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1521-1540 of 2114
To the MOON :)
FATABA ( Date: 30-Mar-2021 10:47) Posted:
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Wow DBS and UOB as expected tested 29 and 26
Dbs is staying above now ( xd 7th april ) as expected OCBC is slower ( but this could be the dark horse coming toward end 2021)
Powering STI toward 3200 .......
Super happy investing.
Dyodd
Dbs is staying above now ( xd 7th april ) as expected OCBC is slower ( but this could be the dark horse coming toward end 2021)
Powering STI toward 3200 .......
Super happy investing.
Dyodd
The race is getting closer to their round number
UOB 25.92 .....8c to 26
OCBC 11.84 .,,,,16c more to magic 12
DBS is 28.78 ,,,when,can it hit 29 > days to XD 7th April
I think UOB will be the first to hit my target this week . DBS next
Dyodd
UOB 25.92 .....8c to 26
OCBC 11.84 .,,,,16c more to magic 12
DBS is 28.78 ,,,when,can it hit 29 > days to XD 7th April
I think UOB will be the first to hit my target this week . DBS next
Dyodd
MAS has been behind the curve - well overdue to lift the dividend cap.
FATABA ( Date: 26-Mar-2021 10:51) Posted:
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FATABA ( Date: 28-Mar-2021 16:39) Posted:
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Next week will be interesting ...w Dow n S& P at record....will our bank push STI to 3200 ??
DBS might be first one to hit the $29 again as its XD is coming 7th April.
Let see who will hit this round figure next week ....Dbs 29, UOB 26 or OCBC 12.
Oh what if all 3 crosses these round figure ?
HUAT HUAT HUAT
dyodd
DBS might be first one to hit the $29 again as its XD is coming 7th April.
Let see who will hit this round figure next week ....Dbs 29, UOB 26 or OCBC 12.
Oh what if all 3 crosses these round figure ?
HUAT HUAT HUAT
dyodd
FATABA ( Date: 25-Mar-2021 16:16) Posted:
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all 3 banks are racing towards 29 ....28 and 12 who will cross and stay above first ??
May not be this week ....can it be next wk or April their dividend XD date coming up
Dyodd
May not be this week ....can it be next wk or April their dividend XD date coming up
Dyodd
Next mth end DBS will be providing Q1 result guildance .....MORE SO EVERYONE WILL BE LOOKING at the dividend ???
Hope MAS remove the 60% cap totally .
THen another big push for our banks .....
Dyodd
Hope MAS remove the 60% cap totally .
THen another big push for our banks .....
Dyodd
UOB was about to hit 26 ....at 25.98 then shortist start to attack and press it down ...haha
W DBS n OCBC up today ......wonder how long can these shortist hold
Dyodd
W DBS n OCBC up today ......wonder how long can these shortist hold
Dyodd
Mine is 1 UOB, 2 DBS and 3 OCBC
CheeryVGoh ( Date: 25-Mar-2021 15:58) Posted:
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I think in the following order :
1st UOB
2nd OCBC
3rd DBS
1st UOB
2nd OCBC
3rd DBS
FATABA ( Date: 25-Mar-2021 13:33) Posted:
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LOL look like the 3 banks are aiming at 29 , 26 and 12 shit need 2 more for TOTO
WOnder who will hit first ?
WOnder who will hit first ?
FATABA ( Date: 25-Mar-2021 10:02) Posted:
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3 banks are recharged today .....esp UOB ....when will it RETEST $26 ? soon? XD 6th May 39c DIVIDEND haha
Dyodd
Dyodd
HK and Japan down 400+ points .....Spore STI is well support FLAT .
Our banks are holding well .
Dyodd
Our banks are holding well .
Dyodd
Short... to enjoy and huat...
huat ah!
FATABA ( Date: 19-Mar-2021 10:42) Posted:
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UOB Kay Hian remains ' overweight' on Singapore banking sector on higher bond yields
Atiqah Mokhtar Published on Thu, Mar 18, 2021 / 4:41 PM GMT+8 / Updated 54 minutes ago
UOB Kay Hian Research has maintained its &lsquo overweight&rsquo rating for the Singapore banking sector on the back of higher bond yields, economic recovery following the Covid-19 vaccine rollout, moderation in credit costs, and better dividends.
UOB Kay Hian analyst Jonathan Koh notes that Singapore government bond yields have surged in tandem with US bond yields, with the yield for 10-year Singapore government bonds up by 71 basis points year-to-date to 1.55%.
Koh expects yields to remain firm as the US anticipates rapid economic recovery driven by optimism over Covid-19 vaccinations and stimulus spending, including the US$1.9 trillion ($2.56 trillion) American Rescue Plan that was recently signed off. US GDP is projected to expand by 5.5% in 2021 and 3.8% in 2022, while the job market bounced back with 379,000 jobs created in February.
Singapore banks will benefit from the higher bond yield as they foreshadow higher future interest rates, and reduced competition from the bond markets as an alternative source of funding for corporate customers.
In addition, Singapore&rsquo s Covid-19 vaccination programmme, which is expected to complete by 3Q2021, will promote economic recovery that will benefit the banks as consumer behaviour and domestic consumption normalises.
Koh&rsquo s picks for the sector include DBS Bank (rated &lsquo buy&rsquo with a target price of $30.30) and Oversea-Chinese Banking Corporation (OCBC) (rated &lsquo buy&rsquo with a target price of $14.68). The recommendations are underpinned by the banks&rsquo strong common equity Tier 1 capital adequacy ratios which Koh says places them in a position to bring dividends per share (DPS) back to pre-pandemic levels.
&ldquo We envisage a two-step process in normalisation of dividend payout back to their pre-Covid-19 levels. We expect DBS to pay 30 cents per quarter in 2021 and 33 cents per quarter in 2022. We expect OCBC to pay 25 cents per half year in 2021 and 28 cents per half year in 2022,&rdquo he says.
Koh forecasts DBS and OCBC to provide dividend yields of 3.9% and 4.3% for 2021 and 4.7% and 4.8% for 2022 respectively.
Koh also anticipates a moderation in costs following the expiry of the loan moratorium. Both DBS and OCBC&rsquo s exposure to loans under moratorium have declined, with Koh expecting DBS&rsquo credit costs to drop from 80 basis points ($3 billion) in 2020 to 40 basis points ($1.6 billion), while OCBC&rsquo s credit costs are expected to drop 77 basis points ($2 billion) in 2020 to 33 basis points ($0.9 billion) in 2021.
As at 4.33pm, shares in DBS are 31 cents or 1.11% higher at $28.33, while shares in OCBC are 2 cents or 0.17% higher at $11.60.
Happy investing DYODD
UOB Kay Hian Research has maintained its &lsquo overweight&rsquo rating for the Singapore banking sector on the back of higher bond yields, economic recovery following the Covid-19 vaccine rollout, moderation in credit costs, and better dividends.
UOB Kay Hian analyst Jonathan Koh notes that Singapore government bond yields have surged in tandem with US bond yields, with the yield for 10-year Singapore government bonds up by 71 basis points year-to-date to 1.55%.
Koh expects yields to remain firm as the US anticipates rapid economic recovery driven by optimism over Covid-19 vaccinations and stimulus spending, including the US$1.9 trillion ($2.56 trillion) American Rescue Plan that was recently signed off. US GDP is projected to expand by 5.5% in 2021 and 3.8% in 2022, while the job market bounced back with 379,000 jobs created in February.
Singapore banks will benefit from the higher bond yield as they foreshadow higher future interest rates, and reduced competition from the bond markets as an alternative source of funding for corporate customers.
In addition, Singapore&rsquo s Covid-19 vaccination programmme, which is expected to complete by 3Q2021, will promote economic recovery that will benefit the banks as consumer behaviour and domestic consumption normalises.
Koh&rsquo s picks for the sector include DBS Bank (rated &lsquo buy&rsquo with a target price of $30.30) and Oversea-Chinese Banking Corporation (OCBC) (rated &lsquo buy&rsquo with a target price of $14.68). The recommendations are underpinned by the banks&rsquo strong common equity Tier 1 capital adequacy ratios which Koh says places them in a position to bring dividends per share (DPS) back to pre-pandemic levels.
&ldquo We envisage a two-step process in normalisation of dividend payout back to their pre-Covid-19 levels. We expect DBS to pay 30 cents per quarter in 2021 and 33 cents per quarter in 2022. We expect OCBC to pay 25 cents per half year in 2021 and 28 cents per half year in 2022,&rdquo he says.
Koh forecasts DBS and OCBC to provide dividend yields of 3.9% and 4.3% for 2021 and 4.7% and 4.8% for 2022 respectively.
Koh also anticipates a moderation in costs following the expiry of the loan moratorium. Both DBS and OCBC&rsquo s exposure to loans under moratorium have declined, with Koh expecting DBS&rsquo credit costs to drop from 80 basis points ($3 billion) in 2020 to 40 basis points ($1.6 billion), while OCBC&rsquo s credit costs are expected to drop 77 basis points ($2 billion) in 2020 to 33 basis points ($0.9 billion) in 2021.
As at 4.33pm, shares in DBS are 31 cents or 1.11% higher at $28.33, while shares in OCBC are 2 cents or 0.17% higher at $11.60.
Happy investing DYODD