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OCBC – Summary of Q3 and 9M FY2020 Business Update (Guest Post)

OCBC – Summary of Q3 and 9M FY2020 Business Update (Guest Post)

How is OCBC faring this third quarter? Let’s find out.

Salaries at OCBC in Singapore: what you'll really get paid | eFinancialCareers

This post was originally posted here. The writer, Lim Jun Yuan is a veteran community member and blogger on InvestingNote, with a username known as @ljunyuan and has 1433 followers.

Besides DBS (you can check out my summary of its latest Q3 and 9M FY2020 results here), Overseas-Chinese Banking Corporation or OCBC (SGX:O39) also provided its business updates for the third quarter as well as for the first 9 months of the financial year 2020 (ended 30 September 2020) early this morning before trading hours.

As a shareholder of the longest established bank in Singapore, I have studied the related documents and in this post, you will find a summary of the bank’s latest financial statistics, key financial ratios, along with my personal thoughts to share.

Let’s get started…

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Is China Railway Construction (01186.HK) a Bargain Buy, or a Value trap? (Guest Post)

Is China Railway Construction (01186.HK) a Bargain Buy, or a Value trap? (Guest Post)

China Railway Construction (“CRCC”) recently caught my attention as it has tumbled approximately 44% from an intraday high of $9.99 on 5 Mar 2020 to close HKD5.64 on 21 Sep 2020.

Is this a bargain buy, or a value trap? Let’s take a look.

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This post was originally posted here. The writer, Ernest Lim is a veteran community member and blogger on InvestingNote, with a username known as el15 and has 456  followers.

First up, a description of CRCC

Quoting from its 1HFY20 results, CRCC’s businesses cover a variety of construction, survey, design and consultation, manufacturing, real estate development, logistics and materials trading and other business with a refined industry chain covering scientific research, planning, survey, design, construction, supervision and management, maintenance, operation, investment and financing, etc.

Six reasons why CRCC catches my attention

1) 21 analysts cover CRCC with all buy calls; the average target price HKD12.00

Based on Figure 1 below, CRCC is widely covered by 21 analysts. It is noteworthy that all 21 analysts give a buy call on CRCC with an average target price of HKD12.00. This represents a potential capital appreciation of approximately 113%. The estimated dividend yield is around 5.0% hence the total potential upside may amount to 118%!

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OCBC’s Financial Wellness Index 2019: A Deep Dive (Guest Post)

OCBC’s Financial Wellness Index 2019: A Deep Dive (Guest Post)

Yesterday, OCBC put out what they called the “first time such a comprehensive study of Singaporeans’ state of financial health has been conducted”.

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This post was originally posted here. The writer, Kyith is a veteran community member and blogger on InvestingNote, with username known as Kyith and 800+ followers.

They call it the Financial Wellness Index.

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