Latest Forum Topics / DBS Last:42.43 +0.18 | Post Reply |
Buy DBS Preference Share
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Sept11
Veteran |
17-Nov-2010 19:22
Yells: "Buy high sell higher! " |
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It's like IPO, subject to balloting process if demand exceeds supply (due to overwhelming response). No guarantee of how much u apply is how much u get.
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joshlai86
Veteran |
17-Nov-2010 15:45
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Market crash, the preference shares trading price might fall below par value. But if you hold until 2020 when DBS calls the shares back, and assuming DBS is still alive and kicking, then you will get back your $ plus 10 years of 4.7% interest (assuming they pay every year) at the end of 2020. If you have holding power, it is a worthwhile investment. DYODD. | ||||
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jm2212
Senior |
17-Nov-2010 13:03
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http://forum.channelnewsasia.com/viewtopic.php?t=384484&start=20
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YSL888
Senior |
17-Nov-2010 12:25
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Hi all experts, Please tell what is the difference between preference shares and a bonds? I would like to put my money now in divdend income share now anad is this shares good? Will it fall as much as like other stock in a correcting or crash market? Do i have to hold a certain period to qualify their divdends? I am actually thinking to put my fund in fixed deoposit account and wait until the market crash n bottom by early2012 ( Only my personal view), but find that fixed deposit pay too low return of 0.5% interest. So the we all have the money then to buy again on corrected cheaper share price. May I know what is my risks if I buy these preference shares, is it safe in price if markets really crash? Thanks for your advice. |
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Sept11
Veteran |
17-Nov-2010 09:55
Yells: "Buy high sell higher! " |
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If sell offline (call broker), just say 1 lot will do.1 lot represents 100 unit in this case. If sell online, some securities online platform will let u key in how many share u want to sell. 1 share = 1 unit.
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junction
Senior |
17-Nov-2010 09:53
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I think you are correct. In fact you either get 4.7% if DBS gives dividend or zero if DBS does not declare dividend. There was an article in the Straits Times or Sunday Times several days ago on this and the risks subscribers assume.
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buoijet
Member |
17-Nov-2010 09:04
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If I were to sell 1 lot sometime in the future, do i indicate 100 units as quantity, since 100 units = 1 lot ? Sorry for asking such a simple question, but just wanna be sure. Regards, Jet |
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joshlai86
Veteran |
17-Nov-2010 08:50
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Thanks for the advice. But looking at OCBC and UOB preference shares issued in 2008, they are all trading slightly above their par value plus interest rate, i think we'll find out how the DBS pref shares will perform after it lists. | ||||
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jm2212
Senior |
16-Nov-2010 23:35
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i will like to share with those who expect a high capital gain on this.... i bought this one month ago when DBS released to institution fund houses only, and the current indicated price is $101.5 | ||||
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joshlai86
Veteran |
16-Nov-2010 17:30
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i think when it debut, there is a high chance of making a gross 4.7% return immed. Likely to open around 104.7, which is the fixed interest. | ||||
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shplayer
Elite |
16-Nov-2010 17:18
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Pref share are not so good for quick trades for capital gains. Investors of pref shares usually do it for the yield....in this case 4.7% annually. So, those who subscribe it with the intention to flip it for a 15-25% gain on its maiden trading day may be sorely disappointed. Personnal opinion. DYODD
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WeiQiQi
Member |
16-Nov-2010 17:16
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"your dividend will also increase and there is no maturity date like Bonds" eh... I don't think that is likely as 4.7% is used as a ceiling than a floor. Based on the exisiting 6% ncps which 'matures' next year May 2011, DBS has not paid anything more than 6% in the past 9.5 years ALHTOUGH it has not missed a single payment as well .
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WeiQiQi
Member |
16-Nov-2010 17:12
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suggest you read last sunday's ST which gave a very good write up on this 4.7% pref share. How one can get in, get out, and risks involved.
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alexchia01
Elite |
16-Nov-2010 17:11
Yells: "Catch The Stars And Ride With Them" |
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You don't need to be existing shareholder to apply. Can apply from any ATM.
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alexchia01
Elite |
16-Nov-2010 17:09
Yells: "Catch The Stars And Ride With Them" |
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Yes. Start Trading on 23 Nov 2010.
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Raindrops
Member |
16-Nov-2010 17:03
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Oh so i can sell the 100 shares after gettin it? | ||||
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alexchia01
Elite |
16-Nov-2010 17:01
Yells: "Catch The Stars And Ride With Them" |
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1 Lot is 100 shares, not the usual 1000 shares. So the minimum is $10,000.
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Raindrops
Member |
16-Nov-2010 16:58
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Hi guys? is the meaning of preferential shares means u need to be a DBS stock holder? Anyway, the meaning of $100 is per share? So 1 lot is $100000??? Is it SO EX? | ||||
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des_khor
Supreme |
16-Nov-2010 15:50
Yells: "Tell me who is the God or MFT from this forum??" |
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You just think SATs how high still can go ?? downward potential is higher than upward... what is the point to receive higher dividend with higher risk of downward ??
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hlfoo2010
Veteran |
16-Nov-2010 15:40
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11 lots a lot of money. If buy SATs today with the money??? what is the dividend you have???
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