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DBS Bank – Would I buy this stock at $20?
By Financial Horse  •  October 3, 2020
DBS Bank needs no introduction. Every true-blue Singaporean will recognize the DBS and POSB logo instantly. I’ve had a lot of requests to do an analysis on DBS Bank, so here goes! What is DBS Bank? DBS Bank was originally known as the Development Bank of Singapore. It was created by the Singapore government in 1968 to finance industrial activities in Singapore. But that was a long time ago. Along the way DBS acquired POSB bank, and today it’s the largest bank in South East Asia by assets. DBS’s 5-year chart is set out below, and it’s down about 30% from its cycle highs of $30. Source:  ShareInvestor WebPro Note: The research for this article, and most of the charts here, are sourced from ShareInvestor Webpro. It’s a great way to quickly perform research on Singapore stocks, far more comprehensive and flexible than...
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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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