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!

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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 April 2015

Lian Beng’s 9MFY2015 profit to shareholders up 5.7% to S$53.9 million


9MFY2015 revenue up 6.3% to S$569.9 million mainly due to higher revenue from construction segment from the on-going and new construction projects, despite the substantial revenue recognition from industrial project M-Space in 9MFY2014

Construction order book stood at approximately S$640 million as at 28 February 2015, providing sustainable flow activities through FY2017

Group’s cash and cash equivalents stood at S$153.6 million as at 28 February 2015, ready to fund potential investment opportunities

Co-development of workers’ dormitory and training centre for ASPRI expected to complete in mid-2016, contributing to Group’s recurring income thereafter


Posted by Createwealth8888 at 21:16
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