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Best man win......730
verynew ( Date: 22-Aug-2012 12:54) Posted:
Hi rutheone,
Thk u for ur reply
Wat i mean is dayly sell.vol and buy. Vol it depend on stocks too
Not every stock can use to analzying
Cheers |
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Hi rutheone,
Thk u for ur reply
Wat i mean is dayly sell.vol and buy. Vol it depend on stocks too
Not every stock can use to analzying
Cheers
Freaking fat order book... $736.4M WOW!!...FA super strong counter..
LIAN BENG GROUP: $43 m free cash flow a year till 2015
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Tuesday, 21 August 2012 20:18
Excerpts from Maybank Kim Eng report 21 Aug humourously titled " This Beng is getting bigger and better" :
Analyst: Alison Fok
Ong Pang Aik, executive chairman of Lian Beng Group. NextInsight file photo
WE BELIEVE that its current valuation, at ex-cash FY13 PER 1.9x, is unjustified.
The Group has defied all odds to achieve a strong net profit of close to SGD50m.
It currently holds a strong outstanding construction orderbook of SGD652m as of FY12.
We are also impressed with the group’s active lookout for opportunities to boost its recurrent income. Maintain BUY with TP of SGD0.63.
Balance sheet shows flexibility. LBG holds a cash war chest of SGD86.1m (42% of market cap), which is just waiting to be unleashed.
It is highly capable of either utilising its cash reserves, or taking on debt for acquisitions or JV opportunities.
We estimate its free cash flow to stay strong averaging SGD43m per year till 2015.
Building on its core strength. We reiterate our BUY call on Lian Beng with a target price of SGD0.63, pegged at 6x FY13 PER.
We anticipate steady growth ahead for the Group. Moreover, it has strong ROE and offers an attractive and sustainable dividend yield of 5.1%.
Excerpts from Lian Beng Group press release dated 21 Aug.
Artist's impression of Thomson Grand in Upper Thomson Road which will be constructed by Lian Beng Group - Paul Y.
The Group’s 50% joint-venture company with Paul. Y Construction and Engineering was awarded a contract by Luxury Green Development, a member of Hong Kong-listed Cheung Kong Holdings, which comprises of the main building works, with an aggregate worth of about S$169 million.
The project, due to commence in August 2012 and estimated to complete by February 2015, will cover the main building works of the condominium at Upper Thomson Road, known as “Thomson Grand”.
The condominium development project encompasses nine blocks of 20-storey residential flats, representing 339 units with an additional 22 strata houses (for a total of 361 units), with one basement carpark, swimming pools and other and ancillary facilities.
Mr Ong Pang Aik, Chairman and Managing Director commented on the contract win, “We are delighted to have won our first contract in our maiden JV with Paul Y.
" The addition of this new contract strengthens our order book to a commendable S$736.4 million and we hope that this JV will give us the momentum for future opportunities and success with Paul Y.”
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if u r into vol analyzing for daily trading u need to know these:
1) must know which counters can use vol analysis method
2) queue buy vs queue sell, actual buy vs actual sell
3) queue vol (buy & sell) at various price level & its meaning
so back to ur question abt Bvol < S vol. my question is the vol u mentioned is actual transacted vol or queue vol?
verynew ( Date: 21-Aug-2012 20:32) Posted:
Hi Sifu,
can any sifu advise me i have a question a stock B.vol is lower than S.vol
is it health or not .
thks |
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Hi Sifu,
can any sifu advise me i have a question a stock B.vol is lower than S.vol
is it health or not .
thks
Let follow him....
victortan ( Date: 28-Jan-2012 19:55) Posted:
I told you i bought at 35c. u will say, i bluff.
but i am all over the brand name in construction., though may be little here and there.
this one only 20lots...come on chiong ahhhhhhhhhh |
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$1.71 hard to imagine for Lian beng for the next few months... Their EPS pretty low..
teeth53 ( Date: 28-Jan-2012 20:14) Posted:
Good news for U. Angmo said is value at $1.71
Lian Beng has a high intrinsic valuation score of 96 out of 100. StarMine pegs Lian Beng's intrinsic value at S$1.71 per share, five times the stock's S$0.345 Wednesday closing.
PDF link for company results: link.reuters.com/fav35s
victortan ( Date: 28-Jan-2012 19:55) Posted:
I told you i bought at 35c. u will say, i bluff.
but i am all over the brand name in construction., though may be little here and there.
this one only 20lots...come on chiong ahhhhhhhhhh |
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Reuters picked this up from the KE Report
STOCKS NEWS ASEAN-Kim Eng bullish on Singapore's Lian Beng
Maybank Kim Eng expects a higher valuation for Singapore property developer, Lian Beng , due to the spin-off and listing of its subsidiaries in Taiwan. " Buy now and be rewarded by the imminent Taiwan listing of Lian Beng's subsidiaries and potential special dividends of up to 1.6 cents per share," the broker said and maintained its price target of S$0.62. Lian Beng shares rose 2.6 percent to S$0.40. Kim Eng estimates its fair valuation could rise to S$0.71 from S$0.62. The broker expects Lian Beng to raise about S$29 million from the expected sale of a 30 percent stake in the subsidiaries.
1020 (0220 GMT) (Reporting by Mark Tay in Singapore) Reuters messaging rm://mark.tay.thomsonreuters.com@reuters.net
Good news for U. Angmo said is value at $1.71
Lian Beng has a high intrinsic valuation score of 96 out of 100. StarMine pegs Lian Beng's intrinsic value at S$1.71 per share, five times the stock's S$0.345 Wednesday closing.
PDF link for company results:
link.reuters.com/fav35svictortan ( Date: 28-Jan-2012 19:55) Posted:
I told you i bought at 35c. u will say, i bluff.
but i am all over the brand name in construction., though may be little here and there.
this one only 20lots...come on chiong ahhhhhhhhhh |
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I told you i bought at 35c. u will say, i bluff.
but i am all over the brand name in construction., though may be little here and there.
this one only 20lots...come on chiong ahhhhhhhhhh
Those vested and or keen for info...
http://forum.channelnewsasia.com/showthread.php?45852-lian-beng-group-spin-off-of-its-susidiary-in-taiwan-according-dmg-report& p=264607#post264607
lian beng group - spin off of its susidiary in taiwan according dmg report
"
dmg target $0.71 , ocbc $0.51, kim eng old report in sep 2011 abt$ 0.70"
This are all their TP (target prices) - run B4 they off load.
This one, construction stk as compare to CGX - no bad at all, do trade take care, trading prices may not be far off from their offer prices as BBs will force it price to peak, just like CGX case.
A opportunity by owner to take another route to off load it shr and made more money (Taiwan).
BBs vested is likely to off load to un-suspecting traders/punter and would be investers
SG does not have enough retail mass to move small-cap stocks during times like these when sentiment is weak. U look at Taiwan and HK -- things are different as the retail players are a big crowd.
From what i see in the trade , ChipES and Lian Beng are boiling, take note.
this is for sharing not a call to trade.
| OCBC raises Lian Beng target price |
Tags:
Lian Beng Group |
OCBC Investment Research
| Written by The Edge |
| Thursday, 24 November 2011 10:00 |
OCBC Investment Research has raised its target price for Singapore construction firm Lian Beng Group (LIBG.SI) to $0.55 from $0.51 and maintained its buy rating.
OCBC has raised its earnings estimates for Lian Beng in 2012 by 8% and 17% for 2013, to account for strong sales in its industrial development in Mandai, Singapore.
Lian Beng has also acquired a new residential development site in the city-state for $130 million, and OCBC said it was confident the firm will be able to execute its commercial and housing projects well.
“We believe these developments are positives for Lian Beng, as both are good locations and offer Lian Beng chances to add construction projects to their order books,” said OCBC in a report.
At 9:46 a.m., shares of Lian Beng were flat at $0.345, and have gained 13.1% since the start of the year.
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