Posts

Showing posts with the label health care

Why All of Us Must Care about 1Care Malaysia?

Image
Heard about 1Care Malaysia healthcare plan? If no, then you must read this article thoroughly word by word. Because the the proposed healthcare system will drastically change the way we seek for treatment in the future. The main issue was " Is it viable to implement 1Care? ". Well, the intention is good for our community. The plan had a very beautiful definition as below: But... Concern is always there whenever Government want to implement something and that thing is managed solely by Government. Experience? Got (bad experience). Money? Got, but already drained somewhere (normally). You can't prevent Malaysians from worrying, especially when 1Care touches each and everyone of us for life. What are the concerns? Each person in different sector have different risk level . How to determine the amount of contributions of each contributor? Subsequently, how to determine the benefits package each individual entitled to? If the benefits was based on the amount of contribution...

How to select a Medical Plan?

Image
While celebrating Father's day, I have a meaningful story to share with you. I visited a hospital in KL recently and to my surprise, I came across a little boy who was diagnosed with leukemia. More surprising, his age was only 8 years old. Oh my god, this little boy doesn't even know what leukemia was, and he had to suffer from such a young age!!! Through these torturing times, I believe his father's love is what he needed the most. God bless him. Do you know that almost 9/100 Malaysians aged above 35 suffer from diabetes ? Do you know that over 1/5 are expected to get cancer in their lifetime? The fact is, because of the stressful and unhealthy way of life today, lifestyle diseases are on the rise. Do you have any real example from your own little circle? We can, however, spare our self and our loved ones a lot of anxiety with comprehensive medical plans, which provide a financial cushion in times of need. Although these plans cannot prevent illnesses, it can help us to ...

OSK Stock Picks for April 2011

Image
After being hit by a few Black Swan events, markets rebounded in March with the KLCI ending 1Q in the black. Moving into 2Q, we still see some short term volatility but are confident of an eventual rally to close in on our year-end KLCI target of 1680 points. We advise investors BUY Big Caps on potential rebounds while focusing on the more defensive Small Caps given their superior performance over the past few months. The favorite sectors remain Banks, O&G, Property and Construction in the mid-to-short term while the longer term buys are Media and Healthcare. This strategy is reflected in our April top buys as well. Timber the BIG winner... For March, timber stocks were actually the big winners, including names such as Suber Tiasa, Jaya Tiasa, TaAnn, WTK and Lingui, on hopes for better timber demand in view of reconstruction efforts in Japan. Nonetheless, these counters are not part of the FBM100. Instead, among the FBM100 constituents, media player Media Chinese and Petronas compa...

Post-Japan Disaster: After Timber, it's Glove Sector?

Image
As per our previous posts ( How Should Investors trade after the Japanese Disaster? ), we wrote about timber counters, and it's proven the right sector investors should look at. And, below is the performance of those mentioned counters. www.financemalaysia.blogspot.com All of them outperformed KLCI, which recorded -2.20% . Why WTK outperformed its peers? Simple answer is its cheaper share price and better liquidity. In fact, TaAnn and WTK is the main focus because they export 80-90% of their products to Japan. This puts them in the limelight of stocks investors should look at for the moment. Why should you look at Glove sector next? After timber, glove sector should outperformed the generally weak market sentiment. Investors are scared. Those who already bought was stuck-in there. Those who already sold was staying sidelined. And, those who dare to buy now is focusing on timber stocks only - and today glove. Main reasons were: Demand for medical glove is expected to increase sub...

Latest news on SP Setia (Jan 18)

Image
Lately, SP Setia is in full limelight in local bourse due to some of the announcements made. And, yesterday, SP Setia was awarded a contract and proposed some of the corporate exercises subsequently. Below is some of the useful summary for investors keeping abreast with the latest developments: The Bangsar land deal SP Setia was acquiring a 40-acre land along Jalan Bangsar via a land swap deal Government to acquire land in Setia Alam from SP Setia Develop a fully integrated health and research complex to be known as 1NIH Complex in Setia Alam under the Ministry of Health's purview Redevelop the swapped land into an integrated mixed residential and commercial project and give the Government a 20% profit sharing. Source: OSK Researc h The Proposed Corporate Exercises Proposed private placement of up to 15% of paid-up share capital via book-building for the following purposes: - RM6bn KL EcoCity, which comprises a corporate tower block and retail podium - Setia City project, which ...

The Importance of Insurance to the Economy

Image
Still remember Obama’s health care bill which was passed recently? Why Obama want every citizen of US to have a chance to insured themselves? Because Obama knows the reasons below… In reality, insurance cannot protect property or lives, but it can protect those insured against the adverse financial consequences of losing property and lives. Likewise, an insured person cannot be protected against dying or disease, but the dependent is protected financially if such events occur unexpectedly. In any of such similar cases, the insured would be in economic dire straits if not for the financial protection conferred by insurance. In short, insurance as an economic device provides the insured with financial certainty in an environment that is filled with the possibility of losses. In providing such benefits, insurance brings peace of mind to people – and to society at large. Another benefit of insurance is its ability to provide for more optimal use of economic resources . Without insuran...