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AhLiang Elite	09-May-2020 06:27        AhLiang About Contact  Quote this Post!
x 0   x 0  Alert Admin	It seems to me invisible hands were supporting the price yesterday? Major share holders / directors? I wonder whether Great Eastern was the main cause of its poor results compared to the other 2 banks. Waiting to see some analysis on this. Justice888      ( Date: 08-May-2020 19:56) Posted: Maybe price in? Already drop 25% from 52 weeks high . Drop 38% from 3 years high Goldfinger      ( Date: 08-May-2020 10:06) Posted: Yes, if such horrible results see minimal price drop - it does seem to suggest that SGX stocks are now considered cheap.  Let us see what happens are this. Any further easing of circuit breakers can only be seen as very good news for Singapore and SGX stocks going forward.
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AhLiang Elite	08-May-2020 21:03        AhLiang About Contact  Quote this Post!
x 0   x 0  Alert Admin	How banks (finance) perform depend on other businesses too. Air travel, tourism related, O&G businesses all will affect. All quite worrying.
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john_ric Supreme	08-May-2020 20:33        john_ric About Contact  Quote this Post!
x 0   x 1  Alert Admin	from the price chart we can also see some hints. it' s now at the accumulation price level. let' s do a calculation: if after 2 years it can rise to 10$ (which is not too demanding right), then yield is (10$-8.88)=1.12/    10$  =   11.2% yield  or 5.6% per annum.    {today' s closing price is 8.88$} better than cpf 4%?? and this is b4 taking divi into    account. not a multi bagger stock but quite good already.
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DooDoo Senior	08-May-2020 20:24        DooDoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Now too cheap liao
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Justice888 Supreme	08-May-2020 19:56        Justice888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maybe price in? Already drop 25% from 52 weeks high . Drop 38% from 3 years high Goldfinger      ( Date: 08-May-2020 10:06) Posted: Yes, if such horrible results see minimal price drop - it does seem to suggest that SGX stocks are now considered cheap.  Let us see what happens are this. Any further easing of circuit breakers can only be seen as very good news for Singapore and SGX stocks going forward.
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Acl2013 Veteran	08-May-2020 19:49        Acl2013 About Contact  Quote this Post!
x 0   x 0  Alert Admin	OCBC Net profit 1Q19 1,232 1Q20 698 down 43% Banking 1Q19 942 1Q20 680 down 28% Insurance 1Q10 290 1Q20 18 down 94%   More interesting is second Q results.
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john_ric Supreme	08-May-2020 10:36        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	lower profit mainly due to 1)high provision for o& g and 2)covid-19. operational profit affected by 3)GE' s 90% make to market (MTM) provision. most likely q2 would only be affected by covid-19. facto  q2?rs 1) & 2) should be minimal after q1' s provision. so can hope for a better q2 ? q2 is more impactful as there will be dividend announcement again. ..
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TA_Expert Supreme	08-May-2020 10:09        TA_Expert About Contact  Quote this Post!   Yells: "The World has changed"
x 0   x 0  Alert Admin	You are right. Nobody wants to sell. Markets are flooded with cheap monies. All buying into asset classes, not just shares. Look at gold and  cryptocurrency also rallied like no tomorrow. With world economy plunges into recession but the asset classes aren' t going in the same direction tells you that the big boss is controlling the money flow. Goldfinger      ( Date: 08-May-2020 10:06) Posted: Yes, if such horrible results see minimal price drop - it does seem to suggest that SGX stocks are now considered cheap.  Let us see what happens are this. Any further easing of circuit breakers can only be seen as very good news for Singapore and SGX stocks going forward.
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Goldfinger Supreme	08-May-2020 10:06        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, if such horrible results see minimal price drop - it does seem to suggest that SGX stocks are now considered cheap.  Let us see what happens are this. Any further easing of circuit breakers can only be seen as very good news for Singapore and SGX stocks going forward.
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TA_Expert Supreme	08-May-2020 10:00        TA_Expert About Contact  Quote this Post!   Yells: "The World has changed"
x 0   x 0  Alert Admin	Drop 2 cents after posting lousy result? lol.....
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FATABA Supreme	08-May-2020 10:00        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	OCBC result cld be seen as within  expectation .  On top of the surge in provisions ......there are also a large 92% drop in GE which is deal to MTM drop.  Dyodd  XD 27th May for its end 2019 28c dividend ( not related to this Q1 result ) but certainly a gd cushion to its weaker Q1.   john_ric      ( Date: 08-May-2020 08:41) Posted: OCBC Q1 profit slumps 43% on lower insurance contributions, surge in provisions !! R
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AhLiang Elite	08-May-2020 09:58        AhLiang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Now still deep. Next report will be very much worse. limcs84      ( Date: 08-May-2020 09:52) Posted: The price of $7.90 was the time the coronavirus virus had a deep impact in Singapore. AhLiang      ( Date: 07-May-2020 18:56) Posted: DBS gave OCBC TP of $7.90
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limcs84 Member	08-May-2020 09:52        limcs84 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The price of $7.90 was the time the coronavirus virus had a deep impact in Singapore. AhLiang      ( Date: 07-May-2020 18:56) Posted: DBS gave OCBC TP of $7.90
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john_ric Supreme	08-May-2020 08:41        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	OCBC Q1 profit slumps 43% on lower insurance contributions, surge in provisions !! R
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john_ric Supreme	07-May-2020 20:28        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	philips sec gives 12.10 tp.
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john_ric Supreme	07-May-2020 20:27        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	OVERSEA-CHINESE BANKING CORP (SGX:O39) Target Price. BY ... CGS-CIMB 2020-04-25 ADD 9.040   =========================== DBS Research 2020-04-22 HOLD 7.900                  &rArr lowest tp (prev 8.600) =====================   Maybank Kim Eng 2020-04-24 BUY 10.320   ============================ OCBC Investment 2019-07-24 NOT RATED N/A   Phillip Securities 2020-04-22 ACCUMULATE 12.100              &rArr highest tp   ============================== RHB Invest 2020-04-22 NEUTRAL 9.000 (prev 9.600) ===================================   UOB Kay Hian 2020-04-22 BUY 9.780 (prev 10.360)
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AhLiang Elite	07-May-2020 18:56        AhLiang About Contact  Quote this Post!
x 0   x 0  Alert Admin	DBS gave OCBC TP of $7.90
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john_ric Supreme	07-May-2020 18:40        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	depends. if got major bad news then possible.   polarinda      ( Date: 07-May-2020 17:14) Posted: Will hit 8 by ex D?
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polarinda Master	07-May-2020 17:14        polarinda About Contact  Quote this Post!
x 0   x 0  Alert Admin	Will hit 8 by ex D?
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john_ric Supreme	07-May-2020 16:32        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	Analysts already projected 19% down in profit
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