@kancs3118 : I extra calculated 1 more year ma.... trapped by sharks last time no way liao ...hv to keep waiting ....good thing is this counter not like other penny stock counter ... I just hope every year gt gao gao dividen then okay lo...
This few day I'm keep thinking once ron95 up to rm3/litre, what will happen to property market?? up up or down down??
This 2-3 years, market need to clean the contra property player, good time to collect ur cash and grab your dream house or for investment purpose...
in their recently released quarterly reports, they say - they are shifting their priorities to building affordable housing. Cannot see that in their pipeline. Same like you - i also kena trap by sharks...
where are they going to build their affordable housing? I think it is going to be Sungai Long? Don't think they will go bankrupt anytime soon - but then, i don't know how long the share price will be stuck at that range?
@ JN88, it seems you quite support symlife. What do you think of SymLife vs Matrix Concept? Matrix Concept profit like hell....the revenue almost the same with SymLife but net profit is 6 times higher.
Management problems...after 3 months I invested in this counter I just start to speculate this questions but is too late...nevermind treat it as another life experience ...anyway the price may back to rm1.2 but need to wait a very long long long time... so far i can't see this company want to be like Matrix or what. Hopefully the Director ''bercita-cita tinggi''.... This is the best time to sapu more land......
matrix land cost very cheap. They bought Felda settlers land at less than RM8, whereas current market RM40-50. Sell land can untung already. That is why they are so profitable. And they monetise their land by both developing house and selling industrial land
Symlife on the other hand sitting low land cost ( sg. long & sg. petani). These land has huge potential, with increase on NTA if they revalue them. However, they are yet to monetise the land.
what do you think of symphony house (another company owned by Datuk Azman)? I read from Symphony house's annual report that SymLife has quite a significant holding in it?
If Symphony house is going to go under, this will adversely impact on SymLife....
from the Chairman's statement, it seems that SymLife will be holding shares in the enlarged new "Symphony group" ~ which is essentially RanHill's existing business in the oil and gas and utility industry. But then, the existing business of Symphony group (which is the BPO portion) will be sold off to Datuk Azman. This BPO business is not very profitable (and is loss making).
THe question now is where will Datuk Azman park this existing BPO business? At his personal capacity or at SymLife??? Hopefully, not at SymLife???
The reason why we should be concerned is because whatever happens to Symphony House will be reflected in SymLife's results as SymLife is holding more than 11% of Symphony House's shares.
adui....why this people cannot be like Tambun/ Matrix.....just focus on building properties and selling them....and making money for the shareholders....? why so many patterns?
not really - what happens is that SymLife has exposure to Symphony via its 11% holdings of Symphony shares (pre-RTO). Hence, assuming if the RTO goes through - the enlarged Symphony group will have the power generation and water business (utility) and minus the oil and gas business of RanHill and minus the existing business process outsourcing. Hence, i think SymLife will be more like a passive investor of the enlarged Symphony group. Just sit down and collect dividend.
I am just afraid that if Symphony is not performing well, then SymLife will need to experience impairment losses (i.e.; impairment on the investments held by SymLife).
It appears that Datuk Azman Yahya and his gang will need to buy out the existing business of Symphony which is the corporate services valued at RM60,0M at his private capacity. According to news paper reports, this corporate service business is quite a stable business - albeit not much growth. Hopefully, Datuk Azman Yahya will not park this corporate service at SymLife but take it at his personal capacity.
Sometimes, is it so bloody hard to run SymLife like the way Tambun and Matrix is being run? Just focus on developing properties, sell it off and make money for share holders and minus this and that sort of side business?
I'm very bullish about the prospect regarding this asset rich property counter which is now hovering near its 52 weeks low. Frankly speaking, already brought some at 0.8 but at small position.
The offer now is a SURE win bonanza price because my last 2 round entry price is much higher at 1.0++ which help to generate a 20% capital gain.
Must have good patient when dealing with this counter.
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kancs3118
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Posted by kancs3118 > 2015-03-02 18:15 | Report Abuse
two to three years??????????????????????????????????????????????