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
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CW8888 : So, hor seh for you? ;-)
ReplyDeleteToo small positioning to be hor seh
Delete:-(
The Agony of Investing. We not only need to be right on entry and be right again on sizing.
Delete"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
Next year, we should be able to do our own mini ETF
ReplyDeleteHmmm .... Shown before leh!
ReplyDeleteIt 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!