Nanti balik KL we go for kopi session.. i spend. 

Better to put your mabuk money into stocks... 

your wife let you mabuk until happy together? 

Early morning hit a high 4.73...
then turned sharply lower as the day passes to 4.32....
but towards the end... like the other day... it fought back and closed at 4.50 ( Gark's guess)



( Would you enter a trade if you do not know where to exit? )


Looks like your handicap guess is STILL not wrong yet...
do you remember asking me if I bottom fish? 

hehe..... morning felix.



is that ok?

come come... place your bet....

where would you say POS will bottom?

No scholarship.... unfortunately. 

Total 17 stocks in portfolio.... too heavy right. Need to trim down to 15...

LYN forum so powerful meh?   

Insurance sector we must see the 'float' which is the premium received - future claims. This float is what drives the insurance business. Usually underwriting profits are more or less breakeven or have some small gain. It is the float money if they invest wisely is what generates revenue for the company. Obviously LPI is expert on this as it utilize public mutual to handle most of their investment.

Just think of float as interest free loans.. and you get the idea. 

Insurance sector we must see the 'float' which is the premium received - future claims. This float is what drives the insurance business. Usually underwriting profits are more or less breakeven or have some small gain. It is the float money if they invest wisely is what generates revenue for the company.

Obviously LPI is expert on this as it utilize public mutual to handle most of their investment. And some company is very bad at managing their float like MN*B for maximum gain. Berkshire Hattaways growth is due to their insurance float in which WB has expertly invested. AIA overinvested thier float into toxic products and almost bankrupted. 

Just think of float as interest free loans.. to be paid back later and you get the idea. But however these free money can help or destroy a company depending on how they invest it...

Yes those realized gain is what you call underwriting profit. And the money from the pool awaiting for future claim is what you call 'float'. How a company use those money will make or break an insurance company. 

Hope no one go push up MN*B on it's float size.... cause i just sold.

They sucks at managing their float.. repeat they suck at managing their float.     

Dont buy. 

Ya kah.. so it was AIG.. but both company also abang adik... investment decision also same? 

You can actually download and read what EPF invest in every year one what... 

Somehow i think you either working at AIA or 'worked' before at AIA... 

No.. it is just that MN*B is investing 98% of thier float into malaysian government bonds earning a pittance, so they are more conservative. EPF invest only 60% the rest in stocks...

Heard those who got MSS during the subprime got very very good severance package. 

Means you got good package lor... just saying. 

OMG!

Next time i havent finish collecting cannot post in this forum liao...     

Too many spies....