Kum Weng
09-27 15:53

$DBS(D05.SI)$  

DBS Group (D05.SI) — Assessment

Conclusion: The business quality and dividend profile remain solid, but the entry point is not attractive right now. At SGD 78.00, DBS trades within 1.3% of its 52-week high and in the 96.7th percentile of its 52-week range, on a P/E TTM of ~19.9x and P/B of 3.15x — rich multiples for a bank whose EPS growth has flattened. The stock is priced for continued strength, so the risk-reward skew looks neutral-to-unfavourable for a fresh entry at this level rather than clearly positive.

Winning Trades
Share your positions with us! This is a column where you can find the winning trades of our fellow tigers. There probably are a few potential opportunities that you may have overlooked.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment
12