user
koolgal
2024-11-07

🌟🌟🌟I am really thrilled that DBS $DBS Group Holdings(D05.SI)$  hit an all time high today at SGD 41.87 after release of an excellent Q3 24 Earnings.  DBS' Net Profit for the quarter rose 17% year on year to SGD 3.03 billion.  This is a historic record for DBS as it crosses SGD 3 billion mark for the first time ever.   It is also the first time that DBS' share price has crossed the SGD 40 mark. 

Even better, DBS is increasing its dividends to 54 cents per share, up from 48 cents declared in previous year quarter.  DBS has also announced a new share buyback programme of SGD 3 billion. 

What an amazing Bank!  My strategy of Buying and Holding DBS long term has certainly paid off. 

@Tiger_SG  @Tiger_comments  @TigerStars

All Time Highs! Can SG Banks Continue to Outperform SPX This Year?
DBS, OCBC, and UOB all hit all time highs today and then pullback. The three major banks achieve more than 30% gains in 2024. DBS has risen 52% in 2024β€”can it maintain this upward trend this year? Are the three major banks the most worthwhile Singapore stocks to buy? What are the best reasons to invest in the three major banks? Can they still outperform S&P 500 in 2025?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • ELI_59
    2024-11-07
    ELI_59
    Congrats koolgal πŸ‘πŸ»πŸ‘πŸ»πŸ‘πŸ»πŸΎπŸΎπŸΎπŸ’°πŸ’°πŸ’°
    • koolgal
      Appreciate your support and encouragement πŸ₯°πŸ₯°πŸ₯°
    • koolgal
      Thanks 😍😍😍
  • N30
    2024-11-07
    N30
    Congrats Koolgal πŸ‘πŸŽ‰
    • koolgal
      Have a wonderful day 🌈🌈🌈
    • koolgal
      Best of luck πŸ€πŸ€πŸ€
    • koolgal
      May you be just as blessed with Winning Stocks πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
    • koolgal
      Thanks @N30 😍😍😍
  • ELI_59
    2024-11-07
    ELI_59
    I buy this stock if I have the funds πŸ˜…
    • koolgal
      Best of luck πŸ€πŸ€πŸ€
    • koolgal
      STI ETF - low cost, maximum value.
    • koolgal
      This powerful ETF has all 50% weightage of all the 3 banks.
    • koolgal
      A low cost way to tap into DBS, OCBC and UOB is to invest in $STI ETF(ES3.SI)$
  • 1PC
    2024-11-07
    1PC
    Congratulations πŸŽ‰ [USD]
    • koolgalReply1PC
      May You Huat To The Max too. πŸš€πŸš€πŸš€πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
    • 1PCReplykoolgal
      Huat Together πŸ’ͺ Banks [Smart] [Call] [Call] [Call] [Call]
    • koolgal
      May you have Lots of winning trades too. πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
    • koolgal
      Thanks 😍😍😍
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