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hotelgrand Master	18-Nov-2020 17:29        hotelgrand About Contact  Quote this Post!
x 0   x 0  Alert Admin	selling pressure as bonus credited tmr
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SGPhantom Master	18-Nov-2020 17:23        SGPhantom About Contact  Quote this Post!
x 0   x 0  Alert Admin	Be it EPS, ROE, PE, PB or other technical instruments, RS has a solid fundamental overall. But unfortunately, sentiment rules, at least for now. Look at the recent March crash as a lesson, the market does not care whether you are the FAB5 like FAANG or FANTASTIC3 like BAT, when the sentiment turns sour, they all will go, until oversold territories, before the rebound. Has RS " crashed" to that level, or more to come, before the rebound (if any)? We have to keep an open mind that recovery may be long and arduous, as sentiment is still very poor. Basically, those that have confidence and ability to hold can choose to wait it out. Those who do not have confidence and ability to hold, best to exit rather than staring at the current sad situation.  You may even find other play that gives you better immediate return, as it is cyclical value stocks season, and well supported by Vaccine news now. Those who are not vested, stay sidelined and wait for dust to settles before you make your decisions. Word of advice: Do not contra! Anymore vaccine development news can send prices down hastily. Good luck all!   LeShramp      ( Date: 18-Nov-2020 17:01) Posted: Minor point: EPS is not a good way to compare companies. Suggestion is to look into RoE or RoIC. NT1825      ( Date: 18-Nov-2020 16:08) Posted: Today will be the 5th day RS is down due to sentiments. Tomorrow we will see it brighter and improving If we go by fundamental, RS will stay strong even with only semicon industries. When covid is over, economic activities with soar and this will again create real demand for semicon industry output. This RS company with flourish in either situation, it is a cycle we need to adapt At 1.32 level  its EPS is $0.09 much better than many other counters
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look@bright Elite	18-Nov-2020 17:16        look@bright About Contact  Quote this Post!
x 0   x 0  Alert Admin	to justify share price is EPS not ROE LeShramp      ( Date: 18-Nov-2020 17:01) Posted: Minor point: EPS is not a good way to compare companies. Suggestion is to look into RoE or RoIC. NT1825      ( Date: 18-Nov-2020 16:08) Posted: Today will be the 5th day RS is down due to sentiments. Tomorrow we will see it brighter and improving If we go by fundamental, RS will stay strong even with only semicon industries. When covid is over, economic activities with soar and this will again create real demand for semicon industry output. This RS company with flourish in either situation, it is a cycle we need to adapt At 1.32 level  its EPS is $0.09 much better than many other counters
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LeShramp Member	18-Nov-2020 17:01        LeShramp About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Minor point: EPS is not a good way to compare companies. Suggestion is to look into RoE or RoIC. NT1825      ( Date: 18-Nov-2020 16:08) Posted: Today will be the 5th day RS is down due to sentiments. Tomorrow we will see it brighter and improving If we go by fundamental, RS will stay strong even with only semicon industries. When covid is over, economic activities with soar and this will again create real demand for semicon industry output. This RS company with flourish in either situation, it is a cycle we need to adapt At 1.32 level  its EPS is $0.09 much better than many other counters   Hector      ( Date: 18-Nov-2020 15:33) Posted: any reason why RS keep on falling huh?
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stanip Veteran	18-Nov-2020 16:46        stanip About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agreed. On the mid term, hope some analysts will start talking soon about the demand impact on glove suppliers from infection jumps near term (10m new cases every 21 days), from vaccination of 8 billion people globally (2 vaccines each) for next 2-3 years and the super strong profitability & cash for next few quarters. NT1825      ( Date: 18-Nov-2020 16:08) Posted: Today will be the 5th day RS is down due to sentiments. Tomorrow we will see it brighter and improving If we go by fundamental, RS will stay strong even with only semicon industries. When covid is over, economic activities with soar and this will again create real demand for semicon industry output. This RS company with flourish in either situation, it is a cycle we need to adapt At 1.32 level  its EPS is $0.09 much better than many other counters   Hector      ( Date: 18-Nov-2020 15:33) Posted: any reason why RS keep on falling huh?
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SGPhantom Master	18-Nov-2020 16:40        SGPhantom About Contact  Quote this Post!
x 0   x 0  Alert Admin	I do not necessarily agree with it being over. But I do agree that it may be better to avoid, for now, until sentiment improves. It may fly tomorrow, next week, next month, next year, or never again, who knows. Better let the dust settles before taking the next steps. Checkerman      ( Date: 18-Nov-2020 16:04) Posted: Medical play is over . Better avoid Hector      ( Date: 18-Nov-2020 15:33) Posted: any reason why RS keep on falling huh?
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NT1825 Master	18-Nov-2020 16:08        NT1825 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Today will be the 5th day RS is down due to sentiments. Tomorrow we will see it brighter and improving If we go by fundamental, RS will stay strong even with only semicon industries. When covid is over, economic activities with soar and this will again create real demand for semicon industry output. This RS company with flourish in either situation, it is a cycle we need to adapt At 1.32 level  its EPS is $0.09 much better than many other counters   Hector      ( Date: 18-Nov-2020 15:33) Posted: any reason why RS keep on falling huh?
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Checkerman Master	18-Nov-2020 16:04        Checkerman About Contact  Quote this Post!
x 0   x 0  Alert Admin	Medical play is over . Better avoid Hector      ( Date: 18-Nov-2020 15:33) Posted: any reason why RS keep on falling huh?
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SGPhantom Master	18-Nov-2020 15:56        SGPhantom About Contact  Quote this Post!
x 0   x 0  Alert Admin	Its the whole med supply sector, not just RS. And it is not just SGX and Bursa only, but worldwide. Many vaccine progression news, latest being from Sinovac. Investors / traders / retailers / etc lose confidence or panic. No catalysts / supernormal news. Basically Sentiment is poor now. Hector      ( Date: 18-Nov-2020 15:33) Posted: any reason why RS keep on falling huh?
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Hector Veteran	18-Nov-2020 15:33        Hector About Contact  Quote this Post!
x 0   x 0  Alert Admin	any reason why RS keep on falling huh?
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Flyingtask Supreme	18-Nov-2020 13:13        Flyingtask About Contact  Quote this Post!
x 0   x 0  Alert Admin	Welcome, below is detail of company from simply Wall Street. Business Profile Riverstone Holdings Limited, an investment holding company, manufactures and distributes cleanroom and healthcare gloves in Malaysia. The company offers cleanroom finger cots, static shielding and packaging bags, face masks, and wipers and other consumables, such as hairnets, antistatic gloves, conductive latex finger cots, static dissipative shoes, safety booties, shoe covers, cleanroom coveralls, ESD rubber bands, sticky mats and rollers, swab-polyester and microfibers, and cleanroom papers. It also provides healthcare products, including blue, white, black, and accelerator free nitrile exam gloves. In addition, the company trades in latex products and distributes cleanroom products. It sells its products under the RS brand for use in the hard disk drive, semiconductor, and healthcare industries. The company also exports its products to Asia, Europe, and the Americas. Riverstone Holdings Limited was founded in 1989 and is based in Singapore. Riverstone Holdings Limited operates as a subsidiary of Raffles Nominees (PTE.) Limited. Below is some reference for global semiconductor growth projection. https://www.statista.com/statistics/266976/forecast-revenue-growth-in-the-semiconductor-industry-worldwide/ https://www.pwc.com/gx/en/industries/tmt/publications/global-tmt-semiconductor-report-2019.html NT1825      ( Date: 18-Nov-2020 12:52) Posted: Thanks, bro. Useful information Flyingtask      ( Date: 18-Nov-2020 12:50) Posted: According to their presentation,there is projected high growth of both sectors. Cleanroom gloves grew >30.0% in the first three quarters of 2020. Increasing trend expected to persist through to 2021 ▪ Overall, average selling prices of both healthcare and cleanroom gloves are expected to continue trending upwards due to strong demand ▪ Two more double lines to be commissioned in November and December 2020 If u refer to last report related to this title (( Riverstone is a diamond to have, says RHB)) https://www.theedgesingapore.com/capital/brokers-calls/riverstone-diamond-have-says-rhb 69% of its revenue comes from its healthcare division ? for which it is an OEM or original equipment manufacturer. The remaining 31% comes from its cleanroom segment in which its gloves are sold under its Riverstone Resources brand for use in cleanroom environments.
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NT1825 Master	18-Nov-2020 12:52        NT1825 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks, bro. Useful information Flyingtask      ( Date: 18-Nov-2020 12:50) Posted: According to their presentation,there is projected high growth of both sectors. Cleanroom gloves grew >30.0% in the first three quarters of 2020. Increasing trend expected to persist through to 2021 ▪ Overall, average selling prices of both healthcare and cleanroom gloves are expected to continue trending upwards due to strong demand ▪ Two more double lines to be commissioned in November and December 2020 If u refer to last report related to this title (( Riverstone is a diamond to have, says RHB)) https://www.theedgesingapore.com/capital/brokers-calls/riverstone-diamond-have-says-rhb 69% of its revenue comes from its healthcare division ? for which it is an OEM or original equipment manufacturer. The remaining 31% comes from its cleanroom segment in which its gloves are sold under its Riverstone Resources brand for use in cleanroom environments. NT1825      ( Date: 18-Nov-2020 12:39) Posted: How much revenue RS get from semicon sector, in %? The rest must be from Healthcar
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Flyingtask Supreme	18-Nov-2020 12:51        Flyingtask About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://links.sgx.com/1.0.0/corporate-announcements/8FTT9MNR567N7UTQ/55c7b684eb8c9084f5b62483df7627603a881a0a5524f5809b109a2a087b50b3 Corporate presentations Flyingtask      ( Date: 18-Nov-2020 12:50) Posted: According to their presentation,there is projected high growth of both sectors. Cleanroom gloves grew >30.0% in the first three quarters of 2020. Increasing trend expected to persist through to 2021 ▪ Overall, average selling prices of both healthcare and cleanroom gloves are expected to continue trending upwards due to strong demand ▪ Two more double lines to be commissioned in November and December 2020 If u refer to last report related to this title (( Riverstone is a diamond to have, says RHB)) https://www.theedgesingapore.com/capital/brokers-calls/riverstone-diamond-have-says-rhb 69% of its revenue comes from its healthcare division ? for which it is an OEM or original equipment manufacturer. The remaining 31% comes from its cleanroom segment in which its gloves are sold under its Riverstone Resources brand for use in cleanroom environments. NT1825      ( Date: 18-Nov-2020 12:39) Posted: How much revenue RS get from semicon sector, in %? The rest must be from Healthcar
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Flyingtask Supreme	18-Nov-2020 12:50        Flyingtask About Contact  Quote this Post!
x 0   x 0  Alert Admin	According to their presentation,there is projected high growth of both sectors. Cleanroom gloves grew >30.0% in the first three quarters of 2020. Increasing trend expected to persist through to 2021 ▪ Overall, average selling prices of both healthcare and cleanroom gloves are expected to continue trending upwards due to strong demand ▪ Two more double lines to be commissioned in November and December 2020 If u refer to last report related to this title (( Riverstone is a diamond to have, says RHB)) https://www.theedgesingapore.com/capital/brokers-calls/riverstone-diamond-have-says-rhb 69% of its revenue comes from its healthcare division ? for which it is an OEM or original equipment manufacturer. The remaining 31% comes from its cleanroom segment in which its gloves are sold under its Riverstone Resources brand for use in cleanroom environments. NT1825      ( Date: 18-Nov-2020 12:39) Posted: How much revenue RS get from semicon sector, in %? The rest must be from Healthcare Flyingtask      ( Date: 17-Nov-2020 23:11) Posted: Thanks for sharing. However, i want to remind again that please do not underestimate the growth of semiconductor which RS has advantage to serve. Riverstone cannot be directly compared to these 4 totally.
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NT1825 Master	18-Nov-2020 12:39        NT1825 About Contact  Quote this Post!
x 0   x 0  Alert Admin	How much revenue RS get from semicon sector, in %? The rest must be from Healthcare Flyingtask      ( Date: 17-Nov-2020 23:11) Posted: Thanks for sharing. However, i want to remind again that please do not underestimate the growth of semiconductor which RS has advantage to serve. Riverstone cannot be directly compared to these 4 totally. highlander      ( Date: 17-Nov-2020 22:44) Posted: An interesting read below from a post in ' i3investor' on Glove and Vaccine : Quote : In understanding the past we may predict the future with higher level of accuracy. The discovery of COVID-19 vaccine is imminent. This fact obviously worries alot of glove stock investors as the sell down continues since the announcement of Pfizer' s mRNA based vaccine a week back. In this article, I present and compare the past performance of share price and QR of Topglov, Harta, Supermx & Kossan (btw all of this information is actually public info) . 1. We can see that prices of BIG 4 started to move up even before WHO declare H1N1 as pandemic. I guess this was where the smart money started to flow in. 2. For TOPGLOV, HARTA & SUPERMX, its share price move north aggrresively when WHO eventually declare world-wide pandemic on 11th June-09. 3. Now this is the part that is interesting, on 15th Sep 2009, FDA approved 4 vaccines (and finally the 5th one was on 16 Nov). At this point onwards, the share price of ALL 4 of them rallied more aggresive compare to the time there was no vaccine. The moving up lasted between 8 to 10 months with some correction in between. 4. Fundamentally, if you see the QR reported during the pandemic window, it DOES NOT reflect as strong PAT /margin as what they do now: a) From at least TOPGLOV & SUPERMX QR notes, they did not indicate of foward selling. Today their inventories are oversold until end 2021. b). During this period latex prices & crude oil (butaine) were higher than they were today. MYR was also stronger. Hence impact on PAT. c). Today the glove produciton volume are at least double of where they were in 2009 e.g: Topglove only produce aprpox 30 bil pcs/year, now they are reaching 100 bil. d). This is common knowledge that COVID-19 hits the world worst than H1N1. Therefore global demand have surged multiple times that of H1N1 era. 5. Eventually when enough masses had been innoculated and WHO declares the end of H1N1 pandemic, prices corrected itself. the QR which all BIG 4 release reflected the decrease in revenue (except HARTA which lasted a while longer). So the question to ask yourself if you are investing in glove today or you are deciding to cut loss is this....why do you think the price move up north stronger after H1N1 vaccine is approved by FDA in Sep-09? Will history repeat itself? Does the discovery of vaccine or the anticipation that it will be available in Dec or Q1 2021 reduces the demand for glove? What does history teach us? -Unquote
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Flyingtask Supreme	18-Nov-2020 08:06        Flyingtask About Contact  Quote this Post!
x 0   x 0  Alert Admin	How Project N95 Opens The PPE Market To Buyers In Need Already, new challenges are emerging: According to Miller, there is evidence of a glove shortage, which could severely impede vaccine administration efforts. https://www.pymnts.com/news/b2b-payments/2020/project-n95-ppe-market-buyers-suppliers/ (( for those who say gloves is no longer needed once vaccine is found, I think he can try to figure out which hospital will dare to vaccinate u without gloves))
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Sgvale Supreme	18-Nov-2020 08:01        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	US stocks reverse course after Vaccines news cool off. Huat ah !!
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Flyingtask Supreme	18-Nov-2020 08:00        Flyingtask About Contact  Quote this Post!
x 0   x 0  Alert Admin	Guest Editorial: America's PPE pipeline is still broken THE LOS ANGELES TIMES EDITORIAL BOARD Nov 17, 2020 Updated 38 min ago https://azdailysun.com/opinion/editorial/guest-editorial-americas-ppe-pipeline-is-still-broken/article_cde068a1-d634-5498-9374-95ed8b6841ac.html
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Flyingtask Supreme	18-Nov-2020 07:57        Flyingtask About Contact  Quote this Post!
x 0   x 0  Alert Admin	As Cases Surge and Pandemic Stretches On, PPE for Frontline Workers is Still in Short Supply By Austin Landis Nationwide PUBLISHED 1:54 PM ET Nov. 17, 2020 https://www.ny1.com/nyc/all-boroughs/news/2020/11/17/pandemic-continues-ppe-still-scarce
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Flyingtask Supreme	18-Nov-2020 07:55        Flyingtask About Contact  Quote this Post!
x 0   x 0  Alert Admin	Local medical organization talks about a possible shortage of P.P.E. Tuesday, November 17th 2020, 5:02 PM EST by Alex Bielfeld https://www.weny.com/story/42925875/local-medical-organization-talks-about-a-possible-shortage-of-ppe
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