| Latest Forum Topics / Riverstone Last:0.78 -- |
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Beng Kuang W27
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tonytony
Veteran |
27-Aug-2026 12:16
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Cash reserves has depleted, can't give more special dividends in the future ? | ||||
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Traveler
Member |
27-Aug-2026 11:55
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Strange. Good Q2 results, company doing well and yet share price drops.  | ||||
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newbie1118
Master |
26-Aug-2026 10:43
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Break below 80. Next support 73? | ||||
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beng1102
Elite |
24-Aug-2026 11:12
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Just STRONG BUY as it is u turning up at this point.
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WindRiderX
Member |
24-Aug-2026 10:58
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Catch the breeze this morning.. Waiting for gale. | ||||
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beng1102
Elite |
22-Aug-2026 11:18
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The dividend is doubled compares to the same period last year.
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Tob231
Elite |
21-Aug-2026 16:50
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such opportunity ... should load up  | ||||
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beng1102
Elite |
21-Aug-2026 15:18
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Loaded up another 60k  shares.
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beng1102
Elite |
21-Aug-2026 10:35
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Loaded up 40k shares.  STRONG BUY as share price seems bottoming and ready to u turn up.
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Joelton
Supreme |
13-Aug-2026 10:59
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Riverstone&rsquo s 2QFY2026 net profit up 60.2% y-o-y to RM65.8 mil, declares interim dividend of 5 sen Riverstone Holdings (Riverstone) (SGX:AP4) has reported a net profit of RM65.8 million for 2QFY2026 ended June 30, up 60.2% q-o-q. For 1HYF2026, net profit was up by 5% y-o-y to RM106.9 million. Revenue for 2QFY2026 was up by 24.5% q-o-q to RM266.7 million, driven by stronger cleanroom glow demand. However, for 1HFY2026, revenue was down by 3.2% y-o-y, largely due to softer numbers from 1QFY2026 and unfavourable foreign exchange translation from a weaker US dollar against the Malaysian ringgit. Gross profit grew 54.8% q-o-q to RM96 million in 2QFY2026, with gross profit margin improved 7 percentage points to 36%. The higher margin was due to improved healthcare pricing in the second quarter, while cleanroom pricing remained stable. For 1HFY2026, gross profit margin stood at 32.9%, an improvement of 3.2 percentage points. General and administrative expenses eased 7.1% y-o-y to RM18.0 million for 1HFY2026 on lower staff-related costs, while selling and distribution expenses declined 2.7% y-o-y to RM7.2 million. Effective tax rate increased to 23% in 1HFY2026, compared to 22.4% a year ago, mainly due to lower reinvestment allowances during the period As at June 30, Riverstone&rsquo s cash and cash equivalents stood at RM576 million, compared to RM630.4 million as at Dec 31, 2025, largely due to payment of FY2025 final dividend and special interim dividend. Riverstone&rsquo s board of directors has recommended a interim dividend of 5 sen for 1HFY2026, which translates to a dividend payout ratio of 69.3%. &ldquo The group continues to strengthen its long-term positioning through the timely renewal of ageing production lines, supporting our strategy of shifting away from low-margin generic production towards higher-value cleanroom and customised healthcare solutions. We remain cautiously optimistic on our long-term business growth prospects,&rdquo says Wong Teek Son, executive chairman and CEO of Riverstone. Shares of Riverstone closed 0.5 cents higher, or up 0.59% at 85 cents on Aug 12. |
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Joelton
Supreme |
23-Jul-2026 09:21
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UOBKH maintains &lsquo buy&rsquo on glove maker Riverstone ASP normalisation and shareholder returns remain as key focus &ldquo Cleanroom gloves are expected to enjoy stronger pricing power, supported by resilient demand from AI infrastructure, data centres and memory/storage applications, as well as tight industry supply. Meanwhile, healthcare glove ASPs continue to remain competitive due to ample supply of generic gloves. However, we expect Riverstone to continue enjoying healthy margins given its focus on highly customised products,&rdquo Tang adds. On the dividend payout, Riverstone&rsquo s management has committed to maintaining above 100% dividend payout ratio, supported by its sizeable net cash position, debt-free balance sheet and healthy operating cash flow generation. &ldquo This provides sufficient financial flexibility to sustain attractive shareholder returns despite near-term earnings and forex volatility, while continuing to fund its operational and expansion requirements,&rdquo the analyst states. Meanwhile, Riverstone&rsquo s management expects raw material prices of butadiene and acrylonitrile to moderate in 3QFY2026 following the sharp rise earlier this year due to the Iran war. &ldquo Riverstone does not hedge raw material prices, but instead manages cost fluctuations through regular pricing discussions with customers, with selling prices typically negotiated around two months in advance. The anticipated easing in input costs, together with higher ASPs, should be supportive of margin expansion,&rdquo Tang adds. In terms of sales volume, Riverstone&rsquo s management has guided for a meaningful &ldquo sequential increase&rdquo not just in 2QFY2026 alone, but going forward as well, due to continued strength in cleanroom gloves and improving demand across both business segments. |
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highlander
Senior |
15-Jul-2026 13:55
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Looks like some interest in RS after some quiet months .... | ||||
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Charity88
Senior |
28-May-2026 10:50
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https://www.channelnewsasia.com/world/ebola-virus-congo-war-world-health-org-6145596 28 May 2026 WHO warns of ' catastrophic collision' of Ebola and war in DR Congo KAMPALA: Conflict in the Democratic Republic of Congo is complicating efforts to rein in a deadly Ebola outbreak,  the World Health Organisation chief warned Wednesday (May 27), while Uganda announced it was shutting its border.  The WHO has recorded 10 confirmed and 223 suspected Ebola deaths in the DRC since the outbreak was declared in mid-May, out of more than 1,000 confirmed and suspected cases. |
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Charity88
Senior |
25-May-2026 09:51
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https://nypost.com/2026/05/24/health/hantavirus-is-gaining-ground-in-the-us-startling-researchers/ 24 May 2026 As passengers from the  hantavirus-stricken cruise ship are being monitored,  unusually high levels of the virus have been detected in rodents in the US. https://www.aol.com/articles/exclusive-investigation-deadly-hantavirus-lockdown-212000000.html 23 May 2026 The deadly disease has infected roughly 3.3 million people since 1993, and could be more contagious than COVID-19.  More Cases Could Be Coming https://abcnews.com/International/live-updates/hantavirus-live-updates-mv-hondius-canary-islands/?id=132746955 18 May 2026 The total number of confirmed and probable cases of hantavirus of those who were onboard the MV Hondius cruise ship stands at 11, including two people confirmed to have died from the virus and one person who remains suspected to have died from the virus. |
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money4life
Senior |
22-May-2026 08:57
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I think let the price follow the momentum, if anyone wants to sell then its your own will
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bluekelah
Senior |
21-May-2026 22:42
Yells: "lock and loaded..." |
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those passenger unloaded at spain already all cleared. Human to human for andes strain is very limited also. and cruise ship likely rats poop in the ventilation or aircon ducts spread it to the people. US side no more active cases. australia also no more. only 1 case with mild disease left in canada under strict  quarantine. so like that is this scare will likely finished this week along with riverstone share price will dip back to 70c i reckon.  Riverstone recently also revenue or profit down, and high oil price will affect their glove raw material costs. i expect next few quarter not so good also. So unless long term play I would be taking profit.  |
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marco69
Senior |
14-May-2026 10:28
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Honestly thinking it will not be another covid-19 event but the still the hantavirus doesn't sound like it not that contagious. Pretty sure irrelevant passenger still got infected. They all stay in the same cabin?
Sound like as long prolong period together in a closed space does spread. Which is everywhere nowdays. Office, mall, yoga studio. Just take one bugger who infected but show no symptom
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shk363
Elite |
14-May-2026 08:28
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473 people test positive for tuberculosis after Bedok screenings | ||||
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bluekelah
Senior |
14-May-2026 01:26
Yells: "lock and loaded..." |
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yes andes strain can human to human but only with prolonged exposure to bodily fluid during initial infection phase. usually family members or intimate partners get it. ALso this is very rare occurence. It is also quite high fatality rate which means like the original sars once it quarantine, is hard to spread as much as the infected will die quite fast. Just sold 1/4 of my riverstone. today 90c take some profit. after this hoohah likely to drop back to 70C level again.  Fair value is around 90c to 1 for this solid stock. Though they will badly hit by forex (USD depreciation) and rising cost for their petroleum based gloves for cleanroom.   |
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Alignment
Elite |
13-May-2026 19:20
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As I understand it this current Hantavirus is the Andes strain which is the only documented Hantavirus that has documented human to human transmission. Now an evacuee from the ship now arrived in the US has been found positive for this virus. Worrying... |
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