$DBS Group Holdings (D05.SG)$ The hot money start flowing in...
$DBS Group Holdings(D05.SG$ The hot money start flowing in to Asia Market as nasdaq peaked. It took then a month to accumulate n are they done off loading?
Good to take note of last thu n Fri low, it may well be resistance now. Today's huge drop is not due to over selling, will go even lower. For those looking to buy, be patience.
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YEO HONG LEONG : What would be a good price to enter
T Chu OP YEO HONG LEONG : When I decided to buy![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Moomoo88 : thanks. what would be a good price to enter
T Chu OP Moomoo88 : Depend on your objective. Short term gain? Long term with good dividend?
T Chu OP Moomoo88 : I happened to buy DBS last year July for long term with over 4.4% annualised dividend. However, the sudden 10% jump in Jan 21 had me wondering what happened. Ppl was saying going to reach over $40 n I was not convinced n sold. I had monitor sg bank dividend rates for over many years n at most bullish market its around 3.8%. Currently dbs giving 36cts quarterly dividend, if looking for dividend yield then current price looks good. Then I will not buy now as my own number shows market not in over selling stage yet.
101526482 : Sg banks/ Sg dollars were viewed as safe haven for the Interest hikes. But because of the war, I think the funds had exited and are flowing into the energy, gold or oil. Sadly, this maybe just the beginning….