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Riverstone
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RIVERSTONE HOLDINGS LIMITED
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Traveler
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16-Jan-2021 17:45
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C.D.C. Warns the New Virus Variant Could Fuel Huge Spikes in Covid Caseshttps://www.nytimes.com/2021/01/15/health/covid-cdc-variant.html |
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SGPhantom
Master |
15-Jan-2021 15:14
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Welcome back bro i999. Instead of just looking at SIA (local / aviation), you may want to check our Spirit Aerospace (US). It has much bigger potential, especially when Biden reinstates military spending after T cut it previously. Aviation will improve, but upside for SIA is very limited, not very well managed and clearly exposed during this pandemic - in my opinion. Sorry fellas, to bring out something not RS related.
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LeShramp
Member |
15-Jan-2021 15:05
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Aviation sector - Highly competitive, inefficient market structure (nationalistic agenda over economic return), extremely capital intensive, high operating cost, thin margin Singapore aviation sector - No domestic route (rely purely on international route, more prolonged impact from COVID than foreign airlines), a high operating cost business operating out of an expensive city, outlook less optismistic than pre-COVID given certain irreversible changes in air travel patterns (particularly business travels), high leverage with low cashflows (surviving on cheap debt. May suffer if treasury interest rate increases before business environment improves) SIA has never recovered from GFC (in 2008). The near-term rebound then quickly met with a dip back and below the lowest point of GFC. COVID-19 impact is more direct, deep and irreversible than GFC. So it always amazes me that people still think there' s reasonable upside to investing in airlines.
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zandlery
Supreme |
15-Jan-2021 14:10
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Today other glove stocks still appear inactive. If RS able to close positive today, when positive trend start again, RS price could have a good jump. Let see....... Wish all the shareholders huat ah........:) |
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investor999
Elite |
15-Jan-2021 13:48
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I am back from SIA..Done some buying of SIA before it moves up. Can leave RS alone. I think it is consolidating. SIA is good to buy now as there is huge potential upside there | ||||
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SGPhantom
Master |
15-Jan-2021 13:39
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2M out of 2M+ shares are sold to 151.  Auto buy at 151. Whether there is accumulation at 151, or BB changing hands, I am uncertain. I guess clearer picture will prevail next week. Hopefully consolidating at this level before continue moving up next week. |
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zandlery
Supreme |
15-Jan-2021 13:02
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Chill, don' t fight the trend. Just like previously people advise against catching a falling knife, don' t short a rising trend stock. Beaten down stocks will have much room to run because they are oversold previously.......
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stanip
Veteran |
15-Jan-2021 11:37
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News and analyst reports are lifting glove counters. A strong Friday (after a strong week) without much profit taking points to likely continued monentum for next week.  | ||||
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SGPhantom
Master |
15-Jan-2021 11:31
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I don' t know which counter you are looking at, but RS is on the uptrend. Bound to have profit taking due to recent rally. Strong selldown at 151 today, but well absorbed so far. Will end the week +ve, giving it 2 consecutive weeks of net +ve, something that has not been seen for months. Expect more to come next week.  
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TradeExpert
Veteran |
15-Jan-2021 10:08
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Chill and Stay Calm. There are some bullish actions for this counter recently.. Some profit taking is expected and there may be some resistance at around $1.52 before it will break up towards TP. 
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lhc1964
Senior |
15-Jan-2021 09:44
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I miss the stale monkey story and the colorful paintings . Why is he/she hiding now ?
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HERBERTALCA
Member |
15-Jan-2021 09:36
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SELL NOW! RIVERSTONE ON DOWN TREND! SELL NOW! | ||||
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look@bright
Elite |
14-Jan-2021 22:14
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in STA there is a yea yeah man 666.
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lhc1964
Senior |
14-Jan-2021 22:01
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Hope he still remember what he wrote .
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lhc1964
Senior |
14-Jan-2021 21:57
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Where is the monkey story teller ? When I saw  the relentless same story by  him/her, repeated again and again non-stop . I knew it was buying opportunity , must thanks him/her . Now monkey is back in the driver seat ? | ||||
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zandlery
Supreme |
14-Jan-2021 16:27
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150 is psychological level? I don' t think so. If have to really set a  psychological level, should be on 1.9x which is after bonus share. Glove stocks actually not doing well today. Either drop or neutral. RS the only one show positive now. Good sign when every peer drop it stay positive, higher chance when the trend resume again, RS will rise more.  
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SGPhantom
Master |
14-Jan-2021 15:30
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Trying extremely hard to stay above 150 psychological level. Volume is great though. |
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zandlery
Supreme |
14-Jan-2021 13:19
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Because when it on it way down, it drop more than it peer. So after shortist covered, more gap to fill when it on it way up.
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bxylqwan
Master |
14-Jan-2021 12:09
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This has been the strongest performer in recent weeks. Crazy run up of almost 40% in less than a month | ||||
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danger
Supreme |
14-Jan-2021 11:49
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HPHT IPO WAS US$ 5.5 BILLION NOW MARKET CAP OF HPHT IS ABOUT $1.87 BILLION LI KA SHING HAS $12 BILLION WARCHEST PIECE OF CAKE... HE MADE MORE THAN $3 to 4 BILLION FROM THIS IPO IF PRIVATISE NOW PLUS ALL PAST DIVIDENDS |
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