*Official* General Market Chit Chat Thread

[Jackjack80]

STI beri weak leh....

 

[Shion]

Penguin now stuck at pre-consolidate value for long...

 

[peacefulday]

Sharebuyback for banks, how to drop?

manipulating cosmetic looks nothing happen? maybe just not the right time to let go the water stopper plug?

 

[OngHuatHuat]

If they keep earning money, they can put aside some money to do share buyback to stabilize price and improve eps.

manipulating cosmetic looks nothing happen? maybe just not the right time to let go the water stopper plug?

 

[cReDdY]

.. wah drop a lot leh.. I bought some starhub.. good luck

 

[akwl88]

If they keep earning money, they can put aside some money to do share buyback to stabilize price and improve eps.

who buyback shares today? ocbc?

 

[OngHuatHuat]

Dbs also start buying back already. Not sure about Uob. I didn't follow Coz no holdings.
Wakao, you all shareholders leh, what the hell, you expect a non shareholder to tell you whether bank got buyback or not?

who buyback shares today? ocbc?

 

[Connoisseur-1976]

who buyback shares today? ocbc?

DBS announced they doing share buyback

 

[Layers]

who buyback shares today? ocbc?

Sia and sia eng share buy back

Sent from Sony E6853 using GAGT

 

[Sinkie]

Dbs also start buying back already. Not sure about Uob. I didn't follow Coz no holdings.
Wakao, you all shareholders leh, what the hell, you expect a non shareholder to tell you whether bank got buyback or not?

You first day here?

 

[akwl88]

Dbs also start buying back already. Not sure about Uob. I didn't follow Coz no holdings.
Wakao, you all shareholders leh, what the hell, you expect a non shareholder to tell you whether bank got buyback or not?

moi tot you interested in ocbc ma

 

[akwl88]

dbs huat?

DBS dodges bullet from AusGroup's recent loss

Its NIM is seen to widen most with US rate increase.

Even with the dangers from its oil & gas exposure and the recent reported loss of AusGroup, DBS is still in the safe zone. This is due to its expected big-time benefits from the possible Singapore Interbank Offered Rate (SIBOR) increase later this year on the back of the Federal Funds rate spike.

According to RHB analysts, DBS’s exposure to the losses of AusGroup would not be significant.

RHB said that for the Q2, AusGroup entered into accounts receivable purchase facility with DBS, with A$2.45 million already utilized.

In Q3, AusGroup entered into a A$30 million short term loan facility with DBS Bank. A total of A$11 million of this balance was drawn down as of June this year.

To recall, AusGroup reported a net loss of A$193.2 million ($198.8 million) for the end of its financial year.

"We believe the market has overlooked the positives from possible increases in SIBOR in late 2016. DBS is most leveraged to SIBOR increase – with its NIM (net interest margin) seen to widen most,"

In the previous quarter, only DBS recorded an improvement in NIM out of the three big bank giants, from 1.85% to 1.87%.

- See more at: http://sbr.com.sg/financial-service...et-ausgroups-recent-loss#sthash.J9DwAwFH.dpuf

 

[akwl88]

dbs huat x 2?

SINGAPORE (Sept 1): DBS Group Holdings will benefit most among the three Singapore banks if the US Fed raises interest rates soon, RHB Research says.

Although concerns over its oil and gas plays remain, as do worries over the impact of a weak economy on the bank's performance, RHB says a rate increase would lead to a rise in the Singapore Interbank Offered Rate.

An increase in that rate would widen DBS’s net interest margin more than its peers, RHB says.

Still, RHB is keeping a “Neutral” rating on the three Singapore banks. The comments come after Singapore's broad money supply rose 5.5% on year in July, up from 4.2% growth in June.

“Weak loan growth in the manufacturing and general commerce sectors suggest that economic activities are likely to be subdued in the immediate future,” it adds.

Shares of DBS are up 4 Singaporean cents at S$15.03.

http://www.theedgemarkets.com/my/article/dbs-gain-most-among-singapore-banks-us-rate-increase

 

[klavier]

dbs huat x 2?

SINGAPORE (Sept 1): DBS Group Holdings will benefit most among the three Singapore banks if the US Fed raises interest rates soon, RHB Research says.

Although concerns over its oil and gas plays remain, as do worries over the impact of a weak economy on the bank's performance, RHB says a rate increase would lead to a rise in the Singapore Interbank Offered Rate.

An increase in that rate would widen DBS’s net interest margin more than its peers, RHB says.

Still, RHB is keeping a “Neutral” rating on the three Singapore banks. The comments come after Singapore's broad money supply rose 5.5% on year in July, up from 4.2% growth in June.

“Weak loan growth in the manufacturing and general commerce sectors suggest that economic activities are likely to be subdued in the immediate future,” it adds.

Shares of DBS are up 4 Singaporean cents at S$15.03.

http://www.theedgemarkets.com/my/article/dbs-gain-most-among-singapore-banks-us-rate-increase

To me an increase in interest rate is a double edged sword..
While generally speaking it should be a plus for banks, but if the overall health of the economy is not the best, it might also push some borrowers over the edge...

 

[Perisher]

MAS tweaks TDSR
http://www.theedgeproperty.com.sg/content/mas-tweaks-tdsr

The Monetary Authority of Singapore (MAS) announced today (Sep 1) that it will now extend concessions on refinancing to all owner-occupied residential properties, including those bought after the introduction of the total debt servicing ratio (TDSR) loan framework on June 28, 2013. Previously, only borrowers of owner-occupied residential properties bought before the introduction of TDSR could be exempted from the TDSR threshold of 60% when refinancing their existing home loans. However, TDSR threshold still applies for new property loans.

Likewise, MAS will allow borrowers of investment properties to refinance their property loans above the TDSR threshold, even if the properties were purchased after the TDSR was introduced. However, there are two conditions to be met:


Borrowers have to commit to a debt reduction plan with their respective financial institution to repay at least 3% of the outstanding balance within three years; and
Fulfill the financial institution’s credit assessment

The revised rules will take immediate effect.

 

[Kinetic88]

MAS tweaks TDSR
http://www.theedgeproperty.com.sg/content/mas-tweaks-tdsr

The Monetary Authority of Singapore (MAS) announced today (Sep 1) that it will now extend concessions on refinancing to all owner-occupied residential properties, including those bought after the introduction of the total debt servicing ratio (TDSR) loan framework on June 28, 2013. Previously, only borrowers of owner-occupied residential properties bought before the introduction of TDSR could be exempted from the TDSR threshold of 60% when refinancing their existing home loans. However, TDSR threshold still applies for new property loans.

Likewise, MAS will allow borrowers of investment properties to refinance their property loans above the TDSR threshold, even if the properties were purchased after the TDSR was introduced. However, there are two conditions to be met:


Borrowers have to commit to a debt reduction plan with their respective financial institution to repay at least 3% of the outstanding balance within three years; and
Fulfill the financial institution’s credit assessment

The revised rules will take immediate effect.

lol

mod perisher wols.

unker already posted in the closed thread this morning.

 

[shareholder]

So many share buy backs, bottom picking? Time for shareholders to buy also, don't lose out!

 

[winorlose]

drop so little u dare to pick ah?

later close lower u dont come in jjww hor

 

[Layers]

So many ppl support new thread.

Sent from Sony E6853 using GAGT

 

[Kinetic88]

O NO, 2800 support ish in danger of being broken.

the 3 telcos need to marikita to hold the fork.