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Riverstone
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RIVERSTONE HOLDINGS LIMITED
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zandlery
Supreme |
26-Apr-2021 19:12
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I think the management been Conservative on the 2H2021. At the rate of new cases and wave of infection currently happening worldwide, this 50% higher could last till year end. | |||||||||||
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lhc1964
Senior |
26-Apr-2021 19:01
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Checked with IR , Yes ,confirm 50% ! 
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Fr@ncis85
Member |
26-Apr-2021 18:14
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Need to break 1.55 to 1.6. Then sky is the limit  |
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CheeryVGoh
Supreme |
26-Apr-2021 18:02
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Wow, so high.
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ss2017.
Supreme |
26-Apr-2021 17:28
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When Top gloves continues surging up, Riverstone will break all minor resistance levels, move towards 160 and beyond. Next few days price movement will be very volatile. Hope that you get some money from this counter for your coming May holiday. | |||||||||||
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zandlery
Supreme |
26-Apr-2021 16:52
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Just casually compare last year chart. The rally start around 29 Apr last year.
Same gang of BB stirring again? Interesting...... Enjoy the ride if does especially those buy low. |
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zandlery
Supreme |
26-Apr-2021 16:36
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Peak price can't remember as I remember the day quite vividly on Ex-bonus date. 1.94 is the price more or less.
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zandlery
Supreme |
26-Apr-2021 16:34
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Today hard to predict. Usually before Ex-date daily will see last minute covering. But morning volume quite high so I assume many action between either the shortist or some big buyer playing.
But doesn't matter, as long the trend intact, longer timeframe will see what u want. Just be realistic don't aim $3....😂
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Abe2021
Veteran |
26-Apr-2021 16:34
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Are we on the same thread? RS AGM is today @ 2pm, already over liao Peak is around $4.9 before the bonus issue on 17 Nov 2020.  Translate to $2.45 after the bonus issue. We ain' t see the peak yet. Now is 1.51/1.52 |
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zandlery
Supreme |
26-Apr-2021 16:22
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Ex-bonus price around 1.94 if I remember correctly. But that's not the peak last year. So higher revenue than last year translate to?
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Twiggy
Member |
26-Apr-2021 16:22
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Bro,  do u think whether there will be a strong closing today?
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boringguy
Member |
26-Apr-2021 16:22
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no surprise... Year 2021 & Year2022 RS will deliver better result. Glove insdustry is volume game, more production line the more profit you will gain during pandemic time. Glove production will daily produce the glove, long term contract will commit the number of glove and price.. that is why year 2020 no yet reflect the good result, because some of the production line will cater for long term contract. once backlog clear all the new order in Year 2020 will base on new ASP and of course some of the production line will producer immediate order with higher ASP compare to contract basic... you can refer to the topglove report, you will find out top glove reserver 30% production for immediate order with high ASP.  
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Abe2021
Veteran |
26-Apr-2021 16:09
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Wow 50%, the px could possibly hit $1.8
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boringguy
Member |
26-Apr-2021 16:06
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is 50%....
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Abe2021
Veteran |
26-Apr-2021 16:04
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How you find Sgtrader' s chart ? Based on his info, RS already crossed $1.5, next is $1.65 If dividends is MYR 0.2, 1,000 is MYR200 With covid-19 still raging in many countries esp India, the demand is still extremely high. What do you think? Beside the virus has mutated, even vaccine is no guaranteed one is protected 
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CheeryVGoh
Supreme |
26-Apr-2021 16:04
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Is 5% or 50%? 50% seemed too high. Selling price of 1st half of FY2021 is approximately 50% higher than 2nd half of FY2020. 
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Abe2021
Veteran |
26-Apr-2021 15:57
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happy2020
Senior |
26-Apr-2021 15:52
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Yes,,  But the CEO' s reply was in response to the question about the TOP Glove committment of 20 % dividend for Q2 to Q4 and if there' s any similiar dividend for Riverstone since it has jumbo result' s and performance..  so the CEO replied its coming in Q2 result announcement. So should expect something better than the usual dividend. 
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zandlery
Supreme |
26-Apr-2021 15:35
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Make sense as officially their result is bi-annually.
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PhillipTan
Supreme |
26-Apr-2021 15:28
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waiting patiently for 1.60 | |||||||||||
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