Tmr cfm dwn agn. Tidal wave 1st, follow by tsunami

Toxic Debt Cross Holdings Amongst Banks

Goldman Sachs TP for DBS - $24.50

http://www.nextinsight.net/index.php/story-archive-mainmenu-60/927-2015/10170-dbs-group-best-placed-to-benefit-from-rising-short-end-rates

1. Thanks FATABA, that helps. I' ll wait for a few more days for the dust to settle - though it may be too late (again) for a comfortable entry, heh.

2. I just read Motley Fool' s article that said " It is currently priced at a 35% premium to its book value. Thus this measure could suggest that DBS is already too expensive. It would need to fall by around 25% to below S$15 a share before it might appeal to hard-core value investors." ... wonder how long is the wait for DBS to get to mid teens: https://www.fool.sg/2014/12/30/at-what-price-would-benjamin-graham-buy-dbs

Would it be a case of W.L.L.?

Xd of 30 is one > today all components drop ....sellers seem to be big USA houses like Goldman and citigold.
Anyway ...banks are all affected. I think they are oversold now

Posted: July 31, 2015 10:57 am

Posted by: @invreview

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Hi all,

I have been watching D05 and saw the past 4 red days - anybody knows what' s the reason for the drop?