3000k lots is old school style, last time 1 lot equals 1k units

Break .52 resistance first then continue up!

good luck waiting

WTF why move up so fast...didn't buy enough

fy21 eps should be around 10c, at current price pe 35 seems reasonable

Thanks for the input observatory, I have always found your analysis detailed and useful. Lets hope for the best for rce!

@observatory, a few points:

regarding 2013-2014 I think the reason for the bad results was because BNM capped the loan amount and tenure, hence rce had to make impairments. I read this from a report somewhere. From that moment onwards they have been much more prudent in the lending practices

As to why banks do not encroach into rce's space, I think the reason is because the govt servants market is too small to have any meaningful impact to banks earnings. MBSB is trying to get into this business but not doing too well. Goes to show rce has good management

As to why the market has finally realised this gem, I think partly its because rce has increased dividends over the past few years. If you check back early 2010-2015 they never increase dividends, fixed 1.5c a year

just my 2 cents

I've sold all my other financial stocks and bought into rce below 2, enjoying the sweet dividends

I would personally value it at PE 15, considering that its results are still solid. Compared to Aeoncr, or Elk-desa trading at pe13-15, but reporting subpar earnings, and dividends have been reduced, rcecap even increased dividends. Banks earnings are going down the drain, most even withheld dividends.

I think RCE earnings growth will increase when discretionary spending picks up, ie when MCO is over and govt servants more willing to start spending

All time high closing, looking forward to good days ahead

short term trader mentality

TP 10

any news about dividend in the AGM?

just afraid that after moratorium for loans end in september, the punters will be less inclined to gamble in Casino de Bursa

Thx finplan! Good article and good blog

SAM one engine kaputt, only equipment segment powering it at the moment. Wait till aerospace engine back on it will fly sky high

YSP branding not as good as Kotra

great results, undervalued healthcare counter, what more you want?

what a joker

buy more

RHB Bank announced it has notified Syarikat Takaful Malaysia Keluarga (STMB) that it will not be continuing with their bancatakaful service agreement upon the expiry of its 5th anniversary on 31st July 2020.


Says in Hong Leong report that it was RHB who didn't want to extend contract, not the other way around

engine starting vroom vroom

Lazada and taobao have been around for quite some time now, if there are superior products at better price I'm sure YOCB would have closed shop long time ago, moreover if you look into their annual reports, their main revenue generator is supplying to hotels, army, cruise ships and other hospitality industries. Their home harmony shops generating good revenue too.

clap clap clap

On face value they may say cooperate, but behind the back they are cranking up the machinery to overtake US

Apollo Ang - fronken not penta, if every counter can be like penta whole msia nobody working,cannot compare like that.mark my words in 2 years fronken also will not be double from now.
19/05/2017 22:26


lolololololololololol

took about 1-2 weeks for me

yeah...my coffee

TP 20

Jon, I like your research on rcecap (which by the way tradeview also called a buy on), but I think your criticism on QL is unfounded. Just look at the share price when it was called and the price today. I think tradeview did a good job in identifying a strong growth catalyst with family mart convenience stores

Hi, these are my humble stock picks for year 2018

Insas 15%
Leonfb 15%
Karyon 15%
Rcecap 15%
Prestar 10%
Pohkong 10%
Frontken 10%
Eg 10%

Thanks