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ozone2002 Supreme	27-Mar-2015 14:53        ozone2002 About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	Last:10.65     Vol:1827k     +0.05 come on break the high! ozone2002      ( Date: 27-Mar-2015 11:37) Posted: Last:10.62     Vol:1014k     +0.02 t 10.65 ..the 52 wk high..didn' t break.. could this be the end of the rally? ozone2002      ( Date: 23-Mar-2015 10:09) Posted: Last:10.5     Vol:643k     +0.05 hitting 52 week high soon.. watch for it
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ozone2002 Supreme	27-Mar-2015 11:37        ozone2002 About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	Last:10.62     Vol:1014k     +0.02 t 10.65 ..the 52 wk high..didn' t break.. could this be the end of the rally? ozone2002      ( Date: 23-Mar-2015 10:09) Posted: Last:10.5     Vol:643k     +0.05 hitting 52 week high soon.. watch for it
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ozone2002 Supreme	26-Mar-2015 15:03        ozone2002 About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	Banking on synergies We ini� � ate coverage on Oversea-Chinese Banking Corp Ltd (&ldquo OCBC&rdquo ) with a BUY recommenda� � n and a fair value of S$11.63 based on our Dividend Discount Model (DDM) valua� � n. Expect poten� � l opera� � nal synergies and cross-selling opportuni� � s through the acquisi� � n of OCBC Wing Hang (OCBC WH) to improve OCBC&rsquo s bo� � m line. Cross-selling opportuni� � s. The acquisi� � on of Wing Hang Bank has provided OCBC with the avenue to cross-sell OCBC&rsquo s products to customers of OCBC WH. We expect to see an increase in contribu� � on from OCBC WH&rsquo s wealth management segment as the bank builds up its selling capabili� � es in wealth products. Strengthening presence in Greater China. The acquisi� � on of OCBC WH also provided OCBC with a greater presence in the Pearl River Delta region in China, where OCBC did not have a strong presence. With access to more foreign currencies funding through OCBC WH, we expect OCBC to strengthen its cross-border trade financing capabili� � es for clients in the Greater China region. Stable asset quality. Asset quality is expected to be stable amid tougher credit environment in 2015. No major issues noted for overall loan bank, even for loans in the oil and commodi� � es sector. NPL ra� � o also hit a record low of 0.6%. Management to con� � nue remain cau� � ous on commodi� � es sector, given the overcapacity in steel and shipping industries. We expect a pickup in credit costs in the coming years on the back of higher interest rates . Greater China strategy in mo� � on. Based on our target price of S$11.63 and a 2015F dividend yield of approximately 3.5%, the poten� � al upside amounts to 16.9%. We like OCBC on the poten� � al synergies and cross-selling opportuni� � es that the bank can create through OCBC WH. OCBC may also surprise with higher income contribu� � on from OCB WH on the back of closer collabora� � on with the main OCBC group and higher cross-border transac� � ons volume. Yuxuan HE [email protected] +65 6236 2389 Buy Price as of 17 Mar 2015 10.26 12M target price (S$) 11.63 Previous target price (S$) - Ups ide (%) 13.4 Trading data Ma rket Ca p (S$m) 40,865.5 IAsvseu Deadi Slyh aTrraeds e(md ) 3,983.0 (3-Month) Vol / Va l 4.4m / $46.1m 52 week lo / hi $8.94 / $10.65 Free Float 81.3% Major Shareholders Sela t Pte Ltd 10.7% Aberdeen 6.5% Singa pore Investments 3.2% 8.00 9.00 10.00 11.00 12.00 2,900 3,100 3,300 3,500 3,700 Jan-13 Apr-13 Jul-13 Oct-13 Jan-14 Apr-14 Jul-14 Oct-14 Jan-15 Source: Bloomberg 12-Mth OCBC SP (Blue) vs. FSSTI Financials YE Dec (S$ m) 2013 2014 2015F 2016F 2017F Net Interest Income 3,883 4,736 5,288 5,873 6,551 Non-Interest Income 2,739 3,604 3,638 3,865 4,130 Operating Profit 3,838 4,691 5,204 5,677 6,206 Net Profit 2,679 3,362 3,695 3,998 4,336 EPS (S$) 0.78 0.92 0.93 1.00 1.08 EPS growth (%) (1.4) 17.9 0.8 8.0 8.3 ROE (%) 11.7 12.8 12.2 12.3 12.4 P/E (x) 13.2 11.2 11.1 10.3 9.5 BVPS (S$) 6.9 7.5 8.0 8.5 9.2 P/B (x) 1.5 1.4 1.3 1.2 1.1 DPS (S$) 0.34 0.36 0.36 0.38 0.38 Dividend Yield (%) 3.3 3.5 3.5 3.7 3.8 So urce: Company Data, KGI Fraser
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ozone2002 Supreme	26-Mar-2015 12:07        ozone2002 About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	Last:10.59     Vol:1074k     +0.02 hit 10.6 hitting 52 wk high of 10.65 soon..
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NewbeeHuat Member	25-Mar-2015 13:14        NewbeeHuat About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi Ozone....thks..... ozone2002      ( Date: 25-Mar-2015 12:59) Posted: Last:10.52     Vol:867k     -0.02 price tends to move higher when the 52 week high is broken.. gd luck dyodd
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ozone2002 Supreme	25-Mar-2015 12:59        ozone2002 About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	Last:10.52     Vol:867k     -0.02 price tends to move higher when the 52 week high is broken.. gd luck dyodd
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NewbeeHuat Member	23-Mar-2015 11:07        NewbeeHuat About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi...may i know was it going higher or wat? What does hitting 52 weeks high apply? ozone2002      ( Date: 23-Mar-2015 10:09) Posted: Last:10.5     Vol:643k     +0.05 hitting 52 week high soon.. watch for it
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ozone2002 Supreme	23-Mar-2015 10:09        ozone2002 About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	Last:10.5     Vol:643k     +0.05 hitting 52 week high soon.. watch for it
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Qanghoo Supreme	26-Feb-2015 19:58        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, confirmed 30 Apr 2015.  My apologies clicked on the wrong announcement this morning. vicloo      ( Date: 26-Feb-2015 19:36) Posted: Confirm 30th April
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vicloo Supreme	26-Feb-2015 19:36        vicloo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Confirm 30th April
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vicloo Supreme	26-Feb-2015 19:35        vicloo About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content& B=AnnouncementLast3Months& F=I918O9MJZRDXWWFS& H=bed27f75aa920a8388f5c7a09a136b4b9323d4adc7bedc460378094cb240b0fc#.VO8EhicayK0 vicloo      ( Date: 26-Feb-2015 19:21) Posted: http://sgxdata.pebbleslab.com/index.asp?m=2& NC=O39 Qanghoo      ( Date: 26-Feb-2015 09:26) Posted: According to the coy' s posting on the SGX website, ex-date is 2 Mar 15.  So, last day of CD is tmr.
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vicloo Supreme	26-Feb-2015 19:21        vicloo About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://sgxdata.pebbleslab.com/index.asp?m=2& NC=O39 Qanghoo      ( Date: 26-Feb-2015 09:26) Posted: According to the coy' s posting on the SGX website, ex-date is 2 Mar 15.  So, last day of CD is tmr. vivivava      ( Date: 26-Feb-2015 09:17) Posted: sometime in april
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Qanghoo Supreme	26-Feb-2015 09:26        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	According to the coy' s posting on the SGX website, ex-date is 2 Mar 15.  So, last day of CD is tmr. vivivava      ( Date: 26-Feb-2015 09:17) Posted: sometime in april gerllai      ( Date: 25-Feb-2015 23:21) Posted: Isn' t ex div on 27 feb?
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vivivava Veteran	26-Feb-2015 09:17        vivivava About Contact  Quote this Post!
x 0   x 0  Alert Admin	sometime in april gerllai      ( Date: 25-Feb-2015 23:21) Posted: Isn' t ex div on 27 feb?
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huatster Senior	26-Feb-2015 08:14        huatster About Contact  Quote this Post!
x 0   x 0  Alert Admin	AsiaOne   Feb 25, 2015 SINGAPORE - OCBC, DBS and UOB had a combined 17.9 per cent increase in net profit last year reported SNL Financial. The combined net profit attributable to the banks' parent companies rose to $11.14 billion in 2014 from $9.45 billion in 2013. Among the three banks, OCBC recorded the highest growth with a 38.8 per cent spike in net profit. Excluding the one-time gain of $391 million related to the group' s increased ownership in Bank of Ningbo, OCBC' s core net profit after tax grew 25 per cent year over year.
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gerllai Member	25-Feb-2015 23:21        gerllai About Contact  Quote this Post!
x 0   x 0  Alert Admin	Isn' t ex div on 27 feb?
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MtFaber Senior	25-Feb-2015 23:06        MtFaber About Contact  Quote this Post! Style: Technical   Mood:
x 0   x 0  Alert Admin	As long as you hold the shares till the last day of cum dividend, you are entitled to the dividend. If you choose to have shares instead of money, you have to submit  a application  form for script dividend  before the dead line. You have to find out at what price and the number of  shares is given to you  instead of  you taking the $180 dividend for 1000 shares.  sglang888      ( Date: 25-Feb-2015 12:06) Posted: Hi, May I know if I buy the shares now, am I eligible for the scrip dividend?
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vicloo Supreme	25-Feb-2015 19:15        vicloo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Of course it is cum div now... U need hold till ex div to get div... I think is mid april sglang888      ( Date: 25-Feb-2015 12:06) Posted: Hi, May I know if I buy the shares now, am I eligible for the scrip dividend?
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sglang888 Member	25-Feb-2015 12:06        sglang888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi, May I know if I buy the shares now, am I eligible for the scrip dividend?
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surefire Member	08-Jan-2015 16:31        surefire About Contact  Quote this Post!
x 0   x 0  Alert Admin	Its not only ocbc! grandjedi      ( Date: 08-Jan-2015 15:22) Posted: Hi, Anyone know any reason any reason why OCBC is moving up so much today?
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