$Boustead Proj (AVM.SG)$ E&C recovered in the second half. R...

$Boustead Proj (AVM.SG)$ E&C recovered in the second half. RE stable. FY 22 EPS should be around 6C. Smart move to give out secured loan and earn few millions in a year. Vietnam RE fund is short term catelyst. May help to unlock some value. Ideally should do it fast before interest rate goes north.