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01-07-2014, 08:48 AM
(01-07-2014, 12:04 AM)Fish Head Wrote: Why you think OCBC is the cheapest bank in Singapore. Basing on PE, value or just by the share price?Cheaper or not, for me if i want this stock i will wait for the anticipated right
issues. Hoping to buy some Nil Paid Rights in the market if available and cheaper than the mother price then after conversion of the NPRs to mother share. Of course must base on the sentiments of the market and the fundamentals of OCBC at that time.
JF thoughts:-
i wonder if the market crashes now what OCBC going to do? Delay right issues? Use debt to raise new capital? Just wait for more favourable market? Can they (allow to) wait? By regulation how long?
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.