Singapore Stock Market News
Riverstone Holdings - Malaysia NDR: Eye Opener
StockFanatic
Publish date: Fri, 02 Oct 2015, 01:03 PM
StockFanatic
0 10,453
Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
● Investors impressed with Riverstone's dominance of lucrative cleanroom gloves during our recent NDR. Addressed concerns on possible slowdown of HDD segment, competition & liquidity.
● Near-term positives: earnings boost from strong USD/MYR, strong demand for new capacity & possible liquidity boost. We raise FY15-17 EPS by 3-5% for FX effects. Medium-term risk: rising competition for healthcare gloves.
● Maintain BUY & SGD2.12 TP, now at 19x FY16 P/E (from 18x). Expect catalysts from possible actions to boost stock liquidity.
Read more » Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
Market Buzz
More articles on Singapore Stock Market News
Market Commentary: Record highs on trade, vaccine developments
Created by StockFanatic | Aug 26, 2020
Market Commentary: Record highs on trade, vaccine developments
Created by StockFanatic | Aug 26, 2020
Market Commentary: Data help US market end week on a high note
Created by StockFanatic | Aug 24, 2020
Market Commentary: Data help US market end week on a high note
Created by StockFanatic | Aug 24, 2020
Market Commentary: And they are back, with S&P within inches of record high close
Created by StockFanatic | Aug 13, 2020
Market Commentary: And they are back, with S&P within inches of record high close
Created by StockFanatic | Aug 13, 2020
Market Commentary: US negotiations over stimulus continue amid diplomatic tensions
Created by StockFanatic | Aug 11, 2020
Market Commentary: US negotiations over stimulus continue amid diplomatic tensions
Created by StockFanatic | Aug 11, 2020
Discussions
Be the first to like this. Showing 1 of 1 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
SGX Market Updates
US Magnificent Seven Stock DLCs Introduced for Asian Market Hours
2
RHB Investment Research Reports
3
SGX Market Updates
4
RHB Investment Research Reports
5
RHB Investment Research Reports
Frencken Group - Semiconductor Sector Recovery Still in Play; BUY
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
LanSeeBoy
Like I said yesterday. These small local house analysts have no deep knowledge on the sector at all. Peak valuation aside, this stock has no liquidity given its tight free float. Want to buy 500,000 shares also need to take days...imagine how I gonna sell next ? Buying illiquid stock on peak valuation is sheer mong.
2015-10-02 13:58