NOTICE IS HEREBY GIVEN that the Share Transfer Books and Register of Members of Riverstone Holdings Limited (the “Company”) will be closed on 3 May 2016 for the preparation of dividend warrants for the proposed final tax exempt (1-tier) dividend of 5.25 (RM) per ordinary share for the financial year ended 31 December 2015. Duly completed registrable transfers received by the Company’s Share Registrar, Boardroom Corporate & Advisory Services Pte. Ltd. of 50 Raffles Place, Singapore Land Tower #32-01, Singapore 048623 up to 5.00 p.m. on 29 April 2016 will be registered to determine shareholders’ entitlements to the said proposed dividend. Members whose securities accounts with The Central Depository (Pte) Limited are credited with shares at 5.00 p.m. on 29 April 2016 will be entitled to the said proposed dividend. Payment of the said proposed dividend, if approved by the members at the Annual General Meeting to be held on 18 April 2016, will be made on 20 May 2016.
i'm going to bet it will go up, support by higher earning from completion phase 3 expansion and lower cost for material. It still have some help from FX gain :)
Cash flow statement review As at 31 March 2016, the Group generated positive operating cash flow of RM13.3 million and exercised RM13.0 million for investing activities mainly for the purchase of PPE and installments paid for the purchase of a piece of land. As at 31 March 2016, the Group continues to remain debt-free with a resilient balance sheet comprising RM123.8 million worth of cash and cash equivalents.
Margin coming down as competition intensifies...the new expanded capacities by larger peers all coming on stream...even demand remains firm, supply-side will sure bring asp downward. Expect massive de-rating months ahead for this sector which has over-enjoyed peak valuation for past 2 years.
Despite seeing a better long-term prospect from further boost in its production capacity, I'm very concerned on the industry over capacity could lead to intense price competition. Expect poorer 2Q.
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Chat
New Update. Discover investment communities that resonate with your ideas
Latest Videos
0:17
New IPO: Pantech Global Berhad, a manufacturer of butt weld pipe fittings and welded pipes, aims to list on the Main Market!
MQ Trader 238 views | 1 d ago
0:17
New IPO: ES Sunlogy Berhad, a provider of mechanical and electrical (M&E) engineering services and renewable energy solutions, aims to list on the ACE Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
alibabacoming
11 posts
Posted by alibabacoming > 2016-03-07 17:25 | Report Abuse
Posted by ktan1979 > Mar 7, 2016 04:54 PM | Report Abuse
??? Down till .88 why?
fortune teller, what else?