TUNE PROTECT GROUP BERHAD

KLSE (MYR): TUNEPRO (5230)

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Last Price

0.28

Today's Change

-0.005 (1.75%)

Day's Change

0.275 - 0.28

Trading Volume

171,900


11 people like this.

5,294 comment(s). Last comment by yfchong 11 hours ago

jolie2

2,039 posts

Posted by jolie2 > 2015-10-19 15:58 | Report Abuse

1ST TARGET PRICE 1.50
2ND TARGET PRICE 1.60

jolie2

2,039 posts

Posted by jolie2 > 2015-10-19 16:15 | Report Abuse

ATTACKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK

jolie2

2,039 posts

Posted by jolie2 > 2015-10-19 16:57 | Report Abuse

READ THIS.... VERY BEAUTIFUL REPORT

http://klse.i3investor.com/blogs/SICStockPick/84700.jsp

jorgsacul

283 posts

Posted by jorgsacul > 2015-10-19 17:37 | Report Abuse

1.40 profit taking....sell sell sell...drop back to 1.35 after profit taking

Jal 贾彬得

1,563 posts

Posted by Jal 贾彬得 > 2015-10-21 10:19 | Report Abuse

jolie drop le .....lucky no buy in

Posted by ChasingDreamz > 2015-10-22 14:32 | Report Abuse

Holding strong. U see few more days will skyrocket. 1.48-1.5

cipapo

1,288 posts

Posted by cipapo > 2015-10-23 14:43 | Report Abuse

r u sure?...

fong7

647 posts

Posted by fong7 > 2015-10-23 16:06 | Report Abuse

super undervalued. haha!

fong7

647 posts

Posted by fong7 > 2015-10-23 16:06 | Report Abuse

expecting 100% gain in 2 years time.

Posted by ChasingDreamz > 2015-10-29 14:30 | Report Abuse

@cipapo r u still watching. see for urself. i can be wrong, lets see together

cipapo

1,288 posts

Posted by cipapo > 2015-10-29 17:06 | Report Abuse

high buy que....but counter tarak jalan...

Posted by ChasingDreamz > 2015-11-02 12:15 | Report Abuse

cipapo come, dont miss the boat. last transit before fly

tkhe1313

179 posts

Posted by tkhe1313 > 2015-11-02 12:52 | Report Abuse

Counter with high potential!

Posted by ChasingDreamz > 2015-11-02 14:35 | Report Abuse

all the best guys. iv unload all my position. im day trader, cant hold long. May u guys made more money. Time to hunt for new counter. Alhamdulillah

jolie2

2,039 posts

Posted by jolie2 > 2015-11-02 14:36 | Report Abuse

i told you all to buy earlier.
Those follow me, sure untung.

Investeye

2,347 posts

Posted by Investeye > 2015-11-02 14:54 | Report Abuse

Still hold . My expected tp is rm1.60
Anyway, i only hold very few counters now to avoid any market uncertainty.

Ah Ha

905 posts

Posted by Ah Ha > 2015-11-02 15:04 | Report Abuse

target go back to TP rm 1.68.

Ah Ha

905 posts

Posted by Ah Ha > 2015-11-02 15:05 | Report Abuse

RHB-OSK target Rm2.0. KWSP also collected many lots since Sept 2015.

tkhe1313

179 posts

Posted by tkhe1313 > 2015-11-02 17:18 | Report Abuse

*KWAP collected* , anyway should touch at least RM1.80 within this week. Very good prospects

Posted by Sebastian Sted Power > 2015-11-02 21:18 | Report Abuse

KWSP confirm will keep buying until reach 10%

Posted by Sebastian Sted Power > 2015-11-04 11:29 | Report Abuse

1.60 cming

homey

100 posts

Posted by homey > 2015-11-09 20:55 | Report Abuse

tunepro-cf is cheap now.. anyone buying here? if rumors of epf and kwap is collecting, better take advantage on the warrant. just my 2cents.. happy diwali!

TK 婷葵

132 posts

Posted by TK 婷葵 > 2015-11-12 17:15 | Report Abuse

is good point to buy here... just Dows not good enough ! Start to buy here ...

Ah Ha

905 posts

Posted by Ah Ha > 2015-11-13 11:02 | Report Abuse

good time to buy and collect more..

Investeye

2,347 posts

Posted by Investeye > 2015-11-17 08:14 | Report Abuse

KUALA LUMPUR (Nov 17): CIMB IB Research (Valuation: 1.65, Fundamental: 1.05) has maintained its “Add” rating on Tune Protect Group Bhd (Tune) RM1.47 with a lower target price of RM2.20 (from RM2.64) and said Tune’s 9MFY15 net profit came in below expectations, accounting for only 61% of house full-year forecasts and consensus.
In a note Nov 16, the research house said the variance mainly came from the higher-than-expected claims and management expenses.
In addition, it said there was an unexpected negative contribution (losses) from its entity in Thailand, which was also caused by higher commissions paid and management expenses. As the norm, no dividend was declared in 3Q15.
“We are cutting our FY15-17F EPS forecasts by about 17-18%, as we raise our projected net claims by circa 13.6%.
“This brought down our DDM-based target price from RM2.64 to RM2.20, despite rolling over our valuation to 2016. The key parameters for our DDM model include (1) a cost of equity of 9.2% and (2) terminal growth rate of 5%,” it said.
The research house however said that Tune remains an Add given the potential re-rating catalysts of (1) the growth potential for its travel insurance business in the region, (2) positive prospects for its non-life insurance unit in Thailand in the longer term and (3) possibly more tie-ups with other airlines.
“Furthermore, management is guiding for a qoq rebound in 4Q15.. We project a 15.6% drop in its FY15E EPS but we expect EPS growth to resume to 15.6% in FY16F,” it said.

Investeye

2,347 posts

Posted by Investeye > 2015-11-17 08:16 | Report Abuse

KUALA LUMPUR (Nov 16): Tune Protect Group Bhd, formerly Tune Ins Holdings Bhd (Valuation: 1.20, Fundamental: 1.80), posted a 20.44% year-on-year (y-o-y) drop in its net profit for the third quarter ended Sept 30, 2015 (3QFY15) to RM12.86 million from RM16.17 million, mainly due to higher management expenses and a one-off rebranding spend.
Its revenue for the quarter, on the other hand, rose 10.53% y-o-y to RM121.05 million, Tune's filing with Bursa Malaysia today showed.
Tune also declared a higher dividend of 4.04 sen per share, up from 3.86 sen in the previous corresponding period.
"In light of the softer economic outlook and ongoing geo-political circumstances, the group posted respectable, double-digit growth with strong contribution mainly from our Global Travel business.
"This year, we incurred higher management expenses due to higher royalty fees in the licensing of the Tune trademark, which was partially deferred to this year, and a one-time Tune Protect rebranding spend," said Tune's chief executive officer Junior Cho.
Cho added that there was an 11.7% growth in Tune's Global Travel business for the nine-month period (9MFY15), while its Malaysia's general insurance business jumped by 38.9% in the same period — after taking out the one-time gain from selling its former headquarters on Jalan Ampang last year.
For 9MFY15, Tune's net profit came to RM45.49 million or 6.05 sen a share, 8.59% lower than the previous corresponding period's RM49.76 million or 6.62 sen a share. Revenue, however, climbed by 6.95% to RM347.55 million.
Cho said its Global Travel business' growth came because of "healthy travel demand, despite recent regional events ranging from Bangkok bombings, Bali volcanic activity, and prolonged haze conditions in Malaysia, Singapore and Indonesia".
He is banking on Global Travel business' growth for the remainder of 2015, even when taking 2016's slower economic growth forecast into the equation.
"We see increased travel demand as we enter the last quarter of 2015 and with our continued education marketing and take-up rate initiatives, we hope to increase awareness in the value of travel insurance and capitalise on the peak travel season," Cho added.
"In addition, we will continue our rollout into travel agencies until mid-2016 to further extend our product offerings to customers who prefer doing travel bookings through offline channels," he said.
However, he conceded that the general insurance industry might face slower growth because of the uncertainty in the macroeconomic landscape.
"While Tune Insurance Malaysia Bhd (Tune's Malaysia general insurance business) will face similar headwinds, it is our expectation that its growth should outpace the industry average for the remainder of the year," he added.
Tune, part of the AirAsia Group of companies, closed flat today at RM1.47 after hitting a low of RM1.45 earlier, giving it a market capitalisation of RM1.11 billion.

homey

100 posts

Posted by homey > 2015-11-17 11:14 | Report Abuse

Best time to collect the warrant also. Bought mine tunepro-cf at rm0.035 only. Cheaper option to play the counter. Huat huat

Posted by humbleisland > 2015-11-17 11:51 | Report Abuse

What is exercise price of the warrant and when is maturity?

homey

100 posts

Posted by homey > 2015-11-17 12:24 | Report Abuse

Exercise price 1.75 maturing on 8/6/16. Average TP at 2.02. 6 buys, 0 hold and sell. Revenue and dividend up. YTD profit is still on track. Good counter to play the warrant!

Posted by Sebastian Sted Power > 2015-11-18 16:31 | Report Abuse

drop 7cents liao!

EPF disposing??

Posted by WishingUponAStar > 2015-11-18 17:23 | Report Abuse

Of course not EPF disposing...
so small volume
If you look at the history, EPF buy in since Jan till Nov
Average should be around 1.60, my estimate....

Investeye

2,347 posts

Posted by Investeye > 2015-11-18 20:32 | Report Abuse

(吉隆坡18日訊)TUNE保障(TUNEPRO,5230,主板金融組)9個月業績低於預期,分析員下調財測,但依然看好區域旅遊保險潛能。

聯昌研究指出,該公司9個月淨利按年跌8.3%至4千770萬令吉,是因為去年同期淨利受脫售建築一次性收益影響,排除此收益,淨利僅增長0.1%。

“9個月淨利低於預期,主要是受索償及管理開銷高於預期所致。”

TUNE保障總保費按年上揚6.5%,但成本也在增加,淨索償率按年揚10.9%,管理開銷則增29.2%。

因調高淨索償預測13.6%,聯昌下調2015至2017財政年每股盈利預測17%至18%,促使目標價也隨之下調。

不過,聯昌依然看好該公司區域旅遊保險業務潛能,認為泰國非壽保險業務長期正面展望及可能與其他航空公司合作而維持正面評級。

“管理層預計第四季業績將按季反彈,雖然2015財政年每股盈利可能下滑15.6%,但2016財政年將有望再成長15.6%。”

TUNE保障旅遊保險9個月總保費按年增長21.4%至9千400萬令吉,主要由大馬及泰國市場貢獻,因保費強勁擴張及250萬令吉未釋放匯率收益貢獻,9個月稅前淨利按年張11.7%至4千570萬令吉。

MIDF研究因9個月業績符合該行預期,維持TUNE保障財測不變,預測明年盈利將按年成長12.9%,主要是航空需求成長帶動旅遊保險、與其他航空公司達成夥伴協議及新投資機會帶動。



- See more at: http://biz.sinchew.com.my/node/126284?v=mobile#sthash.BBOtX8Ny.dpuf

Posted by Sebastian Sted Power > 2015-11-27 11:06 | Report Abuse

keep droping only

Investeye

2,347 posts

Posted by Investeye > 2015-12-03 13:27 | Report Abuse

(吉隆坡2日訊)大馬保險股最新業績符預期,分析員基於承保收入和新保單繼續增長,預期保險股接下來季度的盈利將繼續揚升,保持領域正面評級。

MIDF研究表示,該行所分析的3隻保險股,第三季業績表現都和預期相符,其中TUNE保障(TUNEPRO,5230,主板金融組)淨保費收入增長19%,表現最佳,主要由於全球旅遊和火險業務錄得雙位數成長。

淨利方面,倫平資本(LPI,8621,主板金融組)和大馬回教保險(TAKAFUL,6139,主板金融組)持續嚴控成本和索償,令首9月核心淨利分別增長8%和7%,至於TUNE保障首9月淨利平平,第三季則告下滑,因更高管理開銷和一次過的重塑品牌成本。

在7家上市的保險公司中,只有4家公司承保獲利,其中安聯保險(ALLIANZ,1163,主板金融組)在所有業者當中擁有最高淨保費收入。

由於業績符預期,MIDF保持財測和評級不變。

儘管一些公司淨利疲軟,但整體收入和新保單量繼續增長。同時,大部份保險公司的首9月平均承保盈利大幅改善約63%,因此對該領域保持正面評級。

MIDF唯一建議買進的保險股為TUNE保障(TUNEPRO,5230,主板金融組),至於大馬回教保險及倫平資本雖受看好,但股價已充份反映價值,這3家公司都具有良好的潛在盈利成長空間、固有的承保收益及賺幅素質,同時派息率逾50%。



明年價格浮動
車險火險更具競爭性

雖然從明年開始車險及火險將採用浮動價格制,但MIDF認為,這可使有競爭力的保險業者增加市佔率,在價格開始浮動後,保險公司會推出更多價廉物美的產品迎合市場。

該行預計保險業這將會在企管及營運上下功夫以抵銷價格戰衝擊。

同時,保險業有3大利好因素支持成長,分別是保費收入提昇、宏觀經濟穩健及部份保險業者賺幅成長。

根據MIDF研究,在本地需求及大眾對保險意識提高下,2015上半年保險業成長穩健,成長3.67%至232億令吉,高於2014上半年及2014下半年的223億令吉及231億令吉高。

在人壽保險方面,目前保險業距離2020設下的50%滲透率還有一段距離,這表示人壽保險還有不少的成長空間。

雖然伊斯蘭保險在2015上半年已成長12.2%至34億令吉,MIDF認為,全年計算伊斯蘭保險業務會成長11.9%,在2016及2017年則分別成長12.7%及14%。

不過,根據國行最新報告,第三季承保收入從次季的7千200萬令吉下跌至6千970萬令吉,因火險索償增加。普險業者營運收入降低,因投資收入重挫29.3%至5億5千680萬令吉,壽險業者更面對4億1千600萬令吉赤字(去年同期為獲利38億令吉),因債券投資帶來更高的估值損失。

在經濟方面,儘管國外因素不明朗,但MIDF研究預計在2016年及2017年大馬經濟仍成長5.0%及5.2%,大馬經濟將在明年第二季回溫,主要因私人消費帶動。(星洲日報/財經‧報導:李勇堅、陳林德)

- See more at: http://biz.sinchew.com.my/node/127221?v=mobile#sthash.K3jKgJkG.dpuf

Posted by angelbooks03 > 2015-12-07 11:25 | Report Abuse

分享来自东方日报新闻。‘分析员’对保险业接下来的业绩保持正面。

如果单看PE,LPI竟然是最低14.83,而且DY 可以高达5%。再看ROE=20.78,LPI也不低,谁说大象股就跑不动?

分析员评买入TUNEPRO,只能说股价是最‘便宜’的。之前从RM1.7下降至RM1.3+,有涨幅的可观性,可惜相比之下,小型股的风险也较大,你愿意等多久呢?

http://www.angelpoiwoon.com/2015/12/lpi-8621-takaful-6139-tunepro-5230.html

3EMWE

105 posts

Posted by 3EMWE > 2015-12-09 00:13 | Report Abuse

TA indicates further correction

bonbon

181 posts

Posted by bonbon > 2015-12-10 09:43 | Report Abuse

No need to rush into it, KWAP is dumping its shares.

Ahl38

11 posts

Posted by Ahl38 > 2015-12-11 16:13 | Report Abuse

every day down and down

firehawk

4,782 posts

Posted by firehawk > 2015-12-14 10:12 | Report Abuse

down again .....

Jee Foh

74 posts

Posted by Jee Foh > 2015-12-14 11:23 | Report Abuse

kwap dumping, who is buying?

james007

12 posts

Posted by james007 > 2015-12-19 20:07 | Report Abuse

this stock is going to boost up!!! sapu sapu!!!

syeoh1

106 posts

Posted by syeoh1 > 2015-12-25 23:51 | Report Abuse

james007, can share more why TunePro will boost up? you got insider info? Pls share with me at syeoh1@hotmail.com

Posted by darrensiaw > 2015-12-27 16:14 | Report Abuse

Yes, can anyone share more for this stock??

bonbon

181 posts

Posted by bonbon > 2015-12-31 17:04 | Report Abuse

Heavy selling pressure, not a good sign. Luckily didn't buy that day. And its' current price is not cheap too...

Goinvest88

495 posts

Posted by Goinvest88 > 2015-12-31 20:15 | Report Abuse

Any problem with this counter? Exe. Dir resigned, directors & epf dispose the share....

jeckcw

55 posts

Posted by jeckcw > 2016-01-01 03:12 | Report Abuse

one of the company with wide business moat

online porter eliminate agent fee ,as same as geico having cost advantage, creating a wider moat.

eyeing for 2022 qatar worldcup (JV with air arabia) and thailand to make the travel insurance compulsory for foreign visitors

Posted by humbleisland > 2016-01-02 10:49 | Report Abuse

Agree with jeckcw, wide business moat so not sure why the selling pressure too...

Ahl38

11 posts

Posted by Ahl38 > 2016-01-06 16:36 | Report Abuse

AA shoot up, Tune shoot down.......

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