Riverstone Holdings

Broker's Calls

Have Riverstone shares priced in all the positive news?

SINGAPORE (Aug 7): CIMB and Maybank are taking opposite sides when it comes to rating Riverstone.

Broker's Calls

Rise in gas tariff will only minimally impact Malaysia glove players

SINGAPORE (July 17): DBS is remaining positive on Malaysia’s glove manufacturers despite the recent gas tariff hike.

Broker's Calls

Riverstone gets a rerating as 1Q sees snappy improvement

SINGAPORE (May 8): CIMB is upgrading Riverstone Holdings to “add” and revising its target price to $1.11 from $0.91.

Broker's Calls

Riverstone posts 24% rise in 1Q earnings to $10.8 mil on higher demand, production capacity

SINGAPORE (May 4): Riverstone Holdings, the Malaysia-based manufacturer of specialised cleanroom and healthcare gloves, reported a 23.7% rise in 1Q17 earnings to RM33.6 million ($10.8 million) from a year ago.

Broker's Calls

Expansion on track for Riverstone but oversupply fears hold back Maybank

SINGAPORE (Feb 24): Maybank Kim Eng is maintaining its “hold” call on Riverstone Holdings given the lacklustre outlook from an oversupply situation.

Stocks To Watch

CityDev, Genting, SembMarine, Best World, Breadtalk, Riverstone

SINGAPORE (Feb 23): Here are some stocks that could move the market this Thursday morning.
Riverstone Holdings

Broker's Calls

Riverstone to see gradual recovery as expansion plans remain on track

SINGAPORE (Dec 14): UOB Kay Hian is keeping its “hold” call on glovemaker Riverstone Holdings amid expansion at its Taiping plant in Malaysia going according to plan.

Broker's Calls

Growth of Riverstone on track despite repatriation rule

SINGAPORE (Dec 8): Maybank Kim Eng is maintaining its “hold” call on Riverstone Holdings with a target price of 92 cents, saying the recent correction to its stock price has been overdone.
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