Papayashot

Papayashot | Joined since 2016-02-26

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Stock

2023-11-23 13:44 | Report Abuse

ALLIANZ almost as expensive as its preference share ALLIANZ-PA..

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2023-08-29 22:02 | Report Abuse

It seems that STMB's profit is unaffected by IFRS17.. Surprising indeed.. I think somebody (forgot who) in this forum mentioned before that their profit will be released much much slower under IFRS17?

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2023-08-26 22:39 | Report Abuse

This company is superb in terms of fundamental, but who cares if the Management did not care about small investors by NOT PAYING decent dividends as compared to its peers!

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2023-08-26 22:36 | Report Abuse

Do you guys have the IR contact email of DKSH?

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2023-03-01 14:54 | Report Abuse

Thanks wsb_investor.

Quoted from the link:
"Generally, the impact of guaranteed products is more significant in the increase of the margin, which means property and casualty insurers may benefit more as they offer more guaranteed products than those of life insurers that usually sell savings-type products."

Is Allianz ILP regarded as a type of saving-type product?

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2023-02-28 20:59 | Report Abuse

As analysts covering BP Plastics and Thong Guan, we need to underscore that these companies' stretch films are 100 per cent recyclable, and a substantial part of the raw materials for their stretch films are sourced from recyclable products," CGS-CIMB Research further noted.

Thong Guan's production facilities in Peninsular Malaysia are also completely powered by solar energy, making the company one of the biggest users of this renewable energy in Malaysia.

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2023-02-20 23:25 | Report Abuse

Thanks wsb_investor. The year of IFRS17 has arrived finally.. Hopefully Life's reported profit will not tremendously affected by the bond yield again..

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2022-11-24 12:55 | Report Abuse

Hi wsb_investor, quote from you:

Upon the adoption of FRS 17, the negative revaluation on the group’s life insurance investments, which has dampened the group’s net profit in FY21 and FY22, will no longer have any P&L impact from FY23F
(correct, to some extent)

How would the fair value gain/loss being reflected in IFRS17?

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2022-08-29 18:02 | Report Abuse

Hi wsb_investor, quoted from you "In general, profit will be slower, that is super general. "..

As in MFRS 4, profit for Allianz Life (mainly ILP) is already slow. How come in MFRS 17, profit will be even slower?

Stock

2022-08-29 14:20 | Report Abuse

Quoted from RHB-OSK:
"under the new MFRS 17 standards effective 1 Jan 2023, underwriting profits are to be stretched out across the lifetime of the contract, whereas underwriting losses are charged to the income statement immediately."

Pretty surprising from their statement that the underwriting profit is stretched out throughout the contract period, whereas underwriting loss is charged into the income statement immediately...

RHB-OSK claimed that the reported profit in IFRS 17 might be lower..

Any comments on their statement above?

From their claim, it seems that the profit would emerge slower in IFRS17 as compared to the current accounting practice..

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2022-08-29 12:55 | Report Abuse

wondering on how IFRS 17 will impact on the reporting on this investment fair value gain/loss in the income statement later on.... Any comments fellow investors?

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2022-08-25 14:41 | Report Abuse

hi @wsb_investor, does that mean the reported profit will be less sensitive to the fair value gain/drop in the upcoming IFRS 17?

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2022-08-24 21:59 | Report Abuse

Hi observatory, from slide 7 of Analyst briefing, the fair value loss is -68.6 mil..
But in the Q2-2022 Quarter Report, the 6Month fair value loss is - 594 mil??

Am I wrong somewhere?

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2022-08-24 19:39 | Report Abuse

can anyone advise on how the core profit number is calculated? Would it be fairer if compare core profit y-o-y?

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2022-08-24 19:24 | Report Abuse

Hi observatory, it seems like the whole insurance industry NBV growth is kinda weak.. Wonder whether high inflation plays a role here

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2022-08-24 18:24 | Report Abuse

Hi, may I know why the fair value loss for Allianz General is far far less than Allianz Life? I think most premiums will be invested in bonds right? Both Allianz General and Life invested in different types of bonds kah?

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2022-07-23 18:51 | Report Abuse

Hi superb99, you are sharp. Those dumping at RM 0.38 are exactly those who relentlessly spread good news here lo.. only amateur will be influenced by them.

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2022-07-22 18:00 | Report Abuse

hng33, what's your intention here? I have been noticing you quite often in different forums.. Keep on mentioning your buy and sell prices.. Pretty funny.. Now spreading the old news again. Wanna spread good news to push up price so you can sell to other investors?

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2022-02-23 23:27 | Report Abuse

Hi wsb_investor, did you mean the key is to have more liability (less equity) so that more profit can be generated? Something to do with contract liability?

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2022-02-23 18:30 | Report Abuse

Hi wsb_investor, under ifrs17, will the reported equity will be higher for Allianz, due to the massive ILP products?

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2022-02-23 09:50 | Report Abuse

Hi web_investor, may I know how to calculate NBV margin?

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2022-02-22 22:45 | Report Abuse

It seems that NBV has been hovering around 60 mil for 3 quarters already. Q1 2021 NBV ~ 83 mil.. Wondering how to calculate NBV, is it an indicator on the profit margin of the policy sold?

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2022-01-19 12:11 | Report Abuse

As flood is common nowadays, may I know how an insurer could still ensure they make profit if flood insurance is sold?

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2022-01-11 17:46 | Report Abuse

how u know brothers fight each other?

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2021-12-15 19:14 | Report Abuse

Allianz Malaysia CEO changed to Mr. Wang? Any comments on him guys?

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2021-12-11 15:49 | Report Abuse

hi @wsb_investor, rgd. the impact of covid on Allianz Malaysia's business, am I right to say that the impact is not so much as the net earned premum is still increasing despite covid?

From what I observed (pls correct me if I am wrong), the main reason the profit is dragged is the fair value loss in Life segment. So, can I say that their investment team is not doing a good job in this regard (buy bond at wrong timing)? Nothing to do with covid I believe?

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2021-12-06 22:32 | Report Abuse

Hi all, strange, I could not find Master-Pack Vietnam in the list of properties of the Annual Report. Any reason behind this? I tot Master-Pack Vietnam is 100% wholly owned by Master-Pack Berhad right?

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2021-12-02 18:50 | Report Abuse

wonder what abang Hock is doing.. buy sell buy sell like tat...

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2021-12-01 13:18 | Report Abuse

sigh Karlos, tak habis habis ESOS

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2021-11-30 21:19 | Report Abuse

Ask MR Tan Kang Seng organizes more talks about DPIH (with Peter and Adam Chai), then price would shoot up. Dun forget to issue bonus issue again to jump start..

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2021-11-26 21:03 | Report Abuse

May I know how core profit is calculated? Can anyone advise?

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2021-11-25 22:40 | Report Abuse

Hi wsb_investor, under IFRS17, new business sold in early period still considered loss ah?

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2021-11-25 01:08 | Report Abuse

Hi observatory, I am wondering, what's the use of all this growing ANP and NBV of Life Segment, and meanwhile all the life's profit is dragged by the fluctuating bond interest % (fair value loss)? I am bit puzzled in fact. Reporting increasing premium y-o-y, but once interest % goes up, all the profit masuk longkang.. What's the rationale behind all this number game and I am wondering whether there is a more effective way to understand the whole picture on whether an insurance company is doing well or not?

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2021-11-24 22:01 | Report Abuse

hi wsb_investor, may I know why the investment holding segment keep on making loss all this while?

For this quarter, the loss even worsen to 11 mil.

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2021-11-24 19:45 | Report Abuse

Hi, can anyone pls advise on the investment holding segment of Allianz Malaysia? Investment income 3 million, but PBT is -11.9mil !! I think this is the highest recorded loss before tax reported for investment holding segment of AMB since the past 8 quarters. The Management told that it is due to larger management expenses. Can anyone please explain how they work out the figure? Any impact of IFRS17 on this segment?

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2021-11-16 08:08 | Report Abuse

Oo form strawberry and ice-cream formation

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2021-11-10 23:53 | Report Abuse

As far as I know, ILP profit will be recognized faster under IFRS17. Please correct me if I am wrong..

But, I am unsure about the impact of IFRS 17 on Allianz's book value. Will some portions of the retained earnings be converted to contract liabilities?

Hopefully some insurance experts can shed some lights.

Stock

2021-11-10 23:21 | Report Abuse

Point 4 & 6 seem contradictory?
(4) Embedded value (not required to be disclosed by Malaysia’s life insurers) may be eliminated under IFRS17.
(6) Affin also assumes a 20% reduction in the Allianz Malaysia's estimated EV of RM3 billion.

If EV is eliminated, why Affin assumes 20% reduction of EV?? I am confused

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2021-11-10 22:59 | Report Abuse

Previously @limyuwei gave us a detailed explanation on IFRS17 impact on Allianz.. Hopefully he/she is here to enlighten

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2021-11-03 18:04 | Report Abuse

Hi Scchin how you calculate ah?

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2021-11-01 19:42 | Report Abuse

Actually what's the background of Dato Syed (Executive Chairman of Master)? In the Annual Report, it seems to be no info. at all about the management team...

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2021-10-26 07:29 | Report Abuse

Hi, may I know who is the solar customer of masterpack? Where to get the info?

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2021-10-25 16:57 | Report Abuse

Can you elaborate more @wsb_investor? If bond % high, how to manage that normally?

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2021-10-25 14:17 | Report Abuse

May I know, normally for fund managers like those in big company such as ALLIANZ, etc. how to survive in bond market as the interest % is fluctuating? I am sure they've some ways to protect themselves?

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2021-10-22 12:31 | Report Abuse

I presume diluted earning per share is more meaningful

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2021-10-15 23:13 | Report Abuse

EPF dumps takaful and buy Allianz.. Wondering what happened... Interesting.

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2021-10-14 12:37 | Report Abuse

hi wsb_investor, I tot insurers are not allowed to increase the premium price, as to reduce the burden of customers? Please correct me if I am wrong..

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2021-10-13 23:12 | Report Abuse

Wondering the impact of higher claim in post-pandemic era on insurer such as Allianz....

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2021-10-12 23:06 | Report Abuse

wow, u always buy at the lowest price, my dear auditor.. U r awesome

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2021-10-12 22:28 | Report Abuse

Ic auditor, may I know how u earn from ALLIANZ?
U bought since when?