RHB BANK BERHAD

KLSE (MYR): RHBBANK (1066)

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Last Price

6.61

Today's Change

+0.11 (1.69%)

Day's Change

6.46 - 6.63

Trading Volume

12,083,500


3 people like this.

3,925 comment(s). Last comment by prudentinvestor 2 hours ago

Posted by wallstreetrookie > 2021-08-17 09:37 | Report Abuse

RHB Banking Chief Economist Sailesh K Jha to speak on Bloomberg live at 11 am GMT

Damiel

78 posts

Posted by Damiel > 2021-08-17 11:28 | Report Abuse

Perhaps some good dividend coming

Posted by CakapSohaiThings > 2021-08-24 09:53 | Report Abuse

I can feel it, the brothers are back

Posted by CakapSohaiThings > 2021-08-24 10:09 | Report Abuse

AMBANK RM 4.5
CIMB RM5.5
RHBBANK RM6

stockraider

31,556 posts

Posted by stockraider > 2021-08-24 10:40 | Report Abuse

Good morning

Posted by bullmarket1628 > 2021-08-24 11:48 |

Post removed.Why?

getingreal

405 posts

Posted by getingreal > 2021-08-24 12:16 | Report Abuse

If EPF would stop selling this share can fly.

chshzhd

1,908 posts

Posted by chshzhd > 2021-08-27 14:12 | Report Abuse

good qr

Brutus

313 posts

Posted by Brutus > 2021-08-27 14:36 | Report Abuse

Thank you RHB for the generous dividend!

Posted by prudentinvestor > 2021-08-27 15:08 | Report Abuse

Should be trading at RM7 instead of just RM 5.50

troy88

3,022 posts

Posted by troy88 > 2021-08-27 15:24 | Report Abuse

Well done. Great result

Posted by CakapSohaiThings > 2021-08-27 15:28 | Report Abuse

QR within expectations. TP RM6

5612

30 posts

Posted by 5612 > 2021-08-28 15:31 | Report Abuse

Make it 8

Riaz1954

1,325 posts

Posted by Riaz1954 > 2021-08-29 19:17 | Report Abuse

Excellent set of results ……malaysia bank stocks in general compared to world are undervalued …due to political uncertainty and CV ……any way good opportunity for better times 7 RM is on if foreign asset allocation emerges.

Keyman188

5,968 posts

Posted by Keyman188 > 2021-08-30 10:09 | Report Abuse

Foreign buying extends to third week, surges to RM964.3m

(theedgemarkets.com / August 30, 2021 09:42 am +08)

KUALA LUMPUR (Aug 30): Foreign buying of Malaysian equities extended for the third week and surged to RM964.33 million last week, from a paltry RM6.71 million the prior week.

In its weekly fund flow report today, the MIDF Research team said as the market reopened last Monday, foreign investors were net buyers amounting to RM6.7 million.

Meanwhile, it said local institutions bought RM19.16 million net of local equities, with retailers as net sellers to the tune of RM25.86 million.

The research house said foreign investors were net buyers every day of the week.

It said the largest foreign inflow was recorded last Thursday to the tune of RM310.79 million, while the inflow of RM6.7 million last Monday was the smallest.

“As for retailers, they were net sellers every day of the week except on Monday.

“The largest net selling by retailers was recorded last Tuesday and the smallest net selling was on Friday to the tune of RM48.43 million and RM16.88 million respectively.

“Cumulatively, for the week, retailers net sold RM113.96 million worth of equities on Bursa Malaysia,” it said.

MIDF said that meanwhile, local institutions recorded cumulative weekly net selling to the tune of RM850.37 million.

It said local institutions were net sellers every day of the week, with the largest net selling on Thursday to the tune of RM290.41 million.

Since the beginning of 2021, cumulatively, retailers were the only net buyers of the local equity market to the tune of RM9.46 billion.

Local institutions and foreign investors were net sellers to the tune of RM4.46 billion and RM5 billion respectively.

“In terms of participation, retail investors, local institutions and foreign investors recorded weekly movements of -3.82%, 9.89% and 16.82% respectively in average daily trade value (ADTV),” it said.



## https://www.theedgemarkets.com/article/foreign-buying-extends-third-week-surges-rm9643m

Keyman188

5,968 posts

Posted by Keyman188 > 2021-08-30 10:10 | Report Abuse

Great news...foreign funds coming back...

Posted by prudentinvestor > 2021-08-30 14:52 | Report Abuse

I remember that some time ago, may be around 10 years ago, it was trading at above RM10 a share. Its earnings per share was not much higher then.

Choongling

190 posts

Posted by Choongling > 2021-09-02 12:18 | Report Abuse

When is the ex of dividend ?

Posted by bullmarket1628 > 2021-09-04 10:51 | Report Abuse

Langkawi To Welcome Local Tourists As ‘Pilot Project’ Starting 16 September
Published 2 days ago September 2, 2021

worldofbuzz.com/langkawi-to-welcome-local-tourists-as-pilot-project-starting-16-september/

Posted by bullmarket1628 > 2021-09-04 10:53 | Report Abuse

The government has agreed to open the tourism sector in several destinations under the ‘travel bubble‘ programme based on a list of conditions.
As reported by Utusan Malaysia, Prime Minister Datuk Seri Ismail Sabri Yaakob said, for a start, Langkawi Island was chosen as a pilot project to be reopened to local tourists on Malaysia Day, 16 September.
“We are pleased to inform that through the meeting, we agreed to open the tourism sector in several destinations under the “travel bubble” programme based on the conditions set. For a start, Langkawi Island has been selected as a pilot project to reopen to local tourists starting 16 September,” he said.
He added that it would not be long before other tourist destinations will also be a part of this project.

“Other tourist destinations will be allowed to operate when the locality vaccination rate reaches 80%,” he said.

getingreal

405 posts

Posted by getingreal > 2021-09-13 10:20 | Report Abuse

EPF are still selling! They are responsible for driving this share, and others into the ground. No counter can rise if its cursed with an institutional investor that keeps selling large numbers of its shares. At one time EPF buying shares was deemed good news as they were seen to be good long term investors to have on board, now more. Any any companies that have EPF as a substantial shareholder must be discounted for substantial added risk. Having EPF buying your shares is like getting cancer.

Posted by prudentinvestor > 2021-09-13 23:25 | Report Abuse

EPF has to keep RHB's share price depressed so that it can get its drp shares at a lower price, this means more RHB shares. Same thing for Maybank.

TreeTopView

1,352 posts

Posted by TreeTopView > 2021-09-14 15:48 | Report Abuse

Banks taking a little slap this afternoon due to the FM stating today that the banks have to work out a way to not charge interest for 3 months for those in the B40 bracket and are currently using the moratorium.

Not really a big deal in the bigger picture, IMO.

charlie1

10 posts

Posted by charlie1 > 2021-09-14 16:56 | Report Abuse

Looks like a big slap for RHB

getingreal

405 posts

Posted by getingreal > 2021-09-14 17:12 | Report Abuse

What a good idea give everyone free money, sure popular politically. Cost the MOF nothing as shareholders pay. Why not write off all the loans and give free BMWs to everyone? That way sure to be even more popular.

plaxo 88

153 posts

Posted by plaxo 88 > 2021-09-15 09:53 | Report Abuse

Yeah, if gorman can do for Felda, why not for others too. In Felda taxpayers give ang pow, here s/holders give. Thats all.

Posted by bullmarket1628 > 2021-09-18 08:15 | Report Abuse

泰2022或全面开放 打两针免隔离.
就等大马亮绿灯
独家报道: 王义展
攝影: 陈友晋

https://www.kwongwah.com.my/20210917/泰2022或全面开放-打两针免隔离·就等大马亮绿灯/

stkoay

6,491 posts

stockraider

31,556 posts

Posted by stockraider > 2021-09-18 16:04 | Report Abuse

No good loh!

Alot msian jealous of banks make money thus they are robbing the bank by forcing them to give interest free exemption loh!

Luckily the Govt, EPF & the bumiputra funds are big investors in banking stock loh!

That means coming EPF & ASB dividend payout will be going to be lowered mah!

getingreal

405 posts

Posted by getingreal > 2021-09-20 09:46 | Report Abuse

According to the news published on the 27 Aug 2021 — RHB Banking Group managing director Datuk Khairussaleh at a press conference declared a dividend of 15 sen a share, equivalent to a payout ratio of 45.1% for the second quarter. The interim dividend consists of cash payout of five sen per share, and an electable portion under dividend reinvestment plan of 10 sen per share.

Why has their been no announcement to the KLSE?

Making public announcements concerning shareholders without informing the KLSE must be against the rules. Wake up KLSE!

Keyman188

5,968 posts

Posted by Keyman188 > 2021-09-20 16:09 | Report Abuse

Do you realize today banking sector very steady despite KLCI -17++ pt !!!...



BRAVO...

getingreal

405 posts

Posted by getingreal > 2021-09-22 14:08 | Report Abuse

27 Aug 2021 RHB Banking Group managing director Datuk Khairussaleh at a press conference declared a dividend of 15 sen a share.
WHERE IS THE DIVIDEND?

Brutus

313 posts

Posted by Brutus > 2021-09-22 20:20 | Report Abuse

Just announced DRP and ex-date. DRP is listed as RM 4.69. Slightly higher than last round DRP of RM 4.61.

krish52

257 posts

Posted by krish52 > 2021-09-22 20:46 | Report Abuse

datuk khairusaleh is a very good and able ceo for the group we can expect a lot of better news ahead.

Choongling

190 posts

Posted by Choongling > 2021-09-23 00:10 | Report Abuse

Oct 6 has been fixed as the book closure date for the DRP and the interim dividend of 15 sen per share

Choongling

190 posts

Posted by Choongling > 2021-09-23 00:13 | Report Abuse

Ex-Date 05 Oct 2021

fusing79

118 posts

Posted by fusing79 > 2021-10-09 21:48 | Report Abuse

RHB Bank Berhad - Dividend Reinvestment Plan (DRP)

May i know small investor should participate DRP?

getingreal

405 posts

Posted by getingreal > 2021-10-10 10:39 | Report Abuse

fusing79. If your a long term investor of a share then take up the maximum DRP and don't worry about odd shares of less than a lot as in time you can add to it in future DRP issues to build up to a full lot (100 shares). However if your if short term trading, then it may be better to only take up full DRP lots as its difficult and expensive to sell less than a full lot. You can always sell the full lots of DRP shares once they are issued if you want the income. DRP shares are cheap shares usually worth quite a lot more than taking the optional cash dividend.

Posted by bullmarket1628 > 2021-10-10 16:28 | Report Abuse

Hitting the highways: Interstate travel allowed starting Monday (Oct 11), says PM
Sunday, 10 Oct 2021 2:56 PM MYT

https://www.thestar.com.my/news/nation/2021/10/10/hitting-the-highways-interstate-travel-allowed-starting-monday-oct-11-says-pm

Posted by bullmarket1628 > 2021-10-10 16:28 | Report Abuse

PETALING JAYA: Interstate travel nationwide will resume starting Monday (Oct 11), says Datuk Seri Ismail Sabri Yaakob.
The Prime Minister said this during a special address at 3pm on Sunday (Oct 10).

"With the achievement of almost 90% of the population being fully vaccinated, therefore I would like to announce that interstate travel will be allowed. This will begin on Monday (Oct 11).
“Interstate travel is only allowed for those who are fully vaccinated.
“The lifting of the prohibition on interstate travel does not apply for visits to localities placed under enhanced movement control order," he added.
Ismail Sabri also said fully vaccinated Malaysians can travel abroad without MyTravelPass effective Monday (Oct 11)...

stkoay

6,491 posts

Posted by stkoay > 2021-10-12 17:21 | Report Abuse

https://www.malaymail.com/news/money/2021/10/12/banking-counters-rise-as-foreign-interests-persist/2012741

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the lifting of travel restrictions spurred more business activities for the financial sector.

“Banks are always the first liners when foreigners buy our stocks. They are stable, safe, fairly good growth and provide good dividend,” he told Bernama.

TreeTopView

1,352 posts

Posted by TreeTopView > 2021-10-16 08:43 | Report Abuse

RHB has been well supported this week with nice price movement.

I wasn't expecting to see Rm6+ until early next year but with the way it's going there might be a chance of that price prior to calendar year end. Let's hope so !

Posted by CakapSohaiThings > 2021-10-18 15:09 | Report Abuse

gogogo, less than 20 cents more to reach TP, and then rotate to another undervalued bank stock

TreeTopView

1,352 posts

Posted by TreeTopView > 2021-10-18 17:10 | Report Abuse

What an after market auction close!
Over 560k of shares bought at 5.89.......someone is keen!

Posted by MorningGlory123 > 2021-10-27 15:40 | Report Abuse

watch out, 6.50 coming

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