Shares Investment

OCBC Bk

MAINBOARD > FINANCE > Bank (O39)

Chairman: Dr Cheong Choong Kong CEO: Samuel Nag Tsien

^S$8.57	-0.03 -0.35%	Buy: 8.57	52-Wk Chg: -0.85 -9.02%
^S$8.57	Vol: 5,662	Sell: 8.58	1-Mth Chg: -0.32 -3.60%
17-05-12 17:04:46	CPF

Open :	8.67	No. of Shares :	3,441.043m	PE :	12.8
High :	8.75	Mkt Cap :	S$29,489.739m	EPS :	S$0.672
Low :	8.56	52-Wk High :	10.09	Last 12m Div :	S$0.3
Last Close :	8.60	52-Wk Low :	7.68	Yield :	3.5
Price-to-Book :	1.16	Avg. Vol :	4,664	NAV :	S$7.41

Warrants

Business

[FY11 Turnover] Global consumer financial services (21.4%), global corporate banking (38.1%), global treasury (17.4%), insurance (11%), others (12.1%).

Actual data of SingTel, given as a sample only. Please subscribe to view the actual data of OCBC Bk.

Research

	Current	1 mth ago	3 mth ago
BUY	13 (10.17)	11 (9.88)	9 (9.79)
HOLD	9 (8.93)	8 (8.94)	7 (9.01)
SELL	4 (8.27)	5 (8.26)	6 (7.67)
( ) - Avg Target Price

Insight

May-12, Co's Aust unit, Optus has announced that it had signed a MOU with Vodafone Hutchison Australia (VHA) and Vodafone Network on 3 May-12. With the agmt, Optus customers will be able to receive wider coverage through access to nearly 1k additional mobiles sites thus strengthening Optus' 3G and 4G svcs across the country. Apr-12, Co's Aust unit, Optus said that it plans to cut about 750 jobs in a restructure of its biz. The subsi expects a one-time charge of about A$37m relating to the job cuts. Co has divested its entire 3.98% stake in Taiwan's Far EasTone Telecom. A total of 129.6m shrs were sold for approx NT$8.03b ($339m). Co will recognise a gain of approx $118m in the 1Q13.

FY12 revenue increased 4.2% boosted by mobile growth in S'pore and Australia, as well as the stronger A$. In tandem, earnings grew 4.3%. (11/05/12-SA)

Ann'd date for 1Q12 : 11-AUG-11

Technical Charts

**Related News** (* - headlines only)
DJ Singapore Shares End Weaker; European Markets Scuttle STI Rebound Dow Jones Newswires - 2012-05-14
*DJ OCBC Target Raised To S$10.00 From S$9.00 By Daiwa Dow Jones Newswires - 2012-05-14
*DJ OCBC Upgraded To Buy From Hold By UOB KayHian Dow Jones Newswires - 2012-05-14
*DJ OCBC Target Raised To S$11.75 From S$9.35 By UOB KayHian Dow Jones Newswires - 2012-05-14
Oversea-Chinese Banking Corp ST: key ST resistance at 9.03. Trading Central - 2012-05-14
Headliners (Ezion Holdings, OCBC, Sembcorp Industries, StarHub) Shares Investment - 2012-05-11
DJ 2nd UPDATE: Singapore's OCBC 1Q Net Rises 32%, Beats Forecasts Dow Jones Newswires - 2012-05-11
*DJ OCBC Target Raised To S$10.35 From S$8.49 By CIMB Dow Jones Newswires - 2012-05-11
*DJ OCBC Upgraded To Outperform From Underperform By CIMB Dow Jones Newswires - 2012-05-11
Singapore Daily Bulletin – 11/05/12 Shares Investment - 2012-05-11

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