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

Up_down

4,328 posts

Posted by Up_down > 2017-01-05 17:44 | Report Abuse

Entering uptrend zone after breaking 1.44 with volume and MA 20 & 50.

paperplane2016

21,644 posts

Posted by paperplane2016 > 2017-01-05 17:45 | Report Abuse

walao, out of sudden breakout, CNY rally!

Up_down

4,328 posts

Posted by Up_down > 2017-01-05 17:59 | Report Abuse

Already quiet for so long. Time to break out before announcing QR next month.

VenFx

14,784 posts

Posted by VenFx > 2017-01-05 23:00 | Report Abuse

The last morgan ,if Mbsb transforming into commercial license .

paperplane2016

21,644 posts

Posted by paperplane2016 > 2017-01-05 23:04 | Report Abuse

Hope this yr rm2 really forthcoming

calvintaneng

56,242 posts

Posted by calvintaneng > 2017-02-03 17:32 | Report Abuse

What a happy day!

RceCap finally hit 100% gain!

TheContrarian

9,297 posts

Posted by TheContrarian > 2017-02-03 20:54 | Report Abuse

Hey Calvin, people praising you in Insas forum.

TheContrarian

9,297 posts

Posted by TheContrarian > 2017-02-04 19:24 | Report Abuse

I haven't come across Duit's handout. About six months ago I came across Calvin's write up on Insas. Having read it I did my own research and concurred that at around 66 sen it was indeed very undervalued. Once in awhile he gets it right. :-)

calvintaneng

56,242 posts

Posted by calvintaneng > 2017-02-04 21:54 | Report Abuse

Posted by TheContrarian > Feb 4, 2017 07:24 PM | Report Abuse

I haven't come across Duit's handout. About six months ago I came across Calvin's write up on Insas. Having read it I did my own research and concurred that at around 66 sen it was indeed very undervalued. Once in awhile he gets it right. :-)

Calvin thinks the time to buy is when no one else is interested.

However, this goes against human nature.

Our human nature behaves logically in real life but when it comes to the stock market our human nature is our enemy and our undoing.

If in the super market we see for example, Anlene Gold milk powder selling below Rm29.95 (Usual Price Rm37.00?) we will buy.

If Anlene milk powder drops to Rm25.00? We will buy even more.

And if Anlene Gold milk powder crashes below Rm20 a kg? Say Rm19.95?
We will be very happy to load up even more!

So in real life we buy more as bargains get cheaper & cheaper.

But in the stock market we are irrational.

Insas was Rm1.00. People were bullish.
Insas dropped below 70 cts & Calvin called for a buy?
People were bearish.

Ha! Insas dropped to 65 cts? People panicked and dare not buy. If fact people posted negative comments instead.

So the time to buy is when price is down but people were afraid.

And price goes up? People started to get bullish & chase?

This is how more than 80% of the people finally lose monies in the stock market.

We are bearish at the wrong time when stocks are cheap. And conversely, we are also bullish precisely at the wrong time when stocks are expensive.

I called for a buy on Jaks when it was cheap at only 40 cts. I also called for a buy on Prestar when it was 46 cts.

Now that both Jaks & Prestar have gone up 100% to 200% only then people turn bullish? This is foolish behaviour indeed.

Just imagine?

Anlene Gold retails for Rm37? We buy some.

Anlene Gold doubled in price to Rm74?

Rush in to buy? Of course not! Anlene Gold tripled in price to Rm111? Everyone gets bullish rushing to buy Anlene Gold at Rm111? Are you crazy?

Exactly for people who chase high flying stocks of the passing moment like Hibiscuits. So many have gone mad. All will suffer the consequences when next quarter result show big disappointment for those who blindly chased hibiscus!!

TheContrarian

9,297 posts

Posted by TheContrarian > 2017-02-04 21:58 | Report Abuse

Hahaha Calvin, you are overdoing it.

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-02-04 23:40 | Report Abuse

Calvin


Did you buy Jaks at 40 only to sell at 45 ?

Lonaldo Lo

206 posts

Posted by Lonaldo Lo > 2017-02-06 17:20 | Report Abuse

Usually financial result at this moment will be announced soon ?

Up_down

4,328 posts

Posted by Up_down > 2017-02-06 17:32 | Report Abuse

Expecting another better QR by this month.

Whey Whey

1,839 posts

Posted by Whey Whey > 2017-02-13 20:30 | Report Abuse

When the QR result come out? Base on history it should be out liao... why until now no news?

fattycat

690 posts

Posted by fattycat > 2017-02-15 18:14 | Report Abuse

Eps 6.52 sen

Up_down

4,328 posts

Posted by Up_down > 2017-02-15 18:27 | Report Abuse

RCEcap has delivered another fantastic results. It will fly tomorrow.

Whey Whey

1,839 posts

Posted by Whey Whey > 2017-02-15 18:31 | Report Abuse

Gap up when open and limit up again?

Up_down

4,328 posts

Posted by Up_down > 2017-02-15 18:39 | Report Abuse

It could be too early to pocket profit. PER has dropped to 7.7x after taking into account this quarter results. I am expecting RCECap to record another good QR 3 months later. lol

Up_down

4,328 posts

Posted by Up_down > 2017-02-15 18:50 | Report Abuse

Duit. I am not good at guessing price movement in short term. I prefer to let the profit keeps running...unless the price shot up until @_@ . haha

pantor

335 posts

Posted by pantor > 2017-02-15 21:39 | Report Abuse

TP 1.80-2.00

sheep

3,849 posts

Posted by sheep > 2017-02-15 22:14 | Report Abuse

huat arrrr

John Lu

5,187 posts

Posted by John Lu > 2017-02-15 22:50 | Report Abuse

Good profit...very soon rm2

Whey Whey

1,839 posts

Posted by Whey Whey > 2017-02-15 22:51 | Report Abuse

Time to wake up again...!

gcke

1,359 posts

Posted by gcke > 2017-02-15 22:54 | Report Abuse

QR just out today.67%increase in profit.Huat are.

yuanlong57

1,528 posts

Posted by yuanlong57 > 2017-02-16 06:25 | Report Abuse

Impressive 3QR Results!

Jay

1,126 posts

Posted by Jay > 2017-02-16 08:47 | Report Abuse

PBT actually dropped compared to last quarter but net profit increased because of lower tax rates. but nonetheless still a good quarter

pingdan

1,549 posts

Posted by pingdan > 2017-02-16 09:18 | Report Abuse

bought at 1.60...

Mini Yuan

94 posts

Posted by Mini Yuan > 2017-02-16 09:29 | Report Abuse

PE 7.8 nyek nyek nyek

Mgician

716 posts

Posted by Mgician > 2017-02-16 10:41 | Report Abuse

The Group registered a pre tax profit of RM23.7 million for the third quarter ended 31 December 2016 against preceding quarter of RM25.5 million , mainly attributed to RM2.2million higher allowance for impairment loss on receivables moderated by RM0.7million lower interest expense applicable to revenue.

tradeview

608 posts

Posted by tradeview > 2017-02-16 10:42 | Report Abuse

i like this

csan

436 posts

Posted by csan > 2017-02-16 11:59 | Report Abuse

remember that their tax bill this quarter was only 8% because they had quite a lot of deferred tax. i suspect this is one-off. their tax bill is normally 24-25%. be careful.

nocindycat

492 posts

Posted by nocindycat > 2017-02-16 13:12 | Report Abuse

Maybank increased TP to RM1.95, wait what?

zyrexho

172 posts

Posted by zyrexho > 2017-02-16 17:17 | Report Abuse

where did you see TP increased to RM1.95?

husky88

698 posts

Posted by husky88 > 2017-02-16 19:34 | Report Abuse

Hehe, flying

calvintaneng

56,242 posts

Posted by calvintaneng > 2017-02-16 19:43 |

Post removed.Why?

Posted by roadtoholland > 2017-02-16 22:10 | Report Abuse

Put monies in Bank for FD is safe.Greedy will end up sleeping under the Bridge....

herry168

345 posts

Posted by herry168 > 2017-02-17 10:15 | Report Abuse

Sales for government loan ahead 2017 not looking good compare previous..bcos 2016 government staff have some salary increament..I predicted sales volume will drop incoming quarter..

calvintaneng

56,242 posts

Posted by calvintaneng > 2017-02-17 10:24 | Report Abuse

Hi guys,

Did you missed buying RceCap when it was 78 cts after consolidation?

To day RceCap is in headline news because of increased earnings.

When up more than 100% the market sit up and take notice?

Time to buy is when market still don't know.


Now let Calvin tell you a secret

ANOTHER RCECAP IN THE MAKING:

Islamic Pawn Shop!!

Where?

Joint Venture between Bank Maumalat & POS OFFICE. Both owned by DRB! Wuhu!

GIVING OUT MONEY LENDING THROUGH ISLAMIC PAWN SHOP!

Very safe just like RceCap got Govt load deduction.

To pawn something you must have collateral like Gold, expensive watch or other items of Value. If can't redeem pawned items? POS/Bank Maumalat can sell it off by bidding.

And times are bad due to inflation & GST!

So more people will need to borrow monies. The margin of profit in pawn shop is very good. Almost like "Ah Long" rates!!

And there are 700 POS OFFICES THROUGHOUT MALAYSIA.

Imagine the obscene profits DRB going to reap!!!

herry168

345 posts

Posted by herry168 > 2017-02-17 11:06 | Report Abuse

Group of borrowers from government sector now they stuck to get loan bcos their salary deduction exceed the entitlement to get the loan, most of the staff borrow loan with mbsb previously the package loan installment started deducted from their salary now, it was the main reason their salary dedyction now became higher n difficult to get loan..it absolutely effected in this industry coming time..

JimYeoh

1,514 posts

Posted by JimYeoh > 2017-02-17 11:32 | Report Abuse

Sold all at 1.67..

calvintaneng

56,242 posts

Posted by calvintaneng > 2017-02-17 12:47 | Report Abuse

herry168

Got one nice source to borrow left.

Islamic pawn shop!

Posted by malaysiakuku > 2017-02-19 10:51 | Report Abuse

islamic pawn shop? maksud you RCECAP kena buka kedai pajak gadai islam...betul ke, calvin?

calvintaneng

56,242 posts

Posted by calvintaneng > 2017-02-19 11:01 | Report Abuse

Posted by malaysiakuku > Feb 19, 2017 10:51 AM | Report Abuse

islamic pawn shop? maksud you RCECAP kena buka kedai pajak gadai islam...betul ke, calvin?


Ada Islamic pawn shop. Tetapi bukan rececap punya.

Itu POS dan Bank Maumalat punya!

Dan dua dua sekali pun DRB punya


http://postandparcel.info/48515/news/companies/pos-malaysia-sets-up-islamic-pawn-broking-business/

pingdan

1,549 posts

Posted by pingdan > 2017-03-01 17:06 | Report Abuse

pawn shop lai liao lai liao..

ipunk

63 posts

Posted by ipunk > 2017-03-02 11:39 | Report Abuse

undervalue company

yuanlong57

1,528 posts

Posted by yuanlong57 > 2017-03-05 09:20 | Report Abuse

Won't see much big price movement. February many companies releasing QR reports & giving dividends. Very competitive as investors cautious & money diluted over many counters.

SP0094701

654 posts

Posted by SP0094701 > 2017-03-14 19:17 | Report Abuse

No up trend ...yet maksiap

Up_down

4,328 posts

Posted by Up_down > 2017-03-16 13:52 | Report Abuse

Top up more at current price. PER has risen to 8.9x but it may drop to 7.5x when the company announces better profits in its upcoming QR.

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