We wrapped up our second webinar of the year on the three Singaporean banks and their undervaluation on Wednesday night.
I will be sending out the replay of the Webinar at the end of the week to our mailing list so do sign up if you like to receive a copy.
We covered quite a bit of ground on their business models, their recent financial results, factors for their recent sell-offs and also their current valuations.
Here’s the overview of what was covered:
1. How do Singapore banks make actually make money?
I will breakdown the business models of banks and explain the common financial ratios to look at to assess their long term profitability.
This is to help you put their results in context and to understand whether their earning and dividend growth is sustainable over the long run.
2. Summary of the financial results for FY 2018
I will run investors through the bank’s recent financial results and explain it in the context of what has happened over the last three years.
3. Major factors that have affected bank valuations recently
I will talk about the recent events which have negatively impacted their stock prices and discuss the long term implications of these events on their long term profitability.
4. Are Singapore banks cheap? (valuation)
I will discuss the valuation ratios that I use to assess when bank stock prices are cheap. I will talk about current valuations and whether I think they offer compelling value at current prices.