Rmb Holdings traded at 49.00 this Monday July 6th, increasing 1.00 or 2.08 percent since the previous trading session. Looking back, over the last four weeks, Rmb Holdings gained 2.08 percent. Over the last 12 months, its price rose by 16.67 percent. Looking ahead, we forecast Rmb Holdings to be priced at 46.50 by the end of this quarter and at 42.27 in one year, according to Trading Economics global macro models projections and analysts expectations.
RMB Holdings Limited (RMH) invests in financial services assets. The Company is also focused on the property sector. The Company evaluates and implements geographic, business and product diversification in RMH and across the portfolio. It has interest in FirstRand Limited (FirstRand), a Southern Africa financial services group. FirstRand comprises four financial services franchises: First National Bank, which is the retail and commercial bank; WesBank, which is engaged in the installment finance business in the retail and corporate, and commercial segments; Rand Merchant Bank is the corporate and investment bank, and Ashburton investments, which is an investment manager. Its property portfolio consists of two portfolios: core portfolio, which targets the traditional business areas and includes its investment in Atterbury, and specialist portfolio, which focuses on various areas of the sector and includes its investment in an urban renewal company, Propertuity Development Company.