OCBC Bank    Last:16.35    +0.12

OCBC

The current price looks very attractive for long term investing!

 

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I believe HKMA will intevene next week, which day, i don't know. That will be the turning point.

 

I don't know...........Korea is very very tense now. They are running low on USD.  Newspaper said it is the Iceland of Asia.

goondoo      ( Date: 24-Oct-2008 14:43) Posted: Dun worry, we are at the end of the tunnel, next fri will be 31st Oct. Usually capitulation ends in Oct. 4 more trading days next wk to go, see how much it can fall. Maybe drop 400 pt in 4 days to reach 1200? Then bull run and everybody happy.

 

If ST 1390 cannot hold it will go  down to 1000

Always say like this baby also know  .

If so smart,how came so many bank and securities co. need gov. to help?

 

Andrew      ( Date: 24-Oct-2008 14:51) Posted: Really...still early.....called a VP broker hse....still can look see look see.... Today heard Captial 958, the DJ seems to lost his cool when he ask KimEng ana for Keppel Land if the TP based on technical of 46cts is rational !!!! So KimEng analyst said.....if you are at 4 dollar....it look irrational.  If you are looking at 46cts price....now is coming back to rational.....WOW ....might well don't say lor... KimEng said STI Target 1390, down from 1665....if today cannot hold.

 

Really...still early.....called a VP broker hse....still can look see look see....

Today heard Captial 958, the DJ seems to lost his cool when he ask KimEng ana for Keppel Land if the TP based on technical of 46cts is rational !!!!

So KimEng analyst said.....if you are at 4 dollar....it look irrational.  If you are looking at 46cts price....now is coming back to rational.....WOW ....might well don't say lor...

KimEng said STI Target 1390, down from 1665....if today cannot hold.

 

Dun worry, we are at the end of the tunnel, next fri will be 31st Oct.

Usually capitulation ends in Oct. 4 more trading days next wk to go, see how much it can fall.

Maybe drop 400 pt in 4 days to reach 1200? Then bull run and everybody happy.

 

I bought at 5.55 yesterday, too early to entre...

Andrew      ( Date: 24-Oct-2008 14:30) Posted: Today newspaper wrote that there is a concern on Las Vegas Sands......it stock price has fallen from US124  to yesterday USD12. Will the Singapore casino be affected ?? They show a photo of the construction site.......half cooked......

 

True lah.

goondoo      ( Date: 24-Oct-2008 12:33) Posted: It's good to reach STI 1500 or even STI 1200, sooner in the next 1 to 2 weeks than later, let the pain come quickly rather than drag on endlessly.

 

Today newspaper wrote that there is a concern on Las Vegas Sands......it stock price has fallen from US124  to yesterday USD12.

Will the Singapore casino be affected ??

They show a photo of the construction site.......half cooked......

 

 

 

buy @ 5.01 or wait it break 5.00, need expert opinion. . .

 

It's good to reach STI 1500 or even STI 1200, sooner in the next 1 to 2 weeks than later, let the pain come quickly rather than drag on endlessly.

 

Its confidence level to make Asian markets bearish.

Regional countries, with low foreign reserve, may suffer further melt down on their financing sectors. Worry???

Analyst said STI will reach 1500 by 1H 09. Now, looking at the current situation, we may "celebrate" it before X'mas liao. God bless loh.

Above is not a discouraging call, but just AK worries, being as a small investor to share with all. 

pointer      ( Date: 24-Oct-2008 11:56) Posted: Looks like a false anchor to me. Before u decide to buy in ask yourself, "Why is there a long queue at $5.00 & is building?" They are not done with the selling yet. Look at SPC, Capland & SemCorp. Drop like birdie droppings. DnApeh      ( Date: 24-Oct-2008 11:47) Posted: Can $5 hold?

 

Looks like a false anchor to me.

Before u decide to buy in ask yourself, "Why is there a long queue at $5.00 & is building?"

They are not done with the selling yet. Look at SPC, Capland & SemCorp. Drop like birdie droppings.

DnApeh      ( Date: 24-Oct-2008 11:47) Posted: Can $5 hold?

 

Can $5 hold?

 

yup,if dow can maintain it green through the night ...

ace6868      ( Date: 23-Oct-2008 23:40) Posted: Are you implying that ocbc will go up tomorrow? leong3k      ( Date: 23-Oct-2008 23:25) Posted: Missed  out today closing price if not 2moro can earn some kopi$....

 

Are you implying that ocbc will go up tomorrow?

leong3k      ( Date: 23-Oct-2008 23:25) Posted: Missed  out today closing price if not 2moro can earn some kopi$....

 

I think $5 is a good entry pt provided it go so low (may rebound at $5.1 if everyone q near $5).

$5 is at book value which only happens in Mar 2003 (Book value then was $4, so share price was $4 then, but OCBC has grown and book value now is $5).

 

Missed  out today closing price if not 2moro can earn some kopi$....

 

Mayb huh. Think I will wait for a couple of weeks before i make my decision. Think havent reach the bottom yet. :)

 

My personal finance blog

 

har?? $5 ??ehh..i thk can go to $3 leh.....as i said...Banking sector is got lot of ROOM(meat) for eating!! hee....