Tag Archives: OCBC

OCBC is still growing

Once again, Overseas-Chinese Banking Corporation (OCBC) is dishing out to scrip dividends to existing shareholders. With the discount of 10%, this translates to a mouth-watering conversion rate of $9.57 per share. Given the steep discount, it is likely that many … Continue reading

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As we approach mid-year 2019

Since the last post, the STI did indeed fell further forming a trough by early June. By this week, the STI regained some of its lost territory, landing at 3214.85. Banks are still lagging as the fall out of the … Continue reading

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Buy and hold? No, it should be sell and buy back later

Historically, the month of February is the when financial results of those companies whose Financial Year (FY) ends in December release their FY results. Then at around the 2nd half of April, it is when companies start holding annual general … Continue reading

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OCBC scrip dividend

Along with the other banks, OCBC has recently announced the FY 2018 results. The net profit improved 11% from S$4.05b to $4.49b. Apart from its subsidiary, Great Eastern’s disappointing results, I would say that OCBC did well for FY 2018. … Continue reading

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Banks’ stock prices

In the last two months since the release of bank results for FY 2018, the general comments about OCBC is that its share price is lagging behind the other banks. That appears to be my observation as well, although it … Continue reading

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Reading too much into news & Wall Street movement can derail our financial plan

Very often we try to check the Wall Street movement and the futures to have an idea of what is likely to happen in the local stock market at the start of the trading day. After all, the Wall Street … Continue reading

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DBS – The pleasant surprise

Abstract – Two years ago, the sudden devaluation of the Chinese yuan RMB caused DBS share price to fall below its book value. Since then, DBS Holdings share price has been on the rise. In a similar fashion, the share … Continue reading

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Yield hungry? We need to change of our investing paradigm

The much anticipated interest rate hike in December had caused a sharp recent drop in the price of REITs recently. Many REITs are now trading at the 2016 low, retreating generally about 7-10% from its peak level at 2016 high … Continue reading

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DBS- script dividend is out of money

DBS announced the script dividend of $0.60 per share at a conversion of $20.99 per share. This was established during the book clourse around the end April 2015. In the month of May 2015, the share price had been higher than $21 per share for the first … Continue reading

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OCBC – script dividend in the money

Recently, OCBC announced the distribution of scrip dividend in lieu of cash dividend. Its dividend was $0.18 per share and the bank had established a conversion rate of $9.50 per share, a discount to on-going share price. Given the discount to the prevailing … Continue reading

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