| Latest Forum Topics / Others |
 Post Reply
|
|
3 BIG Spore banks ....:))
|
|||||
|
FATABA
Supreme |
20-Dec-2021 13:57
|
||||
|
x 0
x 0 Alert Admin |
now yu knw the fear of Omicron could be one of the main factor couple to BB push mkt down ( for them to balance profolio maybe for 2022) Whatever reasons many wish to add. I just wish to highlight OCBC . bK value 11.49 ( phillip site ) One of the profitable solid Asean bank trading below its book 2019 dividend of 53c wld put it at 4.7% yield ( price 11.20 at of this moment ) I am sure many can check on their last financial reporting . Not forgetting GE, Bank of Singapore are all doing very well . DYODD happy investing.
|
||||
| Useful To Me Not Useful To Me | |||||
|
elisa28
Master |
17-Dec-2021 19:50
|
||||
|
x 0
x 0 Alert Admin |
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
elisa28
Master |
17-Dec-2021 19:02
|
||||
|
x 0
x 0 Alert Admin |
All 3 banks got dump during the close and SGX was too. Anyone knows what' s going on?
|
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
17-Dec-2021 14:53
|
||||
|
x 0
x 0 Alert Admin |
Yes I think so too .....11.46 now , test 12 this year LOL
|
||||
| Useful To Me Not Useful To Me | |||||
|
CheeryVGoh
Supreme |
17-Dec-2021 12:45
|
||||
|
x 0
x 0 Alert Admin |
Today volume for OCBC is very high. Looking forward to her catching up with the other 2 banks.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
FATABA
Supreme |
17-Dec-2021 11:21
|
||||
|
x 0
x 0 Alert Admin |
I doubt 4/5 for any company buy back of this volume need special approval ....total of 6000 lots if not wrong over $68m base on estimate ( in fact doubt they ever do this type of large buyin ) 3. is not possible for index ....banks weight is much reduced. I hate to speculate but might be something major ( especially when it is still trading below book value ) . Taking GE private is one good possibility DYODD
|
||||
| Useful To Me Not Useful To Me | |||||
|
Adrianinsing
Elite |
17-Dec-2021 11:15
|
||||
|
x 0
x 0 Alert Admin |
I' m seriously wondering also could be any of the following 1. International institutions buying ( exiting US) 2. Take over 3. index buying 4. company ( OCBC) buying for investment 5. Temasek buying for investment I have no clue Anyone else have other ideas ?
|
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
17-Dec-2021 10:44
|
||||
|
x 0
x 0 Alert Admin |
wow wow wow 3 super large married deal on OCBC , Each over $10M deal anyone any news ? |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
FATABA
Supreme |
17-Dec-2021 09:33
|
||||
|
x 0
x 0 Alert Admin |
Wow great non oil growth for nov in Singapore . LARGE married deal of 1.533m shares done for OCBC at 11.41 STILL below its book value. Worry on its property loan in China is over reacted. Last MAS/China bank request proof all 3 banks are in strong position for their loan . LOL if the Spore new property cooling could really affect all our banks ...in my view it is a much needed action to avoid some bad loan ( several warning were on the news for mths ....just agents and developers are unhappy ....retail should be very glad) The interest rate increases are good news for banks ....as to really 3X and the amount ...it is still speculation. Feb wld be stupid to do it w quick actions and crash the market ...more so a calculated move. Omicron or not , economy and market has to OPEN. it is just a matter of speed of opening. With most Sporen taking mRNA ( lucky ppl here trusted the govn and understand the efficiency rate ...if not ? ) ....a third jab wld ride Singapore over this latest varient . We might see STI powering up 3400 over next 3/6mths As such , we ( singapore ) should still see good growth at least into 1H 2022 baring any crash of US market. ( honestly China is a diff issue ) Just my view, Dyodd Happy investing.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Luzern
Supreme |
16-Dec-2021 21:21
Yells: "9" |
||||
|
x 0
x 0 Alert Admin |
Then there is the China exposure..................and the worsening China property developer debt issue............. | ||||
| Useful To Me Not Useful To Me | |||||
|
CheeryVGoh
Supreme |
16-Dec-2021 18:51
|
||||
|
x 0
x 0 Alert Admin |
OCBC share price to rocket with Great Eastern Holdings exit?Will it be 3rd time lucky for OCBC Bank? The venerable bank tried to privatise Great Eastern Holdings (GEH) unsuccessfully in 2004 and 2006. In the 2006 attempt, OCBC Bank managed to raised its stake in Great Eastern to 87.1%. Since then, OCBC Bank has steadily increased its stake to 87.91% as at 31 March 2021. If a privatisation does materialise, what would be the impact on OCBC share price (SGX: O39)? Under SGX Rule 723 of the Listing Manual, listed companies must ensure that at least 10% of their issued shares must be held by the public. As OCBC currently holds about 12% of Great Eastern, the bank would just need to acquire only 2% more of Great Eastern shares in order to trigger the mandatory delisting requirement. The impetus for the acquisition should be the ailing OCBC share price. Year-to-date, OCBC share price has increased by a mere 12.9%. In contrast, DBS share price has surged by a whopping 26.7% year-to-date. Notably, the explosive surge in DBS share price came after its acquisition of 13% stake in Shenzhen Rural Commercial Bank in April 2021 and India&rsquo s Lakshmi Vilas Bank in November 2020. The acquisitions signalled the growth initiatives of DBS and helped to diversify revenue sources. Hence, it is not surprising that DBS share price had been on fantastic form throughout the year. Over at OCBC, the lack of major acquisitions for the past two years coincided with the tepid form of OCBC share price. OCBC share price (SGX: )39) went AWOL OCBC share price (SGX: )39) to rocket to Mars! OCBC share price in Ring of Fire To be fair to OCBC, CEO Helen Wong has just taken over the CEO position in April this year. So it would not be realistic for OCBC to mount an acquisition of a foreign bank so soon. However, the privatisation of GEH could be a significant, yet a low-hanging fruit for the CEO. She would have achieved a feat not accomplished by previous CEOs &ndash David Connor and Samuel Tsien. Given that Great Eastern has evolved to become a crown jewel for OCBC, the acquisition is definitely a strategic move. It would also cement OCBC as a leading financial powerhouse as both DBS and UOB do not own any insurance companies. The main reason for the 2004 and 2006 takeover flops was probably because the minority shareholders refused to sell. The case may be different now if OCBC tabled an offer comprising of OCBC shares and cash component. At current trading level of OCBC share price, the offer should be attractive enough for the Great Eastern minority shareholders. Note that this is an opinion article and not meant to be a financial advice. Please do your due diligence or engage financial advisors before investing in the stock market. I am vested in this counter, so my views on OCBC share price may be biased. |
||||
| Useful To Me Not Useful To Me | |||||
|
Adrianinsing
Elite |
16-Dec-2021 17:28
|
||||
|
x 0
x 0 Alert Admin |
Totally not vested My experience in the market since 1987 tells me time and time again OCBC will definitely catch up on a % basis with DBS and UOB All banks will trade 1.2 times book value by the time results are out in early February
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
FATABA
Supreme |
16-Dec-2021 16:51
|
||||
|
x 0
x 0 Alert Admin |
Today DBS and UOB trade again UP above the $32 and $27 mark. ONLY yes ONLY OCBC is still trading below its book value of $11.49 ? Singapore top 3 banks deserve to trade easily at 1.2X its book or more in better times. Come End Jan 2022 , all 3 banks will be giving off their Full 2021 result and the dividend . Dyodd and may have a good CNY angpow coming up Happy investing. |
||||
| Useful To Me Not Useful To Me | |||||
|
Luzern
Supreme |
10-Dec-2021 13:24
Yells: "9" |
||||
|
x 0
x 0 Alert Admin |
Evergrande declared in default as huge restructuring loomsBloomberg Published on Fri, Dec 10, 2021 / 12:20 PM GMT+8 / Updated 50 minutes ago
https://www.theedgesingapore.com/news/debt-and-defaults/evergrande-declared-default-huge-restructuring-looms
|
||||
| Useful To Me Not Useful To Me | |||||
|
CheeryVGoh
Supreme |
10-Dec-2021 12:17
|
||||
|
x 0
x 0 Alert Admin |
UOB and CitiCitigroup has chosen its preferred bidders for as it sells off its consumer assets in select markets in Asia, putting Bank of Ayudhya in the lead for a US$2 billion deal for the Thai retail assets and UOB at the top of the list for the Indonesian assets, deal valued at &ldquo several hundred million dollars,&rdquo according to a Bloomberg report which cited people familiar with the matter. In addition, Standard Chartered is the leading bidder for Citi&rsquo s retail consumer assets in Malaysia, the report said, citing the people familiar with the matter. |
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
09-Dec-2021 10:18
|
||||
|
x 0
x 0 Alert Admin |
with this growth ......our 3 banks should be showing a good set of result for 2021 . What is the basic dividend is given ....question on most mind wld be " any special dividend ? " All 3 banks can afford and within their payout ratio for 2021 . Just awaiting any angpow from them come end Jan. early Feb. Dyodd Singapore to grow 6.9% in 2021, 4% in 2022: private-sector economists PRIVATE-SECTOR economists expect Singapore' s full-year growth to be 6.9 per cent in 2021 and 4 per cent in 2022, according to the Monetary Authority of Singapore' s (MAS) latest quarterly survey of professional forecasters released on Wednesday (Dec 8). This is comparable to the government' s forecasts of " around 7 per cent" for 2021, and 3 per cent to 5 per cent for 2022. For the fourth quarter, economists expect growth of 4.6 per cent year on year. An escalation in the Covid-19 situation is still seen as the top downside risk, but concerns have increased over the risks of a China slowdown and global monetary policy tightening, with inflation expectations also rising. |
||||
| Useful To Me Not Useful To Me | |||||
|
gslgsl
Senior |
07-Dec-2021 16:31
|
||||
|
x 0
x 0 Alert Admin |
A transaction could value the assets at about $2 billion, they said. In Indonesia, Citigroup has selected the Singaporean lender United Overseas Bank Ltd. as its preferred bidder, the people said. A sale could fetch several hundred million dollars, the people said. Citi Picks Favorites for Over $3 Billion in Asia Sales Read more at: https://www.bloombergquint.com/china/citi-said-to-pick-favorites-for-over-3-billion-in-asia-sales |
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
07-Dec-2021 09:21
|
||||
|
x 0
x 0 Alert Admin |
STI is back above 3100 , with another 3.5weeks to end 2021 ....will STI go to 3200 ?? DBS is close to the 32 and UOB is still trying for 27 and OCBC 11.50 W initial positive news that Omicron is not as deadly as it sound ......global market could react . ( Christmas rally) Your guess is as good as mind Dyodd |
||||
| Useful To Me Not Useful To Me | |||||
|
tongphlp
Supreme |
02-Dec-2021 12:38
|
||||
|
x 0
x 0 Alert Admin |
yup...u saw my open and close brackets? I only trust Pfizer and Sinovac :)
|
||||
| Useful To Me Not Useful To Me | |||||
|
CheeryVGoh
Supreme |
02-Dec-2021 12:29
|
||||
|
x 0
x 0 Alert Admin |
The media can never be fully reliable. The BB aka Financial institutions are controlling & influencing the markets with their views and actions.
|
||||
| Useful To Me Not Useful To Me | |||||