UOB provided an update of its performance for the first quarter of the financial year 2020 early this morning (06 May) before trading hours. I have studied the bank’s updates and in my post today, you’ll find a summary of the most important statistics to take note of, key summary by the bank’s CEO, my thoughts about the bank’s latest set of results and finally, how does it compare against DBS’…
Summary of DBS Group Holdings’ Annual General Meeting Held on 30 April 2020
As a shareholder of the DBS Group Holdings Limited, I have attended its virtual annual general meeting for FY2019 held yesterday, 30 April 2020, taken some notes, and am sharing them here for the benefit of fellow shareholders who have missed the meeting…
DBS Group Holdings’ Updates for Q1 FY2020 – A Summary and My Thoughts
DBS Group Holdings released its latest trading updates for the first quarter of financial year 2020 this morning before trading commenced, and in this post, you’ll find a summary of the most important statistics, CEO’s outlook for the remaining quarters ahead, and my personal thoughts on the bank’s latest set of results…
Hong Leong Finance’s Annual Report 2019 – Key Pointers for Fellow Shareholders to Take Note of
Singapore-based financial institution Hong Leong Finance Limited, a company in my long-term investment portfolio, have recently published their latest 2019 annual report on early-April. As a shareholder, I have gone through the entire report and in this post, you’ll find key summaries from the report…
My Summary of OCBC’s Annual Report 2019
OCBC published their latest annual report for financial year 2019 two days ago (on 14 April.) As a shareholder of the bank, I have gone through the report, summarised some of the key points, and you’ll find them in today’s post. Also, you’ll find the Group CEO’s response on the impact of the new digital banks on OCBC (I’m sure this is one of the main concerns on your mind right now…)
UOB’s Annual Report 2019: A Quick Summary
UOB released their annual report for the financial year ended 31 December 2019 last week. As a shareholder of the bank, I have gone through the report, took some notes, and have shared the most important points in this post for the benefit of those who do not have the time to go through it…
Why Did I Add UOB (SGX:U11) to My Long-Term Investment Portfolio
Along with OCBC (added on 29 August 2019) and DBS (added on 04 March 2020), UOB is the third and last Singapore bank I’ve added to my long-term portfolio on 06 March 2020. So, why did I make the decision to invest in UOB? In this post, I will be sharing with you reasons why I’ve added the bank to my long-term investment portfolio…
DBS Group Holdings (SGX:D05) – Why Did I Add the Bank to My Long-Term Investment Portfolio?
I’ve added DBS Group Holdings to my long-term investment portfolio at S$24.00/share – based on its upcoming annualised dividend of S$1.32/share in FY2020, it represents a yield of 5.5%. In today’s post, you’ll find out reasons why I’ve added the bank to my portfolio, and also what I’m going to do, now that its share price have fallen by 22.0% from my investment price at the time of writing…
A Look into the Share Price Movements of DBS, UOB, and OCBC
At the time of writing this post, the share prices of DBS, UOB, and OCBC have plunged from their most recent highs by 39%, 35%, and 37% respectively. Will the share prices continue to plunge even lower, or will they start bouncing back up from their lows? In this post, I’ll be sharing with you my technical analysis of the 3 banks’ share price movements, my simple comparison (by its current valuations vs. its 8-year average) to find out whether or not the 3 banks are currently trading at a discount (or not), and finally, my personal investing plan for the 3 banks…
DBS Group Holdings’ Annual Report 2019: A Quick Summary
One of the companies in my personal long-term portfolio, DBS Group Holdings, have published their annual report for the financial year 2019 a couple of days back. As a shareholder of the bank, its annual report is one I will take a look at to learn more about its financial results, along with challenges and tasks in the year ahead. In this post, you will find a quick summary of the most important aspects you need to know from its latest annual report…
