Did you missed buying RceCap when it was 78 cts after consolidation?
To day RceCap is in headline news because of increased earnings.
When up more than 100% the market sit up and take notice?
Time to buy is when market still don't know.
Now let Calvin tell you a secret
ANOTHER RCECAP IN THE MAKING:
Islamic Pawn Shop!!
Joint Venture between Bank Maumalat & POS OFFICE. Both owned by DRB! Wuhu!
GIVING OUT MONEY LENDING THROUGH ISLAMIC PAWN SHOP!
Very safe just like RceCap got Govt loan deduction.
To pawn something you must have collateral like Gold, expensive watch or other items of Value. If can't redeem pawned items? POS/Bank Maumalat can sell it off by bidding.
And times are bad due to inflation & GST!
So more people will need to borrow monies. The margin of profit in pawn shop is very good. Almost like "Ah Long" rates!!
And there are 700 POS OFFICES THROUGHOUT MALAYSIA.
Imagine the obscene profits DRB going to reap!!!
Calvin has a Target Price for DRB at Rm2.80
SO BUY WHEN THE BUYING IS STILL CHEAP!!
BUY BEFORE DRB FLY AWAY LIKE RCECAP!!
HIP HIP HOORAY!!
Calvin (partners for prosperity)