【RCECAP 9296 交流专区】RCE资本

mjchua

原帖由 xzm 于 25-9-2007 05:59 PM 发表
凭RM1.5B的ABS?

那將會是很大筆的債務...

mjchua

原帖由 8years 于 25-9-2007 05:39 PM 发表
因为那就可以让rce节省利息开支，自己有资金就不用借钱啦。

那 2007 Q2 的是
Loans, advances and financing 5,574,357
Deposits from customers 5,600,635
Cash and short term funds 521,139

origen

如果用ABS来＂干＂，确定是大错误。。

mjchua

原帖由 origen 于 25-9-2007 06:04 PM 发表
如果用ABS来＂干＂，确定是大错误。。

到時候馬上走人。。。　看也不要再看了。。。

origen

是loh，不用多想，RUN。。

mjchua

原帖由 origen 于 25-9-2007 06:08 PM 发表
是loh，不用多想，RUN。。

所以 RCE 憑什麼來小吃大 ?

origen

如果不深入研究（但需要足够的信息），好像是好的事情，不过想多一些，就会显出很多疑问。。但限制于信息短缺，很难做出评估。。
FUNDING的问题是关键性的。。
目前，从今天瞬时的股价反应，市场还给点面子。。

小散户

做个基本面派的投资者真够力多东西要想...
还是看看技术面比较好..



MACD: 一旦突破0水平...将有好戏看了.
RSI : 出现背离想象. 股价上升..RSI却下跌. 股市将有反转的行情了.如果明天跳空高开.而且没有跌破今天的收市价. 将会有一波上升了. 如果是开市是跌..那么就保重了.
K线图: 出现"倒状铁锤线" 意思也是说转势的形态.

估计这几天有看头了...加上又有消息介入.

mjchua

原帖由 小散户 于 25-9-2007 06:20 PM 发表
做个基本面派的投资者真够力多东西要想...
还是看看技术面比较好..

http://img453.imageshack.us/img453/2835/2007seprcecap640x506uj9.png

MACD: 一旦突破0水平...将有好戏看了.
RSI : 出现背离想象 ...

希望如你所說的。。。呵呵。。。

8years

呵呵，大家已经了解到收购并不是100%好消息，我也可以功成身退了

mjchua

原帖由 8years 于 25-9-2007 06:38 PM 发表
呵呵，大家已经了解到收购并不是100%好消息，我也可以功成身退了

但也不見得對 RCE 是壞消息。。。因為現在實在是太少資料了。

mjchua

參考一下

Undervalued assets
Another attraction of MBSB is that it has a string of under valuedreal estate. These properties were inherited by MBSB as many of its delinquent loans were backed by properties in good locations. In an interview with The Edge, MBSB's CEO Ahmad Farid Omar had said the value of these properties had increased tremendously, especially in Penang, Ipoh, Johor and the Klang Valley.
MBSB had decided not to sell these properties earlier as it preferred to wait until they fetched lucrative prices. And since most of its bad loans have been provided for, any gains on the disposal of its properties will show in its profits. Even a revaluation of its assets will be a boon to MBSB's books.
Based on its 2006 annual report, MBSB's properties stated at cost (minus depreciation and amortisation) stood at RM133 million as at the end of last year. Property consultants say these properties are now worth a few times more than this book value.
The race for MBSB is likely to heat up in the next few weeks but it could end up as a long affair, considering the number of suitors involved.

[ 本帖最后由 mjchua 于 25-9-2007 07:15 PM 编辑 ]

mjchua

MBSB 的資料

Afterincurring huge losses between 1998 and 2003, MBSB returned to the black in 2004 and has managed to improve its financial performance thus far.
One reason for the improved results is MBSB's decision to nurse its non-performing loans (NPLs), which it has more than halved in the last five years.
MBSB's NPL ratio had dropped from 60% in 2002 to 25% as at the end of last year. Its NPL issue stems from its legacy loans that were approved in the 1990s.
Back in 1994, MBSB diversified from its original core business of taking deposits and providing loans to home buyers. It ventured into property development as well as providing bridging and revolving loans for the sector. After the 1997/98 Asian financial crisis, MBSB found itself in dire straits: it was saddled with delinquent loans. In 2000,the group's net NPL stood at RM2 billion. After implementing its restructuring strategies, the company managed to reduce this figure toRM850 million as at the end of last year.
MBSB has also seen considerable loans growth in the last five years. In 2002, its housing loans stood at RM1.1 billion. These have since tripled to RM3.5 billion.
Kuwait Finance House (Malaysia) Bhd (KFHMB) could be drawn to MBSB because of the latter's branch network. MBSB has 22 branches across the country and plans to increase this to 27 by this year. KFHMB has indicated it is keen to increase its branch network to 50 throughout Malaysia.
Pos Malaysia is believed to be keen to ride on MBSB's lending ability to help it become a multi-service organisation. "Pos Malaysiais looking to become like Singapore Post, which provides a slew of financial services to consumers, including small loans," says a source.
Pos Malaysia has 650 post offices across the country plus 200 minipost offices. If Pos Malaysia provided financial services such as consumer loans, it would have a wide reach, especially in the rural parts of the country.

[ 本帖最后由 mjchua 于 25-9-2007 07:04 PM 编辑 ]

mjchua

我認為會出現的情況是。。。
Amcorp吃一部份　Azman吃一部份　RCE吃一部份
RCE 不會獨吃　因為他根本吃不下。。。

而且 Azman 有那麼多 RCE 的股份，我猜他不會殺了這隻會生金蛋的雞 (至少我是這樣認為)

無法否認，若 RCE 要變大，要變得更健康，單單是靠借貸給公務員是不行的
RCE 需要的是吸金的能力，MBSB剛好可以幫他這個忙

至於 2.4 times book 合不合理就要更多的資料了。

[ 本帖最后由 mjchua 于 25-9-2007 07:22 PM 编辑 ]

小散户

大胆预测! RCE举债买下MBSB,然后AMCORP直接私有化RCECAP.

弹煮

RCE总裁要问股东一句，“举债买下MBSB值得吗？”

mjchua

原帖由 小散户 于 25-9-2007 07:28 PM 发表
大胆预测! RCE举债买下MBSB,然后AMCORP直接私有化RCECAP.

要這樣子來 meh... 這樣子我們賺少很多的喔.

小散户

原帖由 弹煮 于 25-9-2007 07:31 PM 发表
RCE总裁要问股东一句，“举债买下MBSB值得吗？”

股东回答: 赚到钱就好!

mjchua

原帖由 弹煮 于 25-9-2007 07:31 PM 发表
RCE总裁要问股东一句，“举债买下MBSB值得吗？”

不值得...

mjchua

原帖由 小散户 于 25-9-2007 07:33 PM 发表


股东回答: 赚到钱就好!

再加一句... 不管黑猫還是白猫　能捉老鼠的就是好猫