Posted by smartly > 2012-11-05 14:17 | Report Abuse

i see. then 0.38 is too high to subscribe. you lose 18% upfront (mother at 0.31) and you need 3 years to breakeven from the 6% interest. not worth.

Posted by Steven Ng > 2012-11-05 23:27 | Report Abuse

smartly, 6% will act as an extra interest income. Average Joe look at this 6%. Strong Joe look at the bigger picture, the stock price.

Posted by Steven Ng > 2012-11-05 23:28 | Report Abuse

For every 1 sen increase in stock price, that's 3% return.

Posted by Steven Ng > 2012-11-05 23:28 | Report Abuse

Gd luck!

Posted by smartly > 2012-11-06 18:40 | Report Abuse

profit dip by 52%. gone case.

Posted by nhy6 > 2012-11-06 18:51 | Report Abuse

for what period was this profit dip ?

Posted by smartly > 2012-11-06 19:15 | Report Abuse

1H

Posted by yfyfyf > 2012-11-08 13:39 | Report Abuse

steven ng: so r u going to subscribe the right share that rce offered at 0.38?

Posted by ongtkong > 2012-11-08 13:44 | Report Abuse

smartly, where was it stated that the interest rate is 6%. mind sharing the article?

Posted by ongtkong > 2012-11-08 14:44 | Report Abuse

i got it. in the prospectus. dividend rate is 20% per annum based on nominal value (RM0.10) of RCPS.

if based on issue price of RM0.38, the dividend yield (DY) is 5.26% per annum. DY much higher than that for mother share.

before bonus issue, mother share has DY of 3.33% based on RM0.445 (price before ex-bonus). after bonus DY for mother share could be reduced due to dilution.

Posted by investor77 > 2012-11-08 16:25 | Report Abuse

do you think the price of 38 cents will hold , look at the mother share price, very low and not moving?

If based on yield better to buy Malton loan or Pantech loan where interest is much higher and growth rate is more. Or you can invest in Bonds where the gain per year is better than 5.3%

Posted by ongtkong > 2012-11-08 16:40 | Report Abuse

Hv a feeling the RCPS price will hold.

Most retail shareholders will not subscribe for the RCPS due to price difference with mother share.

Cempaka Empayar (has 43.38% of shareholding) has undertaken to subscribe the untaken portion and they will end up with most of the RCPS.

I suppose they will maintain the market price for the RCPS.

Posted by homosapien > 2012-11-23 00:26 | Report Abuse

if cempaka bought RCPS at 0.38.. meant they have folk out alot of money to support the company.. so if we buy RCECAP now at 0.30.... is a very big discount compare to the major shareholder,who bought rcps at 0.38...if i can buy cheaper than the price of the major shareholder..do u think it is very safe and got potential for the share to rise to 0.38?

Posted by homosapien > 2012-11-23 00:29 | Report Abuse

is it possible for cempaka to privatise the company at a cheap price.. after cempaka subcribe to the rcps... cempaka will own more than 50 % of the company...good pivatisation candidate in view that the current price is much cheaper than then NAV- 0.70

Posted by homosapien > 2012-11-23 00:32 | Report Abuse

any news when the RCPs will be listed ?

Posted by ongtkong > 2012-11-25 14:57 | Report Abuse

Listing date for RCPS : 30/11/2012

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1092733

Posted by rlch > 2012-11-26 19:50 | Report Abuse

I bought at 29 sen today. Hope it is the bottom price.

Posted by rlch > 2012-11-27 07:37 | Report Abuse

Cempakar Empayar Sdn Bhd, please privatise RCE CAP as it is undervalued.

Posted by ongtkong > 2012-11-29 14:42 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1131549

Kindly also be advised that RCECAP's 469,436,998 RCPS issued pursuant to the Rights Issue will be admitted to the Official List of Bursa Malaysia Securities Berhad and the listing and quotation of the RCPS on the Main Market will be granted with effect from 9.00 a.m., Friday, 30 November 2012.

The Stock Short Name, Stock Number and ISIN Code of the RCPS are "RCECAP-PA", "9296PA" and "MYL9296PATB6" respectively

Posted by Hustle > 2012-12-18 09:37 | Report Abuse

The whore is ready...

Posted by Matsaham Mashuk > 2012-12-18 09:44 | Report Abuse

Mmm..possible downtrend mode at the moment..patience.smile

Posted by smartly > 2012-12-18 10:03 | Report Abuse

this counter has been stagnant way too long.

Posted by Hustle > 2012-12-18 10:41 | Report Abuse

Revenue 257mil++ in 3 years also can be stagnant,what is the theory behind??? If compared to others,suppose it stay 0.50 above.Even Ivory still can maintain it's title after split.

Posted by Hustle > 2012-12-18 16:10 | Report Abuse

Is time to Q at 0.275,may be the company still have some cash in the current account to paid special dividend hehehehe

Posted by smartly > 2012-12-18 16:14 | Report Abuse

don't hope, i think is a gone case counter.

Posted by Hustle > 2012-12-18 16:17 | Report Abuse

With pile of case flow where she is going to gone??? Need MACC help to probe at the director may be...

Posted by Hustle > 2012-12-18 16:41 | Report Abuse

Only left 15min golden hour,anyone please sell 0.275 for another 50lot,especially someone that already lost its faith.

Posted by Hustle > 2012-12-18 19:32 | Report Abuse

Tomorrow Q earlier,the mother f always Q a lot of qty at low price...selfish fellow.

Posted by Hustle > 2012-12-19 09:27 | Report Abuse

Today is T3 will it close 0.26 new low before 12pm,patient wait for chances...

Posted by Hustle > 2012-12-19 10:44 | Report Abuse

Come on vomit back 808 lot till 0.26,follow the big trend :)

Posted by Hustle > 2012-12-19 10:57 | Report Abuse

Yup keep it down

Posted by Hustle > 2012-12-19 16:32 | Report Abuse

80 lot at 0.275 please, Q at the back cannot get the offer item yet...

Posted by Hustle > 2012-12-20 16:27 | Report Abuse

Snake year is Good for Ah Long business ma,how come lack of supporter :)

Posted by Hustle > 2012-12-22 19:47 | Report Abuse

This counter have dig up a very old memories during year 2009 about BIMB stay at 0.85 but miss the chances because broker bla...bla...bla too much regarding his business condition.

Posted by Michicco Wen > 2012-12-28 14:17 | Report Abuse

lets wait n see

Posted by Hustle > 2012-12-28 14:35 | Report Abuse

I wait until want to fatt mou liao but the remiser for this company is a very good graph artist,anyway I love his art of graph :)

Posted by smartly > 2012-12-28 14:38 | Report Abuse

continue to fatt mou then.

Posted by Hustle > 2012-12-28 14:44 | Report Abuse

Anyway we need some patient during fishing,string too tense may break :)

Posted by Michicco Wen > 2012-12-28 15:00 | Report Abuse

hahaha... fatt mou or fatt tat.. jz one side diff ;)

Posted by bjaya > 2012-12-28 22:41 | Report Abuse

this counter thrives when there an economic downturn, more people take loans mah !

Posted by Michicco Wen > 2012-12-31 00:43 | Report Abuse

That's why is just matter of time. Jz wait n see~

Posted by Hustle > 2013-01-02 16:03 | Report Abuse

With final vote, U.S. Congress resolves "fiscal cliff" drama...
Good News for banking sector
http://thestar.com.my/news/story.asp?file=/2013/1/2/worldupdates/2013-01-02T041307Z_40_BRE8BT053_RTROPTT_0_UK-USA-FISCAL-OBAMA&sec=Worldupdates

Posted by davesingh > 2013-01-02 16:05 | Report Abuse

its not resolved.. its just sugar coating....still a contractionary fiscal policy..

Posted by Hustle > 2013-01-02 16:09 | Report Abuse

Is ok lah as long as the USD printing system go smooth,equity can win the Gold war :)

Posted by bjaya > 2013-01-04 21:01 | Report Abuse

Michicco Wen, u r such an optimist. u reminded me of a friend who often pointed his index finger skyward and proclaimed "Just wait and see, it's a matter of time ,one day sure I Fatt Tat (Prosper). Good luck my friend.

Posted by homosapien > 2013-01-06 22:40 | Report Abuse

seem it reach bottom edi..
now all the blue chip is very expenisive vs 2nd & 3rd liner at a very cheap price...

buy good & cheap 2nd & 3rd liner is a catch now compare to buying a expensive blue chip counter

Posted by homosapien > 2013-01-06 22:57 | Report Abuse

q at 0.275 -0.28.. not easy to buy

Posted by Hustle > 2013-01-08 10:22 | Report Abuse

Today can get already lor hehe...RCECAP remiser always adapted to customer need :)

Posted by homosapien > 2013-01-08 18:19 | Report Abuse

q at 0.275 :( didnt get

Posted by homosapien > 2013-01-08 19:35 | Report Abuse

since it picking up a " dead chicken" no need to put the price so high lol... tomolo q at 0.275