RHB BANK BERHAD

KLSE (MYR): RHBBANK (1066)

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Last Price

5.66

Today's Change

-0.02 (0.35%)

Day's Change

5.63 - 5.69

Trading Volume

4,385,800

Overview

Market Cap

24,040 Million

NOSH

4,247 Million

Avg Volume (4 weeks)

3,417,575

4 Weeks Range

5.63 - 5.78

4 Weeks Price Volatility (%)

20.00%

52 Weeks Range

5.43 - 6.31

52 Weeks Price Volatility (%)

26.14%

Previous Close

5.66

Open

5.65

Bid

5.65 x 200,000

Ask

5.66 x 967,300

Day's Range

5.63 - 5.69

Trading Volume

4,385,800

Financial Highlight

Latest Quarter | Ann. Date

30-Sep-2022 [#3] | 29-Nov-2022

Next QR | Est. Ann. Date

31-Dec-2022 | 28-Feb-2023

T4Q P/E | EY

9.37 | 10.68%

T4Q DY | Payout %

6.87% | 64.35%

T4Q NAPS | P/NAPS

6.60 | 0.86

T4Q NP Margin | ROE

21.03% | 9.15%

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 2,603 comments

prudentinvestor

Bank stocks are doing well today, probably heralding the return of political stability after the general election.

2022-10-20 10:24

TreeTopView

"probably heralding the return of political stability"

That fantasy is even more fanciful than me having my own personal harem filled with exotic beauties from around the world.

2022-10-20 10:52

thesteward

Gogo rhb

2022-10-20 11:23

prudentinvestor

TTV, the political situation in the country can't be more unstable post GE15. Even the Palace had issued a statement saying that the Agong had consented to the dissolution of Parliament in order for a new and stable government to be elected.

2022-10-20 12:35

TreeTopView

prudentinvestor, I assume that you have considered the various options/parties that the new government may consist of?
I have envisaged at least three options.............and none of them fill me with any level of confidence in regards to stability.

2022-10-20 13:03

Bursascreener

Last 2 days very good, and today seen a breakout at 5.71. 20, 50 and 200 Moving average indicates that price will go futher

2022-10-20 16:48

stkoay

Walao eh 5.6m shares done at single trade during pre close

2022-10-20 17:01

stkoay

“GE15 is drawing some funds (local and foreign) into the local market on expectations a big win for one of the parties could lead to a more stable leadership and better policy outcomes.

The fresh buying of local stocks by funds could be an early “window dressing” move triggered also by multi-year low valuations and underpinned by an improving domestic economic activity with Phua stating Phillip Research’s inhouse forecast is for the benchmark FBM KLCI to hit 1,571 points prior to Nov 19 (election day) as funds rotate money into sectors like banking and telecommunication companies from glove makers, oil and gas or even the technology counters.

https://www.thestar.com.my/business/business-news/2022/10/26/strong-govt-post-ge15-crucial-for-fbm-klci#cxrecs_s

2022-10-26 12:07

TreeTopView

stkoay, I'm more than a bit dubious about the prediction of the KLCI hitting 1,571 by Election day. A 120 point rise in around 4 weeks are things dreams are made of...lol.....but stranger things have happened :)

As for RHB, it still remains frustrating to watch it float around at current levels, particularly as I'd expected it to be over Rm6 this year. Once the dividend payout and DRP are over and done with by November 7 I'm expecting a bit more interest in this stock.

Let's hope so, anyway.

2022-10-26 12:28

Plantermen

Hold for long term growth. EPF is the majority owner of RHB group. Solid balanced sheet

2022-11-04 22:23

TreeTopView

I might be wrong, but with a new Government and a more than likely chance of end of year window dressing in certain sectors we might see some gradual moves with some/most of the banking stocks.

The banking sector seems to me to have a more than an even chance of rising during this period as it's seen as a sector a bit safer than some others.

Just my thoughts, however worth watching for increasing interest, imo.

2 months ago

TeckGor

RHB Bank Bhd group managing director and CEO Mohd Rashid Mohamad said there is likely to be continued challenges of limited fiscal space, inflationary pressures and labour shortages in 2023.

However, he maintained the bank's fundamentals remain strong and it would continue to closely monitor asset quality moving forward.

"We are also mindful that some of our customers are still recovering from the impact of the Covid-19 pandemic and as such, will continue providing the necessary support and assistance especially to the most vulnerable groups within the community," he said in a statement.

2 months ago

TeckGor

RHB posted a net profit of RM700.48mil in 3Q22, up from RM635.59mil in the previous corresponding quarter, on higher net fund-based income, the absence of modification loss and lower expected credit losses (ECL).

Earnings per share was 16.63 sen compared with 15.64 sen in the previous same quarter.

Revenue was reported at RM3.48bil, up from RM3.03bil in the comparative quarter.

For the nine months period to Sept 30, 2022, RHB's net profit was RM1.94bil, slightly lower than RM1.99bil in the 2021 period while revenue was RM9.33bil, up from RM8.86bil in the year-ago period.

2 months ago

TreeTopView

Good solid results, shareholders should be content with the headline figures.

It continues to baffle me why this bank is trading below Rm6.

2 months ago

cwc1981

Good result. Any expectation on how much dividend going to declare by end FY 2022?

2 months ago

TreeTopView

There will be a dividend attached to the next quarterly, so not payable in 2022.

2 months ago

Brutus

Excellent QR, expecting at least 25sen dividend next quarter. Importantly hope that there is the Dividend Reinvestment Plan as well.

2 months ago

stockraider

Good result...can start accumulate loh!

2 months ago

prudentinvestor

Don't know why RHB Bank's share price comes down even after reporting improved results. Opportunity to accumulate.

2 months ago

TreeTopView

@Prudentinvestor, yep its got me scratching my head why the banks are lacklustre today. I was expecting a move from all of them on the back of very good results but they sit there like a stale bottles of piss.

Surely it's a matter of when and not if they eventually get moved up by the Funds.

2 months ago

apprentice

RHB, CIMB, Maybank and Public Bank all down at close in spite of good QR. Only Ambank is doing some catch up.
Looks like people prefer speculative stocks rather than profit making counters.
Banks are making good profits and are boring stocks. Like what Warren Buffet said, making money is a boring business. There must be some truth to it.

2 months ago

TreeTopView

I'm expecting some end of year window dressing in some sectors over the next few weeks. I'm already scratching my head as to why the banks have been lacklustre recently, particularly after reporting solid quarterlies, so I will be even more perplexed if they don't move upwards over the immediate short term.

Hope is not an investment strategy, although I'm hoping the banks start to make a move in the upcoming week :)

2 months ago

chongwee

anwar in power rasid hussain come back

2 months ago

TreeTopView

Maybe.....just maybe this might be the start of the banks finally making the predicted upward move.

RHB needs to break 5.70 to start to look interesting.

2 months ago

ikanbiliskering

sudah 5.70

2 months ago

prudentinvestor

Steadily moving up. Hopefully it could go beyond RM6 by the end of the month.

1 month ago

TreeTopView

RHB seems to follow the same path, whether it is going up or down.

If this is the genuine start to an upward leg, then perhaps look firstly for a break of 5.70.
If that gets broken then the usual drop off points are around 5.75, 5.85, 5.91 and 5.97.

Let's see how it plays out this time if it breaks 5.70.

1 month ago

ikanbiliskering

break 5.70, good sign?

1 month ago

prudentinvestor

CIMB Bank has performed much better over the past 25 months. It has gone up by 100% from around RM3 if dividends are included. RHB Bank has gone up by less than 50%. A lot of room to catch up.

1 month ago

pang72

Bank drop juga...
Ada susah sikit

4 weeks ago

ikanbiliskering

can't even break rm6

1 week ago

serbatipu

Next week

1 week ago

TreeTopView

You can forget about Rm6 for now, as it needs to break Rm5.80 convincingly and use that as a support level before it can go anywhere.
I remain surprised that RHB hasn't been able to take on Rm6 over recent months, however I still believe that it is only a matter of time before it eventually does.

1 week ago

prudentinvestor

RHB Bank's 2022 earnings should exceed 60 sen a share again. With an interim dividend of 15 sen a share, the same as last year, I expect the final dividend to be maintained at 25 sen a share also. It shouldn't be trading at a PE of less than 10. A PE of 12 to 13 should be more reasonable.

1 week ago

TreeTopView

@prudentinvestor, absolutely no disagreement with you there. Even with a very conservative PE of 10, this should already be above Rm6. With an annual dividend at currently 40 cents it will give a dividend yield of 6.6% with a Rm6 price tag.

As EPF own a major chunk of RHB, almost 41%, we retailers have to sit and be patient on when EPF actually want to take this stock price higher. I am still very optimistic that once the KLCI convincingly breaks 1,500 we will see a lot more strength in the RHB price point.

Until then, we wait and happily take up the dividend yield for now :)

Cheers.

1 week ago

stockraider

A good bank for long term investor to park his money mah!

1 week ago

speakup

General Raider, need your advice.
speakup holding Ambank, got 50% paper gain already. do u think better to swap my Ambank to banking laggard Bimb?

1 week ago

stockraider

I will not go for BIMB.!

For banks better go for

Rhb and Affinbank if u want good earnings n good dividends with big undervaluation loh!

1 week ago

speakup

TQ General Raider
speakup already got OSK, an indirect proxy to RHB.
Ok will look into Affin. But Affin not really a laggard compare to Bimb.

1 week ago

stockraider

Banks u need to look at the price to book value, ROE, EPS Growth, Asset quality etc!


Affin & Rhb looks good here loh!

And the good dividend yield will be a good defense reasons for u to hold, while u wait loh!

1 week ago

speakup

the thing that bothers me about Affin is they disposed the crown jewel in AHAM, can they maintain their previous performance matrix moving forward?

1 week ago

prudentinvestor

I don't think we can find another counter listed on Bursa Malaysia which has a PE of less than 10, a dividend yield of 7% and a NTA which is higher than its market price.

1 week ago

ikanbiliskering

hmmmm....

5 days ago

serbatipu

Come back after 10 days

4 days ago

prudentinvestor

Would consider increasing my investment in RHB bank should its earnings for year 2022 exceed 60 sen again and its final dividend be maintained at 25 sen a share.

3 days ago

Income

Cheap

2 days ago

pinnaclegrade

will accumulate more upon weakness

1 day ago

serbatipu

Tomorrow onwards no more below 5.7

1 day ago

prudentinvestor

Just like Maybank, this counter is also value for money. You won't lose sleep over investments in RHB bank.

1 day ago

speakup

maybank, rhb, cimb, pbbank, hlbank semua bagus
only 2 tak bagus: mbsb & bimb

21 hours ago

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