
This is s pretty low volume counter. FA style analysis will be more appropriate for this one.
Watch out for this GEM! Only finance house that have not moved to pre-crisis price> Fair value at least $5 according UOBKayhian +++++++++++++ takeover target !!!!!
Look Left, Look Right, but make sure you BUY the RIGHT counter!
Upgrade!!!!!!!!!!!
Credit Suisse said that there is potential for upwards revision of its $4.20 target price if company reports positive news on loan growth, capital management. Brokerage believed that 20% loan growth (from 15-16% estimates) possible "through car loans, higher margins through some softening in SIBOR or easing of deposit competition and HLF can definitely release S$100 million (or more) in equity.". Credit Suisse maintianed its Outperform call.
yes, something is cooking at this counter, and i think MAS may like to see a merger too.so as to get our financial institution in order......but i think uob may get in
Market talk of takeover by OCBC to grow its loan business................hopefully TRUE.
Valued $5.20 according to how much was paid for Keppel Bank.
Low and inconsistent volume counter... TA people should avoid...
anyone with any thoughts on this counter - gives good dividend yield ? advice needed.