$DBS GROUP HOLDINGS LTD(D05.SI)$DBS is my most Bullish Singapore Stock! Even the recent market volatility due to Omicron did not dent its share price! It is solid like a rock and and seems impervious to this challenging situation.
DBS is the largest bank in Singapore with SGD 646 Billion in assets and the safest bank in Asia. It is also a winner of 25 Global Awards, the latest is World's Best Bank 2021 by Euro money. DBS is in 18 markets around the world and has more than 30000 employees.
In the 3rd quarter ended 30 September 2021, the Net Profit is up 31% from a year ago to SGD1.70 Billion. Its 9 month net profit is up 46% to record SGD5.41 Billion. Very impressive track record indeed!
DBS is constantly innovating new products such as Digital Banking in cryptocurrencies, the first in Asia to do so. It has an excellent management team. It is also into ESG as 62 of its branches are certified as Green Mark Gold.
Best of all it pays regular dividends quarterly.
In a world fraught with uncertainties like Omicron, market volatility, DBS is a pillar of strength. Even Goldman Sachs has recommended a Buy for DBS with Target Price of SGD40.00.
$DBS GROUP HOLDINGS LTD(D05.SI)$ is certainly my most bullish Singapore Stock. I have total conviction and belief that it is like a shining star which will stand the test of time. I am proud to be Singaporean and proud to own DBS! Go Long Go Strong Go DBS!
@小虎活动 SG Stocks
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