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$Riverstone(AP4.SG$
Riverstone has a three-year median payout ratio of 90% (implying that it keeps only 9.8% of its profits), meaning that it pays out most of its profits to shareholders as dividends, and as a result, the company has seen low earnings growth.
In addition, Riverstone has been paying dividends over a period of at least ten years suggesting that keeping...
Riverstone has a three-year median payout ratio of 90% (implying that it keeps only 9.8% of its profits), meaning that it pays out most of its profits to shareholders as dividends, and as a result, the company has seen low earnings growth.
In addition, Riverstone has been paying dividends over a period of at least ten years suggesting that keeping...
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$Riverstone(AP4.SG$ hold for 12-18 months, target above $3
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Dear Singapore stock investors,
Here is 1 of our stock opportunities for 2024!
Riverstone is a SG glove company that we feel is way better than Hartalega and Top Glove!
Why you must take this stock seriously?
• Growing revenue and net profit
• Profitable and positive cash flow
• Dividend yield of 4.8% today
• Above average industry margins
• The glove industry is recovering
• Riding the AI and semico...
Here is 1 of our stock opportunities for 2024!
Riverstone is a SG glove company that we feel is way better than Hartalega and Top Glove!
Why you must take this stock seriously?
• Growing revenue and net profit
• Profitable and positive cash flow
• Dividend yield of 4.8% today
• Above average industry margins
• The glove industry is recovering
• Riding the AI and semico...
![Riverstone (AP4) Complete Stock Analysis 2024: This SG Stock is Better Than Hartalega & Top Glove](https://sgsnsimg.moomoo.com/sns_client_feed/104994509/20240707/1720340145746-4da2429db7.jpeg/thumb?area=104&is_public=true)
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$Riverstone(AP4.SG$
Riverstone is likely to benefit from the global semiconductor sales recovery, RHB Singapore Research says in a note. Sales volumes for its cleanroom products improved 5% on quarter in 1Q, the RHB team says.
The Singapore-listed cleanroom products manufacturer expects growth for such products to continue in the coming quarters, RHB says. It continues to like Riverstone for its "unique exposure in the cleanroom segment, above-industry margins profile, and consistent dividend ...
Riverstone is likely to benefit from the global semiconductor sales recovery, RHB Singapore Research says in a note. Sales volumes for its cleanroom products improved 5% on quarter in 1Q, the RHB team says.
The Singapore-listed cleanroom products manufacturer expects growth for such products to continue in the coming quarters, RHB says. It continues to like Riverstone for its "unique exposure in the cleanroom segment, above-industry margins profile, and consistent dividend ...
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$Medtecs Intl(546.SG$
Riverstone rose to 0.985, near my 0.975 target, a 3-year high. Take profit.
Top Glove rose to 0.375, near my 0.365 target, a 2-year high. Take profit.
Medtecs and UGHealthcare are not at 2-year highs yet. Maybe can buy.
$UGHealthcare(8K7.SG$ $Riverstone(AP4.SG$ $Top Glove(BVA.SG$
Riverstone rose to 0.985, near my 0.975 target, a 3-year high. Take profit.
Top Glove rose to 0.375, near my 0.365 target, a 2-year high. Take profit.
Medtecs and UGHealthcare are not at 2-year highs yet. Maybe can buy.
$UGHealthcare(8K7.SG$ $Riverstone(AP4.SG$ $Top Glove(BVA.SG$
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$Riverstone(AP4.SG$
Riverstone had a healthy cash balance of RM$875.4m as at end-2023 and reported RM249 million in net operating cashflow for 2023.
Will it deliver a dividend yield of ~10%?
Riverstone: Will it deliver 2024 dividend yield of ~10%?
$Top Glove(BVA.SG$ $Medtecs Intl(546.SG$ $UGHealthcare(8K7.SG$
Riverstone had a healthy cash balance of RM$875.4m as at end-2023 and reported RM249 million in net operating cashflow for 2023.
Will it deliver a dividend yield of ~10%?
Riverstone: Will it deliver 2024 dividend yield of ~10%?
$Top Glove(BVA.SG$ $Medtecs Intl(546.SG$ $UGHealthcare(8K7.SG$
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Columns Riverstone's turnover surpassed a 6-quarter high and distributed a 4-point Interim Dividend (RM)
$Riverstone(AP4.SG$
Today, RIVERSTONE, which is listed in Singapore 🇸🇬, announced its latest results, with net profit growing 54.3% year-on-year. The chart below shows RIVERSTONE's turnover and net profit over the past few years:
The latest quarterly turnover was RM249.5 mil, and management said that the supply relationship had returned to normal. It is expected that the next few quarters will be very good with the recovery of semiconductors and consumer electronics products. Therefore, FY2024's annual turnover is likely to exceed RM1,000 mil and is expected to grow by more than 10%.
Since RiverStone focuses on cleanroom gloves, it is a relatively niche market. After this pandemic, the company's net profit margin was even scarier than before the pandemic, reaching 28.9%. One reason is due to the sharp increase in cash and the environment of high interest rates. In the case of RM947.64 mil cash and 0 bank loans, the company can earn higher interest income.
The company has a positive outlook, with supply and hope to return to normal, with major customer sectors recovering in semiconductors and consumer electronics. In addition, the company is expected to pay a 4-point dividend (RM) in Q1, which is equivalent to a payout ratio of 82.1%. In an environment where profits are returning to growth, Riverst...
Today, RIVERSTONE, which is listed in Singapore 🇸🇬, announced its latest results, with net profit growing 54.3% year-on-year. The chart below shows RIVERSTONE's turnover and net profit over the past few years:
The latest quarterly turnover was RM249.5 mil, and management said that the supply relationship had returned to normal. It is expected that the next few quarters will be very good with the recovery of semiconductors and consumer electronics products. Therefore, FY2024's annual turnover is likely to exceed RM1,000 mil and is expected to grow by more than 10%.
Since RiverStone focuses on cleanroom gloves, it is a relatively niche market. After this pandemic, the company's net profit margin was even scarier than before the pandemic, reaching 28.9%. One reason is due to the sharp increase in cash and the environment of high interest rates. In the case of RM947.64 mil cash and 0 bank loans, the company can earn higher interest income.
The company has a positive outlook, with supply and hope to return to normal, with major customer sectors recovering in semiconductors and consumer electronics. In addition, the company is expected to pay a 4-point dividend (RM) in Q1, which is equivalent to a payout ratio of 82.1%. In an environment where profits are returning to growth, Riverst...
Translated
![Riverstone's turnover surpassed a 6-quarter high and distributed a 4-point Interim Dividend (RM)](https://sgsnsimg.moomoo.com/sns_client_feed/102129971/20240509/70cdd4b2e9b2176e9812a77068333ed5.jpg/thumb?area=104&is_public=true)
![Riverstone's turnover surpassed a 6-quarter high and distributed a 4-point Interim Dividend (RM)](https://sgsnsimg.moomoo.com/sns_client_feed/102129971/20240509/2b7dc6eac7ca43361573bcb0d42cc012.jpg/thumb?area=104&is_public=true)
![Riverstone's turnover surpassed a 6-quarter high and distributed a 4-point Interim Dividend (RM)](https://sgsnsimg.moomoo.com/sns_client_feed/102129971/20240509/3615fe229826e154c6ee9fc34c69e444.jpg/thumb?area=104&is_public=true)
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$Riverstone(AP4.SG$
Riverstone reported good results.
Riverstone reported a net profit of RM72.2 million (S$20.7 million) for the first quarter of its 2024 fiscal year ended Mar 31, a 54.5% increase from RM46.7 million for the same period a year earlier.
This marks its fifth consecutive quarter of sequential growth, said the company in a bourse filing on Thu (May 9).
Results were primarily driven by higher sales volume from the cleanr...
Riverstone reported good results.
Riverstone reported a net profit of RM72.2 million (S$20.7 million) for the first quarter of its 2024 fiscal year ended Mar 31, a 54.5% increase from RM46.7 million for the same period a year earlier.
This marks its fifth consecutive quarter of sequential growth, said the company in a bourse filing on Thu (May 9).
Results were primarily driven by higher sales volume from the cleanr...
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$Top Glove(BVA.SG$
Resistance bo at 0.26. Other glove stocks are joining the rally as I mentioned.
$Riverstone(AP4.SG$ $Medtecs Intl(546.SG$ $UGHealthcare(8K7.SG$
Resistance bo at 0.26. Other glove stocks are joining the rally as I mentioned.
$Riverstone(AP4.SG$ $Medtecs Intl(546.SG$ $UGHealthcare(8K7.SG$
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