incredible run up by ksh & lian beng, gaining 16% and 12% in a single day, respectively at the time of writing.
looks good and yes, it does feel good to have 2 counters in my portfolio gaining so much.
however i remain vested.
lian beng
- still remains deeply undervalued, book value is slightly more than $1, thus a gain of 12%, still makes it very undervalued.
- this counter has a pattern of increasing dividend. so its just a matter of price playing catching up with the book value and dividend. whether big boys are playing with it or not, doesnt matter. fundamentals will catch up with itself over time.
ksh
- still undervalued, albeit not as much as lian beng.
-another counter which has tendency to raise dividends blah blah... similar argument to above(just lazy to retype the above)
both with contribute
2, 8,10,12 months with dividends.
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