Lian beng and the construction sector

Just proposed --- final dividend of 1 cent, special dividend of 1 cent.
Div yield = 5%.

Lian Beng is  too attractive a stock not to buy. Construction isnt sexy but Lian Beng has diversified into property development with partners.

Latest NAV is 44 cents, higher than the 40 cent stock price. Stock is under book value!
Profit margin was 11% -- pretty cool for its business. My guess is the stock price catalyst will be the TAIWAN listing of its subsidiary. Should be coming soon.

but when will the taiwan listing? what is the implication to the share price of lian beng

lian cash will be more. heard from insider that a 4 cent special dividend will be given

U gotta be kidding : 4-cents? I seriously doubt it.

Forget the crazy thought of 4 cents in dividend.
Today's Maybank report has 2 cents payout for the next 3 years, so the yield is 5%.

The target price is the more interesting thing.... 63 cents.... the stock is moving strongly on good vol today. 40.5 cents as I write