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limkt009 Master	08-Feb-2018 16:19        limkt009 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Watch your front, grab $$$$$$$$ at your own time"
x 0   x 0  Alert Admin	Very high chance px can go up to S$33-35 soon. leex0025      ( Date: 08-Feb-2018 16:13) Posted: HUAT AH! limkt009      ( Date: 08-Feb-2018 15:23) Posted: DBS will pay annual dividend of S$1.20 per share from FY18
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gchan516 Master	08-Feb-2018 16:18        gchan516 About Contact  Quote this Post!
x 0   x 0  Alert Admin	BOOMZ
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leex0025 Senior	08-Feb-2018 16:13        leex0025 About Contact  Quote this Post!
x 0   x 0  Alert Admin	HUAT AH! limkt009      ( Date: 08-Feb-2018 15:23) Posted: DBS will pay annual dividend of S$1.20 per share from FY18
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limkt009 Master	08-Feb-2018 15:23        limkt009 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Watch your front, grab $$$$$$$$ at your own time"
x 0   x 0  Alert Admin	DBS will pay annual dividend of S$1.20 per share from FY18
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limkt009 Master	08-Feb-2018 09:53        limkt009 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Watch your front, grab $$$$$$$$ at your own time"
x 0   x 0  Alert Admin	Hopefully by tehm marching towards S$33-35. leex0025      ( Date: 08-Feb-2018 09:50) Posted: so is everyone holding on till ex date? WanSiTong      ( Date: 08-Feb-2018 09:41) Posted: XD : 3/5/18
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leex0025 Senior	08-Feb-2018 09:50        leex0025 About Contact  Quote this Post!
x 0   x 0  Alert Admin	so is everyone holding on till ex date? WanSiTong      ( Date: 08-Feb-2018 09:41) Posted: XD : 3/5/18
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WanSiTong Supreme	08-Feb-2018 09:41        WanSiTong About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	XD : 3/5/18
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FATABA Supreme	08-Feb-2018 09:15        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Long way more to XD ..... Alrdy STI push up 30 pts mainly due to banks ......WELCOME great news from DBS .....aro double for year end dividend and this special 50c dividend.....wow. Market and funds just love it. FATABA      ( Date: 08-Feb-2018 08:47) Posted: DBS posted a record set of result for 4th QTR.... a boost to STI today . On top of this a SPECIAL one time dividend of 50c ....and normal dividend incresed to 60c  ......WOW what a 50th anniv celebration. Happy happy investing.
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Goldfinger Supreme	08-Feb-2018 09:10        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Looks like the market loves the good news for DBS.  Everything else gets dragged up in return.
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wehuattogether88 Supreme	08-Feb-2018 08:50        wehuattogether88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	pre trading done at $25.72, will go higher when trading starts
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FATABA Supreme	08-Feb-2018 08:47        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	DBS posted a record set of result for 4th QTR.... a boost to STI today . On top of this a SPECIAL one time dividend of 50c ....and normal dividend incresed to 60c  ......WOW what a 50th anniv celebration. Happy happy investing.
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famouspinky Supreme	08-Feb-2018 07:57        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	Or stupidity. famouspinky      ( Date: 08-Feb-2018 07:53) Posted: Case of mis used social media. Goldfinger      ( Date: 08-Feb-2018 07:47) Posted: What?s the bad news? I only saw very good ones..
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chanbs Elite	08-Feb-2018 07:53        chanbs About Contact  Quote this Post!
x 0   x 0  Alert Admin	WOW !
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famouspinky Supreme	08-Feb-2018 07:53        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	Case of mis used social media. Goldfinger      ( Date: 08-Feb-2018 07:47) Posted: What?s the bad news? I only saw very good ones..$ investshare      ( Date: 08-Feb-2018 07:42) Posted: Have you read the results announcement
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Goldfinger Supreme	08-Feb-2018 07:47        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	What?s the bad news? I only saw very good ones..$ investshare      ( Date: 08-Feb-2018 07:42) Posted: Have you read the results announcement? famouspinky      ( Date: 08-Feb-2018 07:34) Posted: 👍
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investshare Supreme	08-Feb-2018 07:42        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	Have you read the results announcement? famouspinky      ( Date: 08-Feb-2018 07:34) Posted: 👍 vivivava      ( Date: 18-Jan-2018 11:59) Posted: The recent upturn in Singapore economy led to a surge in local banks&rsquo share price. Generally seen as the bellwether of the economy, bank stocks are extremely sensitive to economy conditions. South-East Asia largest bank, DBS, is no exception. The share price stormed to record high of $26.60, an impressive level not seen even during the boom years preceding the Great Financial Crisis. The power surge of the share price had created much wealth for many wealth builders, including DBS CEO who bought 200,000 shares for $2.8 million in February 2016. For the man in the street, $2.8 million is lot of money. But for Piyush Gupta, his annual pay package in FY2016 was already $8.4 million. His purchase of DBS shares back then was driven by his conviction that the shares were grossly undervalued. Indeed, his move was vindicated as the bank&rsquo s share price climbed by almost 100% within two years. If Gupta had held the shares from February 2016 till now, he would have made a profit of almost $2.8 million. With the bullish form of the share price, it is indeed tempting to purchase DBS shares. However, it is important to review the financial performance and assess whether the price is worth the value. After all, price is what you pay and value is what you get when it comes to stock investing. DBS financial performance 3Q2017 To be honest, the third quarter 2017 results had been disappointing for DBS, not least because of the toxic loans issued to the ailing oil and gas companies. Although it is easy to use the allowances and non-performing loans as scapegoats for the dismal performance, the management should take some blame for not diversifying the revenue sources like what OCBC had done. Net profit for third quarter 2017 was $822 million. The profit had been dragged down by significant net allowances of $815 million as residual weak oil and gas support services exposures were classified as non-performing assets (NPAs). As compared to OCBC&rsquo s net profit of $1.06 billion for third quarter 2017, DBS&rsquo financial performance was of course inferior. But the question at the back of many investors&rsquo mind should be whether DBS has managed to contain the festering wound of toxic loans issued to oil and gas companies. Make no mistake, both DBS and OCBC had about the same amount of NPA &ndash $3 billion. But it seems pretty annoying that DBS had to keep making allowances for NPAs. The allowance charge of $815 million for the quarter represented an explosive  increase of 87% year-on-year. Such statistics really doesn&rsquo t inspire much confidence for investors. As at 30 September 2017, oil and gas support services non-performing assets for DBS amounted to $3.0 billion, for which cumulative specific allowances of $1.5 billion have been made. If the oil slump persisted in 2018, DBS still has outstanding specific allowances of $1.5 billion. To be more conservative, I would expect a few more quarters of additional allowance charges before the situation stabilized for DBS. It is still early to claim that the nightmare of the oil slump is over. Of course, it is not all doom and gloom for DBS. Net interest income rose to $1.975 billion for third quarter 2017, an increase of 9% year-on-year. For those who are unfamiliar with the banking industry, net interest income is a key metric for reviewing bank&rsquo s financial performance. It is the margin earned by banks arising from the difference between revenues generated by interest-bearing assets and the cost of servicing the liabilities. To explain in layman terms, when you deposit your income into your bank saving account, there will be saving interests given to you. From the bank&rsquo s perspective, the interests given to you are a form of liability. To cover the interest costs, the bank would have to use your money to generate a return higher than your saving interests in order to cover the costs. To do so, one of the simplest ways is to lend out the money to other customers through housing and business loans. Could 2018 be a boom year? Financial data indicated strong business momentum for DBS. Compared to the previous quarter, total income was 5% higher, led by growth in net interest income and fee income. Year-on-year basis, net interest income increased 9% to $1.98 billion. Loans rose 8% or $24 billion to $314 billion, which included $6 billion from the consolidation of the Singapore, Hong Kong and China operations of the wealth management and retail banking business acquired from ANZ. Given that underlying growth was broad-based across corporate, trade and Singapore housing loans, DBS performance for third quarter 2017 would have been pretty decent if not for the allowances. Cash flow was a negative $4.1 billion for third quarter 2017. This means that the operating activities burned up $4.1 billion instead of generating cash. The outflow was due to higher loans issued to customers, bank and corporate securities. Whether the loans would turn out to be assets or non-performing assets depend largely on the rate of interest hikes and business condition in 2018. If customers were unable to repay the loan, then DBS would be hit for sure. But I am cautiously optimistic that the business climate would be moderately bullish for 2018, so DBS&rsquo loan exposure should be healthy. In 2016, DBS net asset value (NAV) was only $16.68 and it made sense for the CEO to purchase the bank shares at $13.88. With the current price at $26 level, the potential for upside is limited as the NAV is merely $17.40. It seems that the share price has gone up fast and furious. My analysis could be wrong. After all, in an inflated environment, even a mediocre performance could fuel share price to an absurd level. But whether such price is sustainable remains to be seen. You don&rsquo t want to be caught with your pants down when the music stopped. Thus, it is important to set safety margins and determine the entry levels you are comfortable with. The challenges ahead Under Gupta&rsquo s helm, DBS has grown reasonably well since the Great Financial Crisis in 2009. Revenue rose from $8.3 billion in 2013 to cross the $10 billion mark in both 2015 and 2016. But the achievement came at price as DBS was fined $1 million by Monetary Authority of Singapore (MAS) in 2016 for lapse in control of money laundering. In the aftermath of the stunning collapse of Swiber Group, DBS was also forced to admit that its loan exposure to Swiber amounted to $700 million and that it expected to recover about only half the amount. The reason for the loan exposure being so concentrated to one company is beyond me. After all, this is DBS, the largest bank in South-East Asia. To be frank, Swiber is not even in the league of Keppel or SembCorp. In this regard, my opinion is that DBS management should strengthen the risk management on the loan exposure and raise the quality of the loan portfolio. In conclusion, I am not convinced that the coast is clear to invest in DBS shares at the moment. The management has not demonstrated that it has mitigated the downside risks effectively. Even if so, the price has run up so high that potential for upside is limited as well. Gupta has made his millions already. What makes you think that he would let you join in the fun? Don&rsquo t assume that you can swim with the whales. SG WEALTH BUILDER
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famouspinky Supreme	08-Feb-2018 07:34        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	👍 vivivava      ( Date: 18-Jan-2018 11:59) Posted: The recent upturn in Singapore economy led to a surge in local banks&rsquo share price. Generally seen as the bellwether of the economy, bank stocks are extremely sensitive to economy conditions. South-East Asia largest bank, DBS, is no exception. The share price stormed to record high of $26.60, an impressive level not seen even during the boom years preceding the Great Financial Crisis. The power surge of the share price had created much wealth for many wealth builders, including DBS CEO who bought 200,000 shares for $2.8 million in February 2016. For the man in the street, $2.8 million is lot of money. But for Piyush Gupta, his annual pay package in FY2016 was already $8.4 million. His purchase of DBS shares back then was driven by his conviction that the shares were grossly undervalued. Indeed, his move was vindicated as the bank&rsquo s share price climbed by almost 100% within two years. If Gupta had held the shares from February 2016 till now, he would have made a profit of almost $2.8 million. With the bullish form of the share price, it is indeed tempting to purchase DBS shares. However, it is important to review the financial performance and assess whether the price is worth the value. After all, price is what you pay and value is what you get when it comes to stock investing. DBS financial performance 3Q2017 To be honest, the third quarter 2017 results had been disappointing for DBS, not least because of the toxic loans issued to the ailing oil and gas companies. Although it is easy to use the allowances and non-performing loans as scapegoats for the dismal performance, the management should take some blame for not diversifying the revenue sources like what OCBC had done. Net profit for third quarter 2017 was $822 million. The profit had been dragged down by significant net allowances of $815 million as residual weak oil and gas support services exposures were classified as non-performing assets (NPAs). As compared to OCBC&rsquo s net profit of $1.06 billion for third quarter 2017, DBS&rsquo financial performance was of course inferior. But the question at the back of many investors&rsquo mind should be whether DBS has managed to contain the festering wound of toxic loans issued to oil and gas companies. Make no mistake, both DBS and OCBC had about the same amount of NPA &ndash $3 billion. But it seems pretty annoying that DBS had to keep making allowances for NPAs. The allowance charge of $815 million for the quarter represented an explosive  increase of 87% year-on-year. Such statistics really doesn&rsquo t inspire much confidence for investors. As at 30 September 2017, oil and gas support services non-performing assets for DBS amounted to $3.0 billion, for which cumulative specific allowances of $1.5 billion have been made. If the oil slump persisted in 2018, DBS still has outstanding specific allowances of $1.5 billion. To be more conservative, I would expect a few more quarters of additional allowance charges before the situation stabilized for DBS. It is still early to claim that the nightmare of the oil slump is over. Of course, it is not all doom and gloom for DBS. Net interest income rose to $1.975 billion for third quarter 2017, an increase of 9% year-on-year. For those who are unfamiliar with the banking industry, net interest income is a key metric for reviewing bank&rsquo s financial performance. It is the margin earned by banks arising from the difference between revenues generated by interest-bearing assets and the cost of servicing the liabilities. To explain in layman terms, when you deposit your income into your bank saving account, there will be saving interests given to you. From the bank&rsquo s perspective, the interests given to you are a form of liability. To cover the interest costs, the bank would have to use your money to generate a return higher than your saving interests in order to cover the costs. To do so, one of the simplest ways is to lend out the money to other customers through housing and business loans. Could 2018 be a boom year? Financial data indicated strong business momentum for DBS. Compared to the previous quarter, total income was 5% higher, led by growth in net interest income and fee income. Year-on-year basis, net interest income increased 9% to $1.98 billion. Loans rose 8% or $24 billion to $314 billion, which included $6 billion from the consolidation of the Singapore, Hong Kong and China operations of the wealth management and retail banking business acquired from ANZ. Given that underlying growth was broad-based across corporate, trade and Singapore housing loans, DBS performance for third quarter 2017 would have been pretty decent if not for the allowances. Cash flow was a negative $4.1 billion for third quarter 2017. This means that the operating activities burned up $4.1 billion instead of generating cash. The outflow was due to higher loans issued to customers, bank and corporate securities. Whether the loans would turn out to be assets or non-performing assets depend largely on the rate of interest hikes and business condition in 2018. If customers were unable to repay the loan, then DBS would be hit for sure. But I am cautiously optimistic that the business climate would be moderately bullish for 2018, so DBS&rsquo loan exposure should be healthy. In 2016, DBS net asset value (NAV) was only $16.68 and it made sense for the CEO to purchase the bank shares at $13.88. With the current price at $26 level, the potential for upside is limited as the NAV is merely $17.40. It seems that the share price has gone up fast and furious. My analysis could be wrong. After all, in an inflated environment, even a mediocre performance could fuel share price to an absurd level. But whether such price is sustainable remains to be seen. You don&rsquo t want to be caught with your pants down when the music stopped. Thus, it is important to set safety margins and determine the entry levels you are comfortable with. The challenges ahead Under Gupta&rsquo s helm, DBS has grown reasonably well since the Great Financial Crisis in 2009. Revenue rose from $8.3 billion in 2013 to cross the $10 billion mark in both 2015 and 2016. But the achievement came at price as DBS was fined $1 million by Monetary Authority of Singapore (MAS) in 2016 for lapse in control of money laundering. In the aftermath of the stunning collapse of Swiber Group, DBS was also forced to admit that its loan exposure to Swiber amounted to $700 million and that it expected to recover about only half the amount. The reason for the loan exposure being so concentrated to one company is beyond me. After all, this is DBS, the largest bank in South-East Asia. To be frank, Swiber is not even in the league of Keppel or SembCorp. In this regard, my opinion is that DBS management should strengthen the risk management on the loan exposure and raise the quality of the loan portfolio. In conclusion, I am not convinced that the coast is clear to invest in DBS shares at the moment. The management has not demonstrated that it has mitigated the downside risks effectively. Even if so, the price has run up so high that potential for upside is limited as well. Gupta has made his millions already. What makes you think that he would let you join in the fun? Don&rsquo t assume that you can swim with the whales. SG WEALTH BUILDER
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investshare Supreme	08-Feb-2018 06:59        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	Super goooood news!
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leex0025 Senior	18-Jan-2018 14:08        leex0025 About Contact  Quote this Post!
x 0   x 0  Alert Admin	why suddenly drop so much??
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vivivava Veteran	18-Jan-2018 11:59        vivivava About Contact  Quote this Post!
x 0   x 0  Alert Admin	The recent upturn in Singapore economy led to a surge in local banks&rsquo share price. Generally seen as the bellwether of the economy, bank stocks are extremely sensitive to economy conditions. South-East Asia largest bank, DBS, is no exception. The share price stormed to record high of $26.60, an impressive level not seen even during the boom years preceding the Great Financial Crisis. The power surge of the share price had created much wealth for many wealth builders, including DBS CEO who bought 200,000 shares for $2.8 million in February 2016. For the man in the street, $2.8 million is lot of money. But for Piyush Gupta, his annual pay package in FY2016 was already $8.4 million. His purchase of DBS shares back then was driven by his conviction that the shares were grossly undervalued. Indeed, his move was vindicated as the bank&rsquo s share price climbed by almost 100% within two years. If Gupta had held the shares from February 2016 till now, he would have made a profit of almost $2.8 million. With the bullish form of the share price, it is indeed tempting to purchase DBS shares. However, it is important to review the financial performance and assess whether the price is worth the value. After all, price is what you pay and value is what you get when it comes to stock investing. DBS financial performance 3Q2017 To be honest, the third quarter 2017 results had been disappointing for DBS, not least because of the toxic loans issued to the ailing oil and gas companies. Although it is easy to use the allowances and non-performing loans as scapegoats for the dismal performance, the management should take some blame for not diversifying the revenue sources like what OCBC had done. Net profit for third quarter 2017 was $822 million. The profit had been dragged down by significant net allowances of $815 million as residual weak oil and gas support services exposures were classified as non-performing assets (NPAs). As compared to OCBC&rsquo s net profit of $1.06 billion for third quarter 2017, DBS&rsquo financial performance was of course inferior. But the question at the back of many investors&rsquo mind should be whether DBS has managed to contain the festering wound of toxic loans issued to oil and gas companies. Make no mistake, both DBS and OCBC had about the same amount of NPA &ndash $3 billion. But it seems pretty annoying that DBS had to keep making allowances for NPAs. The allowance charge of $815 million for the quarter represented an explosive  increase of 87% year-on-year. Such statistics really doesn&rsquo t inspire much confidence for investors. As at 30 September 2017, oil and gas support services non-performing assets for DBS amounted to $3.0 billion, for which cumulative specific allowances of $1.5 billion have been made. If the oil slump persisted in 2018, DBS still has outstanding specific allowances of $1.5 billion. To be more conservative, I would expect a few more quarters of additional allowance charges before the situation stabilized for DBS. It is still early to claim that the nightmare of the oil slump is over. Of course, it is not all doom and gloom for DBS. Net interest income rose to $1.975 billion for third quarter 2017, an increase of 9% year-on-year. For those who are unfamiliar with the banking industry, net interest income is a key metric for reviewing bank&rsquo s financial performance. It is the margin earned by banks arising from the difference between revenues generated by interest-bearing assets and the cost of servicing the liabilities. To explain in layman terms, when you deposit your income into your bank saving account, there will be saving interests given to you. From the bank&rsquo s perspective, the interests given to you are a form of liability. To cover the interest costs, the bank would have to use your money to generate a return higher than your saving interests in order to cover the costs. To do so, one of the simplest ways is to lend out the money to other customers through housing and business loans. Could 2018 be a boom year? Financial data indicated strong business momentum for DBS. Compared to the previous quarter, total income was 5% higher, led by growth in net interest income and fee income. Year-on-year basis, net interest income increased 9% to $1.98 billion. Loans rose 8% or $24 billion to $314 billion, which included $6 billion from the consolidation of the Singapore, Hong Kong and China operations of the wealth management and retail banking business acquired from ANZ. Given that underlying growth was broad-based across corporate, trade and Singapore housing loans, DBS performance for third quarter 2017 would have been pretty decent if not for the allowances. Cash flow was a negative $4.1 billion for third quarter 2017. This means that the operating activities burned up $4.1 billion instead of generating cash. The outflow was due to higher loans issued to customers, bank and corporate securities. Whether the loans would turn out to be assets or non-performing assets depend largely on the rate of interest hikes and business condition in 2018. If customers were unable to repay the loan, then DBS would be hit for sure. But I am cautiously optimistic that the business climate would be moderately bullish for 2018, so DBS&rsquo loan exposure should be healthy. In 2016, DBS net asset value (NAV) was only $16.68 and it made sense for the CEO to purchase the bank shares at $13.88. With the current price at $26 level, the potential for upside is limited as the NAV is merely $17.40. It seems that the share price has gone up fast and furious. My analysis could be wrong. After all, in an inflated environment, even a mediocre performance could fuel share price to an absurd level. But whether such price is sustainable remains to be seen. You don&rsquo t want to be caught with your pants down when the music stopped. Thus, it is important to set safety margins and determine the entry levels you are comfortable with. The challenges ahead Under Gupta&rsquo s helm, DBS has grown reasonably well since the Great Financial Crisis in 2009. Revenue rose from $8.3 billion in 2013 to cross the $10 billion mark in both 2015 and 2016. But the achievement came at price as DBS was fined $1 million by Monetary Authority of Singapore (MAS) in 2016 for lapse in control of money laundering. In the aftermath of the stunning collapse of Swiber Group, DBS was also forced to admit that its loan exposure to Swiber amounted to $700 million and that it expected to recover about only half the amount. The reason for the loan exposure being so concentrated to one company is beyond me. After all, this is DBS, the largest bank in South-East Asia. To be frank, Swiber is not even in the league of Keppel or SembCorp. In this regard, my opinion is that DBS management should strengthen the risk management on the loan exposure and raise the quality of the loan portfolio. In conclusion, I am not convinced that the coast is clear to invest in DBS shares at the moment. The management has not demonstrated that it has mitigated the downside risks effectively. Even if so, the price has run up so high that potential for upside is limited as well. Gupta has made his millions already. What makes you think that he would let you join in the fun? Don&rsquo t assume that you can swim with the whales. SG WEALTH BUILDER
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