Latest Forum Topics /
Riverstone
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Thai Sri Trang sets IPO price at S$1.20
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stlimst
Master |
06-Aug-2020 17:43
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Today closing trade data: Sold to Byer : 7,850,700 Bought from Seller : 9,659,400 Total traded : 17,510,100 Average price $4.2752 Total trade value : $74,859,179 Closing price of $4.53 . Day High is $4.57 You can see the strength of Riverstone today. Analysing the numbers from the H1 report would have revealed the supernomal performance of Riverstone - beating analysts' forecast numbers convincingly  The bullish report by DBS helps. I am continuing my march with Riverstone.....Q3  & Q4 will blow this out of the water.  
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yamseng
Supreme |
06-Aug-2020 17:07
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1300 lots Q to buy at 450  | ||||
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StarsHav3n
Member |
06-Aug-2020 17:00
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HEHE. Riverstone is my dearest precious!! Love you | ||||
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TradeExpert
Veteran |
06-Aug-2020 16:39
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LOL. :) BB very good. Price holding but the selling spree seems to start signal taking profits.... Let' s hope for better tml. Huat Huat Everyone. :)
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3dw1nchu4
Veteran |
06-Aug-2020 16:35
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If you' re short, I wish you luck. I eat full full for today already  ![]()
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iDontKnow
Member |
06-Aug-2020 16:29
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total trading value today is already more than $67 million.. the highest ever trade value i think.. uptrend momentum is strong | ||||
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TradeExpert
Veteran |
06-Aug-2020 16:23
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Lol. :) Trade Summary for today as at 4:22pm.  Sell Volume: 9139.1K vs Buy Volume: 6257K
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turtletrader
Senior |
06-Aug-2020 16:23
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Agree - this is actually the best strategy to capture maximum profit:)
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Justice888
Supreme |
06-Aug-2020 16:22
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Maybe already shorted. One of the victims today
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Sritrang
Member |
06-Aug-2020 16:21
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hi all, if river still good to buy now at 4.50?
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3dw1nchu4
Veteran |
06-Aug-2020 16:04
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Well, you can try to short this counter I guess. Since you firmly believe it is overpriced, might as well put your money where your mouth is    Forgive me for being suspicious of new accounts coming in to give their expert opinion.
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turtletrader
Senior |
06-Aug-2020 16:02
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Agree - for this type of stock, being passive and not trading in and out is the best strategy. I was also tempted to sell this morning when read forumer mentioned high PE ratio etc, but decided to wait for latest analyst' report. DBS came out with the latest TP of 5.51 and the analysis make sense too. The PE Ratio quoted by DBS is quite low though at 23.7 times - think it is forward PER at end-2020 (element ot forecasting I think). The historical PER based on last year full year results is naturally very high. Happy to continue to hold until Sep/Oct then review again. Huat Ah!!
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TradeExpert
Veteran |
06-Aug-2020 16:00
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More than 600% increase for this counter since March 2020. Hmmm..... Top Gloves seems better... Today Trade Summary: More Sellers than Buyers. Signs of many taking profits...
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3dw1nchu4
Veteran |
06-Aug-2020 15:57
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At the moment, there is a shortfall of gloves and PPE. Even when the vaccine arrives, such disposables are required to administer the vaccine. Post-pandemic, governments and hospitals will still be buying to stockpile PPE for such outbreaks in future. Even if a vaccine candidate is found tomorrow, it will still take at least 6-12 mths to immunize a good majority of the population.  Looks like a win to me  ![]()
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TradeExpert
Veteran |
06-Aug-2020 15:46
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Some medical stocks such as clearbridge, biolidics has high TP and are thought to have good potential with test kits but end up with half value of the TP. It went up and came down. Many trapped in it. This counter likely to be a fantasy like the others. Now covid-19, resulting in demands in medical supplies like kits, medical gloves, etc. With vaccine projected to come as early as this year, where will the high surge in medical gloves go to when vaccine arrives? Hmmm...
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3dw1nchu4
Veteran |
06-Aug-2020 15:32
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I suppose with a year-end TP of $5.51, fair value leading up to Q3 will be close to $5. This likely means we will see a slow and steady upward push, and IMO we should see $4.80 in Sept/Oct. If it burst $5 before Q3 results, I plan to take profit haha
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yamseng
Supreme |
06-Aug-2020 15:15
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Tmr will Gap up and push higher But...... |
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TradeExpert
Veteran |
06-Aug-2020 15:07
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  This Counter keep going up, Can it continue to go up is a questionmark. Realistically, look at all the indicators, Overbought already and went up to $4.56. All day high. BB very kind. Many profit from this counter. But, still have to be cautious when this counter is overbought and go up so much. Should take some profits first. If tml decline, all those who bought in above $4.1 will feel the heat. Hoho.... | ||||
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investlin78
Senior |
06-Aug-2020 15:02
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Agreed. 4.50 resistance broken uptrend will be continuing. Hang on tight... | ||||
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3dw1nchu4
Veteran |
06-Aug-2020 14:59
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What stress? Holding RS has been the most pleasant experience for me haha. Compared to medtecs and ug, this one has been a consistent performer      of course, ug has also taken off, which is beautiful ^^
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