| Latest Forum Topics / Riverstone Last:0.86 -- |
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Riverstone go go go!
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msksmsks
Supreme |
19-Aug-2024 09:56
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Things happened for a reason. If WHO declared as pandemic, then it' s juz the beginning .. Things wl get worse b4 it can gets better  |
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msksmsks
Supreme |
19-Aug-2024 08:59
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Will the gloves counter be played up again ?? If it does, it wl pbby last for awhile as MPOX may trigger a pandemic scare
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msksmsks
Supreme |
17-Aug-2024 15:14
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Matter of time wl reach our shores
https://www.straitstimes.com/singapore/mpox-situation-in-africa-very-worrying-virus-expected-to-arrive-in-s-pore-ong-ye-kung
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msksmsks
Supreme |
16-Aug-2024 15:25
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Price actions for RS so far suggests
bullish signals. Time for rally |
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msksmsks
Supreme |
16-Aug-2024 12:18
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No wonder Medtec went up so much
these few days. Glove makers wl be next |
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oli007
Member |
16-Aug-2024 12:05
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Malaysia Glove all green after Mpox scare by WHO | ||||
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msksmsks
Supreme |
16-Aug-2024 10:29
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Observations fm price actions suggest RS is positioning for a ride up soon  
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msksmsks
Supreme |
15-Aug-2024 11:03
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it's like forming a triangle breakout
soon....hopefully I'm right Chart bottomish and looks gd.for a reversal Cheers |
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msksmsks
Supreme |
15-Aug-2024 10:45
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Buy and hold with conviction.
RS wl outperform with its growth trajectory and dividend payout Looking fwd $1 and beyond in due course
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beng1102
Elite |
15-Aug-2024 10:35
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STRONG BUY NOW as correction looks over.
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msksmsks
Supreme |
13-Aug-2024 14:07
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RS shld be embarking/resuming it' s uptrend after  some healthy correction/retracement ... Expecting a good set of result for 2H24  and higher dividend. Next year wl be even better once the prodn lines for higher margin is commisioned in 4Q this year  When the biz does well, the price eventually follows. WB Looking fwd $1 and target $1.2  
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msksmsks
Supreme |
13-Aug-2024 11:28
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RS gave 8 sen for 1H24 as compared to 5sen 1H23, Increase of 3 sen more  RS gave 12.5 sen for 2H23 .... What wl be the dividend for 2H24  ?? Presumbly wl be higher than 12.5 sen.... Looking fwd $1 and target $1.2    |
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msksmsks
Supreme |
13-Aug-2024 10:29
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Noted, Bro RS already oversold and bottomish. We hv to acknowledge following: 1) RS is on growth trajectory for the next couple years 2) Generating FCF every Qtr 3) Giving generous dividends  If a Co fundamentals such as RS is good, why scared ? In investing, know what u are buying and what' s forthcoming.
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joe1991
Veteran |
13-Aug-2024 09:29
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Sorry bro... i kia si...cut at 885....if lower then consider...don know when is divident??
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msksmsks
Supreme |
13-Aug-2024 09:14
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Tks bro for highlighting .
Was busy . At current price and oversold, more value emerged. Buy and keep. The reversal wl come. Numbers don lie with Mr Wong optimistic guidance
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highlander
Senior |
12-Aug-2024 16:44
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There seems to be some short selling in view of the weak market sentiment. Despite that, the buying support remains strong. Believe those who buy can see that RS is undervalued.  " " "   Riverstone offers the most attractive valuation in the glove industry with a > 100%  discount in terms of PE multiple and 8x higher dividend yield vs peers  ( By UOBKH, 8 Aug 2024 ) |
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msksmsks
Supreme |
12-Aug-2024 11:35
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Let' s see   Mr Wong sees an optimistic outlook fm    a strong order flow for our core cleanroom gloves since the end of 2023.... Wl tat translates to be better Fy24  ?    Opined better times ahead   |
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tonytony
Veteran |
12-Aug-2024 10:54
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The 2q result has shown earning stop growing after 3 consecutive double digit growth. New production lines will only be commissioned by end of this year. So 3 and 4 Q should be flat ., same as 2Q.
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joe1991
Veteran |
12-Aug-2024 10:47
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Today the stone too heavy...sink.... can 6464 le
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msksmsks
Supreme |
09-Aug-2024 10:23
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Happened to see this and found tat RS fair Value
is : $1.86 which makes it really undervalued at current price. There shld be more upside coming even though we discount abit. https://simplywall.st/stocks/sg/healthcare/sgx-ap4/riverstone-holdings-shares/valuation RS is on growth trajectory based on Mr Wong's optimistic guidance. Next 2Qtrs wl be expecting better result with higher dividends . Opined RS easily wl surpasses $1 mark and go beyond tat . Cheers |
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