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 RCECAP (9296), Legalize Ah Long

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sjz
post Jan 5 2011, 03:27 PM

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RCECAP moving... tongue.gif
seems like the previous bad news does not affect them much...
some impact on the groups future profitability in the longer-term
sjz
post Jan 5 2011, 03:58 PM

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means KOWAJA will still borrowing money from RCECAP? smile.gif
but with a new scheme?
the news haven't been released yet..
sjz
post Dec 20 2011, 04:07 PM

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this ah long belongs to AmBank's mother company AmCorp...
there must be something a bank can't do....
tat's y the need of this company as legalize ah long....
PE so low, less than 4....really Yummy!! tongue.gif

the recent plan of public servant salary increase will benefits this company greatly....shud be back to RM0.60 in no time...
sjz
post Dec 21 2011, 09:53 AM

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QUOTE(yeeck @ Dec 20 2011, 04:24 PM)
The only problem I see now is their biggest competitor being MBSB. What say the rest here?
*
i think they have their own market...and won't like grab the others' market...
bank rakyat, BSN, bank pertanian had offered such loans since long time ago...

all these are cronies linked company... tongue.gif...
rcecap is amcorp linked company..if not, there is still risk of funding issue...
but now funding will not be a problem...
i assume most of their borrowings are from ambank...

 

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