Success88
04-23
$ocbc bank(O39.SI)$  OCBC (O39): Soaring High and Rewarding Investors

OCBC might not be dominating the headlines today, April 23, 2024, but there's plenty of positive news for investors.

Reaching New Peaks: OCBC's stock price recently achieved a historic high of $13.95, a strong indicator for its future. This follows a period of recovery, with their net profit for Q3 FY2024 (ended Dec 2023) showing a significant 41.9% year-on-year increase.

Analyst Confidence: Financial experts are optimistic about OCBC's future. Brokerage firms like CGS-CIMB have raised their target price due to expected improvements in profitability. This positive sentiment reflects a broader outlook for Singaporean companies in the financial sector.

Upcoming Dividend: Mark your calendars! Shareholders on the record date of May 8, 2024 will receive a dividend of S$0.42 per share.

I am bullish on OCBC growth. Among the three bank in Singapore.$DBS(D05.SI)$  &$UOB(U11.SI)$  OCBC still the lowest stock price which can invest in and the PE ratio also better. Do your due diligence check before invest  @TigerEvents @TigerClub @Tiger_SG @TigerStars @MillionaireTiger 

Winning Trades
Share your positions with us! This is a column where you can find the winning trades of our fellow tigers. There probably are a few potential opportunities that you may have overlooked.
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

Leave a comment
5
6