RHB BANK BERHAD

KLSE (MYR): RHBBANK (1066)

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Last Price

6.10

Today's Change

-0.08 (1.29%)

Day's Change

6.09 - 6.20

Trading Volume

3,868,900


3 people like this.

3,880 comment(s). Last comment by prudentinvestor 4 hours ago

Posted by Seng Thye Ng > 2017-09-19 10:28 | Report Abuse

Yes...yes......percah 5.10.........long time looking for that leeeeeeeeeeeeeeeeeeeeeeer.....

Posted by prudentinvestor > 2017-09-20 10:51 | Report Abuse

Highest level in almost 3 months. EPF holds over 40% of RHB shares. If it decides to pare down its holdings, the asking price would be at least RM7 to RM8. Be patient.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-09-20 17:22 | Report Abuse

Dun stupid epf epf. Epf give money to invest in US better than invest RHB

Posted by prudentinvestor > 2017-09-21 16:16 | Report Abuse

meistsk3134, if you are unhappy with epf, you can always withdraw all your money (if you are already 55) and keep your money in the bank. You get highest interest don't you?

Posted by Seng Thye Ng > 2017-09-21 16:33 | Report Abuse

yes yes..........finally pecah 5.20..........yummy.....................................
next week will be more more more.....hehehehehhe

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-09-22 07:54 | Report Abuse

Miss ng or mr ng

Posted by Seng Thye Ng > 2017-09-22 10:36 | Report Abuse

np.....anyone you feel ok.......!!!!!!!!!!!!!!!!!!!!

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-09-23 20:03 | Report Abuse

Prudent i no interest on epf interest. If can i also wan to take out all money invest something.yet it compulsory must put money in epf.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-09-23 20:04 | Report Abuse

Interest have no benefit for me. I can slowly generate my income fast by doing small business

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-09-23 20:06 | Report Abuse

Epf use our money invest in other stuff hope can get more money. Just hopefully not stupid listen najib invest useless stuff which make loss. Epf does made loss on counter shell last time

fmbklci

388 posts

Posted by fmbklci > 2017-09-23 20:22 | Report Abuse

time to sell rhbbank

Posted by prudentinvestor > 2017-09-23 23:26 | Report Abuse

meistsk3134, there is no guarantee that every small business can be profitable. Upon reaching the age of 55, most people still keep their with the EPF.

Posted by prudentinvestor > 2017-09-23 23:28 | Report Abuse

Not time to sell RHBBank yet. More upside ahead. Consider selling only after it has gone up another 5% or so.

fmbklci

388 posts

Posted by fmbklci > 2017-09-24 12:39 | Report Abuse

sell this and buy cimb

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-09-25 07:05 | Report Abuse

Cimb tp9?

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-09-25 07:07 | Report Abuse

Prudent. Majority still keep money in epf and use interest money. Minority who good in invest already take out money. Even old pension banker also take out and invest something.

fmbklci

388 posts

Posted by fmbklci > 2017-09-25 09:32 | Report Abuse

rm7

fmbklci

388 posts

Posted by fmbklci > 2017-09-26 21:45 | Report Abuse

@prudentinvestor, please read the news. mufj already sold it and it's not through open market

fmbklci

388 posts

Posted by fmbklci > 2017-09-28 18:09 | Report Abuse

told u guys to sell. can buy back later. prudentinvestor still say can up 5 more percent from 5.28

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-09-28 19:51 | Report Abuse

In future rhb ambank bimb worth rm4.00 only. Omg

Posted by prudentinvestor > 2017-10-04 17:32 | Report Abuse

@fmbklci, surely RHB can go up another 5% from 5.28, ie to around 5.60, just give it another few more weeks. Composite Index component stocks are trading at an average PE of 16.4, RHB is trading at a prospective PE of just 10. Bank stocks should never trade at such a low PE.

fmbklci

388 posts

Posted by fmbklci > 2017-10-06 22:08 | Report Abuse

dont think so can reach 5.6 within few weeks unless big funds come and keep buying no matter what the price is

Myway

84 posts

Posted by Myway > 2017-10-07 05:00 | Report Abuse

at $5.60, RHB Bank is only 1X P/Book. Seem very cheap.

masterus

3,593 posts

Posted by masterus > 2017-10-07 08:53 | Report Abuse

Malaysia's August export growth at 21.5 pct y/y, above f'cast
Reuters Staff
* August exports +21.5 pct y/y vs Reuters poll +19.2 pct
* August imports +22.6 pct y/y vs poll forecast +21.0 pct
* Trade surplus 9.9 bln rgt vs poll forecast of 9.6 bln rgt
* Exports to China +21.2 pct y/y, U.S. +14.5 pct, EU +21.6 pct

KUALA LUMPUR, Oct 6 (Reuters) - Malaysia's exports in August grew to 21.5
percent from a year earlier, beating expectations on the back of manufacturing
sector and liquefied natural gas (LNG) exports, but were slower than the
previous month.
The export growth exceeded the 19.2 percent forecast by a Reuters poll but
was down from July's 30.9 percent growth.
The upward trend of manufactured goods exports continued in August with an
expansion of 22.3 percent year-on-year. Growth was also driven by increased
exports of liquefied natural gas (LNG), government data showed on Friday.
Exports of mining goods grew 38.8 percent, accounting for 8.4 percent of
Malaysia's total exports, the data showed.
August imports grew 22.6 percent from a year earlier to 72.4 billion
ringgit, up from the 21.8 percent growth in July and the 21.0 percent growth
projected in the poll.
The trade surplus in August widened to 9.9 billion ringgit ($2.3
billion)from July's 8.0 billion ringgit.
Malaysia reports trade data in ringgit. The currency has been one of
Asia's best-performing ones this year, strengthening about 6 percent this year.
Exports to China remained robust, rising 21.2 percent from a year earlier,
while those to the European Union grew 21.6 percent.
Shipments to the United States rose 14.5 percent.

Posted by Lau Choong Ling > 2017-10-13 13:26 | Report Abuse

Anybody monitor EPF interest how many %. Can you check it when you 55??

Posted by Lau Choong Ling > 2017-10-13 13:28 | Report Abuse

I worry might not be paying at it say 8% or 6% per annum, etc. Just say unless you calculate yearly.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-10-16 13:51 | Report Abuse

Earning much but why

Posted by charliecharlie > 2017-10-19 15:58 | Report Abuse

touched below 5

Posted by Lau Choong Ling > 2017-10-21 01:05 | Report Abuse

Dividend not much.

masterus

3,593 posts

Posted by masterus > 2017-10-25 14:14 | Report Abuse

Spotlight: Cambodia's central bank encouraging use of Chinese yuan
Source: Xinhua| 2017-10-25 01:51:13|

PHNOM PENH, Oct. 24 (Xinhua) -- The National Bank of Cambodia (NBC), the country's central bank, has been encouraging businesses and individuals to use renminbi (RMB), or the Chinese yuan, in order to further increase trade and investment volumes between the two countries, officials said on Tuesday.
Seventeen out of 54 banks in the country currently transacted in yuan, and four of them, Bank of China Phnom Penh Branch, Industrial and Commercial Bank of China (ICBC) Phnom Penh Branch, Canadia Bank, and First Commercial Bank, received deposits in yuan, said NBC's deputy governor Neav Chanthana.
"The use of yuan will provide a lot of advantages to Cambodia, especially in attracting more Chinese investors and tourists," she said during a conference here on the Belt and Road Initiative, which was themed Promotion of the Use of RMB and KHR (Cambodian currency riel) in Cross-Border Trade and Investment.
The half-day conference brought together about 200 representatives of banks, financial institutions and companies in Cambodia.
Chanthana said more banks in Cambodia are willing to accept RMB for cross-border settlements.
"The promotion of RMB and KHR is in line with the Cambodian government's policy to support the Belt and Road Initiative," the deputy governor said. "It will increase China and Cambodia's economic and financial linkages."
She added that the Cambodian government has also allowed Chinese tourists to use RMB.
NBC's director-general Chea Serey said the conference was aimed at encouraging companies to settle their business transactions in yuan.
"We want Cambodian and Chinese traders to settle their business transactions in either yuan or riel," she told reporters on the sidelines of the conference. "By doing so, we can reduce or eliminate exchange rate risks for traders."
Pan Hongsheng, deputy secretary-general of the People's Bank of China's Monetary Policy Committee, said, "The status of China as a major trading and investment country and the Belt and Road Initiative will bring broad space and development potential for RMB internationalization."
He added that RMB settlements for overseas financial institutions and enterprises would eliminate exchange rate risks and promote trade and investment ties with China.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-10-27 13:23 | Report Abuse

Bla x3 ambank mah

Posted by Lau Choong Ling > 2017-11-08 18:51 | Report Abuse

Very good counter. Not moving good

Posted by Supertonic000 > 2017-11-08 21:09 | Report Abuse

Agree,a good counter...

Posted by tradminator > 2017-11-09 10:32 | Report Abuse

picked at 4.90 bank pe below 10!!! y dun pick?

khwong2028

121 posts

Posted by khwong2028 > 2017-11-10 16:31 | Report Abuse

i am out of here . buy cryptocurrency better than staying here . lets go for luno

Posted by Lau Choong Ling > 2017-11-11 00:11 | Report Abuse

Good luck

pilato

236 posts

Posted by pilato > 2017-11-13 17:03 | Report Abuse

closed 4.83..why down?

phooiyi

22 posts

Posted by phooiyi > 2017-11-14 16:26 | Report Abuse

why keep dropping???is it still worth to keep???

Posted by Michael Wong Yew Kong > 2017-11-15 15:58 | Report Abuse

Slow accumulate, step by step.

Posted by Michael Wong Yew Kong > 2017-11-15 16:29 | Report Abuse

Cheap sales.

phooiyi

22 posts

Posted by phooiyi > 2017-11-15 16:36 | Report Abuse

today drop also...

Posted by Michael Wong Yew Kong > 2017-11-16 09:53 | Report Abuse

So cheap also nobody want to buy. When foreign start buying only the local start to jump in.

Posted by Michael Wong Yew Kong > 2017-11-16 09:54 | Report Abuse

Buy and keep, RHB will reward you handsomely.

phooiyi

22 posts

Posted by phooiyi > 2017-11-16 11:07 | Report Abuse

o..what is the reason for foreign investor to buy RHB shares????

pilato

236 posts

Posted by pilato > 2017-11-16 11:21 | Report Abuse

drop n drop again lol

Posted by Michael Wong Yew Kong > 2017-11-16 12:00 | Report Abuse

Thats good let it drop further can collect cheaply.
The reason foreign fund buying to make money lor.

Posted by Michael Wong Yew Kong > 2017-11-16 12:04 | Report Abuse

TAKE alook at cimb. January 2017 share price at Rm4.7 now is RM6. Who is buying.??
The moral of the story is when the price is low most of the retailer investor is scare when price start to rise only rush in to buy.

phooiyi

22 posts

Posted by phooiyi > 2017-11-16 12:09 | Report Abuse

cause i thought now the world is like more focus on the bitcoin???

phooiyi

22 posts

Posted by phooiyi > 2017-11-16 12:11 | Report Abuse

will there be a significant cycle of this sudden up and down market value..in this banking industries???

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