Comments on: UOB Preference Shares Details

By: lioninvestor

lioninvestor — Sat, 07 Aug 2010 16:05:57 +0000

(1) Based on issue price.

(2) Yes.

By: FongFC

FongFC — Sat, 07 Aug 2010 04:47:39 +0000

I got some questions on this statement – “fixed dividend of 5.05% p.a. payable semi-annually on 15 Mar and 15 Sep each year”

(1) How is the 5.05% payout calculated ? Is it 5.05% of the issue price of $100 ? The exisiting traded price during the semi-annual payout ?

(2) Since there are 2 payouts in a year, each payout will be 2.525% ?

By: lioninvestor

lioninvestor — Sat, 27 Sep 2008 16:51:24 +0000

Preference shares are ok as long as the company doesn’t go bankrupt.

Just that there isn’t really a maturity date for you to exit should you want to. You have to either sell it on the secondary market, or depend on the bank to redeem from you (at their wishes).

By: Bessie Sim

Bessie Sim — Sat, 27 Sep 2008 09:35:20 +0000

How about the OCBC preference shares which were issued recently by OCBC bank that retail investors can buy via the ATM? Is that CAPITAL PROTECTED? guaranteed?

By: Johnson

Johnson — Sat, 27 Sep 2008 08:12:42 +0000

UOB preference shares, again is not capital protected or guarantee,you may lose part of your capitals.