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Investment in OCBC is larger now.
By A Singaporean Stockmarket Investor (ASSI)  •  May 22, 2022
During the pandemic induced bear market, as the dust was settling, within a few weeks, I made a relatively large investment in UOB. The plan was to get my investments in DBS, OCBC and UOB to be on equal footing with each other. Mr. Market's severe bout of depression provided the perfect opportunity to execute the plan. See: Buying DBS, OCBC and UOB. and Three local banks, 3 REITs... Quite simply, the plan was about diversification. That decision turned out very nicely as UOB went on to buy Citibank's assets in a few Asian countries. That move is expected to give a boost to UOB's future earnings and could lead to a more favorable view of the local lender. More importantly, it could also mean higher dividends in future. This week, I decided to have a stronger focus on value and increased my investment in OCBC. The size of this increase is around 10%.  ...
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By A Singaporean Stockmarket Investor (ASSI)
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