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DBS is now Singapore's smallest bank Post Reply Rate topic
AK_Francis Supreme	22-Oct-2008 16:33        AK_Francis About Contact  Quote this Post! Style: Fundamental   Mood: Yells: "Happy go lucky, cheers."
x 0   x 0  Alert Admin	wah, seems like all counters reaching the 5 yr's low today. with that pace go, 7 yr's or 911's low seem not far stretch liao. monk bless.
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Alligator Veteran	22-Oct-2008 16:28        Alligator About Contact  Quote this Post! Style: Combined   Yells: "learning from past "
x 0   x 0  Alert Admin	around 21 Apr 2003, its price was $8.80
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teeth53 Supreme	22-Oct-2008 16:26        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	At one stage, S'pore mentioned oni needed two big local bank. one is DBS, the other can be UOB or OCBC.
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Sporeguy Elite	22-Oct-2008 15:17        Sporeguy About Contact  Quote this Post!
x 0   x 0  Alert Admin	At $11.50, DBS is at 5 yrs 4 mths low.
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samuel_ng Member	21-Oct-2008 12:34        samuel_ng About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anybody even bothers about market capitalization. Pacific Century (mother of HongKong Telecom) can even halt trading for a week without any announcements. I think goondoo might not have noticed, the Straits Times and Lianhe Zaobao do not report stock prices anymore.
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goondoo Member	20-Oct-2008 17:54        goondoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maybe DBS is now small enough (or if it continue to free-fall) to be taken over by either UOB or OCBC. I guess this is the only upside catalyst left, wonder how dirt cheap will DBS become? $10? $8? then become 1/2 the mkt cap of the other 2 banks?
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goondoo Member	20-Oct-2008 17:39        goondoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Haha, the biggest bank by asset in Singapore and South East Asia, and has bold ambitions to be a leading bank in Asia: Has become the smallest bank in market capitalization in Singapore. DBS is officially Singapore's smallest bank in mkt cap, haha, talk about good management. Now High % left Last price # of shares Mkt Cap DBS 13.04 25.00 0.52 13.04 1,520,355,208 19,825,431,912 UOB 15.60 24.20 0.64 15.60 1,523,275,625 23,763,099,750 OCBC 6.38 9.80 0.65 6.38 3,126,512,712 19,947,151,103
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