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Article: HLG cool on insurers but likes LPI Capital

Article from:
New Straits Times
Article date:
January 30, 2009
Copyright

New Straits Times
01-30-2009
HLG cool on insurers but likes LPI Capital
Edition: Main/Lifestyle
Section: Business Times
Type: News

HLG Research is not too excited about the insurance sector, but it is telling investors to buy LPI Capital Bhd because the stock is a "sustainable yield play".

"LPI Capital continues to be well managed even during difficult times and is an attractive investment for yield-seekers and index outperformers," HLG wrote in a report.
The broker continues to like LPI due to its strong management, favourable insurance portfolio, income-protected investment assets, on-going capital management, further industry consolidation and index outperformance.

HLG has maintained a ...

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