OCBC stock analysis
OCBC has announced an offer to buy the remaining 11.56% stake in Great Eastern that it does not own, at S$25.60 per share. The deal will be worth S$1.4 billion. The more interesting question is, why now? It’s not as if OCBC lacked funds. In fact, its recent quarter’s net profit was a record S$1.98 … Read more
FY23 has been a year of high interest rates and a relatively robust economy. This means that the banking industry is one of the clear winners. With a strong loan book and relatively high net interest margin, banks have generated record revenue growth and profits. DBS OCBC UOB Market Cap ($’bn) $87.5 $60.4 $47.6 Revenue … Read more
What’s better than cost-of-living support for households in the latest Singapore Budget 2024? Tailwinds and opportunities. As a Permanent Resident (PR), even though I deservedly qualify for CDC vouchers and cash payments (from a financial standpoint), sadly I will not be getting any due to my current relationship status with Singapore. Thus, I can only … Read more
Previously, we looked at the largest stock markets in Southeast Asia and the best performing Southeast Asia stock markets in the past 10 years. Which left me wondering, we know of the Magnificent 7, but who can name the biggest stocks in the Southeast Asia region? If you’re equally curious, here’re the 10 largest stocks … Read more
What if you could avoid paying taxes on your dividend income and pocket all your returns? Well, that’s what astute dividend investors in Singapore have been doing. You see, Singapore practices the one-tier corporate tax system. As long as the company pays its corporate tax, the subsequent distribution of dividends to individuals would not be … Read more