Posted by pinnaclegrade > 2023-02-27 15:00 | Report Abuse

Road to RM 6 +

Posted by stkoay > 2023-02-27 15:46 | Report Abuse

Very good report.

Apart from MBB and CIMB, I also own this.....but very funny, its price doesn't move much compared to MBB n CIMB, which performed much better

Posted by prudentinvestor > 2023-02-27 15:51 | Report Abuse

We have to thank EPF for keeping RHB Bank's share price depressed over the past few weeks so that small investors are able to buy RHB at below RM5.60 a share.

Posted by troy88 > 2023-02-27 16:15 | Report Abuse

Good QR. Coming back!

Posted by Berlin > 2023-02-27 16:20 | Report Abuse

I suspect it is EPF again selling a few million RHB shares around RM5.60 since liquidity is there ; its 42% core holding 1.7 billion shares remains intact, so no worries. Confirmation will come in a few days with announcement to Bursa. This is still a good price to buy.

Posted by prudentinvestor > 2023-02-27 16:39 | Report Abuse

EPF sold about 19.50 million RHB Bank shares over the last two weeks, more than the amount of drp shares it could be allocated.

Posted by stkoay > 2023-02-27 19:17 | Report Abuse

That's the problem with drp.....major shareholder will try to keep the price low during the price fixing.

Posted by stkoay > 2023-02-27 19:18 | Report Abuse

I noticed that previously with MBB.....major shareholders sold before the ex date announcement (during price fixing)

Posted by unicornbird > 2023-02-27 20:32 | Report Abuse

instead of playing with market price, wouldn't it be easier if EPF just get RHB to do private placement for new shares, at steep discount?

Posted by prudentinvestor > 2023-02-28 10:02 | Report Abuse

RHB Bank should be re-rated. It should trade at a PE of at least 10 or around RM6.50 a share instead of a PE of under 9. Maybank and Public Bank trade at a PE of around 13. RHB Bank seems to have been neglected by investors.

Posted by pinnaclegrade > 2023-02-28 11:26 | Report Abuse

Low Risk, high reward investment

Posted by prudentinvestor > 2023-03-01 17:03 | Report Abuse

Not so fast, may be after drp issue price has been determined.

Posted by prudentinvestor > 2023-03-02 10:21 | Report Abuse

Steadily going up but more room for gains before it trades ex-dividend.

Posted by rahulsk1947 > 2023-03-07 14:00 | Report Abuse

has dividend been announced? i don't see it in the entitlement listings

Posted by mashinmaro > 2023-03-07 14:38 | Report Abuse

No announcement yet rahul. Not sure if it is waiting for security commission to approve new share issue under DRP?
I am new.

Posted by Brutus > 2023-03-07 14:50 | Report Abuse

@rahulsk1947
@mashinmaro

Dividend of 25 sen already announced but without details of Ex-Date and Payment Date. Of the 25 sen, shareholders can elect 5 sen for DRP (details will come later).

Just be patient, the details will be announced in due time.

Posted by mashinmaro > 2023-03-07 17:30 | Report Abuse

Thank you @Brutus

Posted by stockraider > 2023-03-07 20:00 | Report Abuse

Veli good buy loh!
Steady gain mah!

Posted by prudentinvestor > 2023-03-08 11:51 | Report Abuse

Why are funds not buying a bank counter with a PE of less than 9 and a dividend yield of over 7? This seems unusual.

Posted by i3gambler > 2023-03-09 15:54 | Report Abuse

Sold all my MAYBANK and switched to RHBBANK.

Posted by prudentinvestor > 2023-03-09 20:19 | Report Abuse

My investments in RHB Bank and Maybank make up over 50% of my total investments in Bursa with investments in RHB Bank nearly 10% more than investments in Maybank. No intention of selling any of them in the near future.

Posted by speakup > 2023-03-09 20:35 | Report Abuse

smart move @prudentinvestor

Posted by prudentinvestor > 2023-03-10 10:01 | Report Abuse

I look for safe stocks with PEs of not more than 15 and yields of over 6%. Few counters listed on Bursa meet my requirements.

Posted by prudentinvestor > 2023-03-10 12:39 | Report Abuse

@pang72, if I buy 10,000 RHB Bank shares at RM5.67, my brokerage, stamp duties and clearing charges are as follows :---
Brokerage = RM56.70
Stamp duty = RM85.50
Clearing fees = RM17.01
Total charges = RM159.21
If I manage to sell at RN5.72 in the afternoon, total transaction costs would come up to around RM320. Still make RM180, not too bad but unlikely to be repeated everyday.

Posted by prudentinvestor > 2023-03-10 14:47 | Report Abuse

Sometimes when an opportunity arises, it is better to seize the opportunity and benefit from it. Excluding dividends, RHB Bank went up to as high as RM6.31 over the past 12 months. I would certainly sell some RHB shares should it rise to RM6.30 again before it trades ex-dividend.

Posted by i3gambler > 2023-03-10 17:01 | Report Abuse

Haha......I Q sell at 5.69,
Will try every evening.

Posted by prudentinvestor > 2023-03-11 11:55 | Report Abuse

I thought you just bought RHB Bank and now you want to sell it? If RHB Bank ever drops below RM5.50 again due to the collapse of Silicon Valley Bank, I would commit another RM10 to 15k to buy the counter.

Posted by i3gambler > 2023-03-12 09:34 | Report Abuse

Haha....Because someone pump up at Closing, so I hope to sell in the evening and buy back the next trading day morning.

Posted by pinnaclegrade > 2023-03-13 12:31 | Report Abuse

strong

Posted by prudentinvestor > 2023-03-13 16:27 | Report Abuse

DRP subscription price not confirmed yet, that is why RHB Bank not yet ready to move northwards.

Posted by LuoLi > 2023-03-14 15:12 | Report Abuse

Queue at 5.50

Posted by LuoLi > 2023-03-14 16:00 | Report Abuse

Matched 5.50

Posted by prudentinvestor > 2023-03-14 16:27 | Report Abuse

After getting your RM250 dividend, your cost becomes RM5.25 per share. You have made the right choice.

Posted by prudentinvestor > 2023-03-15 10:09 | Report Abuse

Accumulate more RHB Bank to enjoy the bumper 25 sen a share dividend. Don't miss your chance!

Posted by cn21 > 2023-03-16 10:04 | Report Abuse

瑞信宣布从瑞士央行借款500亿瑞郎
https://finance.sina.com.cn/world/2023-03-16/doc-imykznhc4573826.shtml

Posted by cn21 > 2023-03-16 10:13 | Report Abuse

Credit Suisse to borrow up to 50 billion Swiss francs from Swiss National Bank
https://finance.yahoo.com/news/credit-suisse-borrow-50-billion-012622362.html

Posted by cn21 > 2023-03-16 10:13 | Report Abuse

Credit Suisse to borrow up to 50 billion Swiss francs from Swiss National Bank
https://finance.yahoo.com/news/credit-suisse-borrow-50-billion-012622362.html

Posted by cn21 > 2023-03-16 10:37 | Report Abuse

Swiss central bank offers Credit Suisse liquidity
https://www.ft.com/content/0324c5a6-cecd-4fb3-85b3-7cdc99a33e4e

Posted by cn21 > 2023-03-16 10:42 | Report Abuse

Dow Futures +106
Nasdaq Futures +62

as at 10.41am 16/3/2023

Posted by Shines > 2023-03-16 13:21 | Report Abuse

The Country have this financial problem can turn green whereas Country not affected still red, what is this?

Posted by cn21 > 2023-03-16 13:28 | Report Abuse

瑞信向央行借资应对危机 欧股期货转涨 亚洲银行股仍跌
https://www.enanyang.my/%E5%9B%BD%E9%99%85%E8%B4%A2%E7%BB%8F/%E7%91%9E%E4%BF%A1%E5%90%91%E5%A4%AE%E8%A1%8C%E5%80%9F%E8%B5%84%E5%BA%94%E5%AF%B9%E5%8D%B1%E6%9C%BA-%E6%AC%A7%E8%82%A1%E6%9C%9F%E8%B4%A7%E8%BD%AC%E6%B6%A8-%E4%BA%9A%E6%B4%B2%E9%93%B6%E8%A1%8C%E8%82%A1%E4%BB%8D%E8%B7%8C

Posted by cn21 > 2023-03-16 13:30 | Report Abuse

欧股期货转涨
欧股期货转涨

Posted by prudentinvestor > 2023-03-17 12:31 | Report Abuse

RHB Bank's performance should improve once the DRP subscription price is confirmed and the dates for dividend entitlements are announced.

Posted by hng33 > 2023-03-23 15:42 | Report Abuse

bought rhb at 5.49

Posted by prudentinvestor > 2023-03-24 11:54 | Report Abuse

Should buy more if you have the money.

Posted by Manfromuncle > 2023-03-24 12:06 | Report Abuse

cheap sale now

Posted by nikicheong > 2023-03-24 12:53 | Report Abuse

Is it easy to subscribe to RHB's DRP? Can be done online?

Posted by Brutus > 2023-03-24 13:47 | Report Abuse

@nikicheong, can be done online and it is very easy to do so.

Posted by linges > 2023-03-24 14:03 | Report Abuse

5.45 seems nice price for avg down :)

Posted by prudentinvestor > 2023-03-24 15:56 | Report Abuse

Looks like DRP subscription price is going to be less than RM5. It was RM4.97 last time.