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Riverstone
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potential take over target
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edwinjup
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09-Jul-2013 04:16
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Top glove listed in msia traded at rm$6.17..pe 18 times.....riverstone traded at pe 13times...if riverstone follow top glove ...riverstone should trade around 77cents....hope some mnc in msia can take over riverstone....listed in sgx ...pruce does not reflect it good values as a zero debt with twenty growth company...vested |
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edwinjup
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08-Jul-2013 15:29
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Strong.buying up.....hope today can cloae above 60cents... |
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edwinjup
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08-Jul-2013 14:35
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Look at the price actions and vol..maybe some good news coming....all time high 70cents...hope can reach very soon... |
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edwinjup
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08-Jul-2013 13:19
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Latex price have been falling quit badly since 2011...will help riverstone to earn more as latex is the main raw material...look at top glove listed in msia.very strong growth...riverstone will follow |
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edwinjup
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08-Jul-2013 12:55
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Latex price have been falling quit badly since 2011...will help riverstone to earn more as latex is the main raw material...look at top glove listed in msia.very strong growth...riverstone will follow |
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edwinjup
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08-Jul-2013 09:36
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Matching towards 65cents....expected strong result and good dividen in end july...mgt support buy back at 50.5cents |
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edwinjup
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05-Jul-2013 16:11
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I think result out end of july with some dividen......... |
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edwinjup
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19-Jun-2013 02:40
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Zero debt company with 93 millions on hand and trading at pe 9 are the possible reasons for it potential take over target.....source from.local brokerage firm...and i believe with mgt strong support buy back from 48-50cents...it will form a strong base at 50cents...invested...looking at 65-70cents in a few months times..buy only u can hold till dec2013 |
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