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The Best of the Best Banks
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LP2020
Senior |
13-Nov-2024 13:13
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hopefully we see a climb up later
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aragosta
Supreme |
13-Nov-2024 10:22
Yells: "BBs never say why when they buy; never tell when they sell" |
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by the way, don' t ever forget. TH has something like 18%. In SCB...... they hv it for reason , but certainly not for sentiment reasons.... I mentioned on the possibility of passing to one of the sons and when it happens, thru the association, I mentioned a couple years back, a tp that is much higher than the current 50 hyp, and people were laughing until I had to send my iPad for repair......... | ||
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aragosta
Supreme |
12-Nov-2024 19:03
Yells: "BBs never say why when they buy; never tell when they sell" |
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Since got some polite interest, I give some more info & let u all to interpret..... according to black market , DBS is sure to buy over TH' s 29.1 %Alliance share, which means another 4.5 % will be GO ........Public Bank currently a big block in Alliance, among them the children of that late Teh Hong Pew who holds more than 20%.....according to black market, the children have openly announced they want to reduce 10% of their holding worth about RM9 billion.... negotiations going on but not going to say with who.... Dont want to say tooo much.....don' t want uncultured 5-lots Auntie paper trader to know too mucn |
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Johnsnow
Elite |
11-Nov-2024 13:05
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CEO is such a beautiful woman crossing 50 is just going to happen soon | ||
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pikachu
Master |
11-Nov-2024 06:36
Yells: "Holy Cow!" |
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$50 soon! | ||
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Goldfinger
Supreme |
10-Nov-2024 21:47
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Non-stop good news. What a great CEO and a great bank!
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MrBear12
Supreme |
10-Nov-2024 12:44
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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expansion in the pipeline https://www.reuters.com/markets/deals/singapores-dbs-eyes-malaysian-bank-stakes-expansion-push-sources-say-2024-11-09/ |
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aragosta
Supreme |
10-Nov-2024 10:53
Yells: "BBs never say why when they buy; never tell when they sell" |
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READ! https://www.theedgesingapore.com/news/banking-finance/dbs-shares-jump-69-3qfy2024-earnings-beat-3-bil-share-buyback-news " Anytime is a good time" With a proposed dividend of 54 cents per share, DBS will pay an estimated $1.536 billion in dividends for 3QFY2024 ended Sept 30. While the proposed dividend is unchanged for the third consecutive quarter, the bank announced a $3 billion share buyback programme alongside its results. DBS shares will be purchased in the open market and cancelled for the first time. That said, the share buyback does not preclude a step-up in dividends or special dividends in the coming quarters. Responding to The Edge Singapore, DBS CEO Piyush Gupta says the bank " still has a lot of capital to return" . " We have anything from $3 [billion] to $5 billion of more capital to return even after this." Gupta, who will relinquish his role in March 2025 to current deputy CEO Tan Su Shan, says DBS is " going to have to use all these engines" to return capital to shareholders. " It is not a question of ' Why do you not do one over the other?' ,We' re just trying to use every tool. You remember, a couple quarters [ago], we even used the bonus issue to be able to return some dividends back to shareholders," Gupta adds. DBS announced a 1-for-10 bonus share issue in February at the release of its FY2023 results. Gupta acknowledges there may be questions on whether the share buyback programme is poorly-timed, given the current high share price. " In reality, if you want to actually buy back and cancel shares, and if you have a strong belief in the fundamentals of the business, anytime is a good time." Gupta, who joined the bank in 2009, says he is " struck by the fact that companies like JP Morgan and Apple" continue to do share buybacks, " even at relatively high price-to-book" . He adds that the bank will be " thoughtful and prudent" about when to exercise its share buyback. " The important thing, though, is that it reflects our continued commitment to capital management." |
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MrBear12
Supreme |
08-Nov-2024 18:41
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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The present ATH is obviously not going to be the only all time high. 42.40 is good price. But not overly expensive. Even 50 can be considered fair price. So we hold until fair price and assess from there how the company has done. For DBS, because the return on equity is so impressive, almost 20, and about to improve some more with SBB (that leads to reduction in equity). Imagine returns of over 20% a year! We can theoretically look forward to a corresponding 20+% increase in share price in one year' s time, that will take us past 50.00 next year, assuming all things stay at least the same... ... if, that is the case... ... |
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aragosta
Supreme |
08-Nov-2024 18:19
Yells: "BBs never say why when they buy; never tell when they sell" |
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Many people see today' s closing price of $42.40 as phenomenal high. Actually the black market thinks not really, and I tell u why...... they value the share buyback programme and the CANCELLATION of the shares, as ten percent of the value..... but how can it be so, when $3 billion at current price won' t buy back 10% shares?.... well, I suppose it calculate at 3 or 4 months or so before the next FY results report and the next mandate.....accordingly if you take last week closing price before this week results and add in the 0.54 dividends, the stock should value at least $4.50 more.... so price should range at between $43 to $44 at current sentiments plus with the positives notes expressed by the CEO and the various analysts, there' s a value added forward earning growth and pe to look towards to.... which in turn would propel the stock price even further beyond the moon...... $50 is no longer a dream impossibility | ||
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pkli899
Supreme |
11-Oct-2024 14:07
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Yes, worry the other thread will be gone.
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BinderyT
Elite |
11-Oct-2024 11:10
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Buay tahan. Reminds me of those two-faced smooth talking Indians.
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MrBear12
Supreme |
11-Oct-2024 10:41
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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This thread is for the dbs bulls. Have migrated here because of the controversy in another thread (about to be locked??)
So yeah, we believe that this stock will push forward as long as this nation progresses. Majullah Singapura! |
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Startsmm
Member |
07-Sep-2024 10:37
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So this month $38 | ||
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aragosta
Supreme |
06-Sep-2024 14:14
Yells: "BBs never say why when they buy; never tell when they sell" |
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This was what I wrote in one thread...... didn' t know I could write so well...... actually they came from the gangsters' mouth...... I juz repeating them........ Contrary to many novices and newbies thinking, a rates cut not necessarily bad for ALL banks........... banks are different, you got to look at the fundamentals of the banks and how much they are involved in inter bank lending for example......... how much they affect their asset yields or costs of liabilities etc.......... People often forget that in a high interest rate environment, there are negative effects on growth, the number of loans being made may shrink as people fear about their income, business borrow less, and the banks themselves worry about repayment risks as loans with higher interest have higher chances of defaulting......... Look at the positives of rate cut......... for one , a cut in interest rates will stimulate more economic activity, which will benefit banks.........lower rates make borrowing money cheaper.........This encourages consumer and business spending..........so banks lend more money and make more profits......... And the fed had been saying they are going to cut rates more times than other times previously.........so this removes the surprise element and risk that will crash the stock market............ there has been so many rounds of speculation on rate cuts, that rate cuts are somewhat priced in.......... u know, if something is expected, it wont move the needle much.......... bank stocks are forward looking, so it really doesnt matter much since short term adverse effects are temporary........ Tio boh? But one notable positive is that when interest rates go down, the existing loans the bank owns actually become more valuable........and not only they are slow in reducing loans rates, they also quick in paying less to depositors......... and in the long term, if the bank can charge less for a loan, they will have more customers...... . So all,these will negate the smaller margins the cuts perceived to bring......... Anyway these come from the gangsters , who are not financially trained or not even highly educated, so please as always dyoddd........ |
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aragosta
Supreme |
16-Aug-2024 10:39
Yells: "BBs never say why when they buy; never tell when they sell" |
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Forgot I got this peaceful place here.....will bring my furniture over and set table here and give my views here from now on...... last couple of weeks, I hinted, or I anyhow guess, there' s going to be a major going on here but people juz heck care......will post if further development and no longer sensitive to post...... you can see in two weeks it can move from below $33 to now over $35.... so when the black market senses major, it really means major........ so, we can now get excited about a possible $40, because there are some, analysts even, talking about a possible $50 .......... but dyoddd please, I juz repeating what those ruthless gangsters said...... | ||
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Grubber
Elite |
07-Aug-2023 09:27
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35 here we come | ||
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pikachu
Master |
07-Aug-2023 06:23
Yells: "Holy Cow!" |
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DBS is the best! | ||
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