DBS
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DBS
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17561-17580 of 18139
Hopefully visit 16 again....
10%
Immortal ( Date: 04-Jan-2016 10:12) Posted:
How far will DBS go down.....
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How far will DBS go down.....
Gain nt enough to cover comms
Qanghoo ( Date: 03-Jan-2016 20:24) Posted:
If mkt gets hot, likely that returns from trading bank stocks will outpace CPF still. But of course, CPF returns are more or less risk free. .
hlfoo2010 ( Date: 03-Jan-2016 14:43) Posted:
$$$$$ in CPF much better off ??
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If mkt gets hot, likely that returns from trading bank stocks will outpace CPF still. But of course, CPF returns are more or less risk free. .
hlfoo2010 ( Date: 03-Jan-2016 14:43) Posted:
$$$$$ in CPF much better off ??
hlfoo2010 ( Date: 30-Nov-2015 12:02) Posted:
$$$$$ in CPF better off ????
CPF rates maintained for first quarter 2016
http://www.theedgemarkets.com/sg/article/cpf-rates-maintained-first-quarter-2016
SINGAPORE (Nov 30): Central Provident Fund (CPF) members will continue to earn interest rates of up to 3.5% per annum for money in their Ordinary Account (OA), and up to 5% per annum on their Special and Medisave Accounts (SMA) in the first quarter of 2016, says a joint press statement by CPF Board and Housing & Development Board.
CPF members will also earn up to 5% per annum on their Retirement Account (RA) monies in 2016. These interest rates include an extra 1% interest paid on the first $60,000 of a member&rsquo s combined balances (with up to $20,000 from the OA) which is part of the Government&rsquo s efforts to enhance the retirement savings of CPF members.
CPF members aged 55 and above will also earn an additional 1% extra interest on the first $30,000 of their combined balances from January 2016. This is paid over and above the current extra 1% interest that is earned on the first $60,000 of their combined balances. As a result, CPF members aged 55 and above will earn up to 6% interest per year on their retirement balances.
The OA interest rate will be maintained at 2.5% per annum from 1 January 2016 to 31 March 2016, as the computed rate of 0.21% is lower than the legislated minimum interest rate. Correspondingly, the concessionary interest rate for HDB mortgage loans, which is pegged at 0.1% above the OA interest rate, will remain unchanged at 2.6% per annum from 1 January 2016 to 31 March 2016.
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DBS back in trading range......
$$$$$ in CPF much better off ??
hlfoo2010 ( Date: 30-Nov-2015 12:02) Posted:
$$$$$ in CPF better off ????
CPF rates maintained for first quarter 2016
http://www.theedgemarkets.com/sg/article/cpf-rates-maintained-first-quarter-2016
SINGAPORE (Nov 30): Central Provident Fund (CPF) members will continue to earn interest rates of up to 3.5% per annum for money in their Ordinary Account (OA), and up to 5% per annum on their Special and Medisave Accounts (SMA) in the first quarter of 2016, says a joint press statement by CPF Board and Housing & Development Board.
CPF members will also earn up to 5% per annum on their Retirement Account (RA) monies in 2016. These interest rates include an extra 1% interest paid on the first $60,000 of a member&rsquo s combined balances (with up to $20,000 from the OA) which is part of the Government&rsquo s efforts to enhance the retirement savings of CPF members.
CPF members aged 55 and above will also earn an additional 1% extra interest on the first $30,000 of their combined balances from January 2016. This is paid over and above the current extra 1% interest that is earned on the first $60,000 of their combined balances. As a result, CPF members aged 55 and above will earn up to 6% interest per year on their retirement balances.
The OA interest rate will be maintained at 2.5% per annum from 1 January 2016 to 31 March 2016, as the computed rate of 0.21% is lower than the legislated minimum interest rate. Correspondingly, the concessionary interest rate for HDB mortgage loans, which is pegged at 0.1% above the OA interest rate, will remain unchanged at 2.6% per annum from 1 January 2016 to 31 March 2016.
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DBS may cont to head higher .
http://sporeshare.blog spot.sg/2016/01/dbs.html
I suspect will not < 16 anytime soon.
hlfoo2010 ( Date: 21-Dec-2015 16:11) Posted:
Below 15 may consider, current price too old to wait for TP ????
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Below 15 may consider, current price too old to wait for TP ????
CPF rates are getting very attractive, vis-a-viz unit-trust n insurance-product returns. N it' s risk-free. So, maybe shd consider leaving the max possible in our retirement a/cs for those of us who are already => 55.
hlfoo2010 ( Date: 30-Nov-2015 12:02) Posted:
$$$$$ in CPF better off ????
CPF rates maintained for first quarter 2016
http://www.theedgemarkets.com/sg/article/cpf-rates-maintained-first-quarter-2016
SINGAPORE (Nov 30): Central Provident Fund (CPF) members will continue to earn interest rates of up to 3.5% per annum for money in their Ordinary Account (OA), and up to 5% per annum on their Special and Medisave Accounts (SMA) in the first quarter of 2016, says a joint press statement by CPF Board and Housing & Development Board.
CPF members will also earn up to 5% per annum on their Retirement Account (RA) monies in 2016. These interest rates include an extra 1% interest paid on the first $60,000 of a member&rsquo s combined balances (with up to $20,000 from the OA) which is part of the Government&rsquo s efforts to enhance the retirement savings of CPF members.
CPF members aged 55 and above will also earn an additional 1% extra interest on the first $30,000 of their combined balances from January 2016. This is paid over and above the current extra 1% interest that is earned on the first $60,000 of their combined balances. As a result, CPF members aged 55 and above will earn up to 6% interest per year on their retirement balances.
The OA interest rate will be maintained at 2.5% per annum from 1 January 2016 to 31 March 2016, as the computed rate of 0.21% is lower than the legislated minimum interest rate. Correspondingly, the concessionary interest rate for HDB mortgage loans, which is pegged at 0.1% above the OA interest rate, will remain unchanged at 2.6% per annum from 1 January 2016 to 31 March 2016.
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Broker' s Report
Singapore banks' loan demand sluggish, but outlook better: Barclays
December 1, 2015: 1:26 PM
Bank loans contracted for the second consecutive month in October, compared with the previous month while system loan growth was what Barclays calls a " mere" 1.2%, latest statistics from the Monetary Authority of Singapore show.
Although weak loan demand is a problem for Singapore' s banks, Barclays believes the outlook for next year is somewhat rosier.
" We believe loan yields will remain stable over the next few quarters with potential upside when US interest rates rise. Moreover, market-related fee income could potentially pick up in 4Q15 after the sharp equity market correction and weak investor sentiment in 3Q15, in our view, " Barclays says.
It has an " overweight" rating on DBS Group Holdings (Valuation: 2.25, Fundamental: 2.00) and " equalweight" rating on United Overseas Bank (Valuation: 2.25, Fundamental: 2.20).
$$$$$ in CPF better off ????
CPF rates maintained for first quarter 2016
http://www.theedgemarkets.com/sg/article/cpf-rates-maintained-first-quarter-2016
SINGAPORE (Nov 30): Central Provident Fund (CPF) members will continue to earn interest rates of up to 3.5% per annum for money in their Ordinary Account (OA), and up to 5% per annum on their Special and Medisave Accounts (SMA) in the first quarter of 2016, says a joint press statement by CPF Board and Housing & Development Board.
CPF members will also earn up to 5% per annum on their Retirement Account (RA) monies in 2016. These interest rates include an extra 1% interest paid on the first $60,000 of a member&rsquo s combined balances (with up to $20,000 from the OA) which is part of the Government&rsquo s efforts to enhance the retirement savings of CPF members.
CPF members aged 55 and above will also earn an additional 1% extra interest on the first $30,000 of their combined balances from January 2016. This is paid over and above the current extra 1% interest that is earned on the first $60,000 of their combined balances. As a result, CPF members aged 55 and above will earn up to 6% interest per year on their retirement balances.
The OA interest rate will be maintained at 2.5% per annum from 1 January 2016 to 31 March 2016, as the computed rate of 0.21% is lower than the legislated minimum interest rate. Correspondingly, the concessionary interest rate for HDB mortgage loans, which is pegged at 0.1% above the OA interest rate, will remain unchanged at 2.6% per annum from 1 January 2016 to 31 March 2016.
Today' s ST forum page - another victim of Bank customer become victim of ' structured' (read ' cheating' ) product sold by local bank (guess who). Inspite of so much that have been written about how MAS has taken measures to safeguard retail investors, nothing much has changed, has it? Their modus operandi is still the same - no prospectus given, very complicated structured financial language which the banks representive will explain (wrongly at times) and when it explodes, they meaning the Banks, MAS, Fidrec say- you signed so caveat emptor, period. The banker who sold and explained to you the promotion material will make himself scarce or disappear, the bank won' t let him be your witness.
So be warned or be sorry later.
Qanghoo ( Date: 19-Nov-2015 12:03) Posted:
Spore paid 1.6 bil for POSB HK paid 9.6 bil for DHB. Now maybe some understand better why so many are disgruntled with them. Why I keep poking fun of them?
junction ( Date: 19-Nov-2015 11:03) Posted:
Don' t ever trust any bank when they offer you a product, more so DBS as records show they have destroyed the good name of POSB when they sold structured products in the heartlands and then refused to take responsibility for misselling but they compensated Hong Kong investors who buy similar products. Who are the POSB heartlanders? - the poor, retirees and the uneducated in complicated financial products and DBS was the only local bank to be so merciless in Singapore but dared not fight the HK retail investors.
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Under spore law, I believe, the banks cannot be taken over by foreign entities - (only x%). So, no need this special treatment for dbs one. N if u remember, POSB almost went into oblivion after going to dbs. But the protests were too strong they had to u-turn
FATABA ( Date: 19-Nov-2015 12:12) Posted:
POSB and DBS are own household name and VERY singaporean. We dont want to end up like F& N .
The world is global....if not careful...someone will just buy u over.
Its certainly saver to have POSB in the hands of DBS ( where Temasek is a major shareholder. ) If any hostile takeover, at least u have to fight DBS.
As for service etc.....note..SC, etc better....COST and profit for shareholders etc etc are ALL part of the need of a listed company.
At least DBS is one the better if not best in SEAsia.....pound of our OWN Singapore banks. ))
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POSB and DBS are own household name and VERY singaporean. We dont want to end up like F& N .
The world is global....if not careful...someone will just buy u over.
Its certainly saver to have POSB in the hands of DBS ( where Temasek is a major shareholder. ) If any hostile takeover, at least u have to fight DBS.
As for service etc.....note..SC, etc better....COST and profit for shareholders etc etc are ALL part of the need of a listed company.
At least DBS is one the better if not best in SEAsia.....pound of our OWN Singapore banks. ))
Spore paid 1.6 bil for POSB HK paid 9.6 bil for DHB. Now maybe some understand better why so many are disgruntled with them. Why I keep poking fun of them?
junction ( Date: 19-Nov-2015 11:03) Posted:
Don' t ever trust any bank when they offer you a product, more so DBS as records show they have destroyed the good name of POSB when they sold structured products in the heartlands and then refused to take responsibility for misselling but they compensated Hong Kong investors who buy similar products. Who are the POSB heartlanders? - the poor, retirees and the uneducated in complicated financial products and DBS was the only local bank to be so merciless in Singapore but dared not fight the HK retail investors.
Qanghoo ( Date: 18-Nov-2015 20:59) Posted:
Brother, this one they say one not I say one. So, I just make fun of them cos if u' re neighbours first, u might forget who u really are .... n that might be the problem. I made it clear to them time n again they' re not my preferred banking partner. But as an investment target, I think they are solid. Landed POSB not only for an enviable px but for that mouth-watering h/loan portfolio too. N although they seemed to have balanced it off by paying 3.3xbook for Dao Heng Bank, n ended up having to write off abt 1 bil, they are still standing strong. In fact, my take is that the acquisition of POSB has entrenched their position as a local banking player tremendously, n they' d stand to benefit in a rising interest-rate environment. So, I always say if there' s a stampede to dump their shares for some seemingly unknown reason that happens ever so often in this crap mkt, just hop lor.
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Don' t ever trust any bank when they offer you a product, more so DBS as records show they have destroyed the good name of POSB when they sold structured products in the heartlands and then refused to take responsibility for misselling but they compensated Hong Kong investors who buy similar products. Who are the POSB heartlanders? - the poor, retirees and the uneducated in complicated financial products and DBS was the only local bank to be so merciless in Singapore but dared not fight the HK retail investors.
Qanghoo ( Date: 18-Nov-2015 20:59) Posted:
Brother, this one they say one not I say one. So, I just make fun of them cos if u' re neighbours first, u might forget who u really are .... n that might be the problem. I made it clear to them time n again they' re not my preferred banking partner. But as an investment target, I think they are solid. Landed POSB not only for an enviable px but for that mouth-watering h/loan portfolio too. N although they seemed to have balanced it off by paying 3.3xbook for Dao Heng Bank, n ended up having to write off abt 1 bil, they are still standing strong. In fact, my take is that the acquisition of POSB has entrenched their position as a local banking player tremendously, n they' d stand to benefit in a rising interest-rate environment. So, I always say if there' s a stampede to dump their shares for some seemingly unknown reason that happens ever so often in this crap mkt, just hop lor.
hlfoo2010 ( Date: 18-Nov-2015 13:52) Posted:
Car loan not neighbour talk .
Worst than SMRT service
Stool Price/ $165 only
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Brother, this one they say one not I say one. So, I just make fun of them cos if u' re neighbours first, u might forget who u really are .... n that might be the problem. I made it clear to them time n again they' re not my preferred banking partner. But as an investment target, I think they are solid. Landed POSB not only for an enviable px but for that mouth-watering h/loan portfolio too. N although they seemed to have balanced it off by paying 3.3xbook for Dao Heng Bank, n ended up having to write off abt 1 bil, they are still standing strong. In fact, my take is that the acquisition of POSB has entrenched their position as a local banking player tremendously, n they' d stand to benefit in a rising interest-rate environment. So, I always say if there' s a stampede to dump their shares for some seemingly unknown reason that happens ever so often in this crap mkt, just hop lor.
hlfoo2010 ( Date: 18-Nov-2015 13:52) Posted:
Car loan not neighbour talk .
Worst than SMRT service
Stool Price/ $165 only
Qanghoo ( Date: 18-Nov-2015 09:59) Posted:
Bcos neighbours first, bankers second mah. Neighbours talk where got sit down one.
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