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Genting SP Next Move
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FATABA
Supreme |
26-Mar-2024 11:46
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yes saw it .  Looking at DBS rise ....I think it can stay above $36 before XB and awaiting patiently for Q1 result too . Dyodd
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Echoes
Senior |
26-Mar-2024 11:41
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https://www.dbs.com/iwov-resources/images/investors/other-materials/2024/DBS%20Responses%20to%20Questions%20from%20Shareholders.pdf In the DBS shareholders Q& A which was released on 22 Mar 24 , the surplus capital of DBS is actually 6b , or $2 per share . DBS will be utilising 3b to increase dividen payouts over the next 5 years .  I posted in the DBS chat last night . 
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FATABA
Supreme |
26-Mar-2024 11:30
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Wow away for a week and I am please to see  DBS coming to $36   UOB crossed $29 and OCBC is at 13.70  Still weeks to XD for OCBC and OUB    Dbs is on 5th Apr but I dont think most loyal SH will sell as the XB is 22nd April and then the Q1 result up by early May .  Let see new high for our banks  Happy investing.  |
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Echoes
Senior |
20-Mar-2024 15:31
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https://sginvestors.io/analysts/research/2024/03/singapore-banks-cgs-international-research-2024-03-14 DBS excess capital at $1.60 per share  around 4b. OCBC excess capital at $1.30 per share . Thats almost 6b (!) . DBS has been utilising this excess to dish out special dividens in the last few years .  Time for OCBC to do the same ?  Those attending OCBC AGM next months please forward the question to aunty Helen . 
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RL16EGG
Veteran |
14-Mar-2024 12:23
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You are right, I missed this. When a dividend is paid, stock price typically adjusts downward to the amount of the dividend to account for value of shareholders. Thanks for the pointer.
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Echoes
Senior |
14-Mar-2024 11:43
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OCBC started the year at $13 , had a small run up to 1345 before dropping back again to 13 after the results . They are going to dish out 42 cts div in May ( confirmed ) and possibly another 42 cts in Aug ( my prediction ) . If there is totally no run ups, the theorectical XD price in Aug is $12.16 .  Highly improbable . So, it has to run up at some point .   
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RL16EGG
Veteran |
14-Mar-2024 11:30
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I hope no run-up because i need to add more ocbc lol. I hesitated around 13$ and now cheong. Sianz.  
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FATABA
Supreme |
14-Mar-2024 11:23
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Yes which is why I think the Q1 result and coming 1H result will boost the XB price again .  Hope I am right . lol  Dyodd
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Echoes
Senior |
14-Mar-2024 11:09
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Yes DBS and OCBC in the range of 52 wk high and UOB $1 off its 52 wk high .  Traditionally this time of the year will do a run up until the XDs in May and Aug ,  with the low months in Sept and Oct . Enjoy while it lasts .
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Echoes
Senior |
14-Mar-2024 11:05
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Yes . DBS one year collect 4 times .  April , May , Aug , Nov . 
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Goldfinger
Supreme |
14-Mar-2024 10:54
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DBS will usually also pay its Q1 dividend in May right? So we have a string of positives for DBS, ie the April dividend, the April bonus issue and the May dividend.  And then the new bonus shares will be entitled to the May dividend as well, which is a bonus on a bonus. :)
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FATABA
Supreme |
14-Mar-2024 10:42
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Wow came earlier than I expected .....STI to climb back above 3200 or evven 3300 need the banks and today all 3 power up . This certainly is encourage by several factors ,  Strong Q1 visitor rate n better growth 2.9% ?  and no cut in interest rate for banks as least in 1H 2024 ?  So DBS $35 is not a dream , UOB back above $29 is more or less certain and I think OCBC  might see 13.50 LOL  With weeks more to their XD , there is sufficient reason for STI to rise more ( barring any major events )  DYODD  Happy investing . Vested
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FATABA
Supreme |
13-Mar-2024 15:54
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STI is at 3165 area now ......still a good way to go should the econ recover more 2nd Half.  The 3 banks were lead . DYODD |
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Echoes
Senior |
13-Mar-2024 15:10
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Plus all 3 still relatively cheap with div yields over 6% , PE between 8 and 9 , and P/BV 1.1 except for DBS 1.5 . STI at 3200 is still way off its 3800 highs pre Lehman 2008 and I dont think BBs will sell down much further .  Been 16 yrs since STI all time high . Nikkei took 30 years to reach back its ATH and I wonder if STI will be the same.................  
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Alignment
Elite |
13-Mar-2024 14:54
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Singapore banking space a sweet spot with many tailwinds. Resilent economy, high interest margins, potential for corporate activity. Expect the good news flow to keep coming in and driving the positive momentum in the space. | ||||
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FATABA
Supreme |
13-Mar-2024 13:37
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Today STI is power up to 3160 mainly w the movement of the 3 banks / allow me to share some views on them... DBS is the star at $34 now and w XD up on 5th and XB on the 22nd Apri. Is there any coincident that the Q1 2024 is about to be release and so Q1 dividend ?  Well can be assure of 54c minimum . DBS really just need another $10B profit in 2024 to justify its current growth ....but w India and recent aquisition its result can be on the surprise side .....let see coming 2024 dividend payout .  OCBC , i think 2024 onwards wld be better w CEO plan for another $3B of potential from South China/HK ....strongly possible  Also the gem in OCBC wld be GE ....recent noise certainly wake UP the mgt in some way ....IF and when OCBC add another member to the board   we could see this GE mgt waking up or even changing . Many of us wld recall the last attempt to take it private but failed UOB , with the aquisation of Visa S asia , and the integration , UOB could be a potential justification to be back above $30. Whatever the passing of Senior Wee do open up more aggresive possible moves . ( awaiting patiently )  Happy investing  |
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FATABA
Supreme |
13-Mar-2024 10:01
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Spore Q1 growth is good .....swift effect or whatever.  All 3 banks are powering up .  But NOTE DBS xd is 5th April ...which cld be a non event as everyone is waiting for the XB 22nd April  SO this runup now cld be ONLY a start to justify the value of DBS ....see how much those Big house earn w all those negative news and pushing it down  to accumulate . ( now they are laughing )  Similarly OCBC and UOB are also rising .  DYODD Happy investing. 
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CheeryVGoh
Supreme |
07-Mar-2024 15:15
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Huat Ah ! | ||||
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FATABA
Supreme |
07-Mar-2024 08:49
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Cant agree w this report more . $10B profit is not peanuts .DBS capital is still solid . NOT forgeting that things might turn even better from here. DYODD
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pikachu
Master |
07-Mar-2024 06:33
Yells: "Holy Cow!" |
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DBS is best! | ||||
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