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261 comment(s). Last comment by joesephlim at Oct 7, 2020 10:07 AM
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chiongster1234
3464 posts

Posted by chiongster1234 > May 31, 2016 3:21 PM | Report Abuse

come on


chiongster1234
3464 posts

Posted by chiongster1234 > Jun 2, 2016 8:43 PM | Report Abuse

so nice prices


LanSeeBoy
70 posts

Posted by LanSeeBoy > Jun 16, 2016 10:54 PM | Report Abuse

Glove giant Top Glove net profit dropped 40mainly due to pressures on its average selling prices and higher operational costs. Riverstone will suffer same problem. Dump your shares before is too late.


chiongster1234
3464 posts

Posted by chiongster1234 > Jun 19, 2016 9:10 PM | Report Abuse

holland...


LanSeeBoy
70 posts

Posted by LanSeeBoy > Jun 26, 2016 4:18 PM | Report Abuse

>40% of sales from Europe(incl. UK), Riverstone outlook could be badly hit going forward.


chiongster1234
3464 posts

Posted by chiongster1234 > Jun 27, 2016 2:45 PM | Report Abuse

lanseeboy, u are damn right.


chiongster1234
3464 posts

Posted by chiongster1234 > Aug 11, 2016 9:50 PM | Report Abuse

Riverstone reports revenue growth of 21.5% to
RM156.7 million on the back of higher glove orders for 2QFY2016


chiongster1234
3464 posts

Posted by chiongster1234 > Aug 11, 2016 9:51 PM | Report Abuse

the Board of Directors has declared an interim dividend of 1.30 sen (RM)
per share.


chiongster1234
3464 posts

Posted by chiongster1234 > Aug 11, 2016 9:52 PM | Report Abuse

higher cost damn


chiongster1234
3464 posts

Posted by chiongster1234 > Oct 7, 2016 6:19 PM | Report Abuse

NOTICE IS HEREBY GIVEN that the Share Transfer Books and Register of Members of Riverstone
Holdings Limited (the “Company”) will be closed on 4 October 2016 for the preparation of dividend
warrants for the proposed interim tax exempt (1-tier) dividend of 1.30 sen (RM) per ordinary share for the
financial year ending 31 December 2016.
Duly completed registrable transfers received by the Company’s Share Registrar, Boardroom Corporate &
Advisory Services Pte. Ltd. of 50 Raffles Place, Singapore Land Tower #32-01, Singapore 048623 up to
5.00 p.m. on 3 October 2016 will be registered to determine shareholders’ entitlements to the proposed
interim dividend. Members whose securities accounts with The Central Depository (Pte) Limited are
credited with shares at 5.00 p.m. on 3 October 2016 will be entitled to the proposed interim dividend.
The proposed interim dividend will be paid on 13 October 2016.


chiongster1234
3464 posts

Posted by chiongster1234 > Dec 15, 2016 9:14 AM | Report Abuse

after few months, hmmmm.....


tongtong
4 posts

Posted by tongtong > Jan 12, 2017 4:20 PM | Report Abuse

http://valueveins.blogspot.my/2017/01/mining-value-in-glove-manufacturers-1.html


chiongster1234
3464 posts

Posted by chiongster1234 > Feb 13, 2017 9:20 PM | Report Abuse

i'm back!


chiongster1234
3464 posts

Posted by chiongster1234 > Feb 14, 2017 7:55 PM | Report Abuse

just wonder the management how to handle New Levy policy called EMC which would make employers responsible for bearing the cost of the foreign worker levy rather than the foreign work themselves.


LanSeeBoy
70 posts

Posted by LanSeeBoy > Feb 22, 2017 11:08 PM | Report Abuse

Sell b4 too late. Rubber px shootin up, nitrile px will follow ...


JonsCarniwal
2 posts

Posted by JonsCarniwal > Feb 23, 2017 3:16 PM | Report Abuse

RIVERSTONE HOLDINGS LIMITED level are positive now


chiongster1234
3464 posts

Posted by chiongster1234 > May 5, 2017 11:47 AM | Report Abuse

up up


chiongster1234
3464 posts

Posted by chiongster1234 > May 12, 2017 1:26 PM | Report Abuse

Better than cpf return, cukup.


susansgxtrader
1 post

Posted by susansgxtrader > May 24, 2017 8:04 PM | Report Abuse

Shares of Riverstone Holdings Ltd/Singapore (AP4.SI) is moving on volatility today 5.94% or 0.06 rom the open. The SES listed company saw a recent bid of 1.070 on 1690000 volume.

Investors may be trying to decide if stocks will make new highs before the year is out, and whether or not the bull market will celebrate its 9th anniversary next year. The tricky part is prognosticating the short term picture. Investors may not be comfortable enough to go all in, but they may not want to get bearish given the solid economic backdrop. Will there be a big breakout given the strength of earnings and economic growth? Will investors just become numb to the headlines and decide to focus on the positive economic picture? It is always wise to remember that the market can have a correction at any time for any reason. If the political landscape gets even more dysfunctional, then it may be enough of a driver to spur a correction.

more info - http://sgx-nifty.blogspot.in/p/sgx-malaysia-uae-free-trial-form.html


Kpin Yeoh
171 posts

Posted by Kpin Yeoh > Dec 21, 2017 10:58 AM | Report Abuse

I cut and paste one of the posting in Topgloves

"Hi All, for those miss out the glove counter share price rally, look beyond Bursa exchange. Study on this Riverstone glove maker (SGP exchange), small/med cap, but highly efficient or equal to Hartalega. This remind me on last 7yrs when Hartalega is a small glove company, unspotted and below investor radar below RM500mil company, but now super powerful, now worth RM 18bil company.

Riverstone 3Q17 net profit RM34.3mil (+26.8% QoQ ), zero debts company, net cash position RM112.4mil, ROE 20.7% growth annually (avg 5yr), divident payout ratio 40% - 45% annually, Gross profit margin 27%, net profit margin 18.7%.

In term of plant expansion, glove output increase additional +1.4bil pcs, start commission & fully operate by Q4'17 (Phase 4). This raise additional capacity of 22.5% + full operate on Q4'17, boost net profit earning to RM40 - RM42mil. Expected Q4'17 EPS is raise to 5.3sen ~ 5.6sen. push up TP conservatively to $1.25 based on forward PE 17 (deep discount vs Hartalega forward PE 40).


Kpin Yeoh
171 posts

Posted by Kpin Yeoh > Dec 21, 2017 1:32 PM | Report Abuse

Riverstone annual projected expansion production capacity for gloves

Year bil pcs
2013 3.1
2014 4.2
2015 5.2
2016 6.2
2017 7.6
2018 9.0
2019 10.4

Consider another good point below:
Revenue increased 12.5% yoy from RM167.0 million for 3QFY2016 to RM187.8 million for 3QFY2017
Net profit increased 15.1% yoy from RM29.8 million for 3QFY2016 to RM34.3 million for 3QFY2017
Continues to generate positive operating free cash flow of RM58.8 million for 3QFY2017
Net cash position of RM112.4 million


chiongster1234
3464 posts

Posted by chiongster1234 > Jan 2, 2018 8:46 PM | Report Abuse

limit up


chiongster1234
3464 posts

Posted by chiongster1234 > Jan 2, 2018 8:47 PM | Report Abuse

top glove increased one dollar already


alibabacoming
2953 posts

Posted by alibabacoming > Apr 11, 2018 3:50 PM | Report Abuse

under value hamtam kuat kuat


ronald118
35 posts

Posted by ronald118 > Mar 20, 2019 12:54 PM | Report Abuse

hamtam once a year...


qps999
13 posts

Posted by qps999 > Mar 23, 2019 2:39 PM | Report Abuse

Good for me..in its very slow move clear my slot yesterday as Money Life Research suggested tgt 1.12 hit it...any way not met with loss la.


qps999
13 posts

Posted by qps999 > Apr 6, 2019 5:18 PM | Report Abuse

gd ..as money life research suggested tgt hit la.


joelim17
16 posts

Posted by joelim17 > Apr 11, 2020 10:58 PM | Report Abuse

Malaysia Loosens Lockdown Rules to Meet Soaring Global Glove Demand

https://www.voanews.com/science-health/coronavirus-outbreak/malaysia-loosens-lockdown-rules-meet-soaring-global-glove


tradeview
569 posts

Posted by tradeview > May 26, 2020 7:44 PM | Report Abuse

Very strong movement today. Surge past our FV $2.00. A further update write up since our earlier article calling Riverstone.

https://sgx.i3investor.com/blogs/Tradeview/2020-05-26-story-h48791514-_Tradeview_2020_Historic_Pandemic_Glove_Rally_Riverstone_Holdings_Ltd_AP0.jsp


bryan2003
34 posts

Posted by bryan2003 > Jun 1, 2020 9:01 AM | Report Abuse

If you guys do a deep research on UG Healthcare (Malaysia’s company listed in Singapore), you guys will realize that it is quite similar to Malaysia listed Supermax and Top Glove. The reason Supermax and Top Glove up alot since Supermax release their quarter report is because these 2 companies are distributing their own brand of glove which lead to higher profit margin. You guys can understand further from the video as per below link. After watching, you guys can go read UG's report and you guys will realize that UG has their own distribution center at China, Nigeria, UK, German, US and Brazil. Despite UG didnt own 100% of share of these companies, but definitely it helps UG to have better profit. Also, these coutries are badly affected by Covid-19.

https://klse.i3investor.com/blogs/kianweiaritcles/2020-05-28-story-h15...

Also, not to neglect that Ug Healthcare German is also selling mask, PPE, disinfection, protective clothes etc. All these products are high demand product during this Covid-19. Please refer to the link to understand better.

Besides, UG Healthcare Nigeria is also very interesting distribution center as it is selling the similar products that UG Healthcare German is selling but on top of that, it is also selling infra-red thermometer which is also high demand. Please refer to the link below.

https://www.unimedicalhealthcare.com/aboutus.html

The link below will enable you to understand better about Uniglove UK. Even though it is old news but it definitely will be benefited during this pandemic as it is Europe’s first antimicrobial nitrile glove.

https://www.hsmsearch.com/page_960209.asp

https://www.buildingbetterhealthcare.com/news/article_page/Two_firms_join_forces_to_create_Europes_first_antimicrobial_nitrile_examination_gloves/138274

https://unigloves.co.uk/fortified-biocote-antimicrobial-gloves

https://klse.i3investor.com/blogs/kianweiaritcles/2020-05-29-story-h1507893312-EU_plans_permanent_stockpile_of_essential_drugs_medical_gear.jsp

If we do comparison between Rubberex Malaysia and UG Healthcare. UG healthcare is lagging behind.
Rubberex market cap = (rm3.56/3.06) * 252195617 = SGD 293,404,051
UG heathcare market cap =(SGD 0.47 * 196092856)= SGD 92,163,642

UG yearly capacity is around 3B where Rubberex only 2B.

So if we use production capacity ratio to market cap as below calculation. UG should worth SGD
(293404051 (Rubberex’s market cap) * 3B (UG’s capacity)) / 2b (Rubberex’s market cap) = 214685891

UG’s potential share price = 214685891 / 196092856 (no of UG’s issued share)= SGD 1.09

If we do comparison between Careplus Malaysia and UG Healthcare. UG healthcare is also lagging behind.
Careplus market cap = (rm1.40/3.06) * 531,359,799 = SGD 243,105,790
UG heathcare market cap =(SGD 0.47 * 196092856)= SGD 92,163,642

So if we use production capacity ratio to market cap as below calculation. UG should worth SGD
(243105790 (careplus’ market cap) * 3B (UG’s capacity)) / 4.1B (careplus’ capacity) = 177882285.4

UG’s potential share price = 177882285.4 / 196092856 (no of UG’s issued share) = SGD 0.907

Even though careplus produce 1B pcs extra compared to UG healthcare, but UG healthcare will benefitted from it’s own brand of glove as well as it’s distribution centers in UK, Brazil and Nigeria are selling others PPE and tools which are badly needed during this pandemic.

If we use the method of one of the Malaysia’s famous investor to calculation the price per glove, UG healthcare is on 0.09 per glove which is much more cheaper compared to peers.




Even though the last quarter report seems like “poor”, but it was mainly affected by the production modification cost where the board has decided to on hold the modification in order to cope with the sudden spike of demand. Do take note that the modification at the end will benefit the group as well. UG has reported positive earning for the last 3 FY. In fact, increase of marketing expenses is good for the company in long run as once everyone know about “Uniglove”, the marketing expenses eventually will come back and profit will go up.

Most likely August report will have flying colour result.

Stay tuned!!!


Sami_Value
242 posts

Posted by Sami_Value > Jun 17, 2020 3:23 PM | Report Abuse

very well position. I think Singapore portal alot more better. Less gamblers here, niamah Malaysia one, full with hantu judi

everyday shout huat ar, limit up limit up like no need to work

good choice to list at Singapore


tradeview
569 posts

Posted by tradeview > Jun 30, 2020 10:22 PM | Report Abuse

Riverstone hit a new record high today at $2.65 before closing at $2.61. After weeks of consolidation with strong support at $2.30, there is definitely more upside. All 3 research house gave a TP of $3.12, I think it is a v fair TP.


bryan2003
34 posts

Posted by bryan2003 > Jun 30, 2020 10:50 PM | Report Abuse

Tradeview.

If supermax release a flying colour QR report, riverstone will likely have a flying colour report. Very soon we will not able to see riverstone below $3.


NinjaInPyjamas
5 posts

Posted by NinjaInPyjamas > Jun 30, 2020 11:52 PM | Report Abuse

Cannot use supermax to compare as their business model is different.


NinjaInPyjamas
5 posts

Posted by NinjaInPyjamas > Jun 30, 2020 11:55 PM | Report Abuse

i think there are more similar to Hartalega as both as the leading gross margin company in the world. Just that i cannot figure out what is the main raw material that constitutes their cost of good sold. Anyone?


tradeview
569 posts

Posted by tradeview > Jul 1, 2020 6:08 PM | Report Abuse

I think Bryan is right as Riverstone do have their own brand as well although not as good as UG in terms of OBM %.

Ninja - I think the main raw material cost for Nitrile glove makers like Hartalega and Riverstone is Nitrile Butadiene Rubber (NBR) where price falls in tandem when crude oil price falls.


bryan2003
34 posts

Posted by bryan2003 > Jul 1, 2020 10:37 PM | Report Abuse

Most of the counters have posted good result and with riverstone production capacity which can on par with supermax. No way that riverstone is not making good profit in coming report. If use the 1st quarter EPS and assume without any growth in term of net profit. The share price is worth more than $3.50. But it is impossible without any growth for the revenue and profit as 1st quarter is refer to Jan till Mar and these 3 months are not the peak yet. More to comeeeeeeeeeeeeee.


bryan2003
34 posts

Posted by bryan2003 > Jul 1, 2020 10:37 PM | Report Abuse

As mentioned earlier, UG Healthcare has same business model as Supermax. Both of these company are OBM and have their own distribution center at different countries.

Below link is an article produced by a famous investor in Malaysia. We can use the similar method to apply on UG Healthcare.

https://klse.i3investor.com/blogs/koonyewyinblog/2020-07-01-story-h150...

There is very high possibility that UG has very good first half result as the share price going up non stop.

Coincidently that all their distribution centers are located at the countries that badly affected by Covid-19 such as Brazil, US, German and Nigeria.

If we search deeper, the direction of the company seems like toward a one stop solution model. If we google Uniglove Germany or Uniglove Nigeria, we can see that these distribution centers are selling glove, mask, disinfection under it's own brand - Uniglove. Please read the links below.

https://unigloves.de/30yearsEN/#0...

https://www.unimedicalhealthcare.com/...

Not to neglected that Uniglove UK is also selling antimicrobial glove which is high demand for this pandemic as this glove can kill gems. So far in the market, only Hartalega which listed in Bursa Malaysia produces antimicrobial glove in large scale. In short, UG healthcare will be benefitted as UK is one of the country that badly impacted by Covid-19.

In conclusion, UG overall business will be benefitted as many of the product they are selling are high demand during this pandemic.


tradeview
569 posts

Posted by tradeview > Jul 2, 2020 3:27 PM | Report Abuse

Agreed


NinjaInPyjamas
5 posts

Posted by NinjaInPyjamas > Jul 5, 2020 6:06 PM | Report Abuse

I agree on better profit of course for Riverstone & UG no doubt. I expect RM316 million revenue & RM70 million net profit for Riverstone.
For UG, i really cannot get enough info on their ASP and OBM% that we are able to forecast from April-June quarter. I got info that their distribution centre/division can order gloves from Topglov/Harta or other manufacturers to OEM. So it is more complicated. Interesting...


bryan2003
34 posts

Posted by bryan2003 > Jul 8, 2020 1:46 PM | Report Abuse

The famous investor cum tychoon in Malaysia just posted a blog as below link.

https://klse.i3investor.com/blogs/koonyewyinblog/

So what about UG Healthcare which is OBM (Unigloves) and also have distribution centers at US, UK, German, Brazil and Nigeria? Besides glove, there are selling PPE and other healthcare products which are high demand during pandemic.


up88up
2 posts

Posted by up88up > Jul 8, 2020 1:50 PM | Report Abuse

anyone know when is the Qtr2 report out?


eunice 1155
1 post

Posted by eunice 1155 > Jul 8, 2020 4:15 PM | Report Abuse

anyone know when is the Qtr2 report out? last year 2nd qtr on 7th Aug 2019


calvintaneng
28455 posts

Posted by calvintaneng > Jul 10, 2020 10:50 AM | Report Abuse

BEST KEPT SECRET PROXY STOCK TO TOPGLOVE, SUPERMAX, KOSSAN, HARTA , COMFORT, RIVERSTONE, UG HEALTHCARE, SRI TRANG BULL RUN

TEXCHEM (8702) KLSE

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-07-10-story-h1509833698-BEST_KEPT_SECRET_PROXY_STOCK_TO_TOPGLOVE_SUPERMAX_KOSSAN_HARTA_COMFORT_.jsp


bryan2003
34 posts

Posted by bryan2003 > Jul 10, 2020 4:31 PM | Report Abuse

Is the situation of UG similar to what have mentioned in the link below?

https://klse.i3investor.com/blogs/koonyewyinblog/

Even the movement of the share price????

Happy weekend..


PureBULL ...
1023 posts

Posted by PureBULL ... > Jul 11, 2020 3:28 AM | Report Abuse

TOPGLOVE is # 1 most valuable glove plc now

https://klse.i3investor.com/blogs/purebull/2020-07-11-story-h1509858644-TOPGLOV_is_1_most_valuable_glove_plc_now.jsp


calvintaneng
28455 posts

Posted by calvintaneng > Jul 14, 2020 9:25 AM | Report Abuse

ESCERAMIC & HLT

GLOVE SUPPORTING INDUSTRIES

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-07-14-story-h1510517960-ES_CERAMIC_BY_SHARETISFY_Reposted_here_in_i3_Forum_Calvin_comments.jsp


calvintaneng
28455 posts

Posted by calvintaneng > Jul 14, 2020 9:32 AM | Report Abuse

https://www.youtube.com/watch?v=1-uH0KmgU_o


calvintaneng
28455 posts

Posted by calvintaneng > Jul 14, 2020 10:04 AM | Report Abuse

TOP GLOVE EXPANSION FOR TWO YEARS

10 NEW FACTORIES

SUPERMAX

4 NEW FACTORIES

KOSSAN

BOUGHT ADJOINING LAND FROM CBIP TO START GLOVE MANUFACTURES IMMEDIATELY

SRI TRANG THAILAND IPO FOR EXPANSION

RUBBEREX NEW 1 BILLION EXAM GLOVES

ALL NEED MORE

1) HAND MOLDS FROM ES_CERAMIC
https://www.youtube.com/watch?v=1-uH0KmgU_o

2) GLOVE HAND DIPPER LINES FROM HLT GLOBAL
https://www.hladvance.com/gloves-dipping-technology


calvintaneng
28455 posts

Posted by calvintaneng > Jul 21, 2020 10:13 PM | Report Abuse

IN MALAYSIA SUPERMAX & TOPGLOVE ANNOUNCED BONUS ISSUES

HLT (0188) MIGHT ALSO JOIN IN GIVING BONUS ISSUES ALSO

BUY HLT AT 69 SEN BEFORE BONUS ISSUES

RIVERSTONE IS A CUSTOMER OF HLT

SEE HLT IPO

https://www.youtube.com/watch?v=DQbFN5KwD1w

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