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Riverstone
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The next big thing
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appleronaldo
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15-Jun-2015 10:43
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Look good!! |
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n3wbie
Elite |
07-May-2015 23:14
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congrats, must have locked in some handsome profits! 
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KiLrOy
Elite |
07-May-2015 22:59
Yells: "I buy only what I can see." |
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Finally got volume to let go and rebalance my portfolio. !!! |
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StarsHav3n
Member |
06-May-2015 22:38
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Yes yes. This stock is meant for long term. The best and safest stock, only up and never down. Even after ex-dividend it shot back up above 1.3. It' s high is always higher then previous high!! A-star Chip! |
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n3wbie
Elite |
04-May-2015 23:00
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" Riverstone&rsquo s net profit surges 68.6% to RM27.0 million for 1QFY2015 driven by increased demand and product mix &bull Revenue correspondingly increased 44.8% to RM127.2 million driven by increased sales volume as Phase 1 of expansion comes onboard, adding one billion pieces of gloves yearly &bull Phase 2 of expansion is on track for completion by end of FY2015, ramping up total annual production capacity to 5.2 billion pieces of gloves &bull Continues to generate positive operating cash flow quarterly resulting in a net cash position of RM96.8 million to support capacity expansion plans" the company seems to be on track in its growth trajectory not just driving topline growth but also a margin expansion concurrently supported by the new expansion. |
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n3wbie
Elite |
15-Mar-2015 12:45
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an interesting article by motley fool on the 6 key reasons how Riverstone outperforms the market. https://www.fool.sg/2015/03/13/6-interesting-things-you-must-know-about-this-market-beating-company-part-1/ |
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n3wbie
Elite |
08-Mar-2015 22:16
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given that Riverstone is one of the top glove manufacturers in Malaysia with consistently high profit margins, the market seems to have muted interest in the counter. UOB KH, Maybank KE and DMG have all increased their TPs respectively. |
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cherilyntan91
Member |
07-Oct-2014 02:24
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MayBank-KE Research
Riverstone Holdings: A natural fit Initiate BUY Initiate with BUY. SGD1.21 TP,at 15x FY15E P/E,inlinewith peeraverage. Earnings growth to speed up as doubling ofcapacity shouldease growth constraints. Strong focus on customisation and leadership in cleanroom gloves differentiate it from larger peers. |
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cherilyntan91
Member |
03-Oct-2014 19:30
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Hopefully we will see it move up cum Monday :)
UOB-KH research also recommended a BUY with TP 1.14 :)
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apasamy
Member |
03-Oct-2014 16:31
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almost there . $ 0.995   today. |
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cherilyntan91
Member |
01-Oct-2014 16:32
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Hitting $1 soon maybe? :) | ||||
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n3wbie
Elite |
30-Sep-2014 00:40
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Quoted from DMG' s report: ' We recently visited Riverstone' s new facility in Taiping, Malaysia. Production will start with two lines in October, before two more  are added each in November and December to reach a 1bn capacity. While its competitors have been aggressively expanding  capacity and its costs have risen in 3Q, we remain positive on Riverstone' s expansion plan and execution capabilities. Maintain  BUY with a SGD1.15 TP (22% upside to the current share price), based on a 16.3x FY14 P/E.' http://www.remisiers.org/cms_images/research/0929__OSK_l_DMG__Morning_Matters.pdf   |
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AAwang
Member |
10-Sep-2014 22:15
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Hit $1 today.   |
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worcer
Member |
04-Aug-2014 21:03
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Too limited movement on this stock leh. Its increased  revenue is due to a expanding need for cleanroom. Cant really say for that in the  far future. Buy liao wan to sell hard. |
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AAwang
Member |
04-Aug-2014 18:29
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Riverstone&rsquo s 2QFY2014 hits a quarterly record of RM96.9 million   in Revenue and RM16.1 million in Net Profit  -declares interim dividend of 2.35 sen (RM) per share A 7.1% year-on-year (&ldquo yoy&rdquo ) growth in revenue to a record high of RM96.9 million   while net profit correspondingly increased 11.3% yoy to RM16.1 million for the three months ended 30  June 2014  
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ramuslow
Member |
21-Jul-2014 19:56
Yells: "MASTERSTOCKTRADER BLOG SPOT SG" |
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Buyers seem to be coming back for this stock See the entry and exit price at my blog masterstocktrader blog spot sg |
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AAwang
Member |
23-May-2014 11:46
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Riverstone pays a higer dividend rate and it has no debt at all. I am comfortable to hold it longer.  If everything does not change significantly to affect its business, I will hold it to at least to $1.05 based on the valuation of average PE 16, which is about the same as its peers. Additionally, i haven' t factored in the case that Riverstone' s production will increase significantly by the end of the year, though i do acknowledge there is a fierce competition in this industry. Riverstone has has made more niches. Huat ah!!                                              
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srichipan
Master |
23-May-2014 11:35
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Hit my calculation. I only buy if it goes back to $0.8 hehehe
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sunview
Veteran |
23-May-2014 11:28
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AAwang, congratulation for holding on to your Riverstone. But are you tempted to sell now at $0.90, the target price set by CIMB ? But just for your info, UOB-KH has initiated a BUY call today with a target price of $1.14. |
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HVRRVH
Elite |
06-May-2014 21:01
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Bought at 60 cents but sold even before it touches 80 cents, bad judgment but what to do? Now no bullet to buy back as vested in other shares liao :( 
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