Posted by nemesis > 2015-08-06 20:34 | Report Abuse

Hng...btw Malton n symlife which offer more value? Which of these two will you choose? Pls give ur opinion....

Posted by hng33 > 2015-08-07 09:44 | Report Abuse

kancs3118

Just enter your GOB at 48.5sen

Posted by hng33 > 2015-08-07 09:46 | Report Abuse

nemesis

Symlife >> malton

Posted by kancs3118 > 2015-08-07 09:58 | Report Abuse

@ hng33, mind to share your research on GOB?

Posted by hng33 > 2015-08-07 10:32 | Report Abuse

Will sharw with you later, now, busy looking at RCE....all in at 38.5sen

Posted by kancs3118 > 2015-08-09 17:42 | Report Abuse

@ hng33, mind to share your research on GOB? Have been waiting patiently,.....hahahaha

Posted by hng33 > 2015-08-11 10:46 | Report Abuse

Bought more Symlife at 81sen

Posted by nemesis > 2015-08-11 12:30 | Report Abuse

U are so clever...sure rich as they will announce the 5 cts dividend either today or tis Friday...those who sold cheap to u will need to bang their head soon...

Posted by kancs3118 > 2015-08-12 10:59 | Report Abuse

even 5 cents dividend cannot salvage this counter...

Posted by nemesis > 2015-08-12 15:29 | Report Abuse

How bad it is gonna be?

Posted by nemesis > 2015-08-12 17:45 | Report Abuse

They have just declared first n final 5 cts dividend....payment date on 9th OCT

Posted by nemesis > 2015-08-13 09:29 | Report Abuse

Hello...pick it up now since it is so cheap now don wait...5 cts already declared...

Posted by hng33 > 2015-08-13 09:58 | Report Abuse

Sold off all Symlife at 80sen, free up capital and realize loss......

Posted by nemesis > 2015-08-13 10:33 | Report Abuse

Are u sure hng33? Pls dun pretend as i don see any reason why u should sell since u will get 5 cts dividend....Or izzit u were buying more at cheap price...I know what u were doing ok

Posted by hng33 > 2015-08-13 15:55 | Report Abuse

nemesis

I opt to cut loss, as compared with other property stock (GOB and IWCITy), symlife already much better support at current 80sen, which may lead limited upside potential further even with 5 sen dividend payout.

I decide to free capital from symlife to buy other more bashed down stock in hope for better return. Nonetheless, the cut loss decision is merely my personal view and portfolio readjustment, hope you understand.

Posted by JN88 > 2015-08-13 15:58 | Report Abuse

Current price is the best to enter as compare to 1 year ago at 1.1+....
1.1=5sen dividen
0.8=5sen dividen

Posted by kancs3118 > 2015-08-13 17:28 | Report Abuse

@ JN88, hahaha - my average purchase price = RM1.16 - bleeding now...but have not even sell off a single unit...

Posted by Jolin Lai Chi Pet > 2015-08-13 17:52 | Report Abuse

nice move hng33!!! after announce dividend, it won't go up anymore...................

Posted by nemesis > 2015-08-13 17:55 | Report Abuse

How do u know it won't go up? It will add another 5 cts higher just b4 EX date...

Posted by hng33 > 2015-08-13 17:58 | Report Abuse

Jolin Lai.....cut loss also is nice move !? But if can recoup back from other stock, then only consider nice move lar :D)

Posted by hng33 > 2015-08-13 18:00 | Report Abuse

Kancs3118

So long you can hold for longer term....at least 3 year....property cycle reverse back, still have chance to recoup back. In meantime, you still able to entitle for its yearly dividend to pare down your loss.

Posted by goldisgold > 2015-08-15 09:49 | Report Abuse

Fundamentals cannot beat current sentiment.. Just keep in fridge and look back in 3 years... At the same time, hope the divvy still coming in strong...

Posted by nooobieee > 2015-08-20 12:08 | Report Abuse

ekve already approved. anyone know the impact?

Posted by kancs3118 > 2015-08-20 12:42 | Report Abuse

how about langat 2 water treatment project?

Posted by enid888 > 2015-08-20 15:19 | Report Abuse

Govn will acquire some land from Symlife for Langsat 2. Does Symlife need to wait for the acquisition to be firmed up before they can start the development?

Posted by nemesis > 2015-08-20 20:05 | Report Abuse

So another windfall of money for shareholders...Govt sure will give a good price for symlife for their land n tis will translate into increased dividend soon...

Posted by Jolin Lai Chi Pet > 2015-08-21 08:33 | Report Abuse

I won't trust nemesis anymore!!!!!!!!!!!!!!

Posted by kancs3118 > 2015-08-21 17:35 | Report Abuse

why? what have he done? to make you lost your trust in him?

Posted by kancs3118 > 2015-08-21 17:35 | Report Abuse

you can always consult me...deemed the Sage Of Symlife...or the long term resident of SymLife...

Posted by Jolin Lai Chi Pet > 2015-08-21 18:32 | Report Abuse

nemesis make me lose money in MKland!!!!!!!!!!!!!!!

Posted by nemesis > 2015-08-26 18:38 | Report Abuse

Hah u don trust me??? I don need your trust...In fact most are losing money tis few weeks...Did u lose one million or 1 million?

Posted by Jolin Lai Chi Pet > 2015-08-26 20:13 | Report Abuse

2 thousand only................... i hate u!!!!!!!!!

Posted by nemesis > 2015-08-26 20:58 | Report Abuse

Haik...2k only also crying loudly d...compare yourself with China where ppl lost everything...In fact u should buy more Mkland at current low price...u will love me soon I promise tat...tis is symlife forum so don talk about Mk anymore here...

Posted by kancs3118 > 2015-08-27 11:21 | Report Abuse

bodoh counter...quarterly results like shit ~!!!!

Posted by nemesis > 2015-08-27 22:58 | Report Abuse

710 million unbilled sales haven't reflected yet...pls be patient...It should be reflected in coming qtr with target EPS of 18-20 sen per share yearly...

Posted by nemesis > 2015-08-27 22:59 | Report Abuse

And target dividend of 6 sen per share next year

Posted by kancs3118 > 2015-08-28 06:44 | Report Abuse

just don't understand why the unbilled sales have not yet been reflected in this quarter? maybe it is due to slower progress billings due to slower project development?

Posted by kancs3118 > 2015-08-28 06:45 | Report Abuse

anyway - i will be attending the AGM this 9th Sep...to query management on a range of issues to lay to rest some of my worries.

Posted by fairnreasonable > 2015-08-31 19:05 | Report Abuse

kancs3118, may I request you to specifically ask Tan Sri on the much-talked-about RM 710 million unbilled sales, as to which quarter the sales will be accounted for?
Please share the answer in this forum.
I intended to attend the AGM, but would not be able to do so now due to other priority matter. Thanks.

Posted by fairnreasonable > 2015-08-31 19:10 | Report Abuse

It will also be helpful to know the development of the 420 acres Ulu Langat land - any more definite take-over plan by the state for the proposed water work.

Posted by kancs3118 > 2015-08-31 20:45 | Report Abuse

@ fairreasonable, you are right. Apparently, the RM710M unbilled sales have yet to be reflected in the quarterly reports. Unable to tie the RM710M unbilled sales with the quarterly report.

Posted by kancs3118 > 2015-08-31 20:52 | Report Abuse

actually, the more critical thing is the Star Residence Tower 2 - scheduled for launch during Oct'15. If they can achieve more than 80% take up rate for Star Residence Tower 2, we can say Star Residence is on safe waters and this will contribute significantly to SymLife's revenue for FY16.

Posted by fairnreasonable > 2015-08-31 22:15 | Report Abuse

Agree, kancs3118. Please also ask question on Star Residence Tower 2. Thanks.

Posted by nemesis > 2015-09-04 10:57 | Report Abuse

Sure tower 2 will sell well as foreigners will buy it due to the fall of ringgit...

Posted by hng33 > 2015-09-09 14:47 | Report Abuse

Symphony Life issues profit warning, defers RM2 bil property launches
http://www.theedgeproperty.com/my/content/symphony-life-issues-profit-warning-defers-rm2-bil-property-launches

Posted by fairnreasonable > 2015-09-09 18:06 | Report Abuse

kancs3118, would you kindly provide a brief of the AGM proceedings relating to some questions we discussed? Thanks.

I read the link provided by hng33, and note the warning and
"Today, Tee said Symphony Life had unbilled property sales of RM700 million as at June 2015. The unbilled sales could support the group's income for the next four years, according to him." Thanks hng33.

When will the unbilled sale be accounted for?

Posted by kancs3118 > 2015-09-09 22:58 | Report Abuse

sometimes, news only give 50% of the story - the other half need to attend AGM to find out....

Posted by fairnreasonable > 2015-09-09 23:32 | Report Abuse

kancs3118, you mentioned earlier that you would attend the AGM. If so, would you like to share?

Posted by hng33 > 2015-09-10 00:14 | Report Abuse

Fairnreasonable

Sometime we must understand what make up the unbill sale...as sometime deveper only able to record it as revenue but a lot more less end up to generate profit to shareholder..especislly if is cumulative from many project, with different take up rate, then we must careful analyses it.

Take for example, based on gross profit margin 30%, if the project only have 60% take up rate, it wont generate net profit to developer. Similarly, if tower 1 have take up rate 90%, but tower 2 and tower 3 have under 60% take up rate, it also wont generate a lot of real cash profit.....most of it will record as unsold inventory or under receivable, therefore affecting company balance sheet

Posted by nemesis > 2015-09-10 00:39 | Report Abuse

I really don know why they wanna issue profit warning while they already secured 700 mil unbilled sales...it can easily guarantee profits for 2 to 3 yrs to come...Don worry even wit tis profit warning, symlife is still very profitable supported by tis unbilled sales...they do so to scare you so that u will dump ur shares for them to sapu cheap fm you...