$SIA (C6L.SG)$ When DBS is caught low balling. They just rec...
$SIA (C6L.SG)$ When DBS is caught low balling. They just recently published their TP at 6.10 and now have to swallow their pride to increase their TP and sound very reluctant too.
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VaderMoomoo : why DBS assessment so low for SIA
Blue Eyed Boy OP VaderMoomoo : It's simple, they or their clients may have short positions or they may want to buy more SIA shares for cheap.
VaderMoomoo : unless DBS have positions in SIA . Not sure if alot of their clients hold SIA shares, if so it makes sense to buy DBS shares better
Blue Eyed Boy OP VaderMoomoo : Just remember all these analysts have their own interests to call the prices. This time they are forced to increase to 6.50 maybe they will be forced to increase to 6.90.