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 SGX Counters, Discussion on Counters in the SGX

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markedestiny
post Mar 17 2020, 05:27 PM

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QUOTE(Singh_Kalan @ Mar 17 2020, 04:32 PM)
No need. 
US sneeze, everyone get sick
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China nowadays can sneeze and whole world get infected biggrin.gif
markedestiny
post Mar 17 2020, 06:39 PM

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QUOTE(moosset @ Mar 17 2020, 06:04 PM)
DBS also don't consider?
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Banks are not in my top tier to buy first...
markedestiny
post Jun 25 2020, 04:24 PM

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QUOTE(prophetjul @ Jun 25 2020, 02:08 PM)
https://www.theedgesingapore.com/news/oil-g...-hin-leong-loss


HSBC and other banks unlikely to recoup Hin Leong loss

Not just this, in general banks could expect more defaults coming soon...
markedestiny
post Jun 25 2020, 05:18 PM

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QUOTE(prophetjul @ Jun 25 2020, 04:29 PM)
Singularly, this default is one of the biggest for regional banks.
And its probably fraud involved.
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Yes, it seems so.

Anyway as I have mentioned before, bank stocks are not in my priority list with more expected defaults coming their way, not just regionally but globally as well. Lower gets lower in this context..

 

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