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RMH sitting at R0.49 is nothing special given what FirstRand owns here. The wealth and investment banking arms should be worth more on a sum of parts but market's not pricing that in. Put an order at R0.47 last week, didn't get filled. Good day to top up if you believe in the rand recovery story and banking spreads normalising again, otherwise just wait for clearer direction.
rmh sitting at r0.49 is basically a hold at best. firstrand carrying it but the asset management side keeps getting squeezed. who's actually making money here besides the bankers.
RMH AT R0.49 IS CRIMINALLY CHEAP FOR WHAT YOU GET IN WEALTH MANAGEMENT AND INVESTMENT BANKING!! LOOK AT WHAT INVESTEC DID OVER THE LAST 3 YEARS, RMB HAS THE SAME FRANCHISES AND BETTER FIRSTRAND BACKING!! PEOPLE PANIC SELLING BUT THE ASSET MANAGEMENT FEES AND M&A PIPELINE ARE MASSIVE, THIS THING RIPS TO R2+ IN 24 MONTHS!!
RMH sitting at R0.49 is pricing in some real concerns on the wealth and investment banking side, especially with FirstRand being the parent. Thing is, the asset management book hasn't cratered like sentiment suggests, the underlying earnings power is still there if you dig into the divisional breakdown. Could read as panic from fund managers but the fundamentals on capital adequacy aren't broken.
RMB at 48 cents is basically treading water, but the trading statement should give us a clearer picture on earnings momentum and whether they're managing costs properly in this rate environment. If they've maintained dividend capacity while growing revenue, there could be value h
Picked up more RMH at R49 today with that 2% bounce, reckon the financials sector rotation is finally gaining traction and this one's been beaten down enough to offer decent value.
RMH catching some momentum at R49 this morning, up just over 2 percent. Financials are having a better week but I'm waiting to see if this holds above the 50 mark before getting too excited about the bounce.
RMH up 2% today, wonder if this is the bounce I've been waiting for or if I should've bought lower yesterday like I planned?
Took profits on half my RMH position at R48 after the 2% pullback, given we're late-cycle and financial services valuations are creeping up while rate-cut timing remains uncertain. The financials rotation into cyclicals will face headwinds if economic data softens, so I'm keeping
RMH breaking above the R48.50 resistance with that 2.08% pop today. Comparing to Investec and Sanlam, RMH's chart shows cleaner structure off the lows, though it's lagging on relative strength compared to those larger cap plays in the financials.
Jumped in on RMH at R49 this morning after seeing that 2% bump, hoping it keeps running but ja nee, I know I should probably just hold and stop checking the price every hour.
RMH taking a 2% knock today, though the pullback looks more like noise than signal given the financial services sector's sensitivity to rate expectations.
RMH trading at R48.00 after today's 2.04% dip presents an interesting income opportunity if the dividend sustainability holds up under current market conditions. The financial services space is under pressure with rate cycle uncertainty, but RMB's diversified wealth and investmen
RMH dropping 2% today got me wondering if the market's overreacting to broader financial sector weakness, or if there's something specific about their property holdings deteriorating that we should be concerned about. Anyone tracking their latest LTV ratios and whether the distri
RMH trading at reasonable valuation after today's 2.13% pop, but I need to see improvement in return on equity and net interest margin compression before getting excited. Balance sheet remains solid with decent capital ratios, though the investment banking division's volatility w
RMH dropped 2.08% today to R47, but it's still holding better than some of the other financial stocks that got hammered this week. Our stokvel is keeping it because the financials sector is having a tough time overall, so this isn't really RMH's problem alone.
RMH down 2.08% today to R47.00, but I reckon this is noise rather than fundamental deterioration. The financials sector's been under pressure lately, yet RMH's exposure to property lending and development finance actually positions them decently for a potential rebound once senti
RMH down 2% today but the financial services space is getting hammered across the board. I'd need to dig into their latest dividend yield and whether they're maintaining earnings quality through this cycle, because asset managers live or die by AUM retention and client confidence