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Riverstone
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RIVERSTONE HOLDINGS LIMITED
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anton1967
Senior |
30-Mar-2021 21:43
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Other glove makers shuld benefit frm the misfortune of TG . | ||||
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Power152100
Senior |
30-Mar-2021 17:52
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Good Day | ||||
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zandlery
Supreme |
30-Mar-2021 14:52
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Top glove shitty situation with US could be an opportunity for RS to expand their cleanroom glove market. Their recent acquisition of land I believe mainly to expand their cleanroom glove production.
As long they stay in line and don't get into same trouble like top glove. Shld be a positive news for RS in future revenue sustainability. Btw I vested in top glove a little..... So ya... Crap. |
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zandlery
Supreme |
30-Mar-2021 14:38
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Well, low volume stocks don't really have support or resistance. It can break down or break up easily.
We need BB to move it that's all. But price for RS have been stagnant here for quite a while.
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Battle123
Elite |
30-Mar-2021 14:28
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Juz to check is holding or ?? If cannot hold how ? where next support    |
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zandlery
Supreme |
30-Mar-2021 14:11
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Realise there were bigger sum of transact on 1.25.
Price been holding here for long. Someone collecting? |
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mav1ryan
Veteran |
30-Mar-2021 13:36
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Even if this is possible, RS is simply too small to " rock" TG. | ||||
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crystalbee
Veteran |
30-Mar-2021 13:34
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Lol....glove price already fixed long ago. Just because one supplier is down doesn' t mean another supplier can suddenly hike up price unless can prove this issue is going to take weeks to settle. 
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PhillipTan
Supreme |
30-Mar-2021 13:26
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About 4 months of my salary, I guess that should be considered a lot lol
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zandlery
Supreme |
30-Mar-2021 12:55
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That could only mean it on valid based on your perception and not the BB.
End of the day in stock market, if u have unlimited bullet, whatever u say will be the standard. Even if you say you sprain your ankle so xxx stock must go down ppl will take it as it is.
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mav1ryan
Veteran |
30-Mar-2021 12:44
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Hope you didn' t buy too much for this counter, however I hold the belief that glove stocks are undervalue and their business is definitely good from now until end 2022.
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Newbies4237
Member |
30-Mar-2021 12:40
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Really no understand. US had start to seize all top glove' s stock at the port so Riverstone demand will be going up. Demand go up but share price go down. Hais | ||||
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zandlery
Supreme |
29-Mar-2021 23:55
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If factor in price shld stay up there... So nope.. Just just been short down.... 21mil short
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anton1967
Senior |
29-Mar-2021 22:51
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Earning visibiity is there but market seems to have factor in the the expecxted good earning.
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lhc1964
Senior |
29-Mar-2021 18:30
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Probably after next biz update ? Believe good earning in next few quarters till mid 2022 ?
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johnsonyew
Senior |
29-Mar-2021 18:20
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This few days Low volume and keep dropping.. i contra loss again. Wth | ||||
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zandlery
Supreme |
29-Mar-2021 16:00
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Agree. So lookout for the next buy call from analyst. Most likely the next one will be one to prop up.
As long covid-19 never die down as expected which is quite so for now as vaccination plan execution with difficulty, I believe there will another play in near future.
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PhillipTan
Supreme |
29-Mar-2021 15:17
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I believe nobody in their right mind will follow TPs like a bible, they are just guides Sometimes they issue TPs with agendas too, and if you follow too closely, you may get hit without knowing it Eg. they issue a BUY call when wish to dump the stocks in their holdings and vice versa But having said that, most of the time they will need to correctly issue TPs so that they will have investors who will still follow their calls So just take it with a pinch of salt Generally the stocks will usually move in the direction of TPs mentioned I have the feeling that Riverstone may be one of those fake BUY calls issued, when they are actually dumping their holdings and taking profits Hence, we' re all stuck here with nowhere to go  
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zandlery
Supreme |
29-Mar-2021 15:02
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Anyway, for RS price movement to me it a trend which all glove stocks drop together. Not problem with company financial as individual.
So eventually the rotational play will come back. For this kind of waiting game, invest only with money u not urgent need. |
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zandlery
Supreme |
29-Mar-2021 14:56
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Analyst call for my prospective are when the funds had collect enough and thus this kind of report to prop up the price. But if strictly take the TP as bibble normally u will end up last in the musical chair, there's what I meant.
Always discount on the TP they given as they most probably will book profit to blur investor who believe their TP. For me if they given 1.9x for RS, if move most probably I will book at 1.8x. Of cos there are very seldom situation where it thru the roof, but u can expect there will have a revised analyst report soon after which TP are tune up, again... Give discount to that.
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