TUNE PROTECT GROUP BERHAD

KLSE (MYR): TUNEPRO (5230)

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Last Price

0.30

Today's Change

-0.005 (1.64%)

Day's Change

0.295 - 0.31

Trading Volume

683,100


11 people like this.

5,302 comment(s). Last comment by Eric Fong 5 days ago

Junichiro

2,063 posts

Posted by Junichiro > 2017-02-24 11:49 | Report Abuse

Tune was on record as saying the crashed aircraft has been reinsured with other insurers, thus its liability is not much. We do not know whether they are other nasty surprises.

Investeye

2,347 posts

Posted by Investeye > 2017-02-24 11:57 | Report Abuse

Accumulated few lots..
The profit was improved compare with last Q (but no good compare with same Q last year). For me, it is good time to accumulate. The higher claims rate and poorer performance pull down the profit.

alexsee

1,349 posts

Posted by alexsee > 2017-02-24 12:05 | Report Abuse

Net profit and revenue improving from 2013 to 2016.. the price was above RM1.75 from May 2013 to June 2015.. now just selling at RM 1.3

Posted by Marcus Yap Poh Ching > 2017-02-24 12:05 | Report Abuse

bought 5 lot @ 1.32....

Posted by Marcus Yap Poh Ching > 2017-02-24 12:07 | Report Abuse

Revenue increased means the business is growing

Investeye

2,347 posts

Posted by Investeye > 2017-02-24 12:10 | Report Abuse

Latest news from MIDF..

Recommendation. We maintain our BUY stance with an unchanged TP of RM2.18 based on FY17 sum-of-parts valuation. Our positive is on the back of the Group has (1) a first mover’s advantage of digital insurance and digital remarketing (2) dominant market share in local travel insurance with dynamic pricing on travel products, (3) various ongoing initiatives for product innovation, customer oriented and channel, and (4) undemanding valuation of PBV and PER of 2.7x and 16.9x.

Source: MIDF Research - 24 Feb 2017

alexsee

1,349 posts

Posted by alexsee > 2017-02-24 12:15 | Report Abuse

For me, this company is growing.. 2013 revenue = RM389m, Profit = RM68m, 2014 revenue = RM 443m, profit = RM72m, 2015 revenue = RM 480m, profit = RM 68m, 2016 revenue = RM 516m, profit = RM 79m.. These few days dropping, maybe due to Q-Q result dropped 30%..and TF sold some of his share, investor less confident ??

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-02-24 12:21 | Report Abuse

TF needs money to fry AA n AAX leave this value company alone...good time to collect cheap stock

Junichiro

2,063 posts

Posted by Junichiro > 2017-02-24 13:03 | Report Abuse

Have u ever bought motor insurance from Tune? Digital platform etc ....
Try it yourself n u will know.

Noni

742 posts

Posted by Noni > 2017-02-24 15:05 | Report Abuse

Wah! 1.31 now....
If they going to maintain the 5sen dividend payout, not bad oh at this level.

shpg22

2,984 posts

Posted by shpg22 > 2017-02-24 15:15 | Report Abuse

Based on historical payout, should be higher than 5cents. My estimate 5.4cents. At 1.30, will translate to DY 4.15%

Investeye

2,347 posts

Posted by Investeye > 2017-02-24 16:24 | Report Abuse

Still confident with Tunepro which is net cash company..Compare with AirAsia sell down previously.

red_85

1,259 posts

Posted by red_85 > 2017-02-24 16:35 | Report Abuse

so many call warrant..sure pecah 1..

Santiago

466 posts

Posted by Santiago > 2017-02-24 16:54 | Report Abuse

Yes! Getting cheaper.. monday can get 1.25

shpg22

2,984 posts

Posted by shpg22 > 2017-02-24 17:06 | Report Abuse

Highest profit and revenue @ lowest price and PE. Where to find....HAHA

Posted by Chengkai Kck > 2017-02-24 17:08 | Report Abuse

yes....last mins i sapu 10lot 1.28

Junichiro

2,063 posts

Posted by Junichiro > 2017-02-24 22:44 | Report Abuse

A huge chunk of profit belongs to gomen now. So, probably no dividend, I think. They did it to the telcos. Now, it is the insurer's turn. It is hard to earn an honest living here.

nikicheong

2,547 posts

Posted by nikicheong > 2017-02-27 01:32 | Report Abuse

@Junichiro - Have u ever bought motor insurance from Tune? Digital platform etc ....
Try it yourself n u will know

-------------

What do you mean by the above? Is it a good or a bad point you're trying to make?

Retired Boss

1,005 posts

Posted by Retired Boss > 2017-02-27 02:11 | Report Abuse

Disappointed

Posted by Edwardong53 > 2017-02-27 09:42 | Report Abuse

I guess that it's fair for Coldeye to come in to give his comments since he highly recommended ppl to buy/invest in his previous research.

PenguinDad

1,729 posts

Posted by PenguinDad > 2017-02-27 10:40 | Report Abuse

Edwardong53, buy at your own risk and Coldeye also say you need to do your homework.

Junichiro

2,063 posts

Posted by Junichiro > 2017-02-27 11:07 | Report Abuse

Hi niki, when I bought my new car, it was insured with Tune. When it is up for renewal, I went to an insurance co with a big signboard "Tune Insurance" at its office. To my disappointment, it is only their agent n this agent is also selling insurance for other insurers.
They are not keen to renew my car insurance n instead requested me to go back to my car dealer to renew it.

Well, I gave up n them and went to another insurer other than Tune. I now realize that Tune does not have an office by itself to service its clients. I shudder to think if their client have a claim n all their agent wash their hands off the affair.

Posted by Iting Peng > 2017-02-28 00:44 | Report Abuse

why i get a many stupid comments from here。

arv18

2,662 posts

Posted by arv18 > 2017-02-28 11:25 | Report Abuse

Luckily I cut loss @ 1.43. Any idea why this stock is performing so damn poorly?

Why did Felicity recommend this counter?

Posted by Yong Chun Wah > 2017-02-28 20:18 | Report Abuse

Wait4dual listing4tune as well :)

ckBear

16 posts

Posted by ckBear > 2017-03-01 00:33 | Report Abuse

luckily the proposed preliminary decision was just 3.6mil which is 1.7% of the consolidated amount for tunepro. Hopefully all the 22 members of PIAM can escape this :|

ckBear

16 posts

Posted by ckBear > 2017-03-01 00:39 | Report Abuse

even if tunepro can't escape from this 3.6mil penalty, with the strong profits in the future + past, they can handle it easily isn't it? does it really the cause the ~15 cents price drop in last week? hmmm

Investeye

2,347 posts

Posted by Investeye > 2017-03-01 17:48 | Report Abuse

I think Tunepro handle the issue well...at least one of the first company inform their share holders..

Investeye

2,347 posts

Posted by Investeye > 2017-03-01 18:43 | Report Abuse

PETALING JAYA: The General Insurance Association of Malaysia (PIAM) said it is disappointed with the Malaysia Competition Commission's (MyCC) proposed decision of a RM213.45 million penalty against the association and its 22 members, for an agreement which it said was reached on a Bank Negara Malaysia (BNM) directive.

MyCC on Tuesday said its proposed decision against PIAM and its members was due to an agreement PIAM and the Federation of Automobile Workshop Owners' Association Of Malaysia (Fawoam) for fixed trade discount rates for parts of certain vehicle makes and labour hourly rates for workshops under the PIAM Approved Repairers Scheme.

In a statement today, PIAM said the association and its members were disappointed with the proposed decision issued by MyCC, as it has always worked in the best interest of the consumer and in full compliance with the directions of its regulator, BNM.

The association noted that the agreement was reached on BNM's directive to resolve significant consumer complaints regarding repair times in the motor insurance industry.

"PIAM sincerely hopes that MyCC will reconsider its proposed decision and the imposition of the financial penalty against its members. We will be obtaining legal advice to defend its position that this was not an anti-competitive agreement," it added.

shpg22

2,984 posts

Posted by shpg22 > 2017-03-01 19:40 | Report Abuse

MyCC will be lucky to get 20% of the proposed fine. All the insurance companies will team up to fight them off.

darkangell

286 posts

Posted by darkangell > 2017-03-01 19:46 | Report Abuse

Not easy to penalty them

Investeye

2,347 posts

Posted by Investeye > 2017-03-01 20:53 | Report Abuse

Getting more interesting..

Bank Negara slams MyCC’s decision to fine PIAM and its members http://www.thestar.com.my/business/business-news/2017/03/01/bank-negara-slams-myccs-decision-to-fine-piam-and-its-members/ (Share from StockHunter)

ignissimia

1,055 posts

Posted by ignissimia > 2017-03-02 11:04 | Report Abuse

This should be the cue for a trend reversal. Time to accumulate more for me.

Invest1188

772 posts

Posted by Invest1188 > 2017-03-02 13:00 | Report Abuse

insurance in base air ticket good for tune

ckBear

16 posts

Posted by ckBear > 2017-03-06 23:28 | Report Abuse

nice price today, i thought it will not come back here, hope tomorrow can be lower and let me accumulate

zaxysk

78 posts

Posted by zaxysk > 2017-03-08 17:07 | Report Abuse

below 1.30 is a good buy, keep it for long term.

Invest1188

772 posts

Posted by Invest1188 > 2017-03-08 21:39 | Report Abuse

When I tried to book air asia ticket, it seems that the insurance did not bundle with the luggage and meal, this is different from what been announced where to increase the travel insurance, they are bundling,

ckBear

16 posts

Posted by ckBear > 2017-03-10 12:36 | Report Abuse

It is doing a lot more than just flight insurance partnering with AirAsia. It also have reinsurance business..the general insurance business improved a lot in the past few quarters, however with lower margin. But still, it attracted me :D to find out what it provides: https://www.tuneprotect.com/products/

today is the day!! break the support go further down, or stay at this region? i personally hope it goes down more, hahaha!

ckBear

16 posts

Posted by ckBear > 2017-03-10 12:37 | Report Abuse

hmmm..ok ...someone asked a question and somehow the post was missing..makes me looks like talking to myself

Posted by riderblack > 2017-03-13 10:09 | Report Abuse

You are not along! i also accumulate....

ysin

7 posts

Posted by ysin > 2017-03-13 13:42 | Report Abuse

FYI, base on rm1.30 share price and 5 cent dividend annually, it's only 3.8%. how's your formula for the calculation of 10%?

limlw

85 posts

Posted by limlw > 2017-03-13 14:00 | Report Abuse

if u see in the financials tab it shows 3 0.05 cents dividend for first 3 quarters but when i see the dividend/disclosures tab it shows only one 0.05 cents dividend, sorry for the mistake.

ysin

7 posts

Posted by ysin > 2017-03-13 17:49 | Report Abuse

It's okay, everyone make mistake. This can be accumulate, atleast got 3.8% annually. As a insurance base product, take a look at takaful, it might not as well as takaful, but as airasia as a backup for it, the marketcap sure be keep growing.

zaxysk

78 posts

Posted by zaxysk > 2017-03-15 09:21 | Report Abuse

accumulate at 1.30.

limlw

85 posts

Posted by limlw > 2017-03-16 21:19 | Report Abuse

why suddenly up so much?

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