That right, if nothing goes wrong, Riverstone this coming Q4'15 EPS will be 12cents+ based on 15% new expansion line upside on Oct, good USD vs RM currency + low raw nitrile material cost. Some more market demand for glove overtake supply. Let see coming result qtr result. TP $1.50 range after bonus issue.

Any update on Riverstone EGM? Pls share for those who join.

Plam oil is always like that, start plant require cash/fund/debts to build empire. Once it empire steady and cash generated machine, it will be an auto-pilot for next 18yrs. This counter will be the next shine palm oil for this year.. it's CAGR 21% compounding for next 3 yrs, now Bumitama just sit and collect money as all it palm tree is 6-7yrs now with FFB nucleus oil >24%, 107% growth vs Q1'FY13. Strongly believe this counter will start give dividents moving forward. Since CPO price is up ard ~RM2700/tan metric, I believe will share price will skyrocket this yr. Target $2.00 before end of this year 2014.