atans1

Why UOB is “betterest”?

In Banks, Corporate governance on 06/04/2012 at 7:41 am

Bank results down 4%, CEO’s salary down 18%.

http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1193445/1/.html

Own shares in Haw Par which has stake in UOB.

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  1. Your figures are wrong. UOB EPS went from $1.70 in 2010 to $1.43 in 2011, that is a 15.9% fall annually. Not as good as you think. Check you factsheet in the link below.

    http://www.uobgroup.com/investor/index.html

    Ultimately, I would rather own a bank that increased net profit and pay the CEO more than a bank that that has shrinking profits and is trading at 13x P/E

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