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OCBC Bank
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OCBC
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investshare
Supreme |
21-Dec-2015 18:03
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so now rate hike, why still price not up?? |
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Moomoomoo
Senior |
19-Dec-2015 01:05
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DJI down 200 plus again... heng | ||||
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Moomoomoo
Senior |
18-Dec-2015 20:11
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Quote the wrong person....referring to qanghoo
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Moomoomoo
Senior |
18-Dec-2015 20:09
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Swee! I like your analysis! I'm holding on to my ocbc for the time being, but think it will take months. Lets us huat together!
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Qanghoo
Supreme |
18-Dec-2015 20:02
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Oh, forgot to add that banks are also steroids for index pumping. 
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Qanghoo
Supreme |
18-Dec-2015 20:00
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My personal take is the Banks will be among the first to chiong, n be ahead of the race if n when mkt turns.  Only unknown is will this mkt ever turn n when?  It' s been in ICU for so long already.  For me, banks will chiong faster than SPH as I think SPH has limited upside whereas the banks are interest-rate-hike positive.  DYODD though, just my 1ct. 
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ecekca
Elite |
18-Dec-2015 17:25
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rem your switching cost
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Moomoomoo
Senior |
18-Dec-2015 15:57
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It would be fun to compile what these analysts said on tv before fed hike into a video vs what's happening in reality.
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Moomoomoo
Senior |
18-Dec-2015 15:53
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True.... I don't trust what those analysts saying bank will ching after fed hike. True enough..look at the market after the hike...it went opposite direction. Heng I shifted to SPH. For ocbc I think it will take a long time for it to recover back.
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gsasgx
Member |
18-Dec-2015 13:27
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still think that it is very hard for ocbc to be able to climb out of the $8... plus...
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Moomoomoo
Senior |
18-Dec-2015 09:47
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Indeed, but seems like SPH is the brightspot for now. Look at its movement and judge for yourself. Better be safe than sorry.
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lighter87
Master |
18-Dec-2015 09:25
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Sheng xiong is also another defensive stock | ||||
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Moomoomoo
Senior |
18-Dec-2015 09:03
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Look at DJ last night and today's STI opening, heng I shifted my fund to SPH. Think will park there for at least a few months. Huat everyone.
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Moomoomoo
Senior |
17-Dec-2015 10:39
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Good assessment! ! Si Pei Ho!
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Qanghoo
Supreme |
17-Dec-2015 10:36
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To an extent SPH is defensive.  But so are the banks.  Just that people are just making excuses to hammer them down to collect cheap n/or press down the index.  Favourite ploy seems to be the banks n maybe stel.  Used to be Jardine grp, until they got removed from index, precisely to try to contain excessive volatility in STI.  . 
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lglg666
Supreme |
17-Dec-2015 10:33
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Maybe best to pull all my money out from the stock market and enjoy myself lol.
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Moomoomoo
Senior |
17-Dec-2015 10:22
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I maybe wrong....but based on history...times like this good to park you funds at defensive stock for the time being. Think SPH Is a good buy...just xd some more it's target price by bank is 4.10. 5% dividend..good for now. SPH = Si Pei Ho lol
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lglg666
Supreme |
17-Dec-2015 10:17
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Yeah didn't expect the unexpected lol. Crap!
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Moomoomoo
Senior |
17-Dec-2015 10:15
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Expect the unexpected! Heng...I parked my fund at defensive stock like SPH...
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Qanghoo
Supreme |
17-Dec-2015 10:09
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Mkt forever down one, whether it' s nodex or whatever else.  Just that nodex seems to be coincidental that' s all.  If tmr down again n others are still up then  what else?  Bese all can quit the mkt n let the cks run the show. 
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