newbie here...just to confirm - ex-date means the date whereby those who hold the shares by that date will receive the dividend. And is they sell after the ex-date, they stand to receive the dividend. Is it correct?
kancs3118, symlife dividend will be Ex on 23/9. If you have any symlife shares on the very last second of the trading day before 23/9, these shares are entitled for dividends.
thanks for the infor. I am planning to acquire more of SymLife. When do you think is the best time to move in? Now, or waiting after ex-date (23/09)? But the price now at RM1.16 seems to be quite attractive.
The past couple of days, market has been weak and Symlife followed that too. After ex date, mostly will drop (based on observation of other counters), similarly, the dividend has been the driver for the price movement to a certain extent, once its gone, there isn't any for the time being till some major announcement comes from the company. I think the market has somewhat mostly level now at the base and now you can see some movements up for a lot of beaten down counters. For me, I am waiting for after Ex, as I am unsure if the worst is over. Just an opinion from me, hope it helps. Others can comment too.
If crazy sell after dividend ex-date lagi bagus can collect more for next year dividend .....I think most of investors here aim for long term ......once up to rm1.4 (24 sen vs 4 sen)...better hold for long term...jz my opinion...
Up 3 cents fr its present support at 30-DAY moving average, which is at 1.16, without any latest news. Is considered a good sign. More volume is required.
Term and condition: hold the share (how many they decide) at least more than 2 years ...discount % depend on how many share u have and how long will you holding.....house cant transfer to other within 5 years after date of S&P....hahaha jz kidding
Powerr 88: yup buy share better than buy their house for current SALES and OFFER peroid.... after hv extra money baru buy their nice nice house...hahaha
Symlife's landbank is very valuable considering latest transactions in puchong and sg long It all depends on the mgmt when are the lands going to be monetized or what are they gonna do abt it
Seeing KSL & Ibhd keep going up , but their landbank is terrible Only pro is that they have recurring income in KSL's shopping mall & Ibhd theme park. Which if you ask me do not think is doing well.
SYMLIFE has rebounded off the RM1.16 support level and ended above the EMA9 level. The MACD Line is hovering above zero, while the MACD Histogram has turned green. The RSI, however, is below 50. Price could inched higher towards the near term resistance of RM1.24, followed by the next target of the RM1.34 levels.
Symphony Life Bhd is set to achieve at least RM2 billion in property sales by 2018, according to Executive Chairman Tan Sri Azman Yahya.
Azman said Symphony Life, formerly known as Bolton Bhd, saw good demand for its RM2.5 bilion worth of real estate launches.
"Although the market had seen signs of softening over the past 12 months, we had launched projects with total gross development value (GDV) of RM2.5 billion with excellent take up rates," Azman Yahya told reporters after Symphony Life's annual general meeting here today.
He said Symphony Life was confident that the market would return to a steady pace next year.
Azman said the company was well positioned to capitalise on opportunities in the property market.
"Furthermore, the Bank Negara Malaysia is taking some measures in promoting a stable and sustainable property market.
"With projects having estimated total GDV of almost RM4 billion to be launched within the next five to seven years, we are well poised to take advatage of any upturn in the property market," he said.
Symphony Life's freehold Star Residences, TWY Mont Kiara, Signal Hill, and Shah Alam U10 are among projects in the launch pipeline.
He also said Symphony Life was actively looking to add to its land bank for future development.
On its township development in Sungai Long within Selangor's Kajang district, Azman said the development of the land would not be taking place anytime soon.
He said this was due to the Selangor state government's plan to acquire part of the land for the Langat 2 project and a proposed new highway.
"The amount of land that will be acquired has yet to be finalised. We hope we could get a certainty by end of the year."
According to the company preliminary projection, the 168 ha (420 acre) Sungai Long development may carry a GDV of RM8 billion.
just curious...what is the size of the Sungai Long land that the Selangor state government is looking to acquire? hopefully, the state government will pay market rate and not resort to land grab.
Apart from this, Sungai Long land will be the backbone/ core project for this company and will keep the monies rolling in for a few good years. It is encouraging to see that the company is not overly reliant on Sungai Long and has many other projects in the pipeline for the time being.
I do not think that there will be land grab considering Tan Sri's connections. From Tan Sri, they are looking at around 100-200acres. Location yet to be determined which is why no project launches yet.
You are right abt Sg Long. Like I mentioned, it will be a matter of time mayb 2016 earliest? 2017 will see the completion of Ahmad Zaki interchange which is the EKVE.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
JN88
11,670 posts
Posted by JN88 > 2014-09-03 21:21 | Report Abuse
After dividend ex-date maybe will drop...but quarter report is coming...so no worry.....