Which Bank Shares to Buy? 🤫UOB or OCBC or DBS?
ฝัง
- เผยแพร่เมื่อ 21 ธ.ค. 2020
- MORE RECOMMENDED VIDEOS
Watch video on SHOULD DBS, UOB, OCBC BE WORRIED ABOUT THE NEW DIGITAL BANKS? : • SHOULD DBS, UOB, OCBC ...
Watch video on Is DBS Shares A Buy After This Sell Down? 😯 - MAS Caps Dividend Rates For Banks and What To Expect! • Is DBS Shares A Buy Af...
Watch video on Buy OCBC shares 🤔 or STI ETF or SG Fund, which is better? • Buy OCBC shares 🤔 or S...
✅ Get 1 Free Apple Share, SGD 30 Cash Coupon & Commission-Free Trading with FUTU SG Securities Account With moomoo and at least SG$2,700 deposit: j.moomoo.com/004zzY
✅ Engage JOSH TAN on a FEE to build towards for your retirement, achieve your breakthrough TODAY: www.theastuteparent.com/josh-tan ✅
*******
Summary
These 3 banks #uob #ocbc #dbs see a similar NET INTEREST MARGIN (NIM) which is core to revenue.
Will there be an impact coming from Digital banks coming on in 2022?
UOB is focused on south east asia. 27% comes from SEA
OCBC has 14% from malaysia and 20% coming from greater china. It owns 87% of great eastern holdings. It has the highest non interest income of the 3 banks
DBS has 63% revenue from Singapore which is the highest of the 3 banks. It also has 5 other key markets and seem to be growing their India operations.
In this tutorial, you'd get my answer as to which bank seems the most innovative =)
And which bank has the highest growth in wealth management business!
But as always, if unsure which bank shares, investing into STI ETF is a simple approach to get exposure to all 3 banks.
*******
Good read on digital bank Keynote address by Mr Tharman Shanmugaratnam www.mas.gov.sg/news/speeches/...
*******
We do not make any recommendations on whether a security is a buy/sell as every investor has different investment goals and risk profiles. The presentation of ideas from Josh Tan and TheAstuteParent are strictly for education purposes. You are advised to perform independent research yourself or seek a qualified financial adviser. We will not be liable for any losses directly or indirectly from the material.
*******
____________________________________________________________________________________________
About Josh:
Josh holds a degree in Accounting from NTU.
In 2016, he co-founded the financial education website TheAstuteParent to provide detailed insurance plan analysis and financial planning tips to help you kickstart your journey towards financial freedom.
As a ChFC Charterholder, Josh has agreed to be bounded by the ChFC®/S Code of Ethics. This includes, among others, acting in a professional manner when it comes to conducting due diligence on primary and secondary sources of investment-related data, and articulating his investment opinions based on his research and beliefs. Based on his research and analysis, he highlighted his beliefs and opinions, and illustrated the concept of time value of money, as of the time of the video. No products were advertised.
✅ To learn more on financial planning and insurance concepts, visit theastuteparent.com
✅ For Tiger Brokers Account With Free Stock Vouchers: www.tigersecurities.com/accou...
✅ Connect professionally with JOSH TAN via LinkedIn now: / josh-tan-jl
✅ For REIT Investing and passive income discussions, JOIN Telegram group "PASSIVE INCOME 2.1k" here - t.me/pi21k
✅ Engage JOSH TAN on a FEE to build towards for your retirement, achieve your breakthrough TODAY: www.theastuteparent.com/josh-tan
✅ JOIN to get access to ideas/deals described in private videos!
A) GAIN OF MORE THAN $10,000 YET HOLDING TO MY BIGGEST HOLDING MOVING TO 2021...
B) SNIPER THEORY - Reactions to it
C) Opportunity In The Singapore Residential Property Market? 😢 Here's Why Maybe Not
/ @joshconsultancy
![ถ้าเธอไม่รักทำไมไม่บอกฉัน - PAPER [ Musicvideo ]](http://i.ytimg.com/vi/pfeBhDda7m4/mqdefault.jpg)
Why buy sg stocks? Ten years ago and today same share prices
THX YOU FOR TGE INFO
Cya around more Ted
Thanks Josh for your research on our local banks. Very helpful information for people to make informed decisions on what to buy. :)
Sure Edmund! I’d intend to relook at banks in the coming weeks ahead again. Subs and Cya around more.
Most newbies fail simply because they don't understand how the market works in general or in particular how the market relates to stock/forex or currency pair they entering. If a retail trades doesn't grasp what the market makers are doing and when they are doing it, the greatest strategy in the world will fall. For new traders the markets are like entering an F1 race before you've passed your drivers license test. One more advantage is the possibility to benefit from repetition. Without this type of strategy, you probably won't know what worked or why it worked and even if you did, it would be hard to repeat therefore for you need a perfect mentor to teach you perfectly to enable you invest and trade accurately on your own, which i highly recommend you Mr Hercules He guides me with the exact time frame to trade and now I just received my first withdrawals of $30k in my bank account today I'm very happy, my advice is for you to contact him he will guide you perfectly well, and thank me later, I guess this is a good way to show my heartfelt appreciation for literally breaking the chain of my financial debit when I needed it most, you can contact him on his email 📧
(elvishercules48@gmail.com
Thanks for the comparison, Josh.. might pay a bit more attention to DBS now.
👍 cya around more A Low
Excellent analysis. As a kiasu Singaporean have all 3 with max in OCBC. 😂
Thanks RNV! Cya around more!
Excellent analysis. Thank you for sharing!
On a side note, I find the audio quality better in this video. Thumbs up!
Might be the mic position, Thanks Kevin!
My pick is OCBC cos over the past 40 years, OCBC has been the most conservative which is best when facing recession.
OCBC also have less exposure to China. Wing Hang Bank is HK local bank.
OCBC has a bigger contribution from insurance biz. Great Eastern is the cash cow.
OCBC is little or no exposure from India, which is a difficult market to crack.
Hey Josh, good review on the banks. They are all worthy investments. 👍
No probs Sean =)
Starting cpf investing soon. just wondering if going into uob / ascendas reits. i have friends who are just aiming to beat the 2.5% in OA by relying on dividends. based on p/e ratio i can see ascendas is better. but based on the track record i believe uob is better. i think not really relying on dividends. there are many materials out there and they are so confusing. on a side note ascendas is paying dividends on the 9th if i recall correctly.
Hi Kairos, smash the SUBS! Ascendas tutorial is in the pipeline and get notified =)
Hey josh, was wondering if u can do a video on how we can I buy crypto in singapore? Just a small portfolio.
Hi SF, yes will be a topic in 2021. Subs and stay tuned =)
Nice analysis! Wondering if the digital banks will not impact these 3 major banks by a lot, then does that mean we would not see Singtel grow even with the Singtel-Grab digital bank licence?
Hi Npw, great to cya around. Singtel-grab is going to be very small to Singtel’s overall portfolio
Can you do a video on CGN mining ? Thanks
Hi Thomas, not familiar with it. What have you found in them?
Three banks is good because I got the three bank account all services is like families guidelines by Singapore government strict policy.
Hi Nyoon Wee, agree. For simplicity to get all 3, use STI will do =) Cya around more ya
The bank stock prices are at record high today. Is it wise to take profit?
Hi Elaine, cant advice on personal buy sell. Ive a sharing coming soon on bank biz updates, stay tuned
Can u make a video on singlife investment? Is it worth investing?
Hi youdontsay, from surface, it doesn’t seem anything revolutionary. Maybe when Singlife massively improve it in future maybe :).
Smash the like and cya around more ya
Hmm. Seems like you are convenience that DBS's Cryptocurrency is a huge potential. So, How we can start to invest in this Crypto?
Hi Alpha, Ms Tan DBS mentioned some blockchain related stuff. I'm not an expert on the subject but I think its a good idea from DBS to get started
what is the current price of DBS share
Around $25 now? Look long term and past current share price, cya around more Jayaprakash =)
Do you think Dow is too high now and will have a correction very soon? Should I wait for it?
Hi Dennis, Dow is on historical
Average arguably expensive. No one knows where the market is heading next week. I’ve this previous investing mindset tutorial on “should I invest now or wait” th-cam.com/video/3unroJje_Qc/w-d-xo.html
How will the distress India bank affect DBS profitability with the hundreds of Sing dollar losses every year for the past so many years? How will the compensation to the Indian bank shareholders affect DBS valuation? How will the compensation to the missing Fixed D in the distressed Indian bank that DBS now have to cough out affect DBS P&L? Will all these uncertainties bring DBS to its knees like how Airtel brought Singtel to its knees to report its first ever loss?
Hi M178, the Indian bank is worth very small. Just like any distress asset, it is cheap because it’s hard to turn around. Cya around more ya
Precisely my point. The losses by the Indian Bank is hundreds of millions Sing dollar every year consistently. And the value of the Indian Bank is small. Kind of counter intuitive. And how would the losses by the Indian Bank affect DBS PE ratio?
@@milo178 my guess it fits the overall strategy to build market share in that part of india and buy user base. Hope it works =)
This is not a new question. For me, I stick to DBS Bank.
Hey Lingo, nice! What are your thoughts on DBS?
Difficult to break into india. Lots of politics involved.
Hi paramaeswary, not easy. Potential is huge based on population. Lets see how CEO tries to strategise in that geographical segment. Cya around more ya
Imho all 3 are crap
Hi Lester, prefer constructive comments. If your POV is they are not good businesses because... or they are not as good as ... because... . Much preferred thanks
buy china bank stocks!!!
Hi tgymartin, theyve underperformed in the last year or two. But what are your thoughts?