Posted by nemesis > 2017-07-29 13:30 | Report Abuse

Tan Sri Ong Leong Huat is the chairman of OSK property and Pjdev which has been taken private recently...OLH is known to be a very shrewd n prudent investor who has developed OSK into a reputable property giant...I can assure you if OLH has become substantial Shareholder, Symlife will rise above 2.00 as he is a renown intelligent investor...LTH is also another driving force tat will propel Symlife to greater height...

Posted by kancs3118 > 2017-07-29 20:22 | Report Abuse

Normally, people of Ong Leong Huat's calibre will invest based on proxy ...they will not reveal their name...

Posted by nemesis > 2017-07-30 01:53 | Report Abuse

OLH is very cunning businessman...Just look at how he took Pjdev private...He squeezed Sholders to the max depriving them of pjdev's true value...He is seeing growth in Symlife tat is why he acquired Symlife shares..

Posted by nemesis > 2017-07-30 14:25 | Report Abuse

Besides I m optimistic tat even in times of property slump, Symlife is aggressively planning several upcoming projects soon tat should deliver strength to its future growth...I m sure research house will initiate a full coverage of tis gem soon...My target price is focus at 1.60 by year end n 2.20 by 2018...even Ecoworld n Mahsing can't beat Symlife...

Posted by RVI123 > 2017-07-30 21:27 | Report Abuse

Anyone has any news on the Sungai Long project?

Posted by nemesis > 2017-07-30 21:35 | Report Abuse

I guess it is delayed till end of 2018...

Posted by nemesis > 2017-07-30 21:37 | Report Abuse

Even without the Sg Long project, its 1 billion unbilled sales is sufficient to provide earning growth for the next 3 yrs to come...

Posted by kancs3118 > 2017-07-31 12:38 | Report Abuse

but the amount of debt it carries in the balance sheet is huge - at about RM350M.

Posted by Alvinkua > 2017-07-31 13:14 | Report Abuse

I notice that in AR FY2017 page 132 and 133 Symlife has joint a new company with 33.33% cost 5m called Jakel Land Sdn Bhd. Jakel Land SB has 690m total assets and 675m total liabilities. Quite a big amount. Anybody know what is this company?

Posted by maxmax > 2017-07-31 14:32 | Report Abuse

JV with Jakel to develop a mixed development next to Solaris Dutamas ...good good JV

Posted by kancs3118 > 2017-07-31 15:09 | Report Abuse

@ maxmax...please help to furnish more information about about his Jakel Land S/B

Posted by maxmax > 2017-07-31 15:42 | Report Abuse

JV to develop a mixed development beside Solaris Dutamas....good location near to traffic light

Posted by Alvinkua > 2017-07-31 16:12 | Report Abuse

No heard it before. How about GDV?

Posted by maxmax > 2017-07-31 16:14 | Report Abuse

still early

Posted by Alvinkua > 2017-07-31 16:55 | Report Abuse

TQ maxmax

Posted by kancs3118 > 2017-07-31 16:57 | Report Abuse

@ maxmax....mmm...just wanna ask your advice about Star Residence Tower 3. What is the arrangement between SymLife with Ascott ? Whether SymLife has sold 50% to Ascott or Ascott is just managing this 50%? Very confusing leb ...

Posted by maxmax > 2017-07-31 19:29 | Report Abuse

if not mention then should be managing...iguess

Posted by kancs3118 > 2017-07-31 20:35 | Report Abuse

weird,,,,,,,because Focus Malaysia article clearly mentioned that Ascot gonna buy over half of Tower 3

Posted by RVI123 > 2017-08-01 11:54 | Report Abuse

Nemesis, why is Sungai long project delayed to end 2018? They have to revise the plan for better planning?

Posted by Skng Keong > 2017-08-01 13:11 | Report Abuse

Coming 90c below soon......

Posted by darrenliew > 2017-08-01 14:34 | Report Abuse

ALL ONGOING PROJECTS ARE SELLING WELL(ESPECIALLY STAR RESIDENCES DUE TO ITS PRIME LOCATION CLOSE TO PETRONAS TWIN TOWERS. GREAT DEMAND FROM FOREIGN BUYERS. RICH/BIG PROFIT MARGINS HERE)
ITS COMING QUARTER'S RESULTS/PROFITS WILL BE MUCH BETTER.
HENCE ITS OK TO SLIGHTLY DEFER THE DEVT OF ITS SG LONG LANDBANK (DUE TO THE GOVERNMENT'S ACQUISITION OF SOME SOME PORTION OF IT FOR A HIGHWAY WHICH WILL BOOST THE LANDS' ACCESSIBILITY AND VALUE. PLUS TO AMEND ITS MASTERPAN FOR A BETTER TOWNSHIP.

Posted by nemesis > 2017-08-01 15:50 | Report Abuse

Why price drop even after they declared dividend????

Posted by RVI123 > 2017-08-01 16:49 | Report Abuse

Thanks! Darrenliew.

Posted by nemesis > 2017-08-02 10:23 | Report Abuse

Someone disposing intentionally hammering down the price lower for acquisition by certain parties...I m sure someone is acquiring Symlife recently...

Posted by kancs3118 > 2017-08-02 12:37 | Report Abuse

@ nemesis - how you know someone is intentionally disposing SymLife's shares? Maybe SymLife balance sheet is carrying too much debt....hence, sell down lar...

Phariah company...

Posted by darrenliew > 2017-08-02 13:01 | Report Abuse

SYMLIFE HAS A LOT OF GOOD LANDED ASSETS WHICH ARE UNDERVALUED.
IT ALSO HAS MANY ONGOING PROJECTS TO DEVELOP SUCH LANDS AND ALL ARE SELLING VERY WELL DUE TO GOOD LOCATIONS. WITH UNBILLED SALES EXCEEDING 1.2B WHICH ARE BEING PROGRESSIVELY RECEIVED THESE REVENUES WILL SETTLE ALL ITS BORROWINGS.
ITS NEXT QUARTERLY RESULTS WILL SEE HIGHER REVENUES, BETTER PROFITS AND LOWER GEARINGS

Posted by darrenliew > 2017-08-02 13:16 | Report Abuse

PROPERTY COMPANIES USUALLY TAKE BRIDGING LOANS SECURED BY THEIR DEVELOPMENT LANDS. SUCH LOANS WILL BE SETTLED UPON THE LAUNCHING OF THE PROJECTS WITH THEIR SALES PROCEEDS USED AS SETTLEMENTS TO REDEEM THE TITLES (WITH THEIR SUB-DIVIDED TITLES TRANSFERRED TO THE HOUSE PURCHASERS)

Posted by Skng Keong > 2017-08-02 19:23 | Report Abuse

B4 dividends X wil below 90c after dividends wil below 85c....

Posted by darrenliew > 2017-08-02 19:54 | Report Abuse

GOOD NEWS SOON

Posted by nemesis > 2017-08-02 19:57 | Report Abuse

Skng Keong ur wish came true...Very precise prediction...I should have waited a bit longer...I bought at 0.96 recently thought already lowest...

Posted by nemesis > 2017-08-02 20:02 | Report Abuse

Kancs, why are u worrying about its high borrowings...As long as earnings remain strong it will offset the borrowings soon...Anyway I m more interested of its strong growth and its good management n project execution...So organized and aggressive...

Posted by darrenliew > 2017-08-02 20:18 | Report Abuse

BRIDGING LOANS FROM BANKS ARE SECURED BY THE LAND TITLE ON WHICH THE HOUSING PROJECT WILL BE BUILT. TO FINANCE THE DEVELOPER TO BRIDGE THE TIME GAP BETWEEN THE LAUNCHING OF EACH PROJECT AND ITS SALES/COMPLETION. WHEN THE UNITS ARE SOLD, THE SALES PROCEEDS WILL BE USED TO REDEEM THEIR TITLES AMD RELEASED TO THE RESPECTIVE PURCHASERS OR THE END FINANCING BANKS. HENCE EACH BRIDGING LOAN WILL BE SHORT TERM AVERAGING 3 YEARS AND WILL BE SELF- LIQUIDATING AS DESCRIBED ABOVE.

HENCE WE CAN EXPECT ITS GEARING TO BE PROGRESSIVELY REDUCED AS THE VARIOUS PROJECTS PROGRESS TOWARDS THEIR COMPLETION.
WITH UNBILLED SALES AT A ROBUST 1.2B ITS DEBT LEVEL IS RELATIVELY QUITE SMALL.

Posted by Skng Keong > 2017-08-02 21:58 | Report Abuse

2day already touch 90c low, how about 2moro??? let us c first 2moro....

Posted by nemesis > 2017-08-03 00:40 | Report Abuse

Is ok if go lower even better I will buy more...Good for me too....

Posted by darrenliew > 2017-08-03 08:01 | Report Abuse

ACTUALLY ONLY 1x100 SHARES (OR A FRACTION OF 1 LOT) WAS TRANSACTED AT THE PRICE OF 0.90 YESTERDAY.

A FRIEND TOLD ME TO EXPECT A MUCH BETTER 1Q RESULTS WITH REVENUES, PROFITS AND UNBILLED SALES ALL RECORDING STRONG PERFORMANCES.
HE SAID THAT ITS 4Q (FYE31/3/2017) RESULTS MISSED CAPTURING A LARGE PORTION OF UNBILLED SALES ESPECIALLY FROM ITS STAR RESIDENCES PROJECT DUE TO TIMING OF RECEIPTS ISSUES. HOWEVER SUCH BILLINGS/COLLECTIONS FELL INTO ITS 1Q RESULTS.HENCE ITS 1Q RESULTS TO BE RELEASED IN THE NEXT 2 WEEKS WILL SEE A BIG JUMP ON BILLINGS BEING RECOGNISED AS REVENUES AND BOOKED AS PROFITS
SCRUTINISED THE LATEST ANNUAL REPORT AND REVIEWED ALL THE MARKET NEWS AND CONFIRMED THAT SYMLIFE’S SALES PERFORMANCES IN ALL ITS ONGOING PROJECTS ARE INDEED PERFORMING VERY WELL.
ALL THE FACTS POINT TO A VERY GOOD 1Q RESULTS TO BE RELEASED SOON

Posted by darrenliew > 2017-08-03 08:18 | Report Abuse

AGREE WITH nemesis's

Posted by goldisgold > 2017-08-03 08:25 | Report Abuse

Whenever 1mdb shit hit the ceiling this counter take a hit. Indirect result of the friendship the chairman with PM. Fundamentals is intact though.

Posted by darrenliew > 2017-08-03 08:30 | Report Abuse

STRONG FUNDAMENTALS AND REGISTERING BETTER RESULTS EACH SEQUENTIAL QUARTER. PROSPECTS GOOD WITH ALL ITS ONGOING PROJECTS DOING WELL.
ITS STAR RESIDENCES CLOSE TO THE ICONIC PETRONAS TWIN TOWERS IS A HUGE SUCCESS

Posted by darrenliew > 2017-08-03 11:11 | Report Abuse

GREAT BUYING OPPORTUNITY WITH LOW COST PRICE LESS BY ANOTHER 3 SEN
(CUM CASH DIVIDEND OF 3 SEN.EX DATE 3/9/17)

Posted by darrenliew > 2017-08-03 11:24 | Report Abuse

SYMLIFE'S DIVIDEND RECORDS SHOWED IT HAD PAID 5 SEN DIVIDENDS PLUS FREE TREASURY SHARES DISTRIBUTIONS.
WITH INCREASING PROFITS WE CAN SEE ITS DIVIDENDS NORMALISED BACK TO 4 TO 5 SEN PER YEAR.
IT NOW ALSO HOLDS 438,329 TREASURY SHARES WHICH CAN BE DISTRIBUTED ATTHE RIGHT TIME

Posted by siam8888 > 2017-08-03 11:58 | Report Abuse

Why still keeping dropped since announced dividend

Posted by Alvinkua > 2017-08-03 13:22 | Report Abuse

Give u chance to buy at lower price....

Posted by Traderx > 2017-08-03 18:38 | Report Abuse

Hold for now. can top up if go lower.

Posted by siam8888 > 2017-08-04 12:22 | Report Abuse

One day dropped one cent

Posted by Skng Keong > 2017-08-04 13:23 | Report Abuse

I already said X dividends will below 85c....

Posted by red_85 > 2017-08-05 01:48 | Report Abuse

no worries, quarter result coming..is time to collect at such price, it will shoot back above 1 in next 2 week when quarter report almost come out..trust me..this quarter report not bad, according to my insider source..

Posted by kancs3118 > 2017-08-05 07:38 | Report Abuse

@ red85, you sure Bob ? Me scared scared .....pee in my panties liaw...

Posted by nemesis > 2017-08-06 10:04 | Report Abuse

Kancs, come on are u sure u are scared OR u are collecting more n more in the back scene...

Posted by darrenliew > 2017-08-06 12:34 | Report Abuse

SOME PEOPLE HAVE SELFISH ULTERIOR MOTIVES

Posted by darrenliew > 2017-08-06 12:50 | Report Abuse

THIS B***** USED TO SAY HOW GOOD SYMLIFE IS. AND HOW UNDERVALUED IT IS.