Lotus123
2022-04-19

[smile] 

@koolgal：
$OVERSEA-CHINESE BANKING CORP(O39.SI)$ is the most undervalued and oversold of the 3 Singapore banks. It recently faced some headwinds of banking scam but has weathered the storm reasonably well. With interest rates rising and a hot property market, OCBC should do well in the 2nd half of 2022. The Financial Analysts have rated OCBC as a Buy with Target Price of between 14.22and 14.40. The latest earnings report showed that OCBC was 35% better in profits in 2021 compared to 2022. I intend to keep $OVERSEA-CHINESE BANKING CORP(O39.SI)$ in my long term portfolio as I believe it is a strong and reliable bank with an excellent management team. It also pays steady dividends year after year, a good source of passive income. Go Long Go Strong Go OCBC! @TigerStars
$OVERSEA-CHINESE BANKING CORP(O39.SI)$ is the most undervalued and oversold of the 3 Singapore banks. It recently faced some headwinds of banking scam but has weathered the storm reasonably well. With interest rates rising and a hot property market, OCBC should do well in the 2nd half of 2022. The Financial Analysts have rated OCBC as a Buy with Target Price of between 14.22and 14.40. The latest earnings report showed that OCBC was 35% better in profits in 2021 compared to 2022. I intend to keep $OVERSEA-CHINESE BANKING CORP(O39.SI)$ in my long term portfolio as I believe it is a strong and reliable bank with an excellent management team. It also pays steady dividends year after year, a good source of passive income. Go Long Go Strong Go OCBC! @TigerStars

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.

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