Posted by pang72 > 2 months ago | Report Abuse

The only 6% dividend yield bank below $10

Posted by prudentinvestor > 2 months ago | Report Abuse

HLIB has lifted its net profit estimates for RHB Bank by 4%-5% or around 3sen a share for the financial year ending Dec 31, 2024. This means it's EPS would come in at around 70sen a share. Assuming a conservative PE of 10, this would mean RHB is worth at least RM7 a share.

Posted by pang72 > 2 months ago | Report Abuse

Rhb is cheapest bank...
70c eps is amazing

Posted by prudentinvestor > 2 months ago | Report Abuse

Should be trading at above RM7 a share instead of below RM6.50. Hopefully this is achievable after the release of its third quarter financial results.

Posted by prudentinvestor > 2 months ago | Report Abuse

Since climbing above RM6 a share two months ago, it has not dropped before RM6 again. Good chance that its share price could scale higher.

Posted by pang72 > 2 months ago | Report Abuse

Under new president Trump must hide inside dividend stock

Posted by prudentinvestor > 2 months ago | Report Abuse

Banks should do well this year. DBS bank has turned in a record third quarter profit, with an eps of SGD0.98 despite a 1 for 10 bonus issue earlier this year.

Posted by Bursino > 2 months ago | Report Abuse

Sell RHB to add AmBank. AmBank traditionally announce dividend with Q3 results. any upwards gain in price from both of them is likely to be at par. 🤔

Posted by prudentinvestor > 2 months ago | Report Abuse

Only 6sen a share for the past two years. RHB Bank's yield is still much better though AmBank has a lower PE. It is OK if there is no brokerage. I would commit fresh capital rather than sell my RHB in exchange for another bank counter.😲😲😲

Posted by Bursino > 2 months ago | Report Abuse

Sensible. Thanks.

Posted by pang72 > 2 months ago | Report Abuse

Yes! Agreed.

Posted by prudentinvestor > 1 month ago | Report Abuse

Creeping up slowly ahead of the announcement of its latest quarterly financial results. Perhaps is an indication that it would be better than the previous two quarters. Hope I am right🤣🤣

Posted by prudentinvestor > 1 month ago | Report Abuse

Results are expected to be released next week. Hope it could make above 18sen a share. This may drive its share price towards RM7.

Posted by prudentinvestor > 1 month ago | Report Abuse

At RM6.61 a share, RHB Bank's closing price today is incidentally its highest since late September 2014. Nonetheless, I am still envious of CIMB Bank's performance.

Posted by troy88 > 1 month ago | Report Abuse

Slow coach but at least it's climbing up. Should get to RM7 eventually..

Posted by prudentinvestor > 1 month ago | Report Abuse

Moving towards RM7 and beyond. Third quarterly results expected to be good.

Posted by Bursino > 1 month ago | Report Abuse

@prudentinvestor
Many thanks. I held onto RHB and added some AMMB. Best of both worlds.

Posted by Bursino > 1 month ago | Report Abuse

CIMB EPS 69 sen and trading at PB 1.3x. RHB EPS 61 sen trading at 0.93 PBV. I know it is silly to assume, but hoping RHB to trade at 1.0 PBV isn't asking for too much. 😁

Posted by troy88 > 1 month ago | Report Abuse

Looking good. Still lagging behind CIMB but catching up bit by bit..

Posted by stkoay > 1 month ago | Report Abuse

@prudentinvestor Congratulation !

Posted by prudentinvestor > 1 month ago | Report Abuse

Totally no capital gains in 2021, 22 and 23. Only managed to get some dividends with an average yield of just over 7%. This year isn't too bad. Total gains about 30% since the beginning of the year. Hope it continues to move forward like CIMB Bank.

Posted by stkoay > 1 month ago | Report Abuse

@prudentinvestor got strong hands 👍
...I guess some have already "cabut" 😀

Posted by prudentinvestor > 1 month ago | Report Abuse

@stkoay, you are very humble, your holdings in Maybank are already worth multiple times my total portfolio.

Posted by stkoay > 1 month ago | Report Abuse

No la, I only play play a little on 2...3...banks, hoping to dapat cari makan....nasi lemak and minum teh tarik 😊
...unlike you, who own so many counters.

Posted by stkoay > 1 month ago | Report Abuse

I observed that you do good home work on the stocks you own.
Good job 👍👍👍

Posted by smartly > 1 month ago | Report Abuse

superb result. will surpass RM7 soon.

Posted by skybursa > 1 month ago | Report Abuse

GOOD GOOD GOOD

Posted by prudentinvestor > 1 month ago | Report Abuse

I was only hoping for an EPS of not less than 18. Looks like full year earnings would exceed 70sen a share. RM7 a share definitely not far away.

Posted by Yt Chong > 1 month ago | Report Abuse

keep collect, for high dividend

Posted by troy88 > 1 month ago | Report Abuse

Well done!

Posted by terribleinvestor > 1 month ago | Report Abuse

made a good decision with this bank instead of Maybank, over 22% return so far this year

Posted by prudentinvestor > 1 month ago | Report Abuse

Despite announcing a set of impressive third quarter results and buy recommendations from quite a number of IBs, RHB Bank's share price still faced strong selling pressure this morning. Really no logic.

Posted by Tehkim1295 > 1 month ago | Report Abuse

2023A NTA @ 6.4
2024F NTA @ 6.7
2025F NTA @ 6.9

Today MP @ 6.6

Is this a

i) Value trap

or

ii) Value grab?

Posted by prudentinvestor > 1 month ago | Report Abuse

Investors who had sold their RHB shares at above RM6.80 a share last week can buy back now.

Posted by HKHedgeFund > 1 month ago | Report Abuse

FKLI all in and keep long for DEC

Posted by eastern_joy > 1 month ago | Report Abuse

I have some at 5.45, so wait for RM7?

Posted by HKHedgeFund > 1 month ago | Report Abuse

Due to dividend tax over RM100K, now corporate plan to readjustment the share price to market value instead of paying dividend

Posted by prudentinvestor > 1 month ago | Report Abuse

Average EPS over the past three years was about 65sen and dividend was 40sen a share. At RM6.50 a share, it is still trading at a PE of about 10 and a dividend yield of 6.15%. This year's EPS should exceed 70sen, so it is still a good bet at this level.

Posted by stkoay > 1 month ago | Report Abuse

https://www.malaymail.com/news/money/2024/12/09/midf-local-institutions-dominated-bursa-malaysia-with-rm106b-net-buying-surge-last-week/159322

KUALA LUMPUR, Dec 9 — Local institutions continued to be Bursa Malaysia’s primary supporters, with net buying skyrocketing nearly fivefold to RM1.06 billion last week from RM207.7 million recorded in the week before.

Local institutions’ interest focused on Tenaga Nasional, Maybank, CIMB, AMMB, and RHB Bank, which were the top stocks to record weekly net inflows last week.

Posted by prudentinvestor > 3 weeks ago | Report Abuse

As the second most heavily sold down stock by foreign funds so far this year, RHB Bank's share price is still up by almost 20% since the beginning of the year. Not a small achievement.

Posted by turbochart > 3 weeks ago | Report Abuse

Year2026 onward, EPF minimum 390k only can withdraw money. Becareful

Posted by prudentinvestor > 3 weeks ago | Report Abuse

People here withdraw money from the EPF to spend, not to invest in the stock market.

Posted by prudentinvestor > 2 weeks ago | Report Abuse

Wow! Drops below RM6.36 support level but volume extremely low. Maybe would rebound fast.

Posted by dawchok > 2 weeks ago | Report Abuse

Q to buy at 10% below its recent peak.

Posted by dawchok > 2 weeks ago | Report Abuse

MBB: Downgrade RHB to HOLD
RHB’s 9M24 results were within expectations, and our forecasts are maintained. Our MYR6.80 TP is unchanged and is pegged to a CY25E P/BV of 0.9x (COE: 10.5%, g: 4%, ROE: 9.8%). RHB’s share price has performed well, and with limited upside to our TP, we downgrade the stock to HOLD. Dividend yields of c.6% provide support.

Posted by prudentinvestor > 2 weeks ago | Report Abuse

From a high of RM6.83 just over 3 weeks ago to RM6.30 today, that is a heavy fall. Many have been hurt.

Posted by stkoay > 2 weeks ago | Report Abuse

Those who took profit when it was GOOD, can now buy back for a 50 sen profit....7+% in just few weeks.

Posted by prudentinvestor > 2 weeks ago | Report Abuse

Whether it is upgrade, downgrade or hold, I won't be selling at this level. Would wait until the announcement of its full year results and the quantum of final dividend, then only make a decision.

Posted by prudentinvestor > 1 week ago | Report Abuse

RHB Bank closed last year at RM5.45. Even if it closes today at RM6.40, it is still an impressive gain of 95sen a share, excluding the 40sen a share dividend.

Posted by terribleinvestor > 2 days ago | Report Abuse

my cost basis is still RM 5.53. im just waiting for another small pump or rally then will sell half. Worst case, just wait for it to slow climb back up again.