The Edge has used a very bold word on their latest issue this week: CONSTRUCTION CRUNCH.
When construction sector has created the most highest number of new jobs in 2nd quarter of 2008, this title may appear to be a bit too pessimistic. However, it is the bad news of the property sector which has started to cast dark cloud on the sky.
If we look at the current performances of last year darling stocks: Lian Beng, Yongnam, Chip Eng Seng etc, we know that, fellow investors have learn a lesson from the burst of construction booms in last cycle.
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