En-Bloc Fever is back. As a smart investor, it is always wise to ride on the trend of the market and go with the flow. The en bloc fever prompted me to look at the property sector for new addition into my portfolio.
This is one stock I am watching closely as a short to mid term portfolio.
LIANBENG
This is the chart of Lian Beng as of Friday, 16 June 2017. In April this stock has zoomed up from $0.50 to $0.65 highest price because of a series of good news.
However, after that, Lian Beng has consolidated for the last 2 months in between $0.58 to $0.62.
As short term investor, we always like stocks that CONSOLIDATE! Through consolidation, we can observe if there is potential to run.
Mid term target 1: $0.67-$0.70
Mid term target 2: $0.77-$0.80
Recent News that are surrounding Lian Beng:
1) 4 April 2017 - Lian Beng, Oxley, KSH, and Heeton together invested in Gaobeidian, one of the satellite cities surrounding Beijing next to the Beijing-Shijazhuang Expressway and the Beijing-Shijiazhuang high-speed rail passenger line.
2) 10 April 2017 - Heeton Holdings Limited, Lian Beng Group Ltd, KSH Holdings Limited, and Ryobi Kiso Holdings Ltd announced that they have entered into a franchise agreement with international hotel chain operator Hilton for a 192-bedroom hotel in Leeds, United Kingdom.
3) 2 June 2017 - Rio Casa en bloc: Lian Beng Group, Oxley Holdings, KSH
Holdings and the private investment firm
of Super Group's Teo family has secured a residential property in Hougang for
S$575 million . The buyers plan to apply for the grant of a fresh 99-year lease
for the property and to redevelop it.
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To know more about how En Bloc Fever is going to affect Singapore listed property stocks, do come to a FREE SEMINAR by Mr. Andy Yew:
Free Seminar:
Singapore En Bloc Fever and the revival of Singapore Stock Market!
29th June 2017, Thu (English) 7pm - 10pm
Venue:
10 Anson Road, International Plaza
#34-07
Singapore 079903
( Nearest MRT Tanjong Pagar )
Fee: Free
Speaker:
Mr. Andy Yew (DL Investment Singapore Stock Trainer, 938 LiveFM and FM958 Stock Analyst)
Limited Seats!!!
To Register : pls click here
http://www.danielloh.com/2011/12/registration-form.html
What you will learn in the seminar:
✔ What are the impact of En Bloc Fever on local property sectors and other sectors?
✔ Will the Banking Sector stocks continue to have momentum with Interest Rate Rise?
✔ How do you identify the stocks that has potential going into 2H 2017?
✔ What are the impact of En Bloc Fever on local property sectors and other sectors?
✔ Will the Banking Sector stocks continue to have momentum with Interest Rate Rise?
✔ How do you identify the stocks that has potential going into 2H 2017?
✔ What is the Best Performing Stocks and Worst Performing Stocks of the month?
✔ Detail Analysis of Singapore Stock Market through Technical Analysis?
Dates: (Choose 1)
22nd June 2017, Thu (English) 7pm - 10pm or
✔ Detail Analysis of Singapore Stock Market through Technical Analysis?
Dates: (Choose 1)
22nd June 2017, Thu (English) 7pm - 10pm or
29th June 2017, Thu (English) 7pm - 10pm
Venue:
10 Anson Road, International Plaza
#34-07
Singapore 079903
( Nearest MRT Tanjong Pagar )
Fee: Free
Speaker:
Mr. Andy Yew (DL Investment Singapore Stock Trainer, 938 LiveFM and FM958 Stock Analyst)
Limited Seats!!!
To Register : pls click here
http://www.danielloh.com/2011/12/registration-form.html