I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

Click to email CW8888 or Email ID : jacobng1@gmail.com



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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

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Monday 13 October 2014

Lian Beng’s 1Q FY2015 profit to shareholders up 58.5% to S$12.0 million


1Q FY2015 revenue increased 10.8% to S$167.6 million on higher revenue from construction segment and workers’ dormitory business

Share of results of associates and JVs improved to S$5 million on recognition of profits from development projects NEWest, KAP Residences, The Midtown and Midtown Residences


Construction order book stood at approximately S$1.0 billion to provide sustainable flow of activities through FY2017

Group’s cash and cash equivalent stood at S$150.9 million as at 31 August 2014, ready to fund potential business opportunities


Group expects core construction business to continue to drive revenue growth and recognition of profits from property development projects to continue to contribute positively to earnings




Posted by Createwealth8888 at 17:24
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5 comments:

  1. Investopenly14 October 2014 at 09:59:00 GMT+8

    CW8888 : So, hor seh for you? ;-)

    ReplyDelete
    Replies
    1. Createwealth888814 October 2014 at 10:01:00 GMT+8

      Too small positioning to be hor seh

      :-(

      Delete
    2. Createwealth888814 October 2014 at 10:06:00 GMT+8

      The Agony of Investing. We not only need to be right on entry and be right again on sizing.

      "It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." ~ George Soros


      Delete
  2. Createwealth888814 October 2014 at 11:06:00 GMT+8

    Next year, we should be able to do our own mini ETF

    ReplyDelete
  3. Createwealth888814 October 2014 at 17:40:00 GMT+8

    Hmmm .... Shown before leh!

    It was on Saturday, 2 March 2013

    DIY STI ETF

    Just For Thinking ....


    How about DIY STI ETF?

    How much will it cost?

    About $300K at last Friday market closing price.

    Read? DIY STI ETF


    After 19 Jan, 2015, we may just less than $30K to $35K to build up our own mini STI ETF and pay management and expenses fees to my own pocket.


    LOL!

    ReplyDelete

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