Lian Beng Group

CIMB was pushing this stock last week. maybe placement coming up. :laugh: :laugh: :laugh:

A quick check of the chart shows Lian Beng hasnt moved much since April 2010. Now around 35.5 cents. The orderbook has grown massively. The HDB projects are coming thick & fast.. So how? Can this stsock get up from its sleep?

Looking at the weekly charts, Lian Beng bullish play intact. We can expect retracement to first level of support at $0.33. Stock turns bearish once secondary support breaks at $0.30. 
- asiapacfinance.com
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[Reck 11-06-2011]:

A quick check of the chart shows Lian Beng hasnt moved much since April 2010. Now around 35.5 cents. The orderbook has grown massively. The HDB projects are coming thick & fast.. So how? Can this stsock get up from its sleep?

Woken up finally, ahead of results announcement. At 38.5 cents on high volume today.

Nice uptrend in place now, no doubt boosted by their current strong order book. However, as observed by forumers in this thread, the share price may not be sustainable unless their order book is maintained yoy.

ChillX, wat do you think Lian Beng is worth? Technically, stock has broken out of the 35-cent resistance....Fundamentally, it's got a mega orderbook, trades at about 4.5X historical PE.....

This 2H is looking to be a nice one for Mr Lian Beng --- he won some award recently.
LIAN BENG and LEEDEN chairmen win entrepreneurship awards