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msksmsks Supreme	09-Nov-2021 19:37        msksmsks About Contact  Quote this Post!
x 0   x 0  Alert Admin	No need to be so defensive.....mkt wl.tell u Luzern      ( Date: 09-Nov-2021 19:31) Posted: What was their ASP for Q3?........What is their quoted ASP for now?.......time to make.some enquiries. 😉
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ttbanthony Veteran	09-Nov-2021 19:12        ttbanthony About Contact  Quote this Post!
x 0   x 0  Alert Admin	RS is a very good company. I may consider to buy some tmr. highlander      ( Date: 09-Nov-2021 19:06) Posted: The numbers are correct. This is expected with the price of healthcare glove normalising. Nevertheless, achieving a net profit of RM266 m from a revenue of RM652 m is a good result, especially in the context that the share price of RS has dropped from $1.5x to $0.8. In addition to that, the company has a cash of 1.76 billion RM.  As someone has highlighted earlier, the cash is about half of RS market cap !!  Can look forward to an attractive dividend :0) ttbanthony      ( Date: 09-Nov-2021 18:31) Posted: I see The latest announcement is Q21on Q20 Anyway I am not vested but i strongly believe RS should be turning corners. STa RS TG always give good dividends
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highlander Senior	09-Nov-2021 19:06        highlander About Contact  Quote this Post!
x 0   x 0  Alert Admin	The numbers are correct. This is expected with the price of healthcare glove normalising. Nevertheless, achieving a net profit of RM266 m from a revenue of RM652 m is a good result, especially in the context that the share price of RS has dropped from $1.5x to $0.8. In addition to that, the company has a cash of 1.76 billion RM.  As someone has highlighted earlier, the cash is about half of RS market cap !!  Can look forward to an attractive dividend :0) ttbanthony      ( Date: 09-Nov-2021 18:31) Posted: I see The latest announcement is Q21on Q20 Anyway I am not vested but i strongly believe RS should be turning corners. STa RS TG always give good dividends Luzern      ( Date: 09-Nov-2021 18:27) Posted: Go check the links provided
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ksangks Senior	09-Nov-2021 18:47        ksangks About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.google.com.sg/amp/s/www.theedgesingapore.com/amp/news/results/riverstone-still-sees-strong-3q-results-despite-shift-endemic-covid-19
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Luzern Supreme	09-Nov-2021 18:47        Luzern About Contact  Quote this Post!   Yells: "9"
x 0   x 0  Alert Admin	I can smell my........Châ teau Lafite Rothschild. msksmsks      ( Date: 21-Oct-2021 21:06) Posted: With complimentary red wine if proven me wrong Luzern      ( Date: 21-Oct-2021 21:05) Posted: Yum, yum more.cheese for me.......
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msksmsks Supreme	09-Nov-2021 18:46        msksmsks About Contact  Quote this Post!
x 0   x 0  Alert Admin	No need say so much... Tmr verdict Luzern      ( Date: 09-Nov-2021 18:44) Posted: double standard? msksmsks      ( Date: 29-Oct-2021 09:35) Posted: 没 错 。   也 是 大 家 共 享 的 空 间 。   所 以 必 须 互 相 尊 重
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Luzern Supreme	09-Nov-2021 18:44        Luzern About Contact  Quote this Post!   Yells: "9"
x 0   x 0  Alert Admin	double standard? msksmsks      ( Date: 29-Oct-2021 09:35) Posted: 没 错 。   也 是 大 家 共 享 的 空 间 。   所 以 必 须 互 相 尊 重 Luzern      ( Date: 29-Oct-2021 09:28) Posted: 做 人 要 饮 水 思 源 。
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investor999 Elite	09-Nov-2021 18:42        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	So you are saying RS earn less money this quarter than last quarter. The price of RS is saying it is earning less money this year than last year. Or is it saying it will earn less money next year. So RS profits is dropping. Scratch head..blur ??
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msksmsks Supreme	09-Nov-2021 18:39        msksmsks About Contact  Quote this Post!
x 0   x 0  Alert Admin	What kind of comparison....lol Anyway.....no need say or defend so much Tmr , 9 o'clock...let not decide
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Luzern Supreme	09-Nov-2021 18:37        Luzern About Contact  Quote this Post!   Yells: "9"
x 0   x 0  Alert Admin	Q3 2021 versus Q2 2021, Rev falls by ~33.87% Q3 2021 versus Q2 2021, Net Profits falls by ~48.57%   Luzern      ( Date: 09-Nov-2021 18:14) Posted: Q3 Rev RM652.8m vs Q2 Rev 987.16m Q3 Net Profit RM266.4m vs Q2 Net Profit 518.0m https://links.sgx.com/1.0.0/corporate-announcements/KBLATAOLWF1KUPC0/b4e913903c04d1730c0d3bcd6fb1f0d9c82bc82afe837754ce01185cefbe5e7c https://links.sgx.com/FileOpen/Riverstone%20-%201HFY2021%20Corporate%20Presentation.ashx?App=Announcement& FileID=677780
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ttbanthony Veteran	09-Nov-2021 18:31        ttbanthony About Contact  Quote this Post!
x 0   x 0  Alert Admin	I see The latest announcement is Q21on Q20 Anyway I am not vested but i strongly believe RS should be turning corners. STa RS TG always give good dividends Luzern      ( Date: 09-Nov-2021 18:27) Posted: Go check the links provided. ttbanthony      ( Date: 09-Nov-2021 18:24) Posted: I don think you gave the right numbers. RS numbers are pretty encouraging Not vested but like what I say RS and TG are the better glove stocks
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Luzern Supreme	09-Nov-2021 18:27        Luzern About Contact  Quote this Post!   Yells: "9"
x 0   x 1  Alert Admin	Go check the links provided. ttbanthony      ( Date: 09-Nov-2021 18:24) Posted: I don think you gave the right numbers. RS numbers are pretty encouraging Not vested but like what I say RS and TG are the better glove stocks. Luzern      ( Date: 09-Nov-2021 18:14) Posted: Q3 Rev RM652.8m vs Q2 Rev 987.16m Q3 Net Profit RM266.4m vs Q2 Net Profit 518.0m https://links.sgx.com/1.0.0/corporate-announcements/KBLATAOLWF1KUPC0/b4e913903c04d1730c0d3bcd6fb1f0d9c82bc82afe837754ce01185cefbe5e7c https://links.sgx.com/FileOpen/Riverstone%20-%201HFY2021%20Corporate%20Presentation.ashx?App=Announcement& FileID=677780
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ttbanthony Veteran	09-Nov-2021 18:24        ttbanthony About Contact  Quote this Post!
x 0   x 0  Alert Admin	I don think you gave the right numbers. RS numbers are pretty encouraging Not vested but like what I say RS and TG are the better glove stocks. Luzern      ( Date: 09-Nov-2021 18:14) Posted: Q3 Rev RM652.8m vs Q2 Rev 987.16m Q3 Net Profit RM266.4m vs Q2 Net Profit 518.0m https://links.sgx.com/1.0.0/corporate-announcements/KBLATAOLWF1KUPC0/b4e913903c04d1730c0d3bcd6fb1f0d9c82bc82afe837754ce01185cefbe5e7c https://links.sgx.com/FileOpen/Riverstone%20-%201HFY2021%20Corporate%20Presentation.ashx?App=Announcement& FileID=677780
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msksmsks Supreme	09-Nov-2021 18:24        msksmsks About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can't deny a strong Co generating strong cash flow to the biz. Cheers
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msksmsks Supreme	09-Nov-2021 18:19        msksmsks About Contact  Quote this Post!
x 0   x 0  Alert Admin	What kind of vis a vis Q/Q comparison
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Luzern Supreme	09-Nov-2021 18:14        Luzern About Contact  Quote this Post!   Yells: "9"
x 0   x 1  Alert Admin	Q3 Rev RM652.8m vs Q2 Rev 987.16m Q3 Net Profit RM266.4m vs Q2 Net Profit 518.0m https://links.sgx.com/1.0.0/corporate-announcements/KBLATAOLWF1KUPC0/b4e913903c04d1730c0d3bcd6fb1f0d9c82bc82afe837754ce01185cefbe5e7c https://links.sgx.com/FileOpen/Riverstone%20-%201HFY2021%20Corporate%20Presentation.ashx?App=Announcement& FileID=677780
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Godwinlow Elite	09-Nov-2021 18:04        Godwinlow About Contact  Quote this Post!
x 0   x 0  Alert Admin	Supported by cash and cash equivalents of RM1.8 billion as at 30 September 2021 1.8 billion minus 148 million. 1.652 billion rm.  cash is still about half of RS market cap now sutiono      ( Date: 09-Nov-2021 18:00) Posted: The RM 0.10 dividend was paid on 6/Oct , the cash of 1.763 still include the  dividend of RM148,200,000 or exclude  it ? Godwinlow      ( Date: 09-Nov-2021 17:44) Posted: Riverstone  Net profit Quarter on quarter 49% up.  Cash 1.763 billion rm.  About half of the RS market cap is cash. CEO Wong still very optimistic. Demand for high tech clean room still very high,  average selling prices remain comparatively higher than pre-covid. ALL GOOD NEWS! GOOD NEWS!!
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sutiono Veteran	09-Nov-2021 18:00        sutiono About Contact  Quote this Post!
x 0   x 0  Alert Admin	The RM 0.10 dividend was paid on 6/Oct , the cash of 1.763 still include the  dividend of RM148,200,000 or exclude  it ? Godwinlow      ( Date: 09-Nov-2021 17:44) Posted: Riverstone  Net profit Quarter on quarter 49% up.  Cash 1.763 billion rm.  About half of the RS market cap is cash. CEO Wong still very optimistic. Demand for high tech clean room still very high,  average selling prices remain comparatively higher than pre-covid. ALL GOOD NEWS! GOOD NEWS!!
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msksmsks Supreme	09-Nov-2021 17:46        msksmsks About Contact  Quote this Post!
x 0   x 0  Alert Admin	Solid cash bal.... Cheers
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Godwinlow Elite	09-Nov-2021 17:45        Godwinlow About Contact  Quote this Post!
x 0   x 0  Alert Admin	On the other hand, demand for the Group&rsquo s high-tech cleanroom gloves remains robust, driven by a sustained growth in orders from the Group&rsquo s long-term customers within the electronics, semiconductors, batteries, sensors and lenses manufacturers. As a result of the above, the Group recorded a 35.3% year-on-year (&ldquo yoy&rdquo ) increase in revenue to RM652.8 million for 3Q2021. Similarly, gross profit rose 42.0% yoy to RM357.2 million for 3Q2021, as average selling prices remain comparatively higher than pre-pandemic levels. Collectively, the Group recorded a blended gross profit margin of 54.7% for 3Q2021. Overall, this led the Group to post a 49.2% yoy increase in net profit attributable to shareholders to RM266.4 million for 3Q2021. The Group continues to generate strong operating cash flows of RM449.0 million for 3Q2021 which has contributed to the resiliency of its balance sheet. Supported by cash and cash equivalents of RM1.8 billion as at 30 September 2021, the Group remains in a strong position to further its capacity expansion plans and navigate the prevailing industry headwinds. Outlook For Phase 7 of the Group&rsquo s capacity expansion plans, the Group faced temporary delays as a result of the disruption to construction and other related works caused by the Movement Control Order (MCO) in Malaysia. Accordingly, the additional 1.5 billion pieces of new production capacity for Phase 7 will come online by 1Q2022. Beyond Phase 7, preparations for the Group&rsquo s latest production facility for Phase 8 is currently underway. Subject to prevailing market conditions, Phase 8 is slated to add up to 1.5 billion pieces of gloves to bring the total annual production capacity of the Group by up to 13.5 billion by FY2022/23. Executive Chairman and CEO, Mr. Wong Teek Son (黄 德 顺 ) remarked, &ldquo While we remain cognisant of the current industry situation, we continue to set our sights on longer-term prospects to achieve sustainable growth. For one, our differentiated business model driven by our industry leading cleanroom glove business will provide the necessary support as we navigate the evolving healthcare glove market. We will also continue our focus on developing new and innovating products to diversify our income streams by capturing new market segments, namely in food processing, pharmaceutical as well as surgical glove segments to fuel growth. Backed by our robust financial position and the continued support of our long-term customers, we are confident of navigating the near-term headwinds and remain positive of our future prospects
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