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DBS
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DBS
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Qanghoo
Supreme |
04-Feb-2016 08:16
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This I fully agree. 
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gsasgx
Member |
04-Feb-2016 07:53
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just take the cue from oil price... oil up, most up but when it drops below 30... you will see all red red... hee hee
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Qanghoo
Supreme |
04-Feb-2016 06:12
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This kind of shocking posts anyone also can just regurgitate from anywhere n paste everywhere.  Do make sure it happens OK. 
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Qanghoo
Supreme |
04-Feb-2016 05:59
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So, now dow up, oil up.  What does it tell us.  Financial mkts are just like monopoly $$$$, driven by dominated by the sentiment/s of the day - or what sentiment/s people choose to be the theme/s to trade on for the day.  Actual data bears little.  Facts n events can be flipped from day to day to either pump or dump.  Whether we believe or not, just play thread carefully n play along.  This way, shd  have better chance  to make $$$.
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niteowl68
Elite |
03-Feb-2016 23:40
Yells: "God Bleess You" |
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Dow dropped 171 points now from positive of almost 80 points for Futures before open.. Might test 13.00 tmr.. sigh for those who bought today.. 
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goldvision
Senior |
03-Feb-2016 21:43
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2008 happens all over again. Underlying stocks falling more than the indices. Asian markets initially falling more than US markets. Bank stocks cannot stop falling. The banks actually short their own stocks as they know what is happening behind the scene. Eventually the plot will be unveiled in the US and Dow Jones plays catch-up with big declines of 1000+ points per day. There will be bankruptcies, high yield debt defaults, oil derivatives causing billions of dollars of write-downs and the credit markets tighten up. Government will step in with bail-outs. Money printing machines will be switched on again and quantitative easing will be back with a vengeance. USD will be eased down in response to CNY, EUR, JPY, etc, to make US goods and services competitive. The currency war erupts and global chaos ensues. |
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Qanghoo
Supreme |
03-Feb-2016 21:38
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Firstly, whether they are accurate with their figures, or they over-stretch) we are not sure.  N some of their stories are lifted from so-called analysts reports which I' d take with some pinches of salt.  Etched in my mind is still one report saying that NOL wld give a fat div after the sale of APL Log.  Of course I countered that it appeared frivilous.  Second, what % of the purported DBS exposure is  comfortably secure n what % in danger of default only they know best n we' ll get to see the update in their updated provisioning in the forthcoming reporting.  If I' m not wrong, their current provision for non-performing assets stands at 2.5 bil+ SGD.  Also, commodities (other than oil) have probably been  more on downward trajectory  for a number of yrs already anyway.  So, DBS wld probably have taken steps to assess their risks n adjusted their provisioning already. 
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ecekca
Elite |
03-Feb-2016 21:11
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might breach by next week
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niteowl68
Elite |
03-Feb-2016 20:25
Yells: "God Bleess You" |
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Hitting new lows every week.. see if $13 can hold..   careful not to catch a falling knife here so just watch till the dust settle here.. exercise caution before any long decision as no hurry to buy in yet. |
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moron101
Supreme |
03-Feb-2016 19:18
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Reported in Singapore Business Review DBS's exposure to Oil & Gas is $20b, Commodities is $30b. Will be buggered hard when world economy is deteriorating day by day..
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Immortal
Master |
03-Feb-2016 18:48
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Suggest just wait for DBS to hit $8... |
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Qanghoo
Supreme |
03-Feb-2016 17:54
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Good luck to those who sincerely believe theses things are gonna happen.  Sill, no one pinpointing the record exposure to bad loans though. 
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Siwomp
Supreme |
03-Feb-2016 17:39
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IMHO, oilgas issue should be resolved by q4 2016. properties........ 1st half 2017, or after properties prices drop by another 20% or so.
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Siwomp
Supreme |
03-Feb-2016 17:33
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2009 was due to credit crunch and wide spread lost of confident. this time round due to economic reasons, oilgas and properties......
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Qanghoo
Supreme |
03-Feb-2016 17:28
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What is " record high" exposure n who' s providing the accurate info on it.  Was 2009 similarly exposed that caused it to tank to 6 or 7, no what was actual bad debts written off then?  Anyone has details to support? 
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moron101
Supreme |
03-Feb-2016 15:18
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Exposures to potential bad debts are record high. May go to $6 to $7 levels like what we saw in yr 2009.. very bearish from now.. | ||||
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john_ric
Supreme |
03-Feb-2016 14:41
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uob is stronger. why? coz not much loan to O& M  to write down?
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WanSiTong
Supreme |
03-Feb-2016 14:14
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uob turning green... |
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spore1
Supreme |
03-Feb-2016 09:40
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$13 soon. May even go down to $12
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famouspinky
Supreme |
02-Feb-2016 22:07
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Low, can go lower
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