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Bank of China Limited (BACHY)

Other OTC - Other OTC Delayed price. Currency in USD
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9.94+0.02 (+0.25%)
At close: 03:58PM EDT
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  • E
    Elenora
    Trading has been profitable for those who know how to use the right strategy without fear of dip. I have been getting my signals and guidance from Johan Pedersen who has over 8 years of experience in trading. I earned 750k in 3 months of trading experience. You can contact him via 🆃🅴🅻🅴🅶🆁🅼 : Johanpeddersen
  • V
    Vicky
    Most People remain poor because friends and relatives discourage and advised them against investing and trading forex while the wise ones keep investing and growing higher financially... Good morning from Argentina 🇦🇷
  • M
    May
    will they declare a dividend this year?
  • B
    Ben
    Bank of China Q3 earnings...

    Revenue: CN¥121.1b (up 7.3% from 3Q 2020).
    Net income: CN¥50.7b (up 13% from 3Q 2020).
    Profit margin: 42% (up from 40% in 3Q 2020). The increase in margin was driven by higher revenue
  • B
    Ben
    Received my christmas bonus yesterday and bought extra BOC stock. Wished I bought more earlier, but average price now at 2.80 plus the dividends. Way to cheap considering the 8% and big potial upside
  • V
    Vandelay industries
    Any thoughts on why this is dropping so much lately? Is it just the ex div? If so when can we expect a recovery or advancement higher in price?
  • B
    Boris
    Entered at 2.59 HKD while acknowledging a downside towards the ~ 2.00 HKD level.
    RSI is hovering around financial crisis levels, money flow has a small uptick.. however the macd has not shown a buy signal. The earnings look relatively solid and knowing China is recovering best, I like to have exposure to China. My target price for Bank of China is 4.50 HKD.
    - This is purely my opinion. Hope this thought helps some of you guys out.
  • B
    Ben
    Bank of China released earnings,

    The company reported a strong second quarter result with improved earnings, revenues and profit margins.

    Second quarter 2021 results:
    Revenue: CN¥124.5b (up 19% from 2Q 2020).
    Net income: CN¥51.2b (up 26% from 2Q 2020).
    Profit margin: 41% (up from 39% in 2Q 2020). The increase in margin was driven by higher revenue.

    Hopefully the stock price will get higer from now on!
  • B
    Ben
    I think this stock is massively undervalued, divident yield of 7,2% / Perfect Balance sheet and already been hit the last couple of years and this corona crisis, unless china has a massive economical crash within the next few years. This stock can easily go onwards to 4,00...
  • B
    Boris
    First impuls up. Hope this is a new beginning of an uptrend. Fundamentally China is recovering faster than other regions and that should benefit Bank of China as well. This could be a cyclical play.
  • R
    Riccardo
    Bought in today, i didnt want more stocks as i already have enough companies but for the fourth largest bank globally a pe of 3 is too good
  • V
    Vandelay industries
    Bachy hit 10.00 bucks today. Slow and steady upward trajectory just the way i like it. 😎
  • r
    rick
    bought Jan 2020 @3.20. saw it drifted downwards and it's been floating these range for best part of the year. wonder if patience is a virtue on Chinese banks stocks.
  • T
    Truth Matters
    Nice usd appreciation plus high dividends, best time to invest BOC
  • M
    MICHELLE
    Any idea why the price is not moving much
  • S
    Simon
    What is the dividend payout day in 2020?
  • B
    Boris
    Closed my position at 2.58 HKD. Opinion has not changed: it should reach around 4.00-4.50 HKD level.
    From my perspective one of the easier trades to make, maybe a lower entry can be possible like today it dipped to 2.56 HKD before rebounding.
    I am just doing some re-allocation.
  • M
    Mischievous Monkey
    Seems incredibly undervalued...
  • M
    Mark
    Huge bank; I think this may offer a nice return - bump up plus dividend with China opening up markets etc. Good luck to all. Bought in today
  • R
    Riccardo
    Between 2016 and 2019, Bank of China was voted ‘Best Cash Management Bank’ in Asia-Pacific four years in a row. The bank was ranked second for best service in Mainland China – up from fifth in 2018 – and first in Singapore, while Bank of China (Hong Kong) Limited moved up from fifth to third for best service in Hong Kong China.