UOB    Last:38.16    +0.1

UOB

Wah Free money then why work so hard  ????

 

UOB so damn smart, borrowing 500 Eur at 0.25% Covered bond was 2.6x oversubscribed.

Currency risk was also hedged

This is almost free money

Can raised up to abt USD 7.5 bil more.

Many banks will now follow UOB' smart move

http://infopub.sgx.com/FileOpen/UOB%20Eur500m%20Covered%20Bonds%20Press%20Release.ashx?App=Announcement& FileID=392533

http://infopub.sgx.com/FileOpen/UOB%20Global%20Covered%20Bond%20Programme%20-%20Investor%20Presentation.ashx?App=Announcement& FileID=389688

They will next borrow in Yen at 0%....

 

 

 

Recession coming, take care and save ur ammo for rich picking later in 4q

 

Relief rally is over the real sell down is here 

 

All banks...kenna.

investshare      ( Date: 25-Feb-2016 14:16) Posted: As expected, continue to drop as no growth prospect. Siwomp      ( Date: 24-Feb-2016 18:02) Posted: Who say no GC, just that their exposure is half of OCBC's. Knowing UOB style., their lesser exposure could mean that they deem the risk reward ratio not good lor.... imho...dyodd. Maybe they hoot when GC hit deep bottom

 

Looks like it may yrend lower towards $16.00

spore1      ( Date: 27-Jan-2016 22:34) Posted: UOB after a good technical rebound on 22 & 25 Jan it has more or less given up all the gain and trend lower to close at $17.44. Short term is rather bearish. It may continue to head further South. http://sporeshare.blog   spot.sg/2016/01/uob.html

 

 

As predicted below 17! Next stop16.5 short till song China tank 7 percent today

 

 

As expected, continue to drop as no growth prospect.

Siwomp      ( Date: 24-Feb-2016 18:02) Posted: Who say no GC, just that their exposure is half of OCBC's. Knowing UOB style., their lesser exposure could mean that they deem the risk reward ratio not good lor.... imho...dyodd. Maybe they hoot when GC hit deep bottom? investshare      ( Date: 24-Feb-2016 10:49) Posted: no GC mean no growth mean share price drop.

 

MAS dismisses talk of Singapore banking crisis
2016-02-25 00:30:58.646 GMT


By Kelly Tay
    Feb. 25 (Business Times) -- Singapore
    SINGAPORE' S banking system remains well-capitalised and
diversified, said the Monetary Authority of Singapore (MAS) on
Wednesday, dismissing market talk of a banking crisis building
up.
    MAS deputy managing director Jacqueline Loh said: " Local
banks' capital adequacy positions are well above regulatory
minimums, and liquidity positions are strong.
    " I would also add that the overall asset quality of loans in
the banking system remains healthy, despite NPLs (non-performing
loans) having picked up in recent quarters."
    She noted that NPL ratios remained at under 2 per cent as at
end-December 2015, and that classified loans arising from the
commodities sector continued to be " manageable" .
    " Banks have importantly enhanced their monitoring of
commodity prices and exposures to better manage their asset
quality."
    She noted that MAS conducts regular industrywide stress
tests, with the 2015 exercise indicating that Singapore' s banking
system " remains resilient to a range of adverse outcomes that we
use in our stress tests" .
    Her remarks come on the back of fears that a banking
meltdown could take place - a perception that all three local
banks have been fighting hard to debunk.
    DBS chief executive Piyush Gupta said this week: " The
charitable view is that people are misinformed. The less
charitable view is that people have an axe to grind."
    The quarterly Economic Survey of Singapore report by the
Ministry of Trade and Industry (MTI), released on Wednesday, said
that the finance & insurance sector grew by 2.4 per cent year on
year in the fourth quarter - down from the 4.6 per cent expansion
in the previous quarter.
    Ms Loh said that the sector' s more muted performance
reflected, at least in part, concerns over slowing growth in the
region and the sustainability of corporate debt levels amid
rising interest rates. " Notably, offshore non-bank lending fell
by 5.9 per cent year on year in the fourth quarter, with credit
extended to East Asia registering the largest decline."
    For the year as a whole, the finance & insurance sector
expanded by 5.3 per cent. While this was slower than 2014' s 9.1
per cent growth, she stressed that the sector' s 2015 expansion
outpaced the rest of the economy.
    " From time to time, heightened bouts of volatility can
impact the more sentiment-sensitive sectors such as fund
management, but the structural factors (such as the rise of
wealth in the region), we think, will continue to keep these
sectors well supported."
 

 

 

$17    broken down  \/

 

 

These stupid shortists n panickie fools ... go to the extent of helping  the botak become even richer.  Friends, he already super rich liao, don' t need ur help one. 

vivivava      ( Date: 25-Feb-2016 09:45) Posted: Mr Wee (old fox) bgt more stocks at 17.28

 

Mr Wee (old fox) bgt more stocks at 17.28

 

If you believe that, then you should short big.

whysoserious      ( Date: 24-Feb-2016 20:57) Posted: Be afraid be very afraid 16 will be for sure tomorrow and by the end of next week we maybe knocking on 15

 

No $20 no sell

 

Be afraid be very afraid 16 will be for sure tomorrow and by the end of next week we maybe knocking on 15

 

today really dropped a lot.

 

I remember UOB had thw last laugh in the OUB m&a incidents....

Siwomp      ( Date: 24-Feb-2016 18:02) Posted: Who say no GC, just that their exposure is half of OCBC's. Knowing UOB style., their lesser exposure could mean that they deem the risk reward ratio not good lor.... imho...dyodd. Maybe they hoot when GC hit deep bottom? investshare      ( Date: 24-Feb-2016 10:49) Posted: no GC mean no growth mean share price drop.

 

Who say no GC, just that their exposure is half of OCBC's. Knowing UOB style., their lesser exposure could mean that they deem the risk reward ratio not good lor.... imho...dyodd. Maybe they hoot when GC hit deep bottom?

investshare      ( Date: 24-Feb-2016 10:49) Posted: no GC mean no growth mean share price drop. investshare      ( Date: 22-Feb-2016 11:53) Posted: as expected, continue to drop as growth prospect is not as good as OCBC and DBS.

 

Lots of funny people ard lol. Wrong use of language at the wrong time

junction      ( Date: 24-Feb-2016 13:49) Posted: Alternative view: No GC means drops less in downtrend. So is the glass half full or half empty? investshare      ( Date: 24-Feb-2016 10:49) Posted: no GC mean no growth mean share price drop.

 

This leg down will bring extreme pain those who rush to buy in the last relief rally will cry