
Ocbc dividend payout is 0.14 cents per share based on then issue price of 7.94.
Better to opt for the new shares as current market value is 8.91 - 8.93. you make almost a dollar more if you sell the issued shares.
I opted to receive new shares.
1.It is at a good discount and there is no admin charge.
2.I bought the shares using CPF fund. Either case I won't see the money. :)
You will have received a notice with regards to the option of receiving the dividents in new ordinary shares.
Care to share your view point on this? Should one simply take the divident in cash or in new shares at issue price of $7.94?
Upside potential is probably limited.
http://mystocksinvesting.blogspot.com/2010/05/ocbc-bank-upside-potential-limited.html
New123 ( Date: 07-May-2010 14:48) Posted:
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I think is good time to accumulate this counter.
CHAIRMAN's DUTY is to SUPERVISE the CEO
nOt tO bE rElatEd tO CEO ? ? ? ?
pharoah88 ( Date: 01-Apr-2010 09:42) Posted:
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SGX Governance Regulation is sub-PRiME.
In every company, CHAiRMAN and CEO positions must be held by DiFFERENT and UNrelated persOns.
niuyear ( Date: 01-Apr-2010 09:11) Posted:
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CENTRAL BANK RULE
The regulatory changes is due to take effect next year in which banks and insurers have to separate the roles of chairman and chief executive.
APRIL's FOOL
BEWARE Of fOOls
Wed: 31st March 2010 OPENING 08:59.03
One PLAYBOY DUMPED 4,834,000 shares at S$8.74 (-S$0.16 about 2%)
fOllOwed by WORMING STRATEGY of 1,000 shares Programmed BUYING.
PRiCE RETURN is FAKE.
#BEWARE# #AWARE# #CARE#
anOther DUMP ? ? ? ?
disappointing...one day up, one day down.
testing our patience....haha..
OCBC is like Sarong Party Girl [SPG], One NiGHT STAND.
29 March 2010 UP +S$0.11
31 March 2010 dOwn -S$0.12
gOOd fOr trading fUn
pharoah88 ( Date: 30-Mar-2010 12:17) Posted:
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EXTRAORDINARY GENERAL MEETING AND DIVIDEND? COMING UP.
Trade thru SAXO Bank, it is cheaper...