$UOB (U11.SG)$ UOB on Thursday (Feb 23) posted a 24 per cent...
$UOB(U11.SG$ UOB on Thursday (Feb 23) posted a 24 per cent gain in net profit as it made S$2.6 billion for the second half of the year ended Dec 31, 2022, from S$2.1 billion for the year-ago period..
A dividend of S$0.75 per share was declared for the period, up from S$0.60 for H2 2021. It will be paid out in cash on May 12, after books closure on May 3.
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Alex SG : when announce results, bank shares price will drop?
Innot : But why share price dip so much after declaring profit and better dividends pay out ? Why why why ?
Stock Watch OP Alex SG : Cos the have factored in the results. So after announcements, it pullbacks fast, investors predict next q will not be as good, trap those that greedy etc
Stock Watch OP Stock Watch OP : * the recent rise in stock prices
H3ath : same fate as DBS. Hahaha. Past few weeks already priced in. Reports and results are not only known or created overnight. At least dividend 0.75 is good
Stock Watch OP H3ath : Is normal
H3ath Stock Watch OP : OCBC dip more today, I'll buy for tomorrow's report
Stock Watch OP H3ath :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
ice coconut : is it time to dip in, or wait for it to fall further?
Stock Watch OP ice coconut : Wait
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