23-02-2023, 11:08 AM
What happened? 
[Image: https://i.gifer.com/7ZqO.gif]
![](https://i.imgur.com/CLvY2jA.png")
UOB Share Dropped 4.5% This Morning…
![[+]](https://sgtalk.net/images/bootbb/collapse_collapsed.png)
![[Image: 2-B6-A929-F-16-D4-4626-A7-C8-E02-A9479966-B.png]](https://i.ibb.co/0BDZn38/2-B6-A929-F-16-D4-4626-A7-C8-E02-A9479966-B.png)
![[Image: 444-E15-E2-999-C-4280-AEFE-40259642-B161.png]](https://i.ibb.co/mJrnwGN/444-E15-E2-999-C-4280-AEFE-40259642-B161.png)
23-02-2023, 11:34 AM
remember u must learn the difference between Money and Currency
at 3pm must balance
at 3pm must balance
![[Image: Screenshot-2023-02-23-at-11-37-23-US-Dol...ge-and.png]](https://i.ibb.co/xXpRTbY/Screenshot-2023-02-23-at-11-37-23-US-Dollar-Singapore-Dollar-FOREX-USDSGD-FOREX-Foreign-Exchange-and.png)
23-02-2023, 11:38 AM
23-02-2023, 11:39 AM
23-02-2023, 11:49 AM
Kateks at work. Last year's profit was a record for UOB, but kateks instead spread the news that the results missed expectations.
23-02-2023, 11:52 AM
Is this the reason for the fall?
The bank set aside more provisions for potential bad debt, to the tune of $184 million, from higher specific allowance on “a few non-systemic accounts”.
The bank set aside more provisions for potential bad debt, to the tune of $184 million, from higher specific allowance on “a few non-systemic accounts”.
23-02-2023, 12:37 PM
Dont be fooled by massage number. 
Rate hike will kill their profit.
Rate hike will kill their profit.
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
23-02-2023, 01:36 PM
23-02-2023, 01:42 PM
(23-02-2023, 01:36 PM)dynamite Wrote: How you know? You have supernormal powers?
https://www.google.com/amp/s/www.theedge...y-cgs-cimb
23-02-2023, 01:43 PM
(23-02-2023, 01:42 PM)winbig Wrote: https://www.google.com/amp/s/www.theedge...y-cgs-cimb
I do not trust these mainstream news and from "analysts"
23-02-2023, 01:44 PM
Sell on the news lah ....so many waiting by tye side to sell when good news released.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
23-02-2023, 01:49 PM
23-02-2023, 01:56 PM
After watch the 2 banks, many want to sell ocbc in advance.
But it may not happen.
It will be a good laugh if it goes up instead.
But it may not happen.
It will be a good laugh if it goes up instead.
23-02-2023, 02:57 PM
Many of u don't want to learn the difference between money and currency
You r advice to look in the direction of sotong One world gov.
PAYNOW is now PAYindia
You r advice to look in the direction of sotong One world gov.
PAYNOW is now PAYindia
![[Image: Screenshot-2023-02-23-at-15-05-10-Spot-Gold.png]](https://i.ibb.co/vmx5fGq/Screenshot-2023-02-23-at-15-05-10-Spot-Gold.png)
![[Image: Screenshot-2023-02-23-at-15-08-38-US-Dol...ge-and.png]](https://i.ibb.co/2g9Y5nq/Screenshot-2023-02-23-at-15-08-38-US-Dollar-Singapore-Dollar-FOREX-USDSGD-FOREX-Foreign-Exchange-and.png)
23-02-2023, 03:15 PM
23-02-2023, 03:35 PM
23-02-2023, 04:25 PM
FD rates also drops
No weapons that forms against me shall prosper
No tongue that rises against me I shall condemn
☝️
23-02-2023, 05:40 PM
High interest rate no one dare to borrow.. bank need to pay high FD rates… only cum gong dare to holding/buy at current prices..
23-02-2023, 05:44 PM
Rate hike good for the bank
One percent rate hike is +2 billion profit per annum for dbs bank roughly
So other local bank should be positive too
and there's prolly another 75 bp to go this year
Remember a year ago fed interest rate was near jilo, now around 4++
So is a few billions extra income, easy money for the banks
One percent rate hike is +2 billion profit per annum for dbs bank roughly
So other local bank should be positive too
and there's prolly another 75 bp to go this year
Remember a year ago fed interest rate was near jilo, now around 4++
So is a few billions extra income, easy money for the banks
23-02-2023, 05:49 PM
(23-02-2023, 05:44 PM)jameslee58@hotmail.com Wrote: Rate hike good for the bank
One percent rate hike is +2 billion profit per annum for dbs bank roughly
So other local bank should be positive too
and there's prolly another 75 bp to go this year
Remember a year ago fed interest rate was near jilo, now around 4++
So is a few billions extra income, easy money for the banks
they need to pay high interest rates also lampar par lan tio boh .. if less borrowing then how ?!!
23-02-2023, 05:54 PM
EX-DIVIDENT
NORMALLY PRICE WILL DROP TO THE AMOUNT OF DIVIDENT PAYOUT
NORMALLY PRICE WILL DROP TO THE AMOUNT OF DIVIDENT PAYOUT
23-02-2023, 06:32 PM
(23-02-2023, 05:49 PM)cwc29 Wrote: they need to pay high interest rates also lampar par lan tio boh .. if less borrowing then how ?!!MAS has set pre-requisite on banks. They are not supposed to lend more than their borrowings. That’s why banks always give high interest rates to lure customers in order to increased their borrowings.
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