$DBS Group Holdings (D05.SG)$ what is a good price to enter?...
$DBS Group Holdings(D05.SG$ what is a good price to enter? it just keeps going up, and it’s quite expensive 😅
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sentosa island : Now when the earnings report comes out, it will rise to 39/42
102988782 : Hope another miracle today. Hit $39
SuperNoobPaPa : If DBS is able to maintain quarterly dividend of $0.54 or $2.16 a year:
Current yield is $2.16 / 38 = 5.70% pa.
If you think the reasonable yield for stock like DBS is 5.00% pa, then we are talking about DBS stock price reaching $43 or +13.2% upside still.
Why the price can hit $43? That’s because everyone feels at 5.70% yield, it is still good. Demand for the stocks will drive the share price up till the yield compress to 5.00%. Then the price of DBS = $43. If it is 4.5% pa yield, then we are talking DBS share price hitting $48.
So my expected target price range is between $43 to $48 per share.
The risk? DBS decides to reduce its dividend amount. So we have to go back to history and see when DBS will cut/ reduce its dividend after new dividend revision.
Good luck!