Tune Protect Group Bhd is confident of delivering favourable investment returns with its investment strategy moving forward. The insurer, which has a portfolio valued at RM714.5mil as at end-September 2023, said nearly 80% of the portfolio was invested in money market funds and term deposits.
what kind of investment strategy are they talking about. just putting in money market funds and term deposits. a kid also know how to do it. just call the investment bank and the returns are higher that what profit that they have generated.
but when you compare the earlier years, their investments are making losses. maybe should give them a compliment since now they know how to place into money market funds or FDs
[TUNEPRO] ESOS on 06-Feb-2024 Stock [TUNEPRO]: TUNE PROTECT GROUP BERHAD Announcement Date 06-Feb-2024 Listing Date 07-Feb-2024 New Type/Class? No Type ESOS Details Exercise of ESOS options under the Long Term Incentive Plan No. of shared issued 700,000 Issue Price Malaysian Ringgit (MYR) 0.325
singkalin, tourist increase, hope QR will gradually improve lo. Chill bro, If not happy with coming QR, can always sell ma. For me this type of stock is high risk, I just buy a bit for short term since P/NTA is 0.56.😀
Like i said before, this company is not making money thru core insurance biz but from their investment in fixed income. Their insurance biz is worthless. Jual.
This co is hardly making profits. Now with 30.8m to be written-off, it's deeper in the grave. So it appears that this government program was poorly executed. It's called lack of diligence.
From the press release, there seem to be some modern cutting edge with AI technology being employed by TPG. I hope Rohit can realise good profits from these initiatives. Please don't hesitate to kick a..ses if need be. Take the bull by the horns!
Insurance industry is no strange to fierce competition in term of price and service quality. Thus, it is difficult for a small capital company to compete with large cap. company.
I'm still waiting for the right entry price for speculative trading purposes. Rohit won't leave. He's not one to give up with this setback. Chartwise, it's clear that he has turn around the company, halted the massive downtrend caused by previous CEOs.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Progicer
37 posts
Posted by Progicer > 2023-11-23 16:25 | Report Abuse
good news, back to profit making