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Riverstone
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RIVERSTONE HOLDINGS LIMITED
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TradeExpert
Veteran |
21-Jan-2021 11:08
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Exactly. He' s shorting against the market and using " various accounts" to spread negativity to achieve his objective. Lost too much liao. Come On, people in this forum are logical enough to make their own findings and DYODD. lol  ![]()
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TradeExpert
Veteran |
21-Jan-2021 11:02
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Sellers are back and well absorb by the the buy in volume. Plus RS broke the psychological level of $1.5, it' s on its way to TP $1.8. With Biden as the new president, there will be more certainity and confidence in the market. Enjoy the ride up! 
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SGPhantom
Master |
21-Jan-2021 09:49
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All Sellers in the morning. Lets see how well it is absorbed. Must stay above 150. |
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Hector
Veteran |
20-Jan-2021 16:17
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RS will have super profit result for these few years due to the strong demand in medical gloves and also being no 1 position leader for cleanroom gloves with spike in semi conductors demand | ||||
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zandlery
Supreme |
20-Jan-2021 16:14
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Price movement after a period of stagnant accumulation. Those post against the action most probably betting at the wrong side. | ||||
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nice4ever
Member |
20-Jan-2021 16:11
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must be losing alotzzzz... 
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SGPhantom
Master |
20-Jan-2021 16:02
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The pot calling the kettle black )
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HERBERTALCA
Member |
20-Jan-2021 15:56
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Say what you want. It still doesn't change the fact that the stock is a junk stock. | ||||
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zandlery
Supreme |
20-Jan-2021 15:23
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Shh.... Don't react, don't entertain him/her. Just wanting attention so don't give it to him/her
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SGPhantom
Master |
20-Jan-2021 15:21
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is it in your calling to spread negativity across all forums? geez, get a life dude!
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HERBERTALCA
Member |
20-Jan-2021 14:39
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Junk stock. Likely to drop again. | ||||
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zandlery
Supreme |
20-Jan-2021 14:11
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Always feel good when it start to run again after u add more..... Huat to all. | ||||
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Longtermer
Elite |
20-Jan-2021 13:00
Yells: "A disciplined investor is a wealthy investor" |
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Agree.. PPE and glove companies have always spiked up just weeks before results. This time likely no different imo. Hold tight for the ride up. Cheers  
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zandlery
Supreme |
20-Jan-2021 12:22
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Anticipate another push within 2 weeks as it approaching result season. Glove stocks definitely those with stellar result. Lets see if BB going to duplicate last year price movement according to current pandemic situation. |
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SGPhantom
Master |
20-Jan-2021 09:31
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Needs volume to return. Else, you are right, it will be sideways till then. But a rest is good. It has climbed from 100s to here, need a breather. Most important is to stay above 150 while resting.
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TradeExpert
Veteran |
20-Jan-2021 09:17
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It appears that it is taking a break and trading sideways with some resistance before a break out towards TP $1.8.  | ||||
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SGPhantom
Master |
19-Jan-2021 19:06
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Great news
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lhc1964
Senior |
19-Jan-2021 18:18
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The healthcare glove expansion is at Perak , Taiping factories, uner Eco Medi . Clean room gloves are made in Selangor factories , where their first factory was set up . Land cost in Serangor are very much expensive than the Taiping areas.
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zandlery
Supreme |
19-Jan-2021 17:52
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Announcement of acquisition of land for expansion of clean room glove production.
Looks like RS intended to focus on expanding clean room product instead of like every other glove companies chasing medical glove productions. Good move I reckon as eventually the pandemic will pass and demand of medical glove will be lesser. |
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SGPhantom
Master |
19-Jan-2021 09:53
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Yeah, that' s what I could deduce as well. Just waiting for chnaign hands / accumulation to finish.
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