One of the largest local banks in Singapore, OCBC share prices closed at $7.77, a six year low. The last time OCBC shares traded below $5.00 was during the Great Financial Recession, recording a low of $4.14 on 6 March 2009. OCBC will be releasing its full year financial results on 17 February 2015. However, based on its 3Q results in October last year, the Net Asset Value for each OCBC’s share was $7.78, slightly above today’s closing price. It is still premature to assess whether OCBC is an undervalued stock because the latest data has not been released. But given the current weak market sentiments, the stock price is expected to slide further. SG Wealth Builder The non-performing assets (NPAs) were S$1.93 billion as at 30 September 2015, up 41% from S$1.37 billion a year ago. The year-on-year increase in NPAs was largely attributed to the ......