
This is a Preference Share, not a Bond.
You look at this too much like a Bond.
The 4.7% is Dividend, not Interest on your principle.
The Dividend is based on DBS Profits.
This is very attractive because if DBS do well, your dividend will also increase and there is no maturity date like Bonds.
It's also traded in the Market, do you know how Hot it's going to be?
Anyway, this is just my personal knowledge, I could be wrong.
Invest at your own risk.
Good luck.
pharoah88 ( Date: 16-Nov-2010 13:03) Posted:
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250 CHANCES per YEAR
tO make
4.7% per DAY per YEAR
1 hIt = 4.7% per YEAR [prObabIlIty 1:250]
10 hIts = 47% per YEAR [prObabIlIty 10:250]
100 hIts = 470% per YEAR [prObabIlIty 100:250]
pharoah88 ( Date: 16-Nov-2010 12:55) Posted:
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O V E R H E A R D :
QE3
Is In The HORIZON
The RISK:
- nO REDEMPTION CLAUSE in this PERMANENT PREFERENCE SHARE
- wIth QE2, InflatIOn will RISE above 4.7%
- cOUpOn rate nOt enOUgh to cOver GST nOw at 7% [wIll be RISING after the ELECTION ? ? ? ?]
- left behind by RISING STOCK MARKET
- mIssIng OppOrtUnIty tO earn 4.7% Or mOre per Day
- mIssIng OppOrtUnIty tO earn 47% Or mOre per Year
- mIssIng OppOrtUnIty tO earn 470% Or mOre per DECADE
- tOtal lOss wIth cOllapse Of DBS based on ####Inherent tendency#### TEST In Case Of BLACK SWAM
- nO capItal gaIns UpsIde
- sUbject tO capItal lOss dOwnsIde
It ALL depends On persOnal RISK APPETITE [pRA]
Today is a Good Day to Apply for DBS Preference Share.
Business: Investment Holding, Banking and Financing, Corporate Advisory Services, Nominee and Trustee Services, Funds Management Services, Stockbroking, Securities Dealership, Credit Card and Venture Capital Operations; In Asia
Issue Price: $100
1. 4.70% Dividend Annually. A Good Guaranteed Return for 10 years.
2. DBS Issuer. A reputable company with strong Singapore Government Support.
3. High Rating from Rating Agencies.
4. Profit is almost Guaranteed.
5. Able to Trade on SGX. Trading starts on 23 Nov 2010.
6. Application Close on 12.00 noon, 18 Nov 2010.
More on my Blog at Alex Trades.
This is just my personal opinion. You invest at your own risk.
Good luck to all.