LPI CAPITAL BHD

KLSE (MYR): LPI (8621)

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Last Price

13.10

Today's Change

-0.02 (0.15%)

Day's Change

13.10 - 13.20

Trading Volume

16,300


3 people like this.

466 comment(s). Last comment by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ 2022-05-18 20:19

Posted by Kon Lim Chai > 2021-02-03 15:52 | Report Abuse

Price up substantially. Reasons?

VivoPrince

124 posts

Posted by VivoPrince > 2021-02-03 16:13 | Report Abuse

Angpow time is round the corner.

Sarah87

43 posts

Posted by Sarah87 > 2021-02-03 16:42 | Report Abuse

until now still no news on QR ~~

Kensington

145 posts

Posted by Kensington > 2021-02-03 17:20 | Report Abuse

Higher net profit for the final quarter and 2nd interim dividend of 44 sen/share payable on 1 Mar 2012.

Posted by Kon Lim Chai > 2021-02-03 17:30 | Report Abuse

Will there be bonus issue? Bonus issue in 2015 and 2018. Now 2021, also 3 yrs later. Follow Pbbank but 3 for 1?

Lyo82

389 posts

Posted by Lyo82 > 2021-02-03 17:37 | Report Abuse

Solid performance and good dividend, safe parking for money.

Sarah87

43 posts

Posted by Sarah87 > 2021-02-03 18:43 | Report Abuse

i guess 2022 only will have bonus share if economy recover by then

Petronas

815 posts

Posted by Petronas > 2021-02-12 13:38 |

Post removed.Why?

Posted by Kon Lim Chai > 2021-02-13 20:21 | Report Abuse

I prefer to pick stocks that will increase my wealth.

apple168

6,234 posts

Posted by apple168 > 2021-02-17 21:49 | Report Abuse

辉瑞所谓90%有效率是临床试验。大家都懂得辉瑞实验人数不足,临床试验有否造假,只有当事人知道。有人根据辉瑞临床数据,认为它有效率只有29%。以目前的数据显示它的有效率是在29-90%。最终数据需要时间检验,毕竟这是新的技术疫苗—mRNA技术。要知道辉瑞公司的CEO自己都不敢打自家疫苗,可想而知,这新的技术疫苗—mRNA技术,还在研究当中。COVID-19不会因为有了疫苗,就这样结束,有了解药(anti-viral drug) 才是真正解决问题的根本!有新的技术疫苗,有效性29-90%(这么大的有效性差距),就一窝蜂去买复苏股,不就太冲动了吗?一切还言之过早!

Swen11

17 posts

Posted by Swen11 > 2021-02-18 11:48 | Report Abuse

你真的觉得复苏股一定要等到疫苗才会好起来?不要天真了 人民要习惯怎样去应对 公司要改变 人民和公司不会坐着等疫苗 不然全是球人民要等死了 要灵活转变 复苏股也不会告诉你要复苏的时候才叫你买 买的是前景 大公司也都在为疫情也改变操作和运作方式 这才是王道

Posted by Kon Lim Chai > 2021-03-03 18:15 | Report Abuse

AR is out and share price up substantially today. Look like something sweet on the way!

Posted by davidcopper > 2021-03-04 14:19 | Report Abuse

strong

peng01

61 posts

Posted by peng01 > 2021-04-02 15:48 | Report Abuse

bonus issue coming

VivoPrince

124 posts

Posted by VivoPrince > 2021-04-02 17:11 | Report Abuse

@peng01 Very likely in view up upward price movement even amid bearish market sentiment.

Posted by Kon Lim Chai > 2021-04-12 21:22 | Report Abuse

1st QR should be out this week.

Sarah87

43 posts

Posted by Sarah87 > 2021-07-12 17:06 | Report Abuse

2nd QR results should be out very soon d~~~~~

ahbah

5,090 posts

Posted by ahbah > 2021-07-12 17:09 | Report Abuse

Good stock.

VivoPrince

124 posts

Posted by VivoPrince > 2021-07-14 11:50 | Report Abuse

Angpow time!!!

drt6398

106 posts

Posted by drt6398 > 2021-07-14 16:32 | Report Abuse

Why angpow time?..

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-14 16:42 |

Post removed.Why?

Sarah87

43 posts

Posted by Sarah87 > 2021-07-21 15:10 | Report Abuse

I am waiting for the QR~~~~ When will announce?

Posted by Kalaihselvan Krishnan > 2021-07-22 12:24 | Report Abuse

Why can’t they just publish when to expect the results out? Is it against the law? I see US companies are very transparent. In Malaysia it’s like a surprise

Sarah87

43 posts

Posted by Sarah87 > 2021-07-22 16:44 | Report Abuse

For non financial institution yes. But for LPI cant, because it is a financial institution which need to get the approval from BNM for their QR first before it can be released.

Posted by Kalaihselvan Krishnan > 2021-07-22 19:41 | Report Abuse

Thank you Sarah

Posted by Kalaihselvan Krishnan > 2021-07-31 12:08 | Report Abuse

No results announced? Maybe they obtain extension.

VivoPrince

124 posts

Posted by VivoPrince > 2021-08-05 12:57 | Report Abuse

8.42% rise in net profit for 2Q FY 2021 (to RM109.89 mil) and 29 sen dividend/share.

Sarah87

43 posts

Posted by Sarah87 > 2021-08-05 13:04 | Report Abuse

slow and steady increase of dividen YtoY

Lawman

86 posts

Posted by Lawman > 2021-08-05 15:48 | Report Abuse

LPI steady as always. Dividend ex-date on August 20th. PBT increased about 10% compared to Q1. Claims incurred ratio also going even lower to 35.8% payout which is basically unheard of for Malaysian insurance.

Posted by greenshoot > 2021-08-09 18:32 | Report Abuse

As cars stood idle in people’s driveways and roads were largely deserted during the Covid-19 lockdown (MCO), the number of claims made on motor insurance policies fell sharply.

pushparaj

198 posts

Posted by pushparaj > 2021-08-24 18:49 | Report Abuse

Mother Public Bank Is Up Today

Posted by unicornbird > 2021-09-06 07:38 | Report Abuse

Most of LPI profit comes from Fire insurance. Do you think this model is sustainable?
because their fire insurance is bundled with public bank mortgage, and sell at high mark up. If government start to regulate them, will LPI profit fall drastically?

Lawman

86 posts

Posted by Lawman > 2021-09-14 22:21 | Report Abuse

Fire insurance is mandatory every single year to be paid by every single condo owner. How often does a condo unit ever burn down? Worthwhile reading below.

https://www.thestar.com.my/business/business-news/2020/02/18/fire-insu...

LPI is one of those companies you can just buy and forget about, and just keep collecting dividends far higher than your bank FD rate. The best listed insurance company in Malaysia, always profitable rain or shine and consistent dividend payer. Sadly, it no longer has the 15-20%+ compounded annual growth it used to have 10 years ago - mainly just a dividend stock now.

Sarah87

43 posts

Posted by Sarah87 > 2021-09-17 09:25 | Report Abuse

Totally agree with Lawman ~~~ the best gem !

Posted by unicornbird > 2021-09-19 14:07 | Report Abuse

Lawman thank you for the good article on fire insurance.
the problem here is that LPI's fire insurance price is much higher than Great eastern. Public bank bundle LPI fire insurance into their mortgage and force borrowers to buy it at about 50% more expensive than market rate.
If bank negara allow borrowers to freely choose their fire insurer, then LPI could suffer?

Lawman

86 posts

Posted by Lawman > 2021-09-19 22:03 | Report Abuse

unicornbird Okay so LPI Gross Written Premiums for Fire insurance in 2020 accounts for 41% of total premiums but accounts for the lions share of underwriting surplus at ~64%. I don't really benchmark between the various insurance providers but it seems that fire insurance only amounts to about RM100+ or less for a typical KL condo per year. This is based on amounts I have been paying for my KL condo properties which non seem to use LPI as the master fire insurance provider.

Not sure how price sensitive customers are as typically condo management committee will be the ones who chooses which insurance provider to use and get a master fire insurance title for the whole condo building. Public Bank bundling mortgage with fire insurance will go on unless government makes a law against this type of practice but in the meantime LPI will keep benefiting as Public Bank customers will keep using the LPI insurance.

Lawman

86 posts

Posted by Lawman > 2021-09-19 22:08 | Report Abuse

So I think issues on fire insurance are quite negligible to LPIs earnings for at least the near/mid term. What is more pressing is that Tan Sri owns ~44% of LPI and at age 91 nobody or at least very few know what will happen in the future to these controlling shares. Who will take over the 44% ownership of LPI and how will LPI management and structure/culture be at that time....

Posted by unicornbird > 2021-09-21 13:57 | Report Abuse

Lawman thank you for sharing your experience.
the founder's age is also my main concern about buying into LPI & Public bank. they may be taken over by other shareholders which can't manage well.
Fire insurance can be extremely price sensitive, as we move into digital age. they could be bundled into Grab's / Lazada's online packages. LPI benefit currently from gov's ignorance, but don't think the situation will remain for long. Everyone eyeing the fat pie

I dislike also about LPI's focus on fire. If they have more diversified like life insurance, hospitalization, etc. At least they can buffer for shocks

guppycrow

96 posts

Posted by guppycrow > 2021-10-06 08:57 | Report Abuse

Proxy stock preferrential horizon betapro global buy uptick.

goody99

1,578 posts

Posted by goody99 > 2021-10-18 09:49 | Report Abuse

I ask the following question in MNRB forum but no response. Maybe someone here is able to help:

for an insurance company, the problem is usually the motor claims. Do insurance companies benefited from lockdown as there are less motor theft? Could someone in the general insurance industry please enlighten us?

Posted by unicornbird > 2021-11-21 16:40 | Report Abuse

goody i think insurance company benefit from it. Less traffic, less accident, less payout. But premium is the same

Posted by whocare1982 > 2021-12-17 19:00 | Report Abuse

https://youtu.be/Fyp5TgesJwY
EP7:Public Bank,Maybank,CIMB ,Hong Leong Bank,LPI Capital Target Price & Technical Analysis!

quekkeong

71 posts

Posted by quekkeong > 2021-12-24 21:52 | Report Abuse

rce

VivoPrince

124 posts

Posted by VivoPrince > 2022-01-10 15:49 | Report Abuse

Countdown to angpow time has begun.

VivoPrince

124 posts

Posted by VivoPrince > 2022-01-22 08:40 | Report Abuse

Prospect for "angpow" is probably keeping LPI's share price steady. Can LPI also usher in the prospect of a bonus issue in the Year of the Tiger?

Sarah87

43 posts

Posted by Sarah87 > 2022-01-31 15:05 | Report Abuse

Looking forward to LPI dividen this coming February!!!!!!

VivoPrince

124 posts

Posted by VivoPrince > 2022-02-07 14:08 | Report Abuse

45 sen/share second interim dividend for FY2021.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-05-18 20:19 | Report Abuse


All values MYR Thousands.
2021
2020
2019
2018
2017
5-year trend


Cash Dividends Paid - Total
(290,820.0)
(282,852.0)
(274,884.0)
(252,973.0)
(272,228.0)

====

KEY STOCK DATA
P/E Ratio (TTM)
16.90(05/18/22)
EPS (TTM)
RM0.81
Market Cap
RM5.43 B (RM 13.74 per share)
Shares Outstanding
N/A
Public Float
145.76 M
Yield
5.39%(05/18/22)
Latest Dividend
RM0.449999988(03/02/22)

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