For Tiger Brokers, deposits via DDA (from DBS accounts only) is instantaneous, and I can make trades immediately without unnecessary time lags. This is great for "buying the dip" for counters with high intra-day volatility. Tiger Brokers should consider expanding DDA with other banks.On the other hand, withdrawal of idle funds usually takes longer, especially if the withdrawal is done near 5.00pm SG local time. Sometimes remission only happens the next day. Tiger Brokers should extend the daily cut off time for withdrawals for greater convenience for retail investors.
SATS shot themselves in the foot with an ill-prepared M&A announcement and a vague statement about rights issue back in Sep and caused their own share price to tumble more than 30% almost immediately. $DBS GROUP HOLDINGS LTD(D05.SI)$ on the other hand is looking very good. They remain as the market leaders among the 3 SG local banks and their business growth and consolidation look to be better and better in a high interest environment.
SGX Weekly Review: Singapore Airlines, Savings Rates for Local Banks and SATS’ Acquisition Funding Plan
$CapLand IntCom T(C38U.SI)$ dividend $0.0697. The private placement to raise funds for new investment should add to improved DPU. Buy more during dips to accumulate this S Reit.