| Latest Forum Topics / Riverstone Last:0.885 -- |
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RIVERSTONE HOLDINGS LIMITED
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Abe2021
Veteran |
18-May-2021 12:48
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You mean the shorties parked at 1.50 to cover back their position. Then why they want to short it ? |
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investor999
Elite |
18-May-2021 11:04
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The huge sell Q at 1.50 are short sellers who parked their bought back shares there.
In order to buy back short sellers have a apply pressure. Don't be intimidated. The higher the trading the more short sellers are rolling their shares to buy back. |
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investor999
Elite |
18-May-2021 10:58
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Many times I was tempted to take profit but held back..I think this is crucial point. Market is waiting for someone to sell to push up
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Twiggy
Member |
18-May-2021 10:56
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i thnk the price will hover around this range until it breaches $1.5
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investor999
Elite |
18-May-2021 10:40
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I find Riverstone very unpredictable.
Had lost so much yet gain so much |
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hokpin
Supreme |
18-May-2021 10:38
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After 27 May, Riverstone will soar as find manager will include them in their portfolio. Sea' s long-anticipated MSCI Singapore inclusion is  expected to bring the index in line with other global indices  that already have exposure to the new economy sector, according to analysts The Business Times spoke to in March. Suntec Reit - which will be dropped from the MSCI Singapore index more than six years after its inclusion in November 2014 - was the most actively traded counter by volume at Wednesday' s open. It will join its Singapore peers on the MSCI Global Small Cap Indexes along with Haw Par Corporation, iFast Corporation, Nanofilm Technologies, Olam International, Razer and Riverstone Holdings. Bumitama Agri, GuocoLand, Wing Tai and Yoma Strategic will be deleted from the list of small-cap constituents on the Singapore index.
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investor999
Elite |
17-May-2021 16:57
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Reversal is very chaotic. Lots of trading. | ||||
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cucina
Master |
17-May-2021 16:30
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Q all day and finally filled at 1.44 earlier.  
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zandlery
Supreme |
17-May-2021 15:13
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Strong Q up to 1.50. Can we see that before closing? | ||||
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TikTalk
Supreme |
16-May-2021 13:21
Yells: "Anyone miss me?" |
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Sis Comparing Riverstone to Top Glove In Dec 2020 Riverstone hit a low of $1.01 while Top Glove was at $1.97 (see left arrow) Last week Riverstone closed at $1.42 and Top Glove closed at $1.68 (see right arrow) Levels were labelled on the horizontal line. From a different of 96cts Riverstone has narrowed it to just 14cts. I remember two members here consistently mentioned that Riverstone is different glove stock way before prices has narrowed this much. Fundamentals is very important in selecting the correct stock within a similar sector or industry. Kudos to this two members and I dedicate this chart to them. This was the reason I traded Riverstone  to find out more about this stock, make small profit only. Imagine if one had follow or listen to the right source one would have switch from TP to River and thats a big different to your portfolio. If one go though my post one will notice I posted many charts on Riverstone, because I find it interesting. Cheers ![]()  
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highlander
Senior |
16-May-2021 12:51
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Thank you for the correction, sis Cucina. Have a good week ahead.
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cucina
Master |
15-May-2021 21:22
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Bro Highlander, it is MSCI Global Small Cap Index as reported in the Business Times dd May 12. The inclusion will likely raise RS profile n visibility.  
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highlander
Senior |
15-May-2021 18:54
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Thank you, sis Cucina.  Share your view that the shorts will be covering their position admist less sellers. In addition, they will be competiting with new funds now that RS will be a MSCI S' pore Mid Cap Index stock w.e.f 27 May. Hopefully, the index inclusion will play out as a game changer.  I  am vested too and have been following the company since they started as a cleanroom glove player. 
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investor999
Elite |
15-May-2021 16:49
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I could not understand why RS kept going down despite Mr Wong kept buying until I realised it had to do with financing. It is very difficult to finance RS shares as most banks only finance index shares. SCB was financing at 60% until suddenly it decided to make it non marginable. Now only a few broking houses are financing it but has limits. So the other way is to use CFD for financing but also with limits. When market went down, the shares to raise more cash are those will less margin. Therefore RS went down together with markets even though was raising dividents. I think most who wanted to raised cash had already sold. In fact RS was one of the few counters amongs the top retail sellers. I am confident we can reverse the downtrend now   |
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TikTalk
Supreme |
15-May-2021 15:04
Yells: "Anyone miss me?" |
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Sis Cucina, I did try to test this stock with some trades but not the other associated likes of TP MT and UG. Because its overall chart look to me a better stock without any knowledge of who runs the company or what products they manufacture. However I do read up a little during those trading experience that the clean room glove does have a better margin and not just for the covid market. Also read before mentioned by Sis Cheery and your goodself. I may look at the chart again soon.
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cucina
Master |
15-May-2021 14:47
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30 Apr short positions vs 7 May seems to suggest 1,637,606 shares had been covered?  I assume it means that much was covered. As of 15 May, short position is just 223,200 at 1.425  30 Apr short position is 15,371,506 at 1.45 I see a vast difference in that both price levels are not that far apart, but the amount of shorts is staggering.  Its obvious shorts are fearful given how few the shorts opened on May 15 are, in relation to the huge amount 2 weeks ago. Perhaps, people who are fed up with how RS price was depressed before had given up n sold, and now few sellers are left for the shorts to buy back and cover. RS is a very well run company since I discovered it years ago, and thrust into the limelight with covid and then in the crosshairs of shorts betting on a quick recovery from covid.  At its core, it is just an excellent, well run company plodding along by a down to earth founder, who works hard at the business and let the results speak for itself.     
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cucina
Master |
15-May-2021 14:33
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I hv long holdings too... but I also trade it when there' s opportunity.  Buying in again next week.  
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highlander
Senior |
15-May-2021 14:06
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Thank you, bro.
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investor999
Elite |
15-May-2021 01:46
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Just my interpretation: Market makers are always buying and selling. RS do not have enough liquidity and shares have to be borrowed. The more outstanding shorts means more buyers. With a higher price the more shorts is a good sign
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highlander
Senior |
15-May-2021 00:10
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Today' s short position : 223,200, $318,011 ==> Ave price $1.425 Short position as of 7 May 2021 : 13,733,900, $18,266,087 ==> Ave price $1.33 1 week ago i.e  30 April 2021 : 15,371,506, $22,288,683 ==> Ave price $1.45 Anyone cares to provide some interpretation on this ? Thank you. |
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