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DBS
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DBS
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CheeryVGoh
Supreme |
31-Mar-2023 11:15
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Yesterday JPM downgraded Singapore Banks. So yty Lao Sai.  So that they could buy cheaper? |
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pkli899
Supreme |
31-Mar-2023 11:05
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Yes, me also added. Now holding 12.5 lots. Will stop acquiring for the time being. Based on projected DPU, my acquisition will give an above 6% yield. Keeping for good passive income ($27,250 for this year....hehe). Btw, will attend the AGM later. Want to hear what remedy on the latest saga. Any implication on performance? Also want to hear the prospect of hitting $10 Bn net profit this year.
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Observers
Elite |
31-Mar-2023 09:45
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Today AGM going to be very long drawn.
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TodaySgCny
Senior |
31-Mar-2023 07:34
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Holding some position for long term.Patience x3 Cheers | ||||
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RL16EGG
Veteran |
30-Mar-2023 21:48
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Today shortsell volumes for the 3 bros high leh. Cannot be just because of the DBS outage. USA banking turmoil lingers on. Downside risk continues. |
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Luzern
Supreme |
30-Mar-2023 17:43
Yells: "9" |
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DBS issue, DBS should foot the bills.  Why suggest MAS invest in the extra manpower and resources to investigate?  Why ask the taxpayers to foot the bills? If want MAS to investigate, then MAS should bill DBS on the the extra Manpower, Man-hours and resources used for this invesigation and consultations. |
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FATABA
Supreme |
30-Mar-2023 16:21
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Totally agreed w you .....ALL regulators know is FINE .  Honestly it can happened to anyone ...banks or instituation or even MAS or sgx itself .....HOW many times sgx is down or some functions  like market depth is not workig ....WHO find them ??  It is this level of mgt who simple point a finger at someone FINE ....but never offer an indepth solution and check . WOrst if this is due to foreign attack or something ?    Best is to REALLY REALLY have some IT expert to check it out.  Instead just push to the DBS IT person ...which of course is a salary man ( of course if investigation show they are sleeping then it is another issue )  Let see how this turn out ...> BUT you can be assure ...it will NOT affect DBS share price ...lol knee jerk reaction or all 3 banks also drop  Dyodd  
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pkli899
Supreme |
30-Mar-2023 14:42
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Yes, totally agree with you. Very constructive suggestion. MAS cannot simply use fine to settle the issue.  
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pasttime
Supreme |
30-Mar-2023 14:34
Yells: "gold silver are real money. not others iou." |
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fine is an easy way out. look at cs . part of the reason of failure is the number of fine that their central bank impose on them. a repeat fine is already a strong sign that whatever stop gap is not working. the more active way is to sit together with dbs. 1. to investigate and see what really happen. the root cause. 2. immediate actions to stop the damage from the occurance . 3. the plan to prevent any reoccurance. a small fine to the bank.  a fine to the individual involved if there is any failure due to no work ie work that should be done but not done like security patches.  others like the recent paylah aggressive move of encoraging used. was a there an estimated increased in volume, plan capacity to meet the increased demand.  just a fine is useless. it will also show that central bank did not do enough to prevent reoccurance of incident be it from from dbs or other financial institutions. |
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MBULLISH
Elite |
30-Mar-2023 12:02
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I don?t believe we can?t find a local born pure breed singaporean to run a bank ?
Need pay 15 mil Sgd ? And then still have outages ? All these overpaid salaries and fines should go to the lower income depositors as special dividends for them |
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pkli899
Supreme |
30-Mar-2023 12:01
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Unfortunate as it is, DBS performance is least going to be affected. People with ulterior motive will of course seize the opportunity to talk down. Long term investors should not be overly concern. |
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finjungle
Veteran |
30-Mar-2023 11:46
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This is the BANK in Singapore which is overvalued. But when vanity rules the heads, reasonable daily matters could go hay wired. 
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hokpin
Supreme |
30-Mar-2023 11:29
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Singapore?s financial regulator will take action against DBS Group Holdings Ltd. (DBS) after a second digital banking outage in less than two years, calling the disruption ?unacceptable.?
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soonsoonhuat
Veteran |
30-Mar-2023 10:23
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think more of afraid that MAS will take drastic action against their digi banking outage.
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Stocky901
Supreme |
30-Mar-2023 09:38
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If there is fine imposed for this incident, the money should be distributed to all their bank account holders or as charity to those lower income groups..😔
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hokpin
Supreme |
30-Mar-2023 09:04
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Annoying customers punished DBS digital banking service on their share price? | ||||
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Observers
Elite |
30-Mar-2023 09:03
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Don' t know who go and sabo. Tomorrow DBS AGM already leh. | ||||
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chinesetea
Member |
30-Mar-2023 08:59
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whaat  happen to dbs?? | ||||
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uiop1223
Supreme |
30-Mar-2023 08:09
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Money only goes to rich, not beggars
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MBULLISH
Elite |
30-Mar-2023 07:06
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You don?t overpay salary to get such breakdown
Bonus and salary sure no breakdown to be credited in Come out admit flaws and distribute more monies to commoners |
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