Sporeshare
11-01

$DBS(D05.SI)$  

 Dbs bank - Chart wise, bearish mode. She may go down to test 72.50. Breaking down would see further selling down pressure. 3rd quarter results will be our on 5th Nov. Will it be able to support the price from going lower. Lets await the market to tell us.

Once the bank started to fall, STI would likely fall further. Pls dyodd.

25 October 26:

Dbs bank - Chart wise, bearish mode. She may go down to test 72.50. Next, she may go further downward towards 70 and below.

Beyond 70, she may head further South towards 65. Pls dyodd. 

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Comments

  • Kum Weng
    11-01
    Kum Weng
    [​symbol:D05.SI|DBS (D05.SI)] is the most expensive of Singapore’s three major banks on price-to-book, but it also offers the highest indicated dividend yield and the strongest reported ROE.

    Bank P/B Dividend yield ROE Comparison with DBS
    DBS (D05.SI)
    watchlist
    2.96x 4.27% 16.17% —
    UOB (U11.SI)
    watchlist
    1.38x 3.84% 9.22% DBS trades at a 114.5% P/B premium ; DBS yield is 0.43 percentage points higher
    OCBC Bank (O39.SI)
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    2.05x 3.04% 12.74% DBS trades at a 44.4% P/B premium ; DBS yield is 1.23 percentage points higher
    Read-through: DBS’s premium is substantial, particularly versus UOB, so it is not the apparent value choice on book value. The market appears to be paying for materially better profitability: DBS’s ROE exceeds OCBC’s by 3.43 percentage points and UOB’s by 6.95 percentage points . Importantly, DBS also combines that premium valuation with the highest current indicated yield, which makes the relative valuation less demanding than a premium P/B alone suggests.

    Botto

  • tanpp2307
    11-03
    tanpp2307
    It is always fascinating for me to see DBS shares rocket amongst the other local banks in Singapore. Investors seem to have high confidence that it will always do well.
    • Sporeshare: 
      No company can always do well. Profit may be peak and price may get corrected. 
  • Gladys80
    11-02
    Gladys80
    Dbs will slowly buy in ...............  ..
  • YMCheah
    11-03
    YMCheah
    DBS is a good stock to buy on the dip!
    • Sporeshare: 
      But not at current price  Can wait for further correction
  • Muppy
    11-02
    Muppy
    L l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l
  • AntiClimax
    11-02
    AntiClimax
    thanks for sharing this is informative
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