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Bank Stock
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angie_leewenqian
Member |
16-Oct-2007 11:10
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remember seen days ago from DBS Vickers call for buy for UOB, DBS... so banking sector should be steaming up towards its target before yer end.... |
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Pinnacle
Master |
16-Oct-2007 09:13
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Same here. Had taken position at OCBC as well. OCBC has the most upside potential of the 3. DBS and UOB need to expand regionally to really show their growth as they had almost reached saturation locally. |
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shplayer
Elite |
16-Oct-2007 09:10
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Adding to Pinnacle's post, if I were to take positions on the banking sector, my priority will be:
1 & 2 are close calls...but current preference for OCBC is because of the CDO issue. Just my personnal opinion....caveat emptor |
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Pinnacle
Master |
16-Oct-2007 08:56
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All 3 banks will take some hitting today as Citi reported a very bad quarter due to sub-prime. Our big 3 have CDOs, which link to sub-prime. The real percussion is still yet to surface. However, it may also be a good time to pick up some bargains for LT as the fundamental of the big 3 is still strong. |
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jasonfaxingliu
Senior |
16-Oct-2007 08:23
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need some advise that how the bank stock will perform today after DJ down 108 points... Asia and Singapore economy is sound and I think bank stock should be ok today |
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