Chairman knew his Co. machines are running non stop producing as much as it could to meet soaring demand. His machineries are like money printers now. Afterall Malaysia is production 65% of world gloves.
n3wbie ( Date: 01-Apr-2020 00:14) Posted:
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Although only 20k shares but still a good signal of where the Chairman believes is fair value for the company. Very good share price recovery from a low of ~70c to almost $1
Sunrahelios ( Date: 31-Mar-2020 21:47) Posted:
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another consecutive day of share acquisitions by CEO! @ a high 0.98 cents per share
looking at the situation in the US, cases are on the increase rapidly. Hospitals are overwhelmed, where field hospitals are set up in the middle of no where. Without more major states coordinated lock down, dont think the peak will reach anytime soon. will foresee sustained shortage for medical PPEs at least for a month or two
Finally, some action!!!
Best vote of confidence to investors and shareholders is when the boss of the company puts money where his mouth is
Sunrahelios ( Date: 30-Mar-2020 18:39) Posted:
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more recent disclosures over shares acquisitions by Mr Wong, signalling confidence with his available info, analyst bullish view on this counter, great at least mid term investment prospect!
Got quite a fair bit to catch up relative to how the peers had traded since COVID-19 outbreak
Sgvale ( Date: 30-Mar-2020 10:31) Posted:
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Business running like never before. In equate, share price by right reach never before high ma.
Sgvale ( Date: 30-Mar-2020 10:29) Posted:
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It's reported. Riverstone is automation readied months back & is said to producing as many as it could handle. Wow..... that means business very power !!!
Riverstone sees demand surge for healthcare gloves amid virus outbreak
MON, MAR 30, 2020 - 5:50 AM
Aside from boosting production capacity, it has been reducing its reliance on labour in the last few years by adopting automation.
GLOVEMAKER Riverstone Holdings has seen a surge in orders as the Covid-19 outbreak creates increased demand for healthcare gloves.
The Malaysia-headquartered company is now producing as many as it can in a race to meet global shortages.
" We are seeing such a large surge in demand...
https://www.businesstimes.com.sg/companies-markets/riverstone-sees-demand-surge-for-healthcare-gloves-amid-virus-outbreak
I will wait for your kind words when your Riverstone offer price of $1.50 really takes place. I only have one intention here, even if being insulted, to show the fraud side of some people. I don't deny the stock is good dividend stocks, but having post news of an offer @$1.50 at a time when speculation buying occurs, it only shows the intention of some evil people trying to sell out high. Come ... Insult me further. Too bad, it's not even $1.10 yet. Not to say $1.50. Lol ... Fraud.
Sgvale ( Date: 12-Feb-2020 18:13) Posted:
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U being insulted not enough in another Riverstone thread is it? No brian
SgTrader17 ( Date: 12-Feb-2020 15:49) Posted:
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When will results be announced?
No lah ... It's $1.50. you mentioned there's a offer @$1.50. Still at 45 cents discount to that price. Fast fast buy before the news come. Lol (what a fraud).
Sgvale ( Date: 07-Feb-2020 18:06) Posted:
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Considering people Q to buy sanitiser in Woodlands & buy masks in Mustafa, people are in fear preparing expecting worse.
can start engine soon ??
 
 
1 word :solid!
Till it result announcement, maybe can see $1.30 again or higher
Wow...moving up today..like recovering fast.
Cheers.
Not vested.
 
Cheers.
Not vested.