Great Eastern Holdings (GEH)

Investing ideas

Insurers undervalued after selldown; Asean's growth prospects intact

SINGAPORE (Oct 21): A quick glance at the price-to-embedded values of a couple of life insurance companies shows that they are undervalued versus their historical ratios.

Results

Great Eastern posts 29% drop in 2Q earnings to $169 mil

SINGAPORE (Aug 1): Great Eastern Holdings, the life insurance group, posted a 29% decrease in 2Q19 earnings ended June to $169 million from $237.6 million a year ago.

Results

Great Eastern reports 68% fall in 4Q18 earnings to $136.8 mil on market volatility

SINGAPORE (Feb 20): Great Eastern Holdings reported a 68% fall in 4Q18 earnings to $136.8 million from $426.8 million a year ago, mainly due to lower non-operating profit from insurance business.

M&A

Great Eastern deepens footprint in Indonesia with $38 mil acquisition

SINGAPORE (Dec 11): Great Eastern Holdings is acquiring QBE Indonesia for US$28 million ($38.4 million) in cash to deepen its footprint in Indonesia and build up its general insurance operations in

Malaysia

Great Eastern confirms participation in Malaysia's health protection plan for poor

SINGAPORE (Nov 12): Great Eastern Holdings (GEHL) on Friday confirmed it will make a contribution to the B40 Health Protection Fund.

Results

Great Eastern reports 26% lower 3Q earnings of $213 mil on less favourable market conditions

SINGAPORE (Oct 29): Great Eastern Holdings reported 3Q18 earnings of $213.3 million, this was 26% lower compared to the 3Q17 earnings of $287.5 million a year ago as a result of less favourable fin

Property

High pre-leasing level at Paya Lebar Quarter is good news for Singapore office market: DBS

SINGAPORE (June 12): DBS Group Research remains confident that the Singapore office market remains on a multi-year upturn given modest new supply over the next 3-4 years.

Broker's Calls

OCBC kept at 'buy' on likely IPO or trade sale for Great Eastern's Malaysian business unit

SINGAPORE (Mar 8): UOB Kay Hian is reiterating its "buy" on Oversea-Chinese Banking Corp with higher target of $14.95 if the bank decides to divest a 30% stake in Great Eastern Life Assurance (Mala

Broker's Calls

OCBC kept at 'buy' on Great Eastern strength

SINGAPORE (Oct 25): DBS Group Research is keeping its “buy” call on Oversea-Chinese Banking Corporation (OCBC) with an unchanged target price of $12.80.

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