RCE CAPITAL BHD

KLSE (MYR): RCECAP (9296)

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Last Price

1.57

Today's Change

-0.04 (2.48%)

Day's Change

1.57 - 1.63

Trading Volume

973,000


8 people like this.

4,113 comment(s). Last comment by Shogun86 3 weeks ago

i3i2i1

4,731 posts

Posted by i3i2i1 > 2015-10-23 15:32 | Report Abuse

Sidelines long time liao, time to move

Posted by llitwei123 > 2015-10-26 14:28 | Report Abuse

any comment on this counter? still unable to break even since declared dividend...

RichdLim

41 posts

Posted by RichdLim > 2015-10-26 15:34 | Report Abuse

sell it and reinvest others counter. Sleeping stock even move , a bit only

i3i2i1

4,731 posts

Posted by i3i2i1 > 2015-10-29 11:15 | Report Abuse

looks like try to go up... news coming

Posted by llitwei123 > 2015-10-29 11:49 | Report Abuse

time to re-enter again? haha

Superb99

6,599 posts

Posted by Superb99 > 2015-10-30 08:46 | Report Abuse

I can see the price is going up steadily

Superb99

6,599 posts

Posted by Superb99 > 2015-11-02 14:19 | Report Abuse

zzz

i3i2i1

4,731 posts

Posted by i3i2i1 > 2015-11-03 08:58 | Report Abuse

Upside bias amid bottoming up indicators. The stock has been steadily trending above RM0.245 low and closed above 10-d SMA yesterday, supported by strengthening indicators. A decisive breakout above RM0.285 (23.8% FR) will spur prices higher towards RM0.30 (38.2% FR) and our LT objective at RM0.33 (200-d SMA and 50% FR) levels. Key supports are RM0.25 (daily lower Bollinger band) and RM0.245. Cut loss at RM0.24

Posted by Siti Fazli Bin > 2015-11-03 11:12 | Report Abuse

Warning: Never judge/study stockmarket trend. You will either bleed or go crazy.

i3i2i1

4,731 posts

Posted by i3i2i1 > 2015-11-03 13:57 | Report Abuse

trade at your own risk lol

Posted by foreverdreaming > 2015-11-03 14:37 | Report Abuse

snail

i3i2i1

4,731 posts

Posted by i3i2i1 > 2015-11-03 17:47 | Report Abuse

haiz... good news still dont want to come out.. cis!

Superb99

6,599 posts

Posted by Superb99 > 2015-11-03 17:50 | Report Abuse

sold at 0.28...no point to wait this stupid snail which other counters are flying

Vizhai

394 posts

Posted by Vizhai > 2015-11-04 00:00 | Report Abuse

Buy in before it fly.

Posted by foreverdreaming > 2015-11-04 09:23 | Report Abuse

slowly but surely

speakup

26,807 posts

Posted by speakup > 2015-11-04 09:26 | Report Abuse

Yield 5.3%. NTA 45sen. Undervalued!

speakup

26,807 posts

Posted by speakup > 2015-11-04 09:26 | Report Abuse

PE 9x only

i3i2i1

4,731 posts

Posted by i3i2i1 > 2015-11-04 10:30 | Report Abuse

challenging 0.29! coming liao before news release

Posted by foreverdreaming > 2015-11-04 12:12 | Report Abuse

what news

Taka

2,018 posts

Posted by Taka > 2015-11-04 12:24 | Report Abuse

Just paid 12sen div last month. Good undervalued stock to hold. Quarterly report will be out this month. Could be a good quarter, looking at how the vol and price is building up.

i3i2i1

4,731 posts

Posted by i3i2i1 > 2015-11-04 13:47 | Report Abuse

wow! nice! coming coming

Posted by Mohd Saiful Ahmad > 2015-11-04 14:50 | Report Abuse

yahoo.......this counter never make me upset

i3i2i1

4,731 posts

Posted by i3i2i1 > 2015-11-05 08:55 | Report Abuse

2 weeks only?

Posted by chlim008 > 2015-11-05 16:52 | Report Abuse

anybody can tell, I juz bought this counter on 30/9 & 5/10, will I receive div?

Marco Goh

402 posts

Posted by Marco Goh > 2015-11-05 17:17 | Report Abuse

this is a gd dividend pay counter..better than fd.....
furthermore ambank is behind this counter......very strong support....it will fly just matter of time...

BullRunComing

1,449 posts

Posted by BullRunComing > 2015-11-05 18:49 | Report Abuse

Wow good profit and dividend!

Taka

2,018 posts

Posted by Taka > 2015-11-05 20:07 | Report Abuse

MULTIPLE PROPOSALS RCE CAPITAL BERHAD ("RCE" OR THE "COMPANY") (I) PROPOSED CAPITAL REPAYMENT; AND (II) PROPOSED SHARE CONSOLIDATION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4913345

Taka

2,018 posts

Posted by Taka > 2015-11-05 20:21 | Report Abuse

Another generous payout.

Proposed capital repayment to the Company’s shareholders of RM0.075 for each ordinary share of RM0.10 each in RCE by way of a reduction of the issued and paid-up share capital of RCE whereby the par value of each RCE Share will be reduced from RM0.10 to RM0.025

Taka

2,018 posts

Posted by Taka > 2015-11-05 21:02 | Report Abuse

Posted by muscle > Nov 5, 2015 08:38 PM | Report Abuse

Hey, now i hv 18k shares rcecap... So i get rm1350 cash repayment? N after d share consolidation, my holdings i rcecap become 4500 shares?! Am i corect?!

................................

Betul betul.

Then the price will go up from 0.90 to 1.20 again. hahaha...just hope

davidkkw79

5,068 posts

Posted by davidkkw79 > 2015-11-05 21:11 | Report Abuse

U all misleading all others.... I pity those being cheated and I even more pity those cheating others.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2015-11-05 21:38 | Report Abuse

This proposal capital reduction didn't affcet your share quantity. IT only affect it par value. In other word you wouldn't get any cash repayment to u at all.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2015-11-05 21:40 | Report Abuse

Only the share consolidation will affect Ur share quantity. But it wouldn't affect your total value.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2015-11-05 21:43 | Report Abuse

Don't dream of cash repay....no such as thing in his proposal. Somemore the latest quarter report of 10 sen dividend is also a stupid mistake to purposely cheat u to buy in.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2015-11-05 21:44 | Report Abuse

Soon tomorrow bursa will announced it is a mistaken of 10sen dividend declared.

teddyyip

29 posts

Posted by teddyyip > 2015-11-05 22:29 | Report Abuse

David, please read thru the announcement first before comment. Capital re payment is written in the proposal. Also it defined the amount to return too. www.bursamalaysia.com/market/listed-companies/company-announcements/4913345

teddyyip

29 posts

Posted by teddyyip > 2015-11-05 22:50 | Report Abuse

Muscle, you are rite. Everything subject to shareholder meeting for approval. What I worry most Is the stock price after consolidation. If it is still the same as now, then we will be in lost profit situation.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2015-11-05 22:52 | Report Abuse

Sorry my stupid misunderstanding, it is got cash repayment and lead to capital reduction.

i3i2i1

4,731 posts

Posted by i3i2i1 > 2015-11-05 23:10 | Report Abuse

but when merging its shares consider good or bad?

bjgdila123

3,470 posts

Posted by bjgdila123 > 2015-11-05 23:18 | Report Abuse

better sell buy other counter FGV

i3i2i1

4,731 posts

Posted by i3i2i1 > 2015-11-05 23:21 | Report Abuse

will this best to describe this exercise? http://www.kitco.com/ind/Baker/20120418.html

i3i2i1

4,731 posts

Posted by i3i2i1 > 2015-11-05 23:25 | Report Abuse

another: http://www.tsinetwork.ca/daily/stock-market-articles/share-splits-consolidations-affect-stock-market-trading/?floater=99
hope company good result help to push and company should not make sell, else, will head south

calvintaneng

56,242 posts

Posted by calvintaneng > 2015-11-05 23:47 | Report Abuse

Muscle is correct!

I posted a buy call on January 8th 2014 in this RceCap tread. Scroll back to see my comments.

RCECAP is a legalised Ah Long. Fully backed by AMBank's Datuk Hashim.

Unlike other Loan Shark RceCap lent money to Govt Servants by salary deduction.

And while others can just write off bad debt RceCap has the power to blackist debt defaulters by reporting to FIS. Any one with black list record from FIS cannot get car or house loan (You can check with Bank Negara regarding Ctos regarding blacklist and bankruptcy). And power to impound passport and prevent bankrupt people from leaving the country. As such RceCap is well buffered and protected.

It has limited downside but unlimited upside.

So RceCap is one of the defensive shares recommended by Calvin Tan Research

vegebotak

1,071 posts

Posted by vegebotak > 2015-11-06 05:14 | Report Abuse

Price open tomorrow?

richkid

8,140 posts

Posted by richkid > 2015-11-06 09:18 | Report Abuse

Huge profit taking...

speakup

26,807 posts

Posted by speakup > 2015-11-06 09:18 | Report Abuse

gearing 2x after this new exercise. MAD! short term positive, long term negative.

speakup

26,807 posts

Posted by speakup > 2015-11-06 09:19 | Report Abuse

SOLD! once i read their gearing will shoot up to 2X after this exercise, I'm out!

speakup

26,807 posts

Posted by speakup > 2015-11-06 09:21 | Report Abuse

the extra 7.5sen dividend is to entice u to buy, while major shareholder sell.

gearing of 2X is MAD! Shareholders should reject this proposal!

i3i2i1

4,731 posts

Posted by i3i2i1 > 2015-11-06 09:22 | Report Abuse

get high but huge sell q too

speakup

26,807 posts

Posted by speakup > 2015-11-06 09:26 | Report Abuse

essentially the company is borrowing money to give u this 7.5sen dividend, ramping up its gearing from 1.1X now to 2X after this proposal.

SHORT TERM POSITIVE, LONG TERM NEGATIVE!

speakup

26,807 posts

Posted by speakup > 2015-11-06 09:48 | Report Abuse

Somehow RCECAP has gone crazy on dividends:

06/08/2015 Special Dividend 105.0% 22/09/2015
06/08/2015 Final Dividend 15.0% 22/09/2015
05/11/2015 Dividend 75.0% ?/?/2015

giving out soooo much dividends, that it really can't afford to give. It would be better if RCECAP focused instead on reducing their gearing levels.

look like RCECAP figured out dividends is the way to PUMP & DUMP the shares :-)

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