Lian Beng

[Sincerity]

Lian Beng 1Q/16 EPS already 6+ cents, more than 1Q/15 of 2+ cents. I expect results to be annouced this week and together with the huge profit, they are going to declare special dividends.

Plus more of their properties development are almost fully sold and are going to rake in huge cash pile, especially end of this year, I expect their Mandai Foodlink to TOP which will generate one-time HUGE profit due to industrial building recognising full profit at TOP.

Vested at 49.5 cents...

After results release, they can proceed with share buyback as there is a blackout period before annoucement where they cannot perform sharebuyback