bullish8888
09-16

$DBS Group Holdings(D05.SI)$ sold ahead of fed meeting regardless of rate cut outcome as it will be negative for bank in short term

Winning Trades
Share your positions with us! This is a column where you can find the winning trades of our fellow tigers. There probably are a few potential opportunities that you may have overlooked.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • limzihao03
    09-17
    limzihao03
    nt necessary. fed rate cuts is good for bank lending uptake. revised price is $43. still so much room for growth.
    • bullish8888: 
      well now it that prices has stabilized  going from 40 to 37 after 2 weeks of hype. I'm gonna start going back to DBS
  • limzihao03
    10-14
    limzihao03
    is it worth switching for a 5% annual dividend with more capital gain potential then other stocks. we are deeply aware sgx is a value trap market where stocks remain undervalued yet unappreciated. nonetheless if u are looking for a safe haven or hedge. DBS is actually a good defensive player with slow but definite capital gain couple with an attractive yield in today's environment. dividend payout is just round the corner.... i would definitely hold and rotate once i gotten the payout.
  • bullish8888
    09-17
    bullish8888
    I'm looking at a short term switch to REITs that has a higher probability of being bullish after rate cuts anticipation and subsequently actual local bank cuts if this plays out
  • saylavee
    09-17
    saylavee
    once rate cuts happen, banks at 50% payout ratio and 5+% yield is a good place for funds to be in.
  • kerestia
    09-19
    kerestia
    LOLS youre so wrong. Look at it flying high!
  • Ryobi
    09-17
    Ryobi
    🤔🤔🤔
Leave a comment
7
40