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SIAS invites shareholders of Great Eastern Holdings to a dialogue session with OCBC' s management on its ongoing voluntary unconditional general offer for shares in Great Eastern it does not own. Management will also explain how shareholders can accept the offer if they choose to do so, as
well as take questions.
For those unable to attend in person, the event will be live streamed. Details on how to access the live stream will be provided upon
registration.
https://mailchi.mp/sias/exclusively-for-shareholders-of-great-eastern-holdings-join-us-at-the-hybrid-dialogue-session-with-ocbc-register-now?e=1d8d81f8a7
well as take questions.
For those unable to attend in person, the event will be live streamed. Details on how to access the live stream will be provided upon
registration.
https://mailchi.mp/sias/exclusively-for-shareholders-of-great-eastern-holdings-join-us-at-the-hybrid-dialogue-session-with-ocbc-register-now?e=1d8d81f8a7
Great Easten shareholders pls sign the petition to OCBC
https://chng.it/kzhB2XhGvD
Do take a look and help circulate to OCBC and GEH shareholders. Thanks
https://chng.it/kzhB2XhGvD
Do take a look and help circulate to OCBC and GEH shareholders. Thanks
Behind the minority-investor movement at Great Eastern: BT Mark to Market (Ep 41)
https://omny.fm/shows/bt-mark-to-market/behind-the-minority-investor-movement-at-great-eas
https://omny.fm/shows/bt-mark-to-market/behind-the-minority-investor-movement-at-great-eas
If you are a GEH shareholder and wish to support our actions, please pm or email me at:
Mobile: 9862 8896
Email: [email protected]
Hi pls contribute to the minority shareholder movement by WhatsApp Mr Ong, he will send the documents to get your name and signature, he will submit 3 resolutions to great eastern board for the upcoming AGM to enhance shareholder value. Thank you 🙏
Mobile: 9862 8896
Email: [email protected]
Hi pls contribute to the minority shareholder movement by WhatsApp Mr Ong, he will send the documents to get your name and signature, he will submit 3 resolutions to great eastern board for the upcoming AGM to enhance shareholder value. Thank you 🙏
Great Eastern Q2 profit up 22% to $282.9m as insurance business gets boost
Great Eastern' s net profit rose 22 per cent to $282.9 million for the second quarter ended June 30, from $232.3 million in the same period a year ago.
This was mainly due to higher profit from the insurance business, the insurance arm of OCBC Bank said on Tuesday (Aug 2).
Non-operating profit for the segment jumped 368 per cent to $168.4 million, from $36 million previously, while operating profit grew 19 per cent to $174.1 million, from $146.9 million.
The insurer also booked a $58.9 million loss from shareholders&rsquo fund, from a profit of $55.8 million in the year before.
Consistent performance across all markets drove total weighted new sales to rise 3 per cent to $550.6 million from $534.8 million. Higher sales from the Malaysia market helped new business embedded value (NBEV) increase by 5 per cent to $201.9 million from $193.1 million the year prior.
Great Eastern group chief executive Khor Hock Seng said net profit for the first half of 2022 remained resilient despite the volatile capital and financial markets.
For the six months ended June, net profit was down 25 per cent to $502.9 million from $669.9 million. This translates to earnings per share of $1.06 for the year, down from $1.42 in the same period a year ago.
Operating profit from the insurance business grew 11 per cent to $365.5 million from $328.2 million, mainly due to growth across the group&rsquo s core markets.
Non-operating profit was down 10 per cent to $227.3 million from $251.7 million as mark-to-market gains on asset liability mismatch from increasing interest rates were offset by mark-to-market losses from widening credit spreads and equities.
Great Eastern recorded a loss of $89.8 million from shareholders&rsquo fund, compared with a profit of $102.2 million last year. The loss was due to mark-to-market losses in equities and collective investment schemes, compared with gains recorded last year.
Total weighted new sales were up 15 per cent on the year to $1.1 billion from $916.7 million on higher sales across all markets.
NBEV for the half-year period was up 0.5 per cent at $393.2 million, compared with $391.3 million in the year-ago period. Great Eastern noted that gains from a stable overall performance and higher contributions from the Singapore market were offset by lower NBEV from Malaysia.
Its board has declared an interim dividend of 10 cents per share for the financial year ending Dec 31, payable on Aug 31.
Great Eastern Reports 1H-22 Financial Results
Q2-22 Operating Profit up 19% to S$174.1 million 1H-22 up 11% to
S$365.5 million
Q2-22 Profit Attributable to Shareholders up 22% to S$282.9 million
1H-22 down 25% to S$502.9 million
Q2-22 Total Weighted New Sales up 3% to S$550.6 million 1H-22
up 15% to S$1,055.9 million
Q2-22 New Business Embedded Value up 5% to S$201.9 million
1H-22 up slightly to S$393.2 million
Dividend
The Board of Directors has declared an interim one-tier tax exempt dividend of 10
cents per ordinary share for the financial year ending 31 December 2022, to be paid
on 31 August 2022.
https://links.sgx.com/1.0.0/corporate-announcements/UE99HG4B9E0E80AR/725829_Media%20Release.pdf
in the coming october 2022' s period to dress up for year end closing we will see this again
https://www.sgx.com/research-education/market-updates/20211018-uob-singtel-ocbc-led-net-institutional-buying-early
https://www.sgx.com/research-education/market-updates/20211018-uob-singtel-ocbc-led-net-institutional-buying-early
Singpost ( Date: 20-Jul-2022 11:34) Posted:
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so what is the plan in the market .. which stock to invest ?
https://www.investopedia.com/articles/economics/08/1970-stagflation.asp
Russia&rsquo s invasion of Ukraine added to fears that began brewing in 2021 that the world may be revisited by something not seen much in decades: stagflation. Recent steps by the US Federal Reserve and other central banks to fight the highest inflation rates of the century have only added to stagflation worries.
A combination of the words &ldquo stagnation&rdquo and &ldquo inflation,&rdquo it describes an economy with high unemployment and little to no growth even as prices are rising faster than normal. Iain Macleod, a British politician, coined the term in 1965. Plenty of economists once doubted stagflation was possible. That&rsquo s because unemployment and inflation typically move in opposite directions, since price levels are usually driven by an economy&rsquo s level of demand, and unemployment generally falls when demand booms.
1. What is stagflation?
A combination of the words &ldquo stagnation&rdquo and &ldquo inflation,&rdquo it describes an economy with high unemployment and little to no growth even as prices are rising faster than normal. Iain Macleod, a British politician, coined the term in 1965. Plenty of economists once doubted stagflation was possible. That&rsquo s because unemployment and inflation typically move in opposite directions, since price levels are usually driven by an economy&rsquo s level of demand, and unemployment generally falls when demand booms.
Singapore life insurance industry sees new sales surge 61% in first half of 2021, past pre-pandemic level
https://www.straitstimes.com/business/economy/singapore-life-insurance-industry-sees-new-sales-surge-61-in-first-half-of-the-year
chartistkao1 ( Date: 15-Nov-2021 13:38) Posted:
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when will the foreign hedge funds cover back their short position on rubber stocks?
https://www.cnbc.com/2021/03/09/investing-analyst-on-outlook-for-top-glove-malaysian-glove-stocks.html
https://www.cnbc.com/2021/03/09/investing-analyst-on-outlook-for-top-glove-malaysian-glove-stocks.html
chartistkao1 ( Date: 15-Nov-2021 11:38) Posted:
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当 我 对 你 （ 2020） 有 所 怀 疑
https://images.app.goo.gl/RLXEb33xMu97j3JT6
https://www.youtube.com/watch?v=8vjRXe3crrg
why wait and endure and suffer?
chartistkao1 ( Date: 15-Nov-2021 11:34) Posted:
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the 2009' s QE and OT and buying of us bonds till march 2020
https://images.app.goo.gl/Ukd5bdmcqrs9i1me8
https://www.youtube.com/watch?v=8vjRXe3crrg
chartistkao1 ( Date: 15-Nov-2021 11:32) Posted:
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在 2014年 ， 我 就 知 道 这 条 路 走 下 去 会 很 不 容 易
https://www.youtube.com/watch?v=8vjRXe3crrg
see what happened from 2020 to 2021 the two years were mark with loneliness and sadness and madness
chartistkao1 ( Date: 15-Nov-2021 11:24) Posted:
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invest in three sg bank shares and sia during 2015 to 2025
https://www.youtube.com/watch?v=b750XVpaUaw
https://www.youtube.com/watch?v=b750XVpaUaw
chartistkao1 ( Date: 15-Nov-2021 11:20) Posted:
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2015年 到 2021年 那 些 狗 血 剧 情 ， 看 了 不 知 要 哭 还 是 笑
https://www.youtube.com/watch?v=C-ecKb5X5U0
https://www.cnbc.com/2021/09/03/chinas-tech-giants-pour-billions-into-xis-goal-of-common-prosperity.html
chartistkao1 ( Date: 15-Nov-2021 11:17) Posted:
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https://www.reuters.com/article/us-antgroup-ipo-idINKBN27S31I
https://www.reuters.com/world/china/china-widens-clampdown-overseas-listings-with-pre-ipo-review-firms-with-large-2021-07-10/
https://www.youtube.com/watch?v=C-ecKb5X5U0
chartistkao1 ( Date: 15-Nov-2021 11:13) Posted:
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平 安 ， 嗯 啦
https://www.youtube.com/watch?v=HDzEYn1DbRU
https://www.youtube.com/watch?v=HDzEYn1DbRU
chartistkao1 ( Date: 11-Nov-2021 15:34) Posted:
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raise cash by divesting assets and listing its assets in hk or sg
https://www.163.com/dy/article/GJFLL5JD05520E4A.html
https://www.163.com/dy/article/GJFLL5JD05520E4A.html
chartistkao1 ( Date: 11-Nov-2021 15:31) Posted:
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