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Riverstone
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RIVERSTONE HOLDINGS LIMITED
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look@bright
Elite |
21-Feb-2021 10:23
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same same, respect. Huat!
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Eatall
Veteran |
21-Feb-2021 10:16
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Kamsia.. To me, all I call boss la...as a respect..
Huat ah
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look@bright
Elite |
21-Feb-2021 09:28
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I not boss lei, enjoy ur noodle. Have a great week ahead!
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Eatall
Veteran |
21-Feb-2021 09:12
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U then boss lah..
I wana go n eat bak chor mee aldy... See u... Hv a great day
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look@bright
Elite |
21-Feb-2021 09:10
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Gd morning Boss 😉
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Eatall
Veteran |
21-Feb-2021 09:08
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Morning boss... Hee hee
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look@bright
Elite |
21-Feb-2021 09:06
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Russia says detected first case of H5N8 avian flu in humans |
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Eatall
Veteran |
21-Feb-2021 08:45
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Yes sir....
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n3wbie
Elite |
20-Feb-2021 22:58
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Very good point, at least that' s how our SG market functions, unfortunately. Good observation with that, time to sit back and pay greater attention!!
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kllee1919
Member |
20-Feb-2021 18:31
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Results will be on 25/2 evening | ||||
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lhc1964
Senior |
19-Feb-2021 11:37
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SB latest by next Friday ? | ||||
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Esim1110
Member |
19-Feb-2021 10:09
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Hi, does anyone knows when riverstone results will be announced? Thanks | ||||
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lhc1964
Senior |
19-Feb-2021 09:56
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Most Glove makers in Malaysia are being sold down , but RS seems holding quite well at this level . | ||||
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lhc1964
Senior |
17-Feb-2021 11:09
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Believe not less than RM0.10 /Share for Year end ?
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rexter
Member |
17-Feb-2021 10:30
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Hope next week
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look@bright
Elite |
17-Feb-2021 09:51
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results coming, hope for fat dividend | ||||
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zandlery
Supreme |
17-Feb-2021 01:41
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All this are pointless if suddenly the price jump by 5% daily. Even it' s a shitty lose making company people will chase it. So is the BB still have interest? The guess is as good as anyone, we don' t know. Some forumer do mention before when a stock thread get out of top 10 in this forum then u will see it rise. For me it partly true, BB will quietly accumulate and when u start hearing people shouting the positive things about that stock, means BB alrd accumulate enough and it' s time to promote it to fly thru the rooftop.
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stanip
Veteran |
17-Feb-2021 00:23
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HLIB Research: It&rsquo s not game over for glove sector: vaccination isn&rsquo t a threatALTHOUGH the tide may seem to have turned against glove counters in recent times with the advent of vaccination, there is still much exuberance left in the sector, according to Hong Leong Investment Bank (HLIB) Research. For the foreseeable future, the research house opined that glove demand and their average selling prices (ASPs) will be driven by testing frequency and vaccine roll-out using gloves. &ldquo For the remainder of CY2021, we expect the vaccination demand for gloves to more than offset the decline from testing demand,&rdquo justified analyst Gan Huan Wen in a rubber glove sector update. &ldquo Even with global supply expected to rise by circa 20%, we expect a supply shortage of circa 12.4 billion pieces in CY2021.&rdquo HLIB Research observed that gloves are currently being used by most countries when administrating vaccines, notably those with high population as well as among first world nations. With global vaccine roll-out only beginning to take shape, the research house expects glove ASPs to remain elevated (at around US$115-140 per thousand pieces) for the time being with a possible decline in 4Q CY2021 at the earliest. Even as the US expects to reach herd immunity by 4Q CY2021 with full vaccination by 1Q CY2022, current estimates indicate global herd immunity could take as long as five years to materialise. &ldquo This would provide support for glove demand in the medium-term,&rdquo projected Gan. Moreover, HLIB Research raised concerns over the efficacy level of existing batches of vaccine against newer strain variants as well as the anti-vax movement whereby 31% of US citizens were reported to be not keen of getting vaccinated. In fact, the latest developments prompted the research house to switch its valuation methodology from straight price-to-earnings (PE) multiple to a modified discounted cash flow (DCF) valuation. &ldquo We value the glove companies using with their pre-pandemic five-year average PE multiple of (CY2015-2019) based on sustainable earnings in a post-super normal earnings environment summed with free cash flows (both discounted back to present value) generated during the boom period,&rdquo explained HLIB Research. &ldquo This encompasses earnings in a post-pandemic era as well as high profits generated during the pandemic.&rdquo All-in, HLIB Research maintained its &ldquo overweight&rdquo rating on the rubber glove sector. &ldquo Despite share prices (of glove stocks) correcting downwards, we do not expect vaccine roll-out to be as straight forward as the market suggests as logistical, procurement, anti-vax movement and second strain issues could derail efforts and thus provide support for glove demand,&rdquo justified the research house |
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n3wbie
Elite |
16-Feb-2021 22:54
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All the glove players are now out of favour with more nations being vaccinated and that has impacted their valuations quite significantly. In fact, most are trading at least 1-2 standard deviations below their historical mean. Yes FY20 and perhaps FY21 may be peak earnings but there should still be sustained demand similar to how the situation was post SARS. | ||||
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TradeExpert
Veteran |
16-Feb-2021 12:00
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The Shortist are flushed out and got burnt. Lolxx Now those who are vested in RS, long to enjoy. Lolxx Looking at the chart, looks positive for accumulations with support level at revised support level at $1.4.. Revised TP: $2. |
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