UOB stock analysis
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
Wee Cho Yaw has passed away at the age of 95, and an outpouring of condolences has been observed across the press and social media. This is attributable to his pivotal role in shaping Singapore’s banking industry. While most Singaporeans associate him with UOB, the business empire he established extended far beyond banking, encompassing real … Read more
I was curious if any blue chip stocks in Singapore possessed moats and found out that MorningStar had created an Economic Moat rating to ease the process of identifying companies with moats. While easy to grasp as a concept, it is difficult to define moat in the real world. Hence, I found MorningStar’s Moat framework useful. … Read more