Latest Forum Topics /
SingTel
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CWX Global - Boleh?
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GoldNugget
Elite |
07-Dec-2020:55
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shld be quite doable.  
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Sembawang_Joe
Member |
07-Dec-2020 14:47
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eyeing more than a 10cent growth in the weeks to come
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albertcumberdale
Member |
07-Dec-2020 14:45
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I mentioned no change as this news is expected. People seem to be taking profit from this overreaction.
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wehuattogether88
Supreme |
07-Dec-2020 14:43
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DYODD, Long if you can, no contra  | ||||
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ffff152100ffff
Master |
07-Dec-2020 14:42
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I listened to this too.
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Sembawang_Joe
Member |
07-Dec-2020 14:42
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my estimate today is up by 7 to 8 cent, if can close above 2.45, consider happy liao....
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GoldNugget
Elite |
07-Dec-2020 14:40
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3 not possible. 2.6 by end of this week. now is time to load
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Piston88
Supreme |
07-Dec-2020 14:37
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Some people said 3.00
This week
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ffff152100ffff
Master |
07-Dec-2020 14:35
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Aiya, miss the 2.60 lah, 2.59 also can lah..Don't know when can up again lah...
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Sembawang_Joe
Member |
07-Dec-2020 14:32
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2.60 like only lasted 1 min.... LOL... now is the real price.... 
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Potato
Master |
07-Dec-2020 14:26
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knn.... drop from 2.60 to 2.42...  | ||||
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albertcumberdale
Member |
07-Dec-2020 14:25
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There are actually a lot answers to your questions.
Eval criteria:
Value proposition of the applicant?s business model, incorporating the innovative use of technology to serve customer needs and reach under-served segments of the Singapore market that differentiates it from existing banks. MAS will also consider the ability of the applicant to implement the proposal.
Ability to manage a prudent and sustainable digital banking business, including the level of understanding of key risks in a banking business, and strength of its regulatory compliance and risk management plans. MAS will also consider the reputation, track record, financial strength and commitment of the applicant?s shareholders.
Growth prospects and other contributions to Singapore?s financial centre, such as the jobs it will be bringing to Singapore, its commitment to develop the skills of the local workforce, the capabilities (including technology) it will be locating in Singapore, the headquarter functions it will be anchoring here as well as its regional expansion plans.
There's no need for a business to currently be profitable for it to be considered financially strong. Both companies have strong regional strength and presence. Grab have mentioned that quite a few of their segments have been churning profits in various regions. Singtel also has a few profitable segments, but it's losers beginning to round the corner.
Also, the digital banks aim to serve underserved segments of consumers, and not compete with the banks.
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lynn89
Senior |
07-Dec-2020 14:21
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Digital bank do not need collateral, unlike full service bank.  | ||||
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wehuattogether88
Supreme |
07-Dec-2020 14:19
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Long la
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7ra11ver
Member |
07-Dec-2020 14:16
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seriously I don' t know how digital banks are evaluated. banks typically require strong capital to guarantee deposits or to provide loans. Singtel with current ratio and quick ratio less than 1 is already in debt. Grab have not publish any profit and likely to operate with Uber model relying on funding. probably another round of cash burning to buy out competitor goes. SG market already too small for 3 local banks their growth or profit will be the region but licensing etc is another capital outlay. hope not another wirecard in the making.   |
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Boatman
Master |
07-Dec-2020 14:09
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weak hand washing out.... then bb will push up the price for those FOMO ppl.... | ||||
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Skynet4321
Master |
07-Dec-2020 14:07
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Short la.
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wehuattogether88
Supreme |
07-Dec-2020 14:03
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STI turns green, Singtel might move back to the 2.50 range | ||||
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Piston88
Supreme |
07-Dec-2020 13:55
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Ants lose the ipo .... if cannot get this license lagi worst . Struggle before die
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GoldNugget
Elite |
07-Dec-2020 13:52
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No profit ANT won't come in already.
Whenever there is sweet, ant will be there.
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