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Riverstone
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RIVERSTONE HOLDINGS LIMITED
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JY0064
Senior |
06-Aug-2020 09:45
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3.80 to 3.90. I mean at this juncture. Fast forward to end 2020, max. 6.00 possible.  
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3dw1nchu4
Veteran |
06-Aug-2020 09:41
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Everyone has some good points. @turtletrader says it best:
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yamseng
Supreme |
06-Aug-2020 09:41
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WL123456 -  You will be the only analyst that do it this way. If you look at all the apps, they will also do it based on the latest eps. If you want to announce an assumed PER, then you have to state assuming eps is maintained for the whole year, PER will be XX. There is a difference in current PE vs assumed PE. based on what u have mentioned, u already did the assumed PE - u have predicted that there will be zero profit for Q3 and Q4 please do not mislead others that are a newbie or those do not understand about PE ratio... |
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AttasBoss
Elite |
06-Aug-2020 09:40
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no right or wrong bro. ours calculation will reflect on the share price or not it depends the market sentiment. even if RS goes up to $6 end of this year also not a surprise for me for this big player, just we need bit of faith and patient and lucky sometimes.
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WL123456
Supreme |
06-Aug-2020 09:35
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Ok. Let?s not argue over the future because it?s not easy to predict. Let?s see what BBs feel today and rest of the week. What they feel about the numbers is more important.
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JY0064
Senior |
06-Aug-2020 09:33
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My lame count is within 3.80 to 3.90. Correct me if I am wrong.
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yamseng
Supreme |
06-Aug-2020 09:33
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just 30 minutes wave abc completed  New waves coming if can break out 417 pray hard ....... |
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Sgvale
Supreme |
06-Aug-2020 09:33
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Wait for those finish exiting. Still in progress before stabilise & turns green later | ||||
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Timer78
Veteran |
06-Aug-2020 09:33
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River is flowing nicely... | ||||
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yamseng
Supreme |
06-Aug-2020 09:30
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ASP increase only started around May 2020 there will be more profit for coming Q3 and Q4 |
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WL123456
Supreme |
06-Aug-2020 09:29
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You will be the only analyst that do it this way. If you look at all the apps, they will also do it based on the latest eps. If you want to announce an assumed PER, then you have to state assuming eps is maintained for the whole year, PER will be XX. There is a difference in current PE vs assumed PE.
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AttasBoss
Elite |
06-Aug-2020 09:26
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the result is normal only by increase 100%, just do the simple PE you will know why the market react today | ||||
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JY0064
Senior |
06-Aug-2020 09:25
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Wise advice heeded.
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cucina
Master |
06-Aug-2020 09:23
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Hartalega results mirror that of RS n after results drop more than 7% n after that recover all n some.   | ||||
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turtletrader
Senior |
06-Aug-2020 09:22
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There are always two sides to the coin - optimist' s view thinking that the share price likely to trend up due ot the favorable macro factors (increasing demand due to more Covic-19 cases that are not likely to go away soon until vacinne is found and short term ss constraint). The pessimist' s view is the direct opposite. For potential buyer at this level, naturally it is more risky comparing to investors who own the stock way back 1 to 2 years ago. For existing holders the quesion is if I sell and hold cash, return will be low. Unless I find another compelling company to switch over, may be continue to hold RS until the next quarter then decide. DYODD  | ||||
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yamseng
Supreme |
06-Aug-2020 09:16
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PE ratio is based on the whole year  please do not mislead others by using EPS 6 cents earning for the half year, that is very irresponsible   |
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WL123456
Supreme |
06-Aug-2020 09:10
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A word of caution on riverstone and related companies selling gloves. The results are not in line if the price in share price right now. Eps of only $0.06 vs price of $4.21. PER of nearly 63. You do your math. And also this will affect BBs valuations too. Please trade with caution now.
EPS: 0.06SGD NAV: 0.39 Cash: 89.5m sgd Those who are sitting on handsome profit should consider cashing out as China has enter the glove playing field so getting a bit crowded soon. New entrants need to set right stop loss. Early morning sell off not a good sign. |
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3dw1nchu4
Veteran |
06-Aug-2020 09:09
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Looks like a lot of shorting going on for RS, UG and Medtecs lol. Seems like investor confidence is intact though. Good luck to all! | ||||
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Sgvale
Supreme |
06-Aug-2020 09:08
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Glove makers will remain profitable for many years to come. Why sell ?
Many other Companies will be struggling in many years to come before back to normal. |
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alleyboy
Veteran |
06-Aug-2020 09:06
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Dont Q.
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