Posted by tslee111 > 2017-12-06 12:07 | Report Abuse

Is it possible the company is selling down to lower the price of the share repurchase (which passed the resolution in previous AGM) in the public market? Just my guessing on why so bearish on this counter. Please enlighten me, guys.

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

Bearish time is best time to buy good stocks sold down. Buy low, sell.high.

Posted by DroidnPlay > 2017-12-11 09:06 | Report Abuse

with 3c Div ahead, is it a good time to stock up low value GEM/Trash now?

Posted by DaitoRyu > 2017-12-14 14:25 | Report Abuse

Certainly worth buying at these prices,all indications are its undervalued

Posted by slts > 2017-12-15 13:41 | Report Abuse

go up please lah. i bot alot already below 1.50

Posted by slts > 2017-12-19 13:44 | Report Abuse

buy tp 2.10

Posted by veln82k6 > 2017-12-22 23:58 | Report Abuse

The only counter keep going down with good market, results and profits.Wait bottom can go in sapu liao

Posted by slts > 2017-12-28 13:44 | Report Abuse

sapu now dont wait
bull confirm coming

Posted by AllWin > 2018-01-02 12:55 | Report Abuse

It has been in my watchlist a while, finally in my portfolio now.

Posted by Jon Choivo > 2018-01-02 15:41 | Report Abuse

Bought as much as i dare to buy d.

Will only buy more in June 2018, when MFRS 9 comes into effect, may have impairments then for all financial institutions, and if really got discount.

Posted by Chean Yeh > 2018-01-02 20:50 | Report Abuse

@jon choivo, why change accounting standard will make them do impairment?

Posted by Mgician > 2018-01-04 10:52 | Report Abuse

@Jon Choivo.. good 1

Posted by Jon Choivo > 2018-01-04 12:35 | Report Abuse

The year have a long way to go. This is just first week of the year stock market exuberance.

Mgician @Jon Choivo.. good 1
04/01/2018 10:52

Posted by PotentialGhost > 2018-01-04 13:48 | Report Abuse

How good ? can survival 10 year then can call good , not 1 year 20% call good。

Posted by Jon Choivo > 2018-01-04 20:22 | Report Abuse

Naturally. I was talking in terms of my 2018 Stock pick Competition heh.

PotentialGhost How good ? can survival 10 year then can call good , not 1 year 20% call good。
04/01/2018 13:48

Posted by slts > 2018-01-05 06:49 | Report Abuse

major breakout if can takeout 1.62

Posted by Mgician > 2018-01-08 10:42 | Report Abuse

jus wait for the show ~~~

Posted by slts > 2018-01-08 11:18 | Report Abuse

damn cheap with good earnings
will boom soon

Posted by DroidnPlay > 2018-01-10 12:13 | Report Abuse

y boom? last few QRs posted with good result oso slope down...

Posted by newbie4444 > 2018-01-11 04:51 | Report Abuse

ESOS 1.3 sell for 27 sen gain every month get extra RM 108 K salary.

Posted by newbie4444 > 2018-01-11 04:52 | Report Abuse

Wait RM 1.3 to buy.

Posted by Jun Yu > 2018-01-11 23:29 | Report Abuse

where is 1.3?? i also wan to buy

Posted by slts > 2018-01-12 11:26 | Report Abuse

last day for div

Posted by meiling0809 > 2018-01-13 16:29 | Report Abuse

stupid stock ! can up ma !!!!!!

Posted by Abilakh > 2018-01-16 11:02 | Report Abuse

really lousy

Posted by Abilakh > 2018-01-16 16:09 | Report Abuse

no catalyst / dividend for now...sayanora, will meet again sometime later in the future

Posted by meiling0809 > 2018-01-18 13:42 | Report Abuse

lousy stock, really lousy !

Posted by DaitoRyu > 2018-01-19 15:49 | Report Abuse

Very good stock,i'm in profit and expect a good lot more to come.

Posted by Bochiakak > 2018-01-24 08:58 | Report Abuse

can hold guaranti untung one. High profit stock. rm2.00 no problem

Posted by DroidnPlay > 2018-01-25 09:28 | Report Abuse

Need a lot of patience, every q makes money but price trending down. Hope this Q can at least maintain its profit.

Posted by meiling0809 > 2018-02-06 16:26 | Report Abuse

good fundamental shares and lousy fundamental shares are found when market crashed.

no issue for other good shares to rebound in this bloody market...
rxxcap? RIP to my capital in this lousy stock...

Posted by LaoTzeAhSir > 2018-02-06 17:12 | Report Abuse

meiling. you able to justify why is it so?

Posted by Samtuckfatt > 2018-02-08 16:34 | Report Abuse

What is the impact on this counter when interest rate hike .25% ?
Its Only finance institution like bank will hv better profit on interest hike instead of RCEcap where the cost of finance also increase but the interest collected is fix on old lower rates ?

Posted by Outliar > 2018-02-08 16:47 | Report Abuse

@Jon Choivo

Posted by Nigel Low > 2018-02-08 18:03 | Report Abuse

Quarterly report out. Good result, organic growth.

Posted by Jon Choivo > 2018-02-08 18:04 | Report Abuse

Result was incredibly horrifying, only 5% increase. i hope everyone sells so that i, the rubbish collector can buy some. :)

For RCECAP, their current loans issued are fixed rates. which mean that they will not be able to enjoy this gain. Future loans should be able to.

In terms of their cost base (borrowings) however, the floating rate loans will record a 0.25% interest increase or thereabouts. While fixed rate will stay the same.

Feel free to quantify it yourselves (look at the NIM and ROA as well), to decide if its material or immaterial.

I'm not going to purposely push my cost price up.

TLDR: Rate hike, bad for RCECAP. Rate drop, good for RCECAP.

Posted by Jon Choivo > 2018-02-08 18:08 | Report Abuse

Also do note, the next quarter results wont be pretty. MFRS 9 is likely to whack one time, this applies to all financial institutions. Although, i think RCECAP will get whack less on a percentage basis compared to banks etc.

Posted by Abilakh > 2018-02-08 18:21 | Report Abuse

5% increase in profit pathetic

Posted by PotentialGhost > 2018-02-08 20:05 | Report Abuse

Actually job choivo do so much analysis in bank stock but finally he don't know anything , when mbsb selling at 1.04 he note that mbsb overvalued , but today mbsb 1.19。

No business sense and don't know what is value 。just read few book already think is next warren Buffett malaysia。

Posted by Jon Choivo > 2018-02-08 20:34 | Report Abuse

Valeant went all the way up to more than 200 before crashing to below 17 dollar per share. During its high, Charlie Munger called it a cesspool of shit.

The movement of price is largely irrelevant in terms of whether you are right or wrong.

A an investor must be willing to appear wrong often and be wrong rarely.

If you think i made an error in my analysis of MBSB, write an analysis on the fundamentals saying why. Don't quote me price movements.

You want prediction of price movement, i'm not the guy, and many people look like the guy but is not the guy.

They appear to be right most of the time, but is actually right rarely.

Go cari those people. Or feel free to disparage RCECAP and help me lower my future purchase price. With some luck, by 2019 i may even enter top 30! :)


Posted by PotentialGhost > Feb 8, 2018 08:05 PM | Report Abuse

Actually job choivo do so much analysis in bank stock but finally he don't know anything , when mbsb selling at 1.04 he note that mbsb overvalued , but today mbsb 1.19。

No business sense and don't know what is value 。just read few book already think is next warren Buffett malaysia。

Posted by Jarklp > 2018-02-08 23:48 | Report Abuse

i thought accounts will be reinstated under MFRS9, changes will be treated as prior year adjustments? Equity will have one off impact, but less so on future earnings.
With a higher provision , effectively more buffers to absorb future losses. if portfolio's credit profile is not deteriorating, earnings should improve instead, no? i could be wrong, i am not an accountant.

Posted by Jon Choivo > 2018-02-09 11:24 | Report Abuse

Yeap, there should be a restatement. But it will only be done in the annual report. im not sure if they will do it for the quarterly.


Jarklp i thought accounts will be reinstated under MFRS9, changes will be treated as prior year adjustments? Equity will have one off impact, but less so on future earnings.
With a higher provision , effectively more buffers to absorb future losses. if portfolio's credit profile is not deteriorating, earnings should improve instead, no? i could be wrong, i am not an accountant.
08/02/2018 23:48

Posted by mneo > 2018-02-09 12:47 | Report Abuse

will go up soon.....

Posted by LaoTzeAhSir > 2018-02-09 18:10 | Report Abuse

http://www.sinchew.com.my/node/1726990/升息影响微．rce贷款料快速成长

stock that remain stable even in the bad market.

Posted by Outliar > 2018-02-11 01:37 | Report Abuse

Correct me if Im wrong but I believe MFRS9 only kicks in FY19 for RCE Cap, and not the next quarter

Posted by meiling0809 > 2018-02-12 09:56 | Report Abuse

MFRS 9 is not only applicable to annual report but quarterly announcement as well, hence they have to disclose Q1 quarterly announcement with MFRS 9 impact.

Posted by ValueInvesting > 2018-02-15 15:09 | Report Abuse

http://xxscyehxx.blogspot.my/2018/02/rcercecap.html

Posted by LaoTzeAhSir > 2018-02-15 21:12 | Report Abuse

good.

Posted by asdf > 2018-02-17 16:05 | Report Abuse

Get this from someone.
Can anybody helps to interpret the message below?

***********************************************************
Trading Signalsbeta - RCECAP [NS]

Moving Average (Short Term) SELL
Moving Average (Mid Term) SELL
Moving Average (Long Term) SELL
Ichimoku Kumo HOLD
Bollinger Band -
RSI SELL
Stochastic BUY
Heikin-Ashi SELL
MACD SELL
Solid MA Trend -
SAT SELL
Sector Trend (Overall) SELL
Sector Trend (Short Term) SELL
Institutional Holdings -
Beat The Insti -
Magic Formula -
Better Than ASB -
52-Week High -
BTST -
T+ -
Candlestick -
Chart Pattern -

Posted by LaoTzeAhSir > 2018-02-17 16:49 | Report Abuse

TA is nth but full of straight BS. I wish they could sell more