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UOB
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UOB
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spore1
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22-Jan-2016 09:22
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Uob rebound. Up 53 cents
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Qanghoo
Supreme |
21-Jan-2016 23:15
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Super old botak.  The only one standing today. |
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spore1
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21-Jan-2016 23:04
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UOB is being driven into oversold territory. Is time for a technical rebound . http://sporeshare.blog   spot.sg/2016/01/banks-uobdbs-ocbc.html |
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spore1
Supreme |
12-Jan-2016 23:10
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UOB touched $18.04 today with super high vol. This is rather bearish. It may cont to head lower. http://sporeshare.blog   spot.sg/2016/01/banks-uobdbs-ocbc.html |
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sgng123
Supreme |
11-Jan-2016 21:57
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Don bother bottom fish, every rebound is short cover then follow by more selling trend of market it shorting sesson |
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Qanghoo
Supreme |
11-Jan-2016 21:48
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When PRC mkts take an extended break for CNY, it' d give STI some brekthing space.  Then they' d pump up the bks to raise STI, even if only to create the meat for it to collapse back after PRC mkts reopen later.  Then, perhaps, just perhaps, we might see sub 17.  But I doubt it' d be much lower than that. 
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spore1
Supreme |
11-Jan-2016 21:33
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Is still above $18.21. Next will b $18.00.
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Qanghoo
Supreme |
11-Jan-2016 21:26
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Can' t recall, brother.  N also don' t recall OCBC' s px.  But I seem to remember DBS was < 7.00.    Right now, UOB is still around 18.00, coming down from around 23-24.  I doubt very much it' d drop another 10.  If it does, STI maybe < 2k which to me shdn' t happen also cos I, for one, am not seeing any real major crisis as of now.  Yes, oil may be abt 30USD.  But it was 10 after the 1990 Gulg War (of course adjusted for inflation, 10 USD then shd be > 30 USD now).  Right now US GDP seems doing fine.  China is still growing, even if growth is slowing.  But I believe the govt in the PRC wld succeed in arresting the slowdown in growth over the next one-two yrs.  Europe is seeing tepid growth, but again they had done well to ride the PIGS crises over the last three yrs.  So, situation is not same as 2008, n may not be as bad as what people are playing it up to be (see also BT  article  below).  But if people continue playing the fear theme n continue strangling the global equity mkts then  maybe there' s  a chance that  such continuing action itself cld eventually bring abt another global financial crisis. 
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ecekca
Elite |
11-Jan-2016 20:15
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what the low of UOB during 2008 crisis?
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Qanghoo
Supreme |
11-Jan-2016 14:40
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Thx, brother.  Botak is my friend.  UOB is my bk. 
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sriramanv
Master |
11-Jan-2016 14:34
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:-) just joking..UOB is better positioned than other 2 ...max max 15...
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Qanghoo
Supreme |
11-Jan-2016 14:30
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Really hah?
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sriramanv
Master |
11-Jan-2016 14:24
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What next?   next will be towards $8.21.
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investshare
Supreme |
11-Jan-2016 14:09
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Now already below $18.21, what's next?
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Qanghoo
Supreme |
10-Jan-2016 16:32
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Actually 20c is nothing for a stock of such a high px.  Just like Rowsley dropping from 18.4 to 18.2c (2 bids) which is hardly noticed.  So, I always feel the way the sti is computed is actually  misleading, may misrepresent underlying mkt movement n is often exploited to rig the index in instil fear or excitement among small fries. 
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spore1
Supreme |
10-Jan-2016 14:23
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Uob may likely to head lower towards $18.21. http://sporeshare.blog   spot.sg/2016/01/banks-uobdbs-ocbc.html |
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Qanghoo
Supreme |
07-Jan-2016 14:16
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Botak not going bankrupt? 
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sriramanv
Master |
07-Jan-2016 14:07
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may be its a boring stock...not much action and more defensive one.. |
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investshare
Supreme |
07-Jan-2016 14:06
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no one talk about UOB? why ppl talk more on DBS and OCBC?? |
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Qanghoo
Supreme |
02-Jan-2016 22:13
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Yes, HP, UOL, UIC-SLand all controlled by him.  Anything else?    For UOB, the inorganic growth probably started with the M& A of Chung Khiaw (think around 1971).  Subsequently, Far Eastern Bank, Lee Wah Bank, Industrial & Commercial Bank n OUB were brought together under its stable.      So, that' s Botak the empire builder, probably still going strong at 86. 
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