Riverstone    Last:0.885   -

Riverstone go go go!

RS is recovering.  Short seller is better shorting other counters such as SEMBCORP IND as is now down more than 12% and SEMI Conductor sector is under heavy attack. 

kt3152      ( Date: 08-Aug-2025 09:44) Posted: Bought some 68....

 

Bought some 68....

 

SHORTISTS win BIG today 😮

 

Haha.. be steady. Traders in out short term. Look at 6 months down the road. Cheers.

 

So sell n run fast if cannot keep long term 😢 😢

 

Mentioned yesterday the rapid rise 
is suspicious.  Pbbly wl lead to P& D 
if result disappoint

1Q result disappointed and lead the price
free fall fm 92 to 63 

2Q result even worse with declining profit &  
dividend.  Wl the fall this time be more
serious ?   

I don hv an answer but knowing the selling
wl get intensified .

Boss Wong may come in to buy.....opined not 
at current lvl 

Good luck folks 

msksmsks      ( Date: 07-Aug-2025 19:49) Posted: Worse than 1Q. Though profitable albeit declining profit and lower dividend....opined there wl be some disappointment which wl pbbly lead to some selling. Doubt mkt priced in such result/disappointment Let mkt decide. Roller coaster ride

 

Market is punishing both Rs
Rex and Riverstone

 

There is a huge global boom for Ai industries n data centres everywhere.. Wong surely capitalise on this mkt. .. expect stronger contributions from the cleanroom glove segment in 2HFY25, underpinned by increasing demand from data centres and AI-related industries. With growing requirements for data storage, we remain confident in our industry-leading capabilities to deliver products that meet our customers evolving needs. Huat!

 

Sorry
Nav is $0.29
I have a premium already.

KenMcGormick      ( Date: 08-Aug-2025 08:34) Posted: i dont understand why people look at NAV and not cashflow. Is the management planning to tear apart the company and liquidate everything tomorrow? Chansenghoe1971      ( Date: 08-Aug-2025 08:29) Posted: Market is about sentiment Nav 0.50 and below? So?

 

i dont understand why people look at NAV and not cashflow.

Is the management planning to tear apart the company and liquidate everything tomorrow?

Chansenghoe1971      ( Date: 08-Aug-2025 08:29) Posted: Market is about sentiment Nav 0.50 and below? So?

 

Market is about sentiment
Nav 0.50 and below?
So?

 

I agree with you. If not, the price will drop until the current price. Good counter long term

ETHunter      ( Date: 08-Aug-2025 08:23) Posted: Market expected worse when looking at Malaysian gloves co like Hartalega results? Actually Wong manage very well to maintain sales revenue despite lower USD currency exc. Could have been 8% more and the top n bottom line numbers would be different. H2 will be lot better based on outlook. Dyodd.

 

Market expected worse when looking at Malaysian gloves co like Hartalega results? Actually Wong manage very well to maintain sales revenue despite lower USD currency exc. Could have been 8% more and the top n bottom line numbers would be different. H2 will be lot better based on outlook. Dyodd.

 

Has market factored in this set of below expectation result ? We shall know tomorrow .

 

Price needs correction

 

Below expectation .

 

1FY25  Net profit of RM101.8 is decent. Still the most profitable glove company in SGX and Bursa.
Hopefully, with a better outlook for 2HFY25, the share price will appreciate over time.

beng1102      ( Date: 07-Aug-2025 19:38) Posted: Message from Mr Wong looks bullish going forward.  " Executive Chairman and CEO, Mr. Wong Teek Son commented, &ldquo We believe that market conditions are improving as we look ahead to 2HFY25. On the one hand, demand for generic healthcare gloves remains stable despite intensifying market competition. As a volume driven business, this segment is expected to help offset higher depreciation costs associated with the commissioning of new production facilities. On the other hand, we expect stronger contributions from the cleanroom glove segment in 2HFY25, underpinned by increasing demand from data centres and AI-related industries. With growing requirements for data storage, we remain confident in our industry-leading capabilities to deliver products that meet our customers&rsquo evolving needs. " KenMcGormick      ( Date: 07-Aug-2025 19:34) Posted: Whoa, really bad results affected by falling USD. Waiting to collect more at 61cents.

 

Only thing is whether is it worth the current 72cents?

Short-term wise there's probably macro headwinds created by an unstable USD and a strong MYR. Long-term wise I believe the industries they are serving in Malaysia is constantly growing under Anwar which is good.

Anyway, if it really go to 61cents, I'll probably double my holdings.

 

Worse than 1Q.

Though profitable albeit declining profit
and lower dividend....opined there wl be
some disappointment which wl pbbly
lead to some selling.

Doubt mkt priced in such result/disappointment

Let mkt decide.

Roller coaster ride

 

If sell down to $0.60, time for me to accumulate more at this price range