Patience is bitter, but its fruit is sweet.
Result released recently shows a drop in profit but give a 6 cents div. that's why the share price was not punished so badly as like HLA today.
lglg666 ( Date: 14-Feb-2017 17:13) Posted:
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Moving up again.......... towards $3!
2 days of upswing also never got queried by SGX. Is SGX biased? Is meant to be? Or they already know the standard answer. 1, 2, 3. No, No, Yes.
Yeah. Short for MAS new policy immediately come into effect, we dont know la.
Wait for it to drop below $2.60 1st....then dare to buy.....
Yesterday high volumes close at $2.54....
Today Gap Up $2.65 opening....hype too much ....let it digest 1st
Yesterday high volumes close at $2.54....
Today Gap Up $2.65 opening....hype too much ....let it digest 1st
The top 20 investor are unlikely to sell, the selling q are thin, the demand and the reason to buy  are there...............
Patience............. you will be paid while waiting, ........%5 dividend annually....
losing steam
towards $3
Siwomp ( Date: 15-Feb-2017 09:06) Posted:
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swee bo? 2.71
 
no 3.80 no sell.
 
ffyyss ( Date: 14-Feb-2017 22:23) Posted:
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hl asia nav $1.90 , turnaround in profits. hl finance nav around $3.80 stable profits and dividends..
look at auric pacific .. turnaround and privatised above NAV . Spore mkt has been v slow in identifying undervalued counters , not to mentioned grossly undervalued in very well known long standing companies.
Both are trading at only about 60% of their NAV
Finance companies being able to be acquired by foreign co means its license r more valuable than before . Trading at below NAV is therefore ridiculous esp its a profitable finance institution.
look at auric pacific .. turnaround and privatised above NAV . Spore mkt has been v slow in identifying undervalued counters , not to mentioned grossly undervalued in very well known long standing companies.
Both are trading at only about 60% of their NAV
Finance companies being able to be acquired by foreign co means its license r more valuable than before . Trading at below NAV is therefore ridiculous esp its a profitable finance institution.
Best to keep wealth among family 💪
Siwomp ( Date: 14-Feb-2017 16:49) Posted:
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after telco sector, the banking sector is going to have more players too.    for exampe,  HL finance or Singapura fin acquired   by foreign banks   then there will be more competitors.
is it (may be ) that is part of the reason why DBS dropped so much.?
Missed out on this ....
I am patient, I bot this at 2.21 for retirement........ Huat Ah!
need patience... the M& A moves won' t come so fast. Changes just announced, although i am sure prior consultation has been done before.
Siwomp ( Date: 14-Feb-2017 16:49) Posted:
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One logical move........merge with Hong Leong Bank........IMHO
The Queks & the Kweks aka the Hong Leong group usually do not sell I think. They buy or privatize.
Thank You.        Huat Ah!
lglg666 ( Date: 14-Feb-2017 16:34) Posted:
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