DBS
Last:42.3
-0.05
Buy DBS before too late!
Post Reply
1-20 of 32
From Yahoo TA chart, STI trends downwards but RSI trends upwards from below 20s to above 20s.
well ur wave story sound chim to most, but resonable also... give u one point... :)
trader9988 ( Date: 06-Feb-2010 10:20) Posted:
|
looking at the monthly chart.......... DBS have risen frm mar 2009 low to recent jan 2010 high $15.8 on decreasing monthly volume over this 10 mths period.........meaning less buyer want to buy now.... if base on 5 impulse waves(12345) from mar 2008 till jan 2010..... now DBS could be in the midst of wave a of corrective 3 waves(abc)..... well i no expert in this wave theory ,any sifus can help and comment please...thx
WLBO_BB ( Date: 06-Feb-2010 08:09) Posted:
| those buy long term still can keep as blue chip will ride through the wave, but for short term better quit first and wait for the wave to settle... |
|
|
|
TA experts...the wave can go down to $10 or not ...
sori correction.. the five impulse waves should start frm mar 2009 not 2008.....
looking at the monthly chart.......... DBS have risen frm mar 2009 low to recent jan 2010 high $15.8 on decreasing monthly volume over this 10 mths period.........meaning less buyer want to buy now.... if base on 5 impulse waves(12345) from mar 2008 till jan 2010..... now DBS could be in the midst of wave a of corrective 3 waves(abc)..... well i no expert in this wave theory ,any sifus can help and comment please...thx
WLBO_BB ( Date: 06-Feb-2010 08:09) Posted:
| those buy long term still can keep as blue chip will ride through the wave, but for short term better quit first and wait for the wave to settle... |
|
hey,.. if they are paying this dividend in mid-May, what about the dividend that should be paid in beginning-June ? I recalled last year : they paid dividends on April 29, and June 4th,... So if the dividend for April 29 is moved to mid-May this year, then do we still get our dividend for June ?
Don't tell me they are paying less dividend this year ?
incirent ( Date: 05-Feb-2010 11:29) Posted:
AGM in end April, Ex May 20 and disbursement in mid-July. What the hell, it takes more than six months to distribute the meager 14 cents. This is another reason to toss out the rascal. 
|
|
those buy long term still can keep as blue chip will ride through the wave, but for short term better quit first and wait for the wave to settle...
I believe it might go below $13 again in the face of uncertainties in the turning point of relationships between US and China. Three things have happened which might be the harbinger of bad relationships between US and China. Initially, US was unhappy with allegations of Google hackings blamed on Chinese authorities and a tirade ensue by US against Chinese policies and "human rights records".
Second, the US approved sale of weapons to Taiwan resulting in China withdrawing military "co-operation". This is very serious because a tit for tat might follow in the military hemispheres.
Thirdly, the President's intention to meet up with Da Lama confirms US's uncompromising stance with China in the most sensitive matter. You don't expect your neighbours to smile at you again when you did something to them that they didn't like very much.
So my analysis is that if there are alot of tirades going on, the market will force down DBS to below $13.00 per share.
My 2 cents.
AGM in end April, Ex May 20 and disbursement in mid-July. What the hell, it takes more than six months to distribute the meager 14 cents. This is another reason to toss out the rascal.
be patient it will test $13+ as it is expected to break support ard $14...juz sideline for time being :P
Summary as of now
| WEIGHTED AVG PRICE : 14.0455 |
LAST DONE PRICE : 14.040 |
| SPREAD/PRICE RATIO : 0.0014 |
AVG TRADE SIZE : 6.69 |
DBS dividend 14 cents
It's ok. No problem. Me too for the miscomms. Frankly speaking I really like this counter for the long run but am unsure of the optimal entry point.
incirent ( Date: 03-Feb-2010 11:24) Posted:
Please do not be mistaken. "Throw this rascal out of the window" refers to DBS. My apology
|
|
Please do not be mistaken. "Throw this rascal out of the window" refers to DBS. My apology
Just sharing what I've read. The Dubai exposure is resurfacing.
|
Published February 2, 2010 
|
|
Dubai exposure could weigh on DBS
WRITEDOWNS related to troubled Dubai could have spoilt the party for DBS Group, South-east Asia's biggest bank, in an otherwise strong fourth quarter.
'Total operating income has recovered since the first quarter last year to pre-crisis level and we anticipate it to continue,' said Brandon Ng, an analyst at Philip Capital. 'What can throw a spanner in the works is the allowance required for the Dubai World Finance exposure.'
|
incirent ( Date: 03-Feb-2010 02:59) Posted:
| The negative news from the Middle East has long been discounted. 14 cents for the past three quarters is a pittance. Throw this rascal out of the window.
|
|
The negative news from the Middle East has long been discounted. 14 cents for the past three quarters is a pittance. Throw this rascal out of the window.
Recently read in the Business Times that DBS is having problems recuperating some of it's debt in Dubai. Most likelihood it's stock price will plunge slightly this week due to negative sentiment and will be a good entry point at below $14.00. As this is only a momentary set back it will regain strength in the near future and propel to target price of above $16.00 if vested long term as it has a broad consumer base compare with others in Singapore and guaranted that it will not collapse by the govt. Set aside DBS has never failed to issue out good dividends every quartely.
Now that the US stock market is bouncing back, DBS will also be in a bouncing mood. $13 will be a day dream. $16 will be more realistic up to CNY.
13...is highly unlikely. Most of the bad news had been factored in...the shortists are running out of bullets and have to load up for CNY rally...the buy-in are unexpectedly high...seems like people have started to acknowledge the strength of the market....
Will buy below $13.00 only.
