Highlights
KLSE : SYMLIFE       SYMPHONY LIFE BERHAD
Last Price Today's Change   Day's Range   Trading Volume
0.84   -0.01 (1.18%)  0.835 - 0.85  32,000

Change in Shareholding (Director)

Date Name Remark
02/12/2013 Wing Kwong @ Chan Wing Kwong Disposed in the open market
12/11/2013 Dato' Robert Teo Keng Tuan 1) The 500,000 free warrants were issued to him by Symphony Life Berhad (formerly known as Bolton Berhad) as Director of the Company. 2) Deemed interested by virtue of Section 6A of the Companies Act, 1965 for 2,756 warrants held by BHP Corp. Sdn. Bhd.
12/11/2013 Wing Kwong @ Chan Wing Kwong 1) The 720,053 warrants were issued by Symphony Life Berhad (formerly known as Bolton Berhad) ("SymLife") on the basis of one (1) warrant for every four (4) existing ordinary shares of RM1.00 each held in SymLife by the entitled shareholders on 7 November 2013, which includes 500,000 free warrants issued to him as Director of SymLife. 2) Deemed interested by virtue of Section 134(12)(c) of the Companies Act, 1965 for 30,236 warrants held by his spouse.
12/11/2013 Chin Jit Pyng 1) The 3,642,567 warrants were issued by Symphony Life Berhad (formerly known as Bolton Berhad) ("SymLife") on the basis of one (1) warrant for every four (4) existing ordinary shares of RM1.00 each held in SymLife by the entitled shareholders on 7 November 2013, which includes 500,000 free warrants issued to him as Director of SymLife. 2) Deemed interested by virtue of Section 6A of the Companies Act, 1965 for 2,205,000 warrants held by Billion Inspiration Sdn. Bhd.
12/11/2013 Tan Sri Mohamed Azman bin Yahya 1) The 17,178,749 warrants were issued by Symphony Life Berhad (formerly known as Bolton Berhad) ("SymLife") on the basis of one (1) warrant for every four (4) existing ordinary shares of RM1.00 each held in SymLife by the entitled shareholders on 7 November 2013, which includes 15,000,000 free warrants issued to him as Director of SymLife. 2) Deemed interested by virtue of Section 6A of the Companies Act, 1965 for 15,041,250 warrants held by Gajahrimau Capital Sdn. Bhd.
12/11/2013 Tan Sri Nik Mohamed bin Nik Yaacob The 500,000 free warrants were issued to him by Symphony Life Berhad (formerly known as Bolton Berhad) as Director of the Company.
12/11/2013 Lee Siew Choong The 500,000 free warrants were issued to him by Symphony Life Berhad (formerly known as Bolton Berhad) as Director of the Company.
30/10/2013 Tan Sri Mohamed Azman bin Yahya Distribution of share dividend on the basis of one (1) treasury share for every twenty (20) ordinary shares of RM1.00 each held in the Company.
30/10/2013 Chin Jit Pyng Distribution of share dividend on the basis of one (1) treasury share for every twenty (20) ordinary shares of RM1.00 each held in the Company.
30/10/2013 Wing Kwong @ Chan Wing Kwong Distribution of share dividend on the basis of one (1) treasury share for every twenty (20) ordinary shares of RM1.00 each held in the Company.
30/10/2013 Dato' Robert Teo Keng Tuan Distribution of share dividend on the basis of one (1) treasury share for every twenty (20) ordinary shares of RM1.00 each held in the Company.
31/07/2013 Tan Sri Mohamed Azman bin Yahya Acquired through open market
30/07/2013 Tan Sri Mohamed Azman bin Yahya Acquired through open market
29/07/2013 Tan Sri Mohamed Azman bin Yahya Acquired through open market
15/07/2013 Wing Kwong @ Chan Wing Kwong Disposed in the open market
23/07/2012 Chin Jit Pyng Distribution of share dividend on the basis of one (1) treasury share for every twenty (20) ordinary shares of RM1.00 each held in the Company.
23/07/2012 Wing Kwong @ Chan Wing Kwong Distribution of share dividend on the basis of one (1) treasury share for every twenty (20) ordinary shares of RM1.00 each held in the Company.
23/07/2012 Dato' Robert Teo Keng Tuan Distribution of share dividend on the basis of one (1) treasury share for every twenty (20) ordinary shares of RM1.00 each held in the Company.
23/07/2012 Tan Sri Mohamed Azman bin Yahya Distribution of share dividend on the basis of one (1) treasury share for every twenty (20) ordinary shares of RM1.00 each held in the Company.
02/07/2012 Wing Kwong @ Chan Wing Kwong Acquired in the open market
11/10/2011 Chin Jit Pyng Acquired in the open market
29/09/2011 Wing Kwong @ Chan Wing Kwong Acquired in the open market
28/09/2011 Wing Kwong @ Chan Wing Kwong Acquired in the open market
07/07/2011 Chin Jit Pyng Acquired via direct business transaction
06/07/2011 Wing Kwong @ Chan Wing Kwong Acquired via direct business transaction
06/07/2011 Datuk Mohamed Azman bin Yahya Acquired via direct business transaction
27/06/2011 Wing Kwong @ Chan Wing Kwong Acquired in the open market
18/04/2011 Datuk Mohamed Azman bin Yahya Acquired in the open market
22/07/2010 Wing Kwong @ Chan Wing Kwong Disposed in the open market
29/06/2010 Wing Kwong @ Chan Wing Kwong Acquired in the open market
20/04/2010 Wing Kwong @ Chan Wing Kwong Acquired in the open market
19/03/2010 Wing Kwong @ Chan Wing Kwong Acquired in the open market
10/03/2010 Wing Kwong @ Chan Wing Kwong Acquired in the open market
06/03/2009 Dato' Mohamed Azman bin Yahya Acquired via direct business transaction
10/02/2009 Wing Kwong @ Chan Wing Kwong Acquired through open market
15/07/2008 Wing Kwong @ Chan Wing Kwong Acquired through open market
02/07/2008 Wing Kwong @ Chan Wing Kwong Acquired through open market
30/06/2008 Wing Kwong @ Chan Wing Kwong Acquired through open market
24/06/2008 Wing Kwong @ Chan Wing Kwong Acquired through open market
18/03/2008 Wing Kwong @ Chan Wing Kwong Acquired through open market
11/03/2008 Wing Kwong @ Chan Wing Kwong Acquired through open market
05/03/2008 Wing Kwong @ Chan Wing Kwong Acquired through open market
29/01/2008 Wing Kwong @ Chan Wing Kwong Disposed through open market
24/01/2008 Wing Kwong @ Chan Wing Kwong Disposed in the open market
28/09/2007 Dato' Mohamed Azman bin Yahya Direct business transactions through stockbroker
20/07/2007 Dato' Mohamed Azman bin Yahya Direct business transaction through a stockbroker.
18/04/2007 Lim Yen Haat Disposed in the open market
27/03/2007 Lim Yen Haat Disposed in the open market
15/03/2007 Tan Sri Dato' Lim Yan Hai Direct deals through stockbrokers
15/03/2007 Dato' Mohamed Azman bin Yahya 400,000 shares purchased through open market and balance purchases via direct business transactions

  5 people like this.
 
kancs3118 @ Darren Liew, the Sungai Long land is only at 412 acres according to the latest 2014 Annual Report.
Anyway, how big is a water treatment plant (in terms of acreage)?
I don't think the state government will resort to land grab.
SymLife maybe compensated via cash (tag to market price ~ maybe discount abit to give face to Selangor state government) or land swaps.
21/05/2015 10:19
kancs3118 SymLife is quite steady - overall KLCI drops - but then, still holding ground at RM0.84 to RM0.85...
21/05/2015 19:46
darrenliew kancs3118 The fact is that Symlife is very strongly backed by tangible assets in the form of its valuable and sizeable landbank. Its audited NTA is already 2.10. Some estimated its RNAV @ RM9.00 per share if its landbank is revalued benchmarked against recent land transactions in areas where Symlife owns significant acreages. Most importantly Symlfe's Directors are competently and diligently unlocking the value of its landbank by developing it, thus creating value for its shareholders. It had already successfully launched 7 high value projects the last 2 years and has another 3 in the pipeline. To all these will soon be added its next big one at Sg Long (now that the Water Restructuring Master Plan especially Langat2 is going to be implemented within 2 months, thus clearing the way for development of Sg Long).
U directed me to gather more info on Symlife from James70. One particular comment from there impressed me deeply " those who invest in Symlife shares will be rewarded with a very tidy profit". Many thanks kancs3118.
21/05/2015 21:55
kancs3118 @ Darren Liew, well... Buying at this price RMO.85 will give you a huge a margin of safety. Despite what is being said here, the future brings with it an element of uncertainty and this margin of safety will mitigate this risk.
22/05/2015 08:07
darrenliew FULLY AGREED THAT WHILE LOOKING FOR SHARES WITH GOOD INVESTMENT RETURNS LIKE CAPITAL GAINS, DIVIDEND YIELDS, RISK MANAGEMENT ESPCIALLY ITS SAFETY MARGIN IS ALSO IMPORTANT IN THE PRESERVATION OF OUR CAPITAL FUNDS
22/05/2015 10:13
azlan88 Yes I know Star Residence is JV with UMLand, which provides lifeline from them. Next launches such as 51G Residences also focus on luxury condominium. High working capital has to be deployed for this project while market is going for affordable houses.

Hopefully the Wharf, TWY and Elevia Residences can provide some support. The also will launch a mall at the Wharf.
22/05/2015 20:12
kancs3118 seems like bad market timing from SymLife...focusing on high end segment whilst the whole market now is focusing on affordable housing...but in their latest quarterly reports, they are saying they are going to shift to affordable housing - but until now, batang hidung pun tak nampak?
23/05/2015 08:09
darrenliew LOOKING FROM A POSITIVE PERSPECTIVE, SYMLIFE'S BUSINESS PROSPECTS SHOULD BE OK. THEY HAD THE FORTUNE OF GOOD TIMING FOR HAVING SUCCESSFULLY LAUNCHED ITS 7 HIGH END PROJECTS CATERING FOR THE PREMIUM MARKET SEGMENT BEFORE THE SOFTER SENTIMENTS SETS IN. THE HIGH TAKE UP RATES IN ALL THESE ONGOING PROJECTS WILL PROVIDE SUPPORT IN TERMS OF GDV, PROFITABILITY AND CASH FLOWS.

SYMLIFE IS ALSO LIKELY TO CONTINUE IN ITS FORTUITIOUS PATH. kancs3118 said "in their last quarterly report, they are going to shift to affordable housing". I THINK SYMLIFE'S
DIRECTORS ACTUALLY HAVE GOOD FORESIGHT AND BUSINESS ACUMEN. THEY HAD CORRECTLY FORESEEN THE LIKELY CHANGE IN THE FUTURE OF PROPERTY DEVELOPMENT IN THE NEXT FEW YEARS AND ARE ACTUALLY PREPARING FOR THE SHIFT TO AFFORDABLE HOUSING TO STRENTHEN THEIR BUSINESS FUNDAMENTALS. THEY ALSO HAVE THE LUCKY BREAK FROM THE JUST ANNOUNCED 60 DAYS FEDERAL/SELANGOR STATE GOVT COMPLETION TIMELINE FOR THE "WATER RESTRUCTURING FOR SELANGOR". SYMLIFE'S SG LONG'S RM8B GDV PROJECT IN ITS 412 ACRES WAS HELD BACK BYTHE NEED OF THE STATE GOVT TO ACQUIRE PART OF SG LONG'S LAND FOR THE LANGAT2 WATER PLANT AND THE PROPOSED NEW HIGHWAY THERE. SYMLIFE CAN NOW PROCEED AND ITS 412 ACRES IS HUGE AND THIS IS WHERE SYMLIFE CAN NOW "shift to its preplanned affordable housing there.Its 412 acres is big and therefore able to accomodate it in its mixed housing strategy. SG LONG'S LOCATION IN THE KAJANG/CHERAS DISTRICTS (NON PRIME AS IN ITS KLCC, MONT KIARA) IS ALSO SUITABLE FOR AFFORDABLE HOUSING. SYMLIFE ALSO HAS THE HUGE COST ADVANTAGE IN THAT IT OWNS SG LONG LAND AT VERY VERY LOW COSTS ( INHERITED FROM ITS PREDECESSOR'S TIME (BOLTON). HENCE WILL STILL HAVE A COMFORTABLE PROFIT MARGIN
23/05/2015 09:50
kancs3118 @ Darren Liew... We need to differentiate between facts versus opinion...
Facts = based on verifiable information such as annual report / market price of land...
Opinions = deriving a conclusion based on facts

It is a fact that in the chairman message in last year annual report by Datuk Azman Yahya that he mentioned the property market is getting soft. He add that the market is expected to return to normal during 2015...but in fact...it does not.

Now, in the latest quarterly report, it was mentioned they are looking to build affordable housing. The question is that whether Symlife is capable to add one more affordable housing project to its list? there are already 7 projects in the works now and 3 upcoming projects in the pipeline. All these 10 projects are focussed on the high end segment - the segment that is hardly hit by this property market slowdown. Hence, my opinion is that datuk misread the market.

He tried to change course but it is a bit too late... He tries to focus on affordable housing but then his plate is full because he got 10 projects already.....
23/05/2015 16:13
kancs3118 Hopefully, you are able to correct me on the above...
23/05/2015 16:15


 

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