RCE CAPITAL BHD

KLSE (MYR): RCECAP (9296)

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Last Price

1.56

Today's Change

+0.02 (1.30%)

Day's Change

1.52 - 1.56

Trading Volume

763,400


8 people like this.

4,113 comment(s). Last comment by fruitcake 1 day ago

wploun

397 posts

Posted by wploun > 2014-04-21 12:19 | Report Abuse

Up..up..up......Need to break 32 cent resistant, will race until 50 cent very soon.

Shark

70 posts

Posted by Shark > 2014-04-21 13:17 | Report Abuse

Increased volume & price..

smartly

6,442 posts

Posted by smartly > 2014-04-21 14:48 | Report Abuse

50c? any goodies to make her leap to 50c?

Shark

70 posts

Posted by Shark > 2014-04-22 09:25 | Report Abuse

rally started........

greenday

210 posts

Posted by greenday > 2014-04-22 09:37 | Report Abuse

0.50 soon.. Haha.. Cheapest financial counter !!

Shark

70 posts

Posted by Shark > 2014-04-22 10:00 | Report Abuse

yes going to fly soon...

Shark

70 posts

Posted by Shark > 2014-04-22 10:46 | Report Abuse

Can break the 52weeks high of 0.33?

greenday

210 posts

Posted by greenday > 2014-04-22 13:56 | Report Abuse

Break .33 will flying like rocket lor.. Awaiting buyer now

Shark

70 posts

Posted by Shark > 2014-04-22 14:49 | Report Abuse

Strong resistance seem at 0.33

wploun

397 posts

Posted by wploun > 2014-04-22 16:30 | Report Abuse

3 white solder, can fly high

greenday

210 posts

Posted by greenday > 2014-04-22 18:11 | Report Abuse

Faster queue buy now lor.. Share buy back again.. This time is de most quantity they buy back 165k lot.. Fulamak !!!

sasopi87

641 posts

Posted by sasopi87 > 2014-04-22 19:22 | Report Abuse

signal buy.............

cmloo

158 posts

Posted by cmloo > 2014-04-22 21:16 | Report Abuse

sleeping beauty woke up

Taka

2,018 posts

Posted by Taka > 2014-04-22 22:18 | Report Abuse

slow boring stock

Shark

70 posts

Posted by Shark > 2014-04-23 09:47 | Report Abuse

52 week broken..

wploun

397 posts

Posted by wploun > 2014-04-23 09:57 | Report Abuse

Share buy back start on 19June2013 till today, total up to date 24.49M share buy back into treasurer, just 2.13% of company share, The more share buy back the price will move up, still a lot room to go before big boss dispose?
http://ir.chartnexus.com/rce/onenew.php?id=34516&type=Announcement
http://ir.chartnexus.com/rce/onenew.php?id=44252&type=Announcement

greenday

210 posts

Posted by greenday > 2014-04-23 11:03 | Report Abuse

after broke 52 weeks new high 0.33, can see ppl queue buy 0.335, good sign keep buying..

wploun

397 posts

Posted by wploun > 2014-04-23 14:36 | Report Abuse

Are they consistent or are they buying in fits and starts?
Consistency indicates that the company has a plan to reward you. It is also an indication that the company is generating cash flow organically at a steady pace.
http://klse.i3investor.com/blogs/oldschool_jaejun/50735.jsp

greenday

210 posts

Posted by greenday > 2014-04-23 17:58 | Report Abuse

Fulamak, share buy back again.. This time more than yesterday.. Bought 0.325 - 0.34.. Paid 1.1 M.. 50c coming.. Haha..

cmloo

158 posts

Posted by cmloo > 2014-04-23 20:50 | Report Abuse

Good article sharing wploun.

Taka

2,018 posts

Posted by Taka > 2014-04-23 20:51 | Report Abuse

TAN SRI AZMAN HASHIM main sendiri kah ? Maybe he will buy back all the way to 50sen.

rlch

4,142 posts

Posted by rlch > 2014-04-24 07:34 | Report Abuse

Nobody interested; so RCE keep buying back its own shares almost everyday like HapSeng, Parkson, etc. Next target-40sen?

wploun

397 posts

Posted by wploun > 2014-04-24 09:17 | Report Abuse

Buyback 3.44M yesterday, continue buy continue profit grown.......good de
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1601749

Posted by Steven Wong > 2014-04-24 09:19 | Report Abuse

What is the implication with shares buyback? Can anyone explain how this will benefit us?

wploun

397 posts

Posted by wploun > 2014-04-24 12:46 | Report Abuse

Yesterday share buyback at average at $0.336, Do you think the company will sell you 0.325?
Not yet disposition, that mean the price can go up some more if today continue share buyback.

wploun

397 posts

Posted by wploun > 2014-04-24 17:25 | Report Abuse

Today price at 33.5 cent - average share buyback at 27sent x 27.93M earn 24% = just $1.81M, do you think the company will start sell the share ??? or will move to 50cent to sell ???

greenday

210 posts

Posted by greenday > 2014-04-24 18:17 | Report Abuse

4300 lot 0.325-0.33 24/4/2014 share buy back

wploun

397 posts

Posted by wploun > 2014-04-24 21:26 | Report Abuse

Company have a lot of money to buy back own share. ...good le.

wploun

397 posts

Posted by wploun > 2014-04-27 11:15 | Report Abuse

Another 170K share buyback at 0.33 last Friday, company doing this move to attract more buyer joint the rally, next week will move higher if you don't sell ?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1605237

rlch

4,142 posts

Posted by rlch > 2014-04-27 11:31 | Report Abuse

Cheapest stock which does shares buyback almost everyday. TP 40sen.

wploun

397 posts

Posted by wploun > 2014-04-29 10:28 | Report Abuse

Yesterday continue 150K share buy back at average $0.329. Share dropping will make company loss, do you think the boss is stupid to do this activity ????
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1606833

wploun

397 posts

Posted by wploun > 2014-04-29 12:00 | Report Abuse

Date of Buy Back : 11/04/2014 to 23/04/2014 ( 2 week time )
Total Amount Paid For Shares Purchased : RM 3,096,979.79 / No. of Shares Purchased : 9,693,200 shares = Average RM0.3195/share
Minimum Price Paid For Each Share Purchased : RM 0.285
Maximum Price Paid For Each Share Purchased : RM 0.340
Total No. of Shares Retained in Treasury : 27,931,000 shares

Do you think what the company will do keep on buying at high price ???

wploun

397 posts

Posted by wploun > 2014-04-30 08:33 | Report Abuse

Yesterday share buyback 355K cost $112.5K = average $0.317/share.
But share continue drop, continue buy. company will to make loss ???
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1609013

borgkilla

116 posts

Posted by borgkilla > 2014-05-12 15:32 | Report Abuse

Maybe shareholders taking advantage to off load since volume is high ?

xncziyi44

124 posts

Posted by xncziyi44 > 2014-05-09 21:10 | Report Abuse

lending bis tough, central bank firm on reducing loan control. owner must have felt it more profitable to invest in own shares hence the buy back.nav of rcecap is more than 50 cents.also nim net interest margin has been squeeced .cost to income not improving too.

rlch

4,142 posts

Posted by rlch > 2014-05-13 22:58 | Report Abuse

Will shares buyback push Rce Cap above 34sen, highest price for buyback? Tan Sri Azman Hashim has not sold any shares base on Bursa announcement.
http://klse.i3investor.com/servlets/stk/annshrtxn/9296.jsp

rlch

4,142 posts

Posted by rlch > 2014-05-13 23:23 | Report Abuse

Shares buyback now reach 2.56%. Can declare share dividend 1 for 40.

borgkilla

116 posts

Posted by borgkilla > 2014-05-14 21:48 | Report Abuse

Price hasn't moved much, even when Co buy back ?

rlch

4,142 posts

Posted by rlch > 2014-05-14 22:29 | Report Abuse

Shares buyback has enabled Rce Cap to move from about 27sen to 32.5sen in a year time or about 20%. If sellers withdraw their sale I think shares buyback can move price much higher. Rce Cap are among few finance counters still trading below NTA and also cheapest in share price.

smartly

6,442 posts

Posted by smartly > 2014-05-14 22:38 | Report Abuse

chicken feet sbb only.

homosapien

102 posts

Posted by homosapien > 2014-05-18 15:02 | Report Abuse

share buy back , currently at 3.6 % , share price move from about 0.24 to 0.32, its about 8 cents
thus 3.6 % share buy back = 8 cents increment of share price
every 0.45% share buy back will increase the share by 1 cents
or about 1 % share buy back ,price increase by 2cents
so if the share buy back continue at this rate.. the share price can go..provided the buyer & seller remain constant..
RCECAP can increase the value by declaring share from treasury share instead of normal cash dividend, and the cash save from dividend can use again for share buy back... and the process continue until the share price go up to its NAV

homosapien

102 posts

Posted by homosapien > 2014-05-18 15:04 | Report Abuse

RCECAP, the only penny share that is not move by the market /goreng yet,
price below NAV,
div every year
trap or opportunity?

rlch

4,142 posts

borgkilla

116 posts

Posted by borgkilla > 2014-05-21 21:16 | Report Abuse

Perhaps now will see some pick up in volume ?

rlch

4,142 posts

Posted by rlch > 2014-05-21 21:48 | Report Abuse

Hopefully with continuous shares buyback, dividend 1.5sen plus expectation of higher profit going forward will see my TP 40sen achieved this year.

Taka

2,018 posts

Posted by Taka > 2014-05-21 23:19 | Report Abuse

Div yield of 4.68% based on 1.5sen for share price of 32sen. If price hit 40sen, div yield still 3.75%. Better than FD interest rate.

smartly

6,442 posts

Posted by smartly > 2014-05-22 11:10 | Report Abuse

1.5sen div, quite generous, bad time pay higher div, last time good time pay 1sen only.

smartly

6,442 posts

Posted by smartly > 2014-05-22 11:17 | Report Abuse

this is after BI of 1:2, which mean this 1.5sen is equal to 2.25sen div before BI.
someone in need of money ?

hippo

23 posts

Posted by hippo > 2014-05-22 19:31 | Report Abuse

What's BI?

hippo

23 posts

Posted by hippo > 2014-05-22 19:32 | Report Abuse

Smartly- what's the meaning of BI? Thank you

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