Surely will sell partially Airasia on monday

@calvintaneng ALL EYES ON YOU MAN, SHOW HIM YOUR ACCOUNT AND SHUT HIM UP yewyin33@gmail.com

@calvintaneng, how can you tolerate kyy's comment saying you still poor. Email him your bank statement=)

Lol, PE already so low, still managed to drop so much today?

Stay strong Jon, the business is still going as usual.

I am wondering why calvin so actively defaming sendai even though he did not own this counter. I can think of few reasons:
1) He want everyone to sell so that he buy from bottom.
2) Previously he got burnt by this sendai
3) Good guy calvin want to save us all from KYY

@lala23, didn't you hear BN scolding Robert Kuok when they know Robert had financial supported the opposition? KYY speaking the truth and you refuse to listen, sad.

So many people worried about kyy on his money invested, thank god kyy have you guys.

Hey guys, someone whisper to me that KYY buying HY by selling Jaks today. Later he gonna buy back JAKS using HY profit.

Seems like Uncle Koon doesn't like the decision of private placement. This happened on sendai last year.

Understand that you are very technical. Would like to inform you some fundamental information that Econbhd's letter of award are indeed fixed-price contract (which you can refer to the annual report FY2017), which means that they will unable to transfer the increasing steel price & cement to others. Construction may not so attractive this year eventhough there are many upcoming projects.

@You_and_Mee burned his hand twice on this counter. Hard to tell he will "re enter" again when the price rebound.

What if you buy a stock based on his stock selection before he invested that stock? Instead of posting article criticizing him, why not do more research on searching turnaround stock?

Agreed to Master123, when the price dropped to 0.95 last week, you fear to enter. Now up to 1.02 you said good time to buy in?

It will rebounded one day and subsequently decline slowly to below 1.34

Always looks like undervalued but once entered, kena trapped.

This is what we call value trap.

So now the immediate resistance is 0.990 and 1.010 based on selling force on 09.03.2018

2million shares queuing on selling at 0.990 dated 09.03.2018

Somemore you deleted your comment, sad.

@Yu_and_Mee cut loss again? Last time you exit at Feb'18 when it dropped until 1.06. I tot you mention holding for long term?

@leek, you get the number 1.20 from the temple?

To be prudent, the TP set by AMMB is RM 2.22 On Oct'17 which means RM 0.89 after bonus & warrant. Long way to go.

Hahaha people keep panic selling this share and the P/E reached 15.7 times.

52 weeks low RM 1.38

I didn't recommend a buy or sell recommendation on this stock but just share my investing experience in RCECAP. You might refer to @Jon Choivo research as he did a wonderful job on evaluating this counter.

If the coming soon quarter result came out to be good, the share price in the first day will be shot up and subsequently those who trapped for too long will start to take profit or cut loss and pushing down the share price.. You can refer to the price chart and checked to the quarter result announcement date. However if the coming soon quarter result came out is lower than market expectation, good luck and have fun.

Why RCECAP has low P/E of 5-7 and good fundamental but share price can't go up?
1) Company has less free float in market. (3 shareholders holding 60.82% of total shares of the company & 169 shareholders holding 81% total shares, which mean only 19% free float in the market in accordance to Annual Report 2017).
2) Deteriorating expected loan approval rate in Malaysia
3) Higher impairment loss due to MFRS 9 on FY2019 for RCECAP. Kindly refer to " https://www.pwc.com/my/en/assets/press/170911-theedge-banks-brace-for-mfrs9-impact.pdf ", Investor may overreact on this issue.
3) Company keep issuing the ESOS to their employee with lower price in past few year.
4) Lower predictability of the operation in banking industry compared to manufacturing, construction, property development and etc.
5) This counter has weak investor sentiment.
6) The recent increase in OPR by bank negara bring minimum benefit to RCECAP.

The investor sentiment on construction counter went to peak and deteriorated since middle of Jan'18.

What is your source regarding of the bad news? Tell me more.

Chaos in the management board are unhealthy. Hope we can together survive this worst situation.

说好的一起飞呢？

Probably this is the chance for you to collect more?

A good result which within the market expectation will not push up the share price. The unbilled order book of RM 1.27bln had been reflected in current share price. The share price will only go up upon receiving the new Letter of Award. Their current concern is the less than expected margin due to inflated price of cement & steel.