Thursday, 26 April 2018

Development Bank of Singapore (DBS): 26 April 2018, Thursday, 1.28pm Singapore Time

Development Bank of Singapore (DBS): 
26 April 2018, Thursday, 1.28pm Singapore Time
(Click on DBS Statistics and Illustration above to Expand)

Attached above is the rugged Statistics, Pattern Recognition, Geometric Series Projection and Graphic Projection Illustration for DBS Bank on a linear chart. The above is in tune to the standard trajectory of a titan-in-the-making riding on a major secular cycle by being in the right place at the right time doing the right things (refer to past precedents such as Amazon, Cheung Kong Holdings, Coca-Cola, Dow Jones Industrial, etc). DBS Bank's growth, profits, dividends and earnings growth prospects has so far been following a Geometric Series Progression (ignoring 2009 data as outlier/noise due to US Subprime Crisis). Recently DBS has broken the exponential neck in both earnings (profits) and dividends with the bull market merely at its 50th-percentile mark. This is a real break in the geometric neck.

Based on my judgement, DBS Bank will become a true wealth cash cow with dividends all re-invested for compounding effects. $53.42 target price is a minimum target as derived by previous fundamentals-logic induction. A low end of $100.00 Target Price can be reasonably expected in the current Secular Cycle (Secular Cyclic Theme: Super-Cycle of Asia & Banking Needs of Asia) following a standard exponential trajectory after an exponential neck break (similar to Amazon, Cheung Kong Holdings, Coca-Cola, Dow Jones Industrial, etc), with median of $250.00 as the first real shot on TP under the current Secular Super-Cycle (2018-2038).

Reiterate: stocks following a standard exponential trajectory after an exponential neck break included Amazon, Cheung Kong Holdings, Coca-Cola, Dow Jones Industrial, etc, and DBS Bank will be the next such classic power-x.

These variables are likely to be the contributing factors for DBS trending towards the orange zone trajectory:

1. Banking and Finance tide under the new normal of rising rates environment.
2. Rising asset prices.
3. Asia's Secular Bull Super Cycle.
4. The acceleration of South East Asia, and its associated ASEAN bloc, towards becoming a truly economic powerhouse.
5. Digitisation and Innovation: DBS is the most active embracer of digitisation and the development of digital bank presence. This, to me, is the most important X-Factor.

Possible other factors:
6. Trans-Pacific Partnership (TPP) further opening up international trade and finance (and of course loans and borrowings and more businesses)
7. China may open up more and employ even more free-market mechanism.
8. Malaysia approaching towards 1st world status
9. Indonesia achieving the all critical neck-break in GDP per capita and accelerated growth.


The Donovan Norfolk Rating:
Highly Bullish
(Strongest stock in entire Singapore SGX)

Past DBS Analysis:
http://donovan-ang.blogspot.sg/search/label/DBS


Illustrations Further Enlarged as Below:

Development Bank of Singapore (DBS): Geometric Series 1:
26 April 2018, Thursday, 1.28pm Singapore Time
(Click on DBS Statistics and Illustration above to Expand)

Development Bank of Singapore (DBS): Geometric Series 2:
26 April 2018, Thursday, 1.28pm Singapore Time
(Click on DBS Statistics and Illustration above to Expand)
(Ignore 2009 data as outlier/noise due to the US Subprime Crisis)

Development Bank of Singapore (DBS): Geometric Series 3:
26 April 2018, Thursday, 1.28pm Singapore Time
(Click on DBS Statistics and Illustration above to Expand)

Development Bank of Singapore (DBS): Geometric Series Projection:
26 April 2018, Thursday, 1.28pm Singapore Time
(Click on DBS Statistics and Illustration above to Expand)



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