LHT Holdings

[RBM]

LHT has just posted their FY 2011 results - looks to me like a superb return on first inspection. A 133% increase in bottom line NIAT to S$ 7.4 Mln and declaration of a proposed 0.5 cent dividend (vs last years 0.3 cents divi). Am still reading the results now ..... but it looks like things are going rather well across the board at LHT Holdings - I realise there is a S$ 3 Million pre-tax gain from their recent property re-evaluation ...... but even without this "one-off" impact the result is seriously good. Surely this counter is due for a major upward re-rating - and now we know why ED Yap Mei Lan was busy buying up stock in recent weeks. Also seems to support the content of dydx's posts on this thread - thanks (again) dydx.

I'm vested .......... and I'm pleased with what I'm reading,
RBM