Tuesday, May 01, 2007

Goldman Sachs - RCE Capital


Goldman Sachs made another move in acquiring public company shares in Malaysia.
This time their target is RCE Capital. Filing to Bursa malaysia shows that they acquired 50mil shares or 7.73% stake in the open market on April 18. RCE closed at 81 sen on that day.
Looking at Goldman's track record, I believe RCE share price will easily break RM1 in another 1 or 2 months.

Goldman Sachs is the substantial shareholder for E&O, AsiaEp and StemLife. Look at their share price now ....

It is a golden oppurtunity to buy RCE since it closed at 84 sen which is not far from the price Goldman paid for it.

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