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.
In risk management we are concerned about keyman risk and now we have a key system risk that even in BCP, we have not considered fully. This risk needs to be addressed in all sectors of our economy and it is time that regulators should also step in to relook the degree of concentration (thus, control) such key system has on our economy.
How a Routine CrowdStrike Update Crashed the World’s Computers
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.
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?
Singapore has become the new wealthy citizen's playground. This has greatly enhanced the GDP of singapore. Is this the right policy that benefits the ordinary singaporean? I am having my doubts.
SGX Weekly Review | STI Adds Over 3%; NIO Soars 13.85%; Prominent Figures Invest in Singapore Mansion
As DBS is net long in term of deposits due to the historical advantage of POSB accounts, higher interest rate will benefit DBS more and as such basing on this parameter, DBS will be prime beneficiary.
DHLU drop is in line with the valuation of its Yen assets which is domicile in Japan. Thus, buying it seem to be a view of SGDJPY and not just the yield.
These 3 REITs Are Hitting a 52-Week Low: Are They a Bargain?
$SINGAPORE AIRLINES LTD(C6L.SI)$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.