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Riverstone
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RIVERSTONE HOLDINGS LIMITED
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sutiono
Veteran |
19-Aug-2021 09:33
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The 6 months NP already exceeded RM 1b . If we just base on rM 1.8b NP whole year. and tthe minimum dividend payout rate of 40% ( Note LY 50% ). 1,800,000,000 x40% =720,000,000 @ exchange rate of 3.13 = S$230,031,900 /1,482,168,100 shares =S$0.155 . @1.23 , dividend yield =11.9%   |
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albeniz
Veteran |
18-Aug-2021 19:30
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Not bothered by short term fluctuations.  I am treating it like fixed deposit and collectking dividends along the way. | ||||
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FreedomAngelz
Veteran |
18-Aug-2021 18:59
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We are one month away from the Ex-date for the RM0.10 dividend.....shortist will slowly exit and price may reach $1.40 resistance.  Winter is also coming which is bad news for those country that have to go thru cold weather and fight covid. Cleanroom gloves is expected to maintain high ASP till at least 2023 |
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lujack
Member |
18-Aug-2021 17:59
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Have to be careful due to malaysia politic
Dydd
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odebrecht
Member |
18-Aug-2021 17:58
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With increased production and greater economies of scale, the downward pressure on selling price of gloves should be well managed. 
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stanip
Veteran |
18-Aug-2021 12:34
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The covid picture remains unclear. Experts are talking about pandemic might drag on for another year. The production volume increase would be better absorbed in this scenario and the downward pressure on the selling price might be more moderate which will be positive for glove manufacturers.  
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Midtermer
Master |
18-Aug-2021 09:52
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RS is the glove counter out of the other Malaysia gloves counters that I have the most confidence in terms of FA. Although still manipulated but the fundamentals are solid and good to keep imo. Demand for Cleanroom gloves are expected to keep going up in the near future.dyodd.
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sure.can.work
Senior |
18-Aug-2021 09:07
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One have to ask themselve what is the reason they buy into this counter in the first place? If FOMO then too bad...you either have to cut lost or hold on to the stocks for a long long time until some big boys buy up, but if there is this someone who could buy up....then there must be something cooking....I bet you won' t be selling either once it reaches the target price......but if you buy into the stocks for good div return, then the fundamental of the company has not changed except the fluctuation of the glove price....these are market force and there is nothing you can do about....but all these large companies usually hedging it with increase production capacities and products diversification...over the years....the downward curve will be flatterned somewhat and the div return will be somewhat matches....at > 10% annual return, there is nothing to worry?. 
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msksmsks
Supreme |
18-Aug-2021 07:54
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Mrng folks
风 水 轮 流 转 。 。 。 。 there wl be rotational play. Those high growth stocks with lofty valuation yet failed to meet mkt expectation wl be switched out . Numbers don't lie. RS had outperformed and wl do well for the rest of FY21 and beyond next couple years. Hv faith n it wl adjust bk to it's equilibrium Cheers |
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sutiono
Veteran |
17-Aug-2021 21:17
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The BBs know something that we don't know ? | ||||
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n3wbie
Elite |
17-Aug-2021 21:03
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Agreed but for glove counters, they provide growth and dividends yet unfavoured by Mr Market. 
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sure.can.work
Senior |
17-Aug-2021 18:12
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All the growth stocks kaputed, dividen stocks is the way to go...keeping the faith 
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FreedomAngelz
Veteran |
17-Aug-2021 18:09
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$1.19 is RS strong support there....die die need to protect that support line. | ||||
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n3wbie
Elite |
17-Aug-2021 17:17
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EV/EBITDA of 2x and decent dividend yield of c.6%. Gotta monitor if funds rotate into the sector as these are way overdue for a re-rating and the pessimism seems overdone for a long while now.
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sutiono
Veteran |
17-Aug-2021 17:08
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PER Below 3 still not cheap ? Maybe 1 ? | ||||
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n3wbie
Elite |
17-Aug-2021 17:06
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Just thinking aloud - the depreciation with MYR against USD, wouldn' t that be favourable for glove manufacturers in general?  | ||||
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Andrew123
Master |
17-Aug-2021 16:14
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no movement better than drop
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Power152100
Senior |
17-Aug-2021 16:12
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No movement lah | ||||
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Power152100
Senior |
17-Aug-2021 08:37
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Should be up abit today... | ||||
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TA_Expert
Supreme |
16-Aug-2021 15:33
Yells: "The World has changed" |
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Finally can enter at the golden dollar after so long waiting. | ||||
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