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Overview
Financial Highlight
HeadlinesBusiness Background Syarikat Takaful Malaysia Bhd is a takaful insurance provider in Malaysia and Indonesia. Like insurance, takaful protects participants from loss, but unlike traditional insurance, it adheres to a business model that conforms to Islamic religious law. The company’s business includes participants who pool their money into a Participant Risk Fund, which then has funds available to disburse when a participant is facing a loss. For managing the takaful fund, the company receives a service fee on participant contributions. Syarikat Takaful Malaysia primarily manages family and general takaful businesses, which include medical, motor, and home takaful. The vast majority of the company’s revenue comes from customers in Malaysia.
  paperplane Takaful is well established. i guess not much impact. FWD take over HSBC Insurance, which mainly get sales from HSBC banca. Its not an easy task to move from banca to agency force etc. Different ball game and wont shift the mkt overnight 31/07/2019 11:18 PM  Kadir Almushayah paperplane..yes. don't rule out future merger/acquisitions amongst this big players. Overall I believe it will compliment the Takaful n insurance market in Malaysia. 01/08/2019 9:16 AM lsv1977final Sentiment are not in good shape already. Last time we bought, because monopoly 01/08/2019 9:29 AM abangadik FWD took over HSBC close to 2 years ago. It took them quite sometime to launch their brand. Their Malaysian website is still not supporting online cover. I agree with Paperplane. 01/08/2019 9:29 AM value_invest Insurance sector is undergoing M&A.. lastest is RHB & Tokie marine.. look out for more merger & smaller insurance company 01/08/2019 12:22 PM GSCIM Takaful never a monopoly business. There are a lot big player in the market long time ago. Etiqa, AIA, Prudential and others. Malaysian population is still underserved with only 15%+- with takaful coverage despite our Muslim population is more than 60%. This market has huge potential to grow. 01/08/2019 1:29 PM  valuelurker Wanna sell faster sell ppl dont buy insurance nowadays all pay cash or credit card like ahjibkor trololol 01/08/2019 11:39 PM Kadir Almushayah If Tycoons like Richard Li, Robert Kuok .. chooses Malaysia..it's shows Malaysia is still attractive n a place to invest 02/08/2019 11:09 AM DickyMe If Tycoons like Richard Li, Robert Kuok .. chooses Malaysia..it's shows Malaysia is still attractive n a place to invest Bullshit! You guys stole Kuok's sugar business. Never let enterprises to grow. always jealous like the green eyed monster. Mulut manis, hati busuk macam tahi. 02/08/2019 11:14 AM paperplane Insurance coverage in Malaysia still pretty low. Its a big mkt to tap into still. Why worry. And its never monopoly, there are many players and they did well. Insurance policy holders most of the time is sticky because life insurance is commitments for 20yrs,10yrs. 02/08/2019 11:16 AM DickyMe Insurance is a gamble. A number game based on probabilities and tragedy. The players know a good 80% will fall out and all the premium are 100% free money. The idiots are the policy holders. As investment, no worth the long wait. 02/08/2019 11:21 AM  indon_planter MIDF stated that the growth will normalize. Also on the majority Muslim population - over 70%, don't expect all 70% will buy insurance due to incomes level. Normally only those who are at the middle incomes & above will have awareness to get insurance coverage. Those under low incomes will not get any insurance due to affordability. They will opts for General Hospital if anything happens. 02/08/2019 11:47 AM DickyMe They indirectly force companies to buy. Companies don't kowtow can expect surprise checks under various pretext. That is the game plan employed by previous administration along with religious sidekicks. Diverting business to their entities (GLCs etc) and planting moles in companies. 02/08/2019 11:55 AM valuelurker FY 2015: Net Profit RM156 mil - Share Price ~ RM 4 FY 2019: Net Profit RM300++ mil - Share Price ~ RM 6.14 !!! WTF In the land of lousy tepid growth, TAKAFUL is a GIANT and a SHINING STAR RM 10 cumminggggg 14/08/2019 12:01 AM paperplane hehe. just be patient. FwD adv very hiong, ppl think FwD going to eat up shares? hahaha. lets see. 19/08/2019 2:33 PM GSCIM Volume getting lower but look like the selling pressure haven’t done. Will top up when the heat finally over. 28/08/2019 7:55 PM Abba84 fundamntlly..gone ar the days when tis counter was considered darling stock... 30/08/2019 10:47 AM GSCIM The volume doesn’t enough to sustain this rebound. Becareful but doesn’t matter if u r Long term investor 04/09/2019 6:32 PM Dakewlest I would prefer higher dividend than last year. But both would be better. 13/09/2019 5:24 PM brendonyeap The price movement of takaful is similar to GCB... After a prolonged period of depression, there comes sudden good news that will propel the share prices higher 16/09/2019 7:47 PM remus EPF keep selling Takaful since beginning of 2019; since EPF has 20% in the newly setup FWD which is a competitor, does this means EPF will sell all the shares in Takaful ? if so, EPF owns 12% or 100millions shares, the selling will be very very long any wise man here can estimate when it will end .... ? 20/09/2019 4:32 PM GSCIM Yes, EPF keep selling when the price goes up but they also purchase a lot when takaful drop. I think just normal buy low sell high. It is why takaful hard to go up also. 20/09/2019 7:36 PM brendonyeap If EPF / PNB never buy and sell shares, how will they able to get profits to give us constant good dividends annually? 22/09/2019 11:12 PM brendonyeap @GSCIM. Thanks, i have a lot of Serba, GCB and Takaful shares, bought them cheaply since 2018 22/09/2019 11:14 PM  |
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