RHB BANK BERHAD

KLSE (MYR): RHBBANK (1066)

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Last Price

5.65

Today's Change

-0.07 (1.22%)

Day's Change

5.65 - 5.72

Trading Volume

5,275,900

Overview

Market Cap

23,798 Million

NOSH

4,212 Million

Avg Volume (4 weeks)

4,373,085

4 Weeks Range

5.59 - 5.96

4 Weeks Price Volatility (%)

16.22%

52 Weeks Range

5.10 - 6.31

52 Weeks Price Volatility (%)

45.45%

Previous Close

5.65

Open

5.72

Bid

5.65 x 325,400

Ask

5.66 x 5,000

Day's Range

5.65 - 5.72

Trading Volume

5,275,900

Financial Highlight

Latest Quarter | Ann. Date

31-Mar-2022 [#1] | 30-May-2022

Next QR | Est. Ann. Date

30-Jun-2022 | 27-Aug-2022

T4Q P/E | EY

9.27 | 10.79%

T4Q DY | Payout %

6.85% | 63.47%

T4Q NAPS | P/NAPS

6.66 | 0.85

T4Q NP Margin | ROE

21.99% | 9.15%

Market Buzz
Company Profile

Sector: FINANCIAL SERVICES

Sector: FINANCIAL SERVICES

Subsector: BANKING

Subsector: BANKING

Description:

RHB Capital Bhd. is a financial services group in Malaysia. The group has five main subsidiaries: RHB Bank Berhad, RHB Investment Bank Berhad, RHB Islamic Bank Berhad, RHB Insurance Berhad, and RHB Asset Management Sdn Bhd. The largest subsidiary, RHB Investment Bank Berhad, provides capital market solutions, securities broking, asset management, and trustee services to a wide range of corporate, institutional, retail, and high net worth clients. The company also provides non-banking products such as general insurance, unit trust management, asset management/nominee, and custodian services. The bank has international presence with operations across multiple countries and offers solutions through personal and digital channels.

Discussions
2 people like this. Showing 50 of 2,473 comments

alan55

I saw one investor or shareholder asking if last year AGM had any door gift.
What a joke, hoping to collect freebies when attending AGM. Informed investors attend AGM to ask quality questions and promote shareholder activism. Only pariahs attend with objective of collecting freebies.

2 months ago

Investfrog

How to attract Investor , door gift at AGM, EGM, MOU , Ceremony.

2 months ago

Investfrog

RHB somehow better than CIMB.

2 months ago

TreeTopView

Is this the wave that pushes through the 6.03 top Bollinger Band? It's had a few attempts in recent weeks but never been able to make the break. The MACD indicator is suggesting it possibly will, only time will tell. It's also being helped by reasonably strong volume.

Let's see how it unfolds.

2 months ago

Investfrog

It probably will break thru this time around, this week might be a crucial time

2 months ago

TreeTopView

They closed it right on 6.03, buying 1,052,000 at the closing auction. A nice little test for it tomorrow to attempt a break out.

2 months ago

TreeTopView

With overnight global markets crapping themselves, it seems that we will yet again have to wait for RHB to crack the 6.03 level..........ho hum ~~~~~~

2 months ago

prudentinvestor

Maybank, Public Bank and CIMB Bank investors had all received their final dividend payments and probably spent the money. Poor RHB Bank investors still don't know when they would receive their final dividend.

2 months ago

TreeTopView

https://www.klsescreener.com/v2/news/view/983179/rhb-bank-declares-hig...

After today's General Meeting and confirmation of the dividend and issue of shares for the dividend re investment plan, there should be an announcement in the next day or so regarding prescribed dates.
I expect the Ex Date to be around mid May with the payout in mid June (just my personal opinion).

2 months ago

TreeTopView

If it looks like a breakout and smells like a breakout, then it might be a breakout :)

2 months ago

troy88

Congrats to those who were patient with RHB

2 months ago

stkoay

Finally.....

2 months ago

TreeTopView

I'd like to repost an extract from a previous post I made, mainly for the relevance of the Fibonacci numbers mentioned. This was posted on April 9 and I think the figures remain relevant.

**************************************************************
Apr 9, 2022 12:00 PM | Report Abuse

This appears to finally be reaching towards the crossroads on a technical analysis. The question is, how long or short will the time period be before it takes an up or down direction. The last time it was in this position (or reaching this position) was in December 2021 and early January this year. Eventually it broke out to the upside on January 11th.

As a holder I obviously have a natural bias and believe the break will be to the upside. Trying to be unbiased, I'd think that a break and close above 6.08 would indicate that the Rm6 "psychological barrier" has fallen.. As it possibly moves into uncharted waters, I've use Fibonacci to determine some reference price points:

TP1: 6.10
TP2: 6.18
TP3: 6.29
TP4: 6.46

2 months ago

kllady_fidah

top candidate for Dig Banking ...HUAT CHAI!!!!

2 months ago

TreeTopView

Murmurs of the Digital Banking Licence being announced today.

https://klse.i3investor.com/web/blog/detail/ceomorningbrief/2022-04-29...

2 months ago

gohku

Rhb bank is a good bank to invest now, because still undervalue and have growth prospect.

2 months ago

TreeTopView

Clearly the perception of winning a digital banking license is seen by the market as a plus.
However, imo, if RHB were not to be one of the successful bidders I don't believe that it would dent its future growth prospects.

Do I want them to win a licence? Yes.
Is it a deal breaker if they don't get it? No.

2 months ago

TreeTopView

BNM awards digital banking licence to RHB-Boost, GXS Bank-Kuok Brothers, YTL-SEA, AEON Credit, KAF Consortium

2 months ago

TreeTopView

1) The above Company's securities will be traded and quoted "Ex - Dividend” as from: 17 May 2022
2) The last date of lodgement : 18 May 2022
3) Date Payable : 16 Jun 2022

On 28 February 2022, RHB Bank had announced a single-tier final dividend for the financial year ended 31 December 2021 of RM0.25 per RHB Bank Share ("Final Dividend") of which the shareholders of RHB Bank may elect to reinvest a portion of the Final 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 Final 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 RM5.17 per DRP Share.

2 months ago

prudentinvestor

RHB Bank's share price should hold at above RM6 a share when it trades ex-dividend on the 17th of next month. At an issue price of RM5.17 per DRP share, even those holding 2,000 shares should be able to make some money.

2 months ago

TreeTopView

prudentinvestor, I think any readjustment of the price when it goes ex dividend will probably be short lived, perhaps a bit similar as to how Maybank's price reacted to going ex dividend on March 16.
We also have to consider what the price will be the day prior to the ex date. By closing on its daily high on Friday at 6.25, my next target level is 6.29 if it keeps following its Fibonacci path.

Beyond that, we should be looking at 6.46 as a further Fib. point. It would be very bullish if it could reach there before the ex date.......but perhaps I'm setting my short term hopes a bit high :)

Although anything is possible with its current positive sentiment.

2 months ago

TreeTopView

BNM surprisingly raises rates earlier than expected.

https://www.theedgemarkets.com/article/bnm-raises-opr-2-record-low-175

1 month ago

Choongling

Interest rate up. So next month and onwards is secured. At least same as last quarter.

1 month ago

TreeTopView

RHB goes ex dividend on Tuesday after the public holiday. With the current price of 6.04 I obviously expect to see it go to 5.80 due to the 25 cent dividend.
I'd expect it to return to above Rm6 in the not too distant future.

1 month ago

Investfrog

RHB recently is a hot cake of digital banking. Will it convert to better bank ranking and replace CIMB ?

1 month ago

LouiseS

大马九大银行股哪一家最值得投资?
https://youtu.be/Q6Hw0ITlkvQ

1 month ago

Yt Chong

hello all the sifu, RHB dividend, reinvestment or cash out better?

1 month ago

Thirai Thiraviam

It depends on how many shares you have, and what platform you use. If you have at least 1,500 shares, then reinvest. If less, take the dividend.

If suppose you have 1,500 shares, you'd be entitled to 1,500 x RM0.25 = RM375 dividend. Of this, 1,500 x RM0.10 = RM150 could be reinvested at RM5.17 per share for 29 shares. Add RM13 stamp charges, etc., and your per-share cost would become RM5.62, which is slightly lower than the current market price. If you only have 1,000 shares, your per-share cost would become RM5.94.

1 month ago

Yt Chong

ya i just got 1,000 shares, confusing. thanks for sharing ya

1 month ago

prudentinvestor

RHB is trading at a PE of just over 9 and a dividend yield of almost 7%. Should be trading at a PE of at least 12.

1 month ago

smallseller

can expect good quarterly results to be released today

1 month ago

TreeTopView

The chart is showing early signs of a move up, following the drop in price since it went ex. dividend recently. No doubt we'll get confirmation one way ot the other with the upcoming quarterly report.
I'd be comfortable with a quarterly EPS around the 16 cent mark and anything else would be a bonus.

Fingers crossed.

1 month ago

TreeTopView

Headline results a little lower than I had hoped for but nothing fatal.
Need to spend a bit of time going though the report.

1 month ago

apprentice

PBT for 1Q22 is higher than 1Q21. With the cukai makmur, most banks will have reduced PAT for 2022.

1 month ago

TreeTopView

Yes, tax costs have increased plus booking payments of deferred taxes.

1 month ago

prudentinvestor

Should be able to maintain earnings at above 60 sen a share this financial year. Still trading at a cheap valuation.

1 month ago

bullmarket1628

Walaoeh, what happened?
Super damn hot man RHBBank today !
RHBBank closed at=> RM6.08 (+0.17) (+2.88 %) !

Heng ah, Ong ah, Huat ah !

1 month ago

prudentinvestor

Those who had bought RHB on Friday 13/5 at RM6.04/05 before it went ex-dividend the following Monday had made a correct decision. Now a cool RM0.25 gain.

1 month ago

prudentinvestor

I think EPF's 42% controlling stake in RHB Bank is way too high. It should pare down its stake to around 30%.

3 weeks ago

nicholas99

wait 2am powell announcement.

3 weeks ago

cwc1981

Seems like EpF only buying bank stock lately

3 weeks ago

TreeTopView

The technicals are beginning to look a little bit interesting for RHB........well, as interesting as anything can be in this current market environment!
This might be the start of a price "recovery" that has softened the price recently due to market sentiment and the 25 cent dividend drop.

I decided to look at the Maybank chart for any similarities that might show perhaps a slight change in bank sentiment. There is a hint of a possible reversal in the Maybank chart but perhaps not as defined as the RHB chart.

I'll be surprised in the Funds don't start to nudge bank stocks up during this second half of 2022, but I'm a bit reluctant to confirm whether this is the start of a move up or not.

Worth monitoring though, imo.

5 days ago

cwc1981

Hi Guys anyone have any info on Yellow Rock Foundation?

4 days ago

TreeTopView

cwc1981, it's linked to OSK.

1 day ago

cwc1981

Ok ok thanks TreeTopView

1 day ago

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