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OCBC Bank
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do not bet against the sg bank shares
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chartistkao1
Supreme |
03-Mar-2023 14:25
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BB go in to buy adani' s share after its lost $150 b market cap
why you run?
Wee Ee Cheong, CEO of United Overseas Bank (UOB), has raised his stake in the bank his family controls. On Feb 23, he acquired 100,000 shares on the open market at about $29.58 each, bringing his direct stake to 3.28 million shares, equivalent to 0.2%.
In addition, Wee has a deemed stake in another 173.7 million shares. The two stakes give him a total deemed interest of nearly 177 million shares, equivalent to 10.57%. The last time Wee bought from the market was on Aug 19 when he acquired 25,000 shares at $26.80 each. Wee aside, the most recent acquisition by a UOB director was on Nov 11, 2022, when chairman Wong Kan Seng acquired 10,000 shares at about $29.39 each, bringing his holdings to 32,470 shares.
UOB reported its FY2022 ended December 2022 earnings before the market opened on Feb 23, the same day Wee bought the shares. In FY2022, the bank reported earnings of $4.8 billion, up 18% from $4.08 billion in FY2021, thanks to better margins from higher interest rates. The bank plans to pay a final dividend of 75 cents. This brings the payout for FY2022 to $1.35, representing a payout ratio of around 49%. Besides enjoying the gains from higher interest rates, the bank has charted new growth ahead with the recent acquisition of Citigroup&rsquo s consumer banking business in four markets: Malaysia, Thailand, Indonesia and Vietnam. &ldquo This transformational deal, sealed during the pandemic, positions us well in our strategic ambitions in the regional consumer banking space. We are excited to serve our enlarged customer base of 7 million with our expanded network and strengthened capabilities,&rdquo says Wee. &ldquo The Asean region is vibrant with immense long-term potential. We remain positive about the region despite the global economic gloom in the near term. Looking ahead, we are confident that our strategy of seeking growth while ensuring stability will continue to create value for our customers and other stakeholders,&rdquo he adds.  
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Ling9345
Master |
02-Mar-2023 16:59
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BB run 🏃 ♂ ️ 🏃 ♂ ️ run | ||||
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chartistkao1
Supreme |
02-Mar-2023 16:57
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buying ocbc share time https://links.sgx.com/FileOpen/Anno_1Mar2023.ashx?App=Announcement& FileID=748624
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chartistkao1
Supreme |
01-Mar-2023 17:28
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usd rupiah 15235 The impact of US rate hikes on the Indonesian economy will depend on a range of factors, including the size and speed of the rate increases, as well as Indonesia' s own economic and financial conditions. One potential impact of US rate hikes is that they could lead to higher borrowing costs for Indonesian companies and the government. If Indonesian borrowers have significant dollar-denominated debt, as is often the case in emerging markets, then higher US interest rates could lead to higher borrowing costs and debt servicing costs, putting pressure on the economy. In addition, higher US rates could lead to a strengthening of the dollar, which could make Indonesian exports more expensive and less competitive in global markets. This could hurt Indonesian businesses that rely on exports for their revenue, and could also lead to a wider trade deficit. On the other hand, if the US rate hikes are driven by a strong US economy and higher demand for imports, this could be positive for Indonesia' s export-oriented economy, which could benefit from increased demand for Indonesian goods. Overall, the impact of US rate hikes on the Indonesian economy is complex and will depend on a range of factors. While higher US rates could pose challenges for the Indonesian economy, there may also be opportunities for growth and development if the global economic environment remains favorable.  
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chartistkao1
Supreme |
01-Mar-2023 16:57
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Emerging markets are economies that are in the process of rapid growth and development, and are often characterized by high levels of economic volatility and uncertainty. These economies often rely heavily on foreign investment and financing to fund their growth, which can lead to heavy borrowing in foreign currencies such as the US dollar. One of the key risks associated with heavy dollar loan borrowings in emerging markets is currency mismatch. If the value of the local currency falls against the dollar, the cost of servicing these loans increases, putting significant pressure on the borrower' s ability to repay. In addition, if global interest rates rise, the cost of servicing these loans also increases, which can be particularly challenging for emerging market borrowers with weaker credit profiles. Despite these risks, many emerging market borrowers continue to borrow heavily in dollars due to the relative ease and lower cost of access to funding, as well as the potential benefits of diversifying their sources of financing. However, it is important for borrowers to manage their currency and interest rate risk carefully, and to ensure that they have adequate reserves and other safeguards in place to manage potential financial shocks.  
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chartistkao1
Supreme |
01-Mar-2023 16:51
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The Fed, which announced a smaller quarter-point rate hike this week, has raised interest rates from 0.25 percent in March 2022 to a current level of 4.75 percent. In turn, inflation rates have dropped from a peak of 9.1 percent in June 2022 to 6.5 percent in December 2022.2 Feb 2023
 
If the Federal Reserve were to hike interest rates more than 12 times, it could have significant effects on the global economy. Here are some potential consequences:
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chartistkao1
Supreme |
01-Mar-2023 16:38
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how us continue to supply weapons to ukraine and rate hikjes screw up global economy usd sgd 1.34  
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chartistkao1
Supreme |
01-Mar-2023 13:42
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usd sgd-1.3459 usd cnh-6.9123 eurousd- 1.0592 usdyen 13641 gbpusd-1.2041  
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chartistkao1
Supreme |
01-Mar-2023 13:30
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A US recession could potentially have an impact on Singapore' s property market, as Singapore is a small and highly open economy that is heavily reliant on exports and foreign investment. If the US recession leads to a slowdown in the global economy, it could reduce demand for Singapore' s exports, leading to a decrease in economic growth and potentially impacting the property market. Additionally, if the recession leads to a decrease in foreign investment in Singapore, it could lead to a decrease in demand for properties in the country. Singapore' s property market has historically been attractive to foreign investors due to its stability, strong legal framework, and attractive yields. A US recession could reduce investor confidence and lead to a decrease in foreign investment in Singapore, potentially impacting the property market. However, it is important to note that there are other factors that can impact Singapore' s property market, such as domestic policies, interest rates, and market dynamics. Therefore, while a US recession could potentially have an impact on Singapore' s property market, the exact impact will depend on a variety of factors and is difficult to predict with certainty.  
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chartistkao1
Supreme |
01-Mar-2023 13:28
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A US and Europe recession could have a significant impact on Asia, both in terms of trade and financial markets. Here are some possible effects:
 
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chartistkao1
Supreme |
01-Mar-2023 11:45
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One factor that can contribute to disunity is economic stress. When prices rise rapidly, people may struggle to afford basic necessities, leading to financial stress and hardship. This can create tension and anxiety within families and communities, as people struggle to make ends meet. In addition, inflation can lead to social and political unrest, as people become dissatisfied with their economic conditions and may blame government policies or other factors for their struggles. This can lead to protests, strikes, and other forms of social unrest, which can further divide people and create tension within society. Furthermore, economic hardship and inflation can exacerbate existing social and economic inequalities, as people with fewer resources or in marginalized communities may be hit harder by rising prices and other economic challenges. This can lead to feelings of frustration and anger among these groups, which can further contribute to disunity and social tension. Overall, economic hardship and high inflation can have a wide range of impacts on society, including contributing to disunity and social tension. It is important for governments and other organizations to work to address these challenges and promote economic stability and social cohesion, in order to build a more equitable and resilient society.  
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chartistkao1
Supreme |
01-Mar-2023 11:35
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The Federal Reserve has the authority to adjust interest rates, which can impact the economy by affecting the cost of borrowing for businesses and individuals. When the economy is growing too quickly and inflation is rising, the Federal Reserve may decide to raise interest rates in order to cool off the economy and prevent inflation from becoming too high. It is possible that the Federal Reserve could engineer a " soft landing" by implementing a series of gradual interest rate hikes in a careful and measured way. By doing so, they could potentially slow down economic growth and inflation without causing a recession or significant disruption to the economy. However, it is important to note that the outcome of any interest rate policy is subject to a range of complex and unpredictable factors, including global economic conditions, geopolitical events, and market sentiment. In addition, the impact of interest rate hikes can be felt differently across different industries and sectors of the economy. In order to engineer a soft landing, the Federal Reserve would need to carefully balance the need to slow down economic growth and prevent inflation with the need to avoid causing a significant slowdown in economic activity or disruptions to financial markets. They would also need to carefully monitor the impact of their policies on different sectors of the economy and adjust their approach as needed. Overall, while it is possible that the Federal Reserve could engineer a soft landing through careful and measured interest rate hikes, there are many complex and unpredictable factors that could impact the outcome, and the Fed would need to carefully monitor the situation and adjust its policies as needed.  
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chartistkao1
Supreme |
01-Mar-2023 11:30
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us no limit so called " debt ceiling limit" The United States' currency, the dollar, is one of the world' s reserve currencies, which means that it is widely used for international transactions, and many countries hold significant amounts of US dollars in their foreign exchange reserves. The US Federal Reserve has the authority to adjust interest rates, which can impact the value of the dollar. While the US Federal Reserve has the ability to adjust interest rates, it is important to note that other factors also influence the value of the dollar, such as global economic conditions, geopolitical events, and market sentiment. It is possible that if the US raises interest rates significantly, it could strengthen the value of the dollar relative to other currencies, making it more expensive for other countries to borrow in dollars. This could potentially impact countries that rely heavily on US dollar borrowing, as well as companies that have significant US dollar-denominated debt. However, it is important to note that interest rate hikes are typically implemented gradually and with careful consideration, in order to avoid disruptive impacts on the global economy. In addition, many central banks around the world are also closely monitoring global economic conditions and adjusting their own interest rates accordingly, which can help to mitigate the impact of any changes in US interest rates. Overall, while US interest rate hikes could potentially impact the value of the dollar, it is important to consider a range of factors when assessing the global economic outlook and the potential impacts on various countries and industries.  
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chartistkao1
Supreme |
01-Mar-2023 11:26
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An asset-light business model for Keppel Offshore & Marine (Keppel O& M) would involve the company reducing its ownership of physical assets, such as shipyards and manufacturing facilities, and instead focusing on providing value-added services and solutions to customers. One potential way that Keppel O& M could implement an asset-light business model is by partnering with other companies or outsourcing certain functions, such as manufacturing or logistics. This could help to reduce the company' s capital expenditures and overhead costs, while still allowing it to provide high-quality products and services to customers. Another potential strategy for an asset-light business model would be to focus on developing innovative solutions and technologies, such as digital platforms or advanced engineering services, that can be delivered remotely or through partnerships with other companies. By adopting an asset-light business model, Keppel O& M could potentially improve its profitability and cash flow, while also reducing its exposure to the risks associated with owning and operating physical assets. However, it is important to note that any shift to an asset-light model would need to be carefully planned and executed, taking into account factors such as customer needs, market trends, and the competitive landscape. An asset-light model for Keppel Corporation would involve reducing the company' s reliance on physical assets and instead focusing on generating revenue through high-margin services, intellectual property, and strategic partnerships. One potential way that Keppel could implement an asset-light model is by shifting its focus towards technology and innovation. This could involve investing in research and development to develop new products or services that can be licensed or sold to customers, or partnering with technology companies to offer new solutions and services. Another potential strategy for an asset-light model would be to focus on building strong partnerships with other companies in complementary industries, such as renewable energy or logistics. This could help to expand Keppel' s reach and market share without requiring significant capital expenditures on physical assets. In addition, Keppel could also explore opportunities to monetize its existing intellectual property, such as patents or trademarks, through licensing agreements or strategic partnerships. Overall, an asset-light model for Keppel could help to reduce the company' s capital expenditures and improve its profitability, while still allowing it to maintain a strong competitive position in its core markets. However, any shift to an asset-light model would need to be carefully planned and executed, taking into account factors such as market trends, customer needs, and the competitive landscape. https://www.theedgesingapore.com/capital/brokers-calls/sembmarine-shareholders-approval-marks-another-step-towards-asset-light  
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chartistkao1
Supreme |
01-Mar-2023 11:21
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It is difficult to predict the future with certainty, especially when it comes to economic and financial matters. However, it is possible that Singapore banks could face an increase in bad loans if the US hikes rates beyond 2022. When interest rates rise, it can become more difficult for individuals and businesses to service their debt, which can increase the risk of default. In addition, rising interest rates can also lead to a slowdown in economic growth, which can in turn impact the credit quality of borrowers. That being said, it is important to note that Singapore banks are generally well-capitalized and have a strong track record of managing credit risk. In addition, the Monetary Authority of Singapore (MAS) closely monitors and regulates the banking industry to ensure that banks are operating in a safe and sound manner. Furthermore, it is worth noting that Singapore' s economy is relatively diversified, with a strong focus on sectors such as finance, technology, and healthcare. This diversification can help to mitigate the impact of any slowdowns in particular industries or regions. Overall, while there is always some level of risk associated with lending and investing, Singapore banks are generally considered to be well-positioned to manage any potential risks associated with rising interest rates or other economic challenges. However, it is important for banks and regulators to remain vigilant and proactive in managing these risks.  
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chartistkao1
Supreme |
01-Mar-2023 11:15
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Keppel Offshore & Marine (Keppel O& M) and Sembcorp Marine are two major players in Singapore' s offshore and marine industry. In August 2020, the companies announced that they had entered into a non-binding Memorandum of Understanding (MoU) to explore a potential merger of their businesses. The proposed merger is aimed at creating a stronger, more competitive entity that is better positioned to navigate the challenges facing the offshore and marine industry, including the ongoing impact of the COVID-19 pandemic, the slowdown in global oil and gas markets, and the shift towards cleaner energy sources. If the merger proceeds, it is expected to result in significant cost savings and operational efficiencies, as well as a more streamlined and integrated supply chain. The combined entity would also have a broader range of capabilities and services, allowing it to better meet the evolving needs of its customers. https://www.kepcorp.com/en/the-proposed-distribution-in-specie-of-sembcorp-marine-ltd-shares-dis-shares/  
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chartistkao1
Supreme |
01-Mar-2023 10:57
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after april 2022 with the lifting of covid 19 movement restrictions One potential consequence of the easing of movement restrictions is an increase in dining out. Many restaurants and cafes have been hit hard by the pandemic, and the ability to reopen fully or increase capacity can provide a much-needed boost to their business.
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chartistkao1
Supreme |
01-Mar-2023 09:46
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Singapore' s largest office listed landlord is currently CapitaLand Limited, which is one of Asia' s largest diversified real estate groups. CapitaLand' s portfolio includes a wide range of properties, including commercial, retail, and residential developments across various markets in Asia, Europe, and the United States. In Singapore, CapitaLand has a significant presence in the office space market and manages several large office buildings in prime locations such as the Central Business District (CBD). Some of their notable properties in Singapore include CapitaGreen, Capital Tower, and Raffles City Tower. CapitaLand has also been actively expanding its presence in other markets, such as China, India, and Vietnam, through strategic partnerships and acquisitions. Other major players in the Singapore office space market include Keppel Land Limited, Mapletree Investments Pte Ltd, and Frasers Property Limited. These companies also have significant portfolios of office properties in Singapore and are active players in the commercial real estate industry in Asia and beyond.  
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chartistkao1
Supreme |
01-Mar-2023 09:44
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It is possible that tech layoffs in the US could have an impact on Singapore office rent, but the extent of the impact will depend on a variety of factors, including the size and scope of the layoffs, the industries affected, and the overall economic conditions in both countries. If there are significant layoffs in the US tech industry, it could lead to reduced demand for office space in Singapore as companies may downsize or delay expansion plans. This could, in turn, lead to a decrease in rental prices as landlords may need to lower prices to attract tenants. However, it' s important to note that the impact may not be immediate or uniform across all sectors and regions. On the other hand, it' s also possible that the impact of tech layoffs in the US may be offset by other factors that drive demand for office space in Singapore, such as the growth of local startups or the expansion of other industries. Overall, predicting the impact of US tech layoffs on Singapore office rent is difficult, and it' s important to closely monitor economic trends and market conditions to fully understand the impact on the commercial real estate market.  
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chartistkao1
Supreme |
28-Feb-2023 15:53
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Some examples of Singapore' s investments in India include:
 
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