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Riverstone Holdings (RS)
Broker's Calls
UOB Kay Hian upgrades Riverstone to ‘buy’ with higher TP of 82 cents
The upgrade comes as UOB Kay Hian sees that the recovery in the semiconductor industry will benefit the cleanroom glove segment.
January 26, 2024
Broker's Calls
RHB upgrades Riverstone to 'neutral' on cleanroom margins; DBS cuts TP estimate on lower ASP assumption
RHB has upped its TP to 74 cents, while DBS has lowered its TP to 97 cents.
February 24, 2022
Property
Riverstone Holdings subsidiary acquires land in Selangor for RM5 mil
The acquisition will be funded from internal resources and will not have any material impact on the group's EPS or NTA this FY.
January 19, 2021
Billion Dollar Club 2020
Glove makers Riverstone and Top Glove in the lead; storied brand Haw Par wins for earnings growth
Riverstone Holdings a top counter to watch
December 11, 2020
Broker's Calls
Riverstone is a 'diamond' to have, says RHB
RHB Securities is initiating coverage on Riverstone Holdings with a ‘buy’ call and target price of $5.45.
October 29, 2020
Broker's Calls
It's raining gloves and Riverstone is looking at higher revenue in the next three years: UOB Kay Hian
Riverstone is a key company to lookout for
October 28, 2020
Broker's Calls
Riverstone to record 'stronger sequential earnings' in 3Q2020: CGS-CIMB
CGS-CIMB Ong is reiterating his “buy” or “add” call on Riverstone Holdings at a revised target price of $5.55.
August 07, 2020
Broker's Calls
Riverstone raises interim dividend to 4 sens after 119.3% surge in 1H2020 earnings
Looking ahead, DBS Research Group analyst Lee Keng Ling expects earnings for 2H2020 to be “even stronger”, as the company benefits fully from the higher ASPs and margins.
August 06, 2020
Broker's Calls
Gloves continue to prove their investment worthiness
“The glove companies’ earnings will be further boosted by expanded margins as raw material prices remain low, selling prices continue to grow, USD continues to strengthen over the RM and expansion plans remain intact for the glove producers,” AmBank says.
July 07, 2020
Investing ideas
Glove-makers achieving 'supernormal' earnings, but will the trend continue?
Scoop up Top Glove, Riverstone and UG Healthcare - analysts say.
June 19, 2020