
Kensonic77 ( Date: 07-Jul-2011 11:53) Posted:
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My average cost is about 7.80 cents
Just park there for dividend yield
Salute ( Date: 07-Jul-2011 11:46) Posted:
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OMG, those farrr sighted analyst--S$24.
I think better look at Alexchia's analyst which is more realistic.
Kensonic77 ( Date: 07-Jul-2011 10:51) Posted:
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DBS is range bound between $14.00 and $15.20.
If you want to Buy, should wait for it to fall back to $14.00.
Vested long term for dividend yield
DBS Group Holdings Overweight
DBSM.SI, DBS SP
2Q11 results to drive the stock higher Price: S$14.87
Price Target: S$24.00
New123 ( Date: 06-Jul-2011 22:25) Posted:
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thomas_low ( Date: 06-Jul-2011 22:23) Posted:
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DBS formed a " hanging man" candlestick pattern today. RSI showing signs of weakening and stocastics may form a bearish crossover. caution needed.
http://sgsharemarket.com/home/2011/07/singapore-stock-market-screener-05072011/?=DBS
 
 
DBS formed a bearish harami cross. Technical indicators also look bearish. Might potentially retrace to test MA support.
http://sgsharemarket.com/home/2011/06/singapore-stock-market-screener-03062011/
 
Friday: 7 May 2011
Malaysia Raises Interest Rates to 3% BLOOMBERG
Malaysia yesterday raised interest rates for the first time this year and asked banks to set aside more cash as reserves for a second time, joining India in stepping up the fight against inflation, amid surging oil and food prices worldwide.
Bank Negara Malaysia (BNM) increased its overnight policy rate to 3 per cent from 2.75 per cent. The statutory reserve requirement level will rise to 3 per cent from 2 per cent, effective on May 16.
BNM governor Zeti Akhtar Aziz, the first to raise rates in Asia last year as the region led a recovery from the global recession, is resuming rate hikes after pausing since July as inflation accelerated to a 23-month high.
India boosted borrowing costs this week for the ninth time since mid-March of last year as rising prices force nations to tighten monetary policy at the risk of slowing growth. The South-east Asian nation’s economy may expand 5 to 6 per cent this year, easing from a decade-high of 7.2 per cent last year, according to the central bank.
14.46
1% gain in a day.. :)
14.38 breakout!!!!!!!!!!
gd thing it retraced able to get ard 14.24-14.26
:)
lookin gd!!! 14.34 now
break 14.34 buy..gd luck..
vol 2.73M today
 
DBS remains in a short-term downtrend.
The stock found support at 14.10/14.12 last week and established a tight range for a couple of sessions. It eventually resolved the range to the upside yesterday, indicating a possible short-term recovery rally.
The stock remains vulnerable to another leg lower unless it is able to clear strong resistance and possible recovery target around 14.68/14.71. A drop below 14.10 would suggest immediate downside follow-through selling pressure. Next downside objectives are seen at 13.96, 13.84 and then 13.70. Solid longer-term support is located near 13.24.
The overall bias is neutral above 13.24 and below last year's highs at 15.74/15.80.