Category: DBS

Sell @ $15.51

My last batch of bank shares… a loss which will be profitable after Div = 30ct… Decided to opt for DRP @ $14.93 as there's a ~4% discount at current mkt price… but, will end up with odd lots… perhaps good for keeping me interested… 😀

Sell @ $15.19

Cleared the last batch of xd ones for a tiny profit… Still have the cd ones which are still underwater… Current thought is to keep those and sell only if PE / NAV triggers me… 😀

Sell @ $14.87

Having settled my highest priced 'xd' ones yesterday, my BE was hit for 3 other buys… Contra off as one is due… I'd inteded to keep for longer term but my free cash is running low… 😀

Buy @ $14.68

Same reason as UOB… buying to average down… Can't resist the discount to NBV…  😀

Buy @ $14.74

Continue to average down… The xd ones are targeted for short term… DRP = $14.93, better discount now from mkt… Opt for cash then… 😀

Buy @ $14.81

Average down the ones I'd bought earlier due to itchy fingers syndrome… PE = 7.71 ; Yield 4.08%… assuming EPS & DPS won't be getting worse… 😀

The original thought is DBS price will move up so that their PE will be closer to that of UOB & OCBC…. But, for the past couple of sessions, it looks like UOB & OCBC prices are dropping to meet DBS PE instead…

Buy @ $15.01

Itchy fingers… xd today for Div = 30ct… -34ct, not following the script to drop a lot more, perhaps supported by low PE = 7.82 vs 9.84 (UOB) & 10.27 (OCBC)… STI continue to be red for the 9th session, -5.26 @ 2767.81… 😀

Buy @ $15.50, $15.42

Q1 Results was released before mkt opened… EPS = $1.92 vs $1.84 YoY vs $1.71 QoQ…  A good increase vs decreases for UOB & OCBC…. PE slightly below 8 vs 10+ for other 2… Tried to Jump-Q and had to "Force" above $15.48… Matching at $15.52 and ran all the way to $15.68! Left mine in Q and was done within a short time when prices dropped back! So exciting! Closed @ $15.35… just above the low of $15.34…

A new share to my portfolio…  😀