What will I do with DBS?
What is my view of the 1 for 10 bonus shares being announced by DBS?
I am a fan of banks. Questions that I will ask myself first.
1. What happened after the bonus shares are being issued?
2. What is the price and dividends moving forward?
3. Will I continue to add more DBS shares moving forward?
1. The share price is expected to drop by 11% after the issue of the bonus shares. Based on current price, the price that will expect will be $29.35 to $29.50.
It may be cheaper than UOB in future.
2. DBS is still riding on the waves of rates increase for the past 2 years. As such, those people and companies where their loan is being fixed will still continue to pay for the higher interest. I expect the dividends to go lower most likely in 2026 rather than 2025. Share price will increase if DBS continues to report higher earnings.
3. I will definitely keep buying on a regular basis and increase my total number of shares in DBS.
Comments