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

3.03

Today's Change

+0.04 (1.34%)

Day's Change

2.94 - 3.05

Trading Volume

1,850,700

Profile
RCE CAPITAL BHD

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

Description

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.

Address

1 Jalan Lumut 20th Floor, Menara AmMetLife, Kuala Lumpur, 50400, Malaysia

+60340470988

http://www.rce.com.my

Discussions
8 people like this. Showing 50 of 4,089 comments

TiffanixLVxHermes

do not dare to catch falling knife 😥
wait and see

2 months ago

avex546322

sold smci and back to rcecap again.

2 months ago

jeffrey1166

i keep accumulate as well

2 months ago

jeffrey1166

fair price in pe 3.6

2 months ago

multi-bagger

huh, pe 3.6 means share price only .70 wor...

2 months ago

ooihk899

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

slts

surely back to 3+

2 months ago

multi-bagger

lol i get it now

2 months ago

jeffrey1166

ya correct

2 months ago

jeffrey1166

just buy n keep only easy investment

2 months ago

Steven Lim

Post removed.Why?

1 month ago

jeffrey1166

coming boost up

1 month ago

calvintaneng

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

jeffrey1166

let wait gem fly

1 month ago

ashzaii

Drop 6%, whats going on

1 month ago

yielder

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

1 month 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

1 month 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???

4 days ago

speakup

Drop 4sen is a crash???

4 days ago

multi-bagger

Govt servant salary increase, rcecap is a direct beneficiary

2 days ago

jeffrey1166

ya tp can set 3.7

2 days 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.

2 days 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.

2 days 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.

2 days ago

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.😀😁😂😆🤣

2 days 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?

2 days ago

TalkNumberOne

😂😂😂😂😂😂😂😂

2 days ago

jeffrey1166

coming fly

2 days 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.

2 days ago

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?

2 days 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.

2 days ago

jeffrey1166

yaya surely qr will be nice

2 days 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

2 days ago

ooihk899

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

2 days ago

yielder

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

2 days ago

limch

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

2 days ago

multi-bagger

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

2 days ago

limch

If Chinese pay increase meaning save more.

2 days ago

multi-bagger

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

2 days 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.

1 day 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?

1 day ago

jeffrey1166

surely can boost up

1 day ago

yielder

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

1 day ago

multi-bagger

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

1 day 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.🙂 Must enjoy life ma.

1 day ago

ooihk899

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

1 day ago

jeffrey1166

they all like lend money

1 day ago

Post a Comment