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2015-05-20 10:19 | Report Abuse
Opportunity to accumulate again at RM1.80,
http://klse.i3investor.com/blogs/bfm_podcast/76503.jsp
2015-05-08 13:14 | Report Abuse
Matched at RM 2.50, if further down to RM2.45,may collect few lots
2015-05-05 20:43 | Report Abuse
LA LUMPUR (May 5): Tune Ins Holdings Bhd ( Financial Dashboard) has proposed to acquire a 50% stake plus one share in Indonesian insurance provider PT Asuransi Staco Mandiri (ASM) for 82.86 billion rupiah (RM22.9 million).
In a filing with Bursa Malaysia today, Tune Ins (fundamental: 2.7; valuation: 0.35) said it has executed a conditional binding offer letter to acquire 38,235 shares or 23.33% of ASM’s enlarged share capital from the vendors for 26.76 billion rupiah.
The group will also subscribe to the entirety of 43,707 newly issued shares or 26.67% of ASM’s enlarged share capital under the agreement for 30.59 billion rupiah.
To facilitate the acquisition, Tune Ins had entered into a cooperation agreement with PT Cahaya Putratama Abadi (CPA), for the latter to assist the group in becoming the holding company of ASM and also for business development services for the expansion of its insurance business in Indonesia for 25.5 billion rupiah.
“The rationale for the investment in ASM is in line with Tune Ins Group’s objective to expand its insurance business beyond Malaysia to other Southeast Asian markets.
“The Investment in ASM will enable Tune Ins Group to have a controlling interest in a local general insurer in Indonesia, through which Tune Ins Group can directly underwrite its online insurance businesses and offer products through other channels in the fast growing and sizeable markets in Indonesia,” it added.
Tune Ins said the investment in ASM will be financed by internal funds, expecting the acquisition to be completed within three months from May 5, 2015.
Tune Ins shares closed 3 sen or 1.6% lower at RM1.79 today, translating to a market capitalisation of RM1.37 billion.
2015-04-29 15:23 | Report Abuse
Published: 28 April 2015 10:18 PM
Tune Ins Holdings Bhd, the insurance arm of Tune Group, will set aside about US$10 million (RM35.4 million) to acquire an insurance firm in Indonesia.
Tune Insurance chief executive officer, Junior Cho, said the commercial terms of the acquisition had been finalised and the company was awaiting regulatory approvals from both countries.
"We are positive of closing the deal by mid-year and the acquisition paid for via internally-generated fund," he said at the Tune INSpire Corporate Social Responsibility programme today.
Cho said Tune Ins has lined up plans, including restructuring and on how it intended to manage the insurance business in Indonesia.
Today's event collected US$73,205.20 in donations and the company contributed an additional US$100,000.
The money was presented to four non-governmental organisations for children's cancer treatment, rehabilitation and awareness.
Tune INSpire had pledged to donate US$0.10 for every Tune Insure AirAsia Travel Protection Plan policy that was purchased from midnight on March 15, 2015 to April 15, 2015 and Tune Ins intends to continue with the donation drive. – Bernama, April 28, 2015.
- See more at: http://www.themalaysianinsider.com/business/article/tune-ins-set-for-us10-million-indonesian-acquisition#sthash.n3m6pjuz.dpuf
2015-04-28 21:38 | Report Abuse
Will continue to accumulate if the price further drop, anyway this stock may take middle term to get a fruitful return.
2015-04-28 21:33 | Report Abuse
Q at RM 1.79 but failed, will continue tomorrow.
2015-04-28 20:40 | Report Abuse
Company share buy back is to stabilize and support the share price to make investors confidence.
No company will do that else this company is not worth to invest even the price is RM0.10
Anyway, still stick to previous what I predicted.. will drop below RM0.50 and if coming q result is not good , will further down to RM0.40 !
2015-04-24 20:04 | Report Abuse
This time may missed the chance to accumulate further...
2015-04-24 12:16 | Report Abuse
Refer to 23rd Jan, Cimb report :The claims from the AirAsia Indonesia QZ8501 tragedy will be fully covered by an external reinsurer, according to Tune Ins Holdings Bhd. In an e-mail reply to questions on its exposure to the crash, the company said its exposure would be fully covered by excess of loss policy taken with an external reinsurer. (Star)
So, the amount is not significant.
2015-04-24 12:06 | Report Abuse
Matched at RM2.65.. my 1st return after sometime ago.
2015-04-23 23:57 | Report Abuse
As recent push still not able to reach RM0.60, will down to below RM0.5, if the next month q report is not good , then will further down towards to RM0.40!
2015-04-23 23:51 | Report Abuse
Q at RM1.77 but no luck. Tomorrow will continue..
2015-04-23 20:01 | Report Abuse
It is worth to relook MKH again as further downtrend is limited and open a good opportunity to accumulate if the price is further down.
2015-04-23 11:05 | Report Abuse
What's impressed me is as following despite the aggressive growth are, present attractive priCE, KWP keeps acquired the shares, good management team & manage to walk over the plane crash crises...
2015-04-22 21:05 | Report Abuse
Matched at RM1.79 & RM1.78 each for few lots....
2015-04-22 15:20 | Report Abuse
Take opportunity to accumulate at low...
2015-04-21 20:28 | Report Abuse
I will accumulate when the price getting lower. The is still a lot of uncertainty in the market especially coming month.
Last year Feb, very few people really look positive about this counter.
2015-04-21 09:17 | Report Abuse
Disposed all balance lots at RM7.10, thanks Pharma for the bonus!
2015-04-21 08:49 | Report Abuse
If Kayaone is a "boss", the he had breached the law by manipulating the market!
2015-04-20 10:38 | Report Abuse
Recently disposed more than half to locken in profit. Regreted to dispose some on Aug last year.
holding this counter more than 1 year finally gave me very fruitful result, Cheer!
2015-04-17 16:29 | Report Abuse
Matched few lots at RM1.00 and still q at RM0.99..
2015-04-17 12:19 | Report Abuse
Still q few lots at RM1.00 when the price is reasonable and low...
2015-04-16 20:21 | Report Abuse
Just be patient, any price down is opportunity to accumulate but this counter is not for goreng.
2015-04-16 20:14 | Report Abuse
Holding this share since end of Jan15, with dividend of 10+2 cents still vey attractive even at present price.
2015-04-16 09:02 | Report Abuse
it is a positive move to reduce debt and focus on properties.
2015-04-15 13:35 | Report Abuse
Sometime it is quite entertaining to look at this counter, for me these "no money" holders are smart holders because kayaone can't get any money from these holders.
2015-04-15 13:27 | Report Abuse
With the asset of RM1.30 and the prospect from Iskandar project to boost sales.
I think present new management will become more generous after a period of time. Present dividend payout may just a faulty sign. So, it is a good bet with present price and hopefully can get at least 10% by end of this year Or earlier.
2015-04-15 13:17 | Report Abuse
Matched all at RM1.77, decided to dispose all to lock in the profit due to market uncertainty and looking other counter that still at low and reasonable price.
2015-04-15 12:45 | Report Abuse
Low price = Opportunity to accumulate at low. Matched some at Rm1.00, q at RM0.99
2015-04-15 09:39 | Report Abuse
Well..well, it performs earlier than I expected. Good!
2015-04-14 13:53 | Report Abuse
This time I have agreed with Gsian The downtrend will not far away. Earlier of Mar, I mentioned if K1 price can't sustained at RM0.55 then it will down to RM0.40 within 6 mths, if able to sustain then it is 50/50 chance to uptrend but should belowRM0.60 as for me it is not able to sustain above RM0.60
The coming Q result should not that good compare with last q. Let see how long this last push will last.
2015-04-11 10:32 | Report Abuse
Maybe but I only know at least by end of this year or even earlier, I will get reasonable bonus from this counter.
2015-04-10 16:16 | Report Abuse
Write a commenAccumulated some at RM1.53 again.
2015-04-10 16:14 | Report Abuse
Disposed some at RM1.15 to lock in the profit and reduce the risk due to market uncertainty.
2015-04-09 17:28 | Report Abuse
After waiting for almost a day, finally matched at RM1.53
I believe base on recent price consolidated for a short period due to court case and allocation of the loss in Indo venture. All negative factors should reflected in the share. The bad time should over.
Recent 2 projects secured will provide some light for Portasco. I strongly feel that the downside should limited compare to uptrend!
Any further price down will provide good opportunity to accumulate!
2015-04-03 23:15 | Report Abuse
As CMMT will taken over Tropicana City will make TROP in better position. On 12th Mar when the price dropped to RM1.01, it was a very good time to accumulate which I mentioned previously. I think should need more time to move to next stage...
2015-03-27 10:06 | Report Abuse
That is is good term I like "transfer to other investors and not disposing"!..ha ha ha ha
2015-03-26 23:39 | Report Abuse
As the main share holders continue disposed the shares + uncertainty of the market due to GST + coming q result expect will be poorer than previous Q . The price may drop much further , hopefully not lower than G predicted price!
2015-03-20 16:10 | Report Abuse
Will further accumulate at RM1.00
2015-03-12 11:52 | Report Abuse
All matched at RM1.68 , disposed all as this met my TP and due to market uncertainty.
2015-03-12 11:49 | Report Abuse
Accumulated at RM1.01...
2015-03-12 11:21 | Report Abuse
Time to relook into TROP as government will loosing it grips on properties to stimulate our economy. It is quite attractive at present price.
2015-03-11 16:27 | Report Abuse
Chance is 50|50 but should below RM0.60
2015-03-11 15:37 | Report Abuse
Not bad for the last push. Good for those who still holding it. It is still not my cup of tea as I expect this q result is not as good as last q even RM is dropping.
2015-03-04 16:43 | Report Abuse
Af K1 failed to sustain at RM0.55 then RM0.50, so it may in downtrend and will wait at below RM0.40 within 6 months time.
Stock: [TUNEPRO]: TUNE PROTECT GROUP BERHAD
2015-05-20 16:10 | Report Abuse
A Tuneins is a strong growth stock, we should more emphasize on it growth perspective not dividend just like EcoWorld.
The Q1 result slighly behind even with Airasia QZ8501 issue. The present focus will be on Indonesia m&a pregress.