SYMPHONY LIFE BERHAD

KLSE (MYR): SYMLIFE (1538)

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Last Price

0.24

Today's Change

0.00 (0.00%)

Day's Change

0.215 - 0.24

Trading Volume

10,000


8 people like this.

4,341 comment(s). Last comment by Michael Kwok 1 week ago

RedEagle

3,194 posts

Posted by RedEagle > 2020-05-05 22:12 | Report Abuse

Slowly tapau

Posted by melanie1818181818 > 2020-05-17 08:57 | Report Abuse

buy shares when you don't know how to look at the accounts? facepalm..
look at the short and long term debts, and the cash flow
what do you think of the impact of mco and ban on incoming travelers on cash flow?
even mm2h residents cannot return, how to replenish the unbilled sales for the high end properties?
no construction progress means no cash flow during the mco, cost and overhead remains high, possible to replenish unbilled sales? other prop companies make virtual tours (at least something although it may not work well), symlife? doing nothing?
can the cash covers the cost and overhead for at least one or two quarters? with the bad economic environment post mco, is it possible to generate sales?
if nothing works out, how to raise cash? borrow? private placement? rights issue?
many others asset or cash rich prop companies can easily survive zero revenue, high cost and overhead times, but symlife... difficult!

Posted by melanie1818181818 > 2020-05-17 09:10 | Report Abuse

don't be silly to look at the pb, nta (almost every prop companies trading at historic low nta and pb although they are backed by high assets and NET CASH)
don't be silly to look at eps, pe (it means nothing because it doesn't reflect the future)
look at the cash flow and overhead, and possible means to raise cash (it is bleak for symlife, don't even bother to do a cashflow analysis, waste of time)

Posted by melanie1818181818 > 2020-05-17 09:13 | Report Abuse

epf is aggressively selling down property counters because values has emerged in many other sectors, especially blue chips with better recovery prospects
even those property counters sold down by epf has better values than symlife

Posted by melanie1818181818 > 2020-05-17 11:26 | Report Abuse

recent push up from 0.2x to 0.4x is simply based on speculations ignited by PUMP AND DUMP syndicates. outlook of the company has been deteriorating even before the pandemic. the management has a hand in destroying the values (1) terribly stubborn on going against the tide of property trend, keep insisting on high-end property instead of switching to affordable, (2) did a rights issue and used part of the proceeds to pay dividend (terrible mistake, cannot fathom why), (3) overexpansion relying on heavy borrowings, (4) oversight in appointing the wrong contractor for twy, these costly mistakes contribute to the terrible predicament today

briefly checked the numbers, cost of business at least 70m a quarter, cash balance 47m, short-term debt 140m, long term debt 300m, debt to equity ratio ~0.50 (high for a small cap) possible to increase borrowing? if not, be prepared for another cash call

unbilled sales dropped from 1b to 495m (unable to replenish sales even before pandemic), twy gdv is about 500m, delayed and only started to progress in the past two quarters, so current unbilled sales is mainly from union and twy. in other words, sales from star residences (main profit generator for the past few quarters) has also ground to a halt. so, mco stopping all construction progress is gonna terribly affect the cash flow and forward pe because there are no revenue from progressive billings.

kancs3118

2,228 posts

Posted by kancs3118 > 2020-05-21 16:51 | Report Abuse

Maybe Melanie is secretly collecting while bad mouthing SymLife ...hahaha

IzzyRich

91 posts

Posted by IzzyRich > 2020-05-22 07:15 | Report Abuse

collecting rm50k now

kancs3118

2,228 posts

Posted by kancs3118 > 2020-05-27 12:06 | Report Abuse

SymLife is a good company ..comes 2021, when Star Residence project OC , then we will see the repatriation of dividend from Alpine Return .... The investment in JV company of close to RM300M in the balance sheet will be converted to cash and be used to pare down their debt taken for Symphony Square.

However, fingers crossed....hopefully, they don't over commit for their Lembah Ledang project ....

Posted by melanie1818181818 > 2020-05-28 20:41 | Report Abuse

Collect? No way!! There are so many better options out there. Don’t be blinded by emotions. Be honest to yourself, the book looks good? Recovery prospects look good? Any better options out there? Do not fall in love with a stock!!

Posted by nickthebest > 2020-06-07 19:47 | Report Abuse

This company looks quite good. The only part I don't understand is the share price why so shitty only haha

Foker

1,406 posts

Posted by Foker > 2020-06-14 17:17 | Report Abuse

Highly leveraged company, good profits due to the leverage

Khai Zam

420 posts

Posted by Khai Zam > 2020-06-17 10:26 | Report Abuse

when supposed to release QR report?any indication?

kancs3118

2,228 posts

Posted by kancs3118 > 2020-06-19 12:09 | Report Abuse

I think the reason why this counter is dead in the water despite an impending record breaking quarter is because investors will not easily forget what tan Sri did on the share price.

Last time, the share price was hovering at about RM0.60 to RM0.80 range...then, Tan Sri purposely priced the rights at RM0.36 and many shareholders who don't have the means to take up the rights are caught...

Posted by nickcome508 > 2020-06-21 09:48 | Report Abuse

thinking of go in but nice sharing kancs ya...

Posted by Lukesharewalker > 2020-06-29 19:09 | Report Abuse

Now we know why the price dont move. LOL

Posted by melanie1818181818 > 2020-06-30 22:43 | Report Abuse

Ad warned, reality should knock some sense into sweet dreams of die-hard supporters. Told ya sales are drying up, especially after contributions from Star 1 and 2 have been mostly realized and Star 3 sales hit the wall, expect next quarter to be much worse with the halt of all construction activities. With almost nil revenue from progressive billings and cost of business around 70m, expect loss of 60m to 80m for next quarter

Posted by hafiz660330 > 2020-07-24 12:34 | Report Abuse

Symlife is good counter...news coming.

Posted by hafiz660330 > 2020-07-24 20:25 | Report Abuse

Symlife-wb still good value to buy..

Eldon

434 posts

Posted by Eldon > 2020-07-28 12:29 | Report Abuse

Its warrant is going to expire soon..three months left..still good value?

Posted by laikasee > 2020-07-28 14:40 | Report Abuse

sym phony....come to LIFE RM 1.20

Hotwires

225 posts

Posted by Hotwires > 2020-08-05 16:31 | Report Abuse

What is the exercise price for warrant?

Posted by OldWiseMan100 > 2020-08-12 00:05 |

Post removed.Why?

Eldon

434 posts

Posted by Eldon > 2020-08-14 12:36 | Report Abuse

Will shoot to 1.00 in near future

Michael Kwok

6,448 posts

Posted by Michael Kwok > 2020-08-22 14:56 |

Post removed.Why?

Michael Kwok

6,448 posts

Posted by Michael Kwok > 2020-08-22 15:06 |

Post removed.Why?

Posted by michaellui > 2020-09-01 17:32 | Report Abuse

0.70要到了

Eldon

434 posts

Posted by Eldon > 2020-09-02 10:32 | Report Abuse

New high

Posted by PaulChong83 > 2020-09-05 15:29 | Report Abuse

Despite US market drop and overall KLSE drop, Symlife steady holding well... Next week uptrend UP!!!

Foker

1,406 posts

Posted by Foker > 2020-09-15 22:23 | Report Abuse

Symlife is not making money from property devekopment. Almost its entire earnings come from its office rental business. Which is more stable than property development currently.

Foker

1,406 posts

Posted by Foker > 2020-09-15 22:24 | Report Abuse

That is why it went back up. Investors like predictable earnings. Its prime land assets is a plus

novice2017

152 posts

Posted by novice2017 > 2020-09-28 17:26 | Report Abuse

any reason why it comes down so drastically? Thanks

novice2017

152 posts

Posted by novice2017 > 2020-10-14 09:51 | Report Abuse

any target price? or special dividend?

Invest_888

1,067 posts

Posted by Invest_888 > 2020-12-14 11:43 | Report Abuse

Property counters start attracting buyers. Notice this stock with good latest quarterly earning=4.04cents per share. Moreover high NTA= RM1.58 and ongoing selling of 6 parcles of land.
Super cheap 58cents per share now.

Invest_888

1,067 posts

Posted by Invest_888 > 2020-12-15 08:51 | Report Abuse

Show sign of accumulation.

CHG2651

174 posts

Posted by CHG2651 > 2021-01-07 21:05 | Report Abuse

Sleep counter . Now keep drop

KY1777

64 posts

Posted by KY1777 > 2021-01-08 15:38 | Report Abuse

con man counter

Invest_888

1,067 posts

Posted by Invest_888 > 2021-02-08 15:56 | Report Abuse

Weird stock. Still see sign of accumulation but the price is dropping.

volks2

1,116 posts

Posted by volks2 > 2021-02-23 10:57 | Report Abuse

something is brewing...70 cents coming soon

Superb99

6,604 posts

Posted by Superb99 > 2021-02-25 13:10 | Report Abuse

Good nta and profit but price is low...now slightly better

Posted by wahidpenang > 2021-02-27 04:50 | Report Abuse

Some big announcements coming

Superb99

6,604 posts

Posted by Superb99 > 2021-02-27 10:50 | Report Abuse

Property industry is sleeping now...susah

Posted by JanganHenti > 2021-03-01 19:05 | Report Abuse

TP 80sen.
Go go go!

swagger855

1,169 posts

Posted by swagger855 > 2021-03-10 00:02 | Report Abuse

simp life

RRWin89

503 posts

Posted by RRWin89 > 2021-03-15 12:20 | Report Abuse

today will be red, before climb again. sooooo... brace for impact. but dont run. hehe

Posted by JanganHenti > 2021-03-15 14:00 | Report Abuse

Why will be red?

messi

1,915 posts

Posted by messi > 2021-03-15 17:00 | Report Abuse

Mana ada red? Today Bullish Marubuzo candlestick lo......continue up tomorrow morning

Posted by wahidpenang > 2021-03-16 07:50 | Report Abuse

Selective capital repayment on the card from major shareholder Gajahrimau Capital and AY at $1.25 oh

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