Shyon
11-03 18:05

I would prefer to wait for the earnings results before adding to Singapore bank stocks. The recent pullback makes valuations more interesting, but I do not think a lower share price automatically means a bargain. I would rather have more clarity on earnings and management guidance.

Among the three, I would pay close attention to $DBS(D05.SI)$ and $ocbc bank(O39.SI)$ , particularly their net interest income, wealth management fees and dividend sustainability. For OCBC, I also want to distinguish Great Eastern’s investment-related volatility from the underlying banking performance.

My approach is to remain patient and compare all three banks after their results. I am more interested in sustainable earnings, healthy asset quality and consistent dividends than catching a short-term rebound. As always, capital preservation and discipline come before FOMO.

$UOB(U11.SI)$

@Tiger_comments @TigerStars @TigerClub @SGX_Stars @Tiger_SG

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  • LoganKillian
    ·09:08
    美股未来1—2周可能反弹或整理，但未来1—2个月仍面临更大级别回落。主要依据是纳指月线出现看跌吞噬组合，10月创新高可能构成多头陷阱；另一方面，连续三周下跌后，指数已完成28500的初步下跌目标，27200附近亦有技术支撑，因此不宜激进追空。
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  • dropppie
    ·11-03 18:32
    Asset quality is the extra filter here. Provision coverage and any Stage 2 slippage will matter as much as NII after results
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  • JHFG
    ·06:37
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  • JamieLKH
    ·02:23
    nice analysis and thank you for sharing. What's the price that you'll consider adding to your position?
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  • 1PC
    ·11-03 23:04
    Nice Sharing 😁 Chong - Ah [LOL]. @Aqa @JC888 @Barcode @koolgal @DiAngel @Shernice軒嬣 2000
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  • Sporeshare
    ·08:28
    I think can wait for the results released then see how it fares.
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