UOB got room to grow π³
In the past i did not dare to buy SG banks because too expensive for me (as new comer i feel like still a baby) πΆ i need to buy cheap cheap first before try expensive one, incase loss, will be lesser [LOL]
True enough at the end 2021 my loss already few hundred of dollars [Facepalm] at the other platform, at tiger too because i anyhow choose n they said diamond hand, Apes, to the moon, yes i follow ! [LOL]
Luckily i know this Tiger community, i learn what is DD, DY, PB, PE, EPS, etc ... then i try to pick good company gives good dividend, but also dip ! [Facepalm]
Some of my positions are at bottom of my watch list ! I am expecting to get dividends, so still ok just hold it, they are solid companies anyway [Cool]
When u choose yrself carefully you have strong conviction to hold/let go. Holding power is very important, although i am a bag holder now, I believe one day will rise. The worse is $SERIAL SYSTEM LTD(S69.SI)$at the moment, keep on dipping, i will scoop again at the bottom, if possible.
Few mth ago i started to buy $OVERSEA-CHINESE BANKING CORP(O39.SI)$Bullishand i was ok, no more fear of lossing few hundreds. The other day had high tea with a good friend, she said to me don't anyhow buy, buy only blue chips especially when it dip, when market pick up, all will go up !
So i explore more and yesterday i took another step to buy $UNITED OVERSEAS BANK LIMITED(U11.SI)$
UOB gives good dividend, currently traded 14% below than it was 6 mth ago ! If market recover it shouldbe go up too because UOB is a good bank π
OCBC div $ 0.56 in 2022
UOB $ 1.20
DBS $ 1.44 ( include the 4th in nov est 0.36)
I will buy $DBS GROUP HOLDINGS LTD(D05.SI)$too in future, wait it dip and I have freefunds [Chuckle]
Invest wisely my friends π
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- Chilli PadiΒ·2022-08-18TOPBig 4 banks safe also MAS now has lifted the dividend restriction imposed on banks, so 4% dividend quite comparable to reits, with better growth potential. But be careful as banks are cyclical shares.14Report
- JC888Β·2022-08-18TOPWhen unsure what to invest becos insufficient homewrk done - dun jump in blindly. Better to miss it than to jump n get stuck. A missed opportunity will return somewhere somehow. Cash is king any day5Report
- Success88Β·2022-08-19TOPAgreed with what you said. Yesterday i bought $Iron Mountain(IRM)$ by the way UOB use their service for data security. So sometime donβt see surface. Background support also important π4Report
- limnorthΒ·2022-08-18TOPGood to go with SG banks. Invest safe.4Report
- dallanubeΒ·2022-08-18everything got room to improve, but how big?18Report
- ACJCΒ·2022-08-19Good stock with dividends!16Report
- JCKL488Β·2022-08-18Iβm long on all 3 SG banks7Report
- GoGoMonkeyΒ·2022-08-19Agree with what you say. Blue stocks are relatively safe in Singapore but of course, returns are not as fast as crypto. it depends on one's investment appetite.4Report
- ElkyΒ·2022-08-19Banks are good during these times13Report
- BenjiFujiΒ·2022-08-18Which other platform are you using? How is it?5Report
- WoobennyΒ·2022-08-19Good luck! Would add a comment to your friend: perhaps can look at ETF than the so called the bluechip companies?3Report
- TK360Β·2022-08-19Nice, like UOB and bank stocks4Report
- LesterTanΒ·2022-08-19Donβt buy at good stock at a bad price. Also, donβt buy penny stocks. Cheap can be cheaper3Report
- puffygalΒ·2022-08-19yes, $UNITED OVERSEAS BANK LIMITED(U11.SI)$ and $DBS GROUP HOLDINGS LTD(D05.SI)$ are the ones to buy...2Report
- GouppppppppΒ·2022-08-18how much will it rise?2Report
- ReannΒ·2022-08-21I also like bank stock, just worry that if really recession then it dip a lot....2Report
- ThunderbirdΒ·2022-08-19I believe so too. The share has been underrated.3Report
- DannDannΒ·2022-08-19Good sharing. Give me a thumbs up like ππ»π thanks!2Report
- ChernTiongΒ·2022-08-19going long for 3 SG banks should be ok3Report
- RobinChanKHΒ·2022-08-22only see watch list? all green green?2Report