Highlights
KLSE: LPI (8621)       LPI CAPITAL BHD MAIN : Finance
Last Price Today's Change   Day's Range   Trading Volume
13.90   0.00 (0.00%)  13.90 - 13.90  100
Trade this stock with up to 3 x trading limit. Find out more.

Overview

Market Cap: 5,538 Million
NOSH: 398 Million
Avg Volume (4 weeks):23,627
4 Weeks Range:13.72 - 14.06
4 Weeks Price Volatility (%):
52.94%
52 Weeks Range:12.60 - 14.30
52 Weeks Price Volatility (%):
76.47%
Average Price Target: 14.80
Price Target Upside/Downside: +0.90

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2021 [#2]  |  05-Aug-2021
Next QR | Est. Ann. Date: 30-Sep-2021  |  15-Oct-2021
T4Q P/E | EY: 15.93  |  6.28%
T4Q DY | Payout %: 5.25%  |  83.66%
T4Q NAPS | P/NAPS: 5.169  |  2.69
T4Q NP Margin | ROE: 20.71%  |  16.88%

Headlines

Date Subject
06-Aug-2021 伦平次季赚8392万 派息29仙
06-Aug-2021 Mplus Market Pulse - 6 Aug 2021
06-Aug-2021 PublicInvest Research Headlines - 6 Aug 2021
06-Aug-2021 LPI Capital - Lower net claims with the non-repeat of fair value losses in 1Q21
06-Aug-2021 LPI Capital - Pain Before Gain
16-Apr-2021 【行家论股/视频】伦平 总保费料温和增长
16-Apr-2021 LPI Capital - Holding up despite a challenging start to the year
16-Apr-2021 PublicInvest Research Headlines - 16 Apr 2021
16-Apr-2021 LPI Capital - Lower effective tax rate in 1Q21 from tax-exempted dividends
29-Mar-2021 今年展望还看疫情 伦平资本逆市成长
04-Feb-2021 【行家论股/视频】伦平 全年派息超越预测
04-Feb-2021 Mplus Market Pulse - 4 Feb 2021
04-Feb-2021 LPI Capital - Robust Dividends
04-Feb-2021 LPI Capital - Subdued GWP growth; lower net claims
04-Feb-2021 LPI Capital - Not Too Bad a Year Despite the Pandemic
18-Oct-2020 LPI Capital - 3Q20 Beat Expectations; Upgrading to Buy
16-Oct-2020 【行家论股/视频】伦平 周息率仍然诱人
16-Oct-2020 Mplus Market Pulse - 16 Oct 2020
16-Oct-2020 LPI Capital -Rebound but 4Q Looks Challenging
16-Oct-2020 LPI Capital - Lower Net Claims Incurred; Drop In Investment Income

Business Background

LPI Capital Bhd is a diversified insurance company that provides a wide range of products. LPI Capital generates revenue by writing premiums on insurance policies that it sells to individuals and businesses. The company’s personal insurance offerings include fire, health, liability, auto, and accident insurance. LPI Capital’s business insurance product portfolio expands on its personal line products by adding marine, glass, and burglary insurance. The company offers flexibility to its corporate customers by providing tailor-made plans for small and midsize enterprises.
Analyze this stock with MQ Trader system

  3 people like this.
 
Lyo82 LPI strength is from mortgage and fire insurance, whereas Allianz is the leader of motor class.
However LPI has a very rich father, the name is PUBLIC BANK. Father wont let son to suffer, right?
16/12/2020 11:57 AM
pushparaj Well said Lyo82, it is a cash cow.
16/12/2020 5:47 PM
Snowpiercer Will the father also do BI to the child?
21/12/2020 2:37 PM
Sarah87 the share price rise of public bank also benefits LPI as LPI own quite a lot of pbbank shares!
23/12/2020 1:30 PM
CakapSohaiThings Post removed. Why?
31/12/2020 9:22 AM
Lyo82 RSS? Pls make it drop more
01/01/2021 9:57 AM
Kon Lim Chai In march 2015, bonus issue 1 for 2. In march 2018, bonus issue 1 for 5.in march 2021, another 3 years later, bonus issue? Bear in mind similar major shareholder in Pbbank declared bonus issue 4 for 1.
12/01/2021 8:54 PM
Kon Lim Chai Dividend declaration is either end of Jan21 or beg. of Feb21. Buy now b4 price is up!
12/01/2021 8:56 PM
Sarah87 There is no any good news that can stimulate the proposal of bonus share anyway. I am also looking forward to the January QR announcement and of course the thick dividen every year around this time of the year !
13/01/2021 10:27 AM
Jeffreyteck Medical and health insurance policies issued by general insurance companies do not provide coverage for pandemics such as Covid-19, the General Insurance Association of Malaysia (PIAM) said today.

“The reason for this is that pandemics have been assumed as a rare event and thus, the absence of wide coverage under most policies. Pandemics are generally a risk with high exposure. As insurance premiums will commensurate with the risk exposure, insurance premiums will naturally be higher if a pandemic is covered,” it said.

“Higher premium may affect consumers’ affordability and accessibility to essential medical health insurance protection,” it added.

... Knowing how much ceo, actuaries, management etc earned, will know why is limited coverage. Lol.
31/01/2021 8:55 AM
Kon Lim Chai Price up substantially. Reasons?
03/02/2021 3:52 PM
VivoPrince Angpow time is round the corner.
03/02/2021 4:13 PM
Sarah87 until now still no news on QR ~~
03/02/2021 4:42 PM
Kensington Higher net profit for the final quarter and 2nd interim dividend of 44 sen/share payable on 1 Mar 2012.
03/02/2021 5:20 PM
Kon Lim Chai Will there be bonus issue? Bonus issue in 2015 and 2018. Now 2021, also 3 yrs later. Follow Pbbank but 3 for 1?
03/02/2021 5:30 PM
Lyo82 Solid performance and good dividend, safe parking for money.
03/02/2021 5:37 PM
Sarah87 i guess 2022 only will have bonus share if economy recover by then
03/02/2021 6:43 PM
Knownfact 1 share b4 3/15 has become 1.8 share on top of Rm4.32 in dividend
05/02/2021 11:10 AM
Trumpet Post removed. Why?
12/02/2021 1:38 PM
Kon Lim Chai I prefer to pick stocks that will increase my wealth.
13/02/2021 8:21 PM
apple168 辉瑞所谓90%有效率是临床试验。大家都懂得辉瑞实验人数不足,临床试验有否造假,只有当事人知道。有人根据辉瑞临床数据,认为它有效率只有29%。以目前的数据显示它的有效率是在29-90%。最终数据需要时间检验,毕竟这是新的技术疫苗—mRNA技术。要知道辉瑞公司的CEO自己都不敢打自家疫苗,可想而知,这新的技术疫苗—mRNA技术,还在研究当中。COVID-19不会因为有了疫苗,就这样结束,有了解药(anti-viral drug) 才是真正解决问题的根本!有新的技术疫苗,有效性29-90%(这么大的有效性差距),就一窝蜂去买复苏股,不就太冲动了吗?一切还言之过早!
17/02/2021 9:49 PM
Swen11 你真的觉得复苏股一定要等到疫苗才会好起来?不要天真了 人民要习惯怎样去应对 公司要改变 人民和公司不会坐着等疫苗 不然全是球人民要等死了 要灵活转变 复苏股也不会告诉你要复苏的时候才叫你买 买的是前景 大公司也都在为疫情也改变操作和运作方式 这才是王道
18/02/2021 11:48 AM
Kon Lim Chai AR is out and share price up substantially today. Look like something sweet on the way!
03/03/2021 6:15 PM
SHOB strong
04/03/2021 2:19 PM
hazli KUALA LUMPUR (March 11): A majority of life insurance companies in the country are extending financial assistance to their policyholders who may develop side effects or complications resulting in hospitalisation from Covid-19 vaccinations.
Life Insurance Association of Malaysia (LIAM) said the coverage includes hospitalisations costs that were medically necessary and reasonable due to side effects from COVID-19 vaccination under the National Covid-19 Immunisation Programme.
A number of life insurance companies are also offering cash relief programme for side effects under their respective Covid-19 vaccine fund or medical assistance programme,” it said in a statement today.
It said the assistance includes reimbursement of medical bills for Covid-19 patients and post Covid-19 vaccination support for hospitalisation due to vaccine side effects; medical assistance and special death benefits; hospitalisation income; and cash relief.
Chief executive officer Mark O’Dell advised policyholders to contact their insurance company to find out more about the assistance offered in the event that they may develop side effects due to the Covid-19 vaccine.
While applauding the government’s proactive efforts to protect the rakyat, he also urged Malaysians to play their part in the COVID-19 battle by registering for the immunisation programme via the MySejahtera application.
12/03/2021 1:00 PM
peng01 bonus issue coming
02/04/2021 3:48 PM
VivoPrince @peng01 Very likely in view up upward price movement even amid bearish market sentiment.
02/04/2021 5:11 PM
Kon Lim Chai 1st QR should be out this week.
12/04/2021 9:22 PM
Sarah87 2nd QR results should be out very soon d~~~~~
12/07/2021 5:06 PM
ahbah Good stock.
12/07/2021 5:09 PM
VivoPrince Angpow time!!!
14/07/2021 11:50 AM
drt6398 Why angpow time?..
14/07/2021 4:32 PM
Bgt 9963 Post removed. Why?
14/07/2021 4:42 PM
Sarah87 I am waiting for the QR~~~~ When will announce?
21/07/2021 3:10 PM
Kalaihselvan Krishnan Why can’t they just publish when to expect the results out? Is it against the law? I see US companies are very transparent. In Malaysia it’s like a surprise
22/07/2021 12:24 PM
Sarah87 For non financial institution yes. But for LPI cant, because it is a financial institution which need to get the approval from BNM for their QR first before it can be released.
22/07/2021 4:44 PM
Kalaihselvan Krishnan Thank you Sarah
22/07/2021 7:41 PM
Kalaihselvan Krishnan No results announced? Maybe they obtain extension.
31/07/2021 12:08 PM
VivoPrince 8.42% rise in net profit for 2Q FY 2021 (to RM109.89 mil) and 29 sen dividend/share.
05/08/2021 12:57 PM
Sarah87 slow and steady increase of dividen YtoY
05/08/2021 1:04 PM
Lawman LPI steady as always. Dividend ex-date on August 20th. PBT increased about 10% compared to Q1. Claims incurred ratio also going even lower to 35.8% payout which is basically unheard of for Malaysian insurance.
05/08/2021 3:48 PM
greenshoot As cars stood idle in people’s driveways and roads were largely deserted during the Covid-19 lockdown (MCO), the number of claims made on motor insurance policies fell sharply.
09/08/2021 6:32 PM
pushparaj Mother Public Bank Is Up Today
24/08/2021 6:49 PM
unicornbird Most of LPI profit comes from Fire insurance. Do you think this model is sustainable?
because their fire insurance is bundled with public bank mortgage, and sell at high mark up. If government start to regulate them, will LPI profit fall drastically?
06/09/2021 7:38 AM
Lawman Fire insurance is mandatory every single year to be paid by every single condo owner. How often does a condo unit ever burn down? Worthwhile reading below.

https://www.thestar.com.my/business/business-news/2020/02/18/fire-insurance-review-would-not-be-overly-detrimental-to-lpi

LPI is one of those companies you can just buy and forget about, and just keep collecting dividends far higher than your bank FD rate. The best listed insurance company in Malaysia, always profitable rain or shine and consistent dividend payer. Sadly, it no longer has the 15-20%+ compounded annual growth it used to have 10 years ago - mainly just a dividend stock now.
14/09/2021 10:21 PM
Sarah87 Totally agree with Lawman ~~~ the best gem !
17/09/2021 9:25 AM
unicornbird Lawman thank you for the good article on fire insurance.
the problem here is that LPI's fire insurance price is much higher than Great eastern. Public bank bundle LPI fire insurance into their mortgage and force borrowers to buy it at about 50% more expensive than market rate.
If bank negara allow borrowers to freely choose their fire insurer, then LPI could suffer?
19/09/2021 2:07 PM
Lawman unicornbird Okay so LPI Gross Written Premiums for Fire insurance in 2020 accounts for 41% of total premiums but accounts for the lions share of underwriting surplus at ~64%. I don't really benchmark between the various insurance providers but it seems that fire insurance only amounts to about RM100+ or less for a typical KL condo per year. This is based on amounts I have been paying for my KL condo properties which non seem to use LPI as the master fire insurance provider.

Not sure how price sensitive customers are as typically condo management committee will be the ones who chooses which insurance provider to use and get a master fire insurance title for the whole condo building. Public Bank bundling mortgage with fire insurance will go on unless government makes a law against this type of practice but in the meantime LPI will keep benefiting as Public Bank customers will keep using the LPI insurance.
19/09/2021 10:03 PM
Lawman So I think issues on fire insurance are quite negligible to LPIs earnings for at least the near/mid term. What is more pressing is that Tan Sri owns ~44% of LPI and at age 91 nobody or at least very few know what will happen in the future to these controlling shares. Who will take over the 44% ownership of LPI and how will LPI management and structure/culture be at that time....
19/09/2021 10:08 PM
unicornbird Lawman thank you for sharing your experience.
the founder's age is also my main concern about buying into LPI & Public bank. they may be taken over by other shareholders which can't manage well.
Fire insurance can be extremely price sensitive, as we move into digital age. they could be bundled into Grab's / Lazada's online packages. LPI benefit currently from gov's ignorance, but don't think the situation will remain for long. Everyone eyeing the fat pie

I dislike also about LPI's focus on fire. If they have more diversified like life insurance, hospitalization, etc. At least they can buffer for shocks
21/09/2021 1:57 PM


TOP ARTICLES

1. 顶级手套业绩逊色 目标价砍至1.68令吉 星洲日報/投資致富‧企業故事
2. 云顶双雄满手“烂牌” 林国泰如何吃糊? 星洲日報/投資致富‧企業故事
3. What happened to Evergrande and its impacts to the steel industry Shiba Capital
4. The Legend of the Chinese Mooncake - Koon Yew Yin Koon Yew Yin's Blog
5. 【行家论股/视频】顶级手套 财测目标价下调 南洋行家论股
6. CALVIN TAN KIND WARNING TO STKOAY (SELL BANK), PANG72 (DON'T CHASE GENETEC), ULARSAWA (GET OUT OF GLOVES) BUY PALM OIL SHARES NOW NOW!! NOW!!! SAFEST THE INVESTMENT APPROACH OF CALVIN TAN
7. Strategy - Assessing impact from Evergrande’s debt crisis AmInvest Research Reports
8. 接种加快 手套跌价 顶级手套具应对之策 星洲日報/投資致富‧企業故事
APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Earn MQ Points while trading with MQ Traders Group
MQ Affiliate
Earn side income from MQ Affiliate Program
 
 

350  226  538  1162 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 PASUKGB 0.0750.00 
 BINTAI 0.655+0.085 
 SERBADK 0.345-0.02 
 TIGER-OR 0.0050.00 
 TANCO 0.245+0.005 
 K1-WC 0.035+0.01 
 KGB-WB 0.895+0.15 
 TOPGLOV 2.79+0.12 
 KAB 0.385+0.01 
 AIMFLEX 0.17+0.005 
PARTNERS & BROKERS