koolgal
05-04 16:29
🌟🌟I predict $OCBC Bank(O39.SI)$ will close at SGD 23.00 and $UOB(U11.SI)$ will close at SGD 38.00.

DBS has set a high bar and while OCBC and UOB are trying their best, they have some catch up to do to beat DBS's SGD907 million in wealth management fees.

OCBC has a secret weapon in $Great Eastern(G07.SI)$.  Analysts expect OCBC to show strong wealth fee momentum because of this insurance powerhouse.

UOB is the most undervalued among the 3 banks.  While it may not hit DBS's record, UOB is expected to see normalised provisions and stable fee growth from their regional expansion.   UOB's forte is their retail banking exposure in South East Asia especially after they have taken over Citi's retail banking business in Indonesia, Thailand, Malaysia and Vietnam.

If OCBC and UOB can even whisper the words "record fee growth" I believe their share prices will rocket to the moon.  If not their dividends will still be a great comfort.

@Tiger_SG @Tiger_comments @TigerStars


UOB and OCBC Earnings: DBS Set a High Bar! Can They Follow?
DBS non-interest income and wealth management fees hit record highs and dividends rising from S$0.75 to S$0.81. While NIM face pressure, wealth management is stepping up to fill the gap. UOB (May 7): The key focus will be whether the synergies from the Citigroup Southeast Asia integration are finally starting to pay off. OCBC (May 8): Investors are watching the profit contribution from the full consolidation of Great Eastern insurance and Bank of Singapore’s wealth management fees. Can UOB and OCBC deliver similar results? Are you bullish on the "Big Three" hitting new highs this year?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Investordude1301
    05-04 22:52
    Investordude1301
    Very certain about UOB recovering S$38+ after results! Most undervalued bank among the 3 banks right now
  • 狮城漫步
    05-06 09:54
    狮城漫步
    我认为有几个原因表明OCBC、UOB 将紧跟DBS 的表现、也许没有那么出色，但也算是不错：1️⃣国际和中东局势的动荡导入避险资金；2️⃣新加坡继续进入低利率周期、更多资金从储蓄账户转入银行金融投资衍生产品带来更多财富资本管理收益；3️⃣新家坡金融管理局推进的股市繁荣政策；4️⃣DBS的第一季财报已经验证了在这样大环境下本地银行业的表现趋势。基于以上理由，我认为华侨银行和大华银行的财报将紧跟星展银行的脚步、在财报发布后、这两家的股价将应声大涨2.5%～3.7%。
    • koolgal: 
      Happy Trading 🌈🌈🌈💰💰💰
    • koolgal: 
      All the best 🍀🍀🍀
    • koolgal: 
      Thanks for sharing your valuable insights 🥰🥰🥰
    • koolgal: 
      Appreciate your support 🥰🥰🥰
    • koolgal: 
      That is great news👍👍👍
  • zuma
    05-05 06:32
    zuma
    thx
    • koolgal: 
      Appreciate your support 🥰🥰🥰
    • koolgal: 
      All the best 🍀🍀🍀
    • koolgal: 
      My pleasure 😍😍😍
    • koolgal: 
      Have a winning week ahead 🌈🌈🌈💰💰💰
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