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

Posted by ryanlim1023 > 2014-08-20 21:49 | Report Abuse

29/8 results out

kk123

1,964 posts

Posted by kk123 > 2014-08-20 22:10 | Report Abuse

Sabarla and releks.. Besok aku beli .. Kalau jatuh..
Hari ini takde masa tengok bursa..
Kau orang beli dan simpan la ..
Siapa suruh main contra ? Haha

kk123

1,964 posts

Posted by kk123 > 2014-08-20 22:18 | Report Abuse

Some of u pegang satu minit, next minit sudah lepas/dijual
Macam mana agaknya boleh untung ? Hahaha
Broker yg untung ..

kk123

1,964 posts

Posted by kk123 > 2014-08-20 22:19 | Report Abuse

It's like today u get married , tomoro divorced via SMS haha
Lose the wedding and mas kahwin
Haha

Sapphire

1,765 posts

Posted by Sapphire > 2014-08-20 22:36 | Report Abuse

1.16 can buy in? tp 1.60?

Sapphire

1,765 posts

Posted by Sapphire > 2014-08-20 22:39 | Report Abuse

hari ini i pergi penang..i nampak banyak advertisement signboard dekat highway...apasai...?

kancs3118

2,225 posts

Posted by kancs3118 > 2014-08-20 23:41 | Report Abuse

@ Sapphire....today is considered as T+2 and the spread is already at 6 cents. The best time to enter is within these few days (until Friday). Reason is the bull run on this counter occurs on Monday and T+4 is Friday. This week is highly likely to flush out all the contra players. Anyway, if you get it lower than RM1.20/- you should rejoice. Because i load up extra at RM1.20.

I know, silly me...but then, i buy to hold for long term (about 1.5 years - hopefully, they will issue treasury shares during my holding period). So, a few cents delta for me, is still ok.

JN88

11,670 posts

Posted by JN88 > 2014-08-21 10:30 | Report Abuse

Today need to clear the road block by contra kaki...then next week can move higher...hehehe

Sapphire

1,765 posts

Posted by Sapphire > 2014-08-21 13:24 | Report Abuse

i offer contra player..buy at 1.15-1.16 b4 it fly...hehe....

Sapphire

1,765 posts

Posted by Sapphire > 2014-08-21 13:29 | Report Abuse

sell plssss

Sapphire

1,765 posts

Posted by Sapphire > 2014-08-21 13:30 | Report Abuse

1.16!!!after lunch pls selll else it wunt go up..:P

Sapphire

1,765 posts

Posted by Sapphire > 2014-08-21 14:41 | Report Abuse

feed the big jaws at 1.13or else feed at 1.16 oso can...hehe..

terapi

3 posts

Posted by terapi > 2014-08-21 17:52 |

Post removed.Why?

Sapphire

1,765 posts

Posted by Sapphire > 2014-08-21 18:05 | Report Abuse

symlife looks like sin life...haha..

Sapphire

1,765 posts

Posted by Sapphire > 2014-08-21 18:11 | Report Abuse

symlife motorbike advertisement everywhere...why?

Sapphire

1,765 posts

Posted by Sapphire > 2014-08-21 18:12 | Report Abuse

kancs..u play long term u win..u play short term u lose money..lets test ur patient good enough or nt?haha.

Sapphire

1,765 posts

Posted by Sapphire > 2014-08-21 18:13 | Report Abuse

tp 1.50

Posted by luckyfrankie > 2014-08-22 10:23 | Report Abuse

symlife lai liao

Sapphire

1,765 posts

Posted by Sapphire > 2014-08-22 10:43 | Report Abuse

wow...so many seller...why selll? sell at 1.50 nt 1.22 ..else nobody gain money..big jaws blocking..scare...scare..

Sapphire

1,765 posts

Posted by Sapphire > 2014-08-22 10:46 | Report Abuse

boost warrant easier...

tenys1227

114 posts

Posted by tenys1227 > 2014-08-22 11:08 | Report Abuse

buy buy buy...

Posted by luckyfrankie > 2014-08-22 11:48 | Report Abuse

drop liao

Posted by luckyfrankie > 2014-08-22 15:01 | Report Abuse

lailailai

JN88

11,670 posts

Posted by JN88 > 2014-08-22 15:13 | Report Abuse

Impossible drop lagi...almost all contra kiki lari ady....now waiting the news to boost up the price...hopefully janji dicapati.....

JN88

11,670 posts

Posted by JN88 > 2014-08-22 15:50 | Report Abuse

Habis cerita....closing at1.20 this week....TGIF...happy weekend to everyone..

kancs3118

2,225 posts

Posted by kancs3118 > 2014-08-22 16:32 | Report Abuse

i guess RM1.20 will be the new low going forward....

tenys1227

114 posts

Posted by tenys1227 > 2014-08-22 17:10 | Report Abuse

happy trading, happy week end

james70

327 posts

Posted by james70 > 2014-08-25 12:58 | Report Abuse

@kancs, Why did Symlife sell the 200acres of Sg Long land to YTLCement? Did a bit of digging for info over the weekend. Back in 2007, Azman Yahya was cleaning up Symlife's debt by selling all non property related businesses; and the quarry business known as Kenneison Brothers was one of them they exited. Who did they sell this to? YTL Cement and as I understand, the RM24m sale involves all its machinery and quarry lease but not the land. YTL also pays Symlife RM3m per annum for the next 12years (up to 2019). So the relationship between Symlife and YTL were forged pretty early on which led to the eventual sale of the 200acre of quarry land in 2013.

kancs3118

2,225 posts

Posted by kancs3118 > 2014-08-25 13:56 | Report Abuse

wow... James70, your grasp of information is really impressive. Please teach me where do you get hold of all these resources?

james70

327 posts

Posted by james70 > 2014-08-25 14:10 | Report Abuse

I got all of it from the internet.

james70

327 posts

Posted by james70 > 2014-08-25 16:31 | Report Abuse

Did anyone notice that Tong Kooi Ong bought Symlife shares recently?

kancs3118

2,225 posts

Posted by kancs3118 > 2014-08-25 16:48 | Report Abuse

@ james70, not really, ....where do get this information from? also, where do i get information about changes in shareholdings? thanks alot...

Firebird2

1,730 posts

Posted by Firebird2 > 2014-08-25 16:55 | Report Abuse

ok hang on, I check

kancs3118

2,225 posts

Posted by kancs3118 > 2014-08-25 16:55 | Report Abuse

@ Firebird2, i am a newbie - please help....from that page, where can i find information that Tong Kooi Ong is actually buying up the shares at Symlife?
******Teach me how to fish once, then, i can eat sushi everyday...**** hahaha

Firebird2

1,730 posts

Posted by Firebird2 > 2014-08-25 16:56 | Report Abuse

go to company, select symlife, go to category, select changes in shareholdings

james70

327 posts

Posted by james70 > 2014-08-25 17:09 | Report Abuse

Go to his website tongkooiong.com. He updates his portfolio regularly and stated the reasons for buying them. He got them at RM1.25.

Posted by StockLearner > 2014-08-25 17:27 | Report Abuse

Result out... only 3.9 cents, lower than last year... So tomorrow's share price?

james70

327 posts

Posted by james70 > 2014-08-25 22:22 | Report Abuse

I think the price will hold steady. Q1 is seasonally lower and the lower profit was already expected when they announced the deferral of several projects in Q4. Looking forward, Q2 should record a one off profit of RM26.4M or 9.3sen in EPS. The unbilled sales are expected to increase significantly when the 3 new projects namely Elevia Residences in Puchong which was recently launched on 8 August 2014, TWY Mon't Kiara and Desiran Bayu in Sri Rampai to be launched in the third quarter of FY2015. FY2016 should be even better when Star Residences start to contribute.

Anyways let us not take our eyes of the prized assets which is the 419acre of Sg Long parcel. This is going to propel Symlife to RM4 or RM5 easily when the analyst start to cover this stock.

To recap, SYF recently paid RM31.08m to the landowners for the 8.1acre Sg Long parcel. This works out to RM88.15 per sqft.

Symlife has 419acres there valued at RM137.4m or RM7.52 per sqft. Using the RM88 per sqft benchmark, this land is worth an amazing RM1.606B or RM5.18/share on an undiluted basis or RM3.85/share with the warrants fully converted.

Then we have another benchmark from SHL Consolidated whose management stated their Sg Long land is worth RM130/sqft base on market value. Now this is worth Rm7.65/share.

If it goes down, that's what you call an opportunity.

Posted by investor8888 > 2014-08-25 22:46 | Report Abuse

hold tight..

power88

1,588 posts

Posted by power88 > 2014-08-25 23:45 | Report Abuse

Guocoland profit up from 18m to 119m due to valuation of investment properties. If Symlife also do the valuation, maybe profit more than guocoland....

Heng611

173 posts

Posted by Heng611 > 2014-08-26 02:57 | Report Abuse

Hold for 10 month realised profit RM7.5K unrealised profit 3.5k

nooobieee

470 posts

Posted by nooobieee > 2014-08-26 09:16 | Report Abuse

sell sell sell
profit drop already
fast fast sell sell sell
i am queuing to buy 50k units at each bid
lai lai lai mali mali mali home

nooobieee

470 posts

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

good!! 1.18 hit all
now 1.17<
come to papa

nooobieee

470 posts

Posted by nooobieee > 2014-08-26 09:21 | Report Abuse

mfarker, wtf queue again

nooobieee

470 posts

Posted by nooobieee > 2014-08-26 09:25 | Report Abuse

nymar, why everyone buy at 1.18
wait lower mah

nooobieee

470 posts

Posted by nooobieee > 2014-08-26 09:29 | Report Abuse

tiu la seng, siu la ba
profit drop but everyone queuing to buy high

nooobieee

470 posts

Posted by nooobieee > 2014-08-26 09:43 | Report Abuse

the world is full of nuts

power88

1,588 posts

Posted by power88 > 2014-08-26 09:44 | Report Abuse

Sharing from icon8888

http://klse.i3investor.com/blogs/icon8888/50533.jsp

The group has more than 900 acres of land bank at strategic locations (mostly Klang Valley and Penang) with net book value of RM458 mil.

One of the most interesting piece is the 419 acres located at Sungai Long near Kajang, which has GDV of RM6 billion and could last the group for 10 years.

Many of these land bank were acquired / revalued many years ago. As such, the actual valuation should be substantially higher.

Symlife is interesting because it has small market cap and yet sits on huge tracts of land bank. Most of which are not revalued and reflecting market pricing at 1990s and early 2000s. The group used to be mired in debts. But with new owner and management, the group is finally turning around and heading towards the right direction.

kancs3118

2,225 posts

Posted by kancs3118 > 2014-08-26 10:34 | Report Abuse

actually, the article by Master Icon8888 about its landbank in Penang is abit inaccurate. The bulk of its land outside of Selangor is located in Kedah. Its landbank in Penang has already been exhausted to build Surin. Surin is Symlife's maiden forey into Penang.
http://www.apartment-penang.com/2007/12/surin-condominium-penang.html

I believe the Kedah's landbank will be used to build an affordable township - the bread-and-butter type of terrace houses which should tide Symlife over during bad times. Symlife maybe one of the few developers offering a suite of products that cater to the middle class and the upper class of society - all of which is good news because Symlife is poised to make money during good and bad times.

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