Posted by hoplanner > 1 month ago | Report Abuse

Need Sifu Sifu here for advice:-
1. At current price it is expensive to buy?
2. Wld the share price go up after ex-divd? under present sentiment where banking stocks are performing well?
3. Is RHB a better buy compare to other banking stocks?

Posted by prudentinvestor > 4 weeks ago | Report Abuse

Some people are always obsequious to Western people, wagging their tails whenever they see them. They should read this article by Jeffrey Sachs, a world renowned US professor.
https://johnmenadue.com/chinas-economic-success-in-face-of-growing-u-s-eu-protectionism/

Posted by bearcomebullgone > 4 weeks ago | Report Abuse

kena injek lagi duit ka pi digital bank aiyo

Posted by prudentinvestor > 4 weeks ago | Report Abuse

Now highest in 52 weeks but still a long way to catch up with CIMB which was at about the same level as RHB just 5 months ago.

Posted by troy88 > 4 weeks ago | Report Abuse

Why RM3 take so long to come?? I wanna buy but can't get

Posted by speakup > 4 weeks ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/04/08/foreign-funds-continue-net-selling-of-malaysian-stocks-for-sixth-week
our local funds push up market for foreign funds to exit. LOL!

Posted by stockraider > 3 weeks ago | Report Abuse

This is one of the most undervalue performing bank mah!

Posted by Thirai Thiraviam > 3 weeks ago | Report Abuse

>1. At current price it is expensive to buy?
Yes, and no. It is relatively expensive compared to where it has been for the last few years. However, RHB has not kept pace with the rest of the banks -- like CIMB and Maybank -- and its PER is still relatively low.

> 2. Wld the share price go up after ex-divd? under present sentiment where banking stocks are performing well?
Of course. Plus in this round, they also have DRIP; so expect the price to drop more than RM0.25.

> 3. Is RHB a better buy compare to other banking stocks?
Yes. It is a better value, except perhaps AmBank. But doubts about that bank lingers.

Posted by derricksyl > 3 weeks ago | Report Abuse

AGM on 10/05/24 .......

Posted by prudentinvestor > 3 weeks ago | Report Abuse

Unlikely to reach RM5.80 within the next two days before it trades ex dividend.

Posted by speakup > 3 weeks ago | Report Abuse

https://themalaysianreserve.com/2024/04/16/one-in-two-malaysians-fear-job-loss-says-new-survey/
recession coming?

Posted by Shines > 3 weeks ago | Report Abuse

So near xd still going down

Posted by prudentinvestor > 3 weeks ago | Report Abuse

Should trade in the range RM5.45 to RM5.50 tomorrow. Anything better is a great achievement.

Posted by prudentinvestor > 3 weeks ago | Report Abuse

Maybank took less than three weeks to scale back to the same level just before it went ex dividend. RHB Bank may take three months to achieve this.

Posted by Hemsley > 3 weeks ago | Report Abuse

Doesn't matter, we have 6 months until next x-date. Better go below 5.40 now so can top up and average down my average price.

Posted by prudentinvestor > 3 weeks ago | Report Abuse

Not easy to make money from investments in RHB Bank. I bought some at RM5.63 a share about 10 weeks ago. At RM5.50 a share now and including the dividend, I only have a gain of around 1.35% in 10 weeks.

Posted by cola > 3 weeks ago | Report Abuse

If you call it an investment, 1.35% in 10 weeks is not bad at all😅

Posted by prudentinvestor > 3 weeks ago | Report Abuse

I got much better returns from my investments in Maybank for the past one year.

Posted by Value Investor Coo1eo > 3 weeks ago | Report Abuse

@prudentinvestor - RHB is not for you.

Posted by speakup > 3 weeks ago | Report Abuse

You want fast money: ytlpower

Posted by prudentinvestor > 3 weeks ago | Report Abuse

"RHB is not for you."
My investment in RHB Bank is several times my investments in Maybank. Will certainly reduce my holdings and switch to Maybank or CIMB if RHB goes up by 10 to 15% while Maybank and CIMB remain at the present level.

Posted by prudentinvestor > 3 weeks ago | Report Abuse

"You want fast money: ytlpower"
Won't be so greedy as to buy a counter that has shot up by 4 times over the past one year.

Posted by stkoay > 2 weeks ago | Report Abuse

RHB Foreign shareholding 15.41%
Source: https://www.rhbgroup.com/investor-relations/overview/key-financial-information/index.html


MBB Foreign shareholding 20.11%
Source: https://www.maybank.com/en/investor-relations/share-information/shareholdings.page

Posted by stkoay > 2 weeks ago | Report Abuse

Foreign shareholding of RHB has dropped from a high of 25.65% in 2020 to latest 15.41%

while MBB has been steady and current 20.11% is 5 years high

...may be that explains the share price performance.

Posted by prudentinvestor > 2 weeks ago | Report Abuse

CIMB Bank's foreign shareholding is the highest among local banks, at 31.4% as at 31 Dec 2023.

Posted by stkoay > 2 weeks ago | Report Abuse

Yes, CIMB is FF darling, that's why it's volatile....down fast (like during covid) and up as fast.
MBB attracts more long term FF, that's why it's slow but not volatile.

FF also got long term and short term speculative fund.

Posted by prudentinvestor > 2 weeks ago | Report Abuse

I remember during the 90s, foreigners owned about 40% of CIMB bank. It dipped below RM1 during the Asian financial crisis of 1997/98. Sell when it has been pushed up too far. Above RM7 better sell all.

Posted by prudentinvestor > 2 weeks ago | Report Abuse

CIMB bank fluctuated between a low of RM4.80 to a high of RM6.77 over the past one year. At RM6.62, it is not far from its 52 week high. Those who had bought at around RM5 have a capital gain of over 30% and over 35% if you include the dividends. RHB Bank investors have a total total gain of less than 10%.

Posted by Tedinvestor > 2 weeks ago | Report Abuse

Maybank promoters busy downgrading RHB to attract buyers. I'm a maybank shareholder but I don't do such despicable things la.

Posted by All_in_2021 > 2 weeks ago | Report Abuse

Can i know if we can apply for Dividend Reinvestment Plan from Boardroom already? It is not appearing on the "corporate action"

Posted by prudentinvestor > 2 weeks ago | Report Abuse

Pretty solid after it traded ex dividend. Hope it could keep up the momentum.

Posted by prudentinvestor > 2 weeks ago | Report Abuse

@Tedinvestor, can you list down the comments that Maybank promoters wrote about RHB that you think are despicable? The fact remains, 95% of RHB Bank shares are held by those holding more than 100,000 shares, those holding less than 10,000 shares only control 2% of RHB Bank's paid up capital. The big boys will determine how much RHB Bank is worth, we small investors are just followers. Whatever small investors write will have no effect on RHB Bank's share performance.

Posted by Brutus > 2 weeks ago | Report Abuse

Boardroom DRP is open. Just done mine.

Posted by All_in_2021 > 2 weeks ago | Report Abuse

Thanks. Completed mine as well.

Posted by prudentinvestor > 2 weeks ago | Report Abuse

The take up rate last DRP was only just over 80%. Unfortunately, we can't apply more than what has been allocated to us.

Posted by Shines > 2 weeks ago | Report Abuse

Also soft legs, up a few sens, then drop

Posted by derricksyl > 2 weeks ago | Report Abuse

GRAB IT AS MUCH AS U CAN ....

Posted by DickyMe > 2 weeks ago | Report Abuse

Without government support this will be licking the floor.
Many things in Bursa listing are on weak foundation and artificially held high.
Another SAPNRG?

Posted by prudentinvestor > 2 weeks ago | Report Abuse

@DickyMee, as long as it can pay me 40 sen dividend every year, I don't mind it becoming another SAPNRG. How much is a plate of DickyMee today?

Posted by Tedinvestor > 2 weeks ago | Report Abuse

The reason I bought Maybank also because of the dividend. I had experienced paper loss and only recently the stock price gained profits after few years. I believed in long-term investment and those counter which gives good dividend can offset capital loss. It just a matter of time before the counter will play a catch up

Posted by DickyMe > 2 weeks ago | Report Abuse

Free for the entitled beggars.

Posted by prudentinvestor > 2 weeks ago | Report Abuse

DickyMee is worth nothing, same as the person who fries it.

Posted by Mytime > 2 weeks ago | Report Abuse

Beggars can afford to buy shares? Our economy are booming if beggars are rich

Posted by prudentinvestor > 2 weeks ago | Report Abuse

Some beggars have been caught with over RM10k in their pockets, some have been observed to dine in restaurants.

Posted by SeekUndervalued > 1 week ago | Report Abuse

Doesn’t matter it goes up or down. If it goes down, I add more. The only thing I am concern with is whether it can maintain the dividend of 40 cents? The dividend policy is only 30%… if it can maintain 40 cents dividend, then I don’t mind adding…

Posted by prudentinvestor > 1 week ago | Report Abuse

With the restructuring of EPF members' accounts, you can expect another wave of withdrawals. EPF should need the dividends from RHB.

Posted by new_in_share > 1 week ago | Report Abuse

sifus is DRP shares already listed so they can sell?

Posted by prudentinvestor > 1 week ago | Report Abuse

Last date and time to submit the DRF :
Tuesday, 7 May 2024 at 5:00 p.m., or such other date and time as may be extended by the Board of Directors of RHB Bank (“Board”) at its sole discretion

Allotment and issuance of new RHB Bank Shares as well as payment of cash dividend to entitled shareholders :
Thursday, 16 May 2024
Abstracted from Boardroom Share Registrars

Posted by new_in_share > 1 week ago | Report Abuse

Meaning after 16th May only DRP shares listed? More downwards then?

Posted by prudentinvestor > 1 week ago | Report Abuse

Buy some more if it drops to below RM5.30 again. At RM5.30, the PE would be around 8.1 and the dividend yield over 7.5%.