As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Friday, 12 November 2010

DBS to sell preference shares to retail investors. Really ah???

Read? DBS to sell preference shares to retail investors

It should be read as "DBS is replacing DBS 6% NCPS with DBS 4.7% NCPS".

High chance that most current holders of DBS 6% NCPS will take up DBS 4.7%. In another word, DBS is refinancing its long-term debt at a lower rate so it is positive for the mother share.

At today closing at $14.04, current DBS dividend yield is about 4%. So does it still make sense to take up DBS 4.7% NCPS?

2 comments:

  1. I will take back my money from DBS NCPS 6% next year. 10 years just went by so quickly. I still remember how I queued at the ATM to apply for it.

    I won't bother to apply for DBS NCPS 4.7%. I can get better returns elsewhere. :)

    ReplyDelete
  2. I think DBS ordinary share has more liquidity n room for capital gain. :)
    Odie

    ReplyDelete

Related Posts with Thumbnails