
Unless you are a trader, use the ratio (NAV, PE ... ) as a indicative to buy. Its now a buyer's market in a bearish sessions.
If you are not aware, this is not the first time.
Think this is the 2nd or 3rd time for the past few mths.
DBS price is now worst than UOB :(
DBS
($19.10) ? nearly visited its $18.70 Aug 17 low, touching $18.90. If $18.70
breaks next support at $18.10-20. Rebounded to $21.40 which will be tougher to
repeat this round as resistance will be around $20.50-80. Extra care needed as
the stock a key barometer of banking sector seems the weakest among the 3
banks.
Courtesy of Fraser Securities.
Yup, just park your money away from DBS. Exposure to Sub-prime will affect its earnings.
Liquidity injection by DBS
-
DBS has injected an unspecified amount of liquidity into a special-purpose vehicle named Red Orchid Secured Assets (ROSA) which has exposure to CDOs.
- ROSA issues commercial paper to meet interest payments on 1.1 billion Singapore dollars of CDOs.
pension, why u say so? can pls share your views? we may have missed out something you didn't, just an honest request, no sacarism intended...
stay away from this counter, it will drop further .
rabbitfoot, u short sell 1 lot at 17.90 lah, then we buy in and then other people buy in, then price go up, then we all take profit and have early retirement

If i could cast a magical spell like Harry Potter, I'd do the "Hor Lee Puah Toh" and make the price tumble now.
But patience is the key ...
Come to Papa at 1790 ! Papa waiting patiently for you. Retirement coming leaow.
price sungko at 19.10...mkt somehow comes to a 'halt'...bear taking a breather...
I hoping the prices go further ... so that i can start building up a strong portfolio for my retirement. Any shortist to help push down the price? :)
hee...shorted at 19.2 x1 covered back 18.9 !! :P
Actually hor... DBS share price has been falling since mid July liao - BEFORE the subprime problem hit the news.
yeah, just realise the same...like you mentioned earlier, patience will pay off...think it may drop further, people just don't care what analysts' call for buy for this and other banking counters...need to consider carefully if you wish to sell by end this week 'cos there is no trading in US next Mon...
you reckon? it may not come to that level at that

gho485, i am monitoring now, think a good time to enter maybe after lunch or 4pm

join me tomwong..its going to hit 18.9 soon
yeah, think if it hits lower, can consider using cpf money to buy...quite confident that it will definitely give more than 4% returns when my retirement comes
