RCE CAPITAL BHD

KLSE (MYR): RCECAP (9296)

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Last Price

1.56

Today's Change

-0.01 (0.64%)

Day's Change

1.55 - 1.57

Trading Volume

236,900


8 people like this.

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

darkangell

286 posts

Posted by darkangell > 2017-09-07 15:34 | Report Abuse

hidden gems still hidden

KLCI King

3,220 posts

Posted by KLCI King > 2017-09-07 17:43 | Report Abuse

yup, still hidden

KLCI King

3,220 posts

Posted by KLCI King > 2017-09-07 17:44 | Report Abuse

It won't go down much as the historical PE is already very low, only re-rating can see the price move.

gcke

1,359 posts

Posted by gcke > 2017-09-07 21:06 | Report Abuse

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.

Stay focussed.

yuanlong57

1,528 posts

Posted by yuanlong57 > 2017-09-07 23:44 | Report Abuse

@KLCI King, Is it something like, "Crouching tiger, hidden Dragon?" Ha, ha, ha.

heata

47 posts

Posted by heata > 2017-09-08 14:08 | Report Abuse

3 gd qr report n yet price doesnt move. Do we overlook something?

kidsplay

269 posts

Posted by kidsplay > 2017-09-08 14:23 | Report Abuse

may be too many ppl on boat ...xD

gcke

1,359 posts

Posted by gcke > 2017-09-08 15:43 | Report Abuse

@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:-)))

heata

47 posts

Posted by heata > 2017-09-08 16:54 | Report Abuse

Thanks gcke! And it closed at 1.63.. Hmmm

riko

2,729 posts

Posted by riko > 2017-09-08 17:31 | Report Abuse

weak than sai

darkangell

286 posts

Posted by darkangell > 2017-09-08 18:26 | Report Abuse

Gems become stone

heata

47 posts

Posted by heata > 2017-09-08 18:38 | Report Abuse

Fundamental intact

kidsplay

269 posts

Posted by kidsplay > 2017-09-08 19:03 | Report Abuse

hahahaha...you all comment make my day

yuanlong57

1,528 posts

Posted by yuanlong57 > 2017-09-10 01:47 | Report Abuse

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.

https://bentonbulletin.com/rce-capital-berhad-9296-kl-reaches-active-mover-list/154437/

Jarklp

175 posts

Posted by Jarklp > 2017-09-14 10:05 | Report Abuse

Consistent quarterly results, Low PE but boring, Any other similar stocks like RCECap?

Whey Whey

1,839 posts

Posted by Whey Whey > 2017-09-14 20:16 | Report Abuse

Mbsb and aeoncr

Jarklp

175 posts

Posted by Jarklp > 2017-09-15 09:55 | Report Abuse

Thanks. Thought MBSB and Aeon have high PE... I am looking for low PE with stable earning stocks ..

Jarklp

175 posts

Posted by Jarklp > 2017-09-19 09:33 | Report Abuse

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.

Whey Whey

1,839 posts

Posted by Whey Whey > 2017-09-20 13:56 | Report Abuse

Received the dividend already... thx rcecap xD

godhand

1,955 posts

Posted by godhand > 2017-09-23 09:40 | Report Abuse

can anyone explain why is the gearing so high and getting higher for this company.

Whey Whey

1,839 posts

Posted by Whey Whey > 2017-09-23 11:35 | Report Abuse

Because it need to borrowed money so it can lend to civil servant...does it answer ur question? Lol

godhand

1,955 posts

Posted by godhand > 2017-09-23 12:50 | Report Abuse

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.

Whey Whey

1,839 posts

Posted by Whey Whey > 2017-09-23 13:08 | Report Abuse

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

Whey Whey

1,839 posts

Posted by Whey Whey > 2017-09-23 13:18 | Report Abuse

Another example MBSB also is 5.5x gearing

heata

47 posts

Posted by heata > 2017-09-25 16:53 | Report Abuse

Oh breaking 1.6..

tecpower

3,536 posts

Posted by tecpower > 2017-09-25 19:19 | Report Abuse

Banks drag KLCI into the red for fifth straight decline | http://www.klsescreener.com/v2/news/view/284669

tecpower

3,536 posts

Posted by tecpower > 2017-09-25 19:24 | Report Abuse

Nomura: Consumption recovery will drive Malaysian equity | http://www.klsescreener.com/v2/news/view/284393

tecpower

3,536 posts

Posted by tecpower > 2017-09-25 19:25 | Report Abuse

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.

gcke

1,359 posts

Posted by gcke > 2017-09-26 13:17 | Report Abuse

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:-(((

ginvin

206 posts

Posted by ginvin > 2017-09-26 15:52 | Report Abuse

very disappointing share price movement!

tecpower

3,536 posts

Posted by tecpower > 2017-09-26 18:34 | Report Abuse

Downtrend. Sell the stock in tomorrow's morning.

dotasifu

82 posts

Posted by dotasifu > 2017-09-27 11:22 | Report Abuse

keep down trend..too bad..any bad news on this stock?

kidsplay

269 posts

Posted by kidsplay > 2017-09-28 18:39 | Report Abuse

sell sell sell

straycats

73 posts

Posted by straycats > 2017-09-28 22:14 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/09/28/bank-negara-to-implement-nsfr-no-earlier-than-jan-1-2019/

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.

heata

47 posts

Posted by heata > 2017-10-03 20:04 | Report Abuse

Pe 6. Buy

Posted by Leeyen Law > 2017-10-10 07:11 | Report Abuse

any idea why rce share price keep going downwards ?

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2017-10-10 23:38 | Report Abuse

does RCECAP have access to the CCRIS system by now?

heata

47 posts

Posted by heata > 2017-10-10 23:42 | Report Abuse

Default loan increase and secured loan reduced. Hmmm

Posted by invest_101 > 2017-10-11 00:19 | Report Abuse

@heata, are you making a passing comment or is it something you know.

heata

47 posts

Posted by heata > 2017-10-11 00:24 | Report Abuse

Its in the latest annoucement..

veln82k6

914 posts

Posted by veln82k6 > 2017-10-11 12:03 | Report Abuse

Operator keep push down.

heata

47 posts

Posted by heata > 2017-10-11 19:24 | Report Abuse

Rcecap testing lower low evwyrday. Headache

veln82k6

914 posts

Posted by veln82k6 > 2017-10-11 20:29 | Report Abuse

Good time to collect

Jarklp

175 posts

Posted by Jarklp > 2017-10-11 21:29 | Report Abuse

Need a lot of patience for this counter...

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2017-10-12 01:04 | Report Abuse

link please heata.

I dont mind it stay low for awhile, this stock is at least undervalued by 100% and still has incredible amount of room to grow.

Can slowly add as long as fundamentals stay the same.

Then again i only bought at 1.55 not higher like some here.

heata

47 posts

Posted by heata > 2017-10-12 11:36 | Report Abuse

@jon. http://www.malaysiastock.biz/Company-Announcement.aspx?id=1005435 compare this qoq and yoy. Comments are welcome. I maybe wrong....

Jarklp

175 posts

Posted by Jarklp > 2017-10-12 13:38 | Report Abuse

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.

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2017-10-12 17:55 | Report Abuse

heata, that is irrelevant. Relax

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2017-10-12 17:56 | Report Abuse

Ill see you guys again when if it drops 10% or goes up significantly.

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