Building momentum. Keep going.

RCECAP is my STAR performer. FB LIKES!

WHY WILL RCECAP CONTINUE TO PERFORM?

Factor 5 - Implementation of CCRIS and Loan Quality

The implementation of CCRIS will reduce loan impairments and improve on loan quality, thus increasing earnings. The CEO, Mr Loh Kam Chuen, in a press interview after AGM 2016, admitted that while loan impairments are inevitable in any financial lending business, the ones in RCECAP are within manageable limits.

WHY WILL RCECAP CONTINUE TO PERFORM?

Factor 4 - Establishment of Sukuk Programme ADA

ADA, a trust-owned special purpose bankruptcy remote vehicle, successfully launched its first issuance of RM155.5 million on 21 June 2016, making this the Group’s fourth venture into the debt capital markets. The Sukuk Programme is expected to increase the capital funds of RCEM for future business growth, thus contributing positively to the earnings of the Group in future years.

WHY WILL RCECAP CONTINUE TO PERFORM?

Factor 3 - 1QFY17 EPS improved 4 folds arising from Share Consolidation and Capital Repayment

Press Release
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5172765

Quarterly Report ending 30 June
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5172765

Financial Statements in Annual Report 2016
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5155925

WHY WILL RCECAP CONTINUE TO PERFORM?

Factor 2 - Malaysian Banks Earnings

Malaysian lenders looking ahead to a tough second half of 2016 after reporting an average 10 percent contraction in earnings for the quarter through June. Here's a snapshot of how the big five banks fared.

https://youtu.be/c_jfsSuqEkM

Do you think is it easy for any individual to borrow from the banks during these challenging times? Who would they turn to?

While paying my car loan through Toyota Capital at Maybank, I grinned when I noticed that the menu had been added with RCE Marketing, a subsidiary of RCE Capital. Some individuals are repaying their loans through RCE Marketing.

Those GORENG stocks (some loss-making ones) with positive or negative momentum also skyrocket under clinically-engineered trading (a.k.a price movements).

Candygirl, thanks for your sweet breaking news.FB LIKE

WHY WILL RCECAP CONTINUE TO PERFORM?

Factor 1 - Insufficient Household Income (Malaysians Big Borrowings, Little Savings)
Read this report by Khazanah Research Institute carried by STAR.

Many Malaysian households at risk of shocks
BY CECILIA KOK
http://www.thestar.com.my/business/business-news/2016/09/03/many-malaysian-households-at-risk-of-shocks/

Borrowing the tagline of Star columnist, Tan Sri Dr Lin See Yan, what are we to do? ACCUMULATE!

No matter what the market conditions are, the macro-economics tell us this is the age of smart devices, digital automation, connectivity and convergent technology. The IOT of things is definitely going to increase the demand for LED testing processes. MMSV, with its core competency in LED, stands to benefit a lot from this IOT thing.

The IOT euphoria sends loss-making Yen Global share price skyrocketing furiously until Bursa flashed the UMA RED card!

Will the same euphoria spark off MMSV share price to go higher to earn a UMA RED card from Bursa, too? Ha, ha, ha. It remains to be seen.

Edge Financial Daily, 5 Sept 2016 reports that strong LED use in smart devices and automotive lighting segments will boost a better financial year ending Dec 2016 in terms of both revenue and earnings.

MMSV FY2015 net profit came in at RM8.08 million on a revenue of RM31.29 million. It anticipates RM40 million revenue in FY2016.

The advent of IOT - the Internet of Things, which allows everyday objects to have Internet connectivity, is expected to strengthen MMSV growth and earning prospects as more and more applications will be using LED functions. And, MMSV being rightly placed, with its core competency in LED testing since listing in 2006.

Another positive factor is the strength of the greenback as most transactions are done in US dollars, which means gains from foreign currency conversion.

Furthermore, there is a proposal to transfer its listing to the main board soon.

Smart investors see its strong potential to perform in the coming quarters into 2017.

Alfred, people probably lose confidence & cautious sentiment. Lately, too much negative trade data release. Malaysia PMI is about 47. Manufacturing & export growth rate drops. Bank performance - revenue & profit also down for most banks except Public Bank. SEG offering 15 sen capital repayment stays flat @ 1.17, @ one time drops to 1.13. However, good news GUH Director Kenneth H'ung bought 173,900 shares on Aug 30 & Sep 1 @ 0.885 & 0.893.

The Sin Chew report dated 24 Aug 2016 carries breezy news about RCECAP.

Raw Google Translation paints rosy performance of RCECAP in the coming quarters into year 2017.

http://www.sinchew.com.my/node/1560417/呆账负债比水平适中．rce资本全年成长可期

RCECAP my darling counter. Waiting for durian runtuh at the next 2nd, 3rd & 4th quarters.

After ex-date, Aug 26 no need to goreng will naturally drop as adjustments have to be made minus the dividend payments.

Try to be funny, see share price doesn't excite investors even after dividend being announced!

Ride on the trend, the trend is your friend. Smartly negotiate the trend, your fortune will never end.

Will this be the new normal? In previous years, GUH gives 5 sen dividend once every year. Now, 1st interim, 2nd interim? Will the 1st + 2nd interim dividend more than 5 sen?

1st Interim Dividend? GUH giving another one?

Yes, we gleefully collect.

Jackc, you are totally right. Loans taken will take several years of installment payments which means recurring income for RCE Capital and shareholders.

Yes, no worry, as paperlane2016 says. Malaysia has a very high household debt to GDP ratio at 89.1%. Read this report by STAR.
http://www.thestar.com.my/business/business-news/2016/04/02/household-debt-on-the-rise/

As long as household debt is high, people need loans (money) for many things. Remember that consumer loan financing is RCECAP's strongest fee-based high income-earner. A ready loan base comes from the 1.6 million civil servants in the country.

In the media release on 10 Aug, RCECAP management said, "Despite the challenging business outlook, the positive momentum in the Group’s consumer loan financing segment is expected to continue." You see, the following 2nd, 3rd & 4th Quarters will excel too.

Cautious investor sentiment admist recent noises in market.

Yesterday, I bought another 25,000 units.

Don't worry. RCE Management has solid cash assets for 991 SHARE BUYBACK STABILISER.

Yes, buy, buy, buy. Continue to enjoy in this RCE money-making carnival.

Don't care what people think. It's what you think. You pay for the money game. The proof of the pudding is in the eating (of RCE bountiful durian runtuh earnings - capital repayment, equity value enhancement, 3.5 sen dividend, buy/sell or sell/buy also untung) Someone once said, KISS, Keep It Simple, Stupid! Bruce Lee says, Simplicity is Beauty. 1 Kali enough lah. BANG, BANG, BANG Kaw, kaw. No need big philosophy. Buy/sell/buy/sell all MENANG.
Got back all my principal capital plus dividend, profits kaw, kaw. Yesterday, 16 Aug for the 1st time in 3 years, after banging out everything for a solid home run, I cease to be a shareholder of my darling stock, RCECAP! Ha, ha, ha. Today, market red, but make another sweep another 25K for intraday trading fun and to remain as an RCECAP shareholder.

QR (maybe favourable) releasing today or tomorrow? Share buyback booster? Market tells everything. Something brewing ...

Panorama, when market is red, keep green. When people fear, stay gear. You will get cheap pasar malam offers! At minimum, RCECAP share buyback program will give support at 1.16.

Hi, Siti. Have good harvest this season?

Paperplane2016, 2nd round share reduction & consolidation is better! (than bonus issues) Ha, ha, ha.

Heavyduty holders with volume and price power

I scooped 20,000 @ 1.10. Seems big Q2S @ 1.10

adamdacutie, you may try your luck at 1.10.

Quoted from StockGod, @ investlah.com

Revised target

EPS 5.40 sen x 4 = 21.60 sen x PE 10 = RM2.16 per share

Yes, after the weekend breather, hope to see RCECAP steadily building up momentum until 26 Aug.

BEZA, you are wrong. All significant data should and can be verified at Bursa Malaysia.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4351985
http://www.bursamalaysia.com/market/listed-companies/company-announcements/959453
http://www.bursamalaysia.com/market/listed-companies/company-announcements/3610673

It looks like RCECAP wants us to play profitably in the money-earning game in a tactically-engineered mode so as not to distort its equity value while trying not to invite UMA red card.

Wondering why no share buyback despite the renewal of authority? Does it mean GUH is cash-rich enough to absorb the decreasing share price? The last announcement of share buyback was 7 March 2016, 10,000 units @ 0.90 with Treasury shares accumulating 14,044,400. Based on Annual Report 2015, total equity firepower is more than RM392 million. Why is the share price allowed to drop just like that without any intervention? Does it mean GUH is confident of the coming QR ending 30 June as a catalytic booster to revive its fortune?

Go Marco, Noah, the ESOS issue keeps buzzing in my mind too. Will the newly-created 637,000 ESOS units be injected into trading so as to engineer another limit up? (Today limit up @ 1.08)

Go, go, go. Go on buying & selling spree & make your today GLEE!

Let's hope RCECAP will fly high high tomorrow and days to come until ex-date Aug 26. Let's profit high high together, too.

A Stellar 1Q FY2017 Performance By RCE Capital Again

RCE CAPITAL BERHAD
(Company No. 2444-M)

MEDIA RELEASE
10 August 2016

4 FOLDS INCREASE IN EARNINGS PER SHARE (“EPS”) FOLLOWING SHARE CONSOLIDATION AND
CAPITAL REPAYMENT

 1QFY17 EPS improved 4 folds arising from Share Consolidation and Capital Repayment
 Higher revenue of RM51.9 million on the back of 15.8% loans growth

 110.8% increase in profit before tax (“PBT”), with corresponding 153.6% increase in PAT against
previous quarter

 Successful first issuance of RM155.5 million via Al Dzahab Assets Berhad’s (“ADA”) Sukuk
Murabahah Asset-Backed Securitisation Programme of up to RM900.0 million (“Sukuk
Programme”)

KUALA LUMPUR: Following the completion of the exercise to reduce RCE Capital Berhad’s (“the
Group”) issued and paid-up share capital from 1,363,809,945 to 340,952,486 ordinary shares, EPS
improved 4 folds from a pre-consolidated EPS of 1.35 sen to a post-consolidated EPS of 5.40 sen in 1QFY17.

Against the corresponding period, the adjusted EPS climbed 82.4% from 2.96 sen to 5.40 sen driven by improved earnings. Accordingly, net assets per share increased from RM0.45 a year ago to RM1.16.

Meanwhile, total revenue stood at RM51.9 million, up 38.4% as compared to RM37.5 million a year
ago, driven primarily by higher interest income of RM8.2 million against loans growth of 15.8%, as well as a RM6.4 million higher fee-based income arising from improvement in business terms.
Arising thereof, PBT improved from RM11.1 million to RM23.4 million, reflecting a 110.8%, increase
against the previous quarter.

Correspondingly, PAT saw a 153.6% jump in 1QFY17, up RM10.6 million, from RM6.9 million in the
previous quarter to RM17.5 million.

On the corporate front, the Group established a Sukuk Programme via ADA backed by loan receivables originated by RCE Marketing Sdn Bhd (“RCEM”). ADA, a trust-owned special purpose bankruptcy remote vehicle, successfully launched its first issuance of RM155.5 million on 21 June 2016, making this the Group’s fourth venture into the debt capital markets. The Sukuk Programme is expected to increase the capital funds of RCEM for future business growth, thus contributing positively to the earnings of the Group in future years.

Despite the challenging business outlook, the positive momentum in the Group’s consumer loan
financing segment is expected to continue. Nonetheless, the Group remains focused on quality loans with continued vigilance on managing asset quality and ensuring operational efficiency through process simplification initiatives to enhance competitive advantage with the objective of meeting customers’ requirements.

ANY CHANCE OF A SPECIAL DIVIDEND?

Announcement of dividend probably Aug 18 together with release of Quarterly Report ending 30 June. Chart presently showing sharp descent. If 2Q report is unfavourable, then this Penang lembu is going down into the mud.
A few corporate publicity attempts by the management to highlight the so-called RM120 million unbilled sales don't seem to excite investors sentiment. Give good 2Q report with enticing high dividends, then only the price will soar again.

TOP 5 Highest Dividen-paying companies ( August 16 )
Author: TopShare | Publish date: Tue, 2 Aug 2016, 01:58 PM

This is the list of companies with highest dividen-paying that ex-date is on AUGUST not whole year. For some, please read carefully and stop being ignorant and accusing me of being a liar. Thanks!! Based on all the announcement made and price on 02/0816.

5 ) AHP/ RM 1.02= 2.95% ( 18/8/2016 )

4 ) TNLOGIS/ RM 1.64= 3.05% ( 26/8/2016 )

3 ) PERSTIM/ RM 6.32= 3.17% ( 03/8/2016 )

2 ) PANSAR/ RM 0.45= 4.44% ( 24/8/ 2016 )

1) RCECAP/RM 0.75= 4.67% ( 26/08/2016 )

Visit my blog for more information. Thanks :)

http://topshare94.blogspot.co.id/

TA with positive volume confirmation Monday, can jalan. Come August with 30 June Quarterly Report, lagi jalan.

RCE Capital Bhd ranks 23 out of 50 Top Dividend Paying Firms for the past 5 years, according to data compiled by the weekly TheEdgeMarkets in the July 24-31 issue. In terms of percentage for 1 year, RCECAP ranks 3, while for 5 years, it ranks 4. RCE CAPITAL stands tall among the 50 top firms too!