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Watch out for trend reversal on UOB Bank.
http://mystocksinvesting.com/singapore-stocks/uob-bank/uob-bank-rejected-at-20-resistance/
Two is more than enough:)
everknight ( Date: 28-Feb-2013 17:24) Posted:
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What happened? Better than expected results with higher dividend, and still closed negative? Market really irrational. .. :(
| SGD 0.40 Per 1 Ordinary share | Tax Exempted (1-tier) | Final | 31/12/2012 | 111 | This dividend which is paid under the one-tier system is tax exempt. |
| SGD 0.10 Per 1 Ordinary share | Tax Exempted (1-tier) | Special | 31/12/2012 | 111 | This dividend which is paid under the one-tier system is tax exempt. |
| Record Date * | 08-05-2013 |
| Record Time * | 17:00 |
| Date Paid/Payable (if applicable) | 17-05-2013 |
The UOB Group on Wednesday reported a 24.7 per cent year-on-year increase in net profit for the fiscal fourth quarter ended Dec 31, 2012.
Net profit after tax rose to S$696 million from S$558 million a year ago, on a 7.7 per cent increase in total income to S$1.59 billion.
Full-year net profit after tax increased 20.5 per cent year on year to a record S$2.8 billion, while turnover rose 6.5 per cent to S$3.92 billion.
Earnings per share for the full year were 1.72 cents, up from 1.43 cents a year ago.
Two is enough:)
marubozu1688 ( Date: 29-Dec-2012 20:26) Posted:
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I am waiting to short UOB also. :)
http://mystocksinvesting.com/singapore-stocks/uob-bank/uob-bank-facing-very-tough-resistance/
sengsk ( Date: 14-Dec-2012 14:53) Posted:
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Taking a risk test my own reading , Short it for fun and if its weak before closing at 19.60 I may add shorting for it.
( Just personal feel, )
2020:)
1234567 ( Date: 28-Sep-2012 21:53) Posted:
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Bought at 19.18 after ex-CD. Sold at $19.72 ...
Frankly speaking, financial institutions and bbs are all crooks. They made their money via crooked means more than honest means. That is why they usually have to pay back unwillingly through other setbacks, such as losses by rogue traders, miscalculations, wrong business tie-ups, white collar cheats amongst themselves to swindle them and also smarter crooks to take care of them. LMAO.
Some of these analysts are working in cahoots with the BBs! Cannot trust their independance of thought because if the analyst dept is pat of the BB company, they know which side their bread is buttered... not all of them... but some.
rutheone1905 ( Date: 04-Sep-2012 09:45) Posted:
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i have notice before QE1, 2 there will be institutes coming out together to downgrade the banks.
then when QEs announced, the share roared. this time the same pattern again. BBs are really BB, when they talked all listen.
time to retreat~
my view is can short but dun think have much meat for such a big counter.
I think can Short UOB today.
Entry: $19.74 to $19.70
Stop-Loss: $20.06
More on my Blog at Alex Trades.
Good luck.