06-11-2015, 11:25 AM
(This post was last modified: 06-11-2015, 02:48 PM by CityFarmer.)
The company announced a bonus issue of 1-for-1. The bonus issue will improve the liquidity of the company. The last 10-day average volume is 255,000 shares, as of today.
The company 9M2015 result is fantastic. Net profit growth 114%, over a growth of 47% in revenue. I have missed a gem indeed, but still need to stick to my view. The MYR and oil price impacts, couple with rapid supply expansion of the market, shouldn't be ignored over a mid term.
Anyway, my sincere congratulation to shareholders. What a fantastic ride on the company in the last 1-2 years for its shareholders.
(not vested)
9M2015 Press Release
http://infopub.sgx.com/FileOpen/Riversto...eID=376802
Bonus issue
http://infopub.sgx.com/FileOpen/Riversto...eID=376883
The company 9M2015 result is fantastic. Net profit growth 114%, over a growth of 47% in revenue. I have missed a gem indeed, but still need to stick to my view. The MYR and oil price impacts, couple with rapid supply expansion of the market, shouldn't be ignored over a mid term.
Anyway, my sincere congratulation to shareholders. What a fantastic ride on the company in the last 1-2 years for its shareholders.

(not vested)
9M2015 Press Release
http://infopub.sgx.com/FileOpen/Riversto...eID=376802
Bonus issue
http://infopub.sgx.com/FileOpen/Riversto...eID=376883
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡