RMBHF trade ideas

PDSnetSA

Rand Merchant Bank Holdings (RMH) has undergone significant transformations in its corporate structure and portfolio. Initially, RMH was established 41 years ago by GT Ferreira, Laurie Dippenaar, and Paul Harris. It was listed on the JSE in 1992 and later spun off Rand Merchant Investment Holdings in 2011. Over the years, RMH had a substantial stake of 34.1% in...

PDSnetSA

Rand Merchant Bank Holdings (RMH) is a company which used to own 34,1% of Firstrand and, since 2016, has been investing in property. RMBH was started 41 years ago by GT Ferriera, Laurie Dippenaar and Paul Harris and listed on the JSE in 1992 and split off and separately listed Rand Merchant Investment Holdings in 2011. RMH Property was formed with the acquisition...

ThatoMadira89

We will soon see a 15% growth increase on profits and in the next month. Psalms 16:5 The LORD is the portion of mine inheritance and of my cup: thou maintainest my lot.🙏🕊️

T2TWELL

RMH is forming a 5 month IHS pattern. a break above the neckline above R1.75 mark will confirm the breakup

Dirty3bone

I foresee the company's price share being bullish to gain enough strenght to test the previous highs of 210 before testing the lower highs again of 152

TradingMzansi

Liking the triangle setup forming here, hoping for a break upward. What do you think?

omobooming

MORE ROOM FOR RMB SHARES TO TANK BEFORE RECOVERING

AfroTez

Expect a dip after dividends. Generally still in an uptrend and not expecting the coming dip to be a catalyst for a trend change. Seeing the general growth, the upcoming dip would be a good time to buy in. We will relook at the stock movement after the payment.

UnknownUnicorn1416836

Has broken above R1.30 on $JSERMH

surecanweight

RMH has fallen back down into a tight triangle pattern possible a false break down we will have to wait and see you could also say it is a wedge pattern forming but due to the short time frame ie: 2 cycles instead of 10 to 50 cycles i will call it a triangle formation.

waseemyadam

My opinion on rmh

MrGRAS Updated 

Not expecting too replacement in the short term in the short term

Bart10000

Break down sell follow trend wait for the move enter small risk trade

KoosKanmar

The gap that opened after the announcement that they will sell assets and delist is now closed. We need to watch carefully how buyers now respond. Could be an opportunity to add if the neckline of the cup and handle formation holds. Waiting.

KoosKanmar

The current value unlocking corporate action of RMH also triggered a TA cup and handle break with a buy signal and a 9060 target price.

RossLarter

JSE:RMH formed a symmetrical triangle pattern which it broke out of and closed with yesterday's move. Chances are, it will continue to move upwards after the breakout. If it confirms above the fractal level, I will enter long.