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Longtermer Elite	10-Jan-2022 16:23        Longtermer About Contact  Quote this Post! Style: Flexible   Yells: "A disciplined investor is a wealthy investor"
x 0   x 0  Alert Admin	RS pressed down for too long. Profits and balance sheet is one of the best in class. Can catch up with TG..
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Ipoh123 Senior	10-Jan-2022 16:21        Ipoh123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Very strong, cleared 60ma resistance. next one at 0.82c enjoy long
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PQTPQK Supreme	10-Jan-2022 16:13        PQTPQK About Contact  Quote this Post!
x 0   x 0  Alert Admin	any good news ??? seem very strong... Midtermer      ( Date: 10-Jan-2022 15:41) Posted: Daily chart showing 20ma crossing 50ma potentially in the next few days. Good sign. ksangks      ( Date: 10-Jan-2022 14:56) Posted: The undertone is very strong it is  silent and quite accumulations
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Midtermer Master	10-Jan-2022 15:41        Midtermer About Contact  Quote this Post!
x 0   x 0  Alert Admin	Daily chart showing 20ma crossing 50ma potentially in the next few days. Good sign. ksangks      ( Date: 10-Jan-2022 14:56) Posted: The undertone is very strong it is  silent and quite accumulations
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ksangks Senior	10-Jan-2022 14:56        ksangks About Contact  Quote this Post!
x 0   x 0  Alert Admin	The undertone is very strong it is  silent and quite accumulations
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marco69 Senior	07-Jan-2022 17:42        marco69 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Refer to last week data, recorded short volume still accumulate at 8mil. Sightly higher than pervious week actually. Pattern look kinda the same like beginning of 2021. I personally will be cautious. If enter most likely for their dividend. So will only enter when price hit my comfortable range. Previously earn abit from small spread difference of this counter.
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marco69 Senior	07-Jan-2022 17:29        marco69 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This price must stay for a while at least. Can observe it often get sell down suddenly n wipe off whole week effort. Sentiment will not be like when pandemic first hit the world where it keep spiking with everyone been jolly. ksangks      ( Date: 07-Jan-2022 17:10) Posted: So today closed above 0.73 , should be up trend now ? TikTalk      ( Date: 05-Jan-2022 15:44) Posted: --- Post Removed by User ---
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ksangks Senior	07-Jan-2022 17:10        ksangks About Contact  Quote this Post!
x 0   x 0  Alert Admin	So today closed above 0.73 , should be up trend now ? TikTalk      ( Date: 05-Jan-2022 15:44) Posted: --- Post Removed by User ---
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Midtermer Master	07-Jan-2022 17:07        Midtermer About Contact  Quote this Post!
x 0   x 0  Alert Admin	Next week should continue to trend up. Weekly chart looking good. Cheers. Midtermer      ( Date: 05-Jan-2022 17:22) Posted: Thanks for the chart bro, weekly chart showing a potential macd crossover if it closes well this week. We may be in a bull run for a while. Cheers.
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ksangks Senior	07-Jan-2022 09:41        ksangks About Contact  Quote this Post!
x 0   x 0  Alert Admin	Good company , good products and good financials , but not many want to own the share ?
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beng1102 Elite	06-Jan-2022 21:55        beng1102 About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.cnbc.com/2022/01/06/new-covid-variants-are-a-danger-until-the-whole-world-is-vaccinated.html &lsquo The next variant is just around the corner&rsquo : Experts warn the world&rsquo s at risk until all are vaccinated beng1102      ( Date: 05-Jan-2022 13:53) Posted: RS is now above 50MA, so it is getting bullish.  Just buy all glove counters.  Rotational play mean all would eventually go up. marco69      ( Date: 04-Jan-2022 16:13) Posted: What if TG continue toward RS? RS +2% gone case?
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stanip Veteran	06-Jan-2022 16:52        stanip About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks Bro midtermer for pointing out a calculation error in the RS price to book ratio (currency problem).  At mid year, it was above 1.    Midtermer      ( Date: 06-Jan-2022 14:49) Posted: Thanks for the comparison and analysis but I would like to point out that NAV for RS as of 30jun2021 is 1.42 RM and not SGD hence the price to book is more than 1. Having said that, RS is still deeply undervalued in my opinion and poised for a strong run up this quarter at least. Dyodd. stanip      ( Date: 06-Jan-2022 12:56) Posted: Thanks! Quite interesting. Think RS is a deep value play more from asset valuation angle. Book value is at $2b but market is only selling this company at $1b and of this $1b, more than half already cash sitting on balance sheet. No wonder CEO is putting $2m personal cash in to buy. The breakup value (just an obseration) is so much more than the market valuation.    RS 0.5 vs Other glove company price to book ratio comparisions: UGH 1.04, TG 0.92, Supermax 0.94, Kossan 1.25, Harta 6.29.
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Richardlai Master	06-Jan-2022 15:40        Richardlai About Contact  Quote this Post!
x 0   x 0  Alert Admin	Net Assets - Riverstone 30.6.2021 it was RM 1.42 or S$0.45 approx. Presently it should be higher after adding first half profits.
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Midtermer Master	06-Jan-2022 14:49        Midtermer About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks for the comparison and analysis but I would like to point out that NAV for RS as of 30jun2021 is 1.42 RM and not SGD hence the price to book is more than 1. Having said that, RS is still deeply undervalued in my opinion and poised for a strong run up this quarter at least. Dyodd. stanip      ( Date: 06-Jan-2022 12:56) Posted: Thanks! Quite interesting. Think RS is a deep value play more from asset valuation angle. Book value is at $2b but market is only selling this company at $1b and of this $1b, more than half already cash sitting on balance sheet. No wonder CEO is putting $2m personal cash in to buy. The breakup value (just an obseration) is so much more than the market valuation.    RS 0.5 vs Other glove company price to book ratio comparisions: UGH 1.04, TG 0.92, Supermax 0.94, Kossan 1.25, Harta 6.29.   marco69      ( Date: 06-Jan-2022 12:07) Posted: So far RS management been holding their end of bargain. Whatever they mentioned in briefing they realise it. That's a very good point for long term investment. Dividend likely to be good based on current pricing. Just that dividend will only come in around May? This period will be traders play. Up n down alot for trading.
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stanip Veteran	06-Jan-2022 12:56        stanip About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks! Quite interesting. Think RS is a deep value play more from asset valuation angle. Book value is at $2b but market is only selling this company at $1b and of this $1b, more than half already cash sitting on balance sheet. No wonder CEO is putting $2m personal cash in to buy. The breakup value (just an obseration) is so much more than the market valuation.    RS 0.5 vs Other glove company price to book ratio comparisions: UGH 1.04, TG 0.92, Supermax 0.94, Kossan 1.25, Harta 6.29.   marco69      ( Date: 06-Jan-2022 12:07) Posted: So far RS management been holding their end of bargain. Whatever they mentioned in briefing they realise it. That's a very good point for long term investment. Dividend likely to be good based on current pricing. Just that dividend will only come in around May? This period will be traders play. Up n down alot for trading. stanip      ( Date: 06-Jan-2022 11:49) Posted: When is the earning announcement date for RS? Any wind on likely dividend? Their policy is half of the operating profit? Looking at their cash projection from their Q3 presentation for full year, more than half of their current 72 cents share price is actually in cash. And their price to book ratio is only 0.5 (i.e. this company is valued at half price) and half of this valuation is in cash. This is quite interesting.  Feel that the projected earnings decline is real due to post covid slow down and increase in global supply. But the timing drag due to omicron could become earning upsides for 2022. At a PE of 2 today and CEO spent $2m personal cash buying, plus half of the share price already in cash, there might be some pleasant surprises coming?  Other views?
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marco69 Senior	06-Jan-2022 12:07        marco69 About Contact  Quote this Post!
x 0   x 0  Alert Admin	So far RS management been holding their end of bargain. Whatever they mentioned in briefing they realise it. That's a very good point for long term investment. Dividend likely to be good based on current pricing. Just that dividend will only come in around May? This period will be traders play. Up n down alot for trading. stanip      ( Date: 06-Jan-2022 11:49) Posted: When is the earning announcement date for RS? Any wind on likely dividend? Their policy is half of the operating profit? Looking at their cash projection from their Q3 presentation for full year, more than half of their current 72 cents share price is actually in cash. And their price to book ratio is only 0.5 (i.e. this company is valued at half price) and half of this valuation is in cash. This is quite interesting.  Feel that the projected earnings decline is real due to post covid slow down and increase in global supply. But the timing drag due to omicron could become earning upsides for 2022. At a PE of 2 today and CEO spent $2m personal cash buying, plus half of the share price already in cash, there might be some pleasant surprises coming?  Other views?
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stanip Veteran	06-Jan-2022 11:49        stanip About Contact  Quote this Post!
x 0   x 0  Alert Admin	When is the earning announcement date for RS? Any wind on likely dividend? Their policy is half of the operating profit? Looking at their cash projection from their Q3 presentation for full year, more than half of their current 72 cents share price is actually in cash. And their price to book ratio is only 0.5 (i.e. this company is valued at half price) and half of this valuation is in cash. This is quite interesting.  Feel that the projected earnings decline is real due to post covid slow down and increase in global supply. But the timing drag due to omicron could become earning upsides for 2022. At a PE of 2 today and CEO spent $2m personal cash buying, plus half of the share price already in cash, there might be some pleasant surprises coming?  Other views?
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FreedomAngelz Veteran	05-Jan-2022 19:53        FreedomAngelz About Contact  Quote this Post!
x 0   x 0  Alert Admin	Let' s go RS., with Intel coming to build their factory in Penang, RS stand to benefit from this.
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ksangks Senior	05-Jan-2022 19:27        ksangks About Contact  Quote this Post!
x 0   x 0  Alert Admin	You really a savour of investors of RS. investor999      ( Date: 05-Jan-2022 17:29) Posted: I kept telling Wavehunter to buy. He won't. He is RS is doomed never rise anymore. All monkeys run road. So I ka ki lai..If others don't buy I buy lah. Somemore Wavehunter Bro say cannot average down, I ka ka average down..Si mi tai ji . Eh? ksangks      ( Date: 05-Jan-2022 15:14) Posted: Thks , no wonder price so firm. Please continue to buy and support .
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JustOnce Member	05-Jan-2022 18:15        JustOnce About Contact  Quote this Post!   Yells: "Learning to invest"
x 0   x 0  Alert Admin	don' t jinx it man... keep going up! investor999      ( Date: 05-Jan-2022 17:29) Posted: I kept telling Wavehunter to buy. He won't. He is RS is doomed never rise anymore. All monkeys run road. So I ka ki lai..If others don't buy I buy lah. Somemore Wavehunter Bro say cannot average down, I ka ka average down..Si mi tai ji . Eh? ksangks      ( Date: 05-Jan-2022 15:14) Posted: Thks , no wonder price so firm. Please continue to buy and support .
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