DBS vs OCBC and UOB

[Keverus]

UOB vs DBS vs OCBC...

which one would u pick?

both UOB and DBS seems a little under water...while OCBC is shining...stark contrast as compared to last yr..

 

[felixleong]

sold OCBC last year
currently have no bank stocks
however I have a ILP maturing this year and will get a big lum sum
probably will put the $$ into the 3 local banks
if their PE is below 12 times (late November)

 

[Silverback84]

ocbc stock dropping leh.

 

[felixleong]

ocbc stock dropping leh.

drop is good for value investors

$10 or less can makan

I expect them to make around 95 cents per share for FY 15

if $10 is close to PE 10 liao
sibei good deal wor!

plus if they can sell off UE, extra kicker

 

[Perisher]

I'm waiting for drop. Any of the 3 Drop big, I'm in. So far, only UOB is dropping big recently... Keep waiting.

 

[SpinFire]

sold OCBC last year
currently have no bank stocks
however I have a ILP maturing this year and will get a big lum sum
probably will put the $$ into the 3 local banks
if their PE is below 12 times (late November)

ILP will mature meh?? You surrender it?

 

[felixleong]

ILP will mature meh?? You surrender it?

ya, will hit 20 years liao
just surrender get $$ lor

my parents last time buy for me one, so I quite lucky

I ownself also got 2 ILP bought from my aunty.. still long way to go.. only 10 and 4 years nia... and both underwater.. sobssss

now I smarter liao, stopped buying ILP...
just buy term and balance ownself invest more value

 

[Keverus]

ILP make money already be thankful. i know of so many ppl who buy ILP, even after 10 yrs, underwater. i notice alot of (unethical?) agents/personal bankers sell ILPs as sure make money after 10 yrs.

 

[Keverus]

dbs slide down quite abit....on my watchlist

 

[felixleong]

ILP make money already be thankful. i know of so many ppl who buy ILP, even after 10 yrs, underwater. i notice alot of (unethical?) agents/personal bankers sell ILPs as sure make money after 10 yrs.

ya, some people ILP 10 year still underwater that means the commission charge kanna gao gao one...

heng I is a buy from my aunty, she quite good to me one... even when times my cash tight, she will help me pay the monthly fees

but from relatives safer~ dun fall for chio bu RM trap hehe

 

[wahkao3]

hey guys, here's my tip:

look at US banks. especially those small cap community bank
SG banks got no meat

but hor..... if u are newbie, dunno how to analyse stock, pls stay out. wait till crash then buy

 

[felixleong]

hey guys, here's my tip:

look at US banks. especially those small cap community bank
SG banks got no meat

but hor..... if u are newbie, dunno how to analyse stock, pls stay out. wait till crash then buy

u till now haven't say which US small bank u buy zzzzzzzzzzzz

US banks.. all cannot touch one... so many kanna fine by SEC

dunnoe how deep the black hole is... and it will eat into their NAV

US market, can find many banks selling below book value somemore, u go whack lor

good luck!

dun forget, US got 30% dividends tax... not suited for buy and hold investors.... only good for short term traders


long term investors, invest in SG still better la

 

[felixleong]

dbs slide down quite abit....on my watchlist

me too
my watchlist is now

DBS
OCBC
UOB
CMT

if market got 2-5% correction, I will eat all 4

cheers

 

[Keverus]

me too
my watchlist is now

DBS
OCBC
UOB
CMT

if market got 2-5% correction, I will eat all 4

cheers

watching CMT with keen interest too.

may use the maybank kim eng reits financing.

 

[Keverus]

u till now haven't say which US small bank u buy zzzzzzzzzzzz

US banks.. all cannot touch one... so many kanna fine by SEC

dunnoe how deep the black hole is... and it will eat into their NAV

US market, can find many banks selling below book value somemore, u go whack lor

good luck!

dun forget, US got 30% dividends tax... not suited for buy and hold investors.... only good for short term traders


long term investors, invest in SG still better la

altho in Singapore, a lot ppl feel that foreign banks more atas, but imo, investing in local banks safer.

take a look at SCB and Citi. SCB lao sai until how jialat. Citi also facing tough times ahead.

 

[Keverus]

ya, some people ILP 10 year still underwater that means the commission charge kanna gao gao one...

heng I is a buy from my aunty, she quite good to me one... even when times my cash tight, she will help me pay the monthly fees

but from relatives safer~ dun fall for chio bu RM trap hehe

sometimes chio bu RM can also be ok la.

as for relatives or not, it's a tricky issue. if the relative is new to the industry, he/she may not have the capability or the foresight to see further.

also, if things go south....can be very messy. rather not do biz within the family. just my own opinion.

 

[felixleong]

sometimes chio bu RM can also be ok la.

as for relatives or not, it's a tricky issue. if the relative is new to the industry, he/she may not have the capability or the foresight to see further.

also, if things go south....can be very messy. rather not do biz within the family. just my own opinion.

ya true

relatives if those young ones, I just ignore... even very close friends... cause many come in sell insurance first 1-2 find friends and relatives after that they dry liao and quit the industry... damn sianz

my aunty work at NTUC for over 20 years le, very experienced so I give her all my business instead

I think most important when using an agent, be it a broker, property agent or insurance agent

1) must know that person character well over many years, make sure its a honest person
2) that person must be experienced, at least 5 years or more (so u know that he/she can service u long term, not hit and run type)

cheers

 

[winorlose]

Dbs big UTurn up today!

Huat ah!!!

 

[winorlose]

All u *******ooking shorts!

Prepare to dcs!

 

[felixleong]

DBS up 50 cents!!!!! $$$$$$$$$$$$$$$$$$$$$$$