DBS    Last:44.6   -

DBS

Sorry, I didn't know you shorted!! I longed 10 lots.

goondoo      ( Date: 10-Dec-2008 14:50) Posted: DBS may not catch up. It is like citigroup in U.S. where the share price collapse totally. Citigroup was at US$57, then GIC struck a deal at around US$30, and last month it fell to US$3, now still at US$8 even after a huge U.S. govt rescue and bailout. Citigroup will never go back to US$30 in our lifetime. Likewise DBS will never catch up UOB in our lifetime as well.

 

DBS may not catch up.

It is like citigroup in U.S. where the share price collapse totally.

Citigroup was at US$57, then GIC struck a deal at around US$30, and last month it fell to US$3, now still at US$8 even after a huge U.S. govt rescue and bailout.

Citigroup will never go back to US$30 in our lifetime. Likewise DBS will never catch up UOB in our lifetime as well.

 

Madam, I am observing. In the race it is better not to lose too many lengths, else catching up needs double efforts.

 

You shouting up the shares? Actually I agree if you really compare the ups and downs and synchronize the movements of the 3 banks.  UOB showing the pace, then comes OCBC followed by DBS trailing the field.  There are like horses running a marathon. Some may be winners by many lengths at the post and some are losers. But the race is still going on.  DBS might be like the historic Jumbo Jet coming from behind.. Hahaha.

ekekeg      ( Date: 10-Dec-2008 11:47) Posted: DBS you should chase up to OCBC and UOB.  Better take some steriods if you have weak legs.  By right you should be above $10.50 by now!!! Don't be a disgrace!!!

 

DBS you should chase up to OCBC and UOB.  Better take some steriods if you have weak legs.  By right you should be above $10.50 by now!!! Don't be a disgrace!!!

 

well...this is Nature's way of stay lean n fit...lah.. :D

stupidfool      ( Date: 04-Dec-2008 21:34) Posted: Typical ang mo style...get rid of the ppl they do not like or getting expensive and employ young,cheaper,fresh ideas and those that belong to their "gang".

 

Yesterday HSI n Nikkie surged 8.7% n 5.2 % respectively. Today, both of them stay so so. There was no sign for them to head for rally.

STI now gained about 8.4%, has got its yesterday entitlement.

If buying this burger there must be strength to hold it if it stay flat next few days or even it shed some

in time to come.

Bank's loan shrinks as less people acquire stuff like car, ppty and even stock investment etc. Same applies to institution ie ppty developers, setting up new coy etc. These would hv impact to the bank's business.

Above is AK view only, no call for anything. CA applies.

 

 

Any idea wats the general direction for DBS today?

Heading up still at 9.450?

 

Never sell short DBS!! Warning because POSB is hiring...shows retrenchment is opportunistic.

ekekeg      ( Date: 03-Dec-2008 14:54) Posted: Might be worth shorting? But it is in trading range 8.94 to 9.50.  Dare you??

 

We often hear some jokes on differnt nationality boss.

Like British boss==silent assassin

Japanese boss===bow and bow bt u find knives at ur back

American boss====stab u rite in ur heart.

LOL

 

Typical ang mo style...get rid of the ppl they do not like or getting expensive and employ young,cheaper,fresh ideas and those that belong to their "gang".

 

S$9.09 ct +0.01ct (Should POSB takeover DBS and cut cost by retrenching the board 1st..?.)

But, to my great surprise, I spotted an online advertisement last Thursday saying that POSB - a subsidiary of DBS - is hiring again, less than two weeks after the retrenchment notice by its parent bank. The job advertisement states that POSB wants to fill many executive positions. DBS could have redeployed some of its retrenched staff to those positions. Perhaps the authorities should look into this seriously.Such corporate decisions affect the mood of workers in large financial institutions, and also affect national morale during bad times.

Mr Darren Chong http://business.asiaone.com/Business/News/Office/Story/A1Story20081201-104677.html

stupidfool      ( Date: 26-Nov-2008 21:01) Posted: Just my opinion on this topic . Western countries,ie,US or UK,like to practise retrencement.To them cutting pay is a sensitive issue.Furthermore,in the western countries,workers are protected by union and cutting pay can be a long drawn out negotiation. Asians on the other hand,like to practise "long term and loyal" employees....thus retrenchment is the last thing to happen. OK....the current CEO of DBS is an ang moh right?So thus he will choose the retrenchment path.

 

Might be worth shorting? But it is in trading range 8.94 to 9.50.  Dare you??

 

Woww liao..911, where got good news..!!!

temp123      ( Date: 03-Dec-2008 14:45) Posted: DBS trading at 911

 

DBS trading at 911

 

Holding none at the moment and not vested through 2008,2009 and 2010. 2011 I may consider! Just personal opinion.

knightbridge      ( Date: 25-Nov-2008 18:13) Posted: From the way of retrenchment, pay cut and bonus cut. I suspect more write down from it investment. Look closer at the latest balance sheet, might find some pit hole. If not QTR still making profit retrench and cut pay so early?? kiasu and risk the wraith of ministry of labour??? Up to u to guess... Next qtr will show, cannot hide forever this is no JAPAN bank.

 

Seriously at the way DBS is trading, dropping everyday irregardless STI up or down, I think it is the going the way of citigroup and possibly the first Singapore bank to make history and need govt intervention like citigroup.

It is frightening to look at the collapse in share price of citigroup and mirror to DBS.

All shareholders like me are prob going to get wiped out. How ridiculous that the financial crisis epicentre is in U.S., the other 2 Singapore banks and other Asian banks are all right but DBS drops to nothing. Worst performing bank in Sg and HK?

 

He is an angmoh but you do what the Rome do. Sorry, he is in Singapore, a Chinese culture community where what you said is true, loyalty & long term.

stupidfool      ( Date: 26-Nov-2008 21:01) Posted: Just my opinion on this topic . Western countries,ie,US or UK,like to practise retrencement.To them cutting pay is a sensitive issue.Furthermore,in the western countries,workers are protected by union and cutting pay can be a long drawn out negotiation. Asians on the other hand,like to practise "long term and loyal" employees....thus retrenchment is the last thing to happen. OK....the current CEO of DBS is an ang moh right?So thus he will choose the retrenchment path.

 

Just my opinion on this topic .

Western countries,ie,US or UK,like to practise retrencement.To them cutting pay is a sensitive issue.Furthermore,in the western countries,workers are protected by union and cutting pay can be a long drawn out negotiation.

Asians on the other hand,like to practise "long term and loyal" employees....thus retrenchment is the last thing to happen.

OK....the current CEO of DBS is an ang moh right?So thus he will choose the retrenchment path.

 

Just afraid that this move had a hidden agenda. An excuse to get rid of long service high paying staff and replace them with a cheaper & younger choice since it's now employer mkt.

singaporegal      ( Date: 26-Nov-2008 19:22) Posted: I feel that DBS should have done the pay/bonus cut BEFORE they conducted retrenchment. Then people would not have been so angry at them.  They got it the wrong way round.