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economy rosy like "seow" why lose $$..

CORRECTED - CORRECTED-DBS says Q2 reports net loss on HK goodwill charge

(Corrects headline to fix period and adds word profit in para 2)

SINGAPORE, July 30 (Reuters) - DBS Group , Southeast Asia's biggest bank, posted an unexpected S$300 million ($220.3 million) loss in the second quarter after it took a S$1.02 billion goodwill charge on its Hong Kong business.

DBS said on Friday its April-June net loss compared to S$552 million profit a year ago. Excluding the goodwill charge, DBS said its second-quarter earnings rose 30 percent to S$718 million.

Analysts had predicted a net profit of S$564 million, according to the average of eight forecasts in a Reuters survey.

Singapore banks are struggling to take full advantage of fast loan growth with interest rates at historically low levels.

DBS shares have fallen about 6 percent so far this year while Oversea-Chinese Banking Corp is down 0.9 percent and United Overseas Bank is up 0.9 percent. The benchmark Singapore index .FTSTI> is up 3.1 percent.

(Reporting by Saeed Azhar; Editing by Valerie Lee)

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30-Jul-2010 09:10

Straits Times Index / STI to cross 3000 boosted by long-term investors

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x 0

one's investing basis should be in the form of a pyramid..

accumulate the most @ the bottom, and slowly distribute @ the top..

now we're just mid way..

when there's boom there's bust...nothing lasts forever..

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29-Jul-2010 14:08

SoundGlobal / Sound Global Ltd (formerly: Epure)

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sold half @ 81c..

waiting for the cover @ 85c..

ozone2002 ( Date: 28-Jul-2010 15:20) Posted:

still have a long way to run..still have to cover the gap of 81-85c..

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28-Jul-2010 15:20

SoundGlobal / Sound Global Ltd (formerly: Epure)

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still have a long way to run..still have to cover the gap of 81-85c..

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28-Jul-2010 15:10

SGX / SGX

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7.72!!!

ozone2002 ( Date: 27-Jul-2010 11:17) Posted:

now 7.67..made 7c.. enterin oversold region..

monitor reversal to exit..

ozone2002 ( Date: 26-Jul-2010 15:06) Posted:

broke out from a tightening bollinger band

technical indicators all trending up..

vested 7.6 contra play.. after 5 days just throw..

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28-Jul-2010 15:05

Swiber / Swiber

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ezra moved past $2

kep & semb mar have also started their upward move..

swiber still lagging behind..

time to load up on swiber before it catches up with the pack..

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28-Jul-2010 14:53

Straits Times Index / STI to cross 3000 boosted by long-term investors

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now the trend changed to afternoon erection...

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28-Jul-2010 13:20

GLD USD / Gold going up this year?

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accumulate on big dip..

Gold is REAL money..........

inflation will hit sooner or later..

current trends form the future events

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28-Jul-2010 13:17

SoundGlobal / Sound Global Ltd (formerly: Epure)

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ride the trend..

sell on signs of reversal.. gd luck..

freeme ( Date: 28-Jul-2010 11:59) Posted:

nt too bad in a flat mkt.. need to fill the gap 1st.. ur buy at 76.5 so fast in profit liao.. hehe

ozone2002 ( Date: 28-Jul-2010 11:34) Posted:

78c

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28-Jul-2010 11:34

SoundGlobal / Sound Global Ltd (formerly: Epure)

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x 0

78c

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28-Jul-2010 11:19

Midas / Midas

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reaching target of $1 soon..

ozone2002 ( Date: 21-Jun-2010 09:29) Posted:

no la..not bear trap..

if u buy stocks with gd fundamentals..where got trap..

unless it's overpriced....

right now midas should be trading >$1

in my opinion..

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28-Jul-2010 09:37

Sakari / Straits Asia

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$2.1!

BNY mellon vested in this bugger ... see sgx announcement..

ozone2002 ( Date: 26-Jul-2010 09:40) Posted:

chiong ahh!!! 2.05!

ozone2002 ( Date: 08-Jun-2010 13:34) Posted:

still chionging like mad cow..

coming $2

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28-Jul-2010 09:35

Informatics / Road to recovery in next 1-2 years

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wait for tide to settle..

don't like to chase for hot stocks..

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27-Jul-2010 22:41

Swiber / Swiber

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consolidating with support @ 1.06 (resistance becomes support)

oil @ $79 and goldman sacs saying oil is too cheap.. the only way is up..

spin off of Kruez into an IPO will provide liquidity for swiber..

in good stead..

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27-Jul-2010 22:33

SoundGlobal / Sound Global Ltd (formerly: Epure)

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ya also adding more positions on this counter like me..

gd luck to us.. :)

freeme ( Date: 22-Jul-2010 17:17) Posted:

add more today at 74cts

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27-Jul-2010 17:16

Informatics / Road to recovery in next 1-2 years

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x 0

0.31 c and 31 cents makes a whole lot of difference..

hope u get ur facts rite..

it's 0.31 c 100 times lesser than 31 c

teeth53 ( Date: 26-Jul-2010 22:16) Posted:

Sure can, can chase it up, should have no problem with Peter Lim buying up. then when he let go.

when ?, no body know

When one can be so successful, nine got to support him.

cathylmg ( Date: 24-Jul-2010 20:57) Posted:

NAV 31cents which EPS 32cents and share prices at 9 cents? Isn't it still a good buy now

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27-Jul-2010 17:13

SoundGlobal / Sound Global Ltd (formerly: Epure)

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average on the way up..

still have further upside..

gd luck!

freeme ( Date: 27-Jul-2010 16:58) Posted:

i tot 75cts u already vested

ozone2002 ( Date: 27-Jul-2010 16:50) Posted:

looking good..technicals trending up

broke away from consolidation..

vested 76.5

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