Why I am Bullish on UOB

koolgal
2021-12-28

$UNITED OVERSEAS BANK LIMITED(U11.SI)$ UOB share price has been holding up rather well lately in spite of Omicron.  According to our local financial analysts, UOB is a BUY!

CGS-CIMB at 30.30 ADD, DBS Research at 29.20 BUY, Maybank Kim Eng at 31.150 BUY, OCBC Investment 29.00 BUY and Phillips Securities 29.00 Accumulate. 

UOB closed yesterday (27 December 2021) at SGD26.73.

UOB is the 3rd largest bank in Singapore.  According to the latest 3Q21 results, its Net Profit increases 4% quarter on quarter to SGD105 billion, despite slower economic recovery in South East Asia.  This was achieved by healthy loan growth and sustained fee income as well as lower credit allowance. 

UOB Balance Sheet stayed robust with ample liquidity and strong Common Equity Tier 1 ratio at 13.5%.

UOB was named the World's Best Bank for Small and Medium Enterprises by Euro money and Global Finance. 

The impending interest rate hike in 2022 will turbo charge UOB share price too. 

UOB also pays steady half yearly dividends. The last dividend paid was 0.60 cents and it is projected the next dividend payout will be the same, bringing a total dividend of SGD1. 20 per share. 

In view of the above, I am bullish on UOB as it is very solid Singapore bank, with excellent management, wide moat and great cash reserves. 

Go Long Go Strong Go UOB!  That's my maxim. 

@小虎活动 - SG stocks

@TigerStars




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免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

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评论（111）

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  • maroketo
    ·2021-12-28
    That's great. Thanks for sharing this information and experience.
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    • koolgal: 
      My pleasure
      2021-12-28
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  • waipoin
    ·2021-12-28
    Congratulations. The investment return of 13.78% is really good.
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    • koolgal: 
      Just lucky to go in at the  right time.
      2021-12-28
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    • koolgal: 
      Thanks. 
      2021-12-28
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  • ElijahRoger
    ·2021-12-28
    I understand what you mean. Your opinions will shape my understanding of the market.
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    • koolgal: 
      Thanks for sharing.  Best wishes
      2021-12-28
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  • AdelaSalome
    ·2021-12-28
    How do you think Singapore banks will perform in 2022?
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    • koolgal: 
      I believe the banks will continue to grow especially with interest rate rise coming up.
      2021-12-28
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  • GilesStone
    ·2021-12-28
    The return of 13.78% is really outstanding! Huge cong!
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    • koolgal: 
      Thanks.  Just lucky that's all.
      2021-12-28
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  • falleno
    ·2021-12-28
    Thank you for sharing! Good luck
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    • koolgal: 
      My pleasure.  Good luck to you too.
      2021-12-28
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  • EdmundDunbar
    ·2021-12-28
    Thank you for sharing! Good luck
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    • koolgal: 
      My pleasure.  Good luck to you too.
      2021-12-28
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  • 翻三十倍AHT的涂泥私房
    ·2022-01-02
    明年还能吃到加息红利 不错的
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  • 老哥不吃老鼠
    ·2022-01-05

    银行对我来说，comic看好

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  • renyi122
    ·2022-01-01
    现在少碰银行吧
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  • 海风吹了
    ·2022-01-01
    有道理
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  • 狮狐
    ·2021-12-31
    这篇文章不错，转发给大家看
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  • 一路biao升
    ·2021-12-31
    谢谢分享！
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  • 千秒一发
    ·2022-01-02
    感谢分享！
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  • 魔鬼鱼MOGUIYU
    ·2022-01-01
    这篇文章不错，转发给大家看
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  • 君盼TuT
    ·2022-01-05
    冲冲冲
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  • 记事本2020
    ·2022-01-05
    666
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  • 股往金来_2352
    ·2022-01-02
    路过
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  • 文军_1944
    ·2022-01-02
    哈哈
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  • 一一爸
    ·2022-01-02
    不错
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