Posted by Titan > 2020-01-30 08:20 | Report Abuse

Buying abit more takaful to average down. It has been bashed down due to the coronavirus but so far only 7 cases. Also, if not mistaken there is no coronavirus specific insurance. So if there is claim also, it will be medical card claim. I think the recent CNY ops selamat death recorded higher number than this virus. Bear in mind, what are the chances that the 7 patient is under takaful?.....QR will be out by this friday or earlier.....

Posted by wilsonngoh > 2020-01-30 12:19 | Report Abuse

Waliuuuu.. gg lohh

Posted by syedluqman > 2020-01-30 22:07 | Report Abuse

Good for long term

Posted by moven00 > 2020-01-30 23:40 | Report Abuse

Kimak betui hampa...

Posted by apolloang > 2020-01-30 23:42 | Report Abuse

I no want takaFOOL….hahaha

Posted by moven00 > 2020-01-30 23:45 | Report Abuse

Apollo, sudah downtrend la. Abang kena belasah kaw2 by shark.

Posted by remus > 2020-01-31 16:40 | Report Abuse

Insurance companies will provide coronavirus coverage despite exclusion for diseases with legal quarantine.
--> https://www.thestar.com.my/news/nation/2020/01/31/insurance-companies-will-provide-coronavirus-coverage-despite-exclusion-for-diseases-with-legal-quarantine

Posted by prahadude > 2020-01-31 18:43 | Report Abuse

When QR?

Posted by syedluqman > 2020-01-31 19:31 | Report Abuse

Shark comtinue buy takaful during cheap

Posted by freddiehero > 2020-01-31 20:05 | Report Abuse

let him buy more.. ask him use much more mask for safety la..

Posted by proprop88 > 2020-02-01 17:39 | Report Abuse

hi all taikor .. may i know what's the significant impact on upcoming MRFS change in accounting? it's just on paper right ? the real business still intact.

Posted by DickyMe > 2020-02-01 17:57 |

Post removed.Why?

Posted by RainT > 2020-02-03 09:54 | Report Abuse

can buy this ?

Posted by RainT > 2020-02-03 09:57 | Report Abuse

@porprop88

yes biz still good, Msia is majority Malay so this insurance will be continue grow

but in finance report will show profit affected

usually market will see how is the profit and not rationale will sell down

Posted by RainT > 2020-02-03 10:01 | Report Abuse

buy in batches

Posted by Icon8888 > 2020-02-03 15:53 | Report Abuse

Bought 435

Posted by Icon8888 > 2020-02-03 16:33 | Report Abuse

Why drop so much from RM7 ?

Got anything rotten inside ?

Share share info please

If you know

Posted by Icon8888 > 2020-02-03 16:35 | Report Abuse

If nothing rotten I tempted to buy more

Posted by Icon8888 > 2020-02-03 16:35 | Report Abuse

And buy big

Posted by Up_down > 2020-02-03 16:45 | Report Abuse

Quite tempting at this price level. It’s entirely out of my expectation. The beauty of Mr. Market.

Posted by Picanto > 2020-02-03 17:24 | Report Abuse

Anyone know why QR was late for Q4 2019? It was Jan 24th for Q4 2018.

Posted by Icon8888 > 2020-02-03 17:51 | Report Abuse

I think result must be very shitty

that is why keep dropping

Posted by whizzkid > 2020-02-04 08:58 | Report Abuse

got raped big time.

Posted by rajachulan > 2020-02-04 09:18 | Report Abuse

FFS!... counter like this also goreng...

Posted by RainT > 2020-02-04 10:09 | Report Abuse

look yummy to buy now

Posted by DickyMe > 2020-02-04 10:10 | Report Abuse

It may look yummy but will taste like bittergourd. Full of parasites.

Posted by Titan > 2020-02-04 10:11 | Report Abuse

Not sure anything rotten but the changes in accounting in insurance may impact the result in the short term? I think they can't recognize all the insurance sales into 1 yr and hence the short term earning will be quite horrible. Pls dun shoot me as I'm not familiar with the accounting changes and welcome anyone to comment or share more info.

Posted by eagleis > 2020-02-04 10:15 | Report Abuse

Many years back, I made a lot from this counter. I started to accumulate when it was at RM1.3. After the split, I sold at RM4. I bought back some after seeing goods quarterly results. Avoid this counter, something fishy and shitty going on.

Posted by Titan > 2020-02-04 10:16 | Report Abuse

eagleis...can share what is the fishy and shitty going on?

Posted by Up_down > 2020-02-04 10:26 | Report Abuse

Investment in long term is seen as nonsense in Bursa. Takaful has been posted better QR for the 9 consecutive quarters and yet facing the same fate of dumping due to various 'potentia'l resons haunting its profitability. It's worst than other 2nd lines. Hardly see 2nd liners share performing like Takaful. EPF has changed the role from share stabilizer to manipulator after giving its proxies to manage the portfolio.

Posted by rajachulan > 2020-02-04 10:32 | Report Abuse

just wait the trend change...

Posted by Icon8888 > 2020-02-04 10:32 | Report Abuse

it is true, EPF nowadays very disruptive to the market

shouldn't it be a long term investor ?

Posted by Icon8888 > 2020-02-04 10:34 | Report Abuse

on second thought, never mind ..... without stupid actions by EPF, we where got chance to buy cheap ?

EPF kept dumping MBM Resources, that was why I have chance to buy at RM2.30. Within one year, now is almost RM4.00

Posted by eagleis > 2020-02-04 10:37 | Report Abuse

RHB doesn't want to deal with Takaful 1/7/2020 affects only a few % of the latter's bottom line. But share price can't even hold at 5.1, 4.9, 4.6, 4.3. There must be something!

Posted by Up_down > 2020-02-04 10:44 | Report Abuse

If a 2nd liner counter posting 9 consecutive of better QR profit, it's almost ridiculous to expect its PER drop below 15x. But Takaful is special and exceptional.

Posted by Icon8888 > 2020-02-04 10:48 | Report Abuse

sifu up-down is it safe to buy ?

Posted by Shinnzaii > 2020-02-04 10:55 | Report Abuse

EPF after new gov is like a trader...trade in trade out...market so volatility after new gov takeover...they have to protect EPF saver money also...then squeeze from us larh...if not how they pay dividend?hehe

Posted by DickyMe > 2020-02-04 10:58 | Report Abuse

EPF is a gambling institution not investment grade. Right hand left hand semua ada.

Posted by Up_down > 2020-02-04 11:02 | Report Abuse

Icon8888 sifu. I bought in some since it's so low. Takaful may get back the contract from RHB. RHB is controlled by LTH.

Posted by eagleis > 2020-02-04 11:17 | Report Abuse

RHB is majority owned by EPF, not Tabung Haji.

Posted by Icon8888 > 2020-02-04 11:20 | Report Abuse

sifu up down I bought some at 435

Tumpang your good luck

Posted by Up_down > 2020-02-04 11:22 | Report Abuse

EPF remains the seller of Takaful even though PER dropped until 9.1x with DY 4.75%. You don't really know the yardstick used by EPF to gauge a stock.

Posted by Up_down > 2020-02-04 11:30 | Report Abuse

eagleis. thanks for the correction.

Posted by DickyMe > 2020-02-04 11:31 | Report Abuse

"Posted by Up_down > Feb 4, 2020 11:22 AM | Report Abuse
EPF remains the seller of Takaful even though PER dropped until 9.1x with DY 4.75%. You don't really know the yardstick used by EPF to gauge a stock."

Yardstick? Wonder if they have one. Simply shooting in the dark.

Posted by Junichiro > 2020-02-04 11:33 | Report Abuse

That is how EPF make money. EPF have core holdings of Takaful which it does not touch. Only the portion EPF allocated for trading is now in play. It can sell first n buy back later.It does not have the problem of being caught for short selling.
By that time, a lot of retail players would have lost $$. Then it proceed to buy back. When the stock goes up, retail players will follow. In short, EPF buy at the lowest.
EPF needs profits to distribute dividends to EPF members.

Posted by Junichiro > 2020-02-04 11:36 | Report Abuse

Gone are the days when Valuecap will mop up the shares to stabilize the market. It is no brainer that gomen does not have money.

Posted by Up_down > 2020-02-04 11:48 | Report Abuse

EPF proxies protects the interest of EPF holders? See what happened to Dlady. They are still buying even though it's traded at PER 24x with DY 2.49%. Dlady has been reporting 3 quarters consecutive of profit reduction.

EPF stakes in RHB: 40.62%

LTH stakes in BIMB: 53.82%
EPF stakes in BIMB: 12.57%

BIMB stakes in Takaful: 59.74%
EPF stakes in Takaful: 5.66% ( reduced from 12% in 1 year)

Posted by Ahjib > 2020-02-04 12:01 | Report Abuse

Any reason for the delay in Qtr announcement? Supposedly should be on 24th of Jan

Posted by Up_down > 2020-02-04 12:09 | Report Abuse

Takaful share price has witnessed a non stop bleeding or crashed 26% since 16 Jan 2020. Is it justifiable?

15 Jan 2020 - Price 5.7
16 Jan 2020 ( - 0.59 ) - Discontinued of Banatakaful with RHB
24 Jan 2020 ( - 0.35 ) - Coronavirus
28 Jan 2020 ( -0.24 ) - Coronavirus
3 Feb 2020 ( - 0.25 ) - DJ dropped 600 points
4 Feb 2020 ( - 0.10 ) - Coronavirus or delay QR???

Posted by Choivo Capital > 2020-02-04 12:10 | Report Abuse

To a large extent i prefer Allianz, however at this price, well.