kbl

Good Happy Monday Morning Big Boss BrennenPak sir and All In IN....wave...

GreatEastern Holding-

On 17th Aug 2017 OCBC bot 685,400shares at S$24.90 per share.

The purchase has increased OCBC bank's shareholding in GEH from 87.75% to 87.90%

https://links.sgx.com/1.0.0/corporate-anno...

https://links.sgx.com/FileOpen/Great%20Eas...

Vested Oldpot OCBC and GEH. Not a call to Buy or Sell and Katek

BrennenPak

Reply to @kbl : My name is not so long........................................................................ I think over a long, long time into the future (I do not when...??) OCBC will want take GE private. In fact, OCBC has been trying to do so all this while. Buy a bit at a time as it gets expensive As you pointed out, that was already two years ago. Based on your numbers, buying off 685,400 shares at $24.90 is already a $17m price tag, and only increase the percentage by 0.15%. But again, I don't think it is the priority. I think OCBC is more interested in regional expansion than taking GE private. So, wait long, lomg...

MasterLeong

https://www.ocbc.com/group/investors/histo...

can look at historical NAV and EPS, ocbc good track record of growing NAV and EPS and dividends

script does have a mild dilution but its really insiginicant

example recent script at 9.57 vs NAV at 10.05
means instead of paying 9.57 dollar in dividends, the money is used to created a new share so NAV is slightly diluted down to maybe 10.00 at the spot... but as earnings improve and earnings is retained, NAV increases by year end to even higher

edsim

nav, eps will be deluted as more shares flood the market

BrennenPak

Reply to @edsim : True. Not just the trade war alone. Many things can affect the final results. The trade war adds more uncertainties to the equation and elevate the overall risk level.

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