@ Darren Liew, thanks for your input...This is good to know.

By the way - what do you think of Datuk Azman Yahya's salary of RM4.0M?

It is quite high though...i would rather if he owns more shares and draws a more modest salary of RM1.0M.

This way - he will be motivated to work harder to enhance share holders value which indirectly benefit himself. I would rather if he took this route than paying a big fat paycheck to himself.

@ abang apini, my greatest hope is the share price stays at RM1.45 until 28th next month....then, i can load more of Gadang @ RM1.45....hehehe

Hi Darren Liew, just a heads up. Do not forget that the Director ~ Tan Sri Azman Yahya is actually a crony to Najib. What is going to happen to SymLife when Najib got kicked out?

A cup, B Cup, C Cup, D Cup? What size is your breast cup?

What is his real name? Can check out from Gadang analysis of shareholdings
..

wow abang Apini,,
Are you serious? That ColdEye was just a newspaper reporter and he made a few hundred millions in the share market as a value investor??? Or you are just kidding and pulling our legs?

mind to share your research here?

@ Darren Liew... I think you pick up that information RM500M from Bones blog. Howevee., the RM500.0M is referring to FY2014...NOT FY2015

Whatever it is...we will know this Thursday...

nope...just that my ship comes in on every 28th...that's all

Mmm...not quite sure about RM500M unbilled sales...until I see the quarterly results of RM500.0M,
...then, i will celebrate....

Well...let us wait until 28th next month...and I will load one more lorry at RM1.45...damn...hopefully, the price stays at RM 1.45 and don't move...

damn....one of those days when you think you are happy buying at RM1.53 - but then, market give you a better discount at RM1.48....unexpected...fate...fate...fate...(banging on the keyboard)

shit...i have no money to buy....

Hi Darren Liew, does the EPS 25.3 sen comes purely from operating activities or from disposal of non core assets ? What will be the EPS after reconciling for profits purely from operating activities?

Conserve ammo... Market is going to give one big cheap sales...known as 1Malaysia Development Board...hahaha...

Hi Darren Liew, thank you so much for sharing...well...let us keep on exchanging information .... will be looking forward for next week when SymLife released its 4th Quarter results.

@ Darren Liew, thanks for sharing. Just asking, why do you think SymLife is anxious to start off developing their Sungai Long land?

Hopefully, you are able to correct me on the above...

@ Darren Liew... We need to differentiate between facts versus opinion...
Facts = based on verifiable information such as annual report / market price of land...
Opinions = deriving a conclusion based on facts

It is a fact that in the chairman message in last year annual report by Datuk Azman Yahya that he mentioned the property market is getting soft. He add that the market is expected to return to normal during 2015...but in fact...it does not.

Now, in the latest quarterly report, it was mentioned they are looking to build affordable housing. The question is that whether Symlife is capable to add one more affordable housing project to its list? there are already 7 projects in the works now and 3 upcoming projects in the pipeline. All these 10 projects are focussed on the high end segment - the segment that is hardly hit by this property market slowdown. Hence, my opinion is that datuk misread the market.

He tried to change course but it is a bit too late... He tries to focus on affordable housing but then his plate is full because he got 10 projects already.....

seems like bad market timing from SymLife...focusing on high end segment whilst the whole market now is focusing on affordable housing...but in their latest quarterly reports, they are saying they are going to shift to affordable housing - but until now, batang hidung pun tak nampak?

Wah...it seems like we have got a lot of "Cheong Stars" kakis / brothers in this forum....all enjoy to curi makan...hehehe.... Wife / girlfriend know or not? Hahaha....

But honestly, today really enjoy curi makan @ RM1.53... Really kenyang....

@ apini, the window of opportunity is now wide open for you to "curi makan" or "tambah makan".
I think it is going to breach the RM1.50 holding line...

hahaha...curi makan @ RM1.53....
Gadang...enak, lazat, berkhasiat, kenyang...
nyum nyum....

@ Darren Liew, well... Buying at this price RMO.85 will give you a huge a margin of safety. Despite what is being said here, the future brings with it an element of uncertainty and this margin of safety will mitigate this risk.

wow apini, you are a very big kaki.....

SymLife is quite steady - overall KLCI drops - but then, still holding ground at RM0.84 to RM0.85...

Well...this is my thinking:
Let us take a look at Mitra - the so called Gadang's better half. Mitra is also free falling...i believe alot of people took a gamble on the upcoming 11th Malaysia Plan and hoping that the government will hand out lots of construction jobs...but then, are grossly disappointed. These speculators have already jump boat - via unloading Gadang's shares.

Also, don't forget that Gadang has risen over the past few days. Now, if you factor in the T+3 impact (which is due tomorrow), you will see Gadang dropping to RM1.51 (and possibly below).

Hence, RM1.51 is plausible.

Now, is the best time for me to do bottom fishing....placed buy call at RM1.51...i maybe wrong...but i am definitely a very patient guy - waiting to "curi makan" at the side line...

RM1.50 tomorrow is plausible

what political issue? Najib kena tendang keluar?

don't forget - tomorrow is T+3/ T+4 liaw...will experience a sharp drop

this is syndicate play liaw
Conspiracy

patience...it will drop until RM1.50- - where i patiently await and collects...

Besok...akan turun RM1.50....masa untuk pancing ikan....

@ Darren Liew, the Sungai Long land is only at 412 acres according to the latest 2014 Annual Report.
Anyway, how big is a water treatment plant (in terms of acreage)?
I don't think the state government will resort to land grab.
SymLife maybe compensated via cash (tag to market price ~ maybe discount abit to give face to Selangor state government) or land swaps.

@Darren Liew, just asking...
Question 1:
When will selangor state government acquires the sungai long land?
Question 2:
How big of the land that they will acquire? Also, how will the state government going to compensate Symlife for that acquisition? Via land swap or via cash?
Will it be at prevailing market value?

@ Darren Liew,
For me, i will be quite happy if they can maintain previous year's dividend of 4 cents. Reason is that SymLife has been reporting negative operating cash flows for the past few quarters and this problem is made more acute by the weak property market especially the high end segment. Do not forget that SymLife is focusing alot on high end segment.

Hi Azlan88, how are you?
Great to see you are back at Symlife.

Anyway, the profits arising from Star Residences are shared on a 50-50 basis. Not all belongs to Symlife.

Will be great if you confirm otherwise...

Errr..just to confirm with you... I think that the treasury shares that you mention amounting to 388329 has already been distributed last year 2014.

please show some respect to abang Apini... I think that guy is in the market for a very time...

@ Brother Apini,
Then, what makes the share price moves?

@where you get this infor above?

about share treasury distribution ~ i don't place too much hope on it...the whole FY15, it only purchased 10,000 of its shares back despite lower share price....hahaha - what a joke~!!!

@ Brother Apini,
Actually, Gadang constitute a very small % of my portfolio...
SymLife = 60%
GOB = 45%
Gadang = 5%

Don't know why the price for both SymLife + GOB never really recover.
If think about it logically,
both SymLife + GOB has got undervalued landbanks.
If they sell those land at market price (instead of developing them but rather just sell them outright), their profit is more or less guaranteed
and these EPS from outright sale is more than their current share price.

The profitability of these type of businesses are very transparent.

But don't know why the market does not "reward" these type of counters.

Now, i kena stuck in the market. I only thank GOD that i don't borrow.

And now, i keep on buying Gadang on a monthly basis with leftovers that i have.

there are things that i have done - that i regretted deeply...words cannot express my frustration and my regrets...

Wait for this feeding frenzy session to be over....then, the price should drop and we will patiently wait and pick up at a low price...

then, continue waiting for....

hehehe...drop more...hopefully on 28th May 2015, it will drop to RM1.50
where i patiently await

......PS: hopefully, i do not offend anyone here.....

wow...today is Apini's show....

Please gap down... I wanna buy more....

i will take that with a huge pinch of salt....too many false starts for GOB