Singapore Stock Market News
Riverstone Holdings - Undervalued; Still a BUY
StockFanatic
Publish date: Wed, 05 Nov 2014, 11:42 AM
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■ 9M14 met expectations at 75.6/76.5% of consensus and our FY14E.
■ FY15E set to be record year from Phase 1 of new capacity for 1b gloves.
■ Maintain BUY & SGD1.21 TP, at 15x FY15E EPS. Catalysts from further market penetration.
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