| Latest Forum Topics / DBS Last:64.14 -- |
|
|
DBS
|
|||||||||||
|
Joelton
Supreme |
12-May-2026 09:44
|
||||||||||
|
x 0
x 0 Alert Admin |
Potential sale of car dealership may fetch US$350 mil for Jardine C& C DBS maintains ' buy' and $39 target price Elizabelle Pang of DBS Group Research has kept her " buy" call and $39.00 target price for Jardine Cycle & Carriage after news that it is exploring a sale of its Singapore and Malaysia car dealership business operated under the Cycle & Carriage brand. This divestment is apparently in line with parent company Jardine Matheson' s broader strategy of capital recycling, seen across its various other units including Hongkong Land and DFI Retail Group. Earlier, Jardine C& C itself has divested minority stakes in businesses in the region such as Vinamilk. Pang of DBS estimates that Cycle & Carriage is worth more than US$350 million, based on FY2026 earnings estimates at US$50 million valued at a " conservative" 7x earnings If the divestment is completed, JC& C can turn from net debt of US$200 million to a net cash position. " While surprising given C& C&rsquo s long-standing status as a core, majority-controlled asset, the sale would enhance strategic flexibility and could increase the likelihood of a longer-term JC& C privatization," says Pang. The Jardine group acquired the Cycle & Carriage business back in 2002. The car dealership carries brands such as Mercedes-Benz, Mitsubishi, Kia, Citroen and Peugeot. " In our view, the sale would materially enhance JC& C&rsquo s financial flexibility for capital recycling, opportunistic M& A, and potential shareholder returns such as share buybacks. " More importantly, if completed, it could increase the likelihood of a JCNC privatization in our view, subject to JM&rsquo s broader capital allocation priorities," she adds. Jardine C& C shares closed at $32.88 on May 8, up 1.51% for the day but down 3.27% year to date. |
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
hokpin
Supreme |
11-May-2026 17:39
|
||||||||||
|
x 0
x 0 Alert Admin |
Just keep and don' t care too much about the price movement until forgot it is XD today...
|
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
|
|||||||||||
|
huattuatua
Elite |
11-May-2026 17:08
|
||||||||||
|
x 0
x 0 Alert Admin |
strong, xD today still manage to close green😝 | ||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
Joelton
Supreme |
09-May-2026 09:47
|
||||||||||
|
x 0
x 0 Alert Admin |
DBS sells private credit fund yielding up to 20% to rich clients &mdash Bloomberg (May 8): Singapore-based firm Granite Asia has engaged the private banking arm of DBS Group Holding Ltd to raise additional capital for its first private credit vehicle, people familiar with the matter said. Access to the fund, which reached its first close last year, was recently made available to wealthy investors via DBS Private Bank, the people said, who asked not to be identified discussing private matters. It targets an internal rate of return of about 16% to 20% per year, with investor cash yields of about 8% to 10%, according to a document seen by  Bloomberg News. Granite&rsquo s latest effort will serve as a fresh gauge of appetite among Asia&rsquo s wealthy investors for private credit &mdash a US$1.8 trillion ($2.3 trillion) asset class that has been shaken globally by high-profile defaults and heavy redemption requests in the US. While Asia has remained relatively insulated, concerns still rippled through the region earlier this year, prompting private bankers in Hong Kong and Singapore to reassure clients. The strategy is structured as a closed-ended vehicle, meaning investments are illiquid, with no redemption rights and limited transferability during the fund&rsquo s term, according to the document. It also requires a long-term commitment with no certainty of return, the document added. DBS Private Bank&rsquo s high-net-worth clients and family offices will be able to access to the fund, said James Tan, group head for investment product and advisory at the bank. Granite&rsquo s push follows a similar move by Singapore-based firm SeaTown Holdings International, a unit of sovereign wealth fund Temasek Holdings Pte, which raised around US$180 million through DBS Private Bank for its third private credit fund. Clients must hold at least US$5 million in assets to qualify for such an account at the financial institution, according to its website. Last year, Granite &mdash the re-branded Asian business of US venture capital firm GGV Capital &mdash secured more than US$350 million in anchor commitments for the fund&rsquo s first close and is targeting total capital of US$500 million. Proceeds raised will be deployed across roughly 20 to 30 deals, each capped at 10% of the fund&rsquo s size, according to the document. The deals will be in the form of hybrid capital, combining secured lending with upside participation, the document added. |
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
huattuatua
Elite |
08-May-2026 17:01
|
||||||||||
|
x 0
x 0 Alert Admin |
bot  some for may 20' s dividends. huatzzzz |
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
|
|||||||||||
|
Joelton
Supreme |
05-May-2026 11:55
|
||||||||||
|
x 0
x 0 Alert Admin |
Analysts upgrade DBS, lift target price on improved forecasts, wealth franchise growth Increased inflows into Singapore from a flight to safety and the strong Singapore dollar may benefit bank, says OCBC Group Research [SINGAPORE] CGS International (CGSI) and Macquarie upgraded their calls on DBS : D05 +0.46%, citing improved forecasts for Singapore&rsquo s largest bank after its strong first quarter earnings beat expectations last week. Following DBS&rsquo earnings release on Thursday (Apr 30) &ndash where its net profit rose 1 per cent year on year to S$2.93 billion and surpassed Bloomberg analysts&rsquo expectations &ndash CGSI upgraded the bank to &ldquo add&rdquo from &ldquo hold&rdquo , raising its target price to S$63.80 from S$60. &ldquo We turn more constructive on DBS after its analyst briefing on Apr 30, due to its resilient net interest income (NII) and stronger growth in its wealth management fees,&rdquo said CGSI analyst Tay Wee Kuang. Similarly, Macquarie upgraded DBS to &ldquo neutral&rdquo from &ldquo underperform&rdquo and lifted its target price by 8 per cent to S$52.38 from S$48.56. Macquarie analyst Jayden Vantarakis noted that DBS&rsquo guidance for 2026 has turned &ldquo slightly more upbeat&rdquo . Vantarakis noted that DBS now thinks its earnings &ldquo have a good shot at coming in flat year on year for FY2026&rdquo . Noting DBS&rsquo resilient Q1 earnings, strong balance sheet and existing credit provision buffers in place, Vantarakis expects the bank to post a roughly 2 per cent year on year increase in profits for FY2026. Macquarie has raised DBS&rsquo earnings per share (EPS) estimates for 2026 to 2028 by 3 per cent and 6 per cent, respectively, on account of better NII and profitability. CGSI has also lifted DBS&rsquo EPS forecasts for FY2026 to FY2028 by 1.1 per cent to 1.3 per cent, respectively, citing its &ldquo resilient&rdquo NII and stronger growth in its wealth management fees. PhillipCapital on Monday also raised its target price to S$61 from $60 and maintained its &ldquo accumulate&rdquo call. OCBC Group Research on Thursday increased its fair value estimate to S$60.93 from S$59.43 and assigned the bank a &ldquo hold&rdquo rating. Macquarie&rsquo s Vantarakis noted that DBS&rsquo Capital return plans remain in place for FY2026 to FY2027 and that the bank may benefit from long-term opportunities, even as it faces near-term risks. He pointed out that DBS has de-risked its consumer and SME portfolio: &ldquo DBS believes supply chain impacts on its clients from the Middle East conflict can be contained and expects medium-term lending opportunities in infrastructure and renewables to arise.&rdquo Wealth business growth may drive earnings Growth in DBS&rsquo wealth business may support earnings, analysts said. CGSI&rsquo s Tay noted that the investment house&rsquo s improved rating for the bank accounts for &ldquo stronger wealth management fee growth that would allow DBS to eke out earnings growth in FY2026, with potential upside on better deposits growth&rdquo . Elevated geopolitical tensions could benefit DBS&rsquo wealth business, said OCBC head of equity research Carmen Lee. &ldquo With the flight to safety and the strong Singapore dollar, we expect some inflow of funds into Singapore. This should be positive for DBS&rsquo s wealth business,&rdquo said Lee. This, alongside market expectations of no rate cuts by the US Federal Reserve this year, should mitigate an &ldquo otherwise challenging situation for banks&rdquo , added Lee. Citing management, she noted that the bank has &ldquo limited direct exposure&rdquo to the Middle East. Lee noted that wealth income currently accounts for 53 per cent of total fee income, up from 48 per cent in Q1 2025. Moreover, DBS has grown its wealth assets under management from S$291 billion in 2021 to S$492 billion currently, which is a &ldquo credible compounded annual growth rate of 14 per cent per year&rdquo , she added. &ldquo With this growing base, we expect that the group will continue to grow its wealth franchise including more products and locations,&rdquo said Lee. Similarly, PhillipCapital research analyst Glenn Thum concurred that wealth flows and fees could fuel growth. &ldquo We nudge up our FY2026 earnings estimates by 1 per cent from higher wealth management estimates,&rdquo Thum said. He expects non-interest income to remain the primary growth driver, while bancassurance could provide counter-cyclical diversification to investment-linked wealth management fees. |
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
Joelton
Supreme |
01-May-2026 11:39
|
||||||||||
|
x 0
x 0 Alert Admin |
DBS soars 4.3% to two-month high on higher Q1 earnings that beat estimates Its S$2.93 billion Q1 earnings beat the consensus forecast in a Bloomberg survey of six analysts [SINGAPORE] Shares of DBS : D05 +3.43%rose to their highest price in more than two months on Thursday (Apr 30), after Singapore&rsquo s largest lender posted higher earnings for its first quarter ended Mar 31. As at 9.05 am, the counter rose to S$59, up by 4.3 per cent or S$2.44 from Wednesday&rsquo s closing price of S$56.56, with over 1.7 million shares changing hands. This was its highest price in more than 11 weeks &ndash it last traded higher at S$59.52 on Feb 6, 2026. As a result, it boosted the Straits Times Index by nearly 1 per cent. By 10.04 am, it had eased to S$58.50, still up by 3.4 per cent or S$1.94, with more than 4.3 million shares traded. DBS on Thursday posted a Q1 net profit of S$2.93 billion, up 1 per cent from S$2.9 billion in the year-ago period on strong wealth management performance. Total income rose 1 per cent to a record S$5.95 billion. The improved earnings surpassed the S$2.88 billion consensus forecast in a Bloomberg survey of six analysts. The bank announced a total dividend of of S$0.81 per share for Q1, including a S$0.66 ordinary dividend and a S$0.15 capital return dividend. Net fee and commission income rose 16 per cent to a record S$1.48 billion, fuelled by improved wealth management fees, which hit a new high of S$907 million. For the quarter, customer deposits rose 9 per cent on the year to S$629.9 billion, driven by the current accounts and savings accounts (Casa), outpacing the 4 per cent growth in customer loans to S$453.2 billion. DBS chief executive Tan Su Shan said that deposit growth was &ldquo higher than expected&rdquo , and that the bank is lifting its 2026 deposit growth outlook as it guides for steady earnings amid an uncertain rate environment. Prior to DBS&rsquo earnings release &ndash which is the first of the three local banks&rsquo &ndash analysts&rsquo forecasts indicated that Iran war-related safe-haven deposit inflows could boost Q1 net interest income (NII) of Singapore banks,  The Business Times  reported on Monday. UOB and OCBC are set to post results on May 7 and May 8, respectively. The absence of previously-expected rate cuts from the US Federal Reserve within Q1 was another factor that analysts predicted could shore up local lenders&rsquo earnings. Earlier on, at its Q4 earnings briefing, the bank had pencilled in two Fed rate cuts for 2026. However, the US central bank turned away from the anticipated Q1 rate cuts following fuel price hikes more recently, it decided to keep interest rates unchanged after the latest Fed meeting on Wednesday. Moreover, DBS now expects FY2026 net profit to stand at around 2025 levels, an improved forecast from last quarter, when it guided for lower full-year earnings. Analysts mixed on DBS post-earnings release On Thursday, analysts were mixed on DBS following the release of its results. Citi Research on Thursday assigned DBS a target price of S$63.60, implying a 2.6 times price-to-book ratio, and gave it a &ldquo buy&rdquo rating, highlighting key positives such as the bank&rsquo s deposits growth and improved asset quality. Another positive is that DBS&rsquo NII guidance remains &ldquo largely intact despite the Singapore Overnight Rate Average (Sora) run-rate (being) below initial expectations&rdquo , said Citi Research analyst Tan . CGS International (CGSI) on Thursday maintained its &ldquo hold&rdquo rating for DBS, with its target price unchanged at S$60. The investment house kept its FY2026 guidance for DBS unchanged in light of the Middle East crisis, which could lead to higher credit costs for the rest of the financial year, said CGSI analyst Tay Wee Kuang. &ldquo We remain cognisant of potential asset quality deterioration that could result in higher credit costs for the remainder of FY2026,&rdquo Tay said. Another downside risk is the &ldquo further compression in net interest margin from lower Sora, that could mimic US interest rates should the Fed start to lower interest rates,&rdquo he added. Meanwhile, upside risks include stronger-than-expected wealth assets-under-management inflows for the rest of the year, which could lift non-interest income and recovery in Sora, to support a &ldquo resilient NII&rdquo , said Tay. In a flash note on Thursday, Macquarie Capital maintained its guidance for DBS and kept its &ldquo underperform&rdquo rating for the bank unchanged. It lowered its 12-month target price of S$48.56 from S$48.67 previously. While DBS&rsquo Q1 fee income was &ldquo strong&rdquo , driven by the wealth segment, Macquarie Capital analyst Jayden Vantarakis noted that growth was more modest for all other segments, including cards and loans. He added that the 5 per cent year-on-year compression in NII was the &ldquo key reason (why) profits were essentially flat year on year&rdquo , while net interest margin dropped 4 basis points on the quarter to 1.89 per cent. &ldquo The slides indicate the impact of rates has been largely mitigated, with DBS continuing to capture hedging opportunities,&rdquo Vantarakis said. |
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
GenoInvestor
Member |
30-Apr-2026 11:36
|
||||||||||
|
x 2
x 0 Alert Admin |
I think it is dividend of $0.66 and $0.15 , not $0.0066 and $0.0015. That is a big different.
|
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
|
|||||||||||
|
PiRPiR
Master |
30-Apr-2026 11:25
|
||||||||||
|
x 0
x 0 Alert Admin |
11:08 PM EDT, 04/29/2026 (MT Newswires) -- DBS Group (SGX:D05) net profit rose 1% in the first quarter to SG$2.93 billion from SG$2.90 billion a year earlier, according to a filing with the Singapore Exchange on Thursday.
Earnings per share rose to SG$4.17 compared with SG$4.11 in the year-ago period. Visible Alpha expected an EPS of SG$0.98. Total income was up 1% year over year to SG$5.95 billion from SG$5.91 billion. The board declared an interim one-tier dividend of SG$0.0066 per share and a capital return dividend of SG$0.0015 per share for the period. The dividend is expected to be paid on or about May 20. Shares of the bank were up nearly 4% in Thursday trading. |
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
FATABA
Supreme |
30-Apr-2026 10:25
|
||||||||||
|
x 0
x 0 Alert Admin |
wow ....Can DBS hit $12B net profit for full year 2026 ....time will tell .  A good set of results w wars all over ..... Happy investing. 
|
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
spursfan
Supreme |
30-Apr-2026 09:28
|
||||||||||
|
x 0
x 0 Alert Admin |
Upcoming Dividend/Distribution Dates 
|
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
Joelton
Supreme |
30-Apr-2026 09:20
|
||||||||||
|
x 0
x 0 Alert Admin |
DBS Q1 net profit up 1% at S$2.93 billion on record wealth management fees, beating forecasts The lender declares a dividend of S$0.81 per share [SINGAPORE] DBS&rsquo net profit for its first quarter rose due to strong wealth management performance, it said on Thursday (Apr 30). Net profit for the three months ended Mar 31, 2026, stood at S$2.93 billion, up 1 per cent from the S$2.90 billion in the year-ago period. The earnings beat the S$2.88 billion consensus forecast in a Bloomberg survey of six analysts. Profit before tax was up 2 per cent on the year to S$3.51 billion, as total income reached a new high of S$5.95 billion. The lender declared a total dividend of S$0.81 per share for Q1, comprising an ordinary dividend of S$0.66 and a capital return dividend of S$0.15, up from S$0.75 per share in the year-ago period. For the commercial book, total income flat on the year at S$5.56 billion. Net interest income for the segment fell 7 per cent to S$3.48 billion, as net interest margin (NIM) posted a 39-basis-point decline to 2.29 per cent. Commercial book net fee and commission income was up 16 per cent at S$1.48 billion, as wealth management fees reached a record S$907 million, driven by higher investment product sales and bancassurance. Treasury customer sales and other income for the segment rose 10 per cent to S$602 million. Meanwhile, its markets trading income rose 7 per cent to S$389 million, on lower funding costs and improved trading conditions. Overall, group NIM fell to 1.89 per cent for the quarter, from 2.12 per cent in the previous corresponding period. Its non-performing loans ratio was lower at 1 per cent, from 1.1 per cent previously. Chief executive Tan Su Shan said: &ldquo We had a strong start to the year, with record total income and a return on equity of 17 per cent despite continued rate headwinds and heightened geopolitical uncertainty. &ldquo The quarter was anchored by record wealth management performance, alongside robust deposit growth, record transaction services fees and stronger markets trading income.&rdquo DBS was the first of Singapore&rsquo s three lenders to report quarterly results. UOB is scheduled to release earnings on May 7, while OCBC is expected to report on May 8. Shares of DBS : D05 -0.33% closed down 0.3 per cent or S$0.19 at S$56.56 on Wednesday. |
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
|
|||||||||||
|
huattuatua
Elite |
30-Apr-2026 09:06
|
||||||||||
|
x 0
x 0 Alert Admin |
hanor but to buy this one dam chor leh? lol
|
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
huattuatua
Elite |
30-Apr-2026 09:05
|
||||||||||
|
x 0
x 0 Alert Admin |
next week 60 +,? :))))))))) | ||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
hokpin
Supreme |
30-Apr-2026 09:05
|
||||||||||
|
x 0
x 0 Alert Admin |
When people throw, we add. Huattuatua ah!
|
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
huattuatua
Elite |
30-Apr-2026 08:51
|
||||||||||
|
x 0
x 0 Alert Admin |
dam shiok ar this kind of results and after 20th may, my holding costs will be around 24.xxx, lol my target this yr will be making my average costs to be lower than 20 bucks, kakakaka huat to all vested thru thick and thin for dbs. |
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
Checkerman
Master |
30-Apr-2026 08:18
|
||||||||||
|
x 0
x 0 Alert Admin |
Good to add more
|
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
hokpin
Supreme |
30-Apr-2026 07:12
|
||||||||||
|
x 0
x 0 Alert Admin |
Market estimated the revenue was slightly lower YoY but the other way. Super solid! Hot money from Middle East flew in! | ||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
hokpin
Supreme |
30-Apr-2026 07:09
|
||||||||||
|
x 0
x 0 Alert Admin |
Solid. Better than analysts? estimated revenue and net profit!
|
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
spursfan
Supreme |
30-Apr-2026 06:49
|
||||||||||
|
x 0
x 0 Alert Admin |
DBS Group Holdings
1Q 2026 financial results April 30, 2026 Highlights 1Q net profit up 1% YoY to $2.93b as total income reaches new high, ROE at 17.0% Total income up 1% to record $5.95b o Strong deposit growth and hedging mitigate rate headwinds o Record fee income and treasury customer sales led by wealth management o Markets trading income strengthened due to lower funding costs and improved trading conditions 1Q net profit rises 24% QoQ Total income rises 12% led by growth in fee income, treasury customer sales, and markets trading Group NII little changed on day-adjusted basis Balance sheet remains strong Asset quality resilient. New NPA formation low and more than offset by repayments and write-offs NPL ratio stable at 1.0%, SP at 14bp Allowance coverage at 131% and 200% after considering collateral Transitional CET1 ratio at 16.9%, fully phased-in at 14.8% 1Q total dividend of 81¢ per share, comprising 66¢ ordinary dividend and 15¢ Capital Return dividend https://links.sgx.com/1.0.0/corporate-announcements/S0JD5V70BTNN38EX/886952_1Q26_CFO_presentation.pdf |
||||||||||
| Useful To Me Not Useful To Me | |||||||||||

