Posted by Kadir > 2020-01-16 12:12 | Report Abuse

Not to worry..short term shock. I believe a new partner will b on board when RHB discontinue

Posted by MingGoon > 2020-01-16 12:14 | Report Abuse

Takaful drop further 5.17.
Scary if drop till less than 5

Posted by Haw Liao > 2020-01-16 12:22 | Report Abuse

good stock also msok longkang...

hopeless

Posted by davidkkw79 > 2020-01-16 12:27 | Report Abuse

Damn... loss 50% sale lei.... really big impact !

Posted by Abang1975 > 2020-01-16 12:38 | Report Abuse

Aiya...ammo sudah abis

Posted by newbie911 > 2020-01-16 12:49 | Report Abuse

Maybank Investment Bank Research said the impending discontinuance of RHB Bank’s BSA with Takaful would, in a worst-case scenario, impact BIMB’s FY20/21E net profit by just 1%/4% respectively, by its estimates. It maintained its Buy on BIMB with an unchanged sum-of-parts of RM5.25.

Maybank Research said it would expect RHB to invite takaful operators to submit new proposals, and it would not preclude Takaful from vying for a new service agreement from the bank.

“By our estimates, RHB contributes to about 10%-15% of Takaful’s gross contributions. A positive scenario would be if Takaful is successful in securing a new BSA from RHB.

Posted by Kadir > 2020-01-16 12:52 | Report Abuse

newbie911..thanks fr sharing

Posted by ahbah > 2020-01-16 12:55 | Report Abuse

The group also commands a superior ROE of c.30% (vs. industry average of 20%) while continuing to be a leader in the takaful insurance space.

ROE = 30% excellent !

Takaful ... excellent BUY !

Posted by newbie911 > 2020-01-16 12:56 | Report Abuse

Adding at 5.15...later drop 5...top up.

Posted by ahbah > 2020-01-16 13:00 | Report Abuse

Maintain OUTPERFORM and TP of RM6.85.

Takaful very chip now at Rm5.13 compared with the TP of Rm6.85 !

Dirt chip ! Guaranti winner !

Posted by Kadir > 2020-01-16 13:06 | Report Abuse

ahbah ...let the dust settle

Posted by ahbah > 2020-01-16 13:08 | Report Abuse

We all pray for a rebound in the pm session.

Posted by Abba84 > 2020-01-16 13:16 | Report Abuse

Its qtr down the line..turmois had jus strted.
Wil it price holds higher on good qtr on 24 /01/2020

Posted by MingGoon > 2020-01-16 14:04 | Report Abuse

Takaful drop more 5.12
So scary, loss on Takaful
Drop less than 5, worse off..

Posted by wunan91 > 2020-01-16 14:37 | Report Abuse

Hey newbie911 it has been confirmed that FWD takaful will replace STMB for bacha partner with RHB. The tender has been submit since end last year. And FWD won it

Posted by Titan > 2020-01-16 14:54 | Report Abuse

In this case the biggest loser in this whole deal is Tabung haji because it own majority 54% in BIMB which then own 60% of takaful. The other owner will be ASBm khazanah and epf. No wonder epf has been reducing its holding in takaful. My average price is 5.34 with today's purchase and after deducting the 20c dividend.

Posted by Kadir > 2020-01-16 15:00 | Report Abuse

Buying opportunity fr those who missed last time round

Posted by Titan > 2020-01-16 15:03 | Report Abuse

cannot buy more le......next batch to buy if it drop below 5

Posted by mf > 2020-01-16 16:14 | Report Abuse

Sell

Posted by Huat1 > 2020-01-16 16:20 | Report Abuse

Better learn before trading stock
We must cut loss faster and let your profit run up.
Why sell when upwards momentum is strong.
Does not make sense, right?

Posted by Huat1 > 2020-01-16 16:23 | Report Abuse

That is why retailers lose big - hold tight tight when price fall; sell too fast and make small profit only because sold to early and miss the uptrend surge

Posted by ahbah > 2020-01-16 16:27 | Report Abuse

Our Dr M got support Takaful ?

Retailers sure kena teruk today !

Posted by ahbah > 2020-01-16 16:36 | Report Abuse

Bank Islam also down a lot.

Dr M got support BIMB ?

Posted by apple168 > 2020-01-16 16:55 | Report Abuse

Kaboom

Posted by davidkkw79 > 2020-01-16 17:09 | Report Abuse

No wonder EPF selling in early, cause they already get to know the new before.

Posted by investortrader88 > 2020-01-16 17:22 | Report Abuse

just bought this stock today.panicked selling on such a good stock.will hold tight with everyone wait for rebound !

Posted by investortrader88 > 2020-01-16 17:22 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/01/16/quick-take-takaful-falls-over-7-to-april-low

Posted by Guardize > 2020-01-16 17:25 | Report Abuse

company announcement no earning impact ....

Posted by Guardize > 2020-01-16 17:27 | Report Abuse

so lucky for people able to grab 5.11

Posted by Sohai Trader > 2020-01-16 17:35 | Report Abuse

https://www.klsescreener.com/v2/announcements/view/3095382

no material impact wor.....

Posted by Guardize > 2020-01-16 17:47 | Report Abuse

with 555mil cash in hand

Posted by popo92 > 2020-01-16 18:26 | Report Abuse

No earning impact FY2021

Posted by investortrader88 > 2020-01-16 18:55 | Report Abuse

16/01/2020 6.85 KENANGA
16/01/2020 6.20 HLG
19/11/2019 7.80 Affin Hwang
31/10/2019 6.70 HLG
25/10/2019 6.60 MIDF
25/10/2019 6.85 KENANGA
25/10/2019 8.40 AffinHwang
09/10/2019 6.30 HLG
02/10/2019 6.30 HLG
01/10/2019 6.85 Rakuten

Posted by Miz Raya Bloom > 2020-01-16 19:37 | Report Abuse

whims ada cerita kelakar, kawan remiser rajin forward2 message, tiba2 takaful down remiser ini melompat terkejut, whims cakap, kan ke rhb DG, remiser ini tanya apa DG, whims kata downgrade - moral of the story jangan asyik forward tanpa baca dan faham isinya kikiki

Posted by ooihk899 > 2020-01-16 20:43 | Report Abuse

I think panic selling intensified after report from Affin Hwang downgrade from RM7.8 to RM5.8 at 11:24 am today.
Grats to those who buy cheap today.

Posted by Kadir > 2020-01-16 20:59 | Report Abuse

Some selling to push down price.

Posted by pang72 > 2020-01-16 22:21 | Report Abuse

My Facebook live Sifu asked to buy...
As usual tat his followers, all kaput!

Posted by Sohai Trader > 2020-01-16 22:25 | Report Abuse

List of bancatakaful partners for Takaful

1 Bank Islam Preferred partner
2 RHB Islamic Preferred partner since Aug-15
3 Affin Islamic Preferred partner since Sep-17
4 Bank Rakyat Preferred partner since Jul-18
5 MBSB Open panel
6 Al-Rajhi Open panel
7 Koperasi Bank Persatuan Open panel
8 Public Islamic Bank Open panel
9 Sabah Credit Corporation Open panel
10 Bank Simpanan Nasional Preferred partner
11 Alliance Islamic Bank Open panel
12 Standard Chartered Saadiq Open panel
13 Agro Bank Open panel
14 SME Bank Open panel
15 AmBank Islamic Preferred partner
16 CIMB Islamic Open panel
17 UOB Open panel

Posted by davidkkw79 > 2020-01-16 22:40 | Report Abuse

Don't forget MFRS17....

Posted by Larrytrader > 2020-01-16 22:54 | Report Abuse

Pang is your sifu botak?

Posted by FOO820313 > 2020-01-16 23:26 | Report Abuse

What is MFRS17...

Posted by kariwong9394 > 2020-01-16 23:30 | Report Abuse

16/01/2020 11:30 PM

Tomolo dare dare to buy in...

No people will know MFRS17 is bad to takaful or good to takaful..

Good company always buy low sell high...

Goodbye my love 我的爱人 爱爱

Posted by RainT > 2020-01-16 23:34 | Report Abuse

Why big drop today ??

Posted by marykhu2850 > 2020-01-17 05:58 | Report Abuse

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

Posted by Eric6790 > 2020-01-17 06:08 | Report Abuse

I think is temporary down only,sure rebound

Posted by ahbah > 2020-01-17 08:45 | Report Abuse

An overreaction by not so smart investors lah.

Posted by Davidl > 2020-01-17 08:56 | Report Abuse

Patiently wait to grab at around 4.50

Posted by Kadir > 2020-01-17 09:16 | Report Abuse

Shld be ok

Posted by investortrader88 > 2020-01-17 09:17 | Report Abuse

yeehaaa. ! huat ahhhhhh !

Posted by YH Chan > 2020-01-17 09:23 | Report Abuse

Market overreacted yesterday. Let's see how much the price can rebound today.