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DBS
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DBS
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Siwomp
Supreme |
12-Feb-2016 17:20
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Yes, we need to consider all possible angles, to increase our success rate... Huat Ah Bro/Sis!
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moron101
Supreme |
12-Feb-2016 17:19
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Warning: Bank counters going to be the latest victims in this world class SICK EXCHANGE. . | ||||
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Qanghoo
Supreme |
12-Feb-2016 17:13
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Yep, dyodd.  Consider the political backdrop too.  I standby what I posted though. 
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sun233
Elite |
12-Feb-2016 17:09
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What a bloodbath. Hey Piyush take a leaf out of Jaime Dimon' s book....... can buy stock your company stock or not. Back down to the price i first started accumulating. Damn should have sold out at 20.  |
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Siwomp
Supreme |
12-Feb-2016 17:06
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in Singapore
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Siwomp
Supreme |
12-Feb-2016 16:51
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I remembered a stroy of a certain ceo of an american mnc who had a company meeting to reassure the employees days before the major right sizing exercise...... maybe the hr was not ready or maybe the ceo was fed with the wrong msg...... locally, i recall the punggol east by election incident..... dyodd. | ||||
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Qanghoo
Supreme |
12-Feb-2016 16:43
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If it' s really gonna be that bad as that, wld the PM have given such a re-assuring message -  2009 crisis not expected? 
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FATABA
Supreme |
12-Feb-2016 16:40
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Let its coming result speak for itself.....awaiting patiently. |
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samudra
Veteran |
12-Feb-2016 16:40
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DBS ......................dam bloody slow |
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goldvision
Senior |
12-Feb-2016 16:33
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DBS = Drop Bird Shit Or Lak Jiao Sai | ||||
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goldvision
Senior |
12-Feb-2016 16:29
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DBS is like bird's droppings. It's falling everyday without fail. | ||||
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Qanghoo
Supreme |
12-Feb-2016 16:16
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a lot of speculative articles n opinions flying around.  U think there are gospel truth?  Even people who are claimed to have predicted earth-shaking events cld have their own agenda for whatever they do or say.  If there' s so much piling on this country, u think the authorities are doing nothing? 
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Siwomp
Supreme |
12-Feb-2016 16:10
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managed funds.
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Siwomp
Supreme |
12-Feb-2016 15:42
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if i remembered correctly, in 2014, more than half of our Trillion dollars management funds are from China. | ||||
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investshare
Supreme |
12-Feb-2016 15:40
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how? how? big crisis!!! |
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investshare
Supreme |
12-Feb-2016 15:38
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SINGAPORE - A Swiss billionaire investor has warned that major Singapore banks are at risk of being caught in the headwinds of China' s economic downturn. According to the  Singapore Business Review  (SBR), Mr Felix Zulauf, president and owner of Switzerland-based hedge fund Zulauf Asset Management, said that Singapore' s biggest banks, DBS, OCBC and UOB, would be vulnerable to massive capital outflows if the Chinese economy experiences a hard landing, which he expects to happen this year. " China in today' s cycle is what US housing was during the financial crisis in 2008," he said, adding that continued capital outflows would prompt regulators to devalue the yuan by 15 to 20 per cent. He predicted that the situation would deteriorate into a banking crisis across the region that would hit Singapore and Hong Kong particularly hard. Mr Zulauf explained that Singapore will be extremely exposed because it has attracted a high volume of foreign capital over the years. " Singapore' s banking-sector loans have grown dramatically in the past five or six years. Singapore is now losing capital, which means the banking industry is losing deposits," he said. Recently, a number of Singapore banks, including Barclays and Standard Chartered, have annouced job cuts as part of cost-cutting measures, with  Barclays Singapore laying off 100 staff  in January. Singapore banks also closed 2015 with their  share prices down 15-20 per cent  from the start of the year, The Business Times reported. In his recent Chinese New Year message, Prime Minister Lee Hsien Loong said that the Government is  closely monitoring the uncertain economic situation, although he did not expect a severe downturn of 2008 proportions. A number of analysts also  disagreed  with Mr Zulauf' s view, saying that Singapore' s biggest banks would be able to withstand severe shocks. Mr Jonathan Koh, an equity analyst at UOB Kay Hian, told SBR: " We couldn' t reconcile Mr Zulauf' s observations with official industry statistic released by the Monetary Authority of Singapore (MAS). Contrary to Mr Zulauf' s views, our three local banks are well capitalised." In its most recent Financial Stability Review, MAS pointed out that Singapore' s banking system remains resilient amid an uncertain external environment. " Banks have strong capital and liqudity buffers to withstand severe shocks, but continued vigilance is warranted," the central bank added. [email protected] - See more at: http://business.asiaone.com/news/singapore-banks-face-massive-crisis-year-swiss-billionaire#sthash.xZdDYc9M.dpuf |
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Siwomp
Supreme |
12-Feb-2016 15:26
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maybe T will dyodd now with the banks now..... remember citi during lehman? | ||||
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Siwomp
Supreme |
12-Feb-2016 15:21
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imho, can buy cheaper | ||||
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FATABA
Supreme |
12-Feb-2016 15:19
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Yes....Singapore banks like OCBC and DBS has the best rating in the world. They have a good balance sheet and a big supporter T behind . Also today is the right timing to buy cheap asset ....when the storm is over, they will see the clear blue sky. All those noises are aro for a reason......time will tell if DBS and OCBC will return to 18 and 10 respectively . |
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john_ric
Supreme |
12-Feb-2016 14:57
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See. Still buying.......   SINGAPORE (Feb 12):  Singapore' s DBS Group Holdings and Oversea-Chinese Banking Corp as well as Swiss bank, Julius Baer have submitted non-binding bids for Barclays' Asian private wealth business, people familiar with the matter said. |
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