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Bank of China Limited (BACHY)

Other OTC - Other OTC Delayed price. Currency in USD
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9.66+0.03 (+0.31%)
As of 02:51PM EST. Market open.
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  • 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
  • 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
  • T
    Tim
    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
  • T
    Tim
    Bachy hit 10.00 bucks today. Slow and steady upward trajectory just the way i like it. 😎
  • T
    Truth Matters
    Nice usd appreciation plus high dividends, best time to invest BOC
  • 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.
  • 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
    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.