Last Price Today's Change   Day's Range   Trading Volume
2.20   +0.07 (3.29%)  2.13 - 2.23  3,945


Avg Volume (4 weeks):0
Average Price Target: 2.17
Price Target Upside/Downside: -0.03


Date Subject
26-May-2020 Riverstone Holdings - Positive Takeaways From Conference Call; Raise Target Price by 18%
21-May-2020 Riverstone Holdings - When the Stars Align
12-May-2020 Riverstone Holdings - Benefitting From COVID-19
07-May-2020 Riverstone Holdings - Beneficiary of Industry Tailwinds From COVID-19
31-Mar-2020 Singapore Market March 2020 Wrap Up - Singapore in 5
08-Aug-2019 Riverstone Holdings - a Clean Bill of Health for 2H19F

Business Background

Riverstone Holdings Limited, an investment holding company, manufactures and distributes cleanroom and healthcare gloves under the RS brand. It also produces cleanroom finger cots, packaging bags, face masks, and wipers; and other consumables, such as hair nets, static dissipative shoes, safety booties, shoe covers, ESD rubber bands, sticky mats and rollers, swab-polyester and microfibers, antistatic gloves, static dissipative shoes, cleanroom coveralls, and cleanroom papers. In addition, the company trades in latex products; and distributes cleanroom products. Further, Riverstone Holdings Limited offers healthcare products comprising white, blue, black, and accelerator nitrile exam gloves. Its products are used in the hard disk drive, semiconductor, and healthcare industries. The company exports its products primarily to the Americas, Asia, and Europe. Riverstone Holdings Limited was founded in 1989 and is based in Singapore.

  2 people like this.
ccc5197 fly fly fly next year split again hahahaha
13/04/2016 2:53 PM
Trade_Jo now is going short?
14/04/2016 10:22 AM
chiongster1234 hahahaa u dare short or not?i scared later you cry no tear
14/04/2016 10:33 AM
chiongster1234 how is the AGM? anyone?
18/04/2016 7:48 PM
NicholasNWH90 Chiongster no other shareholder is here. i3 Singapore has so few users.
19/04/2016 2:38 PM
chiongster1234 did you own this company?hahaha
22/04/2016 2:46 PM
NicholasNWH90 No leh. Anything to share about this company?
22/04/2016 3:36 PM
chiongster1234 what do you think? haha.

which counter you hold in SGX?
25/04/2016 10:05 AM
LanSeeBoy industry & valuation ve peaked. Only way is down.
03/05/2016 3:04 PM
Nafis Alsahmi i'm going to bet it will go up, support by higher earning from completion phase 3 expansion and lower cost for material. It still have some help from FX gain :)
03/05/2016 11:57 PM
chiongster1234 relax la, times will tell. wish the best for riverstone:)
04/05/2016 9:41 AM
LanSeeBoy 1Q gross margin came down from 31.6% to 29.1%...1st sign of more margin erosion ahead as competition intensifies from industry growing capacity.
05/05/2016 10:02 PM
chiongster1234 Cash flow statement review
As at 31 March 2016, the Group generated positive operating cash flow of RM13.3 million and exercised
RM13.0 million for investing activities mainly for the purchase of PPE and installments paid for the
purchase of a piece of land.
As at 31 March 2016, the Group continues to remain debt-free with a resilient balance sheet comprising
RM123.8 million worth of cash and cash equivalents.
06/05/2016 2:11 PM
LanSeeBoy Margin coming down as competition intensifies...the new expanded capacities by larger peers all coming on stream...even demand remains firm, supply-side will sure bring asp downward. Expect massive de-rating months ahead for this sector which has over-enjoyed peak valuation for past 2 years.
06/05/2016 10:49 PM
chiongster1234 cheap sales
09/05/2016 9:33 AM
chiongster1234 being shot down, short short short?
11/05/2016 10:20 AM
chiongster1234 0.8 wait
11/05/2016 10:20 AM
LanSeeBoy Despite seeing a better long-term prospect from further boost in its production capacity, I'm very concerned on the industry over capacity could lead to intense price competition. Expect poorer 2Q.
12/05/2016 5:05 PM
chiongster1234 faster drop please, i can't wait to all in my wealth with you. so next time can growth together or holland myself.
12/05/2016 9:35 PM
chiongster1234 long time no come nearly can't see you, my baby
16/05/2016 9:49 PM
chiongster1234 come back is real
24/05/2016 7:27 PM
chiongster1234 come on
31/05/2016 3:21 PM
chiongster1234 so nice prices
02/06/2016 8:43 PM
LanSeeBoy 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.
16/06/2016 10:54 PM
chiongster1234 holland...
19/06/2016 9:10 PM
LanSeeBoy >40% of sales from Europe(incl. UK), Riverstone outlook could be badly hit going forward.
26/06/2016 4:18 PM
chiongster1234 lanseeboy, u are damn right.
27/06/2016 2:45 PM
chiongster1234 Riverstone reports revenue growth of 21.5% to
RM156.7 million on the back of higher glove orders for 2QFY2016
11/08/2016 9:50 PM
chiongster1234 the Board of Directors has declared an interim dividend of 1.30 sen (RM)
per share.
11/08/2016 9:51 PM
chiongster1234 higher cost damn
11/08/2016 9:52 PM
chiongster1234 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.
07/10/2016 6:19 PM
chiongster1234 after few months, hmmmm.....
15/12/2016 9:14 AM
tongtong http://valueveins.blogspot.my/2017/01/mining-value-in-glove-manufacturers-1.html
12/01/2017 4:20 PM
chiongster1234 i'm back!
13/02/2017 9:20 PM
chiongster1234 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.
14/02/2017 7:55 PM
LanSeeBoy Sell b4 too late. Rubber px shootin up, nitrile px will follow ...
22/02/2017 11:08 PM
JonsCarniwal RIVERSTONE HOLDINGS LIMITED level are positive now
23/02/2017 3:16 PM
05/05/2017 11:47 AM
chiongster1234 Better than cpf return, cukup.
12/05/2017 1:26 PM
susansgxtrader 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
24/05/2017 8:04 PM
Kpin Yeoh 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).
21/12/2017 10:58 AM
Kpin Yeoh 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
21/12/2017 1:32 PM
chiongster1234 limit up
02/01/2018 8:46 PM
chiongster1234 top glove increased one dollar already
02/01/2018 8:47 PM
alibabacoming under value hamtam kuat kuat
11/04/2018 3:50 PM
ronald118 hamtam once a year...
20/03/2019 12:54 PM
qps999 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.
23/03/2019 2:39 PM
qps999 gd ..as money life research suggested tgt hit la.
06/04/2019 5:18 PM
joelim17 Malaysia Loosens Lockdown Rules to Meet Soaring Global Glove Demand

11/04/2020 10:58 PM
tradeview Very strong movement today. Surge past our FV $2.00. A further update write up since our earlier article calling Riverstone.

26/05/2020 7:44 PM

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