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Riverstone
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RIVERSTONE HOLDINGS LIMITED
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Peter88
Senior |
04-Dec-2020 00:19
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Most likely i will buy some tomorrow for very short term holding . Will get out before big capacity come in . Goidnite to everyone 🙂 | ||||
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TA_Expert
Supreme |
04-Dec-2020 00:14
Yells: "The World has changed" |
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Precisely, many people especially those who bought before the rally are still making huge profits.
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wavehunter
Supreme |
04-Dec-2020 00:07
Yells: "Trade what you see, not what you hope to see." |
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So is the expected and often repeated strong demand for gloves going into 2021.
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Peter88
Senior |
03-Dec-2020 23:59
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By now , vaccine news shuld be factored into the share price .
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SGPhantom
Master |
03-Dec-2020 23:57
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I think Vaccine news is already absorbed. Just like needs for gloves already absorbed.  
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Peter88
Senior |
03-Dec-2020 23:56
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Those who bought in March and still holding till now ,  e.g . 0.50 , bonus 1 for ne , the effective cost is only 0.25 , exclding the 4 sen dividend . Every share still in the money for a S$1.00 .
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n3wbie
Elite |
03-Dec-2020 23:54
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Guess it is about sentiment. With vaccines being the flavour of the season, herd instint is to go for the recovery counters and obviously tech still. Prob gonna be oversold before finding a new base and trend up (hopefully). 
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SGPhantom
Master |
03-Dec-2020 23:52
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Lots of companies, even in the same sector, have solid numbers too. But just compare RS within the sector, regionally and globally. For me individually, it' s a pathetic time as a shareholder.  
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Peter88
Senior |
03-Dec-2020 23:43
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Solid BS , Good P& L with visible profits till 2021 minimum . Not really very depending on healthcare sector ....
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SGPhantom
Master |
03-Dec-2020 23:40
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I' m not sure if this is the best time / price to go in. All I know is it will probably be not able to reach its highest peak again. But then again, I' d rather be dead wrong as I am also an investor too.
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SGPhantom
Master |
03-Dec-2020 23:38
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Guys, EPF trades too. So they may be invested now, they may not be an investor in a jiffy. It' s good to know they invest in RS, but that does not mean the share price will go up (soon). Apart from gloves, they are also invested in may sectors, balancing their portfolio. So while one sinks, the others may go up. Don' t just take the positives of everything, balance it out too.   |
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Peter88
Senior |
03-Dec-2020 23:31
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So far I have yet to own any share in RS , but is comtemplating to buy some at this level . Have spent sme times on the financials , which are good . But not too sure about the potential increasng capacity , many makers are expanding , top glove etc etc . Can the demand absorb the expanded capacities ? base on the present forseable earning the PE is less than 10 .
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WhereI
Master |
03-Dec-2020 23:26
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Confident guy. I like his style. A vote of confidence for sure. But I no 1 million lah. This means he will surely work hard to bring up the company so that his shares will have value in a few years time. Good man. Puts his money where his mouth and hands are. Respect man... respect...
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ADS2200
Veteran |
03-Dec-2020 23:08
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peter88, epf bought 1,000,000 value $1,323,200 is correct. notification date is 3 dec Date of acquisition is 1 dec. not today, 3 dec 1 dec low 1.3 and high 1.35   
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ADS2200
Veteran |
03-Dec-2020 22:29
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enlightening video ! same thought vaccine is not a cure but more as a preventive measure. puzzling that ceo of pfizer and moderna are selling their shares. thanks for the video last few days share mobementy, especially today can see a trend forming. not saying it will go up but the potential is very high. vested a little.  let' s huat huat arhhhh 🙏 😃
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wavehunter
Supreme |
03-Dec-2020 22:25
Yells: "Trade what you see, not what you hope to see." |
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Ya. Maybe he is buying more shares so that he can defeat any no confidence motion and keep his seat as the CEO.  ![]() Juz kidding. Only he knows why he bought. The rest of us can only speculate. But it is a common misconception to conclude that when a CEO buys shares of his own company, it means the price is going to shoot up shortly. If this CEO has been buying Riverstone stocks  from time to time over the past 6 months at market price, all of his recent acquisitions are underwater now. 
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ADS2200
Veteran |
03-Dec-2020 22:11
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investor999, thanks for your info.
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Checkerman ( Date: 03-Dec-2020 19:03) Posted:
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https://youtu.be/xXYoR8d794Q
Cleanroom gloves will continue to drive profit, and the CEO buying almost every day is already a strong signal of sustained profitability :) staying vested
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