Shares & Derivatives
Cory Diary : Reading DBS GROUP HOLDINGS LTD First Quarter 2016
By CoryLogics  •  July 19, 2016
DBS Stock Price 8th July '16 : $15.70 since the low of $13.02 Feb and high of $21.43 July last year. That's +17.1% from bottom and -36.5% respectively from top. That's more than one third drop in price.DBS First Quarter 2016 Retail income increased 29%. Loan and Deposits up 35%. Investment product flat. Strong results. Used 8th July price to compute below. Non-Performing Loans (NPL) 1.0% Past quarters increased from 0.9% to 1.0%. Percentage increase 11%. NAV $16.39 Increases $1.09 from $15.30 2015Q1. That's 7.1% up. BV will be 0.96. EPS $1.92 annualised. That's 12.2 % earning yield. PE 8.5. Dividends Regular Dividends assuming 60 cts (Yield 3.82%,  Shares 2,502,742,178) that will be at least $1.5 B annual distribution. 1Q16 earning alone is $1.2 B. Attractive room for Capital Growth. Conclusion ...
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By CoryLogics
I am not an investment adviser. Nothing herein my blog constitutes investment advice. Is my personal believes that not everyone has to go through the hard way. This blog also serve a purpose to help me record my understanding and personal learning growth. I sincerely welcome all comments.
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