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sutiono Veteran	15-Dec-2021 19:10        sutiono About Contact  Quote this Post!
x 0   x 0  Alert Admin	Believe it is just the begining of his purchases , more will be done. Sunbrighten      ( Date: 15-Dec-2021 19:04) Posted: Mr Wong is a hero
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Sunbrighten Senior	15-Dec-2021 19:04        Sunbrighten About Contact  Quote this Post!
x 0   x 0  Alert Admin	Mr Wong is a hero
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sutiono Veteran	15-Dec-2021 18:02        sutiono About Contact  Quote this Post!
x 0   x 1  Alert Admin	Another purchase of 300k shares by Mr. Wong today , another vote of confidence !
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bluekelah Senior	15-Dec-2021 16:51        bluekelah About Contact  Quote this Post! Style: Fundamental   Mood: Yells: "lock and loaded..."
x 0   x 0  Alert Admin	thanks, its just my system to identify value stocks which have highly positive cash flow generative business + generous divs and dump some money gradually into them gradually.  over longer term 5-10 years, I am quite confident Riverstone will be able to grow organically. Risk for Riverstone now : is if Kimberly clark comes back into the cleanroom market ( though unlikely in the coming 6months as USA has a lot of omicron and covid and high demand for healthcare gloves this winter, so as american company they have to support the local hospitals) This will enable RS to continue to dominate GLOBAL cleanroom market, in fact it might end up taking so much market share away from Kimberly clark that it ends up the dominant player. More selling by EPF ( not a problem really, will create some nice dips and buying opportunity, and possibly so much volume recently they probably have managed to exit already.) Pfizer has new antivirus tablet for curing covid, highly effective but very expensive and now still need another half to 1 year trials before emergency use granted. This could reduce need for HC gloves but we shall see as new variants keep popping up. But i think we are in for a bumper 4Q at least and next 1 year looks pretty good as well as RS factories can reramp.   Midtermer      ( Date: 14-Dec-2021 14:19) Posted: All the best to you bro! I hope price action can remain good for the week for a meaningful reversal. Hopefully Mr Wong can surprise us with some good news! Anyway just my thoughts on SCMP better not read too much into it as they are propaganda news imo. Cheers. bluekelah      ( Date: 14-Dec-2021 12:52) Posted: beng1102 : thanks for your reply, makes sense if EPF is dumping might affect the usual TA indicators. But wont the dumping reflect in a depress RSI and MA as well? Such that if the chart moves above the 200MA, and the oversold indicators reverse, wont it very likely signal bullishness irrespective of what is in the new/fundamental story? EPF is likely done selling i think with such high volume these past few days they probably unloaded? how many lots did they have after the last sale report? Midtermer : Yes its does look like the resistance at 80c+ is a good level to look out for. I read on SCMP that chinese are saying Omicron is 85% efficient at escaping the old pfizer/moderna/etc.. vaccines. And the way european and american hospitals are already filling up this winter without lockdowns, glove demand has very likely spiked already. China will probably withhold gloves for themselves and countries will scramble to restock again, sending ASPs up soon, though it wont reflect till next financial report end of FEB? In any case, queing another 10 lots today for 665, probably get it after lunch.
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moron101 Supreme	15-Dec-2021 16:40        moron101 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Mr Wong lai loh.. 👍 👍
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beng1102 Elite	15-Dec-2021 16:33        beng1102 About Contact  Quote this Post!
x 0   x 0  Alert Admin	67.5c is clearing up fast.  Likely to hit 69c today. Richardlai      ( Date: 15-Dec-2021 16:18) Posted: Yes I already picked up some too ! These guys can just push the price up and down ..... scary !
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Richardlai Master	15-Dec-2021 16:18        Richardlai About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes I already picked up some too ! These guys can just push the price up and down ..... scary !
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JessTrang Veteran	15-Dec-2021 15:48        JessTrang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Buy now loh, wait for what? If price drops to 0.56 also wont lose anything, if price goes to .76 with div thats 30% profits. Midtermer      ( Date: 15-Dec-2021 11:24) Posted: Took a look at the Q3 and H1 reports. Based on dividend trend, the final dividend should be at least around 34 sens without accounting for the profit in q4 2021. DBS estimating 39 sens which is fair imo. Cheers. Longtermer      ( Date: 15-Dec-2021 10:28) Posted: https://www.nextinsight.net/story-archive-mainmenu-60/944-2021/14526-riverstone-ceo-makes-s-573-000-purchase-of-shares-this-month
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Richardlai Master	15-Dec-2021 15:21        Richardlai About Contact  Quote this Post!
x 0   x 0  Alert Admin	If TG' s results declined generally we should expect the same trend for the rest of the Glove companies too ( for the same period). Market will take that into account. Good thing is that EPF has most likely sold off all the RS shares, so it will be easier for the share to go up.
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Richardlai Master	15-Dec-2021 12:22        Richardlai About Contact  Quote this Post!
x 0   x 0  Alert Admin	Final dividend S$0.11 ? that is huge. Midtermer      ( Date: 15-Dec-2021 11:24) Posted: Took a look at the Q3 and H1 reports. Based on dividend trend, the final dividend should be at least around 34 sens without accounting for the profit in q4 2021. DBS estimating 39 sens which is fair imo. Cheers. Longtermer      ( Date: 15-Dec-2021 10:28) Posted: https://www.nextinsight.net/story-archive-mainmenu-60/944-2021/14526-riverstone-ceo-makes-s-573-000-purchase-of-shares-this-month
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beng1102 Elite	15-Dec-2021 11:34        beng1102 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Pandemic is far from over.  According to expect  Omicron will not be the last variant of concern, there should be 1 or 2 more variant of concern. Midtermer      ( Date: 15-Dec-2021 11:24) Posted: Took a look at the Q3 and H1 reports. Based on dividend trend, the final dividend should be at least around 34 sens without accounting for the profit in q4 2021. DBS estimating 39 sens which is fair imo. Cheers. Longtermer      ( Date: 15-Dec-2021 10:28) Posted: https://www.nextinsight.net/story-archive-mainmenu-60/944-2021/14526-riverstone-ceo-makes-s-573-000-purchase-of-shares-this-month
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Midtermer Master	15-Dec-2021 11:24        Midtermer About Contact  Quote this Post!
x 0   x 0  Alert Admin	Took a look at the Q3 and H1 reports. Based on dividend trend, the final dividend should be at least around 34 sens without accounting for the profit in q4 2021. DBS estimating 39 sens which is fair imo. Cheers. Longtermer      ( Date: 15-Dec-2021 10:28) Posted: https://www.nextinsight.net/story-archive-mainmenu-60/944-2021/14526-riverstone-ceo-makes-s-573-000-purchase-of-shares-this-month
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Longtermer Elite	15-Dec-2021 10:28        Longtermer About Contact  Quote this Post! Style: Flexible   Yells: "A disciplined investor is a wealthy investor"
x 0   x 0  Alert Admin	https://www.nextinsight.net/story-archive-mainmenu-60/944-2021/14526-riverstone-ceo-makes-s-573-000-purchase-of-shares-this-month
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moron101 Supreme	15-Dec-2021 10:15        moron101 About Contact  Quote this Post!
x 0   x 1  Alert Admin	Likely Mr Wong will continue buy in till price hits 70c. ✌ ️
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Sgvale Supreme	15-Dec-2021 10:10        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can't fall much. This level almost at normalisation value
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msksmsks Supreme	15-Dec-2021 07:41        msksmsks About Contact  Quote this Post!
x 0   x 0  Alert Admin	To add on Intel setting up their plant in Malaysia agurs well for RS in future as they are serving the clean room for semicon. Godwinlow      ( Date: 14-Dec-2021 21:26) Posted: Why RS is grossly undervalued? And our Boss Mr Wong is well aware: 1. Quick Ratio of 3.47.   It means for every $1 of debt, it has $3.47 of cash assets to cover. Not just asset but CASH ASSET. 2. PE (TTM) is at 1.90 times, amongst the lowest in glove stock.   The company is highly able to repeat the robust performance due to its versatility in clean room and surgical gloves as a hedge against pandemic recovery.  3. Cash value per share is at least $0.35 or 52% of existing market capitalisation is cash. Yes.   Cash.  4. Many other positives such as adept top management who are strategic in executing their resources.   Most of the time they expand their factory on basis of customer booking with firm orders.   Management are very proactive in engaging shareholders.  Dividends are also expected to be generous.  There are many more positives. Expect more purchases from Mr Wong, our hero!
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Godwinlow Elite	14-Dec-2021 21:26        Godwinlow About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why RS is grossly undervalued? And our Boss Mr Wong is well aware: 1. Quick Ratio of 3.47.   It means for every $1 of debt, it has $3.47 of cash assets to cover. Not just asset but CASH ASSET. 2. PE (TTM) is at 1.90 times, amongst the lowest in glove stock.   The company is highly able to repeat the robust performance due to its versatility in clean room and surgical gloves as a hedge against pandemic recovery.  3. Cash value per share is at least $0.35 or 52% of existing market capitalisation is cash. Yes.   Cash.  4. Many other positives such as adept top management who are strategic in executing their resources.   Most of the time they expand their factory on basis of customer booking with firm orders.   Management are very proactive in engaging shareholders.  Dividends are also expected to be generous.  There are many more positives. Expect more purchases from Mr Wong, our hero!
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FreedomAngelz Veteran	14-Dec-2021 19:01        FreedomAngelz About Contact  Quote this Post!
x 0   x 0  Alert Admin	If i bought my RS shares at $0.60 instead of $1.33, could have own at least double the shares that i had now which would reap me double the dividend.
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Sgvale Supreme	14-Dec-2021 18:53        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	He's going to take it private Midtermer      ( Date: 14-Dec-2021 17:50) Posted: 900 lots from the boss in 3 days. I don't think he is just supporting share price. Something is brewing? vix787      ( Date: 14-Dec-2021 17:47) Posted: You are correct. Average price 0.6
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FreedomAngelz Veteran	14-Dec-2021 18:50        FreedomAngelz About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think he gonna profit immensely either way so i think he would continue to keep buying if he can afford.
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