Posted by bumperProfit88 > 2017-06-13 16:22 | Report Abuse

funds warming up to take position. last call to buy as penny stock!!

Posted by nemesis > 2017-06-13 16:44 | Report Abuse

It is rising up for the coming 1st result which is going to be the largest net profit....I m seeing a total EPS of at least 20 Sen per share for financial yr 2018...

Posted by kancs3118 > 2017-06-13 18:05 |

Post removed.Why?

Posted by slee > 2017-06-13 20:19 | Report Abuse

Another wave coming .

Posted by josephtan > 2017-06-14 00:13 | Report Abuse

ahh.. I will be away most of the time in august.. gonna miss the agm
anyone gonna attend it?

Posted by hng33 > 2017-06-14 09:08 | Report Abuse

sold back all symlife at 1.01-1.02, lock all paper profit, free up capital

Posted by kancs3118 > 2017-06-14 10:33 | Report Abuse

hehehe... I can smell RM1.30 soon...

Posted by kancs3118 > 2017-06-14 10:42 | Report Abuse

Hopefully, RM1 will be the new support line

Posted by nemesis > 2017-06-14 13:12 | Report Abuse

1.60 is my target price by year end....EPS of 20-28 Sen per share for financial yr 2018 with 6 Sen dividend...Most of the 1 billion unbilled sales will be registered as profit in financial yr 2018...So buy it before it is gone up...

Posted by bumperProfit88 > 2017-06-14 14:32 | Report Abuse

agree. eps will be much much better than many other properties stock such as magna
they trade at much higher pe, if were to use the same pe, symlife worth at least rm2

Posted by nemesis > 2017-06-14 15:13 | Report Abuse

Sungai Long is the much awaited main catalyst tat will surely propels Symlife above 2.00...hopefully they will launch it next year targeting the affordable housing segment...

Posted by azlan88 > 2017-06-14 18:58 | Report Abuse

Once they announce the partnership for Sg. Long, sure limit up.

Posted by tankoktong > 2017-06-14 23:31 | Report Abuse

Sg Long project needs partnership meh? If so, with which company?

Posted by bumperProfit88 > 2017-06-15 10:04 | Report Abuse

symlife did JV for most of the huge GDV projects (eg: star residence). it's a good thing to know that the management knows its capability well and not to over-stretch its gearing and cash flow

Posted by bumperProfit88 > 2017-06-15 10:05 | Report Abuse

so, it's very likely symlife will do JV for sg.long because of its GDV up to 8billions
mark my words, if symlife manage to find some big shots funds like EPF, KWAP or TH to join the project, it will limit up several times to >2.00

Posted by bumperProfit88 > 2017-06-15 10:14 | Report Abuse

my statement is based on the following calculation...

8B GDV with profit margin 20% (conservatively speaking) will net 1.6B over 10 years
1.6B = 1600M distributed over 310M shares is 5.16 per share
so for 10 years, each year will earn around 0.516 EPS
using PE 10, it will trade at 5.16. now is only 1.00..

quit talking so much, quickly go load up. btw, profit margin 20% is possible given the dirt cheap land cost.. profit margin could possibly go up to 30%, and that will mean 0.77 EPS... and PE10 will propel it to 7.7...

Posted by kancs3118 > 2017-06-15 12:42 | Report Abuse

Come on....break RM.130 for daddy

Posted by Skng Keong > 2017-06-15 17:02 | Report Abuse

What mei still talk about sg long kampung land!!!...at Hulu Langat, Good part of the land already sold....

Posted by kancs3118 > 2017-06-15 19:10 | Report Abuse

@ azlan88, my wish is just the same as yours...hopefully, SymLife can get a JV partner their Sungai Long land...

Posted by tankoktong > 2017-06-15 19:38 | Report Abuse

bumperProfit88: Thank you very much. You certainly do a lot of homework! Very helpful indeed.

Posted by Skng Keong > 2017-06-15 20:23 | Report Abuse

Can consider YTL LAND & LIEN HOE for long term..

Posted by josephtan > 2017-06-16 01:14 | Report Abuse

agree bumperProfit88, you're spot on !!

Posted by Skng Keong > 2017-06-16 06:59 | Report Abuse

sg long kampung land r full quarry making profit 4 symlife not development making good profit. To early to talk about the development plan at sg long kampung area land there. if I m not wrong 100+ acres good land r sold many years ago, part of the land taken away building high way now, many land left with quarry, operating now n deep valley very high cost for the development, dont just count eggs when chickens r not hatch.
Bander Sg Long under SHL r selling RM738,888 for double storey 20 X 70 if I m not wrong, so how much can sell at the KAMPUNG LAND so how many ppl can afford to buy by that time???...
Just wait for highway complete first than can drive n have a look at the land there. World CRISI might around that time. Development r slowly down now....

Posted by equitydiary > 2017-06-22 18:51 | Report Abuse

Appears like Ascott Star Residences was open for booking in China:

http://q.bctell.com/thread-274-1-1.html

https://freewechat.com/a/MjM5NDcwODAzNQ==/2662641629/1

Posted by equitydiary > 2017-06-22 18:55 | Report Abuse

And in South Korea too:

http://u1int.com/property/index04.php?sno=0&group=basic&code=B13&category=&&abmode=view&no=1510&bsort=&bfsort=

Posted by azlan88 > 2017-06-22 21:58 | Report Abuse

Wow, thank you for the info. In official Ascott website, they have yet to officially unveil their latest project. In the last quarter they have yet to book the unbilled sales, probably SPA not yet signed. Let us see in the current quarter. Nevertheless, the unbilled sales will grow to more than RM1.0 billion from the contribution of Union Suites.

What I understand is Star Residence RT3,

Level 1 - 6 (Parking)
Level 7 - 32 (Hotel - 252 units)
Level 33 - 42 (Public & reserved by developer - 119 units)
Level 43 - 56 (Serviced condominium operated by Ascott - 119 units)

So level 7 - 32 has been taken up Ascott, and they intend to promote the sale of 119 units by earning some commission and also leveraging their trusted brand. If they managed to cross the 75% uptake, the balance 25% would be all their profit.

Posted by Skng Keong > 2017-06-23 08:42 | Report Abuse

Wah now talking about going CHINA.... MUST know China ppl buy 1 porperty in China n get free 1 Malaysia porperty....

Posted by money888888 > 2017-06-23 12:31 | Report Abuse

huhu.. nice. waiting for a good entry price
don't go up first, wait for me!!

Posted by azlan88 > 2017-06-23 22:35 | Report Abuse

The sale would be concluded in Q2 (next quarter) I think. The deal is carried out at RM20psf or RM100psf if we include the rental income for the past 30 years. Based on the recent deal in the same locations, the land would be worth at least RM300psf.

I do not know the exact location of the land. Probably they have a good reason for disposing the land. Nevertheless, I hope they would launch RT3 in July as per plan.

Posted by kancs3118 > 2017-06-23 23:26 | Report Abuse

@ Azlan88,
Sigh...the sale of the Taman Midah, Cheras land is highly favourable to the buyer. From the past AGM 2015, Tan Sri has mentioned before that the lessee is Tesco. Some of the forumers here has mentioned before that the land is where Tesco Cheras is currently located. Don't know how true is that.

However, the old Bolton was really cash strapped (after the 1997 Asian Financial Crisis) and they entered into a loop sided agreement with Tesco to lease the land for 30 years (from 1998 to 2028) and received the upfront RM30M odd payment. The stupid thing is the inclusion of the clause that Tesco (the lessee) has the right to extend the lease. The lessee is effectively "owning" the land for close to the next 40 years. Should the clause was not inserted, i bet Tan Sri would fight to get a more competitive rate judging at how he fought with Ahmad Zaki. Hence, the land is virtually useless to SymLife because they cannot develop it. Hence, it explains why the land was disposed at pittance on the dollar.

Posted by kancs3118 > 2017-06-23 23:26 | Report Abuse

Anyone can help to shed light on the sales progress at Union Suites?

Posted by kancs3118 > 2017-06-23 23:29 | Report Abuse

@ Azlan88, for the Ascott Hotel acquiring a portion of RT3, can i ask ?

(1): SymLIfe only need to sell Level 33 to 42?
(2): The rest are all sold to Ascott?

Is that right>??
Thanks in advance.

Posted by nemesis > 2017-06-25 16:00 | Report Abuse

The sale of the Tmn Midah cheras land will result in a net gain of 7 million net gain equivalent to EPS of 2 Sen per share...So we can expect 2018 financial result to be a record year with EPS of more than 20 Sen per share...target price is upgraded to 1.68-1.80...

Posted by azlan88 > 2017-06-26 10:24 | Report Abuse

Oo. Tesco land. Visible from MRR2. Yes, when I read the description looks like it is a lopsided agreement. The land must be good if its developed since it is located between 2 major roads. However not all is lost.

Symlife needs to sell from level 33 until 56. As for level 43 to 56, I believe they will rely on Ascott branding to push for sale. In the meantime, Ascott would receive some commission if they manage to sell some of the unit (from 43 - 56)

Posted by enid888 > 2017-06-26 23:42 | Report Abuse

I think Symlife should not sell the Taman Midah land. Symlife should negotiates with Tesco and should even compensate Tesco to get back the land early. Even if it has to pay back the amount of RM30mil (RM80/sq.ft.) that Symlife received earlier, it is still worth to do that. The location of the land is too good to part itself from it.

Posted by hng33 > 2017-06-28 09:51 | Report Abuse

bought back symlife at 1.01

Posted by CharlesT > 2017-06-28 10:50 | Report Abuse

But u are likely sell all tmr to reap for 1 or 2 cents handsome gain.....

Posted by kancs3118 > 2017-06-28 21:57 | Report Abuse

Star Residences is a done deal. Now, pending the sales performance for Union Suites.

Just a wishful thinking. Maybe KWSP will enter into a deal with Symlife to co-develop the Bandar Sungai Long.

Posted by nemesis > 2017-06-29 00:07 | Report Abuse

Maybe Symlife will also be chosen for the Bandar Malaysia project!!!

Posted by kancs3118 > 2017-06-29 06:48 | Report Abuse

Hahaha...that is not going to happen

Posted by kancs3118 > 2017-07-01 01:04 | Report Abuse

Union Suites sales is hitting 40 percent

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

when AGM??

Posted by darrenliew > 2017-07-03 21:24 | Report Abuse

AGMS IN THE PAST WERE HELD IN SEPTEMBER EXCEPT FOR ITS LAST ONE WHICH WAS HELD IN LATE AUGUST

Posted by darrenliew > 2017-07-04 09:14 | Report Abuse

MANY POSITIVE CATALYSTS TO STRENGTHEN THE PRICE UPTREND OF SYMLIFE THIS MONTH AS WE MOVE CLOSER TO :-

ITS ANNOUNCEMENT THIS MONTH TO SET THE DATES FOR ITS AGM AND THE EX-DATE FOR PAYMENT OF ITS 3 SEN DIVIDEND IN AUGUST

RELEASE OF ITS 1Q RESULTS. LIKELY A MUCH STRONGER SET OF RESULTS AS ITS 4Q RESULTS DID NOT INCLUDE ITS BIG UNBILLED SALES FOR ITS HIGHLY SUCCESSFUL STAR RESIDENCES

WILL DO MORE RESEARCH TO PROVIDE MORE DETAILS ON THESE UPCOMING CATALYSTS

Posted by darrenliew > 2017-07-04 09:27 | Report Abuse

AGM FOR LAST YEARS WAS ANNOUNCED ON 27TH JULY SETTING THE DATE FOR ITS ANNUAL GENERAL MEETING ON 24/8/16

HENCE ITS SHARE PRICE WILL LIKELY GATHER STRONGER UPWARD MOMENTUM THIS MONTH

Posted by darrenliew > 2017-07-04 10:09 | Report Abuse

TREASURY SHARES. SYMLIFE HOLDS 438,329 OF TREASURY SHARES WHICH IT CAN EASILY DECIDE TO DISTRIBUTE TO ITS SHARE HOLDERS. POSITIVE FOR SHAREHOLDERS' GOODWILL AND YET DO NOT AFFECT ITS CASH FLOWS AND NO EARNINGS/EPS DILUTION.
GOOD TO PROPOSE THIS AT THE COMING AGM

Posted by kancs3118 > 2017-07-04 11:06 | Report Abuse

@ Darren Liew, anything else that is new?

Posted by darrenliew > 2017-07-04 16:05 | Report Abuse

SG LONG LANDBANK. ITS HUGE AND IS RIPE FOR DEVELOPMENT TO UNLOCK ITS VALUE FOR SHAREHOLDERS. BOOK VALUE ONLY AT RM8 PSF. BASED ON CURRENT MARKET VALUATION ITS UPSIDE POTENTIAL WILL ALSO BE HUGE.
AGREES WITH AN EARLIER POSTING THE DESIRABLE CATALYST WILL BE SIGNING A CASH RICH JOINT VENTURE PARTNER LIKE KWAP TO DEVELOP IT.
THIS LANDBANK ALONE WILL SUSTAIN AN INCREASING FLOW OF REVENUES AND PROFITS FOR SYMLIFE FOR THE NEXT 10 YEARS
WHEN THIS HAPPENS IT WILL BECOME A REALLY GREAT PRICE CATALYST. HAS THE POTENTIAL TO GO LIMIT UP.
IT CAN BECOME A REALITY. THEIR JOINT VENTURE WITH UM LAND FOR ITS VERY SUCCESSFUL STAR RESIDENCES NEAR THE ICONIC PETRONAS TWIN TOWERS IS A GOOD EXAMPLE.

Posted by darrenliew > 2017-07-04 21:12 | Report Abuse

IDEALLY IT WILL BE BEST TO SIGN UP SEVERAL STRATEGIC JOINT VENTURE PARTNERS FOR ITS HUGE SG LONG LANDBANK WITH EACH PARTNER ALLOTTED CERTAIN PARCELS. PROSPECTIVE PARTNERS INCLUDE UM LAND( ITS PARTNER FOR ITS RUN AWAY SUCCESS "STAR RESIDENCES"). ECOWORLD FOR ITS PROPERTY DEVELOPMENT EXPERTISE AMD GOOD BRAND NAME. KWAP CAN ALSO BE ROPED IN FOR ITS DEEP CASH RESOURCES.

SYMLIFE PROVIDES ITS LAND (WHICH IT ALREADY OWNS AT VERY LOW COSTS (BOOK VALUE RM8 PSF) WHILE THE PARTNERS WILL UNDERTAKE THE CONSTRUCTION WORKS AND BEAR THE COSTS. THE COMPLETED UNITS TO BE APPORTIONED AS AGREED.

BIG ADVANTAGES TO SYMLIFE :-
1) WITH SEVERAL J/V PARTNERS CARRYING OUT THE DEVT, THE LANDBANK CAN BE DEVELOPED FASTER . GDVs AND REVENUES/PROFITS CAN BE GENERATED FASTER
2) MINIMAL COSTS,LOWER GEARING AND BETTER FREE CASH FLOWS FOR SYMLIFE AS IT MAINLY PROVIDES THE LAND WHILE THE J.V PARTNERS WILL BE RESPONSIBLE FOR THE COMPLETION OF THE DEVELOPMENTS
3) SYMLIFE'S PROFITS WILL INCREASE RAPIDLY AND BE ABLE TO PAY OUT HIGHER DIVIDENDS

Posted by darrenliew > 2017-07-04 21:33 | Report Abuse

SYMLIFE IS CAPABLE OF DEVELOPING ITS SG LONG LANDBANK ON ITS OWN BUT DUE TO ITS HUGE ACREAGE IT MAY HAVE TO DEVELOP IT MORE GRADUALLY.

TO DO IT VIA SEVERAL STRATEGIC J.V PARTNERS SYMLIFE WILL INSTANTLY BECOME A RAPID GROWTH COMPANY. FASTER N GREATER VALUES WILL BE CREATED FROM ITS SG LONG LAND.

THIS CAN BECOME THE GREAT PRICE CATALYST FOR SYMLIFE