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Showing posts with the label medical

How to select a Medical Plan?

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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 ...

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

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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...

Analyzing Latexx Partners' takeover offer

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Just before CNY, Latexx surprisingly announcing that the company had accepted a non-binding takeover offer by two private equity funds. However, the deal looks unattractive with limited upside given the offer price of RM3.10 only. For your information, it is only 10.7% above the last trading price of RM2.80 only. About the offer: The offer values Latexx at 8.2x P/E only versus sector's average of 11.7x The takeover offer needs to secure a 75% shareholders' approval as lay out by the new rules With RM3.10 per share, the offer was valued as RM 852.03 million (inclusive of 55.03 million warrants) Would the deal materialize? Finance Malaysia doubt the deal will go through, given the unattractive valuations attached. Please take note that Latexx was one of the largest medical examinations gloves producers globally. By taking over at a mere 8.2x P/E, it would be a very good buy, but not a good sell at all. Another issue which sparks our interest was that the background of the tw...

Special Credit Cards for Hospital? Worth it?

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Before checking into a hospital, make sure that you bring your favorite hospital linked credit card next time. Due to stiff competition in credit card industry, special cards which linked to hospital services became a "think out of the box" thing here. Below highlights some of the features for such credit card: 2% cash rebate on all expenses at the hospitals 20% savings on all hospitals' suites 10% savings on all hospitals' charges during admission (excluding doctors' fees) Fortunately, I had never stay in a hospital before. And due to this, I never experienced the service provided by a particular hospital. Do we really need such a card? For me, I will use credit cards to shop, if credit cards can gave me discount /  rebate. Going for shopping can be anytime anywhere as long as I like it. However, going to hospital was not a leisure event , which I do not like to do, and I believe you feel the same. Instead, we should buy a Medical Card for hospitalization. I...