RHB BANK BERHAD

KLSE (MYR): RHBBANK (1066)

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Last Price

6.48

Today's Change

+0.03 (0.47%)

Day's Change

6.39 - 6.54

Trading Volume

7,512,300

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
3 people like this. Showing 50 of 3,923 comments

pang72

Payment Date
30-Sep-2024

1 month ago

Bursino

DY is coming down fast. Now 6.34. If it goes down lower, to consider cash conversion.

1 month ago

prudentinvestor

DY is still a very high 6.4%, more than twice local banks' 12 month fixed deposit rates. PE is still lower than 10.

1 month ago

Tehkim1295

NEXT 5 YEARS OUTLOOK NUMBERS

Retailers can use some basic mathematics to understand how management set the expectations on growth & payouts

i) ROE – widely used metric to indicate management efficiency. Let’s assume in the next business plan, a 10% sustainable, achievable target is set.

ii) EPS growth – Management to set. Let’s assume they look at 3 scenarios of high, medium, low growths.

iii) Dividend payout ratio – DPR is surprisingly a useful lever used to manage i) & ii)

We work out some calculations* below and notice the following EPS – DPR mapping:

EPS growth corresponding DPR
High 4.5% 55%
Med 3.5% 65%
Low 2.5% 75%

Calculations*:
DPR 55.00%
Target ROE BV EPS DV RE Implied EPS growth
10% 2024 7.20 72 40 32
10% 2025 7.52 75 41 34 4.5%
10% 2026 7.86 79 43 35 4.5%
10% 2027 8.22 82 45 37 4.5%
10% 2028 8.59 86 47 39 4.5%
10% 2029 8.97 90 49 40 4.5%
2030 9.38

DPR 65.00%
Target ROE BV EPS DV RE Implied EPS growth
10% 2024 7.20 72 47 25
10% 2025 7.45 75 48 26 3.5%
10% 2026 7.71 77 50 27 3.5%
10% 2027 7.98 80 52 28 3.5%
10% 2028 8.26 83 54 29 3.5%
10% 2029 8.55 86 56 30 3.5%
2030 8.85

DPR 75.00%
Target ROE BV EPS DV RE Implied EPS growth
10% 2024 7.20 72 54 18
10% 2025 7.38 74 55 18 2.5%
10% 2026 7.56 76 57 19 2.5%
10% 2027 7.75 78 58 19 2.5%
10% 2028 7.95 79 60 20 2.5%
10% 2029 8.15 81 61 20 2.5%
2030 8.35

1 month ago

cheeseburger

market is preparing share price adjustment after pay out next monday. First mover advantage, the rest will follow suit.

1 month ago

prudentinvestor

Too bad, unable to hold above its ex dividend price of RM6.15. Hope it doesn't drop further.

1 month ago

Reggie

Have anyone receive the dividend?

1 month ago

mf


Nikkei 225
38,042.50 38,441.00 37,898.50 -1,779.00 -4.47%

1 month ago

minichart

https://www.minichart.com.sg/2024/09/30/rhb-bank-upgraded-to-buy-amid-strong-profit-growth-and-improved-asset-quality/

Pre-Provision Operating Profit: RHB Bank has demonstrated a strong trend in pre-provision operating profit, contributing to the upgrade in the stock’s rating.
Improving Asset Quality: RHB Bank’s asset quality has shown improvement, which supports the positive outlook for the bank’s future performance.

Thank you

1 month ago

prudentinvestor

When Maybank and CIMB Bank went up, RHB Bank seldom followed but when they dropped, it followed instantly and dropped even more sharply. Sad!

1 month ago

speakup

drop = buying opportunity isn't it? yes? no?

1 month ago

prudentinvestor

Waiting for it to go up and then sell rather than for it to come down and then buy.

1 month ago

Tedinvestor

BUY? Are you confident that the bull is still intact? Unless Federal Reserves cut interests rate or else the ringgit will continue to slide.

1 month ago

prudentinvestor

Yes, buy! Around RM5.50 is a very good buy but that level is a dream price now.

1 month ago

Mytime

I made the right decision about selling Maybank and invested in RHB. Now I owned more units shares in RHB compared Maybank. Paper gains also 50% higher than Maybank. I hope future dividend can maintain at 40 cents

1 month ago

prudentinvestor

Moving up at a snail's speed. If it can consistently inch up by 1sen every week, that would be 52sen or 8% a year. Still not too bad.

1 month ago

prudentinvestor

Moving up faster now after HLIB raised its TP to RM7.30 but still a long, long way to catch up with CIMB Bank.

1 month ago

stkoay

@prudentinvestor, Congratulation !

1 month ago

prudentinvestor

I would be ecstatic if it could reach RM8 a share. Would likely start selling even before it reaches RM8, haha!

1 month ago

SilverJoyce

hi

1 month ago

GoodBrother

Friend, if you think you have a deep understanding of stocks, you can join me to discuss it.

1 month ago

xiaochen

Even turtle can fly high...outside of my expectation.

1 month ago

alyson97

Mr GreenTrade, the gain is now 740% compared to my purchase price lol. But I am not that greedy la.... satisfied with almost 200% gain. It was such a good opportunity to have an undervalued bank stock + warrant below its intrinsic value. Not sure if there is such opportunity again.....

1 month ago

prudentinvestor

Smart investor. Can get rich fast if you invest in a big way.

1 month ago

xiaochen

The push is ready for coming fall.
No eye to see on Monday.

1 month ago

xiaochen

Will joint neighbor stock market for the very first time.

1 month ago

prudentinvestor

Over the past one year, RHB Bank has just risen by 14.64% (from 5.60 to 6.42) whereas CIMB Bank has gone up by 45.02% (from 5.62 to 8.15). If your forecast is accurate, CIMB investors should be more worried.

4 weeks ago

jeffrey1166

tp can set 8 above

4 weeks ago

jeffrey1166

mm accumulating

4 weeks ago

xiaochen

Haha, no impact at all.

4 weeks ago

prudentinvestor

Some investment banks had predicted a drop when the market opened this morning but it was not the case, fortunately.

4 weeks ago

Bursino

RHB share price hit my TP of 6.50. Since investment banks have upgraded RHB's TP to 7.50, I am now adjusting my TSP to 6.80 accordingly 😁

3 weeks ago

Tedinvestor

Nice

3 weeks ago

pang72

Rhb is lagging to other big bank like mbb, cimb...
It is time to catch up in term of 6%+++ attractive dividend yield

3 weeks ago

pang72

Rhb tp7. 50 still lagging to cimb at $8.20 today 23Oct24

3 weeks ago

prudentinvestor

RM6.51 now. Incidentally it is also the highest in nearly 10 years but still a long way to catch up with CIMB.

3 weeks ago

pang72

Rhb shall at least stand at nta $7.20 which is the only one below nta. Undervalued sia!

3 weeks ago

troy88

Congrats to the patient holders of this dividend stock. Should be gunning for RM7 soon..

3 weeks ago

pang72

The only 6% dividend yield bank below $10

3 weeks ago

prudentinvestor

HLIB has lifted its net profit estimates for RHB Bank by 4%-5% or around 3sen a share for the financial year ending Dec 31, 2024. This means it's EPS would come in at around 70sen a share. Assuming a conservative PE of 10, this would mean RHB is worth at least RM7 a share.

3 weeks ago

pang72

Rhb is cheapest bank...
70c eps is amazing

3 weeks ago

prudentinvestor

Should be trading at above RM7 a share instead of below RM6.50. Hopefully this is achievable after the release of its third quarter financial results.

2 weeks ago

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.

1 week ago

pang72

Under new president Trump must hide inside dividend stock

1 week 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.

1 week 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. 🤔

1 week 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.😲😲😲

1 week ago

Bursino

Sensible. Thanks.

1 week ago

pang72

Yes! Agreed.

1 week 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🤣🤣

16 hours ago

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