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DBS Group
Commentary
Singapore banks could use the scepticism: Bloomberg Gadfly
SINGAPORE (Aug 1): It took an earnings announcement from the smallest of Singapore's banks to shake the edifice of optimism that investors had built around all three of them.
August 01, 2017
Broker's Calls
Strong 1Q mortgage loan applications data signals upside for these two Singapore banks
SINGAPORE (June 28): RHB is maintaining its “neutral” stance on Singapore’s banking sector as Credit Bureau Singapore (CBS) data reflected a 20% q-o-q increase in 1Q17 loan applications, which the research house says is a positive for Singapore bank
June 28, 2017
Broker's Calls
Do record 1Q earnings signal the end of DBS Group's NPL woes?
SINGAPORE (May 3): RHB and Maybank Kim Eng Research are reiterating their “neutral” and “hold” calls on DBS Group at price targets of $20.50 and $19.86 respectively, up from the previous $19.35 and $18.13.
May 03, 2017
Results
DBS 1Q net profit up 1% to record $1.2 bil on fee income
SINGAPORE (May 2): DBS Group reported 1Q net profit rose to a record $1.21 billion, up 1% from a year ago on record fee income.
May 02, 2017
Broker's Calls
Don’t expect the rally of banking stocks to roll on
SINGAPORE (Nov 30): UBS Global Research does not expect the recent share price rally of Singapore banking stocks to be sustainable.
November 30, 2016
Broker's Calls
Finally, some good news for DBS?
SINGAPORE (Nov 24): RHB is maintaining its “buy” recommendation for DBS Group, and raised its target price from $17.30 to $18.38, as market watchers become increasingly certain that the US Federal Reserve will raise interest rates in December.
November 24, 2016
Singtel hires three banks for up to US$2.5 bil NetLink IPO, says IFR
(Nov 18): Singapore Telecommunications hired three banks to manage an initial public offering (IPO) of up to US$2.5 billion ($3.6 billon) for its broadband subsidiary NetLink Trust, IFR reported late on Thursday, citing people close to the deal.
November 18, 2016
Broker's Calls
It's 4 buys out of 4 for this stock
SINGAPORE (Nov 17): UOB Kay Hian, DBS Group, OCBC and RHB are all calling a “buy” on ComfortDelGro with target prices of $2.90, $3.09, $3.08 and $3.19 respectively.
November 17, 2016
Broker's Calls
Banks should do better with a rate hike but which would gain most?
SINGAPORE (Nov 8): Singapore banks could see better days after the US Federal Reserve announces its rate hike later this year, according to RHB Research which is maintaining its “neutral” rating on the sector.
November 08, 2016
Broker's Calls
This analyst isn’t buying the banks' results. Should you?
SINGAPORE (Nov 7): Maybank Kim Eng is maintaining its “negative” recommendation on Singapore banks, in anticipation of further asset quality deterioration, even as the local lenders have focused on revenue generation in 3QFY16.
November 07, 2016