Riverstone Holdings

[Xiaosaint]

I have been looking at Riverstone recently. Financially sound with good track record.

But my concern is whether there is any real economic moat at all. As a lab user, I use a lot of nitrile gloves in my line of work. However, i notice that there is little to no brand awareness in that as long as it is nitrile gloves, we are happy to use them. As such, the company's focus during procurement is mainly the price. This makes nitrile gloves somewhat like a commodity whereby the one that can sell you the cheapest gloves win.

I'm not sure if this is the same case as those in the industries that require cleanroom facilities though. But the "contracted production line" concept sounds like a good way to mitigate revenue fluctuation

-Not vested-


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