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17961-17980 of 18139
I think Bank stocks may run soon especially if Fed decides to raise interest rate in June
Pot is brewing
Games BBs play...push up push down
How far can run this time?
When read below article, something is wrong,bbbbbbbbbbbbbbbbbbb big wrong . " is never know as the year of the Sheep"
" The Chinese Calendar 2015
2015 is the year of the Goat, and is also know as the year of the Sheep. It is the yĭ -wè i (乙 未 ) year of the Wooden Goat. Yĭ is the second of the ten celestial stems and wè i (Sheep) is the eighth of the twelve terrestrial branches.
Chinese calendar has names that are repeated every 60 years. Within this ' Stem-Branch' date system, is a shorter cycle of 12 years denoted by these animals:"
Why ? Look aThe Chinese Character word (羊 )
查 爾 斯 王 儲 歡 度 春 節 笑 稱 不 知 是 哪 種 羊 年 , He is making himself a foooooooooooooooooooool ????????????
https://www.youtube.com/watch?v=Ioc6pKEvtlQ
Price is moving up but currently below opening price.Hopefully can run a bit higher...
Lau sai. Gupta said more bad loans coming. And who dares buy if profitabiility is going down? Bad Loans hit bottom line 100%, you can earn small increments of interest hikes but lose huge amounts through bad loans.
UOB already lau sai. Plse DYODD.
Banking biz is damn easy, take deposits at low rates, and lend at high rates. Ambitious buggers take unnecessary risks to lend to risky companies to get higher returns. And that' s when bad loans come about. I never believed it of DBS, but this quarter showed I was wrong. Copper smelter, why the heck did they dish out the money? And who else did they lend to that' s at risk? Gupta better come clean.
Not yet.
Stay clam and watch it crumble.
Immortal ( Date: 17-Feb-2015 11:28) Posted:
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If close above 19.4 today, it is a buy for me.
Bro, you' re unncanily correct. However, I won' t follow because I need Mr Gupta to come clean. Too much cliches and ambiguity in what he said before, and trust is already lost!
Immortal ( Date: 16-Feb-2015 10:05) Posted:
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If we can close with a nice tail, then rebound is on its way.
I do think an imminent rebound is in store soon
It' s perception that' s key. I don know if ppl see it, but to set aside 40mln bucks for a bad loan to a copper smelter smack of reckless lending. I' d like Mr Gupta to come out and tell everyone how much loans has the bank made to corporates and individuals in China that do not have LC guarantees by banks. And please include global. Not just out of Singapore. HK, including please.
FATABA ( Date: 13-Feb-2015 10:25) Posted:
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We can all FOCUS on the smaller are of PROVISION ( NOT confirm lost ) ....which is a small % of a bank total B of loans.
( every bank has and it is not surprise as our safe local banks start to go into bigger market like CHINA and India.)
The ? should be ...has DBS or OCBC taken sufficient risk when taking up these loans...which they has ( they even provisions set aside before and IF it did happen)
OCBC did provide provision too but no analyst SHOUTED out....?
Overall this is really not large amount compare to the ( if I didnt remember wrongly ) billions of loan out.
So the focus is always up to each individual and of course the wish to BB to push prices up or down.
Or we can focus on the stronger areas and the coming interest rate hike which is benefiting DBS
For longer term investor.....enjoy this ride. :)
Immortal ( Date: 13-Feb-2015 10:09) Posted:
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That is why the price is like that....it needs to have a new spin story to move up
rayoflight ( Date: 13-Feb-2015 09:39) Posted:
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Sorry , in INDIA
hlfoo2010 ( Date: 13-Feb-2015 09:59) Posted:
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What about any corporate exposure in China do they have ?????
I like your analysis bro kyoto!
Kyoto2008 ( Date: 12-Feb-2015 22:49) Posted:
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BBs squeezing down DBS on low volume....how many will throw towels.
Mr Gupta said the bad loans came from a copper smelter they lent money to, that' s quite a huge provision for a single corporate. What were they thinking of? And all the time, we were told the 50bln exposure in China is trade finance, well now we know it is corporate exposure DBS took. If it' s LCs, we assume DBS took bank risk and that would naturally be a lot safer.
So this is the dark side of DBS we are now seeing, possibly huge exposure to corporates where defaults may happen. Mr Gupta said they noted China corporates are beginning to default. Exactly, how much corporate exposure do they have?
The bright side is NIMs improved significantly and will give a boost to profitability as interest rates hike upwards.
Given that DBS lost money in bad debts, the question is why was it kept a secret and possibly known to a few privileged people? SGX should take DBS to task over non disclosure.
Caution to all, DBS cld lau sai all the way if confidence is lost. Question is how much corporate exposure in China do they have?
And their digital banking strategy, in what way can it improve their corporate banking prowess that DBS has the greatest strength in? Is this a diversion strategy to move minds away from the central issue?