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DBS
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DBS
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trademaster
Supreme |
12-Jul-2019 08:46
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Singapore&rsquo s economy shrank in the second quarter from the previous three months on an annualized basis, widely missing economists&rsquo forecasts, preliminary data showed on Friday.
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trademaster
Supreme |
12-Jul-2019 07:54
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I will stick to my bottom scoop level, which is slightly above my previous entry levels   - DBS 2450-2500 UOB 2550-2600 |
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kandinsky
Master |
12-Jul-2019 02:37
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It might end around 25.2 to 25.4 range on Friday
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trademaster
Supreme |
12-Jul-2019 01:06
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Despite the positive news, the counter got sold down, confirming my view that banks are weak now with limited upside, likely due to expectation of interest rate cut, looming trade wars and plus tomorrow is Friday.
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kandinsky
Master |
11-Jul-2019 18:43
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Thanks, I am sure many bros made money during these turbulent times.
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Starship
Supreme |
11-Jul-2019 18:43
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Think Yahoo uses the trailing 1-year div. In this case $1.50 consisting: 8 Aug 2018 = 60c 2 May 2019 = 60c 17 May 2019 = 30c   
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Zachiel
Senior |
11-Jul-2019 18:30
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Good trade Bro. I waiting for 26-27 range. Plan to collect more if drop lower. :)
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kandinsky
Master |
11-Jul-2019 13:36
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This is a good buying range for short trades.
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rs2311sr
Member |
11-Jul-2019 13:32
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I'm curious... Will dividend ex date be on 29 Jul 2019? DBS on Yahoo Finances states 1.50 per share. | ||||
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Starship
Supreme |
11-Jul-2019 12:58
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World' s Best Bank.......................yet again........... And the Entire Universe' s feat of Only Bank to ever Concurrently hold 3 World Best Bank title........................... ![]() ![]() ![]() DBS named World' s Best Bank by Euromoney magazine THU, JUL 11, 2019 - 11:55 AM [SINGAPORE] DBS has been named the World' s Best Bank by Euromoney magazine in a first for an Asian bank. Euromoney editor Clive Horwood said DBS represented what a bank today should look like: " No other institution has worked so hard to embrace and lead digital disruption." The latest award follows two other honours DBS received last year. Global Finance magazine named it Best Bank in the World in August and Financial Times publication The Banker named it Bank of the Year - Global three months later. The award was presented to DBS group chief executive Piyush Gupta in London on Wednesday. He said: " With this award, we are now the first bank ever to concurrently hold three of the most prestigious global best bank honours." DBS Group Holdings' first-quarter net profit rose 9 per cent to S$1.65 billion from S$1.52 billion in the same period last year on the back of higher interest rates and growth in non-trade loans. https://www.businesstimes.com.sg/companies-markets/dbs-named-worlds-best-bank-by-euromoney-magazine ![]()   |
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Starship
Supreme |
11-Jul-2019 12:47
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Bcos there are chronic shorties in this DBS thread who just want it' s share price to go only one direction ---- Down.......... ![]()  
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trademaster
Supreme |
11-Jul-2019 10:58
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And people can see repeated behaviour of that someone who fear monger whenever price drop to near 2500 or even near 2400. Lol. 
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trademaster
Supreme |
11-Jul-2019 10:56
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The obvious difference is fear mongering at bottom prices causing people to dump at low price or miss the low price bottom scoop, and raising facts when prices have gapped up and run up.  | ||||
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trademaster
Supreme |
11-Jul-2019 10:43
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Trade war issues will hit the banks again, together with rate cuts is double whammy. Twice within 2 mths I sold DBS and Uob around current levels. Buy on dips is the safest bet. Now there is no more catalysts for banks play except dividend play, which BBs may push down cheaper before pumping up.
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hawkeye2010
Member |
11-Jul-2019 10:35
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When the Federal Reserve cuts inerest rates, banks generally fall as did Bank of America last night. But what has happened to the 3 banks this morning is just the reverse. Analysts have commented on UOB and OCBC being much less exposed to the US-China trade wars than DBS. So it may be more prudent to switch to the " safer" banks. DYODD.
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trademaster
Supreme |
11-Jul-2019 10:28
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I am out of banks, definitely not chasing on a gap up. Rather miss the boat, for the lower probability of upside. Key is buy when drop and people fear mongering. 
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FATABA
Supreme |
11-Jul-2019 10:21
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sorry I mean all 3 banks
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FATABA
Supreme |
11-Jul-2019 10:19
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All 2 banks shot up ( when interest rate is to be cut ? ) ....see the power of all those " news" . The scare n articles are helping this BB to push our banks down down for them to collect over the past weeks. Result season coming up w DIVIDEND early Aug, Once again the BB collected n pushing it higher ...in the coming days n weeks ...for retail to follow .... the cycle repeat itself . Dyodd Happy investing.
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trademaster
Supreme |
11-Jul-2019 10:14
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Then wait for bottom scoop again, DBS around 2450-2500, UOB around 2550-2600.
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kandinsky
Master |
11-Jul-2019 09:40
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I am not a shortist unfortunately.
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