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 5 days ago

nemesis

3,990 posts

Posted by nemesis > 2017-02-08 18:27 | Report Abuse

I can assure you once their unbilled sales hit 1.3 billion, then it is gonna be another KSL in the making...their financial result for year 2017-2019 should be very profitable...Another catalyst will the much awaited 7 billion Sungai Long project tat is gonna put Symlife in the map of institutional investors radar screen...I m fully optimistic 2017-19 will be record "sterling performance" year for Symlife with big jump in dividend for Shareholders....At 0.685 it is too cheap to be true for a small company tat managed to achieved 1 billion unbilled sales which will be reflected in the coming qtrs...

nemesis

3,990 posts

Posted by nemesis > 2017-02-08 18:28 | Report Abuse

It is totally unbelievable! Sigh

kancs3118

2,225 posts

Posted by kancs3118 > 2017-02-08 19:23 | Report Abuse

@ nemesis ....the unbilled sales of $1.3B does not include the RT3 of Star Residences . during the AGM , it was mentioned that SymLife is arranging with a service operator to sell 50% of RT3. If you include RT3 inside SymLife' billed sales, it should be RM1.8B....assuming both Union Suite and RT3 is fully sold...

nemesis

3,990 posts

Posted by nemesis > 2017-02-08 20:40 | Report Abuse

Wow amazing...If 1.8 billion unbilled sales we are looking at EPS of at least 0.40 Sen per share per year since Symlife total share outstanding is only around 300 million shares...tis Sud throttle Symlife to a share price of at least 2.00...So if they launch 8 bil Sungai Long project in 2018, then the unbilled sales will rise to above 2 billion...Can't wait to see the glory moment...We have seen it in KSL holdings...So could Symlife be the next precious gem to come...tis mth its quarterly fin result will reveal the undervalued diamond of Symphony Life! Those who sell will forever be regretful!

enid888

581 posts

Posted by enid888 > 2017-02-09 16:20 | Report Abuse

Anybody has any info when they are going to reveal the Sungai Long Project? It has been 3 to 4 years since they possessed the land and talked about the project. This is the jewel of the crown for Symlife.

enid888

581 posts

Posted by enid888 > 2017-02-09 16:38 | Report Abuse

Based on the capital size of Symlife, I think the current number of projects is enough for the company to deal with. They have Star Residence, Elevia, Twy, Tijani Kota Baru and soon to be launched Union Suites @ Sunway to work on. Hopefully, they can improve and increase the sales levels in hand for all the projects and we will see very good profits for the next 3 years. The shre price will soar if the projects are selling well. A lot of capital is needed to work on each project and having too many projects running concurrently may not be good for the company.

nemesis

3,990 posts

Posted by nemesis > 2017-02-10 11:46 | Report Abuse

Finally it started to move...

Posted by smartInvestor1 > 2017-02-10 12:33 | Report Abuse

Fulamak!! Flying up UPTREND!!

tnang

694 posts

Posted by tnang > 2017-02-10 13:26 | Report Abuse

time to buy

nemesis

3,990 posts

Posted by nemesis > 2017-02-10 14:10 | Report Abuse

My target price for Symlife for tis mth Feb is at least 0.80...Once they release 2nd qtr fin result by end of tis mth, price will inflate as the 1 billion unbilled sales starting to contribute positively to its financial year for at least 3 yrs to come...Each year should register net profit of around 70 mil or around 22 cent EPS...U will not see Symlife below 0.70 again starting fm now...

tnang

694 posts

Posted by tnang > 2017-02-10 14:16 | Report Abuse

agreed

CharlesT

14,945 posts

Posted by CharlesT > 2017-02-12 08:04 | Report Abuse

Assuming yearly sales of rm350m to rm400m n net profit margin of 10% to 15%, their annual net profit for 2017 to 2019 will b ard rm35m to rm60m or eps ard rm0.12 to rm0.20 (PE 3.5 to 6).

Of course the main catalyst is still the impending project in bandar sg long.

nemesis

3,990 posts

Posted by nemesis > 2017-02-12 16:10 | Report Abuse

The next KSL in the making...It is the most promising small cap developer currently...Next week more upside to come 0.75 is around the corner...

Posted by Sarawakians > 2017-02-13 15:06 | Report Abuse

Property market very poor. House so expensive where to find money to buy house?

nemesis

3,990 posts

Posted by nemesis > 2017-02-14 11:13 | Report Abuse

Hey Sarawakians, just don talk so much...pick it up at current cheap price before it is too late if u are wise enough...By end of tis mth u will never find Symlife below 0.80 again as tis qtr earning will jump few folds...

nemesis

3,990 posts

Posted by nemesis > 2017-02-15 15:33 | Report Abuse

SYMLIFE started to move up further...

kancs3118

2,225 posts

Posted by kancs3118 > 2017-02-15 16:25 | Report Abuse

where got? still stuck at RM0.72....

nemesis

3,990 posts

Posted by nemesis > 2017-02-15 18:15 | Report Abuse

It is coming very soon...Once fin result announced by end of tis mth, do you think you can still find Symlife at 0.72?????????

kudamuda

293 posts

Posted by kudamuda > 2017-02-15 22:32 | Report Abuse

just curious.. would you choose symlife or symlife-wb?

nemesis

3,990 posts

Posted by nemesis > 2017-02-15 23:02 | Report Abuse

Of cos mother share...

kudamuda

293 posts

Posted by kudamuda > 2017-02-17 15:57 | Report Abuse

@nemesis, thanks. Seems some small late buying interest in the afternoon. Something going on? hmm

nemesis

3,990 posts

Posted by nemesis > 2017-02-17 16:20 | Report Abuse

At least 0.80 closing by end of FEB...2-3 times jump in its 2nd qtr net profit...

nemesis

3,990 posts

Posted by nemesis > 2017-02-17 16:30 | Report Abuse

It is time to skyrocket for Symphony Life...It has long been hibernating!

Posted by FAIRnREASONABLE > 2017-02-17 17:44 | Report Abuse

Share price is still just 1/3 of NTA, not even taking fair valuation of Sungai Long project.

nemesis

3,990 posts

Posted by nemesis > 2017-02-17 18:43 | Report Abuse

Next week we will see a big rise of Symlife countdown to its coming 2nd qtr Fin result will be announced next week...Target price 0.80 for Feb n 1.50 for year 2017...EPS 20 to 25 Sen per share estimated for year 2017-2019...

Ya Hoo

42 posts

Posted by Ya Hoo > 2017-02-17 18:51 | Report Abuse

Hi Nemesis, do you think this quarter result will very good ? I saw the progress of Star residence still in fundamental stage, therefore not much contribution on this project. But for sure the unbills sales will hit 1 billion and above.

nemesis

3,990 posts

Posted by nemesis > 2017-02-18 02:23 | Report Abuse

Of course...if you don believe try not buy, sure you will regret n miss the boat...

CharlesT

14,945 posts

Posted by CharlesT > 2017-02-18 09:08 | Report Abuse

Such a boring counter in the past few years..however,seems to be a turning point now with prices stand above 200 days sma with increasing trading vol...with anticipated better q3 n q4 2017 results (n also 2018 n 2019 results backed by 1b+ unbilled sales) n cheap sg long...

Yeap still the same story as mentioned by many here....

It depends on whether u buy the story or not.i buy the story n i bought.

kancs3118

2,225 posts

Posted by kancs3118 > 2017-02-18 12:56 | Report Abuse

welcome aboard, Mr Charles T.
The main contributor for the RM1,0B unbilled sales come from The Star project in KLCC. The average land cost pqsf for The Star project is slightly lesser than RM500 psqf. Now, they are selling at about RM1800 pqsf. In addition, The Star project is a super high dense project whereby each Retail Tower packs more than 300 units. This means extremely high revenue from selling these "show boxed" condo. Hence, you can imagine how much is the profit margin for this project.

Just remember that the take up rate for The Star Tower 2 is hitting 70%. It is the ONLY project in KLCC that is still selling like hot cakes. For RT3, they are in the early stages of discussion with a service operator to take up 50% of RT3.

Then, you have Union Suites with GDV of RM400M. Tan Sri has always mention that he will only launch a project when he is confident the take up rate will hit 80%. So far, he is correct for TWY Mont Kiara and Star Residences.

Being a Chartered Accountant by profession, I like Tan Sri's style as an aggressive yet prudent manager.

CharlesT

14,945 posts

Posted by CharlesT > 2017-02-18 13:04 | Report Abuse

I sincerely thank Kancs3188, Nemesis and many others here for their selfless sharings here. TQVM

CharlesT

14,945 posts

Posted by CharlesT > 2017-02-18 13:15 | Report Abuse

The sharp increase of Symlife-WB from 0.135 to 0.235 within 2 weeks time with thin vol (now trading at a high premium of 80%+ with Ex Price of RM1.10) gives a strong hint on the price direction of Symlife in near future.

Ya Hoo

42 posts

Posted by Ya Hoo > 2017-02-19 18:49 | Report Abuse

Hi nemesis I am on the board long time ago. Just waiting result only....But really don't know when the 1 billion sales can start major contribute especiall star residence n twy project. I believe there will be a good result once start contribute and will follow by every quarter too.

nemesis

3,990 posts

Posted by nemesis > 2017-02-19 20:57 | Report Abuse

Hopefully the price won't advance more tomorrow so that we can buy more at cheaper price...

nemesis

3,990 posts

Posted by nemesis > 2017-02-20 09:16 | Report Abuse

It has gone too far now...impossible to buy Symlife below 0.750 anymore...

nemesis

3,990 posts

Posted by nemesis > 2017-02-20 09:26 | Report Abuse

Going to cross 0.80 level soon...Once 2nd qtr Fin result is out, it will surely rise above 0.80 to climb to the 1.00 territory moving forward...

kudamuda

293 posts

Posted by kudamuda > 2017-02-20 09:29 | Report Abuse

@nemesis.. 0.765 now.. the way the price move up is like special dividend coming (dreaming..) haha

CharlesT

14,945 posts

Posted by CharlesT > 2017-02-20 09:31 | Report Abuse

Breaking 52 week's high (RM0.74) with high trading vol...seldom see 1M+ within first hour of trading

nemesis

3,990 posts

Posted by nemesis > 2017-02-20 09:40 | Report Abuse

Sad to say Symlife is finally Exposed as more n more investors n punters discovered about tis undervalued stock! No more cheap buy...Analyst has started to cover n write about tis company...Symlife will follow KSL success...

enid888

581 posts

Posted by enid888 > 2017-02-20 09:41 | Report Abuse

Heavy buying. Up 5.44% in first 30 minutes of trading. Its projects namely Star Residences, Twy and Union Suites are going to bring in hefty profits. Share price will move up together with the profits.

kudamuda

293 posts

Posted by kudamuda > 2017-02-20 09:42 | Report Abuse

no need sad.. cheers to those already on board.

CharlesT

14,945 posts

Posted by CharlesT > 2017-02-20 09:49 | Report Abuse

Now just wait for Q result...see whether their RM1B+ sales is real or not...lol

Posted by FAIRnREASONABLE > 2017-02-20 17:11 | Report Abuse

A good day. nemesis is right. The run-up is impressive. Momentum just started.

kancs3118

2,225 posts

Posted by kancs3118 > 2017-02-20 17:17 | Report Abuse

Good close...good close....

red_85

1,259 posts

Posted by red_85 > 2017-02-20 19:05 | Report Abuse

Still low..Hopefully it will slowly go up instead of shoot so fast. When the stock shoot so fast, it will down fast also as alot of contrarian simply buy..If slow slow up, then surely it can sustain long and it meant that alot of value investor are inside..

nemesis

3,990 posts

Posted by nemesis > 2017-02-20 19:34 | Report Abuse

Tomorrow 0.80??

Posted by FAIRnREASONABLE > 2017-02-20 20:26 | Report Abuse

With the momentum (the large volume today), it should move pass 0.80.

kancs3118

2,225 posts

Posted by kancs3118 > 2017-02-21 14:07 | Report Abuse

selling pressure

nemesis

3,990 posts

Posted by nemesis > 2017-02-21 15:42 | Report Abuse

It is healthy...Once the selling momentum stop, second round of rally will come to close above 0.80

cherry88

986 posts

Posted by cherry88 > 2017-02-21 16:01 | Report Abuse

coming again. Stay tune

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