$OCBC Bank (O39.SG)$ when is a good time to buy and sell?
$OCBC Bank (O39.SG)$ when is a good time to buy and sell?
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Jing Min : seems $13 is abit high to go in
101849989x OP Jing Min : agree is seems too high to buy in now, not sure if it will dip after sg budget announcement?...
102232720仗义执言 : Earnings results will be released soon within this few days. $13.50 should be the target price
101526482 : When we want to buy, price is always too high. When bought, price is always too low. How contradicting we are
Jing Min 101849989x OP : Let's see how. Me looking for long term investing, if below $12 can collect.
maxlim 101526482 : Haha... Ya. So best is to do homework before buying. If drop somemore, buy more. Treat it as a discount.
maxlim : Coming dividend should be at least 28C in view that OCBc capital reserve is one of the highest and the last dividend was lagging behind the other 2 banks. 56C per year is decent, around 4.3% at 13 dollars. If they gave 29C, it is a bonus. Who knows, maybe giving special dividend soon?
sentosa island : 13.50 is too low, 15.00 is high