DBS    Last:44.6    -0.5

DBS

I bought at $12.58 yesterday.

Today xd & dbs rises , thank dbs

idesa168      ( Date: 20-Aug-2009 09:30) Posted: Those who bought DBS at the low of 12.58 range yesterday will get 14¢ of dividends and a little of capital gain if sell now at $12.64. Not a bad deal right!

 

Those who bought DBS at the low of 12.58 range yesterday will get 14¢ of dividends and a little of capital gain if sell now at $12.64. Not a bad deal right!

 

wads the reason for it to chiong so much? if it is just pure cheap money from the govt i dont think it will sustain.. more govt pumping money into the economy meaning more taxes on the population in future..

also the economic growth models for many countries will be changing n it takes time.

bh704428      ( Date: 19-Aug-2009 21:07) Posted: within the next 12 months, STI 2850 to even 3200 is a very strong possibility. In fact if wait for a few more years, both my brokers told me STI revisit or even break that 3900 high, also got very high chance. jing77      ( Date: 19-Aug-2009 21:00) Posted: hmm.. but the market has risen so much den park the money into stocks.. i think now this environment is more of hit n run strategy leh..

 

u bot at wat price?

I only have 1 lot now. I Intend to buy another 2 to 3 lots

mario1      ( Date: 19-Aug-2009 20:58) Posted: btw, i hold 1 month and it reached $14 last time, just really pek chek that i didn't sell it. So when I read your broker statement, my reaction is also LOL..

 

within the next 12 months, STI 2850 to even 3200 is a very strong possibility.

In fact if wait for a few more years, both my brokers told me STI revisit or even break that 3900 high, also got very high chance.

jing77      ( Date: 19-Aug-2009 21:00) Posted: hmm.. but the market has risen so much den park the money into stocks.. i think now this environment is more of hit n run strategy leh..  bh704428      ( Date: 19-Aug-2009 20:53) Posted: u cannot say like tat lah, becos if we take counters like chartered, gems tv, LMA & china hongxing & many others, even if we hold them for 1 year, very unlikely they can even rise back even 30% of their all-time high. Becos FD rates now so low, I'm thinking of putting my ,money into all blue chips now to park for 2 years, the dividends alone oredi better than the FD 1-YEAR rate

 

i oredi have reits, fully-paid up.

It's just that this week i got another FD account matured, just took out the money, can't believe the FD rates now are sooo low

Alligator      ( Date: 19-Aug-2009 20:57) Posted:    If dividend is what you are after, then why not go for Reits,,, their dividend is better bh704428 Senior Posted: 19-Aug-2009 20:53       Contact bh704428          *  Quote this Post! x 0 x 0 * Alert Admin u cannot say like tat lah, becos if we take counters like chartered, gems tv, LMA & china hongxing & many others, even if we hold them for 1 year, very unlikely they can even rise back even 30% of their all-time high. Becos FD rates now so low, I'm thinking of putting my ,money into all blue chips now to park for 2 years, the dividends alone oredi better than the FD 1-YEAR rate

 

hmm.. but the market has risen so much den park the money into stocks.. i think now this environment is more of hit n run strategy leh.. 

bh704428      ( Date: 19-Aug-2009 20:53) Posted: u cannot say like tat lah, becos if we take counters like chartered, gems tv, LMA & china hongxing & many others, even if we hold them for 1 year, very unlikely they can even rise back even 30% of their all-time high. Becos FD rates now so low, I'm thinking of putting my ,money into all blue chips now to park for 2 years, the dividends alone oredi better than the FD 1-YEAR rate jing77      ( Date: 19-Aug-2009 20:47) Posted: lol.. it is as well as not telling u anything.. anyway hold it for 9-12 months for it to rise to $14 is not difficult.. but the time length of holding it for this low return might as well turn to other counters which is much cheaper and faster? just my view =p

 

9-12 mths later, i would think DBS can do better than that..

I got a feeling that it will drop a lot after XD, maybe you should wait till after XD and see..

 

also the word he used here is CERTAIN.

Becos he said if hold penny counters for 1-2 yrs, no guarantee they won't spring surprises such as profit warning, cancellation of orders & other nasty surprises,

He said banks such as DBS  for long-term is super-safe at current prices when STI only 2500ish

 

btw, i hold 1 month and it reached $14 last time, just really pek chek that i didn't sell it. So when I read your broker statement, my reaction is also LOL..

 

 

 If dividend is what you are after, then why not go for Reits,,, their dividend is better

bh704428 Senior	Posted: 19-Aug-2009 20:53       Contact bh704428          *  Quote this Post!
x 0 x 0 * Alert Admin	u cannot say like tat lah, becos if we take counters like chartered, gems tv, LMA & china hongxing & many others, even if we hold them for 1 year, very unlikely they can even rise back even 30% of their all-time high. Becos FD rates now so low, I'm thinking of putting my ,money into all blue chips now to park for 2 years, the dividends alone oredi better than the FD 1-YEAR rate

 

I think there r many other more attractive counters now with much  better returns.. If you want to buy DBS, maybe wait for it to drop more lor.. As for what your broker said, $14 after holding for 9 months is not attractive at all..

 

u cannot say like tat lah,

becos if we take counters like chartered, gems tv, LMA & china hongxing & many others, even if we hold them for 1 year, very unlikely they can even rise back even 30% of their all-time high.

Becos FD rates now so low, I'm thinking of putting my ,money into all blue chips now to park for 2 years, the dividends alone oredi better than the FD 1-YEAR rate

jing77      ( Date: 19-Aug-2009 20:47) Posted: lol.. it is as well as not telling u anything.. anyway hold it for 9-12 months for it to rise to $14 is not difficult.. but the time length of holding it for this low return might as well turn to other counters which is much cheaper and faster? just my view =p bh704428      ( Date: 19-Aug-2009 20:43) Posted: any guess on dbs's likely price by say CNY 2010? BTW, my broker told me if say hold this dbs for 9 to 12 months, he said it's very certain dbs will rise back to at $14. Any views on that?

 

lol.. it is as well as not telling u anything.. anyway hold it for 9-12 months for it to rise to $14 is not difficult.. but the time length of holding it for this low return might as well turn to other counters which is much cheaper and faster? just my view =p

bh704428      ( Date: 19-Aug-2009 20:43) Posted: any guess on dbs's likely price by say CNY 2010? BTW, my broker told me if say hold this dbs for 9 to 12 months, he said it's very certain dbs will rise back to at $14. Any views on that?

 

any guess on dbs's likely price by say CNY 2010?

BTW, my broker told me if say hold this dbs for 9 to 12 months, he said it's very certain dbs will rise back to at $14.

Any views on that?

 

Its time our government look into possibility of Bank merges with Insurance company like DBS n NTUC income. They already had in mind to have another investment unit besides GIC and Temasek and i think this is a good move.    So as merger of bank/insurance which i believe, could bring even greater benefits to singaporeans.    Imagine DBS share at $40.00? (comparable to those US banks). 

Merger Benefits -

1) Dollar-to-dollar medical insurance (medi-save) for young children.  From birth, each singaporean child should have a medi-save account and Whatever Parents' savings  in medi-save, children get every dollar of  it credited by the government.  Medi-save accounts should be set up early for our youngs since the medical costs have been increasing all the time.

Comments and ideas are welcomed ........bring it on.

 

 

 

niuyear      ( Date: 17-Aug-2009 15:34) Posted: Country like canada has proposal of bank and insurance companies to merge.  DBS and NTUC Income, a good match...

 

I agree, as long as one have enough bullets. Why worry???

Sure make one lah. I plan to average down on this stock.

11.50...10.50....9.50....8.50....7.50.... Never scare at all.

mario1      ( Date: 12-Aug-2009 21:22) Posted: Below $12 i will buy more.. This is the same fear in march, it went below $8 but it still bounces back. The same rumour about UOB then too, saying that it will be taken over by some other banks blah blah.. Now pple are talking about DBS. It's national bank come on..

 

Country like canada has proposal of bank and insurance companies to merge.  DBS and NTUC Income, a good match... 

 

Noting new was said about the economy so nothing new to affect the spirits.

But I think DBS will trade technical wise.  Sell now if you cannot hold, yet if you wish to accummulate no one can badmouth it.

If today it failed to get a bullish reversal by implementing a morning star formation, then don't waste time on this counter.  If its does make an effort at the close, then dump in some money tmr to buy this one of  Asia's weakest banks (in terms of play).

 

The current economy, at home as well as global, is still volatile.  Being a small state, we are vulnerable to catch a cold when the big boys - e.g. USA, EU, and China - sneeze.  The local banks especially DBS could not perform well, financially, if our economy does not show strong signs of positive growth and these signs are not yet visible!  So, my view is that do not just rush to buy DBS as its price is still on the high side.  Let's wait and listen to PM Lee's national rally speech on this coming Sunday, 16th September.  We could then dissect his speech objectively to understand what kind of strategic remedies he would have proposed for taking our state economy out of doldrums.