- Bought OCBC at 7.80
- Reasons
- Panic from general economic outlook
- Blue Chip Dividend Yield is ~4.6%, midway to crisis levels, same as the PB ratio
- Banks are rather hard to value (man, the financial statements are crazy for someone with no accounting background).
- Rather strong and big bank we got in Singapore (I'm a customer with it and I like it more than DBS in general)
- Looking for 7.60 actually near a region of support zone but never managed to get :(
- OCBC showed reducing momentum in both weekly and daily charts, probably momentarily, as the trend is down with volume resistance overhead and ...
- Reasons
Updates for my dividend portfolio for January 2016
I believe my analysis is still not comprehensive enough yet, looking to improve in the future.(I'm still doing my mini checklist for screening dividend stocks, now left with 25, then maybe a final filter)
