Posted by mancingbursa > 2018-01-10 15:39 | Report Abuse

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MyStock118
Wall Street hits new record at open on healthcare, bank gains
http://www.mystock118.com/?p=233668

Posted by Hoe Weng > 2018-01-12 23:40 | Report Abuse

RHB closed with an abandoned baby in an uptrend. Next monday likely to open lower. MACD indicates uptrend, MFI and RSI was showing strong buy. Immediate support at RM5.12, if can stable above RM5.12. Next week likely to test RM5.29 and above.

Posted by superbull11 > 2018-01-13 14:58 | Report Abuse

Mubadala is said to mull options for US$920m RHB stake
KUALA LUMPUR (Jan 12): Abu Dhabi sovereign fund Mubadala Investment Co is exploring options for its stake in RHB Bank Bhd, Malaysia’s fourth-biggest lender, including a possible sale, people with knowledge of the matter said.

Mubadala has held informal discussions with potential advisers to seek suggestions on its 17.8% holding in RHB Bank, according to the people. The fund sees its RHB Bank holding as non-core and is considering options for the stake as part of a broader review of its portfolio, one of the people said, asking not to be identified because the information is private. Mubadala’s stake is worth about RM3.66 billion (US$920 million) based on Thursday’s closing price.

The Abu Dhabi fund’s Aabar Investments PJS unit is the second-biggest shareholder in RHB Bank, according to data compiled by Bloomberg. It trails only Employees Provident Fund, Malaysia’s biggest pension fund, which owns 40.7%. Deliberations are at an early stage, and there’s no certainty they will lead to a transaction, the people said.

“They would definitely be a willing seller since the stake is considered non-core,” Geoffrey Ng, a Kuala Lumpur-based director at Fortress Capital Asset Management Sdn Bhd, said by phone Friday. “They have been wanting to sell the stake for some time.”

Mubadala, whose portfolio is valued at about US$127 billion, inherited the RHB Bank investment through a combination with fellow sovereign fund International Petroleum Investment Co that was finalized last year. It has been reviewing some of the assets it gained through that merger, people familiar with the matter said in November. Mubadala has been working with consulting firm A.T. Kearney Inc on options including asset sales and mergers within the portfolio, the people said at the time.

Legacy Investment

The fund is regularly reviewing its portfolio for opportunities “that make sense for the best financial outcome,” a spokesman for Mubadala said. A representative for RHB Bank said she couldn’t immediately comment.

A deal could mark an end to a near decade-long investment in RHB Bank from the oil-rich Gulf emirate. Government-owned Abu Dhabi Commercial Bank PJSC first bought into a precursor of RHB Bank in 2008. It sold those shares to IPIC’s Aabar Investments arm in 2011.

“Mubadala could potentially opt to sell given that this is a legacy investment from its merger with IPIC,” Danny Wong, chief executive officer at Areca Capital Sdn Bhd in Kuala Lumpur, said by phone Friday. “Their entry price is quite high — it’s hard to say whether they will cut their losses.”

Abu Dhabi first announced plans in 2016 to combine Mubadala and IPIC as part of the country’s investment strategy to weather a slump in oil prices. The merged entity ranks as the world’s 14th-largest fund, according to the Sovereign Wealth Fund Institute.

Posted by superbull11 > 2018-01-13 14:59 | Report Abuse

RHB share price short term was bullish , T.p 5.80 in short term

Posted by Lau Choong Ling > 2018-01-14 13:41 | Report Abuse

Who will be buyers for 17%stake ????

Posted by Lau Choong Ling > 2018-01-14 22:49 | Report Abuse

For Aabar 17%

Posted by paulthesotong > 2018-01-15 06:24 | Report Abuse

Yeah sell to OSK ..He luvs the Bank so much he never sell its 10% Stake...

Posted by Lau Choong Ling > 2018-01-15 19:44 | Report Abuse

Hope somebody buy it soon.

Posted by Lau Choong Ling > 2018-01-15 19:52 | Report Abuse

Ambank VSS recently ?? No wonder merger was called off. Nobody wanted to be blame for VSS if merged. Waiting for new buyer or merger now.

Posted by Michael Wong Yew Kong > 2018-01-17 14:56 | Report Abuse

Ride the rally

Posted by prudentinvestor > 2018-01-17 15:10 | Report Abuse

Oil price been been on uptrend for the past few months. RHB's bottomline should improve markedly.

Posted by destiney > 2018-01-17 16:13 | Report Abuse

https://www.bloomberg.com/news/articles/2018-01-12/abu-dhabi-fund-said-to-weigh-options-for-920-million-rhb-stake

Posted by prudentinvestor > 2018-01-17 16:30 | Report Abuse

There could be substantial write backs for the quarter ending 31/12/17 and subsequent quarters if oil price keeps going up.

Posted by newbie5354 > 2018-01-19 10:14 | Report Abuse

If I shareholder will you take care me or HRC shareholders? Can give MSS like Ambank?

Posted by Michael Wong Yew Kong > 2018-01-19 16:32 | Report Abuse

Ride the Rally.

Posted by Lau Choong Ling > 2018-01-19 22:52 | Report Abuse

Just wonder if the VSS ,affected the AMMB,RHB Merger recently.

Posted by Lau Choong Ling > 2018-01-21 13:26 | Report Abuse

It is industry wide practise,no choice

Posted by pakatan_harapan2 > 2018-01-22 11:54 | Report Abuse

HRC shareholders want to bring RHB down. What can you all do?

Posted by Lau Choong Ling > 2018-01-22 14:36 | Report Abuse

HRC is ??

Posted by Lau Choong Ling > 2018-01-22 14:36 | Report Abuse

I buy until is CTT

Posted by Lau Choong Ling > 2018-01-22 14:37 | Report Abuse

It's divident, don't feel good

Posted by curious2 > 2018-01-22 14:59 | Report Abuse

HRC is Hengyuan i3 no 1 stocks.

Lau Choong Ling HRC is ??
22/01/2018 14:36

Posted by Lau Choong Ling > 2018-01-23 00:41 | Report Abuse

Why bring it down???

Posted by Lau Choong Ling > 2018-01-23 00:42 | Report Abuse

To takeover????

Posted by Lau Choong Ling > 2018-01-23 00:45 | Report Abuse

HRC if can hold 5 years, I will buy #1 in list

Posted by superbull11 > 2018-01-24 13:45 | Report Abuse

RHB Bank are in ready mode to shoot up , if announed from Bank Negara , interest rates increase by 0.25 percent , short term T.P 5.80

Posted by pretty_life > 2018-01-24 14:05 | Report Abuse

Superbull C 2 very good ....expired on 28/2

Posted by superbull11 > 2018-01-24 20:12 | Report Abuse

pretty_life , C2 today i q BUY 2 sen whole day , nobody want give me , never mind , if ready interest rate hike , i will jump in BUY seller price , CIMB and KAF target price is RM 6 , ABMB and RHB Bank will be top and second biggest beneficiary from potential rate hike

Posted by wiki123 > 2018-01-25 11:40 | Report Abuse

superbull, what time Bank negara announcement usually?

Posted by superbull11 > 2018-01-25 12:03 | Report Abuse

wiki123 , not sure , i q whole morning C2 with 2 sen, nobody want give me , i sudah geram , now i q 2.5 sen Buy only ,they only give me

Posted by Zenithopia > 2018-01-25 12:04 | Report Abuse

Bro superbull i got c2 too. Let's wait and harvest.

Posted by pretty_life > 2018-01-25 12:04 | Report Abuse

Superbull I still waiting rhb C2

Posted by superbull11 > 2018-01-26 12:41 | Report Abuse

pretty_life , u got C2 with 2.5 sen ? look like C2 need sell at 4 sen to 5 sen , if RHBbank can touch 5.60 next week , bank stock move up slow , it index link counter

Posted by pretty_life > 2018-01-26 12:48 | Report Abuse

No yet get.. cause abit slow... I at ambank c1

Posted by pretty_life > 2018-01-26 13:02 | Report Abuse

Yup..now all slow down already...hard to pray for them push high

Posted by Lau Choong Ling > 2018-01-26 14:43 | Report Abuse

Where is CTS??????????

Posted by prudentinvestor > 2018-01-27 14:53 | Report Abuse

RHB Bank should continue to rise on Monday. Should easily touch RM6 by CNY.

Posted by ahpeng95 > 2018-01-28 02:57 | Report Abuse

https://klse.i3investor.com/blogs/RoadtoSuccess3/145616.jsp

Posted by Elly > 2018-01-29 08:43 | Report Abuse

superbull,the c2 expiry date is 28/2/2018,stil can hold by cny?

Posted by wiki123 > 2018-01-29 09:33 | Report Abuse

re: superbull, roger, still keeping c2 :)

Posted by Elly > 2018-01-29 09:38 | Report Abuse

ok,TQ Superbull

Posted by wiki123 > 2018-01-29 14:32 | Report Abuse

after 2.30 open, seems like RHB quite active... maybe pple buying laggards after news of PBBank, Maybank all time high...

Posted by masterus > 2018-01-29 14:33 | Report Abuse

London biscuit

Posted by Jun Yi Lim > 2018-01-30 19:03 | Report Abuse

I just join the party today, collected at low, can't wait for rm 5.8

Posted by mancingbursa > 2018-01-30 23:12 | Report Abuse

@Jun Yi Lim Welcome on board. Im still waiting hunt for

Posted by Jun Yi Lim > 2018-01-31 08:46 | Report Abuse

You all think RHB possible to hit rm5.8 before CNY?

Posted by Lau Choong Ling > 2018-01-31 22:10 | Report Abuse

1 minute no use

Posted by prudentinvestor > 2018-02-02 16:02 | Report Abuse

Some investors are buying into this counter.

Posted by wiki123 > 2018-02-02 17:05 | Report Abuse

re: superbull, this counter is this month show... on candle, it opens above last month candle... opens 5.58 vs 5.57 of Jan high... indication of bullish month ahead... lol

Posted by Jun Yi Lim > 2018-02-02 20:01 | Report Abuse

Good technical, slowly move up and following uptrend, but becareful for breaking resistance, once broke sell