OCBC Bank    Last:23.94    -0.06

OCBC - Riding high on rising rates

at " capture dip" opportunity again .....

 

It will be good if that happen soon.   Then can sell some and wait for pullback to reenter.

seanpent      ( Date: 23-Feb-2017 16:17) Posted: Even Kepcorp making its way towards $7 ..... think a $21 DBS and a $11 OCBC may  not be far fetch .....

 

lynmin0197      ( Date: 23-Feb-2017 16:55) Posted: Keeping my fingers crossed. seanpent      ( Date: 23-Feb-2017 16:48) Posted: Today DBS continue its upwave and leading the way ...... may likely see a strong catch up tomorrow by OCBC .....

 

seem like they take turn to push index....one bank per day . LOL

seanpent      ( Date: 23-Feb-2017 16:48) Posted: Today DBS continue its upwave and leading the way ...... may likely see a strong catch up tomorrow by OCBC ..... FATABA      ( Date: 23-Feb-2017 14:27) Posted: UE is all quiet ....and price is above 2.90 for days...... ​ OCBC is climbing back .....when will it hit 9 ....maybe when Mar rate hike

 

Keeping my fingers crossed.

seanpent      ( Date: 23-Feb-2017 16:48) Posted: Today DBS continue its upwave and leading the way ...... may likely see a strong catch up tomorrow by OCBC ..... FATABA      ( Date: 23-Feb-2017 14:27) Posted: UE is all quiet ....and price is above 2.90 for days...... ​ OCBC is climbing back .....when will it hit 9 ....maybe when Mar rate hike

 

Today DBS continue its upwave and leading the way ...... may likely see a strong catch up tomorrow by OCBC .....

FATABA      ( Date: 23-Feb-2017 14:27) Posted: UE is all quiet ....and price is above 2.90 for days...... ​ OCBC is climbing back .....when will it hit 9 ....maybe when Mar rate hike

 

Agree on the possibility in light of the UE developments .....

FATABA      ( Date: 23-Feb-2017 16:31) Posted: For OCBC, there is certainly a big catalyst coming up ( mar ? ) ...that is the offer for UE . ​ So $11 is very possible once a good offer is confirmed. seanpent      ( Date: 23-Feb-2017 16:17) Posted: Even Kepcorp making its way towards $7 ..... think a $21 DBS and a $11 OCBC may  not be far fetch .....

 

For OCBC, there is certainly a big catalyst coming up ( mar ? ) ...that is the offer for UE .
​ So $11 is very possible once a good offer is confirmed.

seanpent      ( Date: 23-Feb-2017 16:17) Posted: Even Kepcorp making its way towards $7 ..... think a $21 DBS and a $11 OCBC may  not be far fetch .....

 

Even Kepcorp making its way towards $7 ..... think a $21 DBS and a $11 OCBC may  not be far fetch .....

 

Sorry I mean $10....getting sleepy ...Zzzz

 

FATABA      ( Date: 23-Feb-2017 14:27) Posted: UE is all quiet ....and price is above 2.90 for days...... ​ OCBC is climbing back .....when will it hit 9 ....maybe when Mar rate hike

 

UE is all quiet ....and price is above 2.90 for days......
​ OCBC is climbing back .....when will it hit 9 ....maybe when Mar rate hike

 

Rate hike may come " fairly soon" .....

http://www.euronews.com/2017/02/22/many-fed-policymakers-said-rate-hike-may-come-fairly-soon-minutes

 

+ a potential to move towards gap covering  created  between  13-Feb and 14-Feb .....

yesterday crossed 9.60 ..... after this conso, next destination likely a cross over 9.70 .....

seanpent      ( Date: 23-Feb-2017 10:17) Posted: technically .....  still a  " capture dip, ride wave" approach in a bullish trend ..... FATABA      ( Date: 22-Feb-2017 15:26) Posted: our banks are back ...:))  ​ Results and recent oil issue w Erza seems to be forgotten. LOL

 

technically .....  still a  " capture dip, ride wave" approach in a bullish trend .....

FATABA      ( Date: 22-Feb-2017 15:26) Posted: our banks are back ...:))  ​ Results and recent oil issue w Erza seems to be forgotten. LOL seanpent      ( Date: 22-Feb-2017 12:36) Posted: another viable consideration - the potential UE sale .....

 

 

Black can become white ...and vv,  I guess its all up to this so call reporting LOL
​ But I do think there are still upside for our banks.......write more from this broking houses......

 

&ldquo Headwinds from the O& G sector would diminish as we believe Singapore banks have already recognised the larger troubled accounts from the O& G sector as NPLS. Higher interest rates and bond yields are also positive for banks

Koh says UOB&rsquo s 4Q16 results stood out due to the improvement in asset quality. On the other hand, results from DBS and OCBC came in slightly below expectations due to higher-than-anticipated specific provisions.

Specific provisions rose to $432 million for DBS, $235 million for OCBC and $482 million for UOB due to the steep fall in valuations for collaterals. But UOB offset the huge negative impact with writeback in general provisions of $310 million.

Loan-loss coverage are 96.9% for DBS, 100% for OCBC and 118% for UOB. DBS will set aside the gain of $350 million from the divestment of PwC Building as general provisions, thus beefing up loan-loss coverage to 104% in 1Q17.

 

congrats  ..... as long as there' s profit ..... a bird in hand is worth more than 2 in the bush .....

 

leongyan      ( Date: 22-Feb-2017 15:06) Posted: Sold GLP off too early so never really chased it back.. so focus on other blue chip counters seanpent      ( Date: 22-Feb-2017 13:05) Posted: yup ..... some appropriate balancing required ..... :) and particularly, not forgetting to keep watch for the next big thing ..... Global Logistics Properties ..... which could be breaking out anytime soon .....

 

our banks are back ...:)) 
​ Results and recent oil issue w Erza seems to be forgotten. LOL

seanpent      ( Date: 22-Feb-2017 12:36) Posted: another viable consideration - the potential UE sale ..... seanpent      ( Date: 22-Feb-2017 11:37) Posted: reasonable level for buy back too ...... with the dividend taken into consideration, the nett buy price is very much lower .....

 

Sold GLP off too early so never really chased it back.. so focus on other blue chip counters

seanpent      ( Date: 22-Feb-2017 13:05) Posted: yup ..... some appropriate balancing required ..... :) and particularly, not forgetting to keep watch for the next big thing ..... Global Logistics Properties ..... which could be breaking out anytime soon ..... leongyan      ( Date: 22-Feb-2017 12:57) Posted: Keep your 50 lots for mid term And the other 50 lots to trade and make infra short term gain

 

yup ..... some appropriate balancing required ..... :)

and particularly, not forgetting to keep watch for the next big thing ..... Global Logistics Properties ..... which could be breaking out anytime soon .....

leongyan      ( Date: 22-Feb-2017 12:57) Posted: Keep your 50 lots for mid term And the other 50 lots to trade and make infra short term gains seanpent      ( Date: 22-Feb-2017 12:36) Posted: another viable consideration - the potential UE sale .....

 

Keep your 50 lots for mid term And the other 50 lots to trade and make infra short term gains

seanpent      ( Date: 22-Feb-2017 12:36) Posted: another viable consideration - the potential UE sale ..... seanpent      ( Date: 22-Feb-2017 11:37) Posted: reasonable level for buy back too ...... with the dividend taken into consideration, the nett buy price is very much lower .....