eveev
2022-08-16

$DBS GROUP HOLDINGS LTD(D05.SI)$went ex-div yesterday, but its share price dropped more than it's declared quarterly dividend of 36 cents, and continues to fall today.

I believe that the market sentiment is dampened by the poor showing of economy data coming out from China yesterday, prompting the Chinese central bank to lower its interest rate to spur economic growth. Ahead of the widely anticipated re-election of PresidentXi, the Chinese government will be deployingall tools at its disposal to prop up the economy and stablize the market.

Hence, I believe the dip may be an opportunity to monitor the price movements and scoop up some $DBS GROUP HOLDINGS LTD(D05.SI)$shares for those who might have missed the earlier boat before its latest 1H2022 earnings announcement earlier this month.

@TigerEvents@TigerStars@TigerWire@MillionaireTiger@CaptainTiger

šŸ’° Stocks to watch today?(17 May)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? šŸŽ Make a post here, everyone stands a chance to win Tiger coins!
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

  • newbird888
    2022-08-16
    newbird888
    Buy it below $25
  • HarryCox
    2022-08-16
    HarryCox
    Bullish on DBS! I also have confidence in SG market
  • JohnnyYoung
    2022-08-16
    JohnnyYoung
    Yeah, it's an important moment for DBS now. We should be patient and see what will happen.
  • ngph
    2022-08-17
    ngph
    [Strong]
  • ekwee75
    2022-08-17
    ekwee75
    [Happy]
  • kevin chang
    2022-08-17
    kevin chang
    šŸ‘
Leave a comment