| Latest Forum Topics / OCBC Bank Last:23.23 -- |
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OCBC
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FATABA
Supreme |
16-Sep-2016 22:39
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U are generally refering to the private property market. ( which u assume is the bottom) This OCBC sale is a commercial property in Robinson road. I am not certain of the book value but OCBC must have got a good return or they wld not sell. Further , the commercial market is flooded with many properties coming up and not completed yet....with any downturn, and esp after a trump win in USA election ....we can expect the worst to come ...maybe .....my guess is as good as yours  
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Sporeguy
Elite |
16-Sep-2016 22:34
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Notice 1) that the last share buy back was 1st Aug 2016 for 50 lots @$8.67. 2) there is no script div since the last div. |
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investshare
Supreme |
16-Sep-2016 17:13
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Why sell now? Isn't now the property market bottom?
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FATABA
Supreme |
16-Sep-2016 17:10
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OCBC sold 110 Robinson to Indo tycoon......wonder what profit did OCBC made ? ( certainly low on their books ) Monday price will reflect this. |
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brightpoint
Senior |
16-Sep-2016 17:06
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closed, good job...8.70 coming |
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lionking
Member |
16-Sep-2016 14:29
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today is friday, think if can take profit .. why not ? |
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brightpoint
Senior |
16-Sep-2016 09:28
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May test 8.70 |
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Sporeguy
Elite |
08-Sep-2016 16:26
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Why OCBC revert back to cash dividend for the last dividend instead on continuing with script dividene? |
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FATABA
Supreme |
08-Sep-2016 09:50
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Thanks for your clarification.
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sg_investor
Member |
08-Sep-2016 09:43
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Oh! Maybe my post can be interpreted differently.  Business Times mentioned marco polo. Don' t know which bank it will affect but I want to stay safe. 
 
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FATABA
Supreme |
08-Sep-2016 09:26
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So u are saying MP is OCBC customer ?  Or you are saying if MP down , banks would be affected and so OCBC can be affected ?   
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sg_investor
Member |
08-Sep-2016 09:17
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sold. wait for marco polo to clear up. 
 
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investshare
Supreme |
06-Sep-2016 15:07
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Cool, only regret not yet buy enough .
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FATABA
Supreme |
06-Sep-2016 15:04
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Just hope it cross 8.90 today , that would be good. ( strong resistance) ....marching on to 9/9.50 this mth
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john_ric
Supreme |
06-Sep-2016 14:08
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$9 +- very strong resistance.   .   |
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surefire
Member |
06-Sep-2016 13:37
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My target is $10
Vested |
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FATABA
Supreme |
06-Sep-2016 11:37
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OCBC is still solid rock .....back to 8.80 STI  major component now :))  Wld it try break 9 again
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investshare
Supreme |
05-Sep-2016 19:41
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I add at $8,70 today :) | ||||
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FATABA
Supreme |
31-Aug-2016 09:55
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Mkt condiition and sentiment aside.....currently OCBC is having a bk value of 8.55 ( its price to bk value is close to the lowest in last 8 years Dividend yeild is 4.2% as rightly pointed out the best among the 3 banks. if not wrong. still over 850M NET profit for last 2 qtrs. NPL well managed and in fact most conservative approach among local banks. Also GE insurance arm is a weight recent qtrs result due to investment pool .  However wealth mgt bankig is doing very well. ( with addition of many rich chinese from its enlarged base WH ) .....DYODD ...v possible to  see 9.50/10 this year ? Happy investing.   |
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Qanghoo
Supreme |
31-Aug-2016 09:31
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Will it drop < 8.40?  Maybe can wait?  Then pick up for 3Q window dressing?
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