hope you didnt buy in at 36.50
$DBS Group Holdings (D05.SG)$ IMO it is going to be hovering around then slowly dropping. “might” consider repurchasing some after the huge dividend payout drop. “warning: usually more than what dividend pay”
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Nomoredota : Come on, guys. This is a blue chip stock. You dump too early.
Bull riser 101552971 OP Nomoredota : Not only me dump. I can assure you the CEO is going to dump very soon too.
Nomoredota Bull riser 101552971 OP : We shall see lol
dydxequalszero Nomoredota : This is not dumping. This is doing the logical thing. I bought at 33.xx and sold at 35.xx. After that it ran up to 36.80. However, I don’t feel a tinge of regret. For those that chased it up to 36.50 and above, it’s actually the correct thing to sell and cut loss. In the first place, never chase local stocks when it’s near ATH. Local companies are not like US stocks whereby the whole world is pouring in the money and can sustain a prolonged price increase. Most people in other countries don’t even know DBS exists and the momentum can’t be sustained. The price will continue to drop to 34 and even 33 after the ex-date of dividends and further after the bonus issue. It’ll likely take at least 2-3 years before DBS will test new highs of around 36.xx again. So it’s better to sell now and buy back at 30 or 31 after the bonus issue.
dydxequalszero : And never believe analyst when they say the target for DBS is 38.30 or whatever. Most just say so in order to push prices up so that their organisations can offload at higher prices. In the end retail investors suffer.
Bull riser 101552971 OP dydxequalszero : Well said. You the one with brain. It will take a lot for local banks to surpass ATH. Not so easy. at this price is simply not justifiable to get in for that miserable dividend
求市场给饭吃 : 42 coming
Bull riser 101552971 OP 求市场给饭吃 : Lol then you better load more and good luck you. . Count me out. Analysts say 38.3 and you say 42. Wow. If this really goes to 42 then you are better than analysts 🫡🫡🫡
Mr Pistachio Bull riser 101552971 OP : actually it was the analysts who called $42.
求市场给饭吃 Bull riser 101552971 OP : Now 39.
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