Posted by DividendGuy67 > 2024-07-28 17:14 | Report Abuse

Essentially, HLFG investors are just waiting for him to be "charitable" to unlock value. Too difficult for me.

Posted by DividendGuy67 > 2024-07-28 17:20 | Report Abuse

And guys like him, with tremendous resources, can live to a very advanced age. 80s is still young. Charlie Munger lives up to 99. Public bank founder Teh Hong Piau lives up to 92, and QLC may be longer than him. Technology to prolong lives gets better and better.
As value investors, our timeframe is only 3 years - if it takes longer than 3 years, it will only cause our portfolio to lag. Value investors buy low, aiming to sell high. It's different than dividend investors who buys and hope to hold forever looking for rising dividends for a lifetime to replace active income with passive income. If HLFG dividends is higher at say mid point between EPF and FD, I will buy but at this rate, it's a long wait to see 2.77% rising to 4.5% say. At 3% growth, that's more than 15 years wait. Hence, not suitable for my goals.

Posted by raymondroy > 2024-07-29 02:35 | Report Abuse

ur right DividendGuy67 ..... at such a large sharehoding no one can come close, i still recall the good ol days when hong leong only had stock broking business and was hunting for bankng license but it was frozen, so word has it that QLC being a good kawan of anwar - fin minister then, persuaded latter to put mui bank in cold storage..... not allowed to increase branches or even atm..... and thus was forced to sell to QLC.... those were the days lah, wonder if the kwek singapore and quek malaysia still in good ties?

Posted by Papayashot > 2024-07-29 14:23 | Report Abuse

So DividendGuy67, what QLC going to do? Keep the bulk of shares even after passing?

Posted by Papayashot > 2024-07-30 15:50 | Report Abuse

And DividendGuy67, could you explain why PPHB, quite a good stock (consistent earnings growth, but it is paying very insignificant dividends, less than 1%), why market still buy this share up?

Posted by bullrun168 > 2024-08-28 11:31 | Report Abuse

Walaoeh, what happend ?
Super damn hot man HLFG today !
Now HLFG was traded at @RM18.66 (+0.48) (+2.64 %)
Heng ah, Ong ah, Huat ah !

Posted by UncleFollower > 2024-08-28 17:11 | Report Abuse

Regret lor sold off everything at lows swapped to small mid caps earlier

Posted by speakup > 2024-09-10 20:48 | Report Abuse

This is not a bank. Hong leong bank is bank

Posted by i3gambler > 2 months ago | Report Abuse

Of course it is a bank. It has:
1) Investment banking,
2) Insurance business,
3) Commercial banking via HLBANK.

You see, MAYBANK, CIMB, RHBBANK, PBBANK also have all this commercial banking, investment banking and insurance business. The only thing different is HLFG listed its commercial banking separately.

Posted by snowball2000 > 2 weeks ago | Report Abuse

Overall a good QR, but suffers from forex translation loss...

Posted by Papayashot > 2 weeks ago | Report Abuse

Net profit increases yoy 10%++, growth with 5-yr CAGR of 15%+. However, share price also cannot up... Really dunno what can make this counter up...

Posted by mf > 2 weeks ago | Report Abuse

South Korean won falls sharply after president declares martial law

Posted by snowball2000 > 1 day ago | Report Abuse

HLFG plunging now... What happened? Foreign funds retreating?