Posted by Lau Choong Ling > 2020-09-14 03:42 | Report Abuse

RHB INVESTMENT BANK BERHAD ("RHB INVESTMENT BANK"), A WHOLLY-OWNED SUBSIDIARY OF RHB BANK, OF ITS ENTIRE EQUITY INTEREST IN RHB SECURITIES SINGAPORE PTE LTD ("RHB SECURITIES SINGAPORE") ("DISPOSAL"), should the disposal come with a dividend too ?? Is it expecting ??

Posted by TerrenceLim > 2020-09-14 12:46 | Report Abuse

Paying special D soom

Posted by Choongling > 2020-09-15 17:16 | Report Abuse

Hopefully

Posted by Abdulhamide > 2020-09-17 08:49 | Report Abuse

QR will be above expectation i have friends telling me hence the dividend

Posted by Victor Yong > 2020-09-17 13:50 | Report Abuse

Some RHB services including cash withdrawal suffer disruption
By New Straits Times - September 16, 2020 @ 8:30pm



KUALA LUMPUR: If you're an RHB customer and tried to make payment using your debit card and found your card declined, you're not alone.

It appears that RHB Bank is suffering a disruption with some of its services including cash withdrawal at both RHB automated teller machines (ATM) and interbank ATMs.

Customers have taken to social media to voice their complaints as RHB group issued a brief statement on their Facebook an Twitter pages informing of the issue.

"We'd like to inform our systems are undergoing service disruptions and the RHB Mobile Banking app, RHB Now Online Banking and RHB Reflex platforms are currently unavailable. We regret any inconvenience caused and will share updates once the systems are back up," the statement read.

Posted by Freemoney3 > 2020-09-23 08:31 | Report Abuse

Paying dividend

Posted by tkl88 > 2020-09-23 13:09 | Report Abuse

Latest news: Anwar Ibrahim confirm he has strong convincing formidable number to take back ruling party...

Posted by tkl88 > 2020-09-23 13:11 | Report Abuse

Possible of annoucement of General Election @2.30pm ...

Posted by farid47 > 2020-09-24 10:45 | Report Abuse

Rakesh Kaul, RHB Bank Bhd head of group head retail banking and asset management, concurred that businesses are picking up.He observed the trend that SMEs are seeking assistance beyond financing and these include digitisation efforts and building their ecosystems to improve their businesses.Commenting on asset quality post-moratorium, Rakesh said the banking industry is anticipating some stress post-loan moratorium and banks have taken prudent measures with regard to this.There will be some asset quality deterioration. We think it will normalise and in the next three to six months it will go back to pre-Covid-level numbers," he added.On borrowers coming forward for further financial assistance, Fuda shared that industry data show 99% of SMEs and 98% of retail customers have been approved.The rejection rate is extremely low. We are not making the process difficult," he noted.

Posted by tkl88 > 2020-09-27 11:40 | Report Abuse

Good news, perikatan nasional has won the Sabah election by 38 seats out of 73 seats !
So that our politic will be stable for another 3 years till 2023 election !
It’s good for our economy, like that next week KLSE will be spike up like mad already !

Posted by tkl88 > 2020-09-29 00:09 | Report Abuse

Wow, Dow Jones spike up to sky high !
As at 11.53pm,
Dow Jones at=> 27,665.15 (+491.19) (+1.81 %) !

Posted by DreamCustodian > 2020-09-29 00:10 | Report Abuse

Down 1.52%

Posted by DreamCustodian > 2020-09-29 00:11 | Report Abuse

Sikit saja la

Posted by DreamCustodian > 2020-09-29 00:11 | Report Abuse

No big deal la

Posted by DreamCustodian > 2020-09-29 00:11 | Report Abuse

Mau kasi improve sikit la

Posted by DreamCustodian > 2020-09-29 00:11 | Report Abuse

Good luck

Posted by maimunah > 2020-10-01 11:49 | Report Abuse

Banks have also ensured that acceptance of the targeted extension of the moratorium and repayment flexibilities during this period would not appear in the Central Credit Reference Information System reports of individuals and SMEs.

Posted by maimunah > 2020-10-01 11:49 | Report Abuse

Borrowers/customers who have submitted applications for targeted repayment assistance to date but have yet to receive a response from their banks, can expect to hear from their respective banks very soon

Posted by maimunah > 2020-10-01 11:50 | Report Abuse

The joint statement said banks would like to reassure borrowers/customers that those who have applied for assistance with the relevant documents but have not heard back from their banks will not be penalised.

Posted by TreeTopView > 2020-10-02 12:08 | Report Abuse

Chart technicals are clearly showing oversold....BUT....why am I not convinced this will stay above 4.50?
More short term downside to come?

Posted by TreeTopView > 2020-10-02 14:40 | Report Abuse

And there's the 4.50 break, with a little help from the Trumpster.

Posted by tkl88 > 2020-10-05 12:34 | Report Abuse

Budget 2021 expected to be expansionary Monday, 21 Sep 2020
By DALJIT DHESI
https://www.thestar.com.my/business/business-news/2020/09/21/budget-2021-expected-to-be-expansionary

PETALING JAYA: Budget 2021, which will be tabled in November, will be expansionary though narrower than Budget 2020, with economists projecting a budget deficit of 4% to 6% next year.

The government, they said, would need to revitalise the economy with appropriate measures due to the uncertainties arising from the Covid-19 and the weak global economy, which has caused many nations to fall into recession.

The World Bank expects Malaysia’s fiscal deficit to gross domestic product (GDP) to widen to 7% this year, underpinned by increased expenditure and downward pressure on revenue. The government, however, expects the fiscal deficit to be at 5.8% to 6% this year.

Economists expect the government to look into some core areas to ensure Malaysia is on the right track to achieve economic sustainability post-pandemic.

Socio-Economic Research Centre executive director Lee Heng Guie told StarBiz that the federal government is torn between managing a tight fiscal space and keeping the country’s sovereign rating intact.

"In our view, the government should go for another year of fiscal deficit targeted at public spending and programmes as well as the provision of tax incentives and allowances to boost private investment, creating jobs and income.

Posted by tkl88 > 2020-10-05 12:36 | Report Abuse

Yes, pre-budget 2021 bull market is coming !
Budget 2021 will be unveiled on Nov 6 !
So, now onwards Banking theme will be super bullish !

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-10-06 08:15 | Report Abuse

‪Walaoeh ! ‬ Dow Jones continue it’s bull run by‬
‪spike up 400 over points !‬
Dow Jones closed at=> 28,148.64 (+465.83) (+1.68 percent) !

Posted by Choongling > 2020-10-07 17:43 | Report Abuse

Is it suppose to have dividend announcement in Oct ?

Posted by zhen wei & JP > 2020-10-12 20:11 | Report Abuse

We are to leave rhb money market this week.


Zhenwei

Posted by sapiens > 2020-10-13 10:35 | Report Abuse

Just took a look at the financial statements, it is fundamentally sound, whats reassuring is that the counter is underpriced compared to peers even when I adjust my model for an expected -0.25 opr cut.

Posted by supersinginvestor > 2020-10-16 11:48 | Report Abuse

Stupid bank sell buy back at rm3

Posted by supersinginvestor > 2020-10-16 11:48 | Report Abuse

Sell rhbbank going down

Posted by gohku > 2020-10-16 12:00 | Report Abuse

Should buy Rhb bank this is a good investment.

Posted by supersinginvestor > 2020-10-16 12:55 | Report Abuse

Buy later downtrend...buy at rm3 to rm3.5 only

Posted by Keyman188 > 2020-10-22 11:02 | Report Abuse

What happening for RHB nowaday !!!......

Why Bluechip become RedChip....kekeke......

Why Bluechip become Blue-Shit......kekeke......

Time to wake up lorr....

No more traditional bluechip liao......

No matter local or foreign institutions....all swift their funds to more defensive stocks not affected by pandemic & political uncertainty...


Wake up lorrr............

Posted by Keyman188 > 2020-10-22 11:29 | Report Abuse

别人笑我太疯癫

我笑他人看不出穿


People laugh at me too crazy

I laugh at others can’t see thoroughly



kekeke...kekeke...kekeke...

Posted by liegelord > 2020-10-22 16:02 | Report Abuse

this keeps moving downtrend... why tho?

Posted by supersinginvestor > 2020-10-22 17:26 | Report Abuse

Told u to sell its going down..u no listen to.unker sifu now u see

Posted by Calvin882 > 2020-10-23 17:22 | Report Abuse

This may never go up with such level of political and economic uncertainties.

Posted by masterus > 2020-10-26 09:38 | Report Abuse

As Thailand’s protests snowball, rattled royalists would rather blame a hidden foreign hand than look inward

Posted by xing > 2020-10-28 11:34 | Report Abuse

further rate cuts might not boost investment activity at this time but a lower interest rate would help to lower financing costs and provide a bit more cash buffer for households.The bank said another risk to its OPR forecast was concerns over foreign exchange stability.

Posted by shareinvestor88 > 2020-10-31 22:29 | Report Abuse

SELL TP 2

Posted by tkl88 > 2020-11-01 14:27 | Report Abuse

Covid-19: Malaysia reports 659 new cases, 80.3% from Sabah; daily recoveries hit record 1,000

Ahmad Naqib Idris/theedgemarkets.com
October 31, 2020 18:15 pm +08

https://www.theedgemarkets.com/article/covid19-malaysia-reports-659-new-cases-today-803-or-529-sabah-recoveries-hit-new-daily-high

KUALA LUMPUR (Oct 31): Malaysia reported 659 new Covid-19 infections today, 80.3% or 529 of which came from the worst-hit state of Sabah, while the Klang Valley contributed 10.6% or 70 cases. This raised the country's cumulative positive cases to 31,548, according to the Ministry of Health (MoH).
The number of recoveries hit 1,000 today — the country's highest so far in a day — as recoveries exceeded new infections for the second day in the past four days; on Thursday, recoveries came in at 685 versus 649 new infections.
This means a total of 21,248 patients have recovered so far, yielding a recovery rate of 67.4% of total confirmed cases.
As for active cases, which carry transmission risk, the tally is now down to 10,051 from 10,392 yesterday.
The death toll, meanwhile, remained at 249 or 0.8% of total infections, with no new additions.
No new infection clusters were reported today, according to the MoH. This means the number of active clusters remains at 33, while 114 clusters have ended.
In Sabah, 205 cases originated from existing clusters, while 203 cases were discovered via contact tracing and 121 infections were discovered from other Covid-19 screening tests.

Selangor saw 55 new cases, 18 of which came from existing clusters, followed by 22 from contact tracing, and 15 from other Covid-19 tests.
Labuan and Kuala Lumpur saw 12 and 11 cases respectively, followed by Sarawak (nine cases), Perak (six), Putrajaya (four), Kedah (two), Pulau Pinang (two), Terengganu (two), Pahang (one) and Kelantan (one).
Meanwhile, 137 cases or 20.8% of total infections today were linked to the prison clusters and temporary detention centres, namely the Kepayan cluster (26 cases) and the Rumah Merah cluster (111 cases).
Of the 659 cases reported today, one was an imported infection involving a foreigner who travelled from Bangladesh.

Declining R0
During the question and answer (Q&A) session today, MoH director-general Tan Sri Dr Noor Hisham Abdullah said Malaysia's R0, which measures the contagiousness of the virus, was brought down to 1.5 last week — from 2.2 at the start of the third wave of infections. A higher R0 translates into a higher rate of infection in the community.
For comparison, the second wave had an R0 rate of 3.55.
“Based on the projection for R0 of 1.5, daily new cases should be 1,357. If the R0 is 1.0, it should be 950 cases per day. However, we have been seeing daily cases of below 950 — at 799 yesterday and 659 today. So our R0 is currently below 1.0.
“This means that the measures that have been enforced under the CMCO (conditional movement control order) for the past two weeks — that is, by allowing economic sectors to operate while toning down social, education and sports activities — have resulted in a lower rate of infection,” he added.
Tan Choe Choe

Posted by tkl88 > 2020-11-01 14:48 | Report Abuse

Wow, Superb Good news !
Covid-19=>Malaysia’s recovery on track !
Furthermore next week is budget 2021 week and US presidential election will be over next week Wednessday !

Posted by tkl88 > 2020-11-01 14:49 | Report Abuse

So, next week start onwards will be the bull market for world stock markets including Malaysia’s KLSE !

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-11-03 06:29 | Report Abuse

The Dow and S&P 500 zoom higher as Wall Street predicts Joe Biden will win
By Anneken Tappe, CNN Business

Updated 1942 GMT (0342 HKT) November 2, 2020
https://edition.cnn.com/2020/11/02/investing/dow-stock-market-election/index.html

New York (CNN Business)The Dow and S&P 500 were up on Monday, one day before Election Day, when Wall Street expects Joe Biden will win the presidency and Democrats will retake the Senate and maintain control of the House.

Stocks opened sharply higher before encountering some volatility and paring some gains.
The Dow (INDU) was still up 1.4%, or some 360 points, mid-afternoon. At its high point, the index gained more than 500 points. The broader S&P 500 (SPX) was up 0.9%.
Both benchmarks are retracing some of their losses from last week, when they recorded their worst week since March.
Meanwhile, the Nasdaq Composite (COMP) reversed its earlier gains and fell 0.2% in mid-afternoon trade.
Although stocks typically favor Republican policies, investors are eager for more fiscal stimulus, that will buoy an economy headed south once again as coronavirus cases soar. Investors predict a "blue wave" would lift the chances of a comprehensive stimulus deal getting passed in the winter.

Posted by tkl88 > 2020-11-03 06:29 | Report Abuse

A Biden win would also likely mean less news and headline risk for stocks in the term to come, investors believe.
"If the polls are roughly right, Joe Biden is going to win the election comfortably and we will know that before midnight tomorrow," said Andy Laperriere and Don Schneider at Cornerstone Macro.
Even if the polls are wrong, the evidence is still pointing to a Biden victory, they added. Prediction market PredictIt puts a Biden win at 65%.
"We have been emphasizing that the Senate outcome is important for the trajectory of fiscal policy," said Citi economist Andrew Hollenhorst in a note to clients, even though neither party is likely to get a filibuster-proof majority so bipartisan cooperation could still be needed for the next stimulus bill.
"Under any election scenario we expect a $1.5 trillion plus fiscal package, possibly as early as just post-election," Hollenhorst said.
Congress has been stuck on negotiating a second stimulus deal since the summer. Investors have been waiting for results, getting jumpy at any headlines about the progress. What this really tells us is that markets believe the US economy needs more help getting back on track as the effects of the CARES Act are running out.
So far the economy's improvements have been rather uneven. For example, millions of jobs have been added back since the spring lockdown, but the economy is still down more than 10 million jobs from February.
Millions of Americans still need government benefits to make ends meet, and that's bad news because the US economy relies heavily on consumer spending.
Analysts at Goldman Sachs (GS) expect consumer spending to wane in the coming months because of the Covid-19 resurgence is keeping people at home and any new stimulus package will probably take until 2021 to kick in.
And as if this election and its repercussions weren't enough for investors to think about, the week is also filled with important economic reports, including the October jobs report.
On Monday, the Institute for Supply Management reported that America's factories did better than economists had predicted in October. The sector's purchasing managers' index rose to 59.3 points from 55.4 points in September, its highest level since September 2018. Any value over 50 denotes an growth in the sector.

Posted by tkl88 > 2020-11-04 07:11 | Report Abuse

Wow, Dow Jones continue to spike up !
Dow Jones closed at=> 27,480.03 (+554.98) (+2.06 percent) !
World stocks super bull market is coming !

Posted by masterus > 2020-11-04 08:42 | Report Abuse

Prime minister and vice president of the United Arab Emirates and ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, has said he received a coronavirus vaccine shot.

“We wish everyone safety and great health, and we are proud of our teams who have worked relentlessly to make the vaccine available in the UAE,” he wrote on Twitter on Tuesday.

Posted by tkl88 > 2020-11-04 12:29 | Report Abuse

Latest US election update !

Posted by tkl88 > 2020-11-04 12:30 | Report Abuse

As at 12.25pm,
Joe Biden already have 209 votes leading Donald Trump's 118 votes by 91 votes,
Joe Biden just need only another 61 votes then will won the US election !
Huat ah ! Heng ah ! Ong ah !

Posted by yingzhe17 > 2020-11-07 21:44 | Report Abuse

RHBAM wrongly invested majority of their UT funds into MEX II bonds. Now defaulting and trying to play with accounting magic convert into loans. Is this allowable ?

Posted by tkl88 > 2020-11-08 02:09 | Report Abuse

Superb good news !

Biden Wins Presidency, Ending Four Tumultuous Years Under Trump
https://www.google.com.my/amp/s/www.nytimes.com/2020/11/07/us/politics/biden-election.amp.html

By Jonathan Martin and Alexander Burns
* Nov. 7, 2020
Updated 12:48 p.m. ET