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kandinsky Master	13-Mar-2020 12:08        kandinsky About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can remove absd, but must also stop foreigners (PR etc) from buying hdb flats. TA_Expert      ( Date: 13-Mar-2020 11:52) Posted: ABSD must continue to stop people like you who is speculating properties. Without ABSD, you will see a surge in property prices as more speculators will go in. At the same time, more foreigners will come in to buy our land. This has to be managed. With falling interest rate, it is stupid for the government to remove ABSD. I hope that Lawrence Wong is not stupid enough to fall for the trick. Goldfinger      ( Date: 13-Mar-2020 11:02) Posted: There is likely no rationality in this selling. It is not like anyone is dying or banks are crashing in this crises. Only restaurants are closing. We have not seen any major corporate failures yet.  So, I am not that afraid. If things get worse, the Government will be pressured to do stuff like remove ABSD etc. That will be very good for private property owners and property firms and banks.  I am actually hoping for the market to collapse more to see the end of ABSD. It is very much disliked
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TA_Expert Supreme	13-Mar-2020 11:52        TA_Expert About Contact  Quote this Post!   Yells: "The World has changed"
x 0   x 0  Alert Admin	ABSD must continue to stop people like you who is speculating properties. Without ABSD, you will see a surge in property prices as more speculators will go in. At the same time, more foreigners will come in to buy our land. This has to be managed. With falling interest rate, it is stupid for the government to remove ABSD. I hope that Lawrence Wong is not stupid enough to fall for the trick. Goldfinger      ( Date: 13-Mar-2020 11:02) Posted: There is likely no rationality in this selling. It is not like anyone is dying or banks are crashing in this crises. Only restaurants are closing. We have not seen any major corporate failures yet.  So, I am not that afraid. If things get worse, the Government will be pressured to do stuff like remove ABSD etc. That will be very good for private property owners and property firms and banks.  I am actually hoping for the market to collapse more to see the end of ABSD. It is very much disliked. FATABA      ( Date: 13-Mar-2020 10:41) Posted: At this moment they are shout of funny prices ....on all 3 banks  BUT THE FACT is ...( of course if not for trade but say 6 mths)  DBS is giving 7% yield for 18.90  Ocbc is 5.8% yield for 8.80 UOB is 6.6% for 19.70  All I am saying WHERE wld the fund flow for return in this time ?  ( Our banks can pay ) ......n most likely committed for 2020  ( not europe n out of usa for sure )  DYODD  Happy investing.
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TA_Expert Supreme	13-Mar-2020 11:47        TA_Expert About Contact  Quote this Post!   Yells: "The World has changed"
x 0   x 0  Alert Admin	You don' t have to worry about that. Many have done that in the past crisis and became millionaires. No exception for this time. Just buy DBS when it collapses. Goldfinger      ( Date: 13-Mar-2020 10:59) Posted: If it reach $8 - you/we should sell your HDB flat to buy like a few hundred lots then rent.     kandinsky      ( Date: 13-Mar-2020 10:01) Posted: If drop to 8, will be hard not to buy at least 10 lots.
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chubbybastard Member	13-Mar-2020 11:39        chubbybastard About Contact  Quote this Post!
x 0   x 0  Alert Admin	Of course there is. Stock prices are always forward looking. Up to 6 months forward in fact. So those revenue reported in the previous result announcement is all in the past. Market will price in what will happen in 6 months time. And what will likely happen is that the Bank' s NPL will definately ballon. The virus not only affects  restaurants but also airlines, REITS, import and export business, etc. No sector apart from healthcare is experiencing a boom in business at the moment. In fact most are contracting. Defaults will be comming fast and furious in the comming months. Market are pricing those in.    Goldfinger      ( Date: 13-Mar-2020 11:02) Posted: There is likely no rationality in this selling. It is not like anyone is dying or banks are crashing in this crises. Only restaurants are closing. We have not seen any major corporate failures yet.  So, I am not that afraid. If things get worse, the Government will be pressured to do stuff like remove ABSD etc. That will be very good for private property owners and property firms and banks.  I am actually hoping for the market to collapse more to see the end of ABSD. It is very much disliked. FATABA      ( Date: 13-Mar-2020 10:41) Posted: At this moment they are shout of funny prices ....on all 3 banks  BUT THE FACT is ...( of course if not for trade but say 6 mths)  DBS is giving 7% yield for 18.90  Ocbc is 5.8% yield for 8.80 UOB is 6.6% for 19.70  All I am saying WHERE wld the fund flow for return in this time ?  ( Our banks can pay ) ......n most likely committed for 2020  ( not europe n out of usa for sure )  DYODD  Happy investing.
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Goldfinger Supreme	13-Mar-2020 11:02        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	There is likely no rationality in this selling. It is not like anyone is dying or banks are crashing in this crises. Only restaurants are closing. We have not seen any major corporate failures yet.  So, I am not that afraid. If things get worse, the Government will be pressured to do stuff like remove ABSD etc. That will be very good for private property owners and property firms and banks.  I am actually hoping for the market to collapse more to see the end of ABSD. It is very much disliked. FATABA      ( Date: 13-Mar-2020 10:41) Posted: At this moment they are shout of funny prices ....on all 3 banks  BUT THE FACT is ...( of course if not for trade but say 6 mths)  DBS is giving 7% yield for 18.90  Ocbc is 5.8% yield for 8.80 UOB is 6.6% for 19.70  All I am saying WHERE wld the fund flow for return in this time ?  ( Our banks can pay ) ......n most likely committed for 2020  ( not europe n out of usa for sure )  DYODD  Happy investing.
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linsong88 Senior	13-Mar-2020 11:02        linsong88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I dont think their profit can sustain giving same dividend as past 2 years with this kind of situation ... your assumption might not be appropriate bro... FATABA      ( Date: 13-Mar-2020 10:41) Posted: At this moment they are shout of funny prices ....on all 3 banks  BUT THE FACT is ...( of course if not for trade but say 6 mths)  DBS is giving 7% yield for 18.90  Ocbc is 5.8% yield for 8.80 UOB is 6.6% for 19.70  All I am saying WHERE wld the fund flow for return in this time ?  ( Our banks can pay ) ......n most likely committed for 2020  ( not europe n out of usa for sure )  DYODD  Happy investing.
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Goldfinger Supreme	13-Mar-2020 10:59        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	If it reach $8 - you/we should sell your HDB flat to buy like a few hundred lots then rent.     kandinsky      ( Date: 13-Mar-2020 10:01) Posted: If drop to 8, will be hard not to buy at least 10 lots. TA_Expert      ( Date: 13-Mar-2020 09:52) Posted: After more than 10 years, DBS share price finally fallen. Many of us have been waiting for this moment.  $15 and below can start nimbling. $8 was the low during crisis.
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curious_moo Master	13-Mar-2020 10:54        curious_moo About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	someone reading too much books lol... desmodeus      ( Date: 13-Mar-2020 01:54) Posted: Can wait till the virus disappear as mysteriously as it appeared. Patience. No need to catch the bottom because the bottom will not announce it
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FATABA Supreme	13-Mar-2020 10:41        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	At this moment they are shout of funny prices ....on all 3 banks  BUT THE FACT is ...( of course if not for trade but say 6 mths)  DBS is giving 7% yield for 18.90  Ocbc is 5.8% yield for 8.80 UOB is 6.6% for 19.70  All I am saying WHERE wld the fund flow for return in this time ?  ( Our banks can pay ) ......n most likely committed for 2020  ( not europe n out of usa for sure )  DYODD  Happy investing.
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Ooobuh Member	13-Mar-2020 10:21        Ooobuh About Contact  Quote this Post!
x 0   x 0  Alert Admin	waiting for $14
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kandinsky Master	13-Mar-2020 10:01        kandinsky About Contact  Quote this Post!
x 0   x 0  Alert Admin	If drop to 8, will be hard not to buy at least 10 lots. TA_Expert      ( Date: 13-Mar-2020 09:52) Posted: After more than 10 years, DBS share price finally fallen. Many of us have been waiting for this moment.  $15 and below can start nimbling. $8 was the low during crisis.
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Goldfinger Supreme	13-Mar-2020 10:00        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	SGD 18 may be a point to nibble more.
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TA_Expert Supreme	13-Mar-2020 09:56        TA_Expert About Contact  Quote this Post!   Yells: "The World has changed"
x 0   x 0  Alert Admin	Many people are celebrating now for the crash of the banking stocks.
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TA_Expert Supreme	13-Mar-2020 09:52        TA_Expert About Contact  Quote this Post!   Yells: "The World has changed"
x 0   x 0  Alert Admin	After more than 10 years, DBS share price finally fallen. Many of us have been waiting for this moment.  $15 and below can start nimbling. $8 was the low during crisis.
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john_ric Supreme	13-Mar-2020 09:51        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	$15 is achieveable.
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kandinsky Master	13-Mar-2020 09:43        kandinsky About Contact  Quote this Post!
x 0   x 0  Alert Admin	When is it a good time to buy in, nobody knows...
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john_ric Supreme	13-Mar-2020 02:14        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	later below 20 .
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desmodeus Veteran	13-Mar-2020 01:54        desmodeus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can wait till the virus disappear as mysteriously as it appeared. Patience. No need to catch the bottom because the bottom will not announce it
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cheongweevictor Supreme	13-Mar-2020 01:15        cheongweevictor About Contact  Quote this Post!
x 0   x 0  Alert Admin	but u are looking at 8$ so i do not understand why u say no need to sell.. TA_Expert      ( Date: 13-Mar-2020 01:10) Posted: No need to sell now as you have already missed the window period. All the funds have started selling since begnning of March. Retails are normally the last to hold the babies. If you have deep pockets, now it is the time to scoop up DBS at $16, $13, $10, and $8. Give yourself 3 years, and you can see DBS back to $28. cheongweevictor      ( Date: 13-Mar-2020 00:40) Posted: right now also too late to sell,,for me i will just sit thro and buy more when it drop.. cause i m no good in catching the bottom,, alwayts fail badly for me doing this
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TA_Expert Supreme	13-Mar-2020 01:10        TA_Expert About Contact  Quote this Post!   Yells: "The World has changed"
x 0   x 0  Alert Admin	No need to sell now as you have already missed the window period. All the funds have started selling since begnning of March. Retails are normally the last to hold the babies. If you have deep pockets, now it is the time to scoop up DBS at $16, $13, $10, and $8. Give yourself 3 years, and you can see DBS back to $28. cheongweevictor      ( Date: 13-Mar-2020 00:40) Posted: right now also too late to sell,,for me i will just sit thro and buy more when it drop.. cause i m no good in catching the bottom,, alwayts fail badly for me doing this. desmodeus      ( Date: 13-Mar-2020 00:33) Posted: unless dow makes a dramatic u-turn, under $20 tomorrow
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