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

sheldon

1,432 posts

Posted by sheldon > 2022-04-26 09:48 | Report Abuse

Anyone has any idea as to the amount of ESOS outstanding.

alexnada

35 posts

Posted by alexnada > 2022-06-08 14:20 | Report Abuse

Major shareholders are buying again. is this a sign that RCECAP is performing very well?

ooihk899

2,058 posts

Posted by ooihk899 > 2022-06-08 18:29 | Report Abuse

He made several purchases in September last year. After that, the price shot up, announced bonus issue.... Hopefully this time will be the same.

alexnada

35 posts

Posted by alexnada > 2022-08-23 18:14 | Report Abuse

Will history repeating itself again?
Damn, I am tempted to login some...

sheldon

1,432 posts

Posted by sheldon > 2022-10-19 10:11 | Report Abuse

Don't you guys find this rampant issuance of options, the latest being for 19.1m shares disturbing?

Posted by blackgold77 > 2022-11-14 16:59 | Report Abuse

good QR coming? been sneakily going up

cwc1981

1,486 posts

Posted by cwc1981 > 2022-11-16 10:41 | Report Abuse

Got a bit movement

ooihk899

2,058 posts

Posted by ooihk899 > 2022-11-16 11:57 | Report Abuse

If QR is good then will move up lo. If Impairment loss is reduced then it should be a good QR.

ooihk899

2,058 posts

Posted by ooihk899 > 2022-11-21 18:32 | Report Abuse

Laughing all the way to the bank, dividend 23 sen!!!!!!!!!!!!!!!!

cwc1981

1,486 posts

Posted by cwc1981 > 2022-11-21 18:59 | Report Abuse

Licensed ah long sure good business

ooihk899

2,058 posts

Posted by ooihk899 > 2022-11-21 19:39 | Report Abuse

Ya, quater result break previous record high

Moolala

187 posts

Posted by Moolala > 2022-11-21 21:49 | Report Abuse

wow wow wow!

sheldon

1,432 posts

Posted by sheldon > 2022-11-22 09:20 | Report Abuse

Well done management!

cwc1981

1,486 posts

Posted by cwc1981 > 2022-11-22 21:08 | Report Abuse

Bad timing if not because of GE sure already 2

ooihk899

2,058 posts

Posted by ooihk899 > 2022-11-22 22:36 | Report Abuse

Bro, this company is more suitable for long term investment, it is for dividend. No need to look at price.

observatory

1,070 posts

Posted by observatory > 2022-11-27 12:49 | Report Abuse

There is another article about RCE on The Edge Saturday. There are a few key points:
1. Interviewed analysts believed loan loss provisioning due to many civil servants leaving their jobs may have peaked. In fact, provision for the latest quarter has come down.
2. Maybank expects RCE earnings to normalize because 2Q earnings were boosted by early settlement income as customers wanting to lock in lower rates before rates move higher.
3. RHB pointed out that given most of RCE’s funding is on a fixed rate basis, the impact of higher funding rate affects only new sukuk issuance.

ooihk899

2,058 posts

Posted by ooihk899 > 2022-11-27 13:21 | Report Abuse

I believe the management anticipate a better future earning, that's why they declare a special div of 18 sen. Even the interim div also being increased to 5 sen.

observatory

1,070 posts

Posted by observatory > 2022-11-28 17:02 | Report Abuse

RCE has a dividend policy of 20% to 40% payout. Despite the increasing payout ratio in the last few years, and in fact payout exceeded 40% in FY22, it has accumulated too much equity capital given the business has been growing quite slowly.
Take for example, over a period of 4.5 years from end Mar 2018 to end Sep 2022, shareholders’ equity has increased 76% from RM519m to RM912m. However total financing receivables only increased 21% from RM1.5b+ to RM1.8b+.
This is probably to motivation to return underutilized shareholder’s equity.
Maybe this is the request from its major shareholder. Still the management deserves praise for being responsible to shareholders.

cwc1981

1,486 posts

Posted by cwc1981 > 2022-12-09 16:51 | Report Abuse

Untung la ESOS.

ooihk899

2,058 posts

Posted by ooihk899 > 2022-12-11 22:51 | Report Abuse

Ok lah, the management did a good job ma.

AhKeat2018

150 posts

Posted by AhKeat2018 > 2022-12-16 15:10 | Report Abuse

Why suddenly sell down before dividends?

ooihk899

2,058 posts

Posted by ooihk899 > 2022-12-16 15:12 | Report Abuse

Today ex div, also Dow dropped 700+ last night ma.

Posted by jeffrey1166 > 2022-12-16 19:57 | Report Abuse

keep buying

ooihk899

2,058 posts

Posted by ooihk899 > 2022-12-17 11:22 | Report Abuse

Jeff, why keep buying? Appreciate if you could share your reasons.

Posted by jeffrey1166 > 2022-12-19 17:20 | Report Abuse

good company n price yet spike n the businnes is growing as qell ooihhk

ZackT73

32 posts

Posted by ZackT73 > 2022-12-20 11:07 | Report Abuse

thank you boss for the sweet dividend!

ooihk899

2,058 posts

Posted by ooihk899 > 2022-12-20 12:19 | Report Abuse

If NP is consistent, I think we should be getting at least 10 sen dividend yearly.

Moolala

187 posts

Posted by Moolala > 2022-12-20 12:35 | Report Abuse

Possibility for annual increase in dividends, provided earnings increase in tandem

ZackT73

32 posts

Posted by ZackT73 > 2022-12-30 15:16 | Report Abuse

conrgatulations to all rce cap holders!

cwc1981

1,486 posts

Posted by cwc1981 > 2022-12-30 15:43 | Report Abuse

Y?

Posted by jeffrey1166 > 2022-12-31 12:23 | Report Abuse

keep acculumate n wait for 2023 dividend 28 cents at least

ooihk899

2,058 posts

Posted by ooihk899 > 2022-12-31 12:45 | Report Abuse

Jeff, why do you think 2023 dividend will be at least 28 sen?

cwc1981

1,486 posts

Posted by cwc1981 > 2023-01-01 12:10 | Report Abuse

Special again. Haha

ooihk899

2,058 posts

Posted by ooihk899 > 2023-01-01 12:18 | Report Abuse

I don't think it's possible but I believe their dividend will be at least 10sen and above for FY2023 n beyond. Even at current price, if the dividend is 10 sen, yield will be 5.9%, which I consider is excellent if you compare to other divy stock in KLSE

Posted by jeffrey1166 > 2023-01-01 12:26 | Report Abuse

listen from a doctor as elaborate as special dividends

AhKeat2018

150 posts

Posted by AhKeat2018 > 2023-01-06 13:34 | Report Abuse

When can go back to RM 2.00 level?

ooihk899

2,058 posts

Posted by ooihk899 > 2023-01-06 14:02 | Report Abuse

When the profit continues to grow sure can back to RM2 lo, can even go above 3 wor. Why you ask? you stuck at RM 2 ar? Actually, only god knows the answer. Waakakaka.....

pang72

51,983 posts

Posted by pang72 > 2023-01-09 14:42 | Report Abuse

The only licence ah long better than bank for dividend and growth!

pang72

51,983 posts

Posted by pang72 > 2023-01-10 11:07 | Report Abuse

Why nobody sell 7.4 lots volume only?

ooihk899

2,058 posts

Posted by ooihk899 > 2023-01-10 13:11 | Report Abuse

This co's share is tightly control, look at today's sell Q, seldom have such high volume q to sell

alexnada

35 posts

Posted by alexnada > 2023-01-10 16:43 | Report Abuse

I believe most people would want to hold onto this counter and let it grow.
At least, I know I would.

cwc1981

1,486 posts

Posted by cwc1981 > 2023-01-11 12:39 | Report Abuse

Slowly going up again

pang72

51,983 posts

Posted by pang72 > 2023-01-11 13:35 | Report Abuse

I can see most people holding RCE for longer term for growth and dividend. This is the key reason of less seller. I follow ColdEye!

ooihk899

2,058 posts

Posted by ooihk899 > 2023-01-11 14:27 | Report Abuse

Ya lo, I hold since 2018. Pang, you change sifu ar? I thought you use to follow Kyy and OTB?

Posted by jeffrey1166 > 2023-01-11 15:19 | Report Abuse

agreed now the price ok as well

pang72

51,983 posts

Posted by pang72 > 2023-01-11 21:02 |

Post removed.Why?

pang72

51,983 posts

Posted by pang72 > 2023-01-11 21:04 | Report Abuse

This stock is for value investor and dividend earning.
I can feel the investors here are mostly satisfying RCE performance and willing to invest in longer term. Good!

ooihk899

2,058 posts

Posted by ooihk899 > 2023-01-12 11:06 | Report Abuse

Pang, If your sifu is KYY means when you say buy it actually means otherwise. hahaha

pang72

51,983 posts

Posted by pang72 > 2023-01-12 12:30 | Report Abuse

Ooi,
RCE is belong to sifu ColdEye.
It doest related to uncle YY.
We shld stick to ColdEye value investing strategy for RCE

ooihk899

2,058 posts

Posted by ooihk899 > 2023-01-12 19:39 | Report Abuse

Pang, RCE belongs to Azman Hashim lah not ColdEye lah.
Ya lo, agreed with you on the value investing strategy

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