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

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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
    πŸ‘
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