prudentinvestor

Since climbing above RM6 a share two months ago, it has not dropped before RM6 again. Good chance that its share price could scale higher.

2 months ago

pang72

Under new president Trump must hide inside dividend stock

2 months ago

prudentinvestor

Banks should do well this year. DBS bank has turned in a record third quarter profit, with an eps of SGD0.98 despite a 1 for 10 bonus issue earlier this year.

2 months ago

Bursino

Sell RHB to add AmBank. AmBank traditionally announce dividend with Q3 results. any upwards gain in price from both of them is likely to be at par. 🤔

2 months ago

prudentinvestor

Only 6sen a share for the past two years. RHB Bank's yield is still much better though AmBank has a lower PE. It is OK if there is no brokerage. I would commit fresh capital rather than sell my RHB in exchange for another bank counter.😲😲😲

2 months ago

Bursino

Sensible. Thanks.

2 months ago

pang72

Yes! Agreed.

2 months ago

prudentinvestor

Creeping up slowly ahead of the announcement of its latest quarterly financial results. Perhaps is an indication that it would be better than the previous two quarters. Hope I am right🤣🤣

2 months ago

prudentinvestor

Results are expected to be released next week. Hope it could make above 18sen a share. This may drive its share price towards RM7.

2 months ago

prudentinvestor

At RM6.61 a share, RHB Bank's closing price today is incidentally its highest since late September 2014. Nonetheless, I am still envious of CIMB Bank's performance.

2 months ago

troy88

Slow coach but at least it's climbing up. Should get to RM7 eventually..

2 months ago

prudentinvestor

Moving towards RM7 and beyond. Third quarterly results expected to be good.

2 months ago

Bursino

@prudentinvestor
Many thanks. I held onto RHB and added some AMMB. Best of both worlds.

2 months ago

Bursino

CIMB EPS 69 sen and trading at PB 1.3x. RHB EPS 61 sen trading at 0.93 PBV. I know it is silly to assume, but hoping RHB to trade at 1.0 PBV isn't asking for too much. 😁

2 months ago

troy88

Looking good. Still lagging behind CIMB but catching up bit by bit..

2 months ago

stkoay

@prudentinvestor Congratulation !

2 months ago

prudentinvestor

Totally no capital gains in 2021, 22 and 23. Only managed to get some dividends with an average yield of just over 7%. This year isn't too bad. Total gains about 30% since the beginning of the year. Hope it continues to move forward like CIMB Bank.

2 months ago

stkoay

@prudentinvestor got strong hands 👍
...I guess some have already "cabut" 😀

2 months ago

prudentinvestor

@stkoay, you are very humble, your holdings in Maybank are already worth multiple times my total portfolio.

2 months ago

stkoay

No la, I only play play a little on 2...3...banks, hoping to dapat cari makan....nasi lemak and minum teh tarik 😊
...unlike you, who own so many counters.

2 months ago

stkoay

I observed that you do good home work on the stocks you own.
Good job 👍👍👍

2 months ago

smartly

superb result. will surpass RM7 soon.

2 months ago

skybursa

GOOD GOOD GOOD

2 months ago

prudentinvestor

I was only hoping for an EPS of not less than 18. Looks like full year earnings would exceed 70sen a share. RM7 a share definitely not far away.

2 months ago

Yt Chong

keep collect, for high dividend

2 months ago

troy88

Well done!

2 months ago

terribleinvestor

made a good decision with this bank instead of Maybank, over 22% return so far this year

2 months ago

prudentinvestor

Despite announcing a set of impressive third quarter results and buy recommendations from quite a number of IBs, RHB Bank's share price still faced strong selling pressure this morning. Really no logic.

2 months ago

Tehkim1295

2023A NTA @ 6.4
2024F NTA @ 6.7
2025F NTA @ 6.9

Today MP @ 6.6

Is this a

i) Value trap

or

ii) Value grab?

2 months ago

prudentinvestor

Investors who had sold their RHB shares at above RM6.80 a share last week can buy back now.

1 month ago

HKHedgeFund

FKLI all in and keep long for DEC

1 month ago

eastern_joy

I have some at 5.45, so wait for RM7?

1 month ago

HKHedgeFund

Due to dividend tax over RM100K, now corporate plan to readjustment the share price to market value instead of paying dividend

1 month ago

prudentinvestor

Average EPS over the past three years was about 65sen and dividend was 40sen a share. At RM6.50 a share, it is still trading at a PE of about 10 and a dividend yield of 6.15%. This year's EPS should exceed 70sen, so it is still a good bet at this level.

1 month ago

stkoay

https://www.malaymail.com/news/money/2024/12/09/midf-local-institutions-dominated-bursa-malaysia-with-rm106b-net-buying-surge-last-week/159322

KUALA LUMPUR, Dec 9 — Local institutions continued to be Bursa Malaysia’s primary supporters, with net buying skyrocketing nearly fivefold to RM1.06 billion last week from RM207.7 million recorded in the week before.

Local institutions’ interest focused on Tenaga Nasional, Maybank, CIMB, AMMB, and RHB Bank, which were the top stocks to record weekly net inflows last week.

1 month ago

prudentinvestor

As the second most heavily sold down stock by foreign funds so far this year, RHB Bank's share price is still up by almost 20% since the beginning of the year. Not a small achievement.

1 month ago

prudentinvestor

People here withdraw money from the EPF to spend, not to invest in the stock market.

1 month ago

prudentinvestor

Wow! Drops below RM6.36 support level but volume extremely low. Maybe would rebound fast.

1 month ago

dawchok

Q to buy at 10% below its recent peak.

1 month ago

dawchok

MBB: Downgrade RHB to HOLD
RHB’s 9M24 results were within expectations, and our forecasts are maintained. Our MYR6.80 TP is unchanged and is pegged to a CY25E P/BV of 0.9x (COE: 10.5%, g: 4%, ROE: 9.8%). RHB’s share price has performed well, and with limited upside to our TP, we downgrade the stock to HOLD. Dividend yields of c.6% provide support.

1 month ago

prudentinvestor

From a high of RM6.83 just over 3 weeks ago to RM6.30 today, that is a heavy fall. Many have been hurt.

1 month ago

stkoay

Those who took profit when it was GOOD, can now buy back for a 50 sen profit....7+% in just few weeks.

1 month ago

prudentinvestor

Whether it is upgrade, downgrade or hold, I won't be selling at this level. Would wait until the announcement of its full year results and the quantum of final dividend, then only make a decision.

1 month ago

prudentinvestor

RHB Bank closed last year at RM5.45. Even if it closes today at RM6.40, it is still an impressive gain of 95sen a share, excluding the 40sen a share dividend.

1 month ago

terribleinvestor

my cost basis is still RM 5.53. im just waiting for another small pump or rally then will sell half. Worst case, just wait for it to slow climb back up again.

3 weeks ago

prudentinvestor

Dropped 8% from its recent peak, then recovered 3% only to drop back again. Still weak.

3 weeks ago

Tehkim1295

2023A NTA @ 6.4
2024F NTA @ 6.7
2025F NTA @ 6.9

Today MP @ 6.3

Is this a

i) Value trap

or

ii) Value grab?

2 weeks ago

prudentinvestor

As long as RHB Bank continues to pay me 40sen a share dividend each year, I am not worried about what trap I may fall into, whether it is value trap, mouse trap or booby trap.

2 weeks ago

KingKKK

https://klse.i3investor.com/web/blog/detail/bestStocks/2025-01-15-story-h497929229-Technical_Outlook_RHBBANK

2 weeks ago

prudentinvestor

Singapore banks should do very well last year and would continue to do well this year. Local banks should do well too but their performance is not reflected in their share prices with the exception of CIMB and AmBank. Long way to go for RHB Bank to catch up.

9 hours ago