RCECAP (9296), Legalize Ah Long
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 Jul 11 2011, 10:38 PM
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#1
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Senior Member
3,578 posts Joined: Apr 2006  
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I've made money a few times with this counter. It's true though that commercial banks' personal loans are now their biggest competitors. The only noticeable difference with their approach is that their non-performing loans are very much lower because the repayment is made via salary deduction.
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Aug 3 2011, 11:15 AM
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#2
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Senior Member
3,578 posts Joined: Apr 2006
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Not only that, directors keep acquiring at lot. Should be quite safe to acquire now.
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Dec 20 2011, 04:24 PM
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#3
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Senior Member
3,578 posts Joined: Apr 2006
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The only problem I see now is their biggest competitor being MBSB. What say the rest here?
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Dec 21 2011, 02:51 PM
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#4
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Senior Member
3,578 posts Joined: Apr 2006
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QUOTE(sjz @ Dec 21 2011, 09:53 AM) i think they have their own market...and won't like grab the others' market... Most of their business are from KOWAJA in which I believe MBSB and a few other players are also competing in.bank rakyat, BSN, bank pertanian had offered such loans since long time ago... all these are cronies linked company...  ...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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