Riverstone: Despite a higher ROE and dividend yield, Riverstone is trading at an attractive 12.8x2016F PE vs peer average of 15.9x. UOB Kay Hian continues to like the group for its ability tosustain healthy margins and maintain its dominant market share within the high-endcleanroom glove segment.
Expansion plans are on track and production capacitywill reach 5.2b pieces by 2015.
House believes Riverstone is truly growing in stature.Maintain BUY with a higher TP of $1.59.
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