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Riverstone Holdings Limited
By Mr. IPO  •  February 13, 2013
I added 10 lots of Riverstone Holdings Limited today at 47c to my SRS account. I decided not to wait any more.

Riverstone is engaged in the production of cleanroom and healthcare gloves as well as other healthcare consumables. 

Financial Performance (Sourced from Capital IQ)


Revenue has bee increasing steadily over the last 5 years and the net income margin has maintained above 10%. The Company is trading at a historical PE multiple of around 9.9x and has an implied yield of around 5.1%. The Company is financing its growth internally and currently has a huge pile of cash with zero debt. 

What I like about the Company
  • Zero debt and healthy cash balance.
  • Expanded its capacity due to increased is demand for its products (Please refer to announcements made by company)
  • Recurring income as the items are consumables in the healthcare sector. 
  • Probably this ...
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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