| Latest Forum Topics / Riverstone Last:0.855 -- |
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MarcoPolo-newly reborn star
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wavehunter
Supreme |
11-Nov-2021 14:57
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
Waaa lau......![]() Bro investor....dont lah. You said this many times already. My heart bleeds for you lare. 400k is alot alot of money to lose. Maybe hor..... 400k is enough to reduce everyone' s losses here by half ? Or a quarter ?  
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finjungle
Veteran |
11-Nov-2021 14:53
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x 0
x 0 Alert Admin |
relying on analyst reports? you must be joking!! How many reports have been proved correct on TPs?
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wavehunter
Supreme |
11-Nov-2021 14:43
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
Ya lor. When you look at the skyhigh Target Prices they yell out in their reports, you sometimes wonder these analysts Si Mmm Si Chiak Sai Tua one.  ![]() Anyhow HUAK ?    ![]() No wonder they are called anal-lyst.    ![]() They talk thru their anals.  ![]() Luan Luan Lai one.    ![]() That' s becoz at the bottom of every analyst' s report is a DISCLAIMER which says..... " I say first har. I Luan Luan Cong one har. You read  leow you go and do your own homework har. Dont say its becoz of me you buy this or sell that har. Whatever happens to your investment Boh Wa Eh Tai Chee one har. You die your business. Cong Thow Seng."     ![]()
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investor999
Elite |
11-Nov-2021 14:41
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x 0
x 0 Alert Admin |
It may be better for RS as it seems to have bottomed at 0.76 | ||||
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investor999
Elite |
11-Nov-2021 14:39
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x 0
x 0 Alert Admin |
I have a different reason to explain the chart and sentiments. It is all about margin calls and financing.
Top Glove fell the most. I could see it dragged down many other counters as people have to sell to raise money. When Top Glove already bottomed at 0.75 there is nothing left to sell to raise cash. So the "fat" counter is RS. Therefore RS fell again because funds need to raise cash. Not because of whatever utilisation rate, border opening and wealth tax blah blah blah. Just excuses. |
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ringo88
Senior |
11-Nov-2021 14:32
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x 0
x 0 Alert Admin |
Ah... Bro Wave.. scary word.
Analyst 😱
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investor999
Elite |
11-Nov-2021 14:30
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x 0
x 0 Alert Admin |
They are just reporting based on sentiments.
Stock goes up because analysts feel confident of their prediction..Stock goes down they change and find some reasons to explain why it goes down. Now they are not sure themselves |
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wavehunter
Supreme |
11-Nov-2021 14:27
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
An analyst who comes out of an Analyst Briefing and announcing to the world that he is positive about the company, by itself will NOT move a stock up. Unless this analyst is a monkey and he intends to do a PUMP & DUMP or he is going to get a monkey friend or associate to do a PUMP & DUMP. So until we see that, dont get your hopes high. And certainly dont let this analyst affect your trading or investment decision.  |
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easywin
Supreme |
11-Nov-2021 14:14
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x 0
x 0 Alert Admin |
maybe turning point just very near the corner  | ||||
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JessTrang
Veteran |
11-Nov-2021 14:13
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x 0
x 0 Alert Admin |
This bro has been warning and advise to his fullest. To those who are vested, you are not wrong too. But currently, you are not vested in the upcoming results but future pandemic.... 
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wavehunter
Supreme |
11-Nov-2021 14:12
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
So trade what you see, not what you hope to see. When we unwittingly becomes trapped in a stock which is doing this what I call ...." slowly bleed to death" type of price action, only one thing can save us - a stop loss. If we leave it to our emotions, trust me and I say this from my own personal experience, we will find a million and one reasons why we should not cut loss. Becoz to take a loss is painful. So we die die dont want to do it and dont want to face it. Only on hindsight will we realise that a stop loss would have contained our loss when things dont work out as expected and preserve much of our capital. Only a stop loss can achieve that for us. Be purely mechanical about a stop loss. When triggered, just cut. No IFs no BUTs. Make is a purely mechanical function. If your trading platform allows you to place a stop order there, let your trading platform do the needful for you. If we leave it to our emotions, 99% of the time we will get ourselves all skrewed up. Which is why it is said that a stop loss is designed to protect our capital. From us. 
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JessTrang
Veteran |
11-Nov-2021 14:10
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x 0
x 0 Alert Admin |
Please, truth hurts. Don' t keep saying shortists are the main culprits to bring down this stock price.. it' s the overall market sentiments which give shortists an opportunity to bringitdown at a faster pace. Think of why shortists are attacking PPE/glove counters. Are they stupid? And sometimes they are the ones to help a stock   shoot up faster to cut losses because market sentiments is strong. They don' t just short these counters... look at other counters with shortists invasion like Genting and Thaibev, millions shares shorted daily, are they holding well?   
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beng1102
Elite |
11-Nov-2021 14:05
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x 0
x 0 Alert Admin |
Exactly what I said before.  ASP normalized is expected as it was extremely high before.  Eventually the strong balance sheet and dividend will mean investor will be rewarded.  Unlike shortist, our strength is that we have longer time horizon.
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wavehunter
Supreme |
11-Nov-2021 14:03
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
This is confirmation bias and anger all rolled together at an elevated level. Pick and choose what I said out of context, put them together and then said I am contradicting myself. Confirmation bias includes this - a bias selection of what I said, those which you think can help to paint the picture of me you wish to paint, put them all together and then say...." Ah ha !!! Gotcha !!!" No point I dissect and breakdown each part of what you said and try to explain or convince you. Becoz you are angry. Becoz you dont want to understand. Its not that you dont understand what I have been saying. Its you choose not to understand. Becoz your confirmation bias and anger are at unhealthy elevated levels. Any attempt by me to explain will simply produce another reaction of bias selection of what I said and quoting me out of context to say " Ah ha !!! Got you again !!!" So in your case, no point. And I wont waste my time. Think what you like. Do what you like. And if to continue to be a sacrifice to try to save this stock is what makes you happy, then I wish you happy holding and looning on. What matters to me is there are others who understand my postings and they dont have any problem following my logic and explanation which is all backed by charts, historical performance and price action. And for these people who understand, their next challenge is to convince themselves that they need to bite the bullet and cut before the market takes away more of their hard-earned and precious capital. My postings are meant to help those who are objective and wish to hear all the different perspectives and then decide what' s best for them. Those who dont want people to sell, convince them not to sell. Explain to them and convince them that they are better off not selling. Those who read my postings and agreed (or even disagreed) with me but they sold when the price was higher, how many of them will today say " NABEH, I sold when the price was much higher after reading his postings. I really, really regret selling ar."     ![]()  
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TA_Expert
Supreme |
11-Nov-2021 13:55
Yells: "The World has changed" |
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x 0
x 0 Alert Admin |
New low day after day, quite depressing. | ||||
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halleluyah
Supreme |
11-Nov-2021 13:54
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x 0
x 0 Alert Admin |
tis bugger, medtec,top glove all rally downward no.1..... | ||||
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highlander
Senior |
11-Nov-2021 13:48
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x 0
x 0 Alert Admin |
Riverstone held an analyst briefing yesterday. Just wish to share a verdict by the analyst from Stockbit ( 10 Nov 2021) *Verdict*:  All in all, I came out from the briefing feeling positive. Mr WTS as usual is very objective, stating the situation as it is. Normalisation WILL happen. Times of supernormal profit IS OVER.  Riverstone healthcare gloves have got 20-25% cost advantage over peers. Additionally they still have their cleanroom gloves which continues to be strong. Operation cash flow is strong, net cash over market cap now is now around 50%.  I&rsquo d admit that this year has been a tough one holding to the glove stocks. The portfolio suffered losses in 2021 holding into our glove positions. However Going forward into 2022, gloves exposure provide the portfolio with extremely deep value with huge cash & yield, and a good hedge vs the port&rsquo s overall bias towards growth / high beta stocks. ****** |
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Godwinlow
Elite |
11-Nov-2021 13:37
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x 0
x 1 Alert Admin |
Plus I have been telling you to go ahead to short RS. If u have stand your ground and go and short Riverstone, you would have made off my money. What you did in the process? Chip chip harping around. Doing nothing. 
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Godwinlow
Elite |
11-Nov-2021 13:27
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x 0
x 0 Alert Admin |
If u short the stock and make money. I will be happy for you. Cause u made the decision to take the risk and win. All the people that buys here take risk to invest with their money. Unlike you. Just use your mouth and words harping around. 
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Godwinlow
Elite |
11-Nov-2021 13:25
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x 0
x 0 Alert Admin |
Go ahead short the stock. Talk with actions. Don' t scare scare like a mice. Neither here or there
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