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

labu83

2,565 posts

Posted by labu83 > 2017-05-23 11:24 | Report Abuse

Nie petang rm1.5,kasi makan

John Wick

181 posts

Posted by John Wick > 2017-05-23 11:30 | Report Abuse

what a trap by Tony!

darkangell

286 posts

Posted by darkangell > 2017-05-23 11:33 | Report Abuse

Later drop to lowest, TF in again n talk some big news then shoot up again

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-05-23 12:10 | Report Abuse

Management only good in talk big, but the fact is sucks, travellers don't want to pay for this adds on service

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-05-23 12:20 | Report Abuse

Hope can sell it at around 1.44-1.45, cause this opt in rule really affect seriously. I can't see any possibility to recover back

paktua73

18,357 posts

Posted by paktua73 > 2017-05-23 12:33 |

Post removed.Why?

hueyyng27

298 posts

Posted by hueyyng27 > 2017-05-23 14:52 | Report Abuse

at least got happy one day ... those went AGM also received nice door gifts.

Junichiro

2,063 posts

Posted by Junichiro > 2017-05-23 14:54 | Report Abuse

The announcement is nothing special as all investors know that Tune depends on AA for the bulk of its profits. But what is surprising is who were the sharks which moved it sky high the day before. Those who bought seeing the long white candle are probably licking their wounds.

It is back to the drawing board for Tune.

paktua73

18,357 posts

Posted by paktua73 > 2017-05-23 16:35 | Report Abuse

old man sink not get swalow here but earn in iwcity hel of deep rarely sea he he

Posted by Contrakaki > 2017-05-23 17:08 | Report Abuse

why SC is not taking action against TF? Clearly releasing news to influence share price.

darkangell

286 posts

Posted by darkangell > 2017-05-23 18:06 | Report Abuse

The something big TF mention was QR red colour

Freshbird

82 posts

Posted by Freshbird > 2017-05-23 18:48 | Report Abuse

AAX qtr result also drops more than 90 % as announced today

WM Niaga

1,406 posts

Posted by WM Niaga > 2017-05-23 19:17 | Report Abuse

Better buy Iwcity !!

shpg22

2,984 posts

Posted by shpg22 > 2017-05-23 20:17 | Report Abuse

Told u tony is master of manipulation. First with Airasia, then Tunepro now with AAX.

SUMATECRM1

364 posts

Posted by SUMATECRM1 > 2017-05-23 23:40 | Report Abuse

lol

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2017-05-23 23:41 | Report Abuse

Going back to TP 1.00

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-05-24 08:03 | Report Abuse

Eps 1.5 sen x 4= 6 sen annual, PE = 142/6, means PE is 24 times!

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-05-24 10:52 | Report Abuse

I use to have thought "In Airasia we trust" after yesterday incident I truly understand i was wrong, the truth is "In Airasia we trap". Since I kena trap mind as well just buy more at 1.38 and support. So dear old brother Tony. F please not let me down for second quarter .

GoldenShares

3,544 posts

Posted by GoldenShares > 2017-05-24 10:53 | Report Abuse

: )

shpg22

2,984 posts

Posted by shpg22 > 2017-05-24 10:56 | Report Abuse

Based on my analysis, 2nd Q result will definitely poorer QoQ.
Hope for the best.

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-05-24 11:05 | Report Abuse

MIDF tp at 2.18 UOB 2.08, Macquarie group 1.8 plus Nabeh all this analyst can go eat grass, this two yrs nvr above 1.65.

Posted by Yong Chun Wah > 2017-05-24 11:21 | Report Abuse

52 Weeks Range:
1.27 - 1.72 check it out

Posted by Yong Chun Wah > 2017-05-24 11:24 | Report Abuse

below 1.40, good buy... as long as more and more passengers/flights for airasia regardless of airasia making profit or not, better chance for tune to sell insurance products.

Also, some merger or acquisition activities for tune in indonesia make this stock more potential... also, regardless of earning more or less, tune declares higher and higher dividend yearly

Posted by Yong Chun Wah > 2017-05-24 11:33 | Report Abuse

Just released today. haha

By Affin Hwang Capital
Buy (maintain)
Target price: RM1.57
TUNE Protect Group’s first quarter 2017 net profit of RM11.9mil came in at 16.1% and 13.4% of Affin Hwang Capital’s and consensus estimates.



While the research house said it expected a weaker first half for 2017, the results were nonetheless underwhelming due to the continued adverse effect from the “Opt in” regulatory changes to its travel segment, higher claims from the motor franchise business and lower investment income.
“These are, however, partially offset by a one-off release of Malaysian Motor Insurance Pool (MMIP) reserves of RM4.7mil,” it said.
The research house said Tune Protect’s travel segment continued to be adversely hit by the “Opt in” regulatory changes.
“However, we note that the decline in the number of policies issued has stabilised during the quarter while the company will start the travel insurance bundling for AirAsia’s selected customer segments such as the Premium Flex, Premium Flatbed, etc starting end-May.
“Moreover, we note that the customer pool for its partner airlines is still expanding at a healthy pace and this should eventually translate into better travel policy sales.”
For the general insurance segment, Affin Hwang said the company planned to manage its claim costs through better workshop arrangements.
Noteworthy is that Tune Protect has announced a collaboration with AirAsia for further data integration between the two companies, which would allow Tune Protect to leverage on AirAsia’s data and digital team to digitise its insurance operations and improve the customer experience.
“While we note that it is unlikely to materially impact the Tune Protect’s financials in the short term, we are nevertheless positive on the move which will further strengthen their working relationship and cross-selling capabilities,” said Affin Hwang.
“Despite forecasting a potentially better travel segment performance and lower claims from the general insurance segment, we are expecting Tune Protect’s net profit to bottom in the second quarter of 2017 in the absence of the release in actuarial reserves, before a sequential rebound in the coming quarters.”
image: http://www.thestar.com.my/business/business-news/2017/05/24/tune-protect-group-bhd/~/media/eadc29d55d63405ca97a078e51c5c350.ashx?h=551&w=551


Read more at http://www.thestar.com.my/business/business-news/2017/05/24/tune-protect-group-bhd/#ZlvIgPk8pUSOEbSw.99

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-05-24 11:51 | Report Abuse

Tunepro better up, from your last yr annual report, revenue growth, company fundamental, even business prospect are good!!! Why your share price not up? How could you talk about something big then at the end talk big only? Quarter report is like shit, if you tell me your team had done their best then definitely 'best' is not enough! Don't let me down on second quarter, you are my idol I use to look up to you Mr TF. ... (with tears).....

Posted by Yong Chun Wah > 2017-05-24 12:39 | Report Abuse

target price by midf, even higher. rm2.18 :)

https://klse.i3investor.com/m/blog/midfresearch/123363.jsp

Posted by Yong Chun Wah > 2017-05-24 12:40 | Report Abuse

released yesterday by midf :)

Posted by Yong Chun Wah > 2017-05-24 12:57 | Report Abuse

wait4tie up with big insurance company in Indonesia later this year. then the share price will go wild :)

http://www.thestar.com.my/business/business-news/2017/05/23/tune-protect-still-pursuing-tieup-plan-in-indonesia/

Posted by Yong Chun Wah > 2017-05-24 12:59 | Report Abuse

if u don't want to invest in airlines biz directly, then tune is a good option. closely related to the number of passengers, etc.

Posted by Yong Chun Wah > 2017-05-24 13:10 | Report Abuse

don't jump to conclusion based on one quarter. :)

https://sg.finance.yahoo.com/news/tune-protect-group-why-consider-073257791.html

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-05-24 13:46 | Report Abuse

Thanks brother Yong CW you have ease my mind. Even I was disappointed but it the quarter report has not kill my faith yet. Hope the next quarter report won't kill it.

darkangell

286 posts

Posted by darkangell > 2017-05-24 14:21 | Report Abuse

TF counter is a cunning fox counter. push up the price then run away.
after drop to bottom, they r buying back.

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-05-24 14:54 | Report Abuse

if according to research house the fair value should be around 1.4. So now is a good buy...hope i am not wrong.

Junichiro

2,063 posts

Posted by Junichiro > 2017-05-24 15:10 | Report Abuse

Until Tune delivers, it is too early to see any improvement. Plans are just plans. It is for the long-term, I guess.

Investeye

2,347 posts

Posted by Investeye > 2017-05-24 15:25 | Report Abuse

Recent sell down is over done..Provide opportunity (at present price RM1.36) to accumulate for mid term...

Posted by Yong Chun Wah > 2017-05-24 15:27 | Report Abuse

2 days ago, it has risen to 1.6+, now, below 1.4, opportunity to grab some while u can. haha

firehawk

4,783 posts

Posted by firehawk > 2017-05-24 15:39 | Report Abuse

is very gd stock, very exciting ... give free roller-coaster ride .....

huiyi

90 posts

Posted by huiyi > 2017-05-24 16:13 | Report Abuse

before dividen is 1.42, after dividen 1.37, now back to square 1.36 consider cheap ar?

Posted by Chengkai Kok > 2017-05-24 16:22 | Report Abuse

1.36 buy in sum..

Posted by Yong Chun Wah > 2017-05-24 16:23 | Report Abuse

wait4insurance partner in indonesia, then rise again to 1.6+ or higher haha

Best's News Service via Bestwire - May 23, 2017 10:06 AM

Malaysia’s Tune Protect Group to Pursue Acquisition Plans in Indonesia

Tune Protect Group Bhd. said it will continue to look for a suitable acquisition in Indonesia after aborting earlier deals involving two nonlife insurers in the country. . . .

Posted by Yong Chun Wah > 2017-05-24 16:31 | Report Abuse

those who bought at 1.6+, 2 days ago to play contra would sell all today... driven the price to such level today :)

acceso

103 posts

Posted by acceso > 2017-05-24 16:41 | Report Abuse

more big thing coming, hahaha

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-05-24 17:13 | Report Abuse

Eh let's not talk big anymore shall we?

Posted by Yong Chun Wah > 2017-05-24 17:16 | Report Abuse

relook the price next week.... :)

Posted by Yong Chun Wah > 2017-05-24 17:23 | Report Abuse

last time, airasia was below RM1, above RM3 now... for tune protect, if TF and gang could not make it a success, they could dispose it to insurance giant... wait n see.... dividend yield 3%+... not bad too at this price level.... :)

Posted by iwanttosuccess > 2017-05-24 17:25 | Report Abuse

Buy when everyone sell..
opportunity or not, is up to personal perspective and appetite..

arigato91

101 posts

Posted by arigato91 > 2017-05-25 11:01 | Report Abuse

Dont catch the falling knife....

Posted by Yong Chun Wah > 2017-05-25 11:12 | Report Abuse

rebound in line with airasia today :)

shpg22

2,984 posts

Posted by shpg22 > 2017-05-25 11:52 | Report Abuse

Need to monitor closely. As the saying goes, if you spotted Tony and a snake, kill Tony first.

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