9M18 Group Performance, Net profit increased 18% YOY to $3.57b.
A beautiful set of result!
Not sure how will market reacts to the latest result.
One word! Nice and beautiful follow-through moment as reflected on the chart today with a second white soldiers.
Yesterday, we have witnessed the Bullish Engulfing candlestick pattern that is more or less signalling the end of the downtrend reversal indication.
Today market has provided us with the answer and close well at $10.74 , Up 26 cents with convincingly High volume. This is rather bullish!
Short term wise, I think it may likely continue to head higher to re-visit $11.00 then $11.23 level.
Not a call to buy or sell.
Pls dyodd.
Do you happen to notice the same patterns has been repeating itself.
Is good to be extra cautious!
Oversea-Chinese Banking Corporation Limited provides financial services in Singapore, Malaysia, Indonesia, Greater China, other parts of the Asia Pacific, and internationally. The company's Global Consumer/Private Banking segment provides a range of products and services to individuals, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, bancassurance products, and structured deposits; and brokerage services. This segment also offers investment advice and portfolio management, estate and trust planning, and wealth structuring services for high net worth individuals. Its Global Corporate/Investment Banking segment provides project financing, overdrafts, trade financing, and deposit accounts; fee-based services, such as cash management and custodian services; and investment banking services, including financing solutions, syndicated loans and advisory services, corporate finance services for initial public offerings, secondary fund-raising, and takeovers and mergers, as well as customized and structured equity-linked financing services. It serves corporates, public sector, and small and medium enterprises. The company's Global Treasury and Markets segment is involved in the foreign exchange activities, money market operations, and fixed income and derivatives trading, as well as provision of structured treasury products and financial solutions. Its OCBC Wing Hang segment offers commercial banking, consumer financing, share brokerage, and insurance services. The company’s Insurance segment provides fund management services, and life and general insurance products. Its Others segment is involved in property and investment holding activities. As of May 7, 2018, the company operated a network of 590 branches and representative offices in 18 countries and regions. Oversea-Chinese Banking Corporation Limited was founded in 1912 and is headquartered in Singapore.
I’m having a fortnight meeting in USA so my stress reliever is reading some blogs, but it’s quite difficult for me to spend or waste my time in simple blogs or non sense writings then somehow I read your works It’s so confusing because I love your enthusiasm on this subject so I comment on to admire your style. It happens that I’m curious about curtain fabrication services singapore, I think you should try to check it out!
ReplyDeleteYou Have Impeccable Manners of writings. When you feel gutted to someone or anything, Just continue your work be proud of yourself, because your an inspiration for me, Thank you for being you. Did you visit curtains and fabrication service Singapore you should try it!
ReplyDelete
ReplyDeleteroller blinds