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most OCBC BK or Cap are below water level, except BK5.1, merely 50 cts above. Latest OCBC Cap 5.1 now 99.88. Others pref even don't hv seller.
if u die die must buy Pref, then look out for UOB or DBS, owing to OCBC last record bk result. AK view only.
u r smart
tanglinboy ( Date: 19-Aug-2008 22:23) Posted:
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do your home work before you buy. better hold some cash for raining day
tanglinboy ( Date: 19-Aug-2008 22:23) Posted:
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Credit crisis not over yet.
I am staying away from bank stocks.
Loaded up the OCBC 4.2%. Now targeting its 5.1 and UOB 5.05 !
UNITED Overseas Bank (UOB) is said to be the latest local bank to raise funds from investors by selling preference shares - a generally popular investment option in uncertain times.
Retail investors are likely to get a bite of the offering which pays annual interest of 5.05 per cent, a whisker below OCBC Bank's 5.1 per cent preference shares offered earlier this month.