OCBC @ $10.11

Buy @ $10.11

New addition to portfolio. 1H Results were out before mkt opened. A quick look at the financials and decided to Jump-Q during AM matching as price were much lower and US mkt was flat the night before… no big fears aro’…. But, STI opened weak and was -60 at one point before closing -47.02 @ 3202.50 (Most Asia mkts were +ve, except for China, continuing it’s drop..). OCBC price was surprisingly strong, compared to DBS & UOB… 😀

1H15

Price

EPS

PE

Div

Yield

NBV

DBS

$ 20.18

$ 1.810

11.15

$ 0.30

  

$ 15.29

32.0%

OCBC Bank

$ 10.29

$ 1.018

10.11

$ 0.18

  

$ 7.80

31.9%

UOB

$ 22.20

$ 1.890

11.75

$ 0.35

  

$ 17.71

25.4%

               

Q215

Price

EPS

PE

Div

Yield

NBV

DBS

$ 20.18

$ 1.780

11.34

$ 0.30

  

$ 15.29

32.0%

OCBC Bank

$ 10.29

$ 1.039

9.90

$ 0.18

  

$ 7.80

31.9%

UOB

$ 22.20

$ 1.840

12.07

$ 0.35

  

$ 17.71

25.4%

               

Q115

Price

EPS

PE

Div

Yield

NBV

DBS

$ 21.40

$ 1.840

11.63

  

  

$ 15.30

39.9%

OCBC Bank

$ 10.27

$ 0.997

10.30

  

  

$ 7.80

31.7%

UOB

$ 22.93

$ 1.930

11.88

  

  

$ 17.88

28.2%

               

FY14

Price

EPS

PE

Div

Yield

NBV

  

DBS

$ 20.18

$ 1.550

13.02

$ 0.58

2.87%

$ 14.85

35.9%

OCBC Bank

$ 10.29

$ 1.025

10.04

$ 0.36

3.50%

$ 7.46

37.9%

UOB

$ 22.20

$ 1.980

11.21

$ 0.75

3.38%

$ 17.09

29.9%

Note : Q115 Price is mkt price on day before results

 

Sell @ $10.19

Decided to contra off… With STI weak, a lot of my other stocks had dropped… Hard decision to sell to free up cash… Closed @ $10.29… 😀

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