DBS 01 (May 08 - Jul 10)

Re: DBS

Postby winston » Wed Apr 08, 2009 8:48 am

BUSINESS TIMES - DBS Group Holdings shareholders will discuss on Wednesday the worry over how much dividends will be cut amid the recession, directors' pay and the health of chief executive Richard Stanley.
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: DBS

Postby helios » Sat Apr 11, 2009 9:30 am

On today's ST CoverPage: DBS Chief's condition worsens due to complications and infections.

Source: 10-Apr filing: http://info.sgx.com/webcoranncatth.nsf/ ... penelement

SINGAPORE, 10 Apr 2009 – DBS CEO Richard Stanley was diagnosed with leukemia in late January and had been responding well to treatment. After two rounds of chemotherapy, earlier this week, his doctors believed that his cancer was in remission. Unfortunately the unpredictability of the disease has led to severe complications due to infection. Stanley's condition has deteriorated rapidly in the last 24 hours and he is now in critical care.
Last edited by helios on Sat Apr 11, 2009 9:41 am, edited 1 time in total.
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Re: DBS

Postby helios » Sat Apr 11, 2009 9:32 am

can we short/ CFD this on Monday? base @ 7.8


Image
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Re: DBS

Postby winston » Sat Apr 11, 2009 11:09 am

San San wrote:can we short/ CFD this on Monday? base @ 7.8


Not sure whether it's the right time to short. People are afraid of losing the opportunity to buy..

If you wanna short, make sure you have a Stop Loss.
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Re: DBS

Postby mocca_com » Sat Apr 11, 2009 12:29 pm

DBS CEO Richard Stanley dies from leukaemia

• Medical condition of DBS CEO Richard Stanley deteriorates

SINGAPORE: The chief executive of Singapore's DBS Bank Richard Stanley has died.

He was 48.

Mr Stanley was diagnosed with acute myelogenous leukemia, a cancer of the blood and bone marrow, in late January and had been responding well to treatment.

Responding to queries from Channel NewsAsia, DBS said after a brave fight with the disease, Mr Stanley died on Saturday morning at 8.45. His immediate family was by his side as he slipped away peacefully.

DBS said its staff are deeply saddened and that its thoughts and prayers are with his family during this time of bereavement.

In a late night statement on Friday, DBS said Mr Stanley's condition took a sudden turn for the worse.

It said after two rounds of chemotherapy earlier this week, his doctors believed his cancer was in remission.

But his condition deteriorated rapidly on Friday.

DBS said the unpredictability of the disease has led to severe complications due to infection.

Mr Stanley had been on a leave of absence for three to six months since he was diagnosed with leukaemia.

During the Lunar New Year earlier this year, Mr Stanley had sought treatment for what appeared to be ordinary flu-like symptoms after experiencing a cough and high fever.

According to doctors, this type of cancer can affect people across all age groups.

Symptoms of the disease include tiredness, bone pains, fever and bruising.

During Mr Stanley's absence, his duties at DBS are being covered by the bank's chairman Koh Boon Hwee.

Mr Koh had acted in a similar capacity previously when he took on an active management oversight role in DBS from September 2007 to April 2008, prior to Mr Stanley's appointment.

At the company's annual and extraordinary general meeting on April 7, Mr Koh had told shareholders that Mr Stanley was on track to return to work. - CNA/vm

http://www.channelnewsasia.com/stories/ ... 55/1/.html
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Re: DBS

Postby helios » Sat Apr 11, 2009 2:59 pm

oh my God ...

in this scenerio, can we short DBS on Monday?

i didn't realise that he was diagnosed with AML ... coz for adults diagnosed with AML is considered rarer than its chronic form, CML ... its prognosis is much worse ...
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Re: DBS

Postby helios » Sat Apr 11, 2009 3:01 pm

next time, we have Stem Cell therapy ... ...
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Re: DBS

Postby blid2def » Sat Apr 11, 2009 3:13 pm

San San wrote:oh my God ...

in this scenerio, can we short DBS on Monday?

i didn't realise that he was diagnosed with AML ... coz for adults diagnosed with AML is considered rarer than its chronic form, CML ... its prognosis is much worse ...


Wahlao eh... people die leh... the first thing you say is "Can short the stock or no?". Wahlao eh! ....
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Re: DBS

Postby helios » Sat Apr 11, 2009 4:18 pm

gee ... that's why we should push for Stem Cell therapies lar ... the technology space is unfilled in Singapore ... in U.S. they have started to do stockpiles for defence and emergency clinical use ...
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Re: DBS

Postby helios » Sat Apr 11, 2009 4:22 pm

but hor, seriously, can buy via CFD?

provided the market is trending downwards again ... right?
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