dont forget the Malaysian. IOI Group just won the Marina bid.
who will take over United Engineers ?
if Oue and CP no, then most likeky to assets-hungry cash-rich chinese investors
and you buy sell for that pathetic 1 cent difference ? and forego a potential min 30 cents premium ?
for those waiting to enter at a better price, what if ...this evening bidder have dinner and made up his mind abd say "OK" ?
tomorrow or monday announcement ?
too late then ?
United Engineers. Bravo.
for those waiting to enter at a better price, what if ...this evening bidder have dinner and made up his mind abd say "OK" ?
tomorrow or monday announcement ?
too late then ?
United Engineers. Bravo.
ocbc laggard....
United Engineers. Bravo.
who will take over United Engineers ?
if Oue and CP no, then most likeky to assets-hungry cash-rich chinese investors
it is estimated that if trump focus less on "busybody international affairs" and more on economic build up and trade, US will save US$ 5 trillions a year and these can be diverted into economic build up and Nake America Economically Great Again .
donald trump is pro business instead of war, which is good.
think he will spend less on foreign affairs spending and more on economics building
ocbc bullish today. is it due to United Engineers going to M & A ? hope so.
Vested both.
OCBC is back again ....especially considering the movement of UE....if they manage to sell this bady ...wow, expect a special dividend for NY :))
Happy Happy Chritmas and New Year.
wow,,,,if taking current share price of 8.46 to your NAV of 9.82 ...its close to 15% discount from this value ?
Singapore banks are getting cheap . DYODD
I take a closer look and find this on P4, ie with valuation surplus NAV is $9.82.Net asset value per share (S$)
Before valuation surplus 8.31 7.78 8.31 7.78 8.19
After valuation surplus 9.82 9.38 9.82 9.38 9.70
The protest against Purnama, the first ethnic Chinese to hold the position of Jakarta governor, was largely peaceful but in the evening the crowd grew restive and police restrained them with tear gas and water cannon fire.
One person died and more than 100 were injured in the violence, many of them police officers. Three vehicles were torched and 18 were damaged, national police spokesman Boy Rafli Amar told a news conference on Saturday.
Clashes broke out in a north Jakarta area where there are large communities of non-Muslims and about 15 people were arrested there for looting a minimart, Amar said.
Some Chinese-owned shops and restaurants were shuttered in northern Jakarta on Saturday, while security officers guarded a temple and a school, according to a resident.
A spokesman for the Islamic Defenders Front, a group that led the protest, denied responsibility for the violence and said the "provocateurs" were the police who fired tear gas.
For those worry Indonesia funds exit due to tax amnesty, the money could come back now that there is anti-Chinese protest.
For those worry Indonesia funds exit due to tax amnesty, the money could come back now that there is anti-Chinese protest.
Not sure about the China connection. Now china Singapore relationship like not very good.
what is OCBC next move ? UE ?
UE -> divested MFS
spproached CP last year --> no no
2016 :
UE divested Multi Fibeline Electronix
then
UE UES holdingsnow UE "pure property"
with OCBC china connections, u mean they cant find a buyer for it ?
anytime man....+ - sgd 2 billions all cash no sweat man... chinese funds are looking for good assets acqui
i am happy to see local banks embrace Fintech.
Hey Siri, send my mum $500
OCBC Bank becomes the first in Asia Pacific to let customers send cash through Siri, just be careful who you lend your phone to.
OCBC Bank customers can now send money to their friends and family by issuing a simple voice command to Siri, Apple&rsquo s virtual assistant. Users just have to tell Siri whom to send the payment to and how much they want to send, then use the OCBC Pay Anyone mobile e-payment service. Another new channel for customers to conveniently send money to friends is through iMessage: If midway through texting, they need not even leave the conversation screen or open any other mobile app.
According to the bank' s announcement, Siri and iMessage services for OCBC Pay Anyone are available to all OCBC Bank customers using iPhone devices running the iOS10 software and the latest OCBC Mobile Banking app. The payments are fully secure as they are authenticated by the customer using their mobile banking credentials. These innovations were developed by OCBC Bank&rsquo s in-house mobile developer, E-Business and Group Customer Experience teams.
In STI everything is cheap, cheap can get cheaper also..
wow,,,,if taking current share price of 8.46 to your NAV of 9.82 ...its close to 15% discount from this value ?
Singapore banks are getting cheap . DYODD
I take a closer look and find this on P4, ie with valuation surplus NAV is $9.82.Net asset value per share (S$)
Before valuation surplus 8.31 7.78 8.31 7.78 8.19
After valuation surplus 9.82 9.38 9.82 9.38 9.70
If after re-valuation surplus means OCBC Bldg will be buried under a mountain of cash? Wow, how much is this giant worth?
