For Discussion, Rubber Futures trading in consolidation.
May break higher; Higher rubber prices may affect margin of glove making companies?
What are your thoughts?
Followed up to my Post on 28th Dec 2020 regarding on Riverstones, my views and ideas on it.
Fundamental Analysis
Upcoming 2 quarters should still deliver record high profits.
High Fair Value price given by Analyst :
1) CGS-CIMB : 2.500
2) DBS-RESEARCH : 2.030
3) RHB INVEST : 2.730
4) UOB KAH HIAN : 2.990
Technical Analysis
Mentioned Strong Support at around...
Fundamental Analysis
Upcoming 2 quarters should still deliver record high profits.
High Fair Value price given by Analyst :
1) CGS-CIMB : 2.500
2) DBS-RESEARCH : 2.030
3) RHB INVEST : 2.730
4) UOB KAH HIAN : 2.990
Technical Analysis
I think the right question to ask right now is has Riverstone bottomed? From chart perspective wise, I believe Top Glove has...
View On River Stone (4 SEPT 2019)
This is going to be an another classic example of Pump And Dump.
Reaching $3 shall be easy.
DYODD, all the best and read the disclaimer too.
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Thank You!
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