Short to enjoy...
Short short short.. to enjoy...
OCBC and UOB still relatively strong in a correcting market after risng so much for the past weeks.   
Not surprise correction on its way up esp for those that rise a lot .....for past weeks   
DYODD 
" DBS above 27.75 .......Hmm
UOB 25.50 ( still 1.06X its book value ) 
OCBC 11.30  ( STILL 1.02X its book value ) " "
Not surprise correction on its way up esp for those that rise a lot .....for past weeks   
DYODD 
" DBS above 27.75 .......Hmm
UOB 25.50 ( still 1.06X its book value ) 
OCBC 11.30  ( STILL 1.02X its book value ) " "
FATABA ( Date: 04-Mar-2021 10:19) Posted:
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Short..... to enjoy...
21.40 est bk is what I used . but the Xtimes bk is a estimate only ...certainly many other factors play a part. 
Report of LV Bank turn profitable in 2 yrs is very positive knowing the vast market this can be .
Anyway ....it also depend on yr own timeline. 
Dyodd
Report of LV Bank turn profitable in 2 yrs is very positive knowing the vast market this can be .
Anyway ....it also depend on yr own timeline. 
Dyodd
Bongbong ( Date: 04-Mar-2021 14:33) Posted:
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DBS latest report mentioned net book value is 20.08.
but if u take equity/outstanding shares it' s about 21.2-21.4.
Am I missing something? which base will be a better measure of the PB ratio?
but if u take equity/outstanding shares it' s about 21.2-21.4.
Am I missing something? which base will be a better measure of the PB ratio?
FATABA ( Date: 04-Mar-2021 14:08) Posted:
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Short to go up? :)
Isolator ( Date: 04-Mar-2021 13:22) Posted:
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WOW DBS hit $28 .....1.3X its book value with news that India LV Bank will b profitable in 2 years. 
UOB is 2.50 at 425.50 ....when is this laggard going to catch up . 
OCBC 11.40 
Dyodd
UOB is 2.50 at 425.50 ....when is this laggard going to catch up . 
OCBC 11.40 
Dyodd
No fear.... short to enjoy...
Broker' s Calls
Recovery in sight for banks, upgraded to ' overweight' : RHB
Jovi Ho  Published on Wed, Mar 03, 2021 / 2:33 PM GMT+8 / Updated 14 hours ago
https://www.theedgesingapore.com/capital/brokers-calls/recovery-sight-banks-upgraded-overweight-rhb
Huat ah!
https://www.theedgesingapore.com/capital/brokers-calls/recovery-sight-banks-upgraded-overweight-rhb
Huat ah!
STI power past the 3000 level 
DBS above 27.75 .......Hmm
UOB 25.50 ( still 1.06X its book value ) 
OCBC 11.30  ( STILL 1.02X its book value ) 
Once dividend CAP is removed and the large provision return to profit end of the yr ....I see room for rise in them
DYODD
Happy investing. 
DBS above 27.75 .......Hmm
UOB 25.50 ( still 1.06X its book value ) 
OCBC 11.30  ( STILL 1.02X its book value ) 
Once dividend CAP is removed and the large provision return to profit end of the yr ....I see room for rise in them
DYODD
Happy investing. 
Goldfinger ( Date: 03-Mar-2021 15:39) Posted:
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yes, agree -- the Local Banks are powering the STI towards and beyond 3000 points, as the real economy shares begin to make their comeback.  There is still a long way to go to recover from their pre-COVID levels, unlike other Markets.
FATABA ( Date: 03-Mar-2021 14:49) Posted:
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Huat lah ....our 3 banks are powering STI to 3000 
2021 will most likely remove the dividend CAP . 
Dyodd
2021 will most likely remove the dividend CAP . 
Dyodd
Huat ah!
FATABA ( Date: 02-Mar-2021 12:46) Posted:
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