RCE CAPITAL BHD

KLSE (MYR): RCECAP (9296)

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Last Price

1.93

Today's Change

-0.01 (0.52%)

Day's Change

1.93 - 1.95

Trading Volume

372,300


8 people like this.

3,822 comment(s). Last comment by observatory 1 week ago

Posted by Iseeyoubuy > 2022-01-06 06:30 | Report Abuse

Another good time to buy in...

ss2760

1 posts

Posted by ss2760 > 2022-01-07 17:35 | Report Abuse

when are we expect the bonus share in our account ?

Moolala

86 posts

Posted by Moolala > 2022-01-07 23:07 | Report Abuse

17 jan

mf

26,625 posts

Posted by mf > 2022-01-16 23:31 | Report Abuse

Dow Jones 35,911.809 -201.81 0.56%

Posted by Iseeyoubuy > 2022-01-17 14:58 | Report Abuse

I will accumulate this share for the long term. Expecting strong recovery for 2022.

blackchicken

1,220 posts

Posted by blackchicken > 2022-01-28 11:21 | Report Abuse

The Japanese Nikkei 225 index is up 2.1% now...

Posted by wallstreetrookie > 2022-01-31 05:50 | Report Abuse

An MSCI gauge of Southeast Asian, or Asean, equities fell less than 2% this week and rose to an 18-month high relative to the Asia benchmark, which slumped almost 5%.

“Asean is now less vulnerable than in the past as current account balances have improved and valuations on equities, bonds and currencies are less demanding,” UBS Group AG strategists including Niall MacLeod wrote in a note Thursday. “Markets are in a much better position relative to 2013.”

Bloomberg | Markets

Posted by Iseeyoubuy > 2022-02-03 09:36 | Report Abuse

After CNY, RM2.5-RM3, everything increase after CNY even Tenaga stock buy call

Posted by supersinginvestor > 2022-02-07 18:02 | Report Abuse

Very good price to top up

Posted by supersinginvestor > 2022-02-09 10:12 | Report Abuse

Undervalued gem.
Buy and hold

ooihk899

1,602 posts

Posted by ooihk899 > 2022-02-09 12:25 | Report Abuse

Wah, unker is back le, huat lo.

ooihk899

1,602 posts

Posted by ooihk899 > 2022-02-09 12:27 | Report Abuse

Unker, why ppl flag you in UP forum?

Posted by supersinginvestor > 2022-02-09 14:10 | Report Abuse

Cos i ask good question on UP.
I asked why up got so much money in cash never do anything for shareholders.
Never give us back n never buy back shares
So people angry..

Posted by supersinginvestor > 2022-02-09 14:13 | Report Abuse

I got UP wont sell just keep in freezer but not happy with it.
Cos their management dont care for shareholders...only care for employees

ooihk899

1,602 posts

Posted by ooihk899 > 2022-02-09 15:38 | Report Abuse

Not true ma, now they have dividend policy wor. 80% profit distributed lo. Must keep some for future acquisition of plantation like Pinehill estate in 2019 ma.

ooihk899

1,602 posts

Posted by ooihk899 > 2022-02-09 15:39 | Report Abuse

unker, RCE you dare to keep in freezer or not??? hahaha

Posted by supersinginvestor > 2022-02-09 17:53 | Report Abuse

UP tipu la. They wont do. Lies.
Their management good planters but bad fund managers. Cheats.
Rcecap can keep long term cos nice dividend too n price stable.

Posted by supersinginvestor > 2022-02-09 18:08 | Report Abuse

UP got very high cash u check..
Better buy klk n invest in that the potential.is much much more they oso big dividend now

ooihk899

1,602 posts

Posted by ooihk899 > 2022-02-09 21:52 | Report Abuse

Unker, UP cash only 560m only ma. Keep for expansion lah. Like Pinehill already cost them 400+m lo. Unker, if want talk about UP we go to UP forum better lo.

Dakewlest

1,623 posts

Posted by Dakewlest > 2022-02-10 01:43 | Report Abuse

Sifu, just wondering, with interest rate hike, how this going to affect rcecap?

Posted by supersinginvestor > 2022-02-10 10:04 | Report Abuse

Rcecap will increase income.
Its positive.
Cos our rates likely capped at 3 to 3.5%

ooihk899

1,602 posts

Posted by ooihk899 > 2022-02-10 12:11 | Report Abuse

Wah, good to see Unker talk like Sifu now.

maximus .

402 posts

Posted by maximus . > 2022-02-17 20:47 | Report Abuse

wondering when the digital banking license annouce....

alexnada

22 posts

Posted by alexnada > 2022-02-18 18:42 | Report Abuse

Next month

blackchicken

1,220 posts

Posted by blackchicken > 2022-02-24 18:24 | Report Abuse

good QR results

Moolala

86 posts

Posted by Moolala > 2022-02-24 19:42 | Report Abuse

results ok, financing receivables picking up again, looking forward to future QRs

Posted by supersinginvestor > 2022-02-24 20:42 | Report Abuse

Good qr..

Posted by unicornbird > 2022-03-05 12:28 | Report Abuse

Will government allow more competitors to lend to civil servants? If so, RCE's monopoly status will be gone?

ooihk899

1,602 posts

Posted by ooihk899 > 2022-03-05 12:35 | Report Abuse

????? Bro, do your homework before comment. Better stay out of the market now if you don't have a clue.

Posted by Iseeyoubuy > 2022-04-21 06:53 | Report Abuse

Buy in now!!!! Last call...

ooihk899

1,602 posts

Posted by ooihk899 > 2022-04-21 09:17 | Report Abuse

Iseeyoubuy, please share the info why buy in now.

sheldon

1,276 posts

Posted by sheldon > 2022-04-26 09:48 | Report Abuse

Anyone has any idea as to the amount of ESOS outstanding.

alexnada

22 posts

Posted by alexnada > 2022-06-08 14:20 | Report Abuse

Major shareholders are buying again. is this a sign that RCECAP is performing very well?

ooihk899

1,602 posts

Posted by ooihk899 > 2022-06-08 18:29 | Report Abuse

He made several purchases in September last year. After that, the price shot up, announced bonus issue.... Hopefully this time will be the same.

alexnada

22 posts

Posted by alexnada > 2022-08-23 18:14 | Report Abuse

Will history repeating itself again?
Damn, I am tempted to login some...

sheldon

1,276 posts

Posted by sheldon > 1 month ago | Report Abuse

Don't you guys find this rampant issuance of options, the latest being for 19.1m shares disturbing?

Posted by blackgold77 > 3 weeks ago | Report Abuse

good QR coming? been sneakily going up

cwc1981

506 posts

Posted by cwc1981 > 3 weeks ago | Report Abuse

Got a bit movement

ooihk899

1,602 posts

Posted by ooihk899 > 3 weeks ago | Report Abuse

If QR is good then will move up lo. If Impairment loss is reduced then it should be a good QR.

ooihk899

1,602 posts

Posted by ooihk899 > 2 weeks ago | Report Abuse

Laughing all the way to the bank, dividend 23 sen!!!!!!!!!!!!!!!!

cwc1981

506 posts

Posted by cwc1981 > 2 weeks ago | Report Abuse

Licensed ah long sure good business

ooihk899

1,602 posts

Posted by ooihk899 > 2 weeks ago | Report Abuse

Ya, quater result break previous record high

Moolala

86 posts

Posted by Moolala > 2 weeks ago | Report Abuse

wow wow wow!

sheldon

1,276 posts

Posted by sheldon > 2 weeks ago | Report Abuse

Well done management!

cwc1981

506 posts

Posted by cwc1981 > 2 weeks ago | Report Abuse

Bad timing if not because of GE sure already 2

ooihk899

1,602 posts

Posted by ooihk899 > 2 weeks ago | Report Abuse

Bro, this company is more suitable for long term investment, it is for dividend. No need to look at price.

Posted by observatory > 1 week ago | Report Abuse

There is another article about RCE on The Edge Saturday. There are a few key points:
1. Interviewed analysts believed loan loss provisioning due to many civil servants leaving their jobs may have peaked. In fact, provision for the latest quarter has come down.
2. Maybank expects RCE earnings to normalize because 2Q earnings were boosted by early settlement income as customers wanting to lock in lower rates before rates move higher.
3. RHB pointed out that given most of RCE’s funding is on a fixed rate basis, the impact of higher funding rate affects only new sukuk issuance.

ooihk899

1,602 posts

Posted by ooihk899 > 1 week ago | Report Abuse

I believe the management anticipate a better future earning, that's why they declare a special div of 18 sen. Even the interim div also being increased to 5 sen.

Posted by observatory > 1 week ago | Report Abuse

RCE has a dividend policy of 20% to 40% payout. Despite the increasing payout ratio in the last few years, and in fact payout exceeded 40% in FY22, it has accumulated too much equity capital given the business has been growing quite slowly.
Take for example, over a period of 4.5 years from end Mar 2018 to end Sep 2022, shareholders’ equity has increased 76% from RM519m to RM912m. However total financing receivables only increased 21% from RM1.5b+ to RM1.8b+.
This is probably to motivation to return underutilized shareholder’s equity.
Maybe this is the request from its major shareholder. Still the management deserves praise for being responsible to shareholders.

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