OCBC is trialing behind the other 2 banks
$OCBC Bank (O39.SG)$ any reason why OCBC is trialing behind the other 2 local banks?
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102137116 : I would like to know also. It is seem not really moving up.
Green horn OP 102137116 : I cannot find any negative news. The PE PB ratios are better and yields is also better, that’s why it baffling to me….
PaAg1378 : Cos institutions n retailers r waiting.. All holding on to cash as economists predict further dips
jkak : The recent Dividen payout is the reason
Green horn OP PaAg1378 : Still why the other 2 banks rises?
Green horn OP jkak : The other 2 local banks also paid dividends.
PaAg1378 Green horn OP : Share buy backs? Both have substantial huge investors and probably lesser than 55% retail investors like ocbc..
jkak Green horn OP : Were they raised? Sure or not
jkak Green horn OP : 2 others also down . hmmm
Green horn OP jkak : Rate of decline is lower. Especially UOB seems increased.