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OCBC Bank
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OCBC
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john_ric
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15-Feb-2016 12:05
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If market stabilises, shortist must get ready to file for bankrupcy. The wheel of geomancy rotates !!     |
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Qanghoo
Supreme |
15-Feb-2016 10:36
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Brother, this is precisely what I mean.  Will they allow the bomb to drop?  I think people just do not understand how  close the regulatory  control is, n how  strong the supervisory  regime is.  Everything here seems well n effectively managed.  That the who banking sector has evolved from a fragmented playgrd of a multitude of small bks to three solid sizeable banking institutions is not by chance.  Go back to the research n see.  If any one of these three pillars were allowed to collapse, imagine how big the detriment to  confidence it' d be not only for the financial sector, but the economy as a whole too - the ripple effects, the loss of jobs, etc, etc.  No, it' d never happen here, for so long as the political landscape remains .... this is no  Baring or Lehman' s land. 
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spore1
Supreme |
15-Feb-2016 10:27
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Likely to cont to trend lower after this short lifting.
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GuavaXF30
Elite |
15-Feb-2016 09:46
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If OCBC close shop, do you think the Goverment will do nothing and allow this to happen ? Look what happen to Muddy Water when they tried to create a run on OLAM. They became Bloody Water.
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student
Master |
15-Feb-2016 06:49
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Banks here will never close shop, since money is the lifeblood of the world. Worst case scenario is their shares, including other co's shares on the market, will be traded at a very low price.
However, 'low' is just a relative idea, for today's 'low' may well become 'high' later, valuations notewithstanding. But no one can tell. As the saying goes, the stock market is an irrational beast.
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student
Master |
15-Feb-2016 06:40
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Banks here will never close shop, since money is the lifeblood of the world. Worst case scenario is their shares, including other co's shares on the market, will be traded at a very low price.
However, 'low' is just a relative idea, for today's 'low' may well become 'high' later, valuations notewithstanding. But no one can tell. As the saying goes, the stock market is an irrational beast.
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Siwomp
Supreme |
15-Feb-2016 01:50
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IMHO......The new reality is most people in the world now are in for the quick money and built their resume for the next job. So long as the shit dun hit the fan when they are still at the job then everything is fine with them. Even if the shit hits the fan when they are still at the job, they will be able to find good reasonable excuses to escape.... like unexpected.... once in a hundred years event, economic cycle, etcs, etcs......
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ecekca
Elite |
14-Feb-2016 23:23
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For retirement buy abit abit.. market time is hard
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lionking
Member |
14-Feb-2016 23:22
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this bank share moved VERY SLOW, u need to buy alot of lots to make enough profits |
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sgng123
Supreme |
14-Feb-2016 23:04
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Don worry banks don close shop in SG, but don expect quick rebound in share price since gov would choose to let investors die than losing people saving. So prepare for more downside in STI with bottom expected   year end.  |
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student
Master |
14-Feb-2016 20:47
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Many aggressive players do practise averaging down with full confidence. It will not be surprising if some of them have jumped after losing big by averaging down.
In reality, it is not easy to live through loss, though it is easy to comfort oneself (or others) with the 'long-term investment' thinking. The hard reality is losses are hard, very hard, to bear in daily living. Disagree at your own risk.
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Qanghoo
Supreme |
14-Feb-2016 20:02
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If OCBC closes shop, u' ll feel the earthquake in spore.
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junction
Master |
14-Feb-2016 19:21
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Yes, the dividend is much better than what you can get in savings or FD from any bank in Singapore.   And I don' t think OCBC will close shop.   So don' t worry, be happy!
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Nirmal
Member |
14-Feb-2016 19:17
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I would like to thank those who reply for guidance while I am thinking was it a good move or bad 1, I honestly plan to hold long term but from 10.12 to current price is too much difference that was causing the uneasiness in me. While average down made me felt better, I felt bad as well as I had to borrow to do it. First time I ever borrowed from anyone. | ||||
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GuavaXF30
Elite |
14-Feb-2016 15:33
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I agree. This is OCBC you are talking about. The most is treat this as fixed D for a couple of years and collect dividend in the meantime. But I don' t think it will be that long. But one thing I have to add. NEVER borrow money! Even from your mum. The worst is  your price is at 10.12. So what ? It will cross this eventually.
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ken3478
Member |
14-Feb-2016 14:33
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Buy sell buy sell the end u will 起 笑
Very positive thinking |
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junction
Master |
14-Feb-2016 13:12
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My take is buy within your means and don' t buy sell buy sell unless you think you are expert. Don' t burrow to buy or leverage.   Whatever you buy, you must be able to sleep easy with your decision otherwise don' t be involved in shares.   If you do that you will be rewarded if you have the discipline and patience.   Your price of $8.01 is not bad in this downtrend - you should be able to make money in a couple of years in my opinion.   Don' t be unduly influenced by what you read here.   Dyodd.
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sharenewbie0301
Veteran |
13-Feb-2016 20:06
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Personally I buy and sell every cycle. If you monitor it you can try to do so too. Try to buy at almost lowest price and sell when there's substantial profit. The price quite volatile. And from my observation this share seems to follow Dow / sse index
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Nirmal
Member |
13-Feb-2016 19:07
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Hey there, mind advising a newbie small time investor. I started buying this piece when it was 10.12, I managed to avg down to $8.01as of date holding 2000 pieces.
I can't afford to avg down anymore. (Borrowed from mom to avg down) |
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spore1
Supreme |
13-Feb-2016 13:23
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Is more of a hit & run strategy approach to play in current bearish MKT.Don't bet too much of oil price rally.Not realistic.The higher the hope when MKT drops further u will b more disappointed.
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