DBS vs OCBC and UOB

[Tuckie]

why so much????

 

[spiritGate]

drop liao drop liao lol

 

[felixleong]

Singapore banks' 2015 loan growth seen tepid, says Maybank Kim Eng

By Frankie Ho / theedgemarkets.com | February 23, 2015 : 9:24 AM MYT
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SINGAPORE (Feb 23): Loan growth for the three Singapore banks is expected to be tepid this year, after having increased 5.8% in 2014 following four years of double-digit expansion, says Maybank Kim Eng.

"We expect housing loan demand to stay listless this year, weighed down by a still-slack property market," Maybank Kim Eng analysts Ng Wee Siang and Ng Li Hiang wrote in a note today.

"Business loans should be propped up by building and construction loans and an expected rebound in general-commerce loans in 2H15," they said.

US-dollar-denominated loan growth should do better, although this is also expected to slow down in 2015, they noted.

While Singapore banks have emerged as "credible" providers of US-dollar loans in the wake of the eurozone crisis, they are expected to face "slowing traction" this year amid a slowdown in the global economy, they said.

Loans in US dollars provided by Singapore banks grew 17.8% last year, down from 34.8% in 2013.

On the flip side, Singapore banks are "well equipped" to handle any US-dollar liquidity crunch, according to the analysts.

"USD loans are largely short-term trade loans, which can be run down quickly in a liquidity crunch. Banks have alternative funding sources in short-term commercial papers and currency swaps with the Monetary Authority of Singapore."

 

[pcmdan]

Dbs big UTurn up today!

Huat ah!!!

yes super big u turn..and i sold mine at near high hapi..fat ang bao haha

 

[Perisher]

haha, still holding. DBS is solid de. Waiting to buy UOB and OCBC...

 

[pcmdan]

haha, still holding. DBS is solid de. Waiting to buy UOB and OCBC...

i waiting for it to drop back to 19.3 haha

 

[Perisher]

i waiting for it to drop back to 19.3 haha

I don't think will go below $19.4 liao. It seems to move above 100 SMA everytime it hits it. Gd luck.

 

[felixleong]

haha, still holding. DBS is solid de. Waiting to buy UOB and OCBC...

I waiting for UOB OCBC too

if got 2-5% dip, will go in

 

[winorlose]

Alot of shorts are currently out of money..

Prepare for shorts squeeze tmr! This volume is still little compared to the number of shorts.

Everytime announce budgets to screw us singaporeans

 

[pcmdan]

I don't think will go below $19.4 liao. It seems to move above 100 SMA everytime it hits it. Gd luck.

just last week it was below 19.4 mah haha

 

[Perisher]

just last week it was below 19.4 mah haha

I don't think you understand. It's building a higher low.
Anyway, it can go below 19.40, just less likely.
Go and see the 100 sma.

 

[pcmdan]

I don't think you understand. It's building a higher low.
Anyway, it can go below 19.40, just less likely.
Go and see the 100 sma.

i know.. each has its own opinion

 

[Tuckie]

Alot of shorts are currently out of money..

Prepare for shorts squeeze tmr! This volume is still little compared to the number of shorts.

Everytime announce budgets to screw us singaporeans

how u know screw singaporeans?

 

[endlssorrow]

Today nearly wann buy UOB

 

[felixleong]

Today nearly wann buy UOB

UOB if u see 2 year chart like quite high le

I now bullish on STI

might try to pick up some STI ETF at 3.40 or lower

PE 14 yield 2.7% still seems attractive

 

[winorlose]

Budget to screw us yet again..

 

[felixleong]

Budget to screw us yet again..

Seniors aged 55 and above will receive a Seniors’ Bonus of up to S$600, double the amount they usually receive. The move will benefit some 1.4 million Singaporeans and cost the Government an additional S$385 million. Those above the age of 65 and living in HDB flats will get an additional S$300 and a total of S$900.

garmen double down on ang pows to win old people's votes

sibei cunning sia

 

[Dividends Warrior]

Everytime announce budgets to screw us singaporeans

To be more specific, 'Young' working singaporeans.

 

[The Accountant]

Budget to screw us yet again..

Think we get to enjoy some benifits. Its better than the previous one. E.g 50% tax rebate cap at 1k and also a study credit if you sign up for a course that improve your skill.

Also, giving to the seniors also indirectly benefits us since our parents belong to that category. Won't you agree?

 

[winorlose]

Its like u want to give but at the back u are sucking it back.. Might as well dont give correct?

Dont waste time sitting in parliment to do such blood sucking movements..

Next thing ah long will come up with.. Is gst liao. 10%

Thats to help the poor! Sibeh epic