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eddyeddy Master	04-Mar-2024 10:02        eddyeddy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Aways have some forced sales in the morning on Monday
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beng1102 Elite	04-Mar-2024 09:57        beng1102 About Contact  Quote this Post!
x 0   x 0  Alert Admin	When low just buy and hold and it will work well. ETHunter      ( Date: 04-Mar-2024 09:31) Posted: RS can be very volatile and aggressive in price action. Hold tight.
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chinesetea Member	04-Mar-2024 09:47        chinesetea About Contact  Quote this Post!
x 0   x 0  Alert Admin	if we hold on to the share and  dont sell. They  can' t short  down further  and  later  price  will  go up sooner or later.
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msksmsks Supreme	04-Mar-2024 09:44        msksmsks About Contact  Quote this Post!
x 0   x 0  Alert Admin	Real Gold not scared of fire Fundamentals wl prevail and numbers don lie given a optimistic FY24
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ETHunter Master	04-Mar-2024 09:31        ETHunter About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	RS can be very volatile and aggressive in price action. Hold tight.
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eddyeddy Master	04-Mar-2024 09:16        eddyeddy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Those who bought last week who don't want to pick up should be forced to sell by now .
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eddyeddy Master	04-Mar-2024 09:04        eddyeddy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ate some @0.675 , holding power vs shorting power.
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msksmsks Supreme	04-Mar-2024 08:08        msksmsks About Contact  Quote this Post!
x 0   x 0  Alert Admin	There is also a CGS rpt dtd Feb 29 also calling Buy with TP$0.88 too Cheers
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eddyeddy Master	04-Mar-2024 08:03        eddyeddy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Noted , Thanks msksmsks      ( Date: 04-Mar-2024 07:52) Posted: Aiyo. I don know how to share the link leh. Don worry ....I din fabricate it The last time when one forumer asked me to share the link, I hv to email him and then he make editions and paste over in SJ over Nanofilm. eddyeddy      ( Date: 04-Mar-2024 07:41) Posted: Please share this report , thanks
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msksmsks Supreme	04-Mar-2024 07:52        msksmsks About Contact  Quote this Post!
x 0   x 0  Alert Admin	Aiyo. I don know how to share the link leh. Don worry ....I din fabricate it The last time when one forumer asked me to share the link, I hv to email him and then he make editions and paste over in SJ over Nanofilm. eddyeddy      ( Date: 04-Mar-2024 07:41) Posted: Please share this report , thanks. msksmsks      ( Date: 04-Mar-2024 07:32) Posted: Mrng folks The rpt my broker fwd to me fm UOBKH is a buy call and TP $0.88 and dtd: Mar 1 Relac
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eddyeddy Master	04-Mar-2024 07:41        eddyeddy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Please share this report , thanks. msksmsks      ( Date: 04-Mar-2024 07:32) Posted: Mrng folks The rpt my broker fwd to me fm UOBKH is a buy call and TP $0.88 and dtd: Mar 1 Relac
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msksmsks Supreme	04-Mar-2024 07:32        msksmsks About Contact  Quote this Post!
x 0   x 0  Alert Admin	Mrng folks The rpt my broker fwd to me fm UOBKH is a buy call and TP $0.88 and dtd: Mar 1 Relac
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eddyeddy Master	04-Mar-2024 07:18        eddyeddy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Please share this UOB report which you mentioned , thanks Rockyhula      ( Date: 02-Mar-2024 14:24) Posted: I know UOB Kay Hian initiated a trading sell on RS.  Not sure if ppl really heed that n short sell.  But no matter, we buy a good quality business and it pays to hold on to it.    ETHunter      ( Date: 02-Mar-2024 10:44) Posted: Wondered why ppl want to short a company that will do well and reward shh with big dividends? The shorts need to pay back dividends on top of potential price gap up. Clever or stupid? Any thoughts anyone
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ETHunter Master	04-Mar-2024 01:11        ETHunter About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	UOB Kayhian report Riverstone s cleanroom gloves, which contribute about 80% of earnings, are expected to see a recovery in demand, driven by new clients onboarded in the preceding year and improvement in the semiconductor industry in 2024. On the healthcare gloves front, sustained product customisation efforts with new production lines are yielding results, as seen from increased demand for higher-margin customised healthcare gloves. We upgrade Riverstone to BUY with a 22% higher target price of S$0.82. WHAT& rsquo S NEW & bull Recent 3Q23 results signal potential turnaround in 2024. Riverstone Holdings (Riverstone) reported a 3Q23 net profit of RM59.3m (+26.5% qoq, -6.6% yoy), with 9M23 net profit falling 43.9% yoy to RM152.9m. While the glove industry faced a slowdown from pandemic-induced oversupply and less-than-optimal utilisation in 2023, we note that 3Q23 gross profit margin improved 6ppt qoq and 1.1ppt yoy. This significant expansion was driven by a stronger product mix, with more customised healthcare gloves delivered, and lower raw material costs during the period. & bull 97% dividend payout ratio as of 9M23 shows a strong vote of confidence strong balance sheet enables higher payout ratio of above 100%, translating into an attractive dividend yield of 8.5% for 2024. Riverstone declared an interim dividend of 5.0 sen, taking total 9M23 dividends to 10.0 sen/share (9M22: 16.0 sen/share), implying a 97% dividend payout ratio. Given that Riverstone has a strong balance sheet with net cash balance of RM951m as of 9M23, which is equivalent to S$0.18/share (around 30% of market cap), a payout ratio above 100% is highly likely. & bull Benefitting from higher-margin customised healthcare gloves. Besides being the leading global supplier for cleanroom and healthcare gloves, Riverstone offers products such as finger cots, cleanroom packaging bags and face masks. With more than 30 years of expertise, Riverstone' s cleanroom products under own brand RS have a unique competitive advantage. As for its healthcare gloves, Riverstone is in the midst of demolishing its 10-yearold production lines to build newer lines for customised products. This has allowed it to expand its gross margin substantially, as customised gloves fetch approximately 30% gross profit margin, around six times that of generic gloves. Moving forward, increased demand for customised healthcare gloves will drive higher margins for Riverstone...
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ETHunter Master	03-Mar-2024 22:53        ETHunter About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Really recommend sell? Their analysts recent TP was 82c. So this may not be true. eddyeddy      ( Date: 02-Mar-2024 15:15) Posted: UOBKY has the most remisiers with retail clients . Can understand why they promote short selling .
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sweet639 Veteran	03-Mar-2024 20:42        sweet639 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why its price can not move up? joe1991      ( Date: 03-Mar-2024 12:26) Posted: I hope boss Wong good words can help the share price else many will be disappointed.... N it wldnt do much help to this already depressing mkt..when houses recommend sells more than buys..most time make money on sell calls. Haha . eddyeddy      ( Date: 03-Mar-2024 11:23) Posted: Last AGM , someone asked Mr.Wong about he might take private , he shake his head left and right.
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joe1991 Veteran	03-Mar-2024 12:26        joe1991 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I hope boss Wong good words can help the share price else many will be disappointed.... N it wldnt do much help to this already depressing mkt..when houses recommend sells more than buys..most time make money on sell calls. Haha . eddyeddy      ( Date: 03-Mar-2024 11:23) Posted: Last AGM , someone asked Mr.Wong about he might take private , he shake his head left and right.
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eddyeddy Master	03-Mar-2024 11:23        eddyeddy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Last AGM , someone asked Mr.Wong about he might take private , he shake his head left and right.
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joe1991 Veteran	03-Mar-2024 11:10        joe1991 About Contact  Quote this Post!
x 0   x 0  Alert Admin	That's y I many years le only buy potential takeover or privatise stocks...most time make money(quite good)cos must hold. N not many such opportunity cos our mkt small ETHunter      ( Date: 02-Mar-2024 10:44) Posted: Wondered why ppl want to short a company that will do well and reward shh with big dividends? The shorts need to pay back dividends on top of potential price gap up. Clever or stupid? Any thoughts anyone? beng1102      ( Date: 01-Mar-2024 20:14) Posted: Short selling is 39% yesterday and today is 52%..    Closing up today means short selling has fail to depress the price futher
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beng1102 Elite	03-Mar-2024 10:35        beng1102 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Selling were mostly from short sellers but price still closed up.  That mean buy and hold is going to work well. ETHunter      ( Date: 02-Mar-2024 10:44) Posted: Wondered why ppl want to short a company that will do well and reward shh with big dividends? The shorts need to pay back dividends on top of potential price gap up. Clever or stupid? Any thoughts anyone? beng1102      ( Date: 01-Mar-2024 20:14) Posted: Short selling is 39% yesterday and today is 52%..    Closing up today means short selling has fail to depress the price futher
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