RHB BANK BERHAD

KLSE (MYR): RHBBANK (1066)

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Last Price

5.53

Today's Change

+0.01 (0.18%)

Day's Change

5.52 - 5.53

Trading Volume

22,300

IPO Info
Offer Period

Opening

Closing

Time Table

Allotment Date

Listing Date

Price

Issue Price

-

Units

4,010,045,621

Share Capital

0.000

No of Shares

Public Issue

-

Offer for Sale

-

Private Placement

-

Issuing House

-

ISIN Code

MYL1066OO009

Prospectus:

RENOUNCEABLE RIGHTS ISSUE OF UP TO 517,696,286 NEW ORDINARY SHARES OF RM1.00 EACH IN RHB CAPITAL BERHAD ("RHB CAPITAL") ("RHB CAPITAL SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM4.82 PER RIGHTS SHARE, ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY FIVE (5) EXISTING RHB CAPITAL SHARES HELD AS AT 5.00 P.M. ON 23 NOVEMBER 2015

RHB Capital Berhad - AP (Part 1).pdf

RHB Capital Berhad - AP (Part 2) and NPA and RSF.pdf

Discussions
3 people like this. Showing 50 of 3,287 comments

DickyMe

US impose tariff on Chinese goods so that it will not dump junks. Majority of Chinese products are cheap and shitty. It is designed such a way based on repeatable business.
I don't know about Japanese resistance to rice, perhaps they expect better quality.
Not only India but every country imposes tariff. Here, some industries are out of bound for even own citizens where it is monopolised by a particular community. 😂

2 weeks ago

prudentinvestor

"Majority of Chinese products are cheap and shitty. It is designed such a way based on repeatable business."
Wow! We have a parrot here parroting Western propaganda. Why does the US ban China's access to many advanced technologies? The simple reason is it is afraid of China 's rise which threatens its dominance and hence has to make life difficult for China.

2 weeks ago

DickyMe

Wow! we have a pig who supports China's junk.
What we find in Malaysia is 90% Chinese junks. So I don't need Western propaganda to state product quality. Who is afraid of a technology thief? Let's see their performance after the ban.

2 weeks ago

Berlin

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.

2 weeks ago

DickyMe

The fault lies with the importer and retailers.

2 weeks ago

thye82

how or where to subscribe drp?

2 weeks ago

prudentinvestor

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?

2 weeks ago

prudentinvestor

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.

2 weeks ago

Brutus

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

2 weeks ago

troy88

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

2 weeks ago

omnigunk

Up and up! Ini kali lah!

2 weeks ago

DickyMe

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

2 weeks ago

iscmob

"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.

2 weeks ago

hoplanner

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?

2 weeks ago

prudentinvestor

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/

1 week ago

bearcomebullgone

kena injek lagi duit ka pi digital bank aiyo

1 week ago

prudentinvestor

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.

1 week ago

troy88

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

1 week ago

stockraider

This is one of the most undervalue performing bank mah!

1 week ago

Thirai Thiraviam

>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.

1 week ago

derricksyl

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

1 week ago

prudentinvestor

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

1 week ago

Shines

So near xd still going down

1 week ago

prudentinvestor

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

1 week ago

prudentinvestor

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.

6 days ago

Hemsley

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.

6 days ago

prudentinvestor

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.

5 days ago

cola

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

5 days ago

prudentinvestor

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

5 days ago

Value Investor Coo1eo

@prudentinvestor - RHB is not for you.

4 days ago

speakup

You want fast money: ytlpower

4 days ago

prudentinvestor

"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.

4 days ago

prudentinvestor

"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.

4 days ago

stkoay

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.

3 days ago

prudentinvestor

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

3 days ago

stkoay

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.

3 days ago

prudentinvestor

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.

2 days ago

prudentinvestor

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%.

2 days ago

Tedinvestor

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

2 days ago

All_in_2021

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

2 days ago

prudentinvestor

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

1 day ago

prudentinvestor

@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.

1 day ago

Brutus

Boardroom DRP is open. Just done mine.

1 day ago

All_in_2021

Thanks. Completed mine as well.

23 hours ago

prudentinvestor

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

20 hours ago

Shines

Also soft legs, up a few sens, then drop

20 hours ago

derricksyl

GRAB IT AS MUCH AS U CAN ....

18 hours ago

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