DBS    Last:42.3   -

DBS is now Singapore's smallest bank

wah, seems like all counters reaching the 5 yr's low today.

with that pace go, 7 yr's or 911's low seem not far stretch liao.

monk bless.

 

around 21 Apr 2003, its price was $8.80

 

At one stage, S'pore mentioned oni needed two big local bank. one is DBS, the other can be UOB or OCBC.

 

At $11.50, DBS is at 5 yrs 4 mths low.

 

Anybody even bothers about market capitalization. Pacific Century (mother of HongKong Telecom) can even halt trading for a week without any announcements.

I think goondoo might not have noticed, the Straits Times and Lianhe Zaobao do not report stock prices anymore.

 

Maybe DBS is now small enough (or if it continue to free-fall) to be taken over by either UOB or OCBC.

I guess this is the only upside catalyst left, wonder how dirt cheap will DBS become? $10? $8? then become 1/2 the mkt cap of the other 2 banks?

 

Haha, the biggest bank by asset in Singapore and South East Asia, and has bold ambitions to be a leading bank in Asia:

Has become the smallest bank in market capitalization in Singapore.

DBS is officially Singapore's smallest bank in mkt cap, haha, talk about good management.

	Now	High	% left	Last price	# of shares	Mkt Cap
DBS	13.04	25.00	0.52	13.04	1,520,355,208	19,825,431,912
UOB	15.60	24.20	0.64	15.60	1,523,275,625	23,763,099,750
OCBC	6.38	9.80	0.65	6.38	3,126,512,712	19,947,151,103