While many penny, small-cap and middle-cap stocks have been hogging the trading limelight, there are bigger players and even more fundamentally better stocks slowly inching up, playing catch-up with their small-cap and middle-cap peers. One of these stocks is none other than Lian Beng stock and I have shared with readers how I have bought into this stock, re-entered this stock again and as of this time in writing, I am still holding on to this stock.
I am holding on to this stock as I believe this stock, despites its good fundamentals via having a strong track record in Singapore’s construction industry is still not being appreciated by investors, this explains why the stock is still below its book value, trading at just 0.565 price-to-book and at a price-to-earnings of just 2.18 (data from SGX’s website). These despite the fact that the company has a dividend yields ......