KLSE (MYR): RCECAP (9296)
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Last Price
3.03
Today's Change
+0.04 (1.34%)
Day's Change
2.94 - 3.05
Trading Volume
1,850,700
Exchange: Bursa Malaysia Bursa Malaysia
Country Code: MY MY
Currency: MYR MYR
Sector: FINANCIAL SERVICES FINANCIAL SERVICES
Subsector: OTHER FINANCIALS OTHER FINANCIALS
Index Group: FINANCIAL SERVICES FINANCIAL SERVICES
Category: ORDINARY SHARE ORDINARY SHARE
Syariah Flag: Yes Yes
Short Sell Flag: Yes Yes
IDSS Flag: Yes Yes
RCE Capital Bhd is engaged in the business of investment holding and provision of management services. The company operates in two segments: Consumer financing which is involved in general consumer loan financing; Investment holding which is involved in investment activities, provision of management services and provision of factoring and confirming. The group operates substantially in Malaysia.
1 Jalan Lumut 20th Floor, Menara AmMetLife, Kuala Lumpur, 50400, Malaysia
+60340470988
Bro, what jeff meant is based on the PE, the TP is 3.6.
For me, the price will be base on next QR n also the coming
new government salary scheme.
2 months ago
Blog: THE IMMENSE VALUE OF TSH'S 80,000 ACRES PRIME LANDS IN BONGAN, (Only 43.9 KM from TiTik Nol IKN NUSANTARA, By Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-03-12-story-h-186519186-THE_IMMENSE_VALUE_OF_TSH_S_80_000_ACRES_PRIME_LANDS_IN_BONGAN_Only_43_9
1 month ago
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
1 month 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 days 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 days 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 days 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 days 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 days 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 days 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 days 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 days 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 days ago
Aiyoyo, now ppl can't have opinion on other ppl wor?
Got law like that meh? 😀😄😁😆😂🤣
2 days ago
how RCE benefit from civil servant salary increase? if they got more money, they should borrow less
2 days ago
Civil servant pay increase not Dec'24 meh? Why RCE jump 22 sen today? Today they already borrow more from RCE?
2 days ago
you've gotta understand their mentality, the more they earn means the more they can borrow
2 days ago
also maybank IB increased rcecap target price from 2.44 to 3.02 after the announcement
2 days ago
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.
1 day 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?
1 day 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.
1 day ago
TiffanixLVxHermes
do not dare to catch falling knife 😥
wait and see
2 months ago