$OVERSEA-CHINESE BANKING CORP(O39.SI)$Which SG Bank do you own? Today let's take a look at them from technical point ofview.
If we put all 3 banks together in 5 years chart, DBS is clearly winner with 49%, followed by UOB at 17%, last is OCBC 8%. They all have similar up/down performance.But for SG banks, no need to waste too much time on capital gain because most of US growth stocks will beat them easily. The focus is dividend!!! All three banks have good dividend yield! ๐
Which bank is at the good entry point? Frankly speaking - all! All the banks wave down and PB ratio is below 5 years average. I attached OCBC as a reference. But you know SG banks are very expensive. I still want to get good bargin. ๐คฃ. I am looking at $11.08 and not sure how long I will wait! ๐
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