Latest Forum Topics /
Riverstone
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SIA revived
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Tracer63
Elite |
12-Jul-2022 13:20
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80 cents level coming soon | ||||
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Tracer63
Elite |
12-Jul-2022 12:45
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Add or buy on weakness, chart very nice, trending up
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marco69
Senior |
12-Jul-2022 12:42
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History had proven the BB know what we don't know. If Riverstone price constantly rising without known positive news, possibly be BB know something positive going on....
Don't goes against BB and BB don't goes against major trend. |
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beng1102
Elite |
12-Jul-2022 10:50
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Cases of Omicron variants are surging in many countries.  It looks like we are still in pandemic except that the fear factor is less.    More medical glove is still needed.
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marco69
Senior |
08-Jul-2022 20:55
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Monkeypox seen to become something serious. Countries giving warning. Definitely will make gloves in demand again as it is transmit by body fluid.... | ||||
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abizabiz
Member |
07-Jul-2022 15:08
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Another runup soon before dividend announcement . Same like 5 months ago. | ||||
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marco69
Senior |
30-Jun-2022 00:56
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Hahahaha
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Contratrader
Elite |
29-Jun-2022 15:43
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wow ...trending up ...new covid wave again .. | ||||
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Traveler
Member |
21-Jun-2022 14:45
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RS inching up quite well today. 70 now. | ||||
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TikTalk
Supreme |
20-Jun-2022 13:46
Yells: "Anyone miss me?" |
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Sure Traveler.
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Traveler
Member |
20-Jun-2022 12:11
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bro TT,  I read your more detailed comment on Riverstone under the Trading Techniques' forum. Interesting notes of yours if I may just share here below in point forms for the benefits of others : 1.  RS is a better glove stock than the others , 2. It    is ahead in clean room gloves    and their margin is higher. 3. They will survive and if some other gloves company do not make it to the next    pandemic, it will benefit those who are still in business. 4.    Based on past charts comparing RS to the others and found its share prices has outperformed  the others. 5.  It held up better during down time. Thank you.
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TikTalk
Supreme |
20-Jun-2022 10:09
Yells: "Anyone miss me?" |
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Haaha I am not a financial advisor, just sharing chart observation, looking for patterns or price behaviour.
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Checkerman
Master |
20-Jun-2022 10:05
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advise to sell now and buy back at 35-40 ct
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TikTalk
Supreme |
18-Jun-2022 13:42
Yells: "Anyone miss me?" |
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Nothing wrong with the chart, the share prices are dividend adjusted, example if it has paid out a divi of 5 c the price will adjust lower by 5c.  
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Longtermer
Elite |
18-Jun-2022 13:36
Yells: "A disciplined investor is a wealthy investor" |
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Something wrong with the chart? RS never go near 50c in Dec 2021.
It should be 59c to 60c thereabouts?
 
Fundamental wise, using the last few qtrs numbers, RS likely made MYR 440m or S140m per yr.
RS current price is trading at 6 plus times PE.
CIMB TP is $1.10 citing the worse is over and healthcare gloves ASP increased 4% recently.
I believe the RS price is deeply discounted due to sentiment and should reverse soon.
Dyodd as always.
 
Vested in RS and UG. Cheers
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TikTalk
Supreme |
17-Jun-2022 19:58
Yells: "Anyone miss me?" |
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Updates on Riverstone... Keep this chart for future reference. Will it  go to 60c, 50c or 30c? One scenario is if it goes to 50+c you buy/cut if go below, tp if bounce toward resistance. Senario two is if it goes t o 30c you buy/cut if go below, tp if bounce toward resistance. If its of any use. Cheers, I am write a little more on my thread, dunno. ![]()
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Sgvale
Supreme |
17-Jun-2022 13:09
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Not amusing anymore. 0.60 on the way
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Checkerman
Master |
17-Jun-2022 13:07
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can forget about fundamentals during this bear market i bet 50 cents soon
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tritonyeah6666
Senior |
16-Jun-2022 10:45
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Hahaha.. Your logic is amusing
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Midtermer
Master |
16-Jun-2022 09:22
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so you prefer crystal ball without reading past actions and considering fundamentals? Nice.
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