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DBS
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DBS
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huattuatua
Elite |
14-Aug-2024 16:28
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noted
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prophetjul
Master |
14-Aug-2024 16:27
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NO. NO. I am very new in DBS. But very old timer in gold. I am not Singaporean. 
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huattuatua
Elite |
14-Aug-2024 16:26
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so were u involved in the dbs rights issue in the yr 2008? lololo
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prophetjul
Master |
14-Aug-2024 16:23
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I have been invested in AU since 2002. :) 
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MrBear12
Supreme |
14-Aug-2024 16:22
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Ho ho! Prophetjul, Thanx for your conversion. In 22 years, DBS has depreciated in gold! Except, of course, when one adds the dividend payouts, I expect it will even out. So gold is truly a standard of value. Trade with mind-set and valuation shifts
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prophetjul
Master |
14-Aug-2024 16:17
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In 2002, DBS was SGD11 and gold was SGD550 DBS was worth 0.02 oz of gold In 2024, DBS is SGD35 and gold is $3,240 DBS is worth 0.0108 oz of gold
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MrBear12
Supreme |
14-Aug-2024 15:48
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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USD is already slipping slowly. This means assets denominated in USD will rise. Esp. Gold. It has proven an effective hedge against inflation for many generations.   DBS is the standard for stocks in Singapore. Gold is the standard for assets worldwide.  What' s DBS price in gold? Trade in the gold standard.
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prophetjul
Master |
14-Aug-2024 15:45
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Someone said this when gold went up from $230 to 680. Then it went further to $1,900.  )
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BinderyT
Elite |
14-Aug-2024 14:51
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I not so sure.   Gold has gone up so high due to demand by BRICS that I' m not confident it can go up even more.   Unless USD implode.
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BinderyT
Elite |
14-Aug-2024 14:49
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Nah.... the best is to have cash ready for fire sale.   I have a ton of USD in FD warchest.
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MrBear12
Supreme |
14-Aug-2024 13:44
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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I' d go for physical gold. My backyard is too small to store crude oil. Uranium is too hazardous. Alternative: Invest in gold traders like Aspial, MoneyMax, ValueMax etc.
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Alignment
Elite |
14-Aug-2024 13:16
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Oil, gold, uranium are good hedges against this.
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Mark001
Veteran |
14-Aug-2024 12:31
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2egg4kosong
Veteran |
14-Aug-2024 11:26
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Tentative plan: To short DBS after xd at 34.77
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MrBear12
Supreme |
14-Aug-2024 11:13
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Onsets of War have always caused equity markets to fall.
Depending on how Iran Strikes, dbs will be negatively affected by the degree of retaliation of all parties. I expect an ugly war which will expand regionally. Avoid all travel over and around those affected areas. Your safety is paramount
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MrBear12
Supreme |
14-Aug-2024 11:05
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Wealth management in the era of quantum computing will define banking in the next decade. Ms Tan will have to work with the technocrats to build a sustainable and profitable banking system for our young who will manage their wealth using AI technologies.
I am sure, with the excellent track record of the board and senior management, DBS is poised to scale new heights. Trade with new currents |
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Mark001
Veteran |
14-Aug-2024 10:59
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Why do you think Iran' s attack will cause DBS to drop?
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prophetjul
Master |
14-Aug-2024 10:57
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https://www.straitstimes.com/business/banking/dbs-faces-challenges-amid-changing-environment-in-the-post-piyush-era#:~:text=SINGAPORE%20%2D%20Management%20guru%20Peter%20Drucker,right%20things%20at%20the%20bank. | ||||
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MrBear12
Supreme |
14-Aug-2024 10:25
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Depends on whether Iran wanna strike early Thursday. If they do, DBS will fall below 3380 | ||||
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huattuatua
Elite |
14-Aug-2024 10:23
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tomorrow xD, this afternoon bbs push this up very high in preparation of the expected drop from uob and oc' s experience, tomorrow' s drop will not be more than the div itself. just my observations |
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