a large number waiting at 1.00 ...

LOL.....

Aiya ... Dialog and Harta-ca ran chicken liao

Somehow each time CA sure green one. Manipulation or what?

more like a trap.

Hah .. if got it from remisier at 0.15 not bad wat?

cut loss d bought 0.21 sold 0.15 =.=''

HwangDBS research paper turn into a feng shui paper.
Sorry... unable to post due to LYN..

mas-or masuk longkang, proves that investors do not have confidence in mas anymore

reporting in guys! hows trading today? Anybody looking to WEIDA? hmm..im queueing at 0.675 now..hoping to hit

Feb. 11 (Bloomberg) -- China’s January new loans stood at
1.39 trillion yuan, the central bank said.

By Bloomberg News
Feb. 11 (Bloomberg) -- The People’s Bank of China sold three-month bills at a yield of 1.4088 percent, unchanged for a third week, according to traders at Industrial and Commercial Bank of China Ltd and CITIC Securities Co.
China’s central bank last allowed the three-month bill yield to rise twice last month. It offered 30 billion yuan ($4.4
billion) of the securities at today’s auction.

so bored

i dun understand how rights works.
they offer mas rights at 1.60 but it opened at 0.44 only??!!
so whoever took the offer already rugi a whopping 72.5% when open.
and assuming someone who doesnt own the parent share, can they buy the rights now and then wait till feb 22nd to convert back to mothershare?
eg. if i buy today the MAS-OR at 0.19 for say 1000shares @ RM190, does that mean by feb 22nd, i'll get 1000 share of MAS worth RM1900??!!!
please help me understand this.
thanks!

market very quiet

Any reason why you aim at Weida? Don't be cheated by the profit Some one off gain in Q3
Or you got rumours on it?

The -OR allows you to subscribe to their warrants.

If they prices the warrants at RM1.60, means after buying the -OR shares for 0.19 each, you still need to pay the Rm1.60 subscription to get the warrants via application form.

-OR means the "rights" to buy their warrant. Shareholders who aren't interested in the warrants can sell their "rights" to other people whom may be interested.

So if you do not hold any mothershares but want to subscribe to the warrants, then you can buy the -OR (rights) from the market and then apply for the warrants via forms.

This post has been edited by skiddtrader: Feb 11 2010, 10:24 AM

To RCE Cap Investors :-

RCE Capital – 9MFY10 results on-track (Results Note)


Target Price: RM0.90

Recommendation: BUY



· RCE’s 9MFY10 net profit of RM58.3m was within expectations, at 75% of our FY10 net profit forecast of RM78.1m and 76% of street estimate of RM77.2m. 9MFY10 loans growth of 27% was supported by seasonally stronger demand during Hari Raya and year-end festive period.

· 27% increase in net loan receivables in 9MFY10 to RM1.1b (from RM871.8m in 9MFY09) drove revenue up by 21% YoY, as public employee demand for financing continued to remain robust particularly for RCE’s 15-year loan and Islamic products. 9MFY10 pretax profit margin remained stable at 42% resulting in pretax profit increasing by 18% YoY. Provision for doubtful debt was stable at RM19.9m (compared to RM19.8m in 9MFY09) and NPL ratio remained below 3%.

· Added demand during Hari Raya and year-end school holidays caused loan book to swell by 5% QoQ, resulting in 3QFY10 revenue rising by 6% QoQ. EBIT margin improved by 6% QoQ mainly due to lower operating expenses (sales and marketing) from dearth of product launches during the quarter. Core net profit rose by 10% QoQ in line with higher sales and lower marketing costs.

· FY10 and FY11 forecast net profit maintained. RCE looks set to meet, if not outperform our loans growth assumption of 15% in FY10.

· Reiterate BUY recommendation with target price of RM0.90, based on 8x PER applied to rolled-over FY11 EPS of 11.5 sen. Our target PER is at a 1x premium to regional industry average given RCE’s unique low-risk model of direct salary deduction. We expect the firm to maintain its DPS of 1 sen as per FY09 moving forward, resulting in a FY10 dividend yield of 1.5%. Give its curent undemanding 6x FY11 PER valuation, we believe that there is still significant upside to RCE’s share price.

This post has been edited by SKY 1809: Feb 11 2010, 10:26 AM

Please be informed that the following dates are the upcoming public holidays observed in the respective countries:
Country Date Occasion Additional Day Off Resume Business
Malaysia
Sunday, 14 Feb 2010
Monday, 15 Feb 2010
Chinese New Year Tuesday,16 Feb 2010 17 February 2010
(Wednesday)
Singapore
Sunday, 14 Feb 2010
Monday, 15 Feb 2010
Chinese New Year Tuesday,16 Feb 2010
17 February 2010
(Wednesday)
Indonesia Sunday, 14 Feb 2010
Chinese New Year

- 15 February 2010 (Monday)
China
Sunday, 14 Feb 2010
Monday, 15 Feb 2010
Tuesday,16 Feb 2010

Lunar New Year

- 17 February 2010
(Wednesday)


Hong Kong

Sunday, 14 Feb 2010
Monday, 15 Feb 2010
Tuesday,16 Feb 2010
Lunar New Year


- 17 February 2010
(Wednesday)


Cambodia
No Public Holiday

Woot, bad for IPO...

Could be low subscription as well.

Thanks for the update. I hope got banks interested in RCECAP and take it private.
Dividend is very low...