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Tks for sharing
Good write up
Good write up
| Newbie85 ( Date: 19-Jun-2025 17:40) Posted: |
Rare to see someone covering riverstone.
a good read.
especially the conclusion.
a good read.
especially the conclusion.
consolidation .... usually takes quite a while to brew
Juz be patient
D2 for those high volume last wk and apparently
being well absorbed or picked up
Bullish sign
D2 for those high volume last wk and apparently
being well absorbed or picked up
Bullish sign
Added some @0.68. should be bottom of the bottom .
Hold on Yr positions and wait for
capital gains + dividends
Mr Wong purchase fm open mkt
signals share price undervalued.
There won't be any M&A but bankers
did approach Boss Wong for dual
listing .
If RS being selected as one of the
beneficiary for the $5bil injection fund,
that equally wl give a boost too
Cheers
capital gains + dividends
Mr Wong purchase fm open mkt
signals share price undervalued.
There won't be any M&A but bankers
did approach Boss Wong for dual
listing .
If RS being selected as one of the
beneficiary for the $5bil injection fund,
that equally wl give a boost too
Cheers
Chansenghoe1971 ( Date: 17-Jun-2025 08:24) Posted:
|
Agree with u bro.
I am still holding slightly less than 500 lots
This year maybe underwhelming for them (by their standards) due to gas and energy or usd.
They are in a business when Covid strikes they thrive, without Covid they also thrive cos clean room sector back to robust. RS cannot be bad.
The issue it their IR. They need to get foreign funds in the league of Rex type.
Trading liquidity can be better and must be better. Else must well delist cos RS is a gem 💎 that worth gemlike treatment.
I am still holding slightly less than 500 lots
This year maybe underwhelming for them (by their standards) due to gas and energy or usd.
They are in a business when Covid strikes they thrive, without Covid they also thrive cos clean room sector back to robust. RS cannot be bad.
The issue it their IR. They need to get foreign funds in the league of Rex type.
Trading liquidity can be better and must be better. Else must well delist cos RS is a gem 💎 that worth gemlike treatment.
msksmsks ( Date: 17-Jun-2025 07:45) Posted:
|
With or without Covid, RS biz thrives and making money
all these years . Numbers don lie and we can see it
fm past few years results after covid
RS resilient biz model enable them to generate
FCF every quarter and ushering generous
dividends.
Boss Wong knows it well. Follow him
The recent weakness in share prices due to Midddle East
conflict offer opportunity to buy at lower level . Price wl
go abv 70 again as there' s no direct impact for RS and
they are selling FOB even with the US tarfiffs
Last wk, UOBKH called for trading buy with TP $0.80
RS maybe one of the potential beneficiary fm the $5Bil injection
fund by our gov as suggested by MaybankKE
PDYDD and happy investing
all these years . Numbers don lie and we can see it
fm past few years results after covid
RS resilient biz model enable them to generate
FCF every quarter and ushering generous
dividends.
Boss Wong knows it well. Follow him
The recent weakness in share prices due to Midddle East
conflict offer opportunity to buy at lower level . Price wl
go abv 70 again as there' s no direct impact for RS and
they are selling FOB even with the US tarfiffs
Last wk, UOBKH called for trading buy with TP $0.80
RS maybe one of the potential beneficiary fm the $5Bil injection
fund by our gov as suggested by MaybankKE
PDYDD and happy investing
tritonyeah666 ( Date: 16-Jun-2025 22:09) Posted:
|
Don' t think COVID will ever go back.... just continuing to evolve in various forms.
tritonyeah666 ( Date: 16-Jun-2025 22:09) Posted:
|
covid cases subsiding..back to 0.60 series?
I got watch the livestream yesterday. He talk a number of issue which i think RS is in good hand.
Things that he cannot control is the demand and weakening of US price currency.
Things that he cannot control is the demand and weakening of US price currency.
msksmsks ( Date: 13-Jun-2025 15:56) Posted:
|
One unknown secret that Boss Wong mentioned
during the conference call arranged by L&T yesterday
Chinese glove makers are running negative
margin and maynot be sustainable. With
the Tariffs, some are forced to relocate.
RS wl reinforce themselves with higher grade
of cleanroom gloves for next expansion plan
with higher margin and even higher entry barrier
All still good
Cheers
during the conference call arranged by L&T yesterday
Chinese glove makers are running negative
margin and maynot be sustainable. With
the Tariffs, some are forced to relocate.
RS wl reinforce themselves with higher grade
of cleanroom gloves for next expansion plan
with higher margin and even higher entry barrier
All still good
Cheers
China manufacturing are famous for cutting corners in order to decrease costs.
I think as long Malaysia Glove manufacturer offer competitive price without affecting the glove quality, dun think need to scare of China too much.
I think as long Malaysia Glove manufacturer offer competitive price without affecting the glove quality, dun think need to scare of China too much.
Maybank published a sector report today -
Malaysia Gloves Sector
Oversupply risks mount
Tougher road ahead
With China players increasingly deploying overseas capacity to penetrate the US market more effectively, the competitive landscape is turning more aggressive, especially after 2025. In our view, a price war is highly likely shaping up an over-supplied gloves market. Separately, we believe upcoming results could be weak mainly due to weakening USD currency vs MYR. We reiterate our NEGATIVE stance on the Malaysia glove sector and maintain SELLs on HART, KRI and TOPG.
New capacity coming onstream sooner than expected
Latest industry sources suggest that competition in the glove sector is set to intensify further, with new capacity from a major China glove maker, expected to come online by end-2025. We understand that the China glove maker has started marketing to US customers, offering upcoming capacity from its overseas plants in Vietnam and Indonesia at ASPs of USD16&ndash 17/k pcs (vs. Malaysia glove makers&rsquo current ASP of USD18&ndash 19/k pcs), with deliveries starting from Nov 2025 onwards. Additionally, the company&rsquo s Indonesia plant is likely to be operational by end-2025 or early 2026, which is earlier than our initial expectation of 2H26.
Negative bias reinforced
While this may be part of the China glove maker&rsquo s marketing strategy, pricing could still adjust based on demand, tariffs and counter-moves by Malaysia glove makers. The latest news nonetheless reaffirms our NEGATIVE stance on the sector. Competition is clearly intensifying, with more capacity from China (targeting non-US markets) and its overseas plants (focusing on the US market). Although the actual supply/supply timeline from these overseas plants remain uncertain, any meaningful ramp-up will likely exert pressure on pricing and margins. A price war appears increasingly likely, in our view.
An upside risk amid structural headwinds
That said, a key upside risk to our call would be a shift in US trade policy particularly if the Trump administration finalises higher tariffs on gloves from Vietnam, Indonesia and Thailand while maintaining lower tariffs for Malaysia. Such a move would restore Malaysia&rsquo s cost competitiveness in the US market and partially offset the structural headwinds facing the sector. Nonetheless, until policy clarity emerges, we maintain our NEGATIVE stance on the Malaysia glove sector. No change to our earnings forecasts and SELL ratings for HART, KRI, and TOPG.
Malaysia Gloves Sector
Oversupply risks mount
Tougher road ahead
With China players increasingly deploying overseas capacity to penetrate the US market more effectively, the competitive landscape is turning more aggressive, especially after 2025. In our view, a price war is highly likely shaping up an over-supplied gloves market. Separately, we believe upcoming results could be weak mainly due to weakening USD currency vs MYR. We reiterate our NEGATIVE stance on the Malaysia glove sector and maintain SELLs on HART, KRI and TOPG.
New capacity coming onstream sooner than expected
Latest industry sources suggest that competition in the glove sector is set to intensify further, with new capacity from a major China glove maker, expected to come online by end-2025. We understand that the China glove maker has started marketing to US customers, offering upcoming capacity from its overseas plants in Vietnam and Indonesia at ASPs of USD16&ndash 17/k pcs (vs. Malaysia glove makers&rsquo current ASP of USD18&ndash 19/k pcs), with deliveries starting from Nov 2025 onwards. Additionally, the company&rsquo s Indonesia plant is likely to be operational by end-2025 or early 2026, which is earlier than our initial expectation of 2H26.
Negative bias reinforced
While this may be part of the China glove maker&rsquo s marketing strategy, pricing could still adjust based on demand, tariffs and counter-moves by Malaysia glove makers. The latest news nonetheless reaffirms our NEGATIVE stance on the sector. Competition is clearly intensifying, with more capacity from China (targeting non-US markets) and its overseas plants (focusing on the US market). Although the actual supply/supply timeline from these overseas plants remain uncertain, any meaningful ramp-up will likely exert pressure on pricing and margins. A price war appears increasingly likely, in our view.
An upside risk amid structural headwinds
That said, a key upside risk to our call would be a shift in US trade policy particularly if the Trump administration finalises higher tariffs on gloves from Vietnam, Indonesia and Thailand while maintaining lower tariffs for Malaysia. Such a move would restore Malaysia&rsquo s cost competitiveness in the US market and partially offset the structural headwinds facing the sector. Nonetheless, until policy clarity emerges, we maintain our NEGATIVE stance on the Malaysia glove sector. No change to our earnings forecasts and SELL ratings for HART, KRI, and TOPG.
Strong sell
Just STRONG BUY futher data show open short continue to come down since May 23. The daily short selling also come down below the average.
RIVERSTONE HOLDINGS LIMITED 20250509 16,583,727
RIVERSTONE HOLDINGS LIMITED 20250516 20,957,128
RIVERSTONE HOLDINGS LIMITED 20250523 26,623,928
RIVERSTONE HOLDINGS LIMITED 20250530 25,247,128
RIVERSTONE HOLDINGS LIMITED 20250606 24,898,128
beng1102 ( Date: 13-Jun-2025 09:50) Posted:
|
USD/MYR - US Dollar Malaysian Ringgit is still higher than Sep 2024.
Luckygal ( Date: 12-Jun-2025 16:40) Posted:
|
They hv a hedging mechanism to
mitigate this issue
mitigate this issue
Coming quarter results may not be good. Their revenue is impacted by the decreasing USD.
PDYODD
PDYODD