DBS    Last:42.3    -0.05

DBS to reach $15 by end march 2009

Oh dear, I think I have make a mistake yesterday!  I sold my right as DBS mother's share, so I think I am in a short position :(  So I believe I have to pay penality of $1,000 right?  I didn't know DBS got another share code for right issue!  Very misleading !

AK_Francis      ( Date: 07-Jan-2009 01:24) Posted: Glad u sensed it. In fact news told alrdy, for banks segment performance, in credit clunches. cheongwee      ( Date: 07-Jan-2009 01:05) Posted: 15!!!!...it take Koh Boon Hwee to do a David Copperfield!!!...i dont think he can do that now.

 

DBSR is 1 lot which is 1000 shares. DBS500 is half a lot which allows the investor to buy 500 shares. just like SIA and SIA200. For every 2000 DBS an investor holds, he is given 1000 shares of DBSR. The investor can choose to sell the DBSR at this moment or wait for the letter to convert the DBSR to DBS at the price of $5.42. Last day for conversion is on 20th January 2009. Hope this information is useful to you.

 

$15 hah? Might be earlier than march says me who is quite bullish in terms of the stocks...laughs..

Despite my entry at around 10 bucks, I have managed to make profits with the rights entitlement.  Sold some rights but will subscribe to some shares last day via EPS before subscription closes on 20/1/2009, 9.30 p.m..  For those thinking of extra subscription, it will be quite impossible. If you want DBS shares, better take action now.

 

Glad u sensed it. In fact news told alrdy, for banks segment performance, in credit clunches.

cheongwee      ( Date: 07-Jan-2009 01:05) Posted: 15!!!!...it take Koh Boon Hwee to do a David Copperfield!!!...i dont think he can do that now.. senecus      ( Date: 06-Jan-2009 22:55) Posted: Holding some...for some time...still at negative region even it reach $15..

 

15!!!!...it take Koh Boon Hwee to do a David Copperfield!!!...i dont think he can do that now..

senecus      ( Date: 06-Jan-2009 22:55) Posted: Holding some...for some time...still at negative region even it reach $15... AK_Francis      ( Date: 06-Jan-2009 22:44) Posted: Congrate if u hv vested, thats d good attitude to look forward for good thing

 

hihi every1!!!!!!!!!!!!

i dun realli understand bout the dbs r and dbs r500. hmm...actually wats the difference between the 2 huh?

then after buying it,wat should we do? need to convert to dbs main share izit??? need to top up cash?

can any nice souls pls enlighten me on that?

thanks lots!!!!!

 

Thks...bro...all the best to you.

 

Brother, heng ah, u didn't keep it since mid Oct 07, then it was above 22. BTW, thing twice, if u want to apply excess R for DBS, as AK opines that banks sectors, most analysts claimed that short term is gloomy, with ruling out any shock news on fund investment ie unit trust n other related bonds. Anyway, ball is at your court, u make decision loh. Consult your TR, if need be loh.

Anyway, just treat that a lesson learnt. Some forumers threads are good tutors for stock trading, digest them n remember.

senecus      ( Date: 06-Jan-2009 22:55) Posted: Holding some...for some time...still at negative region even it reach $15... AK_Francis      ( Date: 06-Jan-2009 22:44) Posted: Congrate if u hv vested, thats d good attitude to look forward for good thing

 

Holding some...for some time...still at negative region even it reach $15...

AK_Francis      ( Date: 06-Jan-2009 22:44) Posted: Congrate if u hv vested, thats d good attitude to look forward for good thing. senecus      ( Date: 06-Jan-2009 22:37) Posted: Optimism to overcome pessimism....or just a dreamer's fantasy.

 

Congrate if u hv vested, thats d good attitude to look forward for good thing.

senecus      ( Date: 06-Jan-2009 22:37) Posted: Optimism to overcome pessimism....or just a dreamer's fantasy.

 

Optimism to overcome pessimism....or just a dreamer's fantasy.