$DBS Group Holdings (D05.SG)$ Share price is more corelated ...
Share price is more corelated to expectation for future than past earnings. but I think DBS is well poisted to deal with the uncertainties near term, how to transit from higher interest rate profitibility => lower interest rate but more loans issued is the key to play out strongly in the next 3-6 months.
After the earnings, I have more confidence in DBS shares, but there’s still concerns from the US economy. Singapore is an export-oriented economy, it is strongly corelated to global economy, especially the US, China and Japan.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
ISTJ OP : Personally, I’d wait for more clarity of the US Fed rate cut and all the after effects before I enter into a position. I’d rather earn lesser than taking loss on my principal
Learned a big lesson before.