Posted by nemesis > 2019-02-28 08:45 | Report Abuse

Totally right...better run away fm company tat has high borrowings before it is too late cos tat portion of debts belong to shareholders, it is our burden...Maintain Sell Symlife!!!

Posted by hng33 > 2019-02-28 10:58 | Report Abuse

sold back symlife at 40.5-41.5

Posted by ivan9511 > 2019-03-01 00:11 | Report Abuse

haha , funny , no eye see better

Posted by zhangliang > 2019-03-06 11:59 | Report Abuse

hugely undervalued prop counter with steady income flow for next 12 months. 45 sens

Posted by zhangliang > 2019-03-06 18:38 | Report Abuse

finally moved right? next stop 45 sens.

Posted by andr > 2019-03-12 12:16 | Report Abuse

Surprised still can find a counter like this, passenger on board.

Posted by bahai4453 > 2019-04-01 12:49 | Report Abuse

Ding dong at 0.40 - 0.42 . zz...zzz...zzzz. This counter no dividends ???

Posted by commonsense > 2019-05-08 09:43 | Report Abuse

Just like a lot of property developer companies, Symphony Life is also currently trading at a very undemanding valuation. Currently the company is trading at a mere PE of around 4x and PB of only 0.3x.

The difference between Symlife with other property developer companies is that their main project, Star Residence (which is the main profit contributor) has a very high take up rate. Star Residence Tower 1 @ 97% take up rate, Tower 2 @ 84% and Retail units @ 89%. Tower 3 will be based on residence and service apartment concept that will be manage by Ascott.

Given the advance stage of the development, investors should see higher profit contribution (under JV result) to grow further in the coming quarters. Refer to this video on the development of Star Residence as of Mar 19. https://www.youtube.com/watch?v=tu1F6aBtCvk . Star Residence project is expected to continue contributing to the group profit until FY21.

After that the company profit should comes from the Lembah Ledang Project covering 19 acres area in Damansara Height located next to Istana Negara. Projected GDV is RM7bil. Symlife portion in the project which is parked under Jakel Land Sdn Bhd is 33%. Other partners are Jakel Group and PNB. The project is expected to be launch in FY21 ( at the tail end of Star Residence project). This will ensure continue profit (assuming a high take up rate) to the group post completion of Star Residence.

Other catalyst would be the progress development of TWY Mont Kiara project which has a take up rate of 98%. The project faced delays from the initial main contractors but Symlife has decided to appoint a new contractor that will help ensure the steady progress of the project.

4Q19 (ending march) will highly likely show an exponential improvement vs 4Q18 result. Hopefully the profit to shareholder will manage to stay above the RM15mil level.

Assuming a target profit of RM60mil in FY20, at the current share price the company is only being valued at a PE of 4.2x and PB of only 0.3x.

Best Regards.

Posted by cherry88 > 2019-06-01 10:57 | Report Abuse

A good potential property company but no dividend. At current environment, dividend is king.

Posted by hng33 > 2019-07-16 11:04 | Report Abuse

bought back symlife at 41sen

Posted by Invest123 > 2019-08-16 17:17 | Report Abuse

Expecting dividend.

Posted by melanie181818 > 2019-08-21 18:26 | Report Abuse

Surprised, still have dreamers here

Posted by pinghai5395 > 2019-08-27 09:16 | Report Abuse

so so result...but up....

Posted by commonsense > 2019-08-28 16:15 | Report Abuse

Hi ping,

Result is actually quite good. The much delayed TWY Mont Kiara has already stated to pick up back pace which means investors could expect a steady revenue and profit from the project for FY20 and 21. Star residence also is on schedule in its construction (result under JV)

In terms of valuation this company is only trading at a mere 3x PE and PB of only 0.3x. Currently its actually the cheapest company in my portfolio. Hopefully the market will notice its very low value .

Best regards

Posted by EatCoconutCanWin > 2019-08-28 18:00 | Report Abuse

no big shark goreng

Posted by nemesis > 2019-08-31 18:50 | Report Abuse

No good...Symlife still saddled with huge debts nn very high Gearing...how they gonna repay all the borrowings? Another Right Issue? Tis is a great concern...

Posted by nemesis > 2019-08-31 18:59 | Report Abuse

A company tat has to rely on huge borrowings to bring in profits n revenue can't be considered a good and strong company...no point having a profitable company but also having a damaged balance sheet tat is gonna hurt investors one day...Right Issue is the greatest Red flag tat investors should detect and run away...A wise management should avoid RI at all cost...Right Issue indicates tat a company's balance sheet n cash flow is shaky n we should never buy it no matter what...

Posted by No right Nor wrong Only to Win > 2019-09-01 12:56 | Report Abuse

Symphony Life: Rights issue undersubscribed by 9.46%. Symphony Life's proposed 1-for-1 rights issue to raise up to RM146.1m was undersubscribed by 9.46%. it said it received total valid acceptances and excess applications for 280.3m rights shares or a subscription rate of 90.5%, compared with the 309.6m made available for subscription under the rights issue. (StarBiz)

WHY MARKET DONT GUVE FACE ONE ?
IS SYM that bad ?

Posted by hng33 > 2019-09-17 10:41 | Report Abuse

sold back symlife at 43-44.5sen

Posted by James Dapat Ong > 2020-01-17 23:25 | Report Abuse

GOOD to collect at low

Posted by enid888 > 2020-02-19 14:53 | Report Abuse

Symlife should report good results for the quarter ending 31/12/19 as more work in progress recognised for Star Residence and Twy projects.

Posted by James Dapat Ong > 2020-02-19 15:51 | Report Abuse

ILLi Kuala Lumpur; illi.com.my

Posted by tumbler > 2020-02-25 12:15 | Report Abuse

Symlife boss was ex khazanah director , member of special economy committee of pm , umno economy advisor , the most beneficial person in changing government. Watchup on tansri azman yahya counter.

Posted by tumbler > 2020-02-27 16:12 | Report Abuse

Earning per sen this quarter 6.51cents. Cummulative 3 quarters 15 cents. PE 2.2. Extremely dam cheap and undervalue GEMS. DONT MISS THE BOAT.

Posted by Anakin55555 > 2020-02-29 21:09 | Report Abuse

Politic stock?

Posted by tumbler > 2020-03-02 11:30 | Report Abuse

This counter current pe only1.857 , with eps 21 last year. This year 3quarters eps 15.37 .

Posted by tumbler > 2020-03-02 11:34 | Report Abuse

Revenue and earning was growth every quarter double digits consistenly since 2017.i think it shall reward shareholdrrs BONUS SHARES.

Posted by tumbler > 2020-03-02 11:37 | Report Abuse

PE ratio 1.85 counter mana mahu cari. Lagipun 2 tahun berturut-turut growth double digits. TP 2.10 based on PE 10. Very big room for the share price to up.

Posted by NoEmo > 2020-03-02 12:53 | Report Abuse

if wanted to invest based on PE, go for Fintec, PE 0.2 for first 3q in fyeMar2020.

Posted by thesteward > 2020-04-06 20:26 | Report Abuse

This stock just buy n keep . FA superb n nta high . Low risk n potentially v high return , Such a gem

Posted by thesteward > 2020-04-07 12:59 | Report Abuse

You both are right kindred spirit !! This is really a gem . Sud be able to go to 50 once ffund comes it. Nta is easily 4 times currently price or more.

Posted by thesteward > 2020-04-08 10:11 | Report Abuse

Congtars those that follow me buy symlife .30.

Now look at prtasco

Posted by powerak > 2020-04-08 17:51 | Report Abuse

Any good news, good closing

Posted by maytehpg > 2020-04-09 06:03 | Report Abuse

thesteward cun cun on both symlfe and prtasco. now moving to ibhd

Posted by thesteward > 2020-04-09 06:35 | Report Abuse

Txs. Yes ibhd will be flying soon

Posted by saltedfish > 2020-04-11 12:49 | Report Abuse

Focus Malaysia rated SYMLIFE as the Top Choice vis-à-vis PB, PE, EPS and NTA

Posted by saltedfish > 2020-04-11 12:50 | Report Abuse

NTA 2.07, share price only 0.365. Surging to 60 sen level soon

Posted by thesteward > 2020-04-14 09:44 | Report Abuse

Yes agree s you salted fish

Posted by 123eztrade > 2020-04-20 13:25 | Report Abuse

what about IWCITY, OCR, ECOWRLD ?

Posted by dxbman > 2020-04-20 13:34 | Report Abuse

Strong sell

Posted by Lukesharewalker > 2020-04-22 13:01 | Report Abuse

Even before MCO only 39 cents

Posted by dxbman > 2020-04-22 13:07 | Report Abuse

Repeat: Strong sell

Posted by Michael Kwok > 2020-04-22 15:41 |

Post removed.Why?

Posted by CharlesT > 2020-04-22 17:02 | Report Abuse

this guy really so powerful ah

Posted by xterrorsinx > 2020-04-22 22:12 | Report Abuse

Lai liao tmr I’m coming in

Posted by Michael Kwok > 2020-04-23 00:23 |

Post removed.Why?

Posted by RedEagle > 2020-04-23 07:29 | Report Abuse

0.46?

Posted by Michael Kwok > 2020-04-23 12:57 | Report Abuse

Please the TP is above.Only worst case scenario.Ong will mari.

Posted by melanie1818181818 > 2020-04-26 21:40 | Report Abuse

PUMP AND DUMP detected. look at the debt!!
so many prop companies cash rich and trading below book value, why pick this one with high debt??? beware of cash call

Posted by Lee Kok Wee > 2020-04-28 05:11 | Report Abuse

https://klse.i3investor.com/blogs/fatprofitstock/2020-04-24-story-h1506106906-MY_PROVEN_WINNING_STOCKS_AND_MY_NEXT_STOCK_IS.jsp