Haw Par, UOB
Bank results down 4%, CEO’s salary down 18%.
Own shares in Haw Par which has stake in UOB.
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.
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
Read what I said. I never said EPS. I said RESULTS!.
Fill in your details below or click an icon to log in:
You are commenting using your WordPress.com account. ( Log Out / Change )
You are commenting using your Twitter account. ( Log Out / Change )
You are commenting using your Facebook account. ( Log Out / Change )
You are commenting using your Google+ account. ( Log Out / Change )
Connecting to %s
Notify me of new comments via email.
Notify me of new posts via email.
Blog at WordPress.com.
The DePo Masthead Theme.
Get every new post delivered to your Inbox.
Join 242 other followers