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wavehunter Supreme	11-Dec-2020 23:54        wavehunter About Contact  Quote this Post!   Yells: "Trade what you see, not what you hope to see."
x 0   x 0  Alert Admin	I am afraid he will get his wish and the price will dip further. Last Low was 1.19 and this served as a solid concrete wall of support for one whole week. That concrete wall was very important. It gave hope and life to many people who are vested. But today, Stephen Chow finally arrived. And with that, that concrete wall of support at 1.19 is no more.  . . Expect more downside next week. Do brace for impact and expect more attacks by bears. . SGPhantom      ( Date: 11-Dec-2020 22:57) Posted: I hope not : ) Peter88      ( Date: 11-Dec-2020 22:45) Posted: I hope price can head lower for me to buy more
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SGPhantom Master	11-Dec-2020 22:57        SGPhantom About Contact  Quote this Post!
x 0   x 0  Alert Admin	I hope not : ) Peter88      ( Date: 11-Dec-2020 22:45) Posted: I hope price can head lower for me to buy more . SGPhantom      ( Date: 11-Dec-2020 21:55) Posted: At this price, thats a fantastic dividend return! Hope that really happens. But gotta wait how they want to declare it, and thats a good few months away. If the share continues to dip, this dividend return also no use unless for new entries
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Peter88 Senior	11-Dec-2020 22:45        Peter88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I hope price can head lower for me to buy more . SGPhantom      ( Date: 11-Dec-2020 21:55) Posted: At this price, thats a fantastic dividend return! Hope that really happens. But gotta wait how they want to declare it, and thats a good few months away. If the share continues to dip, this dividend return also no use unless for new entries. Peter88      ( Date: 11-Dec-2020 19:50) Posted: Base on the 3Q Net profit of RM 178M , it is not too optismistic to predict the 4Q net profit of RM 200m , with increased ASPs and extra  production lines commssioned .    FY 2021 forcast : ( Some analysts even predicted RM250M or more per Q ) , but I prefer to be more conservative .   RM 200 X 4 =RM 800M pa. @3.06 = S$261m S$261,000,000  divided by 1,490,000,000 shares , EPS =S$0.175 , PE = 6.9 x ( Base on 1.20 ) The dividend payout ratio is abut 38% , so dividend will be S$0.0665 / share
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SGPhantom Master	11-Dec-2020 21:55        SGPhantom About Contact  Quote this Post!
x 0   x 0  Alert Admin	At this price, thats a fantastic dividend return! Hope that really happens. But gotta wait how they want to declare it, and thats a good few months away. If the share continues to dip, this dividend return also no use unless for new entries. Peter88      ( Date: 11-Dec-2020 19:50) Posted: Base on the 3Q Net profit of RM 178M , it is not too optismistic to predict the 4Q net profit of RM 200m , with increased ASPs and extra  production lines commssioned .    FY 2021 forcast : ( Some analysts even predicted RM250M or more per Q ) , but I prefer to be more conservative .   RM 200 X 4 =RM 800M pa. @3.06 = S$261m S$261,000,000  divided by 1,490,000,000 shares , EPS =S$0.175 , PE = 6.9 x ( Base on 1.20 ) The dividend payout ratio is abut 38% , so dividend will be S$0.0665 / share
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SGPhantom Master	11-Dec-2020 21:50        SGPhantom About Contact  Quote this Post!
x 0   x 0  Alert Admin	Baby steps. See if can consolidate at 130s, then after 140s. Now can't even hold 130s. Forget about 150s. zandlery      ( Date: 11-Dec-2020 18:15) Posted: If it share price can recover back to 1.50.....most likely it got tempo going to 1.60-1.70.....just my thoughts. 1.9x abit difficult for me.... humblestudent666      ( Date: 11-Dec-2020 17:53) Posted: What is everyone's target price? To cover losses or to make big returns?
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TA_Expert Supreme	11-Dec-2020 21:36        TA_Expert About Contact  Quote this Post!   Yells: "The World has changed"
x 0   x 0  Alert Admin	The golden dollar is worth waiting.
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TradeExpert Veteran	11-Dec-2020 21:24        TradeExpert About Contact  Quote this Post!
x 0   x 0  Alert Admin	It most probably be trading for sideways between 1.1 to 1.2x for another day or 2 days on coming monday before the next burst of breakout towards an uptrend looking at the steady accumulation of buying in volume, suggesting some level of support at around 1.15 to 1.18 range.  Gloves especially medical gloves are essential items whether in times of pandemic or in pre-covid times. Logically, even if there are covid vaccines made available, this will spur more demands for gloves as each time a vaccine is going to administer, the medical personnels need to constantly change gloves for each patient as part of their SOP. In fact, more gloves are required during the pandemic period.  Besides that, as productions of technology companies such as producing/manufacturing chips are returning to their usual manufacturing capacity with some increasing their manufacturing capacity to make up the " loss" during the lockdown period/shut down of production line, there will be an increase of demand for clean room gloves. The strong nett profit up 4x surely suggest the strong demand for gloves.  https://www.businesstimes.com.sg/companies-markets/riverstones-q3-net-profit-up-four-times-with-strong-demand-for-gloves The pandemic does not go off overnight. It' s going to there to stay for at least 2 years till around end of FY 2021 even with the availbility of vaccine.This is being echoed by many countries.  Basically, at the price of $1.1x to $1.2x today, this counter is undervalued. Most, I believe have locked in at the price of $1.5x . I think we should be looking at at least $1.7 in the coming weeks. The buy call by most brokeage and banks still maintains at " BUY" with only a handful changing to " hold" strongly suggest the potentials of this counter supported by strong profits results For those who are still holding RS, best of luck and towards a Huat Huat Christmas and New Year. Its also time to do averaging at $1.1x for those who have lock in at $2.x.  Let' s sit tight together, hold tight and wait for it to rocket!! :) lolxx...
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look@bright Elite	11-Dec-2020 20:54        look@bright About Contact  Quote this Post!
x 0   x 0  Alert Admin	undervalued Peter88      ( Date: 11-Dec-2020 19:50) Posted: Base on the 3Q Net profit of RM 178M , it is not too optismistic to predict the 4Q net profit of RM 200m , with increased ASPs and extra  production lines commssioned .    FY 2021 forcast : ( Some analysts even predicted RM250M or more per Q ) , but I prefer to be more conservative .   RM 200 X 4 =RM 800M pa. @3.06 = S$261m S$261,000,000  divided by 1,490,000,000 shares , EPS =S$0.175 , PE = 6.9 x ( Base on 1.20 ) The dividend payout ratio is abut 38% , so dividend will be S$0.0665 / share
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Peter88 Senior	11-Dec-2020 19:50        Peter88 About Contact  Quote this Post!
x 1   x 0  Alert Admin	Base on the 3Q Net profit of RM 178M , it is not too optismistic to predict the 4Q net profit of RM 200m , with increased ASPs and extra  production lines commssioned .    FY 2021 forcast : ( Some analysts even predicted RM250M or more per Q ) , but I prefer to be more conservative .   RM 200 X 4 =RM 800M pa. @3.06 = S$261m S$261,000,000  divided by 1,490,000,000 shares , EPS =S$0.175 , PE = 6.9 x ( Base on 1.20 ) The dividend payout ratio is abut 38% , so dividend will be S$0.0665 / share
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investor999 Elite	11-Dec-2020 18:27        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Expected this. Therefore I have backup waiting at 1.15 zandlery      ( Date: 11-Dec-2020 18:15) Posted: If it share price can recover back to 1.50.....most likely it got tempo going to 1.60-1.70.....just my thoughts. 1.9x abit difficult for me.... humblestudent666      ( Date: 11-Dec-2020 17:53) Posted: What is everyone's target price? To cover losses or to make big returns?
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zandlery Supreme	11-Dec-2020 18:15        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	If it share price can recover back to 1.50.....most likely it got tempo going to 1.60-1.70.....just my thoughts. 1.9x abit difficult for me.... humblestudent666      ( Date: 11-Dec-2020 17:53) Posted: What is everyone's target price? To cover losses or to make big returns?
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humblestudent666 Senior	11-Dec-2020 17:53        humblestudent666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	What is everyone's target price? To cover losses or to make big returns?
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ADS2200 Veteran	11-Dec-2020 17:44        ADS2200 About Contact  Quote this Post!
x 0   x 0  Alert Admin	May tomorrow be a perfect day May you find love and laughter along the way May God keep you in his tender care ' Til he brings us together again happy weekend everyone 🤗 🙏
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Hector Veteran	11-Dec-2020 17:25        Hector About Contact  Quote this Post!
x 0   x 0  Alert Admin	i also abt same lvl. sian...  yeahmu      ( Date: 11-Dec-2020 17:19) Posted: What is the average price for you guys? I am quite high @150
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Peter88 Senior	11-Dec-2020 17:25        Peter88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	1.225 for now . Will only buy to average if t goes below  to 1.10 . yeahmu      ( Date: 11-Dec-2020 17:19) Posted: What is the average price for you guys? I am quite high @150
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Alson18 Senior	11-Dec-2020 17:21        Alson18 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The Bears are laughing now and can talk very loud now! Alson18      ( Date: 11-Dec-2020 17:09) Posted: Looks like hv to hold till feb result no point selling to depress price further All the best to those who invest and hv faith in this counter
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yeahmu Senior	11-Dec-2020 17:19        yeahmu About Contact  Quote this Post!
x 0   x 0  Alert Admin	What is the average price for you guys? I am quite high @150
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Hector Veteran	11-Dec-2020 17:12        Hector About Contact  Quote this Post!
x 0   x 0  Alert Admin	seems like RS has no hope liao should not have listen that glove sector should sustain until H1 2021. put this into freezer until next result out
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Alson18 Senior	11-Dec-2020 17:09        Alson18 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Looks like hv to hold till feb result no point selling to depress price further All the best to those who invest and hv faith in this counter
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SGPhantom Master	11-Dec-2020 16:57        SGPhantom About Contact  Quote this Post!
x 0   x 0  Alert Admin	Somehow, the song " Speechless" comes to mind. *sigh* Have a great weekend ahead fellas! Next week may be better.
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