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Riverstone
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Riverstone go go go!
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Mandmx
Member |
29-Feb-2024 15:36
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It' s a bull trap. The price movements show that it is very well coordinated like a syndicate. Will hv to depend on their mood now. | ||||
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Tracer63
Elite |
29-Feb-2024 15:35
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If tomorrow gap up at 0.73, shortists will need to attach a booster on their backside | ||||
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msksmsks
Supreme |
29-Feb-2024 14:54
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Nabeh
Din expect price went below 70 while I'm out for meeting .. But remained steadfast |
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beng1102
Elite |
29-Feb-2024 14:53
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Just eat up more @69.
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tonytony
Veteran |
29-Feb-2024 14:19
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Bought some today . | ||||
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ETHunter
Master |
29-Feb-2024 11:22
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Thanks bro. Holding for dividends and cap gain for RS never disappoint.
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msksmsks
Supreme |
29-Feb-2024 11:09
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Bro ETH RS do not hv a company mandate to do SBB... But Mr Wong or it' s directors can buy by their own discretion fm open mkt Agree with u that FY24 wl be even better than FY23 both top and bottom line.....including higher dividend payout Cheers
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ETHunter
Master |
29-Feb-2024 11:03
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RS is an interesting counter to trade. Those who know the game, make lots of money. Looking at the 2023 results. Q4 - Rev 229.8m, Margin 39.6%, Net Profit 67.4m Q3 - Rev 222.8m, Margin 34.9%, Net Profit 59.3m Q2 - Rev 224.2m, Margin 28.9%, Net Profit 46.9m
Q1 - Rev 238.0m, Margin 26.0%, Net Profit 46.7m
Every qtr can see increase trending margin and profits. With a better outlook for 2024, revenue may be up another 10 to 15% conservatively. Gross margin is retained at about 39 to 40%. What will be the profit? Wonder whether boss with so much cash, will do a buy back at this level. Anyone think so? Dyodd. Cheers. |
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msksmsks
Supreme |
29-Feb-2024 10:47
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Outright depression to weed out weak holders, Once the flush is completed, likely wl resume it' s uptrend ... |
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eddyeddy
Master |
29-Feb-2024 10:30
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SGX engaged market makers to create " market " for the retainers to participate.
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joe1991
Veteran |
29-Feb-2024 10:19
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Wait for CD....,💰
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eddyeddy
Master |
29-Feb-2024 10:16
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The BBs will depress the price till their positions are cleared .
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beng1102
Elite |
29-Feb-2024 10:12
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Unhealthy stock exchange where a massive prevalent of fear due to selling, short selling that as we have seen everyday.
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eddyeddy
Master |
29-Feb-2024 10:09
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Those who bought on Monday, with the hope of contra by this Friday are in the dilemma.. | ||||
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tonytony
Veteran |
29-Feb-2024 10:05
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Maybe was expected but still below expectation ?
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Chansenghoe1971
Elite |
29-Feb-2024 10:03
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0.8 | ||||
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msksmsks
Supreme |
29-Feb-2024 09:58
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Let the dust settled down first....
Mkt is fwd looking....with an optimistic FY24 guided by Mr Wong, this bodes well for RS RS wl resume it's uptrend with analysts upgrades |
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PoorEric
Veteran |
29-Feb-2024 09:56
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I wont say the results are good hahaha | ||||
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tonytony
Veteran |
29-Feb-2024 09:52
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Rather bewildered to see so many ,rush to sell. after good result was announcement . Amazing !
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msksmsks
Supreme |
29-Feb-2024 09:47
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Price actions suggest genuine buying gg on
Once 73 is taken down, likely the short covering wl take place and push the price higher |
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