@Sasabbat:$OCBC Bank(O39.SI)$ down 5.7% today. Opportunity or trend reversing? Apparently Citi has downgraded them with target price at $27.5 π€¦ββοΈ I personally feel a bit FOMO on the Singapore banks and I will use this setback to add a bit to my dividend portfolio! Let's monitor!
@Terra_Incognita:$GLD DIAGONAL 261016/261023 CALL 387.0/CALL 380.0$ GLD: Take a small profit of 24% on this diagonal spread after holding for 1 week. Gold prices are weaker than my thesis so i going to exit while there is still profit. Bearish market so going to trade a bit lighter to protect downside margin expansion.
@Sasabbat:$OCBC Bank(O39.SI)$ down 5.7% today. Opportunity or trend reversing? Apparently Citi has downgraded them with target price at $27.5 π€¦ββοΈ I personally feel a bit FOMO on the Singapore banks and I will use this setback to add a bit to my dividend portfolio! Let's monitor!
@Sasabbat:$OCBC Bank(O39.SI)$ down 5.7% today. Opportunity or trend reversing? Apparently Citi has downgraded them with target price at $27.5 π€¦ββοΈ I personally feel a bit FOMO on the Singapore banks and I will use this setback to add a bit to my dividend portfolio! Let's monitor!
@NicoleWong:The memory chip supercycle, in two charts. Memory has long been treated as the commodity end of the semiconductor industry. The latest numbers suggest that's changing. π Revenue: In the latest quarter, Samsung's memory division booked $80.5B in sales, SK hynix $SKζ΅·ε士(SKHY)$ $52.8B and Micron $ηΎε η§ζ(MU)$ $41.5B. All three are well above any level since 2016. π° Margins: Micron's EBITDA margin went from β8.9% at its 2022β23 low to 86.1% in its latest quarter. That puts it ahead of Nvidia $θ±ει(NVDA)$ at 67.6%, with SK hynix at 81.4%. In memory, higher prices go almost straight to the bottom line. That works in both directions, and right now it's working in the secto