Others   

3 BIG Spore banks ....:))

Short.... to enjoy...

 

 

Short to enjoy...

 

Good news....SG banks are certainly on its way back to recovery .....looking forward to Q1 result and possibe HIGHER dividend from DBS>  
Dyodd
Singapore&rsquo s bank lending  rose for the third straight month in January on higher loans to businesses, data from the Monetary Authority of Singapore (MAS) showed on Monday. Loans through the domestic banking unit - which captures lending in all currencies, but reflects mainly Singapore-dollar lending - climbed 0.7 per cent to S$683.59 billion in January, compared with S$678.72 billion in December. Business loans grew 0.9 per cent month on month to S$422.73 billion in January. Loans to the single-largest business lending segment - building and construction - inched up 0.3 per cent to S$150.40 billion to reverse a 0.6 per cent contraction in December. Consumer loans were also up 0.5 per cent to S$260.87 billion in January on the back of a steady increase in housing loans, which rose 0.4 per cent to S$202.14 billion month on month.

 

 

 

DBS cross 27 , UOB over 25 and OCBC safely above the $11 
There are many positive factors for Singapore Banks
1. Return of dividend adjustment by mid year ( dbs cld be first Q) as our banks are  only paying at aro 50% payout ratio. 
2. Large provision done and over with in 2020 .....this amount are more that ONE full qtr profit in some cases. 
3. Vaccine roll out and moving back to normacy slowly 
4. Global wealth managment and equity trading are booming .....adding to the bank profits. ( interest rate from stable to rising slowly ) 
DYODD
Very happy investing. 

Starship      ( Date: 01-Mar-2021 10:51) Posted:

 

Later when slaughter don?t cry... short to enjoy...

 

 

Better run.... short to enjoy...

 

FATABA      ( Date: 01-Mar-2021 09:57) Posted: ALL 3 banks are powering STI towards 3000 magic number.  Today Phillip has UPGRADED OCBC to BUY from neutral .....TP of $13.65  I would not be surprise OCBC will have more upgrade as they are strongly position in Souther CHINA.  ( great potential from wealth mgt and insurance from these souther CHINA population ) Dyodd/ vested Happy investing.

 

 

ALL 3 banks are powering STI towards 3000 magic number. 

Today Phillip has UPGRADED OCBC to BUY from neutral .....TP of $13.65 
I would not be surprise OCBC will have more upgrade as they are strongly position in Souther CHINA. 
( great potential from wealth mgt and insurance from these souther CHINA population )

Dyodd/ vested
Happy investing. 

 

Crash harder only.... slaughter with more blood... short to enjoy..

 

UOB is narrowing the gap .....w DBS .....crossed 25 this morning. Go go

Starship      ( Date: 01-Mar-2021 09:29) Posted:

 

 

 

More blood coming.... short to enjoy...

 

 

More blood pools.... short short short to enjoy...