LPI CAPITAL BHD
KLSE (MYR): LPI (8621)
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Last Price
14.84
Today's Change
+0.08 (0.54%)
Day's Change
14.70 - 14.96
Trading Volume
52,500
Overview
Market Cap
5,912 Million
NOSH
398 Million
Avg Volume (4 weeks)
37,755
4 Weeks Range
14.10 - 14.96
4 Weeks Price Volatility (%)
86.05%
52 Weeks Range
12.14 - 15.30
52 Weeks Price Volatility (%)
85.44%
Previous Close
14.76
Open
14.76
Bid
14.84 x 3,000
Ask
14.90 x 200
Day's Range
14.70 - 14.96
Trading Volume
52,500
Financial Highlight
Latest Quarter | Ann. Date
31-Mar-2025 [#1] | 30-Apr-2025
Next QR | Est. Ann. Date
30-Jun-2025 | 21-Aug-2025
T4Q P/E | EY
15.82 | 6.32%
T4Q DY | Payout %
5.39% | 85.27%
T4Q NAPS | P/NAPS
5.74 | 2.58
T4Q NP Margin | ROE
18.95% | 16.34%
Market Buzz
News and Blogs
Related videos
Company Profile
Sector: FINANCIAL SERVICES
Sector: FINANCIAL SERVICES
Subsector: INSURANCE
Subsector: INSURANCE
Description:
LPI Capital Bhd (LPI) is a Malaysia-based investment holding company. The Company, through its subsidiary, Lonpac Insurance Bhd (Lonpac), is engaged in providing general insurance. The Company operates through two segments: General insurance, which includes underwriting of all classes of general insurance business, mainly carried out by Lonpac, and Investment holding, which includes investment holding operations, mainly carried out by LPI Capital Bhd. Lonpac operates approximately 21 branches in Malaysia and a branch in Singapore. In addition, Campu Lonpac Insurance Plc, provides insurance solutions in Cambodia. It offers a range of general insurance products, which include employees benefits, health insurance, liability insurance, motor insurance, marine insurance, pecuniary insurance, personal accident insurance, project insurance, property insurance and trade credit insurance.
Discussions
3 people like this. Showing 50 of 560 comments
Rm9.80 ok...better than none..becos u want undur diri..pbb of course buy low.
2024-10-10 20:02
@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.
2024-10-11 07:10
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
2024-10-11 18:34
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
2024-10-13 11:50
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
2024-10-13 15:08
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
2024-10-13 15:23
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
2024-10-14 08:04
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.
2024-10-14 09:44
Is something brewing in LPI ... instead of moving down towards RM9.80, it's climbing instead?
2024-10-22 10:09
Good move LPI although it is still lagging behind other blue chips. Gembatte.
2024-10-23 15:34
Awesome QR, but some people sell on good results today ...
https://www.thestar.com.my/business/business-news/2024/10/29/lpi-capital039s-profit-jumps-26-to-rm124mil-in-3q
2024-10-30 10:28
@greenshoot
public bank shares are yielding about 4% in dividend yield
the 215million shares held would bring about $40m in dividend for LPI
after selling PBB shares, does it mean that LPI net profit would fall by about $40m?
2024-11-06 09:47
@forthewin
Yes, the dividend income will be $40m lower
But, the sales proceeds from the disposal of Public Bank shares by LPI will yields an amount (A)
Scenario 1: - likely
amount (A) likely to be distributed to existing LPI shareholder as special dividend.
Scenario 2: - unlikely
amount (A) to be kept in the fixed deposit with licence bank by LPI to earn interest income
2024-11-13 10:18
@forthewin
You may refer to the following link for more information
https://www.thestar.com.my/business/insight/2024/11/02/complications-in-public-banks-corporate-exercise
2024-11-13 10:51
@greenshoot
Yes, I think likely will be given as special dividend after selling public bank shares.
But LPI shares would also drop by the same amount after the distribution.
Profit for LPI will also drop by the the dividend income they used to receive from holding Public bank shares moving forward.
I won't really consider this a windfall gain, because LPI is not selling Public bank share at a premium to the market.
Its akin to selling part of the company asset and distributing the proceeds to shareholders.
I would prefer if LPI can reinvest the proceeds into a higher yielding business/company so that we see income growth with LPI.
2024-11-18 10:53
@forthewin
LPI needs to divest PBB stocks to fulfill regulatory obligations so that PBB can take over LPI.
Scenario 1 - LPI to return the funds generated by selling PBB shares to current shareholders through a special dividend, leaving it to them to decide where and how to invest for optimal returns.
Scenario 2 - LPI to utilize the sales proceeds from selling PBB shares to fuel future growth by acquiring other companies.
In the second scenario, the existing LPI investors will certainly benefit more.
The process of acquiring a business is a complicated and frequently long journey that companies undertake to grow their operations or enhance their market standing. From the moment a potential target is first identified, to the completion of due diligence and negotiation, and finally to the integration of the acquired company, every stage presents its own distinct challenges and factors to consider.
LPI will probably focus more on expanding organically than on acquiring other companies.
Be optimistic about Scenario 2, but be ready for Scenario 1.
Wishing you a pleasant day.
2024-11-22 10:19
https://focusmalaysia.my/netizens-suggest-boycott-insurance-companies-with-premium-hikes-on-the-horizon/
now know why lpi drop
2024-12-01 09:13
How to boycott ? If people stop paying for insurance, all previous payments will be void
2024-12-02 20:32
I m looking at LPI
Hope to buy cheap
But nobody wants to sell to me at RM9.80 !!!
2024-12-07 22:47
LPI’s impending sale of its minority stake in Public Bank could potentially translate into a special dividend yield of up to 18%
https://www.klsescreener.com/v2/news/view/1467781
2025-02-05 15:23
LPI Capital's sale of Public Bank shares may yield up to 18% in special dividends — Kenanga IB
Myia S Nair/theedgemalaysia.com
05 Feb 2025, 11:41 am
https://theedgemalaysia.com/node/743334
2025-02-05 15:31
Example.
26-Feb-2025 11-Mar-2025 DIVIDEND Second Interim Dividend RM xx.xx
26-Feb-2025 11-Mar-2025 DIVIDEND Special Dividend RM xx.xx
2025-02-10 17:10
Asia stocks fall as lingering US tariffs spark risk-off moodInvesting.com- Most Asian stocks declined on Tuesday as renewed U.S. tariffs under President Donald Trump fueled a broader risk-off sentiment, whil
2025-02-11 15:11
LPI Capital ends 2024 with net profit jump to RM377.09mil
Corporate News
Friday, 14 Feb 2025, 1:06 PM MYT
https://www.thestar.com.my/business/business-news/2025/02/14/lpi-capital-ends-2024-with-net-profit-jump-to-rm37709mil
2025-02-14 22:10
LPI Capital plans special cash dividends RM1.75 per share
https://klse.i3investor.com/web/blog/detail/ss2020_StockNews/2025-03-15-story-h498680639-LPI_Capital_plans_special_cash_dividends_RM1_75_per_share
2025-03-15 12:17
this stock will go towards RM16 first since PBBANK worth to push it towards there
2025-03-25 17:16
Good result with eps at 24.6 cent for Q1, a mere 3% marginal lower yoy. Can expect for a higher dividend payout from this good earning excluding the RM1.89 special dividend from the disposal of PB.
2 months ago
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mesoan
why set such low offer at 9.8? looks like they are trying to eat minority shareholder?
2024-10-10 19:42