DBS

DBS - 3rd May 2018 Is going Ex-dividend today .

Final dividend of 60 cents + special dividend of 50 cents. Total $1.10.

The price may gap down from $30.63 to $29.53.

 Looking at the chart, yesterday it has formed a wide bearish bar and is almost covering/engulfing the previous candlestick, this is rather bearish. Plus today is the ex-dividend date, we may see a drastic selling down towards $29.00 then $28.90 which is also its 20 days Moving average.

 Breaking down of $28.90 level, next we may be seeing it slide further down towards $28.50 level which is also coincide with its 50 days moving average.


The next support level would be at $27.30 (100 days moving average). The stochastic indicator is pointing to a overbought territories and may likely see further selling down pressure.


Not a call to buy or sell.

Please do you own due diligence.


 Looking at their financial nos for the past 5 years, we can notice that the total revenue didn't really grow that much from 9,174B in 2013 to 10,887B in 2017.

Total net income grow at a faster rate from 4,046B in 2013 to 4,637B in 2017 .


The CAGR is merely about 2.8% which is not really a high single digit nos/nothing great to shout about it.

 Diluted EPS 1.181 in 2013 versus 1.302 in 2017.

 Rolling PE is about 17.22 times.

NAV of $17.804.

P/B is 1.61 times.
yearly dividend has generally been increasing from 58 cents in 2013 to 93 cents in 2017. Yield is about 3.23%




 DBS Group Holdings Ltd provides various commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. It operates through Consumer Banking/Wealth Management, Institutional Banking, Treasury Markets, and Others segments. The Consumer Banking/Wealth Management segment offers banking and related financial services, including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products. The Institutional Banking segment provides financial services and products, such as short-term working capital financing and specialized lending; cash management, trade finance, and securities and fiduciary services; treasury and markets products; and corporate finance and advisory banking, as well as capital markets solutions. This segment serves institutional clients comprising bank and non-bank financial institutions, government-linked companies, large corporates, and small and medium-sized businesses. The Treasury Markets segment is involved in structuring, market-making, and trading across a range of treasury products. The Others segment offers Islamic banking services. The company operates approximately 280 branches across 18 markets. DBS Group Holdings Ltd was incorporated in 1968 and is headquartered in Singapore.