$RIVERSTONE HOLDINGS LIMITED(AP4.SI)$Finally trading sideways with much lower turnover volume. Money potential hides where thrill and excitement is absent! At least until the next earnings date, keep a look out!
$RIVERSTONE HOLDINGS LIMITED(AP4.SI)$Why I chose Riverstone out of all the other companies. And also why projected earnings dropping more than 50% seems improbable:"In FY2018 and FY2019 ended Dec 31, the cleanroom glove segment contributed 15% to Riverstone's sales volume, whereas the healthcare glove segment made up the remaining 85%. Despite its low sales contribution, the cleanroom glove segment contributed 35% to the group's revenue and 50% to the group's gross profit."https://www.theedgemarkets.com/article/riverstone-reap-shortterm-benefits-pandemic-without-neglecting-longterm-growth
Sharing my thoughts based off the opinions and sentiments of the Tiger Community. With countless of posts cursing particular counters and generalising a stock to be "hopeless", "s***", etc. I felt a need to express my feelings with regards to selecting a company with weak management and poor prospects or seleing a stable company, but just at the wrong time. Several cases I have seen are the purchase of a regular stocks with growth potential, but at ridiculous prices. With the counter way overbought and overvalued, these unfortunate individuals then start hitting the market riding on the present sentiment. This results in the "investment" being an outright gamble as to whether or not such a bullish sentiment will continue. It is no bett