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DBS takes another hit as analysts lower targets
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ozone2002
Supreme |
13-Jan-2009 09:33
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8.34! highest...yeah baby.. | ||||
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nickyng
Supreme |
13-Jan-2009 09:14
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$8.26 now ?!?!?!?!? SURE OR NOT ?!??! wat the heck is going on ?!?! supposed to SHOT IT DOWN WAN LEH !! ayoo...... :( | ||||
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ozone2002
Supreme |
13-Jan-2009 09:13
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shiok..got dbs @ $8..now $8.2.. cheap sale to own one of s'pore's largest banks | ||||
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nickyng
Supreme |
13-Jan-2009 09:01
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ah har !! open $8.01 !! looks bad !! hee...tempted to SHORT !! :P can i ?!??! :P | ||||
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nickyng
Supreme |
13-Jan-2009 08:53
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ahh...ok finally some official statements from DBS.....BUT!! do u think it will stop the sliding TODAY?? juz SHORT lah...dont waste time ! :D hee...... http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_41A0827104495DA74825753C003807CE/$file/120109.pdf?openelement |
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Laulan
Master |
13-Jan-2009 07:46
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Plenty of chances to make good profits by entering now. Below is a combination chart of DBS & OCBC. Notice the wide difference! OCBC is indicated by O39.SI while DBS is D05.SI.
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bola_no1
Senior |
12-Jan-2009 23:43
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Finally got chance already. |
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AK_Francis
Supreme |
12-Jan-2009 22:52
Yells: "Happy go lucky, cheers." |
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Not that bad at 8.13 loh. X your fingers liao.
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rabbitfoot
Veteran |
12-Jan-2009 17:57
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Nimbled 1 lot at 8.13 today...Budget around the corner. | ||||
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AK_Francis
Supreme |
12-Jan-2009 17:48
Yells: "Happy go lucky, cheers." |
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Ha ha, Nick, got abalone n shark fin tonite liao. Cheers.
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nickyng
Supreme |
12-Jan-2009 16:48
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aya...it may not be KUWAIT this time....jolly well could b some other joker institution !! just SHORT lah! :D
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ticklish8
Senior |
12-Jan-2009 16:23
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HK Market report: HONG KONG, Jan 12 (Reuters) - Hong Kong shares fell 2.9 percent on Monday, capping a five-session losing streak that matched a sell-off in October that took the main index to its 2008 low. The Hang Seng Index unoffcially closed 421.38 points lower at 13,956.06, a five-week low for the blue chip index, as investors pulled out of stocks following dismal U.S. payroll data. Chinese banks again led losses as investors continued to fret about further equity selldowns by strategic stake holders. The China Enterprises Index of top locally listed mainland Chinese firms fell 5.4 percent to 7,305.55. |
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jng1103
Senior |
12-Jan-2009 16:22
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if the news is not true, i think it wont break $8.00 but why DBS spokeman denied the rumor? wats behind the scene? any insider news?
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nickyng
Supreme |
12-Jan-2009 16:20
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wanna bet if it will break <$8 today or this week? hand up?! :P | ||||
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jng1103
Senior |
12-Jan-2009 16:11
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strong support at $8.10-8.11... break it manz... cum cum $7.xx... hehe |
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Laulan
Master |
12-Jan-2009 16:09
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Since the rumours about Kuwaiti exposure has not been true, DBS share price should recover to $9.30, I think.
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AK_Francis
Supreme |
12-Jan-2009 15:57
Yells: "Happy go lucky, cheers." |
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Yes, these 3 component stocks did attribute to today's STI performance. |
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ticklish8
Senior |
12-Jan-2009 15:50
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SINGAPORE, Jan 12 (Reuters) - DBS Group slid as much as 3.8 percent on Monday on speculation about exposure to a Kuwaiti lender that defaulted on its debt, though the Singapore bank denied it had any such exposure. Dealers said DBSshares had been hit on speculation over DBS''s exposure to Global Investment House , Kuwait''s biggest investment bank, which defaulted on most of its debt in the first of several expected casualties among financial firms in the wealthy oilproducer due to the credit crunch [ID:nL8123879]. "Contrary to recent media reports and media speculation, DBS has no exposure to Kuwaiti bank Global Investment House." said a DBS spokeswoman in a statement. A dealer said DBS''s poor earningsoutlook for 2009 was preventing a recovery in its share price as investors are concerned about its loan exposure outside Singapore. By 0641 GMT, DBS was down 3.4 percent to S$8.13. The benchmark Straits Times index fell by 0.93 percent. KEPPEL, COSCO Singapore-listed oil rigbuilders and shipping stocks fell on Monday after several contract cancellations, leading to fears over orders in a sector hit by weakening economic growth and falling oil prices. Sembcorp Marine slid as much as 11 percent and industry leader Keppel Corp also fell up to 8 percent, after oil services firm Seadrill said on Friday it will postpone payments for rigs from both firms and after Keppel saidon Friday a$405 million rig order was cancelled. DMZ Research in a report on Keppel on Monday maintained a "neutral" rating for the stock with a target price of S$4.53, but cautioned Singapore yards may continue to face order cancellations from highly-geare rig owners. Shipbuilder and ship repair firm Cosco Corp fell as much as 9.1 percent, after India''s Great Eastern Shipping Co said last week it cancelled two contracts with theChinese firm. By 0410 GMT, the benchmarkStraits Times index was down 1.08percent. |
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Farmer
Master |
12-Jan-2009 15:00
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Wah! $7.40...it surely will take another bad news to get there. Kiv for now, and stay cautious on finance/property, beware of oil & gas, that's the FT's advice. And, stay defensive like...SPH, STE, ST... | ||||
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jng1103
Senior |
12-Jan-2009 14:02
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OK, I will withdraw my buy Q at $8.05... | ||||
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