71.93MMarket Cap-1760P/E (TTM)
0.134High0.131Low5.79MVolume0.132Open0.131Pre Close764.90KTurnover0.25552wk High1.21%Turnover Ratio544.91MShares0.12352wk Low-0.075EPS TTM62.97MFloat Cap1.904Historical HighLossP/E (Static)477.04MShs Float-0.076Historical Low-0.07EPS LYR2.29%Amplitude--Dividend TTM0.37P/B100Lot Size--Div YieldTTM
Medtecs Intl Stock Forum
RHB have upgraded Riverstone to Buy from Neutral, with new DCF-derived 0.93 TP from 0.74, 27% upside and c.3% yield.
They believe it is in a sweet spot to capitalise on the recovery of global semiconductor sales. On healthcare gloves, management intends to focus on high specialty products following the completion of revamping its generic production line to a customised production line. They like the company for its unique exposure to the cleanroom segment, above-industry mar...
Bottom at SGD0.10 can consider a bet. Otherwise not recommended. 3 months goes peak & went bottom. Speculative counter, no spine.
CGS CIMB are overweight on the gloves sector - 4Q23 marks a fundamental inflection point. They believe the glove industry is showing early signs of recovery.
They think RSTON can emerge stronger from the industry downcycle vs. peers with its nimble execution, as it prioritises higher-margin customised products and its unique cleanroom offerings. They have an Add call and tp of 0.88 for RSTON, pegged to 16.0x CY25F P/E.
Riverstone's 4Q23 net profit of RM68m (+14% qoq, +61% yo...
UGH posted better gross profit and better gross margin in 1H2024.
UGH posted better gross profit and better gross margin in 1H2024
$Top Glove(BVA.SG)$$Riverstone(AP4.SG)$$Medtecs Intl(546.SG)$
Glove stocks are starting their CNY rally as I expected. Some other penny stocks are also rising.
Best time to rise when China glove makers are closed for CNY.
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