RCE CAPITAL BHD

KLSE (MYR): RCECAP (9296)

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Last Price

1.54

Today's Change

-0.02 (1.28%)

Day's Change

1.53 - 1.57

Trading Volume

633,800


8 people like this.

4,116 comment(s). Last comment by fruitcake 3 weeks ago

paperplane2016

21,689 posts

Posted by paperplane2016 > 2016-08-17 16:34 | Report Abuse

buy

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-08-17 16:46 | Report Abuse

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

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-08-17 16:51 | Report Abuse

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

Posted by rocketboy91 > 2016-08-17 19:44 | Report Abuse

does it mean yuanlong57 you no longer owned RCE?

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-08-18 09:34 | Report Abuse

Yesterday, I bought another 25,000 units.

SharkTank

1,064 posts

Posted by SharkTank > 2016-08-18 09:52 | Report Abuse

Value is there...volume is quite low..

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-08-18 10:20 | Report Abuse

Cautious investor sentiment admist recent noises in market.

stronger

15 posts

Posted by stronger > 2016-08-18 14:44 | Report Abuse

starting move on. :)

panorama

269 posts

Posted by panorama > 2016-08-19 09:52 | Report Abuse

need viagra to push....

paperplane2016

21,689 posts

Posted by paperplane2016 > 2016-08-19 09:53 | Report Abuse

no worry. next yr RM2 if next few quarter also so good like this

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-08-19 12:10 | Report Abuse

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.

jackc

70 posts

Posted by jackc > 2016-08-19 14:09 | Report Abuse

New few quarter likely to be like this. My simple assumption is that loans are taken for years, not just a quarter.

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-08-19 15:23 | Report Abuse

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

paperplane2016

21,689 posts

Posted by paperplane2016 > 2016-08-22 00:13 | Report Abuse

Recap better. No worry much on collections. Direct deduct salary

paperplane2016

21,689 posts

Posted by paperplane2016 > 2016-08-22 13:27 | Report Abuse

ESos 0.64. Wow. I expect ,Amy to sell also.. Let it sell down, we collect.

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-08-22 16:33 | Report Abuse

Yes, we gleefully collect.

paperplane2016

21,689 posts

Posted by paperplane2016 > 2016-08-23 10:10 | Report Abuse

yes. let it drop. ESOS mah. ppl wanna sell take profit. we buy

sheep

3,852 posts

Posted by sheep > 2016-08-23 10:18 | Report Abuse

stock went up from 0.71 (early Aug). Still buy? must be crazy or greedy.

stronger

15 posts

Posted by stronger > 2016-08-23 10:39 | Report Abuse

keep dropping.. :(

paperplane2016

21,689 posts

Posted by paperplane2016 > 2016-08-23 10:41 | Report Abuse

sdrop below 1 I buy

YapYap

32 posts

Posted by YapYap > 2016-08-23 14:55 | Report Abuse

what price can buy?

noah

408 posts

Posted by noah > 2016-08-23 17:09 | Report Abuse

healthy correction.
will hold beyond RM1 psychological level

Steven Ng

30 posts

Posted by Steven Ng > 2016-08-23 17:43 | Report Abuse

Sure drop more after ex date. All be psychologically prepared. If you contra, no matter what stock, you will lose money.

ngssbbb

67 posts

Posted by ngssbbb > 2016-08-23 18:08 | Report Abuse

i think so, somebody goreng...... after 8/26 just buy...... sure drop...

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-08-23 20:11 | Report Abuse

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

paperplane2016

21,689 posts

Posted by paperplane2016 > 2016-08-23 20:13 | Report Abuse

Esos Mah! Those employee short term.....
We wait long-term rm2. Thts why we are their bosses! Hehehe!

Posted by makesomemoney > 2016-08-24 21:24 | Report Abuse

what is the ex date?

Ryan Lynk

17 posts

Posted by Ryan Lynk > 2016-08-25 15:11 | Report Abuse

tomorrow?

Posted by Lost In Bursa > 2016-08-25 15:32 | Report Abuse

Better sell now! Tonite will drop few cents over midnight. You will not able to sell it tomorrow opening at 9 a.m.

paperplane2016

21,689 posts

Posted by paperplane2016 > 2016-08-25 22:56 | Report Abuse

Name of Principal Officer Date of Acquisition No. of Ordinary Shares of RM0.10 each Total Consideration (RM) % of Issued Shares
Oon Hooi Khee 22.08.2016 200,000 128,000 0.061
Low Peck Yoke 22.08.2016 240,000 153,600 0.073
Phoon Kok Kam 22.08.2016 100,000 64,000 0.030
The percentage

paperplane2016

21,689 posts

Posted by paperplane2016 > 2016-08-25 22:56 | Report Abuse

Management buy like mad

Posted by Lost In Bursa > 2016-08-26 08:39 | Report Abuse

Over night dropped 0.035 from 1.03 to 0.995 or 3.4%

paperplane2016

21,689 posts

Posted by paperplane2016 > 2016-08-26 10:10 | Report Abuse

ya mah. Div ex-

adamdacutie

1,456 posts

Posted by adamdacutie > 2016-08-26 12:09 | Report Abuse

Buybuybuy averaging down

Posted by qiqimon5566 > 2016-08-26 15:59 | Report Abuse

Another rubbish stock, still holding this shit will kill u badly

ys13

183 posts

Posted by ys13 > 2016-08-26 17:01 | Report Abuse

Hi sifu, I just bought in today. Am I entitled for div?

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-08-29 09:47 | Report Abuse

One of my best counter in portfolio. Money making vehicle. With regards to the 900 mil SUKUK programme, I think next quarter continue to grow.
http://www.thestar.com.my/business/business-news/2016/06/23/rce-capital-forms-sukuk-programe-of-up-to-rm900mil/

paperplane2016

21,689 posts

Posted by paperplane2016 > 2016-08-29 11:27 | Report Abuse

wah, damn, tot will go down further. It rebound!

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2016-08-29 11:29 | Report Abuse

good morning paperplane

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-08-29 14:07 | Report Abuse

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

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-08-30 08:41 | Report Abuse

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

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-09-02 15:27 | Report Abuse

Why sudden jumped in this counter?

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-09-03 00:32 | Report Abuse

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

noah

408 posts

Posted by noah > 2016-09-03 22:59 | Report Abuse

just look at its quarterly revenue trend for the past 10 quarters.
on a steady increasing trend for 10 consecutive q

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-09-05 16:41 | Report Abuse

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/

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-09-06 15:04 | Report Abuse

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.

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-09-06 15:21 | Report Abuse

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

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-09-07 12:57 | Report Abuse

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.

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-09-07 13:02 | Report Abuse

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.

123klse

19 posts

Posted by 123klse > 2016-09-08 21:14 | Report Abuse

Give 1 like to yuanlong info...

and 1 more like to RCEcap recently the price up slowly and steady..

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