R and R
commented on a stock · Dec 12 14:54
$DBS (D05.SG)$ With DBS earnings growth trajectory and their...
$DBS (D05.SG)$ With DBS earnings growth trajectory and their target to double wealth management fee by 2027, we could see earnings go pass 15bil. If you like to use PE to value a company, using a value of 13 (which is quite reasonable for a bank of DBS size), that will give us a 200bil valuation and share price of $70 by 2027.
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_MK_Watcher_ : Predicted it closes the day above 438x? Perhaps a last-minute surge can help?