Our TP is reduced to RM0.60 (from RM0.90). Our TP is based on a GGM-derived PBV of 0.45x ascribed to FY21E BVPS. We view its targeted PF loans growth to be at risk given the current challenging times with its volatile impairment allowances leading to elevated credit costs ahead. Downgrade to UNDERPERFORM. --- KENANGA

Our TP is reduced to RM0.60 (from RM0.90). Our TP is based on a GGM-derived PBV of 0.45x ascribed to FY21E BVPS. We view its targeted PF loans growth to be at risk given the current challenging times with its volatile impairment allowances leading to elevated credit costs ahead. Downgrade to UNDERPERFORM. --- KENANGA

Already up too much. Wait for 0.5--0.60

good news for this stock?

termiskin bernilai RM150 juta.
Kerajaan juga akan meneruskan pelaksanaan semua projek
yang diperuntukkan dalam Belanjawan 2020 termasuk ECRL,
MRT2 serta Pelan Gentian Optik dan Kesalinghubungan
Negara. Usaha ini selaras dengan fokus Kerajaan untuk
memastikan pertumbuhan ekonomi kekal mampan.

The World Health Organization declared on Thursday that the new coronavirus outbreak was a global health emergency, acknowledging that the disease represents a risk outside of China, where it emerged last month.

The declaration — officially called a Public Health Emergency of International Concern — serves notice to all United Nations member states that the world’s top health advisory body rates the situation as serious.

Countries can then decide whether to close their borders, cancel flights, screen people arriving at airports or take other measures.

OTHERS SYARIKAT TAKAFUL MALAYSIA KELUARGA BERHAD ("STMKB" OR "THE COMPANY") BANCATAKAFUL SERVICE AGREEMENT BETWEEN STMKB AND RHB ISLAMIC BANK BERHAD ("RHB ISLAMIC BANK")

SYARIKAT TAKAFUL MALAYSIA KELUARGA BERHAD
TypeAnnouncementSubjectOTHERS
DescriptionSYARIKAT TAKAFUL MALAYSIA KELUARGA BERHAD ("STMKB" OR "THE COMPANY") BANCATAKAFUL SERVICE AGREEMENT BETWEEN STMKB AND RHB ISLAMIC BANK BERHAD ("RHB ISLAMIC BANK")

Introduction We refer to our previous announcement dated 26 August 2015 on Bancatakaful Service Agreement between STMKB and RHB Islamic Bank. STMKB wishes to announce that the first 5-year term (“First Period”) of the Bancatakaful Service Agreement will expire on 31 July 2020. RHB Islamic Bank had vide a letter dated 15 January 2020 notified STMKB of its decision not to opt for second 5-year term of Bancatakaful Services with STMKB after the expiry of the First Period of the Bancatakaful Service Agreement. Financial Effects The expiry of First Period of the Bancatakaful Service Agreement will not have any effect on STMKB’s share capital and substantial shareholders’ shareholdings. There will also be no material effect on STMKB Group‘s earnings per share and net assets per share for the financial year ending 31 December 2020. Interests of Directors, Major Shareholders and/or Persons Connected with Directors/Major Shareholders There are no directors, major shareholders and/or persons connected with directors or major shareholders of STMKB have any interest, direct or indirect in the abovementioned. This announcement is dated 16 January 2020. 




Announcement Info

Company NameSYARIKAT TAKAFUL MALAYSIA KELUARGA BERHADStock NameTAKAFULDate Announced16 Jan 2020CategoryGeneral Announcement for PLCReference NumberGA1-16012020-00078

what's wrong?

oh no, many run over to Revenue..

- Short-Term Target Price pegged to P/BV 4.75x - RM7.50 (1-3 months)

- Target Price based on P/E 18x - RM8.28 (similar to LPI)

- Target Price based on P/BV 6x - RM9.48 (historical P/BV)



- Target Price based on P/E 18x - RM8.28 (similar to LPI)

- Target Price based on P/BV 6x - RM9.48 (hist

- Target Price based on P/E 18x - RM8.28 (similar to LPI)

- Target Price based on P/BV 6x - RM9.48 (historical P/BV)

Interim Dividend of 20 sen per ordinary share.. Best time to invest now