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8.34! highest...yeah baby..
$8.26 now ?!?!?!?!? SURE OR NOT ?!??! wat the heck is going on ?!?! supposed to SHOT IT DOWN WAN LEH !! ayoo...... :(
shiok..got dbs @ $8..now $8.2.. cheap sale to own one of s'pore's largest banks
ah har !! open $8.01 !! looks bad !! hee...tempted to SHORT !! :P can i ?!??! :P
ahh...ok finally some official statements from DBS.....BUT!! do u think it will stop the sliding TODAY??
juz SHORT lah...dont waste time ! :D hee......
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_41A0827104495DA74825753C003807CE/$file/120109.pdf?openelement
Plenty of chances to make good profits by entering now. Below is a combination chart of DBS & OCBC. Notice the wide difference! OCBC is indicated by O39.SI while DBS is D05.SI.
bola_no1 ( Date: 12-Jan-2009 23:43) Posted:
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Finally got chance already.
Not that bad at 8.13 loh. X your fingers liao.
rabbitfoot ( Date: 12-Jan-2009 17:57) Posted:
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Nimbled 1 lot at 8.13 today...Budget around the corner.
Ha ha, Nick, got abalone n shark fin tonite liao. Cheers.
nickyng ( Date: 12-Jan-2009 16:48) Posted:
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aya...it may not be KUWAIT this time....jolly well could b some other joker institution !! just SHORT lah! :D
jng1103 ( Date: 12-Jan-2009 16:22) Posted:
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HK Market report:
HONG KONG, Jan 12 (Reuters) - Hong Kong shares fell 2.9
percent on Monday, capping a five-session losing streak that
matched a sell-off in October that took the main index to its
2008 low.
The Hang Seng Index unoffcially closed 421.38 points
lower at 13,956.06, a five-week low for the blue chip index, as
investors pulled out of stocks following dismal U.S. payroll
data.
Chinese banks again led losses as investors continued to fret
about further equity selldowns by strategic stake holders.
The China Enterprises Index of top locally listed mainland
Chinese firms fell 5.4 percent to 7,305.55.
if the news is not true, i think it wont break $8.00 but why DBS spokeman denied the rumor? wats behind the scene? any insider news?
nickyng ( Date: 12-Jan-2009 16:20) Posted:
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wanna bet if it will break <$8 today or this week? hand up?! :P
strong support at $8.10-8.11... break it manz... cum cum $7.xx... hehe
Since the rumours about Kuwaiti exposure has not been true, DBS share price should recover to $9.30, I think.
ticklish8 ( Date: 12-Jan-2009 15:50) Posted:
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Yes, these 3 component stocks did attribute to today's STI performance.
SINGAPORE, Jan 12 (Reuters) - DBS Group slid as
much as 3.8 percent on Monday on speculation about exposure to a
Kuwaiti lender that defaulted on its debt, though the Singapore
bank denied it had any such exposure.
Dealers said DBSshares had been hit on speculation over
DBS''s exposure to Global Investment House , Kuwait''s
biggest investment bank, which defaulted on most of its debt in
the first of several expected casualties among financial firms in
the wealthy oilproducer due to the credit crunch [ID:nL8123879].
"Contrary to recent media reports and media speculation, DBS
has no exposure to Kuwaiti bank Global Investment House." said a
DBS spokeswoman in a statement.
A dealer said DBS''s poor earningsoutlook for 2009 was
preventing a recovery in its share price as investors are
concerned about its loan exposure outside Singapore.
By 0641 GMT, DBS was down 3.4 percent to S$8.13.
The benchmark Straits Times index fell by 0.93 percent.
KEPPEL, COSCO
Singapore-listed oil rigbuilders and shipping stocks fell on
Monday after several contract cancellations, leading to fears
over orders in a sector hit by weakening economic growth and
falling oil prices.
Sembcorp Marine slid as much as 11 percent and
industry leader Keppel Corp also fell up to 8 percent,
after oil services firm Seadrill said on Friday it will
postpone payments for rigs from both firms and after Keppel
saidon Friday a$405 million rig order was cancelled.
DMZ Research in a report on Keppel on Monday maintained a
"neutral" rating for the stock with a target price of S$4.53, but
cautioned Singapore yards may continue to face order
cancellations from highly-geare rig owners.
Shipbuilder and ship repair firm Cosco Corp fell
as much as 9.1 percent, after India''s Great Eastern Shipping Co
said last week it cancelled two contracts with
theChinese firm.
By 0410 GMT, the benchmarkStraits Times index was down
1.08percent.
Wah! $7.40...it surely will take another bad news to get there. Kiv for now, and stay cautious on finance/property, beware of oil & gas, that's the FT's advice. And, stay defensive like...SPH, STE, ST...
OK, I will withdraw my buy Q at $8.05...