Hi SG Wealth Builder,
My comments on your post: OCBC Bank’s 3Q16 results beat market estimates. I’m not sure why it shows “failed to leave comment” on your article post. Hence, I drop you the comment via this mail.
My comments: I’m curious on your statement stating that your target entry for OCBC stocks will be at $6.00. Current trade price for OCBC share is $8.43. Based on the liquidity of SGX market, the price could hardly fluctuate in between price gap of around $2.00++. Not to say it’s impossible, as anything is still possible to happen in the stock market.
My concern here is if we were to wait for that target price of $6.00, and assuming the market goes smooth for the year. Then we will be missing out the 1 year opportunity for the stocks if the price never achieve the target price of $6.00 within the year, isn’t it? Since based on analysis the stocks growth is strong and having potential ......
