Me too: Lian Beng

Someone asked whether Uncle8888 has any construction stock?

Have leh.

Not surprising. Right?

He has a small position in Lian Beng at $0.575 since Jan 2008.

How come?

It is matter of time after spending enough time following forums and blogs; we will soon get suck into one of those "good" ideas to develop that feeling not to miss out "good" stuff.


Simple theory and reasoning.

You can see those big construction jobs coming, coming and coming in Singapore. Right?

Plenty of projects. Plenty of lobangs.

Plenty of profit???


Hmm ...

But, big projects don't necessary mean big profits.

One thing, we must be aware that main contractors are likely to get squeezed in hard time as there is little differentiating factors among them.

Their sub-contractors will get squeezed even harder in bad times. Sub-contractors will die first; guess who will get hit next?

You can see Lian Beng is also very volatile too.

Need to have strong heart and deep pocket too.