New Share Price
$DBS Group Holdings(D05.SG$ Hi all, right now it pricing at 34.34. Will the new shares coming on next Tuesday be the same as the day's market price or it will readjusting again? Thank you.
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1M65 : readjusted slightly. but wouldn't see much difference. local banks can withstand due to:
- good capital safety net and not overly exposed investment
- good dividends growth and appreciation rate
- good capital recycling and investment in new areas to further growth capital rtns and dividends.
- lastly, RMB the new added 'foc' shares though it's dilutive in nature but it's dividends accumulation for your upcoming 2024 q1 div payout.
JOMATEOP 1M65: Thank you.