I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


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

Monday, 27 July 2015

DBS H1 2015

Highlights

Record 1H earnings of $2.39 billion; 2Q earnings on par with record 1Q


1H total income rises 14% to cross $5 billion for first time, propelled by 16% rise in 2Q

Net interest income and fee income at half-year and quarterly highs

2Q NIM up 6bp on quarter to 1.75%, highest in 13 quarters

1H ROE of 11.9% Strong liquidity and asset quality maintained LCR of 131%, NSFR above 100%

NPL of 0.9%, allowance coverage at 160% 1H dividend increased to 30 cents per share

Higher payout commensurate with strengthened earnings In line with policy of progressive and sustainable dividends



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