Hi guys, This counter has in the past 2 months moved up from 14.90 to 16.20 yesterday. Any views or advice? Pays good dividends and yield ab 4.5%. Think they may increase the final div paid end of year as the EPS has been on the rise.Moreover LPI holds about 15-25% of PBB shares. Think as PBB moves up the value of this share should correspondingly move
No Action is Action LPI is one of the few counters which I seldom check the closing price daily due to its nature i.e. healthy, reliable, slow and steady, passive, consistent and high dividend. I do not bother much if it goes up or down as on one hand I will sell only if it ups to crazy level which this healthy counter will never be so. On the other hand, I will buy more if the price drops to low level which this counter will not be so in the current bull or during the ordinary market. Buying opportunity will appear only in Big Bear market which I do not when it is. So, no action is the action.
My only concern on LPI is the health of Mr. Teh Hong Pew. As long as Mr Teh is there or pass the reign over to somebody in the same league, my investment in LPI is the education fund for one of my son who will need the money only 8 years later.
Hi: It is undeniable that ups 12sens is something good. But if you really understand LPI and are investing in LPI for long term, +/- 12 sens or even 21sens are within normal trading variation. I would like to invite you to become one of the members investing in LPI for long term. Anyway, thank you for your post to keep thread on LPI alive.
Looks like LPI has made some impressive gains. from Oct to now it has gained rm1.10. bsngpg. Seems yr long term investment is growing. Waiting for its next div, which will be announced in Jan 2014. I hope Its an improvement over last yrs div. Cheers
Hi pputeh : I do not know why LPI ups lately. I also do not track how much it ups or downs. As I said before, I keep it deep inside the store room for many years to come. However, up is still many times better than stagnant or down, albeit they all are numbers on paper only in my case.
Using your figure, RM1.10 is still less than 10% upside, so so only lah.
There is one thing certainly can arise my excitement on LPI if it increases its dividend payout. Ha ! Ha !
Dear PPuteh, where did you get the info that LPI holds 15-25% shares in Public Bank? It that is true, I believe LPI's shares should be easily more than RM25 today. Can anyone be kind enough to clarify this for the benefits of everyone?
Leong 653, Go to LPIs Annual Report 2012 or any research report on LPI. Held under nominees. Cintamanis bhd. Can also see under Annual report 30 largest shareholders.
Kenanga's TP RM18.75 with DPS 81cents while RHB's TP RM20 with DPS 79cents. I am excited with the 81 cents. RM20? Emm ! not really interested as I do not have plan to sell LPI. Thks.
hi bsngpg ... when something some1 is no planning to sell of course he set a high high price , may be can reach 30 in 3 year time ? who know ? like nestle few year ago when sudden shoot up few ringgit to 31 or 32 , people ask me , still dont 1 to sell ? i said 60 only i sell . then really i sold at 62 . anything can happen . let together we sell at 33 . cheers
This is an article published in 2009. When is Lpi going to revalue the PBB shares it holds? .It is required by law that they do. If and when it does loyal LPI holders should be richly rewarded. Be patient. It is only a matter of tome that the repayment will come.
Hi Supporters of LPI : div 20 cents, ex date is on 11Aug14. It is better than last year's 18 cents. Thanks to mgt team of LPI and all supporters. Selamat Hari Raya.
Gentle Reminder : historically, about 50 cents dividend will be announced on 8/9 Jan and will be ex on 23 Jan. If you are not in urgent need of cash, you may want to wait for the div.
hi i understand what you mean....i'm also looking for this kind of company for long term investment...do you have any suggestion? Can you share more about LPI why r u so confident in this counter?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
pputeh
698 posts
Posted by pputeh > 2013-10-13 11:57 | Report Abuse
Hi guys, This counter has in the past 2 months moved up from 14.90 to 16.20 yesterday. Any views or advice? Pays good dividends and yield ab 4.5%. Think they may increase the final div paid end of year as the EPS has been on the rise.Moreover LPI holds about 15-25% of PBB shares. Think as PBB moves up the value of this share should correspondingly move