Sunday 29 July 2018

LPI 2nd quarter 2018 financial report


Today let's have a look at LPI latest financial report.

 The 1st thing that I saw when I opened the web page on BURSA website:

Revenue only improved a little.........
Profit dropped.......
Even dividend also.........Eh?
Wait....
Dividend increased~~~
Served as a consolation prize then T_T

 Message from the management:

Keener competition at general insurance market >o<
For everything inside the financial report,
the above table was the most pleasant thing to look at~

 Basically,

The Cashflow from operating activities was higher than Profit after tax,
the expenses of investing activities only a little,
even though the expenses in financing activities were higher,
it was actually the dividend for us shareholder,
so the cashflow of LPI still looked beautifully.

 Prospects for current year:

Always the same sentence.............

 Is okay,
result meant everything!

 Lastly,
everyone's favorite dividend:
Last year was 27sen per share,
this year is 26sen per share,
dividend increased,
hooray~~~~

 If you still don't understand why did I say dividend increased,
that is because earlier this year LPI went through bonus issue activity.

 As a result,
if last year you have 10000 shares,
then 27sen per share,
you will receive RM2700 as dividend.

 After bonus issue this year,
the amount of shares increased from 10000 to 12000,
so now 26sen per share,
you will receive RM3120 as dividend.

 From RM2700 to RM3120,
the increment was more than 15%~

 It was quite troublesome to calculate right?

 That's why at 16th January 2018,
I wrote an article <<Actually I don't like Bonus Issue & Shares Split>>,
feel free to read it here:
https://thecellist-investment.blogspot.com/2018/01/actually-i-dont-like-bonus-issue-share.html

 That's all for today.

 Investment is about doing own thinking, making own decision.

 Thanks for reading.


I don't provide any buying/selling suggestion above,
please make your own investment decision and be responsible with it.
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