Posted by Skng Keong > 2017-03-20 06:42 | Report Abuse

Look n study at VIVICOM how many project r in hand???.....

Posted by investor8888 > 2017-03-20 08:35 | Report Abuse

hope can touch rm1.0 on this week.

Posted by nemesis > 2017-03-20 10:56 | Report Abuse

Losing steam....

Posted by Eldon Ong > 2017-03-20 16:43 | Report Abuse

Y only son moving,but mother sleeping?haiz

Posted by kancs3118 > 2017-03-21 06:53 | Report Abuse

Symlife is currently building their corporate HQ at Jalan Semangat.

Posted by kancs3118 > 2017-03-21 06:57 | Report Abuse

This article is old news. But then, Symlife has followed through with whatever plans it had laid out before the nediia.

https://www.sumhouse.com.my/index.php?option=com_content&view=article&id=3715&catid=296&Itemid=97

Posted by Eldon Ong > 2017-03-21 17:34 | Report Abuse

closed lower for two consecutive days...

Posted by kancs3118 > 2017-03-22 14:02 | Report Abuse

this counter gonna drop

Posted by nooobieee > 2017-03-22 14:31 | Report Abuse

only one word, SELL!!
other counters already had multiple orgasms, but this one ..

Posted by nooobieee > 2017-03-22 14:36 | Report Abuse

large volume selling coming
run while you can!!

Posted by nooobieee > 2017-03-22 14:37 | Report Abuse

gonna break .85 today

Posted by nooobieee > 2017-03-22 15:23 | Report Abuse

fast fast run, .85 gone soon
if you are still in love with the stock, sell and buy back later

Posted by kancs3118 > 2017-03-22 16:27 | Report Abuse

Hahaha...nooobieee is screaming chicken little

Posted by nooobieee > 2017-03-22 16:47 | Report Abuse

I am noob.. sked..

Posted by kancs3118 > 2017-03-22 18:07 | Report Abuse

Next quarter results will be extremely good for Symlife...then, it jwll break RM0.90/

Posted by nemesis > 2017-03-22 19:02 | Report Abuse

Come down is good news....

Posted by nemesis > 2017-03-22 19:03 | Report Abuse

Down more I m happier

Posted by darrenliew > 2017-03-22 19:24 | Report Abuse

UPDATE ON PROPERTY MARKET
Business News
Home > Business > Business News
Wednesday, 22 March 2017
Improved sentiment for Malaysian property sector
BY THEAN LEE CHENG

Read more at http://www.thestar.com.my/business/business-news/2017/03/22/improved-sentiment-for-property-sector/#VjmUiBCi7dR37w79.99
PETALING JAYA: Sentiment for property counters is improving after a two-year lag in the sector’s share price performances with Kenanga Research reversing its call from “neutral” to “buy” for the sector.
Read more at http://www.thestar.com.my/business/business-news/2017/03/22/improved-sentiment-for-property-sector/#VjmUiBCi7dR37w79.99

Posted by darrenliew > 2017-03-22 19:25 | Report Abuse

A GOOD ANALYSIS OF SYMLIFE IN 2014. WORTH A RE-VISIT AND UPDATE/REVIEW
===========================================================================
WRITTEN IN 2014 BUT STILL VERY RELEVANT IN TODAY’S INVESTMENT IN PROPERTY COUNTERS.
IN FACT, THE FUNDAMENTALS OF SYMLIFE HAD STRENGTHENED FURTHER SINCE 2014 WHILE ITS CURRENT SHARE PRICE IS STILL LOW . EG ITS NTA IS NOW HIGHER AT 2.19 AND HAS CHALKED UP RM2B IN UNBILLED SALES NOW COMPARED TO RM500M IN 2014. SEQUENTIAL INCREASES IN QUARTERLY PROFITS HAD BEEN ACHIEVED AND PROSPECTS FOR GREATER IMPROVEMENTS ARE VERY BRIGHT.
WITH ITS SOUND FUNDAMENTALS AND STRONG EARNINGS RECOVERIES (ITS 9MTH PROFITS JUMPED TO RM20M compared to RM6M LAST YEAR’S CORRESPONDING 9MTH). THE FAIR VALUE/PRICE TARGETS OF BETWEEN 1.25 TO 1.50 ARE ACHIEVABLE
LONGER TERM IT CAN BE WORTH A LOT HIGHER GIVEN THAT ITS SG LONG LANDBANK OF 625 ACRES ,
PRIMED FOR DEVELOPMENT, IS A ”GOLD MINE” ASSET
===================================================================================

Posted by darrenliew > 2017-03-22 19:40 | Report Abuse

Bonescythe Bonescythe Stock Watch
Stock Watch
Disclaimer: This is my personal blog log that reflects my own personal views and opinion. All information provided here, including recommendations should be treated for informational purposes only. The author should not be held liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein.
Thursday, 17 April 2014
Symlife - The Symphony Of Life
The market as volatile as its character is, had saw DJIA rebounding back from a last week tech slam, where a series of technology rated stock took steep plunge, sending DJIA down below. However as of now, DJIA staged a strong come back with +121 at this time, looking to challenge 16500 again in the coming few days.

On a local outlook, while a lot of measure had been implemented to curb speculation on property, despite doing so, the new launches of properties are still looking strong with good rate of take up, and Malaysia properties are still deemed cheap by foreigners.
The properties index had shown a strong uptrend which had been ongoing for 3 months, where a lot of properties counter are highly hunted down for their undervalued land as well as their prestigious launches as well. One of the remarkable gainer is Ecoworld (Formerly known as Focal Aims), after seeing Tan Sri Liew's son heading the company with a team of experts from SP Setia. Ecoworld, from a lowly 30 cents 1 year ago, it is now sitting above RM 5.00, approximately 1600% gain in 1 year.

Will the property counter still be hot? I bet so it will continue to be as hot as it could for the next coming few weeks.

While most of the prominent counters had went from ground to sky, it had never left my attention away from Symphony Life Berhad (Symlife - 1538), a fully geared potential hit in the coming days. Let's have a look at Symlife
Symlife had trading around the range of RM 0.95 to RM 1.15 for the past 6 months. The recent volume had been marking a bullish start for Symlife as they positioned to challenge above RM 1.15 in the coming days. I am anticipating a larger volume, as much as 5m shares transacted in the coming days as Symlife challenge forward
Probably, you might want to wonder, what could be so interesting in Symlife. Let's have a quick look at their 3Q FYE 2014 result.
Symlife is currently trading at RM 1.06 is a 45% discount from it's NTA of RM 1.93. And to put things more interesting, a large portion of prime land held by Symlife is hugely undervalued as it had not been revalued from purchase
Symlife NTA will be easily throttle above RM 3.50 once all the land had been revalued, with the Sungai Long land being the largest contributor after Symlife had paid a premium recently to convert the piece of land into a residential and commercial title for upcoming development

Symphony Life, a BCI Asia Top 10 developer is currently heading several projects.
- Elevia Residences, Taman Tasik Prima, Puchong with a GDV of RM100m
- Summer Homes, Taman Tasik Prima, Puchong with a GDV of approx RM100m
- Tower 28 of Wharf Residences, with a GDV of approx RM200m
- TWY Duplex Condo, Moont Kiara with a GDV of RM 250m
- Tijani Ukay, Ukay Perdana with a GDV of RM 300m (70% balance)
- Amanjaya, Sungai Petani, Kedah with a GDV approx RM200m
- Lavender Heights, Senawang at Seremban with a GDV of approx 100m
- 6 Ceylon condominium at Bukit Ceylon, GDV approx RM150m

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

Symphony Life is one of the oldest developer in Malaysia, known for it's quality in delivering the best in their products. With more than RM500m of unbilled sales that is going to be reflected possibly in the last quarter of FYE 2014, this will be sending Symlife share price above the sky as the current EPS for 3 cumulative quarter is standing at 12.70 cents, where trading at PER x10 will be valuing the company at RM 1.27 already. Taking a skeptical 10% from the RM500m unbilled sales turning into profit will be seeing a contribution of RM50m to 310m shares, effectively boosting an EPS of RM 0.16, totaling a FYE 2014 EPS at RM 0.287, which can be possibly looking at RM 2.50 at that kind of earnings.

I believe Symlife will be a good company to be invested in due to it's huge discount in NTA, huge prime land location, solid management team, huge upcoming projects and attractive earnings. Symlife will be looking to see a short term target at RM 1.15, while a long term will see Symlife putting above RM 1.50.

Decided on your investment? Don't be too late.

Bone's short term TP: RM 1.15

Posted by darrenliew > 2017-03-22 21:27 | Report Abuse

PLEASE VISIT bonescythe.com FOR HIS 2014 ARTICLE.

CAN THEN VIEW ALL THE CHARTS, GRAPHS AND DETAILS OF ALL THE PROPERTIES, INCLUDING SG LONG WHICH ARE OWNED BY SYMLIFE

Posted by culbertlim > 2017-03-22 21:27 | Report Abuse

stupid stock has stupid your investors

Posted by darrenliew > 2017-03-22 22:04 | Report Abuse

SYMLIFE'S BEST PERFORMERS AMONG ITS ONGOING PROJECTS IS ITS 3 TOWERS STAR RESIDENCES. 1ST TOWER SOLD OUT. 2ND TOWER 85% SOLD 3RD TOWER TO BE LAUNCHED. HIGH PROFIT MARGIN PROJECT. COST RM500 PSF. SOLD AT AVERAGE RM1800 PSF. POPULAR WITH FOREIGNERS. STRATEGIC LOCATION NEAR PETRONAS TWIN TOWERS. ALSO HAVE 5 BLOCKS OF 6 STOREY COMMERCIAL UNITS. BIG CONTRIBUTOR TO SYMLIFE'S GROWING UNBILLED SALE TOPPING RM2 BILLIONS.

SYMLIFE'S EARNINGS RECOVERY IS STRONG AND GAINING MOMENTUM. ITS 9MTH PROFITS ALREADY REACHED RM20M (AGAINST 6M FOR LAST YEAR'S CORRESPONDING PERIOD). ITS 4 Q PROFIT WILL COME IN WITH A BIGGER JUMP UP. IMAGINE THE REVENUES AND PROFITS TO BE DERIVED FROM UNBILLED SALES OF RM2 BILLIONS (AND COUNTING). AN EXCELLENT 4Q PROFIT COMBINED WITH A FINAL DIVIDEND OF BETWEEN 5 TO 6 SEN WILL SEE SYMLIFE'S SHARE PRICE OVER TO RM1.00 TO 1.25.

LONGER TERM WILL BE RM1.50 WITH CATALYSTS FROM GOOD SALES FROM ALL ITS ONGOING PROJECTS (ALL IN PRIME LOCATIONS LIKE SUNWAY, MONT KIARA AND OF COURSE STAR RESIDENCES)

Posted by Skng Keong > 2017-03-22 22:53 | Report Abuse

Like that sure 2morow up or down???... not those old story.....again.

Posted by Skng Keong > 2017-03-22 22:57 | Report Abuse

Longer term how long, 1,2 3,5 or 10 mths or years..

Posted by Skng Keong > 2017-03-22 22:57 | Report Abuse

Talk is easy...

Posted by kancs3118 > 2017-03-23 07:56 | Report Abuse

@ Darren Liew, actually where is Symlife Sungai Long land ?Is it considered strategic location ?

Posted by Skng Keong > 2017-03-23 08:41 | Report Abuse

As I know is near Land is a few km away from Hulu Langat batu 14 n with alot QURRY. not at SG LONG. I repeat SG LONG TOWNSHIP IS BUILD UP BY SHL,the first devolper BTS = Build Than Sell even now... SG LONG postcode is 43000 under Kaiang. Check the postcode there than say....

Posted by darrenliew > 2017-03-23 10:14 | Report Abuse

SYMLIFE'S 625 ACRES LANDBANK IS IN THE DISTRICT OF KAJANG IN THE VICINITY OF CHERAS WHICH IS ALSO IN THE SAME KAJANG DISTRICT.
CHERAS AND SG LONG ARE VERY WELL DEVELOPED ARES WITH EXCELLENT PUBLIC TRANSPORT INCLUDING LRT AND MRT.
THE GOVT IS ALSO ACQUIRING SOME LAND FROM SG LONG FOR A HIGHWAY. BOOK VALUE RM8 PSF. GOVET OFFERED RM15. SYMLIFE IS ASKING FOR RM30 PSF

Sungai Long is a main township in Kajang, Selangor, Malaysia. The Universiti Tunku Abdul Rahman operates a campus in Sungai Long. It is currently under the administration of local council Majlis Perbandaran Kajang.Wikipedia
SG LONG IS LOCATED EAST OF CHERAS (EG TAMAN CONNAUGHT, TAMAN CHERAS PERDANA, . SRI PETALING, TAMAN OUG, THE MINES RESORT CITY, IN THE DISTRICT OF KAJANG

(CAN VIEW THE LOCATION VIA GOOGLE MAP)

Posted by darrenliew > 2017-03-23 10:18 | Report Abuse

SHL MAY BE THE PIONEER DEVELOPER OF SG LONG TOWNSHIP.

SYMLIFE'S 625 ACRES LANDBANK IN SG LONG IS NOW THE MAIN BENEFICIARY OF SUCH DEVELOPMENT.

Posted by smartInvestor1 > 2017-03-23 10:23 | Report Abuse

Now going up again~~ gogogo

Posted by nooobieee > 2017-03-23 10:26 | Report Abuse

OMG Keong zai
yalor everyday same old story .. like everyone here shock sendiri :)

but you too ... rebut with same old story.. everyday ... tired? no?

sounds like SHL is a safer bet. but so expensive, no money to buy leh

Posted by darrenliew > 2017-03-23 10:38 | Report Abuse

Home > Business > Business News
Wednesday, 22 March 2017
Improved sentiment for Malaysian property sector
BY THEAN LEE CHENG

Read more at http://www.thestar.com.my/business/business-news/2017/03/22/improved-sentiment-for-property-sector/#VjmUiBCi7dR37w79.99
PETALING JAYA: Sentiment for property counters is improving after a two-year lag in the sector’s share price performances with Kenanga Research reversing its call from “neutral” to “buy” for the sector.
Read more at http://www.thestar.com.my/business/business-news/2017/03/22/improved-sentiment-for-property-sector/#VjmUiBCi7dR37w79.99

SYMLIFE HAD ALREADY PAID THE CONVERSION FEES FOR ITS SG LONG LAND FOR MIXED DEVT. SG LONG IS NOW PRIMED FOR DEVT AND SYMLIFE'S UNBILLED SALES AND PROFITS WILL INCREASE SIGNIFICANTLY WITH CONTRIBUTIONS FROM SG LONG TOWNSHIP

Posted by nooobieee > 2017-03-23 10:44 | Report Abuse

nymar Darren zai
enough!! stop being a broken record
this is spamming!

Posted by darrenliew > 2017-03-23 11:06 | Report Abuse

ALL COMMENTS ARE BASED ON FACTS

Posted by darrenliew > 2017-03-23 11:13 | Report Abuse

EG. BIG INCREASES IN ITS SEQUENTIAL QUARTERLY PROFITS, ITS NTA BEING AT A HIGH RM2.12, ITS VERY SUCCESSFUK SALES OF ITS STAR RESIDENCES NEAR THE ICONIC PETRONAS TWIN TOWERS, IT HUGE UNBILLED SALES TOPPING UP TO RM2 BILLIONS, ITS CHEAP HOLDING/OWNERSHIP COST OF SG LONG LAND (BOOK VALUE ONLY RM8 PSF AGST RM30 PSF) ARE ALL REAL

Posted by kancs3118 > 2017-03-23 11:14 | Report Abuse

Actually, if i can choose again, i will invest in SHL. Seriously !!

By the way, Sungai Long land is just slightly more than 300+ acres. Not 600+ acres. Don't forget - they dispose the 300+ acres to pay for conversion fees from quarry land to residential land.

Posted by kancs3118 > 2017-03-23 11:33 | Report Abuse

But then, next quarter, the profit for Symlife will increase again. This is mainly due to both TWY and Star Residences project will start to contribute in a very significant way. In Malaysia, property developers employ progressive billings whereby sales is matched against costs based on progressive billings - resulting in profit to be recognised during the quarter. Currently, the risks facing many high rise projects is that there is not sufficient sales. Hence, the property development costs (expenses) cannot be offset against sales - since there is insufficient sales - and therefore goes through the balance sheet as inventories. Alot of property developers may report higher and better balance sheet due to inventories (unsold houses) pile up and this will increase your NTA. However, don't be fooled by higher and better NTA. There will be a liquidity crunch because contractors and bankers need to get paid. Alot of property developers folded during 1997 Asian Financial Crisis due to cash flow or liquidity issue.

During the AGM 2016, Tan Sri Az,am Yahya has emphasised this point. Twice actually - if you attended AGM 2015 as well. It was his experience cleaning up debt laden property developers during his time at Danaharta that point to this important lesson. Even the CFO is from Danaharta which gives me sufficient assurance that the CFO is alligned to Tan Sri's thinking. To Tan Sri, cash flows is more important than profit for a property developer. That is why he is reluctant to launch a project if the project cannot achieve more than 80% sales. In other words, the project cannot turn into a positive cashflow. However, i think the real test for SymLife is not the share price this coming quarter or the next. It is the upcoming Union Suites RM400M GDV.

For Union Suites, management has reiterated over and over again that they are confident they can successfully sell at least 80%. The proof in the pudding is in the eating. If i do not hold any SymLife shares, i will definitely stand at the sideline wating for Union Suites. Just spend a weekend visiting their sales gallery will confirm the sales status for Union Suites. Hopefully, SymLife can sell more than 80% of Union Suites (and i think they probably will - given Tan Sri's stand). I do not doubt Tam Sri's ability because one of the projects - Desiran Bayu- is actually a BTS. The project is a huge sell out - i think they have sold about 90% of Desiran Bayu in a very tough market last 2 years. Another project was TWY - also a huge sellout in a tough market.

The reason why i favour SHL is because they are a proven developer - compared to SymLife - who employs BTS. If i can choose all over again, i will definitely invest in SHL because at the current low price (lowest for the whole year), the price is a hedge against unforeseen risk. But if you have bought SymLife at RM0.70, then there is nothing to worry :-) About SHL being expensive, expensive is a relative term. I think the correct answer is whether SHL is undervalued at this price. If yes, then it is a steal.

Posted by kancs3118 > 2017-03-23 11:33 | Report Abuse

By the way, where the hell is Sungai Long land? Can someone please tell me....??

Posted by nooobieee > 2017-03-23 12:09 | Report Abuse

wahseh 3118 zai, very lengthy statement
so SHL undervalued or not? the most important question which you didn't answer

Posted by darrenliew > 2017-03-23 12:10 | Report Abuse

KANCS3118. I HAD ALREADY GIVEN THE LOCATION OF SG LONG THIS MORNING. PLSE REFER FURTHER UP. OR CHECK GOOGLE MAP

Posted by nooobieee > 2017-03-23 12:11 | Report Abuse

I noob sked leh. thinking of selling and switching to shl
apa macam keong zai?

Posted by darrenliew > 2017-03-23 14:01 | Report Abuse

KANCS3118. THANKS GOR D INFO CONFIRMING D HIGHLY SUCCESDFUL
SALES OF SYMLIFE^S ONGONG PROJECTS. THESE WILL DEFINITELY BOOST
ITS 4Q RESULTS N PROFITS, GIVE A GOOD DIVIDEND N HENCE PUSH UP ITS
SHARE PRICE

Posted by darrenliew > 2017-03-23 14:04 | Report Abuse

Sorry for typo spelling errors. Using Hp. got fat finger

Posted by Skng Keong > 2017-03-23 16:29 | Report Abuse

Please check the postcode no. than say... SG LONG POSTCODE NO> 43000.

Posted by tamizy > 2017-03-23 16:57 | Report Abuse

Union Suites Sunway, more than 65% booked last month!

Posted by Skng Keong > 2017-03-23 17:30 | Report Abuse

If my friend not worry info, he say Bolton Quarry is under postcode 43100 Hulu Langat.My friend stay near by Quarry Ind. there.

Posted by Skng Keong > 2017-03-23 17:45 | Report Abuse

EARTHWORK will be very costly alot of deep valley for their Hulu Langat project there.

Posted by kancs3118 > 2017-03-23 17:48 | Report Abuse

@ Tamizy; the most important thing is confirmed sales - i.e.; signed SnP and not just pay booking fees nia...
According to the sales staff, the ones who booked is about 70%, but they do expect 50% drop out rate (out of this 70% who booked). Hence, we should be looking at 30% who signed the SnP.

Even if you signed the SnP, there is a provision under the HDA that states you just need to forfeit the first 10% to cancel the house purchase.

Posted by CharlesT > 2017-03-23 17:54 | Report Abuse

Kancs3118 is neutral n rational....