LPI CAPITAL BHD

KLSE (MYR): LPI (8621)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

13.42

Today's Change

-0.10 (0.74%)

Day's Change

13.40 - 13.52

Trading Volume

16,500

Financial

T4Q

31-Mar-2021

2020

31-Mar-2021

2019

31-Mar-2021

2018

31-Mar-2021

2017

31-Mar-2021

Total assets

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Total current assets

238

1000

110

900

600

Cash & equivalents

238

1000

110

900

600

Short term investments

238

1000

110

900

600

Total receivables, net

238

1000

110

900

600

Accounts receivable - trade, net

238

1000

110

900

600

Other receivables

238

1000

110

900

600

Total inventory

238

1000

110

900

600

Inventories - work in progress

238

1000

110

900

600

Inventories - progress payments & other

238

1000

110

900

600

Inventories - finished goods

238

1000

110

900

600

Inventories - raw materials

238

1000

110

900

600

Total non-current assets

238

1000

110

900

600

Long term investments

238

1000

110

900

600

Note receivable - long term

238

1000

110

900

600

Investments in unconsolidated subsidiaries

238

1000

110

900

600

Other investments

238

1000

110

900

600

Net property/plant/equipment

238

1000

110

900

600

Gross property/plant/equipment

238

1000

110

900

600

Accumulated depreciation, total

238

1000

110

900

600

Deferred tax assets

238

1000

110

900

600

Net intangible assets

238

1000

110

900

600

Other current assets, total

238

1000

110

900

600

Total liabilities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Total current liabilities

-238

-1000

-110

-900

-600

Total non-current liabilities

-238

-1000

-110

-900

-600

Long term debt

238

1000

110

900

600

Long term debt excl. lease liabilities

238

1000

110

900

600

Capital and operating lease obligations

238

1000

110

900

600

Provision for risks & charge

-238

-1000

-110

-900

-600

Deferred tax liabilities

-238

-1000

-110

-900

-600

Other liabilities, total

-238

-1000

-110

-900

-600

Total equity

-238

-1.64%

-1000

+11.55%

-110

+81.66%

-900

-13.16%

-600

+235.36%

Total liabilities & shareholders' equities

238B

1000B

110B

900B

600B

Total debt

238

1000

110

900

600

Book value per share

-238

-1000

-110

-900

-600

Discussions
3 people like this. Showing 50 of 532 comments

skc761103

if u guys attend the AGM , when the shareholders asking the top management bout the opinion of depression of the share price recently, the ego aging management response is " we think that our share performance is doing very well".....SPEEECHLESS ,GIVING SAME STANDARD ANSWER LIKE PUBLIC BANK MANAGEMENT, REALLY SISTER COMPANY

2024-04-08 11:52

doubleup

Yeah, no choice. They really sister company ma. The two big bosses are best friends even though THP passed away. Anyway both all really good companies making tons of money and paying good dividends for donkey years. Can't help it if they arrogant a bit.

2024-04-16 21:36

BlackFish

SKC761103

Bro, u dun like TSDS THP style but u like to keep his company in ur investment portfolio 😂😂

2024-04-18 18:05

skc761103

Black Fish, i kept his company years before THP passed away. At that time share performance for both company is doing very well with solid financial results but management after THP nowadays only good in playing TAICHI...ALL SITTING IN CONFORT ZONE FOR SO LONG

2024-04-22 10:32

liowst

Any idea where can I see the comparison of stocks in the same industry? Wonder what is the PE for other stocks in Financial sector. LPI PE at 14 and the NTA seems to be pretty low at 5.54 comparing to the current share price at 11.80

2024-04-29 13:59

Raymond Tiruchelvam

wow best qtr results thus far.... breached 6 figure profit for the first time in its history.... time to buy

2024-04-29 14:41

alibiii

frankly i dunno how to judge future prospect of insurance companies as the earning is influenced greatly by investment income and claim amounts where the companies have very little control. LPI revenues seemed flattish but current quarter profit is among the highest in past few years

2024-04-29 15:02

teknikal

Strong earnings QoQ +28.9%, YoY +37.2%, just released at 1pm.

2024-04-29 15:04

Raymond Tiruchelvam

baldy hell..... right after i buy it goes down :-( hahahaha.... so thinly traded

2024-04-29 15:11

Raymond Tiruchelvam

ah great thx teknikal.... so I can hold yah

2024-04-29 15:18

dawchok

tortoise, tortoise wakes and moves up quick quick.

2024-04-29 15:23

teknikal

LPI Capital’s 1Q net profit surges 37%, shares turn positive after results

https://theedgemalaysia.com/node/709704

2024-04-29 15:44

Gun8811

The management of LPI is a group of old people who spend the rest of their lives sitting in the office, earning high salaries every month, and the stock price has nothing to do with them.

2024-04-29 20:50

teknikal

LPI’s 1QFY24 results beat expectations as net claims appeared
lower following reversal of past claims provisions, prompting us to
raise our FY24F-FY25F earnings by 13%-4%. We see that there
could be more intensive competition especially in the fire class
insurance segment, but are not overly deterred by LPI’s position,
thanks to their backing from a leading bank. We maintain
OUTPERFORM call but raise our TP to RM15.00 (from RM14.70) as
we roll over our valuations.

Kenanga Research

2024-04-30 09:14

KingKKK

This is a BORING stock with strong fundamental, dividend yield 5.5% better than keep in bank FD.

2024-04-30 10:33

Gnanasong

It's boring because it isn't meant for goreng 😁

2024-05-03 17:22

lefty88

up 90s in last 5 days, not bad for a boring stock :-)

2 months ago

EDwarrior

How low can buy?

1 month ago

XinXin Chan

Good news to be announced?

3 weeks ago

dawchok

RM9.80 per share of LPI. Bully.

3 weeks ago

Siang9282

Acquisition by Public Bank

3 weeks ago

VivoPrince

At 32% discount from LPI's last traded price of RM13. Does this mean LPI's share price will collapse tomorrow (Oct 11)?

3 weeks ago

PASSIVESTOCK

Yes for sure
PE RATIO AT 12.50 & last trade price at 13 to 9.80 25 % discounted

3 weeks ago

pang72

PBBANK 这轮是什么操作?
~~~~~~~~~~~~~~~~~~~~~~
金融业重磅交易! 大众银行17.2亿收购伦平资本44.15%股权
(吉隆坡10日讯)大众银行(PBBANK,1295,主板金融股)宣布以17亿2000万令吉现金或每股9.80令吉,向已故丹斯里郑鸿标和其家族郑氏联合控股收购伦平资本(LPI,8621,主板金融股)的44.15%股权。
大众银行董事经理丹斯里郑亚历表示,此项收购将有助于强化该行的保险业务,并为客户提供更多样化的保险产品。
他指出,这次收购与大众银行的发展战略一致,并将透过该行全国范围内的分行网络,扩大伦平保险的销售渠道。
“我们有信心,这次收购将带来互补效应,并推动未来的共同增长。”
大众银行收购伦平资本,与市场预期相符。大众银行和伦平资本从周三(9日)起暂停交易,以公布上述消息。大众银行原定周五(11日)召开记者会说明这项收购与未来布局,但之后改为提前一天(9日)举行。

3 weeks ago

pang72

Pbb is famous for stingy.
Lpi worth 32% discount of $13? 9.80 only?

3 weeks ago

pang72

Then, LPI crashes to 9.80 tomorrow...?

3 weeks ago

alibiii

left hand right hand only, teh family gave discount to pbb, good for pbb, and lpi minority share holders just eat pop corn only, if really drop to rm9.8 i will load up a tone

3 weeks ago

dawchok

The bank intends to maintain LPI's listing status on the Main Market of Bursa Malaysia.

3 weeks ago

dawchok

As long as the dividend payout is sustained, price will not drop much as dividend buyers will come in when yield increases.

3 weeks ago

greenshoot

My research indicates that no current LPI owners will sell to Public Bank for RM 9.80 a share, which means that the MGO acceptance rate will be very low and that LPI will most likely stay listed once the offer closes.

It appears that Public Bank purposefully set the offer price at RM 9.80 per share in order to discourage current LPI shareholders from selling their shares to Public Bank in order to maintain LPI's listing.

3 weeks ago

greenshoot

My study indicates that when trading resumes tomorrow, October 11, 2024, the price of LPI shares is likely to continue its upward path.

3 weeks ago

mesoan

why set such low offer at 9.8? looks like they are trying to eat minority shareholder?

3 weeks ago

stncws

Rm9.80 ok...better than none..becos u want undur diri..pbb of course buy low.

3 weeks ago

ks55

How much is NTA?

3 weeks ago

curiousq

is good for PBB but LPI holders get nothing 😊

3 weeks ago

greenshoot

@mesoan

"This price of RM 9.80 was negotiated based on a willing-buyer, willing-seller basis. Additionally, money is not a factor, it's more about realigning our interests," Li Shian, the youngest daughter of the late founder, told the media after the signing ceremony.

3 weeks ago

mesoan

greenshoot can the price be higher? so it wont create fear in the market?

3 weeks ago

greenshoot

Analysts are less optimistic that LPI's remaining shareholders will be enticed to sell their stakes through the mandatory general offer at RM9.80 per share, given the steep discount

3 weeks ago

1pingpong

So buy in or exit now? Hooha hooha.

3 weeks ago

blistering

as MGO stated it's advisable to take LPi private under PBB as subsidiaries but they insist it to remain public that means LPi will be another PBB tools to raise any means of future funds such as PP , Warrants and etc instead of PBB now They can use LPi muscle to flexing more cash...I believe LPi has no value anymore 😂 selling pressure will continue next week

3 weeks ago

speakup

Sell. It only worth 9.80 according to public bank

3 weeks ago

greenshoot

TA Securities described the acquisition price of RM9.80 per share as reasonable. With a PBV of approximately 1.7x, the offer presents a slight premium compared to recent transactions in Malaysia, where average PBV multiples have been around 1.6x.

It noted that the premium appears justified, given that PBB is acquiring a controlling stake in LPI, which likely provides additional strategic benefits such as greater influence over LPI's operations and synergies within the group.

“However, the offer price represents a notable 23.7% discount to LPI’s 5-day VWAP and a discount to its current PBV of around 2.3x. Given this significant discount, we believe that minority shareholders will unlikely tender their shares under the MGO,” TA said

3 weeks ago

greenshoot

From MIDF Research.
KEY INVESTMENT HIGHLIGHTS
• Public Bank acquiring a 44.15% stake in LPI. This will trigger a MGO
• Offer price is unattractive – at a discount to current market price
• Still fundamentally sound with good dividend yield. Offer price is not a reflection of its fundamentals
• Forecasts unchanged
• Maintain BUY | Unchanged TP of RM14.52 | based on an unchanged FY25F P/BV of 2.42x

www.midf.com.my/sites/corporate/files/2024-10/lpi-cu-no_incentive_to_participate-midf-111024.pdf

3 weeks ago

greenshoot


LPI holds some 215 million PBB shares. If PBB holds LPI, these shares cannot be held by LPI and what will happen to that block? Will it be sold to the market or distributed as a dividend-in-specie?We will have 12 months from the date of completion of the proposed acquisition of LPI to address this matter.

It is still premature for us to make a decision on this matter but rest assured, we will explore all possibilities and make a decision at the appropriate time that will not be disruptive to the share price of Public Bank, whilst ensuring the interest of the shareholders of PBB and LPI is protected at all times.

https://www.thestar.com.my/business/business-news/2024/10/14/structured-success-continues-for-public-bank

3 weeks ago

greenshoot

Scenario 1: In the event that LPI chooses to sell 215 million PBB shares to the market, it is expected to record a substantial profit and provide windfall dividends to its shareholders.

Scenario 2, LPI shareholders would receive around 500 free PBB shares for every 1,000 LPI shares if LPI opted to distribute 215 million PBB shares as a dividend-in-specie.

In conclusion, LPI stockholders will profit handsomely in any of the aforementioned scenarios.

3 weeks ago

paperplane

FV is 9.80, sell??

3 weeks ago

greenshoot

@paperplane

The decision to sell or not is entirely yours.

3 weeks ago

VivoPrince

Is something brewing in LPI ... instead of moving down towards RM9.80, it's climbing instead?

2 weeks ago

dawchok

Good move LPI although it is still lagging behind other blue chips. Gembatte.

1 week ago

Post a Comment