Posted by Berlin > 2024-04-06 09:41 | Report Abuse

China's wide manufacturing base caters for the widest range of products in its wide flung markets, from the cutting edge highest end to the basic very low end, and it so happens much of the Malaysian market is at the lower tier. Whose fault is it? Products go where there is demand and a market for it.

Posted by DickyMe > 2024-04-06 10:43 | Report Abuse

The fault lies with the importer and retailers.

Posted by thye82 > 2024-04-06 17:51 | Report Abuse

how or where to subscribe drp?

Posted by prudentinvestor > 2024-04-08 09:05 | Report Abuse

Now if we have a dog which happens to be travelling in a Boeing plane and its door suddenly drops off. How would this dog feel?

Posted by prudentinvestor > 2024-04-08 09:09 | Report Abuse

I have been using a Huawei phone for over 6 years without a single problem. This DickDickMEE views China made products with a jaundiced eye.

Posted by Brutus > 2024-04-08 09:18 | Report Abuse

@thye82, wait for the official announcement. I applied electronically thru Boardroom portal. Fast and easy.

Posted by troy88 > 2024-04-08 09:22 | Report Abuse

RHB share price is slowly rising and big dividend is coming..

Posted by omnigunk > 2024-04-08 09:44 | Report Abuse

Up and up! Ini kali lah!

Posted by DickyMe > 2024-04-08 17:44 | Report Abuse

House dog likes to bark to show his loyalty to the master dog.🤣

Posted by iscmob > 2024-04-09 15:18 | Report Abuse

"The DRP Statement and Notice of Election (including the Dividend Reinvestment Form) will be provided to all the entitled shareholders of RHB Bank (save for the overseas shareholders of RHB Bank) on 23 April 2024 and the election period for the DRP will close on 7 May 2024."
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3436071

and ...
"On 27 February 2024, RHB Bank had declared a second interim single-tier dividend for the financial year ended 31 December 2023 of RM0.25 per RHB Bank Share ("Second Interim Dividend") of which the shareholders of RHB Bank may elect to reinvest a portion of the Second Interim Dividend comprising RM0.10 per RHB Bank Share ("Electable Portion") into new RHB Bank Shares to be issued pursuant to the DRP ("DRP Shares") with the remaining portion of the Second Interim Dividend of RM0.15 per RHB Bank Share ("Remaining Portion") to be paid in cash. If only part of the Electable Portion is reinvested, the balance of the Electable Portion not reinvested and the Remaining Portion will be paid in cash. Following the above, the issue price of the DRP Shares had been fixed today at RM4.88 per DRP Share."
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3436139

---
We will be informed on 23/4/24 for the DRP exercise, probably via boardroomlimited.com.
Correct me if I'm wrong.

Posted by hoplanner > 2024-04-10 16:11 | Report Abuse

Need Sifu Sifu here for advice:-
1. At current price it is expensive to buy?
2. Wld the share price go up after ex-divd? under present sentiment where banking stocks are performing well?
3. Is RHB a better buy compare to other banking stocks?

Posted by prudentinvestor > 2024-04-12 11:21 | Report Abuse

Some people are always obsequious to Western people, wagging their tails whenever they see them. They should read this article by Jeffrey Sachs, a world renowned US professor.
https://johnmenadue.com/chinas-economic-success-in-face-of-growing-u-s-eu-protectionism/

Posted by bearcomebullgone > 2024-04-12 11:23 | Report Abuse

kena injek lagi duit ka pi digital bank aiyo

Posted by prudentinvestor > 2024-04-12 11:41 | Report Abuse

Now highest in 52 weeks but still a long way to catch up with CIMB which was at about the same level as RHB just 5 months ago.

Posted by troy88 > 2024-04-12 16:31 | Report Abuse

Why RM3 take so long to come?? I wanna buy but can't get

Posted by speakup > 2024-04-13 14:23 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/04/08/foreign-funds-continue-net-selling-of-malaysian-stocks-for-sixth-week
our local funds push up market for foreign funds to exit. LOL!

Posted by stockraider > 2024-04-14 10:42 | Report Abuse

This is one of the most undervalue performing bank mah!

Posted by Thirai Thiraviam > 2024-04-15 17:00 | Report Abuse

>1. At current price it is expensive to buy?
Yes, and no. It is relatively expensive compared to where it has been for the last few years. However, RHB has not kept pace with the rest of the banks -- like CIMB and Maybank -- and its PER is still relatively low.

> 2. Wld the share price go up after ex-divd? under present sentiment where banking stocks are performing well?
Of course. Plus in this round, they also have DRIP; so expect the price to drop more than RM0.25.

> 3. Is RHB a better buy compare to other banking stocks?
Yes. It is a better value, except perhaps AmBank. But doubts about that bank lingers.

Posted by derricksyl > 2024-04-15 17:10 | Report Abuse

AGM on 10/05/24 .......

Posted by prudentinvestor > 2024-04-15 21:02 | Report Abuse

Unlikely to reach RM5.80 within the next two days before it trades ex dividend.

Posted by speakup > 2024-04-17 08:20 | Report Abuse

https://themalaysianreserve.com/2024/04/16/one-in-two-malaysians-fear-job-loss-says-new-survey/
recession coming?

Posted by Shines > 2024-04-17 14:20 | Report Abuse

So near xd still going down

Posted by prudentinvestor > 2024-04-17 16:14 | Report Abuse

Should trade in the range RM5.45 to RM5.50 tomorrow. Anything better is a great achievement.

Posted by prudentinvestor > 2024-04-18 09:57 | Report Abuse

Maybank took less than three weeks to scale back to the same level just before it went ex dividend. RHB Bank may take three months to achieve this.

Posted by Hemsley > 2024-04-18 13:23 | Report Abuse

Doesn't matter, we have 6 months until next x-date. Better go below 5.40 now so can top up and average down my average price.

Posted by prudentinvestor > 2024-04-19 16:37 | Report Abuse

Not easy to make money from investments in RHB Bank. I bought some at RM5.63 a share about 10 weeks ago. At RM5.50 a share now and including the dividend, I only have a gain of around 1.35% in 10 weeks.

Posted by cola > 2024-04-19 17:06 | Report Abuse

If you call it an investment, 1.35% in 10 weeks is not bad at all😅

Posted by prudentinvestor > 2024-04-19 21:31 | Report Abuse

I got much better returns from my investments in Maybank for the past one year.

Posted by Value Investor Coo1eo > 2024-04-20 13:54 | Report Abuse

@prudentinvestor - RHB is not for you.

Posted by speakup > 2024-04-20 14:16 | Report Abuse

You want fast money: ytlpower

Posted by prudentinvestor > 2024-04-20 17:38 | Report Abuse

"RHB is not for you."
My investment in RHB Bank is several times my investments in Maybank. Will certainly reduce my holdings and switch to Maybank or CIMB if RHB goes up by 10 to 15% while Maybank and CIMB remain at the present level.

Posted by prudentinvestor > 2024-04-20 17:42 | Report Abuse

"You want fast money: ytlpower"
Won't be so greedy as to buy a counter that has shot up by 4 times over the past one year.

Posted by stkoay > 2024-04-21 11:34 | Report Abuse

RHB Foreign shareholding 15.41%
Source: https://www.rhbgroup.com/investor-relations/overview/key-financial-information/index.html


MBB Foreign shareholding 20.11%
Source: https://www.maybank.com/en/investor-relations/share-information/shareholdings.page

Posted by stkoay > 2024-04-21 11:37 | Report Abuse

Foreign shareholding of RHB has dropped from a high of 25.65% in 2020 to latest 15.41%

while MBB has been steady and current 20.11% is 5 years high

...may be that explains the share price performance.

Posted by prudentinvestor > 2024-04-21 16:35 | Report Abuse

CIMB Bank's foreign shareholding is the highest among local banks, at 31.4% as at 31 Dec 2023.

Posted by stkoay > 2024-04-21 17:48 | Report Abuse

Yes, CIMB is FF darling, that's why it's volatile....down fast (like during covid) and up as fast.
MBB attracts more long term FF, that's why it's slow but not volatile.

FF also got long term and short term speculative fund.

Posted by prudentinvestor > 2024-04-22 11:08 | Report Abuse

I remember during the 90s, foreigners owned about 40% of CIMB bank. It dipped below RM1 during the Asian financial crisis of 1997/98. Sell when it has been pushed up too far. Above RM7 better sell all.

Posted by prudentinvestor > 2024-04-22 20:33 | Report Abuse

CIMB bank fluctuated between a low of RM4.80 to a high of RM6.77 over the past one year. At RM6.62, it is not far from its 52 week high. Those who had bought at around RM5 have a capital gain of over 30% and over 35% if you include the dividends. RHB Bank investors have a total total gain of less than 10%.

Posted by Tedinvestor > 2024-04-23 06:36 | Report Abuse

Maybank promoters busy downgrading RHB to attract buyers. I'm a maybank shareholder but I don't do such despicable things la.

Posted by All_in_2021 > 2024-04-23 08:12 | Report Abuse

Can i know if we can apply for Dividend Reinvestment Plan from Boardroom already? It is not appearing on the "corporate action"

Posted by prudentinvestor > 2024-04-23 09:52 | Report Abuse

Pretty solid after it traded ex dividend. Hope it could keep up the momentum.

Posted by prudentinvestor > 2024-04-23 10:51 | Report Abuse

@Tedinvestor, can you list down the comments that Maybank promoters wrote about RHB that you think are despicable? The fact remains, 95% of RHB Bank shares are held by those holding more than 100,000 shares, those holding less than 10,000 shares only control 2% of RHB Bank's paid up capital. The big boys will determine how much RHB Bank is worth, we small investors are just followers. Whatever small investors write will have no effect on RHB Bank's share performance.

Posted by Brutus > 2024-04-23 19:20 | Report Abuse

Boardroom DRP is open. Just done mine.

Posted by All_in_2021 > 2024-04-24 09:53 | Report Abuse

Thanks. Completed mine as well.

Posted by prudentinvestor > 2024-04-24 12:18 | Report Abuse

The take up rate last DRP was only just over 80%. Unfortunately, we can't apply more than what has been allocated to us.

Posted by Shines > 2024-04-24 13:00 | Report Abuse

Also soft legs, up a few sens, then drop

Posted by derricksyl > 2024-04-24 14:45 | Report Abuse

GRAB IT AS MUCH AS U CAN ....

Posted by DickyMe > 2024-04-25 18:34 | Report Abuse

Without government support this will be licking the floor.
Many things in Bursa listing are on weak foundation and artificially held high.
Another SAPNRG?

Posted by prudentinvestor > 2024-04-25 21:12 | Report Abuse

@DickyMee, as long as it can pay me 40 sen dividend every year, I don't mind it becoming another SAPNRG. How much is a plate of DickyMee today?

Posted by Tedinvestor > 2024-04-26 06:58 | Report Abuse

The reason I bought Maybank also because of the dividend. I had experienced paper loss and only recently the stock price gained profits after few years. I believed in long-term investment and those counter which gives good dividend can offset capital loss. It just a matter of time before the counter will play a catch up