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OCBC Bank
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OCBC
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Starship
Supreme |
18-Jun-2018 09:46
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The entire stock markets continue to be beaten down despite rosy economic data fm leading nations month after month. Nowadays there are much more traders and shortists in stock markets than real buy-and-hold investors. And traders and shortists use Trump news, Oil Price news and Interest Rate news to churn the markets. Esp. negative news. |
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Forestwood
Member |
18-Jun-2018 09:35
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Now?? Will drop further?
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SgYuan
Supreme |
15-Jun-2018 13:20
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wave c formation change to abc
- wave a 1329 to 1245 delta 84 - wave b 1245 to 1291 - wave c 1291 to ?1207 delta 84 of hit low 1205 pass tgt 1207.
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kclee0153
Member |
14-Jun-2018 16:58
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so,why drop so much ?? | ||||
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michaeltan
Master |
14-Jun-2018 16:54
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I strongly agreed. The singapore banks have plenty of money and need not to borrow from other oversea banks. They are more than eager to borrow you money base on your creditworthiness. The rate increase will be an extra bonus as there are plenty of money in their depository account and they don' t pay rate increase for your money in the bank but charge you for the interest rate increased if you are borrow from them.
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Starship
Supreme |
14-Jun-2018 16:30
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This has been widely published when the Big 3 reported previous quarter results. With each interest rate hike, our banks laugh all the way to...... their own bank. We just need to look at the huge spread between the interest paid on Deposits and the interest the banks charge for Loans, Credit Card Charges, Mortgages, etc. Also, the interests paid by our banks for Foreign Currency Deposits are so pathetic compared to the rates offered by banks in the original country. Just look at NZD and AUD. Yet, the BBs managed to keep crashing our bank stock prices while stealthily collecting cheap shares to prepare for the next wave up ---- once they have published rosy BUY recommendations in all media outlets and investment newsletters.  
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michaeltan
Master |
14-Jun-2018 16:21
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Actually when Federal Reserve increase the intereset rate. The bank tends to benefit from the rate increased. Usually the increase interest rates will pass to the clients as the base lending rate is adjustable. The bank is likely to make more money where as borrowers will need to pay more money.
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SgYuan
Supreme |
14-Jun-2018 16:08
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Go below wave c tgt 1219.
Jia liat.
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sharesharenoharm
Member |
14-Jun-2018 15:01
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siao liao... fly kite liao... |
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Puppylearn
Senior |
14-Jun-2018 14:16
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Then, let's go to World Cup after see can get bonus or not.
Eat at restaurant or at home cook ...
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Puppylearn
Senior |
14-Jun-2018 14:06
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Make me no mood....
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trader25yr
Master |
14-Jun-2018 13:22
Yells: "I hate con man" |
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2014june world cup start OCBC drop for 10+ day leh ... so this time players sell 1st loh ...  but they forget 2014june oil trouble coming ... whereas 2010june world cup half way OCBC go up |
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kclee0153
Member |
14-Jun-2018 13:04
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drop, ! understand... drop so much ! must be something wrong ! | ||||
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Wind22i
Supreme |
14-Jun-2018 13:01
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Ocbc is the smaller bank...with less depositors..
Fed Rate hike will mostly benefit banks with larger depositor base..ie.. lower funding cost.. The other thing is foreign fund may repatriate back funds to US, if the interest rate there goes up.. And we also have world cup and holidays coming.. So a lot of factors... |
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Puppylearn
Senior |
14-Jun-2018 12:58
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这 个 月 没 花 红 了 , 没 得 买 东 西
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kclee0153
Member |
14-Jun-2018 12:55
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隆 重 输 九 晒 ! | ||||
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Puppylearn
Senior |
14-Jun-2018 12:39
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I also want to know why! I believe will fly ✈ why drop a lot....
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Puppylearn
Senior |
13-Jun-2018 22:18
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This month Malaysia G. Eastern & OCBC will report the selling price.
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Starship
Supreme |
13-Jun-2018 17:36
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Malaysia likely to review foreign insurance ownership directive, say sources WED, JUN 13, 2018 - 8:49 AM [HONG KONG] Malaysia is likely to review a directive to foreign insurers to reduce ownership of their local units by nearly a third as finding domestic buyers for the equity stakes is proving hard, three people familiar with the matter said. The review may result in the Malaysian regulator putting the requirement in abeyance, the people said. That would provide respite to foreign firms including Great Eastern Holdings, Prudential, Tokio Marine Holdings and Zurich Insurance by putting off deals worth more than US$2 billion that were being thrust upon them. The potential review of the directive comes against the backdrop of Mahathir Mohamad becoming Malaysia& rsquo s prime minister last month and Muhammad Ibrahim resigning as the central bank governor. Two senior officials who were responsible for issues relating to the insurance sector at Bank Negara Malaysia, the central bank, have also resigned in recent months, two of the people said. One of the sources said stake sale valuations were below expectations of some insurers and they had indicated this to the central bank. The Malaysian regulator, however, is yet to formally inform insurers about the possible review and could still go ahead with the plan by relaxing some conditions, the two other people said, declining to elaborate. https://www.businesstimes.com.sg/banking-finance/malaysia-likely-to-review-foreign-insurance-ownership-directive-say-sources |
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trader25yr
Master |
13-Jun-2018 13:32
Yells: "I hate con man" |
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2014june OCBC fell 10+ days after world cup kick off day1 2010june OCBC fell before kick off but up half way through world cup This year OCBC already falling before kick off, so should be up half way through world cup ...  History always repeats ... with a bit of twist ... |
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