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wokiechewbacca Member	30-Apr-2020 11:55        wokiechewbacca About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can you guys go and see Dbs website, the info is all there.  btw can help me understand the rationale of buying for the dividends in short term, when share price will reduce by div paid out Anw?
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rainbowman Senior	30-Apr-2020 11:55        rainbowman About Contact  Quote this Post!
x 0   x 0  Alert Admin	Really quite unexpected, considering HSBC and most UK banks cancel dividends to conserve cash.
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Misty11 Member	30-Apr-2020 11:50        Misty11 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi john, can u share the source of this info of $660 dividend. I am asking because i am keen to buy and hold for the dividend. I tried to search SGX website but cannot find info of 2nd 33 cents dividend XD. I even called my UOBKH broker and he confirmed that current CD only one 33 cents dividend. Appreciate your advise please. Thanks,  john_ric      ( Date: 30-Apr-2020 11:38) Posted: they have already set aside $$$ for 2nd qtr to cushion covid-19 impacts. ------------------ Investors to receive $660 on the same day for 1000 shares.   Description Announced Date Ex Date Payment Date Amount (cents)1 2019 Final dividend 13-Feb-20 12-May-20 26-May-20 33 one-tier Description Announced Date Ex Date Payment Date Amount (cents)1 2020 1Q interim dividend 30-Apr-20 12-May-20 26-May-20 33 one-tier
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john_ric Supreme	30-Apr-2020 11:41        john_ric About Contact  Quote this Post!
x 0   x 1  Alert Admin	$20 is a  very strong resistance. breach and dropped back down.
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john_ric Supreme	30-Apr-2020 11:38        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	they have already set aside $$$ for 2nd qtr to cushion covid-19 impacts. ------------------ Investors to receive $660 on the same day for 1000 shares.   Description Announced Date Ex Date Payment Date Amount (cents)1 2019 Final dividend 13-Feb-20 12-May-20 26-May-20 33 one-tier Description Announced Date Ex Date Payment Date Amount (cents)1 2020 1Q interim dividend 30-Apr-20 12-May-20 26-May-20 33 one-tier
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AhLiang Elite	30-Apr-2020 11:04        AhLiang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wait for 2nd quarter results, unless you are like Cheong's son Tom who buy $2000 of blue every month.
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chubbybastard Member	30-Apr-2020 10:57        chubbybastard About Contact  Quote this Post!
x 0   x 0  Alert Admin	Fantastic. 29% fall in net profits, low interest rates for the forseeable future and more provisions for bad debts and guess what? The stock chiong 78c. Its like the more bad news they announce the more the stock chiong. DBS should announce lay-off of thier staff. Maybe the stock will chiong back to $30 a share Joelton      ( Date: 30-Apr-2020 10:28) Posted: DBS Q1 profit falls 29% on coronavirus loan loss provisions INGAPORE: DBS Group Holdings set aside hefty provisions to cover the impact of the coronavirus pandemic as it reported a 29 per cent drop in first-quarter profit but retained its quarterly dividend. Southeast Asia' s biggest lender joined HSBC and Standard Chartered in provisioning higher credit losses to guard against the fallout from the crisis.   " We will maintain a solid balance sheet with ample capital, liquidity and loss allowance reserves that give us strong buffers to absorb external shocks," DBS CEO Piyush Gupta said in a statement on Thursday (Apr 30). The bank said allowances for credit and other losses surged to S$1.09 billion in the three months to Mar 31, from S$76 million a year earlier. That was well above an average estimate of S$605 million, according to Refinitiv data. DBS was the first bank in Singapore to report earnings for the quarter. The sector has collectively forecast muted earnings growth for 2020 as interest rates soften and lending moderates following a robust performance in the past few years. https://www.channelnewsasia.com/news/business/dbs-q1-profit-falls-coronavirus-loan-loss-provisions-covid-19-12690110
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Joelton Supreme	30-Apr-2020 10:28        Joelton About Contact  Quote this Post!
x 0   x 0  Alert Admin	DBS Q1 profit falls 29% on coronavirus loan loss provisions INGAPORE: DBS Group Holdings set aside hefty provisions to cover the impact of the coronavirus pandemic as it reported a 29 per cent drop in first-quarter profit but retained its quarterly dividend. Southeast Asia' s biggest lender joined HSBC and Standard Chartered in provisioning higher credit losses to guard against the fallout from the crisis.   " We will maintain a solid balance sheet with ample capital, liquidity and loss allowance reserves that give us strong buffers to absorb external shocks," DBS CEO Piyush Gupta said in a statement on Thursday (Apr 30). The bank said allowances for credit and other losses surged to S$1.09 billion in the three months to Mar 31, from S$76 million a year earlier. That was well above an average estimate of S$605 million, according to Refinitiv data. DBS was the first bank in Singapore to report earnings for the quarter. The sector has collectively forecast muted earnings growth for 2020 as interest rates soften and lending moderates following a robust performance in the past few years. https://www.channelnewsasia.com/news/business/dbs-q1-profit-falls-coronavirus-loan-loss-provisions-covid-19-12690110
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Misty11 Member	30-Apr-2020 10:17        Misty11 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The current CD is only 33 cents, XD 12/5/2020. The other 33 cents (Q1) no date announced yet. FATABA      ( Date: 30-Apr-2020 10:00) Posted: Full year 2019 dividend is 33c XD 12th May ,  Q1 dividend is another 33c Xd 12 May ( payout 26th May )  Total 66c All this u can check up SGX website .  Good Luck  Misty11      ( Date: 30-Apr-2020 09:42) Posted: Hi FATABA, why dividend 66 cents? According to DBS announcement, it is 33 cents
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Joelton Supreme	30-Apr-2020 10:13        Joelton About Contact  Quote this Post!
x 0   x 0  Alert Admin	Banks set to report first profit falls since 2016 All three of Singapore' s banks are expected to see profit declines for the first time since 2016 as they set aside cash for a potential spike in bad loans stemming from the coronavirus-fuelled economic slump. Net income at each lender probably slid between 21 per cent and 28 per cent in the three months ended March 31 from a year earlier, according to the average estimates of six analysts surveyed by Bloomberg. DBS Group Holdings, the nation' s largest bank, is seen to report the steepest profit drop when it kicks off the earnings season today, while OCBC Bank is forecast to report the smallest contraction. The pain for Singapore' s lenders is set to persist as Singapore braces itself for a sharp economic contraction this year, thanks to the pandemic that is crippling manufacturing, tourism and other services. Banks are also contending with falling interest rates and slowing loan growth, and the crash in oil prices may trigger defaults among local firms that cater to the energy sector. " Banks always tend to do badly in the midst of an economic recession," said Ms Tan Min Lan, Asia-Pacific head of UBS Global Wealth Management' s chief investment office. The slumping economy will fuel bad loans, squeeze interest margins and slow credit growth, she said. OCBC and United Overseas Bank will report next week. The last time the trio all posted a profit retreat was in the final quarter of 2016, when many energy-related firms defaulted in the aftermath of an earlier oil slump. Analysts are predicting a sharp jump in credit costs due to the banks' exposure to the oil, gas and commodities sector and loans to small and mid-sized companies. The banks had combined exposure of US$680 million (S$962 million) to Hin Leong Trading, the Singapore oil trader that filed for court protection from creditors this month, as of April 9. It is not clear whether the local lenders will have provisioned against Hin Leong by the end of last month. DBS may have booked a loan-loss buffer of $640 million in the quarter, up from $76 million a year ago, according to Morgan Stanley analysts. They see OCBC' s provisions swelling 81 per cent to $451 million, and UOB' s more than tripling to $380 million. Jefferies analyst Krishna Guha expects the banks to book credit costs of 60 to 100 basis points and said guidance will be crucial to understanding the cost trajectory this year. Analysts expect single-digit declines in net interest margins this quarter, but said loans will be supported by larger companies drawing on commitment lines and banks providing short-term US dollar liquidity last month. Net interest margins probably shrank only slightly in the quarter because the United States Federal Reserve' s interest rate cut came late in the period, Citigroup analyst Robert Kong said in a note. The banks are expected to give guidance on this year' s dividends, with UBS Securities saying cuts are more likely for DBS and UOB than OCBC. OCBC has " more headroom" to maintain dividends given its higher capital levels and lower current payout ratio, Sanford C. Bernstein analyst Kevin Kwek wrote in a note. Analysts estimate dividend yield for all three banks to remain between 4 per cent and 7 per cent this year even after earnings decline, supported by Tier-1 capital ratios exceeding 14 per cent. https://www.straitstimes.com/business/banking/banks-set-to-report-first-profit-falls-since-2016
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rainbowman Senior	30-Apr-2020 10:05        rainbowman About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ya, results better than expected, especially the dividends, thought they need conserve cash. Either economy still ok, or the worst will be reflected in 2nd quarter. FATABA      ( Date: 30-Apr-2020 10:00) Posted: Full year 2019 dividend is 33c XD 12th May ,  Q1 dividend is another 33c Xd 12 May ( payout 26th May )  Total 66c All this u can check up SGX website .  Good Luck  Misty11      ( Date: 30-Apr-2020 09:42) Posted: Hi FATABA, why dividend 66 cents? According to DBS announcement, it is 33 cents
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FATABA Supreme	30-Apr-2020 10:00        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Full year 2019 dividend is 33c XD 12th May ,  Q1 dividend is another 33c Xd 12 May ( payout 26th May )  Total 66c All this u can check up SGX website .  Good Luck  Misty11      ( Date: 30-Apr-2020 09:42) Posted: Hi FATABA, why dividend 66 cents? According to DBS announcement, it is 33 cents. FATABA      ( Date: 30-Apr-2020 08:44) Posted: Actually Q1 result exceed expectation .....considering a provision of 700M wow.  ( may not be use up fully)  Dividend continue for Q1 ...so total 66c.  ( DBS do hv sufficient to pay out )  Q2 is certainly of more concern Dyodd Happy investing.
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Misty11 Member	30-Apr-2020 09:42        Misty11 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi FATABA, why dividend 66 cents? According to DBS announcement, it is 33 cents. FATABA      ( Date: 30-Apr-2020 08:44) Posted: Actually Q1 result exceed expectation .....considering a provision of 700M wow.  ( may not be use up fully)  Dividend continue for Q1 ...so total 66c.  ( DBS do hv sufficient to pay out )  Q2 is certainly of more concern Dyodd Happy investing.  pasttime      ( Date: 30-Apr-2020 07:43) Posted: respectable 1q results. income pass 4b for quater. div 33 cents pay 26 may. so plus the pending 33cents,  expected to be approved in today agm, 66 cents on the way.
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Starship Supreme	30-Apr-2020 08:58        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin
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cheongweevictor Supreme	30-Apr-2020 08:49        cheongweevictor About Contact  Quote this Post!
x 0   x 0  Alert Admin	i dont know,,but he did that for some 10 over year,, on a few blue.. i think he told me like close to 2k.monthly...anyway,, good way of saving.. better than put in bank,, got 6 % div.. and grow,,, the best wat to vest ,,,stress free no worry..   AhLiang      ( Date: 30-Apr-2020 08:26) Posted: Learn like your son Tom? Buy a few hundred dollars every month? cheongweevictor      ( Date: 30-Apr-2020 08:25) Posted: surprise..all within expectation.. one word .....buy i
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FATABA Supreme	30-Apr-2020 08:44        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Actually Q1 result exceed expectation .....considering a provision of 700M wow.  ( may not be use up fully)  Dividend continue for Q1 ...so total 66c.  ( DBS do hv sufficient to pay out )  Q2 is certainly of more concern Dyodd Happy investing.  pasttime      ( Date: 30-Apr-2020 07:43) Posted: respectable 1q results. income pass 4b for quater. div 33 cents pay 26 may. so plus the pending 33cents,  expected to be approved in today agm, 66 cents on the way.
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Siwomp Supreme	30-Apr-2020 08:36        Siwomp About Contact  Quote this Post!
x 0   x 0  Alert Admin	Q1 result is from Jan to Mar 2020?
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AhLiang Elite	30-Apr-2020 08:26        AhLiang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Learn like your son Tom? Buy a few hundred dollars every month? cheongweevictor      ( Date: 30-Apr-2020 08:25) Posted: surprise..all within expectation.. one word .....buy it AhLiang      ( Date: 29-Apr-2020 19:43) Posted: You sound like my Primary school teacher. He also liked hardworking student.
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cheongweevictor Supreme	30-Apr-2020 08:25        cheongweevictor About Contact  Quote this Post!
x 0   x 0  Alert Admin	surprise..all within expectation.. one word .....buy it AhLiang      ( Date: 29-Apr-2020 19:43) Posted: You sound like my Primary school teacher. He also liked hardworking student. cheongweevictor      ( Date: 29-Apr-2020 15:03) Posted: wakaka,, uiop1223 and u are good investor,, u ask question n do homework.. i like this type people.
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pasttime Supreme	30-Apr-2020 07:43        pasttime About Contact  Quote this Post!   Yells: "gold silver are real money. not others iou."
x 0   x 0  Alert Admin	respectable 1q results. income pass 4b for quater. div 33 cents pay 26 may. so plus the pending 33cents,  expected to be approved in today agm, 66 cents on the way.
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