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3 BIG Spore banks ....:))
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FATABA
Supreme |
08-Mar-2022 14:48
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IF ONLY ....SA largest OPEC increased price . UAE  did not vote against Russia. and WORST is CHina buying more from Russia at the expense of others  $200 is possible now . 
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CheeryVGoh
Supreme |
08-Mar-2022 14:38
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would be of good help if OPEC countries pump more to help slow down the rise in oil price.   
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Sgvale
Supreme |
08-Mar-2022 13:33
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No eyes see | ||||
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uiop1223
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08-Mar-2022 13:30
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Inflation and high interest rates is good for banks
But with inverted yield curve, there is high chance of recession which is very bad for banks. Hence, u see the banks dropping even though int rate expected to go up |
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FATABA
Supreme |
08-Mar-2022 11:02
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As I have mentioned ....a war is totally diff situation ......actually it is already a BIG financial war on Russia .  Oil could hit $150 , dont even talk about other commodities .    I doubt Fed is going to hike .5pt one time ....the situation is very clear that Russia will take all Ukraine ...it is just when ?  ( Nato will not get into a direct fight ..or it will be WW3. )  This financial war of World vs Russia could take far longer then we wish ( make WORST by the cruel CCP helping russia behind ....supplying them what they need )  The world is divided...unfortunately we have devils and some who sit on the fence ( not deciding ...so could prolong the situation )  Here not a forum on the war ....BUT all financial institution will be affected.  ( sad for mankind )  Very luckily Singapore has a great government where our supply are well planned and taken care .....CAN u imagine a zero resource island can still having good FC for 2022  Our supplies and vaccines etc are all well taken care of ?  SO I expect Spore wld be affect very limited .....in fact under their well management and opening of economy ( travel ) Spore can  Have GOOD grwoth in 2022/23  So BANKS can still grow ...but it will be volatile ( Fed will slow interest rise ) .......good luck   
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slingshotpro
Senior |
07-Mar-2022 08:26
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Why so quiet here? Why is DBS dropping so fast? | ||||
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FATABA
Supreme |
24-Feb-2022 18:23
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THE WHOLE SITUATION changes ....Russia hit the capital Kyiv , not just " safe keeper" for that 2 parts now . WW3 if Natio and US decide to hit back ..... DYODD .....and really good luck to all stock , food supply etc etc .  |
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FATABA
Supreme |
23-Feb-2022 13:54
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This morning OCBC was knee jerk reaction .....got back some of its lost now .  
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FATABA
Supreme |
23-Feb-2022 10:24
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ON OCBC  Pls note this is a one time allowrances ( NOT definate lost) and was due to DELAY ( NOT cancellation ) . Dividend did goes to 28c from 25 ....which is 53c a yr . Yield is still 4% a@$13 price  Is correction over done ? ( maybe a larger fund is selling looking at the volume > > > > > OCBC is keeping cash ( I hope CEO is eyeing something ) .....GE also didnt contribute as much as expected  DYODD  |
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CheeryVGoh
Supreme |
17-Feb-2022 18:23
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Guess OCBC div to be at least 30ct. What do you think?
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CheeryVGoh
Supreme |
17-Feb-2022 14:05
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Maybe 5 times or more of Fed hikes & each hike smaller at 25 basis points. I hope to see OCBC at $14 too. Hope Mdm Helen ups the div, Chai Shen Dao ! Huat ah !
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FATABA
Supreme |
17-Feb-2022 13:51
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Yes, certainly the 2or3 X rate hikes wld be good expected catalyst for our local banks  However there are still many other good potential ....growth in AUM ( just imagine the flowin especially from HK etc to this region )  Funds pump $$ into this market for a reason ( which are reported over the last few mths) .  W economy reOPENING and the ASEAN regional business growth .....Spore is blessed w a good capable government which  has prepared our nation well for this . ( tmr budget we cld hear more hehe )  I can hope to see OCBC at $14 ....DYODD Happy investing.   
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CheeryVGoh
Supreme |
17-Feb-2022 12:36
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&bull Sensitivity to interest rate hikes. Management guided that every 25bp hike in the US Fed Funds Rate will lead to a 4-5bp NIM expansion for UOB, which translates to additional net interest income of S$150m-200m per year.   
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Luckygal
Member |
17-Feb-2022 10:07
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OCBC 90th anniversary? Hope got some pleasant surprises. | ||||
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FATABA
Supreme |
17-Feb-2022 10:01
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WOW UOB is the star hitting new HIGH of 33.33  ( wow what a nice number ) after a great set of result and 60c dividend The coming brightest star could be OCBC hitting $13.50 and STILL awaiting for its 90th anniversay result on Wed 23rd morning  ( lol normally early morning result before mkt opens ...is good /mgt prepare for a good day of up up haha)  Dyodd Happy investing.
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FATABA
Supreme |
16-Feb-2022 11:13
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UOB financial results Net interest income in the fourth quarter climbed 11% to S$1.7 billion from a year ago. For the whole of 2021, the bank&rsquo s fee income reached a new high of S$2.41 billion on the back of &ldquo stellar performance&rdquo in wealth and loan-related activities. Assets under management from high affluent customers reached a record S$139 billion, with 57% coming from overseas customers served by the bank&rsquo s network of wealth management centres in Southeast Asia. DBS financial results DBS has declared a dividend of 36 cents a share for the fourth quarter, up from 33 cents in the third quarter, and 18 cents a year ago when dividend payouts from local banks and finance companies were capped due to the pandemic. Net interest income at Singapore' s largest bank stood at $2.14 billion in the fourth quarter, up 1 per cent from a year ago. Full-year loan growth of 9 per cent - the highest in seven years - helped to mitigate the impact of interest rate cuts.  What about OCBC ?????  90th Anniversary hmm |
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FATABA
Supreme |
16-Feb-2022 09:55
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A good set of result from UOB .....w dividend 60c ,    ( honestly not expecting special dividend considering the large spending on buying Visa South east asia)  Looking into the full result wld point to a promising 2022 onwards for UOB . Dbs 36 c x4 =1.44 a year Yied 3.9% @$36.65 UOB 60x2 =$1.20  yield 3.7% @$32.45 ..payout ratio49% OCBC TBA ....coming up on 23rd Feb  ( still having room to improve as most payout ratio are below the 50% mark if not wrong )  Dyodd |
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FATABA
Supreme |
14-Feb-2022 10:17
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DBS first out w a good set of results .....dividend from 33c PER QTR to 36c per qtr Which  is $1.44 per year ( yield of 3.88 @37.15 price)  UOB will be this Wed ...hee hee .....current 60c for full yr ( was giving a special dividend before pandemic )  I am guessing 65/70 c diivdend .  DYODD OCBC is 23rd Feb ...hmm ,,,,,25/30c will be great.  Happy investing . |
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FATABA
Supreme |
11-Feb-2022 16:51
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Due to the recent MAS ruling on DBS plus its spending on VISA TW .....I doubt DBS wld be giving out any special dividend  Certainly no change to its 33c qtrly dividend . Hope it can cross the 1.4b profit  UOB cld be different . It did spend on the visa South east asia purchase ...but underline cash still strong .  Wonder they wld sweeten their result w a small token ...5/10c on top of the 60c dividend  As for OCBC , the $10+m compensation is peanuts to its estimated $1.2B profit ( my guess)  5c special plus a 25c would pull anything above 30c a BIG push towards $14 for OCBC  DYODD .....awaiting patiently for next week first.  Happy investing.  
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FATABA
Supreme |
11-Feb-2022 13:23
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The three local banks will be releasing their 4QFY2021 results this month, with DBS on Feb 14, UOB on Feb 16 and OCBC on Feb 23. &ldquo For DBS, we have forecasted revenue of $3.18 billion for 4QFY2021 (consensus: $3.61 billion). For UOB, we have forecasted revenue of $2.66 billion ($2.52 billion). For OCBC, we have forecasted revenue of $2.45 billion ($2.7 billion). 4QFY2021 PATMI estimates are $1.4 billion for DBS (consensus: $1.48 billion), $1.3 billion for UOB ($0.97 billion) and $1.1 billion for OCBC ($1.12 billlion).  |
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