Posted by tomwah > 2012-02-16 20:12 | Report Abuse

is time to buy in and hold

Posted by jacklew > 2012-03-13 11:35 | Report Abuse

for capital gain or dividend?

Posted by Erfan Rafik > 2012-03-15 16:42 | Report Abuse

i'm buying too for its fundamental

Posted by Kk8291 > 2012-04-03 11:31 | Report Abuse

tomwah: price now only 0.485, u may buy more!XD

Posted by E R > 2012-04-03 13:13 | Report Abuse

follow the sector.. for the moment banking sector neutral.. we'll c loan business

Posted by omione > 2012-04-06 11:57 | Report Abuse

I am looking forward to big rally in RCE stock. The magic is the bonus issue and rights.

Posted by tansrihew > 2012-04-07 06:31 | Report Abuse

when is ex date for the bonus issue & rights?

Posted by omione > 2012-04-20 21:07 | Report Abuse

Ex date not announced yet. Still need BN, Bursa and AGM approval. But stay cool. The rally will come, if they do not cancel the bonus & rights.

Posted by aunloke > 2012-04-20 21:23 | Report Abuse

Last year I bought the stock at RM 0.48 cum div. of 1.5 sen, since then the price has been lingered at this level except the few days after the announcement of the bonus & right, it then drifts back to this level which I think, is its strong support.

Posted by quyen850906 > 2012-05-20 15:35 | Report Abuse

when the bonus coming to boost the price?

Posted by ysc69 > 2012-07-03 16:03 | Report Abuse

Yup, when the price going to boost?

Posted by jackie28 > 2012-07-27 10:22 | Report Abuse

any sifu here to give some advice on this stock? been holding for quite some time now!

Posted by JimYeoh > 2012-07-27 10:31 | Report Abuse

the rally should be come soon..once the company announce the bonus issue ex-date..just a matter of time..

Posted by leehk > 2012-08-10 17:00 | Report Abuse

when they will announce the bones issue??
hope will announce soon!!

Posted by limpek4896 > 2012-08-30 11:44 | Report Abuse

dividen 1.5cts.

Posted by limpek4896 > 2012-08-30 13:21 | Report Abuse

dviden plus bonus issue,see this counter fly or not

Posted by 90754248 > 2012-08-30 15:11 | Report Abuse

limpek4896, you have this counter also?

Posted by limpek4896 > 2012-08-30 16:23 | Report Abuse

HAHAHA,THIS old OLD STORIES,oklor,this few year just collect dividen

Posted by bkho79 > 2012-09-06 12:28 | Report Abuse

hi all, im new here... could any sifu advice what happening right now to this counter? i bought this counter last year and hold until now.... received the memo yesterday about the bonus issue but I dont understand what are they talking about....thank you very much.

Posted by ongtkong > 2012-09-11 11:33 | Report Abuse

if you have 2 lots, you will get free 1 lot of RCE. After that, they offer Preference Share rights of 1200 shares based on 2 for 5 ratio. The rights subscription around 40 sen, so you have to pay around 480 to subscribe 1200 preference share.

Posted by titus > 2012-09-29 13:17 | Report Abuse

Hi all, I'm a newbie and need some advise. I saw RCE has just approved the bonus & right issue proposal. Can someone kindly explain how does the right issue work? Is it worthwhile to subscribe? Thank you in advance.

Posted by jantzen7801 > 2012-10-13 23:31 | Report Abuse

ongtkong@im newbiew too, may u explain more towards about wat u mean and about this counter??? 1 more qt, 15% dividend?? wish could know details about that. Thanks plz ..

Posted by aunloke > 2012-10-14 08:35 | Report Abuse

The dividend 1.5 sen/share has been paid, the share now is ex-div.. What is interesting here is the right issue, with the price now the adjusted price after the bonus is lower than the subscription asked for. In order for the right to be attractive the present price has to move up so that the ex-bonus price can be higher than the subscription, any comment ?

Posted by titus > 2012-10-14 15:24 | Report Abuse

Hope someone can share some light on the right issues. Never good at this and "'m always lost when company issues this type of things. The last time got lost was with Bjcorp. Hope someone kind enough to explain upfront. Thanks in advance.

Posted by lim elayne > 2012-10-25 12:32 | Report Abuse

Is this counter good ah. can enter? Hope to get some advice from the sifu here. tq.

Posted by yfyfyf > 2012-11-01 10:53 | Report Abuse

aunloke: did you foresee this will happen as the market price(0.305) will lower than the right issue price(0.38) after RCE released the dividen and bonus?

Posted by aunloke > 2012-11-01 11:23 | Report Abuse

Yes I did that's why I asked for comment, who is going to apply ? this cash call is apt to flop unless they can prop up the price.

Posted by ongtkong > 2012-11-01 15:32 | Report Abuse

The PAL for the rights is worth only 1/2 sen and still not many are buying. I have to use my PAL as toilet paper liao. Pui.

Posted by ongtkong > 2012-11-01 15:36 | Report Abuse

Hope someone can clarify what is

REDEEMABLE CONVERTIBLE NON-CUMULATIVE PREFERENCE SHARES

The PAL entitle the shareholder to buy the preference share at 0.38 per share which is higher than the underlying share (now 0.305).

Are they paying higher dividend for preference share?

Posted by aunloke > 2012-11-01 16:08 | Report Abuse

Preference shares have priority over common stock in payment of dividend and upon liquidation, there is no reason for the shares to command higher value than the common stock. I just don't know what the management trying to achieve in this exercise.

Posted by ongtkong > 2012-11-01 16:27 | Report Abuse

Not much different from the mother share status, then why is the subscription higher than the current mother share price ???

Posted by talktong > 2012-11-01 16:36 | Report Abuse

Management maybe stupid or got their own (khang tow)1

Posted by smartly > 2012-11-02 16:26 | Report Abuse

if the whole idea is not fund raising then what is the agenda of this exercise ?

Posted by ongtkong > 2012-11-02 16:27 | Report Abuse

maybe to reward the loyal investors like me who had held the shares for years; thx to the mgmt

Posted by smartly > 2012-11-02 16:32 | Report Abuse

ongtkong, you don't get benefic other than the BI. This RI is just not necessary.. even BI will dilute EPS that make dividend even more pathetic.

Posted by ongtkong > 2012-11-02 16:35 | Report Abuse

Upon completion of the full exercise there will be :

1,173,591,963 ordinary shares and

478,496,024 preference shares

Preference share might be maintained at a higher price than ordinary share. Is this possible ???

Posted by ongtkong > 2012-11-02 16:37 | Report Abuse

smartly, pls dun tink that i sincerely thx the mgmt. m just being perturbed by the rights price of 0.38; something doesn't seem right; it would hv been better if it comes with free warrant.

Posted by smartly > 2012-11-02 16:39 | Report Abuse

Preference shares is 1 for 1. It will be plunge to be the same as ordinary share price on 1st day listing. This is definitely an undersubscribe right.

Posted by smartly > 2012-11-02 16:42 | Report Abuse

might as well buy the preference shares on the market instead of paying more on subscribing the right. Mgmt is over confident on this or what ?

Posted by ongtkong > 2012-11-02 16:45 | Report Abuse

i think the unsubscribed portion will be taken up by the under-writer. find out who is the under-writing agent

Posted by smartly > 2012-11-02 17:05 | Report Abuse

under-writer could be AM investment..?

Posted by ongtkong > 2012-11-02 17:18 | Report Abuse

Prospectus stated that Cempakar Empayar (substantial shareholder) has agreed to take up the unsubscribed portions of the rights.

Posted by smartly > 2012-11-02 17:30 | Report Abuse

Cempakar owned by Amcorp. All related. hmmm fishy?

Posted by ongtkong > 2012-11-03 01:07 | Report Abuse

Good to abort the 18mil purchase of "whatever company" which was incorporated only in 29 July 2012. Hope this news will help drive the share price up.

RCE CAPITAL BERHAD (“RCE” OR “COMPANY”)
-ACQUISITION OF NEW SUBSIDIARY

We refer to the announcement dated 14 August 2012 in relation to the acquisition of 100% equity interest in Urusan Ihsan Sdn Bhd (“UISB”) (“Acquisition”).

RCE wishes to announce that the Company and the vendors of UISB have mutually agreed to terminate the Acquisition and rescind the respective share sale agreements executed on 13 August 2012 (“Rescission”).

The Rescission is not expected to have any material effect on the earnings and net assets per share of RCE Group for the financial year ending 31 March 2013.

This announcement is dated 2 November 2012.

Posted by Steven Ng > 2012-11-04 23:32 | Report Abuse

New RCECAP Preference shares will give 6% interest annually.
RCECAP market cap is worth RM400m. But the cash the company is holding already RM 600m excluding other assets. I trust the management. Azman is a long time banker. Do you think he is so stupid not to got hold to this company? A free cash generating machine. 'Market will realise the potential of this company one day'.

Posted by Steven Ng > 2012-11-04 23:37 | Report Abuse

Just imagine Cempakar got almost 60% of RCECAP. Now with the bonus and the right issue, you can calculate how many shares Cempakar would have? 700m common shares. For every 10 sen rise, Cempakar makes RM70m effortless. If goes up to RM1, Cempakar will make RM490m.

Posted by Steven Ng > 2012-11-04 23:39 | Report Abuse

Remember my words (Steven Ng's word): Playing shares is a waiting game, and not a fighting game.

Posted by investor77 > 2012-11-04 23:57 | Report Abuse

Good fundamentals, but not moving at all for a very, very long time, really testing your patience!!

Maybe good to sell and switch to other shares!!

Posted by smartly > 2012-11-05 11:44 | Report Abuse

6% interest for a par value of 0.10 only translate to 0.006c, what a pathetic interest !?

Posted by gark > 2012-11-05 13:18 | Report Abuse

actually 5.2% of 0.38 share lar :P not 6% of par value...