hv joined u with OCBC. Bought yesterday done.

my 1st Banking stock .

Today is shopping spree. Trim all unwanted counters.

Topped up those with potential - dont wan keep odd units. Make all counters in thousand.

Finally can have more units in ocbc, Suntec, Capital Mall.

Me too. This is my second banking stock after DBS.

Is dbs good ? Have u accumulated at least a thousand units. Like me, for ocbc, it takes few times to accumulate a thousand coz rm to sg is expensive nowadays.

I will start with ocbc counter first. What banking stock would be next? Hmmm dbs or uob.

This post has been edited by prince_mk: Jun 15 2016, 09:29 AM

https://www.fool.sg/2016/01/04/the-best-sin...016-and-beyond/


hmm... UOB lor... if u want add banks. according to above article.



However base on yield.. OCBC is a bit better...

http://www.topyields.nl/sti-best-dividend-stocks/





This post has been edited by elea88: Jun 15 2016, 10:04 AM

If you want to have maximum returns, banking stocks are not the way to go. Having banking stocks will give you 'non-liquidation security', but beyond that, banking stocks do not really create a lot of value for shareholders.

More of other counters will.

i agree... low in yield.. Price also YOYO.
however i already very heavy in REITS .

So, just for diversification... bought OCBC for long term holding.

This post has been edited by elea88: Jun 15 2016, 03:58 PM

Banking stocks is good and can create "value" or "inflation hedge" when the economy is having inflation.
But Sg is having a threat of deflation currently instead inflation.

Banking sector is best to invest when there is a financial/economy crisis, as banking stocks generally are the one hardest hit during difficult time, due to nature of its business that using leverage to operate.

Ooo..I have misconception abt it. Thanks Hansel.

Hansel

Can u share the url so that I may read up d research paper like you uploaded above.

Just sharing .

IPO - UNITED GLOBAL LIMITED


We have received invitation to subscribe for the placement tranche of United Global Limited ("UGL"), a Singapore-based, established independent manufacturer of lubricants. Please refer to attached factsheet for financial highlights.

Issue Manager is Canaccord Genuity Singapore Pte. Ltd. and Joint Placement Agents are SAC Capital Private Limited and Haitong International Securities (Singapore) Pte. Ltd.


Please let me know your interests by 12pm, 17th June 2016 (Friday)

Indicative Issue Statistics
Issue size : 42.8m new shares
Issue price : S$0.25
Gross proceeds : S$10.7m
Market cap : S$70.7m

Indicative Timetable
IPO registration : 28 June 2016
Settlement date : 30 June 2016
Closure of Public Offer : 5 July 2016, 12 noon
Commence trading : 8 July 2016, 9 am


Fees:
Commission ( payable by client): 1% + GST
CDP transfer fee: $10.70

e.g. 10,000shares x $0.25= S$2,500, 1% comm + GST = $2,526.75 + $10.70 (CDP fee) = $2,537.45


You may access the below website for UGL's preliminary offer document.
http://www.sgx.com/wps/wcm/connect/sgx_en/...+Global+Limited

I agree with the second para, only thing is we're actually betting on price increases on the upturn. I don't really see price appreciation during a recovery or upturn as creating value for shareholders, that's why I say banks do not really create values for shareholders, compared to many other counters.

Bro prince,... what you see in my earlier post is the only line I have, that's all to it,...

Looks like the euphoria of First REIT shifting to the Jakarta Stock Exchange has died down once and for all,.... the price is slowly picking up again.

Touched 1.27 today,....

I am just a small investor with little financial knowledge not an expert. Pls don't follow me. I bought DBS just because so happen that day the price fell below SGD13.50 and I thought it was the right price.
Investing in Reits, I worry that rights issue and private placement will cause the share price to drop like what happen to Croesus.
Furthermore, there are headwinds in property sector. That's why I diversify into banking stocks especially when the price is right.

If property sector sank, banking sector will follow suit one, as bulk of banks' loan are related to property sector in most countries.

So they are inter-related.

Well, to start off, investing in banks will give you the feel and the confidence.

Good knolwdge there, knowing that there are risks with adding more units into the unit base of a REIT. Hence, one must choose the REITs which have strong sponsors who will be able to divest quality assets into the REIT, at lower than market value, which then allow banks to loan more, without the REIT needing to give out units.

It's a complicated formula there, and a REIT which can structure such a formula is the one that will be able to create the highest value for unitholders. And such are the REITs that we must uncover out there.

I noticed that IREIT Global seems to be gaining more confidence since listing,... and the financial performance is getting better and better too,....

But they did a Rights Issue last year,....

Thanks for the heads up, Hansel. You are a very kind person.

Good luck, bro,... attend my talk on of these days,...