3 key takeaways for UOB recent results: Is it still good to consider? 🙂

UOB Financial Highlights FY2024

1. Record Earnings: UOB achieved a record net profit of S$6.0 billion, up 6% from the previous year, driven by strong fee income and trading & investment gains. 💰

2. Capital Returns: UOB announced a S$3 billion capital distribution package (50% dividend payout ratio), including special dividends and share buybacks, demonstrating confidence in its financial position. 💸

3. Regional Growth: UOB's strategic investments in regional platforms are yielding results and the company is well-positioned to capitalize on ASEAN's growth opportunities amid global trade reconfiguration. 🌏

Stock Price Chart Analysis

UOB stock ($U11.SI) has shown a consistent upward trend. $35.7 serves as a strong support level. 📈

Let's connect on LinkedIn. 

I specialize in providing tailored stock insights and investment strategies. Let's connect to discuss how I can help you achieve your financial goals. 🤝

😊 Contact me @ https://bit.ly/contactEric

 or email @ ohlh@phillip.com.sg

🚀 Ready to take control of your financial future? As a dedicated stockbroker and financial advisor, I’ve completed the Remiser Development Program, gaining cutting-edge insights to help YOU achieve financial independence! 💡 📈

Featured in a recent video, I express my gratitude to SGX, SAS, The Society of Remisiers, Phillip Securities, and my peers for the invaluable learning experience. Check out the SGX video below.

💡 What I have learned from the 3 courses:
1. Essentials of Securities Trading course reinforced the significance of a diversified portfolio and has armed me with proven strategies to assist clients in achieving their financial independence.
2. AI advantage: A practical guide for brokerages course: Allows me to work more efficiently and leverage technology to make my work easier and more impactful especially in a fast moving and dynamic market.
3. Personal Branding: Leveraging Digital Marketing for Client engagement course: Grateful for being able to share what I learned and applied online for my viewers, clients and supporters via the various social medias for increased networking opportunities.

💰 Reach out today and let’s work together to secure your financial freedom! 🌟
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or email @ ohlh@phillip.com.sg

SGX Surges 📈— But What About STI ETF?

SGX

STI ETF 

Two weeks ago, I shared insights on market movements. Since then, SGX has climbed from $12.26 to $13.58 (or new highs as I shared this article), showing strength amid market uncertainty. Yet, STI ETF remains stagnant.

🔹 Why is SGX outperforming while STI ETF lags?
🔹 What does this divergence signal for the market ahead?
🔹 How can investors position themselves for 2025?

As a stockbroker, I help clients decode market trends and identify opportunities beyond the headlines. If you’re looking for a professional’s perspective on navigating this market, let’s connect.

📩 Message me for tailored investment insights.

Disclosure: Investment carries risks. This is for general discussion and not financial advice.

😊 Contact me at ohlh@phillip.com.sg
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