Highlights
KLSE: SYMLIFE (1538)       SYMPHONY LIFE BHD MAIN : Property
Last Price Today's Change   Day's Range   Trading Volume
0.57   -0.02 (3.39%)  0.57 - 0.595  725,400
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Overview

Market Cap: 360 Million
NOSH: 632 Million
Avg Volume (4 weeks):1,093,430
4 Weeks Range:0.51 - 0.645
4 Weeks Price Volatility (%):
44.44%
52 Weeks Range:0.25 - 0.74
52 Weeks Price Volatility (%):
65.31%
Average Price Target: 0.70
Price Target Upside/Downside: +0.13
Stamp duty exempted for year 2020

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2020 [#1]  |  24-Aug-2020
Next QR | Est. Ann. Date: 30-Sep-2020  |  27-Nov-2020
T4Q P/E | EY: 8.90  |  11.24%
T4Q DY | Payout %: 0.04%  |  0.27%
T4Q NAPS | P/NAPS: 1.4061  |  0.41
T4Q NP Margin | ROE: 15.36%  |  4.56%

Headlines

Date Subject
14-Oct-2020 PublicInvest Research Headlines - 14 Oct 2020
14-Oct-2020 Mplus Market Pulse - 14 Oct 2020
02-Sep-2020 Stocks on Radar - Symphony Life (1538)
20-Jun-2020 INSANE ! THIS STOCK IS ONLY TRADING AT PE RATIO 2X & 77% DISCOUNT TO ITS NTA !!!

Business Background

Symphony Life Bhd is a property developer in Malaysia. The company’s core business activities are categorised into four key segments, Property Development segment comprises property development, property management and maintenance and property marketing consultancy; Property Investment segment is involved in the property investment and property management and maintenance; Construction and Quarry Operations segment comprises construction works and quarry operations; and Other Operations comprise other investments and investment holdings. The company predominantly carries out its operations in Malaysia.
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  8 people like this.
 
saltedfish Focus Malaysia rated SYMLIFE as the Top Choice vis-à-vis PB, PE, EPS and NTA
11/04/2020 12:49 PM
saltedfish NTA 2.07, share price only 0.365. Surging to 60 sen level soon
11/04/2020 12:50 PM
thesteward Yes agree s you salted fish
14/04/2020 9:44 AM
123eztrade what about IWCITY, OCR, ECOWRLD ?
20/04/2020 1:25 PM
dxbman Strong sell
20/04/2020 1:34 PM
Lukesharewalker Even before MCO only 39 cents
22/04/2020 1:01 PM
dxbman Repeat: Strong sell
22/04/2020 1:07 PM
Michael Kwok After looking at SYMLife I put 70 over range at TP and a buy call.Dear NTA 1.65 worth 30 over cents.
https://klse.i3investor.com/blogs/fatprofitstock/2020-04-21-story-h1506050016-MY_NEXT_STOCK_AFTER_MY_FAMOUS_MINETECH.jsp
22/04/2020 3:41 PM
CharlesT this guy really so powerful ah
22/04/2020 5:02 PM
xterrorsinx Lai liao tmr I’m coming in
22/04/2020 10:12 PM
Michael Kwok After more thn 30 min on April 22,2020 its up.In support of the person on tht website as below.I no bias on anyone prediction if its right.
Michael Kwok
1761 posts
Posted by Michael Kwok > Apr 22, 2020 3:41 PM | Report Abuse X

After looking at SYMLife I put 70 over range at TP and a buy call.Dear NTA 1.65 worth 30 over cents.
https://klse.i3investor.com/blogs/fatprofitstock/2020-04-21-story-h150...
23/04/2020 12:23 AM
RedEagle 0.46?
23/04/2020 7:29 AM
Michael Kwok Please the TP is above.Only worst case scenario.Ong will mari.
23/04/2020 12:57 PM
melanie1818181818 PUMP AND DUMP detected. look at the debt!!
so many prop companies cash rich and trading below book value, why pick this one with high debt??? beware of cash call
26/04/2020 9:40 PM
Lee Kok Wee https://klse.i3investor.com/blogs/fatprofitstock/2020-04-24-story-h1506106906-MY_PROVEN_WINNING_STOCKS_AND_MY_NEXT_STOCK_IS.jsp
28/04/2020 5:11 AM
RedEagle Slowly tapau
05/05/2020 10:12 PM
melanie1818181818 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!
17/05/2020 8:57 AM
melanie1818181818 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)
17/05/2020 9:10 AM
melanie1818181818 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
17/05/2020 9:13 AM
melanie1818181818 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.
17/05/2020 11:26 AM
kancs3118 Maybe Melanie is secretly collecting while bad mouthing SymLife ...hahaha
21/05/2020 4:51 PM
IzzyRich collecting rm50k now
22/05/2020 7:15 AM
kancs3118 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 ....
27/05/2020 12:06 PM
melanie1818181818 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!!
28/05/2020 8:41 PM
nickthebest This company looks quite good. The only part I don't understand is the share price why so shitty only haha
07/06/2020 7:47 PM
Foker Highly leveraged company, good profits due to the leverage
14/06/2020 5:17 PM
Khai Zam when supposed to release QR report?any indication?
17/06/2020 10:26 AM
kancs3118 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...
19/06/2020 12:09 PM
nickcome508 thinking of go in but nice sharing kancs ya...
21/06/2020 9:48 AM
Investhor check out my write up on SYMLIFE below:

https://klse.i3investor.com/blogs/InvesthorsHammer/2020-06-20-story-h1508881278-INSANE_THIS_STOCK_IS_ONLY_TRADING_AT_PE_RATIO_2X_77_DISCOUNT_TO_ITS_NTA.jsp
21/06/2020 1:12 PM
Lukesharewalker Now we know why the price dont move. LOL
29/06/2020 7:09 PM
melanie1818181818 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
30/06/2020 10:43 PM
hafiz660330 Symlife is good counter...news coming.
24/07/2020 12:34 PM
hafiz660330 Symlife-wb still good value to buy..
24/07/2020 8:25 PM
Eldon Its warrant is going to expire soon..three months left..still good value?
28/07/2020 12:29 PM
laikasee sym phony....come to LIFE RM 1.20
28/07/2020 2:40 PM
Hotwires What is the exercise price for warrant?
05/08/2020 4:31 PM
OldWiseMan100 Post removed. Why?
12/08/2020 12:05 AM
Eldon Will shoot to 1.00 in near future
14/08/2020 12:36 PM
Michael Kwok I'm more earlier.Do there really reach 70 cents.See the charts u all know.Its do reach.

SYMLife 40 cent.
Michael Kwok
1838 posts
Posted by Michael Kwok > Apr 22, 2020 3:41 PM | Report Abuse X

After looking at SYMLife I put 70 over range at TP and a buy call.Dear NTA 1.65 worth 30 over cents.
22/08/2020 2:56 PM
Michael Kwok Its reach.Im right.A high of 70.5 cents on August with return over 60 over percents.See the chart u all know.No offense.

SYMLife 40 cent.
Michael Kwok
1838 posts
Posted by Michael Kwok > Apr 22, 2020 3:41 PM | Report Abuse X

After looking at SYMLife I put 70 over range at TP and a buy call.Dear NTA 1.65 worth 30 over cents.
22/08/2020 3:06 PM
michaellui 0.70要到了
01/09/2020 5:32 PM
Eldon New high
02/09/2020 10:32 AM
PaulChong83 Despite US market drop and overall KLSE drop, Symlife steady holding well... Next week uptrend UP!!!
05/09/2020 3:29 PM
Foker 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.
15/09/2020 10:23 PM
Foker That is why it went back up. Investors like predictable earnings. Its prime land assets is a plus
15/09/2020 10:24 PM
novice2017 any reason why it comes down so drastically? Thanks
28/09/2020 5:26 PM
yangxi collect....
30/09/2020 2:33 PM
novice2017 https://www.theedgemarkets.com/article/symphony-life-sell-six-parcels-land-ulu-langat-rm250m
14/10/2020 5:37 AM
novice2017 any target price? or special dividend?
14/10/2020 9:51 AM


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