Traditionally, DBS is the biggest beneficiary of higher interbank rates due to the historical acquisition of POSB, making her the biggest deposit base with the lowest loan deposit ratio. However we have seen in recent years that the wealth management areas has become the most important part of profit and will continue to be. This is also true of the other 2 local banks. Thus, with the integration of GE into OCBC, I would pitted OC ahead of UOB.
I go for OCBC, especially for the value released after the integration with GE. Streamlining of operation and corporate office function and a integrate suite of financial services will have more value creation for both shareholders and clients.
DBS, OCBC or UOB: Which of the Three Singapore Banks Should You Buy?
Instead of buying a spread of EV stocks and managing it on our own, would it be better to buy into a EV ETF and will equally spread the risks and participate in the growth of EV future? I would prefer the later.
Better Buy: Tesla or Equal Parts of Lucid, Rivian, Nio, and Ford?
OCBC is likely to release a slight decline year on year result of -5% due to compression of NIM arising from lower SORA, which will be offset partially by rise in fee incomes. This should be in line with most analysts expectation. As for guidance wise, I expect them to await for more clarity of the tariffs situation before providing any further guidance. This is in line with the conservative approach that OCBC took in previous years.
$SINGAPORE AIRLINES LTD(C6L.SI)$In light of the fundamental changes in the covid situation resulting in the opening of the many flight routes, the market looks positive to continue to trend up. This will be boostered by the better results in the coming quarters with the expansion of business. Technically there is a void gap between 5.92 to 6.17, which will be tested, if not filled. Thus a major target should beto break 5.92 to 6 region, which will be a physiological resistance.
In light of the Chinese environment, raising capital via convertible bond plan is a great strategy as liquidity is foremost in this market. Such cheap funding do come with a price, which in this case is dilution of the existing shareholders as it expands the share base and also lower the overall book value per share. But overall this does give the company more flexibility and controls in this crucial period and will probably give the company many potential cheap acquisitions down the road.
Ping An Insurance Shares Drop in Wake of $3.5 Billion Convertible Bond Plan