KLSE (MYR): LPI (8621)
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Last Price
13.32
Today's Change
+0.02 (0.15%)
Day's Change
13.24 - 13.32
Trading Volume
192,400
Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-05-18 20:19 | Report Abuse
Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ > 2023-03-30 16:47 | Report Abuse
Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ > 2023-08-26 17:36 | Report Abuse
Posted by Fabien _the efficient capital allocator > 2023-09-28 10:17 | Report Abuse
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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-insurance-review-would-not-be-overly-detrimental-to-lpi
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.