$OCBC Bank (O39.SG)$ why is it dropping?
$OCBC Bank(O39.SG$ why is it dropping?
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1313
Calii : Opportunity to buy more!
伤不起 : because interest rate is going down next year which will affect the earning.
CY90 Calii: once cut rate. gonna drop below 11. fed target cut 75point
101676220 CY90: Below 11? Omg
CounteReborn CY90: i think before 11 is over exaggerated.. ?
小超人爸爸 伤不起: Cuz cash moving to US market and other sectors at SG market, those benefit more from rate cut, later can accumulate.
股利股怪 CounteReborn: Sg stock always drop a lot and rise penny, nothing surprising
VaderMoomoo CY90: the below $11 is based on ? I find it hard to comprehend. even though I dun mind OCBC to drop to 12.2 or below 12(ideally) when the time come. Need to increase my positions.