$OCBC Bank (O39.SG)$ Good results but similar to UOB, price ...
$OCBC Bank (O39.SG)$ Good results but similar to UOB, price already too high. With 44 cents dividend, it sits at 5.9% dividend which is slightly lower than the usual 6%. Not much room for growth.
Also with the possibility of rate cuts in September, investors are threading more carefully with bank stocks
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幼稚的韭菜 : The performance is much better than Dahua
friend688 : That only 0.1% out. A bit hush on comments with current economic challenges. Anyway I am looking for the year end cpf SA closure rush to the bank to deposit cash by Singaporean.
unfilteredtruths OP 幼稚的韭菜 : Doesn't matter. Based on 44 cents dividend, price is still too high. You can double the profits for all you want, same story - price already too high.
simonbond unfilteredtruths OP : how do u decide whether bank price is high or low?? based on 6% yield?