RHB BANK BERHAD

KLSE (MYR): RHBBANK (1066)

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Last Price

5.60

Today's Change

-0.08 (1.41%)

Day's Change

5.59 - 5.69

Trading Volume

12,753,100

Price Target

A price target is an analyst's projection of a share's future price. 

Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.

Last Price

5.60

Avg Target Price

6.67

Upside/Downside

+1.07 (19.11%)

Price Call

0

SELL

4

HOLD

38

BUY

Date Open Price Target Price Upside/Downside Price Call Firm View Action
Discussions
2 people like this. Showing 50 of 3,165 comments

prudentinvestor

EPF has picked up over 20 million RHB Bank shares over the past two weeks but the counter didn't go up. You won't get any clues from EPF's share dealings.

4 weeks ago

GT8989

EPF has all the experts init... if they sell one better pursue ..

4 weeks ago

Shines

Right hand pick up, left hand throw, how to continue going up

4 weeks ago

prudentinvestor

The worst performing bank stock over the past one year.

4 weeks ago

Value Investor Coo1eo

people who want to see the share price flying should invest elsewhere

3 weeks ago

stockraider

Undervalue bank & good div, can buyloh!

3 weeks ago

smartly

small discount nia. not worth. if any dividend ex before the expiry date. jialat liao.

3 weeks ago

smartly

hoot mother la. easier.

3 weeks ago

prudentinvestor

Few small investors buy this kind of counter, preferring instead to lose money on speculative counters.

2 weeks ago

prudentinvestor

Just unable to gather sufficient momentum to move up. Pity that it has now lagged behind CIMB bank by over 60 sen.

2 weeks ago

prudentinvestor

While other banks like Maybank, Public Bank and CIMB Bank surge ahead, RHB Bank struggles to even maintain at above RM5.60.

2 weeks ago

speakup

Swap to Cimb lor

2 weeks ago

prudentinvestor

Not after it has gone up by RM1.50 (over 30%).

2 weeks ago

speakup

Maybank and Cimb is used to push up the CI

2 weeks ago

speakup

PMX pushing up the CI to show the world Malaysia has reformed, but really it hasn't as shown by Najib pardon & Zahid DNAA

2 weeks ago

prudentinvestor

Between Maybank and CIMB Bank, I still prefer the former.

2 weeks ago

smartly

soon will be BPP as well...

2 weeks ago

diuleiloumei

Maybank and cimb already move up alots, rhb still very laggard behind like no tomorrow

2 weeks ago

Investor128

Rhb-C51 cheap RM5.62-RM5.50= RM0.12 / 3 = RM0.04 vs current price RM0.035 at least 14% upside

2 weeks ago

speakup

is there something wrong with Rhb which we retailers are not aware of?

2 weeks ago

Hemsley

OK, switch counter after collect the dividend for the last time.

1 week ago

prudentinvestor

RHB Bank's share price hasn't dropped, it just refuses to go up. We would know whether something is wrong with the bank in another two weeks.

1 week ago

SN Steven Ng

SN Steven Ng

Market is your Servant to serve you. Market is not your Master to guide you. All in.

1 week ago

speakup

? Tak paham

1 week ago

prudentinvestor

Counters must go up after we have bought and go down after we have sold. This stock exchange is operated by Santa Claus.

1 week ago

GT8989

next week critical break >Rm6 or down <Rm5.20

1 week ago

calvintaneng

Blog: A LOOK AT DIVIDEND PERFORMANCE BETWEEN PALM OIL & BANKS, Calvin Tan

https://klse.i3investor.com/web/forum/forum-thread/608619778

2 days ago

dam82

why no result annouced i throught its today

2 days ago

prudentinvestor

@Calvin TP Tan, Maybank has consistently paid yearly dividends in excess of 50 sen per share for over 10 years, translating into a dividend yield of over 6%. Name me one plantation counter that can come close to this feat.

2 days ago

lechewai1963

Tmr. Result......

2 days ago

prudentinvestor

Possible over lunch break today. Share price quite stable over the past few days. Nothing unexpected would happen.

1 day ago

new2stockmarket

Results out

1 day ago

smartly

q-o-q drop 10%
y-o-y drop 24%

1 day ago

smartly

still manage to declare 25sen dividend.

1 day ago

dam82

ermm not a good result for me but divident maintain may be exit and come back when low price ...dilema

1 day ago

prudentinvestor

There is still a slight improvement in its eps over 2022. What is more important is that the final dividend is maintained at 25 sen a share.

1 day ago

prudentinvestor

At RM5.66 a share, it is trading at a PE of 8.6 and a dividend yield of over 7%. Wonder if there is another counter trading at such a low PE and such a high dividend yield.

1 day ago

dam82

excatly that why thinking to exit and come back when its goes lower ....

1 day ago

goldenhope

Lower profit due to allowance for credit losses RM230 mil.

1 day ago

GT8989

the point is QnQ YnY dropping and ROE dropping as well

1 day ago

prudentinvestor

@Rebecca40, kami di forum ini semuanya pelabur, bukan penjudi. Kami berpuas hati dengan pulangan tahunan dalam lenkongan 15%. Macam mana boleh capai pulangan mingguan empat angka? Cetak duit pun tak begitu cepat.

1 day ago

speakup

CI is artificially hold up to mask weakness in the broader market. Who is doing this? Epf? Kwap? Pnb?

1 day ago

diuleiloumei

Disappointed dividend and share price

1 day ago

prudentinvestor

Yes, we should be disappointed with its share price but not its dividend. This is the third time in three years RHB Bank investors would be receiving yearly dividends amounting to 40 sen a share, giving a yield of slightly over 7%.

16 hours ago

Yolo1234

the dividend is attractive, about 7%, and revenue is increasing Q-to-Q.

the average dividend of banking stock is about 5-6% (maybank >6%).

based on % of dividend, share price should be above RM6.50......there's little downside risk for RHB.

15 hours ago

iscmob

Still learning/digesting HLB Research Rpt:

Outlook. We expect NIM to improve next quarter, coming as a result of active liability management to help optimize funding cost. Also, credit growth is seen to chug along, especially with potential lumpy business loan drawdown in 1H24. That said, net credit cost (NCC) may normalize down QoQ after stepping up for two consecutive quarters (3Q-4Q23). In any case, we are slightly concerned on its relatively low LLC of 72% (vs pre-pandemic level of c.85%) as buffers have thinned and, in our view, difficult to pad any potential deterioration in asset quality.
Forecast. Unchanged since 4Q23 results were in line.
Retain HOLD and GGM-TP of RM6.00, based on 0.79x FY24 P/B with assumptions of 9.3% ROE, 10.9% COE, and 3% LTG. This is in line to its 5-year average of 0.79x but beneath sector mean of 0.89x. We feel the valuation is fair since its ROE output is similar to pre-pandemic level. Moreover, it has always traded at a discount to industry average. Overall, RHB’s risk-reward profile appears to be balanced, as there are no new positive catalysts to spur share price upwards. In addition, the bank’s LLC of 72% is below pre-pandemic level of c.85% but peers are instead printing in above this rate, which makes us slightly concerned.

15 hours ago

ahbah

Retain HOLD and GGM-TP of RM6.00, based on 0.79x FY24 P/B with assumptions of 9.3% ROE, 10.9% COE, and 3% LTG.

15 hours ago

stkoay

PETALING JAYA: Malaysia is in a sweet spot to enter a prolonged bull market, says prominent fund manager Tan Teng Boo.

According to the founder and owner of icapital.biz Bhd, the benchmark FBM KLCI could potentially rise to 2,500 – 3,000 points in the next three to five years, citing it is a “realistic target”.

Speaking at a media briefing on the market outlook yesterday, Tan said his optimism over Malaysian equities was premised on the country’s strengthening economic fundamentals and political stability.

“Now is the time to buy Malaysian stocks. We are looking at the beginning of a major bull market,” Tan said.

“Our market is cheap and our currency is cheap,” he added, noting that he expects a greater inflow of foreign funds to the Malaysian equity market in the coming days to further lift the FBM KLCI.

14 hours ago

observatory

Could anyone trust Tan Teng Boo’s prediction?

This guy has parked half of iCAP’s fund as FDs. Not for one year. Not for two or three years. But for over a decade! He has been waiting for the market crash for as long as I can remember.

During this long period, we had 1MDB, the collapse of oil price in 2015 and in 2020, five prime ministers since 2018, and the Covid pandemic. Yet he picked up no bargain.

During those intervening years, on dividend adjusted basis,
1. QL was up from RM1 in 2011 in almost RM6 today
2. Allianz was up from RM3 to RM19
3. United Plantation was up from RM3 to RM21 (yes, iCAP did buy into UP lately, currently a tiny 2% of its portfolio)

Even Maybank was up from RM3.7 to RM9.5 during the period.

How much did iCAP’s earn from the cash that it locked in bank FD’s? Not to mentioned 1.5% was handed over as management fee every year.

TTB is also a big fan of China. What is China stock market return over these years?

With such track records, I’m actually worried that now he has a U-turn and starts predicting Bursa's bull run!

9 hours ago

GT8989

More likely harbor around Rm5... until improving ROE

5 hours ago

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