Many years ago, Ah Gong said that Singapore has too many banks. I listened to him and bought Tat Lee Bank - one of the smallest banks and was affordable to me at that time.
The market listened to Ah Gong and soon Tat Lee Bank was eaten up Keppel Bank. I made some nice profits.
Some years later Ah Gong said four Banks in Singapore was more than enough.
Again I listened to Ah Gong's wise words and bought into Keppel Bank - the smallest bank.
Soon, the market listened to Ah Gong and Keppel Bank was eaten up. I made money again.
Again Ah Gong said four Banks in Singapore is too many. Big Four became Big Three but this time I got the wrong ball and didn't make any money.
Now Ah Gong said Two is enough.
I will listen to Ah Gong's wise words and get ready to buy.
UOB is a family-controlled board so it is harder to eat up and the likely prey by DBS is OCBC.
Will the market listen to Ah Gong's wise words? You bet.
Here’s what to expect for the T-bill auction on 27 Feb
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What happened? Despite the fall in T-bill yields, many investors still seem
to be watching the upcoming auction closely. After all, some may be hoping
th...
3 hours ago
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