| Latest Forum Topics / Others |
 Post Reply
|
|
3 BIG Spore banks ....:))
|
|||||
|
FATABA
Supreme |
09-Jan-2025 11:37
|
||||
|
x 0
x 0 Alert Admin |
Lol you are not wrong .....it is just a matter of which pocket they wish .....as long as they OWNED the pockets. Time will tell.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Echoes
Senior |
09-Jan-2025 10:09
|
||||
|
x 0
x 0 Alert Admin |
GE not in pocket yet . OCBC did not manage to secure 90% of shares they do not own , which will trigger a compulsary aquisition . Neither did OCBC secure 70% of shares they do not own , which will compel them to make an exit offer . As it stands now , under SGX rules , GE will need to restore the float and relist the counter . GE has asked for time extension till end Jan if I remembered correctly , and SGX has agreed . Anyway , the way I look at it , with OCBC owning 93% of GE now , its not much difference with owning 100% . Lets see how this will eventually pan out .
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
FATABA
Supreme |
09-Jan-2025 09:17
|
||||
|
x 0
x 0 Alert Admin |
OCBC is staying strong ( w GE in her pocket now ....and up to them to decide) DBS might challenge its ATH again soooon . LOL Happy investing.
|
||||
| Useful To Me Not Useful To Me | |||||
|
MrBear12
Supreme |
09-Jan-2025 01:44
|
||||
|
x 0
x 0 Alert Admin |
Markets expect another bank bumper year for 2025. Mrbear expects record profits again for this FY. So many are stocking up in anticipation of much higher profits this year as SE Asia economy grows steadily
|
||||
| Useful To Me Not Useful To Me | |||||
|
RL16EGG
Veteran |
08-Jan-2025 16:18
|
||||
|
x 0
x 0 Alert Admin |
I hope the 3 banks rally as high as possible till trump shouts his tariffs. Should be more than earnings that drive the banks up today. It looks like the analysts need to revise their price targets again lol. Anyway, I expect correction will come this fri or next fri. Lets enjoy the ride. The way DBS has been flying, may be it will hit $60 on the 8th of aug for SG60 lol. Pls take it as a joke. DBS shares reach S$45 for the first time |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
FATABA
Supreme |
08-Jan-2025 15:29
|
||||
|
x 0
x 0 Alert Admin |
Yes , now some are even talking about ONE cut next year .....banks wld be happy lol Anyway, Spore banks could also due to HOPE of more payout ...60th anni DYODD
|
||||
| Useful To Me Not Useful To Me | |||||
|
huattuatua
Master |
08-Jan-2025 14:52
|
||||
|
x 0
x 0 Alert Admin |
oc really nice, lol |
||||
| Useful To Me Not Useful To Me | |||||
|
huattuatua
Master |
08-Jan-2025 14:50
|
||||
|
x 1
x 0 Alert Admin |
maybe its becos due to the bond' s yield last nite after the release of data that ISP showed an accelaration of activity, hence showing inflation is not slowing down as such the probability of rate cuts by the feds next month might not materialise. dbs has always been the most sensitive to bonds yield dyodd
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Echoes
Senior |
08-Jan-2025 14:34
|
||||
|
x 0
x 0 Alert Admin |
Ya boy . I wonder what is fuelling the banks run . US was down last night , Asia Pacific is mixed today , and other STI component stocks mixed as well . |
||||
| Useful To Me Not Useful To Me | |||||
|
pkli899
Supreme |
08-Jan-2025 13:13
|
||||
|
x 0
x 0 Alert Admin |
Percentage wise, OCBC went up by more than 3%! DBS, 1%+. UOB the least, less than1%. |
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
08-Jan-2025 11:34
|
||||
|
x 0
x 0 Alert Admin |
Wow all 3 banks are rising and pushing STI toward 3850 ...a good start to the year. OCBC and DBS are at all time high .......crossing the $17 and DBS hit $45 today . Valuation are getting 2X for DBS ( Price/Book ) and OCBC P/B is aro 1.46X at 17.25 ( would we still invest in them > ? ) I have not commend on UOB , at 1.43X P/B ( 37.25 price) ....I really wonder how much more can it rise > and more importantly why ? Expecting a good set of result coming full year 2024 in Feb 25 I dont think our banks can keep pace on this rise and profit ( of 2024) however barring major global events, 2025 can still be a stable good year for our banks ....( more so for OCBC and DBS) Happy investing. |
||||
| Useful To Me Not Useful To Me | |||||
|
RL16EGG
Veteran |
06-Jan-2025 12:33
|
||||
|
x 0
x 0 Alert Admin |
No doubt the 3 banks have been the roses among the thorns. 2025 are going to be tough with tariff-minded Trump. I will settle for a 0.89c dividend and price appreciation till $18 haha. Happy New Year, folks.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
FATABA
Supreme |
06-Jan-2025 11:29
|
||||
|
x 0
x 0 Alert Admin |
Thanks for your consolidated update on the 3 banks. 2024 certainly was a great year for bank stocks . Going forward into 2025, certainly we were face many headwinds ....esp the one on 20th Jan .....trump policy will be a major factor for all countries. However the counter balance ( I hope) would be our 60 year bonus and the strong wealth management profit for banks . Personally I think bank can still do well ( esp DBS) but might not be as strong as 2024 result . Time will tell.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Delvyss
Veteran |
06-Jan-2025 09:57
|
||||
|
x 0
x 0 Alert Admin |
Singapore bank earnings to continue riding higher-for-longer rates, wealth sector growth in 2025Strong dividends remain attractive feature of local banks, analysts say https://www.businesstimes.com.sg/companies-markets/singapore-bank-earnings-continue-riding-higher-longer-rates-wealth-sector-growth-2025 |
||||
| Useful To Me Not Useful To Me | |||||
|
Echoes
Senior |
31-Dec-2024 13:06
|
||||
|
x 2
x 0 Alert Admin |
Now that 2024 trading is done and dusted , how did our trio do for this calender year ? I have quoted my post from Dec 2023 for comparison : STI - Started 2024 at 3240 pts , ended at 3788 , up 16.9% . One of the best performance index in Asia . DBS - Started $33.41 , ended $43.72 ,capital gains $10.31 , bonus issue worth $3.30 , dividens collected $2.16 , total returns 47.2% . UOB - Started $28.45 , ended $36.33 , capital gains $7.85 , dividens collected $1.65 , total returns 33.39% OCBC - Started $13 , ended $16.69 , capital gains $3.69 , dividens collected $0.86 , total returns 35% . What can I say . A stellar performance from the trio outperforming the index by about 2 times . And since the 3 banks constitutes around 50% of the STI , we can fairly conclude that all the gains made by STI this year came from the banks and the other 27 index stocks ended flat . Happy New Year all .
|
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
24-Dec-2024 11:43
|
||||
|
x 0
x 0 Alert Admin |
2024 is coming to an end in a week. With Chirstmas coming tmr and then the New Year, trading volume is thin , ALL 3 banks are still trading relatively at their high for 2024 , let us hope it can continue for 2025 ,,,, esp big brother DBS :)) Wishing everyone a properous and healthy 2025 ..... most important spending time w your family and love one . Merry Christmas and Happy new year. |
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
04-Dec-2024 14:23
|
||||
|
x 0
x 0 Alert Admin |
At time of typing this note ....DBS should be able to see $44 today or soon...yes 44 dollars. New high and P/B crosses 2x . W a $3B sBB DBS run may not be done . ( UOB also claim to have a SBB BUT the big diff is that NO $$ amount is given , again a big different in the experience of mgt ) . Some may not be able to comprehend the reasons for doing a SBB when price is above $42 I guess if you really look into DBS result and the coming qtrs ( esp Q4) we can appreciate DBS ability to deploy its capital and benefit its SH . Happy investing , Looking forward to a Merry Christmas and prosperous CNY . |
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
08-Nov-2024 15:35
|
||||
|
x 0
x 0 Alert Admin |
By today ....If any into financial stock .....would definately have laugh to the bank.....HUAT I have not written much about them in details due to war in middle east and US election ( honestly was surprise both events didnot bring down the mkt at all ) Barring any major global events..... OCBC is certainly hitting $16 ...a new high and w Helen as CEO , growth promise cld come in . OCBC centre (land) wld also add value to OCBC in the next 3 yrs. No idea how far it will go from here . BOS is certainly growing very well. Similarly for the Pearl Delta. UOB is the most worrying one . At over $36 , it is trading at over 1.38X book and lead by a 71/72 yr old man, Certainly expect some changes in the next 3 yrs. Doubt he can lead w his current mgt style forever. The web of UOB companies also need a major reStructuring . Time will tell on this one . ( officially there is NO SBB announced ) DBS is still the brightest among the 3 . Go growth ....and w a $3B SBB program on. Supporting its share price . Change of CEO should not be a major issue as she is with DBS for many years. I can only see DBS staying abover $40 for some time . DYODD Happy investing |
||||
| Useful To Me Not Useful To Me | |||||
|
RL16EGG
Veteran |
07-Nov-2024 18:09
|
||||
|
x 0
x 0 Alert Admin |
Wah say 15.88. Sad because recent market volality has failed to sink it to abt 14.81 for me to add. On stand by, da*n long. Anyway, still very happy to see it trying break 16 and hopefully to reach 17. At current price 15.88, assume nav 12.47 from 12.29 (tomorrow result) giving p/b 1.27. Assume another 1.5% jump to 12.66 and p/b 1.27 , 16.1 (conservative) all goes well. |
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
07-Nov-2024 11:51
|
||||
|
x 0
x 0 Alert Admin |
wow could see 42/43 before 25th Nov DYODD
|
||||
| Useful To Me Not Useful To Me | |||||