Others
3 BIG Spore banks ....:))
Post Reply
1381-1400 of 2114
Good point 😊 👍
Goldfinger ( Date: 06-Aug-2021 21:03) Posted:
Yah - Banks will be a prime beneficiary as better business and economic growth means the risk of defaults falls and people all have more money to spend and buy properties, cars, take loans etc etc.
Silo1234 ( Date: 06-Aug-2021 20:55) Posted:
| --- Post Removed by User --- |
|
|
|
Yah - Banks will be a prime beneficiary as better business and economic growth means the risk of defaults falls and people all have more money to spend and buy properties, cars, take loans etc etc.
Silo1234 ( Date: 06-Aug-2021 20:55) Posted:
| --- Post Removed by User --- |
|
I see.
Don' t mind OCBC scrip option as they always give discount.
FATABA ( Date: 06-Aug-2021 16:05) Posted:
I think its cash dividend only ....same as in all 3 banks as there is NO NEED for script dividend to preserve cash any further
CheeryVGoh ( Date: 06-Aug-2021 12:39) Posted:
| Will OCBC be having option of scrip dividend this round? |
|
|
|
I think its cash dividend only ....same as in all 3 banks as there is NO NEED for script dividend to preserve cash any further
CheeryVGoh ( Date: 06-Aug-2021 12:39) Posted:
| Will OCBC be having option of scrip dividend this round? |
|
Will OCBC be having option of scrip dividend this round?
I didnot recall reading it ....I assume also aro 50% .
anyone ?
Goldfinger ( Date: 06-Aug-2021 10:32) Posted:
Sorry, did they share the dividend payout ratio for DBS??
FATABA ( Date: 05-Aug-2021 08:23) Posted:
FIRST-HALF NET PROFIT UP 54% TO RECORD SGD 3.71 BILLION, RETURN ON EQUITY AT 14.0% * * *
Second-quarter net profit up 37% to SGD 1.70 billion as strong business momentum and resilient asset quality sustained SINGAPORE, 5 August 2021 &ndash DBS Group achieved record first-half 2021 net profit of SGD 3.71 billion, 54% higher than a year ago. Return on equity rose from 9.5% a year ago to 14.0%. Business momentum accelerated in the first six months of the year with loans rising 6% and deposits 3% while fee income and Treasury Markets income set new records. Asset quality was resilient. New NPA formation and specific allowances fell to pre-pandemic levels and general allowances were written back.
Wow all 3 banks result are out ......good recovery .....w DBS doing the best in term of ROE 14% .
Also in term of dividend all 3 banks have return to their 2019 payout rate .
Happy happy investing. |
|
|
|
Sorry, did they share the dividend payout ratio for DBS??
FATABA ( Date: 05-Aug-2021 08:23) Posted:
FIRST-HALF NET PROFIT UP 54% TO RECORD SGD 3.71 BILLION, RETURN ON EQUITY AT 14.0% * * *
Second-quarter net profit up 37% to SGD 1.70 billion as strong business momentum and resilient asset quality sustained SINGAPORE, 5 August 2021 &ndash DBS Group achieved record first-half 2021 net profit of SGD 3.71 billion, 54% higher than a year ago. Return on equity rose from 9.5% a year ago to 14.0%. Business momentum accelerated in the first six months of the year with loans rising 6% and deposits 3% while fee income and Treasury Markets income set new records. Asset quality was resilient. New NPA formation and specific allowances fell to pre-pandemic levels and general allowances were written back.
Wow all 3 banks result are out ......good recovery .....w DBS doing the best in term of ROE 14% .
Also in term of dividend all 3 banks have return to their 2019 payout rate .
Happy happy investing. |
|
I view there are some plans behind OCBC coming up .....w NEW (N china experience) CEO....there might be some takeover where cash are needed
There may get the VISA ? part ( whatever which DBS also bid) ......I think the focus on greatern CHINA bay area is super strong for OCBC
Bank of CHINA /GE already benefited well .
Also any time OCBC can move payout from 42% to 50% like UOB .....time will tell
Dyodd
Goldfinger ( Date: 06-Aug-2021 10:20) Posted:
| OCBC getting punished for stingy dividend compared to DBS and UOB. Best that they learn a good lesson from this. |
|
OCBC getting punished for stingy dividend compared to DBS and UOB. Best that they learn a good lesson from this.
Look like UOB is aiming towards 27 before XD ...:)
DBS is definately testing 31 and OCBC is a little lag before first 12.50 test ....
Looking at current dividend payout I am expecting a FULL year yield as follow :_
DBS .33x4 $1.32 a year ...base on 30.80 price yield is 4.28%
UOB is 60x2 $1.20 ( note there could be a special bonus like last yr but assume no ) At 26.60 yield 4.5% ( BEST and not forgetting a higher pay out full yr ...65 ? )
OCBC 25x2 $.50 ( I am expecting a higher on full yr 28/30c) ..base on 12.40 yield is 4% ( dividend payout ratio is lowest at 42% ...hehe)
Honestly looking at the price to book value ....UOB n OCBC still have room to go .Trading just aro 1.1X book
DYODD
happy investing.
FIRST-HALF NET PROFIT UP 54% TO RECORD SGD 3.71 BILLION, RETURN ON EQUITY AT 14.0% * * *
Second-quarter net profit up 37% to SGD 1.70 billion as strong business momentum and resilient asset quality sustained SINGAPORE, 5 August 2021 &ndash DBS Group achieved record first-half 2021 net profit of SGD 3.71 billion, 54% higher than a year ago. Return on equity rose from 9.5% a year ago to 14.0%. Business momentum accelerated in the first six months of the year with loans rising 6% and deposits 3% while fee income and Treasury Markets income set new records. Asset quality was resilient. New NPA formation and specific allowances fell to pre-pandemic levels and general allowances were written back.
Wow all 3 banks result are out ......good recovery .....w DBS doing the best in term of ROE 14% .
Also in term of dividend all 3 banks have return to their 2019 payout rate .
Happy happy investing.
UOB 1H21 net profit jumped 29% to S$2.0 billion
Strong customer franchise with healthy contributions across core businesses
&bull Income up 5% to S$4.9 billion &bull Fee income rose 28% to S$1.2 billion &bull Loans grew 6% to S$299 billion &bull Net interest margin steady at 1.56% &bull Portfolio remains resilient and well-secured &bull Total credit costs eased to 24 basis points &bull Return on equity at 10.1%
OCBC .......1H21 net profit up 86% to S$2.66b ROE higher at 10.8%
❑ Resilient Group performance as economic outlook improved ➢ Net profit for banking franchise up 81% to S$2.10b ➢ GEH&rsquo s net profit contribution more than doubled to S$565m strong TWNS and NBEV growth ➢ Record wealth management income ➢ Private banking AUM rose to US$125b ❑ NIM stabilised for the past three quarters from balance sheet optimisation ❑ Non-interest income growth broad-based ❑ CIR lower at 41.7% from positive operating jaws ❑ Allowances substantially lower ❑ Customer loans grew 3% YoY and CASA deposits rose 13% ❑ NPL ratio stable at 1.5% ❑ CET1 ratio higher at 16.1% ❑ Interim dividend raised to 25 cen
Really on the strong path of recovery .....$13 TP will be coming DYODD
Happy investing.
No lah - Dbs 30cents I already very happy to the moon haha. But OCBC was really good results wise.
FATABA ( Date: 04-Aug-2021 07:43) Posted:
HUAT HUAT HUAT
UOB 60c
OCBC 25c
DBS ( most likely 36c per qtr tmr )
UOB n OCBC giving a good set of result considering the pandemic situation
Happy investing.
FATABA ( Date: 29-Jul-2021 09:47) Posted:
Hmm....DBS I am not sure it will hit 36 as its book is only $21.42
UOB n OCBC is very likely .
Dividend could be
DBS 36c per qtr
UOB 55 half yeearly
OCBC 50/55c half yearly
Dyodd
happy investing |
|
|
|
HUAT HUAT HUAT
UOB 60c
OCBC 25c
DBS ( most likely 36c per qtr tmr )
UOB n OCBC giving a good set of result considering the pandemic situation
Happy investing.
FATABA ( Date: 29-Jul-2021 09:47) Posted:
Hmm....DBS I am not sure it will hit 36 as its book is only $21.42
UOB n OCBC is very likely .
Dividend could be
DBS 36c per qtr
UOB 55 half yeearly
OCBC 50/55c half yearly
Dyodd
happy investing.
acetron ( Date: 29-Jul-2021 08:50) Posted:
with the removal of div cap, and base on a 4% yield, the target prices should be :
DBS : $36
UOB : $27.4
OCBC : $14
Enjoy the ride these 2 weeks
|
|
|
|
Slight drop end of day was institutional end of the month book squaring
( booking profits to look good 😊 ) same sellers will buy when August starts
Hold the banks for the results
OCBC and UOB out Wednesday morning next week
DBS out Thursday morning next week
Singapore bank lending logs fastest growth since 2018 up 1.5% in June: MAS data
FRI, JUL 30, 2021 - 10:56 AM
BANK lending in Singapore grew 1.5 per cent in June, lifted mainly by stronger demand for business loans, data from the Monetary Authority of Singapore showed on Friday.
Loans through the domestic banking unit - which captures lending in all currencies but reflects mainly Singapore-dollar lending - were up for the eighth consecutive month to S$703.92 billion in June.
The month-on-month loan growth of 1.5 per cent in June was the fastest since March 2018.
In particular, loans to financial institutions were up 3.6 per cent to S$103.51 billion, while loans to general commerce rose 5.4 per cent to S$72.60 billion in June.
Year on year, total business loans were up 2.6 per cent, marking the first time in positive growth territory since July 2020.
Consumer loans extended its growth streak in June, up 0.7 per cent month on month to S$267.17 billion, and up 5 per cent year on year.
Housing loans, which make up three-quarters of consumer lending, inched up 0.6 per cent to S$206.29 billion in June.
Year on year, total bank lending in June increased by 3.5 per cent, faster than the 1.2 per cent rise in May.
Business loans grew at a faster pace in June, up 1.9 per cent to S$436.76 billion in June compared to the 0.2 per cent increase seen in May.
This came even as loans to the single largest business segment - building and construction - slipped 0.7 per cent to S$151.33 billion.
https://www.businesstimes.com.sg/banking-finance/singapore-bank-lending-logs-fastest-growth-since-2018-up-15-in-june-mas-data
Wow ....all climbing up .
Nexxt week result wed OCBC n UOB .....DBS the next day Thur.
Will they see $27 , $13 and $31??
Dyodd
Hmm....DBS I am not sure it will hit 36 as its book is only $21.42
UOB n OCBC is very likely .
Dividend could be
DBS 36c per qtr
UOB 55 half yeearly
OCBC 50/55c half yearly
Dyodd
happy investing.
acetron ( Date: 29-Jul-2021 08:50) Posted:
with the removal of div cap, and base on a 4% yield, the target prices should be :
DBS : $36
UOB : $27.4
OCBC : $14
Enjoy the ride these 2 weeks
|
|
