moonsoon92
Junior Member
- Joined
- Dec 5, 2013
- Messages
- 13
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This is to everybody, why all 3 local banks reported drop in profits but they all their stock price still went up? (less the OCBC announcement)
1) Was it bcos of US market pushing up the high highs?
2) All 3 banks were oversold upon OCBC's announcement and recovered the following days?
3) BBs wanna flush out shorties?
On top of that, have the market already priced in the NPLs? (recently reported Ezra's potential writedowns)
I AM SO CONFUSED, WHY THE MARKET SO IRRATIONAL?
1) Was it bcos of US market pushing up the high highs?
2) All 3 banks were oversold upon OCBC's announcement and recovered the following days?
3) BBs wanna flush out shorties?
On top of that, have the market already priced in the NPLs? (recently reported Ezra's potential writedowns)
I AM SO CONFUSED, WHY THE MARKET SO IRRATIONAL?