Latest Forum Topics /
Riverstone
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Dec 21, 2012. Isit a new era ?
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n3wbie
Elite |
12-Feb-2016 12:26
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any thoughts about this counter? seems to have retreated quite a fair bit from its peak, strong fundamentals and good growth from the increase in production capacity. company has no debt, margin of safety play? |
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jpower2015
Member |
02-Feb-2016 13:53
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good show! collected from panic sellers yesterday at 99cents |
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n3wbie
Elite |
01-Feb-2016 22:20
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there was an announcement this evening about the bonus shares being listed for trade on Wed, 3 Feb. not sure if the selling pressure will further escalate then...one of the key support levels of $1.05 was breached quite easily, next support is down at $0.90.
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jpower2015
Member |
31-Jan-2016 07:07
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anyone know when that bonus issue will be credited?  Wait for ppl panic selling and want to collect more |
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1oopls
Master |
30-Jan-2016 15:22
Yells: "I love my evil cute cute darling" |
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shortists targeting this counter |
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Ray12888
Veteran |
29-Jan-2016 23:20
Yells: "MoneyInTheChart com / blog" |
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Gone liao. More selling to come.   |
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StarsHav3n
Member |
29-Jan-2016 21:02
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Was never worried about the financial health of the company. Invested for the long term before share split and happy to collect dividends. |
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n3wbie
Elite |
29-Jan-2016 20:38
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don' t think it has anything to do with the bonus shares. all the Malaysian glove manufacturing peers also got hit over the last two days largely due to rebound of Malaysian Ringgit against USD as the glove manufacturers have benefited from the strengthening USD over the last few quarters. guess it is healthy (albeit at a much quicker pace) correction for any company and industry. |
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bishan22
Supreme |
29-Jan-2016 10:43
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This one behave like Silverlake... after bonus issue kenna whacked down...
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jpower2015
Member |
29-Jan-2016 10:09
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bonus issue havent credited into CDP account but the share price already drop like shit  
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StarsHav3n
Member |
27-Jan-2016 02:42
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The shares will be credited on 3rd feb 2016. Share split is a norm for such companies. Their peers in msia are also doing the same.    |
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nkboy9
Member |
26-Jan-2016 13:27
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wonder when will the bonus share credited to our CDP account? from SGX website, ex-date=21Jan. Record date=25 Jan only. Check my CDP acct, but don' t see shares amount double :-( thanks...   |
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Ray12888
Veteran |
21-Jan-2016 19:43
Yells: "MoneyInTheChart com / blog" |
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Bonus issue of 1 for 1 today. Company increasing liquidity for this stock.  
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treetops
Elite |
21-Jan-2016 13:13
Yells: "Moments Today, Memories Tomorrow!" |
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XE! |
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bishan22
Supreme |
21-Jan-2016 12:20
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What happen? Down so much... | ||||
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Qanghoo
Supreme |
07-Jan-2016 14:21
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I just think, somehow, these Malaysian coys got more hong for whatever reason.  |
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Greatman
Senior |
07-Jan-2016 14:06
Yells: "Be water my friend" |
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Based on future earnings model, its already priced-in in current price Unless future earnings continue to wow, even stagnation of earnings would warrant a drop in price. Consider averaging up short bit by bit  |
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n3wbie
Elite |
07-Jan-2016 08:43
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overall, the glove manufacturing sector continues to perform well. its other listed peers such as Top Glove, Hartalega, Kossan are all trading at similar if not higher valuations as it is supported by growing earnings from expansion. the other macro factors include the continued weakening of ringgit vs USD and persistently low raw material prices (as butadiene is a by-product of crude oil).  yes, I do think that upside is relatively less compared to upside from current valuations but when the market is deprived of better trading/investment ideas, they tend to go with solid counters. just my humble opinion.
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Ronkbk
Member |
07-Jan-2016 08:15
Yells: "Ronald K" |
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This stock looks strong. It ,maybe trending up and break a new high over 2.6 |
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Qanghoo
Supreme |
07-Jan-2016 07:20
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Seems they quite often re-rate when mkt is already skyhigh n are playing catchup.  Problem is, if my memory still functions at this age, whenever they do this, px seem to retreat.  I seem to recall Ezion n Valuetronics as two examples of similar late re-rating that never materialised.  So, do temper optimism with caution. 
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