THE CONTEXT
• Like its Malaysian glove-producing peers, Riverstone Holdings is riding on a recovery in demand for its products. But in so many ways, Riverstone is heading in ...
• Glove-manufacturing is a highly competitive business. Profits have eluded many regional players in recent years. Except for Singapore-listed Riverstone Holdings. • That's why its stock is ...
Riverstone manufactures gloves mainly from its base in Taiping, Malaysia. Its other factories are in Malaysia, Thailand and China. • A glove is a glove -- to the uninitiated. But there is a wide ...
Riverstone (market cap: S$1.15 billion) manufactures gloves for the cleanroom and healthcare sectors. • In recent years, Riverstone Holdings has proven to be an outperformer among glove producers. ...
Inset: Executive Chairman & CEO Wong Teek Son As the chart shows, a profit recovery was underway for Riverstone Holdings for 4 consecutive quarters in 2023. Question is, will the trajectory ...
• Singapore-listed Riverstone Holdings has long been tracked by CGS-CIMB. Given its familiarity with the company, the broker has deep insights into Riverstone's prospects. • That shows in the ...
• The oh-so-good peak pandemic profits are definitely over for glove producers like Singapore-listed Riverstone Holdings. • Not only has demand for healthcare gloves normalised but supply ...
• Riverstone Holdings' 1Q23 net profit from manufacturing and selling gloves was decent at RM47m (S$14m). Never mind that it is a sharp 57% fall from the same quarter a year ago when the pandemic was demanding ...
There are gloves and there are gloves. Riverstone Holdings produces two types -- for use in cleanrooms of principally semiconductor and electronic companies, and for use in healthcare settings ...
... Singapore-listed Riverstone Holdings, fortunately, has a segment that continued to thrive: gloves for the cleanroom in high-tech manufacturing. That, in a nutshell, explains why Riverstone was still ...
Excerpts from CGS-CIMB report Analyst: Ong Khang Chuen, CFA Riverstone Holdings Staying nimble during challenging times
■ 3Q22 net profit of RM63m (-76% yoy) in line with expectations; RSTON commenced ...
Last week, following the release of Riverstone Holdings' FY2021 results, we published excerpts of a CGS-CIMB report. Check it out: RIVERSTONE: Trading at attractive 7.2x CY23F ex-cash P/E
Below we focus ...
Riverstone Holdings' CEO Wong Teek Son (photo) has been buying his company's shares in the open market in the past week or so, as follows:
Date
No. of shares bought /price
Value ...
Excerpts from CGS-CIMB report Analyst: Ong Khang Chuen, CFA
Riverstone Holdings
Valuations attractive at current levels
■ 3Q21 net profit of RM266.4m (-48% qoq, +49% yoy) ...
Excerpts from CGS-CIMB report Analyst: ONG Khang Chuen, CFA
Tailwinds subsiding ■ Riverstone Holdings’ (RSTON) 2Q21 net profit came in at RM518m (-0.9% qoq), above expectations, as volume weakness ...