Asian mentality
$DBS Group Holdings(D05.SG$ Buy, buy, wait, it goes up to 40 yuan, let's have a big meal
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tothemoooonnn :![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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40 40
Maniac Fool : 36 is already too pricey![face_with_rolling_eyes 🙄](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f644.png)
sentosa island OP Maniac Fool : It's too low
101715479 Maniac Fool : As per analyst it can go up to 43. Check the Dbs
unfilteredtruths 101715479 : One analyst say 43. One say 36. One say 40. You believe which one?
101715479 unfilteredtruths : 40 at least it will go. But it will take 1 year
Mr Pistachio : These analysts have same data yet can differ by so much.Ridiculos!.May as well get Paul the Octopus to predict price ..
unfilteredtruths 101715479 : I think share price follows the dividend. 6% usually the sweet spot. At 54 cents, share price usually hovers around $36. If dividend rises to 60 cents, share price may go to $40.
unfilteredtruths Mr Pistachio : Yes. Some use net profits to estimate, some use free cash flow, some use debt. But I think if all estimate share price to increase, still a good indicator.