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2015-08-20 12:42 | Report Abuse
how about langat 2 water treatment project?
2015-08-18 14:49 | Report Abuse
Gadang...slowly inch upwards...
2015-08-17 15:36 | Report Abuse
@ coldrisks, you jealous lar...my "little brother" has been to many a foreign land...each land has different landscape, different rock formation, different panoramas....has gained vast experience....
2015-08-17 15:24 | Report Abuse
@ pisang goreng...
i donate my GU_GU_CHIAO for you to potong...hahaha
2015-08-17 13:16 | Report Abuse
good thinking....if you do not sell, you do not lose. But then, this concept is only applicable when the company is fundamentally sound and is making money quarter in and quarter out.
it is better to cut losses provided if there is something fundamentally wrong with that company.
sometimes, doing nothing is better than doing nothing....
2015-08-16 12:14 | Report Abuse
@ hng33, thanks.
Want to ask you about the JV between GOB and Lembaga Getah. At the end of the day, after GOB has satisfied the entitlement accruing to Lembaga Getah, who will be rightful land owner? Is it GOB or is it Lembaga Getah?
Quite confused about this statement:
5.2 Entitlement of the Proposed Development
The Proprietor’s entitlement comprising RM20 million in cash and RM247.25 million in kind, being a corporate tower. The total amount of RM267.25 million is inclusive of the guaranteed land cost of RM187.9 million. The Developer’s entitlement is the gross development value arising from the
Proposed Development, less the Proprietor’s entitlement.
2015-08-14 17:56 | Report Abuse
@ hng33, you are a brave man...salute you...me scared until pissing in the pants liaw.
2015-08-14 11:30 | Report Abuse
mmm...just asking, how sure are you that Gadang will get the projects from Penang/ Gamuda?
2015-08-13 17:28 | Report Abuse
@ JN88, hahaha - my average purchase price = RM1.16 - bleeding now...but have not even sell off a single unit...
2015-08-12 13:25 | Report Abuse
i remember abang apini once said...if the time has come to sell (because counter is not good), then, we should sell and not hold on to a dream that will NEVER materialised.
But then, when i look at GOB, it is not very bad...
- got Da'men to tide them over for FY16, (already more than 90% sold),
- got projects at Seri Kembangan to tide them over for FY16 - take up already more than 90% sold,
- gonna launch Pavillion Embassy - low cost land bank - during FY16 (take up rate unknown).
Of course, it got 50 acres of low cost land bank at Seri Kembangan + 350++ landbank at Batu Kawan.
BUt then, the directors are doing something that i am uncomfortable with....like their loss making venture into F&B...
2015-08-12 13:20 | Report Abuse
@ pisang goreng,
sigh - actually, cannot move my money in GOB liaw...if not, will lose money...i buy before the crash...
now, i am looking for valid reasons to hold and equally valid reasons to sell....
2015-08-12 11:53 | Report Abuse
Hi,
Good advice....after buying, we should forget about the shares and then, after some years, it may appreciate.
But then, if you allow me to dissent. Actually, there are two reasons why a company's share price may appreciate. One is due to market momentum. If the tides comes in, then, the tide will rise all the ships within the vicinity. But then, there is a second and more important reason why a company's share price will appreciate.
What makes a company more valuable today, compared to yesterday? And what makes a company more valuable tomorrow compared to today?
It all boils down to earnings (per share) and assets. I can safely say Gadang's earnings is very superior. In a period of a bearish market like now, it is the best time for value investors to move in and buy.
I am not worried about Gadang, but GOB.
Both Gadang and SymLife declares 5 cents dividends. But GOB declares nothing.
Until now, i cannot find answers to some of the questions concerning GOB. I cannot say it is a superb company but it is also not a down trodden one.
If any taikos here can discuss GOB in depth with me...it will definitely lay some of my worries to rest.
2015-08-12 10:59 | Report Abuse
even 5 cents dividend cannot salvage this counter...
2015-08-12 10:59 | Report Abuse
even 5 cents dividend cannot salvage this counter...
2015-08-11 22:40 | Report Abuse
@ hng33, agree that each plot of land may carry a different valuation - but this disposal is priced at RM51.68 per sft whilst the previous disposal is priced at RM209 per sqf.
It is hard to justify such a huge variation between these two price points...mmm...
i am just afraid that directors may have a hidden agenda (like receiving kick backs) when disposing this piece of land....and therefore not maximising the profits to benefit the shareholders.
Anyway - i am attending the upcoming AGM...will query them on this.
But you are right about one thing...that the value is accorded by an independent valuer and this does provide a certain degree of comfort.
2015-08-11 20:24 | Report Abuse
@ hng33, any comments about the disposal of this 15.56 acres of land priced at RM51.68 per square foot?
2015-08-11 19:40 | Report Abuse
just wanna ask some advice about this land disposal:
http://www.theedgemarkets.com/my/article/global-oriental-sell-seri-kembangan-land-rm433m
i think the price is abit on the cheap side? since the disposal price per square foot is about RM51.68? We are talking about Seri Kembangan here.
Furthermore, from the annual report, this land usage is designated as Mixed Commercial + Residential Developments??? By right, land zoned as commercial development should carry a premium.
if you compare this with the earlier disposal of 15.56 acres for RM209.5M, this works out to be RM209 per square feet.
Find it very funny....i thought land at seri kembangan is gold? Now, GOB is disposing a larger piece of land at a cheaper price ?
2015-08-10 17:44 | Report Abuse
@ hng33, ....mind to share your research for GOB?
2015-08-09 17:42 | Report Abuse
@ hng33, mind to share your research on GOB? Have been waiting patiently,.....hahahaha
2015-08-07 09:58 | Report Abuse
@ hng33, mind to share your research on GOB?
2015-08-07 09:57 | Report Abuse
@ hng33, nice to see you here....mind to share your research for GOB?
2015-08-06 18:13 | Report Abuse
Hi Icon8888, are you going to GOB's AGM?
2015-08-06 12:41 | Report Abuse
@ hng33, do you analyse GOB as well?
2015-08-04 17:05 | Report Abuse
yalor,,,somemore, not all the directors hold shares in this company...
2015-08-04 12:57 | Report Abuse
how about their fledgling F&B and their expansion into Dalian? GOB has got good assets by virtue of their low cost land bank. But somehow, they still wanna diversify into F&B to deworsify their business...last year could have been a better year without these "side" businesses...
2015-08-04 10:57 | Report Abuse
Brother Apini,
Good morning,
Good to see you here...just wanna ask you something...
Just asking for knowledge and not to challenge you...
it is great that Gadang declares 5 cents dividend.
BUt come and think about it, Symlife also declares 5 cents dividend.
Gadang is trading at RM1.50 whilst SymLife is trading at RM0.85.
Which one is more worth it? What do you think?
2015-07-31 22:16 | Report Abuse
@ hng33, thanks for your input. With land cost so low (at RM112.0M) for Star Residences and a reputable developer (Samsung) building Star Residences, we sure have a winner project here. Cannot debate about this.....
About elevia residences, please refer to the link here...other lowyat forumers also agreed that the quality of deliverables by SymLife needs to be further improved.
https://forum.lowyat.net/topic/3435228/all
Actually, symlife does not have an in-house property development unit. It conceptualises the projects and acts more like a marketer and outsourced its construction to contractors. I think the contractors screwed up but ultimately, Symlife reputation is on the line.
2015-07-31 17:54 | Report Abuse
@ hng33, understand that Star Residences is build by Samsung....hence, quality is not an issue...
how about the rest of the projects? their elevia residences is riddled with quality issue. Honestly, i like this counter - but their quality of deliverables (besides Star Residences) need to improve significantly.
That is why i ask you - what do you think of the quality of Symlife's deliverables (besides Star Residences)? And importantly, how will this affect SymLife?
2015-07-31 16:56 | Report Abuse
@ hng33,
just asking, do you know how much is the land cost for STar Residences? In THE EDGE, it was mentioned that SymLife acquired Star Residences many years back...just wondering what is the land price? Lower land price equates to higher margin...
By the way, what is your opinion of the quality of deliverables by SymLife? Read in Lowyat that SymLife quality is not good......scared this will affect the company's sales performance??
Yes...you are right....Datuk Azman Yahya said he is confident of achieving $700M + 20% better during FYE 2016. I think the reason he said this is due to Star Residences...
2015-07-31 13:44 | Report Abuse
@ hng33, what you said make good sense....no wonder Datuk Azman Yahya in The Edge interview is so bold to assert he is confident SymLife can achieve RM75.0M + 20% better sales for FY16.
2015-07-31 11:03 | Report Abuse
Hi - wanna ask - only real sifus like Icon8888 (not his envious wannabes who goes with various permutations), apini, bluefun, etc are invited to answer.
Gadang declares 5 cents dividend but share price is about RM1.45 (more or less).
Symlife also declares 5 cents dividend but share price is about RM0.84 (more or less).
Why is that so? i mean if i am just going for pure dividend play - symlife is a better buy? don't understand,...can someone educate me?
2015-07-30 23:11 | Report Abuse
just to exercise my freedom of speech - Gadang's share price is likely to stay depressed at least until the end of this year - mainly due to bearish market sentiment. Counter is good - no doubt about that....but if you are still looking to load more (like i do), then, please pray that the bear stampede will keep Gadang on the ground....
2015-07-30 13:35 | Report Abuse
Hi Icon8888, ....what do you think about GOB? Icon8888, you still holding or not? if you jump boat...please be courteous enough to tell di-di....
2015-07-30 10:19 | Report Abuse
please give me good news before i watch Mission Impossible - Rogue Nation....
2015-07-30 08:10 | Report Abuse
today release quarterly results?
2015-07-28 14:50 | Report Abuse
@ apini,
well...you are a good grandpa...think 2 generations ahead...
me...have to fend for myself...sigh,,,,all monies to invest in the share market comes from own blood and tears and sweat
if things go well for my investment...i may consider changing job - from accountant to something share market related
2015-07-28 12:27 | Report Abuse
@ apini, you should use the $ money to buy a house for your grandchildren....
just my two cents...
2015-07-27 22:36 | Report Abuse
abang...the cost of buying new warrants will be spread over / divided across the free warrants, thus lowering the AVERAGE cost. Hence, you will be making more since you are spreading the buying costs over to the free warrants....
2015-07-27 22:16 | Report Abuse
share price go up or down....it is ok -most importantly, is this quarterly results due on this Fri.
2015-07-27 19:28 | Report Abuse
adui....
correct me if i am wrong...
buy 1 warrant = RM0.20
but don't forget you got 1 free warrant during rights issue
hence, you spread out the RM0.20 to 2 warrants,
become 1 warrant = RM0.10
hence, the actual cost of holding 1 warrant is just RM0.10
this is 1 for 1 warrant matching
assuming if warrant price increase to RM0.40
hence, holding 2x warrants using the scenario above:
2 warrants x RM0.40 = RM0.80 - RM0.20 = RM0.60
assuming if you do not buy any additional warrants but just holding on to the 1 free warrant,
1 warrant = RM0.40
Assuming if you are not entitled to the free warrant but just buy 1 warrant from the market:
RM0.40 - RM0.10 = RM0.30
2015-07-27 19:09 | Report Abuse
just a suggestion, if you have subscribe to the rights issue, then you should buy more of the warrants. The mother share is trading at its rights price of $0.50 (cannot go any lower than this floor price). Hence, buying the warrant at this price now at RM0.20, then your actual cost is just RM0.10. Hence, you stand to gain alot....
2015-07-27 15:15 | Report Abuse
all of it is listed in the bursa announcement - don't be lazy - go and look up...but all i can say is - following the disposal of land at Seri Kembangan (and DaMein to follow suit), they should be in a comfortable position to declare dividend...even 1 cent also good enough.
2015-07-27 15:11 | Report Abuse
hahaha - will drop more until RM1.30 before this Friday...
sial sial....that is why i dare to bet my xiao di-di....
2015-07-27 13:06 | Report Abuse
maybe they will declare dividend following the disposal of their land at Seri Kembangan.
2015-07-26 21:36 | Report Abuse
tunggu....i not yet accumulate habis.....
2015-07-24 17:19 | Report Abuse
how to cut my xiao di-di? the price is still below RM1.60.... i still get to keep my little brother a little longer...hahaha
2015-07-24 14:48 | Report Abuse
if Gadang pancut past RM1.70 this year, i will cut my xiao di-di and post at i3 for all forumers to see...
hahaha
Stock: [SYMLIFE]: SYMPHONY LIFE BERHAD
2015-08-21 17:35 | Report Abuse
why? what have he done? to make you lost your trust in him?