Singapore Stock Market News
DBS Group - Dousing the margin excitement
StockFanatic
Publish date: Thu, 01 May 2014, 02:07 PM
StockFanatic
0 10,453
Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
In its post-results briefing, DBS explained why margins did so well. Margins expanded in 1Q14, partly due to the after-effects of China tightening and the ability to roll investment securities into similar duration papers at higher yields. While margins are likely to soften qoq, it will still be higher than those in 2013. On the other hand, while trying to douse the excitement on margins, the guidance for non-interest income engines sounds more sustainable and bullish.
We raise our FY14-16 EPS by 2-11%, lifting our target price to S$20.76 (GGM, based on 1.4x CY15 P/BV) in the process. Our Add rating is intact.
Read more » More articles on Singapore Stock Market News
Market Commentary: Record highs on trade, vaccine developments
Created by StockFanatic | Aug 26, 2020
Market Commentary: Record highs on trade, vaccine developments
Created by StockFanatic | Aug 26, 2020
Market Commentary: Data help US market end week on a high note
Created by StockFanatic | Aug 24, 2020
Market Commentary: Data help US market end week on a high note
Created by StockFanatic | Aug 24, 2020
Market Commentary: And they are back, with S&P within inches of record high close
Created by StockFanatic | Aug 13, 2020
Market Commentary: And they are back, with S&P within inches of record high close
Created by StockFanatic | Aug 13, 2020
Market Commentary: US negotiations over stimulus continue amid diplomatic tensions
Created by StockFanatic | Aug 11, 2020
Market Commentary: US negotiations over stimulus continue amid diplomatic tensions
Created by StockFanatic | Aug 11, 2020
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
RHB Investment Research Reports
2
CEO Morning Brief
3
RHB Investment Research Reports
4
RHB Investment Research Reports
Bumitama Agri - Decent 3Q24 Net Profit Despite Output Drag; BUY
5
RHB Investment Research Reports
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
