Category: UOB

Buy @ $17.48

As posted earlier, a switch from OCBC to UOB… Results were out in AM…

• Q415 Net Profit slightly better (0.3%) vs Q414 but FY15 -1.2% vs FY14
• NAV $17.84 vs $17.49 (Q315) ; RNAV $20.56 vs $20.13 (Q315) ie Improved
• Dividends FY15 = 35ct (Final) + 20ct (Special Anniversary) + 35ct (Interim) vs FY14 = 55ct (Final) + 20ct (interim)

STI closed @ 2644.58, +36.68.

• DBS @ $13,68, +27ct (+2%) ; Range $13.32 – $13.87 (Open @ $13.40)
• OCBC @ $7.77, +13ct (+1.7%) ; Range $7.56 – $7.89 (Open @ $7.66)
• UOB @ $17.81, -4ct (-0.2%) ; Range $17.40 – $17.88 (Open @ $17.70)

The price data may not be too useful as UOB (-22.33%)  had been dropped lesser than DBS (-36.07%) & OCBC (-24.34%) over the past year since I'd monitored. Mkt fears were higher on DBS, OCBC, UOB in this order on their exposure to the slowing China mkt.

I'll be basing my Buy / Sell Price on the NAV from now… 😀

Buy @ $19.62

Add back to my portfolio. xd today plus Paris Terrorist Attacks caused some sell-down in our mkt….

Sell @ $20.68

Decided to sell my last ones at a loss… even after Div = 35ct collected… With both DBS & OCBC -ve and UOB +ve, I wonder if it's being supported by the 20ct Special Div or better Quarterly results? Try for a "short" or a switch… 😀

Sell @ $20.08

Contra off…. Didn't read Q3 results properly, missed out the part on Special Anniversay Div = 20ct… Saw DBS & OCBC being -ve and decided to quickly take profit… Hit a high of $20.48 before closing at $20.33… What a waste! Also didn't managed to switch to DBS or OCBC…  😀

Buy @ $19.99, $19.95, $19.91

Average down my other buy… The magical <$20… but it dropped to a low of $19.88 before closing at $20…. 😀

Buy @ $21.13 to $20.86

A new addition to my portfolio… Weak GDP data + RMB devaluation may have caused STI to drop… Banks, esp DBS & UOB are more badly hit… cd now for Div = 35ct also no support… 😀

 

Sell @ $15.20. Decided to take profit as mkt seems weak.

Buy @ $14.40. Many analysts recommend not to buy bank shares, so, must be good time to buy 😀