This share is a slow moving share. U can see some big sellers have sell orders at 1.67 even though they can't sell. Why not they wait for the price to reach 1.67 before putting the sell orders. The other aspect is the insiders have not accumulated enough shares but wants to buy cheaper.
HALF of my position is inside tunepro... insurance is a "BORN TO MAKE MONEY" business based on probability and the law of large numbers. Numbers will talk, facts are on the table.... Their loss making Thailand business is now profitable, and the long waited Indonesia M&A is a step by step closer....
TunePro's majority business are generated and riding on AirAsia and AAX Group strenghth. They having the same business model like LonPac and Public Bank whereby LonPac clients are Public Bank loan borowers. If you see AirAsia and AAX business growth in near future so will Tune Pro benefits from this strong ties. Conservative speaking Tune Pro should have fair value of RM2.40 based on 15 times PE.
Result is good. But the dividend has been declared in 1 June. There is no interI'm dividend this round. Perhaps i3investor can amend the data posted here.
hear it yrself from TF , tune's double profit was mainly contributed by AirAsia , Q2 for airasia will be super good as hinted by TF. https://www.youtube.com/watch?v=ZnHNBUbTLV4
look at the comments here, very less people is focusing on this slow and steady stock. Not exciting at all, its just boring...but making money...more and more money.... btw i think today is their analysts briefing, and those analysts report will come out tomorrow. Stay tuned!
Don't worry, tunepro has proven result with double profit last quarter and expect to have even great result onwards. Just hold tight and be patience wait for the next wave of movement. I will see you all at 2.00
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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....
PenguinDad
1,729 posts
Posted by PenguinDad > 2016-08-08 14:05 | Report Abuse
qr result should be out on 18/8.