DBS    Last:44.23    +0.52

DBS

Today is a Good Day to Buy DBS.

Now Trading at $14.22.

1. Breaks through its Triangle Price Channel to the Upside. A Bullish Signal.

2. Support Level at $14.10 and Resistance Level at $14.70.

3. MACD and Stochastic both shows that Price is moving upward with lots of upside potential.

4. All Banks Shares made a reversal to the upside last Friday. Banks are set to move higher from this week onwards.

DBS is my choice for today, but you can also Buy UOB and OCBC Bk.

This is my personal analysis. You invest at your own risk.

Good luck to all.

 

how dbs coming earning result,  look like when hit $14 a lot ppl sell ..why

 

Good counter......



 

 

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False comfort in herd warmth: Deutsche

HONG KONG — Sell Asian shares before slowing earnings growth and a weakening global economy lead to further stock losses. That’s the recommendation of Deutsche Bank’s head of Asian equities Ajay Kapur, who said declines in measures of future American imports and economic activity had historically foreshadowed lower prices in the region. “Growth projections are weakening sharply and equities seem oblivious.

We believe investors should separate from the warmth of the herd and take action to protect capital and clients,” he said. “It would seem that asset prices are not worried about any serious slowdown in global growth.

This divergence normally gets resolved by lower prices,” said the Hong Kong-based Mr Kapur. The MSCI Asia Pacific Index gained 1.2 per cent late yesterday in Tokyo, the biggest intra-day advance since Aug 2, to 118.24, after the Bank of Japan expanded credit support for lenders and US Federal Reserve chairman Ben Bernanke pledged on Friday to safeguard the American economic recovery.

Asian stocks are among the priciest in the world, based on Mr Kapur’s study of global industry valuations that measure prices relative to earnings, assets, sales and cash flow.

The MSCI Asia Pacific Index trades at an average 16.2 times reported profit from the past year, compared with 14.1 for the Standard & Poor’s 500 Index and 14.8 for the Stoxx Europe 600 Index.

Mr Kapur advised betting on losses in a basket of 15 stocks, including Beijing based Aluminum Corp of China, China’s biggest producer of the metal, and Hong Kong Exchanges & Clearing, the operator of Asia’s third-largest stock market. BLOOMBERG

 

H E A R D :

when  sAles  stAff  leAves

cUstOmers  leAve  tOO ?

revenUes  leAve  tOO ?

prOfIts  leAve  tOO ?

sUppOrt  stAff  leAve  tOO ?

system  leAve  tOO ?

. . . . leAve tOO ?

pharoah88      ( Date: 31-Aug-2010 11:17) Posted: DBS head of consumer banking quits SINGAPORE MediaCorp understands that Mr Raju will be taking on a senior position in Deutsche Asset Management. Deutsche declined comment. Mr Raju’s departure was announced by DBS chief executive Piyush Gupta through an email staff memo seen by MediaCorp yesterday. Mr Raju’s last day in the office is today, while his official last day is Sept 30, the memo said. Mr Gupta said that consumer banking veterans Linda Wong, Jeremy Soo and Domenic Fuda would assist with running the consumer banking business for the time being. A DBS spokesperson confirmed Mr Raju’s departure and said his successor would be announced shortly. “Linda will assist me with Taiwan, Hong Kong and China, Jeremy with Singapore, and Domenic with the consumer banking group’s regional functions and other countries,” said Mr Gupta in the memo. Mr Raju joined DBS’ treasury and markets division in 1999 from Citibank. Later, he also spearheaded the bank’s technology and transactions units. Mr Raju’s resignation is the latest in a series of high-profile management changes at DBS. The bank recently hired Ms Tan Su Shan as its head of private banking, ending her stint at Morgan Stanley. Mr Sim S Lim, formerly of Citibank, was also hired as DBS Singapore’s Country Manager.— The head of consumer banking of South-east Asia’s largest bank DBS Group Holdings, Mr Rajan Raju, has resigned after almost 11 years with the bank.

 

DBS head of consumer banking quits

SINGAPORE

MediaCorp understands that Mr Raju will be taking on a senior position in Deutsche Asset Management. Deutsche declined comment.

Mr Raju’s departure was announced by DBS chief executive Piyush Gupta through an email staff memo seen by MediaCorp yesterday. Mr Raju’s last day in the office is today, while his official last day is Sept 30, the memo said.

Mr Gupta said that consumer banking veterans Linda Wong, Jeremy Soo and Domenic Fuda would assist with running the consumer banking business for the time being. A DBS spokesperson confirmed Mr Raju’s departure and said his successor would be announced shortly.

“Linda will assist me with Taiwan, Hong Kong and China, Jeremy with Singapore, and Domenic with the consumer banking group’s regional functions and other countries,” said Mr Gupta in the memo.

Mr Raju joined DBS’ treasury and markets division in 1999 from Citibank. Later, he also spearheaded the bank’s technology and transactions units.

Mr Raju’s resignation is the latest in a series of high-profile management changes at DBS. The bank recently hired Ms Tan Su Shan as its head of private banking, ending her stint at Morgan Stanley. Mr Sim S Lim, formerly of Citibank, was also hired as DBS Singapore’s Country Manager.— The head of consumer banking of South-east Asia’s largest bank DBS Group Holdings, Mr Rajan Raju, has resigned after almost 11 years with the bank.

 

bUt

thIs  causes  InvestOrs

tO  vIew  DBS

as  a

BLACK  HOLE

are   sIngapOre  banks

at  wIts  END  ?

leoleo      ( Date: 07-Aug-2010 13:57) Posted: b'cos of this, I will hold dbs for long... junction      ( Date: 07-Aug-2010 12:44) Posted: When it comes to DBS, MAS goes soft.  Look at how they meet out 'penalties' to Hong Leong Finance as compared to DBS in the mis-selling to structured financial products.  We need the previous head to come back to run MAS

 

sO ?

that was ?

an  INTEGRITY  HEAD ?

bUt  was  PREVOUS  already ?

junction      ( Date: 17-Aug-2010 17:47) Posted: The guy who dared to report LKY got a discount from Ong Beng Seng pharoah88      ( Date: 08-Aug-2010 16:57) Posted: WHO  was the previous  head

 

Its been some time.......and still using the same method..........always win and never lose...........the exact opposite of me who keeps losing..........

 

 

Hahaha...

     You are right...

          They grow older...

boyikao3      ( Date: 25-Aug-2010 10:05) Posted: People do change, but their silliness don't... iPunter      ( Date: 25-Aug-2010 09:08) Posted: People don't change...        hehehe...

 

People do change, but their silliness don't...

iPunter      ( Date: 25-Aug-2010 09:08) Posted: People don't change...        hehehe...

 

Good advise.  I will buy some to keep and earn dividend 4% better than fixed deposit.

leoleo      ( Date: 25-Aug-2010 08:30) Posted: today will reach 13.56..buy more and hold . senecus      ( Date: 24-Aug-2010 13:52) Posted: Buy and hold........

 

People don't change...

       hehehe...

 

today will reach 13.56..buy more and hold .

senecus      ( Date: 24-Aug-2010 13:52) Posted: Buy and hold........

 

Buy and hold........



 

 

The guy who dared to report LKY got a discount from Ong Beng Seng

pharoah88      ( Date: 08-Aug-2010 16:57) Posted: WHO  was the previous  head ? leoleo      ( Date: 07-Aug-2010 13:57) Posted: b'cos of this, I will hold dbs for long..

 

mOre  OverHEAD ?

mOre  cOst ?

mOre  fAts ?

mOre  Off-Guard ?

mOre  lOsses ?

 

S’pore: DBS creates new country head role

SINGAPORE

Singaporean veteran banker Sim S Lim will take on the new role and join the bank on Sept 1.

A former Citi banker just like DBS group chief executive Piyush Gupta, Mr Lim’s immediate tasks are to implement the bank’s strategic blueprint which has been laid out by Mr Gupta in February.

This includes looking at strengthening the bank’s distribution capabilities and the payments space, as well as continue building customer assets in consumer and business loans.

Mr Lim was the president and CEO of Citigroup Global Markets Japan from June 2008 to December last year. Before that, he was the chairman of Citibank Hong Kong from April 2007.

DBS added yesterday that it has appointed Mr Sebastian Paredes as CEO of DBS Hong Kong with effect from Sept 13.

Mr Paredes will take over from Ms Amy Yip, who will retire at the end of the year.

Mr Paredes was the former president-director of PT Bank Danamon in Indonesia from 2005 to early this year.— In the wake of the recent IT outage debacle, Southeast Asia’s largest lender DBS\ Group Holdings has announced the creation of a NEW Singapore country manager role yesterday.