Bought some..........nice stock to have

Close at 9sen..not bad

7.5sen closing price

Got some after selling off Bright......

close at 52.5sen..well done

On Board....

Ya time to buy more ...forward PE is kinda cheap at 5x for cash rich company..Moreover low oil price favoured AWC since they engaged with transportation sector ..

Hi Logitrader......I think your computation of PE at 30X plus is way out..

Notice of Interest Sub. S-hldr (29A) ...aka emerging of a new 5% shareholding........

Total no of securities after change (units)12,000,000 Direct (%)5.32

Choose an investing method suits u most ...and calls it your own secret recipe of success rather than blaming the whole world for your own failures

Well, it is your money concerned most...and I do make good money from Marco too...though many consider it as rubbish stock..

Well, I do personally make some good money from Bones' recommendations, my question is Do u make good money each time AN IB gives u a Buy Call...? haha I do stick with IB stock recommendations too....I would say it is my faults to follow them lah....Bravo Bones,,,keep up all the nice works....and thanks a lot for helping me to make more good money..

Symphony Life Bhd is set to achieve at least RM2 billion in property sales by 2018, according to Executive Chairman Tan Sri Azman Yahya.

Azman said Symphony Life, formerly known as Bolton Bhd, saw good demand for its RM2.5 bilion worth of real estate launches.

"Although the market had seen signs of softening over the past 12 months, we had launched projects with total gross development value (GDV) of RM2.5 billion with excellent take up rates," Azman Yahya told reporters after Symphony Life's annual general meeting here today.

He said Symphony Life was confident that the market would return to a steady pace next year.

Azman said the company was well positioned to capitalise on opportunities in the property market.

"Furthermore, the Bank Negara Malaysia is taking some measures in promoting a stable and sustainable property market.

"With projects having estimated total GDV of almost RM4 billion to be launched within the next five to seven years, we are well poised to take advatage of any upturn in the property market," he said.

Symphony Life's freehold Star Residences, TWY Mont Kiara, Signal Hill, and Shah Alam U10
are among projects in the launch pipeline.

He also said Symphony Life was actively looking to add to its land bank for future development.

On its township development in Sungai Long within Selangor's Kajang district, Azman said the development of the land would not be taking place anytime soon.

He said this was due to the Selangor state government's plan to acquire part of the land for the Langat 2 project and a proposed new highway.

"The amount of land that will be acquired has yet to be finalised. We hope we could get a certainty by end of the year."

According to the company preliminary projection, the 168 ha (420 acre) Sungai Long development may carry a GDV of RM8 billion.

All in, MIDF Research said, pending further clarity from outcome of the petitions of local steel mills which have submitted their petitions to Ministry of International Trade and Industry (Miti) for trade remedies against the dumping of steel products which have impact profit margins, it maintained its forecast of Lion Industries for FY15.



“Equally, potential trade measures that could be imposed on both long and flat products in Malaysia could help level the playing field against the dumping of cheap Chinese steel imports,” it added.

Posted on September 1, 2014, Monday

Steel dumping


Published: August 30, 2014; Last modified: August 30, 2014 11:30PM

NORTH America has plenty of reason to celebrate...........

The U.S. International Trade Commission recently approved a request to impose tariffs on steel imported from six countries accused of unfairly undercutting American competitors. Called “steel dumping,” the process involves foreign producers using government subsidies from their own countries to import and sell steel in the United States for below-market prices. - See more at: http://www.chieftain.com/opinion/2854244-1...s.0yfcOo2R.dpuf

- See more at: http://www.chieftain.com/opinion/2854244-1...h.pxGAEZDs.dpuf

Symlife , I believe is walking the paths of Huayang and Tambun ( I bought before ) ...but at a much discounted price ...

Ya 8.2sen gain should be reflected in coming Q aka 2nd Q......

I remember I bought Takaful at rm 2.20.....and OSK started to write about it when it hit rm 5.....so not my fault actually

I was informed privately at rm 1.90......when the IB wants to come out reports I do not know..maybe Azman is not keen to see them ...for the report. They do have a long list of people to see each month..

Nice updates Ali Baba, thanks a lot ..bear in mind share price is less than 50% of book value...so attractive...with low pe

Apart from these projects, the developer is in the process of converting 625 acres of quarry land in Sungai Long to residential land. "We are converting our quarry land in phases to 99-year leasehold, to develop a new township. That works nicely for us because the new Middle Ring Road 2 (MRR2) will cut across our land," Azman says. "We are doing the planning now and hopefully can get the first phase out probably sometime next year." The estimated GDV for this township is RM6 billion. Edge

This story first appeared in The Edge weekly edition of Jun10-16, 2013.

Hi guys, Symlife still holds 625 acres in Sg LOng as mentioned in their website...and Azman mentioned the same in Edge 6/03...how come it becomes 419acres....The sale of land to ytl was way back in Jan 2013...Did.t Azman know about it when he said they have 625 acres there..do in their website.....

Time to buy in more.........

anyway sharks strong present noted...

Thanks u would notice the share price is about 50% of book value of 2.55.....and with undervalued assets some more.....kinda turnaround for better futures like import duty for steels etc.....

It is better to unblog than to blog, ......so I can set my mind to make more money in low profile......my way

1.06 to 1.09 BTW
Why people said to me Marco is a sunset ind when I bought at 15.5sen , but all rush in to buy Marco this week ....where is the logic

Anyway I sold off Marco bought at 15.5sen and park here...

I believe there would be a Steel play somewhere in the near future.....collected some this week...

KUALA LUMPUR (Aug 19): Moody's Investors Service has revised its outlook on the Asian steel industry to stable from negative.

Ya Symlife is like Huayang or Tambun ....taking care of small investors...that is why more and more ikan bilis like them.......the real rewards for holding these types of shares..........

One IB gives internal valuation aka fair value of rm 1.90........

Maybe, on its journey to become another Tambun......or Huayang

Not bad , big ang pao coming the way.........

Some insiders may not want the stock to move before they collect enough......for those who invested in L & G about a year ago know what I mean......

lands look all the same , but some parts are with bones ( rocks ) and some are really the meats......

End results...near zero debts, locked in profits , and still having better quality of lands like the one in Sg Long of 625 acres......

It is good idea to sell off a little bit of land or joint ventures so to stay zero debts ..could be Azman intention plus to lock some profits of 70m or so...plus cash of rm 130m.....haha if u sum up these two , almost equal to the price of lands they bought in Sg Long

Guys, these are the planned projects in hand, but this year Symlife may go for 1GDV or so....

Symphony Life coming up mega projects will be looking at
- 625 acres mixed township development in Sungai Long with RM6b GDV (With New MRR2 access)
- Signal Hill, Kota Kinabalu with a GDV of RM 520m
- Star Residence, high end mixed development project between Jalan Mayang and Jalan Yap Kwan Seng for a GDV of RM2b
- 51G at Jalan Gurney, Kuala Lumpur for a GDV of RM 360m
- Taman Desiran Bayu at Wangsa Maju for a GDV of RM100m

BTW Marco gets a new CEO formerly from Padini..........

I believe some local funds would come in to sapu later

The ways warrant is pushed up and no insiders is selling, Symlife is likely to hit rm 1.70 in the future...

With 4sen Dividends, it should be able to attract some buying from the local funds, esp through Azman's connections.

Ya bought some to hold.......for rm 1.85

Ya, enjoying nice paper profit even before the big goreng about to come

Koi Koh, noted with thanks......

No poor investors around if u can just base on History alone...

Fatjim. what FA data u have in hands to share ?

I mean 50m paid up land ....not capital

Justin, u are right ..Marco is among the most cash rich of Robert Tan co...And if u look at Marco business model, 100m paid up is making up of 50M cash n about 50m paid up capital......meaning they do not have to pump in more money to run the businesses...Anyway, if Robert Tan develop his mega property projects, Marco Cash would come in handy....