RMB Holdings announces results for the year ended 30 June 2012, as follows:
Normalised earnings up 23% to 296.5 cents
Dividend up 24% to 125.5 cents
Intrinsic value up 34% to 3477 cents
RMB has been a stellar company, performing year in year out.It now has interests in FNB, RMB and Wesbank.It is a long-term hold, it is fairly valued at the current price of R36.
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