- We initiate coverage on Lum Chang Creations (SGX:LCC) with BUY and a target price of S$0.39, based on 9.5x FY26F P/E, or a 10% discount to peers’ average. Lum Chang Creations offers an attractive dividend yield of 4.9% for FY26.
Dominant player in a niche segment backed by a strong track record.
- - Read this at SGinvestors.io -
- - Read this at SGinvestors.io -
- Holding an estimated 15.7% market share per research firm Converging Knowledge, Lum Chang Creations has delivered key projects including St James Power Station, the National Museum of Singapore, Singapore Marriot Tang Plaza Hotel, etc.
Robust earnings growth driven by positive urban revitalisation industry outlook.
- Read more at SGinvestors.io.