OCBC Bank

Chart wise, looks like forming a series of higher high and higher low,seems positive.

The current price of $8.65 is hovering near the 20MA line and a nice breakout to reclaimed this 20 MA line at about $8.77 would certainly lift the price higher towards $9.00 & above.


NAV $10.39.
Dividend of 53 cents
Yield is 6.1%


Looks pretty attractive as it it trading below its book value plus 6% yield.

Not a call to buy or sell.
Pls dyodd