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

65,900


8 people like this.

4,341 comment(s). Last comment by Michael Kwok 5 days ago

Eldon Ong

158 posts

Posted by Eldon Ong > 2017-03-17 14:58 | Report Abuse

son moving but mother still sleeping……

nooobieee

470 posts

Posted by nooobieee > 2017-03-17 15:02 | Report Abuse

nice.. engine starting :))

nemesis

3,990 posts

Posted by nemesis > 2017-03-17 16:54 | Report Abuse

RILEK LER...PLS be patient...1.00 is coming next week

Eldon Ong

158 posts

Posted by Eldon Ong > 2017-03-17 19:11 | Report Abuse

Many property's counters moved already,when is the turn for symlife??

nemesis

3,990 posts

Posted by nemesis > 2017-03-17 20:33 | Report Abuse

Glomac hasn't move yet....

Eldon Ong

158 posts

Posted by Eldon Ong > 2017-03-17 21:16 | Report Abuse

yes....Glomac is one of them....but I noticed that people push those counter come with warrant...like mahsing,malton...

nemesis

3,990 posts

Posted by nemesis > 2017-03-18 09:57 | Report Abuse

The only negative side is that Symlife is high gearing...is there any concern on this with over 350 mil net debt for a small cap developer...So the question is if they really launch Sg Long in the future, will they exercise Right Issue to ask additional funding fm Sholders to kickstart the project??? What u guys think of this? Pls share ur opinions...

darrenliew

1,032 posts

Posted by darrenliew > 2017-03-18 11:05 | Report Abuse

NO REAL CONCERN HERE. ITS GEARING IS LIKELY RELATED TO ITS ON-GOING PROJECTS WHICH ARE REALLY DOING WELL. EVIDENT FROM ITS UNBILLED SALES REGISTERED UP TO RM2 BILLIONS OR MORE. ESPECIALLY FROM GOOD SALES FROM ITS HIGHLY DEMAMDED STAR RESIDENCES. AS THE RM2B UNBILLED SALES BECAME PROGRESSIVELY COLLECTED ITS GEARING/BORROWINGS WILL ALSO BE PAID OFF AND REDUCED.

FURTHERMORE, FROM A PRACTICAL PERSPECTIVE, SYMLIFE HAD ALREADY PAID THE CONVERSION PREMIUMS FOR ITS SG LONG LANDBANK. ALSO ITS BOARD OF DIRECTORS ARE VERY EXPERIENCED IN PROPERTY DEVT AND WILL ENSURE SG LONG TO BE DEVELOPED IN STAGES TO ENSURE ITS SMOOTH PROGRESS. TAN SRI AND HIS BOARD ARE KNOWN FOR BEING PRUDENT

nemesis

3,990 posts

Posted by nemesis > 2017-03-18 11:51 | Report Abuse

Let's pray hard they won't exercise Right Issue in the future...Anyway Darren u seem very optimistic tat they gonna achieve 2 billion unbilled sales...tat is very profitable for a small cap stock like Symlife...then we should buy more bfore it takes off higher...

Posted by FAIRnREASONABLE > 2017-03-18 12:15 | Report Abuse

Apart from Union Suites@Sunway just launched, I am hopeful that the follow-up project to the sold-out TWY@Mont Kiara will be equally successful.

Mont Kiara 2, Kuala Lumpur is the 2nd phase of TWY@Mont Kiara which sits on a 2.2 acre piece of land located across Jalan Segambut from TWY@Mont Kiara. The concept will be different from TWY@Mont Kiara but will continue to include innovative features that would differentiate the product in a very mature location. The estimated GDV is about RM400 million.

darrenliew

1,032 posts

Posted by darrenliew > 2017-03-18 13:08 | Report Abuse

GRANTED THAT SG LONG LANDBANK IS HUGE. BUT THIS VALUABLE LANDBANK IS ALREADY OWNED BY SYMLIFE AND THERE IS NO NEED TO INCUR ANY HUGE COST TO BUY IT. ITS HOLDING COSTS IS VERY LOW AS ITS BOOK VALUE IS ONLY RM8 PSF. SYMLIFE IS SITTING ON A REAL GOLD MINE. IT IS IN A PRIME LOCATION BEING IN HIGHLY DEVELOPED CHERAS WHICH IS VERY NEAR TO AND EASILY ACCESSIBLE TO KL CITY CENTRE. FULLY SUPPORTED BY WIDE NETWORK OF PUBLIC TRANSPORT FACILITIES INCLUDING LRT AND MRT. THE GOVT IS ALSO BUILDING A HIGHWAY THRO IT AND THIS WILL GREATLY ENHANCE THE VALUE OFITS SG LONG LAND.

BEING BLESSED WITH SO MANY DEVELOPMENTAL ADVANTAGES, THIS TOWNSHIP WILL BE A GREAT SUCCESS. BEING HUGE SYMLIFE WILL DEVELOP IT IN STAGES TO REAP
THE FINANCIAL BENEFITS OF INCREASING SALES VALUES WITH EACH SUCCESSIVE PHASES AND IN ORDER NOT TO OVERBURDEN ITSELF FINANCIALLY. THIS WILL AVOID ANY NECESSITY FOR ANY RIGHTS ISSUE.

nemesis

3,990 posts

Posted by nemesis > 2017-03-18 13:21 | Report Abuse

Great, thanks for the precious info...Symlife will definitely outperform soon...it's unfilled sales is even higher than KSL at the moment...

Skng Keong

1,256 posts

Posted by Skng Keong > 2017-03-18 13:23 | Report Abuse

If talking about SG LONG better buy SHL ...

Skng Keong

1,256 posts

Posted by Skng Keong > 2017-03-18 13:42 | Report Abuse

I think some good part of the land r sold to YTL n taken some land by govt to build the highway. The actual land area r at Hulu Langat not SG LONG.

Skng Keong

1,256 posts

Posted by Skng Keong > 2017-03-18 14:11 | Report Abuse

Part of the land r rock, good for quarry...

Eldon Ong

158 posts

Posted by Eldon Ong > 2017-03-18 14:44 | Report Abuse

Symlife must join to this market rally train...if not may go back to its hibernating mood...

kancs3118

2,225 posts

Posted by kancs3118 > 2017-03-18 18:25 | Report Abuse

Sungai Long is near to where? Can anyone please educate me?

nemesis

3,990 posts

Posted by nemesis > 2017-03-18 19:09 | Report Abuse

It is located near to Mahkota Cheras....the land is spot on...

kancs3118

2,225 posts

Posted by kancs3118 > 2017-03-18 19:09 | Report Abuse

spot on where?

nemesis

3,990 posts

Posted by nemesis > 2017-03-18 20:05 | Report Abuse

Cause it is very near to Bandar Baru Sg Long and Tmn Seri Nanding to the North

nemesis

3,990 posts

Posted by nemesis > 2017-03-18 20:08 | Report Abuse

Tis 430 acres of land if fully developed will be the largest around tat area...Sg Long development by symlife will benefit fm the mature township surrounding in the vicinity...

CharlesT

14,945 posts

Posted by CharlesT > 2017-03-18 20:14 | Report Abuse

It may only happen in 2018 or 2019 or 2020 i think....meanwhile still a safe investment backed by rm1b+ sales...cant expect it to fly like others..anyway infact it performed quite good...up fm 0.60+ to 0.895 in 2 months time...ard 40%+...i am impressed...

nemesis

3,990 posts

Posted by nemesis > 2017-03-18 20:14 | Report Abuse

Kancs3118...U must have acquired a lot of Symlife shares huh, tat why you are so informative about Tis company...well done! My holdings in tis company is for long term at least target sell at 2.40 in the future...Symlife is set to be the next growth stock like KSL in the making...Its NTA is set to rise to 3.00 in years to come driven by its high unfilled sales...

Skng Keong

1,256 posts

Posted by Skng Keong > 2017-03-18 23:09 | Report Abuse

Y so many deveopment near by SHL SG LONG they should have TMN. name like Mahkota Cheras, Tmn. Rakan. n etc.Mudah for sale they put act to SG LONG maybe because SHL is CASH flow compang can build ready n sell, with good golf club, UTAR UNIVERSITY. I think alot of ppl know landed property 2 storey will touch a million when highway ready. More safe to buy SHL..

nemesis

3,990 posts

Posted by nemesis > 2017-03-19 01:59 | Report Abuse

Haha Why Buy SHL when it is fairly valued? Its share price is so high at 2.84...So for Symlife to double in price is so easy...BUT for SHL to reach 5.60 is totally impossible right...SHL is totally overvalued...

Skng Keong

1,256 posts

Posted by Skng Keong > 2017-03-19 08:40 | Report Abuse

Dont misunderstanding what I means. SHL is a soild company with own more than 300m in bank n alot Landbank still in hand not yet revalue or build houses. SHL build up the town name for SG LONG. SHL houses always come with value from the banks. I think alot of ppl should know SHL is a soild company not goreng company. Can sleep n eat well not even market is bad..

kancs3118

2,225 posts

Posted by kancs3118 > 2017-03-19 09:51 | Report Abuse

Skng Keong - you are right about SHL. Hahaha....SHL is a red brick developer who adopts the BTS model = builds, then sell (BTS) that many developers do not have the cash flow strength to replicate. The free cash flow finds its way as dividends to shareholders.

But one thing I don't like about SHL is that it is like a family run company. A lot of the shareholders belong to the same family. The public spread is very low. So, if you buy for dividend, it is good. But for capital appreciation, have to wait. Still, it is a safer bet than SymLife.

nemesis

3,990 posts

Posted by nemesis > 2017-03-19 10:57 | Report Abuse

I totally disagree...It is better to buy a cheaper stock which offers a lot of values n upside than a solid stock which is expensive...reason is simple...for a 0.10 Sen share to rise to 0.20 is a very simple thing, but for a 4.00 stock to double to 8.00 takes a very long time and challenges...look at all the bluechips like Maybank, genting, sime they are heavy and slow even though they are very safe bcos all the good news n public consensus already reflected in its share price as they are popular n well known...to achieve superior result, we must be able to identify a small company which is very undervalued tat offers tremendous growth ahead which is also less known among institutional investors...Symlife is such stock I m talking about...

Skng Keong

1,256 posts

Posted by Skng Keong > 2017-03-19 11:07 | Report Abuse

Remember SG LONG TOWNSHIP is build up by SHL...

Skng Keong

1,256 posts

Posted by Skng Keong > 2017-03-19 11:15 | Report Abuse

Just take some study how much Dividends yearly SHL pay out.

CharlesT

14,945 posts

Posted by CharlesT > 2017-03-19 11:20 | Report Abuse

In terms of price appreciation (year todate):shl almost zero while symlife 40%

What will b their year end performance?my vote still goes to symlife...

CharlesT

14,945 posts

Posted by CharlesT > 2017-03-19 11:22 | Report Abuse

In terms of div yield shl is 100% higher than symlife...shl is 4%+ while symlife is 2%+

So which would u prefer?

CharlesT

14,945 posts

Posted by CharlesT > 2017-03-19 11:27 | Report Abuse

Meanwhile shl's net profit margin is superb...ard 40% vs symlife (mayb ard 15%)..their land cost is pretty low..anyway need to study more on their unbilled sales,coming projects ,existing landbanks etc

kancs3118

2,225 posts

Posted by kancs3118 > 2017-03-19 11:30 | Report Abuse

for SHL...it has about 400+ acres of undeveloped land. SHL profit margin is on the high side. So, SHL has got plenty of room to grow. But if you invest in such a counter, be prepared that price appreciation is relatively capped because the public spread is relatively low. However, you can sleep soundly at night. SHL is like a family run business - a lot of the major shareholders share the same surname. I suspect they are all related. That is why dividend is very good.

For SymLife, the next hurdle is their Union Suites. Hopefully, it is a sellout like TWY.

If both Tower 3 and Union Suites is a sell out, then, unbilled sales will be around RM2B. Then, I admit - it is a new growth chapter for SymLife.

CharlesT

14,945 posts

Posted by CharlesT > 2017-03-19 11:32 | Report Abuse

Another point,penny stock is easier to goreng n return wise can b much better...solely fm goreng perspective..we see break out in symlife with higher trading vol

kancs3118

2,225 posts

Posted by kancs3118 > 2017-03-19 11:35 | Report Abuse

mmm... I don't know if SymLife is a goreng stock. But SymLife does have its fundamentals - like its unbilled sales of RM1B and its Sungai Long township. So, it does not seem to be like a penny stock.

If counters like Sumatec goes up to RM0.50, then yes - beware - it is a goreng stock.

SymLife fair value should be conservatively valued at RM1.20.

CharlesT

14,945 posts

Posted by CharlesT > 2017-03-19 11:35 | Report Abuse

Cant say its a goreng stock...just TA wise looks nice backed by solid FA

CharlesT

14,945 posts

Posted by CharlesT > 2017-03-19 11:36 | Report Abuse

Shl FA looks nice but TA...

CharlesT

14,945 posts

Posted by CharlesT > 2017-03-19 11:37 | Report Abuse

Just like u guys oredi bought symlife few years ago...u r still around n taste the sweet return but i think many oredi abandon the ship n cut loss

CharlesT

14,945 posts

Posted by CharlesT > 2017-03-19 11:39 | Report Abuse

Use momentum sounds better..dont use goreng

CharlesT

14,945 posts

Posted by CharlesT > 2017-03-19 11:42 | Report Abuse

If u can stand 2 years downtrending there is no reason u cant wait for 2 years uptrending...dont compare with desmond lim's counters

kancs3118

2,225 posts

Posted by kancs3118 > 2017-03-19 11:45 | Report Abuse

@ Charles T - this stock was once at RM1.20 (2014) and then, it drops to RM0.60 and now, it rises to RM0.80 (2017).

Hahaha....of course, those who have bought this stock way back in 2014 would have abandon ship and run away.

CharlesT

14,945 posts

Posted by CharlesT > 2017-03-19 11:57 | Report Abuse

Sometimes can see but cant make money coz timing is important

Eldon Ong

158 posts

Posted by Eldon Ong > 2017-03-19 12:00 | Report Abuse

will it become the second malton?Their NTA and PE almost the same before Malton rally....

CharlesT

14,945 posts

Posted by CharlesT > 2017-03-19 12:03 | Report Abuse

Will symlife the second malton? Well unless we hv the second desmond lim....40% return in 3 months time still not happy ah?

nemesis

3,990 posts

Posted by nemesis > 2017-03-19 12:08 | Report Abuse

Whatever it is we must have confidence on the stocks we are holding...Like Symlife when it plunged to below 0.70 I didnt sell even a single share, and I loaded more and more at cheaper price as I know one fine day Symlife will fly above 2.00 riding on its growth path...All growth stocks last time started as just small cap stock...even KSL last time started fm a humble beginning...Our job as an investor is to be able to identify its future growth story before everybody does...For SHL all of its success story, landbank n future Cashflow in already priced in its high share price...It is no more hidden!

nemesis

3,990 posts

Posted by nemesis > 2017-03-19 12:09 | Report Abuse

Just prepare for Symlife to rise above 0.90 next week...It is a SURE thing!

CharlesT

14,945 posts

Posted by CharlesT > 2017-03-19 12:13 | Report Abuse

Without sg long project:rm1 to rm1.20 to rm1.50 (mayb)
If sg long project kicks off in 2018/2019 then revise higher

nemesis

3,990 posts

Posted by nemesis > 2017-03-19 12:39 | Report Abuse

Definitely Charles...

Eldon Ong

158 posts

Posted by Eldon Ong > 2017-03-19 22:20 | Report Abuse

lets see how symlife perform by this week……

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