Posted by prudentinvestor > 2023-07-13 10:32 | Report Abuse

"I prefer it to go $4"
You have to be more realistic. At RM4, the PE would be 6 and the dividend yield 10. Who is going to sell at such a low price to you? Below RM5.50 is already such an attractive price.

Posted by troy88 > 2023-07-13 11:12 | Report Abuse

"I prefer it to go $4". He can hope for another global pandemic and moratorium like 2020 to buy at RM4

Posted by unicornbird > 2023-07-13 12:34 | Report Abuse

yes i just caught covid for 4th time, so there probably be 1 more mutation that trigger another lockdown
then my dream will come true

Posted by prudentinvestor > 2023-07-13 16:27 | Report Abuse

Maybe another10 million people worldwide have to die for your dream to come true. Praying for a worldwide recession due to high interest rates would be better.

Posted by troy88 > 2023-07-14 10:06 | Report Abuse

Looks like moving further away from RM4 dream lol

Posted by prudentinvestor > 2023-07-14 10:36 | Report Abuse

RHB Bank has made some modest gains (less than 2.5%) over the past one week but is still far, far away from its rightful position.

Posted by unicornbird > 2023-07-15 14:52 | Report Abuse

this is bad news. I haven't buy enough. looks like foreign funds are coming in

Posted by success2628 > 2023-07-17 06:19 |

Post removed.Why?

Posted by prudentinvestor > 2023-07-19 17:44 | Report Abuse

Foreign funds had been net sellers of RHB Bank in the first half of this year, with net selling amounted to over RM600 million. RHB Bank might hit RM8 in the next two, three years. Your expectation is obviously too high.

Posted by prudentinvestor > 2023-07-21 16:20 | Report Abuse

Failed to close above RM5.55 for one week now. Investors have to be very patient with this counter.

Posted by dam82 > 2023-07-25 09:31 | Report Abuse

go go go

Posted by success2628 > 2023-07-25 10:17 |

Post removed.Why?

Posted by prudentinvestor > 2023-07-25 10:30 | Report Abuse

Should be on uptrend until the announcement of second quarter results and interim dividend payment.

Posted by Kicapmanis > 2023-07-25 11:26 | Report Abuse

May i know why some of investors here much prefer pbbank and some would rather stick with rhb.

Posted by success2628 > 2023-07-25 11:26 |

Post removed.Why?

Posted by troy88 > 2023-07-25 11:30 | Report Abuse

RHB the dividend king of banks was always going to bounce back..

Posted by Kicapmanis > 2023-07-25 11:40 | Report Abuse

But didnt rhb just only increase their div for past 2 years right? And pbbnk before this gave out much higher? Sorry im totally new in this.

Posted by success2628 > 2023-07-25 16:17 |

Post removed.Why?

Posted by moven00 > 2023-07-28 12:32 | Report Abuse

Analabs acquired RHBBank shares in open market. Strange but it stated the acquisition for dividend and possible capital gain.

Posted by speakup > 2023-07-30 12:33 | Report Abuse

Nothing strange about this

Posted by speakup > 2023-07-30 12:39 | Report Abuse

Banks are very safe investments. In fact more companies should invest their excess cash in banks

Posted by speakup > 2023-07-30 12:52 | Report Abuse

Maybank, Cimb, Rhb, HL, PBank are the highest grade banks in Malaysia

Posted by prudentinvestor > 2023-07-30 15:13 | Report Abuse

"Banks are very safe investments. In fact more companies should invest their excess cash in banks"
@speakup, some companies don't know how to do this. Keck Seng and Facb Ind are both cash rich but they prefer to keep their excess money in the banks.

Posted by troy88 > 2023-07-31 09:28 | Report Abuse

Back to 5.7X. Sorry to cheapskates who waited for RM4

Posted by prudentinvestor > 2023-08-04 21:50 | Report Abuse

It hasn't performed as well as Maybank so far this year. Foreign funds prefer Maybank.

Posted by prudentinvestor > 2023-08-06 16:48 | Report Abuse

I have more investments in RHB Bank than Maybank. RHB Bank's PE ratio is less than 9, Maybank is almost 13.

Posted by prudentinvestor > 2023-08-09 17:08 | Report Abuse

PNB and EPF do not need to pump up RHB Bank and Maybank. They would spike by themselves should PH+BN still win more than 2/3 majority in the three states that were under PH control prior to the dissolution of the state assemblies.

Posted by prudentinvestor > 2023-08-10 10:29 | Report Abuse

CIMB Bank's share price looks set to catch up with or even surpass RHB Bank's share price. At one stage several months ago, RHB Bank was 50 sen higher. While CIMB has staged a strong recovery from its recent lows by shooting up over 80 sen, RHB Bank has only gone up by less than 40 sen.

Posted by prudentinvestor > 2023-08-10 17:00 | Report Abuse

CIMB's dividend yield is around 5%, RHB is over 7%. If you are investing for dividend, then you should buy RHB Bank.

Posted by prudentinvestor > 2023-08-15 16:09 | Report Abuse

With improved earnings (already earned almost 18 sen a share in the first quarter), RHB Bank should be able to pay better dividend this year.

Posted by prudentinvestor > 2023-08-16 10:10 | Report Abuse

Investors should know the quantum of interim dividend to be paid in less than two weeks, just be patient. RHB Bank won't disappoint you.

Posted by Value Investor Coo1eo > 2023-08-16 10:34 | Report Abuse

Salesman for RHB stock here.

Posted by prudentinvestor > 2023-08-16 20:10 | Report Abuse

Those who had heeded the salesman's calls to buy RHB Bank when it dipped to RM5.30 recently should be thankful.

Posted by Robert Waters > 2023-08-17 11:32 | Report Abuse

I had an investment account there. Service was poor. Charges high.
May be still ok as investment ...

Posted by KClow > 2023-08-17 13:24 | Report Abuse

Rhbbank good for yield and security. Other than that dont hope..
U capital gain buy elsewhere ..osk uptrend

Posted by TreeTopView > 2023-08-29 13:04 | Report Abuse

Marginally higher??? What are you talking about you muppet!

Highest ever Revenue, highest ever Profit.

Up 26.4% year on year.
Up 6.2% quarter on quarter.

Yeah....up marginally...lol.....clown.

Great result.

Posted by observatory > 2023-08-29 14:05 | Report Abuse

The headline shows record quarterly revenue and profit.

However, look closer at the income statement. Group operating profit before allowances for 2Q was RM936m (declined 10.9% YoY from RM1,051m a year ago). On 6M basis, it was RM1,987m (declined 4.1% from RM2,073m a year ago)

The record profit was helped by two key factors.
1. Write back of management overlay on credit losses. 2Q writeback is RM132m, versus a charge of RM39m a year ago. On 6M basis, it was positive RM85m versus negative RM192m a year ago
2. The absence of prosperity tax. On 6M basis, tax and zakat was only RM496m (versus RM668m a year ago), or effective tax rate of 24% (versus 36% a year ago)

These two factors are one time.

Posted by Kicapmanis > 2023-08-29 16:37 | Report Abuse

No more DRIP?

Posted by gladiator > 2023-08-29 21:43 | Report Abuse

Got dividend 15c or not? No bursa announcement??

Posted by dam82 > 2023-08-30 07:11 | Report Abuse

RHB's 2Q net profit rises 28% to RM809 mil, declares 15 sen dividend

https://theedgemalaysia.com/node/680560

Posted by getingreal > 2023-08-30 11:26 | Report Abuse

Although RHB have publicly announced the Div, as usual they want second bite of the announcement by not giving a date till later, thus no Div announcements on Bersa till they give a date.

Posted by prudentinvestor > 2023-08-30 14:40 | Report Abuse

Good results but still can't go up. Investors are demanding a PE of 5 and a dividend yield of 10.

Posted by jooortp > 2023-08-30 14:49 | Report Abuse

Patient patient undervalued bank stock

Posted by prudentinvestor > 2023-08-30 15:20 | Report Abuse

I am in for the long haul irrespective of what happens.

Posted by observatory > 2023-08-30 19:27 | Report Abuse

Several analysts have turned cautious towards RHB. They've cut FY23-25 earning forecasts by 9-10% (HLIB), by 10-11% (CIMB), by 5% to 7% (MIDF). As a result, their TPs have been cut back - RM6 from RM6.6 (HLIB), RM6.56 from RM7.62 (CIMB), RM6.66 from RM7.58 (MIDF)

The reasons cited by HLIB -- NIM compressed, loans growth lost traction, and GIL ratio nudged up. LLC has gone down to 83%.

CIMB mentioned RHB Bank missed (albeit marginally) all of its FY23F KPIs:
1. ROE of at least 11% (achieved 10.6%)
2. Loan growth of 4-5% (achieved 1.9% in 1H23)
3. CASA of 30% (achieved 27.6%)
4. GIL of 1.5% or lower (1.64% as at end-Jun 23)
5. Cost-to-income ratio of 44.6% or below (achieved 47.5%)

But CIMB did mention that a higher dividend payout (given its strong CET1 ratio of 17.1%) could be a re-rating catalyst.

Posted by speakup > 2023-08-31 09:43 | Report Abuse

https://themalaysianreserve.com/2023/08/30/rhb-alliance-counter-downgraded-to-sell/
Wow AHIB dare to tell ppl sell RHB! Kasi bantai!

Posted by prudentinvestor > 2023-09-01 11:34 | Report Abuse

They expect RHB Bank to trade at a PE of 5 and a dividend yield of 15.

Posted by prudentinvestor > 2023-09-04 10:19 | Report Abuse

Now PE is less than 9 and dividend yield is around 7%. APA PELABUR MAHU LAGI?

Posted by moven00 > 2023-09-04 10:44 | Report Abuse

Pelabur suka dengar cerita dongeng IB that usually bullshit

Posted by observatory > 2023-09-04 11:22 | Report Abuse

If you buy RHB because of its dividends, you should be contented because RHB still maintains its dividend. You've achieved your objective.

But if you buy RHB because you expect its dividend yield will help attract more investors, thereby pushing up share price so that you may exit with a handsome capital gain, well, it has not worked out that way, not yet. Such an expectation means you depend on the market to come to your view. However currently the market doesn't just look at dividends, but also factors like growth, asset quality and others.