Face north unwillingly further ????
UOB highest is 24.68.
Today closed at 23.32.      In Oct 2014, price crashed to 21.61.  Look back to Feb 2014, price was 18.61.
Chances of going up vs chances of dropping now with Greece tsunami coming?
 
 
UOB also double top also infected ,  why all banks .... ???
below 23  ?????    maybe 22.2      ????
2525......more good years
chinastar ( Date: 03-Dec-2014 06:37) Posted:
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Overbought ?? take profit .
GAp down ???? 22.48  ??
nottibird ( Date: 03-Dec-2014 17:55) Posted:
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When you trade a heavyweight like UOB, you cant do it with a cash account. The com is around 16 bids 2-way. How to trade?
I use a CFD account. A 2-way trip ... 5 bids I can run leow. 16 bids I can nett 11 bids. That' s how you do it. NOT with a cash account.
Plus with CFD, you can short and Ta Pau your positions overnite till it bears fruit.
She closed at 23.97 today.
If she opens at 24.10 or higher tomorrow, I will add shorts.
If she opens below 23.90, I will cover some of my shorts to collect another round of eggs.
UOB is a very volatile high beta counter with very wild price swings. Her wild swing is a bane for BUY & HOLD long term investors.
But an UTTER DELIGHT for short term momentum traders.
I SHORT her at 24.05, 24.06, 24.08 and 24.14.
Covered the 24.14s during pre-closing at 23.97 and collected 253.40 eggs.
 
23.91 : 23.93...
This fellow is sinking...

nottibird ( Date: 03-Dec-2014 14:01) Posted:
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This Botak at current price of 24.13 to 24.18 is good for a short trade.
I call it chicken run.
When she does a pullback to the 23.90s or 23.80s, bravehearts can collect eggs.
 
2411:)
marubozu1688 ( Date: 06-Oct-2014 21:16) Posted:
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UOB outpeform OCBC this year. Can this performance last?
http://mystocksinvesting.com/singapore-stocks/ocbc-bank/hedging-pair-uob-vs-ocbc/
 
United Overseas Bank - Rate cycle beneficiary
Shared By Stock Fanatic on Thursday, September 18, 2014
Potential but delayed benefit in interest rates
UOB is expected to be a beneficiary of the potential turn in interest rates. Historically, its net interest margin (NIM) has also seen a fairly close relationship with the 3 month SIBOR although there appears to be a time lag. This was seen in 2004 to 2006 when the 3MSIBOR rose but was not reflected in UOB&rsquo s NIM until 2008. 
 
We believe the delayed impact of the interbank interest rate on its NIM can be partly attributed to its higher S$ loan-to-deposit ratio (LDR) which would suggest less liquid assets to benefit initially but only later through the rise in lending rates.
Scenario analysis
Performing a scenario analysis using FY15 estimates and assuming an asymmetrical rise in earning (asset yield) rate of 25bp along with a smaller 20bp rise in paying (funding) rate, UOB&rsquo s net interest income could see a 3.2% lift.
 
Technical Analysis
| Daily Chart |
Maintain Buy with new PO
Post the 1H14 results, we have lifted our FY14 net profits by 3% on higher income but offset by higher provision charges. Post the forecast changes, we are raising our price objective to S$26.85 (previous S$25.85) still based on Gordon growth with no change in our assumptions other than a rollover into FY15 book value and a lowering of our sustainable growth rate to 4.5% from 5.0%.
 
We are maintaining our Buy rating on UOB but rank it behind DBS Group in order of preference among the Singapore banks. (Read Report)
 
Published September 17, 2014
 
UOB China to maintain growth over next 5 years
 
UNITED Overseas Bank (China) on Wednesday said it plans to maintain its double-digit growth - on an annual compounded basis - over the next five years.
This comes as it plans to strengthen its cross-border financing offerings as regional businesses link up with China.
Over the last 12 months, UOB has increased its branch network by 30 per cent to 16 branches and sub-branches, it said.
This includes opening its Shanghai (Pilot) Free Trade Zone (FTZ) sub-branch in June 2014.
 
Last:22.94     Vol:1056k    
-0.16
can' t stay above $23.................
http://www.propertyguru.com.sg/property-management-news/2014/9/61935/residential-property-loans-up-7-
ytoh1688 ( Date: 05-Aug-2014 10:20) Posted:
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wow...juicy..selling continues..approaching 22.56 soon
Basically someone trying to get rid of the stock b4 something worse happens.
The buyers are just mostly shortsellers buying back bah. If not, how to reach 22.88?
Kyoto2008 ( Date: 04-Aug-2014 16:52) Posted:
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The way the price falls is simply unbelievable.  Buyers came in but just simply chipped off by the sellers.
I wonder if S& P and Moodys has anything to say about the NPLs.       
ytoh1688 ( Date: 04-Aug-2014 16:39) Posted:
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22.88 reached......
ST has  a full page of UOB history.    It does not address the issues uppermost in shareholders' minds.    How did the NPLs occur and how are they being addressed.
Unlike DBS CEO which came out very specific on risk areas such as their non involvement in the China trade scandals, and their risk appetite for housing loans (first time home owners), etc, UOB has so far not given specific details.  Shareholders deserve a better view of what' s happening in the bank. Are they taking on unnecessary risk? Where are the potholes?    What is reported as facts (not shrouded in ambiguity) are NPLs went up, LD ratio is at 100%.  Where did all the loans go to?   
No wonder the share price is under attack!   
