DBS n OCBC are still powering up ....STI cross 3600 
Cant speak the same for UOB .....as rate do affect UOB income if he has NOT manage other non interest income well in advance ...time will tell 
if this 71 years leader can match w the 2 greater FT from DBS and OCBC . 
( OCBC aleady hit new high ) 
DYODD 
Happy investing.
Cant speak the same for UOB .....as rate do affect UOB income if he has NOT manage other non interest income well in advance ...time will tell 
if this 71 years leader can match w the 2 greater FT from DBS and OCBC . 
( OCBC aleady hit new high ) 
DYODD 
Happy investing.
FATABA ( Date: 19-Sep-2024 10:12) Posted:
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Ya OCBC is v strong since run up from 13 ...which was tough for a long time .
Now seem like over 15 is easy for OCBC . 
DYODD
Now seem like over 15 is easy for OCBC . 
DYODD
Echoes ( Date: 19-Sep-2024 10:38) Posted:
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OCBC broken all time high of 15.38. STI is powerful today!
Cos OCBC already reached ATH of 1538 . She is waiting for DBS to hit ATH of 3855 .
After that , they will hold hands can run up together . 
After that , they will hold hands can run up together . 
FATABA ( Date: 19-Sep-2024 10:13) Posted:
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.5 pt cut .....no effect on DBS for the first hour and powering STi to 3600 wow Huat
OCBC n UOB is NOT following at all . Hmm 
DYODD 
Happy investing in DBS 
OCBC n UOB is NOT following at all . Hmm 
DYODD 
Happy investing in DBS 
FATABA ( Date: 13-Sep-2024 10:07) Posted:
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.5 pt cut .....no effect on DBS for the first hour and powering STi to 3600 wow Huat
OCBC n UOB is NOT following at all . Hmm 
DYODD 
Happy investing in DBS 
OCBC n UOB is NOT following at all . Hmm 
DYODD 
Happy investing in DBS 
FATABA ( Date: 13-Sep-2024 10:07) Posted:
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Singapore Ready to Make Bold Changes to Revive Stock Market
https://www.bloomberg.com/news/articles/2024-09-16/singapore-ready-to-make-bold-changes-to-revive-stock-market
Interesting that DBS is leading the charge up .....w high volume this morning . Over 3M volume and many big MAARRIED deals 
One 618 lot . WOW . and at $38 ..
Your bet on DBS next target is as good as mine. Interesting for the balance of 2024 cant be over 1% whatever Fed decide in Sept Nov and Dec
Certainly Sept cut is already factored into the market. 
Happy investing. 
One 618 lot . WOW . and at $38 ..
Your bet on DBS next target is as good as mine. Interesting for the balance of 2024 cant be over 1% whatever Fed decide in Sept Nov and Dec
Certainly Sept cut is already factored into the market. 
Happy investing. 
Market sentiments likely to improve
https://www.channelnewsasia.com/business/singapore-stock-market-sgx-gic-focus-4471856#:~:text=The%20Singapore%20government%20has%20taken,capital%20through%20public%20listings%20here.
https://www.channelnewsasia.com/business/singapore-stock-market-sgx-gic-focus-4471856#:~:text=The%20Singapore%20government%20has%20taken,capital%20through%20public%20listings%20here.
Outgoing CEO set target for incoming CEO ....................
FATABA ( Date: 11-Sep-2024 11:23) Posted:
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DBS group is confident of a 15-17% ROE over the next 3 to 5 years ........WOW this is a very powerful statement esp w the coming interest rate cut. 
None of the other 2 banks can match this at this moment .
DYODD
None of the other 2 banks can match this at this moment .
DYODD
FATABA ( Date: 11-Sep-2024 11:07) Posted:
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DBS Group Holdings  is considering forming insurance partnerships in India and Taiwan to expand its services in the region. The Singapore-based lender is working with Goldman Sachs as an adviser on potential bancassurance agreements for those markets.
This could be beginning of more to come for DBS .....OCBC already w GE in the pocket . 
 
This could be beginning of more to come for DBS .....OCBC already w GE in the pocket . 
 
LOL OCBC hot and clear 15 .....interesting that ALL 3 banks carry STI UP as against the whole ASIA
Hope tmr wld not reverse. 
DYODD
Hope tmr wld not reverse. 
DYODD
Alignment ( Date: 09-Sep-2024 17:21) Posted:
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One point a banking sector investor pointed out to me today was that, notwithstanding low rates being a negative for bank net lending margins, the point at which short term risk free rates becomes lower than long term risk free rates (which has just happened in the last few days) is a big positive factor for banks because in general banks borrow short term and lend long term. 
I hesitated to add ocbc during the unwinding of yen trade.
Today i was hoping the 3 banking bros would tumble but they power up instead.
It seems me the big funds are back scooping up in anticipation of rate cut.
Better picture in the next few days.
Today i was hoping the 3 banking bros would tumble but they power up instead.
It seems me the big funds are back scooping up in anticipation of rate cut.
Better picture in the next few days.
WOW again DBS is powering above 37 and OCBC coming to 14.80 
Will both challenge their all time high ....if interest rate cut is .25 all might be factor in .
WHAT if it is .5 pts .....or even promise of more cut in Nov and Dec. 
Personally 3 cuts of 0.25 might be sufficient to power the banks . ( not even counting in the dividend ) 
And election result of Trump' s lost can be a big catalyst. 
DYODD
Happy investing. 
Will both challenge their all time high ....if interest rate cut is .25 all might be factor in .
WHAT if it is .5 pts .....or even promise of more cut in Nov and Dec. 
Personally 3 cuts of 0.25 might be sufficient to power the banks . ( not even counting in the dividend ) 
And election result of Trump' s lost can be a big catalyst. 
DYODD
Happy investing. 
Sept interest rate cut /////half or qtr pt does not seem to matter ......likely already factor into our local banks. 
DBS and OCBC seem to  be able to handle it very well . ( I will not comment on UOB to avoid any personal bias against it /Not vested) 
DBS is back above 37 and seem to be have power to move on .....congrate to DBS holders. 
OCBC is going for the $15 mark ? 
Interest rate wld NOT affect their Q3 income .....any cut can only take effect from Q4 .   
DYODD
Happy investing. 
DBS and OCBC seem to  be able to handle it very well . ( I will not comment on UOB to avoid any personal bias against it /Not vested) 
DBS is back above 37 and seem to be have power to move on .....congrate to DBS holders. 
OCBC is going for the $15 mark ? 
Interest rate wld NOT affect their Q3 income .....any cut can only take effect from Q4 .   
DYODD
Happy investing. 
" Lower rates make borrowing money cheaper. This encourages consumer and business spending and investment and can boost stock prices."
https://www.investopedia.com/articles/stocks/09/how-interest-rates-affect-markets.asp#:~:text=Lower%20rates%20make%20borrowing%20money,and%2C%20therefore%2C%20stock%20prices.
https://www.investopedia.com/articles/stocks/09/how-interest-rates-affect-markets.asp#:~:text=Lower%20rates%20make%20borrowing%20money,and%2C%20therefore%2C%20stock%20prices.
36 dollars means 6 percent yield.
36 dollars is the mean price about which dbs price oscillates.
36 dollars is the mean price about which dbs price oscillates.
sinpacent ( Date: 16-Aug-2024 13:05) Posted:
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DBS ExD the share price didnt drop but risen unlike UOB and OCBC which dropped moderately, my humble opinion was DBS had already dropped so much more than the other two banks and due to some good news reported recently, all the 3 banks are recovering back. Now, the market had some how already factored in the Fed may cut 0.5% rates in September if it' s cut by 0.25% or  no rate cut then there will be another correction. Even if it' s cut by 0.5% the market may think that the worse maybe approaching....just my opinion. Dyodd!