OCBC Bank    Last:23.39    +0.16

OCBC - Riding high on rising rates

thanks

suppose the recent better value of  UE, Bt Semb, HK Life has  yet to be  been taken into consideration in the books of OCBC ?

FATABA      ( Date: 07-Mar-2017 12:21) Posted: OCBC is giving 0.18 twice a year for the past few years if I am not wrong so 0.36c a yr. ​ base on 9.50 price.  3.8% yeild ​ That is why a special dividend is not rule out if UE or HK ins is sold.....DYODD seanpent      ( Date: 07-Mar-2017 12:06) Posted: btw, based on past, what' s the average dividend per quarter or dividend per year ? if at this price, if one holds for a year, what' s the likely net cost ?

 

OCBC is giving 0.18 twice a year for the past few years if I am not wrong so 0.36c a yr.
​ base on 9.50 price.  3.8% yeild
​ That is why a special dividend is not rule out if UE or HK ins is sold.....DYODD

seanpent      ( Date: 07-Mar-2017 12:06) Posted: btw, based on past, what' s the average dividend per quarter or dividend per year ? if at this price, if one holds for a year, what' s the likely net cost ? FATABA      ( Date: 07-Mar-2017 11:47) Posted: Since coming down fm recent high of 9.78, 13th Feb .....it has maintain aro 9.50 level w reasonable daily volume of aro 4M ave....just a rough numbers. Consolidating ....see where it goes from here :))

 

btw, based on past, what' s the average dividend per quarter or dividend per year ?

if at this price, if one holds for a year, what' s the likely net cost ?

FATABA      ( Date: 07-Mar-2017 11:47) Posted: Since coming down fm recent high of 9.78, 13th Feb .....it has maintain aro 9.50 level w reasonable daily volume of aro 4M ave....just a rough numbers. Consolidating ....see where it goes from here :)) seanpent      ( Date: 07-Mar-2017 11:12) Posted: with various interesting developments in the pipeline  ..... the stock could be potentially under strong stealth accumulation .....

 

seems to be in a collection phase...

alexchew      ( Date: 07-Mar-2017 11:02) Posted: interesting, the price is not reactive to the news. seanpent      ( Date: 07-Mar-2017 10:30) Posted: if $20 by 2020, that' s a very superb return ......

 

hopefully a very huat huat huat outcome soon .....

UE + Bt Semb ..... and + Hong Kong Life Insurance ?

wondering what shareholders may be reaping from all these developments .....

please do share & keep us posted of the progress, bro ..... thanks .....

FATABA      ( Date: 07-Mar-2017 11:47) Posted: Since coming down fm recent high of 9.78, 13th Feb .....it has maintain aro 9.50 level w reasonable daily volume of aro 4M ave....just a rough numbers. Consolidating ....see where it goes from here :)) seanpent      ( Date: 07-Mar-2017 11:12) Posted: with various interesting developments in the pipeline  ..... the stock could be potentially under strong stealth accumulation .....

 

Since coming down fm recent high of 9.78, 13th Feb .....it has maintain aro 9.50 level w reasonable daily volume of aro 4M ave....just a rough numbers.
Consolidating ....see where it goes from here :))

seanpent      ( Date: 07-Mar-2017 11:12) Posted: with various interesting developments in the pipeline  ..... the stock could be potentially under strong stealth accumulation ..... alexchew      ( Date: 07-Mar-2017 11:02) Posted: interesting, the price is not reactive to the news.

 

with various interesting developments in the pipeline  ..... the stock could be potentially under strong stealth accumulation .....

alexchew      ( Date: 07-Mar-2017 11:02) Posted: interesting, the price is not reactive to the news. seanpent      ( Date: 07-Mar-2017 10:30) Posted: if $20 by 2020, that' s a very superb return ......

 

interesting, the price is not reactive to the news.

seanpent      ( Date: 07-Mar-2017 10:30) Posted: if $20 by 2020, that' s a very superb return ...... seanpent      ( Date: 07-Mar-2017 08:58) Posted: Wow ..... 33% stake !

 

if $20 by 2020, that' s a very superb return ......

seanpent      ( Date: 07-Mar-2017 08:58) Posted: Wow ..... 33% stake ! FATABA      ( Date: 06-Mar-2017 22:41) Posted: WOW, Its UE confirm under due deligent.....BS is speculative by a DBS report ....?? ​ Now this one....wow.....OCBC is huat huat.....so much more gems in his pocket......$20 by 2020. PLS note the highlighted .....words... ​ _____________________________________________________________________________________________ SINGAPORE (March 6): A battle is brewing between Yue Xiu Group and a consortium including  China UCF Group to acquire Hong Kong Life Insurance, one of the last remaining independent insurance companies left in the former British colony. And Oversea-Chinese Banking Corporation (OCBC), which owns a 33% stake in Hong Kong Life Insurance through its wholly-owned subsidiary, OCBC Wing Hang, could reap the spoils. &ldquo Hong Kong Life Insurance is valued at US$700 million ($986 million),&rdquo says UOB KayHian analyst Jonathan Koh in a note on Monday. &ldquo OCBC could utilise proceeds of $326 million from the divestment of 33% stake in Hong Kong Life Insurance to reinvest in its core commercial banking business.&rdquo According to Bloomberg, citing people familiar with the matter, UCF is in late-stage discussions with Hong Kong Life&rsquo s owners, who are seeking to reach an agreement by the end of the month. The sources said there is no certainty the talks will result in a deal. But if it does go through, the transaction would be at least the third acquisition of a Hong Kong insurer by a Chinese firm in two years. &ldquo Chinese companies are so keen to buy financial assets in Hong Kong that they wouldn&rsquo t mind paying a high price, because the choices are very limited,&rdquo Ronald Wan, chief executive officer at Partners Capital International in Hong Kong, told Bloomberg. &ldquo They are interested in financial assets linked to the US dollar given the yuan devaluation.&rdquo At the same time, UOB&rsquo s Koh believes more potential buyers could emerge to vie for Hong Kong Life Insurance. &ldquo China Insurance Regulatory Commission (CIRC) is said to be mulling new rules that would give large insurers with strong solvency ratios, such as China Life, Ping An and China Pacific Insurance, more leeway to expand overseas,&rdquo Koh says. For OCBC, this could mean an even bigger share of the spoils. &ldquo The price tag could increase if one of these large insurers joins the fray,&rdquo he adds.

 

Wow ..... 33% stake !

FATABA      ( Date: 06-Mar-2017 22:41) Posted: WOW, Its UE confirm under due deligent.....BS is speculative by a DBS report ....?? ​ Now this one....wow.....OCBC is huat huat.....so much more gems in his pocket......$20 by 2020. PLS note the highlighted .....words... ​ _____________________________________________________________________________________________ SINGAPORE (March 6): A battle is brewing between Yue Xiu Group and a consortium including  China UCF Group to acquire Hong Kong Life Insurance, one of the last remaining independent insurance companies left in the former British colony. And Oversea-Chinese Banking Corporation (OCBC), which owns a 33% stake in Hong Kong Life Insurance through its wholly-owned subsidiary, OCBC Wing Hang, could reap the spoils. &ldquo Hong Kong Life Insurance is valued at US$700 million ($986 million),&rdquo says UOB KayHian analyst Jonathan Koh in a note on Monday. &ldquo OCBC could utilise proceeds of $326 million from the divestment of 33% stake in Hong Kong Life Insurance to reinvest in its core commercial banking business.&rdquo According to Bloomberg, citing people familiar with the matter, UCF is in late-stage discussions with Hong Kong Life&rsquo s owners, who are seeking to reach an agreement by the end of the month. The sources said there is no certainty the talks will result in a deal. But if it does go through, the transaction would be at least the third acquisition of a Hong Kong insurer by a Chinese firm in two years. &ldquo Chinese companies are so keen to buy financial assets in Hong Kong that they wouldn&rsquo t mind paying a high price, because the choices are very limited,&rdquo Ronald Wan, chief executive officer at Partners Capital International in Hong Kong, told Bloomberg. &ldquo They are interested in financial assets linked to the US dollar given the yuan devaluation.&rdquo At the same time, UOB&rsquo s Koh believes more potential buyers could emerge to vie for Hong Kong Life Insurance. &ldquo China Insurance Regulatory Commission (CIRC) is said to be mulling new rules that would give large insurers with strong solvency ratios, such as China Life, Ping An and China Pacific Insurance, more leeway to expand overseas,&rdquo Koh says. For OCBC, this could mean an even bigger share of the spoils. &ldquo The price tag could increase if one of these large insurers joins the fray,&rdquo he adds. FATABA      ( Date: 06-Mar-2017 14:00) Posted: Honestly I dont think BS will be sold so fast/ not even this year. ​ Its just DBS report that push this into a potential.  IF OCBC wants to sell certainly they can afford to wait for a better timing ....at least when the property cycle is back .  ​ That is why OCBC is really a GEM.....so much of hidden gems inside OCBC......of course today its a joke, ....OCBC $20 in 2020 ? haha.

 

WOW, Its UE confirm under due deligent.....BS is speculative by a DBS report ....??
​ Now this one....wow.....OCBC is huat huat.....so much more gems in his pocket......$20 by 2020.
PLS note the highlighted .....words...

​ _____________________________________________________________________________________________

SINGAPORE (March 6): A battle is brewing between Yue Xiu Group and a consortium including  China UCF Group to acquire Hong Kong Life Insurance, one of the last remaining independent insurance companies left in the former British colony.

And Oversea-Chinese Banking Corporation (OCBC), which owns a 33% stake in Hong Kong Life Insurance through its wholly-owned subsidiary, OCBC Wing Hang, could reap the spoils.

&ldquo Hong Kong Life Insurance is valued at US$700 million ($986 million),&rdquo says UOB KayHian analyst Jonathan Koh in a note on Monday. &ldquo OCBC could utilise proceeds of $326 million from the divestment of 33% stake in Hong Kong Life Insurance to reinvest in its core commercial banking business.&rdquo

According to Bloomberg, citing people familiar with the matter, UCF is in late-stage discussions with Hong Kong Life&rsquo s owners, who are seeking to reach an agreement by the end of the month.

The sources said there is no certainty the talks will result in a deal. But if it does go through, the transaction would be at least the third acquisition of a Hong Kong insurer by a Chinese firm in two years.

&ldquo Chinese companies are so keen to buy financial assets in Hong Kong that they wouldn&rsquo t mind paying a high price, because the choices are very limited,&rdquo Ronald Wan, chief executive officer at Partners Capital International in Hong Kong, told Bloomberg. &ldquo They are interested in financial assets linked to the US dollar given the yuan devaluation.&rdquo

At the same time, UOB&rsquo s Koh believes more potential buyers could emerge to vie for Hong Kong Life Insurance.

&ldquo China Insurance Regulatory Commission (CIRC) is said to be mulling new rules that would give large insurers with strong solvency ratios, such as China Life, Ping An and China Pacific Insurance, more leeway to expand overseas,&rdquo Koh says.

For OCBC, this could mean an even bigger share of the spoils. &ldquo The price tag could increase if one of these large insurers joins the fray,&rdquo he adds.

FATABA      ( Date: 06-Mar-2017 14:00) Posted: Honestly I dont think BS will be sold so fast/ not even this year. ​ Its just DBS report that push this into a potential.  IF OCBC wants to sell certainly they can afford to wait for a better timing ....at least when the property cycle is back .  ​ That is why OCBC is really a GEM.....so much of hidden gems inside OCBC......of course today its a joke, ....OCBC $20 in 2020 ? haha.   kirana      ( Date: 06-Mar-2017 13:51) Posted: Its a little sad that once UE and BS gone from the list, I don' t knwo what else to keep. DBS? Nah. UOB and OCBC possible. SPH maybe can consider for 3-5 years span.

 

today NOT FAT Leh...

 

This is from the last financial repor t.....not recent qtr results.....but I dont thk much changes.......OCBC?GE and Lee gp do own a lot .:))
​ Sorry the best format I can cut and paste....

TWENTY LARGEST SHAREHOLDERS
No. Name of Shareholders No. of Shares %
1 SINGAPORE INVESTMENTS PTE LTD 34,633,008 13.38 2 SELAT PTE LIMITED 29,478,664 11.39 3 CITIBANK NOMINEES SINGAPORE PTE LTD 26,743,125 10.33 4 BNP PARIBAS SECURITIES SERVICES 26,243,778 10.14 5 LEE RUBBER COMPANY PTE LTD 21,955,968 8.48 6 RAFFLES NOMINEES (PTE) LTD 16,042,426 6.20 7 KALLANG DEVELOPMENT (PTE) LIMITED 11,875,192 4.59 8 GREAT EASTERN LIFE ASSURANCE CO LTD - PARTICIPATING FUND 6,171,184 2.38 9 LEE LATEX PTE LIMITED 5,271,400 2.04 10 DBS NOMINEES PTE LTD 3,126,348 1.21 11 LEE FOUNDATION 2,963,130 1.14 12 ISLAND INVESTMENT COMPANY PTE LTD 2,829,600 1.09 13 LEE FOUNDATION STATES OF MALAYA 2,711,300 1.05 14 UNITED OVERSEAS BANK NOMINEES PTE LTD 2,307,910 0.89 15 HSBC (SINGAPORE) NOMINEES PTE LTD 2,131,846 0.82 16 OVERSEA-CHINESE BANK NOMINEES PTE LTD 1,916,076 0.74 17 YEO REALTY & INVESTMENTS (PTE) LTD 1,603,000 0.62 18 LEE PLANTATIONS PTE LIMITED 1,533,600 0.59 19 DBSN SERVICES PTE LTD 1,514,252 0.58 20 TAN PROPRIETARY (PTE) LTD 1,200,000 0.46 Total 202,251,807 78.12

seanpent      ( Date: 06-Mar-2017 15:51) Posted: any info of who owns most of " landlord king" ?

 

In the papers, (again) stated as OCBC & GE & Lee group.

 

any info of who owns most of " landlord king" ?

 

yes.. uou are holding OCBC that is bought cheaper.. 

seanpent      ( Date: 06-Mar-2017 14:05) Posted: think OCBC very worthy of a keep ..... :) leongyan      ( Date: 06-Mar-2017 13:24) Posted:   if true you hold 100 lots at this range.. if it goe sup $1 within the next 4 months you stand to reap $100k. Can close shop for the year.   your own due diligience :)

 

think OCBC very worthy of a keep ..... :)

leongyan      ( Date: 06-Mar-2017 13:24) Posted:   if true you hold 100 lots at this range.. if it goe sup $1 within the next 4 months you stand to reap $100k. Can close shop for the year.   your own due diligience :) seanpent      ( Date: 06-Mar-2017 12:25) Posted: Bt Semb also in the picture ?    Then really very fat fat .....

 

Honestly I dont think BS will be sold so fast/ not even this year.
​ Its just DBS report that push this into a potential.  IF OCBC wants to sell certainly they can afford to wait for a better timing ....at least when the property cycle is back . 
​ That is why OCBC is really a GEM.....so much of hidden gems inside OCBC......of course today its a joke, ....OCBC $20 in 2020 ? haha.

 

kirana      ( Date: 06-Mar-2017 13:51) Posted: Its a little sad that once UE and BS gone from the list, I don' t knwo what else to keep. DBS? Nah. UOB and OCBC possible. SPH maybe can consider for 3-5 years span.

 

upfront, ride  OCBC for  the UE and Bt Semb opportunities first .....

then  continue to stay invested  in OCBC and enjoy the dividend .....  just in case one day, bank mergers surface again .....  then hopefully, OCBC will be a takeover target by DBS or UOB .....

 

 

Its a little sad that once UE and BS gone from the list, I don' t knwo what else to keep. DBS? Nah. UOB and OCBC possible. SPH maybe can consider for 3-5 years span.