Thanks for the compliment! Really happy that you appreciate it. With regard to entry point it depends on what dividend yield do you want to buy in. For example at the expected annual dividend of 216cents, DBS at $36 would give you 6% dividend yield. So you will have to see the expected dividend yield you will get. In terms of allocation I would say holding more of DBS is better. Followed by ocbc and uob. DBS is obviously the standout performer with higher ROE and their earnings call was fantastic. We will see this quarter how it progresses but I am sure the three banks should do fine. Any dip in prices would be a welcome opportunity to buy
DBS definitely solid and I expect them to continue giving good returns to shareholders. My target is $36 and below, yield at least 6%. Likely buying opportunities occur is when Federal Reserve announces interest rate cuts.
Haha yes below $36 will definitely be more attractive. Think they will have no problem increasing their dividend for next year as well(based on their earnings call). Yes most probably cut will happen in closer to year end and historically bank share prices should drop
At $36.50 will be around 5.91% yield if you assume 216 cents of annual dividend. Of course it might still be attractive if you have alot of excess cash to allow you to slowly buy in. I feel that long term wise the DBS definitely will continue to do well as a dividend stock
Forecast of DBS quarterly DPU : 54 cts will give me at least 6.6% annual yield ! Not yet include special bonus in Q4 ! Hope price correction towards $35 plus ,so i can buy back a bit soon . Get ready 2 collect dividend on 8th Aug Pagi 🤣🇸🇬
Yes their quarterly dividend of 54cents is definitely no issue because their Q1 payout ratio was only 52%(post dilution). It is insane how much income they are generating. Hopefully there will be special dividends as the good result continues as the management is confident and mention about having too much capital on hand. I feel that might be price correction if interest rate cuts. But it is definitely not guaranteed as short term share price movement can be unpredictable.
Precisely, should rate cuts happen people will move their funds to seek for a higher return. As dbs gets priced lower supposedly due to its lower nim, it gets a more attractive yield together with a 50+% payout ratio. Not forgetting dbs plan to increase their wealth management aum to 500b by 2026, this is where the additional profit comes from. Lower rates means more loans as well so i doubt to see any trouble with dbs as a long term holding. Why borrow when you can be a lender. Not easy to disrupt a systematically important bank but ofc now price is abit high. Will wait for retrace under 36 to start buying back in. If not wait and reinvest div.
Yes thats what I feel as well based on their earnings call. They are hedging the loans + increasing incomes from the non-interest side which can be seen from their results. Yes they are definitely solid and I expect them to continue giving good returns to shareholders. Agreed on the share price seems like it is quite high now. Hopefully when interest rate cuts, bank shares might drop temporary for opportunity to buy 👍
I am just drawing conclusions based on the inflation data which came in surprisingly low. We’ll see if it happens. Either way will still be okay for the banks 👍
There are definitely other investment opportunities out there rather than just investing in DBS bank and there will be hatred for any stocks. So your opinion is welcome :)
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nice video covering the banks! jia you~ 😁
Thanks for the compliment! Jia you to you too! 👍
As usual, a good video.
What is your suggested entry price for the three banks and what is the proportion of allocation. Thx.
Thanks for the compliment! Really happy that you appreciate it.
With regard to entry point it depends on what dividend yield do you want to buy in.
For example at the expected annual dividend of 216cents, DBS at $36 would give you 6% dividend yield.
So you will have to see the expected dividend yield you will get. In terms of allocation I would say holding more of DBS is better. Followed by ocbc and uob. DBS is obviously the standout performer with higher ROE and their earnings call was fantastic.
We will see this quarter how it progresses but I am sure the three banks should do fine. Any dip in prices would be a welcome opportunity to buy
DBS definitely solid and I expect them to continue giving good returns to shareholders. My target is $36 and below, yield at least 6%.
Likely buying opportunities occur is when Federal Reserve announces interest rate cuts.
Haha yes below $36 will definitely be more attractive. Think they will have no problem increasing their dividend for next year as well(based on their earnings call).
Yes most probably cut will happen in closer to year end and historically bank share prices should drop
If factors in coming dividends buying below $36.50 is still $6% yield. I will add gradually.
At $36.50 will be around 5.91% yield if you assume 216 cents of annual dividend. Of course it might still be attractive if you have alot of excess cash to allow you to slowly buy in.
I feel that long term wise the DBS definitely will continue to do well as a dividend stock
Forecast of DBS quarterly DPU : 54 cts will give me at least 6.6% annual yield ! Not yet include special bonus in Q4 ! Hope price correction towards $35 plus ,so i can buy back a bit soon . Get ready 2 collect dividend on 8th Aug Pagi 🤣🇸🇬
Yes their quarterly dividend of 54cents is definitely no issue because their Q1 payout ratio was only 52%(post dilution). It is insane how much income they are generating.
Hopefully there will be special dividends as the good result continues as the management is confident and mention about having too much capital on hand.
I feel that might be price correction if interest rate cuts. But it is definitely not guaranteed as short term share price movement can be unpredictable.
Precisely, should rate cuts happen people will move their funds to seek for a higher return. As dbs gets priced lower supposedly due to its lower nim, it gets a more attractive yield together with a 50+% payout ratio. Not forgetting dbs plan to increase their wealth management aum to 500b by 2026, this is where the additional profit comes from.
Lower rates means more loans as well so i doubt to see any trouble with dbs as a long term holding. Why borrow when you can be a lender. Not easy to disrupt a systematically important bank but ofc now price is abit high. Will wait for retrace under 36 to start buying back in. If not wait and reinvest div.
Yes thats what I feel as well based on their earnings call. They are hedging the loans + increasing incomes from the non-interest side which can be seen from their results.
Yes they are definitely solid and I expect them to continue giving good returns to shareholders. Agreed on the share price seems like it is quite high now. Hopefully when interest rate cuts, bank shares might drop temporary for opportunity to buy 👍
Goodluck in waiting for cuts 😂
I am just drawing conclusions based on the inflation data which came in surprisingly low. We’ll see if it happens. Either way will still be okay for the banks 👍
Dbs is one of the shit
There are definitely other investment opportunities out there rather than just investing in DBS bank and there will be hatred for any stocks. So your opinion is welcome :)
UOB bank sucks, bank with DBS or OCBC
U are referring to their service or the stock itself?