Singapore’s second-largest bank, Oversea-Chinese Banking Corporation (OCBC), has reported a smaller-than-expected rise in fourth-quarter profit, citing expectations of moderated loan growth in 2025. Alongside this, OCBC unveiled a S$2.5 billion capital return, but it remained the only Singapore bank to miss analysts' forecasts in what was otherwise a strong earnings season for local banks. In contrast, DBS Group Holdings (DBS) and United Overseas Bank (UOB) exceeded expectations, delivering multi-billion capital return packages. Their strong financial performance propelled their share prices to record highs, reinforcing their positions as dominant players in Singapore’s banking sector. Should Investors Buy Singapore Bank Stocks Now? Personally, I won’t be buying Singapore bank stocks at cu

DBS's earnings are expected to be better than OCBC's, with a more positive outlook going forward. DBS Earnings Performance - DBS reported a 6% increase in core quarterly profit, missing expectations due to higher provisions for bad debt charges. - However, DBS's net profit was still higher than OCBC's, reaching S$973 million. - DBS's recent first-quarter results exceeded expectations, with net profit jumping 15% from the same period a year earlier to S$2.96 billion. - DBS expects net profit to grow this year, exceeding last year's record result. OCBC Earnings Performance - OCBC beat analysts' forecasts by posting an 8% rise in quarterly profit, helped by strong loan growth. - OCBC's net profit reached S$715 million. Outlook Going Forward for DBS  - DBS is expected to maintain its stro

The Singapore stock market rarely lacks drama, and the latest earnings season has certainly provided its fair share. Two major players—Genting Singapore and Seatrium—saw their stocks dip following their financial reports, while Singapore Airlines (SIA) posted robust earnings. The key question now: is this a dip-buying opportunity, or is capital better deployed elsewhere? Global travel and investment—where aviation meets financial ambition Genting Singapore: A Weak Hand or a Winning Bet? $Genting Sing(G13.SI)$, the operator of Resorts World Sentosa, reported a 34% drop in second-half net profit, falling to S$222 million. At first glance, this may seem like a cause for concern. However, gaming revenue actually rose 26% quarter-on-quarter (QoQ), th

$Seatrium Ltd(5E2.SI)$ have not been giving much confidence to investors for most of 2024, after we saw Seatrium Limited, formed in 2023 through the merger of Sembcorp Marine and Keppel Offshore & Marine. It has emerged as a global leader in offshore and marine engineering. With expertise spanning oil and gas, renewables, and cutting-edge marine technology, Seatrium is uniquely positioned to capitalize on the global energy transition. I would think that for investors seeking exposure to sustainable infrastructure and maritime innovation, we could look at Seatrium as it offers compelling opportunities but also considering the risks, I would think both are worth evaluating. Riding the Green Energy Wave The global shift toward renewable energy

$UOB(U11.SI)$ reached an all-time high today after releasing its earnings report but later closed down 0.2%. Over the past eight quarters, UOB has posted gains on earnings day only twice.data from bloombergNII Beats Plus $2 Billion Buyback: Management Boosts Market ConfidenceRevenue miss: SGD 3.461 billion, missing the estimated SGD 3.587 billion (missed by 3.51%), up 1.5% YoY.data from bloombergNet Income beats: SGD 1.52 billion, beating Bloomberg’s estimate of SGD 1.48 billion, up 1.54% YoY.Net Interest Income beats 3%: SGD 2.451 billion, exceeding the expected SGD 2.378 billion (beat by 3.08%), continuing a modest growth trend over the past four quarters.Final dividend of SGD 0.92 per share and a special dividend of SGD 0.50 per share, to be

🟩 🦖 Are you considering OCBC stock at $17? Join Iggy on The Investing Iguana as we break down this hot topic packed with insights for investors. Whether you're looking for stable dividends, navigating ASEAN growth markets, or making savvy investment decisions, this video is your go-to guide! $ocbc bank(O39.SI)$ ✨ Shedding light on OCBC's bold moves in Southeast Asia and its digital transformation, we explore how the bank is adapting to modern banking trends while offering a strong 5.4% dividend yield. Discover how OCBC stacks up against DBS and UOB, and why its 10.4x PE ratio makes it a potential value pick. But it’s not all smooth sailing—regional risks, interest rate shifts, and digital disruptors are factors to consider before adding OCBC to

UOB to Lower Interest Rates on Flagship Savings Account "One Account" Based on Rate ExpectationsStarting from May 1, the maximum interest rate for the first S$150,000 will be reduced from 4% to 3.3% per annum.This marks the second consecutive year that UOB has lowered the interest rate on its One Account. Prior to May 2024, the One Account offered a maximum annual interest rate of up to 5% on deposits of up to S$100,000.The bank has also joined OCBC in lowering the interest rates on its flagship savings accounts this year.Earlier in March this year, OCBC announced that it would lower the interest rates on its 360 Account in line with prevailing market conditions.Starting from May 1, the maximum effective interest rate for the first S$100,000 in the 360 Account will be reduced from the curr

$ocbc bank(O39.SI)$ dropped 2% today following the release of its earnings report. While OCBC remains a top performer, its rivals performed better.For the full year 2024, the bank's net profit reached S$7.59 billion, an 8% yoy increase. However, Q4 net profit was S$1.69 billion, a 4% yoy increase, which missed analysts’ expectations of S$1.81 billion (a 6.6% miss), making OCBC the only one of Singapore’s three major banks to fall short of expectations. This stands in stark contrast to $DBS Group Holdings(D05.SI)$ (+10% met expectations) and $UOB(U11.SI)$ (+9% exceeded expectations).For the full year, net interest income hit a record high of S$9.76 billion (

$Genting Sing(G13.SI)$, a leading integrated resort and casino operator, is set to announce its fourth-quarter earnings on February 20, 2025, before market opening. As of February 17, 2025, the stock is trading at S$0.78. Analyst Expectations Analysts forecast a modest earnings per share (EPS) of S$0.02 for Q4 2024, a slight increase from the S$0.01 reported in the same quarter last year. Key Drivers Positive Factors: New Attractions: The recent opening of the Minion Land at Universal Studios Singapore on February 14, 2025, is expected to boost visitor numbers and spending. Stable Gaming Revenue: The casino segment continues to perform well, contributing significantly to overall revenue. Negative Factors: Economic Uncertainty: Global economic ch

$SIA(C6L.SI)$ Singapore Airlines (SIA), a leading global carrier, is scheduled to announce its third-quarter earnings for the fiscal year ending March 2025 on February 20, 2025, before market opening. As at time of writing on February 19, 2025, the stock is trading at S$6.40. Analyst Expectations Analysts project a core net profit of S$550 million to S$600 million for the October-December 2024 quarter (3QFY3/25F), marking an improvement from the S$367 million average per quarter in the first half of FY25. This positive outlook is attributed to several key factors: Decline in Jet Fuel Prices: A reduction in fuel costs is expected to enhance profitability. Seasonal Passenger Demand: The holiday season typically boosts passenger traffic and yields.

$DBS Group Holdings(D05.SI)$ has once again made headlines, reaching a record high on Monday following its strong Q4 earnings report and an upgraded 2025 net interest income (NII) outlook. Singapore’s largest bank now expects 2025 NII to slightly exceed last year’s S$15.04 billion, contradicting its previous projection that NII would remain flat. This bullish guidance, combined with a dividend capital return plan, has fuelled investor optimism and propelled DBS stock to new heights. But the key question now is: Can DBS sustain this rally, and will $ocbc bank(O39.SI)$ and $UOB(U11.SI)$ follow suit? Breaking Down DBS’s Strength: Why Is It Soaring? Several fac

The Singapore Exchange (SGX) is a key player in the Southeast Asian financial market, and its performance is closely tied to the overall economic health of the region. While the SGX itself is expected to continue its growth trajectory, the outlook for specific companies listed on the exchange varies depending on their industry and individual circumstances. Seatrium: A Bullish Outlook Seatrium Limited (SGX: S51), formerly known as Sembcorp Marine, has recently undergone a merger with Keppel Offshore & Marine Limited. This merger has created a leading provider of comprehensive engineering solutions for the global marine, energy, and offshore industries.  Analysts are bullish on Seatrium's stock, anticipating that its significant contract backlog will contribute to enhanced earnings

🌟🌟🌟DBS $DBS Group Holdings(D05.SI)$  is set to release its Q4 24 earnings on Monday February 10, before the market opens.  On January 8, DBS reached its all time high at SGD 45.44 but since then it has retraced and closed at SGD 44.32 on Thursday. Is DBS A Buy Ahead of its earnings next week? In Q3 24, DBS announced an excellent earnings report with its net profit rising to 15% to surpass SGD 3 billion for the first time.  DBS' 9 month net profit was up 11% to a record SGD 8.79 billion with Return on Equity at 18.8%. The increases were driven by Balance Sheet growth, record fee income led by wealth management, higher treasury customer sales and the strongest market trading income in 10

The board of United Overseas Bank (UOB) has announced a S$3 billion plan to distribute residual capital over the next three years, aiming to reduce excess capital.The bank proposed a special dividend of S$0.50 per share in two tranches in 2025—distributing S$800 million of UOB's residual capital.The company also introduced a S$2 billion share buyback program to repurchase shares from the open market and cancel them over the next three years.UOB reported on Wednesday (February 19th) that its net profit for the fourth quarter ending December 31, 2024, was S$1.52 billion, an 8.6% increase from S$1.4 billion in the same period last year.UOB CEO Wee Ee Cheong said at the bank's fourth-quarter earnings briefing on Wednesday, "Our disciplined approach to pursuing long-term growth in a steady mann

🟩 🚀 **Singapore Budget 2025: Boosting DBS, OCBC & UOB Stocks!** Join Iggy on the Investing Iguana channel as we dive into how Singapore's Budget 2025 is shaking up the financial scene and boosting DBS, OCBC, and UOB stocks. This video is packed with insights for investors like you, shedding light on the game-changing tax rebates, grants, and household benefits powering these banking giants. Whether you're looking to make smarter investment decisions or understand the economic strategies shaping Singapore, this breakdown has you covered. 💡 **What's Happening?** - Budget 2025 offers a 50% corporate tax rebate (up to SG$40,000) and SG$2,000 grants, giving businesses the cash flow boost they need. - Households are stepping up with SG$800 CDC vouchers and utilities rebates of up to SG$760,

Question 1: Will SIA and Genting Singapore Benefit from the Tourism Industry? Yes, but with risks. -SIA (Singapore Airlines) Tailwinds: Surging air travel demand (Asia-Pacific int'l traffic at ~90% of pre-pandemic levels), premium cabin demand, and elevated cargo rates. Strategic partnerships (e.g., Air India) expand reach. Risks:High fuel costs, potential overcapacity in regional markets (e.g., Chinese airlines), and geopolitical tensions disrupting routes. Genting Singapore (Resorts World Sentosa): Tailwinds:Strong return of Chinese tourists (post visa relaxations), luxury-focused offerings, and non-gaming revenue (events, attractions). Singapore’s "tourism tax" reinvestment boosts infrastructure. Risks: Regional competition (Macau, Thailand casinos), slower-than-expected Chinese sp

$Wilmar Intl(F34.SI)$   Wilmar is my largest stock holding. As a Fortune 500 company and a global leader in agricultural products, Wilmar has a significant presence in China and India, where it plays a key role in feeding large populations.  The relatively slow pace of technological change in the agricultural sector suggests that Wilmar's business model is unlikely to become obsolete in the future. While profit margins, particularly in China, have been under pressure in recent years due to macroeconomic headwinds, there are signs of gradual improvement.