Once u get used to spending future money and loan to spend, more money means more spending. They will only borrow more because the DSR allowed them to borrow more now. So, yes, with increment, they will spend more and borrow more.
When Maybank downgrade from buy to hold with target price 2.44, the share price is still higher than 2.44. No one mention this here. When Maybank upgrade to buy now, ppl keep sharing this. Why?
If I'm civil servant, I do not need to save a lot since I have pension. After I pass away, my wife will inherit my pension. So why worry. If children cannot get scholarship, there is always PTPTN. interest 1 percent only. Now is high inflation era, money depreciate very fast. So spend lo, if not enough money borrow lo, else if you buy later, thing will become 10 or 15 or 20 percent more expensive. Anyway, iron rice bowl ma.🙂 Must enjoy life ma.
Shares in RCE Capital Bhd (KL:RCECAP) surged on Tuesday, and were on course for their biggest single-day gain in more than six years, following a proposed one-for-one bonus share issue.
RCE Capital rose as much as 28 sen, or nearly 10%, its steepest climb since May 2018. The stock hit RM3.20, its highest since Jan 26, and was trading at RM3.13 at 11.30am, giving the consumer finance company a market value of RM2.32 billion.
The stock was also more active than usual, with 1.62 million shares changing hands, quadruple the 20-day moving average.
“We are positive on this proposal, as we believe that the bonus issue will enhance the marketability of its shares”, making the stock more appealing and improve the trading liquidity, said Public Investment Bank. If the proposal goes through, RCE Capital’s target price will be adjusted to RM1.56, it noted.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jeffrey1166
612 posts
Posted by jeffrey1166 > 2024-05-02 15:53 | Report Abuse
coming fly