Down 22 cents to trade at $9.62.
yearly dividend of 30 cents.
Yield is merely 3.1%.
Looks pretty expensive!
I would rather go for OCBC Bank that is trading at $9.10, dividend of 53 cents, yield of 5.82%.
Let's wait for market to tell us the clear direction if she is going to breakdown the lower Trend Line that may see further selling down pressure!
She has a very impressive running up even though when the global stocks market is bearish!
I guess is the Big Boy that are controlling the driver seat!
Once they started to exit , we may see the clearer picture and direction of this counter.
Not a call to buy or sell.
Pls dyodd.
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