Latest Forum Topics /
Riverstone
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Riverstone go go go!
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marco69
Senior |
14-Apr-2022 14:21
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28sen, about 9c sgd......... 😂 Don't discount too much...
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ETHunter
Master |
14-Apr-2022 13:55
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Dividend 18sen is substantial.
Vested.
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marco69
Senior |
14-Apr-2022 13:31
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The recovery in the morning jump up quick. Kinda match the behaviour when nearer to next dividend ex-date which is 4th of May. About 3 weeks left from now.
I believe those holding will not take profit easily unless a significant jump. |
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valuefinder
Member |
09-Apr-2022 14:54
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Will recession affect the CR glove demand ? HC glove should be recession proof. | ||||
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valuefinder
Member |
09-Apr-2022 11:16
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RM0.28 xd on May4 , buying should be continued till this date . Worth buying at this level. | ||||
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marco69
Senior |
08-Apr-2022 17:25
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Now just accumulating phase for BB. They will always do a quick jerk to shake off weak holder and accumulate as low as possible without hurting their available holdings.
Anticipate near dividend ex-date will see them push n push... And even possible of the pulling the same stunt of price been driven up instead of drop accordingly. If it happen well.... Shortist will get caught off guard another time |
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TikTalk
Supreme |
08-Apr-2022 16:00
Yells: "Anyone miss me?" |
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A possible Descending Right Angle Triangle. Riverstone is holding up for dividend. Support at 0.97 being low on 22nd March and 29th March, this two level formed the baseline for a possible descending right angle triangle. A break below support as especially 0.945 cent being the low on 16th March could see further weakness toward a objective of 0.81 cent. All these could happen after the dividend play or just before and will have negative implication for prices. Before that happen it is likely to trade within support 0.97 to resistance 1.07 being the two highs on 21st March and 04th April. On a bullish case it will need to trade above 1.07 erasing the lower high to challenge the recent high of 1.13. Just sharing chart observation. All the bre@st. 
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Win_man
Member |
08-Apr-2022 15:13
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for this time, i welcome the shortist to bring down the price back to 70 or below. 
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easywin
Supreme |
08-Apr-2022 11:59
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1st dividend has received yesterday waiting to use the money to add more if can drop more | ||||
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msksmsks
Supreme |
08-Apr-2022 11:53
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Taking a breather before hitting new high again. Indicators had retraced fm toppish to neutral and awaits turning up fm bottomish Both TG and UG making ripples......this one wl be next Cheers |
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papayaface
Supreme |
05-Apr-2022 14:09
Yells: "This is the best time to enter....when everythings uncertain" |
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Sorry to say but $1 level break, now it looks like going down trend. Few buyers down the line. Maybe can see 90 cts very soon. Good luck
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marco69
Senior |
04-Apr-2022 17:28
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The issue is big money monitoring asp of the gloves for healthcare. Their investment interest more or less based on the asp movement. I believe they have the most recent data on hand. Unless u willing to pay big bucks for the data, as a retail investment u will always slower than the BBs.
Covid-19 case surge will only trigger a very short term spike or so for contra players. On longer term it still risky
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Midtermer
Master |
04-Apr-2022 12:01
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Possible scenario but unlikely. Seems like the previous round of buys is from institutions IMO. RS is still grossly undervalued at this price point and has differentiated itself from the other gloves companies. Cheers.
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highlander
Senior |
04-Apr-2022 11:55
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The ASP of healthcare gloves is almost back to pre-Covid level. Think, investors are looking at companies which are more cost efficient and with differentiation among the glove counters. RS is one of them as reported in The Business Times last week. The annual report is out, go take a look at the strong financials RS has. |
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tofudidi
Supreme |
04-Apr-2022 09:44
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if China cannot contain it. many country will ban china flights which will spark another rally.. better be safe and not travel now!
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Midtermer
Master |
04-Apr-2022 09:40
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Don't mind a medical rally but hope it's nothing serious. Covid-19 feels so yesterday and should end already.
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tofudidi
Supreme |
04-Apr-2022 09:19
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China added more than 13,000 new Covid-19 infections with state media reporting a case infected with a new subtype of the Omicron variant. https://bt.sg/3GGk this may spark another medical rally? |
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tofudidi
Supreme |
04-Apr-2022 08:53
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Today bb will take down $1.10! uptrend coming towards $1.50! slow and steady... | ||||
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seriousinvestor
Member |
02-Apr-2022 13:09
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Drop many thought it would go down to 0.40 .dared not buy , but now dare to buy ?
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tcctcc
Senior |
02-Apr-2022 11:54
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It hovered around 70 cents level in Jan/Feb, you coulf have also bought at that level. No one can exactly pinpoint the absolute low, is pure luck just like strike TOTO if you manage to do so. Similarly, no one can absolutely pinpoint the highest level.
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