DBS    Last:63.78    -0.36

DBS

Is $63.50 a good entry price or lower?

 

Time to add a bit next Monday!

 

Whatever it is I reckon the big correction is imminent this time round...Might be a good opportunity for some to pick up some blue chip stocks...

 

It is hard to say.
Current payout ratio, excluding special dividend, is about 50% - 60% of net earnings.
I remembered x CEO mentioned something to the effect that there is unlikely any foreseeable big-ticket spending within the horizon.
Only India requires capex for 3 to 5 years, which by now is nearing the tail end. The total sum required is merely 500m, peanuts to DBS.
Acquisition of the smallish Malaysia bank, if successful, is also a non-issue as far as capital is concern.
That is to say, retain earnings accumulated will eventually become substantial by end of 2027.
Hence, I would say they are in a good position to continue with the increase of quarterly dividend after 2027.
Though, the increase may not equal the 24 cents per year we got for these few years.
Above is purely my opinion May not be correct la.  

 

By 2027 when the capital return programme has been concluded, will dividend freeze at 264?
If so, dividend will compress to 4%. 

pkli899      ( Date: 03-Jun-2026 10:10) Posted: Unlikely in my view. Mechanism to return excess capital is already in place and functioning for quite some time. In fact, the special 15c per qtr dividend is to conclude in 2027. Only SBB is not progressing well, as share price remain elevated to merit SBB action.

 

Unlikely in my view.
Mechanism to return excess capital is already in place and functioning for quite some time.
In fact, the special 15c per qtr dividend is to conclude in 2027.
Only SBB is not progressing well, as share price remain elevated to merit SBB action.

 

Will it give bonus share?

 

Continue with yesterday crazy jump........up, up and away!

 

DBS likely shot up today on news of expanding its wealth centres by 50%.
With Tan Shu Shan - ranked the 6th most powerful woman in the world at the helm, DBS is clearly in strong hands.

DBS led the charge, with OCBC and UOB riding on its coattails.

Joelton      ( Date: 02-Jun-2026 09:55) Posted: DBS to open 18 new and 36 upgraded wealth centres across Apac by 2027 First centre expected to open in Q3 2026 will roll out in Singapore, Hong Kong, China, India, Indonesia and Taiwan [SINGAPORE] DBS : D05 +1.47% will open 18 new and 36 upgraded wealth centres across the Asia-Pacific by the end of 2027, in what the lender called the largest physical expansion of its wealth franchise to date. The centres will be located in Singapore, Hong Kong, China, India, Indonesia and Taiwan, the bank said on Monday (Jun 1), with the first to open in the third quarter of 2026. DBS did not elaborate on the cost of upgrading and expanding its network of regional wealth centres. Sanjoy Sen, group head of consumer banking at DBS, said the move will not only strengthen the bank&rsquo s network, but also bring it closer to its customers. &ldquo What clients tell us, more than anything else, is that the relationship they want with their bank should feel personal, familiar and close to home,&rdquo he said. &ldquo These wealth centres are not just about expanding our footprint. They are about closing the distance between our clients and the relationship managers who serve them &ndash meeting them where they live, where they work and where they build their lives,&rdquo he added. In Singapore and Hong Kong &ndash which are the bank&rsquo s two largest markets &ndash the centres will serve its Treasures clients. In China, India, Indonesia and Taiwan, the centres will serve Treasures and Treasures Private Client customers. Going with the flow The bank said the move will increase its Treasures&rsquo wealth centre presence in Singapore by 50 per cent. Treasures is the bank&rsquo s wealth management service. In Singapore, the minimum investment threshold to qualify for the service is S$350,000. Treasures Private Client is a higher-tier service, requiring S$1.5 million of investable assets, but which sits below the Private Bank service, which is for individuals with S$5 million or more. DBS said that as investors switch to digital wealth management platforms, in-person meetings are still important for many of them, with more than 40 per cent in Hong Kong and Singapore continuing to meet relationship managers face-to-face. This comes as wealth management and other fee income become increasingly important sources of revenue for Singapore banks, helping to offset expected reductions in net interest income as interest rates dip. The combined non-interest income of Singapore&rsquo s three main banks &ndash DBS, OCBC and UOB &ndash rose to a record S$5.16 billion in Q1, from S$4 billion in the preceding quarter and S$4.78 billion a year earlier. For DBS, net fee and commission income in Q1 climbed 16 per cent to a record S$1.5 billion. This growth was propelled by wealth management fees, reaching a record S$907 million, supported by robust bancassurance and investment product sales. Research from consulting firm McKinsey said high and ultra-high-net-worth individuals in Apac will transfer about US$5.8 trillion in assets between 2023 and 2030, presenting a major opportunity for banks, family offices and other asset managers.

 

  被 上 涨 的 股 票 冲 昏 了 头

huattuatua      ( Date: 02-Jun-2026 17:12) Posted: pls dunt give such unrealistic target la. tis ain nasdaq nor hang seng this is sgx and more pertinently, did u buy? tankoksee      ( Date: 02-Jun-2026 17:08) Posted: $100 otw..........

 

pls dunt give such unrealistic target la.

tis ain nasdaq nor hang seng

this is sgx

and more pertinently, did u buy?

tankoksee      ( Date: 02-Jun-2026 17:08) Posted: $100 otw..........

 

$100 otw..........

 

those proclaimed dam zhun in penny counters, i m wondering, they need how many generations to acheive this kind of phenomenal gains in DBS.?

 

dam solid

close at 64.67

the rate its climbing, pretty soon 70 bucks le

HUAT TUA TUA arrrrrrrrrrr, ha

 

Yes, better stop updating.......it' s going up faster than my updates.

 

Wonder who are the people pushing up the stock?

 

@ the rate it's going up, it's actually quite scary...Not that I'm complaining though!

pkli899      ( Date: 02-Jun-2026 16:05) Posted: Shouldn' t said 3rd......should be multiple ATH. Now $64.65! Ridiculous isn' t it?

 

Shouldn' t said 3rd......should be multiple ATH.
Now $64.65!
Ridiculous isn' t it?

 

3rd ATH in one day......$64.62!

 

LOL.......really good problem to face......anyway, another ATH to $64.50 done!