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News affecting Banks

Another question......how much DBS shares does the  Top Guy has now?......did it increase or decrease over the last 1 year?

 

Gd luck to those who don' t believe - n those who over believe (or over speculate or worse manipulate) who bumped the shares to perhaps beyond valuation in fthe first place).  Fundamentally, it' s not the bks' doing it' s those who have an ax to grind that cause it.  That is why share buybacks helps to some extent. 

Luzern      ( Date: 17-Sep-2018 17:20) Posted: The the price for believing in the Management? You see DBS from $30+ get hammered to S$24+...within a few months. Qanghoo      ( Date: 17-Sep-2018 17:15) Posted: Just remember .... after all the overheated rumouring  mongering at the beginning of 2017, the 1Q n FY16 result turned out to be normal to say the least.  Did the share px collapse?  Some wld have expected it to in fact, more likely hoping for it to.  But it has been on  a steady up trend since.  Gupta said at that time, " If I am kind, I' d say they are ignorant.  If I' m not, I' d say they have an axe to grind."   Doing share buyback during periods of excessive speculative selling n shorting helps to keep the share stable in the interests of all stakeholders, other than demonstrating the coy' s confidence in its shares, n I think a lot of shareholders wldn' t be averse to it.

 

Correct!    the inflow (new loans) just got hit by the Cooling measures ......40% to 60% (by my estimate) hit on (in DBS case) the  ~47% of total loan.  And this does not include the effect of trade war on the Greater China Loans.

Qanghoo      ( Date: 17-Sep-2018 17:18) Posted: It' s not as if no one knows abt this.  It' s a long term thing.  All one needs is inflow = outflow.  No issue.  N to ensure the equation balances is the management' s joh, like I' d said.  Over so many crises in the last 30 yrs, bks here have never failed to deliver in that sense.  Luzern      ( Date: 17-Sep-2018 17:12) Posted: Right....and the current loans does not mature or get paid off.........

 

The the price for believing in the Management? You see DBS from $30+ get hammered to S$24+...within a few months.

Qanghoo      ( Date: 17-Sep-2018 17:15) Posted: Just remember .... after all the overheated rumouring  mongering at the beginning of 2017, the 1Q n FY16 result turned out to be normal to say the least.  Did the share px collapse?  Some wld have expected it to in fact, more likely hoping for it to.  But it has been on  a steady up trend since.  Gupta said at that time, " If I am kind, I' d say they are ignorant.  If I' m not, I' d say they have an axe to grind."   Doing share buyback during periods of excessive speculative selling n shorting helps to keep the share stable in the interests of all stakeholders, other than demonstrating the coy' s confidence in its shares, n I think a lot of shareholders wldn' t be averse to it.  Luzern      ( Date: 17-Sep-2018 15:09) Posted: Wonder what is the motivation of the DBS share buy back Team?  So far they have spent pver S$227million in share buy backs in 2 months or so, at an average price of S$25.09.  At this rate they will run out of fund (limit) to do buy back before the FY is up.  Then what? call for a EGM to increase the buy back limit?  You can expect tough questions to be asked at the EGM in this less than ideal way of using the Funds and the oppotunity cost. Why not you do share buy back after Q4 where your bank price is really going to get hammered and probably nearing the bottom, ....say around $21+?  And if the price rebounces from there, you all will be heros from the many millions of profit you make for DBS.  At the current price, you guys are sitting on ~S$2.6millions of paper losses, on top of opportunity cost of S$13+million/yr (at 6% on S$227millions) IMO, DYOD

 

It' s not as if no one knows abt this.  It' s a long term thing.  All one needs is inflow = outflow.  No issue.  N to ensure the equation balances is the management' s joh, like I' d said.  Over so many crises in the last 30 yrs, bks here have never failed to deliver in that sense. 

Luzern      ( Date: 17-Sep-2018 17:12) Posted: Right....and the current loans does not mature or get paid off.........   Qanghoo      ( Date: 17-Sep-2018 17:01) Posted: I find this such a joke.  DBS will make 5 bil in FY 18+- even without additional loans to the constn sector n hsing loans.  It' s the loans already sewn up which wil continue tol contribute towards profitability.  For the excess funds, even if they are only to deploy 50% productively, it' d only and to profitability, not vice versa.

 

If you don' t know Trump and the other market Movers  and how the systems work........the many cause and effects, how do you play the stock market legally & profitably?

Qanghoo      ( Date: 17-Sep-2018 16:44) Posted: I don' t wanna read a mad duck.  Anyway, this thread is abt news affecting the listed bks, right.  For that, I' ve already given my 0cts worth.  People are just banding all sorts of scaring mongering.  Luzern      ( Date: 17-Sep-2018 16:18) Posted: You want to share with us what is your thought on Trump' s possible next move before i share mine

 

Just remember .... after all the overheated rumouring  mongering at the beginning of 2017, the 1Q n FY16 result turned out to be normal to say the least.  Did the share px collapse?  Some wld have expected it to in fact, more likely hoping for it to.  But it has been on  a steady up trend since.  Gupta said at that time, " If I am kind, I' d say they are ignorant.  If I' m not, I' d say they have an axe to grind."   Doing share buyback during periods of excessive speculative selling n shorting helps to keep the share stable in the interests of all stakeholders, other than demonstrating the coy' s confidence in its shares, n I think a lot of shareholders wldn' t be averse to it. 

Luzern      ( Date: 17-Sep-2018 15:09) Posted: Wonder what is the motivation of the DBS share buy back Team?  So far they have spent pver S$227million in share buy backs in 2 months or so, at an average price of S$25.09.  At this rate they will run out of fund (limit) to do buy back before the FY is up.  Then what? call for a EGM to increase the buy back limit?  You can expect tough questions to be asked at the EGM in this less than ideal way of using the Funds and the oppotunity cost. Why not you do share buy back after Q4 where your bank price is really going to get hammered and probably nearing the bottom, ....say around $21+?  And if the price rebounces from there, you all will be heros from the many millions of profit you make for DBS.  At the current price, you guys are sitting on ~S$2.6millions of paper losses, on top of opportunity cost of S$13+million/yr (at 6% on S$227millions) IMO, DYODD Luzern      ( Date: 14-Sep-2018 08:44) Posted: DBS Total Buy Back so far: 9,054,800 Estimated Average price: S$25.091 Estimated MOney Spend: S$227.195Millions Percentage of Max Buy Back allowed (51,277,414): 17.66%

 

Right....and the current loans does not mature or get paid off.........

 

Qanghoo      ( Date: 17-Sep-2018 17:01) Posted: I find this such a joke.  DBS will make 5 bil in FY 18+- even without additional loans to the constn sector n hsing loans.  It' s the loans already sewn up which wil continue tol contribute towards profitability.  For the excess funds, even if they are only to deploy 50% productively, it' d only and to profitability, not vice versa.  Luzern      ( Date: 17-Sep-2018 15:09) Posted: Wonder what is the motivation of the DBS share buy back Team?  So far they have spent pver S$227million in share buy backs in 2 months or so, at an average price of S$25.09.  At this rate they will run out of fund (limit) to do buy back before the FY is up.  Then what? call for a EGM to increase the buy back limit?  You can expect tough questions to be asked at the EGM in this less than ideal way of using the Funds and the oppotunity cost. Why not you do share buy back after Q4 where your bank price is really going to get hammered and probably nearing the bottom, ....say around $21+?  And if the price rebounces from there, you all will be heros from the many millions of profit you make for DBS.  At the current price, you guys are sitting on ~S$2.6millions of paper losses, on top of opportunity cost of S$13+million/yr (at 6% on S$227millions) IMO, DYOD

 

I find this such a joke.  DBS will make 5 bil in FY 18+- even without additional loans to the constn sector n hsing loans.  It' s the loans already sewn up which wil continue tol contribute towards profitability.  For the excess funds, even if they are only to deploy 50% productively, it' d only and to profitability, not vice versa. 

Luzern      ( Date: 17-Sep-2018 15:09) Posted: Wonder what is the motivation of the DBS share buy back Team?  So far they have spent pver S$227million in share buy backs in 2 months or so, at an average price of S$25.09.  At this rate they will run out of fund (limit) to do buy back before the FY is up.  Then what? call for a EGM to increase the buy back limit?  You can expect tough questions to be asked at the EGM in this less than ideal way of using the Funds and the oppotunity cost. Why not you do share buy back after Q4 where your bank price is really going to get hammered and probably nearing the bottom, ....say around $21+?  And if the price rebounces from there, you all will be heros from the many millions of profit you make for DBS.  At the current price, you guys are sitting on ~S$2.6millions of paper losses, on top of opportunity cost of S$13+million/yr (at 6% on S$227millions) IMO, DYODD Luzern      ( Date: 14-Sep-2018 08:44) Posted: DBS Total Buy Back so far: 9,054,800 Estimated Average price: S$25.091 Estimated MOney Spend: S$227.195Millions Percentage of Max Buy Back allowed (51,277,414): 17.66%

 

I don' t wanna read a mad duck.  Anyway, this thread is abt news affecting the listed bks, right.  For that, I' ve already given my 0cts worth.  People are just banding all sorts of scaring mongering. 

Luzern      ( Date: 17-Sep-2018 16:18) Posted: You want to share with us what is your thought on Trump' s possible next move before i share mine? Qanghoo      ( Date: 17-Sep-2018 09:02) Posted: URA release not out yet lah.  So don' t get carried away lah.    Release might be out later today though. N before reading too much into it, don' t forrget hungry ghost possibly skewing data from Aug/Sep.  Those who took any advice to dump bk stocks good luck

 

You want to share with us what is your thought on Trump' s possible next move before i share mine?

Qanghoo      ( Date: 17-Sep-2018 09:02) Posted: URA release not out yet lah.  So don' t get carried away lah.    Release might be out later today though. N before reading too much into it, don' t forrget hungry ghost possibly skewing data from Aug/Sep.  Those who took any advice to dump bk stocks good luck. Qanghoo      ( Date: 15-Sep-2018 11:28) Posted: where

 

SCMP
.........................................................

China and Hong Kong stocks fall as US set to slap US$200 billion in tariffs on Chinese goods

 

If I remembered corretly, Greater China accounts for~30% of total loan for DBS (~S$130B)  and OCBC & UOB average of about ~20% of total loan.

Luzern      ( Date: 17-Sep-2018 15:29) Posted: SCMP ........................... Companies scramble to hire as production shifts from China to cheaper Asian centres amid deepening trade war       PUBLISHED : Monday, 17 September, 2018, 8:30am UPDATED : Monday, 17 September, 2018, 11:19am

 

SCMP
...........................

Companies scramble to hire as production shifts from China to cheaper Asian centres amid deepening trade war

 

That is something they will need......or can always jump ship before AGM or EGM .........can get double digit pay increment somemore.......kekeke....

curious_moo      ( Date: 17-Sep-2018 15:24) Posted: All i can say is good luck to the team hahaha...   Luzern      ( Date: 17-Sep-2018 15:23) Posted: What you said is true as well, but from here till the recovery in DBS share price, someone will get " roasted" at AGM or EGM.

 

All i can say is good luck to the team hahaha...
 

Luzern      ( Date: 17-Sep-2018 15:23) Posted: What you said is true as well, but from here till the recovery in DBS share price, someone will get " roasted" at AGM or EGM.    curious_moo      ( Date: 17-Sep-2018 15:10) Posted: Perhaps the banks are not only thinking from thier point of view (i.e. to make money for the bank), they are also taking into consideration on the confidence level of their long term investors or prospect that is going to come along the way. I mean if they let their stock slide and only buy back during low low low levels, it creates a dent in the confidence level of retail/institute investors who are not pure " shortists" . If a company share is too volatile at such times, everyone will start throwing their shares on every low-mid risky news that emerge in future. This kind of damage is not very visible now, but might come back to haunt them in the future. From my perspective, i think the banks are looking at long terms outlook and not just shorterm gains to save a few millions. Some damage are intangible and needs to be properly handled. Also, a stable company will be more attractive to long term investors and thus a more stable outlook. You never know that in 1-2 years time when DBS is flying high at 40s, and we will come back to say they have made a good choice on their buyback schemes. Just my 2 cents, might be wrong thou.

 

What you said is true as well, but from here till the recovery in DBS share price, someone will get " roasted" at AGM or EGM. 
 

curious_moo      ( Date: 17-Sep-2018 15:10) Posted: Perhaps the banks are not only thinking from thier point of view (i.e. to make money for the bank), they are also taking into consideration on the confidence level of their long term investors or prospect that is going to come along the way. I mean if they let their stock slide and only buy back during low low low levels, it creates a dent in the confidence level of retail/institute investors who are not pure " shortists" . If a company share is too volatile at such times, everyone will start throwing their shares on every low-mid risky news that emerge in future. This kind of damage is not very visible now, but might come back to haunt them in the future. From my perspective, i think the banks are looking at long terms outlook and not just shorterm gains to save a few millions. Some damage are intangible and needs to be properly handled. Also, a stable company will be more attractive to long term investors and thus a more stable outlook. You never know that in 1-2 years time when DBS is flying high at 40s, and we will come back to say they have made a good choice on their buyback schemes. Just my 2 cents, might be wrong thou.   Luzern      ( Date: 17-Sep-2018 14:52) Posted: Wonder what is the motivation of the DBS share buy back Team?  So far they have spent pver S$227million in share buy backs in 2 months or so, at an average price of S$25.09.  At this rate they will run out of fund (limit) to do buy back before the FY is up.  Then what? call for a EGM to increase the buy back limit?  You can expect tough questions to be asked at the EGM in this less than ideal way of using the Funds and the oppotunity cost. Why not you do share buy back after Q4 where your bank price is really going to get hammered and probably nearing the bottom, ....say around $21+?  And if the price rebounces from there, you all will be heros from the many millions of profit you make for DBS.  At the current price, you guys are sitting on S$6+millions of paper losses, on top of opportunity cost of S$13+million/yr (at 6% on S$227millions) IMO, DYOD

 

Perhaps the banks are not only thinking from thier point of view (i.e. to make money for the bank), they are also taking into consideration on the confidence level of their long term investors or prospect that is going to come along the way. I mean if they let their stock slide and only buy back during low low low levels, it creates a dent in the confidence level of retail/institute investors who are not pure " shortists" . If a company share is too volatile at such times, everyone will start throwing their shares on every low-mid risky news that emerge in future. This kind of damage is not very visible now, but might come back to haunt them in the future.

From my perspective, i think the banks are looking at long terms outlook and not just shorterm gains to save a few millions. Some damage are intangible and needs to be properly handled.
Also, a stable company will be more attractive to long term investors and thus a more stable outlook.

You never know that in 1-2 years time when DBS is flying high at 40s, and we will come back to say they have made a good choice on their buyback schemes. Just my 2 cents, might be wrong thou.
 

Luzern      ( Date: 17-Sep-2018 14:52) Posted: Wonder what is the motivation of the DBS share buy back Team?  So far they have spent pver S$227million in share buy backs in 2 months or so, at an average price of S$25.09.  At this rate they will run out of fund (limit) to do buy back before the FY is up.  Then what? call for a EGM to increase the buy back limit?  You can expect tough questions to be asked at the EGM in this less than ideal way of using the Funds and the oppotunity cost. Why not you do share buy back after Q4 where your bank price is really going to get hammered and probably nearing the bottom, ....say around $21+?  And if the price rebounces from there, you all will be heros from the many millions of profit you make for DBS.  At the current price, you guys are sitting on S$6+millions of paper losses, on top of opportunity cost of S$13+million/yr (at 6% on S$227millions) IMO, DYODD Luzern      ( Date: 14-Sep-2018 08:44) Posted: DBS Total Buy Back so far: 9,054,800 Estimated Average price: S$25.091 Estimated MOney Spend: S$227.195Millions Percentage of Max Buy Back allowed (51,277,414): 17.66%

 

Wonder what is the motivation of the DBS share buy back Team?  So far they have spent pver S$227million in share buy backs in 2 months or so, at an average price of S$25.09. 

At this rate they will run out of fund (limit) to do buy back before the FY is up.  Then what? call for a EGM to increase the buy back limit?  You can expect tough questions to be asked at the EGM in this less than ideal way of using the Funds and the oppotunity cost.

Why not you do share buy back after Q4 where your bank price is really going to get hammered and probably nearing the bottom, ....say around $21+?  And if the price rebounces from there, you all will be heros from the many millions of profit you make for DBS.  At the current price, you guys are sitting on ~S$2.6millions of paper losses, on top of opportunity cost of S$13+million/yr (at 6% on S$227millions)

IMO, DYODD

Luzern      ( Date: 14-Sep-2018 08:44) Posted: DBS Total Buy Back so far: 9,054,800 Estimated Average price: S$25.091 Estimated MOney Spend: S$227.195Millions Percentage of Max Buy Back allowed (51,277,414): 17.66%

 

Compared to last august, its a 50% drop in sale. 

The Loans of the 3 banks to the Building and Comstruction and private property mortages accounts for 40%+ to 50%+ of total loan. 
So we can expect a drop in new loan to this segment of 40% to 60% from Q4 onwards?  Q3 will be cushioned by the last minute buying of property on 5th July.

No prize is guessing my new banks positions. 

Qanghoo      ( Date: 17-Sep-2018 09:02) Posted: URA release not out yet lah.  So don' t get carried away lah.    Release might be out later today though. N before reading too much into it, don' t forrget hungry ghost possibly skewing data from Aug/Sep.  Those who took any advice to dump bk stocks good luck. Qanghoo      ( Date: 15-Sep-2018 11:28) Posted: where