It is true that DBS's current valuation & P.E. is higher than it's historical average. But there's a good reason for it, because it's earnings, ROE & dividend yield is also higher than it's historical average....?
Bought on 8th May @26.52. Under water now. Will add on more. Waiting for it to stabilise first. I like the quarter 30C dividends.
Reply to @erickua : Looking at the way things are going, yeah...
It is true that DBS's current valuation & P.E. is higher than it's historical average. But there's a good reason for it, because it's earnings, ROE & dividend yield is also higher than it's historical average....?
Bought on 8th May @26.52. Under water now. Will add on more. Waiting for it to stabilise first.
I like the quarter 30C dividends.
Reply to @erickua : Looking at the way things are going, yeah...