RCE CAPITAL BHD

KLSE (MYR): RCECAP (9296)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

3.11

Today's Change

+0.01 (0.32%)

Day's Change

3.09 - 3.11

Trading Volume

310,400


8 people like this.

4,100 comment(s). Last comment by jeffrey1166 1 week ago

Posted by jeffrey1166 > 2 months ago | Report Abuse

coming boost up

calvintaneng

53,685 posts

Posted by calvintaneng > 2 months ago | Report Abuse

Blog: THE IMMENSE VALUE OF TSH'S 80,000 ACRES PRIME LANDS IN BONGAN, (Only 43.9 KM from TiTik Nol IKN NUSANTARA, By Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-03-12-story-h-186519186-THE_IMMENSE_VALUE_OF_TSH_S_80_000_ACRES_PRIME_LANDS_IN_BONGAN_Only_43_9

Posted by jeffrey1166 > 2 months ago | Report Abuse

let wait gem fly

ashzaii

11 posts

Posted by ashzaii > 2 months ago | Report Abuse

Drop 6%, whats going on

yielder

29 posts

Posted by yielder > 2 months ago | Report Abuse

will government open up the license, to allow other banks to compete with RCE?

pang72

48,177 posts

Posted by pang72 > 2 months ago | Report Abuse

I thought the price stabilise then move up but crashing for 2nd round..
It likely gone now onward...
It is too high in fact...
It is more like glove stock which people thought will go $25 or $50..
But $1

Posted by jeffrey1166 > 1 month ago | Report Abuse

small correction

Posted by jeffrey1166 > 1 month ago | Report Abuse

tq pure bull sifu

alexnada

35 posts

Posted by alexnada > 3 weeks ago | Report Abuse

What happened? there was an uptick but then crash again???

speakup

25,316 posts

Posted by speakup > 3 weeks ago | Report Abuse

Drop 4sen is a crash???

Posted by multi-bagger > 3 weeks ago | Report Abuse

Govt servant salary increase, rcecap is a direct beneficiary

Posted by jeffrey1166 > 3 weeks ago | Report Abuse

ya tp can set 3.7

Penguin88

85 posts

Posted by Penguin88 > 3 weeks ago | Report Abuse

People just blindly chase up the stock price without further thinking.

For those civil servant with high position and already with high salary, the increment means they have more money to repay to the lessor, which in turn will reduce the profitability and margin of the company.

For those that not high in salary, they will use the increment for daily expense . Of course, increment will also enable them to borrow more money from lesser.

So in overall, this shld be viewed in neutral instead of over positive.

ooihk899

2,039 posts

Posted by ooihk899 > 3 weeks ago | Report Abuse

It will be 30% increment starting from lowest level civil servant.
The higher level it goes, the lower the increment.
This will resulted in more civil servant eligible to
apply for loan than expected.
But most important is still the coming QR.

Penguin88

85 posts

Posted by Penguin88 > 3 weeks ago | Report Abuse

13% or 30%? If getting 30% do they still need to go borrow additional money? 30% is a comfortable level for them to service existing debt instead of borrow more money?

Why everyone is thinking with increment all civil servant must need to borrow more money? In the past civil servant borrow money is because low salary, now with such increment they can be more affordable to pay bills by their own instead of relying more borrowing.

ooihk899

2,039 posts

Posted by ooihk899 > 3 weeks ago | Report Abuse

Aiyo, got ppl dun know how to read lo!!!!!! πŸ˜„πŸ˜πŸ˜‚πŸ€£
Go read more detail lo. 13% is the average.
What??? Sour grape ar? Not able to buy cheap ar? Miss the boat is it?
Let me know how much you want, I'll sell to you lo!!!
Wakakakakaka.πŸ˜€πŸ˜πŸ˜‚πŸ˜†πŸ€£

Penguin88

85 posts

Posted by Penguin88 > 3 weeks ago | Report Abuse

We are expressing our thought and opinion here for discussion and you suddenly say so much of useless words? You think everyone with opposite thought with you is sour grape? You got serious mental diseases and you forgot to eat medicine?

TalkNumberOne

2,935 posts

Posted by TalkNumberOne > 3 weeks ago | Report Abuse

πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚

Posted by jeffrey1166 > 3 weeks ago | Report Abuse

coming fly

ooihk899

2,039 posts

Posted by ooihk899 > 3 weeks ago | Report Abuse

https://www.sinchew.com.my/news/20240502/nation/5576789
It's 20% to 40% increment for low level civil servant.
Minimum pay is 2K for civil servant.

ooihk899

2,039 posts

Posted by ooihk899 > 3 weeks ago | Report Abuse

Aiyoyo, got ppl angry lo, wakakaka πŸ˜€πŸ˜πŸ˜†πŸ˜‚πŸ€£.
Why? Your comment make me laugh ma. Why cannot laugh meh???
I oso express my opinion ma! Cannot meh?

ooihk899

2,039 posts

Posted by ooihk899 > 3 weeks ago | Report Abuse

Jeff, hope you're r right. For me, coming QR is more important.
If QoQ n YoY cantik., then ok lo, else ....like wat happen in end Feb lo.

Posted by jeffrey1166 > 3 weeks ago | Report Abuse

yaya surely qr will be nice

Penguin88

85 posts

Posted by Penguin88 > 3 weeks ago | Report Abuse

Hahaha now say it opinion wor..say ppl sour grape is opinion? Joker la you with really serious mental problem lol..sia sui

ooihk899

2,039 posts

Posted by ooihk899 > 3 weeks ago | Report Abuse

https://www.sinchew.com.my/news/20240502/finance/5577425
Maybank TP 3.02πŸ˜‰

ooihk899

2,039 posts

Posted by ooihk899 > 3 weeks ago | Report Abuse

Aiyoyo, now ppl can't have opinion on other ppl wor?
Got law like that meh? πŸ˜€πŸ˜„πŸ˜πŸ˜†πŸ˜‚πŸ€£

yielder

29 posts

Posted by yielder > 3 weeks ago | Report Abuse

how RCE benefit from civil servant salary increase? if they got more money, they should borrow less

limch

2,975 posts

Posted by limch > 3 weeks ago | Report Abuse

Civil servant pay increase not Dec'24 meh? Why RCE jump 22 sen today? Today they already borrow more from RCE?

Posted by multi-bagger > 3 weeks ago | Report Abuse

you've gotta understand their mentality, the more they earn means the more they can borrow

limch

2,975 posts

Posted by limch > 3 weeks ago | Report Abuse

If Chinese pay increase meaning save more.

Posted by multi-bagger > 3 weeks ago | Report Abuse

also maybank IB increased rcecap target price from 2.44 to 3.02 after the announcement

AhKeat2018

150 posts

Posted by AhKeat2018 > 3 weeks ago | Report Abuse

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.

Penguin88

85 posts

Posted by Penguin88 > 3 weeks ago | Report Abuse

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?

Posted by jeffrey1166 > 3 weeks ago | Report Abuse

surely can boost up

yielder

29 posts

Posted by yielder > 3 weeks ago | Report Abuse

will government issue more money lending license to compete with RCE?

Posted by multi-bagger > 3 weeks ago | Report Abuse

@Penguin I wish you good luck in your investing journey, I think u need it

ooihk899

2,039 posts

Posted by ooihk899 > 3 weeks ago | Report Abuse

Never believe those IB. Do your own research.

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.πŸ™‚ Must enjoy life ma.

ooihk899

2,039 posts

Posted by ooihk899 > 3 weeks ago | Report Abuse

Also, government hospital medical cost is very low for civil servant ma.

Posted by jeffrey1166 > 3 weeks ago | Report Abuse

they all like lend money

Posted by jeffrey1166 > 3 weeks ago | Report Abuse

tp can set 3.8 dividend 0.1 first interim as mm start huge buying

ooihk899

2,039 posts

Posted by ooihk899 > 3 weeks ago | Report Abuse

Jeff, even div of .09 is a big thing for RCE.
Wow, if div is really 0.1, n QR is good,
RCE sure will shoot thru the roof!!!πŸ€‘

ooihk899

2,039 posts

Posted by ooihk899 > 3 weeks ago | Report Abuse

Thanks for the info, Jeff.
Also, It should be the final dividend they will declare the coming Q.

Posted by jeffrey1166 > 2 weeks ago | Report Abuse

welcome ooi

Posted by jeffrey1166 > 2 weeks ago | Report Abuse

time can prove on june

Posted by jeffrey1166 > 2 weeks ago | Report Abuse

ya shogun

Posted by jeffrey1166 > 2 weeks ago | Report Abuse

still undervalue

Posted by jeffrey1166 > 2 weeks ago | Report Abuse

coming can fly ath

Posted by jeffrey1166 > 1 week ago | Report Abuse

small corresction

Post a Comment