Latest Forum Topics /
Riverstone
Last:0.84
-0.03
|
|
|
RIVERSTONE HOLDINGS LIMITED
|
|||||
|
tritonyeah6666
Senior |
17-Nov-2021 18:18
|
||||
|
x 0
x 0 Alert Admin |
.
|
||||
| Useful To Me Not Useful To Me | |||||
|
tritonyeah6666
Senior |
17-Nov-2021 18:17
|
||||
|
x 0
x 0 Alert Admin |
.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
sutiono
Veteran |
17-Nov-2021 18:07
|
||||
|
x 0
x 0 Alert Admin |
Exactly ! Too obvious already .
|
||||
| Useful To Me Not Useful To Me | |||||
|
sutiono
Veteran |
17-Nov-2021 18:05
|
||||
|
x 0
x 0 Alert Admin |
Hot monies are back to glove stocks. | ||||
| Useful To Me Not Useful To Me | |||||
|
beng1102
Elite |
17-Nov-2021 17:52
|
||||
|
x 0
x 0 Alert Admin |
Maybe this is why someone is working extra hard to distract and talk down the price.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
beng1102
Elite |
17-Nov-2021 17:48
|
||||
|
x 0
x 0 Alert Admin |
Very positive development!   
|
||||
| Useful To Me Not Useful To Me | |||||
|
Longtermer
Elite |
17-Nov-2021 17:07
Yells: "A disciplined investor is a wealthy investor" |
||||
|
x 0
x 0 Alert Admin |
 
Bursa gloves moved back up today..
Supermax up 4%Carepls up 10% (small glove company) Top Glove 3.7% Trend reversing? Dyodd   |
||||
| Useful To Me Not Useful To Me | |||||
|
Longtermer
Elite |
17-Nov-2021 16:06
Yells: "A disciplined investor is a wealthy investor" |
||||
|
x 0
x 0 Alert Admin |
Those who have access to Bursa will know gloves chionging back from day low.. Check it out. Ask your broker. Cheers   |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
albeniz
Veteran |
17-Nov-2021 15:44
|
||||
|
x 0
x 0 Alert Admin |
Wise comment.  I super lilke!
|
||||
| Useful To Me Not Useful To Me | |||||
|
oli007
Member |
17-Nov-2021 15:27
|
||||
|
x 0
x 0 Alert Admin |
Very true,Have been buying bit by bit on the way down. Cash rich growth company whats there to worry. Just leave it in the freezer and just collect the big dividends on the way. Dont look at the price daily, less you miss the forest for the trees.
|
||||
| Useful To Me Not Useful To Me | |||||
|
JessTrang
Veteran |
17-Nov-2021 15:10
|
||||
|
x 0
x 0 Alert Admin |
Bro Wave, each to his own. You have tried your best to highlight the situation using your analogy comes what may be coming. Those who have heard you will take your heeding, no right or wrong, it' s theirs money and theirs call. Just don' t come yelling the company management sucks(no buyback shares to safeguard investors' capitL), shortists sucks etc. |
||||
| Useful To Me Not Useful To Me | |||||
|
wavehunter
Supreme |
17-Nov-2021 15:04
Yells: "Trade what you see, not what you hope to see." |
||||
|
x 0
x 0 Alert Admin |
Bro Longtermer, Check the chart to find out what happened to the price movement from the time dividend was announced until XD. This will give you a pretty good idea what others vested in this stock are thinking.  |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Longtermer
Elite |
17-Nov-2021 12:38
Yells: "A disciplined investor is a wealthy investor" |
||||
|
x 1
x 0 Alert Admin |
Check it out. They have dividend policy..
Last yr, company made Rm647.3m.
Dividend was Rm 22sen (50% earnings).
This yr, for 3 qtrs, company reported Rm1.307b. (Yes billion). Full yr est Rm1.6b.
Dividend likely about Rm 54sen (assume 50%).
Rm 10sen has beed paid out last qtr.
At this oversold price, the gap up will be tremendous when company decides to announce a big dividend early.
Nobody know when, but it will come.
|
||||
| Useful To Me Not Useful To Me | |||||
|
wavehunter
Supreme |
17-Nov-2021 12:04
Yells: "Trade what you see, not what you hope to see." |
||||
|
x 0
x 0 Alert Admin |
Bro Longtermer, Yes, if the Board of Directors decides to reward shareholders (and themselves as well...heheh) with a bumper dividend payout, that can give a booster shot of viagra to the stock price. But what remains to be seen is let' s say the stock price rises by as much as the declared dividends, will people jump on that window to sell and book the dividends upfront without having to wait any longer OR will people all Hup Chock dont sell to keep the price supported in the hope that after XD, the price will still be the same and they get to keep both the dividends and the enhanced share price.    ![]() Going forward, gone are the days for this company to make supernormal profits. So whatever high dividend payout will not be sustainable. More like one-offs. So when the excitement over the high dividend payout (if there is a high payout) wears out, it is back to reality. And that means if Tua Phows cannot be attracted to park their hot money in this stock, this stock can bounce only but cannot shine. Okay, Bro Longtermer.... you are vested. And by choice. As part of your long term strategic planning. Not stuck. But for those who are trading or buying for short term investment but with the view to doing a Quick-In-Quick-Out, their timing and entry price has to be impeccable or they will become stuck.  |
||||
| Useful To Me Not Useful To Me | |||||
|
beng1102
Elite |
17-Nov-2021 11:56
|
||||
|
x 0
x 0 Alert Admin |
Yes!  The key is to understand the value that the balance sheet supports.  This share will go up and time is on our side.  At the mean time just know that a recent married deal @82.  So please don' t panic sell.  If need to sell then sell above 82c and if need to buy queue patiently to buy at the very low price.  Time is on our side so just time more patient.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Longtermer
Elite |
17-Nov-2021 11:38
Yells: "A disciplined investor is a wealthy investor" |
||||
|
x 0
x 0 Alert Admin |
Bro Wave, Here taking your point below i quote: " " Many of you think 76 cts is the bottom.  Where the bottom really is, no one knows today. We will know when she is there. The bottom is reached when there are no sellers left no matter how bad the market is or no matter how bad sentiments are with respect to this stock. And based on what I have seen, I dont think we are at a stage where there are no more sellers left at 76 cts no matter how dreadful the situation is with respect to this stock. So take your pick. If you think 76 cts will hold becoz there are no sellers left and whoever are still standing will rather die than sell, then you decide if you want to count on that and roll the dice. The other question is - when she has reached a stage of no sellers left and she bottoms out, what next ? Will she recover ? She will bounce, yes. But will she recover. I will leave it at that.  The point is no one know when " " The issue here is NOBODY KNOW when. When I am vested for next 3 months to 1 year.. the verdict is still there. I wont be surprised to see the gloves companies trending back up from here as it is oversold sold based on both chart and FA. The risk reward is in the longists favor for those who want hold at this level (NOT STUCK). The shorts can get burnt when price gap up. I am looking at 14c to 15c dividends (full year 17c to18c) to be announced in the year end results. With the last qtr affected by gov MCO and labour restrictions, i believe the next qtr results will be better and be more rosy. This is the same for all Malaysian gloves companies and thats why many are bouncing up from the bottom. Like we both agree, when? Nobody know.. but very soon i think.  
|
||||
| Useful To Me Not Useful To Me | |||||
|
Traveler
Member |
17-Nov-2021 11:38
|
||||
|
x 0
x 0 Alert Admin |
Bro Longtermer, thank you for highlighting the key financial info of the company --->   EPS of about 34c, RM1.8b cash, dividend about 15c or more. This certainly benefits those who are looking for solid company to invest.  The share price can move up and down. But at the current price level, I will only hold tight to my shares.   
|
||||
| Useful To Me Not Useful To Me | |||||
|
wavehunter
Supreme |
17-Nov-2021 10:59
Yells: "Trade what you see, not what you hope to see." |
||||
|
x 0
x 1 Alert Admin |
Bro Longtermer, I have previously in this thread answered the question raised in your 1st paragraph below many times before. I answered based on many years of observing the market to understand what drives the market. All those FA stuffs you mentioned.... are not enough for a stock to shine. Good FA is a pre-requisite for a stock to shine. But good FA by itself without something else, is useless. Take for example, all the good stocks in STI which are constantly supported and in play and they rise and fall in tandem with market cycles. For these stocks, when they bottom out after a pullback, retracement or correction, they will bounce. No worries there if you are vested in such stocks. They will bounce. And recover. And go on to to head back North.  For these good stocks which generally tend to rise and rise over the longer term, what is the one thing they all have in common? They all have good fundamentals. So that' s the starting point. But having good FA by itself is not enough. You need one more thing - support and participation from funds, institutions and high net worth retail investors. I call them Tua Phows. All the good stocks in STI which are doing well - they all have the support and participation of Tua Phows.    If you cannot attract Tua Phows to invest heavily into your stock permanently on a recurring basis in tandem with market cycles, no matter how very fundamentally strong you are, your stock cannot rise. If you need proof of that, hasn' t RS been reporting supernormal mega profits for 2 yrs now in 2020 and 2021 ? If good earnings, a strong balance sheet and massive cash reserves by themselves are enough to propel a stock to the Moon, RS will be trading at above $3.00 now. But is it ? Instead, she has lost 69% of her value over the last 15 months whilst reporting those mega profits quarter after quarter. So very obviously, FA alone isn' t enough for a stock to shine. Something else is needed - the X Factor. That X Factor is Tua Phows. Another way to backtest what I just said above is to do this - can you find one stock which is bought and  sold only by retail players with no involvement whatsoever from funds, institutions and high net worth retail investors but yet that stock has been able to rise and rise over the longer term and kept showing higher highs and higher lows or even blasted off to the Moon. And so my conclusion is unless and until RS can attract Tua Phows to invest in her in the same way Tua Phows invest in the banks, ST Engrg, Wilmar, Ascendas REIT, Mapletree Industrial Trust, Mapletree Logistics Trust, CapitaLand Investment Ltd, etc.... RS will not be able to shine based on her good FA alone. She can bounce from time to time, yes, due to shortcovering and bargain hunting. Like we have been seeing in the last 15 mths. But she cant shine. Like we have been seeing in the last 15 mths as well.  You said you " still dont understand why current holders are trapped and must still need to get out at this level using your monkey theory" .  I have been warning that this stock is heading south for almost a year already and recommending to those stuck and wish to get out to sell when a bounce comes. After that, we saw a bounce to 1.59. Then the subsquent bounces which came after ended at 1.53, 1.50, 1.34, 1.30, 1.28 and 95 cts. All those people who read my postings and then went on to cut at those levels.....1.59, 1.53, 1.50, 1.34 etc etc....is there any one such person who will today say....." I cut after I read his postings and I really really regret cutting....shouldnt have cut...should have kept my stocks until today to see a New Low at 76 cts" .  Many of you think 76 cts is the bottom.  Where the bottom really is, no one knows today. We will know when she is there. The bottom is reached when there are no sellers left no matter how bad the market is or no matter how bad sentiments are with respect to this stock. And based on what I have seen, I dont think we are at a stage where there are no more sellers left at 76 cts no matter how dreadful the situation is with respect to this stock. So take your pick. If you think 76 cts will hold becoz there are no sellers left and whoever are still standing will rather die than sell, then you decide if you want to count on that and roll the dice. The other question is - when she has reached a stage of no sellers left and she bottoms out, what next ? Will she recover ? She will bounce, yes. But will she recover. I will leave it at that.   
|
||||
| Useful To Me Not Useful To Me | |||||
|
tritonyeah6666
Senior |
17-Nov-2021 10:24
|
||||
|
x 0
x 0 Alert Admin |
Precisely.....
|
||||
| Useful To Me Not Useful To Me | |||||
|
beng1102
Elite |
17-Nov-2021 10:06
|
||||
|
x 0
x 0 Alert Admin |
Yes.  Queue now to buy @76.
|
||||
| Useful To Me Not Useful To Me | |||||


