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DBS
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Starship
Supreme |
10-Feb-2021 10:02
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s100125
Elite |
10-Feb-2021 09:51
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Results expected , not bad consider the difficult environment in this pandemic. | ||||
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FATABA
Supreme |
10-Feb-2021 09:23
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DBS FULL-YEAR 2020 NET PROFIT AT SGD 4.72 BILLION, OPERATING PROFIT BEFORE ALLOWANCES AT RECORD DESPITE HEADWINDS FROM COVID-19 AND LOWER RATES * * * Fourth-quarter net profit at SGD 1.01 billion SINGAPORE, 10 February 2021 & ndash DBS Group reported net profit of SGD 4.72 billion for full-year 2020, 26% below the previous year& rsquo s record. Total allowances more than quadrupled to SGD 3.07 billion as general allowances of SGD 1.71 billion were conservatively set aside for potential risks arising from the pandemic. Profit before allowances rose 2% to a new high of SGD 8.43 billion. Total income was stable at SGD 14.6 billion despite the economic disruption caused by the pandemic. Net interest income fell 6% as a 27 basis point fall in net interest margin was partially offset by constant currency loan growth of 4%. Fee income was stable while other non-interest income rose 32% as gains from investment securities tripled. Expenses declined 2% to SGD 6.16 billion as costs were kept in check imho , this is a great set of result under pandemic situation ......Profit could be $2B a quarter if not for the allowances. CEO has put it as conservatively ....its SUPER conservative for such large allowances. Dividend maintained at 18c per qtr. I would be very surprise what this could be use for come end 2021 . DYODD Happy investing. |
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Goldfinger
Supreme |
10-Feb-2021 08:21
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So so - not great not bad. Expected.
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ysh2006
Supreme |
10-Feb-2021 07:44
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Any result announce ? Bad or good... | ||||
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Starship
Supreme |
09-Feb-2021 10:00
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Isolator
Supreme |
09-Feb-2021 09:40
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It only mean today sti will be red.... then Dow tonight... short to enjoy... | ||||
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hawkeye2010
Member |
09-Feb-2021 06:28
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Dow +237. Shorts are deadmeat.
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john_ric
Supreme |
08-Feb-2021 22:30
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27 to 28 after results. | ||||
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Isolator
Supreme |
08-Feb-2021 22:04
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Strong? Pump and dump.... short to enjoy.. | ||||
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Ipoh123
Senior |
08-Feb-2021 20:33
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Strong reversal and trending up w strong TA. Enjoy ride. | ||||
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Starship
Supreme |
08-Feb-2021 19:29
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Starship
Supreme |
08-Feb-2021 19:27
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Starship
Supreme |
08-Feb-2021 19:12
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hawkeye2010
Member |
08-Feb-2021 18:14
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Shorts are toast, burnt to a crisp.
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hawkeye2010
Member |
08-Feb-2021 18:12
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Shorts running naked after losing their shorts.
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Isolator
Supreme |
08-Feb-2021 17:28
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US will be in red tonight... short to enjoy.. | ||||
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Goldfinger
Supreme |
08-Feb-2021 17:14
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Those who fall into the trap of the Angmoh short sellers to attack our SGX market and Local Banks are now licking their wounds. Clearly, our Local Banks are too undervalued compared to Global peers. Most of these, eg Citigroup, trade at only 2+ per cent dividend yield and this during good BAU times? We have been TOO CHEAP FOR FAR TOO LONG.
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tongphlp
Supreme |
08-Feb-2021 16:32
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U must be already in the $$, for you to run :)
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Isolator
Supreme |
08-Feb-2021 16:26
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Run for your life... lol | ||||
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