If basing on the current Technical Price Charts-MA,MACD.RSI,stochastic the price is trending sideways.That is price stays unchanged,or move up and down with -+ 1-3 cents.Why sideways when the Financial Fundamentals for RCE were good? 2.Using the charts as a guidance- the MACD line has just crossed the Signal Line and the RSI line is still hovering below the Signal Line for quite sometimes already.Hopefully the two lines MACD and RSI(in blue colour) can move upwards above the Signal Line(red colour) by the later part of next week. 3.If that happened then probably we can see some upside on the price from the current level. 4.Technical Price Charts help in making decision - Buy,Sell or Hold.
@heata no,we did not overlook anything. 2.It is all in the Technical Price Charts.The charts will chart the daily moves of the stock.Selection of the time period whether 16 days(EMA 15 or MA15),25days(EMA25,MA25),50 days(EMA50,MA50),250 days(EMA250,MA250) will give the price trend.Presently,caught in the consolidation phase.Hopefully when that is done the price reversal upwards can be seen.Cheers:-)))
RCE CAPITAL BERHAD (9296.KL) Reaches Active Mover List
Shares of RCE CAPITAL BERHAD (9296.KL) have seen the needle move -1.81% or -0.03 in the most recent session. The BM listed company saw a recent bid of $1.63 on 385200 volume.
Stock market investors typically have to deal with the risk element when making decisions about specific holdings. There will always be a trade-off between risk and reward, and this is quite evident in the equity market. In general, the more that someone is willing to risk, the higher the potential gains. Investors might need to be willing to identify their risk levels before attempting to jump into the fray. Some investors will choose to play it safe while others will opt to swing for the fences. Managing risk becomes increasingly more important when economic conditions are cloudy. Accumulating the most amount of understanding and relevant information about a company may be a good place to start. Studying a company’s position in the current market may help with understanding how the company has set themselves up for future growth.
Digging deeper into the RCE CAPITAL BERHAD (9296.KL) ‘s technical indicators, we note that the Williams Percent Range or 14 day Williams %R currently sits at -100.00. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator.
RCE CAPITAL BERHAD (9296.KL) currently has a 14-day Commodity Channel Index (CCI) of -105.69. Active investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal.
Currently, the 14-day ADX for RCE CAPITAL BERHAD (9296.KL) is sitting at 14.81. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. ADX is used to gauge trend strength but not trend direction. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend.
The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The RSI may be useful for spotting abnormal price activity and volatility. The RSI oscillates on a scale from 0 to 100. The normal reading of a stock will fall in the range of 30 to 70. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. After a recent check, the 14-day RSI for RCE CAPITAL BERHAD is currently at 40.88, the 7-day stands at 35.08, and the 3-day is sitting at 20.13.
That could explain why the dividend was reduced. They may need more capital. With higher provisions, hopefully this translates into more stable earnings going forward.
looking for answer with better insight. how are they going to repay the debt or rather when will the gearing normalized. with shrinking equities and expanding debt. how safe is it? Generally gearing of 0.5 is considered high. This company has 2.x gearing and its increasing exponentially looking at the chart.
Read this, it is normal they hv high gearing because they cant take deposit so to grow their business they need to borrow more money so can lend to more ppl...AEONCR gearing is much more higher the rce capital but look at their past 5 years share price movement...
As at 30/11/2016, AEONCR's financial position is deemed satisfactory, with adequate current ratio of 2.2x while gearing ratio maybe on the elevated side at 5.1x. The gearing ratio is definitely higher than RCECap's gearing ratio of 2.9x as at 31/12/2016. I
According to a sector analysis, Nomura found that sectors showing signs of early margin turnaround include consumer discretionary, information technology, utilities and staples sectors.
Meanwhile, sectors such as financials, healthcare, materials, telcos, and real estate may still see margin weakness ahead.
From the Technical Price Charts the stock counter is currently very bearish. 2.The Moving Average(MA),MACD,RSI,stochastic charts or trend lines support the bearishness for the stock price. 3.The RSI chart showed the counter is currently in the Oversold situation. 4.Do watch out on the implementation of MFRS beginning of next year.How it will affect the bottom line for this counter has yet to be discerned! 5.Global equities on poor sentiments currently also have a negative impact on the stock price.
Outcome: Surprised me that even though this counter has healthy bottomlines and report decent QR every quarter but the stock price barely move upwards.Is there something that we could have missed out or were not disclosed to us by the company. Just to share:-(((
Good news for all the local banks trying to raise enough funds for Basel3. Now postponed a year from 1/1/2018 to earliest of 1/1/2019. Downside is they won't offer such good FD rates to raise funds for now.
They had about RM10m and RM 6m written off same period last year and last quarter respectively. it is about 12m this quarter. I could be wrong but I am not too annoyed unless the write off have not been provided for earlier. Should not have earnings impact.
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....
darkangell
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Posted by darkangell > 2017-09-07 15:34 | Report Abuse
hidden gems still hidden