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Possible , as Boss Wong mentioned , improve 2H result.
Hope he is generous which he always do .
Tob231 ( Date: 29-Oct-2025 11:42) Posted:
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this friday is the last day of October and the next trading day will be 3 Nov
aiyo ... time passes so fast .... after that end of the year liao
岁 月 不 留 人
aiyo ... time passes so fast .... after that end of the year liao
岁 月 不 留 人
wondering if there is another payout for dividend next month ... ?
if yes, when will they release the news ?
thanks
if yes, when will they release the news ?
thanks
Happy for you.
Thanks for digging my post.
For those who bought 1 or 2 series, try telling them.
Anyway, there are many stocks that can make more.
Have a nice evening.
Thanks for digging my post.
For those who bought 1 or 2 series, try telling them.
Anyway, there are many stocks that can make more.
Have a nice evening.
KenMcGormick ( Date: 21-Oct-2025 18:14) Posted:
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Price on 8 Aug 69c
Price now 87c
Ser, please let us know what's the next thing you are bearish on.
Price now 87c
Ser, please let us know what's the next thing you are bearish on.
Chansenghoe1971 ( Date: 08-Aug-2025 08:40) Posted:
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Sold some @ 81, ang mo houses buying
Hopefully 85-90 range within this week
MambaFinancial89 ( Date: 08-Oct-2025 10:40) Posted:
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Riverstone shares surge on UOB Kay Hians higher target price of 98 cents led by AI-end demand (The Edge, 8 October 2025)
Heidi Mo of UOB Kay Hian, citing end demand from AI-related activities, has raised her target price for rubber glove maker Riverstone Holdings from 71 cents to 98 cents.
The cleanroom segment, according to Mo in her Oct 8 note, remains the Malaysia-based companys key earnings driver, contributing around 40% of revenue but nearly 70% of gross profit.
Riverstone, led by executive chairman Wong Teek Soon, expects 10% q-o-q volume growth in 3QFY25, supported by stronger demand from the semiconductor and AI-driven data-storage industries.
Customers such as Seagate and Western Digital are increasing output of hard disk drives and NAND devices, which in turn is lifting glove consumption, says Mo.
She observes that average selling prices and USD-Ringgit exchange rate to hold at around 4.25, while newly commissioned production lines have also come on-stream.
While there is yet to be a full rebound, these lay the groundwork for a more meaningful recovery in 4QFY2025, says Mo.
Citing her own channel checks, prices of nitrile latex, the key raw material, have eased by 3-6% q-o-q, while prices of key feedstocks acrylonitrile and butadiene have declined 3-4% q-o-q as well, which should translate into a slight gross margin gain of 1-2 ppt in 3QFY2025.
As glove ASPs are typically set with a two-month lag, Riverstone is likely to capture most of this benefit in 3QFY2025, before customer pricing fully adjusts, says Mo.
Besides the electronics segment, Riverstone is seeing margins for its healthcare segment to edge up too, as the company avoids low-margin orders.
US tariffs on pharmaceutical goods will not cover medical consumables such as gloves.
Even if related costs arise within the supply chain, they would likely be absorbed by distributors or healthcare providers, given the essential and low-value nature of gloves. Hence, we expect the impact of the tariffs on Riverstones earnings to be minimal, and the policys push for US pharmaceutical onshoring may even lift long-term cleanroom demand, says Mo.
She notes that Riverstone, backed by strong net cash of RM602 million, has built up a strong dividend track record, consistently paid out more than 100% of its earnings in the preceding FY2022 to FY2024.
With scant capex requirements, Riverstone has ample flexibility to sustain high payouts, which by extension provides strong support for the stock, even as quarterly earnings recovery remains gradual. Mo estimates the dividend yield for 2026 will be an attractive 7.3%.
For the current FY2025 to FY2027, Mo has lowered her earnings projections by 9%, 6% and 5% respectively, to take into slower than expected recovery in the ringgit to US dollar exchange rate, which will weigh down on overall margins.
However, she has applied a higher valuation multiple of 20x FY2026 earnings, up from 16x FY2025, to reflect Riverstones competitive advantage in cleanroom gloves, superior profitability vs peers, strong balance sheet, and dividend payout policy, thereby leading to a higher target price of 98 cents.
Riverstone, trading at 15 x FY2026 now, is at a discount of more than 40% off the 26x fetched by its peers, even though it gives a better yield.
Riverstone shares changed hands at 81 cents, up 7.28%, as at 9.33 am.
Heidi Mo of UOB Kay Hian, citing end demand from AI-related activities, has raised her target price for rubber glove maker Riverstone Holdings from 71 cents to 98 cents.
The cleanroom segment, according to Mo in her Oct 8 note, remains the Malaysia-based companys key earnings driver, contributing around 40% of revenue but nearly 70% of gross profit.
Riverstone, led by executive chairman Wong Teek Soon, expects 10% q-o-q volume growth in 3QFY25, supported by stronger demand from the semiconductor and AI-driven data-storage industries.
Customers such as Seagate and Western Digital are increasing output of hard disk drives and NAND devices, which in turn is lifting glove consumption, says Mo.
She observes that average selling prices and USD-Ringgit exchange rate to hold at around 4.25, while newly commissioned production lines have also come on-stream.
While there is yet to be a full rebound, these lay the groundwork for a more meaningful recovery in 4QFY2025, says Mo.
Citing her own channel checks, prices of nitrile latex, the key raw material, have eased by 3-6% q-o-q, while prices of key feedstocks acrylonitrile and butadiene have declined 3-4% q-o-q as well, which should translate into a slight gross margin gain of 1-2 ppt in 3QFY2025.
As glove ASPs are typically set with a two-month lag, Riverstone is likely to capture most of this benefit in 3QFY2025, before customer pricing fully adjusts, says Mo.
Besides the electronics segment, Riverstone is seeing margins for its healthcare segment to edge up too, as the company avoids low-margin orders.
US tariffs on pharmaceutical goods will not cover medical consumables such as gloves.
Even if related costs arise within the supply chain, they would likely be absorbed by distributors or healthcare providers, given the essential and low-value nature of gloves. Hence, we expect the impact of the tariffs on Riverstones earnings to be minimal, and the policys push for US pharmaceutical onshoring may even lift long-term cleanroom demand, says Mo.
She notes that Riverstone, backed by strong net cash of RM602 million, has built up a strong dividend track record, consistently paid out more than 100% of its earnings in the preceding FY2022 to FY2024.
With scant capex requirements, Riverstone has ample flexibility to sustain high payouts, which by extension provides strong support for the stock, even as quarterly earnings recovery remains gradual. Mo estimates the dividend yield for 2026 will be an attractive 7.3%.
For the current FY2025 to FY2027, Mo has lowered her earnings projections by 9%, 6% and 5% respectively, to take into slower than expected recovery in the ringgit to US dollar exchange rate, which will weigh down on overall margins.
However, she has applied a higher valuation multiple of 20x FY2026 earnings, up from 16x FY2025, to reflect Riverstones competitive advantage in cleanroom gloves, superior profitability vs peers, strong balance sheet, and dividend payout policy, thereby leading to a higher target price of 98 cents.
Riverstone, trading at 15 x FY2026 now, is at a discount of more than 40% off the 26x fetched by its peers, even though it gives a better yield.
Riverstone shares changed hands at 81 cents, up 7.28%, as at 9.33 am.
easywin ( Date: 08-Oct-2025 10:01) Posted:
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Why up so fast any good news??
closing the gap towards 930. next will be $1 
Likely to test 85cents soon.
beng1102 ( Date: 12-Sep-2025 10:57) Posted:
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Look like good result coming , price starting to uptrend..
rayokc ( Date: 26-Sep-2025 14:46) Posted:
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6 series coming soon...
better run fast.....
Strong RMY is bad for the bottom line
Boss Wong said 2nd Half result improved , if I am not wrong
eddyeddy ( Date: 24-Sep-2025 10:10) Posted:
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RMY also very strong lately
Yes, looking bad, selling since yesterday
Insiders know 2 q result very bad , are selling now .
Seems to have some buying interest in the afternoon ...