Share price of DBS moved up 62% since 1996

I had DBS shares in 1996, about 17 years ago. At that time, its share price was $12.33. In 2009, DBS issued rights shares on basis of one rights share for every two ordinary shares held on 31 December 2008. I subscribed to the rights shares at $5.42.

The average cost for my holdings in DBS was $10.02 after the rights issue.

I sold off DBS shares in recent days at following prices:

Date Share Price
16 Feb 2015 $19.22
18 Mar 2015 $19.89
19 Mar 2015 $20.00

Since 1996, DBS share price increased by 62%. In between those years, DBS had been paying out dividends. Such was my experience with DBS shares.

Copyright © 2015, limkimtong for Living Investment

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

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2 Responses to Share price of DBS moved up 62% since 1996

  1. Kent Ng says:

    Hi,

    May I know what is different now that you had decided to sell them after 17 years?

    Thank you.

    Best Rgds …….. Kent

    • limkimtong says:

      Hi Kent,

      These shares of mine are odd lots which did not make up to 1000 board lot size. Now I can sell shares on-line with 100-lot size and at reduced commission. I was willing to part with DBS shares at that time of sale. If I held on to them, I would be able to get more at today’s prices. That is reality of share investment. I cannot predict how the share price will move and accept the outcome.

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