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Hong Leong Fin
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HL Finance as proxy of Singapore future
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Qanghoo
Supreme |
01-Jul-2019 10:46
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With family controlled coys I for one wldn' t be so sure though what cld happen in the future.  For HL, my own view is, when the next gen takes over (KLB n QLC are already in late autumn), will they be as disciplined, not to mention maintaining the fine balance in the SG n Malalysian sides of the grp, or wld discord n infighting erupt to rock the solid base so painstakingly built by the first two gens?
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runaway
Senior |
01-Jul-2019 10:38
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Proxy to HLF industry, ie Finance yes, but Not to Singapore economy. HLF may only have organic growth because it is Singapore centric, while other industries with regional and  global exposure may have double digit or exponential growth. You are using proxy to Singapore economy too lightly.   |
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investshare
Supreme |
01-Jul-2019 10:25
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Isn?t Singapore ?only have organic growth, slow and steady??
What I said is as a proxy, not to outdo.
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runaway
Senior |
01-Jul-2019 10:22
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Without doubt, HLF is a top Finance company locally. As a local company, it will Only have organic growth, slow and steady. At best, it is a proxy to the Finance companies. As a proxy to Singapore economy? You are conparing Apple with orange.   |
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investshare
Supreme |
01-Jul-2019 10:14
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Digital bank license or not, HLF is a proxy of Singapore future. Own a piece of Singapore future. Don?t be left behind. | ||||
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runaway
Senior |
01-Jul-2019 10:07
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How to grant a full banking Licence when you dont qualify, and there are better candidates? Of those non-local home grown granted, how do you compare HLF against Standard Chartered or any others?   |
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investshare
Supreme |
01-Jul-2019 09:52
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Follow the wise Singaporeans..
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Jamesbond007
Veteran |
01-Jul-2019 08:39
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Reason is because it was never granted a banking licence in the first place.
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runaway
Senior |
30-Jun-2019 22:10
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Singapore is an export driven economy How can HLF be a proxy if it is domestic focused and doesn&rsquo t not do any trade with the the outside world ? HLF will have little impact if it does not do well, but if DBS is in trouble, Singapore will be shaken. To be a proxy, size matters, so is its international standing.   |
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investshare
Supreme |
30-Jun-2019 21:24
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DBS is a good company, no doubt.
But it has big exposure in China and India, not only Singapore. Whereas HL is all Inv Singapore, thus a better proxy.
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runaway
Senior |
30-Jun-2019 21:14
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The subject title is a joke. HLF   is a good company with consistent and profitable track records. But to name it as the proxy of Singapore future is an insult to many other more deserving companies, DBS is one. HLF focus is SME. It is an old school Finance company that is doing what it does best., and has been successful since. I dont think there are interested in the digital bank licenses.   |
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Qanghoo
Supreme |
30-Jun-2019 19:44
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The sudden increase was in conjunction with triple witching actions, n px has retreated since then.  My position is they don' t meet the requirement for the db licence, n I doubt if they are gonna apply at all. 
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AttasBoss
Elite |
30-Jun-2019 11:48
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Impressive 6 days before official news out
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mcking
Member |
30-Jun-2019 11:24
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Another self glorifying statement from someone who knows nothing.  
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Jamesbond007
Veteran |
29-Jun-2019 22:23
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Time to give Hong Leong a banking licence, after so many years. Remember Keppel Bank? | ||||
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investshare
Supreme |
29-Jun-2019 18:31
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As I said before ..
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Belteshazzar
Master |
29-Jun-2019 17:50
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No problem, they will meet all requirements if they want to | ||||
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Jamesbond007
Veteran |
29-Jun-2019 13:54
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Of course, it is HQed in Spore n controlled by Sporeans. What is the problem? No problem. | ||||
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Qanghoo
Supreme |
29-Jun-2019 10:29
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HLF is at least 22% deemed to be owned by Hong Leong Investment Holdings.  Not all directors of HLIH are SC. | ||||
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mcking
Member |
29-Jun-2019 09:37
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Nothing come out of your stupid mouth make sense...Kwek Leng Beng is a Singaporean. His dead father was also a Singaporean.  HL Finance has always been controlled by Singaporean....u invest so long and know nothing.  
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