BIG4 GLOVEMAKER:- RIVERSTONE

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01 Jun 2020 09:49 #25352 by pine
Replied by pine on topic BIG4 GLOVEMAKER:- RIVERSTONE
The long-term holders of Riverstone are now thrilled at seeing the stock hit $2.40. There are some core metrics of Riverstone's dynamics that apply to Medtecs, imo. The 2Q profit of Medtecs should reflect :
1. Ramp-up in revenue
2. Higher ASP.
3. Most important: Higher operating leverage leading to much higher profit margin. Therefore, net profit will be much higher than 1Q US$3.7 million. Dyodd

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