RHB BANK BERHAD

KLSE (MYR): RHBBANK (1066)

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Last Price

6.50

Today's Change

+0.01 (0.15%)

Day's Change

6.49 - 6.51

Trading Volume

3,437,500


3 people like this.

3,924 comment(s). Last comment by prudentinvestor 2 hours ago

skybursa

1,484 posts

Posted by skybursa > 2024-08-24 22:24 |

Post removed.Why?

stkoay

6,490 posts

Posted by stkoay > 2024-08-24 23:23 |

Post removed.Why?

Posted by prudentinvestor > 2024-08-25 16:48 | Report Abuse

Earnings for the first two quarters of last year was good, third quarter was bad, final quarter was worse. Hope this is not repeated this year.

KClow

1,317 posts

Posted by KClow > 2 months ago | Report Abuse

🤣talk so much oso kena red flag🤣

KClow

1,317 posts

Posted by KClow > 2 months ago | Report Abuse

Report those who ask personal data to i3 admin immediately.
Protect your frens and fellow forummers..
Sharing is caring😀

Posted by terribleinvestor > 2 months ago | Report Abuse

when is q2 report coming? anyone have any idea?

Posted by prudentinvestor > 2 months ago | Report Abuse

Don't worry, RHB Bank needs to report its q2 earnings latest by this Friday but I don't think it will wait until the last day. Congratulations, you have already made some money in RHB!

Posted by terribleinvestor > 2 months ago | Report Abuse

its seems already priced in.....not worth accumulating more.. need wait until ex-dividend date passed then maybe got chance buy more.

pang72

51,533 posts

Posted by pang72 > 2 months ago | Report Abuse

Slightly drop..
But still big fat dividend

Oliver Ooi

234 posts

Posted by Oliver Ooi > 2 months ago | Report Abuse

time to accumulate, low performance QR regardless YOY or QOQ. price at short while won't reach rm6

Posted by prudentinvestor > 2 months ago | Report Abuse

Earned 7% more than first quarter but provision for tax increased by 6%. ??

Posted by Tedinvestor > 2 months ago | Report Abuse

Bad management.

Posted by prudentinvestor > 2 months ago | Report Abuse

Earnings have been stuck at around the 65 sen a share level for three years. It seems it is going to be around 65 sen again this year. No wonder share price can't go up. But frankly, it is pretty cheap at this level. PE is around 9 and dividend yield is 6.75%.

Posted by terribleinvestor > 2 months ago | Report Abuse

talk about timing, got chance accumulate and rebalance more during pullback opportunity or once dividend distributed. as long as QR peformance stable i ok

Posted by Tedinvestor > 2 months ago | Report Abuse

Loans loss of 144 millions is quite a huge amount. Lending habits are among the worst in the banking industry.

Posted by prudentinvestor > 2 months ago | Report Abuse

This morning investors have suddenly realized that at around RM5.90 a share and with a PE of just 9 and dividend yield of 6.75%, RHB Bank is still a good buy.

bullrun168

489 posts

Posted by bullrun168 > 2 months ago | Report Abuse

Walaoeh, what happend ?
Super damn hot man RHBBANK today !
Now RHBBANK was traded at @RM6.10 (+0.18) (+3.04 %)
Heng ah, Ong ah, Huat ah !

Posted by prudentinvestor > 2 months ago | Report Abuse

Maybe investors think RHB Bank should be trading at a PE of 10 and a dividend yield of 6%. That would propel its share price to around RM6.60 a share.

Posted by snowball88 > 2 months ago | Report Abuse

Quarterly earnings dropped but price shoot up to highest in since dunno when. Can't understand this stock.

cheeseburger

2,873 posts

Posted by cheeseburger > 2 months ago | Report Abuse

will be going higher to 7

Posted by Smokey Investor > 2 months ago | Report Abuse

quarterly earning drop is due to higher provisioning for NPL. if the actual NPL is lower, it will be recognized as profit later

Shogun86

17 posts

Posted by Shogun86 > 2 months ago | Report Abuse

The probable reason for the share price positive increase is because net interest income rose 11% year-on-year to RM989.36 million, while non-interest income nearly doubled to RM603.16 million.

troy88

3,016 posts

Posted by troy88 > 2 months ago | Report Abuse

Unimpressive QR also price shoot up because banks pushed up. KLCI manipulated market. Haha

bullrun168

489 posts

Posted by bullrun168 > 2 months ago | Report Abuse

Wow, Amazing !
Now RHBBANK was traded at @RM6.17 (+0.25) (+4.23 %)
Heng ah, Ong ah, Huat ah !

Posted by Tedinvestor > 2 months ago | Report Abuse

Well results not good but still have a good run. Really surprised

Diamond7

2,375 posts

Posted by Diamond7 > 2 months ago | Report Abuse

This one....move like tortoise
CIMB n Maybank run like rabbit!

Lucky ...move up!!!

Posted by prudentinvestor > 2 months ago | Report Abuse

No more DRP this year and payment of the interim dividend has been pushed forward by more than three weeks.

yeinemesis

116 posts

Posted by yeinemesis > 2 months ago | Report Abuse

Profit drop but price up. KLCI also up. But overall market, most counters down. Very contradicting. Giving me the creeps and uncertainty feeling. Wonder what is going to happen to the stock market.

troy88

3,016 posts

Posted by troy88 > 2 months ago | Report Abuse

PMX clever to make KLCI look much better than reality lol

GreenTrade

651 posts

Posted by GreenTrade > 2 months ago | Report Abuse

strong :)

Posted by prudentinvestor > 2 months ago | Report Abuse

@GreenTrade, 11 months ago, Both CIMB Bank and RHB Bank were trading at under RM5.50 a share. CIMB closed at RM8.20 two days ago.

Posted by prudentinvestor > 2 months ago | Report Abuse

Maybank the tiger is roaring forward but RHB Bank is already panting heavily after running for a few steps..

Posted by prudentinvestor > 2 months ago | Report Abuse

Kenanga has a buy call on RHB Bank with tp raised from RM7.25 to RM7.55. HLIB has also called for a buy on RHB Bank with tp of RM6.75. Only a very slight positive reaction from RHB Bank.😑😑

pang72

51,533 posts

Posted by pang72 > 2 months ago | Report Abuse

[RHBBANK] Interim Dividend on 17-Sep-2024
Announcement Date: 28-Aug-2024
Related Stock:

RHBBANK
RHB BANK BERHAD
FY: 31-Dec-2024
Amount
RM 0.1500
Ex Date
17-Sep-2024
Entitlement Date
18-Sep-2024
Payment Date
30-Sep-2024

Posted by prudentinvestor > 2 months ago | Report Abuse

Banks are doing well today and RHB Bank is no exception but RHB Bank has a long journey to catch up.

Bursino

314 posts

Posted by Bursino > 2 months ago | Report Abuse

Is it a good idea to sell before ex-date? I see many counters drop drop drop more than the amount of dividend after ex.

Posted by prudentinvestor > 2 months ago | Report Abuse

RHB Bank only started to move up about 2 months ago from around RM5.50 a share whereas CIMB Bank started to move up from RM5.50 about 9 months ago. I think RHB still has a long way to go. I would sell some if it spikes by over 30 sen in a single day before it trades ex dividend. The choice is yours.

Mytime

112 posts

Posted by Mytime > 2 months ago | Report Abuse

Hopefully hit 7.00 soon

Bursino

314 posts

Posted by Bursino > 2 months ago | Report Abuse

Thank you @prudentinvestor

xiaochen

537 posts

Posted by xiaochen > 2 months ago | Report Abuse

Haha, it turns out that RHB can also keep increase the share price by a few cents for days.

Posted by prudentinvestor > 2 months ago | Report Abuse

CIMB Bank the rabbit has already dashed to RM8.44, the highest in over 10 years. RHB Bank the tortoise is still struggling to overcome RM6.30.

xiaochen

537 posts

Posted by xiaochen > 2 months ago | Report Abuse

As you said, CIMB nature like rabbit, always trade in high BETA. i have no surprise for CIMB break RM9 sooner or later.

But, as a turtle nature like RHB, this is already surprise me.

Mytime

112 posts

Posted by Mytime > 2 months ago | Report Abuse

Be positive. Think long-term

Posted by prudentinvestor > 2 months ago | Report Abuse

At long last, RHB Bank has managed to cross this important hurdle. Hopefully it continues with its slow uptrend.

Posted by Tedinvestor > 2 months ago | Report Abuse

Slow but steady. Not bad though

xiaochen

537 posts

Posted by xiaochen > 2 months ago | Report Abuse

Walking with turtle really need lots of patience.
Every single cent forward, take a lots of effort.

Posted by prudentinvestor > 2 months ago | Report Abuse

The last time RHB Bank reached this level was almost two and a half years ago. So disappointing.

mf

29,190 posts

Posted by mf > 2 months ago | Report Abuse

1066 RHBBANK, RHB BANK BERHAD - +
OTHERS
10 Sep 2024, 18:09
OTHERS
OTHERS
RHB BANK BERHAD ("RHB BANK" OR "THE COMPANY")KUALA LUMPUR HIGH COURT
ORIGINATING SUMMONS NO. WA-24NCC-433-09/2024 AND NOTICE OF APPLICATION FOR
INTERIM INJUNCTION FILED BY TOKIO MARINE LIFE INSURANCE MALAYSIA BERHAD AGAINST
RHB BANK
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

Posted by Smokey Investor > 2 months ago | Report Abuse

@mf, very little material impact

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