SG Wealth Builder

To make money. To build wealth. To preserve wealth.

DBS CEO laughing all the way to the bank

Sign up as member and get your free copy of investment report on SGX stocks!

SG Wealth Builder Membership

Email notification

If you are not ready to join as member, you may opt to enter your email address to receive notifications of new posts by email. Note that you can only view excerpt of the articles as non-member.

Join 3,058 other subscribers

The recent upturn in Singapore economy led to a surge in local banks’ share price. Generally seen as the bellwether of the economy, bank stocks are extremely sensitive to economy conditions. South-East Asia largest bank, DBS, is no exception. The share price stormed to record high of $26.60, an impressive level not seen even during the boom years preceding the Great Financial Crisis.

The power surge of the share price had created much wealth for many wealth builders, including DBS CEO who bought 200,000 shares for $2.8 million in February 2016. For the man in the street, $2.8 million is lot of money. But for Piyush Gupta, his annual pay package in FY2016 was already $8.4 million. His purchase of DBS shares back then was driven by his conviction that the shares were grossly undervalued.

Indeed, his move was vindicated as the bank’s share price climbed by almost 100% within two years. If Gupta had held the shares from February 2016 till now, he would have made a profit of almost $2.8 million.

With the bullish form of the share price, it is indeed tempting to purchase DBS shares. However, it is important to review the financial performance and assess whether the price is worth the value. After all, price is what you pay and value is what you get when it comes to stock investing.

DBS financial performance 3Q2017

To be honest, the third quarter 2017 results had been disappointing for DBS, not least because of the toxic loans issued to the ailing oil and gas companies. [This is a premium article. The rest of the content is blocked and can be accessible by SG Wealth Builder Members only. To read the full content, please sign up as member.]

You can sign up for the SG Wealth Builder membership. New members signing up now will receive a bonus investment report on Singapore stocks! The membership benefits include:

1) Access to the latest premium articles of SG Wealth Builder
2) Email notifications of latest blog articles
3) Access to Wealth Forum for investment ideas and discussion
4) Free bonus investment report
5) Request for coverage on stocks, insurance and other personal financial topics
6) Comment in articles and Wealth Forum
7) Future network opportunities

Note: After payment is made, you will be prompted with registration form to create your userid and personal password.

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Magically yours,

SG Wealth Builder

Updated: April 5, 2018 — 7:59 am

1 Comment

Add a Comment
  1. Very knowledgeable for share interested in bank stock. TQ.

Leave a Reply

SG Wealth Builder © 2018 Frontier Theme
Powered by WishList Member - Membership Software
%d bloggers like this: