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Riverstone
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RIVERSTONE HOLDINGS LIMITED
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SGPhantom
Master |
24-Nov-2020 15:06
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Auto Sell now at 135. A tough nut to crack indeed. |
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SGPhantom
Master |
24-Nov-2020 14:59
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This could be your best move yet, who knows. Wish you all the best in other sectors, and thank you for your news postings.
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SGPhantom
Master |
24-Nov-2020 14:57
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For now / here, let' s discuss more on RS instead. And how we can leave behind the stubborn 135 mark. |
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Flyingtask
Supreme |
24-Nov-2020 14:54
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Hello, to reshuffle the portfolio, just to inform I had decided to end this medical journeys. Wish you all the best.
Anyway, glad to know some of you here, and I believe we will meet on next thread, or next entry. |
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SGPhantom
Master |
24-Nov-2020 14:54
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Well, there are many trains of thoughts on what TG is doing. From propping up price, to give retailers confidence, to (who knows) maybe rewarding " staffs" with shares. But the other thing in play can be getting ready for their HK listing. With enough shares on hand (in treasury), they may not need to issue (too many more) new shares for the IPO, which benefits the current shareholders. I am not sure... maybe none of the above.  
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SGPhantom
Master |
24-Nov-2020 14:48
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Good for you! Hope the reversal comes soon, and you will reap the rewards.
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Bongbong
Master |
24-Nov-2020 14:48
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TG probably doing their buyback magic again, which I' m not a fan of. personally feel excessive buybacks are inefficient and signal less growth opportunities. Not to mention prop up prices for shortist to sell. give it back in terms of dividends then shortist cannot keep this profit
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Bongbong
Master |
24-Nov-2020 14:46
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Is your surname Wong also  ![]() either way thanks for your support to give small timers like us some hope
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Superfast
Supreme |
24-Nov-2020 14:45
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You very supportive 🤠 ....
3. Cheers to u.... Huat huat huat....
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investor999
Elite |
24-Nov-2020 14:43
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I bought more today at 1.32 and 1.34
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SGPhantom
Master |
24-Nov-2020 14:20
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Even TG that bore the worst news is now at its intraday high. So a few ticks up for RS means nothing. It needs to cross and hold 135, or else it gets shot down again, which usually is the case lately. I hope I am wrong.  And trust me, how I love to be wrong.
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SGPhantom
Master |
24-Nov-2020 14:15
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Its not just RS. If you look around, during this same time interval, almost everything in every sector is creeping up.
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SGPhantom
Master |
24-Nov-2020 14:04
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Yes, he mentioned 132, while mine points to 128. But I' d much rather that he is correct, so that it bottoms out earlier. Next stubborn point to cross (and hold) is 135.  
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Hello08
Member |
24-Nov-2020 14:02
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1.35 Liao... dk izzit short cover
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Bongbong
Master |
24-Nov-2020 13:54
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Prices seem to be stabilizing and consolidating at 130-134. potentially good sign. Hopefully double bottom like one of the forummer said
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highlander
Senior |
24-Nov-2020 13:39
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No. Their factories are all in different locations - Malaysia ( Bukit Beruntung/ Selangor and Taiping /Perak), Thailand and China. 
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SGPhantom
Master |
24-Nov-2020 13:11
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Currently no. But who knows how slack is their internal control on social distancing and hygience are. Hopefully no EMCO and shut down too. Do not need anymore negative catalyst for RS as it is.
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moron101
Supreme |
24-Nov-2020 12:28
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Are their factories affected by covid like Top Gloves ? | ||||
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SGPhantom
Master |
24-Nov-2020 12:06
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As of lunch break, 65% Sell volume done at 1.32 Bid price. Don' t know how much more to go in the Auto Sell. *Sigh
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SGPhantom
Master |
24-Nov-2020 10:57
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I think that' s it for RS today, with Low volume and only small retailers buying plus Auto Sell in action. May even end lower later, if even retailers stop buying.   |
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