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OCBC Bank
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ocbc buyers fight back from the shortists
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chartistkao1
Supreme |
11-Oct-2023 16:51
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https://www.ggzx.net/doc/release?resourceId=4995& resourceType=3
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chartistkao1
Supreme |
11-Oct-2023 16:45
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then 2025 US lead the world into deep recession vie mutiple rate hikes https://www.shhk.com.sg/wp-content/uploads/2021/06/%E5%A4%B4%E8%B7%AF%E2%80%94%E2%80%94%E6%96%B0%E5%8A%A0%E5%9D%A1%E7%A6%8F%E5%BB%BA%E4%BA%BA%E7%9A%84%E8%A1%8C%E4%B8%9A-Preview.pdf
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chartistkao1
Supreme |
11-Oct-2023 16:43
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the 2024 us economy hard landing http://www.tireworld.com.cn/community/baike/2015819/18081.html
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chartistkao1
Supreme |
11-Oct-2023 14:17
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https://www.finews.asia/finance/40173-citi-agrees-to-sell-china-consumer-unit-to-hsbc
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chartistkao1
Supreme |
11-Oct-2023 13:43
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https://investors.sgx.com/securities/stocks?security=O39
buy low at $8 to $13 and sell higher at $18 after 2025
https://www.businesstimes.com.sg/companies-markets/ocbc-expects-2-dip-2020-revenue-growth-virus-impact-ups-dividend-higher-q4-profit
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chartistkao1
Supreme |
11-Oct-2023 11:16
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fter taking profit from the highly leveraged reits and devlopers in sg and hk the money is reallocated into
https://www.cnbc.com/quotes/OCBC-SG
https://www.cnbc.com/quotes/0005.HK
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chartistkao1
Supreme |
11-Oct-2023 11:04
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I have a long-term investment horizon. I am generally a hoarder who adds to my equities holdings when I have time and/or spare cash. And I prune my holdings far too infrequently. It&rsquo s convenient to hold stocks via the Central Depository Account or a nominee account with a bank. I need not fear losing physical share certificates, and dividends are generally paid in a timely manner, directly into one&rsquo s bank account, with hardly any need for monitoring on my part. I favour Singapore equities because I am based here, comfortable with the local regulatory framework, and prefer Singapore-dollar denominated investments as I like the local currency.   
Given my preference to invest in larger-cap names, I have lots of exposure to Temasek-linked entities. Such entities make up nearly half the constituents of the benchmark Straits Times Index.  I am comfortable investing in groups in which Temasek is a big shareholder, as it would be counting on these entities delivering strong and sustainable performance so that it can contribute effectively to the government&rsquo s coffers.    GET BT IN YOUR INBOX DAILY
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Wee family entitiesBeyond Temasek-linked names, the rest of my Singapore-focused equities investments are largely in groups which have families as major shareholders. For example, my family invests in entities in which the family of banker Wee Cho Yaw is a major shareholder. Examples include banking group  UOB : U11 -0.39%, conglomerate  Haw Par Corporation : H02 +0.1%, and property groups  UOL Group : U14 -0.15%  and  Singapore Land Group : U06 +2.5%  (SingLand). A major reason for my confidence in the Wee stable of companies is the family has plenty of skin in the game.  Having worked in investment banking, I am wary of traders who take risky positions using other people&rsquo s money. If bets succeed, these traders receive big bonuses. If bets fail, other people bear the losses. With the Wee stable of companies, I trust that business sustainability truly matters, as the family may seek to grow wealth to transfer to younger generations.  A parallel can be drawn with successive generations of political leaders here, who seek to grow Singapore in order to hand over a stronger nation to future generations.      With much wealth tied up in their listed holdings, I trust that Wee family members, in whatever capacities, are vigilant about risk management, long-term strategic planning and financial prudence. Also, I can rely on the Wee-owned companies to pay steady and sustainable dividends, as the family benefits when shareholders are rewarded. For sure, entities such as Haw Par, UOL and SingLand can do much more to unlock value. Based on the companies&rsquo share prices as at Oct 9 and net asset value (NAV) as at end-June, Haw Par, UOL and SingLand traded at a discount to NAV of 36 per cent, 49 per cent and 65 per cent respectively. Take Haw Par. Might a corporate restructuring of the group whose business comprises healthcare, leisure, property and equities investments help unlock value?  Haw Par holds sizeable stakes in UOB and UOL, worth a combined value of around S$2.6 billion as at end-June, and which accounted for about 73 per cent of Haw Par&rsquo s total assets.  Haw Par may be an inefficient vehicle to hold the said shares. Boards of all listed entities should constantly work to unlock shareholder value. Nonetheless, I am a patient investor who draws assurance from a business growing its NAV and profits, and which generates good cash flow over time, even if its share price is persistently below book value.    Over a 10-year period, UOL grew the interest of the shareholders from S$6.14 billion in 2012 to S$10.64 billion in 2022.  Throughout this period, the group&rsquo s gearing ratio was generally low &ndash often below 0.3 times. Also, UOL paid a fairly stable dividend per share (DPS) over the period, with total DPS for 2022 of S$0.18, up from S$0.15 for 2021.  Family members in executive rolesWith listed groups where families hold big stakes, investors may be concerned over the suitability of family members to lead the business. Wee Ee Cheong had huge shoes to fill when he succeeded his father, Cho Yaw, as UOB&rsquo s chief executive officer (CEO) in 2007.  Fast forward to today, UOB has done well with Ee Cheong as CEO. He led the group through the global financial crisis and the Covid-19 pandemic, and was named Businessman of the Year at the 37th Singapore Business Awards in 2022.  UOB is embarking on exciting growth plans &ndash the group forked out almost S$5 billion to buy Citigroup&rsquo s consumer banking assets in Indonesia, Malaysia, Thailand and Vietnam to scale up its retail franchise in Asean. Perhaps some family members are the most suitable business leaders. Ee Cheong would have gained from being mentored in banking and business by his father.  At property group  City Developments Limited : C09 -0.6%, Kwek Leng Beng learnt from his father Kwek Hong Png. Today, Sherman Kwek, as group CEO, can count on the counsel of his father, Leng Beng, who is executive chairman. Some children of business leaders may have no interest in running a business. Still, it should be unsurprising that many scions of business families thrive in the business world.  After all, examples abound of successful musicians, artists, sports persons and chefs who got headstarts and took inspiration from parents who are talented and/or passionate in the fields of music, arts, sports and cooking respectively. There are some downsides to family ownership and involvement in businesses. If a family feud erupts, business decision-making could slow and a company&rsquo s board may need to spend time managing feuding factions. Also, some family members may be ill-suited for the leadership roles that they assume in a listed group. I envy the opportunities available to those born into prominent and established business families.  However, family members who run family-linked businesses face pressure to perform. There are legacies to protect, new challenges to conquer, external forces to manage and employees to support.    I wish storied business families, who helm local listed groups, every success, so investors riding with them can prosper too. lee family also hod sizeable s great eastern and bukit sembwang Singapore Investments (Pte) Limited
 
Of course, keep in mind that there are other factors to consider, too. Hedge funds don' t have many shares in Bukit Sembawang Estates. Looking at our data, we can see that the largest shareholder is Singapore Investments (Pte) Limited with 13% of shares outstanding.
https://www.marketscreener.com/quote/stock/BUKIT-SEMBAWANG-ESTATES-L-6492132/company/
https://en.wikipedia.org/wiki/Lee_Seng_Wee
https://www.marketscreener.com/quote/stock/GREAT-EASTERN-HOLDINGS-LI-6492653/company/
 
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chartistkao1
Supreme |
11-Oct-2023 05:01
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ocbc sharebuy back at $13per share on 10/10/2023 https://investors.sgx.com/company-disclosures/company-announcements?securityCode=O39& annc=UNXAY1HKE47H9MM4
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chartistkao1
Supreme |
10-Oct-2023 02:04
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ocbc share buyback on 9/10/2023 purchase price sgd12.85
https://investors.sgx.com/company-disclosures/company-announcements?securityCode=O39& annc=UANEQ7WRZNEP1270
https://links.sgx.com/FileOpen/Anno_9Oct2023.ashx?App=Announcement& FileID=774382
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chartistkao1
Supreme |
09-Oct-2023 16:53
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last friday ocbc' s share buyback again https://investors.sgx.com/company-disclosures/company-announcements?securityCode=O39& annc=QBZ7VKGGLF5S149S
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chartistkao1
Supreme |
09-Oct-2023 10:42
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uob cost income ration 41% ocbc cost/income 38% dbs cost/income 38% moody for uob,ocbc and dbs-a1 https://www.dividends.sg/view/o39
if ocbc share corrected to march 2020 circuit breaker level only 37.8% but if it stays at $12.87 you stand to earn 6.4% yield for ocbc
if it fallen to march 2020 49.49% you only stand to earn 5.68% for dbs
https://sg.finance.yahoo.com/quote/D05.SI/
 
 
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chartistkao1
Supreme |
06-Oct-2023 14:56
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the more the US give out gloomy outloock and volatility 30 years bond the more the directors buy back ocbc share https://investors.sgx.com/company-disclosures/company-announcements?securityCode=O39& annc=BGBSDHZ84U8GPTYK
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chartistkao1
Supreme |
06-Oct-2023 13:21
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https://links.sgx.com/FileOpen/Anno_5Oct2023.ashx?App=Announcement& FileID=774130
 
https://www.ccpit.org/singapore/a/20220426/20220426fc5i.html
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chartistkao1
Supreme |
06-Oct-2023 13:19
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https://investors.sgx.com/company-disclosures/company-announcements?securityCode=O39& annc=AABWYNT34Q2IRZ79
 
https://www.cnbc.com/quotes/OCBC-SG
 
compare to short covering
https://sginvestors.io/sgx/stock/v03-venture/share-price-history
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chartistkao1
Supreme |
06-Oct-2023 11:19
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&ldquo A lot of them show interest in establishing the supply chain as they follow the multinationals and Chinese companies coming into this part of the world. They are setting up shop in &ndash first stop, obviously Singapore, as their Asean headquarters. Then, they&rsquo re looking at other parts of Asean.&rdquo Likewise, Koshiba believes that the region has experienced resilient growth after the pandemic. Citing Apple&rsquo s shift of its iPhone production away from China as an example, he proposed that such decoupling from China offers an opportunity for new suppliers in the region to attract, in particular, the semiconductor industry. &ldquo Here in Asia, there&rsquo s a good chance for new players to come into this market (and) take advantage of this decoupling,&rdquo he said. Moving slow to move fastIn a time of uncertainty, postpone the decision as long as possible, advised Koshiba.&ldquo My advice to the corporate management in Japan is that it is a time for us to increase the number of options&hellip This is not really the time to make critical decisions in a hurry. Just postpone the decision as long as possible, and you can do it if you have enough options,&rdquo he said. He added: &ldquo You don&rsquo t know what&rsquo s going to be your opportunity, so that&rsquo s why you create options.&rdquo Wong proposed otherwise. &ldquo There is only so little time to be waiting and seeing because if you don&rsquo t move on, then you&rsquo re falling behind,&rdquo she said. But she agreed on the importance of creating options. She believes that talent is a salient issue for any organisation, particularly whether companies have the best people to capture the available opportunities. &ldquo When we are waiting and seeing, the best thing is to reflect on whether we have the people who are strong enough to take us to the next stage,&rdquo she added. She concluded that businesses have to focus their attention on two areas: first, on keeping pace with technological advancements and digitalisation second, on committing to sustainability. &ldquo To me, as a business person, I always look at these two and of course, making sure (that we have) the right people to deal with all the uncertainty and capture the options and opportunities.&rdquo http://www.takungpao.com/231106/2020/0109/402069.html she will lead ocbc to cross new territory in a post covid world where US says American is the only world order again  
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chartistkao1
Supreme |
06-Oct-2023 11:08
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when US shutdown and hard landing due to rate hikes up to 7% http://sg.mofcom.gov.cn/article/jrkj/dfhzjz/202108/20210803184712.shtml
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chartistkao1
Supreme |
06-Oct-2023 11:04
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https://www.zaobao.com.sg/finance/singapore/story20231005-1439993
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chartistkao1
Supreme |
06-Oct-2023 11:01
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https://www.zaobao.com.sg/news/singapore/story20231005-1439758
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chartistkao1
Supreme |
06-Oct-2023 10:58
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https://pioneertraining.org/why-kingsford-developer-bought-normanton-park-en-bloc-blocked-selling-units-today-21042019
https://www.businesstimes.com.sg/singapore/intra-asia-trade-investment-flows-will-shape-south-east-asias-future-ocbc-ceo
 
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chartistkao1
Supreme |
06-Oct-2023 10:52
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Mr. Cui Zhengfeng,
https://www.asiaone.com/singapore/kingsford-owner-33m-bungalow-buyer
https://www.businesstimes.com.sg/property/about-kingsford-group-top-bidder-marina-south-state-land-site
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