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bluekelah Senior	14-Dec-2021 12:52        bluekelah About Contact  Quote this Post! Style: Fundamental   Mood: Yells: "lock and loaded..."
x 0   x 0  Alert Admin	beng1102 : thanks for your reply, makes sense if EPF is dumping might affect the usual TA indicators. But wont the dumping reflect in a depress RSI and MA as well? Such that if the chart moves above the 200MA, and the oversold indicators reverse, wont it very likely signal bullishness irrespective of what is in the new/fundamental story? EPF is likely done selling i think with such high volume these past few days they probably unloaded? how many lots did they have after the last sale report? Midtermer : Yes its does look like the resistance at 80c+ is a good level to look out for. I read on SCMP that chinese are saying Omicron is 85% efficient at escaping the old pfizer/moderna/etc.. vaccines. And the way european and american hospitals are already filling up this winter without lockdowns, glove demand has very likely spiked already. China will probably withhold gloves for themselves and countries will scramble to restock again, sending ASPs up soon, though it wont reflect till next financial report end of FEB? In any case, queing another 10 lots today for 665, probably get it after lunch.
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Midtermer Master	14-Dec-2021 12:44        Midtermer About Contact  Quote this Post!
x 0   x 0  Alert Admin	yup we can only infer that Mr Wong knows more than us. Hoping that he continues his buying spree for the week. beng1102      ( Date: 14-Dec-2021 12:18) Posted: Technical Analysis has not been meaningful as EPF has been dumping the share.  If we are sure that EPF is no longer selling then just buy and hold as balance sheet supports much higher valuation.  Midtermer      ( Date: 14-Dec-2021 12:11) Posted: 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
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beng1102 Elite	14-Dec-2021 12:18        beng1102 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Technical Analysis has not been meaningful as EPF has been dumping the share.  If we are sure that EPF is no longer selling then just buy and hold as balance sheet supports much higher valuation.  Midtermer      ( Date: 14-Dec-2021 12:11) Posted: 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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Midtermer Master	14-Dec-2021 12:11        Midtermer About Contact  Quote this Post!
x 1   x 0  Alert Admin	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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bluekelah Senior	14-Dec-2021 11:24        bluekelah About Contact  Quote this Post! Style: Fundamental   Mood: Yells: "lock and loaded..."
x 0   x 0  Alert Admin	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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Midtermer Master	14-Dec-2021 10:49        Midtermer About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maybe another 300 lots from Mr Wong at closing today? Let's see if it continues to close near day high. Cheers.
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Stocky901 Elite	14-Dec-2021 10:44        Stocky901 About Contact  Quote this Post!
x 0   x 0  Alert Admin	You sold off 0.635 ? Can short now? Sgvale      ( Date: 14-Dec-2021 08:53) Posted: Normalisation Price level
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des_khor Supreme	14-Dec-2021 09:50        des_khor About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tell me who is God or Market Fortune Teller in this forum ??"
x 0   x 0  Alert Admin	Now TG and RS same price ! 2 weeks ago TG at one point higher more than 20cts !
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Richardlai Veteran	14-Dec-2021 09:35        Richardlai About Contact  Quote this Post!
x 0   x 0  Alert Admin	Any Riverstone experts ? you think it will cross 70 cents ..... same shortists could be the ones pushing it up.
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patient168 Senior	14-Dec-2021 09:23        patient168 About Contact  Quote this Post!   Yells: "patience is the key to winning"
x 0   x 0  Alert Admin	Nice..leveling with TG.
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Sgvale Supreme	14-Dec-2021 08:53        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	Normalisation Price level
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Alson18 Senior	14-Dec-2021 07:05        Alson18 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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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vix787 Member	14-Dec-2021 03:08        vix787 About Contact  Quote this Post!
x 0   x 1  Alert Admin	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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JessTrang Senior	14-Dec-2021 00:53        JessTrang About Contact  Quote this Post!
x 0   x 0  Alert Admin	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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investor999 Elite	14-Dec-2021 00:51        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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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JessTrang Senior	14-Dec-2021 00:37        JessTrang About Contact  Quote this Post!
x 0   x 0  Alert Admin	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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jackjack Veteran	13-Dec-2021 23:36        jackjack About Contact  Quote this Post!
x 1   x 0  Alert Admin	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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Midtermer Master	13-Dec-2021 23:27        Midtermer About Contact  Quote this Post!
x 1   x 0  Alert Admin	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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Longtermer Elite	13-Dec-2021 21:54        Longtermer About Contact  Quote this Post! Style: Flexible   Yells: "A disciplined investor is a wealthy investor"
x 0   x 0  Alert Admin	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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Sunbrighten Member	13-Dec-2021 21:05        Sunbrighten About Contact  Quote this Post!
x 0   x 0  Alert Admin	Riverstone fundamentals remain solid with a strong management team! Jia Yu Mr Wong Teek Son!
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