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DBS
Last:63.24
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BinderyT
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02-May-2024 09:06
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sian .... I go look at other things :( | ||||
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Sin_Cos_Tan
Veteran |
02-May-2024 09:02
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Open $ 35.86  
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hokpin
Supreme |
02-May-2024 08:57
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Swee, Bro! I am closely monitoring to load more also!!!
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BinderyT
Elite |
02-May-2024 08:50
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Load more, bro.   I have 80% of my target.   Need to buy remaining 20% then I can park this aside ....
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huattuatua
Elite |
02-May-2024 08:50
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most likely these few trading sessions we can witness dbs crosses the 100B mkt cap mark. swee swee ar |
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BinderyT
Elite |
02-May-2024 08:48
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I think people who took home loans are starting to feel the heat. One of my close friend' s fixed rate expiring soon.   Apparently new housing loan rates are pretty steep,
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hokpin
Supreme |
02-May-2024 08:48
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You haven' t been on board or you want to load more?
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BinderyT
Elite |
02-May-2024 08:43
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arrrrrgh!   can pull back for awhile or not? | ||||
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SDEXXXXD
Veteran |
02-May-2024 08:38
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looking good 
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huattuatua
Elite |
02-May-2024 08:35
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hahahaha.mkt loves the earnings so much to give a pre opening quotes of 36.5, if can open that price will be song kar buey din chu. huat arrrrrr |
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hokpin
Supreme |
02-May-2024 08:34
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Pre Open at > SGD 36 ? | ||||
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simpleguy123
Elite |
02-May-2024 08:28
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Victor withdrew himself from the forum. Rightly so as his last call for the followers was to follow him and buy SI (Silvergate Capital). That one was an epic disaster for the share price. Also, Ristaker kept arguing with him lol. That incident was funny, because Risktaker actually became more right than wrong in late 2023 I stopped following Victor after end of 2022, i realized it was beginning to feel like a cult (just like AMC and GME). I did see him post on Yahoo Finance on the Silvergate Capital (SI) forum, that was in Mid 2023, last post by him. SI is still a penny stock, may be trading on OTC now. From what i understand, Victor does not buy SG Stocks, he thinks its a laggard (and this is true to an extent because S& P500 is WIN). But some SG Stocks are safer and pays dividend, like our No.1 Bank in SG.
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simpleguy123
Elite |
02-May-2024 08:20
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That would be what i would like for him. But honestly the girl/lady would have to be comfortable accepting that they will be getting together with someone on a $800k loan with floating interest. He' s late 20s, so there is still time for him. And he' s earning 8-9k/month so he should be ok, for now. But yes thank you for praying for more wisdom to shine upon him.
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prophetjul
Master |
02-May-2024 08:15
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WOW!    | ||||
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MrBear12
Supreme |
02-May-2024 08:10
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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O BTW, Does anybody know what happened to Victor of the victorine eagles who posted on a thread focussing on US tech? He used to look down on Singapore and her banks like this DBS. I think Simpleguy you last commented on his now defunct thread. If victor is here, please see how well DBS is doing! It is now similar to a tech company with an ROE of almost 20. Please buy this one with the money you earned in US Tech. Appreciate it! |
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MrBear12
Supreme |
02-May-2024 08:04
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Bro simple, My simple advice to your friend is this: single become couple. Find a spouse, your burdens will be more than halved. Praying with you  
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simpleguy123
Elite |
02-May-2024 07:44
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Yes agreed with you. Actually on a side note, those (our real-life friends, relatives, colleagues, etc) who took out " cheap" floating rate loans from banks are really gonna feel the pinch (if they haven' t felt it yet). For those whom locked in loans at lower covid level rates, kudos to you. Me salute yall, hope their loan tenure period is longer than 10 years if not chibaboom. For newlyweds looking for home loan, their default should be HDB Loan for the foreseeable future. For those refinancing, GG. My friend took out a floating rate loan in 2020, for approx 700k to buy a leasehold condo (just TOPed in 2024) that costs $1.3m  .I told him to rent out the condo and stay with his parents, but he says he wants to live there. He is single. May God guide his path sia....
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MrBear12
Supreme |
02-May-2024 07:27
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Agreed fully. Thanks simpleguy for your posts. Our thinking is more clarified now.
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MrBear12
Supreme |
02-May-2024 07:25
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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https://www.bloomberg.com/news/articles/2024-05-01/dbs-profit-beats-estimates-on-higher-lending-wealth-fees-growth?utm_source=google&utm_medium=bd&cmpId=google
Bloomberg is fastest to respond. |
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simpleguy123
Elite |
02-May-2024 07:25
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Also a big thank you, for sharing the wonderful Q1 Results with us here! :)) Its great to see that we proved that MayBank " Research Analyst" (seriously no effort from that guy) wrong, and had better figures and percentages than estimates. I am heartened and very encouraged that our Fee Income (from Wealth Management and Consumer Banking segments) is increasing. This has always been the long-term planning, which those " Financial Youtubers" never took into consideration, that DBS is placing a focus on its Wealth Management and Consumer Banking arms (Seen from India LVB and Taiwan Citi Consumer Banking Acquisition). This is so we do not remain dependent and reliant only on NIMs, but explore other income streams.
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  . And the last line is telling us to look at that same data, which will determine any cut(s) OR potential hike(s).