When I first bought rcecap years ago, there were many naysayers who were complaining about its high debt too, saying that govt servants would quit their jobs and the loans would go bad. But in the end the strong cashflow proved them wrong and I'm now enjoying 5 figure dividends twice a year.

Yes I like good counters with solid fundamentals and growth. As KGB is in the growth phase, naturally their receivables would be high. Future qr's will show whether their cashflow is solid. At this stage its way too soon to dismiss them as a failed co with uncollectable debts

This Calvin posts very irritating, is it possible to report or flag them as spam?

yeah I hold for long term dividend yield, if price goes low enough I'll start reaccumulating

rhb downgraded rcecap to sell, wonder how this affects the share price...

Thank you very much Mr OTB. 🙏

LOL, the more nonsense Calvin spews here, the higher the price goes.

😂😂

Its a nice dream and I really do hope it becomes reality, but in the meantime I'm happy collecting my div every quarter

why is KGB forum being spammed with discussion about plantation counters??!?!!?

Huge volume today, entry of new shareholder perhaps?

Privatization rumours again??

scicom and Nvidia totally different business, highly unlikely to team up

lololol

KGB reminds of frontken and penta in their initial stages of liftoff, increasing revenue and profit and most importantly increasing profit margins

OK speakup has farted here, confirm this stock is gonna flyyyyy

No point arguing with this fella, he has a warped understanding of cashflow and receivables. But his badmouthing has some benefits, the share price hasn't skyrocketed yet. Otherwise I believe it would be at least 30-40% higher than current price

@calvintaneng, you talk about receivables like its the plague, then how do you explain Rcecap's humongous receivables and borrowings?? How can such a good company have such high receivables and borrowings??

I concur with your earnings and valution forecast @cgtan

fair price is subjective and depends a lot on future earnings, they may have a great FY 2024 and pay out huge dividends and fair price can be upped higher

so Speakup = Greatest fool 😂😂😂

when all those naysayers start talking about selling and taking profit, it shoots up. Hope more will ppl come to speakup about greater fool theory😂😂

actually I am grateful to Calvin for his article on KGB, otherwise I wouldn't have been able to accumulate KGB after the great qr😄

sellers will always be there, most important is that the selling is well absorbed, got support

friggin awesome move in a market like this

Calvin has fallen in love with his plantation stocks, although I do hold some oil palm counters for dividend but I don't see much growth in the near future, unless people start drinking palm oil like water

concur with your statement

net cash is 80% of market cap

Insane!

🚀🚀

Hi Observatory, thanks for the qr summary. Quite rare to find a gem like this which keeps announcing record high revenue and profits

wonder where those esos complainers gone to

Thx a lot danchong, good info

what's wrong with observatory's analysis? I think he touched on some good points.

heading towards 2.5 and beyond!

breakout!

judging by the healthy increase in financing receivables, I'd say the dividend is sustainable

1.9m impairment on receivables

Not bad, higher allowance for bad debt, otherwise profit should be slightly higher

Q4 tends to be a weak quarter for them, lets see if they can buck the trend this year

my bad you're right

so fast back to ex div price already...wow

need to break a few more resistance and then its blue sky all the way

Don't understand how this stock can still be trading below NTA

Fantastic results!

Possibility for annual increase in dividends, provided earnings increase in tandem

wow wow wow!

EPS 16.3c, give only 2.5c dividend

Thanks for the info JKing

insider got news of good results, share price up last 2 days