TUNE PROTECT GROUP BERHAD

KLSE (MYR): TUNEPRO (5230)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.285

Today's Change

+0.005 (1.79%)

Day's Change

0.275 - 0.285

Trading Volume

377,300


11 people like this.

5,293 comment(s). Last comment by Good123 1 day ago

Posted by tbganmobile > 2024-07-06 22:36 | Report Abuse

General insurance is a viable business; look at Allianze and LPI, they are doing very well. In the hands of a right CEO, tunepro can do equally well, just has to wait patiently

yfchong

5,868 posts

Posted by yfchong > 2024-07-07 09:26 | Report Abuse

Ini CeO apa brand

Posted by drkervokian > 2024-07-29 23:18 | Report Abuse

New CEO is current CFO and previously AirAsia CFO for 5 years and Ex consultant background.

From the little linkedin data seems like a very hardworking person that's very serious. But lacks charisma to be CEO.

A cfo as CEO is usually OK for insurer. More control.

But can be bad if cannot lead distribution. Alternatively it's can be a sign that they'll take it private.

Posted by Babyking > 2024-07-31 13:51 | Report Abuse

results to improve further. looking forward to possible dividend by end of this financial year after many years without.

Progicer

37 posts

Posted by Progicer > 2024-08-02 17:20 | Report Abuse

Not pro anymore

singkalin

544 posts

Posted by singkalin > 2024-08-07 18:25 | Report Abuse

Price drop is damn fast.
Climb back to 0.40 take a long long time.

singkalin

544 posts

Posted by singkalin > 2024-08-13 18:52 | Report Abuse

This qtr results green or red ???

Vhydro

1,581 posts

Posted by Vhydro > 2024-08-13 21:38 | Report Abuse

I guess is red

Posted by tbganmobile > 2024-08-17 22:03 | Report Abuse

Hope 2Q result will be black since AAX has recorded high passenger load.

Vhydro

1,581 posts

Posted by Vhydro > 2 months ago | Report Abuse

poor qr?

singkalin

544 posts

Posted by singkalin > 2 months ago | Report Abuse

Why price drops so drastically.

singkalin

544 posts

Posted by singkalin > 2 months ago | Report Abuse

Another shit qtr report???

sheldon

1,422 posts

Posted by sheldon > 2 months ago | Report Abuse

So should we expect a poor result or a rotten one? 😁

Vhydro

1,581 posts

Posted by Vhydro > 2 months ago | Report Abuse

Maybe a rotten one

singkalin

544 posts

Posted by singkalin > 2 months ago | Report Abuse

Confirmed Rotten.

Vhydro

1,581 posts

Posted by Vhydro > 2 months ago | Report Abuse

Management always have many excuses for the loss. Very very incompetent.

singkalin

544 posts

Posted by singkalin > 2 months ago | Report Abuse

Is TA good friend of Tune.
So many qtr in red, yet TA still put BUY call for Tune.

singkalin

544 posts

Posted by singkalin > 2 months ago | Report Abuse

Today all dump Tunepro share.
Whole day red.🙉🙉🙉🙉🙉

singkalin

544 posts

Posted by singkalin > 1 month ago | Report Abuse

TA mention Tune will turnaround in 2H2024.
Hopefully it don`t turn upside down.

Posted by drkervokian > 1 week ago | Report Abuse

In theory should do better with more flights. But I'm betting with TF going for retirement and recent manoeuvre on Airasia X and AirAsia, there's potentially a delisting/merger type of activity with Move Digital sdn bhd.

TF gets to make another chunk of change

Orson Chin

2,079 posts

Posted by Orson Chin > 1 week ago | Report Abuse

Maybe capital A just run digital business then marry with tunepro … maybe la

Posted by drkervokian > 1 week ago | Report Abuse

0.28 cents, i see the logo missing from wisma capital A..

Good123

26,432 posts

Posted by Good123 > 1 week ago | Report Abuse

Tune pro the last puzzle of tony after healing acapital & aax. Super abnormal ROI at current price😜

Good123

26,432 posts

Posted by Good123 > 1 week ago | Report Abuse

tony an acca accountant will do something for tune pro. Buy b4 u regret

Good123

26,432 posts

Posted by Good123 > 1 week ago | Report Abuse

Great eastern: The group’s new business embedded value amounted to S$176.9 million, up 7% on the year from S$165.1 million.

Good123

26,432 posts

Posted by Good123 > 1 week ago | Report Abuse

Semoga tune bagi surprise😮untung seperti GE

Orson Chin

2,079 posts

Posted by Orson Chin > 1 week ago | Report Abuse

Lelong lelong …. Tunepro is lelong+ing………..

Good123

26,432 posts

Posted by Good123 > 1 week ago | Report Abuse

Tan Sri Tony Fernandes, co-founder of AirAsia and a significant shareholder in Tune Protect Group Berhad, has a vested interest in the company’s success. Tune Protect, the insurance arm of the Tune Group, was established to complement AirAsia’s services by offering travel insurance to its passengers. 

In recent years, Tune Protect faced financial challenges, including losses due to higher-than-expected Covid-19 claims from its Thai associate and fair value losses on investments. These issues led to the company reporting a net loss in the financial year ended December 31, 2021. 

Given his substantial stake and the strategic importance of Tune Protect within the Tune Group ecosystem, Fernandes would be motivated to support a turnaround for several reasons:
1. Protecting Investment: As a major shareholder, improving Tune Protect’s financial health directly safeguards his investment.
2. Synergy with AirAsia: A robust Tune Protect enhances the value proposition of AirAsia by providing integrated travel insurance solutions, thereby improving customer experience and potentially increasing revenue streams.
3. Market Confidence: Demonstrating a commitment to revitalizing Tune Protect can bolster investor confidence in both Tune Protect and the broader Tune Group.

Efforts to revitalize Tune Protect have shown positive signs. The company returned to profitability in the fourth quarter of 2022, reporting a net profit of RM558,000, attributed to a rebound in its investment portfolio and stabilization of Covid-19 claims. 

Additionally, strategic moves such as the potential entry of a South Korean investor could further support Tune Protect’s growth and remove market overhang, indicating proactive steps to strengthen the company’s position. 

In summary, Tony Fernandes’ involvement in turning around Tune Protect aligns with his interests in preserving his investment, enhancing synergies within the Tune Group, and maintaining market confidence.

Good123

26,432 posts

Posted by Good123 > 1 week ago | Report Abuse

IPO price RM1.25.. 29-30sen termurah/// Tony Fernandes will fix Tune Pro after Capital A & AAX matters are settled... he will make tune pro great again, dia akan bereskan semua macam janji Trump haha

Posted by drkervokian > 1 week ago | Report Abuse

Not as confident as good123.
If nothing else changes hitting 0.18 - 0.21 is quite easy at current momentum.

singkalin

544 posts

Posted by singkalin > 1 week ago | Report Abuse

Is Tune going to bleed heavily this qtr. Price DROP DAILY.

Vhydro

1,581 posts

Posted by Vhydro > 6 days ago | Report Abuse

Most likely another bleeding quarter

Good123

26,432 posts

Posted by Good123 > 4 days ago | Report Abuse

Trump has a much younger German model as his wife, while Tony has a young Korean air stewardess as his partner... similar characters... Tune Pro will be revitalized by Tony Fernandes... buy low.... buy low

Good123

26,432 posts

Posted by Good123 > 3 days ago | Report Abuse

Ipo $1.25. Now 28sen. Scrap value buy

Good123

26,432 posts

Posted by Good123 > 3 days ago | Report Abuse

**Tune Protect** is likely to remain an integral part of **AirAsia** due to several key reasons:

1. **Synergy with Core Business**: As AirAsia focuses on travel, Tune Protect complements this by offering insurance tailored to travelers, creating a seamless customer experience and additional revenue through cross-selling.

2. **Digital Ecosystem**: Tune Protect fits within AirAsia’s broader digital transformation, enhancing its financial services portfolio and supporting its digital superapp strategy.

3. **Revenue Diversification**: Insurance provides a stable, recurring revenue stream, helping AirAsia reduce reliance on the volatile airline business.

4. **Customer Loyalty**: Offering trusted, convenient insurance products strengthens AirAsia’s brand and customer loyalty.

5. **Regulatory and Market Demand**: Insurance meets market expectations and regulatory requirements in many regions, especially for travel-related coverage.

Given these factors, Tune Protect is aligned with AirAsia’s long-term strategy of expanding beyond airlines into digital services, making it a valuable asset for the future.

Good123

26,432 posts

Posted by Good123 > 3 days ago | Report Abuse

NBV @68sen 30/6/24.... kurasia was sold at 1X NBV previously... tune was undervalued.

2024-08-29

Tune Protect Group Berhad - Expect Turnaround in 2H24

sheldon

1,422 posts

Posted by sheldon > 2 days ago | Report Abuse

Good123 - you must be living in lala land

Posted by drkervokian > 2 days ago | Report Abuse

Lol. Market cap only 200mil now. Easy acquisition target.

Good123

26,432 posts

Posted by Good123 > 2 days ago | Report Abuse

Fly like capital a & aax anytime

Good123

26,432 posts

Posted by Good123 > 2 days ago | Report Abuse

Tune Protect Group (TunePro) has potential for a rebound similar to AirAsia and Capital A for several reasons. Both AirAsia and TunePro are associated with Capital A, sharing synergies and benefitting from the airline’s expansive network. Here’s an analysis of why TunePro could experience a similar rebound:

1. Increased Travel Demand Post-Pandemic
Market Recovery in Travel Insurance: With the resurgence of global travel post-pandemic, there is an increased demand for travel insurance products. TunePro, which has a strong focus on travel insurance, stands to benefit significantly. As travel volumes grow, especially with the revival of AirAsia’s flights, TunePro’s revenue from travel-related insurance products is likely to surge.
Cross-Promotion with AirAsia: TunePro’s close ties with AirAsia and integration into its booking platforms provide a strategic advantage. The rebound in AirAsia’s operations could directly translate into more TunePro travel insurance sales, reinforcing TunePro’s revenue streams.
2. Digital Transformation and Product Expansion
Shift to Digital Insurance: TunePro has invested in digital insurance platforms and is gradually diversifying its offerings. Its focus on becoming a digitally-driven insurance provider aligns with the broader market shift toward online and app-based services, attracting younger, tech-savvy customers.
New Product Lines: Beyond travel insurance, TunePro is expanding into other sectors, including health, lifestyle, and SME insurance. This product diversification can reduce its dependence on travel insurance, making it more resilient and positioned for growth across multiple sectors.
3. Cost-Efficiency and Lean Business Model
Efficient Operating Structure: Similar to how AirAsia has managed to streamline costs and focus on a low-cost model, TunePro has maintained a lean operating structure. This allows it to stay competitive on pricing, especially in the budget-conscious travel insurance market.
Strategic Partnerships: TunePro’s collaborations with various digital and insurance ecosystems give it greater access to customers without needing to heavily invest in distribution, helping reduce customer acquisition costs and improve profitability.
4. Potential for Market Expansion in Emerging Markets
Regional Growth Opportunities: Southeast Asia’s emerging markets are seeing rapid insurance adoption, and TunePro is well-positioned to capitalize on this trend. As disposable income rises in these markets, demand for both basic and customized insurance products grows. TunePro’s digital-first approach also aligns with the mobile-first nature of these markets.
Synergy with AirAsia’s Expanding Routes: As AirAsia explores new routes and markets, TunePro can potentially follow, creating new insurance offerings tailored to emerging market travelers and securing a foothold in previously untapped regions.
5. Capital A’s Integrated Ecosystem and Cross-Selling Potential
Integration with Capital A Ecosystem: Being part of the Capital A ecosystem offers TunePro cross-selling opportunities within a broad customer base, including AirAsia’s frequent flyers and BigPay’s financial service users. These integrations provide TunePro with data-driven insights to offer personalized insurance products, enhancing customer retention and average spend.
E-commerce and Lifestyle Partnerships: TunePro’s shift towards lifestyle-oriented insurance products, such as gadget or sports insurance, aligns well with the broader digital and e-commerce initiatives within the Capital A ecosystem, appealing to diverse customer segments.
6. Positive Sentiment from Rebound Stocks
Renewed Investor Interest in Recovery Stocks: As investors look for recovery opportunities, sectors and companies tied to travel, insurance, and digital transformation are gaining appeal. With a recovery theme, TunePro is positioned to attract investor attention, similar to the recent interest in AirAsia and Capital A.
Comparative Valuation Upside: If the market perceives TunePro as an undervalued recovery stock, investor interest could drive its share price up, mirroring how AirAsia has rebounded post-pandemic.
In conclusion, TunePro’s potential for a rebound is supported by travel recovery, a diversified digital approach, and synergies with Capital A’s ecosystem. These factors position it well to capture growth, appeal to digital-savvy consumers, and attract investor confidence, akin to the resurgence seen in AirAsia and Capital A

Good123

26,432 posts

Posted by Good123 > 2 days ago | Report Abuse

Tony fernandes will fix it; he will make tunepro great again; sama macam bagi USA; kedua-dua mereka bercerai dan berkahwin semula dengan bini muda😜😜😜

Good123

26,432 posts

Posted by Good123 > 1 day ago | Report Abuse

tunggu TF bertindak ... trump msia

Post a Comment
Market Buzz