SYMPHONY LIFE BERHAD

KLSE (MYR): SYMLIFE (1538)

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Last Price

0.225

Today's Change

-0.005 (2.17%)

Day's Change

0.225 - 0.24

Trading Volume

90,800


8 people like this.

4,341 comment(s). Last comment by Michael Kwok 6 days ago

promaxsam

172 posts

Posted by promaxsam > 2014-08-18 10:25 | Report Abuse

intrinsic value at 1.75 , still more room to go .

azlan88

509 posts

Posted by azlan88 > 2014-08-18 10:34 | Report Abuse

agree, with reduced borrowing they can give more dividends. EPS last year was 18cent, which mean simple PE 10x is translate to TP RM1.80, which is close to its NTA RM1.99
In the past, they were brought down by project delay but based on latest annual report, they have addressed this issu by appointing 2 new officers.

kancs3118

2,225 posts

Posted by kancs3118 > 2014-08-18 10:51 | Report Abuse

today is a good day....Symlife + GOB - both counters are moving....
But can anyone advice ....why GOB share price can move while volume transacted is not much??? Like GOB share price can +0.03 whilst volume is only 482K whilst SymLife share price +0.04 whilst volume is a whopping 6M.

pro888

182 posts

Posted by pro888 > 2014-08-18 11:01 | Report Abuse

UP UP UP

pro888

182 posts

Posted by pro888 > 2014-08-18 11:03 | Report Abuse

It still Cheap

kk123

1,964 posts

Posted by kk123 > 2014-08-18 11:09 | Report Abuse

Symlife is a bit better than gob in my own view
As its already completed reorg and already strong financially
U can see that symlife is already in strong footing - rewarding its shareholder with dividend and bonus warrants and most of it land bank has not been revalued , else the NTA easily >$3
Gob also good , it has land in Penang , but it is at stage of getting additional funds from shareholders - there is a rights issue pending ..
While symlife they no need anymore fund , strong footing and ready to go..
Good luck!

dragonlim

412 posts

Posted by dragonlim > 2014-08-18 11:13 | Report Abuse

Symlife price movement is very stable & promising today, any good news other than dividend declared b4?

kancs3118

2,225 posts

Posted by kancs3118 > 2014-08-18 11:13 | Report Abuse

@ kk123, what you say is very true....GOB is in the midst of getting shareholder's funds via rights issue and their landbank is not that much compared to SymLife...

sky2

756 posts

Posted by sky2 > 2014-08-18 11:16 | Report Abuse

One IB gives internal valuation aka fair value of rm 1.90........

kk123

1,964 posts

Posted by kk123 > 2014-08-18 11:25 | Report Abuse

Yes , according to symlife boss, azman yahya now they are in strong financial footing ..such that many financial institution keen to borrow them money for project financing ..
So symlife no need to ask anymore funds from shareholders
Now they are in strong footing to grow via JV etc
They have much more land than gob .. About 1000 acres yet to be developed
So just buy and hold la .. No need to worry ..

kancs3118

2,225 posts

Posted by kancs3118 > 2014-08-18 11:28 | Report Abuse

actually, thinking about adding up...but price increase so much liaw....still thinking...

kancs3118

2,225 posts

Posted by kancs3118 > 2014-08-18 11:32 | Report Abuse

Symlife is well positioned to profit both in a good and bad property market - besides sungai loong, the bulk of their land is located at Kedah. For that, i believe they will be building terrace houses which cater for the middle class Kedahans. This will carry them through bad times.....

Heng611

173 posts

Posted by Heng611 > 2014-08-18 11:47 | Report Abuse

1st day go up, 2 more day to go

james70

327 posts

Posted by james70 > 2014-08-18 11:59 | Report Abuse

I am glad I got into the warrants on time.

JN88

11,670 posts

Posted by JN88 > 2014-08-18 12:18 | Report Abuse

James70: when symlife will give warrant? last year?

pro888

182 posts

Posted by pro888 > 2014-08-18 12:36 | Report Abuse

Nov last yr

james70

327 posts

Posted by james70 > 2014-08-18 12:45 | Report Abuse

Symlife gave out the free warrants last year on a 1 for 4 basis.

kancs3118

2,225 posts

Posted by kancs3118 > 2014-08-18 13:34 | Report Abuse

wow - very rewarding stock - with warrants granted on Nov'13 and dividend this Sep/Oct'14.

JN88

11,670 posts

Posted by JN88 > 2014-08-18 13:53 | Report Abuse

Very good boss.....must invest in this king of boss....hehehe

JN88

11,670 posts

Posted by JN88 > 2014-08-18 13:58 | Report Abuse

king=kind

kk123

1,964 posts

Posted by kk123 > 2014-08-18 15:53 | Report Abuse

Yes I am collecting also as its still cheap...

JN88

11,670 posts

Posted by JN88 > 2014-08-18 15:59 | Report Abuse

Guocco rm2 ady...symlife gambateh..

kk123

1,964 posts

Posted by kk123 > 2014-08-18 16:41 | Report Abuse

It's cheap bro.. Go in before too late .. But buy and hold la sure make ! Its a very well manage under azman yahya ... u see those funny company like ecoworld also can move to rm$5 with little earnings and track record and no dividend ..
So symlife definitely a steal and a lot of its property not yet revalued else NTA will be much higher ..
Good luck ..
18/08/2014 16:39

sky2

756 posts

Posted by sky2 > 2014-08-18 17:05 | Report Abuse

Ya Symlife is like Huayang or Tambun ....taking care of small investors...that is why more and more ikan bilis like them.......the real rewards for holding these types of shares..........

tenys1227

114 posts

Posted by tenys1227 > 2014-08-18 17:47 | Report Abuse

why 50% discount but not 2x, 3x appreciation like Ecoworld? If eco world can make it rm5 and above, why not symlife ^.^... wonderful closing and happy trading everyone

3459863

1 posts

Posted by 3459863 > 2014-08-18 18:12 | Report Abuse

Up! Up! Up!

james70

327 posts

Posted by james70 > 2014-08-18 18:20 | Report Abuse

My calculated RNAV is around RM9 without including the Star Residences.

james70

327 posts

Posted by james70 > 2014-08-18 18:21 | Report Abuse

But for small cap, perhaps a 60-70% discount. So a TP of RM2.7 is not unreasonable.

windz1984

74 posts

Posted by windz1984 > 2014-08-18 19:20 | Report Abuse

Finally it moved

kk123

1,964 posts

Posted by kk123 > 2014-08-18 21:38 | Report Abuse

Have confidence in Tan sri azman yahya.. Good management.. If ecoworld under liew kee sin can move to $5 with much lesser earnings and land bank ...why can't symlife ?
Symlife shld be no problem.. It has prime land in Bkt Ceylon , kepong, klcc got one project coming - star residence near Ambank the GDV is in the billions, plus Kota bahru , kedah , Penang , negeri sembilan and Sabah ..
1000 acres of land not developed yet in particular the sg long one shld be worth a lot ..
I buy also because it has dividend of 4 sen and bonus
So its fits my criteria ..
Usually I don't buy any counter with no dividend at all .. Cause the earnings can be fake ..
A counter like symlife - consistently have dividend and bonus shld fit a lot of fund mgr long term criteria ..Even the company itself planning share buy backs ..
Plus it's well connected , as the boss tan Sri azman yahya is well known in the corporate world..
If not , it wouldn't be able to do so many deals and JVs..
Enough said..good luck !

Posted by investor8888 > 2014-08-18 21:38 | Report Abuse

mew high .....tml will continue up..

Posted by investor8888 > 2014-08-18 21:38 | Report Abuse

new high

Tommy Lee

198 posts

Posted by Tommy Lee > 2014-08-19 15:13 | Report Abuse

HIGHER AND HIGHER

tenys1227

114 posts

Posted by tenys1227 > 2014-08-19 17:39 | Report Abuse

today result is not tally with what i expected...

kancs3118

2,225 posts

Posted by kancs3118 > 2014-08-19 19:04 | Report Abuse

potong stim...

kk123

1,964 posts

Posted by kk123 > 2014-08-19 22:19 | Report Abuse

Sabar la dik.. Akan dinaikkan sebentar lagi.. Haha
Beli & simpan baik-baik.. "buy and keep"...
Pasti untung..
Kaunter macam ecoworld pun boleh naik sampai $5, jadi symlife paling kurang pun $2.
19/08/2014 22:17

JN88

11,670 posts

Posted by JN88 > 2014-08-19 22:24 | Report Abuse

Contra kaki due date today.....next two day also the same will be the day for contra kaki....unless many long term investor buying....

azlan88

509 posts

Posted by azlan88 > 2014-08-19 22:51 | Report Abuse

Tomorrow gonna up I think.

power88

1,588 posts

Posted by power88 > 2014-08-20 06:56 | Report Abuse

3 wave need wait QR

Posted by luckyfrankie > 2014-08-20 07:15 | Report Abuse

3 wave?

kancs3118

2,225 posts

Posted by kancs3118 > 2014-08-20 09:26 | Report Abuse

if the share price momentarily comes down these few days (which is more than probable given the over bought position), then it is a good opportunity for long term investors to load up.

But i agree that the following factors will cause a second wave..
(1): quarterly result to be released by the end of this month - expected to be a very good quarter and
(2): shares buy back - targeted 10% reduction from 310M to 279M.

This share buy back alone will have a very beneficial impact for us retail investors.

james70

327 posts

Posted by james70 > 2014-08-20 10:42 | Report Abuse

They will return to shareholders dividends in the form of shares through this buyback. Only one way for the share price which is up.

kancs3118

2,225 posts

Posted by kancs3118 > 2014-08-20 12:22 | Report Abuse

@ james70, what is your opinion of this counter versus GOB?

james70

327 posts

Posted by james70 > 2014-08-20 14:02 | Report Abuse

i like both. They have loads of potential.

JN88

11,670 posts

Posted by JN88 > 2014-08-20 17:44 | Report Abuse

Today what happen tothe market....many counter big down....but symlife performance still not bad....big shark belum masuk this counter lagi ar?

kk123

1,964 posts

Posted by kk123 > 2014-08-20 19:06 | Report Abuse

Symlife is a fundamental counter..
Unlike those goreng counter where many get whack down...
The retailers are mostly trap by goreng counter like sumatec, Marco , pdz , etc

Posted by ryanlim1023 > 2014-08-20 19:53 | Report Abuse

Wait the quarter results
Tambun,osk prop got a good result,hope symlife have also

JN88

11,670 posts

Posted by JN88 > 2014-08-20 20:51 | Report Abuse

when will the report release?....as what i know October will have a big property fair....7million population in selangor including KL...and this number increasing every year....hopefully hv a good report card..

Sapphire

1,765 posts

Posted by Sapphire > 2014-08-20 21:14 | Report Abuse

hie..alll...wat is the,best price to enter...?

Sapphire

1,765 posts

Posted by Sapphire > 2014-08-20 21:16 | Report Abuse

1.15-1.16?wat is the tp?

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