RotiBlata

wait for below $17.50 ... hehehe

RotiBlata

Reply to @ljunyuan : I bought at below that price before .. i believe the day will come again .. be sure to collect it with a bathtub and not a thimble .. hehehe

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Bobbilipuli

Amongst the three banks as well as other minor players, DBS offers the lowest rates on short term as well as other fixed deposits. Their NIM ,with these as well as large CASA base , is subsequently better "protected".
My simple observation- most of the time in public places having ATMs of all three banks, the crowd waiting for the DBS machine is always the biggest! This shows the depth of its CASA account base. A proxy indicator of being flush with funds to lend and make money on!!

Bobbilipuli

It is fairly priced in my opinion and it is s buy at 24 and under. Although the historical P/E ratios as well as P/BV ratios are looking higher, the Higher dividends would offer a floor under the price. Of course, Global recessions and short term corrections that may not be predictable, will offer us better buying opportunities. I will buy at 24$.

ljunyuan

Reply to @Bobbilipuli : Ya agree with you that based on the current valuations, the bank is fairly priced currently. I personally feel it'll drop - especially if Trump suddenly does any U-turn on the trade war situation, or if UK leaves Euro without any deal. In fact, any funny deals that Trump may have with Kim Jong Un may also send the stock market down. Let's see... :)

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