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Tuesday, March 3, 2020

DBS Group

The rebound was short-lived and it is now experiencing another leg down!
It is getting more attractive in terms of dividend yield.


I think this selling down is due to US cutting a 0.5% interest rate basis point


I think some may see this as an opportunity to accumulate!

Not a call to buy or sell.
Pls dyodd.

28th Feb 2020
I think we may likely see a rebound soon!
The price has fallen from 26.00 to 24.11 within a span of 1-2 weeks.

RSI & MACD has been driven to oversold territories.


At $24.11, yield is almost 5.47% which is pretty attractive!

I think market bear is giving value investor an opportunity to kio durians!

Not a call to buy or sell.

Pls dyodd.


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