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2501-2520 of 2610
It' s down 20 plus cents. Estimate 60 cents at least. Fibo retracement indicated $1.50.
More sell down than buy ups.
61 S 39 B now
Hehe, my short counter says it' s 60% sell, 40% buy.
ytoh1688 ( Date: 04-Aug-2014 09:25) Posted:
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See you at 22.88
Estimate it could shed off at least 50cents in short term, going max 1.60 plus. See a lot of selldowns and the buy queues are depleted quickly.
There were large chunks of 100 lots sold last Frid, at least 3 chunks I think.
think valuation very rich...DBS is comparatively a safer bet at this point
Seen them talked about 80mln. NPLs is at 2.3bln or did I see wrongly?
3% vs 97%, I wonder how they got away with this,didn' t someone ask?
Kyoto2008 ( Date: 02-Aug-2014 20:34) Posted:
I read in today' s papers that their Loan to deposit ratio is 100%.
As this ratio has two components, it' s one of them that has deviated. Either Loans went up sky high, or deposits shrunk.
Are they the lowest interest paying bank? That would be DBS coz they have the POSB backing.
LD ratio climbed, and NPLs climbed. tsk, tsk, tsk not a good sign.
UOB has to come up with more disclosures.
Where are the NPLs? Trade? Loans to SMEs? Syndicated loans? Which Geographic region clocked in the NPLs? For what product?
Gupta said they have no dealings with the commodities scandal in China, very specific and I respect that, shareholders need precise information, not ambiguous remarks.
As long as there is ambiguity, analysts are not going to let this carry on. And neither would shareholders.
Putting in a heavy short when market opens on Monday. This one' s going down.
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I read in today' s papers that their Loan to deposit ratio is 100%.
As this ratio has two components, it' s one of them that has deviated. Either Loans went up sky high, or deposits shrunk.
Are they the lowest interest paying bank? That would be DBS coz they have the POSB backing.
LD ratio climbed, and NPLs climbed. tsk, tsk, tsk not a good sign.
UOB has to come up with more disclosures.
Where are the NPLs? Trade? Loans to SMEs? Syndicated loans? Which Geographic region clocked in the NPLs? For what product?
Gupta said they have no dealings with the commodities scandal in China, very specific and I respect that, shareholders need precise information, not ambiguous remarks.
As long as there is ambiguity, analysts are not going to let this carry on. And neither would shareholders.
Putting in a heavy short when market opens on Monday. This one' s going down.
Your news source is excellent. Saw the Citi recommendation of $22.56 today in BT.
MER maintained outperform at $26 citing strong b/s.
The NPLs has dented UOB' s record, it' s not the absolute figures, but question arise as to why this has happened and if it' s a mgt issue how it will be addressed. This was not made clear in the press release.
If careless lending is an issue, is this the beginning of a downhill ride? They are no longer exposed to SG, but Thailand, Indonesia, Msia, pple need to see that mgt is in full control and more disclosure is needed to regain shareholder confidence.
I personally tend to think the stock is overpriced, and can come to more dipping.
ytoh1688 ( Date: 01-Aug-2014 16:00) Posted:
Citi got a recommendation to sell 31st July...Target 22.56...previous target of 21.70
Rich valuation
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Citi got a recommendation to sell 31st July...Target 22.56...previous target of 21.70
Rich valuation
It' s the NPL, a whopping 2.3bln. Their Group share capital is 5.3bln, total equity is 26.5bln.
Still strong, but in a risk adverse mkt, many feel a repricing is due.
The NPL caught the mkt by surprise.
Massive sell on earnings news after beating analyst estimates?? :(
hot money......$$$$$
WanSiTong ( Date: 14-Jul-2014 08:17) Posted:
Published July 12, 2014
SGX issues ' trade with caution' advice for UOB
UNITED Overseas Bank (UOB) shares surged almost 4 per cent yesterday in active trading, prompting a rare query from the Singapore Exchange.
UOB, which has outperformed its peers for several months now as well as the key benchmark index due to its lower China exposure, said it was not aware of any reason for the unusual trading. This resulted in SGX issuing a " trade with caution" advice for the stock.
The exchange query was a first for UOB in recent memory. A check showed that it was the first time SGX had queried the bank since 2009, said UOB spokeswoman Tan Ping Ping.
UOB ended the day 3.58 per cent or 83 cents higher at $24.03, and is up 13.4 per cent year to date. Over 4.35 million shares changed hands yesterday, more than double the daily six-month average of 2.17 million.
The Straits Times Index is up 3.99 per cent for the year.
DBS Group Holdings also did well yesterday. It rose 1.18 per cent to end at $17.17 and is up 0.41 per cent for the year. OCBC Bank closed unchanged at $9.40 and is down 7.84 per cent for the year as investors worry about a cash call from the bank to fund its US$5 billion bid for Hong Kong' s Wing Hang Bank.
One analyst said banking counters are doing well overall (except for OCBC), and there are unlikely to be any new reasons for UOB' s sharp rise.
UOB' s outperformance has been attributed to its focus on Asean and its lower China exposure, as well as its strong capital ratio. China' s slowing growth and growing shadow banking fears are frequently listed as concerns though many observers have said they do not expect a hard landing from the world' s largest trading nation.
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Thanks for sharing
WanSiTong ( Date: 14-Jul-2014 08:17) Posted:
Published July 12, 2014
SGX issues ' trade with caution' advice for UOB
UNITED Overseas Bank (UOB) shares surged almost 4 per cent yesterday in active trading, prompting a rare query from the Singapore Exchange.
UOB, which has outperformed its peers for several months now as well as the key benchmark index due to its lower China exposure, said it was not aware of any reason for the unusual trading. This resulted in SGX issuing a " trade with caution" advice for the stock.
The exchange query was a first for UOB in recent memory. A check showed that it was the first time SGX had queried the bank since 2009, said UOB spokeswoman Tan Ping Ping.
UOB ended the day 3.58 per cent or 83 cents higher at $24.03, and is up 13.4 per cent year to date. Over 4.35 million shares changed hands yesterday, more than double the daily six-month average of 2.17 million.
The Straits Times Index is up 3.99 per cent for the year.
DBS Group Holdings also did well yesterday. It rose 1.18 per cent to end at $17.17 and is up 0.41 per cent for the year. OCBC Bank closed unchanged at $9.40 and is down 7.84 per cent for the year as investors worry about a cash call from the bank to fund its US$5 billion bid for Hong Kong' s Wing Hang Bank.
One analyst said banking counters are doing well overall (except for OCBC), and there are unlikely to be any new reasons for UOB' s sharp rise.
UOB' s outperformance has been attributed to its focus on Asean and its lower China exposure, as well as its strong capital ratio. China' s slowing growth and growing shadow banking fears are frequently listed as concerns though many observers have said they do not expect a hard landing from the world' s largest trading nation.
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Published July 12, 2014
SGX issues ' trade with caution' advice for UOB
UNITED Overseas Bank (UOB) shares surged almost 4 per cent yesterday in active trading, prompting a rare query from the Singapore Exchange.
UOB, which has outperformed its peers for several months now as well as the key benchmark index due to its lower China exposure, said it was not aware of any reason for the unusual trading. This resulted in SGX issuing a " trade with caution" advice for the stock.
The exchange query was a first for UOB in recent memory. A check showed that it was the first time SGX had queried the bank since 2009, said UOB spokeswoman Tan Ping Ping.
UOB ended the day 3.58 per cent or 83 cents higher at $24.03, and is up 13.4 per cent year to date. Over 4.35 million shares changed hands yesterday, more than double the daily six-month average of 2.17 million.
The Straits Times Index is up 3.99 per cent for the year.
DBS Group Holdings also did well yesterday. It rose 1.18 per cent to end at $17.17 and is up 0.41 per cent for the year. OCBC Bank closed unchanged at $9.40 and is down 7.84 per cent for the year as investors worry about a cash call from the bank to fund its US$5 billion bid for Hong Kong' s Wing Hang Bank.
One analyst said banking counters are doing well overall (except for OCBC), and there are unlikely to be any new reasons for UOB' s sharp rise.
UOB' s outperformance has been attributed to its focus on Asean and its lower China exposure, as well as its strong capital ratio. China' s slowing growth and growing shadow banking fears are frequently listed as concerns though many observers have said they do not expect a hard landing from the world' s largest trading nation.
UOB is long over due! Huat Ah!
2424
ytoh1688 ( Date: 03-Jul-2014 14:56) Posted:
wow huge jump today
anyone know why? expecting great results on 31st July?
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wow huge jump today
anyone know why? expecting great results on 31st July?
best buy now stockspilt 5 for every one share
