Monday, August 10, 2020

Sri Trang Agro - Thailand-Based Rubber Producer

What to watch for: Sudden announcement of Vaccine success.  

STRONG interest in glove makers has boosted overall trading volumes on Bursa Malaysia to a new record, but investors looking for a glove play that still offers good value could consider Sri Trang Agro-Industry (STA).
The Thailand-based rubber producer is up 144 per cent...
The share price of SET-listed Sri Trang Gloves Thailand Plc (STGT) rose 78% on its first trading day.

Besides the high growth potential of these businesses, the market capitalisation size and the IPO price were factors supporting the rise in share price, Mr Pakorn said.

https://www.bangkokpost.com/business/1964123/set-to-probe-possible-trading-irregularities



Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

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