Back

Latest Forum Topics / DBS    Last:63.78    -0.36

Post Reply

DBS Post Reply Rate topic
KiLrOy Elite	16-Feb-2017 20:54        KiLrOy About Contact  Quote this Post! Style: Combined   Mood: Yells: "I buy only what I can see."
x 0   x 0  Alert Admin	DBS CEO signals bank may be past worst of energy-loan issues [SINGAPORE] DBS Group Holdings Ltd chief executive officer  signalled that the bank may be past the worst of its problems from loans to troubled oil and gas-services companies. http://www.businesstimes.com.sg/companies-markets/dbs-ceo-signals-bank-may-be-past-worst-of-energy-loan-issues
Useful To Me  Not Useful To Me
Immortal Master	16-Feb-2017 20:11        Immortal About Contact  Quote this Post!
x 0   x 0  Alert Admin	still ok, can go on
Useful To Me  Not Useful To Me
jeremyow Master	16-Feb-2017 19:08        jeremyow About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Passionate business investor"
x 0   x 0  Alert Admin	That is what I like about investing in that only when during challenging or negative environments and periods will there be investing opportunities to buy shares of fundamentally good companies at undervalued prices. Else, during good times, one rarely have the opportunity to buy shares of fundamentally good companies at undervalued prices. The current exposure of part of DBS's loans to the O&G sector does drag down it's share price. But, it is certainly not a gloom and doom situation as the impact of any impairment is not significant compared to its earnings which run into the billions. Maybe it will set them back by a few years, but on the long term their businesses will still continue to grow and the O&G problem for them will soon become history. However, it is during such negative periods of pessimism that provides opportunities for astute investors to buy their shares cheap. TMW1986      ( Date: 16-Feb-2017 17:33) Posted: If you look at pass financial report, DBS always has allowance of around 600-700 million. But currently DBS is affected by the Swiber of more than 700 million and Ezra of about 600 million. Maybe DBS should step out and advise what is their actual exposure to Ezra and whether they already taken into consideration in 2016 financial accounting. If not, FY17 net profit will be affected by 6-12% as per some reports by analyst. Currently I think is because of US stocks Super bullish so bring up all the Asian stocks (some stocks may not be good but share price still shoot up). So let's see how Long can the bullish market sustain. But one thing for sure, what goes up will come down and what goes down will come up. Till the stock find a fair value. I believe most of the people who invest in banks or telecomunnications are for dividends and share appreciation. Need to have catalyst to sustain all these. O&G is still bad. If you are aware that US stock inventory has risen to another record high, OPEC cutting production but US shakes production increase which defeat the purposes. Same as shipping industry, it might take years to correct and remove oversupply. jeremyow      ( Date: 16-Feb-2017 14:23) Posted: Dividend yield may not be an accurate way to determine whether DBS share price is undervalued or overvalued as dividend yield has fluctuated within a tight range of 1.82% to 4.75% over the past 9 years from 2007 to 2016. The highest dividend yield were attained during 2008 and 2011. For most of the past 9 years, the dividend yield were ranging between 3 to 3.5%. So a 3.2% dividend yield is already decent as compared to the historical dividend yields for most of the past 9 years. If we examine the P/E ratios and P/B ratios over the past 9 years, certainly DBS share price is also not grossly overvalued currently as compared to historical P/E and P/B ratios over one cycle of bull and bear over the past 9 years. The current P/E ratio is around 10.72 and P/B ratio is around 1.05. So, it is currently still near to the lowest historical P/E and P/B ratios. The share price definitely has room to climb further in future assuming DBS as what its CEO has said can return double digits growth this year 2017. Even with high single digit growth is already good enough given that its share price is currently not grossly overvalued so any growth in its business will mean higher intrinsic value per share and sooner or later translate to growth in its share price as the market recognise it.                     2007     2008     2009     2010     2011     2012     2013     2014     2015     2016     Current P/E ratio     14.38     6.90     17.70     21.06   8.93     9.51     10.69   12.05     9.59     10.20     10.72   P/B ratio       1.53     0.67     1.45     1.30     1.00     1.15     1.29     1.39     1.06     1.00       1.05
Useful To Me  Not Useful To Me
Wind22i Supreme	16-Feb-2017 19:05        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	The share price goes up ..that says it all! Go..go..go! Wind22i      ( Date: 16-Feb-2017 17:55) Posted: The share price goes up ..that days it all! Go..go..go!
Useful To Me  Not Useful To Me
Wind22i Supreme	16-Feb-2017 17:55        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	The share price goes up ..that days it all! Go..go..go!
Useful To Me  Not Useful To Me
TMW1986 Master	16-Feb-2017 17:33        TMW1986 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If you look at pass financial report, DBS always has allowance of around 600-700 million. But currently DBS is affected by the Swiber of more than 700 million and Ezra of about 600 million. Maybe DBS should step out and advise what is their actual exposure to Ezra and whether they already taken into consideration in 2016 financial accounting. If not, FY17 net profit will be affected by 6-12% as per some reports by analyst. Currently I think is because of US stocks Super bullish so bring up all the Asian stocks (some stocks may not be good but share price still shoot up). So let's see how Long can the bullish market sustain. But one thing for sure, what goes up will come down and what goes down will come up. Till the stock find a fair value. I believe most of the people who invest in banks or telecomunnications are for dividends and share appreciation. Need to have catalyst to sustain all these. O&G is still bad. If you are aware that US stock inventory has risen to another record high, OPEC cutting production but US shakes production increase which defeat the purposes. Same as shipping industry, it might take years to correct and remove oversupply. jeremyow      ( Date: 16-Feb-2017 14:23) Posted: Dividend yield may not be an accurate way to determine whether DBS share price is undervalued or overvalued as dividend yield has fluctuated within a tight range of 1.82% to 4.75% over the past 9 years from 2007 to 2016. The highest dividend yield were attained during 2008 and 2011. For most of the past 9 years, the dividend yield were ranging between 3 to 3.5%. So a 3.2% dividend yield is already decent as compared to the historical dividend yields for most of the past 9 years. If we examine the P/E ratios and P/B ratios over the past 9 years, certainly DBS share price is also not grossly overvalued currently as compared to historical P/E and P/B ratios over one cycle of bull and bear over the past 9 years. The current P/E ratio is around 10.72 and P/B ratio is around 1.05. So, it is currently still near to the lowest historical P/E and P/B ratios. The share price definitely has room to climb further in future assuming DBS as what its CEO has said can return double digits growth this year 2017. Even with high single digit growth is already good enough given that its share price is currently not grossly overvalued so any growth in its business will mean higher intrinsic value per share and sooner or later translate to growth in its share price as the market recognise it.                     2007     2008     2009     2010     2011     2012     2013     2014     2015     2016     Current P/E ratio     14.38     6.90     17.70     21.06   8.93     9.51     10.69   12.05     9.59     10.20     10.72   P/B ratio       1.53     0.67     1.45     1.30     1.00     1.15     1.29     1.39     1.06     1.00       1.05 TMW1986      ( Date: 16-Feb-2017 13:26) Posted: At the price of $18.30, the dividend yield is only 3.2%. Past few years DBS has been giving same dividends of 60 cents I thi k but price at that time is around $15-$16 so the yield is 4% which is decent. But now at $18 it seems abit high and O&G industry still haven't recover fully. Ezra case might only be one of the few cases
Useful To Me  Not Useful To Me
junction Master	16-Feb-2017 16:42        junction About Contact  Quote this Post!
x 0   x 0  Alert Admin	Both of you have valid points.   For dividend OCBC is better but for growth DBS is better. TMW1986      ( Date: 16-Feb-2017 13:26) Posted: At the price of $18.30, the dividend yield is only 3.2%. Past few years DBS has been giving same dividends of 60 cents I thi k but price at that time is around $15-$16 so the yield is 4% which is decent. But now at $18 it seems abit high and O&G industry still haven't recover fully. Ezra case might only be one of the few cases. jeremyow      ( Date: 16-Feb-2017 10:46) Posted: The results for DBS Holdings is considered good for full year ended 2016. Without the increase in allowances for doubtful loans and debts which majority of these increases in allowances came from the stresssed O& G sector, the net profit for the year 2016 should have been higher than 2015 by 10%. As it is, the decrease in net profit in 2016 as compared to 2015 is minimal at 2%. We need to continue to monitor their progress in terms of any more requirements for increases in allowances for doubtful loans from the stressed O& G sector.  However, based on their full year 2016 results, I think the increases in allowances is not significant at all as the net profit only fell by 2%. If we look at another big bank OCBC, its full year 2016 net profit came down by 11% over previous year 2015. Same year 2016 with same economic conditions and also subjected to increases in allowances for doubtful debts and loans from the O& G sector, yet very different performance for the two banks. DBS' s net profit only fell by 2% whereas OCBC' s net profit fell by 11% y-o-y.  In fact, the increases in allowances for credit and other losses for DBS was 93% y-o-y while for OCBC, the increases in allowances for loans and impairement of other assets was around 49% y-o-y. DBS took a greater % increase in their allowances than OCBC yet is able to turn in a better performance in their net profit which only decreased by 2% whereas OCBC' s net profit decreased by 11%. Thus, this shows that there maybe better quality earnings and resilience in earnings for DBS than OCBC. However, this is only a very simple and superficial assessment here and readers are advised to DYODD to examine greater depth and details on these two banks.
Useful To Me  Not Useful To Me
seanpent Supreme	16-Feb-2017 16:41        seanpent About Contact  Quote this Post!
x 0   x 0  Alert Admin	leongyan      ( Date: 16-Feb-2017 16:40) Posted: down the last 2 days we all panic. Just buy when low and hold .. it will pay off. seanpent      ( Date: 16-Feb-2017 16:34) Posted: the interesting part about being oversold on banks :)
Useful To Me  Not Useful To Me
leongyan Master	16-Feb-2017 16:40        leongyan About Contact  Quote this Post!
x 0   x 0  Alert Admin	down the last 2 days we all panic. Just buy when low and hold .. it will pay off. seanpent      ( Date: 16-Feb-2017 16:34) Posted: the interesting part about being oversold on banks :) seanpent      ( Date: 16-Feb-2017 16:29) Posted: Lets see if OCBC catches up as sson as tomorrow .....
Useful To Me  Not Useful To Me
seanpent Supreme	16-Feb-2017 16:34        seanpent About Contact  Quote this Post!
x 0   x 0  Alert Admin	the interesting part about being oversold on banks :) seanpent      ( Date: 16-Feb-2017 16:29) Posted: Lets see if OCBC catches up as sson as tomorrow ..... FATABA      ( Date: 16-Feb-2017 16:26) Posted: Good points.  DBS or OCBC is good catch once below 1.1 P/BV.  This is a growth stock which is great over long term
Useful To Me  Not Useful To Me
seanpent Supreme	16-Feb-2017 16:29        seanpent About Contact  Quote this Post!
x 0   x 0  Alert Admin	Lets see if OCBC catches up as sson as tomorrow ..... FATABA      ( Date: 16-Feb-2017 16:26) Posted: Good points.  DBS or OCBC is good catch once below 1.1 P/BV.  This is a growth stock which is great over long term jeremyow      ( Date: 16-Feb-2017 14:23) Posted: Dividend yield may not be an accurate way to determine whether DBS share price is undervalued or overvalued as dividend yield has fluctuated within a tight range of 1.82% to 4.75% over the past 9 years from 2007 to 2016. The highest dividend yield were attained during 2008 and 2011. For most of the past 9 years, the dividend yield were ranging between 3 to 3.5%. So a 3.2% dividend yield is already decent as compared to the historical dividend yields for most of the past 9 years. If we examine the P/E ratios and P/B ratios over the past 9 years, certainly DBS share price is also not grossly overvalued currently as compared to historical P/E and P/B ratios over one cycle of bull and bear over the past 9 years. The current P/E ratio is around 10.72 and P/B ratio is around 1.05. So, it is currently still near to the lowest historical P/E and P/B ratios. The share price definitely has room to climb further in future assuming DBS as what its CEO has said can return double digits growth this year 2017. Even with high single digit growth is already good enough given that its share price is currently not grossly overvalued so any growth in its business will mean higher intrinsic value per share and sooner or later translate to growth in its share price as the market recognise it.                     2007     2008     2009     2010     2011     2012     2013     2014     2015     2016     Current P/E ratio     14.38     6.90     17.70     21.06   8.93     9.51     10.69   12.05     9.59     10.20     10.72   P/B ratio       1.53     0.67     1.45     1.30     1.00     1.15     1.29     1.39     1.06     1.00       1.05
Useful To Me  Not Useful To Me
FATABA Supreme	16-Feb-2017 16:26        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Good points.  DBS or OCBC is good catch once below 1.1 P/BV.  This is a growth stock which is great over long term jeremyow      ( Date: 16-Feb-2017 14:23) Posted: Dividend yield may not be an accurate way to determine whether DBS share price is undervalued or overvalued as dividend yield has fluctuated within a tight range of 1.82% to 4.75% over the past 9 years from 2007 to 2016. The highest dividend yield were attained during 2008 and 2011. For most of the past 9 years, the dividend yield were ranging between 3 to 3.5%. So a 3.2% dividend yield is already decent as compared to the historical dividend yields for most of the past 9 years. If we examine the P/E ratios and P/B ratios over the past 9 years, certainly DBS share price is also not grossly overvalued currently as compared to historical P/E and P/B ratios over one cycle of bull and bear over the past 9 years. The current P/E ratio is around 10.72 and P/B ratio is around 1.05. So, it is currently still near to the lowest historical P/E and P/B ratios. The share price definitely has room to climb further in future assuming DBS as what its CEO has said can return double digits growth this year 2017. Even with high single digit growth is already good enough given that its share price is currently not grossly overvalued so any growth in its business will mean higher intrinsic value per share and sooner or later translate to growth in its share price as the market recognise it.                     2007     2008     2009     2010     2011     2012     2013     2014     2015     2016     Current P/E ratio     14.38     6.90     17.70     21.06   8.93     9.51     10.69   12.05     9.59     10.20     10.72   P/B ratio       1.53     0.67     1.45     1.30     1.00     1.15     1.29     1.39     1.06     1.00       1.05 TMW1986      ( Date: 16-Feb-2017 13:26) Posted: At the price of $18.30, the dividend yield is only 3.2%. Past few years DBS has been giving same dividends of 60 cents I thi k but price at that time is around $15-$16 so the yield is 4% which is decent. But now at $18 it seems abit high and O&G industry still haven't recover fully. Ezra case might only be one of the few cases
Useful To Me  Not Useful To Me
leongyan Master	16-Feb-2017 16:20        leongyan About Contact  Quote this Post!
x 0   x 0  Alert Admin	better cover fast. your gains are diminshing alan5793      ( Date: 16-Feb-2017 13:16) Posted: Not yet. Hope come down further. Thks leongyan      ( Date: 16-Feb-2017 10:21) Posted: cover your shorts already?
Useful To Me  Not Useful To Me
jeremyow Master	16-Feb-2017 14:23        jeremyow About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Passionate business investor"
x 0   x 0  Alert Admin	Dividend yield may not be an accurate way to determine whether DBS share price is undervalued or overvalued as dividend yield has fluctuated within a tight range of 1.82% to 4.75% over the past 9 years from 2007 to 2016. The highest dividend yield were attained during 2008 and 2011. For most of the past 9 years, the dividend yield were ranging between 3 to 3.5%. So a 3.2% dividend yield is already decent as compared to the historical dividend yields for most of the past 9 years. If we examine the P/E ratios and P/B ratios over the past 9 years, certainly DBS share price is also not grossly overvalued currently as compared to historical P/E and P/B ratios over one cycle of bull and bear over the past 9 years. The current P/E ratio is around 10.72 and P/B ratio is around 1.05. So, it is currently still near to the lowest historical P/E and P/B ratios. The share price definitely has room to climb further in future assuming DBS as what its CEO has said can return double digits growth this year 2017. Even with high single digit growth is already good enough given that its share price is currently not grossly overvalued so any growth in its business will mean higher intrinsic value per share and sooner or later translate to growth in its share price as the market recognise it.                     2007     2008     2009     2010     2011     2012     2013     2014     2015     2016     Current P/E ratio     14.38     6.90     17.70     21.06   8.93     9.51     10.69   12.05     9.59     10.20     10.72   P/B ratio       1.53     0.67     1.45     1.30     1.00     1.15     1.29     1.39     1.06     1.00       1.05 TMW1986      ( Date: 16-Feb-2017 13:26) Posted: At the price of $18.30, the dividend yield is only 3.2%. Past few years DBS has been giving same dividends of 60 cents I thi k but price at that time is around $15-$16 so the yield is 4% which is decent. But now at $18 it seems abit high and O&G industry still haven't recover fully. Ezra case might only be one of the few cases. jeremyow      ( Date: 16-Feb-2017 10:46) Posted: The results for DBS Holdings is considered good for full year ended 2016. Without the increase in allowances for doubtful loans and debts which majority of these increases in allowances came from the stresssed O& G sector, the net profit for the year 2016 should have been higher than 2015 by 10%. As it is, the decrease in net profit in 2016 as compared to 2015 is minimal at 2%. We need to continue to monitor their progress in terms of any more requirements for increases in allowances for doubtful loans from the stressed O& G sector.  However, based on their full year 2016 results, I think the increases in allowances is not significant at all as the net profit only fell by 2%. If we look at another big bank OCBC, its full year 2016 net profit came down by 11% over previous year 2015. Same year 2016 with same economic conditions and also subjected to increases in allowances for doubtful debts and loans from the O& G sector, yet very different performance for the two banks. DBS' s net profit only fell by 2% whereas OCBC' s net profit fell by 11% y-o-y.  In fact, the increases in allowances for credit and other losses for DBS was 93% y-o-y while for OCBC, the increases in allowances for loans and impairement of other assets was around 49% y-o-y. DBS took a greater % increase in their allowances than OCBC yet is able to turn in a better performance in their net profit which only decreased by 2% whereas OCBC' s net profit decreased by 11%. Thus, this shows that there maybe better quality earnings and resilience in earnings for DBS than OCBC. However, this is only a very simple and superficial assessment here and readers are advised to DYODD to examine greater depth and details on these two banks.
Useful To Me  Not Useful To Me
FATABA Supreme	16-Feb-2017 13:34        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	SINGAPORE - DBS can achieve a " double digit" net profit growth in 2017, according to chief executive Piyush Gupta, who expects the bank to see less financial impact this year from the still struggling oil and gas services sector. DBS will fork out " substantially less" for allowances this year, he told a results briefing on Thursday (Feb 16), after setting aside S$1.49 billion in 2016 to cover for bad loans. ​ He has said this ....what do you think if he is not confident about . Anyway current provision is large. DYODD
Useful To Me  Not Useful To Me
TMW1986 Master	16-Feb-2017 13:26        TMW1986 About Contact  Quote this Post!
x 0   x 0  Alert Admin	At the price of $18.30, the dividend yield is only 3.2%. Past few years DBS has been giving same dividends of 60 cents I thi k but price at that time is around $15-$16 so the yield is 4% which is decent. But now at $18 it seems abit high and O&G industry still haven't recover fully. Ezra case might only be one of the few cases. jeremyow      ( Date: 16-Feb-2017 10:46) Posted: The results for DBS Holdings is considered good for full year ended 2016. Without the increase in allowances for doubtful loans and debts which majority of these increases in allowances came from the stresssed O& G sector, the net profit for the year 2016 should have been higher than 2015 by 10%. As it is, the decrease in net profit in 2016 as compared to 2015 is minimal at 2%. We need to continue to monitor their progress in terms of any more requirements for increases in allowances for doubtful loans from the stressed O& G sector.  However, based on their full year 2016 results, I think the increases in allowances is not significant at all as the net profit only fell by 2%. If we look at another big bank OCBC, its full year 2016 net profit came down by 11% over previous year 2015. Same year 2016 with same economic conditions and also subjected to increases in allowances for doubtful debts and loans from the O& G sector, yet very different performance for the two banks. DBS' s net profit only fell by 2% whereas OCBC' s net profit fell by 11% y-o-y.  In fact, the increases in allowances for credit and other losses for DBS was 93% y-o-y while for OCBC, the increases in allowances for loans and impairement of other assets was around 49% y-o-y. DBS took a greater % increase in their allowances than OCBC yet is able to turn in a better performance in their net profit which only decreased by 2% whereas OCBC' s net profit decreased by 11%. Thus, this shows that there maybe better quality earnings and resilience in earnings for DBS than OCBC. However, this is only a very simple and superficial assessment here and readers are advised to DYODD to examine greater depth and details on these two banks.
Useful To Me  Not Useful To Me
alan5793 Veteran	16-Feb-2017 13:16        alan5793 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not yet. Hope come down further. Thks leongyan      ( Date: 16-Feb-2017 10:21) Posted: cover your shorts already? alan5793      ( Date: 15-Feb-2017 14:13) Posted: Shorted 25 lots at 18.75 yesterday, must buy back to cover. Lots of my friends done the same things... Should b able to buy back cheap cheap tml lol. Huat Ah
Useful To Me  Not Useful To Me
jeremyow Master	16-Feb-2017 10:46        jeremyow About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Passionate business investor"
x 0   x 0  Alert Admin	The results for DBS Holdings is considered good for full year ended 2016. Without the increase in allowances for doubtful loans and debts which majority of these increases in allowances came from the stresssed O& G sector, the net profit for the year 2016 should have been higher than 2015 by 10%. As it is, the decrease in net profit in 2016 as compared to 2015 is minimal at 2%. We need to continue to monitor their progress in terms of any more requirements for increases in allowances for doubtful loans from the stressed O& G sector.  However, based on their full year 2016 results, I think the increases in allowances is not significant at all as the net profit only fell by 2%. If we look at another big bank OCBC, its full year 2016 net profit came down by 11% over previous year 2015. Same year 2016 with same economic conditions and also subjected to increases in allowances for doubtful debts and loans from the O& G sector, yet very different performance for the two banks. DBS' s net profit only fell by 2% whereas OCBC' s net profit fell by 11% y-o-y.  In fact, the increases in allowances for credit and other losses for DBS was 93% y-o-y while for OCBC, the increases in allowances for loans and impairement of other assets was around 49% y-o-y. DBS took a greater % increase in their allowances than OCBC yet is able to turn in a better performance in their net profit which only decreased by 2% whereas OCBC' s net profit decreased by 11%. Thus, this shows that there maybe better quality earnings and resilience in earnings for DBS than OCBC. However, this is only a very simple and superficial assessment here and readers are advised to DYODD to examine greater depth and details on these two banks.
Useful To Me  Not Useful To Me
FATABA Supreme	16-Feb-2017 10:32        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	As expect, mkt buy into our banks. Strong balance sheet and continue growth in tough econ condition are very good indication of our banks. ​ Large provision by both OCBC and DBS tells a lot abt the conservative style.  Honestly name another bank in Asia that is performing as well. If not managed as well. DYODD   FATABA      ( Date: 16-Feb-2017 09:00) Posted: I think market will buy in ...esp w a 30c dividend as of now. Retail loves our banks. ​ Should see up wards movement esp with the Strong US market. ​ Happy investing. TMW1986      ( Date: 16-Feb-2017 08:42) Posted: Let's see how the market react. May retreat to around $18-$18.10 range
Useful To Me  Not Useful To Me
leongyan Master	16-Feb-2017 10:21        leongyan About Contact  Quote this Post!
x 0   x 0  Alert Admin	cover your shorts already? alan5793      ( Date: 15-Feb-2017 14:13) Posted: Shorted 25 lots at 18.75 yesterday, must buy back to cover. Lots of my friends done the same things... Should b able to buy back cheap cheap tml lol. Huat Ah pinkowl      ( Date: 15-Feb-2017 13:20) Posted: If bad, you still want to buy ah? Aiyoh.
Useful To Me  Not Useful To Me

                                                         First   < Newer   14261-14280 of 18137   Older>   Last