STI Index
OCBC Bank
DBS Bank
CapComm Trust
Saturday 20 June 2020
Now May be the time to invest ... ... If you can hold for 2 years
STI Index
OCBC Bank
DBS Bank
CapComm Trust
Saturday 6 June 2020
Market Favourite and Dropped out - DBS Bank and SATS
Most of us are familiar with these 2 companies, DBS Bank and SATS. SATS was in the news lately when MSCI SG decided to drop it from it's index, thus it was shone the spot light and of course selling pressure.
In another post from the SGX, one would noticed that these 2 counters are among the best and consistent performers. On average, they command a annualized return of 6% over 10 years. How bad can they be moving forward, not forgetting that they are around 5+% div yield now.
DBS Bank
This counter broke the key resistance and gap up, this is a very strong uptrend signal.
SATS
This counter was heavily sold down end of May, could be due to the MSCI SG announcement. One would expect that it will drop even further after the heavy selling. Instead, it made a reversal and just breakout of the key resistance.
In another post from the SGX, one would noticed that these 2 counters are among the best and consistent performers. On average, they command a annualized return of 6% over 10 years. How bad can they be moving forward, not forgetting that they are around 5+% div yield now.
This counter broke the key resistance and gap up, this is a very strong uptrend signal.
SATS
This counter was heavily sold down end of May, could be due to the MSCI SG announcement. One would expect that it will drop even further after the heavy selling. Instead, it made a reversal and just breakout of the key resistance.
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