1fast1 Supersonic August 28, 2015 Share August 28, 2015 (edited) The 3 banks turned downwards liao. I bought some OCBC at 8.90 day before yesterday. Not at the lowest, but it's tough to call these things. Expected another downturn. Historical support level just below 9. We shall see. If it goes below 9 again, I still have more to buy. Edited August 28, 2015 by Turboflat4 ↡ Advertisement Link to post Share on other sites More sharing options...
Ktglfc Hypersonic August 28, 2015 Share August 28, 2015 Looks like market will go up this morning... and then subside after lunch so that profits can be taken off before the weekend ... My usual advice, just trade with caution :) Managed to got this right :)) Looks like next week overall will be down... Let's see ba... In the meantime, it's weekend... Just stay away from monitor and rest 2 Link to post Share on other sites More sharing options...
Yeshe Turbocharged August 28, 2015 Share August 28, 2015 I bought some OCBC at 8.90 day before yesterday. Not at the lowest, but it's tough to call these things. Expected another downturn. Historical support level just below 9. We shall see. If it goes below 9 again, I still have more to buy. u didnt buy the whole bank ah? 1 Link to post Share on other sites More sharing options...
The_Bear Turbocharged August 28, 2015 Share August 28, 2015 u didnt buy the whole bank ah? Don't think @turboflat4 is that loaded. Just the ION branch, Bukit Timah Branch, Redhill and Jurong East Branch. For MCF standard, that is like the new poor. 1 Link to post Share on other sites More sharing options...
Sabian Turbocharged August 28, 2015 Share August 28, 2015 I bought some OCBC at 8.90 day before yesterday. Not at the lowest, but it's tough to call these things. Expected another downturn. Historical support level just below 9. We shall see. If it goes below 9 again, I still have more to buy. Why OCBC and not DBS or UOB? Link to post Share on other sites More sharing options...
Freestylers09 5th Gear August 29, 2015 Share August 29, 2015 DJ managed to sit back to 16000 and 16400+..to 16600+ really close higher abit than last week..lol still in my comfort zone unless it breach again meanwhile...just do some range trade will do for me countdown to mid sep only few trading days...not hard for a push to 17000+ new support and throw down again this is my opinions only, caveat emptor 1 Link to post Share on other sites More sharing options...
1fast1 Supersonic August 29, 2015 Share August 29, 2015 Why OCBC and not DBS or UOB? I've looked at the dividend yield vs cost of the share, and OCBC is slightly better than DBS, if I'm not mistaken. I haven't looked at UOB, honestly. I'm not averse to DBS, I've bought their NCPS before. I might buy their stock as well. For SG investment, I look at dividend yields. I am too lazy/busy to watch the market like a hawk and buy/sell. 1 Link to post Share on other sites More sharing options...
1fast1 Supersonic August 29, 2015 Share August 29, 2015 (edited) u didnt buy the whole bank ah? You might have me confused with Throttle2, Daywalker. Or even Yeshe. Edited August 29, 2015 by Turboflat4 1 Link to post Share on other sites More sharing options...
1fast1 Supersonic August 29, 2015 Share August 29, 2015 Don't think @turboflat4 is that loaded. Just the ION branch, Bukit Timah Branch, Redhill and Jurong East Branch. For MCF standard, that is like the new poor. Hahaha, very funny. Except with some truth - I am the poor one in MCF. Link to post Share on other sites More sharing options...
Voodooman Supersonic August 29, 2015 Share August 29, 2015 I've looked at the dividend yield vs cost of the share, and OCBC is slightly better than DBS, if I'm not mistaken. I haven't looked at UOB, honestly. I'm not averse to DBS, I've bought their NCPS before. I might buy their stock as well. For SG investment, I look at dividend yields. I am too lazy/busy to watch the market like a hawk and buy/sell. DBS pays out around 30% of its profit while OCBC pays out 40%. So DBS should have more capital gain, in theory. 1 Link to post Share on other sites More sharing options...
1fast1 Supersonic August 29, 2015 Share August 29, 2015 DBS pays out around 30% of its profit while OCBC pays out 40%. So DBS should have more capital gain, in theory. True, but the difference is marginal. And when the markets tank, they tank together. As I said, I am personally more interested in dividend yields. Call it personal investing philosophy. I don't like holding on to something for years with nothing in hand to show for it. 1 Link to post Share on other sites More sharing options...
Ktglfc Hypersonic August 29, 2015 Share August 29, 2015 I've looked at the dividend yield vs cost of the share, and OCBC is slightly better than DBS, if I'm not mistaken. I haven't looked at UOB, honestly. I'm not averse to DBS, I've bought their NCPS before. I might buy their stock as well. For SG investment, I look at dividend yields. I am too lazy/busy to watch the market like a hawk and buy/sell. Good choice :) 1 Link to post Share on other sites More sharing options...
Sdf4786k Twincharged September 1, 2015 Share September 1, 2015 Good choice :) How about buying citibank shares and SC shares. Seems to be a good bet as the volatilty is more siong and today hitting 2900 pts liao... 2 Link to post Share on other sites More sharing options...
Little_prince Supersonic September 1, 2015 Share September 1, 2015 i also thinking of ocbc. DBS and uob too exp for me stupid question. but any idea why the price of ocbc is half that of uob and dbs? Good choice :) 2 Link to post Share on other sites More sharing options...
Sabian Turbocharged September 1, 2015 Share September 1, 2015 i also thinking of ocbc. DBS and uob too exp for me stupid question. but any idea why the price of ocbc is half that of uob and dbs? OCBC split their stock before. Actually, now that SGX allows smaller board lots when purchasing, if your broker charges you reasonable commission, I'd just go with 500 shares of DBS or UOB (if you prefer any of them over OCBC). 2 Link to post Share on other sites More sharing options...
Ktglfc Hypersonic September 1, 2015 Share September 1, 2015 Banks are resilient stocks ... all companies have to borrow $ from banks... If trend goes lower, will nibble a bit more :) Link to post Share on other sites More sharing options...
Freestylers09 5th Gear September 9, 2015 Share September 9, 2015 not bad,work on my flow before 17th, lets see how far it can go standby limit order to katek..hope mai sala..lol 1 Link to post Share on other sites More sharing options...
Ktglfc Hypersonic September 9, 2015 Share September 9, 2015 It may be a dead cat bounce... just be cautious ↡ Advertisement Link to post Share on other sites More sharing options...
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