DBS    Last:64.22    -0.83

DBS

CK moving these bank stocks.  There is always one big push or pull at opening, and another delivered at closing, usually in opp directions but humongous quantity too big for retailers.     Need to hibernate and wait for results.

10 Feb.

SG mkt is manipulated by CKs.    Fact of life.

In the FX mkt, the biggest CKs are the central banks.    Sneaky Swiss National Bank has been buying Euros and dumping USD and Francs to keep their exports competitive without losing control of the brakes.  Biggest CK in the world. hehe.

 

OCBC already broken through super resistance....when is your turn DBS to move

 

Another red day for DBS......what funds are trying to do

 

Americans are peddling Bank of America.    You compare it with DBS.

Which would you rather own?

A bank that is swamped with compliance issues, fine after fine, probe after probe.  Or one that is clean?

And analysts in Seeking Alpha are peddling Bank of America day after day.      One fine day, all the lights will be on DBS when it breaks through feat after feat of profit growth.

 

 

Holding on well.....soon

 

Waiting for the Big Run

 

What is the game plan for DBS now.....price goes up and close to bottom of the day

 

Buy already, close your eyes and check the price after Feb10, hehe.   

Kyoto2008      ( Date: 23-Jan-2015 12:20) Posted: All clear to sail upwards. I see increasingly larger parcels being bought up, possibly funds coming in.    Once it clears the resistance, 21 first, then 24.

 

All clear to sail upwards.

I see increasingly larger parcels being bought up, possibly funds coming in.    Once it clears the resistance, 21 first, then 24.

 

From now to Feb 10, the volatility could still be there, but it looks like DBS' s path is still an uptrend one.  So 21, then 24!  Hehe.

Immortal      ( Date: 20-Jan-2015 23:24) Posted: I only look at price and channel. I like what I see and I like 21.5.

 

I only look at price and channel. I like what I see and I like 21.5.

 

Boh bullish divergence, all I see is 19.80 is strong support and price is now above.

As far as chart is concerned, don have any clues as the price of DBS swings up one day and down another without warning.    In fact, there are resistance points at 19.95 and 20.1 so price may move sideways.

Just buy up and don look at the price until after Feb 10 when results are announced.      The stock is on and uptrend.

famouspinky      ( Date: 20-Jan-2015 22:40) Posted: Something wrong with his eyes lol Kyoto2008      ( Date: 20-Jan-2015 21:58) Posted: Took a close look, was wondering what you saw.      Is it bullish divergence on the MACD?

 

Something wrong with his eyes lol

Kyoto2008      ( Date: 20-Jan-2015 21:58) Posted: Took a close look, was wondering what you saw.      Is it bullish divergence on the MACD?   Immortal      ( Date: 20-Jan-2015 18:59) Posted: OG! Just saw something magical in DBS chart......21.5 I see you there!

 

Took a close look, was wondering what you saw.      Is it bullish divergence on the MACD?


 

Immortal      ( Date: 20-Jan-2015 18:59) Posted: OG! Just saw something magical in DBS chart......21.5 I see you there!

 

Just keep buying DBS.    Next month then check price.    When fund houses come in, DBS will be up like a rocket.

 

OG! Just saw something magical in DBS chart......21.5 I see you there!

 

What happened? DBS still got legs to sprint?

 

the other banks?

OCBC may have some risks with the next results announcements as Wing Hang could spring surprises.  Avoid.

UOB - in my opinion, it' s become a cowboy bank taking too much risk.    Look at the way it handled the Sentosa loans, how did it manage to get so easily " conned" ?   Management issue.   Avoid. 

DBS will benefit most from interest rates increase.  Only need to focus on one bank, buy DBS.   It will hit $24 soon.  

 

The sales mix tell a lot about DBS.

It is strongest in institutional banking, two big events will help.  European recovery through QE which will come.   US recovery already underway.

Shift from mass market consumer banking to focus on private banking growth.    DBS bought Soc Generale' s private banking arm in Asia.    Private banking will grow at phenomenal rates in SG. 

Treasury is going negative on growth, but that' s alright, as it is a business wrought with risks.    Rather they don' t do too many derivatives and run the bank down like Barings.  So it' s okay to be small in treasury and big in the mainstay banking business line.

Next, move to regions.

These sales figures should be onshore revenues.    Crossborder revenues for China should be a lot higher but as the CEO has said before, their exposures to China are mostly trade (which is short term max 180 days, usually 90 days) essential goods. So DBS has good credit control.      Remember they were not hit by the trade fraud in China, SCB was badly mauled resulting now in massive closures of biz and retrenchments. Hong Kong has stabilised, earnings should not be impacted, Beijing stands behind the CEO, Leung, and order is back in the streets.   

DBS has all the makings of a fast growing stock.    Definitely a must have in anyone' s portfolio.

Kyoto2008      ( Date: 18-Jan-2015 16:01) Posted: Sales mix. Kyoto2008      ( Date: 18-Jan-2015 15:33) Posted: Earnings expected to spiral upwards, see 2016 and 2017 prospective earnings.  Yield is decent more than 3.5% (nowhere going to get this from FD in the next years), PE (now at 11.8) is extremely low for a high growth stock.       Funds will be buying into it soon.    Results expected Feb 10 or 13?

 

Sales mix.

Kyoto2008      ( Date: 18-Jan-2015 15:33) Posted: Earnings expected to spiral upwards, see 2016 and 2017 prospective earnings.  Yield is decent more than 3.5% (nowhere going to get this from FD in the next years), PE (now at 11.8) is extremely low for a high growth stock.       Funds will be buying into it soon.    Results expected Feb 10 or 13?