UOB šŸ¦šŸ§ a buy ?

SR050321
2022-10-05

Nothing better than multiplying your assest, but if keep šŸ’µ in ATM interest is very less, put FD offer higher interest PA, buy u must keep for 1 year to get the interest rate, unless choose shorter term. 

So i choose to be the investor, there are 2 risks: 

1.stock price fluctuate, so i may have capitalappreciation in future or loss if a decide to sell the stock. 

2.i get dividend, as long as the business is good, dividend should be good too, i expect itcontinue to give dividend $1.2 pa

Now price go back to the low side, waiting to dip lower [Grin] standby mode 

Will $UNITED OVERSEAS BANK LIMITED(U11.SI)$go down below $26 ? If yes, i may consider to add. 

UOB emerged as the best investment option out of two other Singapore Banks, DBS and OCBC, due to its financial growth, dividend yields and growth strategy. Investors ought to consider emerging market entities as the US markets grapple with record inflation rates and high recession risks.

Invest wisely my friends šŸ’•

@TigerStars

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Comments

  • Ra007
    2022-10-06
    Ra007
    Buy uob or Dbs [Thinking]
    • SR050321:Ā 
      Yr comments gets top, check daily task at the bottom see if can collect 20 coins, not sure expired already or not šŸ˜Š
    • CPkawaiiReplySR050321:Ā 
      y
    • SR050321:Ā 
      I start from ocbc then uob i see the valuation, so DBS is still the highest for me, one day i will buy DBS too [Grin]
    • jerwy:Ā 
      ok
    • superguy276:Ā 
      ok
  • snoopy123
    2022-10-06
    snoopy123
    this quarter no dividends leh.. buy now or wait on sidelines? [Doubt]
  • LesterTan
    2022-10-07
    LesterTan
    Buy now. Dont think it will hit below $26
    • SR050321:Ā 
      The other day dip but not dip enough for me šŸ˜‚ i thinking to add if dip by $120, means i get free div from this year šŸ˜
  • Elky
    2022-10-07
    Elky
    Banks are good in a stable macro environment so below 26 is a good price given current situation
  • th0mastan
    2022-10-06
    th0mastan
    Is it better to buy banks or put into bonds?
    • SR050321:Ā 
      Bond no dividend right ? My SIA bond it gives interest 6% PA, mature in 10 yrs, i keep because company will convert to SIA stock at $4.8
    • SR050321:Ā 
      I have SQ bond not so good, price keep on dipping. Not sure UOB Bond [Smile]
  • andy1967
    2022-10-06
    andy1967
    Great buy at the right price will get both dividend and capital appreciation.
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