STI fell another 2% today.
The three banks — DBS, OCBC and UOB — also go down. DBS loses $55 and may be heading to $50.
Would you buy the dip now or wait for lower price?
Is it me, or does seem like everyone is overreacting and expressing sentiments of both extremes, some having enough enthusiasm that the market should be recovering, with others believing that it was a crash. Firstly, calling it a crash seems disingenuous at best and malicious at worst. Crash seems to imply something went seriously wrong out of nowhere, but almost everyone took a hit because of the Iran crisis. Anything outside of oil, defence related companies and safe assets like gold, was expected to take a hit. If anything, the rally now might be a false dawn with everyone wanting to delude themselves into believing that everything is fine. Secondly, with the president of the united states, everyone would do well to temper their expectations. He is too chaotic and whimsic
The USA fed delaying the cut of interest rates due to the USA -Iran war. The spore bank shares appear to be benefit from this delay of interest cut. However. Spore Reits will be negatively impacted and share prices will drop due to interest rate is critical to reits capital borrowing costs.
DBS Stock Crash: Scoop Up Shares Before They Skyrocket? 🔥📉
$UOB(U11.SI)$$OCBC Bank(O39.SI)$$DBS(D05.SI)$ Singapore's market is shaking things up big time! The STI just tanked another 2%, dragging the big banks down with it. DBS, OCBC, and UOB all took hits, but DBS is stealing the spotlight—dropping to around $55 SGD and whispering rumors of a slide to $50. Is this the perfect storm to buy the dip, or should you hold your horses for even lower prices? Let's dive deep into the chaos and uncover if now's your golden ticket to riches. 💰🚀 First off, what's fueling this freefall? Global jitters from interest rate tweaks and economic slowdown fears are hammering banks worldwide. For DBS, net interest margins are squeez
Grab the opportunity to load up now. The fear around the Iran situation does not change the narrative that DBS continue to be a solid business with an increasingly diversified income stream.
No one can predict if it will drop further or this is the turning point and rebound after this. Just buy in tranches if you yet to have a full position in DBS. Dividend can cover some downside and hold it for it to compound[USD] [USD] [USD]
DBS - met my target buy at a much better price. Wait for price go down further. Then buy and hold, both for dividends and further upside in next 1-2 yrs in Context of SG rise in AI. STI go up, anything on its top 3 also go up!
Whether D05 will continue to drop or not nobody knows and nobody can control. Important thing is, what is your strategy? My strategy is DCA and buy evey other month. If ones can do it consistently then there is no fear whether or not prices go down, up or in circles
DBS is earning billions in profits. So much so that they can even promise you steady dividends for next few years. I look at the entire STI and there is not one company earning this much every year and willing to share that much of their cash. Going forward, DBS continues to take advantage of AI to cut costs while expanding revenue from the wealth coming into this region. So it's as safe an investment as it gets. The saying goes that if DBS fails, then Singapore itself will be in dire straits. It's that big a part of our economy