RCE CAPITAL BHD
KLSE (MYR): RCECAP (9296)
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Last Price
1.67
Today's Change
-0.03 (1.76%)
Day's Change
1.67 - 1.70
Trading Volume
37,900
Entitlement
Upcoming
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Discussions
8 people like this. Showing 50 of 4,111 comments
13% or 30%? If getting 30% do they still need to go borrow additional money? 30% is a comfortable level for them to service existing debt instead of borrow more money?
Why everyone is thinking with increment all civil servant must need to borrow more money? In the past civil servant borrow money is because low salary, now with such increment they can be more affordable to pay bills by their own instead of relying more borrowing.
2024-05-02 13:06
Aiyo, got ppl dun know how to read lo!!!!!! 😄😁😂🤣
Go read more detail lo. 13% is the average.
What??? Sour grape ar? Not able to buy cheap ar? Miss the boat is it?
Let me know how much you want, I'll sell to you lo!!!
Wakakakakaka.😀😁😂😆🤣
2024-05-02 13:08
We are expressing our thought and opinion here for discussion and you suddenly say so much of useless words? You think everyone with opposite thought with you is sour grape? You got serious mental diseases and you forgot to eat medicine?
2024-05-02 13:28
https://www.sinchew.com.my/news/20240502/nation/5576789
It's 20% to 40% increment for low level civil servant.
Minimum pay is 2K for civil servant.
2024-05-02 16:12
Aiyoyo, got ppl angry lo, wakakaka 😀😁😆😂🤣.
Why? Your comment make me laugh ma. Why cannot laugh meh???
I oso express my opinion ma! Cannot meh?
2024-05-02 16:19
Jeff, hope you're r right. For me, coming QR is more important.
If QoQ n YoY cantik., then ok lo, else ....like wat happen in end Feb lo.
2024-05-02 16:22
Hahaha now say it opinion wor..say ppl sour grape is opinion? Joker la you with really serious mental problem lol..sia sui
2024-05-02 18:21
Aiyoyo, now ppl can't have opinion on other ppl wor?
Got law like that meh? 😀😄😁😆😂🤣
2024-05-02 18:42
how RCE benefit from civil servant salary increase? if they got more money, they should borrow less
2024-05-02 19:25
Civil servant pay increase not Dec'24 meh? Why RCE jump 22 sen today? Today they already borrow more from RCE?
2024-05-02 20:09
you've gotta understand their mentality, the more they earn means the more they can borrow
2024-05-02 20:29
also maybank IB increased rcecap target price from 2.44 to 3.02 after the announcement
2024-05-02 20:35
Once u get used to spending future money and loan to spend, more money means more spending. They will only borrow more because the DSR allowed them to borrow more now. So, yes, with increment, they will spend more and borrow more.
2024-05-02 23:26
When Maybank downgrade from buy to hold with target price 2.44, the share price is still higher than 2.44. No one mention this here. When Maybank upgrade to buy now, ppl keep sharing this. Why?
2024-05-02 23:35
@Penguin I wish you good luck in your investing journey, I think u need it
2024-05-03 07:54
Never believe those IB. Do your own research.
If I'm civil servant, I do not need to save a lot since I have pension.
After I pass away, my wife will inherit my pension. So why worry.
If children cannot get scholarship, there is always PTPTN. interest
1 percent only. Now is high inflation era, money depreciate very fast.
So spend lo, if not enough money borrow lo, else if you buy later,
thing will become 10 or 15 or 20 percent more expensive.
Anyway, iron rice bowl ma.🙂 Must enjoy life ma.
2024-05-03 09:20
Jeff, even div of .09 is a big thing for RCE.
Wow, if div is really 0.1, n QR is good,
RCE sure will shoot thru the roof!!!🤑
2024-05-05 16:16
Thanks for the info, Jeff.
Also, It should be the final dividend they will declare the coming Q.
2024-05-05 16:51
Direct correlation with strong 'Buy' rating 💪
https://www.thestar.com.my/business/business-news/2024/05/06/rce-cap-to-benefit-from-civil-servant-salary-hike
2024-05-06 13:26
CALVIN TAN SAY, THANK YOU 9 MILLION TIMES FOR 9 MILLION PAGE VIEWS IN i3 INVESTORS' FORUM!"
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-05-10-story-h-181811054-CALVIN_TAN_SAY_THANK_YOU_9_MILLION_TIMES_FOR_9_MILLION_PAGE_VIEWS_IN_i3
2024-05-10 12:17
Shares in RCE Capital Bhd (KL:RCECAP) surged on Tuesday, and were on course for their biggest single-day gain in more than six years, following a proposed one-for-one bonus share issue.
RCE Capital rose as much as 28 sen, or nearly 10%, its steepest climb since May 2018. The stock hit RM3.20, its highest since Jan 26, and was trading at RM3.13 at 11.30am, giving the consumer finance company a market value of RM2.32 billion.
The stock was also more active than usual, with 1.62 million shares changing hands, quadruple the 20-day moving average.
“We are positive on this proposal, as we believe that the bonus issue will enhance the marketability of its shares”, making the stock more appealing and improve the trading liquidity, said Public Investment Bank. If the proposal goes through, RCE Capital’s target price will be adjusted to RM1.56, it noted.
2024-07-23 14:10
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It will be 30% increment starting from lowest level civil servant.
The higher level it goes, the lower the increment.
This will resulted in more civil servant eligible to
apply for loan than expected.
But most important is still the coming QR.
2024-05-02 12:48