wait for clarity
A conservative setup For a large bank like $星展集团控股(D05.SI)$ , I prefer to avoid binary bets and focus on confirmation. The clean signals are:
Guidance on NIM (especially how management frames deposit betas)
Credit cost guidance (are provisions still conservative, or drifting toward “normal”?)
Loan growth quality (not just growth for growth’s sake)
If NIM is flat-to-down but credit remains benign and fees improve, the earnings profile can stay attractive. If NIM is down and credit costs are rising, the market usually compresses the multiple quickly.
The key is that banks are “confidence assets”—once investors fear a turn in asset quality, it often takes multiple quarters of clean prints to rebuild trust. That’s why I keep a bias toward patience and data, not narratives.
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.
- Todamoon·2025-12-24TOPwait for confirmation too late. By that time it will be $60 then you will buy at the peak only to see it drop to $55 then you cry about it. lol1Report
- BK99·2025-12-24It’s will be too late if you wait for clarity ! Go read more and act fast1Report