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Riverstone
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Riverstone go go go!
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Chansenghoe1971
Elite |
13-May-2025 16:29
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I am with you cos the stock is under defensive mode since last week which means short-sellers or real sellers dumping and re queue to cover short position
So there is no real buying hence defending only. The really buying time may be when they launch a mountain charge up. But who will want do this? 6 series
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msksmsks
Supreme |
13-May-2025 16:26
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No need to be scared or
worry too much . RS is a well managed Co I'm also loading at current lvl which is too cheap to ignore and if ever goes down further more than happy to scoup more Juz to share, bhgt Sats at 3+, 2.7+, 2.54. when its otw down and this mrng bk abv $3 and sold Hold and wait for technical rebound b4 a reversal set in PDYODD as usual
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rayokc
Senior |
13-May-2025 16:23
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down below 70 tomorrow.... | ||||
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Caesar
Master |
13-May-2025 16:21
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Dropped from 93cts to 71cts for 3 consecutive days ... more than 20 percent retracement ... good time to buy this morning at low 70s ... tech rebound should be round the corner ... good luck
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Chansenghoe1971
Elite |
13-May-2025 12:14
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Right here waiting
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oli007
Member |
13-May-2025 11:17
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you wait la . i start to nibble at 7 series
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Chansenghoe1971
Elite |
13-May-2025 11:13
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Master Wong has been good
RS is well managed. No complains. Hanging well and best amongst the rest. Wait for 6 series. Don fight market |
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oli007
Member |
13-May-2025 10:52
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50% from USTR + 30% reciprocal tariff (down from 145%) so still got 80% on China medical GLOVE
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Cadence88
Veteran |
13-May-2025 10:26
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Dont think tariff is an issue here. Biden raised the glove levy to 50% in 2025 and 100% in 2026. No news that these are recinded.
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Cadence88
Veteran |
13-May-2025 09:59
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Their China factory is to cater to the local market, if I remember correctly from AGM. | ||||
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Chansenghoe1971
Elite |
13-May-2025 09:49
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Q1 commentary talked about new item ie tariff
I thought it was sold down cos they have one or two Chinese factories Tariff reprieves I also thought good for them and now people saying reprieve for Chinese mfr Not wrong but it just shows RS hitting rock now Both ways also sink Better wait at 6 |
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msksmsks
Supreme |
13-May-2025 09:43
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I guessed the drop this mrng might be the Chinese glove makers got a reprive after US & China agreed on some trade terms Nevertheless, at current lvl, it' s oversold PDYODD as usual |
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Chansenghoe1971
Elite |
13-May-2025 09:37
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Dare not buy also lucky
Selling seems non stop some vengeance fund dumping or selling. Wait for selling to dry or Master Wong to come in to buy. Else 6 series a safer bet. |
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highlander
Senior |
13-May-2025 08:34
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Analyst' s report by Nomura ( 8 May 2025) : Maintain BUY with TP 1.10   |
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Chansenghoe1971
Elite |
12-May-2025 20:10
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Hope still have chance to buy 7 series tmr. Don gap up and wait for me to re load.
Oversold now considering how company cited tariff problem in Q1 results |
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money4life
Senior |
09-May-2025 15:36
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Bottom Liao, buy, sure likely will go up. Huat Arrh!
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albeniz
Veteran |
09-May-2025 15:35
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Decided to load some and hold as it has been giving me regular dividends quite consistently. | ||||
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highlander
Senior |
09-May-2025 14:38
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Tend to share your view that it' s oversold.  Some latest analyst reports (8 May 2025) : 1) UOBKH, TP=$0.82 2) CGSI, TP=$0.84 3) RHB, TP=$1.08 
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ETHunter
Master |
09-May-2025 13:35
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RS 52 weeks low.. oversold. Guys be careful. manipulated stock up down very fast. Nibble some and hold. No contra.   |
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Chansenghoe1971
Elite |
09-May-2025 13:25
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Well said
Can t disagree with you I wil probably reload at low 7 it it happens All the best.
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