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Lian Beng got the IR job? Halt soon?
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red1721
Senior |
26-Apr-2007 17:04
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funny, wonder why the sell down...but still, gonna keep a good look out, although I'm not good into TA, correct me if I am wrong, charts looks pretty good rt? |
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tampinesnewbie
Member |
26-Apr-2007 16:10
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There is a selldown of 2.3 millions at 3 plus |
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tampinesnewbie
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26-Apr-2007 16:08
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The news was announced yesterday afternoon, henec the price sot up to 0.375 once but after that keep dropping till now |
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josephinelim
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26-Apr-2007 12:09
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LIAN BENG WINS CONTRACTS WORTH S$96.3 MILLION; GROUP SUBMITTED TENDER BIDS FOR INTEGRATED RESORT PROJECTS www.sgx.com.sg |
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tampinesnewbie
Member |
26-Apr-2007 11:50
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What news? The 96.3M news? or IR news? |
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josephinelim
Member |
26-Apr-2007 10:26
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relax, profit taking.... alot dunno about the news mah. |
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red1721
Senior |
26-Apr-2007 10:03
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This counter going into my watchlist... |
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tampinesnewbie
Member |
26-Apr-2007 09:35
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I doubt so leh .... the shortist are playing with the price |
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josephinelim
Member |
26-Apr-2007 08:21
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GuShen
Member |
25-Apr-2007 23:43
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The show is coming, have vested today and waiting for it to perform. |
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tampinesnewbie
Member |
25-Apr-2007 21:45
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Sure or not .... can't wait : ) |
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josephinelim
Member |
25-Apr-2007 20:51
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Lian Beng can hit 40cents this week. |
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wadrian
Member |
25-Apr-2007 17:30
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Hi all, I believe if Lian Beng can annouce publicly that they have submitted bids for the Sentosa (Genting) IR, they must be quite confident of winning it. The simple fact is that there are 2 Mega IRs coming out at the same time plus there are numerous condo projects coming out in Singapore. There will definitely be a shortage of grade A construction firms to take on the job. In fact, one single construction firm may not be able to win the whole job and it is highly possible several construction firms will have to share the pie. This is very much the case for large projects where the contract is broken down into several packages. The owner of the project is normally concerned about giving the whole project to 1 single contractor just in case they fail to deliver..... In this case, those of us who still have lian beng shares hope that they will go on to win a share of the yummy IR pie..... Chiong Ah!!!! |
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jessie
Senior |
25-Apr-2007 15:29
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Hmmm, I have just taken profit at 37.5 cents liao... Good or bad timing ? |
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tampinesnewbie
Member |
25-Apr-2007 15:20
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Why is the price dropping instead : ( |
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josephinelim
Member |
25-Apr-2007 14:20
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LIAN BENG WINS CONTRACTS WORTH S$96.3 MILLION; GROUP SUBMITTED TENDER BIDS FOR INTEGRATED RESORT PROJECTS Singapore, April 25, 2007 ? Lian Beng Group Ltd (?Lian Beng Group?) today announced that Lian Beng Construction (1988) Pte Ltd (?Lian Beng Construction?), its wholly-owned subsidiary, has won two new design-and-build contracts worth a total of S$96.3 million, bringing the aggregate value of Lian Beng Group?s project won in the past four months to approximately S$255.2 million. The first contract was awarded by UIC Supplies Pte Ltd for the design and build of a proposed 199-unit condominium housing development at Bukit Batok East Avenue 6. The project has a contract value of S$48.1 million. It is expected to commence on 17 September 2007. The second contract, awarded by Avenue Park Development Pte Ltd, is for a proposed 175-unit condominium housing development at Sixth Avenue. The contract sum of the project is S$48.2 million. The project is expected to commence on 7 May 2007. Commenting on the contract wins, Mr Ong Pang Aik, Executive Chairman of Lian Beng Group said, ?We are pleased to have secured the two new contracts which will further strengthen the Group?s order book and track record. Going forward, the upturn in the private property market, as well as the large number of en-bloc sales that have taken place over the past year, are expected to boost the demand for construction services. Given the strong growth momentum, we are looking forward to increasing our business activities for the current year. Furthermore, the significant demand for construction arising from the two Integrated Resort (?IR?) projects will bring about more opportunities. Hence, the Group remains upbeat on the outlook of the construction sector.? Lian Beng Group has submitted the tender bids for the IR construction of the first phase of Marina Bay Sands and Resorts World, at Sentosa. Being one of Singapore?s leading building construction companies, the Group is well positioned to capitalise on the growth opportunities presented by the two IR projects. |
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cyjjerry85
Elite |
09-Apr-2007 18:15
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Just a word of caution based on my past earlier experiences. Used to hear and act upon just rumours and discussions, thus got burnt slightly. It will be more worthwhile waiting for the announcement through the horses mouth. Stay tune! To all--> Trade with analysis and evidence yea~! |
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njpang
Member |
09-Apr-2007 17:25
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I read in the discussion forum at channelnewsasia that Lian Beng has gotten the IR project and that a trading halt is coming. Anyone care to comment? |
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