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Riverstone
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RIVERSTONE HOLDINGS LIMITED
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Luzern
Supreme |
21-Sep-2021 21:21
Yells: "9" |
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2022, 2023...ASP projected  to be in the US$20+.....................As shared by a Bro in Top Glove thread. " https://klse.i3investor.com/m/blog/sinchew_company_story/2021-09-21-story-h1571645927.jsp Malaysian friend send me this..According to this, TP slashed to RM1.68 equivalent to $0.56 thereabout..could be the reason of today?s drop..holders, brace yourself, the worse is yet to be..just stating facts..take care and DYODD..in the mean time, UG and Medtecs do a technical rebound, those could be a better play..cheers.. "   |
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beng1102
Elite |
21-Sep-2021 21:21
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That right!  People are hidding so much of good analaysis but only come out to show the world when everything is done and over with.  All these are history.
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tritonyeah6666
Senior |
21-Sep-2021 20:56
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Not that I entirely disagree but Like that stock market is really a place of no fundamental, no growth, no nothing except pure monkey business pure manipulation.
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beng1102
Elite |
21-Sep-2021 20:30
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Next time u must said it early then can be convincing.  0.915 to 0.50 people think that u r just injecting fear to profit from it then it becomes not convincing.
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Leenyah
Member |
21-Sep-2021 20:18
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Definitely more than one suffered a drop on XD - include both Msian and SG based companies. Many who had received dividends this year would agree. The point is shortiest have been successful here in their fear propaganda because the retailers, retirees here are easy prey to the shortest. In the US, the same type of investors would rebut the fear mongers and only believe it if is substantiated by evidence. Go to yahoo.finance conversations and experience the atmosphere there - it is a lot different from SGX When good news is looming, the shortiest group would quickly counter the news by posting fear - for example quoting the management of company as incompetent or a senior executive not having the relevant experience. These are 1 or 2 persons&rsquo VIEWS and the post often did not offer any news/reports/ announcements as back up. The problem here is that weak investors are easily frightened by such negative sentiments, maybe we are all kiasus.
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wavehunter
Supreme |
21-Sep-2021 20:16
Yells: "Trade what you see, not what you hope to see." |
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If she goes back to 50 cts, you will be the first to remember I said it when she was at 0.915. Have a good and restful evening, everyone and do take care of your hard-earned savings and.... all the best.  |
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beng1102
Elite |
21-Sep-2021 19:54
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Yes.  Thank you very much.  If would be beneficial If you have said when price was 1.5.   
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wavehunter
Supreme |
21-Sep-2021 19:40
Yells: "Trade what you see, not what you hope to see." |
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![]() The last time I was here, the bulls in this thread all cited the same reasons, ie. demand for gloves will remain high, order books all filled up till Q1 of 2022, High ASP (Average Selling Price) of gloves, supernormal profits expected for 2020 and 2021 etc etc etc...... to argue that the stock price will recover and various price targets were given such as $1.80 to $2.20 or thereabout. But what really happened to the stock price? The chart above says it all. It was a more or less one way ticket to the South Pole. The truth, the whole truth and nothing but the truth is that you and I and everyone else in this forum and in all the stock forums in Spore and elsewhere put together cannot move this stock. For this stock to recover to its peak, a monkey (whether the original or a new one it doesnt matter) must want to play this stock back up. Otherwise, it wont happen. And my take is that no monkey will want to PUMP & DUMP this stock. Why ? There are too many stuckists. Just look at the chart. This stock has been falling for 1 year. When she was on the way down, there were retail players who picked her bottom and bought. Just like what some of you are doing now to pick her bottom at her current price. But she fell and fell. Meaning whoever bought her during the last 12 mths, most of them are stuck and still stuck. Hence, a monkey knows that if he tries to do a PUMP & DUMP for this stock, he is going to run into layers after layers of resistance filled with stuck retail players. And he also knows that there wont be enough retail buyers for him to distribute to. Coz retail players will recognise the PUMP & DUMP this time round if it happens again and they will wise up and wont chase it. The monkey' s plan will then fail. It is alot easier for the monkey to find another stock with a story to do the PUMP & DUMP routine where it being the first time, it is easier to con retail players to exploit the greed of retail players coupled with FOMO to suck them in to chase the stock for him to dump.    |
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beng1102
Elite |
21-Sep-2021 19:32
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If u have said this when price was 1.50 then it all make sense.
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tritonyeah6666
Senior |
21-Sep-2021 19:32
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Riverstone refused to drop the way you wanted it months ago. Now you are back with your monkey theory )
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csnigel
Member |
21-Sep-2021 19:23
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It's balance sheet is way different from pre pandemic levels. Should not use pre pandemic levels to value it. It is starting to look attractive if it gets lower. | ||||
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msksmsks
Supreme |
21-Sep-2021 18:00
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Ignorant , fear/greed & sentiment . Of course not juz only these few factors.
Know what u are buying/investing.....if the fundamentals of a CO is deteriorating, ...AVOID Though RS price had.slumped fm peak, I'm opined their fundamental had not changed/deteriorates thus I'm looking this an investment opportunity. Anyway, one shld always manage his/her own risk appetite and management as mkt is dynamic Cheers
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yumsang
Member |
21-Sep-2021 17:49
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so why the steep fall? 
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Midtermer
Master |
21-Sep-2021 17:39
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I agree, said many times RS is different from the other gloves companies. With semi con expanding, RS will need to keep up with cleanroom gloves production. Profit margin for CR gloves is higher than nitrile gloves if I recall correctly. Cheers.
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msksmsks
Supreme |
21-Sep-2021 17:14
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When too much pessimism sets in , it's abt time to look at it.
The stock had fallen fm a steep cliff and neither they are plagued with losses in contrary they make more $$$ before covid and wl remain so as this pandemic wl not be over so soon. 危 机 。 。 。 。 没 危 险 , 哪 有 机 会 。 So we can't expect the stock price to go bk before pandemic as if nothing happen. Cheers |
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wavehunter
Supreme |
21-Sep-2021 17:03
Yells: "Trade what you see, not what you hope to see." |
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" Glove is in high demand" was the most often used phrase in this thread when she was at 1.50 to 1.60. All the bulls here said the same thing - gloves in high demand, order books filled until 1st quarter of 2022, supernormal earnings to be expected etc etc etc....clean room gloves different from surgical gloves etc etc etc. But what happened to the stock price? Fell from 1.50/1.60 region to now 0.935. I am not saying she will fall to 50 cts tomorrow. But I am saying she is heading towards there. How long it will take for her to get there, only time will tell. Trade this stock. Jump IN and OUT to catch her bounces. But dont expect a recovery. Every bounce is going to be nothing more than a meow meow dance. .
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mrwise
Supreme |
21-Sep-2021 16:59
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Shortist buying back!!! Price will be push up!!
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mrwise
Supreme |
21-Sep-2021 16:52
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Back to $1.20 at least..... soon!!!  
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msksmsks
Supreme |
21-Sep-2021 16:50
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This pandemic not gg away so soon. Even with the vaccination rolling out world wide, the demand is still overwhelming.....
Importantly, depending which sector the glove maker is serving Cheers |
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mrwise
Supreme |
21-Sep-2021 16:50
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It wont....look at medtec.....it is also much higher! Not to see it this way....Glove is in high demand!  
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