| Latest Forum Topics / UOB Last:36.43 -- |
 Post Reply
|
|
UOB
|
|||||
|
goondoo
Member |
13-Mar-2009 20:51
|
||||
|
x 0
x 0 Alert Admin |
Anyway, can't blame the market for selling down UOB shares. Even at $8 a share, Uncle Wee still did not buy a single share, meaning he thinks UOB is worth less than $8 a share, and with his wisdom, he is most probably right. So hopefully, DBS and OCBC will take advantage of their much higher market cap and take over UOB, since UOB is little brother. |
||||
| Useful To Me Not Useful To Me | |||||
|
goondoo
Member |
13-Mar-2009 20:40
|
||||
|
x 0
x 0 Alert Admin |
And it is ridiculous that before the DBS rights issue, DBS share price is about $2 below UOB. After the rights issue, DBS actually narrowed the gap with UOB when DBS share increase by 50% and EPS decrease by 33%. The market is pricing UOB to lose 1/3 of it's shareholder's funds and EPS to drop 33% more than DBS. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
goondoo
Member |
13-Mar-2009 20:37
|
||||
|
x 0
x 0 Alert Admin |
How can it be possible for UOB to eat up OCBC when it is now very much smaller in market cap? If OCBC is 20% bigger than UOB, it is easier for OCBC to acquire UOB, and quite impossible for UOB to acquire OCBC.
|
||||
| Useful To Me Not Useful To Me | |||||
|
pjdpeter
Member |
12-Mar-2009 21:58
|
||||
|
x 0
x 0 Alert Admin |
I fully agreed what u said. OUB & UOB...stories may happen again...
|
||||
| Useful To Me Not Useful To Me | |||||
|
trader88.sg
Veteran |
12-Mar-2009 21:55
|
||||
|
x 0
x 0 Alert Admin |
Knowing Wee's character, he is more likely to eat up OCBC than being eaten by OCBC. DBS is more interested in regional businesses.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
des_khor
Supreme |
12-Mar-2009 21:06
Yells: "Tell me who is the God or MFT from this forum??" |
||||
|
x 0
x 0 Alert Admin |
wee bought some shares from open market today... | ||||
| Useful To Me Not Useful To Me | |||||
|
goondoo
Member |
12-Mar-2009 20:55
|
||||
|
x 0
x 0 Alert Admin |
UOB has changed from the largest bank by market cap in Dec 08 to become the smallest bank by market cap now in Mar 09, when there is no specific bad news at all. Prone to takeover from DBS and OCBC since UOB is now little brother. If UOB really gets eaten up by DBS or OCBC, good for minority shareholders, but prob bad for Uncle Wee. But guess too bad, his bank share price collapse until so much smaller than DBS and OCBC. |
||||
| Useful To Me Not Useful To Me | |||||
|
bola_no1
Senior |
12-Mar-2009 19:15
|
||||
|
x 0
x 0 Alert Admin |
They are too volatile now. day difference is big enought to make u richer and poorer. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
787180
Master |
12-Mar-2009 18:35
|
||||
|
x 0
x 0 Alert Admin |
Avoid all banks and PRC stocks | ||||
| Useful To Me Not Useful To Me | |||||
|
AK_Francis
Supreme |
12-Mar-2009 18:28
Yells: "Happy go lucky, cheers." |
||||
|
x 0
x 0 Alert Admin |
BKs FY08 result: OCBC, profit tumbled 16% due to lower insurance, invs n trdg income, coupled with increased allowances.Tier 1 capital healthy. Nothing heard about dir bd going raise fund to increase d opt capital base. DBS, profit slumped 15% mainly attributable to a decrease in non-interest income n a rise in credit costs. D bk had boost up its opt capital base via R issue, and had been completed. Its 1 tier cap increase accordingly. As such it overtook UOB as d biggest lender. UOB, profit declined 8.2% on lower non-interest income n shr of assocs' profit coupled with surge in impairment charges. In UOB report, Dy Chairman mentioned that if d coy 1 tier cap decline to around 8%(if not mistaken, had posted ds much earlier) then d bd may consider to find ways to boost up d percenta. 1Q of all above Bks going to lapse end ds mth. If any bk foresee that they will incurr more write down owning to further impairment, then they hv to take d appropriate action to increase d cap base so as to deco their balance sheet. Esp now d Plastic Syndrome had been felt n mentioned all round. Issue R , AK guesses not likely ah, moreover one forumer confident that no one of d above bk would issue R again, if yes, he will pull down his pant. Above are AK guess's work, no call for anything, for sharing only. | ||||
| Useful To Me Not Useful To Me | |||||
|
Hulumas
Supreme |
12-Mar-2009 17:42
Yells: "INVEST but not TRADE please!" |
||||
|
x 0
x 0 Alert Admin |
I do not know, and no one knows perhaps.
|
||||
| Useful To Me Not Useful To Me | |||||
|
mazimaz10
Senior |
12-Mar-2009 15:31
|
||||
|
x 0
x 0 Alert Admin |
Any advise why UOB keep falling compare with DBS and OCBC? What the support level? | ||||
| Useful To Me Not Useful To Me | |||||