T-Advisor, through its tool Market Opportunities, has detected the company United Overseas Bank, listed in Singapore Stock Exchange, as an opportunity for investment.
These are the main figures about performances and volatility in the last years:
The chart shows the evolution in the last year:
The technical analysis reveals also more data:
Finally, the risk analysis is as follows:
United Overseas Bank is a credit entity from Singapore. It is focused mainly on retail services and banking for small and medium enterprises. Founded in 1935, it has grown through several purchases in Singapore and the countries around, as Malaysia, Thailand, Indonesia, Vietnam and China. The bank has also branches in Europe and North America.
The balance sheet has grown even in these years, from S$185,5 billion in 2009 to S$284,2 billion in 2013. From this amount, loans increased from S$99,2 billion to S$178,8 billion. Net profit also increased in this period from S$1,902 million to S$3,008 million. The growth was 7.3% comparing 2012 and 2013. The share price has developed positively since the minimum in 2011 to the current situation, with an increase of 60%.