Bursa Malaysia (KLSE) Stock Investment Portal

Govt servant salary increase, rcecap is a direct beneficiary

2 months ago

ya tp can set 3.7

2 months ago

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.

2 months ago

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.

2 months ago

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.

2 months ago

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.😀😁😂😆🤣

2 months ago

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?

2 months ago

TalkNumberOne

😂😂😂😂😂😂😂😂

2 months ago

coming fly

2 months ago

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.

2 months ago

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?

2 months ago

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.

2 months ago

yaya surely qr will be nice

2 months ago

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

2 months ago

https://www.sinchew.com.my/news/20240502/finance/5577425
Maybank TP 3.02😉

2 months ago

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

2 months ago

yielder

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

2 months ago

limch

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

2 months ago

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

2 months ago

limch

If Chinese pay increase meaning save more.

2 months ago

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

2 months 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.

2 months ago

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?

2 months ago

surely can boost up

2 months ago

yielder

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

2 months ago

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

2 months ago

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.

2 months ago

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

2 months ago

they all like lend money

2 months ago

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

2 months ago

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!!!🤑

2 months ago

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

2 months ago

Shogun86

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

2 months ago

welcome ooi

2 months ago

time can prove on june

2 months ago

ya shogun

2 months ago

calvintaneng

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

2 months ago

still undervalue

2 months ago

coming can fly ath

2 months ago

small corresction

2 months ago

kritikos

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

2 months ago

keep buting

2 months ago

cheated

Maybank IB con us?

2 months ago

2 months ago

kimpeng

great

4 days ago

got bi

4 days ago