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Latest Forum Topics / Riverstone    Last:0.865    +0.005  Post Reply
RIVERSTONE HOLDINGS LIMITED
SGPhantom
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18-Dec-2020 10:28     
 
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 Alert Admin 		Looks like another net -ve week on week.
The only 1 day green this week was 1c up.
*sigh
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Luzern
Supreme
18-Dec-2020 09:52     
 
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Yells: "9"
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Luzern             ( Date: 17-Dec-2020 14:31) Posted:
 
Hence, it is really more dangerous for the US population to eat shellfish (shellfish: 8.2 million)  than to take the Covid-19 vaccine from Pifzer or Moderna.  IMO   
 
Luzern             ( Date: 17-Dec-2020 14:28) Posted:
 
IMO, more people in US suffers from food allergies than adverse Covid-19 side effects.

------------------------------------------------------------------------------------------------

How Many People Have Food Allergies?  Approximately 32 million people in the United States have food allergies. 7,8,9      Nearly 11 percent    of people age 18 or older & ndash more than 26 million adults & ndash have food allergies.7,8  Results from a 2015-2016 survey of more than 38,000 children indicate that 5.6 million children, or nearly 8 percent, have food allergies.8,9 That& rsquo s one in 13 children, or roughly two in every classroom.  Studies published in 2018 and 2019 estimate the U.S. population that reports convincing symptoms of allergic reactions to specific foods.2,7,9 o shellfish: 8.2 million o milk: 6.1 million o peanut: 6.1 million o tree nuts: 3.9 million o egg: 2.6 million o fin fish: 2.6 million o wheat: 2.4 million o soy: 1.9 million o sesame: 0.7 million

https://www.foodallergy.org/resources/facts-and-statistics#:~:text=Studies%20published%20in%202018%20and,peanut%3A%206.1%20million
 
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wavehunter
Supreme
18-Dec-2020 09:42     
 
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Yells: "Trade what you see, not what you hope to see."
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 Alert Admin 		Aiyo...Bro Sgvale. I feel heartpain for you. And I know exactly what it is like. Becoz I have been there before myself. Many times.
Paid a lot of tuition fees to learn this stupid lesson again and again. That' s why you hear me saying here in this thread dont pick
the bottom...you will run out of bullets before the market runs out of bottoms... wait for U-Turn to buy on the way up...dont buy on
the way down becoz what you buy today is worth less tomorrow... buy on the way up is a happier way to buy coz what you buy
today is worth more tomorrow. And we havent seen her bottom yet. Given the suckist sentiment surrounding this stock...given
that so many diehards havent given up yet... it means there are still alot of potential sellers in this stock...just that they are not
selling yet becoz they are still clinging to hope. But one day they too will give up. And when enough of them give up and sell,
the sheer weight of their selling will send the price freefalling very fast. Why ? Becoz their selling will bump the price down very
quickly which will have a knock-on effect on others who are still clinging on to hope but thinking of cutting day after day. The
selling will be fear-driven by then. And fear is a powerful motivator in the stock market. 

Bro mchua... good for you that you cut. Your stop loss policy has saved you much pain and anguish. A small loss is easier to
make back. A much bigger loss takes a much much longer time to make back. If at all. Shake head. Wish everyone all the best.

mchua71      ( Date: 18-Dec-2020 09:07) Posted:

Yes I entered at 1.64 - 1.65 thinking it' s the lowest but it drop further.
my exit point is 1.58, I sold all and move on to other counter.
I follow trend and not follow company. Me no die hard fan of any particular company.
just look at $$. Still monitoring this counter to see any reverse trend.
As of now still rapid downtrend. Fast and furious falling knife can' t enter now.
 

Sgvale      ( Date: 17-Dec-2020 19:46) Posted:

Last wait long for it to break $1.50, $1.40. Then jeep around $1.30 & it also breaks. Jeep more around $1.20 when boss, Mr Wong bought but it also breaks. Then very fast breaks $1.10. My hearts also break. I decide not to buy more already & Wait. Believe many entered much higher than me.


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Longtermer
Elite
18-Dec-2020 09:21     
 
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 Alert Admin
Read the article..
Very informative and facts supported with evidence. 
Dyodd.. buy or sell is up to all. Cheers
 

Checkerman      ( Date: 18-Dec-2020 07:31) Posted:

Doesn?t matter if the owner still continue to buy

The counter weakness is there come. Support level will break below $1




Longtermer      ( Date: 17-Dec-2020 23:34) Posted:

 

IS TAN SRI DR LIM WEE CHAI STUPID TO BUY BACK TOP GLOVE SHARES?

Copy, paste and click the URL address below if U are interested to read the article. Taken from Top Glove thread.. enjoy.

https://klse.i3investor.com/blogs/Newroc/2020-12-16-story-h1538224454-IS_TAN_SRI_DR_LIM_WEE_CHAI_STUPID_TO_REPURCHASE_TOP_GLOVE_SHARES.jsp
 
 


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wavehunter
Supreme
18-Dec-2020 09:20     
 
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Yells: "Trade what you see, not what you hope to see."
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 Alert Admin 		One way to deal with the risk of buying into a " false reverse" which we refer to as a " dead cat bounce" is to buy only when the
stock has broken ABOVE a resistance level. Upon breaking that resistance, only if there is follow up buying accompanied by
volume that you move in to ride on the upward momentum. Aggressive players will buy into that candle on the 1st day of the
breakout above the resistance. More conservative players will wait for the next candle to show a higher high higher low price
action before they enter. All methods have its pros and cons. Its all about higher risk : higher gain. Each player picks one method
which suits him or her. No right and wrong here. Its all about one' s risk appetite, one' s investing philosophy and one' s hunger 
for adventure. 

Eatall      ( Date: 18-Dec-2020 08:26) Posted:

Yalor... Sometimes... Just one time hor....
Really sibeh gaoluck one....

zandlery      ( Date: 17-Dec-2020 21:10) Posted:

Actually all the same both buy during it drop or try to buy when see sign of reverse.
Often many false reverse then u become one of the stuck one.
End of the day all the same.
Unless u buy when it actually raise 30% from the bottom... But...... 😂


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Sgvale
Supreme
18-Dec-2020 09:16     
 
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 Alert Admin 		Not over yet. Vaccines side effects, distribution time lags in between for prevention at least a year. WHO also reported vaccines distribution to all most likely will fail
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danger
Supreme
18-Dec-2020 09:08     
 
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 Alert Admin 		sad all sucked into the BB trap after all insiders unloaded to you guys

mchua71      ( Date: 18-Dec-2020 09:07) Posted:

Yes I entered at 1.64 - 1.65 thinking it' s the lowest but it drop further.
my exit point is 1.58, I sold all and move on to other counter.
I follow trend and not follow company. Me no die hard fan of any particular company.
just look at $$. Still monitoring this counter to see any reverse trend.
As of now still rapid downtrend. Fast and furious falling knife can' t enter now.
 

Sgvale      ( Date: 17-Dec-2020 19:46) Posted:

Last wait long for it to break $1.50, $1.40. Then jeep around $1.30 & it also breaks. Jeep more around $1.20 when boss, Mr Wong bought but it also breaks. Then very fast breaks $1.10. My hearts also break. I decide not to buy more already & Wait. Believe many entered much higher than me.


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mchua71
Senior
18-Dec-2020 09:07     
 
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 Alert Admin 		Yes I entered at 1.64 - 1.65 thinking it' s the lowest but it drop further.
my exit point is 1.58, I sold all and move on to other counter.
I follow trend and not follow company. Me no die hard fan of any particular company.
just look at $$. Still monitoring this counter to see any reverse trend.
As of now still rapid downtrend. Fast and furious falling knife can' t enter now.
 

Sgvale      ( Date: 17-Dec-2020 19:46) Posted:

Last wait long for it to break $1.50, $1.40. Then jeep around $1.30 & it also breaks. Jeep more around $1.20 when boss, Mr Wong bought but it also breaks. Then very fast breaks $1.10. My hearts also break. I decide not to buy more already & Wait. Believe many entered much higher than me.

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danger
Supreme
18-Dec-2020 08:59     
 
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 Alert Admin 		GLOVES STOCKS ARE HISTORY

ALL KANA STUCKED BIG TIME
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NT1825
Master
18-Dec-2020 08:30     
 
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 Alert Admin

A New Strain Of Covid-19 Has Emerged In England - Here Is What It Could Mean For The Pandemic And Vaccines


https://www.forbes.com/sites/roberthart/2020/12/15/a-new-strain-of-covid-19-has-emerged-in-englandhere-is-what-it-could-mean-for-the-pandemic-and-vaccines/?sh=29aec6d270f6
 
 
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Eatall
Veteran
18-Dec-2020 08:26     
 
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 Alert Admin 		Yalor... Sometimes... Just one time hor....
Really sibeh gaoluck one....

zandlery      ( Date: 17-Dec-2020 21:10) Posted:

Actually all the same both buy during it drop or try to buy when see sign of reverse.
Often many false reverse then u become one of the stuck one.
End of the day all the same.
Unless u buy when it actually raise 30% from the bottom... But...... 😂

Eatall      ( Date: 17-Dec-2020 20:08) Posted:

Absolutely..

How ones know wheres the lowest...
And, that can stuck alot inside if the counter don mov
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Checkerman
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18-Dec-2020 07:31     
 
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 Alert Admin 		Doesn?t matter if the owner still continue to buy

The counter weakness is there come. Support level will break below $1




Longtermer      ( Date: 17-Dec-2020 23:34) Posted:

 

IS TAN SRI DR LIM WEE CHAI STUPID TO BUY BACK TOP GLOVE SHARES?

Copy, paste and click the URL address below if U are interested to read the article. Taken from Top Glove thread.. enjoy.

https://klse.i3investor.com/blogs/Newroc/2020-12-16-story-h1538224454-IS_TAN_SRI_DR_LIM_WEE_CHAI_STUPID_TO_REPURCHASE_TOP_GLOVE_SHARES.jsp
 
 

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Longtermer
Elite
17-Dec-2020 23:34     
 
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Yells: "A disciplined investor is a wealthy investor"
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 Alert Admin

 

IS TAN SRI DR LIM WEE CHAI STUPID TO BUY BACK TOP GLOVE SHARES?

Copy, paste and click the URL address below if U are interested to read the article. Taken from Top Glove thread.. enjoy.

https://klse.i3investor.com/blogs/Newroc/2020-12-16-story-h1538224454-IS_TAN_SRI_DR_LIM_WEE_CHAI_STUPID_TO_REPURCHASE_TOP_GLOVE_SHARES.jsp
 
 
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SGPhantom
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17-Dec-2020 22:38     
 
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 Alert Admin 		Agree, what they have to milk their USP. Currently cleanroom gloves only contributing to 15% of revenue.

zandlery      ( Date: 17-Dec-2020 22:34) Posted:

Yup, it can be seen on their website.
Whst matters is whether they can expand their marlwt share on cleanroom product during this period where most glove company focus on health care for the obvious reason.

Sgvale      ( Date: 17-Dec-2020 21:40) Posted:

Oh... it also producing face mask?
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SGPhantom
Master
17-Dec-2020 22:35     
 
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 Alert Admin 		Well, I beg to differ. If you buy otw up and it continues up, you may continue buying to average up. If you buy otw down and it continues down, you may continue buying to average down. These are the 2 strategies. Now if you buy otw up and it drops back, you stop buying. But if your strategy is to buy otw down, you will continue buying to average down. Thats the difference. It works for investors like me that do not have unlimited ammo. And again, to each its own. What works best for you, you stick with it. After all, we all have different financial prowess. Best of luck fellas!

zandlery      ( Date: 17-Dec-2020 21:10) Posted:

Actually all the same both buy during it drop or try to buy when see sign of reverse.
Often many false reverse then u become one of the stuck one.
End of the day all the same.
Unless u buy when it actually raise 30% from the bottom... But...... 😂

Eatall      ( Date: 17-Dec-2020 20:08) Posted:

Absolutely..

How ones know wheres the lowest...
And, that can stuck alot inside if the counter don mov
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zandlery
Supreme
17-Dec-2020 22:34     
 
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 Alert Admin 		Yup, it can be seen on their website.
Whst matters is whether they can expand their marlwt share on cleanroom product during this period where most glove company focus on health care for the obvious reason.

Sgvale      ( Date: 17-Dec-2020 21:40) Posted:

Oh... it also producing face mask?

Sgvale      ( Date: 17-Dec-2020 21:38) Posted:

MALAYSIAN glove-maker Riverstone Holdings posted a 119.3-per-cent surge in net profit to RM137.5 million (S$45.27 million) for the six months ended June, driven by the spike in global demand for its health-care examination gloves, clean-room gloves and face masks.
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Sgvale
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17-Dec-2020 21:40     
 
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 Alert Admin 		Oh... it also producing face mask?

Sgvale      ( Date: 17-Dec-2020 21:38) Posted:

MALAYSIAN glove-maker Riverstone Holdings posted a 119.3-per-cent surge in net profit to RM137.5 million (S$45.27 million) for the six months ended June, driven by the spike in global demand for its health-care examination gloves, clean-room gloves and face masks.
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Sgvale
Supreme
17-Dec-2020 21:38     
 
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 Alert Admin 		MALAYSIAN glove-maker Riverstone Holdings posted a 119.3-per-cent surge in net profit to RM137.5 million (S$45.27 million) for the six months ended June, driven by the spike in global demand for its health-care examination gloves, clean-room gloves and face masks.
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zandlery
Supreme
17-Dec-2020 21:10     
 
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 Alert Admin 		Actually all the same both buy during it drop or try to buy when see sign of reverse.
Often many false reverse then u become one of the stuck one.
End of the day all the same.
Unless u buy when it actually raise 30% from the bottom... But...... 😂

Eatall      ( Date: 17-Dec-2020 20:08) Posted:

Absolutely..

How ones know wheres the lowest...
And, that can stuck alot inside if the counter don move

SGPhantom      ( Date: 17-Dec-2020 20:06) Posted:

Thats why I'm against averaging down strategy, especially when I dont know when is low and don't have unlimited ammo. But still, to each its own. Stick with what works for you that have proven successful for you
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TradeExpert
Veteran
17-Dec-2020 20:16     
 
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 Alert Admin 		Agree. And these are short term effects. 

tonyja      ( Date: 17-Dec-2020 18:03) Posted:

but sentiment is also important ,they are affected bcz of dorm unrest

Longtermer      ( Date: 17-Dec-2020 16:58) Posted:


Supplies still lacking demands worldwide!
ASPs will continue to hold at current level or higher.
It means Revenues and Profits can only move up.
Dyodd. Ignore noises is best.

 
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