DBS (Development Bank of Singapore)

[GPD]

A person with some basic FA knowledge looking at Swiber's BS can tell the problem. DBS with their team of CFA trained analysts cannot tell? This is already saying something to glaring.

CEO cannot apologises even if the situation is that he is aware. Apologise = admit failure in DD and reckless risk (just like GFC)= people will start digging = worms crawling out of all cans. Now their task is to do damage control.

The big question is will other O&G give DBS similar problem with Swiber's approach? Another one or two big loan holders acting like Swiber should be enough to make DBS's life very miserable or even worse 生不如死。