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OCBC Bank
Last:23.46
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Medtecs
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Qanghoo
Supreme |
09-Dec-2015 20:45
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But if u scroll down, u are referred to reports that it' s subprime bank in PRC, n that they are overcommitted, bla, bla, bla .... So, what do we say? 
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ecekca
Elite |
09-Dec-2015 20:38
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See how those foreign banks are cutting headcounts ..its an indication of a bear market coming. Employees who are working in banks are feeling very low morale ....
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Ray12888
Veteran |
09-Dec-2015 20:05
Yells: "MoneyInTheChart com / blog" |
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Ocbc is one of the stronger bank in Singapore and Asia, yet its share price  looks so bad now.  Probably, the bear market had already began. Just be cautious. If you are not comfortable, just stay away from the market.     |
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Qanghoo
Supreme |
09-Dec-2015 18:54
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I' m only a longist, anti-short.  But in this mkt, I believe being long along cannot survive.  One has to be expert in playing both sides lah.  But I think high proportion of seniors are more comfortable investing for long term.  When they put their retirement nest eggs in a mkt like this, a lot of them probably end up in SGH more often due SGX-syndrome.  Spare a thought for them cos this alone wld probably shorten their lives. 
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fortunecat
Master |
09-Dec-2015 18:51
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Is there anything that can be buy at all in STI... everything is just breaking lower and lower. Once in  a while  rebounce a bit to trap you then go down again  :( |
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gsasgx
Member |
09-Dec-2015 18:46
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ocbc is a goner...
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feedfrenzy
Veteran |
09-Dec-2015 17:26
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nope i didnt jeep yet.. monitoring, Yes yo uare right.. its like the BB come early morning pump the price up then they sell at closing and leave us all high and dry. Lets see what tomorrow will bring. I have another big position will close that position first and focus on OCBC haha.. sometimes i think long very hard to make money takes forever but short i cannot sleep at night :D
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Qanghoo
Supreme |
09-Dec-2015 17:20
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Haha, brother, close back 8.68.  Did u jeep?  Hope not cos I' ve a haunch it cld be 8.60 tmr.  In this stupid mkt, where px seem to be taking the southbound train all the time, it' s really hazardous trading. 
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feedfrenzy
Veteran |
09-Dec-2015 14:09
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now 8.71   difference of 0.03 1 lot is already $30 10 lots is $300 leh.. 
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Qanghoo
Supreme |
09-Dec-2015 13:53
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But now only 8.70, just a minute difference leh.
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temp123
Senior |
09-Dec-2015 13:52
Yells: "." |
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8.68 and 8.7, what' s the diff? 
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feedfrenzy
Veteran |
09-Dec-2015 13:49
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missed my chace to scoop ocbc low at 8.68 earlier today.  |
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Qanghoo
Supreme |
09-Dec-2015 10:21
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Interest rate up shd be positive for banks, shldn' t it?  NIM becomes fatter. 
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Moomoomoo
Senior |
09-Dec-2015 09:55
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What are the likely impact on OCBC stock price, if Fed rate hike on 16th? Any experts can share their views? Thanks! | ||||
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Qanghoo
Supreme |
08-Dec-2015 23:20
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To me, hard to say leh.  Cos if they want to make the STI look good, then the banks become prime candidates to do so, n going up to $10 will not be difficult.  But if index remains at this level, then, yes, hard to reach 10. 
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qwerty91
Member |
08-Dec-2015 23:03
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seems going to be a hard time next year to reach 10 |
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feedfrenzy
Veteran |
08-Dec-2015 09:30
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seems to be a fight between 2 BB. i saw one wil short and another long.    I shorted abit yesterday because abit too good to be true and true enough this morning gap down and i sold it..   I think this counter without the bid/ask function abit hard to monitor..   You can clearly see whre are they moving their next support and resistence line... i dont dare to short now.. maybe will scoop some when it drops to 8.6plus again :D
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gsasgx
Member |
08-Dec-2015 09:20
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the trading trend for ocbc is go to Jurong and back to changi airport and back to jurong by the end of the day... and repeat day after day...
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Qanghoo
Supreme |
08-Dec-2015 09:18
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That' s become sgx mkt culture.  DJ up, pump up banks.  DJ down, dump banks.  No need to talk abt fundamentals one. 
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feedfrenzy
Veteran |
08-Dec-2015 09:15
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gap down this morning! |
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