[Abstract – The Covid-19 pandemic has pushed many companies in an effort to conserve cash to maintain liquidity. Consequently, many companies, have introduced the scrip dividend scheme in hope to beef up company cash hoards to cushion this trying time. In particular, apart from 40% cut in dividends, all theContinue Reading

Since the last post, the STI did indeed fell further forming a trough by early June. By this week, the STI regained some of its lost territory, landing at 3214.85. Banks are still lagging as the fall out of the US-China trade war began to infiltrate into smaller economies. ItContinue Reading

Along with the other banks, OCBC has recently announced the FY 2018 results. The net profit improved 11% from S$4.05b to $4.49b. Apart from its subsidiary, Great Eastern’s disappointing results, I would say that OCBC did well for FY 2018. Along with the reasonably good results, OCBC is offering aContinue Reading