Star in the Sky
04-10
Valuation is just a guide. During current market situations, buy the dip and sell when the price rebounds.
Capital gain is much more important than dividend...
If you want the dividend, can consider to buy in 1 week before xd.
UOB, DBS, OCBC: Can Earnings Offset Lower NIMs?
3 SG banks will release earnings since May 7. Analysts expect DBS and OCBC net income to decline yoy. DBS is likely to report a 4.4% y-o-y decline in net income of $2.95 billion while OCBC's net income is expected to drop by 5.7% y-o-y to $1.98 billion in the 1QFY2025. Meanwhile, UOB will see its net income increase by 1.1% y-o-y, albeit its slowest pace of growth since 2QFY2024. Rate cuts may lead to softer net interest margins (NIMs) across all three banks, which may weigh on interest income. --------- How do you expect three bank earnings? Are declining NIMs already priced in the stock?
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