What a pleasant surprise. I thought they had fully disposed off their stake in CESB. With this additional sale, the total one off gain amounts to RM26.4M or 9.3sen/share. Furthermore Symlife's balance sheet is furtter enhanced by RM63.8M resulting in a lower net gearing of 17% from 28% previously.
Whether or not becoz of this news (dated 23july), Guoco already went up 30% , hope this counter follows suit. In hand, symlife is holding so many mega project, shouldn't have left behind. Let's wait patiently.
@ Firebird2, You are right. After checking the tax law for YA2013, all companies will move to the single tier tax system on 1st Jan 2014. Under the single tier system of taxation, tax on a company's profits is a final tax and dividends are exempt in the hands of shareholders.
It seems the net dividend attributable to the shareholders are 4 cents.
Thx kancs3118, so we should have no worries about deducting tax as a shareholder of any company. Claims of tax refunds are a burden not only to us but also Inland Revenue.
Dividends will be a sweetener. Just wait for some good news (possibly hugh township development in Sg.Long). Since the valuations are cheap now, it have room to go further.
look at the past uptrend transaction day, volume more than 2 million... today trading volume break 3 million ady... good sign !! keep going then i can break even my book value ady ~~ hehe...
Symlife is in good financial condition .. And it also regularly reward shareholder with free bonus warrant and dividend ...So it's quite ok to invest now before it shoot up ..
just wanna ask...whether the current price of RM1.15 is considered cheap to enter? considering to load some more...on the other hand...don't know whether it will fall back to RM1.12?
One year is good enough for Symlife to show its true color I think. Right now theres a hugh Q at 1.12 and below. So need to watch closely if the strength continues to be there. Best is also to study its AR before deciding if you good in TA, that could help. When I invested in it, I was losing money, now its making, have not sold yet. No plans yet as waiting for a clearer picture. Perhaps Q report and some announcement
Economy tanked work both ways. More jobless, building materials no one interested. So Malton can build it cheaper. How many complex are empty these days after a bad start if any, rite? Any others can comment? I don't know if Malton takes care of minority shareholders. Others can answer
the rumors is that the most risky projects are placed at Malton....??? mmm...planning to hive off Malton when the time is right...that is towards the end of this year during GOB rights issuance....just have GOB + SymLife in my portfolio...cukup lah. Hold for one year plus...
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 4073 views | 4 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
james70
327 posts
Posted by james70 > 2014-08-01 00:02 | Report Abuse
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1698941
What a pleasant surprise. I thought they had fully disposed off their stake in CESB. With this additional sale, the total one off gain amounts to RM26.4M or 9.3sen/share. Furthermore Symlife's balance sheet is furtter enhanced by RM63.8M resulting in a lower net gearing of 17% from 28% previously.