SYMPHONY LIFE BERHAD

KLSE (MYR): SYMLIFE (1538)

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Last Price

0.26

Today's Change

-0.01 (3.70%)

Day's Change

0.26 - 0.26

Trading Volume

1,100


8 people like this.

4,336 comment(s). Last comment by kancs3118 1 month ago

azlan88

509 posts

Posted by azlan88 > 2014-09-24 01:10 | Report Abuse

agree with james70. haha. relax bro. star residences has just being launched on early Sept aftder some delay. It will definitely contribute to their profit through 50% stake in JV (Alpine Return) with UM Land. Star Residence, which is very near to KLCC, will be built in 3 tower with a mall. Most of the units are SOHO/SOFO of 650sq.ft each, with each sq. ft start from RM 1,600 onwards (almost RM 1mil each Soho). Believe it will receive good take up rate.

kancs3118

2,201 posts

Posted by kancs3118 > 2014-09-24 09:37 | Report Abuse

@ james70/ Azlan88,
Just asking, how much will it cost to request a valuer's report on SymLife's land? Just want to know the current market value and how much of unrealised revaluation gains that we are sitting on a per share basis.

james70

327 posts

Posted by james70 > 2014-09-24 10:03 | Report Abuse

Are you planning to launch a takeover of the company?

kancs3118

2,201 posts

Posted by kancs3118 > 2014-09-24 10:19 | Report Abuse

no - just want to know how much is the TP price based on balance sheet perspective.

I know you can request a valuer's report when obtaining a mortgage loan.

james70

327 posts

Posted by james70 > 2014-09-24 10:40 | Report Abuse

I think it would be cheaper and more efficient to use the internet to comb for recent transacted prices to work out the valuation.

power88

1,588 posts

Posted by power88 > 2014-09-24 17:52 | Report Abuse

Today SHL up 69 sen.....when symlife???

JN88

11,670 posts

Posted by JN88 > 2014-09-24 18:10 | Report Abuse

Impossible bagi symlife........

azlan88

509 posts

Posted by azlan88 > 2014-09-24 18:57 | Report Abuse

well, the shark swim to SHL. This symlife they will eat later. haha

kancs3118

2,201 posts

Posted by kancs3118 > 2014-09-24 20:38 | Report Abuse

need the sharks come to eat SymLife

JN88

11,670 posts

Posted by JN88 > 2014-09-25 12:45 | Report Abuse

Sell sell ....

power88

1,588 posts

Posted by power88 > 2014-09-25 17:20 | Report Abuse

sell .....

Posted by Lim Kang Ju > 2014-09-25 17:23 | Report Abuse

Sell sell sell

JN88

11,670 posts

Posted by JN88 > 2014-09-26 09:26 | Report Abuse

Run run run forest run....

windz1984

74 posts

Posted by windz1984 > 2014-09-26 10:08 | Report Abuse

Dividend also cannot cover the capital losses, lousy

kancs3118

2,201 posts

Posted by kancs3118 > 2014-09-26 10:08 | Report Abuse

read in The Star newspaper that foreign funds are expected to pull out.... ,maybe another round of QE liaw.

speakup

26,441 posts

Posted by speakup > 2014-09-26 10:09 | Report Abuse

buy when others fear!
that's the wise words from Warren Buffet.

AIF85

8 posts

Posted by AIF85 > 2014-09-26 10:23 | Report Abuse

This is good. Even though the price drops, doesn't change the fact that the fundamentals are intact. I will be topping up more if it reaches 1.05

kancs3118

2,201 posts

Posted by kancs3118 > 2014-09-26 10:27 | Report Abuse

help...it is dropping like bird shit....!!!

kancs3118

2,201 posts

Posted by kancs3118 > 2014-09-26 10:33 | Report Abuse

yahhh...i am tempted to load up extra...but my capital is exhausted....need to subscribe to GOB rights issue as well.

JN88

11,670 posts

Posted by JN88 > 2014-09-26 10:38 | Report Abuse

Don't read too much The Star haha....usually the news will make all the small investors run away and then the rich man can pick up more at cheaper price...hahaha now is the good time to top up and hold long...

Posted by investor8888 > 2014-09-26 20:58 | Report Abuse

will buy more if price drop below 1.00

JN88

11,670 posts

Posted by JN88 > 2014-09-27 10:16 | Report Abuse

1.00 impossible la....hard to sampai ...drop from 1.20 --->1.05 consider very big discount already.....

Posted by longkanginvestor > 2014-09-27 10:33 | Report Abuse

Just buy when its low and quiet..the best time to slowly accumulate

JN88

11,670 posts

Posted by JN88 > 2014-09-30 10:00 | Report Abuse

No volume at all....

kancs3118

2,201 posts

Posted by kancs3118 > 2014-09-30 11:27 | Report Abuse

really dropping like bird shit....!!!!

Posted by millionboss > 2014-09-30 12:36 | Report Abuse

kancs3118 : really dropping like bird shit....!!!!

SO MANY SNIPERS HERE ARE KILLING YOU ALL SILENTLY LA, SEE MY POST :

" millionboss : From my analysis, symlife is heading south, a correction is coming ahead. But most ppl here are asking ppl to buy, oops, are you all snipers, to kill ppl? 18/09/2014 10:18 "

JN88

11,670 posts

Posted by JN88 > 2014-09-30 13:38 | Report Abuse

Star Residences my dream house....

linuss

5 posts

Posted by linuss > 2014-09-30 13:43 | Report Abuse

drop drop drop!!

kancs3118

2,201 posts

Posted by kancs3118 > 2014-09-30 14:14 | Report Abuse

actually, at this price of RM1.07, Symlife is priced comparable to GOB. Of course, this is a bargain price to purchase Symlife if you compare Symlife land bank versus GOB. But then, who would expect SymLife can experience an oversold position? My average cost for SymLife is RM1.16.

My advice is to continue holding on to Symlife. I am not selling a single share.

moisking

196 posts

Posted by moisking > 2014-09-30 14:15 |

Post removed.Why?

linuss

5 posts

Posted by linuss > 2014-09-30 14:17 | Report Abuse

kancs3118. still optimistic on this counter. Just jumped in few days ago

kancs3118

2,201 posts

Posted by kancs3118 > 2014-09-30 15:19 | Report Abuse

@linuss: good job. This is a bargain price. To qoute: "Value is what you get, price is what you paid".

JN88

11,670 posts

Posted by JN88 > 2014-09-30 16:51 | Report Abuse

The dropping trend within this 2week send me a message how strong this counter are....and how far it can go....Price below RM1 may become history...

Posted by millionboss > 2014-10-02 09:37 | Report Abuse

i feel pity for those who believe " the snipers" here to ask ppl to keep collecting while they are distributing

Posted by millionboss > 2014-10-02 09:39 | Report Abuse

30/09/2014 12:36 i wrote :
" millionboss : From my analysis, symlife is heading south, a correction is coming ahead. But most ppl here are asking ppl to buy, oops, are you all snipers, to kill ppl? 18/09/2014 10:18 "

ACTUALLY I DID SMELL SHARKS WANT TO DISTRIBUTE AT THAT TIME, BUT "THE SNIPERS" HERE KEEP ASKING PPL TO BUY THEIR DISTRIBUTION

JN88

11,670 posts

Posted by JN88 > 2014-10-02 10:21 | Report Abuse

1st round average at RM1.18 -60%
2nd round (down trend) -RM1.00 -20%
3rd round (down trend) -RM0.90 -20%
Never believe the other people talking about what ...just believe my own research and the Tan Sri Azman Yahya.

kancs3118

2,201 posts

Posted by kancs3118 > 2014-10-02 15:05 | Report Abuse

rather than being concerned with the day to day fluctuation of the stock price, we should be more concerned about Langat 2 project and its impact on the Sungai Long land.

LYH78

140 posts

Posted by LYH78 > 2014-10-02 16:25 | Report Abuse

this is good counter eps16 to 18, nta rm 2, but price only around rm 1.

kancs3118

2,201 posts

Posted by kancs3118 > 2014-10-02 17:41 | Report Abuse

thinking of selling my GOB to buy at current price....any GOBians can advice?

kancs3118

2,201 posts

Posted by kancs3118 > 2014-10-02 17:52 | Report Abuse

@ LYH78, i think the right term is "NA: Net Assets" and not NTA: Net Tangible Assets.

thomn

2 posts

Posted by thomn > 2014-10-03 01:55 | Report Abuse

1.060 to 1.100 is it the best price to buy in? im thinking to accumulating..my friend's dad working inside this company..wednesday he starting to ask all his relative to buy this share as much as possible...my friend know im investor so told me about this..just wondering can I enter at this price? any expert please advise?

Chin Aik

127 posts

Posted by Chin Aik > 2014-10-03 07:14 | Report Abuse

as of now, support seems to be at 1.06.. im also thinking buying this share at 1.06.. if support lose at 1.06, 2nd support should be at 1.02..

kancs3118

2,201 posts

Posted by kancs3118 > 2014-10-03 08:44 | Report Abuse

any reasons why your friend's dad is asking all his relatives to buy?

JN88

11,670 posts

Posted by JN88 > 2014-10-03 08:48 | Report Abuse

Satu reasons only ...fly to sky....wakakkakaka........I had also heard a same story from my friend BJFOOD....1.5-->3.0!!! BUT this is investment better do our own research......

thomn

2 posts

Posted by thomn > 2014-10-03 09:14 | Report Abuse

no..my friend didn say about the reason..but from the view of today's queue and supply vs purchase power..seems like holder locking all their share...is it the best time for me to enter?

kancs3118

2,201 posts

Posted by kancs3118 > 2014-10-03 10:56 | Report Abuse

Just my 2 cents and i maybe wrong. Just to share.
At this entry price of RM1.06, you are getting a great bargin.
Simply put;
(1): candid reporting; the annual chairman's statement gives a strong feeling management is honest about their own shortcomings.
(2): potential share buybacks and redistribution as treasury shares.
(3): net assets of RM2.00 -> this is already buying at 50% discount to net assets,
(4): low P/E ratio of 6x; if you take into consideration this upcoming quarter's results, P/E is likely to drop even further,
(5): undervalued landbank; very important because this makes the whole investment defensive in nature.
(6): management capability in reducing debt and monetizing its landbanks; we all know how capable is Datuk Azman Yahya.

in short; just skimming on the surface - you have the best of both worlds; BenGraham's margin of safety + Philip Fisher's definition of a quality company.

AIF85

8 posts

Posted by AIF85 > 2014-10-03 11:06 | Report Abuse

Dont worry, kancs...I've had this kind of experience before with Huayang in 2010. Bought it in Sept 2010 due to its great value. However, being a new investor then I capitulated to market jitters and sold it in late Dec 2010. due to its lack of liquidity back then. And the rest they say, is history.

JN88

11,670 posts

Posted by JN88 > 2014-10-03 11:20 | Report Abuse

Now everyone looking and waiting the budget 2015......20sen petrol make all people panic...

JN88

11,670 posts

Posted by JN88 > 2014-10-03 12:29 | Report Abuse

Just curious they are selling or blocking the prices from up.....

kancs3118

2,201 posts

Posted by kancs3118 > 2014-10-03 13:13 | Report Abuse

@ JN88, there will definitely be a knee jerk reaction towards any new measures bound to be introduced in the upcoming budget to cool down the property market. However, as long as Symlife's management is rational and build affordable housing (within the RM500K range), then there will always be demand. Young working professionals like myself are in desperate need of an affordable rooftop over my head.

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