STI valuation lags behind GDP growth. DBS re-valuation expected.
the intrinsic values of both DBS and STI are significantly higher than the market prices, bases on GDP growth and company revenue growths. The total cash DBS to generate in next 20 years is 2 times of current market capitalization. i will buy more and hold DBS indefinitely unless the company cant deliver growth.
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I believe in Value investing.
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102278658 : what you waiting for, buy la