Annejaz
02-08

In the early 70s we did not have the privilege of mobile phones or apps by which we can purchase stocks of our choice within minutes like it is now. We have to buy or sell stocks through a stock broker. DBS stock was the 2nd stock I bought after a buying stock offered by my company when it listed in the stock exchange in SG. It was a blue chip stock. I picked up interest in buying share and the next stock I bought was DBS shares through a stock broker. When the blue chip stock price went up I wanted to see some quick money and requested the stock broker to sell it but instead the broker sold my DBS shares and guess what?  The price of DBS shares was ONLY $10.50 at the time it was sold.  Thereafter, I did not pursue the matter against the broker for selling the wrong shares and lost interest in trading shares.  Two years ago I pick up interest again and bought DBS shares at $40+ and now it has reached $59.30. I am sure $60 will not be the ceiling for such a strong bank and thanks for the good dividends it gives to shareholders. Congrats DBSπŸ‘πŸ½πŸ‘πŸ½πŸ‘πŸ½πŸ‘πŸ½πŸ‘πŸ½

Modified in.02-08
DBS Q4 Profit -10%: More Decline On The Way With Record High?
DBS Group shares slipped 1.9% intraday after Q4 net profit fell ~10% YoY to S$2.36B, missing consensus S$2.52B. Net interest margin compressed sharply to 2.34% (vs 2.77%), offsetting strong +13.5% fee income growth. While full-year profit dipped 3.2%, total dividends jumped 38% to S$3.06, supported by capital return payouts through 2027. After a ~60% rally since last April and a recent record high, investors are reassessing rate headwinds versus capital returns. Is this just post-earnings digestionβ€”or the start of a deeper bank rotation?
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