Highlights

Stock Price Target

 
Search
Recent Price Targets: [Sign In or Register (FREE) to view]
 
KLSE: RHBBANK       RHB BANK BHD
Last Price Avg Target Price   Upside/Downside Price Call
5.52 6.32     +0.80 (14.49%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
01/08/2019 5.50 6.35 +0.85 (15.45%) BUY MIDF Price Target News
01/08/2019 5.50 6.05 +0.55 (10.00%) BUY KENANGA Price Target News
01/08/2019 5.50 6.60 +1.10 (20.00%) BUY AmInvest Price Target News
31/07/2019 5.40 6.45 +1.05 (19.44%) BUY HLG Price Target News
03/07/2019 5.80 6.45 +0.65 (11.21%) BUY HLG Price Target News
01/07/2019 5.61 6.05 +0.44 (7.84%) HOLD KENANGA Price Target News
01/07/2019 5.61 6.50 +0.89 (15.86%) BUY HLG Price Target News
01/07/2019 5.61 6.60 +0.99 (17.65%) BUY AmInvest Price Target News
19/06/2019 5.61 6.50 +0.89 (15.86%) BUY HLG Price Target News
18/06/2019 5.58 6.60 +1.02 (18.28%) BUY AmInvest Price Target News
03/06/2019 5.81 6.50 +0.69 (11.88%) BUY HLG Price Target News
28/05/2019 5.75 6.35 +0.60 (10.43%) BUY MIDF Price Target News
28/05/2019 5.75 6.75 +1.00 (17.39%) BUY MACQUARIE GROUP Price Target News
28/05/2019 5.75 6.05 +0.30 (5.22%) HOLD KENANGA Price Target News
28/05/2019 5.72 6.60 +0.88 (15.38%) BUY AmInvest Price Target News
28/05/2019 5.75 6.30 +0.55 (9.57%) BUY AffinHwang Price Target News
16/05/2019 5.76 6.60 +0.84 (14.58%) BUY HLG Price Target News
13/05/2019 5.74 6.75 +1.01 (17.60%) BUY MACQUARIE GROUP Price Target News
09/05/2019 5.76 6.60 +0.84 (14.58%) BUY HLG Price Target News
08/05/2019 5.69 6.60 +0.91 (15.99%) BUY HLG Price Target News
02/05/2019 5.96 6.60 +0.64 (10.74%) BUY HLG Price Target News
26/04/2019 5.81 6.10 +0.29 (4.99%) BUY MIDF Price Target News
23/04/2019 5.75 6.60 +0.85 (14.78%) BUY HLG Price Target News
12/03/2019 5.66 6.30 +0.64 (11.31%) BUY AmInvest Price Target News
28/02/2019 5.61 6.10 +0.49 (8.73%) BUY MIDF Price Target News
28/02/2019 5.61 5.80 +0.19 (3.39%) HOLD KENANGA Price Target News
28/02/2019 5.61 6.30 +0.69 (12.30%) BUY AmInvest Price Target News
28/02/2019 5.61 6.30 +0.69 (12.30%) BUY Affin Hwang Capital Price Target News


Price Target Research Article/News (past 6 months)
01/08/2019  MIDF RHB Bank - Getting in on the Industry Trend
01/08/2019  KENANGA RHB Bank - Divesting Its Insurance Arm
01/08/2019  AmInvest RHB Bank - In Talks to Sell Up to 94.7% Shares in RHB Insurance
31/07/2019  HLG RHB Bank - Negotiating to Sell Its Insurance Unit
03/07/2019  HLG Banking - Patience Is a Virtue
01/07/2019  KENANGA Banking - BNM Stats. (May 2019): Same Old, Same Old
01/07/2019  HLG Banking - Slowdown Has Stopped?
01/07/2019  AmInvest Banking Sector - Surge in Loans Approvals Expected to Translate into Stronger Loan Growth
19/06/2019  HLG RHB Bank - Undemanding Valuations With Decent Dividend Yield
18/06/2019  AmInvest RHB Bank - Stock’s Liquidity Expected to Improve
03/06/2019  HLG RHB BANK - Fundamentals Remain Sound
28/05/2019  MIDF RHB Bank Berhad - Lower ECL Supported Earnings Growth
28/05/2019  MACQUARIE GROUP Outperform Maintained on RHB as Earnings Up 6.7% YoY
28/05/2019  KENANGA RHB Bank Berhad - Let Down by Deteriorating NIM
28/05/2019  AmInvest RHB Bank - Positive JAWs; strong capital position
28/05/2019  AffinHwang RHB Bank - Within Expectations; Driven by Lower Provisions
16/05/2019  HLG RHB Bank - Still a Darling
13/05/2019  MACQUARIE GROUP Broadening Momentum for RHB Bank
09/05/2019  HLG RHB Bank - Still a Darling
08/05/2019  HLG Banking - Impact of An OPR Cut
02/05/2019  HLG Banking - Low-key Showing
26/04/2019  MIDF RHB Bank Berhad - Moving in Strides to Enhance Customer Experience
23/04/2019  HLG Banking - Sleeping With the Frenemy
12/03/2019  AmInvest RHB Bank - Fundamentals intact with improving asset quality
28/02/2019  MIDF RHB Bank Berhad - Exceeded Expectations
28/02/2019  KENANGA RHB Bank Berhad - Exceed Expectations
28/02/2019  AmInvest RHB Bank - Improved asset quality with lower provisions
28/02/2019  Affin Hwang Capital RHB Bank - In-line With Expectations; Another Decent Quarter



  Jimmy Ng likes this.
 
Choongling RHB 5.77.Those who said can go up beyond 5.6 is smart.
04/06/2019 2:25 PM
masterus Psiptek is ready for the North. TP 0.19 to 0.20.
10/06/2019 4:03 PM
Blaze Tomorrow RHB mega sale....
17/06/2019 7:15 PM
chshzhd buy..
17/06/2019 9:13 PM
Huatexpert Aabar Investments to exit RHB Bank
The sale, to be arranged by CIMB Investment Bank via a book-building exercise, will be priced at a range of between RM5.43 and RM5.54 a share.

Read more at https://www.thestar.com.my/business/business-news/2019/06/18/aabar-investments-to-exit-rhb-bank/#YSb8yPOGTi67A7Gh.99
18/06/2019 9:47 AM
prudentinvestor According to Sin Chew, the 400 million RHB bank shares that Aabar Investments proposes to sell would be priced at around RM 5.64 a share.
18/06/2019 10:33 AM
chshzhd aminvest buy call
18/06/2019 10:54 AM
hanxiong abu dhabi sell
18/06/2019 11:32 AM
chshzhd HLG buy call :)
19/06/2019 10:51 PM
Choongling Break 5.6,yes
20/06/2019 5:02 PM
prudentinvestor Aabar Investments still holds around 170 million RHB Bank shares which it is not allowed to sell within the next 60 days. This could be a drag on the performance of RHB. Great opportunity to buy RHB shares at such a low level. After the divestment by Aabar of all of its RHB shares, we may not have this opportunity again.
21/06/2019 9:24 AM
alternative How much did Aabar Investments bought the shares previously, you have to know this. It's normal that they selling it at profit
24/06/2019 11:57 AM
saadiq arab jual siap beli...
24/06/2019 3:49 PM
chshzhd epf acquired another 23m shares
26/06/2019 9:36 AM
calvintaneng ANOTHER STRONG REASON WHY CALVIN WON'T BUY UNPROVEN NEW IPO STOCKS IS BECAUSE CALVIN FOLLOWS HOW PUBLIC BANK OR HONG LEONG BANK GIVE OUT LOANS

NO. 1

BANKS WILL ONLY GIVE OUT LOANS FOR THOSE WITH PROOF OF ACTUAL INCOME
3 MONTHS SALARY PAY SLIP FROM EMPLOYERS OFFICIAL LETTER

THIS SHOWS THAT THE BORROWERS CAN PAY IF HE BORROWS. THE LOAN PAYMENT AMOUNT IS ABOUT 1/3 OF HIS INCOME OR SALARY


NO. 2

IF HE DOES NOT QUALIFY THEN HE MUST SHOW IF HE HAS ASSET BACKING

A) CASH IN BANK FD (THIS IS THE BEST AS CO-LATERAL) IF CUSTOMER CANNOT PAY THEN SEIZE THE FD

B) GOLD OR GOLD CERTIFICATE DEPOSITED WITH THE BANK

C) ASSETS LIKE LANDS, HOUSES, SHOPS OR FACTORIES PLEDGED AS SECURITY FOR BORROWING OR OD (OVERDRAFT).


NO. 3 IS USUALLY REJECTED

PROMISE OF GREAT FUTURE INCOME FROM ENTERPRIZE OR VENTURE

TOO RISKY AS BANKS CANNOT TRUST FUTURE EARNINGS ALONE


APPLY THIS TO SHARES

1) CAN BUY SHARES LIKE TA, ASB & TALAMT BECAUSE OF HIGH NET CASH & ASSET BACKING

2) CAN BUY STOCKS WITH CONSISTENT EARNINGS WITH DIVIDENDS

CANNOT BUY IPO SHARES AS IT FAILED NO. 1 & MO. 2

FOR THIS REASON CALVIN WILL NOT BUY GREATEC OR ANY SHARES AT IPO
26/06/2019 11:17 PM
chshzhd so must buy shares of bank like rhb ha:) ha:)
26/06/2019 11:27 PM
origamiandair Up 18 cents.
01/07/2019 10:27 AM
Be Positive any ideas why it suddenly grew 18 cents?
01/07/2019 11:23 AM
chshzhd huge volume today indicates ...woo..
02/07/2019 8:38 PM
chshzhd for me, i guess rhb will stand above 5.80 from tomoro..
02/07/2019 8:42 PM
saadiq kuwait shares sell to EPF
03/07/2019 4:12 PM
Choongling Seems like EPF & Aabar both sell some quantities recently.
09/07/2019 11:43 PM
tkl88 Oil price as at 11.10 pm,
Nymex=> $59.48 (+1.65) (+2.85%)
Brent=> $65.87 (+1.71) (+2.67%)
10/07/2019 11:13 PM
masterus THE US dollar was stuck at a five-day low on Thursday after Federal Reserve chair Jerome Powell kept the door open for US interest rate cuts, though investors were wary of selling US dollars aggressively until a policy review later this month.
12/07/2019 10:31 AM
Becky123 Yeah. Let’s wait for Citi to downgrade BAT, Bursa and Maybank....
I want to buy BAT at RM27, Bursa at RM6.50 and Maybank at rm8.50 And RHB bank perhaps at rm5.20. Go Citi!

Citi would write like this;

For rhb and Maybank, earnings lower due to interest rate cut affecting interest margin. Negative

For bursa; earnings lower due to lower volume on klci. Negative

For BAT, earnings negative coz people smoke only smuggled cigarettes which is cheaper and e cigarettes. Negative.

Go Citi! Invest without basis.
22/07/2019 7:12 PM
Becky123 Tmrw rm5.00 GLc next target to sell is RHB
30/07/2019 7:45 PM
shlang17 What happen to RHB bank?
31/07/2019 9:42 AM
vvvv really no idea.
31/07/2019 10:20 AM
Parttimer probably sell off their insurance arm?
31/07/2019 11:14 AM
vvvv https://www.theedgemarkets.com/article/rhb-bank-share-trade-suspended-asset-disposal-announcement
31/07/2019 12:52 PM
flexibt https://www.theedgemarkets.com/article/rhb-bank-gets-bnm-nod-start-talks-tokio-marine-sell-stake-rhb-insurance
31/07/2019 1:51 PM
Choongling Insurance sale is it good or bad
31/07/2019 2:38 PM
Parttimer should be good, cos free up capital maybe can give more dividend... that's just my 2 cents though...
31/07/2019 3:50 PM
Lau Choong Ling I agreed dividend increase. Not sure if the sale successful.
31/07/2019 5:23 PM
Yuming EPF keep buying the shares, sure something good?
31/07/2019 7:18 PM
masterus The US Federal Reserve has cut interest rates for the first time in more than a decade and signalled its readiness to provide more support as growth slows in the world’s largest economy.

The US central bank cut its key benchmark interest rate by a quarter of a percentage point, to a range of 2%-2.25%, in the first reduction in borrowing costs since immediately after the financial crisis a decade ago.
01/08/2019 8:01 AM
RainT half July is EPF sell

then end half is EPF buy

EPF buy not means what good
01/08/2019 2:26 PM
Choongling Is RHB insurance sold to Tokio Marine.
02/08/2019 1:52 PM
Lau Choong Ling When is Quarter result ????
02/08/2019 10:23 PM
enning22 end of august.
06/08/2019 3:08 PM
Kopijy Up
07/08/2019 8:47 AM
chshzhd up
08/08/2019 12:38 PM
Choongling https://eresearchsystem.bursamalaysia.com/eResearch/webdownload.pub?id=32036
13/08/2019 3:37 PM
captainmalaysia1957 Just google <RHB Scandals>

Below are all the search results.
RHB Bank has been embroiled with a string of scandals in the last few years. Many senior managements at its Investment Bank division left in the last two years. RHB Bank mobile app is also significantly lag behind its peers like Maybank and CIMB.

CIMB has a JV with Ant Financial (holdings company of Alipay). If you ask me to choose a bank in Malaysia, i would definitely go for either CIMB for its digital banking or Maybank for its most extensive ATM network that gives convenience to all its customers.

RHB Investment Bank Profit Before Tax collapsed to RM20m+ in FY2018, from the peak of RM 340m back in FY2014. The sharp declined in earnings is due mainly to OVEREXTENDING DEBTS AND CREDITS TO oil and gas sector before oil price collapsed in 2H14.

Don't waste time looking to invest in RHB Bank. Aabar, subsidiary of UAE sovereign wealth fund (with US$1 trillion in assets) had ceased to be a substantial shareholder in the bank. That tells a lot.


Spate of RHB resignations sets tongues wagging
https://www.theedgemarkets.com/article/spate-rhb-resignations-sets-tongues-wagging

RHB denies there is an investigation of its asset arm selling certain stocks
Read more at https://www.thestar.com.my/business/business-news/2016/08/25/no-selldown#1fX2TISjxKLboiqV.99

Aabar putting up for sale remaining 9.9% stake in RHB Bank
Read more at https://www.thestar.com.my/business/business-news/2019/06/17/aabar-putting-up-for-sale-remaining-9pt9pct-stake-in-rhb-bank#lU2QwfigPQLj3gYs.99

RHB refutes allegation of involvement in financial scandal
https://www.theedgemarkets.com/article/rhb-refutes-allegation-involvement-financial-scandal

RHB also refute Sarawak Report's baseless allegations
https://www.nst.com.my/business/2018/03/340366/rhb-also-refute-sarawak-reports-baseless-allegations
15/08/2019 2:13 PM
prudentinvestor Why did you regurgitate stale news? RHB still makes good money and pays reasonably good dividend. Aabar sold its RHB shares but other institutions picked them up. They can't be stupid. EPF still holds over 40% of RHB shares. Those who had bought CIMB or Maybank shares just before GE last year have now lost a lot of money but investors of RHB are still able to make some money.
15/08/2019 5:00 PM
captainmalaysia1957 Just google <RHB Scandals>

Below are all the search results.
RHB Bank has been embroiled with a string of scandals in the last few years. Many senior managements at its Investment Bank division left in the last two years. RHB Bank mobile app is also significantly lag behind its peers like Maybank and CIMB.

CIMB has a JV with Ant Financial (holdings company of Alipay). If you ask me to choose a bank in Malaysia, i would definitely go for either CIMB for its digital banking or Maybank for its most extensive ATM network that gives convenience to all its customers.

RHB Investment Bank Profit Before Tax collapsed to RM20m+ in FY2018, from the peak of RM 340m back in FY2014. The sharp declined in earnings is due mainly to OVEREXTENDING DEBTS AND CREDITS TO oil and gas sector before oil price collapsed in 2H14.

Don't waste time looking to invest in RHB Bank. Aabar, subsidiary of UAE sovereign wealth fund (with US$1 trillion in assets) had ceased to be a substantial shareholder in the bank. That tells a lot.


Spate of RHB resignations sets tongues wagging
https://www.theedgemarkets.com/article/spate-rhb-resignations-sets-tongues-wagging

RHB denies there is an investigation of its asset arm selling certain stocks
Read more at https://www.thestar.com.my/business/business-news/2016/08/25/no-selldown#1fX2TISjxKLboiqV.99

Aabar putting up for sale remaining 9.9% stake in RHB Bank
Read more at https://www.thestar.com.my/business/business-news/2019/06/17/aabar-putting-up-for-sale-remaining-9pt9pct-stake-in-rhb-bank#lU2QwfigPQLj3gYs.99

RHB refutes allegation of involvement in financial scandal
https://www.theedgemarkets.com/article/rhb-refutes-allegation-involvement-financial-scandal

RHB also refute Sarawak Report's baseless allegations
https://www.nst.com.my/business/2018/03/340366/rhb-also-refute-sarawak-reports-baseless-allegations
15/08/2019 5:00 PM
DoggieInvestor I think captain malaysia has a point.

https://dapmalaysia.org/english/2007/mar07/bul/bul3255.htm

The Employees Provident Fund (EPF) has no business in owning and operating commercial banks. By acquiring Rashid Hussain Berhad (RHB), the EPF has placed Malaysian workers' hard-earned savings in greater risk


____________ Press Conference by Tony Pua _______________

(Petaling Jaya, Friday) : The Employees Provident Fund (EPF) has proposed to buy all the shares, loan stocks and warrants in RHB owned by Utama Banking Group Bhd (UBG). On completion of this offer, UBG told Bursa Malaysia yesterday, EPF would extend a general offer (GO) for the rest of the RHB shares, loan stocks and warrants. The entire exercise excluding incidental expenses will cost EPF up to RM9 billion depending on acceptance rates.


This offer from EPF has as of yesterday, been accepted by UBG, which in turn rejected competing offers from EON Capital Bhd as well as Kuwaiti Finance House. The deal is still subject to shareholders and regulatory approvals, although they are expected to be administrative in nature.


The DAP would like to state that it strongly objects to EPF owning and managing a commercial bank. Such an exercise deviates significantly from EPF's charter of being a “fund manager”, and becoming instead, an “owner manager”. The acquisition brings about very significant risks to the security of the hard-earning savings by Malaysians for their retirement.


No Expertise


EPF has neither experience nor expertise in owning or managing a commercial bank. While the other competing offers originates from existing banking institutions seeking to enhance and optimise their current branch network to enjoy economies of scale, the EPF will enjoy no such benefit from acquiring RHB at premium prices.


Both owning and managing a commercial bank are complex tasks requiring competent and experienced professionals. It wasn't too long ago in 1999, one of Malaysia's leading conglomerate, Sime Darby Bhd was left red-faced as they were forced to sell Sime Bank, which they took over a mere 4 years earlier. Sime Bank was left with nearly US$500 million of non-performing loans during the Asian financial crisis.


Sime Darby's acquisition of Sime Bank, formerly known as UMBC Bank, is a clear example of the risk in owning and managing a bank without the necessary expertise and experience. Prior to disposing of the Bank in 1999, Sime Darby Bhd recorded losses of RM541 million in 1998.


Disproportionate Amount of Risks to EPF Contributors


Based on EPF's 2005 Annual Report, out of its total fund size of RM260 billion, 19.1% or RM49.6 billion was allocated to Equity investment. Hence EPF's RM9 billion RHB acquisition venture represents more than 18% of its total equity investments, without even taking into accounts its existing investment in RHB. Such disproportionate amount of investment in a single stock clearly represents poor portfolio allocation and diversification. The EPF has put at risk our workers' funds by 'betting' heavily on a single large investment.


In addition, the total risk of the bank is 12.5 times its equity value based on a minimum capital-assets adequacy ratio of 8% in Malaysia. This means that in the event of a crisis, for every ringgit investment, up to RM11.50 may be required to bail out the bank and keep it afloat. Will EPF, acting as the owner of the bank, be committed to pump in additional monies from EPF to “rescue” the Bank in the event of another financial or banking crisis?
15/08/2019 10:04 PM
Choongling Point is EPF is capable and responsible to pump in, if other banks. Most probably just bankrupt and under receivership.
16/08/2019 1:19 PM
DoggieInvestor then you have to understand why global investors give a premium valuation to banks like public bank, CIMB and Maybank but a 20-30% discount to RHB. In bank investing, when investors place a discount on a bank valuation, the most common reason behind it is the lower quality of its loan book or higher cost of funding.

Go look at how many senior management joined and resigned in the past 1 year. It doesn't sound a value alarm for value investors.
16/08/2019 4:42 PM
Choongling Discounted is good than inflated.
19/08/2019 1:19 PM


342  329  500  783 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 IMPIANA 0.03+0.005 
 SAPNRG 0.28+0.01 
 BARAKAH 0.035-0.01 
 GPACKET-WB 0.170.00 
 VSOLAR 0.150.00 
 DAYA 0.01-0.005 
 ICON 0.055-0.03 
 HSI-H6P 0.165-0.015 
 NAIM 1.06-0.10 
 BJLAND 0.21-0.015 
Partners & Brokers