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Riverstone Holdings Limited
Results
Riverstone Holdings reports FY2022 earnings of RM314.4 mil, 77.8% lower y-o-y due to the normalisation of ASPs
The group has declared a final dividend of 10 sen per share and a one-tier special interim dividend of 8 sen per share.
February 23, 2023
Broker's Calls
CGS-CIMB downgrades Riverstone Holdings to 'hold' on weaker prospects for healthcare glove industry
CGS-CIMB has also lowered its target price to 80 cents in line with its earnings per share cuts.
August 15, 2022
Results
Riverstone Holdings reports earnings of RM108.7 mil for the 1QFY2022, down 79.2%
“This normalisation trend was evident since 4QFY2021 and is similar in 1QFY2022,” says the group in its May 10 statement.
May 10, 2022
Broker's Calls
Switch from leaders to laggards like ComfortDelGro, FCT, Genting Singapore, ART, CDLHT and ThaiBev: DBS
The analysts estimate that the STI will be trading between support at 3,200 to 3,250 points with near-term resistance at 3,408.
May 06, 2022
Broker's Calls
Recent drop in Riverstone's share price presents 'buying opportunity’': DBS
The brokerage has lowered the company’s TP to $1.28 to reflect a more ‘normalised environment’.
October 05, 2021
Broker's Calls
Brokers' Digest 967
Brokers' stock picks this week: ComfortDelGro, OCBC and Riverstone Holdings.
January 15, 2021
Broker's Calls
Riverstone Holdings outperforms with gloves in high demand, say analysts
Against the backdrop of the Covid-19 pandemic, cleanroom product manufacturer Riverstone Holdings is seeing “outperformance” that is expected to continue into the next quarter.
July 09, 2020
Broker's Calls
Riverstone gets an upgrade on 1Q earnings surprise
SINGAPORE (May 5): Lim & Tan Securities is upgrading its call on Riverstone Holdings from “hold” to “buy” while upping its 2017 and 2018 net profit forecasts for RM140 million ($45.3 million) and RM 150 million respectively, from RM120 million and
May 05, 2017