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PQTPQK Supreme	19-Nov-2020 17:33        PQTPQK About Contact  Quote this Post!
x 0   x 0  Alert Admin	u think which level can try ? humblestudent666      ( Date: 19-Nov-2020 17:33) Posted: so the price dropping from $4.90 to $2.5 now is the confidence in gloves ? (pre split price) or are we all going to buy the shortists again im still a holder also la just sad never get out soon enough, stuck cos of stock split. NT1825      ( Date: 19-Nov-2020 17:30) Posted: The price drop in Moderna reflects no confidence in vaccine, not gloves
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humblestudent666 Senior	19-Nov-2020 17:33        humblestudent666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	so the price dropping from $4.90 to $2.5 now is the confidence in gloves ? (pre split price) or are we all going to buy the shortists again im still a holder also la just sad never get out soon enough, stuck cos of stock split. NT1825      ( Date: 19-Nov-2020 17:30) Posted: The price drop in Moderna reflects no confidence in vaccine, not gloves   humblestudent666      ( Date: 19-Nov-2020 17:17) Posted: rly sad the only way to make money off this counter is to short whoever short pre split price of $4.8++ short until $4.. then until $3.. and now $2.4x (pre split price) maybe people have low confidence in vaccine but what i can say is people have even lower confidence in gloves.
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NT1825 Master	19-Nov-2020 17:30        NT1825 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The price drop in Moderna reflects no confidence in vaccine, not gloves   humblestudent666      ( Date: 19-Nov-2020 17:17) Posted: rly sad the only way to make money off this counter is to short whoever short pre split price of $4.8++ short until $4.. then until $3.. and now $2.4x (pre split price) maybe people have low confidence in vaccine but what i can say is people have even lower confidence in gloves.
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humblestudent666 Senior	19-Nov-2020 17:27        humblestudent666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	its true.. company performance can be godlike, but if sentiment is bad, the price will only go down see a company like Tesla, PE dont know how many thousand, performance also not like RS, which has supernormal incredible profit but too many tesla bulls, sentiment too good, everyone believe in tesla future and strength of their company in the future, pricing in all the future gains market is too forward looking. they already pricing in a future where  everyone has been vaccinated already, pricing in 2022 where the demand maybe drop 50%.
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danger Supreme	19-Nov-2020 17:23        danger About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	same thing will happen to UG , medtec and top gloves the Covid 19 hype up is over !!! 3rdEdition      ( Date: 19-Nov-2020 17:09) Posted: Worst counter ever. Profit all gone for this counter.  Damn regret. Will consider to short. It is short haven counter!
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Checkerman Master	19-Nov-2020 17:22        Checkerman About Contact  Quote this Post!
x 0   x 0  Alert Admin	From $4 plus to $1 plus and you said nothing happen haha BullAllTheWay      ( Date: 19-Nov-2020 16:54) Posted: No la. Maybe delist and go bankrupt. You want short just short. Don?t be a fool talking about the same thing for months and yet nothing happened. Checkerman      ( Date: 19-Nov-2020 16:51) Posted: RS owner also stop buying his share for time being Once vaccine is in full force which is getting nearer , the demand will shrink drastically back to pre covid period of 0.80cent to $1
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humblestudent666 Senior	19-Nov-2020 17:17        humblestudent666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	rly sad the only way to make money off this counter is to short whoever short pre split price of $4.8++ short until $4.. then until $3.. and now $2.4x (pre split price) maybe people have low confidence in vaccine but what i can say is people have even lower confidence in gloves.
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NT1825 Master	19-Nov-2020 17:13        NT1825 About Contact  Quote this Post!
x 0   x 0  Alert Admin	What can the vaccine do today? Nothing  On other hand we have 600k infections oer day Moderna has dropped to 88 from 100+ just after 2 days. Confidence is not high on vaccines. Real sad
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3rdEdition Member	19-Nov-2020 17:09        3rdEdition About Contact  Quote this Post!
x 0   x 0  Alert Admin	Worst counter ever. Profit all gone for this counter.  Damn regret. Will consider to short. It is short haven counter!
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Hector Veteran	19-Nov-2020 17:07        Hector About Contact  Quote this Post!
x 0   x 0  Alert Admin	BB want to collect at low low price again. sign...
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Hello08 Member	19-Nov-2020 17:03        Hello08 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ya ya, will go to medtec price soon  yamseng      ( Date: 19-Nov-2020 17:00) Posted: sellers keep selling  buyers brought, and end of the day still selling  everyday 2 to 3 pips down will see $1 after 2 weeks later
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yamseng Supreme	19-Nov-2020 17:00        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	sellers keep selling  buyers brought, and end of the day still selling  everyday 2 to 3 pips down will see $1 after 2 weeks later
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BullAllTheWay Veteran	19-Nov-2020 16:54        BullAllTheWay About Contact  Quote this Post!
x 0   x 0  Alert Admin	No la. Maybe delist and go bankrupt. You want short just short. Don?t be a fool talking about the same thing for months and yet nothing happened. Checkerman      ( Date: 19-Nov-2020 16:51) Posted: RS owner also stop buying his share for time being Once vaccine is in full force which is getting nearer , the demand will shrink drastically back to pre covid period of 0.80cent to $1   SGPhantom      ( Date: 19-Nov-2020 16:42) Posted: Every day closes at the lowest. A sign of market losing confidence.
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Checkerman Master	19-Nov-2020 16:51        Checkerman About Contact  Quote this Post!
x 0   x 0  Alert Admin	RS owner also stop buying his share for time being Once vaccine is in full force which is getting nearer , the demand will shrink drastically back to pre covid period of 0.80cent to $1   SGPhantom      ( Date: 19-Nov-2020 16:42) Posted: Every day closes at the lowest. A sign of market losing confidence.
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Longtermer Elite	19-Nov-2020 16:50        Longtermer About Contact  Quote this Post! Style: Flexible   Yells: "A disciplined investor is a wealthy investor"
x 0   x 0  Alert Admin	Vaccine does not stop their orderbook from growing.. They are filled till end 2021 or even 2022. Hugely profitable for the next 1.5 to 2 years at least.. The TP is alraedy a discounted from the Malaysian peer companies.   tt1010880      ( Date: 19-Nov-2020 14:19) Posted: Old news back before Vaccine shows up........ Longtermer      ( Date: 19-Nov-2020 13:58) Posted: RS was battered down over the last 1 to 2 weeks. UOBKH gave a TP of $2.99 after results announcement (see report below). Current price is undemanding and decided to do some nibbling. Dyodd. --------------------------------------------- Riverstone Holdings (RSTON SP) 3Q20: Robust Results Expect A Strong Finish For 2020 Riverstone reported exceptionally strong 3Q20 results with revenue and net profit surging on higher ASP and overwhelming demand. 9M20 revenue and net profit formed 60% and 62% of our full-year forecasts respectively. The second wave of infection has sent ASP higher as demand continues to outpace supply. Cleanroom gloves ASP benefitted from a lack of supply. Phase 6 capacity expansion is almost completed. Maintain BUY and PE-based target price of S$2.99 (ex-bonus issue). 3Q20 RESULTS Year to 31 Dec (RMm)    3Q20    3Q19   yoy%    chg 9M20    9M19    yoy%  chg Revenue        482.3      251.3     92.0    1,109.0     731.5     51.6 Gross Profit    251.6   51.4    389.6   449.3     146.3    207.2 Profit Before Tax        232.4     41.8     456.6      407.6      115.9    251.7 Net Profit        178.6      35.6    401.6      316.1    98.3      221.5 Source: Riverstone, Bloomberg, UOB Kay Hian RESULTS &bull Robust results in line as COVID-19 pandemic rages on. Riverstone Holdings (Riverstone) reported robust 3Q20 revenue and net profit on higher ASP and overwhelming demand. 3Q20 revenue and net profit soared 92.0% yoy and 401.6% yoy 9M20 formed 59.8% and 62.1% of our 2020 forecasts respectively. 9M20 gross profit rose 390% yoy as ASP has risen sharply due to overwhelming demand, and formed 65% of our full-year forecast. Despite an increase in raw material costs in 3Q20, 3Q20 gross margin grew 14.6ppt qoq.    We expect Riverstone to end the year with a bang as ASPs of its healthcare and cleanroom gloves continue to rise in Nov 20. &bull Second wave of infection sent ASP higher. Due to the resurgence of COVID-19 in several countries, Riverstone is seeing strong demand for its healthcare gloves. Its orderbook has stretched to 1H21 even with soaring ASP. Riverstone is unable to fulfil any new spot orders until 1H21 as capacity is almost fully utilised. ASP has been on the uptrend, with an upcoming Nov 20 hike expected to increase blended ASP to above US$70/&rsquo 000pcs. Although prices of raw materials have increased by 25% from Sep 20 to Nov 20, management expects ASP to increase 30-35% qoq in 4Q20, negating any significant impact on its bottom-line.
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SGPhantom Master	19-Nov-2020 16:42        SGPhantom About Contact  Quote this Post!
x 0   x 0  Alert Admin	Every day closes at the lowest. A sign of market losing confidence.
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Hello08 Member	19-Nov-2020 16:24        Hello08 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Okok. Boss Ong izzit? Kena left right alr him. Haven' t kena center yet Checkerman      ( Date: 19-Nov-2020 16:19) Posted: my sifu told me to be prepare for $1 :) cucina      ( Date: 19-Nov-2020 16:09) Posted: Thought u sold all?   Why still watching ?
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Checkerman Master	19-Nov-2020 16:19        Checkerman About Contact  Quote this Post!
x 0   x 0  Alert Admin	my sifu told me to be prepare for $1 :) cucina      ( Date: 19-Nov-2020 16:09) Posted: Thought u sold all?   Why still watching ?   humblestudent666      ( Date: 19-Nov-2020 16:06) Posted: 1 more hr to go.. Can we finish the week and hold 1.2
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Hello08 Member	19-Nov-2020 16:19        Hello08 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hahah! Okok. Like cdg u talk so much nonsense in the end 1.62. 👏 🏻   danger      ( Date: 19-Nov-2020 16:03) Posted: GOING DOWN FOR SURE
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cucina Master	19-Nov-2020 16:09        cucina About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Thought u sold all?   Why still watching ?   humblestudent666      ( Date: 19-Nov-2020 16:06) Posted: 1 more hr to go.. Can we finish the week and hold 1.2
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