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3 BIG Spore banks ....:))

second that, but knowing outright a biz is doomed to fail, will the banks be so generous to lend a helping hand, i sincerely doubt so

if some biz is beyond helf, it might as well let it fold.

Starship      ( Date: 30-Jul-2020 10:44) Posted: They have already been told to do national service so they must lend. That' s the reason MAS co-sharing the risk. But a 10% loss is still a loss even if MAS is co-sharing 90% of the loans. soonsoonhuat      ( Date: 30-Jul-2020 10:38) Posted: even with this mas directive, do u reasonably thin that banks willl be so magnanimous to lend out to those troubled firms? the accumulated earnings will be more if the div is capped at half, so barring any steep rise in loss provision, i only know that the banks reserves will be goin up

 

Its more of a buffer to beef up the cash reserves ratio. Honestly, im not overly concern if they dont pay much dividends. I be concerned if there is a run on bank.

ssw518      ( Date: 30-Jul-2020 10:45) Posted: Others ease money to encourage borrowing, MAS say tight div to keep more money to be loan out....meaning market needs more money to stay on business?

 

i think this time round, dbs will declare a final dividend of no more than 20 cts, making the whole year div at less than 86 cts ( previously 66 cts, and this time round could be in the region of 9cts to 15 cts), ie full yr dividend will be between 75 cts to 81 cts, which is 1/2 of the div payout last year, and this is in line with MAS' s directive

stand to be corrected.

 

Others ease money to encourage borrowing, MAS say tight div to keep more money to be loan out....meaning market needs more money to stay on business?

 

They have already been told to do national service so they must lend.
That' s the reason MAS co-sharing the risk.
But a 10% loss is still a loss even if MAS is co-sharing 90% of the loans.

soonsoonhuat      ( Date: 30-Jul-2020 10:38) Posted: even with this mas directive, do u reasonably thin that banks willl be so magnanimous to lend out to those troubled firms? the accumulated earnings will be more if the div is capped at half, so barring any steep rise in loss provision, i only know that the banks reserves will be goin up

 

6th aug, pre mkt opening, dbs will announce its 1/2 yearly results,

and from that we should have an inkling as to the overall picture of the banking sector in sg.

 

 

Just support DBS today 🥳 🥳

 

....when dow up sti crash...
when dow crash sti also crash.  ' kan...'

 

even with this mas directive, do u reasonably thin that banks willl be so magnanimous to lend out to those troubled firms?

the accumulated earnings will be more if the div is capped at half, so barring any steep rise in loss provision, i only know that the banks reserves will be goin up

 

the fed are the crooks, creating bubbles at least MAS is doing something right

Starship      ( Date: 30-Jul-2020 10:30) Posted: It' s as if MAS is executing a crash in the stock market.  Totally opposite fm the Fed!!!!!

 

The MAS stated clearly it wants the banks to use their money to Lend More.
Lend to businesses that are in danger now and later their losses become the banks' losses??? 

uiop1223      ( Date: 30-Jul-2020 09:23) Posted: Relax. Dont focus on dividends. If the company is solid, it will reflect in its share price. Having more cash now is to protect the banks for the uncertainty ahead. Do investors want high dividends followed by rights issue later?

 

It' s as if MAS is executing a crash in the stock market. 
Totally opposite fm the Fed!!!!!

 

I agree that they might hv  wait for after the q2 ....but only one bank is on quarterly dividend DBS....so means once committed the payout has to be carried out 
Precisely we dont know how bad is bad next 3/6 mths even ....so its prudent to be conservative / then too late to safe more capital ....ITS MAS decision please . 

Anyway , base on numbers, the banks is still giving above 3% yield at current prices. 
 

Vietshare      ( Date: 30-Jul-2020 09:51) Posted: If no one knows what' s going to happen in the future then why bother to be prudent or be sorry about?  By all account no bank has come forward with a very negative guidance only one bank mentiobed about uncertainty which translate to not really know what might transpired.  Therefore, gov should just let the next reporting cycle which is just around the corner and then decide, in coordination and acceptance by banks to take the necessary precaution.  Why jump the gun as if the gov knows all? FATABA      ( Date: 30-Jul-2020 09:44) Posted: ALL 3 banks are meeting n exceed the tier capital ratio needed.  And dividend payout is at aro 50% ratio  Which really means they can afford to pay diivdend.....BUT BUT  going forward ....who can predict how bad is the economy and HOW LONG more wld this pandemic last even w a vaccine ??  So its really prudent to conserve capital ....yes u may call it conservative ....but better be then sorry . Thanks

 

not countng if a 2nd or 3rd wave coming in .......Q2 maybe bad qtr that we can have due to the shut down duration for the qtr.
moving forward w no more shut down , it has to be better. 
Q2 is STILL profitable for all 3 banks n w cut dividend .....the ONLY main factor that affect the result is the provision set aside 
It not only affect the result it ALSO show the situation moving forward as the bank can see it more closely then us
DYODD

Siwomp      ( Date: 30-Jul-2020 09:37) Posted: --- Post Removed by User ---

 

If no one knows what' s going to happen in the future then why bother to be prudent or be sorry about?  By all account no bank has come forward with a very negative guidance only one bank mentiobed about uncertainty which translate to not really know what might transpired.  Therefore, gov should just let the next reporting cycle which is just around the corner and then decide, in coordination and acceptance by banks to take the necessary precaution.  Why jump the gun as if the gov knows all?

FATABA      ( Date: 30-Jul-2020 09:44) Posted: ALL 3 banks are meeting n exceed the tier capital ratio needed.  And dividend payout is at aro 50% ratio  Which really means they can afford to pay diivdend.....BUT BUT  going forward ....who can predict how bad is the economy and HOW LONG more wld this pandemic last even w a vaccine ??  So its really prudent to conserve capital ....yes u may call it conservative ....but better be then sorry . Thanks  Vietshare      ( Date: 30-Jul-2020 09:37) Posted: Well, if a company is solid then there is no need to interfere.  If share price is reflective of a solid company then a plunge like now does not support that theory.  My humble opinion is that our gov is fearful that they may have to rescue banks (like US and some Euro did during the sub-prime problem of 2008/9) should they falter and they want to avoid having to do that i.e. gov covers itself from any potential impact of the economy on banks

 

ALL 3 banks are meeting n exceed the tier capital ratio needed.  And dividend payout is at aro 50% ratio 
Which really means they can afford to pay diivdend.....BUT BUT 
going forward ....who can predict how bad is the economy and HOW LONG more wld this pandemic last even w a vaccine ?? 
So its really prudent to conserve capital ....yes u may call it conservative ....but better be then sorry .
Thanks 

Vietshare      ( Date: 30-Jul-2020 09:37) Posted: Well, if a company is solid then there is no need to interfere.  If share price is reflective of a solid company then a plunge like now does not support that theory.  My humble opinion is that our gov is fearful that they may have to rescue banks (like US and some Euro did during the sub-prime problem of 2008/9) should they falter and they want to avoid having to do that i.e. gov covers itself from any potential impact of the economy on banks! uiop1223      ( Date: 30-Jul-2020 09:23) Posted: Relax. Dont focus on dividends. If the company is solid, it will reflect in its share price. Having more cash now is to protect the banks for the uncertainty ahead. Do investors want high dividends followed by rights issue later?

 

Well, if a company is solid then there is no need to interfere.  If share price is reflective of a solid company then a plunge like now does not support that theory.  My humble opinion is that our gov is fearful that they may have to rescue banks (like US and some Euro did during the sub-prime problem of 2008/9) should they falter and they want to avoid having to do that i.e. gov covers itself from any potential impact of the economy on banks!

uiop1223      ( Date: 30-Jul-2020 09:23) Posted: Relax. Dont focus on dividends. If the company is solid, it will reflect in its share price. Having more cash now is to protect the banks for the uncertainty ahead. Do investors want high dividends followed by rights issue later?

 

All three banks drop like shit........properties next to short liao

 

Bro dont link Govn into this pls. Its a needed evil in this stormy crisis.  Always 2 side to a coin . Conserve of capital is also very important esp w bad loan n bankrupcy coming up>
Our banks need to fence of any other attacks ....dont forget they are the MOST price takeover target in this region .....
ALL 3 are still profitable n paying good dividend so far. 
Thanks 

Vietshare      ( Date: 30-Jul-2020 09:21) Posted: This is what happens when a government interferes with the free market, in this case, the banks - it causes their share prices to plunge.  This is exactly what is happening now to DBS, UOB and OCBC.  The problem is that the slide may not be the end as the Euro and US markets are still not opened. The problem with government interference is that it always have a negative impact to what it touches, and the gov. always think its for the better.  What usually happened is that, because of a plunge in share prices, it causes their worth or capital to get a hit as well, resulting in loss of confidence of those companies involved.  One can see that DBS got hit the worst because it is the goto bank for many international players, thus the higher trading vol and bigger swing in prices. Why can' t the gov see our local banks as well diversifed thus better equip to take hard knocks?  For example, OCBC has Great Eastern and land banks, UOB is interwined with UOL and Haw Par, and DBS is a holding group with testticles everywhere.  No, our gov always think we the people and big organizations need to be spoon fed (or controlled as some would suggest).

 

Relax. Dont focus on dividends. If the company is solid, it will reflect in its share price. Having more cash now is to protect the banks for the uncertainty ahead. Do investors want high dividends followed by rights issue later?