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Riverstone
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RIVERSTONE HOLDINGS LIMITED
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zandlery
Supreme |
26-Nov-2020 14:23
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Opps... Just cover your short la. 😂
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zandlery
Supreme |
26-Nov-2020 14:22
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Agree your strategy actually. I am also the kind of investor who like to buy when price was beaten down.
Just that it tricky to catch bottom or near bottom. But many don't have the bullet to endure the constant average down....
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Bongbong
Master |
26-Nov-2020 14:16
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Not just on this stock but if going by your logic, investors should only buy high sell higher?
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limjoeseph
Supreme |
26-Nov-2020 14:15
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3 corporate insiders buy into STA short term corrections as follows: Chaiyos, Executuve Director: 1 M shares at 27.75 Bahts Kittichai, Executive Director: 100K shares at 26.25 Bahts STA Chief Marketing Officer/Executive Director : 350K shares at S$1.2475 Now that's a powerful consensus. As seasoned investors, we have to dig below the surface to understand and find the rationale for the corporate purchases, that's where big rewards can be found. Cluster Buying Sends the Strongest Signal where STA will head to down the road. Why do insiders still spend money on their own companies' stock when they already own a ton of shares already? Pure and simple. The opportunity to make more money motivates people - even people who are already well off like highly paid Directors. When insiders buy in a cluster, it's because they all know something very good is going on at the company. Maybe it is on strong earnings visibility for the next few quarters or next year pending dividend announcement for the full year 2020 results release which will be very much higher than 2020 dividend payout. Whatever the reason, they are all very confident that shares will be on the rise down the road. After all, who would buy more stock in a company if they knew it was sinking? And why would there be several of them buying unless they didn't collectively believe that their stock was of good value and dirt cheap at present price??? When things at the company are THAT good, insiders don't want to miss out when everyone else is selling out. Call it insider peer pressure, if you will. Due diligence is warranted. | ||||
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HERBERTALCA
Member |
26-Nov-2020 14:13
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SELL NOW. DON'T CREATE A BUBBLE. BUYING NOW DOESN'T MAKE SENSE RIGHT AFTER THAT HUGE FALL. | ||||
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investor999
Elite |
26-Nov-2020 14:01
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Many people lost money as it went down.
Even at 1.41 it is still worth to average your price down to more decent level.
Make a hard decision, buy big now.
It is better to buy more at lower price than try to average up
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investor999
Elite |
26-Nov-2020 13:55
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At this price, 1 cent increase is quite alot in terms of percentage.
So the initial up move is slow.
Once take off will be easier.
I see so many traders so eager to sell..They should keep as long as they can
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sting93
Member |
26-Nov-2020 13:48
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unnecessary spam
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danger
Supreme |
26-Nov-2020 13:34
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Japanese conglomerate    Marubeni Corporation    has agreed to acquire a 5 percent stake in PT Siloam International Hospitals (Siloam), a publicly listed hospital chain controlled by PT Lippo Karawaci, as part of its plan to expand into health care in Indonesia. Masayuki Omoto, the chief operating officer of Marubeni ' s Next Generation Business Development Division, said in a statement made available to the press on Wednesday that the strategic partnership with Lippo Karawaci and the acquisition of Siloam' s shares were part of the Japanese company' s program to further its presence in Indonesia.  Itochu and its sogo shosha peers attracted global attention when well-known U.S. investor Warren Buffett' s Berkshire Hathaway  announced in August that it had acquired slightly more than 5% of five of them -- Itochu, Mitsubishi Corp., Mitsui & Co., Sumitomo Corp.  and Marubeni. Berkshire has said it may boost its stake in each company up to 9.9% and is eyeing opportunities for the trading houses to strike partnerships with its own businesses. WARREN BUFFETT > ITOCHU > OUE > FIRST REIT WARREN BUFFETT > MARUBENI > SILOAM HOSPITAL FIRST REIT - SILOAM HOSPITAL - INDONESIA ' s LARGEST PUBLIC LISTED HOSPITAL AND HEALTHCARE GROUP |
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investor999
Elite |
26-Nov-2020 13:31
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👍
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SGPhantom
Master |
26-Nov-2020 11:34
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Hope it really fly soon. Even its peers like TG, with so much recent bad news surrounding it, has rebounded. If RS still doesn' t move, can' t blame people for losing confidence in it, and rotate out. |
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SGPhantom
Master |
26-Nov-2020 11:01
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cucina
Master |
26-Nov-2020 10:56
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Bot 40 lots 1.38   |
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investor999
Elite |
26-Nov-2020 10:44
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Got it now.
Buying 1.38 have forced the short sellers to cover.
Hold now..
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investor999
Elite |
26-Nov-2020 10:09
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1.38 is an important resistance as the short sellers sold forcefully at that price.
Just keep buying at 1.38 until they have no choice but to cover shorts
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SGPhantom
Master |
26-Nov-2020 09:22
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Well, to each its own. Some may argue that if we buy to average down and it stays down, what' s next, hold? Those who have power to hold and have " unlimited" bullets, investing is easy. But not everyone has that. So there are 2 perspectives. As long as it works for an individual, stay with it. I am not recommending one or the other, just recommending to stick with a prinicple / regime, if it works for him.  
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SGPhantom
Master |
25-Nov-2020 23:03
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Tomorrow is gonna be a soft day if not weak. Be careful | ||||
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Battle123
Elite |
25-Nov-2020 20:57
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Must clear 140 first right
Keep watch |
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n3wbie
Elite |
25-Nov-2020 20:17
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Based on MAS disclosures last updated as at 13 Nov, there are some 11.6m shares outstanding that are shorts on the counter. This represents 0.78% of the total issued shares - nothing alarming and appears quite healthy but obviously that data is slightly dated so that might have changed over the past 10 days. Realistically, the glove companies are probably on track to deliver record financial performance this FY and likely next since most have communicated that they have orders lined up till 2021.  USD has weakened quite substantially in recent weeks so that' s some headwinds for the glove players but broadly, its a volume and ASP game for these manufacturers and there' s no reason that they won' t do well. Question is the sentiment is not on their side, for now, due to the emergence of vaccines so every new development gives a knee-jerk effect to the sector.  The sector as a whole seems to be finding some stability with selling somewhat tapering off but struggles to find catalysts to rebound. Also, any rebound is met with an overhang of investors looking to cut loss. Those funds who had longed the sector had done extremely well this year and are probably closing their books as we go into the festive period.  RS' current price is close to its 200d SMA support same applies for the other Malaysian peers so there should be some support but hey volatility is the new normal nowadays so who knows how things will change come tomorrow. |
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investor999
Elite |
25-Nov-2020 18:02
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Short sellers sold from the top.
As long as 1.44 is not broken, no need to cover shorts
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