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OCBC Bank
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OCBC
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SgYuan
Supreme |
02-Apr-2020 22:15
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all 3 bank same profile
tonight dow also same w1 up next w2 down 61.8% of w1 delta - if w2 break 61.8% then likely wave c continue - mean previous up is wave b up |
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SgYuan
Supreme |
02-Apr-2020 20:46
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https://i.postimg.cc/qv2bhXps/20200402-203130.jpg i just switch to Android phone - it dont allow me to post image pls follow the link | ||||
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boyboy61
Supreme |
27-Mar-2020 10:14
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will look at OCBC if it hits $8 again
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SEBRAX
Member |
27-Mar-2020 09:27
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u got the full article bro?
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Joelton
Supreme |
27-Mar-2020 09:17
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Deep value has yet to emerge in Singapore equities: OCBC FRI, MAR 27, 2020 - 5:50 AM Opportunities for investors with investment horizon of over a year Singapore SINGAPORE equities are trading at attractive valuations following a Covid-19 induced market sell-off but deep value has yet to emerge, head of OCBC Investment Research Carmen Lee said. Ms Lee, who was speaking to media at a Q2 Singapore equities outlook briefing, added... https://www.businesstimes.com.sg/companies-markets/deep-value-has-yet-to-emerge-in-singapore-equities-ocbc |
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FATABA
Supreme |
23-Mar-2020 11:33
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There is a G20 finance minister conf today 7pm if not wrong . Shld help in some ways  Dyodd |
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john_ric
Supreme |
23-Mar-2020 10:32
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Well research. Expert.
Sometimes market is irrational. From the phycology perspective. Buy when most people are fearful. We should have a buy strategy. For example buy some when price dip $1 or more to build up the portfolio since we don't know how the price will change.
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grab8888
Member |
23-Mar-2020 10:30
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Hi, thank guys for the advice........ | ||||
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cheongweevictor
Supreme |
23-Mar-2020 10:22
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$4 Mar 09 / $13.7 Apr 18 look like got 50% chance to buy at 4$ again..  |
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Joelton
Supreme |
23-Mar-2020 09:35
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Singapore banks show voracious appetite in buying back sharesON, MAR 23, 2020 - 5:50 AM Since start of March, UOB has spent S$16.2m on share buybacks and OCBC, S$19.2m DBS leads tally with S$368m Singapore SHARE buybacks by Singapore banks surged this month amid the market turmoil, as the valuations of their shares have hit levels below their book value in recent days. DBS leads the tally across all Singapore-listed stocks in share buybacks with a whopping S$368 million... https://www.businesstimes.com.sg/banking-finance/singapore-banks-show-voracious-appetite-in-buying-back-shares |
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patient168
Senior |
23-Mar-2020 09:15
Yells: "patience is the key to winning" |
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My avg price is $10. If you have holding power and plan to keep to long terrm, why you brother the price movement now? What you want to do now is to manage and control the emotion. See the price after 1 year, I' m sure it will back to $10+. 
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cheongweevictor
Supreme |
23-Mar-2020 09:08
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for me i sell first.. dont delay,, crises not even half way down.. then buy back later, or u average down later,, but not now
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SEBRAX
Member |
23-Mar-2020 09:06
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LOL 8.51 dunno what to do, bro many people here including myself average price is $10 up.
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TA_Expert
Supreme |
23-Mar-2020 01:03
Yells: "The World has changed" |
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Bro, first of all, why did you buy the shares given current market volatility? Many members are calling people to run for their life as a tsunami wave is coming. Anyway, since you have already bought it, let review using fundamental analysis to evaluate OCBC. Based on FY 2019 result: The bank continues to maintain tier 1 capital ratio which shows the sign of strength. On top of that, NPL is only 1.5% which is very healthy. If you compare against past crisis, you will notice that the NPL remains very healthy such as in 2008/2009. In addition, NAV = $10.38, which surely drop due to poorer Q1 and Q2 2020 performance, but I am not too concerned about it. Don&rsquo t forget, the bank still has the crown jewel - Great Eastern, which they still have not divest out. Price of sale is always a question. The bank has no urgency to sell since GE is a cash cow. Best of all, during this market sell off, the bank has been buying back its shares. This will provide a cushion to the collapse of the share price. From business perspective, the largest market for the bank is from Singapore, followed by China. China is recovering from the virus after 2-3 months of lockdown which is a relief to the bank. However, the impact on Singapore itself is yet to be seen until Q1 result is out.   In terms of exposure, it has practically no or very low exposure to the O & G sector, which means that the recent oil price rout has minimal impact on them. If you compare the current result against those results in 2008, 2009, 2010, you will notice that the bank is very resilient against external shocks. The share price tumbled to $4.31 on 13 March 2009 despite the bank was still profitable at that point in time. The sell off was in line with the boarder market as funds were redeeming. But the fundamental of the bank remained intact. Those investors who have confidence in the bank in those days are handsomely rewarded after the crisis. To me, this crisis is no different from all the crisis that the bank has gone through in the last 3 decades. It will survive. Price crash is good for new entrance but not for existing shareholders. Having said that, given that the bank continues to buy back its shares, a strong support is at $7. We need some funds who have the muscles to short it below $7 and below remains to be seen. Disclaimer: it is just an opinion. Please do your own homework to decide whether to buy or sell or short.
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grab8888
Member |
22-Mar-2020 13:45
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Hi TA expert, may i know what is the chances it hits $6? i have stocks at $8.51, i dont know what to do, any advice?
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TA_Expert
Supreme |
22-Mar-2020 02:33
Yells: "The World has changed" |
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Hopefully, it can reach $5-6.
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Battle123
Elite |
21-Mar-2020 15:23
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Think may start with firers watch your front
Beware |
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gravity8888
Supreme |
21-Mar-2020 10:00
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U still holding on at 1030? | ||||
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BetterStill
Veteran |
21-Mar-2020 09:58
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After you. I bought some at $10.3, this time I am confident can add more around 5-6 dollars.
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famouspinky
Supreme |
20-Mar-2020 22:49
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How much is the dividend
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