Posted by Riaz1954 > 2020-11-30 13:59 | Report Abuse

Excellent results actually.....deserve higher price rating for sure. NAV 6.80

Posted by Riaz1954 > 2020-11-30 16:19 | Report Abuse

Rerating due! It will take time to filter through the market.

Posted by Choongling > 2020-11-30 18:22 | Report Abuse

https://www.sinchew.com.my/pad/con/content_2385474.html

Posted by Riaz1954 > 2020-12-01 15:00 | Report Abuse

Heading for 6+ period!

Posted by Riaz1954 > 2020-12-02 16:01 | Report Abuse

Vaccine approved for use by U.K. regulators....vaccinations to begin next week...big milestone. Markets will begin to move run to year end and beyond. New highs will be achieved

Posted by fishchu > 2020-12-03 22:18 | Report Abuse

While asset quality has been a concern to the banks given the strong economic headwinds, nonetheless half of the banks have achieved better sequential performance. Some see this as a saving grace that the country’s banking system is resilient, a critical factor that is needed for the domestic economy to bounce back.
Malayan Banking Bhd (Maybank) was the only lender that saw its net profit double or up 107.32% q-o-q in net profit for 3Q20. The banking group also declared an interim dividend of 13.5 sen per share during the quarter.
Other than Maybank, BIMB was the only other bank that declared a dividend of 12.6 sen per share in the quarter.
However, on a y-o-y basis, it is down 2.32% — still considered a commendable achievement.
RHB Bank Bhd (+55.3% q-o-q), Public Bank Bhd (+39.03% q-o-q) and Hong Leong Bank Bhd (+28.01% q-o-q) achieved solid double-digit growth for 3Q20 as most of them made large loan loss provisions in the preceding quarter in preparation to withstand the headwinds.
Among others, AMMB Holdings Bhd saw the biggest drop by 35.01% q-o-q in 3Q20, followed by CIMB Group Holdings Bhd (-29.82% q-o-q), Affin Bank Bhd (-27.72% q-o-q), BIMB Holdings Bhd (-11.25% q-o-q) and Alliance Bank Malaysia Bhd (-0.35% q-o-q).

Posted by Riaz1954 > 2020-12-04 19:50 | Report Abuse

Price will consolidate and move up .....year end rally for sure.

Posted by Riaz1954 > 2020-12-07 13:27 | Report Abuse

Seeing some resistance at top end.

Posted by WannabeKakies > 2020-12-11 12:22 | Report Abuse

today is BANK day! buy buy buy

Posted by woshigushen > 2020-12-13 21:10 | Report Abuse

tp 6. hoot 9 eeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

Posted by Kadir > 2020-12-15 09:50 | Report Abuse

What happen RHB

Posted by getingreal > 2020-12-15 10:13 | Report Abuse

Double whammy, politicians paying silly buggers again, and Abar announced its selling its 4.23% stake in RHB. RHB dropped some 25c on the news. An overreaction! The politicians will fade away tomorrow as will Abar shareholdings. It’s no big deal! The value of Abar holding is only about RM 923 million. Guys it’s not the end of the world, Abar is not even a substantial shareholder! RHB could buy back these shares without blinking and distribute them as bonus shares, or sadly, more likely Malaysian institutions will absorb them in five minutes. This is a golden chance to buy in for all those that missed the recent run up, and a chance to add for the lucky ones that rode the recent wave. Tomorrow the old fart politicians will have lost (again) and within a few weeks they and Abar will be no more. RHB will still be here and stronger than ever.

Posted by Snowpiercer > 2020-12-15 10:21 | Report Abuse

Real silly ....market at RM5.8 and they want to sell RM5.6.....

Posted by getingreal > 2020-12-15 10:41 | Report Abuse

I think that price was probably set last week when that was the price (before the spike up on Friday and Monday). I expect they will achieve a much higher price during the book building exercise or their agents will have failed them.

Posted by yingzhe17 > 2020-12-15 13:54 | Report Abuse

Overpriced so Aabar smart. Sell while it still have value. Rhb has hand behind to maintain the price since covid.

Posted by getingreal > 2020-12-15 16:45 | Report Abuse

Its not overpriced, its cheap. NTA is 6.81 per share. PE is 10.32. They paid two dividens in the last 12 months, 18.5c in June plus 12.5c in Oct for a total of 31c which gives a solid dividend yield of 5.5%on current price. Even the consensus agreed value is 5.86. I think 6.00 plus is still ok. Please do your home work.

Posted by getingreal > 2020-12-15 17:23 | Report Abuse

A block of 850 mil RHB shares were traded off market at lunchtime today at 4.50. Bye Bye Abar.

Posted by getingreal > 2020-12-15 18:16 | Report Abuse

Abar must have needed cash very fast to sell at that price. The question is who bought the block EPF maybe. Great deal for the buyer whoever it was. I guess we will see in a day or so when they announce. The deal is now done and the shares have found a new home and we can all move on without that clouding the market. Tomorrow we should see the share price back up to again.

Posted by yingzhe17 > 2020-12-15 20:02 | Report Abuse

Insider said rhb lending very loose last time and npl at all time high. At investment side regional left right losing money but Ong family not willing to let go. So, Aabar seeking whole block at right price due to this bank value will drop soon.

Posted by getingreal > 2020-12-15 23:15 | Report Abuse

In a note this morning, Maybank Investment Bank Research analyst Desmond Ch'ng noted that the disposal of Aabar's 4.2% stake was a positive movement, as it cleared the final overhang on the stock. Ch'ng also maintains his "buy" call on RHB, with a higher target price (TP) of RM6.70 (from RM6.20 previously), pegged to a higher calendar year 2021 (CY21) price-to-book value of 0.9 times, from 0.8 times previously, with a CY21 return on equity of 8.7% to account for improved liquidity and sentiment.

Bloomberg indicated that RHB has 18 analysts covering it, with 14 having it on "buy" and four keeping it at "hold" — with a consensus TP of RM5.98, with individual TPs ranging from RM5 to RM7 per share.

https://www.theedgemarkets.com/article/rhb-falls-427-news-aabar-selling-entire-stake-bank

Posted by Snowpiercer > 2020-12-16 09:50 | Report Abuse

after awhile people will forget and this counter is on uptrend and plenty of room to go up

Posted by yingzhe17 > 2020-12-16 11:14 | Report Abuse

Drop as I said. Wait for ong to support

Posted by Muthuarum > 2020-12-17 13:33 | Report Abuse

With OSKutu as second main shareholder, RHB in troubles....

Posted by Muthuarum > 2020-12-17 13:34 | Report Abuse

Better run out faster

Posted by acefun > 2020-12-18 13:40 | Report Abuse

@Muthuarum, who is OSKutu?

Besides, what is the dividend given out as I just see they have DRIP but cannot find the dividend declare information.

Posted by tkl88 > 2020-12-19 09:59 | Report Abuse

Wow, oil price continue to spike up like mad!
Nymex=> $4‪9.06 (+0.70) (+1.45 %)‬
Brent=> $52.32 ‪(+0.82) (+1.59 %)‬

‪Huat ah ! Heng ah ! Ong ah !‬

Posted by aiyooo > 2020-12-21 09:40 | Report Abuse

in rocket come !!!!!!!!!!!!!!!!!!!!!!! gogogo rhbbank

Posted by getingreal > 2020-12-21 23:13 | Report Abuse

10c interim Dividend. Winner winner Lobster diner!

Posted by Snowpiercer > 2020-12-22 10:47 | Report Abuse

I think all other banks will start to declare some dividends.... all the gov fund and epf also need income.

Posted by aiyooo > 2020-12-23 12:10 | Report Abuse

delicious rhbc26 kikiki

Posted by aiyooo > 2020-12-24 10:51 | Report Abuse

gogogo rhb c26 kikiki cheap cheap nw

Posted by Choongling > 2020-12-24 12:40 | Report Abuse

https://www.klsescreener.com/v2/announcements/view/3281599

Posted by aiyooo > 2020-12-24 16:02 | Report Abuse

gogogo rocket c26 kikiki

Posted by aiyooo > 2020-12-24 16:04 | Report Abuse

rhb bring back bank stk green green

Posted by tkl88 > 2020-12-26 08:27 | Report Abuse

Next week is the windows dressing, will be the super bull market for KLSE !

Huat ah ! Heng ah ! Ong ah !

Posted by Vanbasten > 2020-12-26 18:24 | Report Abuse

Next week Epf sell down be careful

Posted by WealthSoWonderful > 2020-12-29 02:15 | Report Abuse

For those serious mature sensible minded long term investors among y'all ... Do consider TopGlove as another egg in the basket, another arrow in the quiver, another string to the bow

Posted by WealthSoWonderful > 2020-12-29 02:15 | Report Abuse

TOPGLOVE FOR LONG TERM INVESTMENT: A QUICK PRIMER

TopGlove IPO price RM2.70 March 2001

2,000 units = RM5,400

Bonus issues:
2002 3:10 ==> 2,600 units
2003 2:5 ==> 3,640 units
2005 1:1 ==> 7,280 units
2007 2:5 ==> 10,192 units
2010 1:1 ==> 20,384 units
2016 1:1 ==> 40,768 units
2018 1:1 ==> 81,536 units
2020 2:1 ==> 244,608 units

Today 244,608 units x RM8.70/unit = RM2,128,089

Capital Appreciation = From RM5,400 to RM2,128,089 in just 19 years

This is clear solid undoubtable undeniable evidence of the awesome benefit by way of exponential growth that you get from investing long term in TopGlove

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Do your own due diligence

Invest at your own risk

Posted by aiyooo > 2020-12-29 14:48 | Report Abuse

bank gogogo

Posted by aiyooo > 2020-12-29 14:48 | Report Abuse

siez zzzzzz

Posted by CakapSohaiThings > 2020-12-30 21:01 |

Post removed.Why?

Posted by Choongling > 2020-12-31 15:06 | Report Abuse

Rss, separation scheme ?

Posted by getingreal > 2021-01-04 17:04 | Report Abuse

Make press release of 10c, then don’t announce that way you pump the market up with the statement, but don’t make any announcements. Later, much later, only then make announcement. This way you get double pump. In most countries this is called market manipulation. KLSE where are you? Your supposed to watch out for shonky manipulative practices.
04/01/2021 4:32 PM

Posted by getingreal > 2021-01-05 11:48 | Report Abuse

Tan Sri' where is the 10c dividend you talked about in your press release?

Posted by getingreal > 2021-01-06 09:24 | Report Abuse

Dividend announced. 10c Ex 19th Jan, and paid 9th Feb 10c. Thank Tan Sri.

Posted by GoldenHarvest1 > 2021-01-06 19:29 | Report Abuse

Recovery theme play losing steam

Posted by GoldenHarvest1 > 2021-01-06 19:29 | Report Abuse

Fitch turns negative on banks

https://www.nst.com.my/business/2021/01/654954/malaysian-banks-bursas-losers-list-after-fitch-turns-negative-global-banks

Posted by FortuneBlooming > 2021-01-09 16:51 | Report Abuse

What is estimate for coming qrtr pat?

Posted by FortuneBlooming > 2021-01-09 16:52 | Report Abuse

Can hit RM3.8 billion kah

Posted by FortuneBlooming > 2021-01-09 16:52 | Report Abuse

Cannot la