December plan π
Adding $DBS GROUP HOLDINGS LTD(D05.SI)$
PB 1.04 gives the highest DY among the 3 banks. PE ratio 11 is good π the lowest PB meaning have the highest BVPS (book value per share), BVPS is the ratio of equity available to common shareholders divided by the number of outstanding shares. This figure represents the minimum value of a company's equity and measures the book value of a firm on a per-share basis.
OCBC BVPS $11.75, at current price $12.27 is value for money.
Please invest carefully and do your own DD.
The Christmas present for me would be having DBS π but i will only buy if value for money (PB lower)
wish all of us have a wonderful year end portfolio, paper losses does not matter if we have good ground to stand! Recession maybe be here next year, the good companies will survive πππ
From ig.com on 6 nov 2022, As of 7 November 2022, OCBC stock has a consensus rating of 'outperform' and an average price target of S$14.08 a share. The price target implies a 16.8% upside potential from OCBC's last traded price of S$12.06.
This is exactly what i think of --> still got room to grow π
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