Posted by speakup > 2016-02-25 14:20 | Report Abuse

Takaful is in insurance biz. RCECAP is not in insurance biz. RCECAP lends money to govt servants (like MBSB, but MBSB got other biz also)

Posted by JimYeoh > 2016-02-25 15:21 | Report Abuse

Good to buy it now!

Posted by hng33 > 2016-03-02 09:10 | Report Abuse

Accumulate more RCE at 26.5sen

Posted by GTMS > 2016-03-02 17:04 | Report Abuse

0.25-0.275 till economy crisis

Posted by yuanlong57 > 2016-03-03 11:28 | Report Abuse

Recent newsflow that many civil servants are taking loans is good news for RCECAP snd MBSB. Difficult to get loans from banks.

Posted by hng33 > 2016-03-04 09:37 | Report Abuse

Capital repayment is overdue alrdy, anytime now RCE will announce high court approval and fixed capital repayment date entitlement

Posted by hng33 > 2016-03-04 09:39 | Report Abuse

accumulate more rce at 27sen

Posted by hng33 > 2016-03-04 09:59 | Report Abuse

According to circular time frame

14 Jam = EGM
Mid Feb = announcement of capital repayment entitlement
Early Mar = Lodgement of sealed copy of order by high court approval
Mid/end Mar = Completion of capital repayment

Posted by hng33 > 2016-03-04 10:12 | Report Abuse

The recent result release indicate continue improvement both in revenue and profit
Its net profit rose 27% to RM13.0 million, while revenue up 6.4% to RM42 million. Technically, RCECap still rest in an uptrend line, with continue improvement in financial result + upcoming capital repayment + undemanding valuation trading at a PE merely 7.5 times and price to book ratio stood at 0.7 time (NTA of RM0.35/share) + regular dividend payout ratio 70% = investment grade stock

Posted by smartly > 2016-03-04 11:05 | Report Abuse

the capital repayment is how much ? 10sen ?

Posted by hng33 > 2016-03-04 11:50 | Report Abuse

smartly

capital repayment 7.5sen/share

Posted by hng33 > 2016-03-04 11:56 | Report Abuse

EGM already pass the capital repayment on 14 Jan, now alrdy almost 2 month over , therefore, the high court order can be approve anytime now, range waiting period time could be these few days to few more week with aim target at least 10% profit return...offer great opptunity to accumulate now

Posted by yuanlong57 > 2016-03-04 20:57 | Report Abuse

Acquisitions of shares by former Board Chairman TS Azman Hashim, board director & son in Feb could be indication capital repayment coming soon.

Posted by faberlicious > 2016-03-07 08:19 | Report Abuse

Yeah,TS Azman Hashim acquired 48,238,000 million shares on 19 Feb while TS Mohd Zaman Khan acquired 375,000 on 25 Feb.By ex date could possibly trade at 0.30 sen and above

Posted by yuanlong57 > 2016-03-07 19:44 | Report Abuse

Great news regarding MULTIPLE PROPOSALS! Extract from Bursa Malaysia announcement:
"On behalf of the Board of Directors of RCE, AmInvestment Bank Berhad wishes to announce that the hearing of the petition for the Proposed Share Capital Reduction is fixed on 5 April 2016. In this respect, the notice of hearing of the petition will be advertised in ‘The Star’ and ‘Nanyang Siang Pau’ newspapers on 8 March 2016.

Upon obtaining the sealed copy of the order by the High Court of Malaya confirming the Proposed Share Capital Reduction, RCE will proceed to implement the Proposals.

This announcement is dated 7 March 2016.

Posted by JimYeoh > 2016-03-07 20:08 | Report Abuse

PROPOSED CAPITAL REPAYMENT AND SHARE CONSOLIDATION! DOUBLE GOOD NEWS!

Posted by yuanlong57 > 2016-03-08 09:20 | Report Abuse

Triple good news! Capital repayment, share consolidation and 2016 dividend?

Posted by calvintaneng > 2016-03-17 12:06 | Report Abuse

RM75 CASH PAY OUT FOR A 27 cts Share?

TIME TO LOAD UP LOH!

Posted by ngssbbb > 2016-03-23 17:07 | Report Abuse

When CAPITAL REPAYMENT ?

Posted by RonnieKimLondon > 2016-03-27 23:59 | Report Abuse

RCE's profits have nose-dived over the past 3 years. Business is bad.

Posted by calvintaneng > 2016-03-28 00:03 | Report Abuse

Don't worry about RCE CAP

Times are getting bad.

In bad times Ah Long prosper. BECAUSE many people need to borrow money.

RCECAP IS THE ONLY LEGALISED "AH LONG" With License from Bank Negara.

So It's Safe!

Even AmBank Boss Datuk Hashim and his som are loading up RCECAP Shares

Posted by hng33 > 2016-03-28 09:24 | Report Abuse

Gett ready, start moving up slowly and steady :D)

Posted by sudahkena > 2016-03-31 10:42 | Report Abuse

go go go.... 0.3

Posted by ngssbbb > 2016-03-31 11:25 | Report Abuse

naik....naik.......

Posted by yuanlong57 > 2016-03-31 22:13 | Report Abuse

When sealed copy of the order by the High Court of Malaya confirming the Proposed Share Capital Reduction, is obtained on 5 April 2016 and ex-date of entitlement fixed, sure lagi NAIK! Wait for windfall.

Posted by calvintaneng > 2016-03-31 22:24 | Report Abuse

Posted by yuanlong57 > Mar 31, 2016 10:13 PM | Report Abuse

When sealed copy of the order by the High Court of Malaya confirming the Proposed Share Capital Reduction, is obtained on 5 April 2016 and ex-date of entitlement fixed, sure lagi NAIK! Wait for windfall.

YES!

FOR RCECAP

JUST BUY AND LOCK IT UP. IT IS JUST LIKE A FIXED DEPOSIT IN THE BANK.
IT IS PAYING BETTER RATES THAN ANY FIXED DEPOSIT ON OFFER TODAY IN MALAYSIA

7.5 CENTS CASH PAYOUT FOR A 28.5 CENTS SHARE

Posted by moneySIFU > 2016-04-04 01:32 | Report Abuse

Calvin, are you idiot or something.

Don't you know the capital repayment will adjust the share price with the same quantum?

When you receive your capital repayment of 7.5c, your share price will be adjusted from RM0.28 to RM0.205.

It prove you are IDIOT & DON'T KNOW ANYTHING ABOUT ALL THESE exercise effect but keep on promoting gain gain gain over 25%!!!

xxxxxxxx
Posted by calvintaneng > Apr 3, 2016 10:25 PM | Report Abuse

Rcecap pay out is 7.5 cents or over 25%!
This is a Great Buy!

Posted by Caroline Ang > 2016-04-04 05:29 | Report Abuse

https://www.facebook.com/notes/amcorp-group/rce-capitals-3q-profit-quadruples-on-investment-gain-higher-interest-income/867147266664939

http://www.theedgemarkets.com/my/article/rce-cap%E2%80%99s-3q-profit-quadruples-revenue-rises-239

RCE Capital's 3Q profit quadruples on investment gain, higher interest income
February 4, 2016 at 5:55pm
By Tan Siew Mung / theedgemarkets.com | February 3, 2016 : 9:59 PM MYT

KUALA LUMPUR (Feb 3): RCE Capital Bhd’s net profit went up more than four times to RM13 million in the third quarter ended 31 Dec 2015 (3QFY16), from RM3.13 million a year ago, as its revenue rose 23.9%, primarily driven by higher interest income.

The favourable results were also because of a RM1.9 million net gain on disposal of an investment property, its bourse filing today showed. RCE also noted that the last corresponding quarter's net profit came in after taking into consideration the preference share dividend paid.

Meanwhile, its revenue for the quarter increased by 23.9% to RM41.55 million, from RM33.54 million in the previous year, mainly contributed by a RM7.9 million increase in interest income from the loan financing segment, due to a higher loan base and the introduction of improved margin products.

For the cumulative nine months (9MFY16), the group’s net profit more than doubled to RM32.66 million, from RM15.65 million in 9MFY15; while its revenue rose 22.6% to RM118.08 million, from RM96.3 million, primarily driven by higher interest income, as the loan base grew by 16.9% to RM1.362 billion from RM1.165 billion.

The group said in a statement that the results were due to the group's initiatives to improve asset quality, which have been encouraging.

“The group remains focused on strengthening credit quality, improving turnaround time for loan disbursements and controlling costs,” it said.

In the absence of unexpected events, the group’s financial performance for its financial year ending March 31, 2016 will be an improvement over the previous year’s results, it added.

RCE Capital fell 1.92% to 26 sen today, for a market capitalisation of RM331.73 million.

Posted by yuanlong57 > 2016-04-04 15:03 | Report Abuse

Circular to the Shareholders : Multiple Proposals (see p.2-4)
3 Stages of Implementation
1. Share repayment - 7.5 sen per unit to shareholders
2. Share consolidation - e.g. LPD 0.265 - 0.075 = 0.19 ; 0.19 × 4 = 0.76
3. Share price readjustment & relisting at Bursa Malaysia
Reference:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4958169

Posted by hng33 > 2016-04-04 15:56 | Report Abuse

Capital repayment will be executed in next 2 week time.....tomorrow is court hearing....if approved.....it will take at least week to extract seal copy......then....RCE will need to have board meeting to decide on date of entitlement.

Posted by Blacksails > 2016-04-04 16:20 | Report Abuse

Tks 4 the info., hng33

Posted by yuanlong57 > 2016-04-04 16:22 | Report Abuse

Yes, hng33. Probably capital repayment will be fully done before end of April.

Posted by tigerking > 2016-04-05 15:20 | Report Abuse

from the news, if currently today you bought at 0.28 cents after capital/share repayment, you will be loosing money right?

Posted by smartly > 2016-04-05 16:08 | Report Abuse

any news on this so far ?

Posted by JimYeoh > 2016-04-05 16:45 | Report Abuse

0.35 very soon!

Posted by tomjohor > 2016-04-05 17:55 | Report Abuse

We refer to the announcements dated 5 November 2015, 25 November 2015, 8 December 2015, 14 January 2016, 15 January 2016 and 7 March 2016 in relation to the Proposals (“Announcements”).

Unless otherwise stated, the definitions used throughout this announcement shall have the same meaning as defined in the Announcements.

On behalf of the Board of Directors of RCE, AmInvestment Bank Berhad wishes to announce that the High Court of Malaya had on 5 April 2016 granted a court order confirming the Proposed Share Capital Reduction (“Order”). The effective date of the Proposed Share Capital Reduction will be the date the sealed copy of the Order is lodged with the Companies Commission of Malaysia.

This announcement is dated 5 April 2016

Posted by sudahkena > 2016-04-05 18:05 | Report Abuse

payment expected end ths month....

Posted by yuanlong57 > 2016-04-05 19:32 | Report Abuse

Great.Thanks,tomjohor.

Posted by Bluecadilliac > 2016-04-06 16:12 | Report Abuse

May I know if I buy today do I get the 7.5 Sen capital repayment?

Posted by JimYeoh > 2016-04-06 16:33 | Report Abuse

You will get it!

Posted by yuanlong57 > 2016-04-06 20:30 | Report Abuse

Hopefully 4th Quarterly Results ending 31 March 2016 are good. Then it would be a bonanza for RCECAP shareholders.

Posted by tomjohor > 2016-04-06 20:57 | Report Abuse

Notice of Book Closure may announce on mid of Apr...

Posted by yeeck > 2016-04-07 12:16 | Report Abuse

When is the ex-date to qualify for the capital repayment?

Posted by tomjohor > 2016-04-07 12:18 | Report Abuse

Don't know yet. But expect within two weeks.

Posted by yuanlong57 > 2016-04-07 15:24 | Report Abuse

Today managed to top up another 10K units through GTD @ 0.275.

Posted by yuanlong57 > 2016-04-11 19:31 | Report Abuse

WOW! Superb news.
Share consolidate

RCE CAPITAL BERHAD

EX-date 21 Apr 2016
Entitlement date 25 Apr 2016
Entitlement time 05:00 PM
Entitlement subject Share consolidate
Entitlement description Share consolidation involving the consolidation of every four (4) ordinary shares of RM0.025 each in RCE Capital Berhad ("RCE") into one (1) ordinary share of RM0.10 each in RCE ("Consolidated Share") after the Share Capital Reduction ("Share Consolidation")
Period of interest payment to
Financial Year End 31 Mar 2017
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD
Unit 32-01, Level 32, Tower A,
Vertical Business Suite, Avenue 3, Bangsar South,
No. 8, Jalan Kerinchi
59200Kuala Lumpur
Tel:0327839299
Fax:0327839222
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 25 Apr 2016
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator Ratio
Ratio 1 : 4
Rights Issue/Offer Price
Par Value Malaysian Ringgit (MYR) 0.025


Remarks :
Reference is made to RCE's announcement dated 11 April 2016 in relation to the entitlement date of the Capital Repayment ("Announcement"). Unless otherwise stated, the definitions used throughout this announcement shall have the same meaning as defined in the Announcement.

Please note that the entitlement date of the Capital Repayment and Share Consolidation is on 25 April 2016. Accordingly, shareholders of RCE whose names appear in RCE's Record of Depositors as at 5.00 p.m. on 25 April 2016 shall be entitled to both the Capital Repayment and Share Consolidation.

The Capital Repayment involves a cash distribution of RM0.075 for each ordinary share of RM0.10 each in RCE held on the Capital Repayment Entitlement Date. The Capital Repayment will be implemented by way of Share Capital Reduction as approved by RCE's shareholders on 14 January 2016 and confirmed by the High Court of Malaya on 5 April 2016.

Immediately after the Share Capital Reduction, RCE will undertake the Share Consolidation. In determining shareholders' entitlement to the Consolidated Shares, fractional entitlements, if any, will be disregarded and shall be dealt with in such manner as the Board of Directors of RCE shall in its absolute discretion deems fit and expedient in order to minimize the incidence of odd lots, and in the best interest of RCE.

The date of the listing of and quotation for the Consolidated Shares shall be on 26 April 2016, being the next market day immediately after the entitlement date of the Share Consolidation.

There will be no suspension of trading of RCE shares on Bursa Malaysia Securities Berhad ("Bursa Securities") for the purpose of implementing the Share Consolidation.

The notices of allotment will be issued and despatched to all the entitled shareholders of RCE within four (4) market days after the date of the listing of and quotation for the Consolidated Shares on the Main Market of Bursa Securities.

RCE's shareholders are not required to take any action in respect of the Share Consolidation.

This announcement is dated 11 April 2016.

Posted by yuanlong57 > 2016-04-11 20:36 | Report Abuse

Payment date: 6 May 2016

Posted by A1688 > 2016-04-11 22:07 | Report Abuse

Tomorrow share price will up?

Posted by dreamer74 > 2016-04-11 22:31 | Report Abuse

Hi anyone care to shed some light if buy at 0.28 after capital repayment of 0.075 and capital reduction of 4 to 1 what will be the likely share price 0.8 or above that ?

Posted by dreamer74 > 2016-04-11 22:34 | Report Abuse

the last time special dividen of 105% already kena.