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楼主 |
发表于 3-1-2008 09:04 AM
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回复 200# 的帖子
哈。哈。没关系。看今天会不会宣布吧。 |
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发表于 3-1-2008 07:32 PM
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发表于 3-1-2008 07:45 PM
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去年總回酬43%‧倫平資本有望派息1.1令吉
大馬財經 2008-01-03 18:47
（吉隆坡訊）2007年總回酬高達43%，股價並跑贏綜合指數的倫平資本（LPI，8621），今年有望更上一層樓，估計2007與2008年財政年可分別派發每股1令吉10仙及1令吉20仙的股息。
目標價調高至13.30令吉‧維持買進
基於倫平資本的淨資產值增加、財測也有望隨該公司與大眾銀行（PBBANK，1295）進軍柬埔寨普險市場而獲調高、以及更高的股息，僑豐研究將其目標價調高至13令吉30仙，維持買進評級。
倫平資本2007年股價一度漲至12令吉20仙新高，跑贏綜指約5.2%。
今日（週四，3日）閉市，倫平資本報12令吉，滑落10仙。
僑豐研究指出，倫平資本與大眾銀行在柬埔寨聯手成立普險公司─Campu Bank Lonpac保險，可憑藉大眾銀行在當地的成功經驗一展抱負，前景被看高一線。
它說，柬埔寨大眾銀行截至2007年9月30日止9個月的貸款和預支業務強勁成長68%，進一步支持銀行業務成長步伐，而倫平資本總保費收益向來與大眾銀行營業額關聯性很高，相信倫平資本將隨大眾銀行穩健的成長步伐茁壯成長。
柬埔寨總人口只有大馬的50%，人均收入也僅達到大馬標準的20至25%。不過，柬埔寨過去3年的國內生產總值（GDP）和實值國內生產總值複合年度成長率（CAGR）各別達17.2%和11.4%，遠較大馬的11%和5.9%為高，未來發展空間龐大，當地業務表現有望超越倫平資本新加坡子公司。
僑豐研究說：“通過持有大眾銀行1%股權，倫平資本料可取得每股2令吉35仙的重估盈餘，主要是大眾銀行股價去年增值42%，因此我們上調該公司每股重估淨資產值至5令吉10仙。”
另一個對倫平資本有利的因素是它已實現法定的儲備金要求，未來增加派息的機會大增。 |
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楼主 |
发表于 4-1-2008 12:57 PM
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回复 202# 无花 的帖子
哈。哈。没关系。总有一天等到她。。。 |
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发表于 4-1-2008 01:14 PM
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楼主 |
发表于 4-1-2008 01:22 PM
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OSK的研究报告 (03/01/2008):
A Consistent Performer
2007 saw LPI recording an all time high with total return of 43% when its share peaked at RM12.20 on 28th Dec07, which was inline with our CY07 target price of RM12.30. While the stock has outperformed the KLCI by 5.2% in CY07, we reckon there is still upside for CY08. We maintain our BUY call and revised up our target price to RM13.30/share to reflect higher RNAV, potential earnings upgrade (from Cambodia venture & PBBANK) and higher dividend payout; implying 17.7x and 5.2x FY08 EPS and BPS, respectively, as well as a gross dividend yield of 9.0%.
Recent Development.
Together with PBBANK-Group, LPI has ventured into Cambodia’s general insurance business via a 45%-interest in a newly set-up insurance company, named CampuBank Lonpac Insurance Plc. While it is too early for us to quantify the earnings potential, we are upbeat on the prospects of this venture judging from the success story of PBBANK-Group in that country. In fact, we expect this venture to outperform its existing Singaporean operation since Cambodia is still an emerging economy. At a quick glance, the population of Cambodia is 50% of Malaysia’s but the GDP/capita and income/capita are about 20%-25% by Malaysian standard. Nonetheless, the economy is growing rapidly with a 3-year CAGR of 17.2% and 11.4% for its nominal GDP and real GDP, respectively, vis-à-vis Malaysia’ s 11.0% and 5.9%.
Tagging PBBANK’s Excellent Performance.
We believe LPI should ride well on PBBANK’s solid growth as the gross premium of LPI has very high correlation (~90% within the period of 1999-2006) with the revenue of PBBANK further underpin by the strong growth of Cambodian Public Bank Ltd (CAMPU Bank) of 68% in its loans and advances for the 9-month period to 30th Sept07. At present, CAMPU Bank has a total branch network to 8 branches in Cambodia. By virtue of its 1% shareholding in PBBANK, LPI is expected to record revaluation surplus of RM2.35/share, as PBBANK has appreciate by ~42% in CY07, hence our revised RNAV/share of RM5.10./share of RM5.10.
Capital Management & FRS 139.
LPI’s dividend payout ratio has accelerated from 50% in 2004 to >100% in 2006 (including special dividends). We believe the high dividend payout ratio is sustainable given the Group has fulfilled its statutory required reserve in FY06. Moreover, the substantial revaluation surplus could translate into more special dividends if and when FRS 139 is implemented, probably in FY08. Together with potential special gross dividends of 20sen, we reckon LPI should be able to pay RM1.10 and RM1.20 GDPS for FY07 and FY08, respectively.
[ 本帖最后由 Mr.Business 于 4-1-2008 01:27 PM 编辑 ] |
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发表于 4-1-2008 01:54 PM
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生意佬!如果我们把RESEARCH House的报告贴上来算不算违法?? |
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楼主 |
发表于 4-1-2008 02:04 PM
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回复 207# 无花 的帖子
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应该不算吧。Top Glove都把各家的研究放在她的网站上。。。 |
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发表于 4-1-2008 04:09 PM
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楼主 |
发表于 4-1-2008 04:14 PM
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楼主 |
发表于 4-1-2008 06:14 PM
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LPI是我的投资组合中最令我放心的公司。。。有多少间公司的CEO会象LPI一样，愿意亲自回答我们这些小股东的询问呢？ |
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发表于 4-1-2008 07:17 PM
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我在做一个研究,当年如果我将所有的投入大众的钱改投在LPI,今天的成绩会不会好一点!?
做好了再向大家报告!!! |
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发表于 5-1-2008 11:00 AM
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发表于 5-1-2008 01:39 PM
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发表于 5-1-2008 01:57 PM
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听说lpi公布了1零吉的股息,
是真的吗?
lpi的股东过年有大红包了 |
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发表于 5-1-2008 03:08 PM
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发表于 5-1-2008 03:27 PM
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原帖由 pya_ch 于 5-1-2008 01:57 PM 发表 
听说lpi公布了1零吉的股息,
是真的吗?
lpi的股东过年有大红包了
Rm1 这么多啊??
今天分派了几次??
bursa网站怎么没有资料的? |
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发表于 6-1-2008 06:54 PM
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回复 217# goodluck88 的帖子
OSK Research 估计全年1.10
标普估计全年80仙!
年中已派30仙了! |
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发表于 6-1-2008 06:58 PM
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回复 218# 无花 的帖子
多过PBB一倍哦....
但是股价没什么走.... |
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楼主 |
发表于 6-1-2008 06:59 PM
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原帖由 pya_ch 于 5-1-2008 01:57 PM 发表 
听说lpi公布了1零吉的股息,
是真的吗?
lpi的股东过年有大红包了
我是预测RM１啦。。。听说？你听谁说？说不定是外面的人看到Cari的发表然后传来传去？哈。。。 |
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