DBS    Last:42.3    -0.05

DBS takes another hit as analysts lower targets

RESULT is out, see from

http://info.sgx.com/webcorannc.nsf/37e9d50ee377b2304825735f00233861/376cce387ed0834a4825755b0080fe93?OpenDocument

Div 14 cents for the quarter


DBS ACHIEVES EARNINGS OF SGD 2.06 BILLION IN 2008
- WELL-POSITIONED TO WEATHER UNCERTAINTIES AHEAD
WITH STRENGTHENED BALANCE SHEET AND
DISCIPLINED COST MANAGEMENT
* * *
Fourth-quarter earnings of SGD 383 million
underpinned by higher interest margins and deposit inflows

 

In the morning???

 

Tomorrow is its Financial Report Date. Let hope for a decent Div.

 

dbs did not break below $8 for the past few weeks... so i think the support is strong here. though the after-rights px should be around $7.95, dbs still holding well above this in the face of 400 pts dropin dow.... ahew....

if this is not bottom, what other bad news can knock down sti????

 

 

The bad news for banks should have already been factor in the stock price. DBS was doing alright for the 3 quarters. Hopefully, it can carry thru. i reckon there will still be a dividend payout of 17cent for this quarter.

Local banks wont be affected as bad as those in other regions. Let's keep our finger cross.

 

I think 60 percent bad news and 40% likely good news.

Jesslee98      ( Date: 11-Feb-2009 13:57) Posted: DBS announcing yr 2008 result tomorrow. Good news or bad news. pls comment

 

Its not tomorrow but on Friday before trading.....

 

DBS announcing yr 2008 result tomorrow. Good news or bad news. pls comment

 

Important Support: $7.60

 

Any ideas the support level for this, reaching 52 weeks low.

 

Could have been priced in already.

Lincoln      ( Date: 02-Feb-2009 09:26) Posted: Does this means this burger will raise today?

 

Does this means this burger will raise today?

 

DBS Says Indian Venture to Raise Capital, Provide for Losses

  Jan. 30 (Bloomberg) – DBS Group Holdings Ltd., Singapore’s biggest bank, said its Indian venture is planning to raise funds after a 3.24 billion rupees ($66
million) capital reduction plan to provide for loan losses.
    DBS and the Murugappa Group will each subscribe for 1.5 billion rupees of capital in Cholamandalam DBS Finance Ltd., the Singapore-based bank said in a
statement to the city’s stock exchange today. The unit is considering raising an additional 1
 billion rupees from third-party investors, the statement said.
    DBS also said it won’t incur an impairment on the value of Cholamandalam DBS for the period ended Dec. 31, following a review of its investment in the Indian
company.
    For Related News and Information: DBS Group’s financials: DBS SP  Equity  FA  GO  Top South, Southeast Asia news: TOP SAS  GO  Most-read Singapore
news: MNI SP  GO

 

DBS to inject S$45m into Chola DBS By SIOW LI SEN DBS Bank on Friday said Indian associate Cholamandalam DBS Finance Limited requires recapitalisation of Rs 300 crores (SGD 90 million). DBS owns 37.5 per cent of Chola DBS which said its recapitalisation plan comprises a capital reduction of Rs 323.53 crores (SGD 96 million) to provide for ascertained and anticipated loan losses. DBS said it and the Murugappa Group will each subscribe for Rs 150 crores (SGD 45 million) of the new capital to be raised by Chola DBS. The capital infusion of Rs 300 crores from DBS and the Murugappa Group is expected to be completed by end-March 2009. Chola DBS is also contemplating another Rs100 crores capital to be placed out to third party investors in due course. The net proceeds of the capital infusion will be used to strengthen Chola's capital adequacy and meet its operating requirements.

 

Thanks senior for the guidance.

Andrew      ( Date: 30-Jan-2009 14:23) Posted: CFD can be quite complex. Here is the info sheet from POEMS. http://www.phillipcfd.com/download/PhillipCFDInfoSheet.pdf   Lincoln      ( Date: 30-Jan-2009 12:02) Posted: Thank u for the guidance but i still quite blurred abt CFD hahaha. nicky always said SHOT here and there, tat means he also using CFD too?

 

CFD can be quite complex. Here is the info sheet from POEMS.

http://www.phillipcfd.com/download/PhillipCFDInfoSheet.pdf

 

Lincoln      ( Date: 30-Jan-2009 12:02) Posted: Thank u for the guidance but i still quite blurred abt CFD hahaha. nicky always said SHOT here and there, tat means he also using CFD too?   ozone2002      ( Date: 30-Jan-2009 11:52) Posted: CFD gives u a chance to borrow shares to go long or short for up to 30days.. of course there's interest charges..and also lets u leverage on margin..

 

DBS DOWN,,,,,,,,,,,THEY BUY AND SUPPORT OCBC AND UOB,,,,,,OCBC DOWN THEY BUY AND SUPPORT DBS AND UOB,,,,,,,,,,,,,,,,,,,,,,,,,,,,,NOWW UOB DOWN THEY THONG DBS,,,,,,,,,,,,,,,,,,I SUSPECT HOW LONG THEY CAN THONG,,,,,,,,,,,,,,,,,,,,,,,,,,SEE IF CANNT THONG THEY GOING TO DO WAT,,,,,,,,,,,,,,,,BECAREFUL IF ALL THREE THEY CANNOT THONG,,,,,,,,,,,,,,,,,,,,,,,,,,

 

Shit man i missed the past 2 days one. yestday tat one worse when they halt tradin i panic go and withdrawn my buy, end up gain nothing .

Donnoe nxt monday will shoot high ornt, donnoe tonite Obama gonna do anything ornt

nickyng      ( Date: 30-Jan-2009 12:30) Posted: nah...i dun use CFD...to complicated and yes..hv to pay some fee....of cos it has longer "contra" days...but wth...these days stocks mostly plunge in series of days...with or w/o CFD...still can SHOT and make abit :P Lincoln      ( Date: 30-Jan-2009 12:29) Posted: Hi nicky, u really use CFD ar? I wanna try leh bt blur man, coz i seen CFD like much more better.

 

nah...i dun use CFD...to complicated and yes..hv to pay some fee....of cos it has longer "contra" days...but wth...these days stocks mostly plunge in series of days...with or w/o CFD...still can SHOT and make abit :P

Lincoln      ( Date: 30-Jan-2009 12:29) Posted: Hi nicky, u really use CFD ar? I wanna try leh bt blur man, coz i seen CFD like much more better. nickyng      ( Date: 30-Jan-2009 12:13) Posted: hahaha.....u not sure better dun anyhow follow me SHOT hor? later loose until no undies say my fault :P