DBS vs OCBC and UOB

Status
Not open for further replies.

SpinFire

Arch-Supremacy Member
Joined
Apr 9, 2001
Messages
24,190
Reaction score
1
guess it didnt... thought they had a good showing.

Yeah, their financial results are decent. But I guess it didn't meet 'analyst expectations'.

But as of now, price has recovered to 10.60.
 

Tuckie

Arch-Supremacy Member
Joined
Mar 1, 2008
Messages
24,516
Reaction score
1,037
Yeah, their financial results are decent. But I guess it didn't meet 'analyst expectations'.

But as of now, price has recovered to 10.60.

yep i guess most of the concerns circled around "not meeting expectations" and "provision for bad debt".
 

havetheveryfun

High Supremacy Member
Joined
Jul 16, 2010
Messages
26,294
Reaction score
3,421
Each DBS employee to receive S$1,000 for SG50, Companies & Markets - THE BUSINESS TIMES

DBS Group Holdings will give S$1,000 to each employee to celebrate SG50 and also for reaching S$50 billion in market capitalisation.

The S$1,000 ang pow was announced on Tuesday after the bank released its full year 2014 results.

For 2014, net profit - including one-time items - rose to a record S$4.05 billion, up 10 per cent from FY2013 and double that in 2009. Excluding one-time items, net profit rose 10 per cent to S$3.85 billion.

South-east Asia's largest bank will give S$18 million or S$1,000 to each of its 18,000 employees, said DBS chief executive Piyush Gupta on Wednesday.


Those who will get the ang pow will be vice-presidents and below, he said. In Singapore, some 10,000 staff will get the money. DBS has in total 21,000 staff.

When they heard the news, some "employees fell off their chair", said Mr Gupta at a press conference to update on the bank's S$100 million SG50 programme.

The bank is also setting aside S$10 million to support a range of customers and communities, he said.

Last month, it relaunched the POSB National School Savings Campaign - to encourage primary school pupils to cultivate the habit of saving. The iconic POSB Saving Stamps Programme launched in 1969 was hugely popular in the 1970s and 1980s and at its peak had 100 per cent schools participation.

The schools have already run out of stamps and have called us for more, said Mr Gupta.

Later this year, DBS will spend S$3.5 million on linking up the 28th Southeast Asian (SEA) Games with its annual dragon boat and sailing races.

Last year, DBS set up a S$50 million foundation to make a positive impact on communities in the region.

The foundation aims to spark social innovation by encouraging the development of groundbreaking social initiatives. By supporting social entrepreneurship, the foundation focuses on building a more inclusive society so that those at society's margins can enjoy productive and rewarding lives.

For instance, one of its beneficiaries - Better Barista - employs youth and women at risks.

Last year, DBS also made a S$25 million donation to the soon to open National Gallery Singapore.

DBS giving ang bao leh :s12::s12::s12: ... haiz.. huai I don't have :(
 

SpeedingBullet

High Supremacy Member
Joined
Nov 30, 2004
Messages
37,964
Reaction score
716
DBS power.. give employees and not shareholders... iirc their dividends are quite pathetic.
 

Sinkie

Greater Supremacy Member
Deluxe Member
Joined
Jan 20, 2009
Messages
86,078
Reaction score
21

Tuckie

Arch-Supremacy Member
Joined
Mar 1, 2008
Messages
24,516
Reaction score
1,037
tat day bought 1000 @ 19.31

dunno is it a good thing.. :(

Hope after CNY, give some CNY good vibes to the market la..

everyday see drop drop drop..where got mood :s13:

bro u really keep buying this counter. vested too.
 

winorlose

Arch-Supremacy Member
Joined
Jul 23, 2012
Messages
16,551
Reaction score
285
bro u really keep buying this counter. vested too.

Tot will rebound back to $20 mah

who knew..kena stuck

#didntsticktogameplan
#buyaftercny

:s13::s13::s13:

damn miserable..i did take profit for the 500shares i bought @19.36 at 19.56

net profit only 39bucks..wtf

#havetoholdnow
 

Keverus

Banned
Joined
Aug 30, 2008
Messages
80,612
Reaction score
0
Dbs not like ocbc.. Only can sell great eastern banc assurance products.

From my experience in dbs/posb.. The bank sales people very strong in hitting their targets..

After results dbs will go bk to norm

i think ocbc was top banc in 2014, beating DBS.
 
Status
Not open for further replies.
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Community Guidelines and Standards, Terms of Service and Member T&Cs for more information.
Top