Latest Forum Topics /
Riverstone
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Riverstone go go go!
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msksmsks
Supreme |
29-Apr-2022 15:13
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Contradict with what u said previously..... Haha.... cheers
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Tracer63
Elite |
29-Apr-2022 13:28
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Start buying | ||||
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Tracer63
Elite |
29-Apr-2022 13:05
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Buy at 0.94 to 0.95. | ||||
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highlander
Senior |
29-Apr-2022 12:08
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@Taigong_Jiang, share your view. IMO, RS share price will adjust after the ex-devidend but it will hold well and even trend up. Reasons : 1) Can continue to expect good dividend payout as per AGM details in the post below. 2) Believe RS business will continue to be strong both in their healthcare and cleanroom glove business. Hopefully their cleanroom business will lift them above the other glove maniufacturers.  Let' s see their Q12022 results. Anyone knows when is the announcement ? 3) Think EPF no longer holds much RS shares.  4) Outstanding short volume is quite low at around 5.4 million shares based on MAS report as of 22/4/2022.  5) Still see sign of strong buying. Anyway, please DYODD and ...hopefully those holding on will be rewarded.  
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Taigong_Jiang
Member |
29-Apr-2022 10:03
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Why dont wanna hold? Below is one of Q& A prior to AGM. I think next fat dividend coming soon. Management has announced Phase 7, 8, 9 through the end of year 2024, to reach a capacity of 15 billion gloves. This is estimated to cost RM 240mil for 3 phases. The current bank balance is RM 1,600 million. It does not make sense for this to be just left as Fixed Deposits. &bull What is the plan for this money? &bull Since this is not going to be used for expansions, why is management not returning this money to investors as a Special Dividend? &bull - - RM240 million for future expansion - RM100 million for working capital and contingencies - RM100 million allocated for FY2022 tax payment - Total of RM1,040 million utilised, 65% of RM1,600 million &bull Depending on cash outflows and balance will be paid as dividend in stages when appropriate.
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atozatoz
Member |
29-Apr-2022 09:48
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Many don't want to hold for the dividend . Sell before XD ? | ||||
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marco69
Senior |
28-Apr-2022 19:25
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Exchange rate still 9c sgd from latest currency update.
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beng1102
Elite |
28-Apr-2022 17:37
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I think the malaysia ringgit to SGD exchange rate depreciated has a slight negative impact lowering the actual pay amount.
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marco69
Senior |
28-Apr-2022 13:50
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Indeed that's the usual behavior especially if the sentiment is bad. Currently RS sentiment outstanding from rest of glove stocks.
Can anticipate some interesting movement especially company giving out news of at least 40sen dividend for 1H2022... RS management integrity so far intact. They act according to what they said. So much better than TG and some other medical stocks management.
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atozatoz
Member |
28-Apr-2022 09:57
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Tomorrow is the last day of CD . Next Monday and Tuesday are holidays | ||||
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msksmsks
Supreme |
28-Apr-2022 09:47
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Agree.  Dividend of 28 sen is too good to ignore.  Those shorrts yet to cover wl hv to pay for the bill With its strong cash flow and generating FCF every Q, can look fwd for it' s next generous dividend payout Cheers
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Midtermer
Master |
28-Apr-2022 09:35
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The company is really generous in sharing profits with shareholders so I'm long on this. It is no longer a pandemic play but a pure fundamental play given its strong position in HC gloves production. Cheers.
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msksmsks
Supreme |
28-Apr-2022 09:34
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Abracadabra...... Awaits  1.02 to break and pave way for higher price Cheers 
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Longtermer
Elite |
28-Apr-2022 08:58
Yells: "A disciplined investor is a wealthy investor" |
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Last agm, chairman mentioned utilisation up from last qtr 70% to 80 to 90% for latest qtr. Margin for CR is still very high and will be their focus (now about has 40% global market). Coming qtr should be good from the feel given at the AGM. The divdend 28sen is big and good to take. Dyodd.
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tofudidi
Supreme |
27-Apr-2022 16:17
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support support.. last man standing counter for medical.. strong cash flow and dividend 
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msksmsks
Supreme |
27-Apr-2022 16:15
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Paramount to know what u are investing and the biz as opposed perception.
Utilisation rate ard 80% and sales remain stable with compression of ASP fm HC sector but still robust with CR sector. Excess cash wl be returned as dividends as mentioned.. looking fwd another round of generous payout. Cheers
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Tracer63
Elite |
27-Apr-2022 15:58
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After XD, this one will likely tank. If you are not holding for long and just want to sell after XD, advise not to enter as the dividend will not be enough to pay for the subsequent loss after XD.
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msksmsks
Supreme |
27-Apr-2022 13:18
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Flood gate opening soon and river flow
Cheers |
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tofudidi
Supreme |
27-Apr-2022 10:53
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last 3 days to collect durian for dividend | ||||
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tofudidi
Supreme |
26-Apr-2022 13:16
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Next mon and Tuesday market close. Left less than 1 week for the juicy dividend | ||||
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