Riverstone    Last:0.89    -0.005

RIVERSTONE HOLDINGS LIMITED

Somehow I' m a bit wary abt the way the px of some coys majority-owned by our neighbours run up.  Remember ABL, then SA .... n  now CFG .....?  What' s next, I wonder?  No harm trading with care.  Why keep chasing when px has skyrocketed so much n (in my view) perhaps beyond what fundamentals justify?  There are so many other sound coys to consider.  Be careful. 

 

Due to exchange rate

https://finance.yahoo.com/echarts?s=USDMYR%3DX+Interactive#{%22allowChartStacking%22:true}

 

Seems like running up again? Resilience and amazing!

 

Think this stock will resume its running course again after all the dust is settled. Sort of quite resilience, unbelievable?

 

Very expensive stock to hold. Never be greedy.

Greatman      ( Date: 25-Nov-2015 12:01) Posted: Hmmm.... blood start to shed?

 

Hmmm.... blood start to shed?

 

In months to come, big players will short first, then ask their analyst issue " Hold" call due to falling ringgit and shrinking data.

Followed by " Sell" call when they want to cover nett shorts

 

Borrowed max amt of remaining available riverstone scrips... Like every other fairy tales, it has to come to and end......

 

Happy to be holding it since 70cents! Not letting go anytime soon.=)

 

bookmarked first :)

 

Any update for this stock? New here

 

correcto ..... easier for those with small flaot and business is profitable to be pushed up ..so look for those in similar line as Riverstone with small float having business expansion plans and already profitable... 

n3wbie      ( Date: 27-Jun-2015 23:21) Posted: any counter with low public float is always dangerous to short in my humble opinion although the rally recently has been quite unprecedented..  Lionel84      ( Date: 26-Jun-2015 13:25) Posted: looking at the chart, very attractive for shorting the climb curve is way too steep

 

any counter with low public float is always dangerous to short in my humble opinion although the rally recently has been quite unprecedented.. 

Lionel84      ( Date: 26-Jun-2015 13:25) Posted: looking at the chart, very attractive for shorting the climb curve is way too steep

 

selling my 300,000++ shares from 1.20 all the way to now. Almost done.   average return is close to 300%.   Thanks Riverstone but i not miss you.  

AAwang      ( Date: 23-May-2014 11:46) Posted: Riverstone pays a higer dividend rate and it has no debt at all. I am comfortable to hold it longer.  If everything does not change significantly to affect its business, I will hold it to at least to $1.05 based on the valuation of average PE 16, which is about the same as its peers. Additionally, i haven' t factored in the case that Riverstone' s production will increase significantly by the end of the year, though i do acknowledge there is a fierce competition in this industry. Riverstone has has made more niches. Huat ah!!                                               sunview      ( Date: 23-May-2014 11:28) Posted: AAwang, congratulation for holding on to your Riverstone. But are you tempted to sell now at $0.90, the target price set by CIMB ? But just for your info, UOB-KH has initiated a BUY call today with a target price of $1.14.

 

i am selling little by little on the way up. Sell also heart pain LoL has been keeping it for so long.   Today' s a DOJI formed.

 

This one too high..not much meat left... got other players.... cheaper and coy profitably growing....good to vest for long there..

 

looking at the chart, very attractive for shorting

the climb curve is way too steep

 

riverstone seems to defy any forms of TA, RSI is way overbought but the breakout continues. there was a sector report by DBSV across the glove manufacturers in Malaysia that mentions that they are expected to benefit from the appreciating USD against MYR.

the concern on MERS is also another positive thing for the healthcare gloves manufacturers though previous experience on the ebola outbreak suggests that such disease outbreaks have minimal impact on glove manufacturers.

 

Shhhhhhhh!!!! Not so loud.   ~~

 

BREAKOUT!!!