【RCECAP 9296 交流专区】RCE资本

KelvinLiew

原帖由 弹煮 于 22-10-2007 09:17 PM 发表
偶觉得0.77都可以做到，你耐心等一下就有的了。

所以我怕－－真到那个价位时－－我现在买30。。40仙的股都开翻了的说

Stanley投资

我是讲 100000 shares, 不是 lots..

有很多单。。

弹煮

我不能帮你做决定，对不起。
如果你对公司前景非常看好，这个跌一毛两毛算什么毛？

弹煮

酱你就先买30仙40仙的股咯，简单。

Stanley投资

我全卖完了。。。

下次再来。。。

KelvinLiew

原帖由 弹煮 于 22-10-2007 09:24 PM 发表
酱你就先买30仙40仙的股咯，简单。

所以很多时候－－人都是多来怕的说－既来之则安之－很多事情要发生－预见或者突然都好－－大家都还是一样这样继续走着的说－－

银行还是要开门－巴刹还是要卖菜－人们还是要吃饭[今天我家这里的餐馆特别热闹－间间爆满。。。少见的事]

弹煮

餐馆间间爆满你都知道？你间间去看吗？

KelvinLiew

原帖由 弹煮 于 22-10-2007 09:37 PM 发表
餐馆间间爆满你都知道？你间间去看吗？

我走着去吃饭－－都会经过－－习惯在最后一间用晚餐

Mr.Business

新闻。

EPF, Azman deny RHB-AmBank merger
By Adeline Paul Raj and Chong Pooi Koon

October 23 2007

THE Employees Provident Fund (EPF) has denied a report that it plans to pursue a merger between RHB Capital Bhd and rival AmBank group.

"It is not true," EPF chief executive officer Datuk Azlan Zainol told reporters at a briefing in Kuala Lumpur yesterday.

Tan Sri Azman Hashim, founder and major shareholder of the AmBank group, also denied the report.

"I have no further comment. Whatever the EPF says is right; we'll follow that," Azman said after being told what the EPF had said.

"I'm not going to say anything more," he said when asked if he would seek Bank Negara Malaysia's approval to start talks with EPF.

The Edge business weekly had said that a merger between the two banking groups was being worked out by high-level authorities.

It added that the main shareholders would ask for Bank Negara's approval to start talking as early as this week.

A merger between RHB Capital and AmBank, the fourth and fifth biggest banking groups respectively, would create the country's second biggest lender, the report said.

Meanwhile, Azlan told reporters that three foreign parties were interested in buying part of EPF's stake in RHB Capital.

EPF, which owns 82.3 per cent of RHB Capital, has been given up to June next year by the central bank to pare down its stake to 35 per cent.

"(There were two interested parties before, but now) there's another one coming in, but taking a smaller stake," Azlan said.

The parties expressed their interest through US investment bank Goldman Sachs, which EPF hired to help find a suitable part-ner.

"Once Goldman has shortlisted (them), then we will be sitting down and talking to them directly," he said, adding that EPF plans to meet with the US bank in the next three to four weeks.

http://www.btimes.com.my/Current ... NOTRUE.xml/Article/

Mr.Business

Bank Rakyat的新闻。

Bank Rakyat to grow organically
By Sharen Kaur

October 23 2007

STATE-OWNED Bank Kerjasama Rakyat Malaysia Bhd(Bank Rakyat), the country's largest cooperative bank, said it will not buy into companies for now as the plan now is to grow organically.

It has been reported that Bank Rakyat is interested to buy a stake in Malaysia Building Society Bhd (MBSB), a mortgage provider, from the Employees Provident Fund (EPF).

"Talking to people is normal. As of now, there is really no plan,"managing director Datuk Kamaruzaman Che Mat told Business Times at the bank's Hari Raya open house on Saturday.

  

Business Times reported that the EPF, which holds a controlling 62.41 per cent in MBSB, had received two offers for its shares. Bank Rakyat was one of the bidders.

Meanwhile, Kamaruzaman said the bank will open a new branch in Ayer Keroh, Malacca, and Kuantan, Pahang, by the end of the year and five early next year. The five would be in Mukah, Sarawak; Putrajaya; Tanah Merah and Wakaf Che Yeh, Kelantan; and Gong Badak,Terengganu.

"We will spend RM5.6 million for branch expansions.We will also add another four branches in the second half of 2008,"Kamaruzaman said.

  Bank Rakyat, which has cash and short-term funds of RM1.5 billion, has 112  branches nationwide.

  Kamaruzaman said the bank will also launch new financial products to add to its existing range of over 20 products.

It plans to introduce a new fee-based wealth management product by the end of the year, after getting licencing approval from the relevant authorities.

"We have to introduce new products and repackage the existing ones and look at pricing to compete with other banks.Business expansion and normal asset growth will be there. From next year, there will be more exciting things happening as new products and services come on board," Kamaruzaman said.

The bank is confident it would achieve its target of registering RM720 million in profit before tax this year, from RM626.6 million last year.

http://www.btimes.com.my/Current_News/BT/Tuesday/Nation/Rakyt.xml/Article/

[ 本帖最后由 Mr.Business 于 23-10-2007 09:17 AM 编辑 ]

原帖由 mjchua 于 22-10-2007 09:19 PM 发表


0.770... 那我是不是要先賣掉先 ?

我也是有0.89的票,是否要卖掉????

Mr.Business

新闻。

Tuesday October 23, 2007

Kenanga projects RCE’s income from Vietnam

By SHANNEN WONG

PETALING JAYA: RCE Capital Bhd could reap interest income of RM270,000 in the first year operations of its joint venture (JV) with Southern Bank Vietnam (SBV), said Kenanga Investment Bank Bhd.

The JV to set up a finance company in Vietnam was forecast to generate full-year sales of up to RM4.1mil in its first year, translating into interest income of RM870,000, Kenanga said its update report.

It said total loans in Vietnam grew by an average 25% per year over the past five years and last year surpassed the country's gross domestic product growth of 8.2%.

“With the implementation of the new Enterprise Law in July last year, more small and medium enterprises (SMEs) have registered, contributing to rapid loans growth,” it said.  

The report said RCE was expected to earn a potential income of US$80,000 (RM270,000) and US$110,000 respectively from the JV for the financial years ending March 31, 2008 (FY08) and 2009.

The JV is anticipated to be finalised by year-end.  

Its first branch, expected to be set up in mid-2008, would offer other services beyond consumer loans. This includes loans for SMEs, issuance of debt notes and insurance consultancy services to both retail and corporate companies.

SBV, one of Vietnam's top five joint-stock banks, had total assets of RM1.9bil and shareholders' funds of RM279.5mil as at December last year. It generated a net profit of RM31.2mil for FY06 on the back of revenue of RM193.5mil.

Assuming loans growth at 35% and 20% for FY08 and FY09 respectively, RCE was forecast to achieve a net profit of RM55.2mil and RM65.9mil in FY08 and FY09, Kenanga said.

It noted that the increase in Government employees' salaries in July and the rise in co-operative membership would also contribute to the growth in FY08.

The estimates also factored in the first and second tranches of RCE's proposed RM1.5bil asset-backed securities (ABS) programme, to be issued over 5½ years. The first tranche of RM100mil would be issued next month while the remaining tranches would average RM200mil each.

The ABS was expected to gradually lower RCE's cost of fund by 1%-1.5% from its present 8%-9%, the report said.

Kenanga has maintained its forecast earnings for RCE, pending further information on the JV and the possible Malaysia Building Society Bhd acquisition.

The research house maintains a “buy” call on the counter with a target price of RM1.20, which pegs the stock to a FY09 price-earnings ratio of 12 times, and FY09 earnings per share of 10.2 sen.  

“Dividend payout of 10% of net profit adds further attraction to the stock,” it said, adding that RCE paid its first dividend of one sen in FY07.

http://biz.thestar.com.my/news/s ... 56&sec=business

KelvinLiew

虽然这只股让我赚钱－－但是现在我都不懂要怎样玩了－－所以选择场外观看

弹煮

------------ HOLD ------------------

mm_lee

自从八月大掉以来,RCE都冲不到1.00...
不懂要HOLD到几时才能会到1.00以上...
还好有DIVIDEND,拿个安慰奖也好.

小散户

原帖由 mm_lee 于 23-10-2007 07:58 PM 发表
自从八月大掉以来,RCE都冲不到1.00...
不懂要HOLD到几时才能会到1.00以上...
还好有DIVIDEND,拿个安慰奖也好.

MBSB的消息还没有出...值得等的.

Mr.Business

新闻。

Brokers' View:
Kenanga reaffirms RCE Cap target price

October 24 2007

KENANGA Research has reiterated its "buy" recommendation and target price on RCE Capital Bhd based on the firm's promising consumer financing business.

The research house said its recommendation and target price of RM1.20 was based on a price-to-earnings multiple of 12 times, a five per cent discount to the regional sector's average.

"We are maintaining our estimates pending further details on the Vietnamese joint venture and confirmation of the Malaysia Building Society Bhd (MBSB) purchase," it said.

RCE Capital is looking to establish a finance company with Southern Bank Vietnam (SBV) where it will hold a 30 per cent stake in the venture while SBV will take an 11 per cent stake.

The rest will be taken up by strategic partners.

The firm made a non-binding expression of interest for Employee Provident Fund's 54.2 per cent stake in MBSB, a mortgage provider.

It is also issuing a RM1.5 billion asset-backed securities which is expected to gradually lower RCE's cost of funds by 1 per cent to 1.5 per cent from its present eight per cent to nine per cent.

http://www.btimes.com.my/Current ... rcecap.xml/Article/

mjchua

一週好介紹覬覦馬屋業•RCE資本向好 2007-10-14 19:32

RCE資本主要通過為公務員提供貸款，並以按月攤還的獨特業務模式運作，料可從公務員調薪中獲益，短期貸款和盈利成長看俏。

公務員調薪對RCE資本貸款增長帶來正面影響，貸款增長率與市場預期一致，估計2008財政年貸款成長料達到30%。賬目回收按年增長至少16%

RCE資本2008財政年表現料良好，截至8月杪，賬目回收按年增長至少16%，從前期的8億5900萬令吉上揚至近10億令吉水平。

馬屋業（MBSB，1171）與RCE資本皆屬於非國家銀行管轄的金融機構，但馬屋業擁有存款業務，因此通過併購將為該公司開創進入金融相關業務管道，加速崛起成為國內最大的非監管金融機構。

由於RCE資本尚未提呈馬屋業的競標書，價格將是最主要關鍵，因為馬屋業呆賬率高達25%，管理層需謹慎出價，確保物有所值。RCE資本（RCECAP，9296）

主評：亞歐美研究
建議：買進
覬覦馬屋業：RCE資本向好
交易板：主要交易板
組別：貿易/服務組
繳足資本：6463萬3764令吉
合理價：1令吉33仙
核心業務：貸款、金融相關業務
12/10/07閉市價：90.5仙
每股數據（財政年7月31日止）
項目        2007        2008*
每股賬面值（令吉）        0.25        0.32
每股盈利（仙）        7.3        8.2
每股股息（仙）        1.0        1.0
週息率（%）        1.1        1.1
平均股本回酬（%）        49.8        28.4
* 預測

星洲日報/投資廣場•2007.10.14

[ 本帖最后由 mjchua 于 24-10-2007 12:15 PM 编辑 ]

KelvinLiew

要不是不够资金－－我早把你收个50LOT在保险箱内:@ :@ :@

Stanley投资

对他这样有兴心