 | Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 26, 2017 8:10 PM | Report Abuse Last time, you buy Bolton property....and now buy DymLife shares...something must intrigue you |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 26, 2017 8:09 PM | Report Abuse Hahaha, ...compare apple with apple lar.... |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 26, 2017 5:39 PM | Report Abuse It is your investment mate. Knowledge reduces risks .Risks come from not knowing what you are doing . if you invest based on hearsay, then you will be frightened when market price goes down. But if you know the value of your investment, then you will not be afraid when price decrease. |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 26, 2017 11:02 AM | Report Abuse @ SKNg Keong....nowadays, the trend is towards affordable housing....less than RM500K...this is where quality buyers emerged and bank loan very likely will get approved ....that is why I say SHL got good future ....because majority of its housing project is taylored at affordability ....but then, SymLife ...their KLCC Star project is considered safe and will be their money $$$ maker for the next 3 years....next on the chopping board is their UnionSuites. This Symlife is a high end developer ....but their recent projects such as TWY and Star is a sellout ....dunno whether they can repeat the same for Union Suites.
Please help us heng tais here...call up Union Suites sales office and share your opinion with us. |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 25, 2017 10:03 PM | Report Abuse http://www.the-ascott.com/en/ascottlimited/about-us.html |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 25, 2017 10:01 PM | Report Abuse Good news. For the Star Retail,25 units have been sold out of the 30 units. Madamme Tussuad has confirmed taking up some of the units at Star Retail. You heard that right. Madamme Tussuad of the world famous wax museum has taken up units at Star Retail and this is expected to complement the Star Walk of Fame. |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 25, 2017 9:47 PM | Report Abuse Ok...my sources confirmed to me that the service apartment operator for Tower 3 is Ascott Hotels. It is not surprising because Ascott is a subsidiary under Capita Land. Last time, CapitaLand is a party to the joint venture with SymLife and UMLand to develop Star Residences. Thereafter, CapitaLand pulls out. But now, it is back to purchase 50% of Tower 3. |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 25, 2017 9:43 PM | Report Abuse @ maxmax...I don't understand lar...can you please be more specific ? |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 25, 2017 11:56 AM | Report Abuse @ skng Keong, please downliad their annual report and look for the director ...name is Peter |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 24, 2017 10:52 PM | Report Abuse One of the director is a prominent corporate lawyer, goes by the name of Peter. I think he got all the SnP s |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 24, 2017 6:44 PM | Report Abuse @ maxmax....for Union Suites, 26% already booked ...they sudah sign SnP kah belum? Booked and sign SnP is different leb |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 24, 2017 12:45 PM | Report Abuse @ maxmax....thanks bro |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 24, 2017 7:46 AM | Report Abuse Don't just be a free rider ....contribute abit mah |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 24, 2017 7:46 AM | Report Abuse @ nooobieee, you go call and share your findings here ... |
|
| Stock: [GADANG]: GADANG HOLDINGS BHD Mar 24, 2017 7:45 AM | Report Abuse Hi OTB, how can I enrol in your course ? |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 24, 2017 6:49 AM | Report Abuse So, this weekend, who wanna volunteer become "moh Lai" to call up Union Suites sales office to enquire about sales status ? |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 23, 2017 6:29 PM | Report Abuse hehehe - RM1.20 is also my TP price - and I compute this solely based on Star project WITHOUT consideration of their other projects. |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 23, 2017 6:03 PM | Report Abuse @ Charles T, what is your TP? |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 23, 2017 5:48 PM | Report Abuse @ Tamizy; the most important thing is confirmed sales - i.e.; signed SnP and not just pay booking fees nia...
According to the sales staff, the ones who booked is about 70%, but they do expect 50% drop out rate (out of this 70% who booked). Hence, we should be looking at 30% who signed the SnP.
Even if you signed the SnP, there is a provision under the HDA that states you just need to forfeit the first 10% to cancel the house purchase. |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 23, 2017 11:33 AM | Report Abuse By the way, where the hell is Sungai Long land? Can someone please tell me....?? |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 23, 2017 11:33 AM | Report Abuse But then, next quarter, the profit for Symlife will increase again. This is mainly due to both TWY and Star Residences project will start to contribute in a very significant way. In Malaysia, property developers employ progressive billings whereby sales is matched against costs based on progressive billings - resulting in profit to be recognised during the quarter. Currently, the risks facing many high rise projects is that there is not sufficient sales. Hence, the property development costs (expenses) cannot be offset against sales - since there is insufficient sales - and therefore goes through the balance sheet as inventories. Alot of property developers may report higher and better balance sheet due to inventories (unsold houses) pile up and this will increase your NTA. However, don't be fooled by higher and better NTA. There will be a liquidity crunch because contractors and bankers need to get paid. Alot of property developers folded during 1997 Asian Financial Crisis due to cash flow or liquidity issue.
During the AGM 2016, Tan Sri Az,am Yahya has emphasised this point. Twice actually - if you attended AGM 2015 as well. It was his experience cleaning up debt laden property developers during his time at Danaharta that point to this important lesson. Even the CFO is from Danaharta which gives me sufficient assurance that the CFO is alligned to Tan Sri's thinking. To Tan Sri, cash flows is more important than profit for a property developer. That is why he is reluctant to launch a project if the project cannot achieve more than 80% sales. In other words, the project cannot turn into a positive cashflow. However, i think the real test for SymLife is not the share price this coming quarter or the next. It is the upcoming Union Suites RM400M GDV.
For Union Suites, management has reiterated over and over again that they are confident they can successfully sell at least 80%. The proof in the pudding is in the eating. If i do not hold any SymLife shares, i will definitely stand at the sideline wating for Union Suites. Just spend a weekend visiting their sales gallery will confirm the sales status for Union Suites. Hopefully, SymLife can sell more than 80% of Union Suites (and i think they probably will - given Tan Sri's stand). I do not doubt Tam Sri's ability because one of the projects - Desiran Bayu- is actually a BTS. The project is a huge sell out - i think they have sold about 90% of Desiran Bayu in a very tough market last 2 years. Another project was TWY - also a huge sellout in a tough market.
The reason why i favour SHL is because they are a proven developer - compared to SymLife - who employs BTS. If i can choose all over again, i will definitely invest in SHL because at the current low price (lowest for the whole year), the price is a hedge against unforeseen risk. But if you have bought SymLife at RM0.70, then there is nothing to worry :-) About SHL being expensive, expensive is a relative term. I think the correct answer is whether SHL is undervalued at this price. If yes, then it is a steal. |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 23, 2017 11:14 AM | Report Abuse Actually, if i can choose again, i will invest in SHL. Seriously !!
By the way, Sungai Long land is just slightly more than 300+ acres. Not 600+ acres. Don't forget - they dispose the 300+ acres to pay for conversion fees from quarry land to residential land. |
|
| Stock: [GADANG]: GADANG HOLDINGS BHD Mar 23, 2017 8:01 AM | Report Abuse Gadang will drop ... |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 23, 2017 7:56 AM | Report Abuse @ Darren Liew, actually where is Symlife Sungai Long land ?Is it considered strategic location ? |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 22, 2017 6:07 PM | Report Abuse Next quarter results will be extremely good for Symlife...then, it jwll break RM0.90/ |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 22, 2017 4:27 PM | Report Abuse Hahaha...nooobieee is screaming chicken little |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 22, 2017 2:02 PM | Report Abuse this counter gonna drop |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 21, 2017 6:57 AM | Report Abuse This article is old news. But then, Symlife has followed through with whatever plans it had laid out before the nediia.
https://www.sumhouse.com.my/index.php?option=com_content&view=article&id=3715&catid=296&Itemid=97 |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 21, 2017 6:53 AM | Report Abuse Symlife is currently building their corporate HQ at Jalan Semangat. |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 19, 2017 11:45 AM | 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. |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 19, 2017 11:35 AM | 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. |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 19, 2017 11:30 AM | 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. |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 19, 2017 9:51 AM | 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. |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 18, 2017 7:09 PM | Report Abuse spot on where? |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 18, 2017 6:25 PM | Report Abuse Sungai Long is near to where? Can anyone please educate me? |
|
| Stock: [GADANG]: GADANG HOLDINGS BHD Mar 17, 2017 5:49 PM | Report Abuse @ Ricky Kiat...when is the re-rating? |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 17, 2017 2:16 PM | Report Abuse come on---- break RM0.90 |
|
| Stock: [GADANG]: GADANG HOLDINGS BHD Mar 16, 2017 9:30 PM | Report Abuse Upcoming projects in the future
Cyberjaya Hospital project ....this is sure confirmed because The Star newspaper also pointed out that this is highly likely to be one of the project wins
Maybe one of the LRT3 package
Maybe the last remaining package for MRT |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 16, 2017 3:59 PM | Report Abuse SYMLife - no more steam |
|
| Stock: [GADANG]: GADANG HOLDINGS BHD Mar 16, 2017 3:59 PM | Report Abuse woo hoo....breaking the sound barrier |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 16, 2017 9:56 AM | Report Abuse @ maxmax....you sure boh...? |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 16, 2017 7:53 AM | Report Abuse Problem with Malton is that they will not retain the shopping mall within Malton to collect collect he recurring income. Very likely the shopping mall will be injected into Pavillion REIT at terms favourable to Pavillion REIT. Just look at what happen to Damein at USJ . |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 16, 2017 7:52 AM | Report Abuse Current unbilled sales RM1B + remaining of Tower 2 + Tower 3 + Union Suites : RM2B for 2017 |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 16, 2017 7:49 AM | Report Abuse Hehehe....if Union Suites can achieve 90% sales, then unbilled sales will swelled to RM2B ! |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 15, 2017 9:20 PM | Report Abuse @ Azlan88, please call up Star Residences sales gallery and share your findings here.. :-)
looking forward for your good news...:-) |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 15, 2017 6:36 PM | Report Abuse rise - you stupid SymLife |
|
| Stock: [GADANG]: GADANG HOLDINGS BHD Mar 15, 2017 6:35 PM | Report Abuse rise ---- you stupid Gadang ! |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 15, 2017 8:01 AM | Report Abuse Star Retail :buy and leaseback for a period of 3 to 5 years to ensure Symlife has the control over managing of Star Retail
The Wharf: from The Edge, it us meant to be an investment property |
|
| Stock: [SYMLIFE]: SYMPHONY LIFE BHD Mar 14, 2017 11:14 PM | Report Abuse Aiyoh azlan88, you are a smart man. Please call the Star Residences sales gallery office to enquire about Tower 3 and the Star Retail.
This is what I know from my cold call to the sales office :
(1): Tower 2 is already 80% sold,
(2): Tower 3 is already 50% sold via an agreement with Esort Hotel. .maybe I got the spelling wrong but heck, all I care is about the sales figure,
(3): Star retail managed to root in a new tenant of internal prestige (Madam Tussuad, if i am not mistaken) will take about 10 shop lots...
Please share your findings. The sales office is opened over the weekend . |
|
| Stock: [GADANG]: GADANG HOLDINGS BHD Mar 14, 2017 6:13 PM | Report Abuse currently, looking forward to
- cyberjaya hospital project win, and
- if possible, MRT2 (last remaining package) + LRT. |
|
