Which Singapore Bank Has The Best Value For Investors? | DBS, OCBC, UOB

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  • แนวปฏิบัติและการใช้ชีวิต

ความคิดเห็น • 89

  • @limpc2321
    @limpc2321 2 ปีที่แล้ว +1

    Fully appreciate for your valuation, I can see the distinction in my group assignment :)

  • @vincentlim1160
    @vincentlim1160 2 ปีที่แล้ว +7

    Great analysis and breakdown! While all 3 banks are doing great and doing us proud to be the top banks in the world, we also noticed these banks, which are cyclical by nature seems to be trading at the historical high price and p/b value. Would a new investor be better off when we attempt to enter when they are trading below p/b = 1 (with a slightly more safety margin)?

    • @learnwithstanley
      @learnwithstanley  2 ปีที่แล้ว +2

      Hi Vincent, ya, buying a well-run bank below 1x BV can be a bargain. But the issue is just they very rarely trade below book value in normal times.

  • @mindtwister1984
    @mindtwister1984 2 ปีที่แล้ว +3

    Excellent 11mins comparison of the 3 banks! Each has its own strength. I would choose DBS for its foreign play. OCBC for its wealth management. And UOB for Mr Wee astute proven foresight. Hahaha...it is no wonder, the charts mirror their almost equal performance despite their different strength.

    • @moneyzg3838
      @moneyzg3838 2 ปีที่แล้ว

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  • @yihuchan3777
    @yihuchan3777 2 ปีที่แล้ว +2

    DBS and OCBC would be my pick

  • @arivazhagansomithukrisnan2625
    @arivazhagansomithukrisnan2625 2 ปีที่แล้ว

    Hi like to OCBC bank and UOB bank like the bank 👌👌👍👍👌👌

  • @stephenhall4115
    @stephenhall4115 2 ปีที่แล้ว

    Thanks, very interesting.

    • @moneyzg3838
      @moneyzg3838 2 ปีที่แล้ว

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  • @ste4539
    @ste4539 2 ปีที่แล้ว +8

    Although DBS is having higher ROE, I think this should be analysed together with Debt/Equity, a company may use debt to boost their returns hence having higher ROE. Fyi.. DBS's D/E is also double as compared to OCBC and about 20% higher than UOB as well. That might be one of the reasons DBS is having higher ROE with aggressive expansion by using debts.

    • @vikashranjan2404
      @vikashranjan2404 2 ปีที่แล้ว

      Qq

    • @moneyzg3838
      @moneyzg3838 2 ปีที่แล้ว

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    • @moneyzg3838
      @moneyzg3838 2 ปีที่แล้ว

      @@vikashranjan2404
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    • @AhWing89
      @AhWing89 2 ปีที่แล้ว

      Thanks for the info bro

  • @user-fh3pl6qk2y
    @user-fh3pl6qk2y 9 หลายเดือนก่อน +1

    of my understanding, isn't it that both UOB Privilege banking and DBS treasures have both increased the requirement of minimum balance of SGD$350000? OCBC Premier banking still remains as SGD$200000.

  • @gladiatorninja1222
    @gladiatorninja1222 2 ปีที่แล้ว +1

    Hands down UOB

  • @teo88888able
    @teo88888able 2 ปีที่แล้ว

    DBS‘ succession is ? ? ? ?

  • @g2gcio
    @g2gcio 2 ปีที่แล้ว

    DBS, UOB & OCBC is my ranking 🙌🏻

    • @moneyzg3838
      @moneyzg3838 2 ปีที่แล้ว

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  • @jenskellmann
    @jenskellmann 2 ปีที่แล้ว +3

    Interesting. Good Video.
    I myself own shares of UOB.
    I am very optimistic.
    Greetings from Germany

  • @mrpolarbearrrrr
    @mrpolarbearrrrr 2 ปีที่แล้ว

    Investing in singapore stocks is as good as not investing.

  • @lioneldude
    @lioneldude ปีที่แล้ว

    Wish you can do a dcf valuation instead to calculate their fair value

    • @learnwithstanley
      @learnwithstanley  ปีที่แล้ว

      sure you can try it out. I have chose against it because DCF valuation is based on many assumptions and it really depends on the investor's own expectation of the company to come up with a valuation to suits you.
      But the more important reason for me is that financial companies like bank does not generate income based on cash flow. So using DCF might not be that applicable for them. Instead their value come from their loan books and managing their risk.
      So sometime like a book value seems more appropriate for me :)

  • @popocucu7749
    @popocucu7749 2 ปีที่แล้ว

    Buy all with different weightage

    • @learnwithstanley
      @learnwithstanley  2 ปีที่แล้ว +1

      Haha smart. Or maybe just buy the STI ETF

  • @acchan9920
    @acchan9920 2 ปีที่แล้ว

    Good information. Thank you.

  • @twong6531
    @twong6531 2 ปีที่แล้ว

    You serious in your numbers? DBS Consumer Banking/Wealth does 5.8bln, its IBG/corporate banking does 5.7bln and its Treasury does 1.4bln. Yet, you said their Treasury No1 ?

    • @learnwithstanley
      @learnwithstanley  2 ปีที่แล้ว

      Hi you can check the numbers on their 2020 annual report page 131, note 4 to 9 where they break it down.
      A big part of what you mentioned is all lump under interest income, which I mentioned is indeed the largest contributor

    • @twong6531
      @twong6531 2 ปีที่แล้ว

      @@learnwithstanley wrong to categorise it this way. Just go the performance summary page 14. IBG contributed 42% profits before tax, Consumer Bkg 37.6% Treasury 14.6% Your assumptions are totally wrong

  • @philipneo3197
    @philipneo3197 2 ปีที่แล้ว +1

    If i can afford i will buy all 3 banks 😁👍👌

    • @moneyzg3838
      @moneyzg3838 2 ปีที่แล้ว

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  • @coclim5712
    @coclim5712 2 ปีที่แล้ว +1

    My pick is OCBC…

    • @moneyzg3838
      @moneyzg3838 2 ปีที่แล้ว

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  • @1sexymary
    @1sexymary 2 ปีที่แล้ว +1

    UOB has least exposure to china

    • @moneyzg3838
      @moneyzg3838 2 ปีที่แล้ว

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    • @moneyzg3838
      @moneyzg3838 2 ปีที่แล้ว

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  • @teo88888able
    @teo88888able 2 ปีที่แล้ว

    DBS
    STILL UNSURE OF ITS OWN BRAND
    AND DARE NOT STOP THE
    PIGGY-BACKING ON
    POSB
    ha Ha HA HA

    • @moneyzg3838
      @moneyzg3838 2 ปีที่แล้ว

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    @maryrich7873 2 ปีที่แล้ว +10

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