Singapore stocks went south by 0.70% on 28 April 14, in line with the performance of US stocks on 25 April 14. OCBC stock went “XD” on the same day as it closed the session at $9.45. I have this stock and hence have gotten the dividends; still the closing price of OCBC stock is still above my price. Whether to buy or sell OCBC stock now is my own choice and I prefer to keep this stock as I think overall, OCBC stock is still reasonably-valued.
King Wan stock went south by almost 6% as it announced news of some venture in Thailand. Prior to today’s performance in King Wan, some analysts have been doling out bullish reports on King Wan but I did not buy it as I am not familiar with the stock. In Investing, I still stick to the belief that if you must ......