Since the warrant is free, I am happy if it can go up to 10 sen.

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

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

Genting is neither a pretty good company nor is it doomed. At below RM4.50, I think it is worth taking some risk.

Ten years ago, Keck Seng had 9161 shareholders while those holding more than 100,000 shares held some 78.5% of its shareholdings. 5 years ago, the number of shareholders had decreased to 8032 while those holding more than 100,000 shares had increased their control of the company to 80.7%. Last year, its total shareholders further decreased to 6739 while those holding over 100,000 shares had increased their stakes to 83.1%.

I have queued to buy at 12.5 sen for a few days but without success.

Investors buy a counter for various reasons. Keck Seng investors are eyeing its grossly undervalue assets, the vast majority of which have not been revalued since the early 80s.

@Ontime, if he was an oracle, then every investor should sell Genting now. I think he is just a naysayer.

I expect it to drop towards RM1.20 or even lower after ex dividend if its first quarter results are not as expected.

Buy Keck Seng, it will hit RM40 later!

No big fish around lately, volume still very low and price not moving up.

Persistent selling by EPF drove Tenaga's share price to dip below RM8 in early July 2022. Now aggressive buying by EPF since August last year is pushing up its share price to almost RM12.

i3gambler, with DRP, RHB Bank's total dividend payable this round would be reduced by RM430 million, assuming the take up rate was 100%. It would need to issue an additional 88 million shares to its shareholders but it has an additional RM430 million to spare which it can loan out to earn interest. Maybank has 13 billion shares on issue and Public Bank has almost 20 billion shares compared to RHB's 4.3 billion.
Suppose my total dividend this round was RM10,000. I would be allocated 4,000/4.88 or 833 additional new shares which I can dispose of now at RM5.50 a share for a total of RM4,581.5. With DRP, I have extra RM581.5 or 5.815% extra.

"Look at past records, RHB DRIP take-up rate were around 85%,
Logically, the DY = (0.15+0.15+0.10*(15%) ) / 5.50 = 5.72%."
@i3gambler, someone who has bought RHB Bank at RM5.50 a share and did not take up the DRP shares allocated to him would have received total dividend amounting to RM400 a year. His dividend yield is 7.27%. Your argument is specious. I subscribed for all the DRP shares offered to me and I gain an extra couple of hundred Ringgit. I also bought my RHB Bank shares at an average price of about RM5.50. My dividend yield is therefore slightly higher than 7.27%.

RM1.40 resistance should be broken soon.

It has stayed at below 20 sen for around 6 years already. NTA is 38 sen a share. Time is ripe for it to move up and back to above 20 sen again.

Strong volume is normally associated with sharp price rise but we have seen strong volumes on quite a number of occasions without noticeable price increases over the past few months. Maybe the big boys haven't accumulated enough. Be patient, haha.

China's economy is about as big as the US's economy. Seizing China's foreign exchange reserves will also hurt the US badly as China has the ability to fight back on many fronts. Mindful of this eventuality, China has already reduced its US dollar holdings by about $400 billion over the past 6 to 7 years and increased its holdings in gold and other currencies. Anyway, there is absolutely no reason for the US to do such thing even if China were to attack Taiwan one day because it is basically an internal affair.

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

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

@i3gambler, you must have failed your SPM mathematics badly. After being allocated drp shares, you also choose to sell those shares. Suppose the amount of dividend that you can use to subscribe for drp share is RM4880, you would be allocated 1000 new RHB Bank shares which are worth RM5510 today. Can you re calculate RHB Bank's dividend yield?

@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?

Tenaga's unprecedented rise of around 30% since the beginning of August last year has been largely due to EPF's relentless buying. EPF's holdings in Tenaga has increased by 200,000,000 shares over this period, from about 855 million shares to over 1.065 billion. Any one knows why EPF is buying so aggressively?

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

No clear laws in the country to look after the interests of small investors, so major shareholders just use the loopholes to take advantage of small investors. Should they want to take the company private, maybe they would just offer something slightly better than the prevailing market price instead of taking into account the company's actual worth.

Net cash per share is over RM1.80 but small investors are so frustrated with the management that they are willing to sell at below RM1.20 a share.

@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.

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

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%.

It will fly only when a new management takes over, unrelated to the Ho family.

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.

@speakup, I have become slightly smarter after learning the hard ways over the years but the smartest person here is undoubtedly stkoay. 🤣🤣

Below RM9.20 looks attractive, below RM9.00 no need to hesitate.

Bukan main contra, ada saham jual, kalau jatuh teruk beli balik.

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

I also sold some of my Maybank holdings. At this time of uncertainty in the Middle East, a bird in hand is worth several in the bush. Also, high interest rates in the US may stay much longer than expected.

Judging from past records, CSC Steel should announce the timelines next week for its final dividend payment amounting to 9.4 sen a share. This should support its share price.

"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.

"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.

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

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.

Israel can count on US help, even direct military involvement. Iran has to be on its own.

Market is very volatile right now. This morning Dow Futures nose dived almost 500 points and Nikkei 225 by over 1,400 points at one point because of fear of war between Iran and Israel. Trade cautiously mates.

Those who didn't buy Genting when it dipped below RM3 in 2020 might have the opportunity this time. 有危机才有机会。

The risk of war between Iran and Israel has never been this high before. Dow Futures are down about 450 points and Nikkei 225 is down over 1,300 points. South Korea and Taiwan are down over 3%. I suppose many investors are now seeking refuge in Maybank.

Many people already know that Keck Seng has a lot of valuable land in JB but are unwilling to invest in the company because of its management.

Buy bank counters if you want to sleep well.

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.

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

Disposed of some early this morning. Would buy back after a 30 to 40 sen drop. A 1k gain is good enough.