Note: Bank yields based on FY2023 dividend per share 👍

No mention of use of capital by OCBC to acquire the remaining shares of Great Eastern. Is that beneficial for OCBC share holders? Will that drive up RoE for the bank?

Just buy all three and u got your own sg bank etf

@knucklebreakerchannel

2 ай бұрын

Whats the best allocation for all 3 banks if you buying all 3 ?

@user-gm7du2ms7v

2 ай бұрын

Dbs 10%, uob 30% and ocbc 60%. Dbs is sure to become third place in Future

Both the founders of OCBC and UOB knew and experienced the storms the bigger fishes that can literally sink your ship or swallow you whole. These are very powerful entities, people, powerbrokers and governments who they know they cannot go head to head with. Just like some little red dot.

Personally I prefer UOB and DBS. I was lucky enough to get some DBS shares during the COVID meltdown. UOB shares I've held for decades now and they are reliable and solid. Never had any regrets buying bank shares.

@TheFifthPersonChannel

2 ай бұрын

Your yield-on-cost must be fantastic!

@nickdoggett6443

2 ай бұрын

Yes 3 of my UOB lots were bought for $10 back in the 1990s. Yup, no regrets there. Got caught in the CLOB saga though thanks to Dr M.

I'm disappointed. I love investing in OCBC, but they employed one of the oldest PR tricks - collect all answers, and only answer what they want to. Unfortunately, despite them being very successful, they will not answer your questions directly. This may happen with all and any listed companies.

@TheFifthPersonChannel

2 ай бұрын

Yes, not the best way to answer questions from shareholders

Thanks for the analysis

@TheFifthPersonChannel

2 ай бұрын

You're most welcome, Daryl!

Do for Malaysia Banks too

Great analysis. 👍

@TheFifthPersonChannel

2 ай бұрын

Thanks! 👍

U help me attend all 3 AGMs in , thanks bros❤❤

@TheFifthPersonChannel

Ай бұрын

No problem!!

Fantastic insight 👍👍👍thks.

@TheFifthPersonChannel

2 ай бұрын

👍👍👍

How do you get the full year dividend of DBS? Shouldn't it be ($0.42 + $0.48 + $0.48 + $0.54) divide by $35.86 = 5.35%? Kindly correct me if im wrong

@TheFifthPersonChannel

2 ай бұрын

We used the FY2023 dividend per share adjusted for bonus shares, instead of trailing dividends. So it is $0.49 + $0.44 + $0.44 + $0.38 = $1.75, divided by the share price of $35.86 (at time of recording), which gives us a yield of 4.88%. Hope this explains! www.dbs.com/investors/financials/dividend-information

Buy them ALL! 😂

Very informative. I think AK will like this episode too 😊

Buy all

Why is the ROE for DBS so high? Are they taking additional risks?

@spinvalve

6 күн бұрын

Yes

I buy all 3 consistently every month and holding long term

Saw Adam and Victor at the different AGMs. Most disappointed after attending OCBC agm - the Q&A format, the CEO barely answering business related questions raised by shareholders, the chairman repeatedly talk about history than business plans. When the CEO wanted to add more details to shareholder's question, it was shocking to hear the chairman saying to the audience "see who's answer you prefer". IMHO, I do not sense a synergy between the CEO and the chairman, time will tell.

Dbs by far the most progressive. Best use of tech. Highest margins. Best compounding long term returns.

Why is DBS 4.9%? it will be $2.16 ($0.54 every quarter) in this year as per CEO which equates to 6%

@TheFifthPersonChannel

2 ай бұрын

The yield shown is based on FY2023 dividend per share adjusted for bonus shares. So it is $0.49 + $0.44 + $0.44 + $0.38 = $1.75, divided by the share price of $35.86 (at time of recording), which gives us a yield of 4.88%. If you use forward dividends of $2.16 then, yes, your yield will be higher. Hope this explains! www.dbs.com/investors/financials/dividend-information

DBS is giving out minimum $0.54 dividend per quarter post bonus issue. Total is $2.16 for this year. The dividend yield should be around 6%, not 4.9% as stated in the video. Thank you!

@TheFifthPersonChannel

2 ай бұрын

Hi James, the yield shown is based on FY2023 dividend per share adjusted for bonus shares. So it is $0.49 + $0.44 + $0.44 + $0.38 = $1.75, divided by the share price of $35.86 (at time of recording), which gives us a yield of 4.88%. If you use forward dividends of $2.16 then, yes, your yield will be higher. Hope this explains! www.dbs.com/investors/financials/dividend-information

@deontan9314

2 ай бұрын

U are the typical investor who are full of themselves. Always u are right :)

Basel IV reduced free capital?

@TheFifthPersonChannel

2 ай бұрын

The implementation of Basel IV will free up capital for Singapore banks. fifthperson.com/2023-dbs-agm/ sg.finance.yahoo.com/news/dbs-sufficient-capital-growth-dividends-204727195.html

All overvalued

UOB i Ting

Buy all banks, go long n compound it’s dividends , u will retire with a great passive income.

@nickdoggett6443

2 ай бұрын

Indeed.

DBS yield is wrong i think.

@TheFifthPersonChannel

2 ай бұрын

We used the FY2023 dividend per share adjusted for bonus shares, instead of trailing dividends. So it is $0.49 + $0.44 + $0.44 + $0.38 = $1.75, divided by the share price of $35.86 (at time of recording), which gives us a yield of 4.88%. Hope this explains! www.dbs.com/investors/financials/dividend-information

@MsCorydorus

2 ай бұрын

@@TheFifthPersonChannel if we look at DBS dividend history except of mandatory MAS reduction, they have strong track record of maintaining or increase dividend. 4 times annually. And the recent dividend of 54 cents not reduced after bonus shares. Therefore the rightful yield is at least 6% imo.

@TheFifthPersonChannel

2 ай бұрын

Yes, of course! But we're comparing the yields with UOB and OCBC in the table as well; their dividend information ends at FY2023 as of now. So we need to make an apples-to-apples comparison for all three banks. 😊

@MsCorydorus

2 ай бұрын

Agreed the consistent perspective is important. I find the discussion interesting so let me add. If you have 10k today to invest, you look at latest report of banks and their current price to determine future potential dividend which is more relevent to all banks and consistent. Ocbc has no dividend in latest report but the price will factor in their result. If we use old dbs dividend it not only paints old data as we know dbs now do much better in latest report than other 2 banks. On another point, give the entire bank industry a lower return relative to say reits

Buy all the three local banks and do DCA each month

@firefly4326

Ай бұрын

You will be exposing yourself to market cycle risk as well as industry specific risk. Not to mention the fifth person is not qualified but bloggers.

@JamesJames-ti5vh

4 күн бұрын

@@firefly4326 I have been doing DCA for UOB, DBS and OCBC since 20 years ago. Today, I believe I am far better off than many of my peers. The fifth person is a very good platform and I have benefited very much from their videos !

I’m down $137k this year, scared my bank or brokerage will fail. Savings are dwindling due to high prices and debt.

All stock price too high. Buy US 6 months treasury bills with IBKR.

Influencers and bloggers not qualified but based on personal feelings lol. All these generic metric is pointless and worthless, you are telling people to buy banking stocks for investments? Greatest Joke

@TheFifthPersonChannel

Ай бұрын

Ok

you guys can't even elaborate on ROE and NIM. all talk about feelings. come on. lol.

@TheFifthPersonChannel

Ай бұрын

fifthperson.com/2024-dbs-group-agm/ fifthperson.com/2024-uob-agm/

Crap stocks lah. After more than 40yrs of listing still at such crappy prices. There are better performing bank stocks elsewhere

@simcn73

Ай бұрын

Buying Singapore banks are for dividends and passive income . For growth stocks , just buy US Magnificent 7 or related ETFs but never US banks