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if the market is up, the press would report tomorrow that ' Investors are full of confidence with the Singapore' s Govt budget, which is a shot in the arm' ....
tongphlp ( Date: 17-Feb-2021 16:33) Posted:
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Are you aware hot monies are flowing to Japan and HK?
It is simply because of liquidity.
It is simply because of liquidity.
Starship ( Date: 17-Feb-2021 12:25) Posted:
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Say much about the Budget :)
Investors r exiting SGX...
Investors r exiting SGX...
Starship ( Date: 17-Feb-2021 12:25) Posted:
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HSI up another 200 points, yet the Clown STI is RED .................. again !!!!!!!!! 
FATABA ( Date: 16-Feb-2021 15:41) Posted:
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STI UP UP going for the 2950 level ....with our banks leading
DBS ....26.a5
UOB 24.10 Result on the 25th
OCBC 10.65 Result on the 24th
Huat w their full year dividend announcement too
Dyodd
DBS ....26.a5
UOB 24.10 Result on the 25th
OCBC 10.65 Result on the 24th
Huat w their full year dividend announcement too
Dyodd
Starship ( Date: 15-Feb-2021 09:49) Posted:
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财 神 爷 coming to town TOMORROW 3PM on Channels 5, 8, U and channel News Asia !!!!!!
BUDGET 2021 !!!!!!!
BUDGET 2021 !!!!!!!
Singapore&rsquo s top banks will report fourth-quarter earnings this month. Here&rsquo s what to expect
MON, FEB 8 20218:32 PM EST
SINGAPORE &mdash Singapore&rsquo s three largest banks could receive a boost in profitability this year after a challenging 2020, as economic activities recover on the back of the city-state&rsquo s relative success in controlling the pandemic.
That brighter outlook has prompted some analysts to turn more optimistic on the Singapore banks ahead of the release of their financial report cards. The banks are expected to outline business prospects for this year along with their fourth-quarter earnings.
Singapore-listed banks are typically favored by investors for their steady dividends. But like many bank stocks around the world, they fell out of favor early last year as many countries went into lockdown to contain the spread of Covid-19.
&ldquo We moved from being very negative Singapore banks about same time last year and then shifting to a reasonably positive view,&rdquo Harsh Modi, JPMorgan&rsquo s co-head for financials research in Asia excluding Japan, told CNBC&rsquo s &ldquo Street Signs Asia&rdquo in late-January.
Modi explained that the banks&rsquo asset quality &mdash which refers to risks associated with repayments of loans &mdash has held up &ldquo much better&rdquo than expected.
That&rsquo s in part due to an uptick in economic activity in Singapore, where &ldquo everybody&rsquo s up and about,&rdquo he added.
The Southeast Asian economy is expected to grow between 4% and 6% this year as the number of daily Covid infections have slowed down.
Here&rsquo s what analysts are expecting from the banks&rsquo fourth-quarter report card, according to estimates compiled by Refinitiv:
BANKS NET INCOME LOAN-LOSS PROVISIONS EARNINGS PER SHARE
DBS SGD 1.0 billion (-32.4% YOY) SGD 587.33 million SGD 0.410
OCBC SGD 941.86 million (-24.2% YOY) SGD 310.33 million SGD 0.204
UOB SGD 708.68 million (-29.6% YOY) SGD 484 million SGD 0.375
Potential easing of dividend cap
Profitability of the three Singapore banks appear set to improve this year, analysts said.
Better growth prospects and continued stimulus support in Singapore and other regional economies would support demand for loans, said Thilan Wickramasinghe, an analyst from brokerage Maybank Kim Eng.
&ldquo We believe the upside risks are significantly higher as we progress through 2021,&rdquo he wrote in a late-January report. The brokerage upgraded DBS and OCBC from &ldquo sell&rdquo to &ldquo buy,&rdquo and UOB from &ldquo sell&rdquo to &ldquo hold.&rdquo
Wickramasinghe said the country&rsquo s financial regulator could start easing restrictions on dividends this year.
https://www.cnbc.com/2021/02/09/singapore-banks-q4-earnings-what-to-expect-from-dbs-ocbc-uob.html
MON, FEB 8 20218:32 PM EST
SINGAPORE &mdash Singapore&rsquo s three largest banks could receive a boost in profitability this year after a challenging 2020, as economic activities recover on the back of the city-state&rsquo s relative success in controlling the pandemic.
That brighter outlook has prompted some analysts to turn more optimistic on the Singapore banks ahead of the release of their financial report cards. The banks are expected to outline business prospects for this year along with their fourth-quarter earnings.
Singapore-listed banks are typically favored by investors for their steady dividends. But like many bank stocks around the world, they fell out of favor early last year as many countries went into lockdown to contain the spread of Covid-19.
&ldquo We moved from being very negative Singapore banks about same time last year and then shifting to a reasonably positive view,&rdquo Harsh Modi, JPMorgan&rsquo s co-head for financials research in Asia excluding Japan, told CNBC&rsquo s &ldquo Street Signs Asia&rdquo in late-January.
Modi explained that the banks&rsquo asset quality &mdash which refers to risks associated with repayments of loans &mdash has held up &ldquo much better&rdquo than expected.
That&rsquo s in part due to an uptick in economic activity in Singapore, where &ldquo everybody&rsquo s up and about,&rdquo he added.
The Southeast Asian economy is expected to grow between 4% and 6% this year as the number of daily Covid infections have slowed down.
Here&rsquo s what analysts are expecting from the banks&rsquo fourth-quarter report card, according to estimates compiled by Refinitiv:
BANKS NET INCOME LOAN-LOSS PROVISIONS EARNINGS PER SHARE
DBS SGD 1.0 billion (-32.4% YOY) SGD 587.33 million SGD 0.410
OCBC SGD 941.86 million (-24.2% YOY) SGD 310.33 million SGD 0.204
UOB SGD 708.68 million (-29.6% YOY) SGD 484 million SGD 0.375
Potential easing of dividend cap
Profitability of the three Singapore banks appear set to improve this year, analysts said.
Better growth prospects and continued stimulus support in Singapore and other regional economies would support demand for loans, said Thilan Wickramasinghe, an analyst from brokerage Maybank Kim Eng.
&ldquo We believe the upside risks are significantly higher as we progress through 2021,&rdquo he wrote in a late-January report. The brokerage upgraded DBS and OCBC from &ldquo sell&rdquo to &ldquo buy,&rdquo and UOB from &ldquo sell&rdquo to &ldquo hold.&rdquo
Wickramasinghe said the country&rsquo s financial regulator could start easing restrictions on dividends this year.
https://www.cnbc.com/2021/02/09/singapore-banks-q4-earnings-what-to-expect-from-dbs-ocbc-uob.html
