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Riverstone
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RIVERSTONE HOLDINGS LIMITED
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sutiono
Veteran |
03-Jun-2021 09:28
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Many bought on 27, 28 May due to MSCI inclusion for speculation ,have to sell in these few days if they dont intend to pick up. Picked up some @1.42 . Will not see this bargain next week . | ||||
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Hello08
Member |
02-Jun-2021 19:20
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Endless selling counter. Too many hidden seller with huge quantity of shares on hand  | ||||
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coolbear123
Senior |
02-Jun-2021 18:00
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Good last 30mins, strong | ||||
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Jasongan
Member |
02-Jun-2021 15:45
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Well good for you if u shorted.we wil just wait abit longer for our TP then.
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coolbear123
Senior |
02-Jun-2021 15:25
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Target under 1.4 by Friday. | ||||
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Jasongan
Member |
02-Jun-2021 14:58
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Same here.we got same feeling.cheers Average up for me
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fwt1967
Member |
02-Jun-2021 14:27
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Added some at 1.44 . | ||||
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Hector
Veteran |
01-Jun-2021 11:17
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Think the new normal is not only for Singapore but the world that Gloves will be a essential PPE from now onwards  Demand will not drop too much even with vaccines rollout as protection is now the new normal key protection. Vested for long term growth since PE is so low    |
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Longtermer
Elite |
01-Jun-2021 11:15
Yells: "A disciplined investor is a wealthy investor" |
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Question is when will it really be post covid? When will vaccination be fully get to all countries esp those big ones? 2022? 2023? or when?? PM mentioned the new normal will be living with the virus gg fwd. Hygiene and safety with the help of PPEs will be the norm. I can see disparity on tests carried out by different countries. Those poorer ones have very low number of tests in their countries. The viruses are circulating and mutating among them as seen in India or even Brazil etc. The resurgent of new variants in Indian or now Vietnam which transmit faster and easily by airborne are of concern. The glove companies are tons these few years and currently price are deeply discounted due to sentiment. Look at TG, RS and UG balance sheets, cash flows and future income with expanded production. Profits and Results cannot lie. Dyodd and huat. Cheers  
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TikTalk
Supreme |
01-Jun-2021 11:11
Yells: "Anyone miss me?" |
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I put a little money on my chart analysis to see if the chart is correct.
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TikTalk
Supreme |
01-Jun-2021 11:04
Yells: "Anyone miss me?" |
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Below are charts for Top Glove, UGHealth and Medtec respectively for visual comparison of their price behaviour since April.
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TikTalk
Supreme |
01-Jun-2021 10:50
Yells: "Anyone miss me?" |
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Riverstone : The New Normal Firstly, I divided its chart by the vertical line A-B. Before this vertical line were all history of covid rally and post covid sell down, can say glove rally is over and fully price in. I had look at TG, Medtec & UGHealth charts too and some how I prefer Riverstone among them. I do not know each company products well therefore has very little fundamental to compare or comment. With vaccinations slowyly getting to most countries in the coming months one day all the glovesdemand will eventually slow down, but that doesnt mean all gloves companies will close shop. A leader in this industry will emerge as some company may not survive the New Normal.  Could Riverstone be the one to shine, from stone to gem? I dont know but I am following Riverstone closely. Why did all the 3 mentioned glove stocks rallied since April but couldnt hold, while Riverstone is  holding up near recent high. Some food for thought. All the bre@st
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PhillipTan
Supreme |
31-May-2021 15:44
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Be more cunning than them then Contra when they short, so that when they want to cover back, they are buying from your contra purchases at a higher price Lol
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Jasongan
Member |
31-May-2021 15:19
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Ya sia.super cunning.just need to wait very very patiently 
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investor999
Elite |
31-May-2021 15:16
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Don' t know. This shortist damn cunning | ||||
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PhillipTan
Supreme |
31-May-2021 15:12
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What' s next? | ||||
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PhillipTan
Supreme |
31-May-2021 15:11
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Cooool one there....
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investor999
Elite |
31-May-2021 14:29
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you are clever
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coolbear123
Senior |
31-May-2021 14:25
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Oops 
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investor999
Elite |
31-May-2021 14:16
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There are more shares for trading because of limits placed on margins. These valuable shares needs to be taken up by valued buyers |
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