Posted by kancs3118 > 2014-08-08 16:42 | Report Abuse

support at RM1.12...

Posted by Tommy Lee > 2014-08-12 09:52 | Report Abuse

up, down, up, down.....:s....please continues up!!!

Posted by power88 > 2014-08-12 18:20 | Report Abuse

will coming soon like ibhd and guoco....

Posted by kancs3118 > 2014-08-13 08:44 | Report Abuse

Goucoland share price spike up after Symlife announced the sales of its joint venture with CESB. Should have purchased the shares of Goucoland upon getting hold of the bursa announcement...hahaha

Posted by james70 > 2014-08-13 09:15 | Report Abuse

Guocoland share price spiked up because of analyst coverage.

Posted by kancs3118 > 2014-08-13 10:16 | Report Abuse

@ james70, yes ...you are right...sigh - it seems i still got lots to learn...long way to go....

Posted by james70 > 2014-08-13 14:58 | Report Abuse

Currently, the languishing share price presents an opportunity to collect while it is still dirt cheap. When one looks at the property sector, many of the counters have skyrocketed (Guocoland, SHL, SAB) while there are still a few counters that scream buy and Symlife is one of them.

Posted by power88 > 2014-08-13 15:36 | Report Abuse

hopefully QR good...

Posted by JN88 > 2014-08-13 15:40 | Report Abuse

when next QR will announce ?

Posted by james70 > 2014-08-13 15:47 | Report Abuse

Should be this month.

Posted by kancs3118 > 2014-08-13 17:13 | Report Abuse

@ james70, just asking, how much do you think the 400++ acres for Sungai Long land is worth now?

Posted by james70 > 2014-08-13 19:42 | Report Abuse

SHL's Sg Long land is valued at RM130/sqft. Using a RM50/sqft, you'll arrive at RM871.2M or RM2.80/share. At RM100/sqft, it is RM1.742B or RM5.60/share.

Posted by Heng611 > 2014-08-13 20:05 | Report Abuse

That is what I say. Take over the company for fee.

Posted by kancs3118 > 2014-08-13 21:38 | Report Abuse

ok - just surprised that mgmt disposed 1/3 of Sungai Long land to YTL at RM100.0M only. If based on the computation above, the disposed portion of the land value should easily worth more than RM250.0M. The reason given in the annual report is that the disposed land is too remote and needs about 10 years to develop...I think the transaction price is abit on the low side....anyone mind to comment?

Posted by JN88 > 2014-08-14 09:25 | Report Abuse

Buy volume is very low....sell volume high...profit taking??

Posted by james70 > 2014-08-14 10:53 | Report Abuse

I agree it is on the low side that the 200acres were sold so cheaply and yet with deferred payment. Only Symlife's management will know why.

Posted by power88 > 2014-08-14 11:13 | Report Abuse

Maybe one of the reason investor don't like tis counter..

Posted by kancs3118 > 2014-08-14 11:16 | Report Abuse

can we ask during the AGM?

Posted by james70 > 2014-08-14 11:23 | Report Abuse

Absolutely. You should clarify with Management during the AGM what plans do they have with the Sg Long lands and what is the market price per acre for those land there and why did they sell it so cheaply with deferred payment.

Posted by sky2 > 2014-08-14 11:46 | Report Abuse

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

Posted by sky2 > 2014-08-14 11:52 | Report Abuse

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

Posted by sky2 > 2014-08-14 11:55 | Report Abuse

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

Posted by JN88 > 2014-08-14 12:06 | Report Abuse

when will be AGM for this year?

Posted by Heng611 > 2014-08-14 12:35 | Report Abuse

kancs3118, Mgmt doing a good job, by selling the remote 1/3, the balance 2/3 value is RM300m, better location, or RM1 a share,


Take over the company, sell off the 2/3 n you got it for free.

Posted by sky2 > 2014-08-14 13:02 | Report Abuse

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

Posted by Heng611 > 2014-08-14 13:13 | Report Abuse

anyway, as long as it stay above RM1.10 then have chance to go RM1.20

Posted by sky2 > 2014-08-14 13:37 | Report Abuse

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......

Posted by Heng611 > 2014-08-14 14:07 | Report Abuse

kancs3118,

1) Mgmt like takeover - Big boss will sell down so takeover cost lower.

2) Mgmt don't like takeover - Push up the price.


RM400m can takeover the company the asset is 2x more base on NTA, so more buy back or more bad news wait and see.

Posted by cckkpr > 2014-08-14 17:07 | Report Abuse

Just waiting to collect at 1.12.If Kenanga is initiating coverage, it will provide the impetus for an upward movement. But as sky2 said, someone has not collected enough. Very much undervalued.

Posted by kancs3118 > 2014-08-14 17:37 | Report Abuse

@ cckkpr - just asking, Kenanga is initiating coverage on Symlife?

Posted by tenys1227 > 2014-08-14 17:55 | Report Abuse

announcement have make just now that 4 sens dividend confirm to give on 25 of September 2014

Posted by tenys1227 > 2014-08-14 17:55 | Report Abuse

is a good news anyway .. just hold for mid-long term for TP 2.20

Posted by Alex Lim > 2014-08-14 18:00 | Report Abuse

i left 50 bonus issue symlife share last year....so 4 sen = RM 2 dividen..aiyo..later minus the cheque charge RM2.5....minus 0.5? need to give back to Maybank? Need to top-up share better

Posted by sky2 > 2014-08-14 18:38 | Report Abuse

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

Posted by JN88 > 2014-08-14 18:45 | Report Abuse

Tomorrow will up ar? usually after dividen announce ...uncle aunti will collect rite??

Posted by Wei Hong > 2014-08-14 18:53 | Report Abuse

ya, usually when div is announced, the price will hike the next day. fingers crossed. :)

Posted by power88 > 2014-08-14 19:00 | Report Abuse

1538 SYMLIFE SYMPHONY LIFE BERHAD
First & Final Single-tier Dividend 4 Sen

Entitlement Details:
First and final single-tier dividend of 4.0 sen per ordinary share for the
financial year ended 31 March 2014.


Entitlement Type: First & Final Dividend
Entitlement Date and Time: 25/09/2014 05:00 PM
Year Ending/Period Ending/Ended Date: 31/03/2014
EX Date: 23/09/2014
To SCANS Date:
Payment Date: 08/10/2014

Posted by sky2 > 2014-08-14 20:40 | Report Abuse

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

Posted by kk123 > 2014-08-14 21:07 | Report Abuse

As I say , this counter rewards it's shareholder well as the boss azman yahya has turned around this company ..
Now it's debt is much lower and more solid earnings ..
Don't miss..

Posted by james70 > 2014-08-14 21:54 | Report Abuse

Azman Yahya has 22% stake in both the shares and warrants. I doubt he is after making more money like the OLH and the VT's out there. What he is after is recognition. We all know he has a knack of turning around debt laden companies via his stint at Danaharta and he has proven it again with Symlife reducing the RM500 odd million to RM100 million (net of cash) it is today. The next goal he is hungry to achieve is to be conferred as one of the best (top 10/top 25) performing property developer. All this will be good for the share price.

Posted by tenys1227 > 2014-08-15 10:43 | Report Abuse

Anyone can share to me if the property transaction is still active in KL ? Johor Bahru area slow down significantly, supply is much more than the demand and new project have been slow down while many of the contractor actually stop launching new project.

Please share and need it to reference to judge whether need to re-allocate my money into other segment. Thanks very much.

Posted by JN88 > 2014-08-15 13:32 | Report Abuse

Properties mana ada orang tak mau....low property transaction because transaction market really need to take a break..... next year we will see more properties for Bank Lelong.....need to clear the contra player in properties sector...just like when the contra player go ady...stock price will down from max point...then go up again..

Posted by kancs3118 > 2014-08-15 19:58 | Report Abuse

today is a good day = high volume + marginally higher price...

Posted by kk123 > 2014-08-15 22:08 | Report Abuse

It's a very nice stock to hold.. Got dividend and got bonus warrant.. where to find ?

Posted by kk123 > 2014-08-16 12:37 | Report Abuse

You Should buy this because you are a Bolton , not a snow.. haha

Posted by dragonking > 2014-08-16 12:52 | Report Abuse

read in star tenys1227

Posted by azlan88 > 2014-08-16 21:02 | Report Abuse

current propeties market is just like 2011. After a strong gain in 2010, market take a breather in 2011, and pick up from there until 2013. This year it becomes soft due to re-introduction of RGPT, and increase in BLR recently. Next year property market will adjust for GST. I believe it will pick up from thereon

I read the earlier comment by sky2, regarding the sale of a portion of land in Sg. Long. If it is true, I would view it positively because what is more important is the speed of realizing income from land development. There is no point having huge tracts of landbank but unable to monetize them fast. Look at Tropicana, GOB, malton. They are undeniably among property companies that have huge landbank but their dismal share performance indicate that they need to do more about developing their landbank. Huge landbank requires a lot of working capital to develop plus need to pay more annual land tax. Unless, they are in the calibre of Mah Sing or SP Setia, which have the financial muscle and team to develop several township at one go, it is good for the small developers to have adequate landbank and develop very fast. Just look at example of companies such as L&G, Oskprop, Tambun, to name a few.

Thus, selling a portion will provide some money for working capital, reduce gearing and potential to launch development at higher prices, if YTL/Guocoland develop the portion of land they bought now.

Posted by kk123 > 2014-08-17 20:09 | Report Abuse

Can buy and hold this share..many upcoming JV project including star residences near Ambank at klcc -A joint venture project by Symphony Life and UM Land.
It's also have many other land bank.. 
Now they have reduced gearing and ready to go .. 
Sooner or later it will reach high price ..
Even osk property and guoco can shoot up ..
So just a matter of time for symphony to move up high. 
In terms of land banks, Symphony has about 1,000 acres in the Klang Valley, Penang, Kedah, Negri Sembilan, Kelantan and Sabah. A lot of the land not revalued .
currently, it had 11 projects with a GDV of RM3bil.
Current PE ratio is only 6 and dividend 4 sen. Bonus warrant was also given last year to reward shareholders. More bonus to come if they can maintain high profitability..
Good luck .

Posted by kk123 > 2014-08-18 09:30 | Report Abuse

Property stocks all moving .. Symlife is one of the cheapest .. Just buy and hold..

Posted by kk123 > 2014-08-18 09:45 | Report Abuse

Start to jalan already .. Still super cheap..