Shares & Derivatives
Lian Beng’s 1Q FY2015 profit to shareholders up 58.5% to S$12.0 million
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  October 14, 2014
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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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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