As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Wednesday, 11 April 2012

Lian Beng’s 9MFY2012 net profit up 10.0% yoy to S$40.5 million

  • 9MFY2012 net profit reaches 83.4% of FY2011 net profit

  • Group continues to grow ready-mixed concrete business segment in preparation for proposed listing of its engineering and concrete business in Taiwan

  • Cash generative business and sound investment brought cash and cash equivalent higher at S$178.3 million as at 29 February 2012

  • Strong construction order book of S$742 million as at 29 February 2012 keeps Group busy through FY2015

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