DBS vs OCBC and UOB - Part 2

[reddevil0728]

No impact to the economy, we will just follow the USA market, even if it really means bad economy and plenty of job losses, we can’t do anything also but to adapt to it

It’s a reflection of the expectation of the economy.

 

[Han Shot First]

dont have these options if bought using SRS (only cash or all shares) ... wonder why ?

Edit : found out that SRS with both UOB & DBS allow partial options since current UOB scrip allows for it ... only OCBC SRS does not allow partial scrip ... alamak !!

So how? Any idea why OCBC SRS does not allow partial scrip?

 

[tulipkiss]

small boat coming back for dbs today.

 

[madtari]

I hope your TA skill is accurate enough... I have been waiting for so long for $18 to come by... the predictions given by Donavan is anything but a reverse indicator (he predicted DBS to drop to $15 iirc)...

DBS may fall below $18 by year end base on my analysis. The drop will be slow but steady.

Most bearish scenario will see DBS sink to $16-17 levels. Mixed outlook will be $18-19. Definitely wont be a good outlook for 2020-2021. The drop may be slow but steady, so may hit $16-17 in Q1-Q2 of 2021.

 

[notical]

I hope your TA skill is accurate enough... I have been waiting for so long for $18 to come by... the predictions given by Donavan is anything but a reverse indicator (he predicted DBS to drop to $15 iirc)...

$19.XX good buy
$18.XX better buy
$17.XX best buy
below $17 MUST BUY !

 

[Lex1989]

DBS may fall below $18 by year end base on my analysis. The drop will be slow but steady.

Most bearish scenario will see DBS sink to $16-17 levels. Mixed outlook will be $18-19. Definitely wont be a good outlook for 2020-2021. The drop may be slow but steady, so may hit $16-17 in Q1-Q2 of 2021.

I also planning to start buying @ 18 for DBS using cash.

And if slowly fall lower and lower, @ 16 i will sell my SingTel @ loss and convert.

 

[Sinkie]

I’m waiting for $18 too

 

[luei74]

I also planning to start buying @ 18 for DBS using cash.

And if slowly fall lower and lower, @ 16 i will sell my SingTel @ loss and convert.

How about UOB bro?

 

[madtari]

I hope everyone sticks to their own plan (including myself!)... don't later really $18 reach le but people starts shifting their goalposts again. haha

 

[Sinkie]

Waiting

Dbs $18.00
Uob $18.50
Ocbc $7.80

 

[Lex1989]

How about UOB bro?

Holding some UOB already, UOB dividends pay out twice a year.

DBS payout quarterly, feels more premium!

 

[Lex1989]

Singapore banks' dividend cap may be extended, says DBS

IT is possible for the dividend cap for Singapore banks to be extended into FY21, given the lower net interest income, relatively soft credit demand and uncertainties over asset quality, said DBS Group Research.

This comes as lower-for-longer rates are likely to weigh on net interest margins (NIMs) and recovery of return on equity (ROE), analyst Lim Rui Wen wrote in a report on Thursday night.

Short-term rates have priced in no hikes for several years as the hurdle to raise rates is now set much higher. The US Federal Reserve last month made a major policy change allowing inflation to stay above its 2 per cent target "for some time" before raising rates, which will keep borrowing rates low for much longer than in prior economic expansions.

In July, the Monetary Authority of Singapore called on the local banks to cap their total dividends per share for FY20 at 60 per cent of FY19's, so they can shore up capital amid the uncertain economic climate.

If this cap is extended beyond FY20, it will be from a prudent standpoint, taking into account the continued uncertainty from the coronavirus pandemic and uneven recovery paths across countries, regions and industries, DBS said.

 

[fatangel]

Dropped a bit only and everyone waiting for $18

 

[Lex1989]

Dropped a bit only and everyone waiting for $18

Set target only, got buy no buy not much different.

 

[smallboi09]

I thought boat left already...?

 

[Mr. Wood]

I hope everyone sticks to their own plan (including myself!)... don't later really $18 reach le but people starts shifting their goalposts again. haha

later $18 sure got ppl come out say banks going bankrupt, end of the world, .....
confirm guarantee chop.

 

[Andrew833]

Waiting

Dbs $18.00
Uob $18.50
Ocbc $7.80

Why UOB higher price than DBS?
I thought DBS always higher than UOB.

 

[Heartyman]

My order: 1000 unit at $19. 3000 unit at $15.

Existing: 1500 unit at $17.82

 

[madtari]

Bcos DBS is always at higher PB perhaps?

Why UOB higher price than DBS?
I thought DBS always higher than UOB.

 

[tan1688]

Waiting for $13.88 - 2016

For Mr Gupta, an Singapore Exchange filing showed that he bought 200,000 DBS shares on Monday at $13.88 apiece, or close to $2.8 million in total. The filing also showed that on top of the purchase, Mr Gupta had received 148,068 shares as part of a share award scheme.