, take no offence from now on if any comments go against our agenda, after all , everyone is entitled to their own views ,   no right nor wrong .. 
and hopefully one day , we all can meet up for a drink in a harmonious mood .
 

stanleytay      ( Date: 19-Nov-2020 08:32) Posted: Im actually why the long term holders are so angst about negative comments here if they are here for the long haul. Those talking down on STA are mainly short term players as the chart is really not pretty now. If you are in for the long haul, all these dont really matter as we wont know what will happen in 6mths or even longer. Truth is STA breaking 1.19 will be a bearish signal and need to consolidate first b4 going up again. The reason why i came in earlier was i saw many comments that results will propel the stock back up. Take it easy guys. ultimatron      ( Date: 19-Nov-2020 08:22) Posted: Why? You also want kfc? Haha