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Latest Posts By stanip - Veteran      About stanip
First   < Newer   61-80 of 7053   Older>   Last  

06-Aug-2020 09:05 Riverstone   /   RIVERSTONE HOLDINGS LIMITED       Go to Message
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You are so lucky! I tried but didn' t get... a bit late.

Sgvale      ( Date: 06-Aug-2020 09:01) Posted:

Bought at 3.97

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06-Aug-2020 09:05 Riverstone   /   RIVERSTONE HOLDINGS LIMITED       Go to Message
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Wow huat!  earn 20cts in 5 mins haha

Sgvale      ( Date: 06-Aug-2020 09:01) Posted:

Bought at 3.97

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06-Aug-2020 09:04 Riverstone   /   RIVERSTONE HOLDINGS LIMITED       Go to Message
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U make leow

Sgvale      ( Date: 06-Aug-2020 09:01) Posted:

Bought at 3.97

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06-Aug-2020 09:04 Riverstone   /   RIVERSTONE HOLDINGS LIMITED       Go to Message
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as expected, open low
hope that it can close higher than 425
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06-Aug-2020 09:01 Riverstone   /   RIVERSTONE HOLDINGS LIMITED       Go to Message
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Bought at 3.97
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06-Aug-2020 09:00 Riverstone   /   RIVERSTONE HOLDINGS LIMITED       Go to Message
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Probs just panic selling / profit taking. RS exceeded expectations of the brokerage analysts by so much in Q2. Gonna hold on for new TP.
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06-Aug-2020 08:58 Riverstone   /   RIVERSTONE HOLDINGS LIMITED       Go to Message
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see $4 and $4.12 can hold ??
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06-Aug-2020 08:52 Riverstone   /   RIVERSTONE HOLDINGS LIMITED       Go to Message
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They did very well and their results beat expectations...💪 💪 💪
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06-Aug-2020 08:51 Riverstone   /   RIVERSTONE HOLDINGS LIMITED       Go to Message
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Likelihood profit taking on the card today.

stlimst      ( Date: 06-Aug-2020 08:38) Posted:

Hi,

The RM 4 cents dividend is interim. Rirverstoen gave out RM5.85 cents in June.
Expect final div for FY20 to be even better than the RM5.85 cents.
Overall, not too bad. I amnot complaining.

OngBak      ( Date: 06-Aug-2020 08:33) Posted:

Putting in $4.20 in to get a dividend of RM4 cents, lol


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06-Aug-2020 08:50 Riverstone   /   RIVERSTONE HOLDINGS LIMITED       Go to Message
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U want dividend buy dbs and watch ur capital PLUNGE...you make $$$$ thru share price buy glove companies 👽 👽 👽
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06-Aug-2020 08:38 Riverstone   /   RIVERSTONE HOLDINGS LIMITED       Go to Message
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Hi,

The RM 4 cents dividend is interim. Rirverstoen gave out RM5.85 cents in June.
Expect final div for FY20 to be even better than the RM5.85 cents.
Overall, not too bad. I amnot complaining.

OngBak      ( Date: 06-Aug-2020 08:33) Posted:

Putting in $4.20 in to get a dividend of RM4 cents, lol

2Fast2Furious      ( Date: 06-Aug-2020 02:16) Posted:

RIVERSTONE'S 1H results are definitely above everyone's expectations. And their 2H will be explosive! Based on my calculations, 2H Net Profit will be MYR 300M to 400M. Effectively, from July 2020, RIVERSTONE's Average Selling Prices are double (2X) pre Covid19 ASPs (Jan & Feb). All that revenue increase is pure profit !! Of course, we still need to less out corporate income tax of 24%.


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06-Aug-2020 08:37 Riverstone   /   RIVERSTONE HOLDINGS LIMITED       Go to Message
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I bought Top Glove S$5.5 to get S$0.03252 dividend on 9 Jul. You see how much Top Glove worth now....

OngBak      ( Date: 06-Aug-2020 08:33) Posted:

Putting in $4.20 in to get a dividend of RM4 cents, lol

2Fast2Furious      ( Date: 06-Aug-2020 02:16) Posted:

RIVERSTONE'S 1H results are definitely above everyone's expectations. And their 2H will be explosive! Based on my calculations, 2H Net Profit will be MYR 300M to 400M. Effectively, from July 2020, RIVERSTONE's Average Selling Prices are double (2X) pre Covid19 ASPs (Jan & Feb). All that revenue increase is pure profit !! Of course, we still need to less out corporate income tax of 24%.


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06-Aug-2020 08:33 Riverstone   /   RIVERSTONE HOLDINGS LIMITED       Go to Message
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Putting in $4.20 in to get a dividend of RM4 cents, lol

2Fast2Furious      ( Date: 06-Aug-2020 02:16) Posted:

RIVERSTONE'S 1H results are definitely above everyone's expectations. And their 2H will be explosive! Based on my calculations, 2H Net Profit will be MYR 300M to 400M. Effectively, from July 2020, RIVERSTONE's Average Selling Prices are double (2X) pre Covid19 ASPs (Jan & Feb). All that revenue increase is pure profit !! Of course, we still need to less out corporate income tax of 24%.

stanip      ( Date: 05-Aug-2020 20:40) Posted:

Definately surpassing analysts' expectation for Q2! Well managed company with RM273m net cash and no debt.
For full year expectation last time from 3 firms: DBS  RM360m,  UOB  RM 355m, CIMB  RM370m.  Waiting for a TP upgrade given Q2 is 25+% higher than expectation.  :)


 


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06-Aug-2020 02:16 Riverstone   /   RIVERSTONE HOLDINGS LIMITED       Go to Message
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RIVERSTONE'S 1H results are definitely above everyone's expectations. And their 2H will be explosive! Based on my calculations, 2H Net Profit will be MYR 300M to 400M. Effectively, from July 2020, RIVERSTONE's Average Selling Prices are double (2X) pre Covid19 ASPs (Jan & Feb). All that revenue increase is pure profit !! Of course, we still need to less out corporate income tax of 24%.

stanip      ( Date: 05-Aug-2020 20:40) Posted:

Definately surpassing analysts' expectation for Q2! Well managed company with RM273m net cash and no debt.
For full year expectation last time from 3 firms: DBS  RM360m,  UOB  RM 355m, CIMB  RM370m.  Waiting for a TP upgrade given Q2 is 25+% higher than expectation.  :)


 

jabra123      ( Date: 05-Aug-2020 19:20) Posted:

i think the Q2 results in overall pretty much exceeded CIMB' s forecast
CIMB forecasted a 370m PAT at year end, 

Doing a rather straightforward backward calculation
so we conservatively forecast a 5% m-o-m increase in selling price, assuming cost also increase but at a slower rate-->
Q1: 46.6m
Q2: 91m
Q3: 112m (from Q2 Revenue 347/3 = (115*1.05 -> monthly 5% inc of selling price = 127m July, 134m Aug, 140m Sept) = 400 mil Q3 revenue (assuming spot order remain the same), Cost assuming increase in line with revenue, but not as much -->   so we will take 28% (as compared to 26% of Q2 PAT, arising from 91 PAT /347 revenue = 26%)
Q4: 132m (Q3 400m revenue /3 * 5 % increase in selling price every month, we get Q4 revenue of 445mil), PAT margin --> slightly increase to 30% for Q4

we roughly reach a FY2020F PAT of 382m

But do note that my simple computation above did not factor in any of the:   
  • spot orders (which will again increase the PAT significantly, based on what the others are saying, spot price per carton are 3x of normal orders.
  • upside of m-o-m increase of > 5%

DBS forecasted a PAT of 360m in to arrive at their target price of $3.90


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05-Aug-2020 23:42 Riverstone   /   RIVERSTONE HOLDINGS LIMITED       Go to Message
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likely some profit taking.....but i think px of RS will get a re-rate to (from $4) $5 ????  cheeky

yamseng      ( Date: 05-Aug-2020 22:50) Posted:

very high chance, the retailers might sell on the news,
BB will accumulate more near the 5-days moving average...

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05-Aug-2020 22:50 Riverstone   /   RIVERSTONE HOLDINGS LIMITED       Go to Message
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very high chance, the retailers might sell on the news,
BB will accumulate more near the 5-days moving average...
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05-Aug-2020 22:33 Riverstone   /   RIVERSTONE HOLDINGS LIMITED       Go to Message
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So tomorrow up or down... interesting day
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05-Aug-2020 21:12 Riverstone   /   RIVERSTONE HOLDINGS LIMITED       Go to Message
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hope tmr can open low and close record price....
flushing done in the first hour of trading
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05-Aug-2020 20:59 Riverstone   /   RIVERSTONE HOLDINGS LIMITED       Go to Message
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Where got so easy...

SQueeze      ( Date: 05-Aug-2020 20:43) Posted:

in other medical counters, we were all so concerned about Riverstone " just" beating forecast by 25% . 
We were expecting like 100% over or what. LOL.Everyone was bracing for gap down tomorrow across all medical sector. 

Phew. I think tmr back to business as usual. 
Exam part 1 is passed. next week UG is part 2 exam. 

johnyap89      ( Date: 05-Aug-2020 20:04) Posted:

definitely exceeded. not mind blowing but definitely solid results. huat ah !
altho it seems like many thinks that if a medical counter doesnt produce mind blowing results, its a lousy one..


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05-Aug-2020 20:54 Riverstone   /   RIVERSTONE HOLDINGS LIMITED       Go to Message
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yes.. many ppl seems to have an impression that any medical counter should beat their estimates by miles..
if so then these houses no need give report liao la.. no credibility left already.

no worries, medical bull is still on track so even if it gaps down it will recover quickly. upcoming medtecs and ug results will be the next big huat !







SQueeze      ( Date: 05-Aug-2020 20:43) Posted:

in other medical counters, we were all so concerned about Riverstone " just" beating forecast by 25% . 
We were expecting like 100% over or what. LOL.Everyone was bracing for gap down tomorrow across all medical sector. 

Phew. I think tmr back to business as usual. 
Exam part 1 is passed. next week UG is part 2 exam. 

johnyap89      ( Date: 05-Aug-2020 20:04) Posted:

definitely exceeded. not mind blowing but definitely solid results. huat ah !
altho it seems like many thinks that if a medical counter doesnt produce mind blowing results, its a lousy one..


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