RCE Capital's fair value lifted, stock climbs
Date:
2011-06-10
Firm:
RHB
Stock:
Price Target:
1.10
Price Call:
BUY
Last Price:
1.63
Upside/Downside:
-0.53 (32.52%)
RCE Capital Bhd, a Malaysian consumer credit provider, rose the most in more than six months in Kuala Lumpur trading after RHB Research Institute Sdn Bhd raised its fair value for the stock to RM1.10.
Its shares climbed 6 per cent to 53 sen at 9:05 a.m. local time, set for their biggest increase since Nov. 22. -- Bloomberg
Its shares climbed 6 per cent to 53 sen at 9:05 a.m. local time, set for their biggest increase since Nov. 22. -- Bloomberg
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4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
valueinvestor
on what basis? Double the share price in an interest rate trending up environment for a company whose profitability is dependent on low or fixed interest rates? OMG! RHB.
2011-06-14 08:02