Why AK might BUY more OCBC shares?

[@resurrectkick]

Hi AK, great post as usual. If ocbc is going to issue shares for this excess capital, would it not affect their ROE?

[@A.Singaporean.Stocks.Investor.]

I don't think they need to issue more shares. They could declare a special dividend to reduce capital.

[@coclim5712]

Hoseh ocbc privatised GE and announced good result this am

[@A.Singaporean.Stocks.Investor.]

🥳🥳🥳

[@kevinlai6851]

With that high CET ratio of 15.9%, OCBC is a coiled spring. They don't have to pay out more in lock-step with DBS. They can play it safe and pay it out when the coast is clearer a quarter or a year from now.. like you I am happy to wait.

[@A.Singaporean.Stocks.Investor.]

I also like that say. 😋

[@zoomfin]

The 2 family owned banks are more stingy with returns. They are not particularly bothered with whether shareholders like them or not!

[@A.Singaporean.Stocks.Investor.]

😅😅😅

[@resurrectkick]

I like this because it means greater alignment with shareholder instead of pure professional managers in the other big bank

[@Jasmine-vk5yt]

Definitely we gotta dyodd, we hold the responsibility for every trade we execute. The market looks interesting and attractive lately 😊

[@A.Singaporean.Stocks.Investor.]

👌👌👌

[@jaya001us]

Is AK buying more Wilmar shares? Can AK make a video updating your views on Wilmar's current status?

[@A.Singaporean.Stocks.Investor.]

Waiting for $3. 🤭

[@lumvincent7431]

When OCBC XD in May , price likely to soften till june -july . If price drop below $12.30 , might be good chance 4 u 2 buy more . Huat Ah 😊

[@A.Singaporean.Stocks.Investor.]

$12 would be very nice 🤭

[@lumvincent7431]

@@A.Singaporean.Stocks.Investor. i will buy if drop below $11.80 . I'm consolidate my excess cpf OA 2 buy more DBS in Apr .

[@gabrielng05]

I bought OCBC at a low of $11 six months ago and now sitting on some paper gains

[@A.Singaporean.Stocks.Investor.]

🥳🥳🥳

[@FoodieWarrior]

In terms of valuation, OCBC offers slightly better value than DBS & UOB. Best to own all 3. 😂

[@A.Singaporean.Stocks.Investor.]

💯💯💯

[@patrickmaurin995]

Interesting, thanks for sharing, happy hunting! 😊

[@jacklim5973]

AK, I am first today! HUAT AH!

[@A.Singaporean.Stocks.Investor.]

🥇🥇🥇

[@SGD515]

DBS paid 60% payout dividend, which you said. They only paid 55% only

[@A.Singaporean.Stocks.Investor.]

Eh. Not in the most recent report I read. I could be mistaken, of course.

[@valuabletips560]

Do you see that office vacancy trend increases and spread to other regions going forward ,is it practical for people to wfh mostly

[@A.Singaporean.Stocks.Investor.]

I am a retiree. I have to rely on what people in the know say. 🤔

[@Kelberi]

the price on perpetual triangle waiting for break out in either directions.😅

[@A.Singaporean.Stocks.Investor.]

😅😅😅

[@jonong3277]

Huat Ah... hope to buy more OCBC😀

[@A.Singaporean.Stocks.Investor.]

🥳🥳🥳

[@john-lm1xo]

Isn't STI ETF a better choice? Afterall it immediately gives you 50% exposure across the 3 banks. And 50% in other things. OK, it yields lower at 4.6% currently, but with that diverisifcation comes lower risk than all in the 3 banks. May I know why you don't purchase STI ETF given this?

[@A.Singaporean.Stocks.Investor.]

The ETF works for people who don't have the time or inclination to look at individual stocks. I like to have control over what goes into my portfolio and not accept whatever is in a basket.

[@john-lm1xo]

@@A.Singaporean.Stocks.Investor. Interesting. I thought AK was lazy and therefore STI ETF would have been perfect. Seems AK is not lazy afterall and has the time and inclination to study individual stocks. Not lazy AK! Not lazy AK! :)

[@melts7781]

Thanks AK! I'm being lazy here, but do you have a quick & dirty method to guesstimate the dollar amount of their excess CET1 capital (e.g. if they were to lower it from 15.9% to 14.x% in the range of their peers), so it's easy to estimate how much that works out to in dollar amount per outstanding share? 😛

[@A.Singaporean.Stocks.Investor.]

I am lazier than you. My answer is too much money for me to comprehend. 😋

[@melts7781]

@@A.Singaporean.Stocks.Investor. haha, yes, I feel you, thanks AK! 🥳🥳

[@A.Singaporean.Stocks.Investor.]

@@melts7781 👋👋

[@cjlad4358]

Hi Ak, does uob ezhibit similar potential as ocbc?

[@A.Singaporean.Stocks.Investor.]

Same same but different. 😋

[@jollyroger1009]

Can anybody recommend a good broker for Sg buy and holds? There are a lot of trading brokers but buy and hold brokers seem harder to find?? (Angmoh here btw....😁)

[@A.Singaporean.Stocks.Investor.]

I only use the local names. Since you are buying and holding, the lower trading fees offered by some shouldn't matter. These usually hold your shares for you in a nominee account which can be bothersome.

[@woonhow5374]

Hi, I am using DBS Vickers Cash Upfront to buy and hold. Min Commission is S$10.90. This is the cheapest CDP account type as of now.

[@jollyroger1009]

@A.Singaporean.Stocks.Investor. Ok thanks AK 👍.

[@A.Singaporean.Stocks.Investor.]

@@jollyroger1009 😇😇😇

[@Aivern]

2nd!

[@A.Singaporean.Stocks.Investor.]

🥈🥈🥈