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

speakup

26,807 posts

Posted by speakup > 2015-11-06 09:50 | Report Abuse

Bye bye RCECAP, thanks for the 12sen dividend but no thanks for additional 7.5sen, you can keep it :-)

borgkilla

116 posts

Posted by borgkilla > 2015-11-06 10:37 | Report Abuse

i have kept RCE shares for a few years , not disappointed with the performance. Gearing ? I would have to say that is how RCE grows the biz , they cant take deposits so they gear up. with a unique biz model with the govt salary deduction .. I say ok la can tahan

Taka

2,018 posts

Posted by Taka > 2015-11-06 10:52 | Report Abuse

Licensed Ah Long ok to have gearing ma. Borrow money to make money...smart business model.

valuee

8 posts

Posted by valuee > 2015-11-06 11:35 | Report Abuse

The cash distribution for the capital repayment will be funded via RCE's internal funds not borrowings. In addition, RCE has proposed a dividend of 10.5 sen per share for the quarter. - All quoted frm The Edge Markets.

valuee

8 posts

Posted by valuee > 2015-11-06 11:39 | Report Abuse

correction - 10.5sen already pd out.

docli

19 posts

Posted by docli > 2015-11-06 11:51 | Report Abuse

Capital repayment.

valuee

8 posts

Posted by valuee > 2015-11-06 11:58 | Report Abuse

Capital repayment of 7.5 sen coming soon. Par value per share to be reduced from 10 sen to 2.5 sen.

speakup

26,807 posts

Posted by speakup > 2015-11-06 12:13 | Report Abuse

better load up RCECAP dudes if u want the 7.5sen :-) REBUUUUTTTTT!!!!

sheep

3,849 posts

Posted by sheep > 2015-11-06 12:13 | Report Abuse

i bog it at less than 0.25 and kept till now. earn some good dividend. if go down below 0.30 sure buy more... for long term. One bad habit of gov servant is that they dont mind borrowing and spend. They are not into savings and dont feel insecure cos they have their pensions till they die.

docli

19 posts

Posted by docli > 2015-11-06 12:21 | Report Abuse

At the end of the day 4 -->1. RM1.20 per share ?

Opwc

1 posts

Posted by Opwc > 2015-11-06 12:32 | Report Abuse

Hi, what is the next move, should buy more or sell the stocks?

RichdLim

41 posts

Posted by RichdLim > 2015-11-06 12:49 | Report Abuse

buy moreeeeeee

sang33

6 posts

Posted by sang33 > 2015-11-06 13:02 | Report Abuse

Dividend 10.5 already paid ,don't fooled.

Vizhai

394 posts

Posted by Vizhai > 2015-11-06 13:18 | Report Abuse

So another 7.5 cent is coming?

Posted by cheekian99 > 2015-11-06 17:41 | Report Abuse

Personal opinion and i buy in this morning with 0.32,morning saw news on rcecap capital reduction of 7.5sen pershare, if i buy in 0.32 ,i can get around 23percet return,it a very great deal,without thinking,straight buy at high price,after buy only go read the quarter report n announcement, firstly,company has cash to repay to shareholder on the capital reduction,and refer to cashflow,money is generated from loan,means use borrowing to repay shareholders, initially i dun care,as long as they pay me 7.5sen per share,butbi cont read on the proposal..omg..the proposal highlight the completion of this proposal mayb at march 2016,then i feel too long too wait for this return,then i sold it on loss

Posted by jwblacklabel > 2015-11-08 21:04 | Report Abuse

docli - how do you arrive at 1.20? thanks

speakup

26,807 posts

Posted by speakup > 2015-11-09 08:49 | Report Abuse

kan speakup dah kata jgn beli. I already said gearing 2X is very unhealthy.

borgkilla

116 posts

Posted by borgkilla > 2015-11-09 10:26 | Report Abuse

:) .. speakup ... so ..
"better load up RCECAP dudes if u want the 7.5sen :-) REBUUUUTTTTT!!!!
06/11/2015 12:13"

gearing ? nature of the biz bro .... besides google competitors gearing ratio you may realize the grass may not be greener elsewhere ..'cheers :)

i3i2i1

4,731 posts

Posted by i3i2i1 > 2015-11-09 18:16 | Report Abuse

bad sell down

speakup

26,807 posts

Posted by speakup > 2015-12-01 15:47 | Report Abuse

PE 8 vs MBSB PE 6.

ivan9511

3,854 posts

Posted by ivan9511 > 2015-12-04 21:23 | Report Abuse

HI RCE CAPITAL team.
I am just in at 0.265.
However I just saw RCE provide dividend 105%
Info as below :
Announcement Date Subject Type Amount Ex Date
06/08/2015 Special Dividend DIVIDEND 105.0% 22/09/2015

Can I ask this counter really so good provide 105% dividend.
As I just in this counter, hope can get more information.

Please help friends I will really appreciate .
Thanks

valuee

8 posts

Posted by valuee > 2015-12-06 18:02 | Report Abuse

RCE declared and paid a special and final dividend of 105%(10.5 sen) and 15%(1.5 sen) respectively in Sep 15. There will be a capital repayment of 7.5 sen in the future. Looks like funding for special and final div was from internal funds as gearing level has been reducing annually.

Posted by DreamDominator > 2015-12-06 18:19 | Report Abuse

what TP?

sheep

3,849 posts

Posted by sheep > 2015-12-09 11:37 | Report Abuse

proposed capital repayment to the Company’s shareholders of up to approximately RM98.3 million or RM0.075 for each ordinary share of RM0.10 each in RCE (“RCE Shares”) by way of a reduction of the issued and paid-up share capital of RCE under Section 64 of the Companies Act, 1965, whereby the par value of each RCE Share will be reduced from RM0.10 to RM0.025 (“Proposed Share Capital Reduction”) (“Proposed Capital Repayment”);
and
proposed share consolidation involving the consolidation of every four (4) ordinary shares of RM0.025 each into one (1) ordinary share of RM0.10 each after the Proposed Share Capital Reduction (“Proposed Share Consolidation”).

need sifu to clarify: What will be the price after the capital repayment and consolation exercise?
Say, before exercise price of share is 0.27. After both exercises, what will be the share price?

a) 4x(0.27-0.075) = 0.78/share or b)4x0.27 = 1.10/share or none of the above.... what then.

ivan9511

3,854 posts

Posted by ivan9511 > 2015-12-10 15:38 | Report Abuse

valuee
sheep
Thanks for you guys , I am very thanks of your advice.
Do you guys think This counter still worth to hold .
Please advice .

thanks

ivan9511

3,854 posts

Posted by ivan9511 > 2015-12-11 02:37 | Report Abuse

valuee :
Sorry friends can I ask one more questions , in Sept the price dropped from 0,4 until 0,27 , was that because of the final dividend of 105%(10.5 sen) Consequence.

valuee

8 posts

Posted by valuee > 2015-12-11 10:31 | Report Abuse

yes, looks like the price drop is correlated to the special and final dividend pay out of 12 sen in Sep 15. (40 sen less 12 sen div = 28sen)

More importantly, 1st and 2nd qtr results for FY2016 have improved compared to the previous FY yr qtrs. So things look hopeful.

ivan9511

3,854 posts

Posted by ivan9511 > 2015-12-11 22:44 | Report Abuse

Write a comment..valuee. thanks alot valuee. You teach me alot.
Thanks you very much . Haha

ivan9511

3,854 posts

Posted by ivan9511 > 2015-12-12 03:07 | Report Abuse

THanks for the good advice . haha

smartly

6,431 posts

Posted by smartly > 2015-12-23 17:35 | Report Abuse

cap repayment & share consolidation

Posted by faberlicious > 2016-01-03 12:16 | Report Abuse

Assuming price stays at 26.5 day b4 ex date of capital repayment then after ex price will be 19 sens. After that consolidate 4 into 1 (19 x 4) price will be 76 sens. Company has paid an annual dividend of 1.5sen
consistently over the years. So at 76 sen the yield would be 7.89% !(1.5 sen x4).

yeeck

133 posts

Posted by yeeck > 2016-01-05 01:06 | Report Abuse

hurray, another round of capital repayment

tigerking

17 posts

Posted by tigerking > 2016-01-05 14:40 | Report Abuse

good to keep after the ex-date? no changes in our total?

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-01-13 13:03 | Report Abuse

EGM tomorrow.

L089

7 posts

Posted by L089 > 2016-01-14 23:01 | Report Abuse

what is the outcome of the meeting? anyone go?

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-01-14 23:16 | Report Abuse

After share consolidation, share price more value too?

ngssbbb

67 posts

Posted by ngssbbb > 2016-01-15 11:19 | Report Abuse

after consolidation, share become less, easy to delisting.....from klse. big boss easyly become their private company about free. 10.5 sen + 0.075= 18sen.++++ more dividen paid soon.

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-02-03 19:17 | Report Abuse

Good 3rd Quarterly Financial Report ending 31 Dec 2015.

SimonShuet

145 posts

Posted by SimonShuet > 2016-02-03 21:23 | Report Abuse

Well done. ,!

thesteward

6,781 posts

Posted by thesteward > 2016-02-03 21:26 | Report Abuse

;-))

hng33

20,318 posts

Posted by hng33 > 2016-02-04 09:08 | Report Abuse

Bought RCE at 27.5-28sen

kenen

423 posts

Posted by kenen > 2016-02-04 20:33 | Report Abuse

When meletup?

bjaya

269 posts

Posted by bjaya > 2016-02-05 00:10 | Report Abuse

Diring hard time this legal along will enjoy booming business

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-02-05 16:23 | Report Abuse

kenen, when ex-date fixed may meletup.

kenen

423 posts

Posted by kenen > 2016-02-06 10:16 | Report Abuse

Share buy back...I think meletup soon..hold on your seatbelt

yuanlong57

1,528 posts

Posted by yuanlong57 > 2016-02-06 13:06 | Report Abuse

Yes, share buyback @0.275. Sama2 tunggu RCECAP letup!

vcheekeong

435 posts

Posted by vcheekeong > 2016-02-06 13:26 | Report Abuse

Could be darling stock of 2016 ? Another Takaful ?
Only time will tell..

hng33

20,318 posts

Posted by hng33 > 2016-02-12 15:08 | Report Abuse

Bought more rce at 26.5sen

JimYeoh

1,514 posts

Posted by JimYeoh > 2016-02-25 14:18 | Report Abuse

Will make a good come back soon!

speakup

26,807 posts

Posted by speakup > 2016-02-25 14:19 | Report Abuse

RCECAP is not same biz as Takaful. In fact, closest relation to RCECAP is MBSB.

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