Latest Forum Topics /
DBS
Last:63.78
-0.36
|
|
|
DBS
|
|||||
|
Qanghoo
Supreme |
08-Aug 08:04
|
||||
|
x 0
x 0 Alert Admin |
So, all the doomsday exponents please challenge these figures with solid evidence otherwise, n provide a realistic timeline for the demise of DBS.  Oh, n those taliking abt adequacy of reserves, increase of reserve ratios, etc do take note too ....
|
||||
| Useful To Me Not Useful To Me | |||||
|
Qanghoo
Supreme |
08-Aug-2016 08:00
|
||||
|
x 0
x 0 Alert Admin |
Thx, brother for sharing.    Anyway, interim div 30c no change. 
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
WanSiTong
Supreme |
08-Aug 08:00
|
||||
|
x 0
x 0 Alert Admin |
DBS' s net profit of S $ 1.05 billion * in the three months ended June, this is line with an average forecast of S $ 1.051 billion from six analysts polled by Reuters. The poll was taken before DBS disclosed its S $ 700 million exposure to troubled oilfield services firm Swiber Holdings Ltd. * The results included a net allowance charge of SGD 150 million for DBS ' exposure to the Swiber group after drawing SGD 250 million from general allowance reserves.  
|
||||
| Useful To Me Not Useful To Me | |||||
|
Goldfinger
Supreme |
08-Aug-2016 07:59
|
||||
|
x 0
x 0 Alert Admin |
People who talk down good value stock just to buy Lower or are shortists are hypocrites at best and manipulators at the worst case. They won't get rich over time. I disparage bad management decisions even I hold a position in the stock. Balanced.
|
||||
| Useful To Me Not Useful To Me | |||||
|
sun233
Elite |
08-Aug-2016 11:39
|
||||
|
x 0
x 0 Alert Admin |
Rating agencies are obsolete. They serve themselves. Singapore rules.SJ posters are of two types. One that genuinely post good info and the other that disparage in order to buy low. I blame our education system. From young, kids are taught to compete...... In primary schools then secondary and then JC and even Uni and also well into adulthood. They are not taught to be team players and cannot wish each other well. But when these kids go out to work they continue with this mentality and are socially awarkward. I' ll give an example. My daughter just did an internship at a big foreign conglomerate. The Singaporeans were such an embarrassment. They were required to do a project and this kiasu attitude costed them their jobs. Out of the 20 interns only four were hired even though they had vacancies for 12. Thankfully my daughter wasone of two   locals to be hired. The others were an Australian, Norwegian and an American. These local kids   were backstabbing in order to get ahead. The bosses could see right through their antics.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Qanghoo
Supreme |
08-Feb-2026 22:16
|
||||
|
x 0
x 0 Alert Admin |
Sadly, for this country, there are simply too many rating agencies, analysts, news media,  etc, including probably sporeans posting in the  SJ as we commemorate out 51st birthday, all too willing n eager to trample our SG Inc at the slightest opportunity, or even just rumour.   How far have we succeeded in solidifying our psychological defence, I just wander.  Not just very sad, but extremely concerned too. 
|
||||
| Useful To Me Not Useful To Me | |||||
|
WanSiTong
Supreme |
08-Aug-2016 07:29
|
||||
|
x 0
x 0 Alert Admin |
Highlights Record 1H and 2Q total income underpinned by improved business momentum Net interest income and fee income at half-year highs 1H total income rises 6% to $ 5.78 billion 2Q total income up 8% from broad-based growth 2Q NIM of 1.87% up 12bp on year, stable on quarter. Loans grow 4% on quarter as trade loans reverse decline and non-trade loans grow Expense growth decelerates from disciplined cost management Higher allowances due largely to a single exposure 1H net profit maintained at record $ 2.25bn, ROE at 11.0% Strong balance sheet NPL at 1.1%, allowance coverage at 113% and at 226% with collateral LCR at 116%, NSFR above 100% Fully phased-in CET 1 at 13.4%, leverage ratio at 7.7% Earning per share for 2Q 2016 : $ 1.67 Net Book Value per share as at 30.6.16 : $ 16.48   |
||||
| Useful To Me Not Useful To Me | |||||
|
sun233
Elite |
08-Aug-2016 07:24
|
||||
|
x 0
x 0 Alert Admin |
Thanks for post. Good set of results.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Qanghoo
Supreme |
08-Aug-2016 07:21
|
||||
|
x 0
x 0 Alert Admin |
NIM increased 4 basis pts.  Compared to this, OCBC' s was down 6 basis pts, if I recall correctly.  Think UOB' s was also down.  I had been saying for some time, especially at the pt when SIBOR was squeezed up, DBS NIM wld improve.  Part of my optimism, n my gripe personally, stemmed from my awareness  that they were increasing interest rates, n quite substantially, mind u,  across a spectrum of loan types, including my housing loan (sigh).  So, dear Moody, please go brooding more, OK?
|
||||
| Useful To Me Not Useful To Me | |||||
|
WanSiTong
Supreme |
08-Aug-2016 07:16
|
||||
|
x 0
x 0 Alert Admin |
News Release DBS FIRST-HALF EARNINGS AT SGD 2.25 BILLION * * * Second-quarter earnings at SGD 1.05 billion SINGAPORE, 8 August 2016 - DBS Group achieved net profit of SGD 2.25  billion for first half 2016. Excluding one-time items a year ago, net profit was slightly  higher and a record. Total income increased 6% to a new high of SGD 5.78 billion. This was achieved through diversified growth, with net interest margin at a six-year high and record fee income. The results included a net allowance charge of SGD 150 million for DBS ' exposure to the Swiber group after drawing SGD 250 million from general allowance reserves. Cumulative general allowance reserves continued to be high at SGD 2.95 billion. Second-quarter net profit was SGD 1.05 billion, which was 6% lower compared  to a year ago due to the net allowance charge. Total income rose 8% to a new quarterly high of SGD 2.92 billion as business momentum picked up during the quarter. Loans expanded 4% over the quarter led by corporate loans and market share gains in singapore housing loans. Fee income climbed to a quarterly record. The cost-income ratio improved to 44% as cost growth decelerated. Profit before allowances increased 10% to SGD 1.63 billion. Total allowances for the half year rose 69% to SGD 536 million. The strong profit  before allowances for the quarter and the half year provided a substantial cushion for  absorbing the additional net allowances. While the non-performing loan rate rose to  1.1%, allowance coverage continued to be sound at 113% and at 226% if collateral was considered. Return on equity was 11.0% for the first half. The performance underscored the  earnings resilience of the DBS franchise as it continued to capture opportunities across multiple business lines and generate healthy profit even in challenging operating conditions. Read more ... . . Balance sheet remains healthy Asset quality remained sound. While the non-performing rate rose to 1.1%,  allowance coverage was comfortable at 113% and at 226% if collateral was considered. The average liquidity coverage ratio for the second quarter was 116%,  comfortably above the final regulatory requirement of 100% due in 2019. The net stable funding ratio was also above regulatory requirements due in 2018. Capital was also healthy with the Common Equity Tier-1 ratio at 14.2%. The  leverage ratio was at 7.7%, more than twice the minimum of 3% currently envisaged by the Basel Committee. The Board declared a first-half dividend of 30 cents per share, unchanged from a  year ago. The scrip dividend scheme will be applicable to the dividend. Scrip dividends will be issued at the average of the closing prices on each of 15, 16 and 17 August 2016. DBS CEO Piyush Gupta said, " We achieved two consecutive quarters of record  total income despite a challenging operating environment in the first half. The strong  income growth in the second quarter enabled profit before allowances to grow 10%.  Despite an unexpected significant allowance charge, first-half earnings were at a record. The performance demonstrates our ability to consistently capture opportunities across our businesses and effectively manage costs. While there remains some uncertainty in the second half, our business momentum is good and our balance sheet healthy. We are well prepared to meet the challenges ahead. "     |
||||
| Useful To Me Not Useful To Me | |||||
|
Qanghoo
Supreme |
08-Aug-2016 07:13
|
||||
|
x 0
x 0 Alert Admin |
2Q16 prifit still > 1 bil, after providing for Swiber allowance at the 11th hr.  Otherwise, wld have been close to 1.2 bil. |
||||
| Useful To Me Not Useful To Me | |||||
|
Qanghoo
Supreme |
08-Aug-2016 06:54
|
||||
|
x 0
x 0 Alert Admin |
N even tell  them no one needs them .....
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Qanghoo
Supreme |
08-Aug-2016 06:52
|
||||
|
x 0
x 0 Alert Admin |
They are more moody n windy cos their mood  seems to change  with the wind.  Got it?    How credible are they?  One wonders if they are not self-serving .....
|
||||
| Useful To Me Not Useful To Me | |||||
|
famouspinky
Supreme |
07-Aug-2016 21:37
|
||||
|
x 0
x 0 Alert Admin |
Expired.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Just4win
Supreme |
07-Aug-2016 20:11
|
||||
|
x 0
x 1 Alert Admin |
Lol... This is Long overdue..
|
||||
| Useful To Me Not Useful To Me | |||||
|
sg_investor
Member |
07-Aug-2016 19:57
|
||||
|
x 0
x 0 Alert Admin |
Israel TA Banks index up 1.3%.   
|
||||
| Useful To Me Not Useful To Me | |||||
|
seanpent
Supreme |
07-Aug-2016 19:56
|
||||
|
x 0
x 0 Alert Admin |
time to downgrade Moody themselves instead ?
|
||||
| Useful To Me Not Useful To Me | |||||
|
junction
Master |
07-Aug-2016 16:38
|
||||
|
x 0
x 0 Alert Admin |
Not long after Moody downgraded the local banks they did an about turn when the market turned against their predictions.   Looks to me they' re rather " moody" .   I don trust these ratings agencies too much after the last Financial crisis. This time we have more concrete evidence from the collapse of Swiber, though.
|
||||
| Useful To Me Not Useful To Me | |||||
|
famouspinky
Supreme |
07-Aug-2016 12:12
|
||||
|
x 0
x 0 Alert Admin |
By then, game over.
|
||||
| Useful To Me Not Useful To Me | |||||
|
sg_investor
Member |
07-Aug-2016 10:54
|
||||
|
x 0
x 0 Alert Admin |
where can i see the institutional holdings of DBS and the trend over time?   
|
||||
| Useful To Me Not Useful To Me | |||||

