Elea,...you are absolutely correct on that point, which is also a pull-factor for me whenever I feel like going into the banking stocks. But,...my investing instincts tell me that we still need to have more sturdy counters, and Sgp banks can be regarded as being sturdy enough, reputed to be the strongest in the world. Among the three banks, OCBC happens to be the one which yields the highest now, and if you look at its dividend history, the payout is on a consistent rising trend.

I have plotted the TA for the three banks with a time period from 2008 till now, and the have decided that the first level to buy would be 7.50 for OCBC. Sadly,..I am nit confident that OCBC's price can retrace much further down from 7.50, not in the medium term.

And,...2007/8 levels will be highly impossible to attain.

Edited by adding : Haha,..I just read your articlein the Business Times after finishing the above input. There have been reports saying that OCBC is affected by this and by that, however, the price just refused to fall enough for me to go in...   Still waiting....

At a price of 7.88 today, the yield is at :-

1) 4.31% if the payout is at 0.17 Cts and 0.17 Cts.

2) 4.44% if the payout is at 0.17 Cts and 0.18 Cts, and

3) 4.57% if the payout remains similar to last year's, ie at 0.18 Cts and 0.18 Cts.

Hansel.. TQ for yr analysis...

wouldn't DBS more attractive than OCBC ? div yield almost same with OCBC (4.xx%) but PER of DBS is lower (~8) ...

Yep,...thank you for highlighting,... kinda missed DBS because DBS has always been giving low yield due to it higher price.... will study DBS too.

Elea,...you are absolutely correct on that point, which is also a pull-factor for me whenever I feel like going into the banking stocks. But,...my investing instincts tell me that we still need to have more sturdy counters, and Sgp banks can be regarded as being sturdy enough, reputed to be the strongest in the world. Among the three banks, OCBC happens to be the one which yields the highest now, and if you look at its dividend history, the payout is on a consistent rising trend.

I have plotted the TA for the three banks with a time period from 2008 till now, and the have decided that the first level to buy would be 7.50 for OCBC. Sadly,..I am nit confident that OCBC's price can retrace much further down from 7.50, not in the medium term.

And,...2007/8 levels will be highly impossible to attain.

Edited by adding : Haha,..I just read your articlein the Business Times after finishing the above input. There have been reports saying that OCBC is affected by this and by that, however, the price just refused to fall enough for me to go in...   Still waiting....

At a price of 7.88 today, the yield is at :-

1) 4.31% if the payout is at 0.17 Cts and 0.17 Cts.

2) 4.44% if the payout is at 0.17 Cts and 0.18 Cts, and

3) 4.57% if the payout remains similar to last year's, ie at 0.18 Cts and 0.18 Cts.

wouldn't DBS more attractive than OCBC ? div yield almost same with OCBC (4.xx%) but PER of DBS is lower (~8) ...

Comparison of dbs and ocbc, extracted partly from the edge this week:

Dbs 4.x% dy, p/nav 0.89, per 7.9, price vs 31/12/15 -16%
Ocbc 4.x% dy, p/nav 0.99, per 8.x, price vs 31/12/15 -10%

Both are solid. Concerns are exposure to China, both has around 30%+ loan exposure to China ...

i will nimble both.. slowly... thx for the info.

This morning dbs reported its strongest earnings ever for 2015. But concern is NPL charges went up 17% showed some of its borrowers are struggling, hence outlook is not as rosy as the numbers showed.

Agreed with you Hansel.

yes, i agree.... i look see not yet nimble.
coz today up already in view of their results. so, might not be a good day to go in today.

My hand itchy, nimble some this morning ...

now turning red liao.. DBS.

Any Keppel Corp kaki here ?