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3641-3660 of 3892
Not a TA expert but for me the resistance at 830 is key as it will signal a higher high in the short term. The push up needs to be supported by positive action / announcements else it will fade away quickly again imo. The Omicron news is mixed and difficult to assess its impact on PPE counters for now. News coming from UK is definitely quite worrying for now. Dyodd. I also think Mr Wong buying could be a sign of EPF selling done. Just a guess.
bluekelah ( Date: 14-Dec-2021 11:24) Posted:
hi guys i picked up 15 lots at $1.20 previously (thinking it was a low) then another 10lots at 63c last week.
I am long this stock and trying to do a bit of TA at the moment to time my accumulation.
At what price would you consider the rebound to be confirmed technically? (i am thinking if it rebounds above the last level at around 77cent and goes past 200MA?)
Certainly fundamentally the news about Omicron spread in UK and Europe/USA plus stabilisation of glove prices (as per TopGlove) looks to be pretty bullish. Plus re ramping of their factories in malaysia post covid vaccines. Boss buying in is a plus too as it could signal he knows EPF board is done with their selling?
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hi guys i picked up 15 lots at $1.20 previously (thinking it was a low) then another 10lots at 63c last week.
I am long this stock and trying to do a bit of TA at the moment to time my accumulation.
At what price would you consider the rebound to be confirmed technically? (i am thinking if it rebounds above the last level at around 77cent and goes past 200MA?)
Certainly fundamentally the news about Omicron spread in UK and Europe/USA plus stabilisation of glove prices (as per TopGlove) looks to be pretty bullish. Plus re ramping of their factories in malaysia post covid vaccines. Boss buying in is a plus too as it could signal he knows EPF board is done with their selling?
Maybe another 300 lots from Mr Wong at closing today? Let's see if it continues to close near day high. Cheers.
You sold off 0.635 ? Can short now?
Sgvale ( Date: 14-Dec-2021 08:53) Posted:
| Normalisation Price level |
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Now TG and RS same price ! 2 weeks ago TG at one point higher more than 20cts !
Any Riverstone experts ? you think it will cross 70 cents ..... same shortists could be the ones pushing it up.
Nice..leveling with TG.
Normalisation Price level
Many good reasons why the boss is buying , i think
1.51 % holdings
2. Confidence booster
3.cheap valuation
4.undervalue
5.omicron
6.xxx
7.xxx
etc.so many more....
vix787 ( Date: 14-Dec-2021 03:08) Posted:
At least the CEO buy guarantee a day 8% rise. That good enough for me. Not enough? Too greedy?
jackjack ( Date: 13-Dec-2021 23:36) Posted:
| Back then there are same saying for top glove, but top glove also sank. Ceo buy doesn't guarantee anythin |
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At least the CEO buy guarantee a day 8% rise. That good enough for me. Not enough? Too greedy?
jackjack ( Date: 13-Dec-2021 23:36) Posted:
Back then there are same saying for top glove, but top glove also sank. Ceo buy doesn't guarantee anything
sutiono ( Date: 13-Dec-2021 20:10) Posted:
| If Mr. Wong doesn't know the intrinsic value, who else knows ? |
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A company with no sufficient cashflow to handle uncertainties, do you have confidence in theirs funds management?
investor999 ( Date: 14-Dec-2021 00:51) Posted:
I think you don't have much to unload.
Sell to the bounce right?
I expect most people are unloading.
JessTrang ( Date: 14-Dec-2021 00:37) Posted:
| I will unload everything once they finish using the cash for shares buyback. 😂 😂 |
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I think you don't have much to unload.
Sell to the bounce right?
I expect most people are unloading.
JessTrang ( Date: 14-Dec-2021 00:37) Posted:
I will unload everything once they finish using the cash for shares buyback. 😂 😂
Longtermer ( Date: 13-Dec-2021 21:54) Posted:
The company has more than $500m cash. If unleash to do buyback at this level, would have tremendous impact to price.
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I will unload everything once they finish using the cash for shares buyback. 😂 😂
Longtermer ( Date: 13-Dec-2021 21:54) Posted:
The company has more than $500m cash. If unleash to do buyback at this level, would have tremendous impact to price.
sutiono ( Date: 13-Dec-2021 20:10) Posted:
| If Mr. Wong doesn't know the intrinsic value, who else knows ? |
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Back then there are same saying for top glove, but top glove also sank. Ceo buy doesn't guarantee anything
sutiono ( Date: 13-Dec-2021 20:10) Posted:
If Mr. Wong doesn't know the intrinsic value, who else knows ?
vix787 ( Date: 13-Dec-2021 19:44) Posted:
Nice. Another batch of buying from Mr. WONG.
At average price 64c. Good support from the boss |
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Will be good if they can use the cash to start diversifying their business. Buyback may be good for short term but doesn't help long term holders much.
Longtermer ( Date: 13-Dec-2021 21:54) Posted:
The company has more than $500m cash. If unleash to do buyback at this level, would have tremendous impact to price.
sutiono ( Date: 13-Dec-2021 20:10) Posted:
| If Mr. Wong doesn't know the intrinsic value, who else knows ? |
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The company has more than $500m cash. If unleash to do buyback at this level, would have tremendous impact to price.
sutiono ( Date: 13-Dec-2021 20:10) Posted:
If Mr. Wong doesn't know the intrinsic value, who else knows ?
vix787 ( Date: 13-Dec-2021 19:44) Posted:
Nice. Another batch of buying from Mr. WONG.
At average price 64c. Good support from the boss |
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Riverstone fundamentals remain solid with a strong management team! Jia Yu Mr Wong Teek Son!
If Mr. Wong doesn't know the intrinsic value, who else knows ?
vix787 ( Date: 13-Dec-2021 19:44) Posted:
Nice. Another batch of buying from Mr. WONG.
At average price 64c. Good support from the boss |
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Nice. Another batch of buying from Mr. WONG.
At average price 64c. Good support from the boss
Special thanks to Mr Wong for buying another 300 lots. Shortists be wary. Cheers.
Midtermer ( Date: 13-Dec-2021 16:16) Posted:
| See if Mr Wong bought today. Will be even better if he buys near closing. Cheers. |
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