SYMPHONY HOUSE BHD

KLSE (MYR): SYMPHNY (0016)

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Last Price

0.00

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


7 people like this.

2,187 comment(s). Last comment by ruslimz 2015-12-17 15:34

almufathal

1,360 posts

Posted by almufathal > 2014-04-22 09:49 | Report Abuse

kytan....i really upset with people comments yesterday....apologies

kytan

2,865 posts

Posted by kytan > 2014-04-22 09:49 | Report Abuse

0.3 is my wish..but close at 0.27 is achieveable today because the last stable price is 0.27 for so long. If panic selling is create by big boy yesterday, maybe today day collect enough to push it up again...haha still buy at your own risk..because my price is 0.24

almufathal

1,360 posts

Posted by almufathal > 2014-04-22 09:50 | Report Abuse

the investors who promote this company ealier also felt regret with this company....really bad laaaaa

Posted by hungrylion > 2014-04-22 09:53 | Report Abuse

almufathal, u mentioned those investors... who are they? what are your sources? jus curious

almufathal

1,360 posts

Posted by almufathal > 2014-04-22 09:57 | Report Abuse

read la yesterday posting....i'm not creating any problem with anyone...if i'm wrong...i'm truly apologies...

kytan

2,865 posts

Posted by kytan > 2014-04-22 10:01 | Report Abuse

almufathal..is ok.maybe i wrong too. but in forum..all the buy call and sell call everyone with hidden agenda. i buy low now i want sell high is my agenda. but my data support is i knew yesterday sell down volume is less..and i'm 90% sure today will go up..by luck today up 10%.

Posted by valuemaster > 2014-04-22 10:02 | Report Abuse

told you guys, sure rebound haha, thanks for grabbing my shares away, this counter will consolidate

Superman88

500 posts

Posted by Superman88 > 2014-04-22 10:21 | Report Abuse

valuemaster, what is TP 27c ?

FX Lee

5,194 posts

Posted by FX Lee > 2014-04-22 10:37 | Report Abuse

anyone know reason why yesterday sell down?

FX Lee

5,194 posts

Posted by FX Lee > 2014-04-22 10:44 | Report Abuse

AFTER futile attempts at going public, Ranhill Energy and Resources Bhd looks set on achieving its listing status – finally.

The company, which is undertaking a reverse takeover (RTO) of Symphony House Bhd, aims to potentially raise the same amount Ranhill had obtained from investors earlier via its aborted initial public offering (IPO) last year, according to sources. The amount would be in the region of RM750mil.

The deal will see Tan Sri Mohamed Azman Yahya, who is the current acting chairman and group chief executive officer of Symphony, and executive director Abdul Hamid Sheikh Mohamed, buying out the existing business of the company for RM60mil in a management buyout (MBO) exercise.

FX Lee

5,194 posts

Posted by FX Lee > 2014-04-22 10:45 | Report Abuse

now 26 cent can buy?

FX Lee

5,194 posts

Posted by FX Lee > 2014-04-22 10:46 | Report Abuse

The shares will be consolidated and issued at RM1.50. The consolidation is in the ratio of 10 existing shares of 10 sen each to be consolidated into one share of RM1.

“The company will be issuing a one-for-one rights issue and expects to raise RM90mil. Symphony plans to raise a further RM600mil plus by subsequently carrying out a public issue,” says a source familiar with the deal.

The total amount, he says, will be subject to the approval of the Securities Commission (SC).

“The process should be completed by the end of the year. New shares will be offered to the public because the shareholders can’t take up everything.”

FX Lee

5,194 posts

Posted by FX Lee > 2014-04-22 10:47 | Report Abuse

Ranhill’s core businesses are in the energy and environment sectors.

Under the energy sector, it provides engineering and power generation services, and its oil and gas consultancy business through a joint venture with Worley saw it involved in a number of major oil and gas jobs.

Under its environment business, the company provides water supply services, operates water and wastewater treatment plants and provides specialised services in the management and optimisation of water utility assets.

One of Ranhill’s key assets is its water concession in Johor – it had been awarded an exclusive licence by the government to provide source-to-tap water supply services in the southern state. That business constitutes about 60% of Ranhill’s business.

Ranhill, which recorded a net profit of RM282.23mil on revenue of RM1.99bil for its financial year ended Dec 31, 2012, withdrew its IPO following issues of disclosure transgression.

Ranhill’s IPO plans were put on hold last year after it emerged that there had been a disclosure breach related to the suspension of the licences of its affiliate company, Perunding Ranhill Worley Sdn Bhd, by Petroliam Nasional Bhd for an indefinite period.

The company, which had targeted to raise some RM753mil, returned the funds to its investors.

Subsequently, the Securities Commission (SC) imposed a fine of RM200,000 on the company, while Hamdan was reprimanded and fined RM300,000 for the failure to disclose the licensing issue.

Ranhill was supposed to list on Bursa Malaysia on July 31, with about 70% of its RM753mil IPO proceeds to be utilised for the repayment of borrowings.

The SC had instructed the company to postpone its IPO indefinitely on July 25 in view of the non-disclosure issue.

The following day, Ranhill announced that it had terminated its IPO. According to the company’s prospectus, it had debts of RM1.93bil and a gearing of 1.61 times as at end-December 2012.

The bulk of the proceeds from the IPO was to be used for debt repayment, with the remainder for business acquisition and expansion to increase Ranhill’s market presence.

Superman88

500 posts

Posted by Superman88 > 2014-04-22 11:00 | Report Abuse

bolat to break 26

Posted by devilnevercry > 2014-04-22 13:07 | Report Abuse

banyak nya advertisement di sini. promoting symphny

messi2u

284 posts

Posted by messi2u > 2014-04-22 16:48 | Report Abuse

weak rebound

Posted by moneyking96 > 2014-04-22 17:00 | Report Abuse

how come did not back to 27c..

chodoi

96 posts

Posted by chodoi > 2014-04-22 17:19 | Report Abuse

take time..kayuh pelan2

Posted by Man144324 > 2014-04-22 20:08 | Report Abuse

slow doesn't matter as long it moves forward

Tina Khoo

223 posts

Posted by Tina Khoo > 2014-04-23 09:35 | Report Abuse

Need booster to kayuh faster...

Wiwangwang

238 posts

Posted by Wiwangwang > 2014-04-23 10:26 | Report Abuse

will the company privatise with 0.20cent . later that use 1.50 to IPO the new share ? ? because that some investor held less than 10 share cant be convert to new ranhill share .

Hafiz_444

301 posts

Posted by Hafiz_444 > 2014-04-23 11:00 | Report Abuse

why not drop if IPO 1.5 ? hidden agenda

messiBarca

598 posts

Posted by messiBarca > 2014-04-23 12:24 | Report Abuse

Game over this RANHILL...

Posted by hungrylion > 2014-04-23 12:52 | Report Abuse

adui.. it wont happen so quick la ah boy. retesting the multi year high, wait n see lor

spider99

212 posts

Posted by spider99 > 2014-04-23 16:18 | Report Abuse

con stock, siape lagi trapped ?

ssong

59 posts

Posted by ssong > 2014-04-23 17:00 | Report Abuse

Any idea will dropqagain tomorow

KL_LEE

372 posts

Posted by KL_LEE > 2014-04-23 21:37 | Report Abuse

no wonder drop due director dispose..another useful link for all
http://silkyhawk.blogspot.com/2014/04/symphny-0016-speculative-trade.html

Tina Khoo

223 posts

Posted by Tina Khoo > 2014-04-23 22:17 | Report Abuse

@messi2u...The announcement u post is symphony life !

Posted by hungrylion > 2014-04-23 23:34 | Report Abuse

Kl-lee, where u get info on director disposal ah? I see no such disposal in bursa. Also the blog u posted is speculative only. Are u trying to scare ppl to panic sell? Lol

Posted by hungrylion > 2014-04-23 23:36 | Report Abuse

Messi2u, this is symphony house NOT symphony life. Get it right before u post lol

messi2u

284 posts

Posted by messi2u > 2014-04-24 06:34 | Report Abuse

hungrylion, sorry..i will delete the post.

ssong

59 posts

Posted by ssong > 2014-04-24 18:17 | Report Abuse

Wat is coming soon

HanSolo

309 posts

Posted by HanSolo > 2014-04-24 22:07 | Report Abuse

when is it going up?????im waiting

Optimus1

359 posts

Posted by Optimus1 > 2014-04-24 22:08 | Report Abuse

horland ady ma, u donno meh?

fortunebullz

2,000 posts

Posted by fortunebullz > 2014-04-24 22:09 | Report Abuse

Ayamtua! You 2nd round!

eftee

1,210 posts

Posted by eftee > 2014-04-25 09:24 | Report Abuse

He don't know in and out how many rounds liao

Posted by valuemaster > 2014-04-25 12:10 | Report Abuse

ayam tua really behaves like flowerpower, manipulate push up then disappear, ayam tua you better don't behave like that!

HanSolo

309 posts

Posted by HanSolo > 2014-04-25 13:43 | Report Abuse

LOL ayamtua is Optimus1?

Posted by Sultan Arif > 2014-04-25 22:35 | Report Abuse

anyone can suggest about (time)??anyone holding this shares?

Posted by Sultan Arif > 2014-04-25 22:36 | Report Abuse

4494 started moving up...baught at 63cents..

Posted by Sultan Arif > 2014-04-25 22:37 | Report Abuse

anyone can suggest (dbhd)?will collapse terribly or keep on flying?

AyamTua

13,598 posts

Posted by AyamTua > 2014-04-25 23:03 | Report Abuse

Valuemaster: are you a kid ? what's up with the blame game? i long exited this counter ... bought at 0.190 .. promo it say it could reach 0.300 and it did.. and many made money and thank me.. but you came and say it wont go higher and suddenly change your stand and support me instead and it did went more 0.300 ... by the way.. isnt it very obvious our comments are just mere comments that cant even do jack with shares prices or any external factors that controls it no matter how we praise it night and day? and i think most investors are mature to do FA/TA and trade at own risks .. i am pretty sure i did not force your hands to do buying/selling

another good counter: hexza, ntpm, ahb :-)

AyamTua

13,598 posts

Posted by AyamTua > 2014-04-25 23:06 | Report Abuse

fortunebull: yeah ! i think most are comment investor here.. when AT say buy at low.. no one listen but when steam finish and price falls start balme game ... why people so lazy to do research? yes, ranhill energy RTO not yet come to picture mah still very good price at this point

AyamTua

13,598 posts

Posted by AyamTua > 2014-04-25 23:10 | Report Abuse

valuemaster: wait i predict this counter possibily reach $1000000 say on saturday (buy) and sell on sunday ... - get the joke? oh wait did the price just went up when i said so? ha..ha.. grow up bro .. stop blame game and be mature enough do own study research - listen here, listen there when investing sure way to lose loh .....

nicermannson

1,094 posts

Posted by nicermannson > 2014-04-25 23:35 | Report Abuse

AT cheers...kokokokkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk

chodoi

96 posts

Posted by chodoi > 2014-04-26 02:39 | Report Abuse

ayam tua ...kaunter ni boleh hold lagi ke..sangkut kat 29 sen

nicermannson

1,094 posts

Posted by nicermannson > 2014-04-26 02:45 | Report Abuse

AT sudah cabut okextra ni...dah masuk EAH dan Mpay kokokokkkk

AyamTua

13,598 posts

Posted by AyamTua > 2014-04-26 15:37 | Report Abuse

ayamtua want to say sorry to valuemaster - didnt realize the popularity..

yes, world .. come to

NTPM
Hexza

and ....

AHB

hehehehehheheheheeeeee

AyamTua

13,598 posts

Posted by AyamTua > 2014-04-26 15:38 | Report Abuse

psycho chicken ! kokokokkkkkkkkkkkk

AyamTua

13,598 posts

Posted by AyamTua > 2014-04-26 15:41 | Report Abuse

sangkut? down? dont blame me! blame oneself for not doing research! kids never chance attitude. dengar sana dengar sini - bad for health. by the way for benefit of doubt .. still got hope lah .. by the way what we say will never influence even flies .... if i say today raining.. will it rain? no ... am not God lah .. kikikikikiki

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