RCE CAPITAL BHD

KLSE (MYR): RCECAP (9296)

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Last Price

2.93

Today's Change

-0.18 (5.79%)

Day's Change

2.85 - 3.01

Trading Volume

1,005,900

Financial

Financial Year 2020


Financial Year Annual Audited Account Annual Report View
Ann. Date Ann. Date
Discussions
8 people like this. Showing 50 of 4,102 comments

jeffrey1166

let wait gem fly

2 months ago

ashzaii

Drop 6%, whats going on

2 months ago

yielder

will government open up the license, to allow other banks to compete with RCE?

2 months ago

pang72

I thought the price stabilise then move up but crashing for 2nd round..
It likely gone now onward...
It is too high in fact...
It is more like glove stock which people thought will go $25 or $50..
But $1

2 months ago

jeffrey1166

small correction

1 month ago

jeffrey1166

tq pure bull sifu

1 month ago

alexnada

What happened? there was an uptick but then crash again???

3 weeks ago

speakup

Drop 4sen is a crash???

3 weeks ago

multi-bagger

Govt servant salary increase, rcecap is a direct beneficiary

3 weeks ago

jeffrey1166

ya tp can set 3.7

3 weeks ago

Penguin88

People just blindly chase up the stock price without further thinking.

For those civil servant with high position and already with high salary, the increment means they have more money to repay to the lessor, which in turn will reduce the profitability and margin of the company.

For those that not high in salary, they will use the increment for daily expense . Of course, increment will also enable them to borrow more money from lesser.

So in overall, this shld be viewed in neutral instead of over positive.

3 weeks ago

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.

3 weeks ago

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.

3 weeks ago

ooihk899

Aiyo, got ppl dun know how to read lo!!!!!! πŸ˜„πŸ˜πŸ˜‚πŸ€£
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.πŸ˜€πŸ˜πŸ˜‚πŸ˜†πŸ€£

3 weeks ago

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?

3 weeks ago

TalkNumberOne

πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚

3 weeks ago

jeffrey1166

coming fly

3 weeks ago

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.

3 weeks ago

ooihk899

Aiyoyo, got ppl angry lo, wakakaka πŸ˜€πŸ˜πŸ˜†πŸ˜‚πŸ€£.
Why? Your comment make me laugh ma. Why cannot laugh meh???
I oso express my opinion ma! Cannot meh?

3 weeks ago

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.

3 weeks ago

jeffrey1166

yaya surely qr will be nice

3 weeks ago

Penguin88

Hahaha now say it opinion wor..say ppl sour grape is opinion? Joker la you with really serious mental problem lol..sia sui

3 weeks ago

ooihk899

Aiyoyo, now ppl can't have opinion on other ppl wor?
Got law like that meh? πŸ˜€πŸ˜„πŸ˜πŸ˜†πŸ˜‚πŸ€£

3 weeks ago

yielder

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

3 weeks ago

limch

Civil servant pay increase not Dec'24 meh? Why RCE jump 22 sen today? Today they already borrow more from RCE?

3 weeks ago

multi-bagger

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

3 weeks ago

limch

If Chinese pay increase meaning save more.

3 weeks ago

multi-bagger

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

3 weeks ago

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.

3 weeks ago

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?

3 weeks ago

jeffrey1166

surely can boost up

3 weeks ago

yielder

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

3 weeks ago

multi-bagger

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

3 weeks ago

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.πŸ™‚ Must enjoy life ma.

3 weeks ago

ooihk899

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

3 weeks ago

jeffrey1166

they all like lend money

3 weeks ago

jeffrey1166

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

3 weeks ago

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!!!πŸ€‘

3 weeks ago

ooihk899

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

3 weeks ago

jeffrey1166

welcome ooi

2 weeks ago

jeffrey1166

time can prove on june

2 weeks ago

jeffrey1166

ya shogun

2 weeks ago

jeffrey1166

still undervalue

2 weeks ago

jeffrey1166

coming can fly ath

2 weeks ago

jeffrey1166

small corresction

1 week ago

kritikos

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

1 hour ago

jeffrey1166

keep buting

12 minutes ago

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