Latest Forum Topics /
DBS
Last:62.76
-1.02
|
|
|
Medtecs
|
||||||||||||||||||||||||||||||||||||||||
|
moonsun
Veteran |
25-Mar-2024 20:27
|
|||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
NOTICE IS HEREBY GIVEN that the 25th Annual General Meeting ("AGM") of the shareholders of DBS Group Holdings Ltd (the "Company" or "DBSH") will be held at Marina Bay Sands Expo and Convention Centre, Level 4, Roselle and Simpor Ballrooms, 10 Bayfront Avenue, Singapore 018956 on Thursday, 28 March 2024 at 2.00 p.m. to transact the following business:..
Anyone going ? Last day trading month march |
|||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||
|
simpleguy123
Elite |
25-Mar-2024 19:50
|
|||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
28th March is also DBS AGM Voting Results | |||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||
|
huattuatua
Elite |
25-Mar-2024 14:45
|
|||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
this thursday (28/3/24), matching close might have some qtr portforlio balancing by the BBs. so expect an extremely volatile session on that day predict the correct movements on that day will save you tons of dough. |
|||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||
|
simpleguy123
Elite |
25-Mar-2024 09:04
|
|||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Well said. Yes the share count is increased. Hence you will see downward share price movement post XB. But share holder equity is maintained or granted via the forward dividend of 2.16/share being allocated to the newer shares too!
|
|||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||
|
Alignment
Elite |
23-Mar-2024 14:29
|
|||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Congrats. Yes, if you pick well the long term compounders, then no need to look at the price. Better for both your stress levels and your bank balance. | |||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||
|
hokpin
Supreme |
22-Mar-2024 22:38
|
|||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Wow! Unbelievable one can hold so long!
|
|||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||
|
Winnertakeall
Elite |
22-Mar-2024 20:54
|
|||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Singapore Company Poised to Report Higher Earnings: Can Their Share Prices Rise FurtherDBS Group (SGX: D05)DBS needs no introduction as it is Singapore& rsquo s largest bank by market capitalisation. The lender reported a    strong set of earnings  for 2023 as high interest rates boosted its net interest income. Total income jumped 22% year on year to S$20.2 billion while operating profit climbed 29% year on year to S$12.1 billion. The bank reported a record net profit of S$10 billion for 2023, up 23% year on year. A quarterly    dividend  of S$0.54 was declared, up 26% from the S$0.42 paid out a year ago. DBS also declared a 1-for-10 bonus issue with the bonus shares also qualifying for the same amount of dividend per share. For 2024, CEO Piyush Gupta has maintained guidance for net interest income to be around 2023 levels. The US Federal Reserve also held rates steady and is signalling three rate cuts for the remainder of this year once it has greater confidence that    inflation  is heading down to 2%. He also expects DBS& rsquo s fee income growth to be in the double-digit range. Should these come to pass, it will imply that DBS can continue to grow its net profit for 2024.   |
|||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||
|
LauAhPek
Member |
22-Mar-2024 19:46
|
|||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Hardly follow prices, I' ve got $8+ dbs still seating around. Happy that this counter goes this far! 
|
|||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||
|
Sin_Cos_Tan
Veteran |
22-Mar-2024 16:32
|
|||||||||||||||||||||||||||||||||||||||
|
x 0
x 1 Alert Admin |
Yes, Bonus issue increases the total number of shares but does not affect the shareholders equity of the company.  Advantages of Bonus Shares Issue: -Increases capital without diluting current shareholders' holdings -Shareholders have an option to convert the shares into cash.   |
|||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||
|
pkli899
Supreme |
22-Mar-2024 15:36
|
|||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Thanks BinderyT for the clarification. Indeed, the bonus shares are backed by real fund. However, I think there will still be some downwards adjustment to price. For many years, we have seen share price dropping after XD. Many times the drop were more than the payout. |
|||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||
|
BinderyT
Elite |
22-Mar-2024 14:51
|
|||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
There seems to be some confusion on the bonus share.   Note that this is NOT a stock split (e.g. Goggle 20-for-1).   In a stock split, only the number of shares are increased with no change in shareholder equity.   Therefore, the value per share is adjusted accordingly.   For bonus share, these shares are funded by the company (e.g. using retained earnings).   The bonus share is thus backed by equity dollar and the total shareholder equity increased.   Therefore, the value per share is retained.   Of course, market might still react and we might still see a drawdown in market value per share. |
|||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||
|
hokpin
Supreme |
22-Mar-2024 14:12
|
|||||||||||||||||||||||||||||||||||||||
|
x 1
x 0 Alert Admin |
Sure. Thank you big bro' s advice.
|
|||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||
|
pkli899
Supreme |
22-Mar-2024 13:16
|
|||||||||||||||||||||||||||||||||||||||
|
x 1
x 0 Alert Admin |
Right thing to do, young man hokpin. Start early to build up retirement passive income. |
|||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||
|
hokpin
Supreme |
22-Mar-2024 11:19
|
|||||||||||||||||||||||||||||||||||||||
|
x 1
x 0 Alert Admin |
Haha. I' m still vested. Diamond hand hold tight tight!
|
|||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||
|
simpleguy123
Elite |
22-Mar-2024 10:35
|
|||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Thank you big bro Pkli899 for your kind words. You are wiser than me, and already (based on your experience and the banks track record) know this bank rarely lets its investors down.
|
|||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||
|
pkli899
Supreme |
22-Mar-2024 09:53
|
|||||||||||||||||||||||||||||||||||||||
|
x 1
x 0 Alert Admin |
simpleguy123, I like what u written. Me camp 1 since long ago. I attend AGMs & always try taking seat nearest to the stage. I want to hear firsthand what CEO say. He said 2023 profit will be $10 Bn. It was. He also said will return excess capital to us. Sure enough, bonus shares + dividend up. I believe he do not say something that is not 100%. Now he said DPU will be $2.16 for 2024 full year, I do not think it will fall short. In fact, he said at least $2.16. Means can be more, would not be less. One more thing I remember he said FED cut of interest rate will not happen within 1st half of 2024. It seems he is correct. So early in 2023 he already foresees. I trust him. |
|||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||
|
simpleguy123
Elite |
22-Mar-2024 09:38
|
|||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
IF you did all your research (like Youtuber Josh Tan says he did), and still stay in Camp. No2, then i salute you guys. If share price dips more post xb, i will be on hand to scoop some.
|
|||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||
|
simpleguy123
Elite |
22-Mar-2024 09:31
|
|||||||||||||||||||||||||||||||||||||||
|
x 1
x 0 Alert Admin |
I believe there are people in two camps. Camp No.1 = You believe (or previously doubted, but now believe) in DBS to be able to fulfill this written and verbal commitment (not obligation) to pay out $2.16/share for 2024. Or Camp No.2 = You believe that fall in interest rates will be a wider margin than the increase in loans taken, and believe that there is NO WAY the bank can realized other pathways for generating revenue to make-up for the decrease, or increase its earnings.
If people are in Camp No.2, i really struggle to believe they did ALL their research. Anyways i know where i belong, best not to end up like lynn
|
|||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||
|
Sin_Cos_Tan
Veteran |
22-Mar-2024 09:16
|
|||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
DBS expects that the annualised ordinary dividend will be S$2.16 per share over the enlarged share base, a 24% increase from 2023. DBS chief executive Piyush Gupta expects that there will be more opportunities to return capital to shareholders, given the bank' s ample excess capital. This was even as the bank has proposed to raise dividend payouts and issue bonus shares to increase the pace of capital returns to its shareholders, in its fourth-quarter results released on Wednesday (Feb 7). Gupta said at a media briefing on the results: " We decided to go for a bonus issue just because it gives certainty into the future. It builds it into the base, and gives some confidence that this dividend will be there." Barring unforeseen circumstances, the annualised ordinary dividend going forward will be $2.16 per share over the enlarged share base, which represents a 24 per cent increase from $1.92 per share for financial year 2023.  
|
|||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||
|
hokpin
Supreme |
22-Mar-2024 08:41
|
|||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
And also, speak frankly, how could we be so sure the future dividend are SGD 0.54 x 4 = SGD 2.16 after X-bonus? This is future event, unknown yet, right? | |||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||

