GOOD 3Q PROFIT WILL BE RELEASED SOON. SEQUENTIAL QUARTERLY PROFIT UPTREND ALREADY SEEN.
REVENUE NET PROFIT ======================= 1Q 47.5M 4.0M
2Q 70.0M 6.2M
3Q (EXPECTED TO BE GOOD/HIGHER)
3Q REVENUE AND PROFIT WILL CONTINUE TO INCREASE BASED ON ITS UNBILLED SALES OF OVER RM1 BILLION (AS SALES REVENUES ARE PROGRESSIVELY RECEIVED AND RECOGNISED). ITS STAR RESIDENCES TOWER 1 AND TOWER 2 WERE CONFIRMED SOLD 95% AND 70% PER ITS 2Q RESULTS REPORTS (AS AT 30/9/16) (VERY HIGH PROFIT MARGIN PROJECT DUE TO ITS CHEAP LAND COST OF RM500 PSF AND SOLD AT RM1800 PSF). ITS OTHER PROJECTS' SALES ARE ALSO QUITE GOOD DUE TO PRIME LOCATIONS.
Say if sales is around RM300M- RM350M in 2017 (back by unbilled sales of Rm1B+), then their sales in Q3 n Q4 will be around RM180M-RM230M (Q1+Q2 is ard RM117M)
Assuming their sales in Q3 is ard RM80M and net profit margin of 10%-15%, net profit will be ard RM8M to RM12M then EPS will be ard RM0.027 to RM0.04.
Hi CharlesT, I think the EPS per quarter will be higher than RM0.04 once the star residences and TWY was start major contribute. Especially high margin on star residences project due to low land cost. Timing of this contribution is very important now which will lead the shares going up.
GOOD/HIGHER RESULTS/PROFITS FOR 3Q AND 4Q FYE 31/3/17 EXPECTED.
ITS 6 MONTHS NET PROFITS AT RM10.2M HAD ALREADY EQUALLED THE WHOLE OF LAST 12 MONTHS NET PROFITS ALSO AT RM10.2M.
LIKELY THIS CURRENT YEAR'S FULL YEAR'S NET PROFIT CAN DOUBLE OR EVEN EXCEEDS THAT OF LAST YEAR'S. VERY COMMENDABLE BUSINESS PERFORMANCE
ITS PAID UP CAPITAL BASE IS STILL SMALL WITH ONLY 310 MILLION SHARES OF RM1 EACH. HENCE LOTS OF ROOM TO GROW. ITS NTA IS VERY STRONG AT RM2.09 BACKING PER SHARE.
NEMESIS. I SHARE THE SAME VIEW AS YOU. SYMLIFE SHARE PRICE WILL SURGE UPNEXT WEEK BCOS:- THE UPTRENDS IN BOTH ITS REVENUES AND NET PROFITS ARE EVIDENT IN ITS 1Q & 2Q RESULTS. SUPPORTED BY UNBILLED SALES OF >RM 1 BILLIONS AS THESE BECAME BILLED/RECEIVED AND RECOGNISED IN ITS ACCOUNTS. HENCE BASED ON ITS HUGE UNBILLED SALES VALUE (WILL HAVE INCREASED FURTHER BY NOW SINCE ITS 2Q CLOSING AS AT 30/9/16) ITS 3Q REVENUES/PROFITS WILL ALSO REGISTER INCREASES WHEN ANNOUNCED LATEST BY TUESDAY 28TH FEB.
nemsis. if u depend on qoq report. thaen keep on dreaming. u can see eg-wc and eg stock for your reference. eventhough qnq report show flying color result. but the trend keep going down
2015 PAID CASH DIVIDEND OF 5 SEN. 2016 PAID 2 SEN IN LINE WITH REDUCED PROFITS. 2017'S PROFITS WILL BE VERY STRONG WITH EACH QUARTERLY PROFITS REGISTERING GOOD GROWTH: 1Q +4.OM 2Q +6.2M 3Q +10.0M ---------- 9M +20.2M (ALREADY DOUBLED THAT OF THE WHOLE YEARS PROFIT FOR 2016) =================================================================== ESTIMATED 4Q PROFIT +15M
TOTAL EST 2017 PROFITS 35M (EPS 11.3 SEN)
GOOD PROSPECTS FOR ITS DIVIDEND INCREASING BACK UP TO AT LEAST 5 SEN FOR 2017 (HIGH DIVIDEND YIELD OF 6.6% )
THE ABOVE PLUS MORE POSITIVE NEWS ON ITS GOOD SALES OF ITS STAR RESIDENCES OPPOSITE PETRONAS TWIN TOWERS AND ITS SG LONG LANDBANK CAN SUPPORT ITS SHARE PRICE UP
great results.. wonder the current share price already priced in the good factors... hmm.. let's see how far this Qtr result can propel the share price
best time to buy now. next results will be better qoq because will realize more of the unbilled sales. this year projected eps more than 0.1x, pe around 6-8. where to find? malton so lousy also trade at 0.8x
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....
nemesis
3,995 posts
Posted by nemesis > 2017-02-21 16:16 | Report Abuse
Slow n steady without u even noticed it...