RCE CAPITAL BHD

KLSE (MYR): RCECAP (9296)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

1.64

Today's Change

+0.01 (0.61%)

Day's Change

1.63 - 1.66

Trading Volume

554,300

Entitlement

Upcoming

Happening

Ann. Date Ex Date Type Subject Amount
Discussions
8 people like this. Showing 50 of 4,111 comments

ooihk899

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

Penguin88

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

ooihk899

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

Penguin88

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

TalkNumberOne

😂😂😂😂😂😂😂😂

2024-05-02 13:40

jeffrey1166

coming fly

2024-05-02 15:53

ooihk899

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

ooihk899

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

ooihk899

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

jeffrey1166

yaya surely qr will be nice

2024-05-02 17:43

Penguin88

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

ooihk899

Aiyoyo, now ppl can't have opinion on other ppl wor?
Got law like that meh? 😀😄😁😆😂🤣

2024-05-02 18:42

yielder

how RCE benefit from civil servant salary increase? if they got more money, they should borrow less

2024-05-02 19:25

limch

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

multi-bagger

you've gotta understand their mentality, the more they earn means the more they can borrow

2024-05-02 20:29

limch

If Chinese pay increase meaning save more.

2024-05-02 20:31

multi-bagger

also maybank IB increased rcecap target price from 2.44 to 3.02 after the announcement

2024-05-02 20:35

AhKeat2018

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

Penguin88

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

jeffrey1166

surely can boost up

2024-05-02 23:51

yielder

will government issue more money lending license to compete with RCE?

2024-05-03 05:37

multi-bagger

@Penguin I wish you good luck in your investing journey, I think u need it

2024-05-03 07:54

ooihk899

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

ooihk899

Also, government hospital medical cost is very low for civil servant ma.

2024-05-03 09:22

jeffrey1166

they all like lend money

2024-05-03 10:27

jeffrey1166

tp can set 3.8 dividend 0.1 first interim as mm start huge buying

2024-05-05 14:03

ooihk899

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

ooihk899

Thanks for the info, Jeff.
Also, It should be the final dividend they will declare the coming Q.

2024-05-05 16:51

jeffrey1166

welcome ooi

2024-05-06 18:19

jeffrey1166

time can prove on june

2024-05-06 18:19

jeffrey1166

ya shogun

2024-05-07 20:26

jeffrey1166

still undervalue

2024-05-10 17:36

jeffrey1166

coming can fly ath

2024-05-12 18:35

jeffrey1166

small corresction

2024-05-13 17:15

kritikos

sell on results, too much expectation baked into the price...

2024-05-27 09:31

jeffrey1166

keep buting

2024-05-27 10:46

cheated

Maybank IB con us?

2024-05-27 11:55

jeffrey1166

ya

2024-05-27 14:22

kimpeng

great

2024-07-22 17:52

jeffrey1166

got bi

2024-07-22 23:21

jeffrey1166

div yield hope will gain up

2024-07-22 23:22

Shogun86

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

Crooks

Shooting up soon
https://theedgemalaysia.com/node/719878

2024-07-24 10:26

bhtay23

How high can it go?

2 months ago

klee

SAPU.

2 months ago

multi-bagger

Sui, one of the few bright spots in my portfolio today

2 months ago

Shogun86

Guys, any estimate on pricing after 1:1 bonus issue on 24 Sept?

1 month ago

Post a Comment