KienBoon
01-08

$ocbc bank(O39.SI)$  

Seems super bullish for OCBC today. Understand target price from Phillips Securities is 18.80.

Hope that OCBC will reach that target price progressively. Dividend is still very good at abt 5%. The dividend policy is to maintain a 50% payout ratio with respect to its net profit. 

Go go go OCBC! [Smile]  [Smile]  

All Time Highs! Can SG Banks Continue to Outperform SPX This Year?
DBS, OCBC, and UOB all hit all time highs today and then pullback. The three major banks achieve more than 30% gains in 2024. DBS has risen 52% in 2024—can it maintain this upward trend this year? Are the three major banks the most worthwhile Singapore stocks to buy? What are the best reasons to invest in the three major banks? Can they still outperform S&P 500 in 2025?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Bigbucksloop
    01-08
    Bigbucksloop
    Likely be because they doing a share buy back
  • KienBoon
    01-08
    KienBoon
    Superb performance today. All 3 banks, especially OCBC.
  • KienBoon
    01-08
    KienBoon
    Good news indeed to mkt sentiment.
Leave a comment
3
42