Recent buy for DBS

buy-dbs-14-95

Increase my DBS holding with a value of $76,309.200 hence bought more shares to average down the cost, instead position myself by investing significant capital in one lump sum. For the month of October, will be receiving $1260 cash dividend.

Globally, the economy remains weak and oil prices remain gloomy, however there’s several share buy-back from DBS for the month of September.

I will still continue to invest in DBS and monitor the market situation, especially the different risk factors which will affect the banks from Interest rate, bank exposure to countries and oil sector, etc.

Recent buy for DBS

Buy DBS 14.92

Increase my DBS holding with a value of $74,815.700 hence bought more shares to average down the cost, instead position myself by investing significant capital in one lump sum.

The recent Swiber collapse, it’s a hit to DBS share price and raise a concern on the bank exposure to the oil & gas sector. Due to years of low oil price, this has greatly depressed the sector and should this situation continue to prolong, likely we are going to see more relevant companies to implode. Hopefully, there will be positive action undertake by OPEC this coming meeting.

Apart from that, due to the global economic weakness includes the post Brexit handling, coming US presidential election and others. The Fed might raise the interest rate during the year end or there’s a possibility without a raise. Generally, with the current low interest rate, it actually affects the bank interest margin.

I will still continue to invest in DBS and monitor it. There could also be a possibility, I will consider to sell it at a loss subjected to the market conditions, which will affect the banks.

Recent buy for DBS

Buy DBS 16.100

Increase my DBS holding with a value of $73,323.600 hence bought more shares to average down the cost, instead position myself by investing significant capital in one lump sum. Currently, DBS is supported and above the 20, 50 and 200 days moving average. There might be a possibility for it to trend higher, provided if there’s no bad news from the global market. Apparently, we can’t really forecast things going to happen for the next couple of months or years.

Therefore, I will still continue to invest in DBS and monitor it.

Recent buy for DBS

DBS price at 15.510

Increase my DBS holding with a value of $71,713.100 hence bought more shares to average down the cost, instead position myself by investing significant capital in one lump sum especially after the Brexit, the market tend to be more volatile with more uncertainly and likely the global economy will be weaker.

Therefore, with those market turmoil, I will still continue to invest in DBS despite banks tend to be aligned with the economic cycle. With the recent $1200 cash dividend I have receive from my investment in DBS shares, the next dividend payout will be in Sept.

Collect $1200 cash dividend from DBS

DBS Dividend for 2016

On the 20th of June 2016, receive the $1200 cash dividend from my investment in DBS shares. Nothing beat to see real hard cash from your investment despite stocks in the market have not been doing well since last year 2015.

Especially, the announce of the Brexit, all markets have been down. Billions of dollars have been wiped off from the UK market within minutes. Therefore, the next couple of months likely the market to remain unfavorable and US will also hold back the interest rate hike as well.

How is my DBS doing now?

DBS 15.730

This coming week Sunday on the 17th of April 2016, there will be a meeting between the OPEC and non-OPEC oil producers discussion on the oil production freeze, therefore, should it be confirmed, we can see further share price increase in the stock market. Follow by the Fed meeting on the 26-27th April and DBS releasing their result in May and payout their dividend in June period, which I am expecting to receive this $1200 passive income from my investment in DBS shares.

Nonetheless, DBS just break out from its 1st resistance line $$15.51 with 100 days moving average supporting the share price. Next resistance line to watch out for will be $16.02 despite the first time it has tested and there’s a pull back on it.

From the view of the volume indicators (Accumulation/Distribution and OBV) volume for DBS shares have been gradually building up, there’s a possibility it might break the 2nd resistance. However, we should also take into consideration for DBS ex-dividend in May period with a dip in share price.

How is my DBS doing now?

DBS 15.64

Couple of weeks back, there’s a little rally in the market & stock price goes up & also applies to DBS which I have been investing.

Apparently, for this month, Fed have announce there will not be any increase in the interest rate. The next Fed meeting will be 26-27th April, follow by June 14-15. Other than these 2 meetings we need to take note for the 1st part of this year, the other meeting will be the OPEC meeting on the 2th of June.

Therefore, if all these meetings goes well and without any other disturbance factors especially from China, we should be able to see further share price increase in the stock market.

Currently, DBS have break out from its 1st resistance line $15.59 including the 100 days moving average line provided if it’s sustainable for the next couple of days. Second resistance line will be $16.01.

Monitoring our investment and the market will still be require if we intend to be an investor.

Recent buy for DBS

DBS 13.48

Increase my DBS holding with a value of $70,164 equivalent of 4000 shares hence today I bought more shares to average down the cost, which I will be doing it gradually over the months, instead position myself by investing significant capital in one lump sum.

Typically, among the 3 local banks, DBS and OCBC have been doing quite well from last week announcements, which I have expected and mention to my fellow reader. However, year 2016 will be a challenging year for most organization due to couple of factors which I have mention in my previous blog post pertaining to the US Interest rate, Oil supply/demand & China growth/currency. These are some of the area, we should take note of.

Despite, those market turmoil, I will still continue to invest in DBS, at the same time collecting the dividends as a form of passive income while waiting & sell it when the opportunity arise. Therefore, somewhere in June, I will be expecting around $1200 cash dividend from my investment in DBS shares.

Recent buy for DBS

DBS 14.29

Increase my DBS holding with a value of $68,815.500 equivalent of 3900 shares hence today I bought more shares to average down the cost, which I will be doing it gradually over the months, instead position myself by investing significant capital in one lump sum.

The next couple of days on the 26th and 27th there will be another Fed meeting, which I doubt they will be increasing the interest rate at this point of time.

Going ahead, for this year 2016, some area the investor should take note of will be the US Interest rate, Oil supply/demand & China growth/currency.

Despite, those market turmoil, I will still continue to invest in DBS, at the same time collecting the dividends as a form of passive income while waiting & sell it when the opportunity arise. Therefore, somewhere in June, I will be expecting around $1170 cash dividend from my investment in DBS shares.

Market continue to be bearish, what happen to my DBS Shares

DBS 14.910

Once again, the market continue to bearish due to China economic and global oil situation, the existing DBS shares which I have invest earlier on is having a paper loss of more than $10,955.40 which is around negative (-16.26%)

Apparently, I am not overly concern about it hence I am also prepare to buy & accumulate more shares along the way, which I have already share in my earlier post.

Importantly, is to buy good quality company shares with sound fundamental, collect dividend or sell for realized gain when the share price goes up.