$41.85 HIGH

CONGRATS TO ALL DBS BANK SHAREHOLDERS!

           

hahaha, congrats!
btw, i did calculation using co-pilot to compare qqq and dbs past 5 years, including dividend... qqq seems still the big winner.

Let’s break down the performance of an investment of $1,000 in both QQQ and DBS Bank over the past 5 years, including dividends.

QQQ (Invesco QQQ Trust)
Stock Price Growth:
The price of QQQ has increased from around $170 in November 2019 to approximately $514 in November 20241.
This represents a price appreciation of about 202%.
Dividends:
QQQ has paid quarterly dividends, with a total of approximately $13.50 per share over the past 5 years23.
DBS Bank (SGX: D05)
Stock Price Growth:
The price of DBS Bank has increased from around SGD 24 in November 2019 to approximately SGD 39 in November 20244.
This represents a price appreciation of about 62.5%.
Dividends:
DBS Bank has paid quarterly dividends, with a total of approximately SGD 8.10 per share over the past 5 years56.
Calculating Returns
QQQ:
Initial Investment: $1,000
Number of Shares Purchased: $1,000 / $170 ≈ 5.88 shares
Value After 5 Years: 5.88 shares * $514 ≈ $3,020.32
Total Dividends Received: 5.88 shares * $13.50 ≈ $79.38
Total Return: $3,020.32 + $79.38 = $3,099.70
DBS Bank:
Initial Investment: SGD 1,000
Number of Shares Purchased: SGD 1,000 / SGD 24 ≈ 41.67 shares
Value After 5 Years: 41.67 shares * SGD 39 ≈ SGD 1,625.13
Total Dividends Received: 41.67 shares * SGD 8.10 ≈ SGD 337.53
Total Return: SGD 1,625.13 + SGD 337.53 = SGD 1,962.66
Summary
QQQ: Your $1,000 investment would have grown to approximately $3,099.70.
DBS Bank: Your SGD 1,000 investment would have grown to approximately SGD 1,962.66.

reinvested the dividend
QQQ: Your $1,000 investment with reinvested dividends would have grown to approximately $3,141.54.
DBS Bank: Your SGD 1,000 investment with reinvested dividends would have grown to approximately SGD 2,042.21.

past one year performance
DBS Bank: 18.8% increase
QQQ: 39.1% increase

don't mean to pour cold water, i find dbs performance amazing and i love the stock. but the boring qqq still delivers.

CONGRATS TO ALL DBS BANK SHAREHOLDERS!
IT'S ABOVE $35 AGAIN!

     

what is the current consensus regarding the big 3 sg bank stocks? DBS, UOB, OCBC for end of 2024. Any opinions are appreciated.

Given the recent rally and inevitable rate cuts, pullbacks seem inevitable and it doesn't seem to be a good time to enter now at ATH for any of them.

Oh no...

Bloomberg Industries | Finance

DBS Hires Private Bankers for Rich Russians as Rivals Balk

Singapore lender grew Russian-speaking team to at least nine
Some financial firms stayed away on growing sanction risks

https://www.bloomberg.com/news/articles/202...-as-rivals-balk

This was 16 Aug!  $35!

sold 38.88 the batch that i buy recently 33.88

profit enough for my holiday.

if go up somemore its too bad too sad.

but if drop then only buy back.

I hold OCBC and UOB only
Plan to buy DBS when pricing get lower

I like OCBC mainly because it involve not only banking but also insurance  business

When will dbs pricing get lower?

DBS at  $40.50

Feb this year, at 30, wah so high , wait drop then buy

come June at $35, ok ok will buy later when $30 

Come November....

Cause if they accept Russia client, DBS maybe target of US sanctions

US can fine them or put additional sanctions on Singapore for facilitate movement of money.

I ran out of bullets not even sure I could have bought with a dropped price lol

SGX not allowing fractional haiyoo

Now it is hitting highs after dividend. Incredible!
$ 43.27

     

I’m B40
Amboi happynye

Any idea what’s the reason for this increase?
Is this the share buyback or the results or both

It is now $44.66  high.

 

DBS hit $44.97 HIGH. Will we see $45 today?

OCBC hit a high of $17.10

HIT $45! 

Old news by now, but still worth knowing:

UK activist investor Palliser takes protest against Great Eastern takeover to MAS, SGX
FT report cites Palliser criticising OCBC offer as ‘gravely unfair’ to shareholders

https://www.businesstimes.com.sg/companies-...akeover-mas-sgx

Yea. My medical and life is GE. So by owning OCBC, i get dividends to offset my insurance. 😆 like this right?