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DBS
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DBS
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KiLrOy
Elite |
12-Dec-2016 20:35
Yells: "I buy only what I can see." |
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Hong Kong arrests 29 in bribery probe linked to five financial institutions..... Monday' s statement came after  DBS Group Holdings  said last Friday that it was cooperating with Hong Kong authorities over an alleged leak of customer data. Hong Kong' s Apple Daily had reported that the bank' s employees were arrested for  allegedly bribing department managers to get the personal data of clients. ...... http://www.channelnewsasia.com/news/asiapacific/hong-kong-arrests-29-in-bribery-probe-linked-to-five-financial/3361640.html   |
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Qanghoo
Supreme |
12-Dec-2016 16:22
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Thx, brother.  I' ve often posted that ' analysts' write as if businesses do not proactively manage the challlenges facing their coys or their industry.  As for HK, my own view is that issues like these cld be more difficult to prevent than one thinks.  the $$$ laundering case was, to me, a lapse that cld have been more easily averted.  But when there' s collusion at different levels within an org (as ti appears to have been in DBSHK), then it' s a differrent story, no matter what preventive tricks from the rule books people  draw to minimise its occurence. 
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FATABA
Supreme |
12-Dec-2016 15:11
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Bro ,,,,U wld certainly recall when DBS was aro 16 ...many expert and comments ( here  ) about doom and calling DBS having many $B of debt. Many here were very negative and some even say can buy aro $12 or some ridiculars number. anyway, the debt is still there ( haha) ....all the negative articles are gone on O& G analyst....recent HK data leak surface ....wonder how many of them sold and trying hard to capitalise on this single piece of infor to RELOAD. ( lol) Whatever, I am positive and agree w you the high potential of hitting 5.3B in 2017. In the meantime , nejoy 2016 of 5B ...happy investing.  
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Immortal
Master |
12-Dec-2016 14:45
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Hope tomorrow can go down further | ||||
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Siwomp
Supreme |
12-Dec-2016 13:37
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I always ask the RM of banks this question when they try to sell me their investment.  " If the investment is so good, why aren' t your bank investing in it big time?"   and " Why would I pay someone to invest my money for 2+% - 3+% potential return when I can invest in say Singtel for ~4%, HLF for ~5% and Mapletree Reits for 5% - 7% return?"  
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famouspinky
Supreme |
12-Dec-2016 13:22
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250k for dbs treasures. RM will nvr recommend u this
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Immortal
Master |
12-Dec-2016 12:29
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Shiok go down more. Waiting for reentry | ||||
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Siwomp
Supreme |
12-Dec-2016 12:20
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Why put money in the Bank?  Go buy dividend (Blue blue chips) shares, the payout much better, on top of capital gain.
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hlfoo2010
Master |
12-Dec-2016 11:44
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" Sandi is going for more cut....Oil stay above 60 will be very possible in 2017 . DBS and our banks will benefit from this .  " Not sure this is the case. But I am sure my $ in the DBS bank deposit will be suffer very month,  |
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investshare
Supreme |
12-Dec-2016 10:53
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I hope it is not a special dividend, but a raise in normal dividend. Time to revise up dividend.
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Qanghoo
Supreme |
12-Dec-2016 09:53
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Problem for the downstream service providers in OnG is - where/when are the contracts coming again.  But if px does remain > 60 for, n shale does not spoil the party, then it cld look more +ve for them.  Then bkss' provisionings wld wld also scale back greatly n give an anded driver to bks' NPAT.  As it is, a rate hike wld likely drive SIBOR up, at least slightly, n drive up bks' profitability.  If everything turns out rosy as I' m posting, my sense is DBS NPAT cld reach 5.3 to 5.5 bil by end 17.  DYODD as always. TP of > 20/share shd then be reasonably attainable. 
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Siwomp
Supreme |
12-Dec-2016 09:53
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When I think of Lehman brothers, when I think of the  attemted hostile take over of OUB  (after the tremendous contribution to Singapore by the OUB  Founder) and now the data leak......  I rather do biz with the others like  Hong Leong and UOB.  That aside, (1) Oil price hike will benefits banks, esp those with troubled loans to the oil gas marine  industries. (2) interest rate hike will increase deposit/loan interest margin (3) rate hike will hit companies and individual with debts, esp those that are US$ denominated (double whammies % and Forex increases) (4) rate hike will slow down biz expansions
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famouspinky
Supreme |
12-Dec-2016 09:47
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What a way for the big boys to survive with low growth.
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FATABA
Supreme |
12-Dec-2016 09:41
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Sandi is going for more cut....Oil stay above 60 will be very possible in 2017 . DBS and our banks will benefit from this .
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famouspinky
Supreme |
12-Dec-2016 09:40
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Doing lots of unethical things for profits? How long more to go? It's not the best bank in the world. Only for sg Maybe? Sg already stepped on the tails of the 2 giants. With p&l of companies supporting this sg bank in red, how far can it go? Only strength now is using an Indian to open Rd in India.
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Siwomp
Supreme |
12-Dec-2016 09:38
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All Banks and Financials to benefit from a rate hike........ higher profit margin(between % pay to deposits and % charged for loans).  easily an increase of profit of 10s to 100s of millions.
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FATABA
Supreme |
12-Dec-2016 09:30
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At the end of the day ....investor look at the profit ....and DBS still stand at one of the best banks in this region. Look at all the fine ( billions) in oversea LARGE banks ....major currency mulipulation, false trade etc ( japn USA or Europe) People dont have memories for the big giants....but recall DBS smaller issue.  ( well be honest and apply same standard) Ratings and control of our local banks are far far better .....anyway ...its your own call and believe. LOL> Do you seriously think our DBS is much worst then this big giant .....let the share prices tell the story. Happy investing as this might be an opening below $18 ....before it rise.  Awaiitng Q4 result end Jan and a dividend for investor. DYODD ....:))  
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famouspinky
Supreme |
12-Dec-2016 09:26
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If all think carefully, Ur rms had been manipulating u with ur personal data and asking u to buy things which will lose money and very insistent. I should say destroying ones wealth instead of preservation of wealthe. Iif cannot make from u, will destroy u. Think carefully on this
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famouspinky
Supreme |
12-Dec-2016 09:22
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And ethics. No ethics and principles at ALL
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Siwomp
Supreme |
12-Dec-2016 09:17
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The damaged is on the intangibles.......reputation, trust, integrity..........why would i want to do biz with a bank that is lacking in some ways......there are plentity of Other Banks and Financials around.
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