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…
Which Singapore Bank Had the Best Results for the 4th Quarter and Full-Year Ended 31 December 2019?
DBS, UOB, and OCBC have all reported their financial results for the fourth quarter and financial year ended 31 December 2019. So, among the 3 banks, which one had the best results, and is also the cheapest right now? You can find out the answers in today’s post on the 3 banks’ latest financial results…
