highest: DBSV     BUY S$3.41 STI : 2,757.46     Price Target: 12-month S$ 5.25 (Prev S$ 4.26)

relax lah

it ended with only one bit down, 1% down in such a broad sell down market....

i think it is getting close to the 'floor'

citi ha? read this from their website

For Immediate Release
Citigroup Inc. (NYSE: C)
January 19, 2010
CITIGROUP REPORTS 2009 FULL YEAR MANAGED REVENUES1 OF $91.1 BILLION AND
EXPENSES OF $47.8 BILLION
FULL YEAR 2009 NET LOSS OF $1.6 BILLION
FOURTH QUARTER NET LOSS OF $7.6 BILLION ($0.33 PER SHARE); $1.4 BILLION ($0.06 PER
SHARE) EXCLUDING THE IMPACT OF TARP REPAYMENT AND EXIT OF LOSSSHARING
AGREEMENT
NET CREDIT LOSSES LOWER FOR SECOND CONSECUTIVE QUARTER
TIER 1 CAPITAL RATIO OF 11.7% AND TIER 1 COMMON RATIO2 OF 9.6%
TIER 1 COMMON OF $104.6 BILLION AND ALLOWANCE FOR LOAN LOSSES OF $36.0 BILLION
CITICORP 2009 NET INCOME OF $14.7 BILLION, UP FROM $6.1 BILLION IN 2008
CITI HOLDINGS ASSETS DOWN $168 BILLION OR 23% IN 2009, AND $351 BILLION FROM
PEAK LEVELS
New York – Citigroup today reported a full year 2009 net loss of $1.6 billion, or $0.80 per share. Managed
revenues were $91.1 billion for the year. The fourth quarter 2009 net loss was $7.6 billion, or $0.33 per share.
Excluding the $6.2 billion after-tax loss associated with TARP repayment and exiting the loss-sharing agreement,
the fourth quarter net loss was $1.4 billion or $0.06 per share.
The provision for loan losses3 in the fourth quarter was $8.2 billion, down 36% from the prior year and 10% from the
prior quarter.
“We have made enormous progress in 2009,” said Vikram Pandit, Chief Executive Officer of Citigroup. “It was our
responsibility to get our own house in order. We greatly improved Citi’s capital strength, reduced the size and
scope of the company, and refocused our business strategy to take advantage of our unmatched global network.
We created Citi Holdings to rationalize non-strategic businesses, totally overhauled risk management, cut costs by
over $13 billion annually, reduced headcount by 100,000, and reduced assets by $500 billion from peak levels.
And to take advantage of all these changes, we assembled a talented new management team focused on the new
Citicorp franchise to move us forward.
“We also completed the repayment of $20 billion invested in the company by the U.S. government through the
Troubled Asset Relief Program (TARP) and exited the loss-sharing agreement with the government,” said Mr.
Pandit. “As we enter 2010, we are strongly capitalized, significantly more efficient, and are executing on a clear

from their time table of right issues, the expected date for listing of new shares is 23 Feb, next tuesday

so what you do is the log onto to CDP website ( it is free on line service) , and check on early morning of 23 Feb. your total number of shares will appear in CDP statement.

Sound like a mixture of bond and equity, point to note is while it said 5.5% distribution, it is not guaranteed, the manager may not declare 5.5% distribution.

if u look at their financial report, u can see their declared 5.5% distribution on quarter of Oct 1 2009- 31 Dec 2009 .

so, this is for those who are more thinking of bond yield with an option to convert to share ( after the 3 year period) with a conversion ratio of 0.2369, or one CPPU convert to 1/0.2369 or about 4.221 shares.

go to share investment website, you can click on each company and get PE and other ratio, also you can get index's  PE, such as STI PE, FTSE ST all share's PE, and so on. below is example and link

1. STI , average PE 18.1,  STI: 2789.22 +30.32 +1.10% (Weighted Avg PE: 18.1)

http://www.sharesinv.com/prices/index-sti/

2. FTSE ST all share' PE 13.1,   FTSE ST All-share: 687.24 +6.49 +0.95% (Weighted Avg PE: 13.1)

http://www.sharesinv.com/prices/index-ftse-st-all-share/

3. capitaland share, PE  13.4

http://www.sharesinv.com/C31/

 company historical PE is more complicated, some analyst post them in their reports..