TUNE PROTECT GROUP BERHAD

KLSE (MYR): TUNEPRO (5230)

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Last Price

0.33

Today's Change

-0.005 (1.49%)

Day's Change

0.33 - 0.33

Trading Volume

80,000


11 people like this.

5,268 comment(s). Last comment by singkalin 3 weeks ago

icon123

57 posts

Posted by icon123 > 2016-03-02 16:04 | Report Abuse

Strong breakout for Tunepro, will fly together with AA, dont miss it !!!

Mk17

51 posts

Posted by Mk17 > 2016-03-02 16:06 | Report Abuse

compare with ALLIANZ........

stainlyho37

2,271 posts

Posted by stainlyho37 > 2016-03-02 16:13 | Report Abuse

ok..Airasia ,aax all breakout.....can pump in Tune pro more !!!

powerup

117 posts

Posted by powerup > 2016-03-02 16:27 | Report Abuse

buy


where got insurance co so cheap one.

newbie119

53 posts

Posted by newbie119 > 2016-03-03 08:57 | Report Abuse

Early morning so many buyer queue, what happen?

Posted by agrimineral > 2016-03-03 09:08 | Report Abuse

That is the way. Only go up.

sharktank

805 posts

Posted by sharktank > 2016-03-03 09:53 | Report Abuse

Engine start. : ) ...at last.....waited so long for a week.

homey

100 posts

Posted by homey > 2016-03-03 09:54 | Report Abuse

Go go go tunepro-cf!! Anyone buying the warrant here?

sharktank

805 posts

Posted by sharktank > 2016-03-03 10:05 | Report Abuse

those resistance watcher will say 1.34 liao, sell loh. to me, it is 1.54 u see if you want to add more. : )

Investeye

2,347 posts

Posted by Investeye > 2016-03-03 11:34 | Report Abuse

Further disposed some lots at rm1.30 to take profit and buy back when price down again

firehawk

4,782 posts

Posted by firehawk > 2016-03-03 15:38 | Report Abuse

next star ... after Airasia and AAX .....

cchin

571 posts

Posted by cchin > 2016-03-03 15:50 | Report Abuse

Joining AA and AAX

sharktank

805 posts

Posted by sharktank > 2016-03-03 16:18 | Report Abuse

nice. : )

sharktank

805 posts

Posted by sharktank > 2016-03-03 16:19 | Report Abuse

why so many jokers around ya..dream on to buy back below 1.30 loh. : )

powerup

117 posts

Posted by powerup > 2016-03-03 16:21 | Report Abuse

$ 1.50 first target

$ 2.00 3 months target.

sharktank

805 posts

Posted by sharktank > 2016-03-03 16:49 | Report Abuse

marching to 1.54. : )

lmao

87 posts

Posted by lmao > 2016-03-03 19:47 | Report Abuse

No chance to buyback liao :(

alivetoinvest

1,237 posts

Posted by alivetoinvest > 2016-03-03 22:18 | Report Abuse

Greentrades recommend last night lol

tkhe1313

179 posts

Posted by tkhe1313 > 2016-03-04 00:37 | Report Abuse

Nice movement. At least 1.5

mikeong

7 posts

Posted by mikeong > 2016-03-04 08:42 | Report Abuse

Tunepro bagus

stainlyho37

2,271 posts

Posted by stainlyho37 > 2016-03-04 15:53 | Report Abuse

buy back 1.34.....immediate tp: 1.54....

cchin

571 posts

Posted by cchin > 2016-03-04 16:11 | Report Abuse

Good buy.

stainlyho37

2,271 posts

Posted by stainlyho37 > 2016-03-04 16:40 | Report Abuse

who want the balance 1.34...i will take all later...

homey

100 posts

Posted by homey > 2016-03-04 23:16 | Report Abuse

Can buy the warrant for cheaper option. Tunepro-cf is selling at 2 cents only today. Saw a lot of buying interest both in mother and warrant. Good momentum

newbie119

53 posts

Posted by newbie119 > 2016-03-04 23:23 | Report Abuse

Tunepro still far away from IPO price RM1.55.
With both AA and AAX flying high, Tunepro may shine too.

Posted by William Tan > 2016-03-06 11:52 | Report Abuse

still can up ma....tony sell airasia share

CFTrader

812 posts

Posted by CFTrader > 2016-03-06 17:17 | Report Abuse

hmm... I'm having a hard time to read Insurance company balance sheet, cashflow etc etc...
it's ... different...

oi88

51 posts

Posted by oi88 > 2016-03-06 17:42 | Report Abuse

Target Price for TUNEPRO (TP): RM1.86 by MIDF

http://klse.i3investor.com/files/my/ptres/res34109.pdf

stainlyho37

2,271 posts

Posted by stainlyho37 > 2016-03-07 10:07 | Report Abuse

expect fly higer.....continue q buy in...1.40 today ??

mikeong

7 posts

Posted by mikeong > 2016-03-07 11:18 | Report Abuse

Thankyou tune. Sell finish.

tc88

573 posts

Posted by tc88 > 2016-03-07 11:47 | Report Abuse

Sell exporter and buy Tunepro !!!

Posted by SuperTrade > 2016-03-07 11:52 | Report Abuse

BUY Tunepro!!!

homey

100 posts

Posted by homey > 2016-03-07 12:25 | Report Abuse

Agreed with all of u. Buy buy buy. Anyone here buying the warrant tunepro-cf? Very cheap. Selling at 2.5 cents only now. Let ke know if it good to buy the warrant. Cheers

cchin

571 posts

Posted by cchin > 2016-03-07 15:01 | Report Abuse

wow ... 1.38

firehawk

4,782 posts

Posted by firehawk > 2016-03-07 15:34 | Report Abuse

fly again .... AA,AAX group ......

KedahMalay

573 posts

Posted by KedahMalay > 2016-03-07 16:29 | Report Abuse

up

oi88

51 posts

Posted by oi88 > 2016-03-07 18:33 | Report Abuse

Volume going up, when can break RM1.4?

Posted by William Tan > 2016-03-07 18:33 | Report Abuse

why cant up drop lagi

homey

100 posts

Posted by homey > 2016-03-07 20:53 | Report Abuse

the volume has improved these past few days. something is brewing. maybe pending some announcement. better keep an eye very closely on this counter

Posted by William Tan > 2016-03-08 18:11 | Report Abuse

still got chance to up bo?

matrix6050

1,265 posts

Posted by matrix6050 > 2016-03-09 11:09 | Report Abuse

:)

homey

100 posts

Posted by homey > 2016-03-10 14:49 | Report Abuse

Huat huat touching 1.4 sooon...

Posted by agrimineral > 2016-03-10 15:08 | Report Abuse

Whatever, I take profit.

piggybank

132 posts

Posted by piggybank > 2016-03-11 09:14 | Report Abuse

Tune Protect
Better year ahead
Setting aside losses incurred by its Thai associate, Tune’s FY15 ended on a fairly
good note as TIMB broke even, coupled with sustained double-digit top-line growth
from its online unit. Despite recent gains, we see room for further upside underpinned
by earnings getting back on to a growth track and reasonable valuations. We keep
Tune as a mid-cap top pick and raise our target price to RM1.65.
In FY15, Tune saw its gross and net earned premiums jump by 7% and 14%, respectively,
the latter mainly due to higher premiums retained within the Group. Despite the
commendable top-line performance, earnings declined by 5% on losses incurred by its Thai
associate (TIPCL). Tune managed to grow its operating profit by 2% in spite of lower
investment income recorded, buoyed mainly by TIMB reaching a breakeven point in FY15 as
compared to a loss of RM2.3m posted in FY14. Combined ratio, the inverse of which is a fair
measure of an insurer’s underwriting profitability, were in line with FY14’s at 84%, even with
an increase in management expenses. Nevertheless, management expenses slowed
significantly in 4Q15, causing FY15’s core profit to coming in 10% above our forecast.
Following the stronger than expected FY15 results, we lift our FY16-17F forecasts by 11-
12% upon factoring in better growth prospects for the online segment, as well as lower
management expenses. These were partially offset by our expectations for higher net
commissions, lower income from its investment activities due to Tune’s conservative take on
the equities and bonds markets, and lower contributions from its associates/JV. While we
note that its Thai unit dipped into the red in FY15 on a mix of marketing, advertising and
personnel costs, management guides for a turnaround in FY16 driven by measures aimed to
rationalise its current product offering and distribution lines. As such, management is positive
that a turnaround for TIPCL is on the cards for FY16
Upon raising our estimates, our GGM-derived TP rises from RM1.40 to RM1.65 based on a
sustainable ROE of 16.7%. Following its latest results announcement, Tune’s share price
has appreciated by 14%. On revised estimates, valuations are still attractive at 11.9x FY16F
PER while we see a pick up in earnings growth (driven by stronger underwriting profit and a
turnaround for its Thai unit) as a key catalyst. Tune also offers a yield of ~4%.

firehawk

4,782 posts

Posted by firehawk > 2016-03-14 10:02 | Report Abuse

besting 。。。

homey

100 posts

Posted by homey > 2016-03-14 15:42 | Report Abuse

Next checkpoint will be 1.50. Embrace yourselves, people! We are going for a high ride

kenz

181 posts

Posted by kenz > 2016-03-14 16:21 | Report Abuse

slowly turning around...good sign

Posted by LogicTradingAnalysis > 2016-03-14 23:58 | Report Abuse

Tunepro moving well, as expected and it's my stock picks for march:
http://klse.i3investor.com/blogs/logictradinganalysiss/92956.jsp

cskek81

238 posts

Posted by cskek81 > 2016-03-16 16:06 | Report Abuse

Now 1.40??? my remiser also said short will go up till 1.8++, true or not?

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