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FATABA Supreme	12-May-2017 23:48        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Also not forgeting another few more interest rate hike this year .....2 or 3 more ? ​ This NAB buy is really very worth it ....book value for all the customer and OVER $3B deposit ..... " immediate access to about 11,000 new affluent customers and add US$3.05 billion in customer deposits​ " lglg666      ( Date: 12-May-2017 16:46) Posted: With this piece of good news plus if there is a good takeover bid for UE on the table soon then that will definitely push up the share price of OCBC to over $11 for sure. FATABA      ( Date: 11-May-2017 16:29) Posted:   OCBC....add another level to their already growing business....esp note that they are paying BOOK value ....gaining a large customer base and extra quality loan ////      a good move. OCBC shld be able to see $11 soon.   OCBC Bank said on Thursday that it has agreed to buy National Australia Bank' s (NAB) private wealth business in Singapore and Hong Kong , a move which will give the Singapore bank immediate access to about 11,000 new affluent customers and add US$3.05 billion in customer deposits. The purchase price is the book value, or net asset value, of the business at the time of completion of the transaction, which is expected to be before the end of the year, subject to regulatory approval. Based on the quarter ended March 31, 2017, the entire NAB' s book value per share is A$17.98.
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lglg666 Supreme	12-May-2017 16:46        lglg666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	With this piece of good news plus if there is a good takeover bid for UE on the table soon then that will definitely push up the share price of OCBC to over $11 for sure. FATABA      ( Date: 11-May-2017 16:29) Posted:   OCBC....add another level to their already growing business....esp note that they are paying BOOK value ....gaining a large customer base and extra quality loan ////      a good move. OCBC shld be able to see $11 soon.   OCBC Bank said on Thursday that it has agreed to buy National Australia Bank' s (NAB) private wealth business in Singapore and Hong Kong , a move which will give the Singapore bank immediate access to about 11,000 new affluent customers and add US$3.05 billion in customer deposits. The purchase price is the book value, or net asset value, of the business at the time of completion of the transaction, which is expected to be before the end of the year, subject to regulatory approval. Based on the quarter ended March 31, 2017, the entire NAB' s book value per share is A$17.98. john_ric      ( Date: 11-May-2017 14:32) Posted: new acqusition?  05/11/2017 | 05:32am CEST SINGAPORE--Oversea-Chinese Banking Corp. (O39.SG) said it would buy National Australia Bank Ltd.' s (> >   National Australia Bank Ltd.) private wealth business in Singapore and Hong Kong. " The purchase consideration will be at around the book value, or net asset value, of the business at the time of completion," OCBC said in a statement. The deal is expected to be completed before the end of the year and will be accretive to earnings. The deal comes as banks in Singapore seek to beef up their sources of income as a subdued loan-demand outlook weighs on overall earnings growth expectations.
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Moomoomoo Senior	11-May-2017 18:59        Moomoomoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ya coming soon.. Finally this old man got himself a motorized vehicle.. Now catching up with the 2 other banks.. To be honest, I given its past records and foot dragging movement if can hit 11..i think alot of ppl will be happy liao.. junction      ( Date: 11-May-2017 17:27) Posted: With this good news, it may happen sooner rather than later. Moomoomoo      ( Date: 11-May-2017 14:19) Posted: Seems like alot of movement from ocbc recently. 11 will be hit sooner than expected
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junction Master	11-May-2017 17:27        junction About Contact  Quote this Post!
x 0   x 0  Alert Admin	With this good news, it may happen sooner rather than later. Moomoomoo      ( Date: 11-May-2017 14:19) Posted: Seems like alot of movement from ocbc recently. 11 will be hit sooner than expected
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FATABA Supreme	11-May-2017 16:29        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	OCBC....add another level to their already growing business....esp note that they are paying BOOK value ....gaining a large customer base and extra quality loan ////      a good move. OCBC shld be able to see $11 soon.   OCBC Bank said on Thursday that it has agreed to buy National Australia Bank' s (NAB) private wealth business in Singapore and Hong Kong , a move which will give the Singapore bank immediate access to about 11,000 new affluent customers and add US$3.05 billion in customer deposits. The purchase price is the book value, or net asset value, of the business at the time of completion of the transaction, which is expected to be before the end of the year, subject to regulatory approval. Based on the quarter ended March 31, 2017, the entire NAB' s book value per share is A$17.98. john_ric      ( Date: 11-May-2017 14:32) Posted: new acqusition?  05/11/2017 | 05:32am CEST SINGAPORE--Oversea-Chinese Banking Corp. (O39.SG) said it would buy National Australia Bank Ltd.' s (> >   National Australia Bank Ltd.) private wealth business in Singapore and Hong Kong. " The purchase consideration will be at around the book value, or net asset value, of the business at the time of completion," OCBC said in a statement. The deal is expected to be completed before the end of the year and will be accretive to earnings. The deal comes as banks in Singapore seek to beef up their sources of income as a subdued loan-demand outlook weighs on overall earnings growth expectations.
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huangyuanhe Supreme	11-May-2017 16:11        huangyuanhe About Contact  Quote this Post!   Yells: "666"
x 0   x 0  Alert Admin	Trump will be " honored " to join in the Peace Talks to meet Kim . "Wa. I heard u very capable. So young manage such a big regime and empire. And make soooo many women listen and idolize u. U are smart u know " " same same lah. i also heard u very capable . Tv reality show successful. Presidential elections successful. Properties empire successful. So many actreses like u. U very smart also" "Ok. You no create intercontinental missiles ok ? Furthest japan or philippines ok ? " " ok. U no armada ok ? U want armada armada australia waters there ok ? " " ok . Let's trade. No presidents before me achieved what i did " huangyuanhe      ( Date: 11-May-2017 16:00) Posted: When South Korea New President meets North Korea Kim for "Peace Talks" and "Economic Cooperation", Asia Indices WILL SHOOT UP : ) China - South Korea - North Korea forming the Growth Triangle "Ok u no nuclear test ok ? " " ok. You no naval exercise with so and so ok ? " " ok " "Trade ok ? " " ok " " u no thaad ok ? "Ok . U nice nice korean tourism korean companies ok ? " " ok "
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huangyuanhe Supreme	11-May-2017 16:00        huangyuanhe About Contact  Quote this Post!   Yells: "666"
x 0   x 0  Alert Admin	When South Korea New President meets North Korea Kim for "Peace Talks" and "Economic Cooperation", Asia Indices WILL SHOOT UP : ) China - South Korea - North Korea forming the Growth Triangle "Ok u no nuclear test ok ? " " ok. You no naval exercise with so and so ok ? " " ok " "Trade ok ? " " ok " " u no thaad ok ? "Ok . U nice nice korean tourism korean companies ok ? " " ok "
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john_ric Supreme	11-May-2017 14:32        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	new acqusition?  05/11/2017 | 05:32am CEST SINGAPORE--Oversea-Chinese Banking Corp. (O39.SG) said it would buy National Australia Bank Ltd.' s (> >   National Australia Bank Ltd.) private wealth business in Singapore and Hong Kong. " The purchase consideration will be at around the book value, or net asset value, of the business at the time of completion," OCBC said in a statement. The deal is expected to be completed before the end of the year and will be accretive to earnings. The deal comes as banks in Singapore seek to beef up their sources of income as a subdued loan-demand outlook weighs on overall earnings growth expectations.
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Moomoomoo Senior	11-May-2017 14:19        Moomoomoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seems like alot of movement from ocbc recently. 11 will be hit sooner than expected
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vivivava Veteran	11-May-2017 11:41        vivivava About Contact  Quote this Post!
x 0   x 0  Alert Admin	wow thanks! tanakow      ( Date: 11-May-2017 11:35) Posted: No $12 no sell.
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tanakow Member	11-May-2017 11:35        tanakow About Contact  Quote this Post!
x 0   x 0  Alert Admin	No $12 no sell.
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john_ric Supreme	11-May-2017 11:28        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	all the banks still powerful. look like ocbc can reach previous hight of > 11.   now  10.55.
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temp123 Senior	11-May-2017 09:30        temp123 About Contact  Quote this Post! Style: Combined   Yells: "."
x 0   x 0  Alert Admin	This one power man.
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lglg666 Supreme	09-May-2017 16:04        lglg666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Another pump coming? Power!!
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john_ric Supreme	09-May-2017 13:52        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	OCBC posted 1Q17 net earnings of S$973m, up 14% YoY and 23% QoQ, and higher than consensus of S$845m as polled by Bloomberg. Net Interest Income fell 3% YoY but was up 2% from last quarter to S$1272m. Non-interest Income grew 30% YoY and 5% QoQ to S$977m. This was buoyed by better insurance and fee income. Total insurance income rose 73% YoY and 16% QoQ to S$211m. Fee Income rose 29%  YoY and 15% QoQ to S$481m. Wealth Income surged 70% YoY and 37% QoQ to S$215m. Net Interest Margin (NIM) eased from 1.75% in 1Q16 and 1.63% in 4Q16 to 1.62% in 1Q17. NPL ratio held steady at 1.3%, same as last quarter. Cost-to-income ratio also came off, falling from 45.1% in 4Q16 to 43.4% this quarter. There are currently 9 BUYs, 8 HOLDs and 7 SELLs on OCBC with a 12-month target price of S$9.53 based on estimates from Bloomberg. OCBC closed trading yesterday at S$10.30. Source: OCBC Research - 9 May 2017
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bishan22 Supreme	09-May-2017 11:50        bishan22 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ripe to pluck this big papaya..... good luck..... sgtrader101      ( Date: 09-May-2017 11:49) Posted: Based on current px $10.40, p/e is the highest among the 3 local banks. Don't think will go any further, regional indexes are retreating from recent highs.
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sgtrader101 Senior	09-May-2017 11:49        sgtrader101 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Based on current px $10.40, p/e is the highest among the 3 local banks. Don't think will go any further, regional indexes are retreating from recent highs.
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john_ric Supreme	09-May-2017 11:22        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	buy on expectation. sell when news out.   price from 9.40 rise to 10.40.  good profit. should see some profit taking now. before q2 results will see another wave of surging based on expectation... special div etc.
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Moomoomoo Senior	09-May-2017 11:14        Moomoomoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	DBS and UOB are 20 plus.... Hope OCBC can crossed the 11 mark by end of the year. I hope I'm not asking for too much!
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FATABA Supreme	09-May-2017 10:36        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Earlier the 10.40 was large too ....ONE bite and its gone. ​ There is another catalyst ..sale of UE .......till 22nd May the carrot of 18c dividend is still there. 10.50 is v possible :)) Happy investing. lglg666      ( Date: 09-May-2017 09:54) Posted: Big wall at $10.45 then a bigger wall at $10.50 after that its clear for now 👏 ☝ ️
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