engine started above RM2.. warrants still lagging behind!

Warrant still lagging RM0.29 behind mother!

How does a company which is in need of a loan+guarantee from the govt give loans to other people??

can people see what the Pfizer update shows? the scientist wearing rubber gloves?

https://twitter.com/pfizer/status/1325773173409853443

can people see what the Pfizer update shows? the scientist wearing rubber gloves?

https://twitter.com/pfizer/status/1325773173409853443

Riverstone Holdings Limited
SGX: AP4

Glove manufacturer Riverstone Holdings is a “diamond in the rough” says RHB Securities’ Singapore Research team, who is initiating coverage on the counter with a ‘buy’ call and target price of $5.45.

This is believed to give the counter a 50% upside from its $3.64 price on Oct 28, the team says in its initiation note on Oct 29.

“At its current share price of SGD3.64, Riverstone is trading at 8.6x FY21F P/E. This is below its average forward P/E of 13.4x, which we think is unjustified,” they stress.

“Our target price, which implies 12.7x FY21F P/E, is close to its 13.4x average P/E and at a 29% discount to the sector average. The discount reflects its smaller market cap and lower liquidity”.
The analysts expect the Malaysia-based company’s earnings to surge by 262% year-on-year in FY20F ending in December, and 105% year-on-year in FY21F.

all gloves engine starting and 1 more big Malaysian glove co in SGX going to fly soon!

https://www.theedgesingapore.com/capital/brokers-calls/riverstone-diamond-have-says-rhb