bullrun168

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 !

3 weeks ago

prudentinvestor

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.

3 weeks ago

snowball88

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

3 weeks ago

cheeseburger

will be going higher to 7

3 weeks ago

Smokey Investor

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

3 weeks ago

Shogun86

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.

3 weeks ago

troy88

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

3 weeks ago

bullrun168

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

3 weeks ago

Tedinvestor

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

3 weeks ago

Diamond7

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

Lucky ...move up!!!

3 weeks ago

prudentinvestor

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

3 weeks ago

yeinemesis

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.

3 weeks ago

troy88

PMX clever to make KLCI look much better than reality lol

2 weeks ago

GreenTrade

strong :)

2 weeks ago

speakup

https://www.nst.com.my/news/nation/2024/08/1099174/rotiboy-klcc-closes-forever-21-year-legacy-ends-sept-8

2 weeks ago

prudentinvestor

@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.

2 weeks ago

prudentinvestor

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

2 weeks ago

prudentinvestor

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.😑😑

1 week ago

pang72

[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

1 week ago

prudentinvestor

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

1 week ago

Bursino

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.

1 week ago

prudentinvestor

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.

1 week ago

Mytime

Hopefully hit 7.00 soon

1 week ago

Bursino

Thank you @prudentinvestor

1 week ago

xiaochen

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

1 week ago

prudentinvestor

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.

1 week ago

xiaochen

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.

1 week ago

Mytime

Be positive. Think long-term

1 week ago

prudentinvestor

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

1 week ago

Tedinvestor

Slow but steady. Not bad though

1 week ago

xiaochen

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

1 week ago

prudentinvestor

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

1 week ago

mf

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

1 week ago

Smokey Investor

@mf, very little material impact

1 week ago

prudentinvestor

Even if the judge rules in favour of Tokio Marine and RHB Bank has to pay a couple million of compensation, it won't make a dent in RHB Bank's bottom line. What is say RM3 million to RHB Bank's earnings of around RM2.9 billion?

1 week ago

mf

S&P 500 falls as traders deal with new inflation data, September volatility

1 week ago

prudentinvestor

10 years ago, KLCI was slightly above 1,800 points, S&P was around 2,000 points. Today, S&P has gone up to over 5,500 points but our KLCI is still struggling at 1625 points. Nasdaq has performed much better. Falls in the US won't have any lasting effect on our market.

6 days ago

JJPTR

10 years ago, Dow components were different from today.
They kick out counters about to go trend lower, replace with new uptrend counters. CHEATING, to give u impression Dow is long term uptrend.
If they put back the original Dow component of 10 years ago, like GE, Dow will be about half of now

6 days ago

pang72

Next Tuesday 17sep Rhb turns for ex dividend 17c..

Today, cimb gao up 10c over exdate bring confident to banking stock again

5 days ago

prudentinvestor

@JJPTR, they kicked out only 8 non performing Dow component counters over the past 10 years. Even if those counters were reinstated, they won't cause Dow to drop by 50%. This is possible if we exclude gains achieved by Amazon, Apple and Microsoft over the past 10 years. It is a fact that many US stocks, especially Nasdaq counters have gone crazy.

5 days ago

prudentinvestor

RHB Bank has declared an interim dividend of 15 sen a share, not 17 sen a share. Hopefully it would declare 17 sen a share next financial year.

4 days ago

pang72

OK. Typo error 15c dividend...
As per closing at $6.30 so the opening price is $6.15..

Hopefully can cover the dividend in one day...

4 days ago

prudentinvestor

RHB Bank's adjusted price is RM6.15. If it could rise to last Friday's closing price of RM6. 30 tomorrow, I am sure its share price would gain further ground.

2 days ago

pang72

Tmr, Rhb in focus.
It shld outperform like CIMB

2 days ago

pang72

Cimb has covered dividend gap within one week making shortest days in record.
Next be Rhb, pbb, maybank..

Let's fly

1 day ago

prudentinvestor

Unable to hold on to its recent gains. What a pity!

1 day ago

pang72

Up 1c is awesome

1 day ago

prudentinvestor

CIMB Bank the rabbit has gone further ahead. It is now RM2.20 higher than RHB Bank.

1 day ago

pang72

Rhb with 7% yield is supported by long term dividend lovers..
I don't see any unusual but I strongly feel it can be at $7

11 hours ago

prudentinvestor

At RM5.70 a share recently, its yield was 7%. Now at RM6.20, its yield has dropped to 6.45%. It has to increase its dividend payout to maintain a yield of 7%. Well, it has the capacity to do so.

5 hours ago