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UOB
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Christrade
Member |
29-Jul-2022 15:50
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Bought. Keep for long term. | ||||
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Fiat500
Veteran |
29-Jul-2022 14:52
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Good buying opportunity n with 60ct dividends coming up... | ||||
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limkt009
Master |
29-Jul-2022 14:42
Yells: "Watch your front, grab $$$$$$$$ at your own time" |
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Wow..today drops so much | ||||
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Adrianinsing
Elite |
29-Jul-2022 13:59
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You have it
Sell on news is the best policy Look at SIA - high was opening price
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FrancisLim
Elite |
29-Jul-2022 13:58
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Non Interest Income was down...A disappointment NII up by 14% compared to last quarter Specific provisions up - and will be up in subsequent quarters given the inflation/recession trends. DBS NII should perform better. Hopefully, its non-interest income too esp its trading income. Specific provisions would be up in line with deteriorating credit market. Yes, sell on news.. |
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Adrianinsing
Elite |
29-Jul-2022 13:56
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This is posted with good intentions
While many want to keep for dividends they can lose more on the share drop than on the dividend before they even get the dividend Caution is wise
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Ling9345
Master |
29-Jul-2022 13:56
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我 没 有 骂 粗 话 ， 那 里 粗 ， 白 痴 | ||||
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Adrianinsing
Elite |
29-Jul-2022 13:52
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避 免 粗 鲁
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Ling9345
Master |
29-Jul-2022 13:26
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马 后 炮 ， 早 知 你 已 经 是 马 云 了 ， 现 在 是 个 马 后 炮 | ||||
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Adrianinsing
Elite |
29-Jul-2022 13:17
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I did advise to sell 50% BEFORE results
The problem is many institutional Ang Moh want to sell all banks into the results They want cash to offset losses elsewhere China property issues is just an excuse I cause u haven?t noticed they are even selling SIA into strength Same will happen to OCBC and DBS on results announcement |
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Slowturtle
Senior |
29-Jul-2022 11:35
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Has to find out how much of such similar investments goes into China / HK? Will they (if any) suffers similar fate as Shimao? |
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Slowturtle
Senior |
29-Jul-2022 11:31
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The writings are already on the wall with cash-strapped Chinese developers. All desperate to raise cash with homeowners boycotting mortgage loans with banks due to uncompleted projects. Any investments in China' s property market, whether directly or indirectly, is highly likely to suffer negative consequences. The proeprty bubble that burst is too hugh to mend by anybody, including the country' s leadership. Unchecked leveraged and greedy developers. Whether the lawsuit will be successful is uncertain too, given different foreign jurisdiction. But even if successful, can the re-allocated assets be recovered is also uncertain. Maybe has to write-it off as doubtful/bad debts. |
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kandinsky
Master |
29-Jul-2022 10:56
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Selloff today based on old news? | ||||
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slingshotpro
Senior |
29-Jul-2022 10:52
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https://www.businesstimes.com.sg/real-estate/distressed-china-builder-shimao-sued-by-uob-over-loan-terms?amp
UOB alleged that Shimao and the group entities breached terms of certain loan and security agreements, by purportedly re-allocating loans and allotting shares between the entities without the Singapore bank's consent, according to a writ in the High Court of Hong Kong dated Jul 12 Dropping on an old news dated Jul 12
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kandinsky
Master |
29-Jul-2022 10:49
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Damn, drop $1 from open | ||||
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vinc3538
Member |
29-Jul-2022 10:49
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Singapore stock market is rather inefficient ...majority investors comprises of Singaporean...biz model focus on rewarding shareholder , less on R& D, major acquisitions,growth strategy...need to move out of Singapore market..there where the growth stories are..just my opinion....
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kandinsky
Master |
29-Jul-2022 10:47
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It was a bull trap this morning at open | ||||
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investshare
Supreme |
29-Jul-2022 10:32
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Will drop another 60c XD.
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jlong0005
Senior |
29-Jul-2022 10:26
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Ang moh houses shorting UOB like no tomorrow. | ||||
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Luckygal
Member |
29-Jul-2022 10:11
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Good set of results, but not good enough apprarently. And it' s pulling down the other bank stocks as well. | ||||
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