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6401-6420 of 6990
be steady....no worries....price is stablizing and should see a bottom today
Market correction?
u can make at least 0.3 within 3 mths
If have a time horizon of 6 months....will be ok
I think OCBC is close to a bottom.....
I guess the issue with many is the time frame ....long meanng 1 year or just one mth. ?
OCBC certainly has a good dividend yield and with a rising interest rate in 2H of this year, it is positive for OCBC and other banks
Further I dont see any reason for them to do badly in the 2Q result and expect a reasonable first half results.
If you are holdng for the longer term , then you shld be able to see the value . : )
chinsy ( Date: 27-May-2015 16:29) Posted:
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Yes, I hold on the stock. Just hope it is not a bad to go down further. Though the consensus is 11+ , I can accept resistant at 10.5 but futher go down seem unclear any reason.
I just bought in at 10.35 and will be holding it for some money to buy some good coffee.
If buy already....just hold on. Sometimes, we may make an LONG entry based on what is best at the situation and stock goes down further, just hang on and wait. That is how the game is always played for the 3 banks.
ocbc safe level to buy 10.20-10.30
Almsoo7 ( Date: 27-May-2015 15:01) Posted:
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Hey I'm in the same situation as you. No idea why but I see a similar trend with other 2 banks though not as bad as OCBC. I'm tempted to average down but not sure if the current trend is good to do so as the pricr has broke below the short term 10.38 support.
chinsy ( Date: 27-May-2015 11:57) Posted:
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I think most Bchip are at very high hill.
I just start buying share and though OCBC is blue chip share. I enter at during high side. Anyone can share why the price dropping even though the news is OCBC want to buy back the share? I thought it is always good when a company buy back own share and price shall go up. Sorry I ask such simply question but really new to stock and hope to know.
bank been buying back share
150,000 shares today at $10.42
to date over 1,500,000 shares since April
Clear the 10.42 :) and with Feb intented interest increase in June or Q3......banks will gain .Test $11
FATABA ( Date: 25-May-2015 21:31) Posted:
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11 to 11.2 range
Strong support at 10.38/40 ,,,,but seem like sellers coming in at 10.42....hope it clear the 10.50 and march up soon.
Immortal ( Date: 25-May-2015 20:46) Posted:
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Ready to charge....
Read in one report.
May hit 11.60???
Just checked....seem like got share buyback announcement today....continue buy more