
Thanks. TA cannot be believed, of course, as it uses past data to determine the trend. There is no way it can give us 100% accuracy. It is just statistical and gives one a better probability of being right. TA people are normally wrong when they do not follow strictly to the rules set. They are wrong because they are emotional people.
I was told by my friend that some investment houses even use automated TA software to aid them in buy/sell. In this way, emotion is minimsed, and they can do better. Not sure if it is true but i'm sure TA executed by computers can profit better.
Just for info.
pasttime ( Date: 05-Jul-2008 11:18) Posted:
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ta is what the controller draw for you to see.
don;t believe too much.
Oversea-Chinese Banking Corporation Limited
Co. Reg. no.: 193200032W
Pursuant to Rule 704(26) of the Listing Manual of the Singapore Exchange Securities Trading
Limited, Oversea-Chinese Banking Corporation Limited wishes to announce the following details
on the use of treasury shares:
(a) Date of the sale, transfer, cancellation and/or use: 4 July 2008
(b) Purpose of such sale, transfer, cancellation and/or
use:
Employees' share schemes
(c) Number of treasury shares sold, transferred,
cancelled and/or used:
9,958
(d) Number of treasury shares before and after such Before change 31,443,631
sale, transfer, cancellation and/or use:
After change 31,433,673
(e) Percentage of the number of treasury shares Before change 1.0159%
against the total number of shares outstanding in
a class that is listed before and after such sale,
transfer, cancellation and/or use:
After change 1.0156%
(f) Value of the treasury shares if they are used for a
sale or transfer, or cancelled:
S$68,100.77
Issued by
Oversea-Chinese Banking Corporation Limited
4 July 2008
Oversea-Chinese Banking Corporation Limited
Co. Reg. no.: 193200032W
Pursuant to Rule 704(26) of the Listing Manual of the Singapore Exchange Securities Trading
Limited, Oversea-Chinese Banking Corporation Limited wishes to announce the following details
on the use of treasury shares:
(a) Date of the sale, transfer, cancellation and/or use: 3 July 2008
(b) Purpose of such sale, transfer, cancellation and/or
use:
Employees' share schemes
(c) Number of treasury shares sold, transferred,
cancelled and/or used:
11,520
(d) Number of treasury shares before and after such Before change 31,455,151
sale, transfer, cancellation and/or use:
After change 31,443,631
(e) Percentage of the number of treasury shares Before change 1.0163%
against the total number of shares outstanding in
a class that is listed before and after such sale,
transfer, cancellation and/or use:
After change 1.0159%
(f) Value of the treasury shares if they are used for a
sale or transfer, or cancelled:
S$78,782.98
Issued by
Oversea-Chinese Banking Corporation Limited
3 July 2008
Oversea-Chinese Banking Corporation Limited
Co. Reg. no.: 193200032W
Pursuant to Rule 704(26) of the Listing Manual of the Singapore Exchange Securities Trading
Limited, Oversea-Chinese Banking Corporation Limited wishes to announce the following details
on the use of treasury shares:
(a) Date of the sale, transfer, cancellation and/or use: 2 July 2008
(b) Purpose of such sale, transfer, cancellation and/or
use:
Employees' share schemes
(c) Number of treasury shares sold, transferred,
cancelled and/or used:
9,820
Before change 31,464,971 (d) Number of treasury shares before and after such
sale, transfer, cancellation and/or use:
After change 31,455,151
Before change 1.0166% (e) Percentage of the number of treasury shares
against the total number of shares outstanding in
a class that is listed before and after such sale,
transfer, cancellation and/or use:
After change 1.0163%
(f) Value of the treasury shares if they are used for a
sale or transfer, or cancelled:
S$67,157.02
Issued by
Oversea-Chinese Banking Corporation Limited
2 July 2008
OCBC has broken out of its down trend...
remember to put your stop loss just in case
Oversea-Chinese Banking Corporation Limited
Co. Reg. no.: 193200032W
Pursuant to Rule 704(26) of the Listing Manual of the Singapore Exchange Securities Trading
Limited, Oversea-Chinese Banking Corporation Limited wishes to announce the following details
on the use of treasury shares:
(a) Date of the sale, transfer, cancellation and/or use: 30 June 2008
(b) Purpose of such sale, transfer, cancellation and/or
use:
Employees' share schemes
(c) Number of treasury shares sold, transferred,
cancelled and/or used:
18,022
(d) Number of treasury shares before and after such Before change 31,492,392
sale, transfer, cancellation and/or use:
After change 31,474,370
(e) Percentage of the number of treasury shares Before change 1.0175%
against the total number of shares outstanding in
a class that is listed before and after such sale,
transfer, cancellation and/or use:
After change 1.0169%
(f) Value of the treasury shares if they are used for a
sale or transfer, or cancelled:
S$123,248.86
Issued by
Oversea-Chinese Banking Corporation Limited
30 June 2008
Nobody knows. Just nibble along the way in case there is a rally, really nobody knows, even greatest fund managers cannot predict accurately. I think it has fallen quite a lot from its peak. Pick 1 now and later if it drops to 7, pick another 1 or 2. If it drops to 6, pick another 3-6 and so on. Wait for bull to come and we will be rewarded.
sanyad74 ( Date: 28-Jun-2008 17:26) Posted:
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I feel 8 * is still expensive looking at the present situation. I think $7.70 is better pick for OCBC bank...
It definitely will go down... Happy Trading!
OCBC is strong, gd to keep some if break $8 on Monday......
FD is low why not blue chip
GD luck
19,520 treasury shares (valued at $133,493.38) used for employess share scheme.
OVERSEA-CHINESE BANKING CORP
MISCELLANEOUS :: NOTICE OF USE OF TREASURY SHARES
258436 treasury shares (valued at $173,951.72) used for employess share scheme.
OVERSEA-CHINESE BANKING CORP
MISCELLANEOUS :: NOTICE OF USE OF TREASURY SHARES
25850 treasury shares (valued at $176,782.98) used for employess share scheme.
OVERSEA-CHINESE BANKING CORP
MISCELLANEOUS :: NOTICE OF USE OF TREASURY SHARES
8994 treasury shares (valued at $61508.17) used for employess share scheme.
OVERSEA-CHINESE BANKING CORP
MISCELLANEOUS :: NOTICE OF USE OF TREASURY SHARES
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_5F0AA81B9542A27348257443004B2D37/$file/Announcement_080508.pdf?openelement
Extract from the above, 14cts div will be paid on 10Jun08, Ex date is 29May08, correct me if I am wrong.
14c div this time, thus a total div of 28 c (up from 23c the last finanacial yr). Ex date -- not sure.