As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

Welcome to Ministry of Wealth!

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

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Sunday, 2 March 2014

Me too: Lian Beng


Someone asked whether Uncle8888 has any construction stock?

Have leh.

Not surprising. Right?

He has a small position in Lian Beng at $0.575 since Jan 2008.

How come?

It is matter of time after spending enough time following forums and blogs; we will soon get suck into one of those "good" ideas to develop that feeling not to miss out "good" stuff.


Simple theory and reasoning.


You can see those big construction jobs coming, coming and coming in Singapore. Right?

Plenty of projects. Plenty of lobangs.

Plenty of profit???


Hmm ...

But, big projects don't necessary mean big profits.

One thing, we must be aware that main contractors are likely to get squeezed in hard time as there is little differentiating factors among them.

Their sub-contractors will get squeezed even harder in bad times. Sub-contractors will die first; guess who will get hit next?

You can see Lian Beng is also very volatile too.

Need to have strong heart and deep pocket too.




No comments:

Post a Comment

Related Posts with Thumbnails