Mid-term trader (3-6 months) | Absolute Returns | Long-Short + Quant + Event-Driven Arbitrage
Followers
19
Following
11
Blog Posts
0
Threads
1,467
Blogs
Threads
Portfolio
Follower
Following
3 weeks ago | Report Abuse
OTB recommended to enter KGB WA instead of buying mother shares. Y'all missed out haha
3 weeks ago | Report Abuse
Construction and semicon in one stock. Bruh this is a bargain
3 weeks ago | Report Abuse
Heavy accumulation ongoing every single trading day
3 weeks ago | Report Abuse
SKPRES-WA is it safe to enter at this price point?
3 weeks ago | Report Abuse
Seems like everyone is holding. Less negativity compared to MNRB’s forum lol
3 weeks ago | Report Abuse
Anyone run a COMP on Ableglobal vs FFB
3 weeks ago | Report Abuse
This stock looks cheap; pristine financials
3 weeks ago | Report Abuse
Holding both MNRB and Allianz. Not worried at all
3 weeks ago | Report Abuse
lol I thought y’all said wanna hold long term? All scared and sold already lmao
3 weeks ago | Report Abuse
Retail investor all sold already is it? There is literally no volume
3 weeks ago | Report Abuse
Order book increase into 1st quarter 2025
3 weeks ago | Report Abuse
Any color on the latest SME loan growth numbers?
3 weeks ago | Report Abuse
Any Industrials expert care to comment on the earnings result?
3 weeks ago | Report Abuse
@observatory you are a very pro investor indeed. But you got one thing wrong: Some insurance companies have low ROE due to their riskier underwriting and markdown on investments. Especially re-insurers. So let's say you have one year of higher claims and cat losses, the combined ratio will shoot up, and ROE stays flat if investment returns also remain flat.
3 weeks ago | Report Abuse
You were right about Top Glove losing market share to China and Serba Dinamik being a complete fraud but wrong on Dayang's impairment losses in 2022, Alam/Perdana Petroleum back in 2013 as well as Genetec. So will you be right this time on MNRB?
3 weeks ago | Report Abuse
Obviously I respect Chung's opinion but I think it is a bit unfair to compare this company with a completely fraudulent company like Serba Dinamik.
3 weeks ago | Report Abuse
Can you explain why you think that the profit is not sustainable? Because from what I can gather, the company can keep the momentum going for their non-life business
3 weeks ago | Report Abuse
I know this guy Chung. Guy living in Kuchai Lama with over 35 years of investing experience. He is good so I believe him
3 weeks ago | Report Abuse
@wsb_investor you worked in mgmt at insurance company or were you an actuary?
1 month ago | Report Abuse
So what are the key growth drivers for this company? Any shipping/O&G downstream analyst here care to explain
1 month ago | Report Abuse
All AmanahRaya Trustee related stocks dropping at the same time. Petra Energy, Apollo, Gamuda, MNRB and Naim
1 month ago | Report Abuse
The selloff for the past few days was caused by AmanahRaya Trustee taking profits after 150% gain
1 month ago | Report Abuse
Lol cause they release the earnings note to their internal clients bro. MNRB usually issues dividend in the first quarter of any fiscal year.
1 month ago | Report Abuse
You cannot analyze an insurance company by using the valuation model for consumer discretionary and healthcare companies. It's apple and oranges dude
1 month ago | Report Abuse
@George Ngc cause MNRB is an insurance company and insurance co re-invest their profits into equities and fixed income assets. This is also the reason why Warren Buffett loves the insurance industry so much. Almost unlimited supply of money from life and motor insurance and then funnel all the profits and investment returns into buying up more assets.
1 month ago | Report Abuse
Any updates on the company’s bid for gov LED streetlights
1 month ago | Report Abuse
Allianz SE reported 6.8% higher profit for the first quarter amid strong results from the non-life insurance business and inflows at its bond manager Pacific Investment Management Co.
Group operating profit climbed to €3.99 billion ($4.3 billion), driven by better-than-expected results in property-casualty insurance, Allianz said Wednesday. Pimco attracted €32.4 billion from outside clients, the best quarter in at least five years, reversing outflows at the end of last year.
Allianz Chief Executive Officer Oliver Baete is relying on the asset management business, which also includes Allianz Global Investors, to diversify the company beyond insurance. After a challenging two years that saw some clients flee fixed-income securities, Pimco is now profiting from returning investor appetite for bonds as interest rates are expected to have peaked.
1 month ago | Report Abuse
My DDM model (based on future dividend payouts) shows a bull case of RM3.30 and a base case of RM2.89
1 month ago | Report Abuse
They also did a good job at hedging and mitigating the risk of Dubai floods
1 month ago | Report Abuse
Company is doing really well thanks to the recent rally in Malaysian equities. In the last quarter, capital calls were negligible. Retakaful and family takaful combined ratio/GWP/NWP all looked healthy. The main factor for the spectacular earnings was the ATH investment returns supported by company's aggressive move to expand their re-takaful business
1 month ago | Report Abuse
Wood, Sabah-themed stock. Anyone wanna take a punt on this counter?
1 month ago | Report Abuse
MNRB CEO: "In the reinsurance and retakaful segment, the group will continue take a proactive stance to risk diversification, pursuing growth in overseas markets and venturing into specialised business lines."
1 month ago | Report Abuse
MNRB is the only re-insurance pure play stock. There is no other similar company listed on Bursa Malaysia.
1 month ago | Report Abuse
"The environment division, spearheaded by wholly owned Stream Group Sdn Bhd, which is looking to secure contracts in Indonesia and Saudi Arabia, could prove to be a game changer.
“We are in the midst of incorporating or setting up subsidiaries in Saudi Arabia and Indonesia … In order to undertake projects in these countries, we need a presence. In Indonesia, we have a partner but in Saudi Arabia, we are going at it alone,” Ahmad Kabeer says.
Other than Malaysia, Stream has a presence in Singapore, China, Taiwan, Hong Kong and India."
1 month ago | Report Abuse
I am still updating my models for MNRB. Have not reached a conclusion on its fair value yet.
1 month ago | Report Abuse
Huge surprise profits from family takaful and reinsurance profit. Congrats to MGMT for the blowout quarter
1 month ago | Report Abuse
MNRB is still trading 30% below intrinsic value. Next price target is RM2.90
2 months ago | Report Abuse
[[The motor segment is most vulnerable to natural catastrophe events for the UAE’s primary insurers as these risks are largely retained by the market. AM Best notes this catastrophe is likely to cause a significant deterioration in the performance of motor portfolios due to flooded roads and car parks can quickly result in a large number of losses. Although it is predicted that these risks will be largely retained by the market.
However, the motor policy standard imposed by the UAE’s Ministry of Economy does not cover natural disasters, leaving insurers the choice of whether to offer this coverage. Typically it includes flood cover; however, these represent a minority of premiums with most customers opting for cheaper third-party liability policies.
The changing weather trends have already influenced the behaviour of insurers across the wider Gulf Co-operation Council (GCC) region, notes AM Best. In 2023 and early 2024, the market observed an increase in hailstorms and heavy rainfalls that notably caused flash floods with some insurers starting to take action to reduce potential losses through loss mitigation tactics.]]
2 months ago | Report Abuse
Maintain HOLD on UZMA on the back of strong oil prices and multi-year contracts
Stock: [VSTECS]: VSTECS BERHAD
2 weeks ago | Report Abuse
How many still holding?