AGREED SYMLIFE SHARE PRICE UPTREND WILL STRENTHEN N EXCEED 1.00 SOON. BOOSTED BY REALISTICALLY HIGH EXPECTATIONS OF VERY STRONG 4Q PROFITS DERIVED FROM ITS HUGE UNBILLED SALES CLOSING TO RM2B SUPPORTED BY GOOD SALES GROM ITS ONGOING PROJECTS ALL LOCATED IN PRIME AREAS. ESPECIALLY ITS STAR RESIDENCES NEAR THE ICONIC PETRONAS TWIN TOWERS.
RECALLED A VERY GOOD N COMPREHENSIVE RESEARCH REPORT WHICH ANALYSED ITS FAIR VALUE PRICE TO BE ABOVE RM2.OO BASED ON FACTUAL DATA OF ITS DEEPLY UNDERVALUED ASSETS WHICH ARE CURRENTLY N PROGRESSIVELY UNLOCKED FOR ITS SHAREHOLDERS N TO BE REFLECTED IN ITS PRICE UPTREND.
WILL SHARE THIS GOOD REPORT AS SOON AS RETRIEVE IT (WITH MY ADDITIONAL COMMENTS)

TRYING LOOK KFOR SOME GOOD RESEARCH ON AFFIN
THERE WAS ONE WHICH GAVE ITS FAIR VALUE PRICE AT RM3.75.
WELL ITS PRICE WAS AT RM4.18 ABT 2 1/2 YEARS AGO. ALSO IT IS STILL THE CHEAPEST BANK STOCK LISTED IN BURSA BASED ON ITS LOW PRICE TO BOOK RATIO COMPARED TO ITS PEERS LIKE CIMB AMBANK RHB
AFFINS PROFIT RECOVERY FIRMLY IN PLACE N ITS SHARE PRICE SHOULD ALSO RECOVER

OBSERVED ITS PRICE ACTION LAST 2 WEEKS WERE DECIDELY MORE BULLISH N TRYING TO BREAK OUT ABOVE RM3.OO
WILL UPDATE N SHARE ONCE I HAD RETRIEVED THE RESEARCH PAPER

THERE WILL BE A FINAL DIVIDEND.

WATCH OUT FOR ITS NEXT DIVIDEND ANNOUNCEMENT DURING THE NEXT FEW WEEKS (AFTER TOMORROW BUT BEFORE ITS AGM DATE ON 30/5/17). REFER TO ITEM 10 OF ITS AGENDA.

ALL THESE YEARS THEY HAD PAID ITS FINAL DIVIDEND EVERY YEAR.

CAN REFER BACK TO PREVIOUS YEAR'S AGM AGENDA WHERE THE FINAL DIVIDEND WAS ALSO NOT LISTED IN ITS 2016 AGENDA BUT THE FINAL DIVIDEND WAS PAID.

THEY HAD JUST PAID ITS 2ND INTERIM DIVIDEND AND THE TREASURY SHARES WILL BE CREDITED TO YOUR CDS AC TOMORROW (28/4/17). HENCE WE CAN EXPECT IT TO ANNOUNCE ITS NEXT (FINAL) DIVIDEND AFTER TOMORROW AND BE APPROVED UNDER ITEM 10 OF ITS LATEST AGENDA
(SIMILIAR TIMELINE LIKE LAST YEAR)

AGM COMING MONDAY.

UPDATES (INDICATIONS ARE GROWING THAT THE GEO-POLITICAL TENSIONS ARE RECEDING WHILE THE ECONOMIC FUNDAMENTALS ARE IMPROVING)

White House: Trump won't draw 'red lines' for North Korea
As Trump warned North Korea, his 'armada' was headed toward Australia (no real intention for any confrontation)

Pence says US will work with Japan, allies to find peaceful North Korea solution(WILL SIGNIFICANTLY REDUCE WAR RISKS )
FRENCH ELECTION. FREXIT ? : UNLIKELY
CENTRIST & PRO-EU CANDIDATE MACRON IS STILL LEADING IN SURVEY POLLS BY 63%
SPEAKER AT RECENT KENANGA INVESTMENT SEMINAR OPINIONED THAT UNLIKE UK WHICH IS NOT BENEFITING MUCH ECONOMICALLY FROM EU, THE FRENCH IS DOING HUGE TRADES WITH ITS EU PARTNERS AND THE FRENCH VOTERS WISH TO RETAIN ITS HUGE ECONOMIC ADVANTAGES BY REMAINING A EU MEMBER. THE FRENCH ONLY AGAINST THE TOO LIBERAL IMMIGRATION POLICIES.

A CONTARIAN STRATEGY TO PROFIT FROM STOCK INVESTMENTS
-----------------------------------------------------------------------------------------------------

Mark Mobius: Here’s what investors need to ‘see through’ if they want to make money






Mark Mobius on global investment risks Tuesday, 18 Apr 2017 | 4:49 PM ET | 01:55

Investors who run the other way when they hear negative headlines are making a big mistake, according to Mark Mobius of Franklin Templeton.
"Situations like we see in North Korea, what we're seeing in the Middle East will be with us for quite some time. But that doesn't mean countries don't continue to grow," he said in a Tuesday interview on CNBC's "Trading Nation."
"We're going to see continued growth," and investors should "see through" negative headlines to the underlying fundamentals, said Mobius, executive chairman of Templeton emerging markets group.
"If you look at the price charts, in dollar terms, for a place like Brazil or India [that] from one time to another has bad headlines, the reality is that stock prices continue to go up in dollar terms, so we've got to keep an eye on those prices," he added.
His remarks come as Bank of America Merrill Lynch's fund manager survey showed that investors are becoming more optimistic about the emerging markets, which include China, India, Brazil and Mexico. Investors "aggressively" bought emerging market stocks in April, propelling allocations to five-year highs, according to the report.
Looking forward, investors ought not to be deterred by a rising interest rate environment in the U.S., according to Mobius.
When considering investing in emerging markets, people have been "so afraid of higher interest rates, not realizing that higher interest rates in the U.S. don't necessarily mean a down market; sometimes interest rates go up and the markets go up. And this has been happening with emerging markets; emerging markets are going gangbusters," Mobius commented Tuesday.

--------------------------------------------------

UPDATES (AS AT 20/4/17)

UPDATES (INDICATIONS ARE GROWING THAT THE GEO-POLITICAL TENSIONS ARE RECEDING WHILE THE ECONOMIC FUNDAMENTALS ARE IMPROVING)
White House: Trump won't draw 'red lines' for North Korea
As Trump warned North Korea, his 'armada' was headed toward Australia (no real intention for any confrontation)

Pence says US will work with Japan, allies to find peaceful North Korea solution(WILL SIGNIFICANTLY REDUCE WAR RISKS )

FRENCH ELECTION. FREXIT ? : UNLIKELY
-----------------------------------------
CENTRIST & PRO-EU CANDIDATE MACRON IS STILL LEADING IN SURVEY POLLS BY 63%
SPEAKER AT RECENT KENANGA INVESTMENT SEMINAR OPINIONED THAT UNLIKE UK WHICH IS NOT BENEFITING MUCH ECONOMICALLY FROM EU, THE FRENCH IS DOING HUGE TRADES WITH ITS EU PARTNERS AND THE FRENCH VOTERS WISH TO RETAIN ITS HUGE ECONOMIC ADVANTAGES BY REMAINING A EU MEMBER. THE FRENCH ONLY AGAINST THE TOO LIBERAL IMMIGRATION POLICIES.

A CONTRARIAN STRATEGY TO PROFIT FROM STOCK INVESTMENTS
------------------------------------------------------

Mark Mobius: Here’s what investors need to ‘see through’ if they want to make money






Mark Mobius on global investment risks Tuesday, 18 Apr 2017 | 4:49 PM ET | 01:55

Investors who run the other way when they hear negative headlines are making a big mistake, according to Mark Mobius of Franklin Templeton.
"Situations like we see in North Korea, what we're seeing in the Middle East will be with us for quite some time. But that doesn't mean countries don't continue to grow," he said in a Tuesday interview on CNBC's "Trading Nation."
"We're going to see continued growth," and investors should "see through" negative headlines to the underlying fundamentals, said Mobius, executive chairman of Templeton emerging markets group.
"If you look at the price charts, in dollar terms, for a place like Brazil or India [that] from one time to another has bad headlines, the reality is that stock prices continue to go up in dollar terms, so we've got to keep an eye on those prices," he added.
His remarks come as Bank of America Merrill Lynch's fund manager survey showed that investors are becoming more optimistic about the emerging markets, which include China, India, Brazil and Mexico. Investors "aggressively" bought emerging market stocks in April, propelling allocations to five-year highs, according to the report.
Looking forward, investors ought not to be deterred by a rising interest rate environment in the U.S., according to Mobius.
When considering investing in emerging markets, people have been "so afraid of higher interest rates, not realizing that higher interest rates in the U.S. don't necessarily mean a down market; sometimes interest rates go up and the markets go up. And this has been happening with emerging markets; emerging markets are going gangbusters," Mobius commented Tuesday.

Economists: Malaysia to benefit from China’s strong growth
FMT Reporters
| April 18, 2017
Growth of 6.9% in first quarter of 2017 reflects healthy demand in China which will likely translate into higher exports from Malaysia, says report.
KUALA LUMPUR: China’s economy grew faster than expected in the first quarter of 2017 – and this is good for Malaysia.
The 6.9% growth – the strongest since 2015 – was above the consensus estimate of 6.8%.
This is good for Malaysia as China is Malaysia’s largest trading partner.
Affin Hwang Investment Bank Bhd chief economist Alan Tan told The Edge Financial Daily that the strong gross domestic product (GDP) growth reflected a healthy domestic demand in China.
“A combination of better external and domestic demand would mean that Malaysia should benefit not just from China’s demands for manufactured goods but also for Malaysia’s commodity-related products,” he was quoted as saying.
Tan believed Malaysia could now perhaps possibly achieve the upper end of Bank Negara Malaysia’s forecast of 4.3% to 4.8% GDP growth

UPDATES (INDICATIONS ARE GROWING THAT THE GEO-POLITICAL TENSIONS ARE RECEDING WHILE THE ECONOMIC FUNDAMENTALS ARE IMPROVING)
====================================================================
White House: Trump won't draw 'red lines' for North Korea
Pence says US will work with Japan, allies to find peaceful North Korea solution
(WILL SIGNIFICANTLY REDUCE WAR RISKS )

Neal Kimberley
Why the gloom? ‘Dealmaker’ Trump pivots on China... and things are looking up
‘If the region as a whole does well, China is well-placed to benefit’
PUBLISHED : Tuesday, 18 April, 2017, 10:13am


Given the critical tone towards China that was evident in US President Donald Trump’s campaign rhetoric, it might have appeared a far-fetched notion that a few months into a Trump presidency China-US economic relations would still be on an even keel and the broader outlook for the Chinese economy seem relatively rosy. But such is the case.
The Florida summit between Trump and his Chinese counterpart Xi Jinping appears to have gone smoothly. Indeed only last week Trump, who had previously been very vocal about China’s policies towards the yuan, said China were “not currency manipulators”, a stance confirmed in an official report from the US Treasury on April 14.
All things considered, the outlook for China’s economy currently looks reasonably rosy

But in truth, based on the campaign rhetoric that dominated Trump’s successful race for the White House last year, who would honestly have bet on China-US trade relations still being amicable at this stage of Trump’s first term in office?
“I’m the best dealmaker there is,” said Trump in 2015, but he also said separately that “to be a great dealmaker, you have to be flexible”. Perhaps that flexibility is now guiding his attitude to China.
All things considered, the outlook for China’s economy currently looks reasonably rosy.


Why Trump's next big policy reversal could be on the TPP
Nyshka Chandran | @nyshkac

Trump still has time to change his mind on TPP, King warned, noting that the treaty text remains valid until February 2018.
(WILL BE POSITIVE FOR WORLD AND ASIAN ECONOMIC GROWTH)

IMPORTANT GEO-POLITICAL EVENTS & MARKET RISKS
=========================================================
North Korea Defies Trump With Missile Test
by
Kanga Kong
April 16, 2017, 7:09 AM GMT+8 April 16, 2017, 11:10 AM GMT+8
• North Korean missile explodes in test launch day after Kim Jong-un showcases new ballistic arsenal
• Hostilities in the region surge US President Donald Trump sends aircraft carrier-led strike group to the Korean peninsula
• PUBLISHED : Sunday, 16 April, 2017, 8:03am

CRITICAL TIMELINE FOR MORE MISSILE OR NUCLEAR TESTS
----------------------------------------------------------
POSSIBLY WITHIN THE NEXT 10 DAYS TO 25TH APRIL.
MOST SIGNIFICANT DATE IS 25/4/2017 BEING THE ANNIVERSARY OF THE FOUNDING OF THE PEOPLES ARMY.

US, allies weigh options after North Korea's missile test: Trump adviser
"What (is) particularly difficult about - about dealing with this regime, is that it is unpredictable," he said.


OTHER IMPORTANT GEO-POLITICAL EVENTS AND DATES
----------------------------------------------------

USA DEBT CEILING EXPIRED ON 15/3/2017.
--------------------------------------
UNLESS EXTENDED US GOVT TO RUN OUT OF CASH THUS FACING GOVT SHUT DOWN IN A NEXT FEW MONTHS TIME.

FRENCH ELECTIONS ON 23/4/17 AND 3/5/17
-----------------------------------------
2 LEADING FAR RIGHT CANDIDATES WOWED TO WITHDRAW FROM EU AND EURO
IF THEY WIN. (CAN HAPPEN AS SEEN IN THE UNLIKELY WIN BY PRESIDENT TRUMP AND THE BREXIT)
A FRENCH EXIT OR FREXIT WILL BE FAR MORE DISASTROUS TO THE WORLD ECONOMY AND THE WORLD’S STOCK MARKETS
Le Pen victory could be five times as dangerous as Greece's financial meltdown: UBS
Sam Meredith | @smeredith19
Tuesday, 28 Mar 2017 | 9:19 AM ETCNBC.com






Sylvain Lefevre | Getty Images
Europe could be on track to encounter a shock wave up to five times as turbulent as the start of the euro zone debt crisis if French presidential candidate Marine Le Pen was able to secure victory in May, according to a team of UBS analysts.
Strategists at the Swiss banking giant stressed the prominence of the anti-immigration and anti-European Union National Front leader meant France's fast approaching general election would be the most serious political risk event in the region this year.
France exiting the euro would be the largest sovereign default in history with serious contagion effects
Daniel Lacalle, CIO of Tressis Gestion
Wednesday, 22 Feb 2017 | 1:06 AM ETCNBC.com






Alain Jocard | AFP | GettyImages
A few days ago, David Rachline of the far-right National Front party in France said that "the debt of France is about 2 trillion euros ($2.1 trillion), about 1.7 (trillion euros) are issued under French law, which means that it can be re-denominated."

The economic program of the National Front specifically calls for the exit of the euro and the creation of a new currency, the French franc, which would be "closely" linked to the euro while allowing the government to undertake "competitive devaluations" making the transition in an "orderly way".

There is only one problem. It does not work. There is no "orderly exit" from the euro. It is an oxymoron.

This would be the largest credit event in history and would create a massive contagion effect throughout the euro zone. The euro, obviously, would suffer from the break-up risk, so the fallacy of the "closely linked" second currency is simply a joke. Both would collapse in tandem.
(NEED TO BE AWARE AND ALERT TO SUCH GEO-POLITICAL EVENTS LOOMING IN THE HORIZON )
HighlightsPerform research on stocks before trading. Check out the Price Target page.
0

SELLING PRESSURE FROM EPF STILL EVIDENT FROM THEIR DISCLOSURES.

THIS MAY BE AGGRAVATED BY THE CURRENT GEO-POLITICAL EVENTS WHICH WILL CONTINUE TO HOG THE NEWS HEADLINES FOR THE NEXT FEW WEEKS :-

IMPORTANT GEO-POLITICAL EVENTS & MARKET RISKS
===============================================
North Korea Defies Trump With Missile Test
by
Kanga Kong
April 16, 2017, 7:09 AM GMT+8 April 16, 2017, 11:10 AM GMT+8
• North Korean missile explodes in test launch day after Kim Jong-un showcases new ballistic arsenal
• Hostilities in the region surge US President Donald Trump sends aircraft carrier-led strike group to the Korean peninsula
• PUBLISHED : Sunday, 16 April, 2017, 8:03am

CRITICAL TIMELINE FOR MORE MISSILE OR NUCLEAR TESTS
------------------------------------------------------------------------------------------
POSSIBLY WITHIN THE NEXT 10 DAYS TO 25TH APRIL.

MOST SIGNIFICANT DATE IS 25/4/2017 BEING THE ANNIVERSARY OF THE FOUNDING OF
-------------------------------------------------------
THE PEOPLES ARMY.


OTHER IMPORTANT GEO-POLITICAL EVENTS AND DATES
------------------------------------------------------------------------------------

USA DEBT CEILING EXPIRED ON 15/3/2017.UNLESS EXTENDED US GOVT TO RUN OUT OF CASH THUS FACING GOVT SHUT DOWN IN A NEXT FEW MONTHS TIME.

FRENCH ELECTIONS ON 23/4/17 AND 3/5/17
------------------------------------------------------------------------
2 LEADING FAR RIGHT CANDIDATES WOWED TO WITHDRAW FROM EU AND EURO
IF THEY WIN. (CAN HAPPEN AS SEEN IN THE UNLIKELY WIN BY PRESIDENT TRUMP AND THE BREXIT)
A FRENCH EXIT OR FREXIT WILL BE FAR MORE DISASTROUS TO THE WORLD ECONOMY AND THE WORLD’S STOCK MARKETS
Le Pen victory could be five times as dangerous as Greece's financial meltdown: UBS
Sam Meredith | @smeredith19
Tuesday, 28 Mar 2017 | 9:19 AM ETCNBC.com



Sylvain Lefevre | Getty Images
Europe could be on track to encounter a shock wave up to five times as turbulent as the start of the euro zone debt crisis if French presidential candidate Marine Le Pen was able to secure victory in May, according to a team of UBS analysts.
Strategists at the Swiss banking giant stressed the prominence of the anti-immigration and anti-European Union National Front leader meant France's fast approaching general election would be the most serious political risk event in the region this year.
France exiting the euro would be the largest sovereign default in history with serious contagion effects
Daniel Lacalle, CIO of Tressis Gestion
Wednesday, 22 Feb 2017 | 1:06 AM ETCNBC.com






Alain Jocard | AFP | GettyImages
A few days ago, David Rachline of the far-right National Front party in France said that "the debt of France is about 2 trillion euros ($2.1 trillion), about 1.7 (trillion euros) are issued under French law, which means that it can be re-denominated."

The economic program of the National Front specifically calls for the exit of the euro and the creation of a new currency, the French franc, which would be "closely" linked to the euro while allowing the government to undertake "competitive devaluations" making the transition in an "orderly way".

There is only one problem. It does not work. There is no "orderly exit" from the euro. It is an oxymoron.

This would be the largest credit event in history and would create a massive contagion effect throughout the euro zone. The euro, obviously, would suffer from the break-up risk, so the fallacy of the "closely linked" second currency is simply a joke. Both would collapse in tandem.
(NEED TO BE AWARE AND ALERT TO SUCH GEO-POLITICAL EVENTS LOOMING IN THE HORIZON )
HighlightsPerform research on stocks before trading. Check out the Price Target page.
0

IMPORTANT GEO-POLITICAL EVENTS & MARKET RISKS
==============================================
North Korea Defies Trump With Missile Test
by
Kanga Kong
April 16, 2017, 7:09 AM GMT+8 April 16, 2017, 11:10 AM GMT+8
• North Korean missile explodes in test launch day after Kim Jong-un showcases new ballistic arsenal
• Hostilities in the region surge US President Donald Trump sends aircraft carrier-led strike group to the Korean peninsula
• PUBLISHED : Sunday, 16 April, 2017, 8:03am

CRITICAL TIMELINE FOR MORE MISSILE OR NUCLEAR TESTS
------------------------------------------------------------------------------------------
POSSIBLY WITHIN THE NEXT 10 DAYS TO 25TH APRIL.
MOST SIGNIFICANT DATE IS 25/4/2017 BEING THE ANNIVERSARY OF THE FOUNDING OF THE PEOPLES ARMY.

OTHER IMPORTANT GEO-POLITICAL EVENTS AND DATES
=================================================
USA DEBT CEILING EXPIRED ON 15/3/2017.
----------------------------------------------------------------
UNLESS EXTENDED US GOVT TO RUN OUT OF CASH THUS FACING GOVT SHUT DOWN IN A NEXT FEW MONTHS TIME.

FRENCH ELECTIONS ON 23/4/17 AND 3/5/17
----------------------------------------------------------------
2 LEADING FAR RIGHT CANDIDATES WOWED TO WITHDRAW FROM EU AND EURO
IF THEY WIN. (CAN HAPPEN AS SEEN IN THE UNLIKELY WIN BY PRESIDENT TRUMP AND THE BREXIT)
A FRENCH EXIT OR FREXIT WILL BE FAR MORE DISASTROUS TO THE WORLD ECONOMY AND THE WORLD’S STOCK MARKETS
Le Pen victory could be five times as dangerous as Greece's financial meltdown: UBS
Sam Meredith | @smeredith19
Tuesday, 28 Mar 2017 | 9:19 AM ETCNBC.



Europe could be on track to encounter a shock wave up to five times as turbulent as the start of the euro zone debt crisis if French presidential candidate Marine Le Pen was able to secure victory in May, according to a team of UBS analysts.
Strategists at the Swiss banking giant stressed the prominence of the anti-immigration and anti-European Union National Front leader meant France's fast approaching general election would be the most serious political risk event in the region this year.
France exiting the euro would be the largest sovereign default in history with serious contagion effects
Daniel Lacalle, CIO of Tressis Gestion
Wednesday, 22 Feb 2017 | 1:06 AM ETCNBC.com




Alain Jocard | AFP | GettyImages
A few days ago, David Rachline of the far-right National Front party in France said that "the debt of France is about 2 trillion euros ($2.1 trillion), about 1.7 (trillion euros) are issued under French law, which means that it can be re-denominated."

The economic program of the National Front specifically calls for the exit of the euro and the creation of a new currency, the French franc, which would be "closely" linked to the euro while allowing the government to undertake "competitive devaluations" making the transition in an "orderly way".

There is only one problem. It does not work. There is no "orderly exit" from the euro. It is an oxymoron.

This would be the largest credit event in history and would create a massive contagion effect throughout the euro zone. The euro, obviously, would suffer from the break-up risk, so the fallacy of the "closely linked" second currency is simply a joke. Both would collapse in tandem.
(NEED TO BE AWARE AND ALERT TO SUCH GEO-POLITICAL EVENTS LOOMING IN THE HORIZON )












O

LOOKING FORWARD FOR THE ANNOUNCEMENTS ON THE DATE FOR THE COMING AGM FOR FYE 31/12/2016 AND ITS DECLARATION OF ITS FINAL DIVIDEND EXPECTED IN THE NEXT 2 WEEKS.
HOPE TO GET A REASONABLY GOOD FINAL DIVIDEND

MICHAEL. OK. THANKS. ANYWAY I THINK TROP IS DUE FOR ITS PRICE UPTREND

AFFIN SHARE PRICE CURRENTLY AT 2.88 IS STILL DEEPLY UNDERVALUED AND UNDERPRICED WITH ITS PRICE TO BOOK (P/B) RATIO AT ONLY 0.64x (against its Peers' averaging 1.17x). JUST BY AFFIN'S MOVING ITS P/B TO 0.72x will see its price GOING UP TO RM3.20.

CATALYSTS TO ACHIEVE THIS WILL BE FOREIGN FUNDS' CURRENT CALLS TO OVERWEIGHT MALAYSIAN BANKING SECTOR, AND AFFIN'S CONTINUING EARNINGS RECOVERY AS ALREADY SEEN IN ITS FULL YEAR'S PROFITS. INCREASED BY RM198M TO RM580M OR UP 52% Y/Y.

UOB BANK'S CALL BUY ON TROPICANA. WHERE CAN WE FIND IT? OR CAN SOME GOOD GUY REPRODUCE AND SHARE IT HERE? TQ

BASED ON ITS RELATIVELY ATTRACTIVE PRICE TO BOOK MULTIPLES OF ONLY 0.64x (AGAINST ITS PEERS IN THE BANKING SECTOR REACHING 1.17x) THERE WAS A CALL BUY ON AFFIN AT RM2.20 JUST 6 MONTHS AGO)

A VERY SMART GUY RESPONDED AND HE SOLD ALL HIS OTHER SHARES TO SWITCH ALL TO AFFIN. NOW HE HAD EMERGED A SOLID WINNER. HE WILL HOLD HIS AFFIN TO RIDE ON ITS UPTREND TO AT LEAST RM3.20 IN THE NEAR TERM , REAPING HIS DIVIDEND REWARD OF 4.5 SEN FIRST. HIS BIGGER REWARD WILL COME WHEN AFFIN CONTINUES ITS STRONG SEQUENTIAL QUARTERLY PROFITS INCREASES .

AS AFFIN'S EARNING RECOVERIES GAIN MOMEMTUM AND LEADING TO HIGHER DIVIDENDS, AFFIN'S SHARE PRICE WILL CONTINUE ITS UPSWING.

REMEMBER AFFIN'S SHARE PRICE WAS ABOVE RM4.00 IN 2013 AND IT PAID 15 SEN DIVIDEND SEACH YEAR DURING 2012 AND 2013

SHOULD HAVE REACHED 2B ALREADY. WATCH FOR ITS UNBILLED SALES WHEN IT ANNOUNCE ITS RESULTS NEXT MONTH

4Q BUSINESS JUST COMPLETED ON 31/3/17. INDICATIONS RE VERY POSITIVE. LIKELY BIG JUMP IN PROFITS FOR ITS 4Q AND ITS FULL YEAR SUPPORTED BY RM2B UNBILLED SALES. WITH RISING PROFITS WE CAN EXPECT A GOOD DIVIDEND TO BE GIVEN WHEN ITS RESULTS ARE ANNOUNCED NEXT MONTH.
SYMLIFE IS STILL DEEPLY UNDERVALUED /UNDERPRICED.
WITH ITS NTA AT RM2.12 (STILL CONSERVATIVE AS ITS PRIZED SG LONG LANDBANK IS STILL PEGGED AT ITS BOOK VALUE OF RM8 PSF (AGAINST AT LEAST RM30 PSF AND EVEN MORE FOR ITS COMMERCIAL PORTIONS) ITS PRICE TO BOOK RATIO (P/B) IS ONLY 0.42x (0.885/2.12)
(COMPARED TO P/B OF 1.25x for sp setia (3.54/2.83)
1.42X for ECOWOLD (1.52/1.42)

VALUE CREATION TO BE REFLECTED BY RISING SHARE PRICE OF SYMLIFE CAN BE ACHIEVED BECAUSE OF IT CURRENT ROBUST BUSINESS GROWTH, INCREASING PROFITS AND EXPECTED RISING DIVIDENDS

WITH THE HIGH SUCCESSFUL SALES OF ALL ITS RESIDENTIAL UNITS, ITS 5 BLOCKS OF RETAIL SPACE WILL ALSO BE SUCCESSFULLY TAKEN UP BY LEADING INTERNATIONAL BRAND NAMES SINCE ITS LOCATION IS IN THE POPULAR ICONIC PETRONAS TWIN TOWERS AREA

STAR RESIDENCES NEAR ICONIC PETRONAS TWIN TOWERS ARE IN HIGH DEMAND.
TOWER 1 (557 UNITS PRICED AT RM1500 PSF IN 2013) AND TOWER 2 (485 UNITS PRICED AT RM1800 PSF IN 2015) HAD BEEN ALMOST FULLY SOLD OUT.
TOWER 3 >400 UNITS PRICED AT RM2200 PSF ) HAD 50% SOLD ENBLOC TO A LEADING APARTMENT SERVICE PROVIDER IN ADVANCE OF ITS OFFICIAL LAUNCHING THIS MONTH.
HIGHLY SUCCESSFUL SALES AND WITH ITS BIG MARGINS (COST PSF OF RM500 PSF) SYMLIFE'S 4Q PROFITS AS AT 31/3/17 WILL BE VERY GOOD.

THIS WILL BE IN ADDITION TO REPORTED GOOD SALES FOR ITS WELL LOCATED OTHER PROJECTS IN MONT KIARA, SUNWAY, SHAH ALAM (UNION SUITES).

WE SHOULD BE GETTING A GOOD DIVIDEND WHEN ITS 4Q/FULL YEAR RESULTS ARE ANNOUNCED NEXT MONTH.

DIVIDEND PAYMENTS ARE QUITE FAST.
1ST INTERIM D EX DATE 31/1/17
2ND INTERIM D EX DATE 10/4/17
FINAL D (LIKELY DURING NEXT MONTH OF MAY)

BASED ON THE VERY SUCCESSFUL SALES OF STAR RESIDENCES (OPPOSITE ICONIC PETRONAS TWIN TOWERS AND WITH ITS HIGH MARGINS, SYMLIFE'S 4Q PROFITS WILL BE VERY GOOD. THIS MEANS WE CAN EXPECT A DIVIDEND OF 5 TO 6 SEN

AGM AND FINAL CASH DIVIDEND ANNOUNCEMENT LIKELY LATER PART OF THIS MONTH TO MAY. USUAL TIMELINE

NEXT CORPORATE ACTIONS.

SETTING DATE FOR AGM TO APPROVE RESULTS FOR FYE 31/12/2016 AND DECLARATION OF FINAL CASH DIVIDEND. BEST TO GET ANOTHER 4 TO 5 SEN TO TOP UP A GOOD YEAR PERFORMANCE.

OTHER POSITIVE CATALYSTS INCLUDE ANNOUNCEMENTS OF ITS ICONIC PROJECT IN JLN BUKIT BINTANG' GOLDEN TOURIST SHOPPING AREA PLUS PROGRESS IN ITS SALE OF JOHORE LAND PLUS ANOTHER IMPROVED 1Q 2017 PROFITS

1st Price Target RM3.20 coming.

MOST UNDERVALUED AND UNDERPRICED BANK SHARE IN BURSA.

ACTIVE CATALYSTS FOR VALUE EMERGING AND PRICE UPTREND GAINING MOMENTUM WITH BIG PROFIT JUMPS IN COMING QUARTER RESULTS.
RISING DIVIDENDS BASED ON INCREASING PROFITS

PROBABLY THE 50% PAT DIVIDEND POLICY WAS MEANT TO BE IMPLEMENTED IN THE NEXT FINANCIAL YEAR. I HOPE SO.
ANYWAY AFFIN HAD PAID 15 SEN DIVIDENDS IN 2012 AND 2013. AND ITS SHARE PRICE WAS 4.13 HIGH IN 2013.
AFFIN'S 1Q RESULTS AND PROFITS INCREASING BY RM198M OR 52% Y-O-Y WAS A COMMENDABLE ACHIEVEMENT. INVESTMENT BANKS RECENTLY MET UP WITH ITS MANAGEMENT TO UPDATE THE CORPORATE PLANS AND THEIR REPORTS WERE VERY POSITIVE IN THEIR FINDINGS THAT THE BANKS INTERNAL REORGANISATION PLANS AND ITS AFFINITY PROGRAMMES TO FOCUS ON MORE FEE BASED INCOMES AND TO RAISE OPERATIONS EFFICIENCY /PRODUCTIVITY ARE PROGRESSING WELL. THESE WILL IMPROVE ITS RESULTS IN THE SUBSEQUENT QUARTERS .

I THINK THEY DESERVE OUR SUPPORT FOR THE GOOD JOB DONE LAST YEAR AND THEIR CONTINUING EFFORTS TO REGAIN ITS FORMER GLORY DAYS OF HIGH PROFITS AND DIVIDENDS

REGARDING SELLING BY EPF. THEY MAY BE JUST PARING DOWN ITS STAKES TO A CERTAIN STRATEGIC LEVEL. ONCE THIS IS REACHED THEIR SELLING WILL CEASE. THEN AFFIN'S SHARE PRICE WILL CLIMB UP FASTER. EPF MAY ALSO DECIDE TO SUSPEND ITS SALES NOW IN RESPONSE TO AFFIN'S FINAL CASH DIVIDEND OF 4.5 SEN SET TO GO EX IN 1.5 MONTHS TIME

DURING BANK MERGERS OR TAKE OVERS, THE PRICE TO BOOK RATIO IS ONE OF THE MOST IMPORTANT FACTOS TO CONSIDER WHEN COMPUTING THE RESPECTIVE VALUES OR PRICE OF THE BANK'S SHARES. HENCE ANY OTHER BANK WHICH WANT TO TAKE OVER OR MERGE WITH AFFIN BANK WILL HAVE TO VALUE AFFIN BANK'S VALUE AT A P/B RATIO MUCH HIGHER AND CLOSER TO THE BANKING SECTOR'S 1.17x. I.E. PAY MUCH MORE THAN RM2.86 FOR AFFIN'S SHARES. IF AT 0.85x THE PURCHASING BANK WILL HAVE TO VALUE AND PAY RM3.80 FOR AFFIN

ONE OF THE MOST UNIVERSALLY ACCEPTED PRINCIPLE AND FINANCIAL YARDSTICK ADOPTED TO EVALUATE THE FUNDAMENTAL VALUATION OF COMMERCIAL BANK SHARES IS THEIR PRICE TO BOOK (P/B) RATIO.

AFFIN'S SHARE PRICE IS : 2.86
AFFIN'S BOOK VALUE OR NTA 4.47
(AUDITED NET TANGIBLE ASSET)
AFFIN'S P/B IS THEREFORE(2.86/4/47) 0.639x (much lower than the Banking Sector's 1.17x)

(AND IS HENCE DEEPLY UNDERVALUED AND UNDERPRICED)

CATALYSTS TO UNLOCK ITS UNDERVALUED ASSETS AND POTENTIAL INCLUDE :-
==================================================================

1) ACCELERATING AND STRONGER EARNINGS RECOVERIES.
ITS YEAR ON YEAR INCREASE IN PROFITS BY RM198M OR UP 52% IS COMMENDABLE..
WE ARE LOOKING TO CONTINUING BETTER PROFITS IN THE COMING QUARTERS.

2) INSTITUTIONAL FUNDS (INCLUDING FOREIGN FUNDS AND LOCAL FUNDS LIKE KWAP AND BANKS' UNIT TRUSTS/WEALTH MANAGEMENTS FUNDS) INCREASING THEIR INVESTMENTS OF AFFIN SHARES..

IT IS NOTE WORTHY THAT FUND MANAGERS ARE NOW CALLING FOR MORE EXPOSURES TO BUILD UP THEIR STOCK PORTFOLIOS IN BURSA EQUITIES.

THERE ARE NOW CALLS TO OVERWEIGHT MALAYSIAN BANKING SHARES

FY2016'S NET PROFIT AT RM580M REGISTERED AN INCREASE OF RM198M OR 52% HIGHER THAN 2015'S. A STRONG PROFIT GROWTH.

INDICATIONS ARE THAT ITS COMING 1Q PROFITS ENDING 31/3/17 WILL CONTINUE TO BE GOOD

ITS ALWAYS SAFER AND BETTER TO INVEST YOUR HARD EARNED MONEY IN FUNDAMENTALLY SOUND AND STILL UNDERVALUES SHARES LIKE AFFIN BANK.
LOW DOWNSIDE RISKS BUT HUGE UPSIDE POTENTIAL. MAY TAKE A GRADUAL UPTREND
PATTERN BUT HAS THE ABILITY TO GO UP STEADILY.

THERE WAS CALL TO BUY AFFIN AT 2.20 SOME MONTHS BACK BASED ON AN ANALYSIS OF ITS GOOD FUNDAMENTALS.

ONE GUY WROTE HE HAD CUT LOSS ON ALL HIS OTHER STOCKS AND RE-INVEST ALL HIS SALES PROCEEDS INTO AFFIN. SAID HE WILL EXIT THE STOCK MART AND JUST WAIT FOR AFFIN'S VALUE TO EMERGE AND RECOUP HIS LOSSES AND BECOME A WINNER. NOW AT 2.87 AND WITH ITS ABILITY TO SCALE HIGHER, I THINK HE HAS BEEN PROVEN WISE AND SKILLFUL

INSTITUTIONAL INVESTORS, INCLUDING FOREIGN FUNDS, AS WELL AS INDIVIDUAL
VALUE INVESTORS, WILL ALWAYS ON THE LOOK OUT FOR FUNDAMENTALLY SOUND STOCKS WITH GOOD BUSINESS PROSPECTS. ONCE THEY RECOGNISE AFFIN'S VALUE AND START AGGRESSIVE ACCUMULATION THEN U CAN SEE A STRONG PRICE UPTREND.

AFFIN'S SHARE PRICE AT 2.86 MEANS ITS PRICE TO BOOK (2.86/4.47) IS ONLY 0.64x
WHICH IS EXCESSIVELY DISCOUNTED AND UNJUSTIFIED (compared to the market average of 1.17x)

AFFIN'S PRICE SHOULD BE MORE FAIRLY PRICED AS :

AT P/B OF 0.72x = 3.22

at P/B OF 0.85x = 3.80

OTHER NOTEWORTHY INDICATORS ON AFFIN INCLUDE :-

IT'S SHARE PRICE WAS ABOVE RM4.00 DURING 2013

IT HAD PAID 15 SEN DIVIDEND IN 2012 AND 2013

PROSPECTS FOR AFFIN TO REGAIN ITS FORMER GLORY ARE BRIGHT.

THE GROUND WORK HAS BEEN LAID.

IT'S 1Q RESULTS/PROFITS HAD REGISTERED STRONG RECOVERY

ACTUALLY THE TOTAL DIVIDEND IS 7.5 SEN (AS IT HAD PAID 3 SEN INTERIM D )

ALSO I BELIEVE FUTURE DIVIDENDS WILL BE INCREASED AS ITS EARNINGS RECOVERY GATHERS UPWARD MOMENTUM. MY CONFIDENCE IN AFFIN'S PROFITS GROWTH IS BASED ON ITS IMPROVEMENTS IN ITS BUSINESS OPERATIONS ESPECIALLY IN ITS ISLAMIC BANKING AND INSURANCE DIVISIONS.

AFFIN'S CURRENT BUSINESS TRANSFORMATION/INTERNAL ORGANISATION AS WELL AS ITS AFFINITY PROGRAMMES WILL ENSURE BETTER BUSINESS GROWTH.

IT IS SIGNIFICANT TO NOTE THAT AFFIN'S SHARE PRICE IS VERY MUCH UNDERVALUED.

ONE OF THE RATIOS USED TO MEASURE THE WORTH OF BANKING SHARES IS THEIR RESPECTIVE PRICE TO BOOK (P/B) CURRENTLY AVERAGING 1.17x . AFFIN'S P/B OF 6.4x MEANS IT IS NOW THE CHEAPEST PRICED BANK STOCK IN BURSA. AFFIN'S SHARE IS THEREFORE THE MOST UNDERVALUED AND WITH ITS STRONG EARNINGS RECOVERY THE PROSPECTS ARE GOOD FOR ITS SHARE PRICE TO INCREASE ESPECIALLY SINCE FOREIGN FUNDS ARE FLOWING BACK INTO BURSA AND THERE ARE CALLS TO OVERWEIGHT OUR BANKING SECTOR.

COMPARITIVE P/Bs ARE GIVEN HERE TO FURTHER ILLUSTRATE MY POINT THAT AFFIN'S SHARE PRICE IS UNDERVALUED AND SHOULD MOVE HIGHER ON THE BACK OF ITS EARNINGS RECOVERY :-

AFFIN : 0.64x

CIMB : 1.11x

RHB : 1.00x

BANK ISLAM: 1.70x

ANOTHER BLOG RECENTLY ALSO SPOT LIGHTED
ON NOTION HIGHLIGHTING ITS EARNINGS
RECOVERY PLUS ITS TECH PRODUCTS HAS
POTENTIAL TO BECOME A TAKEOVER
TARGET N INDICATED ITS PRICE TO GO UP
TO RM2 TO RM3 SHOULD SUCH TAKEOVER
MATERIALISE. SAID NOTIONS TECH SUITABLE
FOR DRIVERLESS MOTOR VEHICLES. THIS
TECHNOLOGY IS ALSO IN VOGUE IN THE
ADVANCED ECONOMIES LIKE USA N EU.

FACTUAL DATA AS ANNOUNCED TO BURSA IS INDISPUTABLE

ITS STRONG EARNINGS RECOVERY PER ITS 1Q RESULTS N
PROFITS ARE FACTS.
KENANGA INVESTMENT BANK RESEARCH GAVE GOOD
ANALYSIS WHY TECH SECTOR IS NOW GOOD TO INVEST
IN. IT SELECTED NOTION VTEC AS A OUTPERFORMER
WITH TARGET PRICE 1.62 BASED ON SOUND VALID
REASONS

TECH SECTOR UPGRADED ON RAISED EARNINGS VISIBILITY,

NOTION WAS RATED ONE OF THE TOP OUTPERFORMER. INVESTMENT BANK RESEARCH RAISED ITS TARGET PRICE TO 1.62 ON STRONG EARNINGS RECOVERIES

WELL CONSOLIDATED DURING THE PAST 1 MONTH BETWEEN 2.84 TO 2.92.

NEXT PRICE RANGE WILL BE 2.92 TO 3.20

LONGER TERM TARGET IS 3.80

ABOVE PRICE TARGETS WILL BE SUPPORTED BY VERY GOOD 4Q AND FULL PROFITS.
FURTHER CATALYST WILL BE FROM A FINAL DIVIDEND WHICH IS EXPECTED SOON.
FINAL D EXPECTED TO BE BIG ONE.( SUPPORTED BY GOOD EARNINGS RECOVERIES).

MORE CATALYSTS FROM FOREIGN FUNDS INCREASING INFLOWS INTO BURSA AND THEIR
OVERWEIGHT INTO MALAYSIAN BANK SHARES.

AFFIN SHARE PRICE IS VERY UNDERVALUED, IF NOT THE MOST UNDERVALUED WITH ITS PRICE TO BOOK AT ONLY 0.64x (AGAINST MOST OTHER BANKS AVERAGING 1.17x)

MY EARLIER PROJECTIONS OF A TOTAL DIVIDENDS AMOUNTING TO 7.38 SEN IS COMING TRUE (POSSIBLY EVEN EXCEEDED)

1ST INTERIM ALREADY PAID 2.5 SEN (CASH)
2ND INTERIM EQUIVALENT TO ABOUT 1.25 SEN (TREASURY SHARES 1.2 FOR
EVERY 100 x 1.045 PRICE)

THERE WILL BE ANOTHER FINAL DIVIDEND TO BE DECLARED DURING THE MONTH OF MAY
TO BE APPROVED AT ITS COMING AGM. (NOT THE PRACTICE TO DECLARE BOTH 2ND INTERIM AND FINAL DIVIDENDS TOGETHER. HENCE THE FINAL DIVIDEND WILL BE IN CASH AND WILL BE PART OF THE AGENDA TO BE APPROVED AT THE COMING AGM (NORMALLY HELD IN THE MONTH OF MAY)

THE PATTERN OF 3 SEPARATE DIVIDENDS WILL BE SIMILIAR TO 2015 (3 D s TOTALLY 7 SEN WHICH ALSO INCLUDED A DISTRIBUTION OF TREASURY SHARES)

THIS TIME THE TOTAL DIVIDEND PAYMENTS IS LIKELY TO BE HIGHER AS ITS GEARING IS MUCH LOWER THAN PREVIOUSLY AND NET PROFITS ARE REASONABLY GOOD. HENCE THE DIRECTORS CAN REWARD ITS SHAREHOLDERS WITH A HIGHER TOTAL PAYOUT.

IF THE FINAL DIVIDEND IS 4 SEN THEN THE TOTAL WILL BE 7.75 SEN

TROPICANA WILL RETAIN ITS STATUS AS BEING ONE OF THE HIGHEST DIVIDEND YIELD STOCKS.

COMPARITIVE PRICE TO BOOK (P/B) FOR SELECTED BANK STOCKS :-

AFFIN CURRENTLY HAS THE LOWEST P/B OF 0.64x (SHARE PRICE/NTA WHICH IS 2.88/4.47)
and therefore provides the cheapest entry into malaysian banking sector. Affin has sound fundamentals and registering strong earnings recoveries

RHB'S P/B IS 1.0x

CIMB'S P/B IS 1.11x

COMPARITIVE PRICE TO BOOK (P/B) FOR SELECTED BANK STOCKS :-

AFFIN CURRENTLY HAS THE LOWEST P/B OF 0.64x (SHARE PRICE/NTA WHICH IS 2.88/4.47)
and therefore provides the cheapest entry into malaysian banking sector. Affin has sound fundamentals and registering strong earnings recoveries

RHB'S P/B IS 1.0x

CIMB'S P/B IS 1.11x

Saturday, 18 March 2017
Credit Suisse: It’s time to invest in Malaysia
BY AFIQ ISA


PETALING JAYA: Credit Suisse (CS) said it is now time for investors to put their funds into Malaysian stocks as current valuations indicate that local equities are poised for a strong recovery.

Malaysia has underperformed its peers in the emerging markets due to several reasons, among them being the downward pressure on the ringgit as well the selldown in heavyweight sectors such as banks.

But now, according to CS in an extensive report yesterday, while the 34% decline in Malaysian equities on a dollar-adjusted basis over the past 45 months was warranted, the market bottom may be close at hand.

Calling it as “the ultimate contrarian trade”, the research house outlined 10 reasons to be bullish (see table).

Among them is that Malaysia’s GDP growth may see further upside, thanks to a rebound in commodities. Additionally, the government may have more leeway to increase spending, given its conservative average crude oil price forecast of US$48 per barrel, CS said.

“We believe that the recent stability in the commodity complex we have witnessed the last of the downgrades to near term growth expectations.

“We now expect a pick-up in growth to 4.5% this year (above consensus expectations of 4.3%), driven by public infrastructure projects, commodity-related investments and a boost to rural income from the recovery in rubber prices,” it explained.

image: http://www.thestar.com.my/business/business-news/2017/03/18/credit-suisse-its-time-to-invest-in-malaysia/~/media/6e9e3c3809c94d24a57732dee2661843.ashx?h=432&w=620



Another reason is on the improvement of earnings dynamics among Malaysian corporates. CS points out that at the sector level, the recovery in earnings revisions is led by the energy and mining space.

Additionally, among the larger sectors, consumer discretionary and staples have recovered sharply well into net positive territory with industrials and financials improving to at least neutral levels.

Another key catalyst for the markets is the attractiveness of the ringgit at present levels after significant devaluation.

Although Malaysia’s 15-year trend of a weaker ringgit in real effective exchange rate (REER) terms is justified by the steady erosion of its share of global exports, the 18% REER devaluation over the past three years appears severely overdone, given the relatively modest decline in export share over this period, CS noted.

One prominent beneficiary from the repair in the macro environment appears to be the banking sector, which is a heavyweight component for the FBM KLCI.

The research house said that private sector credit growth had just bounced off a 13-year low at 5.6% year-on-year in January compared to 4.2% in September last year.

“Encouragingly, deposit growth recovering back into positive territory should serve to moderate the pick-up in the loan-to-deposit ratio, which is currently at elevated levels which typically dampens credit extension,” it said.

In light of its market recommendation, CS has picked its top 10 stocks which offer superior dividends and free cashflow yields.

The companies are Malayan Banking Bhd, CIMB Group Holdings Bhd, Axiata Group Bhd, Kuala Lumpur Kepong Bhd, Astro Malaysia Holdings Bhd, British American Tobacco (M) Bhd, IJM Corp Bhd, Gamuda Bhd, Alliance Financial Group Bhd and Malakoff Corp Bhd.

To date, the FBM KLCI is already up by 6.3%. Yesterday saw the largest one-day turnover in stocks since May 2016 with total trading volume of 4.98 billion shares valued at RM5.04bil.

(CALL TO BE OVERWEIGHT ON BANK SHARES)
======================================

(ALSO NOTE THAT AFFIN SHARES IS FUNDAMENTALLY SOUND AND REGISTERING STRONG
=============
EARNINGS RECOVERIES RECORDING 9MTH PROFIT OF RM20M AGAINST RM6M FOR ITS CORRESPONDING PERIOD LAST YEAR.


AFFIN IS ALSO THE CHEAPEST ENTRY INTO MALAYSIAN BANK SECTOR (WITH PRICE TO BOOK RATIO OF ONLY 0.7x COMPARED TO THE CONSENSUS 1.17x applicable for Bank Sector in Bursa)

Sorry for typo spelling errors. Using Hp. got fat finger

KANCS3118. THANKS GOR D INFO CONFIRMING D HIGHLY SUCCESDFUL
SALES OF SYMLIFE^S ONGONG PROJECTS. THESE WILL DEFINITELY BOOST
ITS 4Q RESULTS N PROFITS, GIVE A GOOD DIVIDEND N HENCE PUSH UP ITS
SHARE PRICE

KANCS3118. I HAD ALREADY GIVEN THE LOCATION OF SG LONG THIS MORNING. PLSE REFER FURTHER UP. OR CHECK GOOGLE MAP

EG. BIG INCREASES IN ITS SEQUENTIAL QUARTERLY PROFITS, ITS NTA BEING AT A HIGH RM2.12, ITS VERY SUCCESSFUK SALES OF ITS STAR RESIDENCES NEAR THE ICONIC PETRONAS TWIN TOWERS, IT HUGE UNBILLED SALES TOPPING UP TO RM2 BILLIONS, ITS CHEAP HOLDING/OWNERSHIP COST OF SG LONG LAND (BOOK VALUE ONLY RM8 PSF AGST RM30 PSF) ARE ALL REAL

ALL COMMENTS ARE BASED ON FACTS

Home > Business > Business News
Wednesday, 22 March 2017
Improved sentiment for Malaysian property sector
BY THEAN LEE CHENG

Read more at http://www.thestar.com.my/business/business-news/2017/03/22/improved-sentiment-for-property-sector/#VjmUiBCi7dR37w79.99
PETALING JAYA: Sentiment for property counters is improving after a two-year lag in the sector’s share price performances with Kenanga Research reversing its call from “neutral” to “buy” for the sector.
Read more at http://www.thestar.com.my/business/business-news/2017/03/22/improved-sentiment-for-property-sector/#VjmUiBCi7dR37w79.99

SYMLIFE HAD ALREADY PAID THE CONVERSION FEES FOR ITS SG LONG LAND FOR MIXED DEVT. SG LONG IS NOW PRIMED FOR DEVT AND SYMLIFE'S UNBILLED SALES AND PROFITS WILL INCREASE SIGNIFICANTLY WITH CONTRIBUTIONS FROM SG LONG TOWNSHIP

SHL MAY BE THE PIONEER DEVELOPER OF SG LONG TOWNSHIP.

SYMLIFE'S 625 ACRES LANDBANK IN SG LONG IS NOW THE MAIN BENEFICIARY OF SUCH DEVELOPMENT.