| Latest Forum Topics / Riverstone Last:0.86 -- |
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Riverstone go go go!
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msksmsks
Supreme |
27-Aug-2024 12:07
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A 2nd attempt B4 lunch to bring down 0.92 but was swiftly recovered and replenished Once the shorts can' t get much of it, what wl they do ? Pbbly short covering The bulls wl take control of it soon, IMHO As Bro Highlander mentioned , looking fwd $1 and abv |
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msksmsks
Supreme |
27-Aug-2024 10:48
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Oh yea.... My mistake..... Perhaps, I keep thinking my target price of 1.2 . haha But i do looking higher than 1.2 next year
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highlander
Senior |
27-Aug-2024 10:29
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I guess you meant 0.92. Strong support at the current level and hope it will power above 1.0 within these 2 weeks.
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msksmsks
Supreme |
27-Aug-2024 10:00
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Took alook at the price actions awhile ago
noticed tat the selldown 1.2 of 101 lots but it was quickly replenished with buyers again Hence, opined RS likely wl charge fwd Let's see and hope I'm right |
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msksmsks
Supreme |
27-Aug-2024 09:22
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Modus operandi remained unchanged.
Remained steadfast and be patient With its robust earnings and growth trajectory and giving generous dividend, RS wl outperform When a biz.does well , price eventually follows |
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msksmsks
Supreme |
26-Aug-2024 12:02
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Congrats. RS is on strategic long term uptrend.....More to come
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easywin
Supreme |
26-Aug-2024 11:38
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l' m lucky got it at 91 with excellent results with CD dun expect someone selling cheap to me.
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msksmsks
Supreme |
26-Aug-2024 09:54
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In good hands despite some swift selldown. Opined RS abt to breakout |
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msksmsks
Supreme |
24-Aug-2024 15:07
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Bro RH,
The pleasure is mine too with others having the same conviction . Let's ride it up with RS growth trajectory
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Rockyhula
Member |
24-Aug-2024 09:28
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Bro Msks, hv also been in RS for years .. good to hv you w strong convictions riding the RS journey. |
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msksmsks
Supreme |
23-Aug-2024 19:31
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Dividend 4 sen
XD Sept 16 Payable Oct 4 Next.wk, tag CD |
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msksmsks
Supreme |
23-Aug-2024 12:55
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Yes, Bro
We hv clearly seen tat RS had emerge.a.clear winner in this industry especially after Covid. Most of its peers were in losses while RS remained profitable every Qtr and still giving generous dividend Numbers Don lie FY24 wl be good for RS but next year FY25, it wl be even better . Hence, looking fwd to $1 and twds 1.2 and possibly higher for FY25
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stlimst
Master |
23-Aug-2024 10:44
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Bro, I admire your unyielding bullishness and confidence in RS.
I have a small holding in RS for a long time that I keep for dividend. Very happy with my holding. Hopefully will reach $1. Good luck
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msksmsks
Supreme |
23-Aug-2024 10:32
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As mentioned b4, RS resilient model had conditioned them to thrive with or without Covid yet generating FCF every Qtr and giving generous dividend.
Focused it's strong fundamentals . When their biz.does well, the price wl eventually follows |
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msksmsks
Supreme |
22-Aug-2024 13:50
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RS is on strategic long term uptrend
for the next 1-2 years given its growth trajectory. With its strong fundamentals and visibility RS easily past $1 and moving twds my TP 1.20
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msksmsks
Supreme |
22-Aug-2024 13:16
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RS is undervalued and price rally wl catch
up it's fundamentals and it's growth trajectory When a biz does well, the price eventually will follow. WB |
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highlander
Senior |
21-Aug-2024 16:56
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Thank you for sharing the facts. One of the most well managed and profitable glove manufacturers.
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msksmsks
Supreme |
21-Aug-2024 08:11
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RS resilient model had conditioned them to
thrive with or without Covid yet generating FCF every Qtr and giving generous dividend The fact is that year to date 1) 1H24, net profit up 54% 2) Dividend payout ratio 82% 3) 1H 24 dividend 8sen vs 5sen for the same corresponding period. The optimistic guidance fm Mr Wong wl lead RS higher for the full year performance enabling higher profitability and dividend payout. importantly, it's the growth trajectory that's forthcoming for next year when the high margin production lines are commissioned this Q4 and also coupled with the recovery in the semiconductor industry Investing is abt knowing what u are buying and also what's forthcoming . RS wl outperformed and wl go past $1 and beyond Cheers |
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beng1102
Elite |
20-Aug-2024 16:43
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Just STRONG BUY as it is still going up especially now correction looks over.
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WBdisciple
Elite |
20-Aug-2024 08:13
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Looks like more momentum will come into glove makers as things unfold.. 1. https://www.straitstimes.com/asia/se-asia/malaysia-on-high-alert-over-mpox 2. https://www.channelnewsasia.com/east-asia/china-steps-checks-mpox-asia-high-alert-singapore-hong-kong-malaysia-who-global-health-emergency-4550236 3. https://www.channelnewsasia.com/singapore/mpox-cases-monkeypox-outbreak-singapore-africa-transmission-ong-ye-kung-4552221 Pls DYODD... |
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