us economy hard landing in 2024 US fed will need to have 2 x 50 bp sooon
chartiskao ( Date: 02-Aug-2024 04:53) Posted:
| in preparation for october sharp selloff if FED do not cut rates in sept 2024
https://www.cnbc.com/2024/07/31/stock-market-today-live-updates.html
usdsgd1.3370
gold usd2444.47
https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_yield_curve& field_tdr_date_value=2024
chartiskao ( Date: 01-Aug-2024 21:30) Posted:
https://www.britcham.org.sg/news/eu-and-singapore-finalise-digital-trade-agreement
https://www.mfa.gov.sg/Newsroom/Press-Statements-Transcripts-and-Photos/2024/07/20240731-Blinken-visit
https://www.investing.com/currencies/usd-sgd
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in preparation for october sharp selloff if FED do not cut rates in sept 2024
https://www.cnbc.com/2024/07/31/stock-market-today-live-updates.html
usdsgd1.3370
gold usd2444.47
https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_yield_curve& field_tdr_date_value=2024
chartiskao ( Date: 01-Aug-2024 21:30) Posted:
https://www.britcham.org.sg/news/eu-and-singapore-finalise-digital-trade-agreement
https://www.mfa.gov.sg/Newsroom/Press-Statements-Transcripts-and-Photos/2024/07/20240731-Blinken-visit
https://www.investing.com/currencies/usd-sgd
chartiskao ( Date: 30-Jul-2024 16:59) Posted:
| how the july global stock selloff affect sg share valuation before NDP 2024 |
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https://www.britcham.org.sg/news/eu-and-singapore-finalise-digital-trade-agreement
https://www.mfa.gov.sg/Newsroom/Press-Statements-Transcripts-and-Photos/2024/07/20240731-Blinken-visit
https://www.investing.com/currencies/usd-sgd
chartiskao ( Date: 30-Jul-2024 16:59) Posted:
how the july global stock selloff affect sg share valuation before NDP 2024?
chartiskao ( Date: 30-Jul-2024 16:57) Posted:
Understanding Limited Partners (LPs) and Their Liquidity Path
Limited Partners (LPs) are crucial players in private equity, venture capital, and other investment funds. They provide the bulk of the capital but have limited involvement in the management of the fund. Understanding the liquidity path for LPs is essential for both investors and fund managers.
Who Are Limited Partners (LPs)?
- Pension Funds:
- Description: Large pools of capital managed on behalf of retirees.
- Role: Provide substantial, long-term capital.
- Objective: Achieve stable, long-term returns to meet future liabilities.
- Institutional Accounts:
- Description: Managed accounts for entities such as endowments, foundations, and insurance companies.
- Role: Contribute significant capital and seek diversified investments.
- Objective: Balance risk and return to meet specific financial goals.
- Wealthy Individuals:
- Description: High-net-worth individuals or family offices.
- Role: Invest personal wealth into private equity or venture capital funds.
- Objective: Seek higher returns through alternative investments.
Liquidity Road for LPs
The liquidity path for LPs in private equity or venture capital funds typically involves a long-term commitment, often spanning 7-10 years or more. Here' s a general overview of the process:
- Commitment Period:
- Capital Commitment: LPs agree to invest a specific amount over the fund&rsquo s life.
- Drawdown/Call Period: Capital is called by the fund manager (GP) as investment opportunities arise.
- Investment Period:
- Duration: Usually the first 3-5 years.
- Activity: GPs invest the called capital into portfolio companies.
- Liquidity: Limited, as investments are illiquid private equity or venture capital positions.
- Harvesting Period:
- Duration: Typically the remaining years of the fund' s life.
- Activity: GPs work on growing and eventually exiting portfolio companies.
- Liquidity Events: Occur through sales, mergers, IPOs, or other exit strategies.
- Distribution:
- Capital Return: Proceeds from exits are distributed to LPs.
- Timing: Distributions can be irregular, based on the timing of exits.
- Secondary Market:
- Selling Stakes: LPs may sell their interests in the fund on the secondary market for liquidity.
- Liquidity Options: This provides a way for LPs to gain liquidity before the fund' s end.
- Fund Termination:
- End of Life: The fund winds down after all investments are exited and proceeds are distributed.
- Final Distribution: Remaining capital is returned to LPs.
Considerations for LPs
- Illiquidity Risk:
- Nature: Private equity investments are inherently illiquid.
- Planning: LPs must plan their liquidity needs accordingly.
- Return Expectations:
- High Potential: Investments aim for higher returns to compensate for illiquidity and risk.
- Long Horizon: Returns are realized over a long-term period.
- Secondary Market:
- Option for Liquidity: Provides an option to exit investments early.
- Discounted Sales: Often involves selling at a discount to net asset value (NAV).
- Due Diligence:
- GP Selection: Thorough due diligence on fund managers is crucial.
- Fund Strategy: Understanding the fund' s strategy, timeline, and exit plans.
Conclusion
Limited Partners (LPs) play a vital role in the private equity and venture capital ecosystem. Understanding the liquidity path and managing expectations around liquidity events is crucial for LPs. While private equity investments offer the potential for high returns, they come with illiquidity and long-term commitments that require careful planning and consideration.
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how the july global stock selloff affect sg share valuation before NDP 2024?
chartiskao ( Date: 30-Jul-2024 16:57) Posted:
Understanding Limited Partners (LPs) and Their Liquidity Path
Limited Partners (LPs) are crucial players in private equity, venture capital, and other investment funds. They provide the bulk of the capital but have limited involvement in the management of the fund. Understanding the liquidity path for LPs is essential for both investors and fund managers.
Who Are Limited Partners (LPs)?
- Pension Funds:
- Description: Large pools of capital managed on behalf of retirees.
- Role: Provide substantial, long-term capital.
- Objective: Achieve stable, long-term returns to meet future liabilities.
- Institutional Accounts:
- Description: Managed accounts for entities such as endowments, foundations, and insurance companies.
- Role: Contribute significant capital and seek diversified investments.
- Objective: Balance risk and return to meet specific financial goals.
- Wealthy Individuals:
- Description: High-net-worth individuals or family offices.
- Role: Invest personal wealth into private equity or venture capital funds.
- Objective: Seek higher returns through alternative investments.
Liquidity Road for LPs
The liquidity path for LPs in private equity or venture capital funds typically involves a long-term commitment, often spanning 7-10 years or more. Here' s a general overview of the process:
- Commitment Period:
- Capital Commitment: LPs agree to invest a specific amount over the fund&rsquo s life.
- Drawdown/Call Period: Capital is called by the fund manager (GP) as investment opportunities arise.
- Investment Period:
- Duration: Usually the first 3-5 years.
- Activity: GPs invest the called capital into portfolio companies.
- Liquidity: Limited, as investments are illiquid private equity or venture capital positions.
- Harvesting Period:
- Duration: Typically the remaining years of the fund' s life.
- Activity: GPs work on growing and eventually exiting portfolio companies.
- Liquidity Events: Occur through sales, mergers, IPOs, or other exit strategies.
- Distribution:
- Capital Return: Proceeds from exits are distributed to LPs.
- Timing: Distributions can be irregular, based on the timing of exits.
- Secondary Market:
- Selling Stakes: LPs may sell their interests in the fund on the secondary market for liquidity.
- Liquidity Options: This provides a way for LPs to gain liquidity before the fund' s end.
- Fund Termination:
- End of Life: The fund winds down after all investments are exited and proceeds are distributed.
- Final Distribution: Remaining capital is returned to LPs.
Considerations for LPs
- Illiquidity Risk:
- Nature: Private equity investments are inherently illiquid.
- Planning: LPs must plan their liquidity needs accordingly.
- Return Expectations:
- High Potential: Investments aim for higher returns to compensate for illiquidity and risk.
- Long Horizon: Returns are realized over a long-term period.
- Secondary Market:
- Option for Liquidity: Provides an option to exit investments early.
- Discounted Sales: Often involves selling at a discount to net asset value (NAV).
- Due Diligence:
- GP Selection: Thorough due diligence on fund managers is crucial.
- Fund Strategy: Understanding the fund' s strategy, timeline, and exit plans.
Conclusion
Limited Partners (LPs) play a vital role in the private equity and venture capital ecosystem. Understanding the liquidity path and managing expectations around liquidity events is crucial for LPs. While private equity investments offer the potential for high returns, they come with illiquidity and long-term commitments that require careful planning and consideration.
chartiskao ( Date: 30-Jul-2024 16:54) Posted:
equity markets at lower level-lack of lquidity globally after fed 12x rate hikes
https://www.moodys.com/web/en/us/insights/balance-sheet-management/liquidity-risk-management-is-a-game-changer.htm |
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equity markets at lower level-lack of lquidity globally after fed 12x rate hikes
https://www.moodys.com/web/en/us/insights/balance-sheet-management/liquidity-risk-management-is-a-game-changer.html
chartiskao ( Date: 30-Jul-2024 16:46) Posted:
https://www.aseanbriefing.com/news/unleashing-nickels-potential-indonesias-journey-to-global-prominence/
cowabunga ( Date: 11-Jul-2024 09:53) Posted:
| Dun kancheong. No need to post so many times the same thing. |
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https://www.aseanbriefing.com/news/unleashing-nickels-potential-indonesias-journey-to-global-prominence/
cowabunga ( Date: 11-Jul-2024 09:53) Posted:
| Dun kancheong. No need to post so many times the same thing. |
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Vale SA. Indonesia accounts for 51% of global production, with the largest producers being Indonesia, the Philippines, Russia and New Caledonia. Leading producers of nickel in Indonesia are Vale, Sumitomo Metal Mining, PT ANTAM (Persero) and Eramet.
https://www.cnbc.com/video/2024/07/29/how-the-ev-boom-led-chinese-companies-to-take-over-indonesias-nickel.html
cowabunga ( Date: 11-Jul-2024 09:53) Posted:
| Dun kancheong. No need to post so many times the same thing. |
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buying sg bank shares after aug 2024 dividend vie
https://www.moomoo.com/sg/broker-about/pricing?global_content=%7B%22promote_id%22%3A1010,%22sub_promote_id%22%3A238%7D
chartiskao ( Date: 11-Jul-2024 04:59) Posted:
https://www.marketwatch.com/investing/fund/xlk
USD/SGD - US Dollar Singapore Dollar
1.3489
-0.0016(-0.12%)
https://www.channelnewsasia.com/business/sp-500s-tech-dominance-sparks-calls-portfolio-diversification-4468406
https://www.marketwatch.com/investing/index/vix
chartiskao ( Date: 01-Jul-2024 05:34) Posted:
| https://www.youtube.com/watch?v=B4jIyufgy- |
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https://www.marketwatch.com/investing/fund/xlk
USD/SGD - US Dollar Singapore Dollar
1.3489
-0.0016(-0.12%)
https://www.channelnewsasia.com/business/sp-500s-tech-dominance-sparks-calls-portfolio-diversification-4468406
https://www.marketwatch.com/investing/index/vix
chartiskao ( Date: 01-Jul-2024 05:34) Posted:
https://www.youtube.com/watch?v=B4jIyufgy-s
chartiskao ( Date: 30-Jun-2024 09:48) Posted:
A well-structured investment strategy typically involves careful consideration of one' s financial goals, risk tolerance, and investment horizon. Here&rsquo s a general framework for allocating funds across short-term, mid-term, and long-term buckets:
- Short-Term Liquidity Bucket (0-3 years):
- Purpose: Covering immediate expenses, emergency funds, and short-term goals.
- Instruments: Cash management funds, high-yield savings accounts, money market funds, short-term bonds.
- Allocation: 10-20% of the portfolio, depending on individual liquidity needs and risk tolerance.
- Mid-Term Bucket (3-7 years):
- Purpose: Funding medium-term goals such as a down payment on a house, education expenses, or significant life events.
- Instruments: Fixed income funds, intermediate-term bonds, balanced mutual funds, conservative mixed asset funds.
- Allocation: 20-40% of the portfolio, balancing stability and moderate growth.
- Long-Term Bucket (7+ years):
- Purpose: Building wealth for retirement, long-term growth, and legacy planning.
- Instruments: Equity-heavy investments such as stocks, equity mutual funds, index funds, and ETFs, with a focus on sectors or industries like bank stocks if preferred.
- Allocation: 40-70% of the portfolio, aiming for higher growth and accepting higher volatility.
Rebalancing Strategy
- Frequency: Review and rebalance the portfolio at least annually, or more frequently if there are significant changes in financial goals or market conditions.
- Process: Adjust allocations to maintain the desired balance between buckets, selling over-performing assets and buying under-performing ones to return to target allocations.
Personalization Factors
- Risk Tolerance: Adjust the percentage allocations based on your comfort with risk. More conservative investors may prefer a higher allocation to fixed income, while more aggressive investors may lean towards equities.
- Age and Time Horizon: Younger investors with a longer time horizon can afford more risk and may allocate more to the long-term bucket. Older investors nearing retirement may shift more towards short-term and mid-term buckets for stability.
This framework provides a starting point, but individual circumstances and preferences will ultimately dictate the best allocation strategy for you.
i invest cash across three main " buckets" a short term liquidity bucket concentrated on cash management funds, a mid term bucket with fixed income funds and a longer term bucket that comprises an equity heavy bank stocks
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https://www.youtube.com/watch?v=B4jIyufgy-s
chartiskao ( Date: 30-Jun-2024 09:48) Posted:
A well-structured investment strategy typically involves careful consideration of one' s financial goals, risk tolerance, and investment horizon. Here&rsquo s a general framework for allocating funds across short-term, mid-term, and long-term buckets:
- Short-Term Liquidity Bucket (0-3 years):
- Purpose: Covering immediate expenses, emergency funds, and short-term goals.
- Instruments: Cash management funds, high-yield savings accounts, money market funds, short-term bonds.
- Allocation: 10-20% of the portfolio, depending on individual liquidity needs and risk tolerance.
- Mid-Term Bucket (3-7 years):
- Purpose: Funding medium-term goals such as a down payment on a house, education expenses, or significant life events.
- Instruments: Fixed income funds, intermediate-term bonds, balanced mutual funds, conservative mixed asset funds.
- Allocation: 20-40% of the portfolio, balancing stability and moderate growth.
- Long-Term Bucket (7+ years):
- Purpose: Building wealth for retirement, long-term growth, and legacy planning.
- Instruments: Equity-heavy investments such as stocks, equity mutual funds, index funds, and ETFs, with a focus on sectors or industries like bank stocks if preferred.
- Allocation: 40-70% of the portfolio, aiming for higher growth and accepting higher volatility.
Rebalancing Strategy
- Frequency: Review and rebalance the portfolio at least annually, or more frequently if there are significant changes in financial goals or market conditions.
- Process: Adjust allocations to maintain the desired balance between buckets, selling over-performing assets and buying under-performing ones to return to target allocations.
Personalization Factors
- Risk Tolerance: Adjust the percentage allocations based on your comfort with risk. More conservative investors may prefer a higher allocation to fixed income, while more aggressive investors may lean towards equities.
- Age and Time Horizon: Younger investors with a longer time horizon can afford more risk and may allocate more to the long-term bucket. Older investors nearing retirement may shift more towards short-term and mid-term buckets for stability.
This framework provides a starting point, but individual circumstances and preferences will ultimately dictate the best allocation strategy for you.
i invest cash across three main " buckets" a short term liquidity bucket concentrated on cash management funds, a mid term bucket with fixed income funds and a longer term bucket that comprises an equity heavy bank stocks
chartiskao ( Date: 30-Jun-2024 09:43) Posted:
Absolutely, major life events can significantly impact your financial situation and goals, making it essential to revisit your investment plan. Here are some major life events that often warrant a review of your investment strategy:
- Marriage or Partnership: Combining finances with a partner can affect your risk tolerance, goals, and overall financial strategy.
- Having Children: Planning for education costs, increased living expenses, and potential changes in income.
- Buying a Home: Adjusting for mortgage payments, property taxes, and maintenance costs.
- Career Changes: Changes in income, benefits, or job stability can affect your investment strategy.
- Health Issues: Adjusting for potential medical expenses and changes in earning capacity.
- Inheritance or Windfall: Deciding how to allocate unexpected wealth to align with your long-term goals.
- Divorce: Reassessing your financial situation and investment strategy after a separation.
- Retirement: Shifting from accumulation to preservation and income generation in your portfolio.
Revisiting your investment plan during these times ensures that it remains aligned with your current situation and future goals.
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Absolutely, major life events can significantly impact your financial situation and goals, making it essential to revisit your investment plan. Here are some major life events that often warrant a review of your investment strategy:
- Marriage or Partnership: Combining finances with a partner can affect your risk tolerance, goals, and overall financial strategy.
- Having Children: Planning for education costs, increased living expenses, and potential changes in income.
- Buying a Home: Adjusting for mortgage payments, property taxes, and maintenance costs.
- Career Changes: Changes in income, benefits, or job stability can affect your investment strategy.
- Health Issues: Adjusting for potential medical expenses and changes in earning capacity.
- Inheritance or Windfall: Deciding how to allocate unexpected wealth to align with your long-term goals.
- Divorce: Reassessing your financial situation and investment strategy after a separation.
- Retirement: Shifting from accumulation to preservation and income generation in your portfolio.
Revisiting your investment plan during these times ensures that it remains aligned with your current situation and future goals.
chartiskao ( Date: 30-Jun-2024 09:39) Posted:
Avoiding " fad" stocks and focusing on more stable and well-researched investment opportunities can help protect your financial future
Avoiding " fad" stocks requires a disciplined and informed approach to investing. Here are some strategies to help you steer clear of these potentially risky investments:
- Do Your Own Research:
- Understand the Business: Invest in companies with a solid business model, strong financials, and a competitive advantage.
- Read Financial Statements: Look at the company&rsquo s income statement, balance sheet, and cash flow statement to assess its financial health.
- Evaluate the Management: Research the company' s leadership team and their track record.
- Focus on Fundamentals:
- Earnings and Revenue Growth: Invest in companies with consistent earnings and revenue growth.
- Valuation Metrics: Use metrics like the Price-to-Earnings (P/E) ratio, Price-to-Book (P/B) ratio, and Price-to-Earnings Growth (PEG) ratio to determine if a stock is fairly valued.
- Debt Levels: Consider companies with manageable debt levels relative to their equity.
- Diversify Your Portfolio:
- Spread your investments across different sectors, industries, and asset classes to mitigate risk.
- Long-Term Perspective:
- Invest with a long-term horizon in mind. Avoid short-term trading based on market hype or trends.
- Choose companies you believe will perform well over the next five to ten years, not just the next few months.
- Avoid Herd Mentality:
- Be cautious of stocks that are heavily promoted by the media, analysts, or friends without solid justification.
- Just because a stock is popular doesn' t mean it' s a good investment. Make decisions based on your own analysis.
- Consult Trusted Sources:
- Rely on reputable sources for your information. Consider insights from well-regarded financial analysts, industry reports, and investor literature.
- Be skeptical of tips from friends or social media without proper backing.
- Stay Informed:
- Keep up with market news, economic indicators, and industry trends that might affect your investments.
- Regularly review your portfolio and make adjustments based on new information.
- Invest in What You Know:
- Focus on industries and companies you understand. This helps you make more informed decisions and spot potential red flags.
By adhering to these strategies, you can reduce the likelihood of falling for " fad" stocks and build a more robust and reliable investment portfolio.
Joelton ( Date: 07-Jun-2024 17:21) Posted:
OCBC and UOB in active buybacks largest shareholder of Oceanus raises stake
All three local banks, buoyed by higher-for-longer rates, have reported record earnings, and to reflect this, their share prices are trading at or near record levels as well.
DBS Group Holdings leads the pack with its market cap of more than $100 billion while Oversea-Chinese Banking Corp (OCBC) and United Overseas Bank (UOB) are significantly behind, with their market caps at $65 billion and $52 billion respectively.
Besides the differences in market cap, UOB and OCBC differ from DBS in another aspect: Despite what some might believe are lofty share prices, they are actively buying back their own shares.
For OCBC, the most recent buyback was on June 5 when it acquired 375,000 shares on the open market at $14.34 each. This brings the total number of shares bought back under the current mandate to nearly 4.1 million shares, equivalent to 0.074% of the total share base. Under the previous mandate, the bank bought back a total of 14.8 million shares, equivalent to 0.091% of the total base.
For UOB, the most recent buyback was also on June 5 when it acquired 28,000 shares on the open market at be tween $30.67 and $30.84 each. Under the cur rent mandate, it has bought back 560,000 shares so far, equivalent to 0.0334% of the total share base. Under its previous mandate, a total of 5.1 million shares were bought back.
According to Bloomberg data, out of the 15 analysts who actively cover OCBC, eight of them rated this stock &ldquo buy&rdquo or equivalent, versus seven with a &ldquo hold&rdquo or similar call. Their target prices ranged from as low as $13.78 in the case of Nick Lord from Morgan Stanley to as high as $18.10 by UOB Kay Hian&rsquo s Jonathan Koh.
For UOB, of the 15 calls, there are 10 &ldquo buys&rdquo or equivalent, with the remaining at &ldquo hold&rdquo or similar. The most bearish was Harsh Wardhan Modi of JPMorgan, with his $30 target price, while the most optimistic was CLSA&rsquo s Neel Sinha whose target price is $39.70.
Largest shareholder raises Oceanus stake
Alacrity Investment Group, the largest shareholder of Oceanus Group , has further raised its stake recently. On May 30, it acquired 30 million shares for a total of $300,000 from the open market, which works out to 1 cent each. The following day, it acquired another 25 million shares for $265,000 or 1.06 cents each. Following these two transactions, Alacrity now owns 4.43 billion shares or 17.25% of the company.
Alacrity has two directors: Bryan Tan Jie and Cleveland Cuaca, who sits on Oceanus&rsquo board as a non-executive non-independent director too.
Under CEO Peter Koh, Oceanus has restructured itself from a loss-making abalone farmer to a regional distributor of foodstuffs and other consumer products. Season Global, its key operating subsidiary in China, has an extensive network within China.
On May 29, Oceanus signed an investment intention agreement worth some RMB200 million ($38.1 million) with partners from Shaoxing, a town in China renowned for its ancient heritage of producing yellow wine or huangjiu.
Under the terms of the agreement, signed with the Shaoxing Huangjiu Town (Dongpu) Development and Construction Management Committee, the local partner will tap on Oceanus to import a wide range of alcohol and use Shaoxing as a key distribution node. In addition, Oceanus will also help Shaoxing export and market its range of local yellow wine. Via this partnership, the local partner will import alcohol distributed by Oceanus, and also provide access to logistics and other services.
Peter Koh, Oceanus&rsquo group CEO says the company&rsquo s extensive distribution network is recognised by many local governments and provinces in China. &ldquo We are often approached by various municipalities to support cross-border trades,&rdquo he says.
|
|
|
|
Avoiding " fad" stocks and focusing on more stable and well-researched investment opportunities can help protect your financial future
Avoiding " fad" stocks requires a disciplined and informed approach to investing. Here are some strategies to help you steer clear of these potentially risky investments:
- Do Your Own Research:
- Understand the Business: Invest in companies with a solid business model, strong financials, and a competitive advantage.
- Read Financial Statements: Look at the company&rsquo s income statement, balance sheet, and cash flow statement to assess its financial health.
- Evaluate the Management: Research the company' s leadership team and their track record.
- Focus on Fundamentals:
- Earnings and Revenue Growth: Invest in companies with consistent earnings and revenue growth.
- Valuation Metrics: Use metrics like the Price-to-Earnings (P/E) ratio, Price-to-Book (P/B) ratio, and Price-to-Earnings Growth (PEG) ratio to determine if a stock is fairly valued.
- Debt Levels: Consider companies with manageable debt levels relative to their equity.
- Diversify Your Portfolio:
- Spread your investments across different sectors, industries, and asset classes to mitigate risk.
- Long-Term Perspective:
- Invest with a long-term horizon in mind. Avoid short-term trading based on market hype or trends.
- Choose companies you believe will perform well over the next five to ten years, not just the next few months.
- Avoid Herd Mentality:
- Be cautious of stocks that are heavily promoted by the media, analysts, or friends without solid justification.
- Just because a stock is popular doesn' t mean it' s a good investment. Make decisions based on your own analysis.
- Consult Trusted Sources:
- Rely on reputable sources for your information. Consider insights from well-regarded financial analysts, industry reports, and investor literature.
- Be skeptical of tips from friends or social media without proper backing.
- Stay Informed:
- Keep up with market news, economic indicators, and industry trends that might affect your investments.
- Regularly review your portfolio and make adjustments based on new information.
- Invest in What You Know:
- Focus on industries and companies you understand. This helps you make more informed decisions and spot potential red flags.
By adhering to these strategies, you can reduce the likelihood of falling for " fad" stocks and build a more robust and reliable investment portfolio.
Joelton ( Date: 07-Jun-2024 17:21) Posted:
OCBC and UOB in active buybacks largest shareholder of Oceanus raises stake
All three local banks, buoyed by higher-for-longer rates, have reported record earnings, and to reflect this, their share prices are trading at or near record levels as well.
DBS Group Holdings leads the pack with its market cap of more than $100 billion while Oversea-Chinese Banking Corp (OCBC) and United Overseas Bank (UOB) are significantly behind, with their market caps at $65 billion and $52 billion respectively.
Besides the differences in market cap, UOB and OCBC differ from DBS in another aspect: Despite what some might believe are lofty share prices, they are actively buying back their own shares.
For OCBC, the most recent buyback was on June 5 when it acquired 375,000 shares on the open market at $14.34 each. This brings the total number of shares bought back under the current mandate to nearly 4.1 million shares, equivalent to 0.074% of the total share base. Under the previous mandate, the bank bought back a total of 14.8 million shares, equivalent to 0.091% of the total base.
For UOB, the most recent buyback was also on June 5 when it acquired 28,000 shares on the open market at be tween $30.67 and $30.84 each. Under the cur rent mandate, it has bought back 560,000 shares so far, equivalent to 0.0334% of the total share base. Under its previous mandate, a total of 5.1 million shares were bought back.
According to Bloomberg data, out of the 15 analysts who actively cover OCBC, eight of them rated this stock &ldquo buy&rdquo or equivalent, versus seven with a &ldquo hold&rdquo or similar call. Their target prices ranged from as low as $13.78 in the case of Nick Lord from Morgan Stanley to as high as $18.10 by UOB Kay Hian&rsquo s Jonathan Koh.
For UOB, of the 15 calls, there are 10 &ldquo buys&rdquo or equivalent, with the remaining at &ldquo hold&rdquo or similar. The most bearish was Harsh Wardhan Modi of JPMorgan, with his $30 target price, while the most optimistic was CLSA&rsquo s Neel Sinha whose target price is $39.70.
Largest shareholder raises Oceanus stake
Alacrity Investment Group, the largest shareholder of Oceanus Group , has further raised its stake recently. On May 30, it acquired 30 million shares for a total of $300,000 from the open market, which works out to 1 cent each. The following day, it acquired another 25 million shares for $265,000 or 1.06 cents each. Following these two transactions, Alacrity now owns 4.43 billion shares or 17.25% of the company.
Alacrity has two directors: Bryan Tan Jie and Cleveland Cuaca, who sits on Oceanus&rsquo board as a non-executive non-independent director too.
Under CEO Peter Koh, Oceanus has restructured itself from a loss-making abalone farmer to a regional distributor of foodstuffs and other consumer products. Season Global, its key operating subsidiary in China, has an extensive network within China.
On May 29, Oceanus signed an investment intention agreement worth some RMB200 million ($38.1 million) with partners from Shaoxing, a town in China renowned for its ancient heritage of producing yellow wine or huangjiu.
Under the terms of the agreement, signed with the Shaoxing Huangjiu Town (Dongpu) Development and Construction Management Committee, the local partner will tap on Oceanus to import a wide range of alcohol and use Shaoxing as a key distribution node. In addition, Oceanus will also help Shaoxing export and market its range of local yellow wine. Via this partnership, the local partner will import alcohol distributed by Oceanus, and also provide access to logistics and other services.
Peter Koh, Oceanus&rsquo group CEO says the company&rsquo s extensive distribution network is recognised by many local governments and provinces in China. &ldquo We are often approached by various municipalities to support cross-border trades,&rdquo he says.
|
|
OCBC and UOB in active buybacks largest shareholder of Oceanus raises stake
All three local banks, buoyed by higher-for-longer rates, have reported record earnings, and to reflect this, their share prices are trading at or near record levels as well.
DBS Group Holdings leads the pack with its market cap of more than $100 billion while Oversea-Chinese Banking Corp (OCBC) and United Overseas Bank (UOB) are significantly behind, with their market caps at $65 billion and $52 billion respectively.
Besides the differences in market cap, UOB and OCBC differ from DBS in another aspect: Despite what some might believe are lofty share prices, they are actively buying back their own shares.
For OCBC, the most recent buyback was on June 5 when it acquired 375,000 shares on the open market at $14.34 each. This brings the total number of shares bought back under the current mandate to nearly 4.1 million shares, equivalent to 0.074% of the total share base. Under the previous mandate, the bank bought back a total of 14.8 million shares, equivalent to 0.091% of the total base.
For UOB, the most recent buyback was also on June 5 when it acquired 28,000 shares on the open market at be tween $30.67 and $30.84 each. Under the cur rent mandate, it has bought back 560,000 shares so far, equivalent to 0.0334% of the total share base. Under its previous mandate, a total of 5.1 million shares were bought back.
According to Bloomberg data, out of the 15 analysts who actively cover OCBC, eight of them rated this stock &ldquo buy&rdquo or equivalent, versus seven with a &ldquo hold&rdquo or similar call. Their target prices ranged from as low as $13.78 in the case of Nick Lord from Morgan Stanley to as high as $18.10 by UOB Kay Hian&rsquo s Jonathan Koh.
For UOB, of the 15 calls, there are 10 &ldquo buys&rdquo or equivalent, with the remaining at &ldquo hold&rdquo or similar. The most bearish was Harsh Wardhan Modi of JPMorgan, with his $30 target price, while the most optimistic was CLSA&rsquo s Neel Sinha whose target price is $39.70.
Largest shareholder raises Oceanus stake
Alacrity Investment Group, the largest shareholder of Oceanus Group , has further raised its stake recently. On May 30, it acquired 30 million shares for a total of $300,000 from the open market, which works out to 1 cent each. The following day, it acquired another 25 million shares for $265,000 or 1.06 cents each. Following these two transactions, Alacrity now owns 4.43 billion shares or 17.25% of the company.
Alacrity has two directors: Bryan Tan Jie and Cleveland Cuaca, who sits on Oceanus&rsquo board as a non-executive non-independent director too.
Under CEO Peter Koh, Oceanus has restructured itself from a loss-making abalone farmer to a regional distributor of foodstuffs and other consumer products. Season Global, its key operating subsidiary in China, has an extensive network within China.
On May 29, Oceanus signed an investment intention agreement worth some RMB200 million ($38.1 million) with partners from Shaoxing, a town in China renowned for its ancient heritage of producing yellow wine or huangjiu.
Under the terms of the agreement, signed with the Shaoxing Huangjiu Town (Dongpu) Development and Construction Management Committee, the local partner will tap on Oceanus to import a wide range of alcohol and use Shaoxing as a key distribution node. In addition, Oceanus will also help Shaoxing export and market its range of local yellow wine. Via this partnership, the local partner will import alcohol distributed by Oceanus, and also provide access to logistics and other services.
Peter Koh, Oceanus&rsquo group CEO says the company&rsquo s extensive distribution network is recognised by many local governments and provinces in China. &ldquo We are often approached by various municipalities to support cross-border trades,&rdquo he says.
https://www.mas.gov.sg/bonds-and-bills/singapore-government-t-bills-information-for-individuals
https://www.youtube.com/watch?v=ttEsgwo-g38
chartiskao ( Date: 06-Jun-2024 16:16) Posted:
will china be shame again liked in the manchu era?
https://www.youtube.com/watch?v=FL2gBUxblO8& t=277s
chartiskao ( Date: 06-Jun-2024 16:09) Posted:
https://www.youtube.com/watch?v=M1IRnotpiU4& t=817s
https://goldprice.org/live-gold-price.html
usdsgd 1.3479
we are in a new world of opportunity???
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will china be shame again liked in the manchu era?
https://www.youtube.com/watch?v=FL2gBUxblO8& t=277s
chartiskao ( Date: 06-Jun-2024 16:09) Posted:
https://www.youtube.com/watch?v=M1IRnotpiU4& t=817s
https://goldprice.org/live-gold-price.html
usdsgd 1.3479
we are in a new world of opportunity???
chartiskao ( Date: 30-May-2024 17:16) Posted:
https://www.pinterest.com/pin/294563631882688213/
https://www.straitstimes.com/business/companies-markets/sell-sell-sell-from-opening-bell-singapore-market-carnage-as-sti-plunges
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https://www.youtube.com/watch?v=M1IRnotpiU4& t=817s
https://goldprice.org/live-gold-price.html
usdsgd 1.3479
we are in a new world of opportunity???
chartiskao ( Date: 30-May-2024 17:16) Posted:
https://www.pinterest.com/pin/294563631882688213/
https://www.straitstimes.com/business/companies-markets/sell-sell-sell-from-opening-bell-singapore-market-carnage-as-sti-plunges
MrBear12 ( Date: 24-May-2024 08:06) Posted:
| I am starting to feel the fear now? ? wee wee in my pants. |
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https://www.pinterest.com/pin/294563631882688213/
https://www.straitstimes.com/business/companies-markets/sell-sell-sell-from-opening-bell-singapore-market-carnage-as-sti-plunges
MrBear12 ( Date: 24-May-2024 08:06) Posted:
I am starting to feel the fear now? ? wee wee in my pants.
chartiskao ( Date: 24-May-2024 08:04) Posted:
https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp
May witnessed a significant selloff in global stock markets, driven by a confluence of factors that spooked investors and led to widespread risk aversion. Understanding these drivers is crucial for investors to navigate the volatile landscape and anticipate potential future market movements.
Key Factors Behind the Selloff:
- Federal Reserve Policy Uncertainty:
- Rate Hike Concerns: Investors were jittery about the Federal Reserve' s stance on interest rates. Speculation around further rate hikes or delayed rate cuts contributed to market volatility.
- Inflation Worries: Persistent inflation concerns fueled expectations that the Fed might continue tightening monetary policy, adversely impacting market sentiment.
- Geopolitical Tensions:
- Middle East Escalation: Escalating tensions in the Middle East, including conflicts involving key regional players, heightened global uncertainty. Such geopolitical risks often lead to a flight to safety, with investors moving out of equities into safe-haven assets like gold and government bonds.
- Economic Data and Growth Concerns:
- Mixed Economic Signals: Divergent economic data, such as strong employment numbers juxtaposed with weaker retail sales or industrial output, created uncertainty about the health of the global economy.
- Recession Fears: Lingering fears of a potential global recession, exacerbated by slowing growth in major economies like China and Europe, further dampened investor confidence.
- Corporate Earnings and Outlook:
- Earnings Disappointments: Disappointing earnings reports from major corporations, along with cautious forward guidance, raised concerns about the sustainability of corporate profits in a slowing economic environment.
- Sector-Specific Weaknesses: Certain sectors, particularly technology and consumer discretionary, faced significant headwinds, contributing to broader market declines.
- Banking Sector Turmoil:
- Financial Stability Concerns: Issues within the banking sector, such as high-profile defaults or liquidity crises, sparked fears of broader financial instability. Investors often react to such news by selling off shares, especially in financial stocks, leading to broader market declines.
- Technical Factors and Market Sentiment:
- Profit-Taking: After significant gains in previous months, investors engaged in profit-taking, selling off stocks to lock in gains amid rising uncertainty.
- Bearish Sentiment: Market sentiment turned decidedly bearish, with increasing volatility and downward momentum creating a feedback loop that intensified the selloff.
Implications for Investors:
- Portfolio Rebalancing:
- Diversification: Investors should consider diversifying their portfolios to mitigate risk, including allocating assets to defensive sectors, bonds, and other safe-haven investments.
- Risk Management: Employing hedging strategies, such as options and futures, can help manage downside risk during periods of heightened volatility.
- Opportunities in Market Downturns:
- Value Hunting: Market selloffs can present opportunities to buy high-quality stocks at discounted prices. Investors should look for fundamentally strong companies with robust balance sheets and sustainable growth prospects.
- Long-Term Perspective: Maintaining a long-term investment horizon can help investors weather short-term volatility and capitalize on the eventual market recovery.
- Monitoring Economic Indicators:
- Stay Informed: Keeping a close watch on key economic indicators, central bank policies, and geopolitical developments can help investors make informed decisions.
- Adaptive Strategies: Being prepared to adjust investment strategies in response to changing market conditions is crucial for navigating uncertain environments.
Conclusion:
The global stock selloff in May was driven by a complex interplay of factors including Federal Reserve policy uncertainty, geopolitical tensions, economic data concerns, corporate earnings disappointments, and banking sector issues. For investors, maintaining a diversified portfolio, employing risk management strategies, and staying informed about market developments are essential steps to navigate the current volatility and position for long-term success. |
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