KienBoon
2024-11-07

OCBC and UOB should be bullish as well for consistency with DBS's performance. Associated investment sentiment is relatively positive for bank counters currently. OCBC will be releasing its 3Q results tomorrow and it should be better results than 2Q or year-on-year in consideration that its GE company has perform exceptionally well for 3Q, i.e. $273mil+ profit. Net interest income should be stable too. Let's hope OCBC will bull up significantly tomorrow. I guessed similarly as today most likely. Cheers, and all the way OCBC ! [Sly]  [Grin]  

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

  • koolgal
    2024-11-07
    koolgal
    I look forward to OCBC Q3 24 Earnings tomorrow too as I have a stake in it. 
  • jethro
    2024-11-08
    jethro
    yes all the best guys!
    I too have a stake in OCBC n a small one in dbs n uob too.
    Lets go go go ! Up up up 💪😎
    • KienBoon
      Bull Bull Bull upwards. Hope good news from OCBC soon. I don't have DBS. What a waste indeed. Sad. Cheers...
  • AcidIce
    2024-11-07
    AcidIce
    Today already up enough, very high already, tomorrow I'm looking at it to drop just as much if not more then may recover.
  • koolgal
    2024-11-07
    koolgal
    All the best 🌈🌈🌈🍀🍀🍀💰💰💰
  • KienBoon
    2024-11-08
    KienBoon
    Come on OCBC !
    You are moving too slowly. UOB is going at 100km/hr ! go go go...Cheers.
  • KienBoon
    2024-11-08
    KienBoon
    https://www.straitstimes.com/business/banking/ocbc-q3-profit-rises-9-to-1-97-billion-above-forecast
Leave a comment
12
254