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eric998 Supreme	05-Aug-2019 16:01        eric998 About Contact  Quote this Post!
x 0   x 0  Alert Admin	waiting for 10+
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trademaster Supreme	05-Aug-2019 13:57        trademaster About Contact  Quote this Post!
x 0   x 0  Alert Admin	Uob also recovering FATABA      ( Date: 05-Aug-2019 13:43) Posted: ?è   Oversea-Chinese Banking Corp Ltd&ndash   Catch-up in NIM expansion Recommendation: ACCUMULATE (Maintained), Last Close Price: S$11.21 Target Price: S$12.50, Analyst: Tin Min Ying   2Q19 revenue/PATMI  was in line with our estimates. Strong NIM expansion of 12bps YoY and 3bps QoQ to 1.79%, due to a catch-up in loan repricing and better utilisation of deposits. Wealth management fees surged 17% YoY to $262mn, its highest level in five quarters. Life insurance profit from GEH fell 26% YoY due to decline in discount rate used to value long-term insurance contract liabilities. Credit costs normalised to 15bps after higher provision was taken in 1Q for the OSV sector. NPL ratio remained stable at 1.5% (2Q18: 1.4%).  Declared interim dividend of 25 cents/share,  25% higher than a year ago. We maintain ACCUMULATE at a lower target price of S$12.50 (previously S$12.70).  Our TP is based on target price-to-book of 1.3x, derived from the Gordon Growth model. We toned down terminal growth from 2.5% to 2.0%.
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FATABA Supreme	05-Aug-2019 13:43        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	?è   Oversea-Chinese Banking Corp Ltd&ndash   Catch-up in NIM expansion Recommendation: ACCUMULATE (Maintained), Last Close Price: S$11.21 Target Price: S$12.50, Analyst: Tin Min Ying   2Q19 revenue/PATMI  was in line with our estimates. Strong NIM expansion of 12bps YoY and 3bps QoQ to 1.79%, due to a catch-up in loan repricing and better utilisation of deposits. Wealth management fees surged 17% YoY to $262mn, its highest level in five quarters. Life insurance profit from GEH fell 26% YoY due to decline in discount rate used to value long-term insurance contract liabilities. Credit costs normalised to 15bps after higher provision was taken in 1Q for the OSV sector. NPL ratio remained stable at 1.5% (2Q18: 1.4%).  Declared interim dividend of 25 cents/share,  25% higher than a year ago. We maintain ACCUMULATE at a lower target price of S$12.50 (previously S$12.70).  Our TP is based on target price-to-book of 1.3x, derived from the Gordon Growth model. We toned down terminal growth from 2.5% to 2.0%.
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hlfoo2010 Master	03-Aug-2019 12:52        hlfoo2010 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think  directive order out ie  " ???v?D " ,  fight fight talk talk fight fight  to win  ground work proceed prepare resources for long years . kandinsky      ( Date: 02-Aug-2019 18:07) Posted: That is if you have the crystal ball to see how China is going to react to the US tariffs. trademaster      ( Date: 02-Aug-2019 15:57) Posted: Once i see support in UOB and ocbc, I will buy . Today is good chance to buy on dips. Next week likely reboun
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kandinsky Master	02-Aug-2019 18:07        kandinsky About Contact  Quote this Post!
x 0   x 0  Alert Admin	That is if you have the crystal ball to see how China is going to react to the US tariffs. trademaster      ( Date: 02-Aug-2019 15:57) Posted: Once i see support in UOB and ocbc, I will buy . Today is good chance to buy on dips. Next week likely rebound kandinsky      ( Date: 02-Aug-2019 15:43) Posted: Chance coming to pick up below 11
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trademaster Supreme	02-Aug-2019 15:57        trademaster About Contact  Quote this Post!
x 0   x 0  Alert Admin	Once i see support in UOB and ocbc, I will buy . Today is good chance to buy on dips. Next week likely rebound kandinsky      ( Date: 02-Aug-2019 15:43) Posted: Chance coming to pick up below 11
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kandinsky Master	02-Aug-2019 15:43        kandinsky About Contact  Quote this Post!
x 0   x 0  Alert Admin	Chance coming to pick up below 11
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trademaster Supreme	02-Aug-2019 13:40        trademaster About Contact  Quote this Post!
x 0   x 0  Alert Admin	First to drop so much, even with gd results, taking the lead to drop for UOB and DBS...   famouspinky      ( Date: 02-Aug-2019 12:38) Posted: The other 2 also loussy la. Only index supporting or they support index. Wait for index to turn, 30% discount Alos can get Starship      ( Date: 02-Aug-2019 12:25) Posted: Bcos results is very bad compared to DBS and UOB......... It' s like getting 6As in a class where everyone else gets 11 straight As.................
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famouspinky Supreme	02-Aug-2019 12:38        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	The other 2 also loussy la. Only index supporting or they support index. Wait for index to turn, 30% discount Alos can get Starship      ( Date: 02-Aug-2019 12:25) Posted: Bcos results is very bad compared to DBS and UOB......... It' s like getting 6As in a class where everyone else gets 11 straight As.................   fwei78      ( Date: 02-Aug-2019 12:05) Posted: Good set of result also down, jialat
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Starship Supreme	02-Aug-2019 12:25        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bcos results is very bad compared to DBS and UOB......... It' s like getting 6As in a class where everyone else gets 11 straight As.................   fwei78      ( Date: 02-Aug-2019 12:05) Posted: Good set of result also down, jialat
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fwei78 Senior	02-Aug-2019 12:05        fwei78 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Good set of result also down, jialat
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satruz Master	02-Aug-2019 10:10        satruz About Contact  Quote this Post!
x 0   x 0  Alert Admin	Trying hard to rise, but keep getting depressed
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FATABA Supreme	02-Aug-2019 09:45        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Lol u are right ....if Ducky has announce the tarrif over the weekend .....OCBC might hv hot $12 . Stocky901      ( Date: 02-Aug-2019 08:58) Posted: They chose the right time to announce results..
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Stocky901 Supreme	02-Aug-2019 08:58        Stocky901 About Contact  Quote this Post!
x 0   x 0  Alert Admin	They chose the right time to announce results..
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FATABA Supreme	02-Aug-2019 08:35        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	OCBC result is very good considering the pull down effect from GE . On top of that , 25c dividend mid yr ...might cater to another 25c yr end ( was 23c) ....so total 50c dividend if come true. This is a good increase anyway. Dyodd for investor . Happy investing alexmay34      ( Date: 02-Aug-2019 07:49) Posted: Interim dividend up 25% to 25 cents,
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Goldfinger Supreme	02-Aug-2019 08:23        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is why SG property still the best asset class. Qanghoo      ( Date: 02-Aug-2019 08:12) Posted: NIM at 1.79 still some way lagging - DBS' is 1.91.  Anyway, latest is US 10-yr bond yields dropped sharply last night, lowest in more than 3 yrs.  DJ also lao sai in response to Duckie antics.  So, STI will also llao sai a lot, likely led by selling of bk shares, record profits notwithstanding.  DYODD though.
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Qanghoo Supreme	02-Aug-2019 08:12        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	NIM at 1.79 still some way lagging - DBS' is 1.91.  Anyway, latest is US 10-yr bond yields dropped sharply last night, lowest in more than 3 yrs.  DJ also lao sai in response to Duckie antics.  So, STI will also llao sai a lot, likely led by selling of bk shares, record profits notwithstanding.  DYODD though.
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alexmay34 Veteran	02-Aug-2019 07:49        alexmay34 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Interim dividend up 25% to 25 cents,
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FATABA Supreme	01-Aug-2019 23:42        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	GE result was known BEFORE the mkt opens....dont seem to affect OCBC much today. Qanghoo      ( Date: 01-Aug-2019 17:24) Posted: So OCBC tmr jialat liao ? Starship      ( Date: 01-Aug-2019 16:18) Posted: Great Eastern Q2 profit down 29% on non-operating losses THU, AUG 01, 2019 - 8:43 AM GREAT Eastern Holdings' second-quarter net profit fell 29 per cent to S$169 million from S$237.6 million for the same year-ago period on the back of non-operating losses. Non-operating loss was S$26 million versus a non-operating profit of S$15.3 million for Q2 2018. Great Eastern attributed the loss  to " higher valuation of long-term insurance contract liabilities" due to " a decline in the discount rate used to value these liabilities" . This offset better investment performance, and a operating profit of S$161.7 million, which increased 3 per cent from S$156.7 million for fiscal 2018' s second-quarter. https://www.businesstimes.com.sg/companies-markets/great-eastern-q2-profit-down-29-on-non-operating-losses
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Qanghoo Supreme	01-Aug-2019 17:24        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	So OCBC tmr jialat liao ? Starship      ( Date: 01-Aug-2019 16:18) Posted: Great Eastern Q2 profit down 29% on non-operating losses THU, AUG 01, 2019 - 8:43 AM GREAT Eastern Holdings' second-quarter net profit fell 29 per cent to S$169 million from S$237.6 million for the same year-ago period on the back of non-operating losses. Non-operating loss was S$26 million versus a non-operating profit of S$15.3 million for Q2 2018. Great Eastern attributed the loss  to " higher valuation of long-term insurance contract liabilities" due to " a decline in the discount rate used to value these liabilities" . This offset better investment performance, and a operating profit of S$161.7 million, which increased 3 per cent from S$156.7 million for fiscal 2018' s second-quarter. https://www.businesstimes.com.sg/companies-markets/great-eastern-q2-profit-down-29-on-non-operating-losses
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