LianBeng, catalysts for share price to rise by Oct

Lian Beng will be annoucing their results in Oct for financial month from June to August 2015. ie: Q1/FY16

There are a few catalysts which I think will push the share price higher to 60 cents region by October. For a start, this analyst report is quite comprehensive.

www.nextinsight.net/index.php/story-arch...2015/10174-lian-beng

Catalyst 1)

Based on Hock Lian Seng trend, investors will start to take note of a counter roughly 1-2mths before result is out and when an industrial building obtained TOP resulting in a huge spike in revenue and profit. (Industrial building revenue and profit is only recognised when it obtains TOP).

Lian Beng 19% stake in Eco-tech Sunview has obtained TOP in July, so for the coming financial report, there will be a spike in revenue and profit. Revenue should be $30M, profit I estimate to be $6M assuming a 20% profit margin. So Lian Beng will be getting back $30M cash with roughly $6M as profit.

TOP obtained for Eco-tech Sunview in July. www.bca.gov.sg/eservice/ShowDetails.aspx





Catalyst 2)

With the spike in profit, NTA will jump. Currently NTA is 91 cents, so perhaps NTA will pass $1 will cash component spiking. P/B ratio will be greatly reduced with the increase in NTA. Based on 52 cents, I predict P/B ratio will drop to 0.52.



Catalyst 3)

September Triple witching is coming aka 3rd week of September. Last triple witching in 19 June 2015, Lian Beng surges to 58 cents from 54 cents at closing due to the triple witching day. So perhaps another surge again in the September triple witching?



Catalyst 4)

Dividend of 2 cents will be given out in Oct, the month when the financial results is out too.



Vested. I aiming for the share price to reach 58 to 60 cents by June. Hope my information helps. All these are based on my deduction, ignore this post if u think I talking nonsense

With assistance from the share buy back scheme, Lian Beng will gradually move up. I agree with Sincerity on the impending huge recognition of rev and profit of projects.

ya. Share buyback is still going on and the share price will be well supported at 50 cents.

On the 3rd Friday of March, June, September and December is what we called triple witching day where fund managers "massage" the share price of their portfolio for their quarterly presentation to their stakeholders. The details i not very sure.


On the 3rd friday of this June ie: 19th June, some counters were pushed up while some pushed down. Lian Beng was pushed up at 5.03pm, U can refer to the chart above.


So I suspect Lian Beng is held by fund manager. This 18th September is the triple witching day. Perhaps the fund manager would repeat the trick again and push the price to 57-58 cents region.


I remember Wee Hur, Courts was pushed down on the 19th June. I forgot which counters were pushed up, maybe u can ask Bro Edwin, he also saw the triple witching happened on 19th June


Cheers.. Please note that the fund manager may not repeat the same trick again, but Lian Beng is quite a safe bet and just keep for mid-long term. BUT if triple witching day Lian Beng chiong, maybe can take profit. Why not?

LIAN BENG is so undervalued at 46 cents. Cash, investment securities and investment properties (freehold Mandai dormitory and freehold office building at Playfield Road) and deducting off bank loans and non-controlling interests = S$244m (S$0.48/share).

Lian Beng has net S$128m (S$0.25/share) due from joint ventures and associates, which will help further boost its cash holding.