Posted by gladiator > 2018-06-06 18:08 | Report Abuse

RCE closing RM1.55 not bad. Congratulations to both Whey Whey & Jon Choivo for holding on to RCE. The real enemy of this topic is Calvin try to fool you guys into buying his Holland stock TA.

Posted by Eric6790 > 2018-06-06 18:24 | Report Abuse

I hope this stock will going up further

Posted by Jon Choivo > 2018-06-06 18:59 | Report Abuse

Haha this is funny. Stock go up, but whole place angry. Haha

Whey Whey, you do you lah. I also lazy do zero value add activity and argue with you. Not like you can contribute in any way to our understanding of this company.

Good also lah got trader. If everyone like me, habis, nothing to buy d, economy also bankrupt since everyone will be buying stocks only!

Let me comment for you on your behalf.

Scenario 1: Stock price go up.
Whey Whey: Wah, stock price go up! (Then to make sure he sound smart, "Potential breakout, and above SMA100!")

Scenario 2: Stock price go down
Whey Whey: Wah stock price go down! (Potential consolidation, why good stock price go down? Operator selling his precious stock to push price down so he buy cheaper?)

Scenario 3: Stock price drop some more.
Whey Whey: Stock price go down again! (Dangerous, might be bad sentiment. Falling knife, must be careful. Break SMA100, very dangerous.)

Posted by Jon Choivo > 2018-06-06 19:00 | Report Abuse

Congratulate him, he does not the know the value, so when price go up he very happy.

I always want to buy more, so every time price go up, i feel very sad. Just like my dog die. My cost keep going up and up.


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gladiator RCE closing RM1.55 not bad. Congratulations to both Whey Whey & Jon Choivo for holding on to RCE. The real enemy of this topic is Calvin try to fool you guys into buying his Holland stock TA.
06/06/2018 18:08

Posted by gladiator > 2018-06-06 20:06 | Report Abuse

RCE has drop to 52 week low for the last six months, I bought enough already not going to add more. So I hope RCE will continue to go up.

Posted by Valuegrowth45 > 2018-06-06 20:41 | Report Abuse

I added some 30,000+ shares at around 1.45 yesterday morning. Could have bought more in the afternoon but was caught in a long business meeting. Anyway, I am happy with my position. TA wise I think Monday was considered a breakout. Last two days volume is also increasing. Good sign overall.

I like this stock because of low PE, high ROE, high dividend yield (20% to 40% of earning as indicated by management), decreasing NPL, high margin, steady growth in terms of topline and bottomline. Hard to find another stock like this. Too good to be true unless there is hidden risk that I don’t understand. One more thing, the company is also buying back own share on a daily basis.

Posted by Jon Choivo > 2018-06-06 21:04 | Report Abuse

"Too good to be true unless there is hidden risk that I don’t understand."

They dont have access to CCRIS, and they do not disclose their criteria for customers publicly (understandable, as this is their edge, you dont want people compete in your same niche).

So their asset base may very well be rubbish.

I actually seriously considered joining the company as a strategy analyst, just so i can see that criteria, and properly take care of my investment and baby, make sure the company keeps making more and more money safely!

Also, if i were to work there, and can really see everything. If i still really like the company. I can forget about diversifying, instead of putting 30% of fund into it, can just throw like 70% in.

From what i derived in my analysis, i really wanted to collect the shares of the company for a few years. But i'm not sure this is going to be possible.

Haha good good gladiator, that gives me the opportunity to buy more at a lower price haha.

Going to call investor relations, ask them can stop buying back shares anot. Keep raising my cost.

Posted by draffluent > 2018-06-06 21:14 | Report Abuse

Research report from Maybank IB and KAF
http://www.rce.com.my/docs/news/RCE%20RR%2020180530%20MKE.pdf
http://www.rce.com.my/docs/news/RCE%20-%20Ahead%20of%20expectations%20-%20KAF%20-%20280518.pdf

Posted by Jon Choivo > 2018-06-06 21:19 | Report Abuse

You really is lucky dao, i started buying in October 2017. At 1.55, then bought more at 1.6X, then buy at 1.4X, 1.3X, 1.2X and 1.3X again.

Really is don't have luck when it comes to buying near the bottom. Oh well, got buy better than no buy, as long as the discount on price to intrinsic value is large enough.


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gladiator RCE has drop to 52 week low for the last six months, I bought enough already not going to add more. So I hope RCE will continue to go up.

Posted by Whey Whey > 2018-06-07 00:04 | Report Abuse

Lazy to argue with some idiot and since I promise readers i will ignore him so i will not respond to his comments anymore. The readers can read urself and see how he keep provoking. If the rcecap price drop u know who to find for since he like to see rcecap red so much. For the rest of u goodnight and I wished u all make money in rcecap. I will be less here because someone think he own the forum so I'm just wasting my time here. Bye everyone ~

Posted by Lukesharewalker > 2018-06-07 00:12 | Report Abuse

Artifical lift by share buyback 965k.....anticipate the price not to last

Posted by Jun Yu > 2018-06-07 16:44 | Report Abuse

Hold RCECAP for almost 1 year, keep add on and add on until no money to buy liao...

Posted by Jon Choivo > 2018-06-07 19:09 | Report Abuse

Haha, i concede i may have been too aggressive and crude. One of the faults of youth i suppose, given time, i think life should knock that arrogance out of me.

I apologize for being crude.

However, the thing about a public forum is, if you air your thoughts out loud, people can now comment on it, and in my case, call you a fool.

I would however say i admire you courage is saying out what you think. The cost of not saying the truth is far too high.

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Whey Whey Lazy to argue with some idiot and since I promise readers i will ignore him so i will not respond to his comments anymore. The readers can read urself and see how he keep provoking. If the rcecap price drop u know who to find for since he like to see rcecap red so much. For the rest of u goodnight and I wished u all make money in rcecap. I will be less here because someone think he own the forum so I'm just wasting my time here. Bye everyone ~
07/06/2018 00:04

Posted by DaitoRyu > 2018-06-11 16:17 | Report Abuse

1.60 broken...good, lets hope we continue upward momentum now.

Posted by Whey Whey > 2018-06-11 22:31 | Report Abuse

@DaitoRyu haha bro cannot talk about price broken or upward momentum etc in this forum u know...otherwise some idiot will said u are stupid and wasting time looking af TA xD

Posted by Jon Choivo > 2018-06-12 10:06 | Report Abuse

Haha, talk lah.

I lazy to look here d. Price go up everyday. I also sien.

I also no more money to top up d. At least for 1-2 months. So no point looking also.

Posted by JoeNas > 2018-06-12 16:02 | Report Abuse

hi guys, can i ask, if rcecap still have possibility to reach up till 1.9 again?

Posted by Jon Choivo > 2018-06-12 16:18 | Report Abuse

No, will limit down soon. 17,000 govt employees getting fired. And MFRS 9 will be implemented next quarter, which means 7.2 million loss will hit next quarter.

Chart is clearly showing that as it is now consolidating as people start to process this information.


It should start dropping and falling knife soon.

Both FA and TA is bad.

Be careful, best if you dont buy at all. Go ask OTB what to buy, HUAAN HUAT HUAT HUI HUI!

Posted by Eric6790 > 2018-06-12 16:23 | Report Abuse

wa,if like u say those buy at 1.60 bad luck lo

Posted by Jon Choivo > 2018-06-12 16:26 | Report Abuse

I bought at 1.65 back then. Most bad luck one!

Posted by Whey Whey > 2018-06-12 16:28 | Report Abuse

Haha now we can see who is the real evil here.

Posted by Eric6790 > 2018-06-12 16:37 | Report Abuse

hope it can rebound back,

Posted by JoeNas > 2018-06-12 17:58 | Report Abuse

actually im the employee for RCE, company provide share tht we can buy, it unlucky because i still cant manage to sell it. brought it last year untill now no profit. if i sell it now i get around 30K loss :(
just sharing the story. leak of knowledge lead me to loss. i should sell it before they announce the distribution

Posted by Jon Choivo > 2018-06-12 18:04 | Report Abuse

JoeNas, please search for me on facebook.

I'd like to talk in greater detail with you on some questions i have. I'll be willing to share with your my full research on this company, in exchange for answering some queries i have.

Posted by JoeNas > 2018-06-12 18:11 | Report Abuse

ok Sir sure, will contact you thru FB. thank you for your concern :)

Posted by TakeProfits > 2018-06-13 02:56 | Report Abuse

I am getting confused by all some positive and negative talk. Earlier on, son e you say 17k staff get laid off is nothing. Now some of you say the govt laying off staff is bad. Jon, you used to say good about this,stock. What's the real story this stock then. Not all 17k staff are borrowers. So, is,there anything to worry!! Please lar everyone.

Posted by Whey Whey > 2018-06-13 07:53 | Report Abuse

Haha now only u know who's the real axxhole here.

TakeProfits I am getting confused by all some positive and negative talk. Earlier on, son e you say 17k staff get laid off is nothing. Now some of you say the govt laying off staff is bad. Jon, you used to say good about this,stock. What's the real story this stock then. Not all 17k staff are borrowers. So, is,there anything to worry!! Please lar everyone.
13/06/2018 02:56

Posted by Jon Choivo > 2018-06-13 12:49 | Report Abuse

Whey Whey,

If you know someone selling the hermes bag taken from rosmah house at Rm500 each with full packaging, will you buy as much as you can for as long as you can, assuming you know for a fact it is real.

Or will you go shout to the world ask them to come buy also, because unless someone bid up the price of each bag to RM200k each, you wont know how much is the bag you bought is worth.

That's either the action of a fool or someone who does not know the value of what he buys.

I dont particularly mind if the price go down, even if its by alot, because i always want to buy more, i'm only limited by my fund size and my conservatism in making sure it does not exceed 30%.

So yes, if wanting to buy as much of RM1 for 50 sen for as long as possible means im an asshole. Im a top tier, first class axxhole. In fact, i doubt there's a bigger one that me in the bursa.





Takeprofit,

If you're confused by some random trolly post by me on the forum, it means you don't understand the business and your precious investment well enough. Please print out the reports and the market research and go study more yourself, go sleep with the report and read it until its in tatters.

Posted by TakeProfits > 2018-06-16 03:13 | Report Abuse

Haha Jon. Thanks very much.

Posted by yuanlong57 > 2018-06-20 10:41 | Report Abuse

No cap on civil servants’ debt service ratio for mortgages — Bank Negara

http://www.theedgemarkets.com/article/no-cap-civil-servants-debt-service-ratio-mortgages-%E2%80%94-bank-negara

Posted by Jon Choivo > 2018-06-20 21:47 | Report Abuse

Thats interesting news. Thanks.

Posted by Outliar > 2018-06-29 03:57 | Report Abuse

Looking back at the previous page, how is their ROE > 15%? Isnt it 4.5~%?

Posted by Jon Choivo > 2018-06-29 13:21 | Report Abuse

Unlevered, Banks ROA is low, PBBANK the highest in Msia is 1.85%. But they leverage up 10 times.

RCE's is about 6.5, levered 2.5 times or so. Can't rmbr, only checked the key bits.

Posted by DaitoRyu > 2018-07-04 16:06 | Report Abuse

RCE Capital

Meanwhile RCE Capital is controlled by prominent banker Tan Sri Azman Hashim, who owns a 58.6% stake via Amcorp Group.


Read more at https://www.thestar.com.my/business/business-news/2018/06/30/making-money-from-money/#Ttd1wZzPj8vx5qhs.99

Posted by yuanlong57 > 2018-07-04 19:19 | Report Abuse

OTHERS RCE Capital Berhad ("RCE" or "Company") - Employees' Share Scheme ("ESS")
http://www.klsescreener.com/v2/announcements/view/28894573
Within the context of the ESS, can we expect price to bottomline at 1.58 and stay above pending QR in August? Today's high at 1.610, low at 1.56 and close at 1.58.

Posted by cheoky > 2018-07-05 11:37 | Report Abuse

cheers

Posted by Jon Choivo > 2018-07-05 13:28 | Report Abuse

Not a fan of ESOS. But as the company is majority owned by a private company, i dont think its the management trying to screw the shareholders, instead it is the company wanting to correctly incentivize the employees to be in line with the company. So its ok-ish.

My preference is always how berkshire did esos. Give the employee a zero interest loan to buy stocks of the company at market price. in their case, the employee take all the gain and loss.

I don't think need so extreme. Employee partake in 100% of the gain, and 50% of the loss. So just pay back in installments via direct salary deduction, with the last few installments being adjusted as per the market price (in the event the price goes down).

Really fast way to have your employees take an owner perspective.

Posted by yuanlong57 > 2018-07-10 00:42 | Report Abuse

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS OUTSIDE CLOSED PERIOD

Announcement
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD

Description The Company had on 6 July 2018 received notifications from the following Principal Officers in relation to their acceptance of Letter of Offer for the grant of options under the Employees' Share Option Scheme of the Company's Employees' Share Scheme as set out in the table below.

The consideration paid by each Principal Officer is RM1.00 for the acceptance of the offer.
Name of Principal Officers Date of Acceptance Number of Options Option Price
Loh Kam Chuin 6 July 2018 500,000 RM1.37
Yap Choon Seng 6 July 2018 500,000 RM1.37
Oon Hooi Khee 6 July 2018 500,000 RM1.37
Low Peck Yoke 6 July 2018 320,000 RM1.37
This announcement is dated 6 July 2018.
http://ir.chartnexus.com/rce/readnews.php?id=87115

Posted by issac99289928 > 2018-07-10 22:15 | Report Abuse

Aggregate Amount Of Outstanding Loans increases by 4.1 percent in comparison to last quarter from 911 millions to 949 millions.good year for RCECAP.

http://malaysiastock.biz/Company-Announcement.aspx?id=1048684

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=88176&name=EA_GA_ATTACHMENTS

Posted by Pc Tan > 2018-07-12 12:50 | Report Abuse

2.00 coming soon

Posted by Jun Yu > 2018-07-26 21:26 | Report Abuse

RM2 im waiting for u... waiting for u...

Posted by Terence Wang > 2018-07-27 08:07 | Report Abuse

When will release the Q report ?

Posted by Jon Choivo > 2018-07-31 16:21 | Report Abuse

Bought more, 32% of fund. I scared d.

Posted by Outliar > 2018-07-31 21:36 | Report Abuse

Getting ever so close to top 30 shareholding then?

Posted by Whey Whey > 2018-07-31 22:41 | Report Abuse

Hahahaha please la he can become top 30 shareholding? Please don't make me laugh xD

Posted by jetta > 2018-07-31 23:13 | Report Abuse

11. RHB CAPITAL NOMINEES (TEMPATAN) SDN BHD 1,500,000 0.44%
- PLEDGED SECURITIES ACCOUNT FOR FONG SILING (mr.冷眼）

Posted by EngineeringProfit > 2018-07-31 23:15 | Report Abuse

Interesting.....

Posted by Jon Choivo > 2018-07-31 23:15 | Report Abuse

Outliar, long way to go.

If price don't change, give me 2 years.

Wheywhey,

I would like you to make money, but I'd rather it not be here. You want to tell now is sma breakout or whatever anot?

Posted by Jon Choivo > 2018-07-31 23:18 | Report Abuse

All this fongsiling parasites, can you guys go to mbsb or something ah. He sailang there.

Posted by Eric6790 > 2018-08-01 09:44 | Report Abuse

u mean he push de shareprice up