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3501-3520 of 3892
load up now EU and US looks bad
no I have not forgotten about China, it is a potential " black swan" type trigger event we could see repeat of Japan in 1990s big stock and property asset bubble crash. I always say China will become Japan 2.0. However there are those that say Evergrande and friends are only a small part of the whole china property sector and if gov step in at some point there will be a rescue as that sector cannot be allowed to fail completely, whole country economic prosperity is predicated on a bouyant property sector. Their transition to a consumer based economy has only just started and wont be able to carry them through if property fails.
cash is king actually means companies with high postive cash flows like RS is king :D Famous Big Boy Ray Dalio actually says CASH IS TRASH lol :D
In any case, with all the dividends coming in and some profit taking this year, have a bit too much cash now need to allocate a bit and RS is a nice candidate this december. Another one I am slowly collecting is Rex. Good oil play and now getting cash rich with their new oil wells producing well.
cash is king actually means companies with high postive cash flows like RS is king :D Famous Big Boy Ray Dalio actually says CASH IS TRASH lol :D
In any case, with all the dividends coming in and some profit taking this year, have a bit too much cash now need to allocate a bit and RS is a nice candidate this december. Another one I am slowly collecting is Rex. Good oil play and now getting cash rich with their new oil wells producing well.
tiancai007 ( Date: 24-Dec-2021 10:01) Posted:
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Overall in term of company performance, Riverstone been doing quite good and forward looking it is more sustainable earning compare to other "glove" stocks due to it foresight in expanding their Cleanroom production rather like the rest of the glove companies been blinded by the spectacular profit during start of pandemic.
I look back to the past company result n compare, RS growth in revenue n profit was lower than other PPE companies.
I translated that as glove manufacturer like top glove they focus on aggressively expanding their healthcare glove production capacity thus the quicker growth when the asp higher but the cons as everyone knows is that the drastic drop in healthcare glove asp impact significantly on top glove earning.
On the other hand, RS focus in cleanroom glove expansion which require higher capex to do so. End of the day from the latest result can see that it turn out well and a correct decision made by the management. ASP for CR product stay high contribute to higher profit margin eventhough revenue did drop.
Above is my take on the fundamental n it does look healthy. And it dividend policy good too as they reward their shareholders handsomely when company do well. 2021 will be their best year and I believe the full year dividend will be very good. From current price, above 10% yield is very possible. Will attract bargain hunter.
Technical wise, as it current price reach near pre pandemic price, excuse from BB become limited IMHO. Risk of heavy manipulation of sell down become lower.
To sum up, if BB want to push for a brand new year profile, RS look good as a candidate. Whether it will happen we can only cross our finger.
Have a jolly festive day everyone.
I look back to the past company result n compare, RS growth in revenue n profit was lower than other PPE companies.
I translated that as glove manufacturer like top glove they focus on aggressively expanding their healthcare glove production capacity thus the quicker growth when the asp higher but the cons as everyone knows is that the drastic drop in healthcare glove asp impact significantly on top glove earning.
On the other hand, RS focus in cleanroom glove expansion which require higher capex to do so. End of the day from the latest result can see that it turn out well and a correct decision made by the management. ASP for CR product stay high contribute to higher profit margin eventhough revenue did drop.
Above is my take on the fundamental n it does look healthy. And it dividend policy good too as they reward their shareholders handsomely when company do well. 2021 will be their best year and I believe the full year dividend will be very good. From current price, above 10% yield is very possible. Will attract bargain hunter.
Technical wise, as it current price reach near pre pandemic price, excuse from BB become limited IMHO. Risk of heavy manipulation of sell down become lower.
To sum up, if BB want to push for a brand new year profile, RS look good as a candidate. Whether it will happen we can only cross our finger.
Have a jolly festive day everyone.
Yes, many gloves companies holding lots of cash. Hope they can capitalise on opportunities presented next year.
Looking fwd to good dividend from RS too.
Here wishing all a Joyful and Blessed Christmas!!
tiancai007 ( Date: 24-Dec-2021 10:01) Posted:
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Good thoughts and well written.
But i think u forgotten about the China Evergrande issue and likewise the over-borrowed property sector. Getting more and more like or reminisce of the asian lehman brothers, esp the bonds prices of the mega-big property developers. Collapse of one of these will likely trigger another Great Recession.
Cash is king. Keep cash or top up your CPF (2.5% interest guaranteed) . Watch out for next year. I believe it will be bad, My one cent thoughts only.
But i think u forgotten about the China Evergrande issue and likewise the over-borrowed property sector. Getting more and more like or reminisce of the asian lehman brothers, esp the bonds prices of the mega-big property developers. Collapse of one of these will likely trigger another Great Recession.
Cash is king. Keep cash or top up your CPF (2.5% interest guaranteed) . Watch out for next year. I believe it will be bad, My one cent thoughts only.
bluekelah ( Date: 23-Dec-2021 12:36) Posted:
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Morning folks,
Wishing everyone a Merry Christmas and a Happy New Year
Cheers
Wishing everyone a Merry Christmas and a Happy New Year
Cheers
Let us hope for the best. These few days I guess tradings in the market will be thin due to the festive period. Merry X' mas everyone !
marco69 ( Date: 23-Dec-2021 18:03) Posted:
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While you think that it is going to be a bear market in 2022, I hold a different perspective.
From the analysts that I have spoken or reports read, it won' t be a bear market. We would expect volatitlities though.
Buy good quality stocks when they go down. Just looked at the explosive rally of DBS from $17 to $32 within a year. Many millionaries are born.
Remember to nail those solid companies when they are sold off due to fear.
From the analysts that I have spoken or reports read, it won' t be a bear market. We would expect volatitlities though.
Buy good quality stocks when they go down. Just looked at the explosive rally of DBS from $17 to $32 within a year. Many millionaries are born.
Remember to nail those solid companies when they are sold off due to fear.
bluekelah ( Date: 23-Dec-2021 12:36) Posted:
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Seen like volume for the pass few day become lower for this stock.
Same like previous year I notice the same pattern. Book closure for funds before new year?
If any rally on this stock will be after new year I assume.
Right after new year 2021, the share price keep going n hit 1.59 if I remember correctly.
Same like previous year I notice the same pattern. Book closure for funds before new year?
If any rally on this stock will be after new year I assume.
Right after new year 2021, the share price keep going n hit 1.59 if I remember correctly.
Yup theres many reasons insiders sell stocks, BUT only ONE reason why they start buying in )
Longtermer ( Date: 23-Dec-2021 14:27) Posted:
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JOHANNESBURG - With just two days until Christmas there' s been a significant rise in daily COVID-19 casualties.
According to the Health Department, 99 more people have died in South Africa after contracting the virus.
These latest fatalities recorded over the past 24 hour cycle take the country' s known death toll to 90,587.
Over that same time frame more than 21,000 tests also came back positive - this means our positivity rate is once again up to 30.6%.
On the vaccine front - 27.7 million jabs have been administered here on home soil - but many people still need to go and get their second Pfizer shots.
A booster dose is available for adults six months after they received the second dose.
Australian states reinstate Covid-19 curbs, mask mandates as Omicron cases jump
https://www.straitstimes.com/asia/australianz/covid-19-testing-rules-spark-christmas-travel-chaos-in-australia-as-cases-hit-records
He is buying because he know his shares are at lelong price..
Boss owns 51% of RS or about 756m shares.
At the estimated 10c dividend coming soon, he will pocket 75.6m.
He can buy a lot more.
Boss owns 51% of RS or about 756m shares.
At the estimated 10c dividend coming soon, he will pocket 75.6m.
He can buy a lot more.
Midtermer ( Date: 23-Dec-2021 09:47) Posted:
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Tapering means markets down, interest rate rise mean market big dip unless economy happens to be booming.
Sure Biden wanna keep markets up, but when inflation is rampant, voters will feel the inflation pinch which is very very bad for getting reelected. They will try to pump markets in 2024, but now i think Powell' s last term is secure he may do what he wants. So i think first half 2022 will be very bearish as tapering is accelerated, they probably think the trillions infrastucture spending will prop up markets but thats very different to Covid payouts, it will go into the big construction firms and take time to filter into the economy over a few years as the project take time to build.
Honestly i dont think FED can even manage interest rate hikes after Q1 as there will be taper tantrum for sure. Then its back to negative rates and more QE to " rescue" markets.
But if inflation goes to 10% or more on the normal inflation indexes then FED has no choice, they have to do at least 10% to match inflation and clamp it down, they are already behind the curve. Its going 5-6percent now and in real economy already 13-14%. Otherwise at 10%+ inflation there will be riots happening even before next election not to mention USD collapse.
Sure Biden wanna keep markets up, but when inflation is rampant, voters will feel the inflation pinch which is very very bad for getting reelected. They will try to pump markets in 2024, but now i think Powell' s last term is secure he may do what he wants. So i think first half 2022 will be very bearish as tapering is accelerated, they probably think the trillions infrastucture spending will prop up markets but thats very different to Covid payouts, it will go into the big construction firms and take time to filter into the economy over a few years as the project take time to build.
Honestly i dont think FED can even manage interest rate hikes after Q1 as there will be taper tantrum for sure. Then its back to negative rates and more QE to " rescue" markets.
But if inflation goes to 10% or more on the normal inflation indexes then FED has no choice, they have to do at least 10% to match inflation and clamp it down, they are already behind the curve. Its going 5-6percent now and in real economy already 13-14%. Otherwise at 10%+ inflation there will be riots happening even before next election not to mention USD collapse.
TA_Expert ( Date: 23-Dec-2021 00:06) Posted:
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Yes I picked up some too yesterday. Will reserve some bullets should the price come off ...
ICYMI, boss Wong added another 300 lots yesterday. 2.4M shares this round and counting. Cheers.
Totally agree with TA_Expert. its unfortunate but its true, the partisanship divide in the US is toxic and both upper (Senate) and lower (House) are voting by color not by merit. Those exceptions you saw in the infrastructure vote, are but exceptions and I can' t say without political motivations. Thats why I find it exceedingly funny when Biden organized the Summit for Democracy, its really a joke. Why? if it is up to the population vote, US would have introduce gun-control law federally, Trump wouldn' t have won the election in the first place, etc.
TA_Expert ( Date: 23-Dec-2021 00:06) Posted:
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This tapering is different from the past.
In the past, the Fed was more independent in decision making. But now is no longer true. The whole congress is controlled by the blues, and Biden will not allow the US market to collapse because of tapering. He has to sell the narratives till 2024.
In the past, the Fed was more independent in decision making. But now is no longer true. The whole congress is controlled by the blues, and Biden will not allow the US market to collapse because of tapering. He has to sell the narratives till 2024.
bluekelah ( Date: 22-Dec-2021 23:00) Posted:
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US market will slowly sell off with some buyers coming in to buy the dips. Dont forget fed is tapering, everytime they taper QE 1or 2 or 3, stocks go down. Stocks been losing steam since tapering started in Mid-Nov, this will accelerate after new year as traders come back and realise liquidity is drying up.
Clap for boss who buy again today, looks like the title of this thread is coming true. He may make a GO soon
Clap for boss who buy again today, looks like the title of this thread is coming true. He may make a GO soon
TA_Expert ( Date: 22-Dec-2021 00:59) Posted:
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Cycle repeats itself.
BBs now push medical stocks and sell other industry stocks when such news came out.
Once Omicron is over, they will sell medical stocks and buy other industry stocks.
BBs now push medical stocks and sell other industry stocks when such news came out.
Once Omicron is over, they will sell medical stocks and buy other industry stocks.