RHB BANK BERHAD

KLSE (MYR): RHBBANK (1066)

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Last Price

5.90

Today's Change

0.00 (0.00%)

Day's Change

5.88 - 5.95

Trading Volume

3,408,300

Details of Changes
Securities After Change
Transactions
Ann. Date Name Details of Changes Securities After Changes
Date Type No. of Shares Price Direct (%) Indirect (%) Total (%)
Discussions
2 people like this. Showing 50 of 2,488 comments

TreeTopView

Murmurs of the Digital Banking Licence being announced today.

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

2022-04-29 10:37

gohku

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

2022-04-29 10:43

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.

2022-04-29 11:31

TreeTopView

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

2022-04-29 15:18

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.

2022-04-29 18:14

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.

2022-04-29 23:05

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.

2022-04-30 12:44

TreeTopView

BNM surprisingly raises rates earlier than expected.

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

2022-05-11 15:48

Choongling

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

2022-05-11 17:22

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.

2 months ago

Investfrog

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

2 months ago

LouiseS

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

2 months ago

Yt Chong

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

2 months 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.

2 months ago

Yt Chong

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

2 months 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.

2 months ago

smallseller

can expect good quarterly results to be released today

2 months 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.

2 months 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.

2 months ago

apprentice

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

2 months ago

TreeTopView

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

2 months ago

prudentinvestor

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

2 months 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 !

2 months 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.

2 months 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%.

1 month ago

nicholas99

wait 2am powell announcement.

1 month ago

cwc1981

Seems like EpF only buying bank stock lately

1 month 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.

1 month ago

cwc1981

Hi Guys anyone have any info on Yellow Rock Foundation?

1 month ago

TreeTopView

cwc1981, it's linked to OSK.

1 month ago

cwc1981

Ok ok thanks TreeTopView

1 month ago

Yt Chong

when bank share will fly?

3 weeks ago

TreeTopView

@Yt Chong, I posted a couple of weeks ago that I thought the chart was starting to look a little bit interesting for a bit of a move north........although I mentioned I was a bit sceptical because of the market, I still got it wrong. Even an interest rate rise did nothing to move any of the banks.

Two weeks ago the KLCI was around 1,445 and today we are flirting with 1,415.........so I guess those two figures point out why RHB and other banks are currently sitting where they are. Overall market sentiment is woeful, which is understandable.

3 weeks ago

Yt Chong

sigh...

3 weeks ago

TreeTopView

Hoping for a break above 5.75 to break out of its current price band.
It needs a lot more volume though. Strangely, a lot of its current daily volume comes in during the end of day match up auction.
The chart's ok but it might be just as technically astute to toss a coin these days.

2 weeks ago

prudentinvestor

Now that the RM5.73 resistance has been broken, RHB is en route to greater heights? Hopefully it can go beyond RM6 so that I can unload a little bit just in case recession hits.

2 weeks ago

TreeTopView

RHB has finally broken out of the recent trading band, along with other banks.
Too early to say that this is the start of a sustained rise for banks for the second half of 2022, which has been touted so often in the first half of the year.

For the short term, I'd like to see RHB break 5.85 convincingly, then use that point as a short term support.

Let's see how it, along with other banks, plays out.

2 weeks ago

JJchan

RHB valuations are supported by OPR but not necessary the best of the best stock.
OSKH is more money for value. Half of its asset valuation is RHB ($5.80) and the other half worth($2.00)
But market only give 90sens

2 weeks ago

JJchan

OskH holding 10% of RHB Never benefit its market price for so long ( did reach $5.00 a few years back )

2 weeks ago

kyliew

US economy is technically in recession with the latest Q2 GDP data out

1 week ago

bullmarket1628

Walaoeh, what happened ?
Why today market big up +17.14 points to closed at => 1,507.71 points ? 

is it the announcement of dissolve parliament for 15th general election ?



Heng ah, Ong ah, Huat ah ?

5 days ago

TreeTopView

It feels a bit like deja vu following the RHB price points. With 5.85 broken and used as a support, the next logical target is around 5.97, very similar to its price path earlier this year.

With the quarterly due late this month along with an anticipated dividend attached to it, the question might be whether it has enough petrol in the tank to yet again break through 6.00 again.

Obviously as a holder, I hope so. Worth a BUY call to either top up or enter if it was to slip below 5.85, imo.

3 days ago

stockraider

Still cheap mah!

TP is Rm 9.00 mah!

3 days ago

cwc1981

Wah 9. So good

2 days ago

prudentinvestor

RM9 a share is achievable if earnings move up to over 70sen a share. Unlikely to happen this year or next. Even if RHB achieves this feat three years later, investors still stand to make lots of money if they invest today.

1 day ago

pang72

.... Sudah 5.90...
Tp9..

TQ..

11 hours ago

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