logo transparent gif
top_white_spacer
Home Latest Stock Forum Topics MyCorner - Personal Stocks Porfolio Stock Lists Investor Insights Investor Research & Links Dynamic Stock Charting FREE Registration About Us top spacer top spacer
 User Password Auto-Login
Enter Stock
 
righttip
branding

Back
First   < Newer   1101-1120 of 2114   Older>   Last  
Latest Forum Topics / Others  Post Reply
3 BIG Spore banks ....:))

yumsang
Member
17-Jan-2022 16:12     
 
yumsang About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		really regret selling 2/3 of my dbs holding, but also din expect it to reach 36 
yes will hold on to 二 奶 与 小 三   laugh

CheeryVGoh      ( Date: 17-Jan-2022 15:33) Posted:

Ya lor !

Higher interest means we expecting higher interest incomes for all 3 banks for 2022.

I' m holding tight to this 小 三 & also to  老 2.

Too bad I had sold DBS too early. 

yumsang      ( Date: 17-Jan-2022 15:16) Posted:

with uob expanding ocbc will drop to 小 三 again 
 Useful To Me  Not Useful To Me
FATABA
Supreme
17-Jan-2022 15:59     
 
FATABA About Contact  Quote this Post! Style: Combined   Mood: peace
  x 0
  x 0

 Alert Admin 		I share yr sentiment on these 3 banks >
DBS is truly trading @1.6X its book ...a new record ....and a dropped yield of 3.66% @$36   
( so a lot really depend on coming result if DBS want to remain w a better yield etc) 

ON the other .....OCBC is much different ....PB is still 1.07X and yield of 4% assuming 50c dividend @12.30 today 
So honestly I do think the chance for OCBC to grow is good and its multipier can be min 1.2X for a good bank. 
Not even ruling out the potential of a special dividend of another 10c .   

DYODD and happy investing 
I may be bias as I normally are invested into banks 

 

CheeryVGoh      ( Date: 17-Jan-2022 15:33) Posted:

Ya lor !

Higher interest means we expecting higher interest incomes for all 3 banks for 2022.

I' m holding tight to this 小 三 & also to  老 2.

Too bad I had sold DBS too early. 

yumsang      ( Date: 17-Jan-2022 15:16) Posted:

with uob expanding ocbc will drop to 小 三 again 
 Useful To Me  Not Useful To Me


CheeryVGoh
Supreme
17-Jan-2022 15:33     
 
CheeryVGoh About Contact  Quote this Post!   Mood: happy
  x 0
  x 0

 Alert Admin 		Ya lor !

Higher interest means we expecting higher interest incomes for all 3 banks for 2022.

I' m holding tight to this 小 三 & also to  老 2.

Too bad I had sold DBS too early. 

yumsang      ( Date: 17-Jan-2022 15:16) Posted:

with uob expanding ocbc will drop to 小 三 again 

CheeryVGoh      ( Date: 14-Jan-2022 17:22) Posted:

Looking forward to $13 , $14 for OCBC, almost always slower than the other 2
 Useful To Me  Not Useful To Me
yumsang
Member
17-Jan-2022 15:16     
 
yumsang About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		with uob expanding ocbc will drop to 小 三 again 

CheeryVGoh      ( Date: 14-Jan-2022 17:22) Posted:

Looking forward to $13 , $14 for OCBC, almost always slower than the other 2.

FATABA      ( Date: 14-Jan-2022 17:07) Posted:

The 12.33 resisitance just fall in one afternoon .
Dyodd . 
 Useful To Me  Not Useful To Me
FATABA
Supreme
17-Jan-2022 10:07     
 
FATABA About Contact  Quote this Post! Style: Combined   Mood: peace
  x 0
  x 0

 Alert Admin
Can UOB afford special dividend w this acq of Visa Citi ??  Maybe the below input will offer some insight . 
Dyodd


UOB said on Aug 4, 2021 that it would pay an interim dividend per share (DPS) for H1 FY2021 of S$0.60 - which was not only higher than its interim DPS for H1 FY2020 of S$0.39 but also higher than its interim DPS for H1 FY2019 of S$0.55.
 
This came only days after the Monetary Authority of Singapore (MAS) said on Jul 28, 2021 that dividend restrictions on local banks would not be extended. MAS had told local banks the previous year to cap their total DPS for FY2020 at 60 per cent of their total DPS for FY2019.
 
UOB' s interim dividend for H1 FY2021 - which was paid on Aug 27, 2021 - would have amounted to just over S$1 billion in absolute terms, and was equivalent to almost exactly half its net profit for H1 FY2021 of just over S$2 billion.
 
UOB' s dividend policy as stated on its website is that it is committed to a payout ratio of 50 per cent, subject to a minimum CET1 ratio of 13.5 per cent and sustainable financial performance.
 
It remains to be seen how well UOB performs in Q4 FY2021 and FY2022. And, in the meantime, the bank has stated that it is comfortable maintaining a 50 per cent payout ratio.
 
Yet, with the acquisition of Citi-group' s consumer banking business likely to take a bite out of its CET1 ratio, UOB may have less room than DBS or OCBC to present investors with a dividend surprise for FY2021 and FY2022.
 Useful To Me  Not Useful To Me


FATABA
Supreme
17-Jan-2022 09:35     
 
FATABA About Contact  Quote this Post! Style: Combined   Mood: peace
  x 0
  x 0

 Alert Admin 		Spore Banks is expecting another set of good result and the potential of special dividend .

DBS new high ...$36 ( wow wow wow) 
UOB is above $30.20  ( note a cool $6 behind DBS ..lol ) 
OCBC hit 12.40 ( still hv room to go ) 
SPORE STI is moving v close to 3300 ....will there be a new high for 2022 ?   
DYODD
happy investing. 
 Useful To Me  Not Useful To Me
CheeryVGoh
Supreme
14-Jan-2022 17:22     
 
CheeryVGoh About Contact  Quote this Post!   Mood: happy
  x 0
  x 0

 Alert Admin 		Looking forward to $13 , $14 for OCBC, almost always slower than the other 2.

FATABA      ( Date: 14-Jan-2022 17:07) Posted:

The 12.33 resisitance just fall in one afternoon .
Dyodd . 

FATABA      ( Date: 14-Jan-2022 16:55) Posted:

It seem that they are taking turn to push STI ...first DBS and then UOB now .  OCBC is moving up slowly ( but see the VOL ) 
and the clearing of critical price resitance 12.30 now / big volume eaten up daily 

Just my view ....I see more room for OCBC .  Never know what the new CEO will advise on her First full yr result 
DYODD
happy investing
 Useful To Me  Not Useful To Me
CheeryVGoh
Supreme
14-Jan-2022 17:19     
 
CheeryVGoh About Contact  Quote this Post!   Mood: happy
  x 0
  x 0

 Alert Admin 		Welcome !

Married deal of 180,309 at $29.708

 

FATABA      ( Date: 14-Jan-2022 16:50) Posted:

Thanks Cheery . Look reasonable valuation base on 1.28X .....DBS is way over 1.5X now .


" " " Fair value is raised to SGD34.80 implying 1.28x forward price/book. UOB& rsquo s share price has outperformed the STI index in 2021, underscoring our prior advice to add positions since last year." " "


 

CheeryVGoh      ( Date: 14-Jan-2022 15:38) Posted:

13 Jan 2022 by OCBC

United Overseas Bank Ltd (UOB SP)
- New Fed rate hike cycle in 2022 &bull Singapore banks are poised to benefit from a new Fed rate hike cycle which should commence in June. &bull In terms of sensitivity estimates, UOB&rsquo s management has previously guided a 25bps rate increase could lift NIMs by 3- 4bps. &bull Fair value is upgraded to SGD34.80 as we upgrade our estimates to reflect expectations for NIM expansion ahead and continued recovery from its key Asean markets. &bull In 2021, UOB has delivered double-digit percentage total returns from a year ago, which outpaced the STI index and underscored our prior advice to add positions. Singapore banks have delivered solid double digit gains in 2021, benefitting from the sector&rsquo s sensitivity to higher rate expectations, benign asset quality trends, wealth management franchises and economic re-opening from the pandemic. While UOB&rsquo s share price also delivered solid double digit total returns in 2021, it relatively lagged DBS partly due to concerns over the pace of recovery from the pandemic in its key Asean markets. The Fed&rsquo s new rate hike cycle this year has positive implications for rate sensitive Singapore banks&rsquo net interest margins and earnings outlook - For 2022, we retain our constructive stance on the sector in view of attractive dividend yields and higher Fed funds rate expected from June, which should translate to higher SG/HK interbank rates and sector NIM expansion over the course of 2H22. Costs should be largely controlled as banks continue to scale up their digital capabilities and adopt ESG principles. 9M21 credit cost for the sector was low at 23-25bps. Credit costs has already normalized with ample general provisions/GP buffer (GPs made up 70-100bps of total loans within the sector, which is close to 30bps higher than pre-pandemic year 2019 - this suggests room for banks to write back in 2022 assuming the macro environment continues to show steady progress and loans under moratoriums remain low. Singapore banks are levered to rising rates, with high exposure to currencies that correlate to Fed funds rate. In addition, banks have a relatively high mix of floating rate assets, which should be repriced higher as interbank rates increase. This positioning should benefit the sector in 2022 as the next rate hike cycle kicks off. As of end 3Q21, UOB was estimated to have about 63% of its loan books exposed to SGD, HKD and USD. In addition, Singapore banks have a relatively high mix of floating rate assets, which should be repriced higher as interbank rates increase. With the sector&rsquo s strong deposit franchises and high CASA ratios (UOB&rsquo s CASA ratio ~52.7%), deposit rates tend to be raised at a lagged pace. Given the high exposure of Singapore banks&rsquo loan books to SGD/HKD/USD and relatively low proportion of fixed rate loans, we expect the sector to see NIM expansion and better profitability from the new rate hike cycle. During the last rate hike cycle in 2016-2018, the sector reported average NIM expansion of 10- 17bps and saw improved profitability and higher return on assets. In terms of rate sensitivity, During the last rate hike cycle in 2016-2018, the sector reported average NIM expansion of 10-17bps and saw improved profitability and higher return on assets. In terms of sensitivity estimates, UOB&rsquo s management has previously guided a 25bps short term rate increase could lift its NIMs by 3-4bps. Fair value is raised to SGD34.80 implying 1.28x forward price/book. UOB&rsquo s share price has outperformed the STI index in 2021, underscoring our prior advice to add positions since last year. Our Buy rating is maintained as we await the next Fed lift-off, with valuations still at reasonable levels. Looking ahead, apart from upside from NIM expansion, the gradual reopening of borders within Asean is also supportive of further recovery in regional business flows over the medium term. We continue to see scope for UOB&rsquo s share price to gain ground, with potential catalysts from improving fee income momentum, loans growth recovery, stabilizing NIMs and easing concerns in its ASEAN loan book. The group remains focused on its digital agenda to capture customer demand, and sees opportunities arising from the growth recovery in Greater China and developed markets. Capital management will be a theme to monitor in the new year for banks globally (including Singapore banks) as we enter a new Fed rate hike cycle amid further firming up of the global economic outlook. Within the sector, while we see OCBC Investment Research Market Pulse 13 Jan 2022 4 relatively higher rate sensitivity in DBS, there is better valuation proposition in UOB which has lagged in 2021 due to concerns over the impact of Covid-19 infections in its key Asean markets. This should improve in 2022 as Asean region gradually reopens, which bodes well for asset quality trends. We are constructive on both banks. Next results release for FY21 is expected mid February, where we expect updated guidance from the sector. As a recap, UOB&rsquo s previous FY21E guidance included double digit growth in non interest income, lower credit costs outlook (improved to below 25 bps, from prior 30bps guidance), stable cost income ratio, loans expected at high single-digit and dividend payout ratio of 50%. ESG updates Sustainable financing demand increasing across different client segments. In its latest 1H21 results release, UOB shared the group has seen demand increasing from more companies with the group extending a total of $13bn in financing to clients as of end June 2021. The group has steered wealth towards sustainable investments with total AUM in ESG focused investments estimated at SGD5.7bn as of end June 2021. UOB has been upgraded for its ESG performance in its October 2021 review, joining domestic peer DBS and pegging the bank above the median global industry rating. The latest upgrade was driven by a reassessment of its management practices related to mitigating environmental risks in its lending business which appears to have industry leading practices in ESG due diligence, and executive oversight. Other positives observed include its strong governance performance, alignment of accounting and pay practices with shareholder interests although employee attrition levels are above industry average, which may suggest improvements needed in human capital management areas. Its board is well organized with majority independent composition, separate CEO and chairman roles, which supports management oversight process. The bank has a majority independent risk committee to review risk taking behaviour by senior decision makers. BU
 Useful To Me  Not Useful To Me


FATABA
Supreme
14-Jan-2022 17:07     
 
FATABA About Contact  Quote this Post! Style: Combined   Mood: peace
  x 0
  x 0

 Alert Admin 		The 12.33 resisitance just fall in one afternoon .
Dyodd . 

FATABA      ( Date: 14-Jan-2022 16:55) Posted:

It seem that they are taking turn to push STI ...first DBS and then UOB now .  OCBC is moving up slowly ( but see the VOL ) 
and the clearing of critical price resitance 12.30 now / big volume eaten up daily 

Just my view ....I see more room for OCBC .  Never know what the new CEO will advise on her First full yr result 
DYODD
happy investing.

LimBanLim      ( Date: 14-Jan-2022 16:37) Posted:

OCBC Bank is really the " sick bank of Singapore" .
 Useful To Me  Not Useful To Me
FATABA
Supreme
14-Jan-2022 16:55     
 
FATABA About Contact  Quote this Post! Style: Combined   Mood: peace
  x 0
  x 0

 Alert Admin 		It seem that they are taking turn to push STI ...first DBS and then UOB now .  OCBC is moving up slowly ( but see the VOL ) 
and the clearing of critical price resitance 12.30 now / big volume eaten up daily 

Just my view ....I see more room for OCBC .  Never know what the new CEO will advise on her First full yr result 
DYODD
happy investing.

LimBanLim      ( Date: 14-Jan-2022 16:37) Posted:

OCBC Bank is really the " sick bank of Singapore" .
 Useful To Me  Not Useful To Me
FATABA
Supreme
14-Jan-2022 16:50     
 
FATABA About Contact  Quote this Post! Style: Combined   Mood: peace
  x 0
  x 0

 Alert Admin 		Thanks Cheery . Look reasonable valuation base on 1.28X .....DBS is way over 1.5X now .


" " " Fair value is raised to SGD34.80 implying 1.28x forward price/book. UOB& rsquo s share price has outperformed the STI index in 2021, underscoring our prior advice to add positions since last year." " "


 

CheeryVGoh      ( Date: 14-Jan-2022 15:38) Posted:

13 Jan 2022 by OCBC

United Overseas Bank Ltd (UOB SP)
- New Fed rate hike cycle in 2022 &bull Singapore banks are poised to benefit from a new Fed rate hike cycle which should commence in June. &bull In terms of sensitivity estimates, UOB&rsquo s management has previously guided a 25bps rate increase could lift NIMs by 3- 4bps. &bull Fair value is upgraded to SGD34.80 as we upgrade our estimates to reflect expectations for NIM expansion ahead and continued recovery from its key Asean markets. &bull In 2021, UOB has delivered double-digit percentage total returns from a year ago, which outpaced the STI index and underscored our prior advice to add positions. Singapore banks have delivered solid double digit gains in 2021, benefitting from the sector&rsquo s sensitivity to higher rate expectations, benign asset quality trends, wealth management franchises and economic re-opening from the pandemic. While UOB&rsquo s share price also delivered solid double digit total returns in 2021, it relatively lagged DBS partly due to concerns over the pace of recovery from the pandemic in its key Asean markets. The Fed&rsquo s new rate hike cycle this year has positive implications for rate sensitive Singapore banks&rsquo net interest margins and earnings outlook - For 2022, we retain our constructive stance on the sector in view of attractive dividend yields and higher Fed funds rate expected from June, which should translate to higher SG/HK interbank rates and sector NIM expansion over the course of 2H22. Costs should be largely controlled as banks continue to scale up their digital capabilities and adopt ESG principles. 9M21 credit cost for the sector was low at 23-25bps. Credit costs has already normalized with ample general provisions/GP buffer (GPs made up 70-100bps of total loans within the sector, which is close to 30bps higher than pre-pandemic year 2019 - this suggests room for banks to write back in 2022 assuming the macro environment continues to show steady progress and loans under moratoriums remain low. Singapore banks are levered to rising rates, with high exposure to currencies that correlate to Fed funds rate. In addition, banks have a relatively high mix of floating rate assets, which should be repriced higher as interbank rates increase. This positioning should benefit the sector in 2022 as the next rate hike cycle kicks off. As of end 3Q21, UOB was estimated to have about 63% of its loan books exposed to SGD, HKD and USD. In addition, Singapore banks have a relatively high mix of floating rate assets, which should be repriced higher as interbank rates increase. With the sector&rsquo s strong deposit franchises and high CASA ratios (UOB&rsquo s CASA ratio ~52.7%), deposit rates tend to be raised at a lagged pace. Given the high exposure of Singapore banks&rsquo loan books to SGD/HKD/USD and relatively low proportion of fixed rate loans, we expect the sector to see NIM expansion and better profitability from the new rate hike cycle. During the last rate hike cycle in 2016-2018, the sector reported average NIM expansion of 10- 17bps and saw improved profitability and higher return on assets. In terms of rate sensitivity, During the last rate hike cycle in 2016-2018, the sector reported average NIM expansion of 10-17bps and saw improved profitability and higher return on assets. In terms of sensitivity estimates, UOB&rsquo s management has previously guided a 25bps short term rate increase could lift its NIMs by 3-4bps. Fair value is raised to SGD34.80 implying 1.28x forward price/book. UOB&rsquo s share price has outperformed the STI index in 2021, underscoring our prior advice to add positions since last year. Our Buy rating is maintained as we await the next Fed lift-off, with valuations still at reasonable levels. Looking ahead, apart from upside from NIM expansion, the gradual reopening of borders within Asean is also supportive of further recovery in regional business flows over the medium term. We continue to see scope for UOB&rsquo s share price to gain ground, with potential catalysts from improving fee income momentum, loans growth recovery, stabilizing NIMs and easing concerns in its ASEAN loan book. The group remains focused on its digital agenda to capture customer demand, and sees opportunities arising from the growth recovery in Greater China and developed markets. Capital management will be a theme to monitor in the new year for banks globally (including Singapore banks) as we enter a new Fed rate hike cycle amid further firming up of the global economic outlook. Within the sector, while we see OCBC Investment Research Market Pulse 13 Jan 2022 4 relatively higher rate sensitivity in DBS, there is better valuation proposition in UOB which has lagged in 2021 due to concerns over the impact of Covid-19 infections in its key Asean markets. This should improve in 2022 as Asean region gradually reopens, which bodes well for asset quality trends. We are constructive on both banks. Next results release for FY21 is expected mid February, where we expect updated guidance from the sector. As a recap, UOB&rsquo s previous FY21E guidance included double digit growth in non interest income, lower credit costs outlook (improved to below 25 bps, from prior 30bps guidance), stable cost income ratio, loans expected at high single-digit and dividend payout ratio of 50%. ESG updates Sustainable financing demand increasing across different client segments. In its latest 1H21 results release, UOB shared the group has seen demand increasing from more companies with the group extending a total of $13bn in financing to clients as of end June 2021. The group has steered wealth towards sustainable investments with total AUM in ESG focused investments estimated at SGD5.7bn as of end June 2021. UOB has been upgraded for its ESG performance in its October 2021 review, joining domestic peer DBS and pegging the bank above the median global industry rating. The latest upgrade was driven by a reassessment of its management practices related to mitigating environmental risks in its lending business which appears to have industry leading practices in ESG due diligence, and executive oversight. Other positives observed include its strong governance performance, alignment of accounting and pay practices with shareholder interests although employee attrition levels are above industry average, which may suggest improvements needed in human capital management areas. Its board is well organized with majority independent composition, separate CEO and chairman roles, which supports management oversight process. The bank has a majority independent risk committee to review risk taking behaviour by senior decision makers. BUY

FATABA      ( Date: 14-Jan-2022 14:22) Posted:

wow that is another $4 run .....care to share the report here .....see what is their justification 
LOl ....
Thank
 Useful To Me  Not Useful To Me
LimBanLim
Member
14-Jan-2022 16:37     
 
LimBanLim About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		OCBC Bank is really the " sick bank of Singapore" .
 Useful To Me  Not Useful To Me


CheeryVGoh
Supreme
14-Jan-2022 15:38     
 
CheeryVGoh About Contact  Quote this Post!   Mood: happy
  x 0
  x 0

 Alert Admin 		13 Jan 2022 by OCBC

United Overseas Bank Ltd (UOB SP)
- New Fed rate hike cycle in 2022 &bull Singapore banks are poised to benefit from a new Fed rate hike cycle which should commence in June. &bull In terms of sensitivity estimates, UOB&rsquo s management has previously guided a 25bps rate increase could lift NIMs by 3- 4bps. &bull Fair value is upgraded to SGD34.80 as we upgrade our estimates to reflect expectations for NIM expansion ahead and continued recovery from its key Asean markets. &bull In 2021, UOB has delivered double-digit percentage total returns from a year ago, which outpaced the STI index and underscored our prior advice to add positions. Singapore banks have delivered solid double digit gains in 2021, benefitting from the sector&rsquo s sensitivity to higher rate expectations, benign asset quality trends, wealth management franchises and economic re-opening from the pandemic. While UOB&rsquo s share price also delivered solid double digit total returns in 2021, it relatively lagged DBS partly due to concerns over the pace of recovery from the pandemic in its key Asean markets. The Fed&rsquo s new rate hike cycle this year has positive implications for rate sensitive Singapore banks&rsquo net interest margins and earnings outlook - For 2022, we retain our constructive stance on the sector in view of attractive dividend yields and higher Fed funds rate expected from June, which should translate to higher SG/HK interbank rates and sector NIM expansion over the course of 2H22. Costs should be largely controlled as banks continue to scale up their digital capabilities and adopt ESG principles. 9M21 credit cost for the sector was low at 23-25bps. Credit costs has already normalized with ample general provisions/GP buffer (GPs made up 70-100bps of total loans within the sector, which is close to 30bps higher than pre-pandemic year 2019 - this suggests room for banks to write back in 2022 assuming the macro environment continues to show steady progress and loans under moratoriums remain low. Singapore banks are levered to rising rates, with high exposure to currencies that correlate to Fed funds rate. In addition, banks have a relatively high mix of floating rate assets, which should be repriced higher as interbank rates increase. This positioning should benefit the sector in 2022 as the next rate hike cycle kicks off. As of end 3Q21, UOB was estimated to have about 63% of its loan books exposed to SGD, HKD and USD. In addition, Singapore banks have a relatively high mix of floating rate assets, which should be repriced higher as interbank rates increase. With the sector&rsquo s strong deposit franchises and high CASA ratios (UOB&rsquo s CASA ratio ~52.7%), deposit rates tend to be raised at a lagged pace. Given the high exposure of Singapore banks&rsquo loan books to SGD/HKD/USD and relatively low proportion of fixed rate loans, we expect the sector to see NIM expansion and better profitability from the new rate hike cycle. During the last rate hike cycle in 2016-2018, the sector reported average NIM expansion of 10- 17bps and saw improved profitability and higher return on assets. In terms of rate sensitivity, During the last rate hike cycle in 2016-2018, the sector reported average NIM expansion of 10-17bps and saw improved profitability and higher return on assets. In terms of sensitivity estimates, UOB&rsquo s management has previously guided a 25bps short term rate increase could lift its NIMs by 3-4bps. Fair value is raised to SGD34.80 implying 1.28x forward price/book. UOB&rsquo s share price has outperformed the STI index in 2021, underscoring our prior advice to add positions since last year. Our Buy rating is maintained as we await the next Fed lift-off, with valuations still at reasonable levels. Looking ahead, apart from upside from NIM expansion, the gradual reopening of borders within Asean is also supportive of further recovery in regional business flows over the medium term. We continue to see scope for UOB&rsquo s share price to gain ground, with potential catalysts from improving fee income momentum, loans growth recovery, stabilizing NIMs and easing concerns in its ASEAN loan book. The group remains focused on its digital agenda to capture customer demand, and sees opportunities arising from the growth recovery in Greater China and developed markets. Capital management will be a theme to monitor in the new year for banks globally (including Singapore banks) as we enter a new Fed rate hike cycle amid further firming up of the global economic outlook. Within the sector, while we see OCBC Investment Research Market Pulse 13 Jan 2022 4 relatively higher rate sensitivity in DBS, there is better valuation proposition in UOB which has lagged in 2021 due to concerns over the impact of Covid-19 infections in its key Asean markets. This should improve in 2022 as Asean region gradually reopens, which bodes well for asset quality trends. We are constructive on both banks. Next results release for FY21 is expected mid February, where we expect updated guidance from the sector. As a recap, UOB&rsquo s previous FY21E guidance included double digit growth in non interest income, lower credit costs outlook (improved to below 25 bps, from prior 30bps guidance), stable cost income ratio, loans expected at high single-digit and dividend payout ratio of 50%. ESG updates Sustainable financing demand increasing across different client segments. In its latest 1H21 results release, UOB shared the group has seen demand increasing from more companies with the group extending a total of $13bn in financing to clients as of end June 2021. The group has steered wealth towards sustainable investments with total AUM in ESG focused investments estimated at SGD5.7bn as of end June 2021. UOB has been upgraded for its ESG performance in its October 2021 review, joining domestic peer DBS and pegging the bank above the median global industry rating. The latest upgrade was driven by a reassessment of its management practices related to mitigating environmental risks in its lending business which appears to have industry leading practices in ESG due diligence, and executive oversight. Other positives observed include its strong governance performance, alignment of accounting and pay practices with shareholder interests although employee attrition levels are above industry average, which may suggest improvements needed in human capital management areas. Its board is well organized with majority independent composition, separate CEO and chairman roles, which supports management oversight process. The bank has a majority independent risk committee to review risk taking behaviour by senior decision makers. BUY

FATABA      ( Date: 14-Jan-2022 14:22) Posted:

wow that is another $4 run .....care to share the report here .....see what is their justification 
LOl ....
Thanks

CheeryVGoh      ( Date: 14-Jan-2022 14:14) Posted:

$29.88 liao. OCBC BUY call at fair value : $34.80.

 
 Useful To Me  Not Useful To Me
FATABA
Supreme
14-Jan-2022 15:15     
 
FATABA About Contact  Quote this Post! Style: Combined   Mood: peace
  x 0
  x 0

 Alert Admin 		Wow banks are hitting newer high 
DBS 35.87 ....result week shld see $36
UOB 29.95 ....also result wk and w a 60c dividend n pontential of special dividend if any ....where will it go 
OCBC ....12.30  ( just like at 12.10 where a 1m lot block .....I think it will be remove by nex week ) 

DYODD 
Huat huat 
 
 Useful To Me  Not Useful To Me
FATABA
Supreme
14-Jan-2022 14:26     
 
FATABA About Contact  Quote this Post! Style: Combined   Mood: peace
  x 0
  x 0

 Alert Admin 		yes, thanks to our government early recognisation from Pandemic to edemic ....and mgt of the various / highest jab rate in this region .
We cld expect ever more opening VTL .....after Jan 2022 
STI may have chance to see 3500 this year .

Hmm what wld be our 3 banks prices then . 

DYODD 
 

TA_Expert      ( Date: 14-Jan-2022 14:22) Posted:

Singapore is in a bull run. Monies are flowing in. STI is the best performer.  yes

No more virus fear. GDP super! GST super! Inflation super Everything super!
 Useful To Me  Not Useful To Me
FATABA
Supreme
14-Jan-2022 14:22     
 
FATABA About Contact  Quote this Post! Style: Combined   Mood: peace
  x 0
  x 0

 Alert Admin 		wow that is another $4 run .....care to share the report here .....see what is their justification 
LOl ....
Thanks

CheeryVGoh      ( Date: 14-Jan-2022 14:14) Posted:

$29.88 liao. OCBC BUY call at fair value : $34.80.

 

CheeryVGoh      ( Date: 14-Jan-2022 14:11) Posted:

Kill 4 birds with 1 stone
 Useful To Me  Not Useful To Me
TA_Expert
Supreme
14-Jan-2022 14:22     
 
TA_Expert About Contact  Quote this Post!  
Yells: "The World has changed"
  x 0
  x 0

 Alert Admin 		Singapore is in a bull run. Monies are flowing in. STI is the best performer.  yes

No more virus fear. GDP super! GST super! Inflation super Everything super!
 Useful To Me  Not Useful To Me
CheeryVGoh
Supreme
14-Jan-2022 14:14     
 
CheeryVGoh About Contact  Quote this Post!   Mood: happy
  x 0
  x 0

 Alert Admin 		$29.88 liao. OCBC BUY call at fair value : $34.80.

 

CheeryVGoh      ( Date: 14-Jan-2022 14:11) Posted:

Kill 4 birds with 1 stone.

FATABA      ( Date: 14-Jan-2022 10:15) Posted:

OKOK UOB won CITI SEAsian assets in $3.6B deal 


 Useful To Me  Not Useful To Me
CheeryVGoh
Supreme
14-Jan-2022 14:11     
 
CheeryVGoh About Contact  Quote this Post!   Mood: happy
  x 0
  x 0

 Alert Admin 		Kill 4 birds with 1 stone.

FATABA      ( Date: 14-Jan-2022 10:15) Posted:

OKOK UOB won CITI SEAsian assets in $3.6B deal 

 Useful To Me  Not Useful To Me
FATABA
Supreme
14-Jan-2022 12:57     
 
FATABA About Contact  Quote this Post! Style: Combined   Mood: peace
  x 0
  x 0

 Alert Admin 		DBS result on 14th Feb before mkt opens.  Valentine gift haha
 Useful To Me  Not Useful To Me
                                                         First   < Newer   1101-1120 of 2114   Older>   Last  



ShareJunction Version: 27 Nov 2020 ver- All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.