$ocbc bank(O39.SI)$  

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?

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