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UOB might see more downside Post Reply Rate topic
chartistkao1 Supreme	04-Aug-2022 09:22        chartistkao1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	will money goes into https://links.sgx.com/1.0.0/corporate-announcements/T8LCP1HWADMYWZJF/9f9a3b3f42f419c6db529fbbe80c3eed84889284832e260b19dfbed40ed11b1b chartistkao1      ( Date: 04-Aug-2022 09:08) Posted: how the uob' s shorts were executed https://www.home.saxo/en-sg/content/articles/thought-starters/the-advantages-of-cfds-vs-stocks-22012020 chartistkao1      ( Date: 04-Aug-2022 09:06) Posted: since april till may 22 ,many had make use of CFD to make money on uob shorts https://www.contracts-for-difference.com/strategies/Shorting-Shares.htm
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chartistkao1 Supreme	04-Aug-2022 09:08        chartistkao1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	how the uob' s shorts were executed https://www.home.saxo/en-sg/content/articles/thought-starters/the-advantages-of-cfds-vs-stocks-22012020 chartistkao1      ( Date: 04-Aug-2022 09:06) Posted: since april till may 22 ,many had make use of CFD to make money on uob shorts https://www.contracts-for-difference.com/strategies/Shorting-Shares.html chartistkao1      ( Date: 04-Aug-2022 09:04) Posted: uob short covering now till oct 2022 https://www.theedgesingapore.com/capital/results/dbs-reports-net-profit-182-bil-2qfy2022-7-y-o-y?utm_source=pushengag
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chartistkao1 Supreme	04-Aug-2022 09:06        chartistkao1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	since april till may 22 ,many had make use of CFD to make money on uob shorts https://www.contracts-for-difference.com/strategies/Shorting-Shares.html chartistkao1      ( Date: 04-Aug-2022 09:04) Posted: uob short covering now till oct 2022 https://www.theedgesingapore.com/capital/results/dbs-reports-net-profit-182-bil-2qfy2022-7-y-o-y?utm_source=pushengage john_ric      ( Date: 30-Jun-2022 11:12) Posted: Same situation. Expect More fast down .
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chartistkao1 Supreme	04-Aug-2022 09:04        chartistkao1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	uob short covering now till oct 2022 https://www.theedgesingapore.com/capital/results/dbs-reports-net-profit-182-bil-2qfy2022-7-y-o-y?utm_source=pushengage john_ric      ( Date: 30-Jun-2022 11:12) Posted: Same situation. Expect More fast down .
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john_ric Supreme	30-Jun-2022 11:12        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	Same situation. Expect More fast down .
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allen19 Senior	24-Aug-2020 16:23        allen19 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The impact of Covid-19 and expiry of debt-relief schemes in the region may hurt Singapore banks' asset quality into 2021. More defaults could come from the transport, general commerce and manufacturing sectors despite government aid. In 2Q, those sectors constituted 78% of DBS' NPLs, 70% of OCBC' s and 53% of UOB' s. For loans under moratorium, we think Malaysian moratoriums will be at risk as they expire in 3Q. UOB' s asset quality in 2H could be hit most as its exposure to loans under moratorium is 16% of its total loans, vs. 10% for OCBC (of which S$13.8 billion are in Malaysia) and 5% for DBS. We expect that under a negative scenario, impairment of UOB' s total loans could by 2021 exceed the 10-15% guided by management. (08/18/20) Thus, UOB might have more downside faced with more bad loan risks ahead among the local three. I remain bearish on the stock.
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