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A matter of Elasticity [Sri Trang Agro SGX: NC2]
By Making Cents N Sense  •  August 15, 2020
Rubber. Its all around us. In the very heart of our transportation network, it is in the form of tyres. In the medical industry it is found in gloves. At events it found in balloons. And yes the list goes on. It is an essential raw material in this world and its main producer is Thailand. The world's leading producer of natural rubber is Thailand. As of 2019, Thailand's natural rubber production amounted to 4.85 million metric tons. In second place is Indonesia, with 2019 production amounting to 3.3 million metric tons. https://www.statista.com/statistics/275397/caoutchouc-production-in-leading-countries/#:~:text=The%20world's%20leading%20producer%20of,to%203.3%20million%20metric%20tons. https://static.bangkokpost.com/media/content/20181122/c1_1580330_181126114421.jpg With that at my core, I started looking for rubber manufacturers or suppliers with their main business operations in Thailand and this lead me to the discovery of SRI TRANG AGRO-INDUSTRY PCL (SGX:NC2) here in known as STA. Now STA has had a pretty interesting journey but basically they supply rubber and early this year they...
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By Making Cents N Sense
Thank you for taking the time to visit. This blog acts as a diary for me to understand my investment decisions better as well as to reflect on what I've done well as an investor.
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