dropping already . careful guys
difference is RS not listed in KSLE (no reference point to investors sentiment), capacity is also much lower 10 bn than biggest players in malaysia (average 35 bn). TG 60-70 bn.
current supply < demand situation, capacity wins, (spot orders and asp increases), US protest will sustain demand for 2nd outbreak, so big brother glove companies wins.
though historical results and recent results RS is good in profitability, capacity limitation still is the key.
 
current supply < demand situation, capacity wins, (spot orders and asp increases), US protest will sustain demand for 2nd outbreak, so big brother glove companies wins.
though historical results and recent results RS is good in profitability, capacity limitation still is the key.
 
stlimst ( Date: 04-Jun-2020 23:07) Posted:
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why riverstone always like stone? TG fly 5% 10%, riverstone on 1%
dont be a stone, be a shinning stone, become diamond. huat ah
dont be a stone, be a shinning stone, become diamond. huat ah
Huat to all holders
Yes, superb!  Especially for Riverstone.
Reading the SGX Research Report on the 3 glove manufacturers, it is clear that the performance of Riverstone in terms of YoY changes  in Revenue, Profit from Ops, EBITA and Profit after tax is the best among the three.
Coupled with the fact that DBS just upgraded the target price to $3.02,  Riverstone really deserves a upward re-rating.
I am still sticking to my investment in this one.
 
Reading the SGX Research Report on the 3 glove manufacturers, it is clear that the performance of Riverstone in terms of YoY changes  in Revenue, Profit from Ops, EBITA and Profit after tax is the best among the three.
Coupled with the fact that DBS just upgraded the target price to $3.02,  Riverstone really deserves a upward re-rating.
I am still sticking to my investment in this one.
 
hokpin ( Date: 04-Jun-2020 18:01) Posted:
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Superb. Swee Swee!
| tiopehbio ( Date: 04-Jun-2020 17:51) Posted: |
Good sign and nice rebound today:)
it seems that riverstone has quite some funds backing it up. 
The 3est is yet to be.
https://www.malaymail.com/news/money/2020/06/04/top-supplier-malaysia-sees-no-quick-end-to-shortages-in-us8b-gloves-industr/1872413
https://www.malaymail.com/news/money/2020/06/04/top-supplier-malaysia-sees-no-quick-end-to-shortages-in-us8b-gloves-industr/1872413
lol bro, dividends for these stocks are peanuts. 
TG will carry all glove counters upwards on the 11th.
Just hope the brokers and banks dun chu margin stunt again
The Best is yet to be.
TG will carry all glove counters upwards on the 11th.
Just hope the brokers and banks dun chu margin stunt again
The Best is yet to be.
Flowing upwards fast!!!
can collect more until 9 jun. XD date. should creep up slowly.
Agree. Let' s ready for next bull run.
ghetto ( Date: 04-Jun-2020 09:24) Posted:
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Previous throwdown was for some to collect at low px. With AGM over good and positive outlook, now it is ready to go all the way.
Believe down wave should be more or less done. wait for support and will begin w1
Congrats to believers...i sold half my holding...take some profits first😎
Company is doing very well during this time, time for River to flow back upstream
Fly fly fly up to the sky💪 💪 💪
3...means $3😜 😜 😜
JY0064 ( Date: 03-Jun-2020 18:15) Posted:
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