Riverstone Holdings

In print this week

Hong Kong investor and EPF pare stake in Interra Resources, Riverstone respectively

Interra Resources has started drilling another well in Myanmar
Top Glove comes up tops; Riverstone scores for ROE - THE EDGE SINGAPORE

Billion Dollar Club 2021

Top Glove comes up tops; Riverstone scores for ROE

Top Glove comes out tops in the healthcare services and pharmaceuticals sector, while Riverstone Holdings delivers the best ROE.

Broker's Calls

Broker's Digest: AEM, Genting Singapore, Riverstone Holdings, Far East Orchard

See the analysts' recommendations and target prices here.
DBS, CGS-CIMB trim Riverstone TP as glove prices ease - THE EDGE SINGAPORE

Broker's Calls

DBS, CGS-CIMB trim Riverstone TP as glove prices ease

“We expect sequentially weaker results for the segment going forward, due to lower production volume and lower ASP."

Broker's Calls

RHB stays 'neutral' on Riverstone on downtrend in glove prices

RHB believes glove prices have peaked in 1Q21.

Results

Riverstone reports 656.8% earnings jump

Riverstone is expanding its capacity to 15 billion pieces per year by FY2023.
RHB downgrades Riverstone to 'neutral' due to lower earnings estimates and Covid-19 restrictions - THE EDGE SINGAPORE

Broker's Calls

RHB downgrades Riverstone to 'neutral' due to lower earnings estimates and Covid-19 restrictions

RHB Group Research has downgraded Riverstone to a target price of $1.30 from $1.85.
Thai, Chinese glove makers muscle in as demand spikes - THE EDGE SINGAPORE

Covid-19

Thai, Chinese glove makers muscle in as demand spikes

With the global vaccine roll-out underway and Chinese glove manufacturers joining the fray, could oversupply be on the cards?
Riverstone to continue benefitting from strong glove demand: analysts  - THE EDGE SINGAPORE

Broker's Calls

Riverstone to continue benefitting from strong glove demand: analysts

The analysts believe strong demand will sustain Riverstone's earnings for FY21, despite selling prices potentially plateauing.
Riverstone Holdings posts 1,021.7% jump in 1QFY21 earnings - THE EDGE SINGAPORE

Results

Riverstone Holdings posts 1,021.7% jump in 1QFY21 earnings

The company will have the capacity to make 15 billion pieces of gloves per year by end of 2023
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