TUNE PROTECT GROUP BERHAD

KLSE (MYR): TUNEPRO (5230)

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Last Price

0.335

Today's Change

+0.005 (1.52%)

Day's Change

0.33 - 0.34

Trading Volume

830,500


11 people like this.

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

Freshbird

82 posts

Posted by Freshbird > 2017-05-25 11:58 | Report Abuse

hahaha, this is funny, kill Tony first

Posted by Yong Chun Wah > 2017-05-25 14:26 | Report Abuse

Nonetheless, Maybank believes AirAsia’s 1Q17 profits (to be released after market close today) would not disappoint as the short-haul market remains strong.

“We estimate a core net profit of RM360mil, the lower year-on-year profit is expected as 2016 was an exceptional year.

“Valuations have turned attractive; AirAsia is the second cheapest low cost carrier globally. Buy with a target price of RM3.75, based on unchanged 10x 2017 PER,” Maybank said.
Read more at http://www.thestar.com.my/business/business-news/2017/05/25/beaten-down-airasia-offers-buying-opportunity/#SWDCFhjpIWSuhQ8A.99

Posted by Yong Chun Wah > 2017-05-25 14:27 | Report Abuse

TF's Airasia will rise further after announcing better results. This might drive up tune as well... haha

Posted by Chew Hon Keong > 2017-05-25 20:01 | Report Abuse

Cunning fox, damn rite . I rmb Last quarter two big share holder hv sold some share b4 quarter report out,said reasonable their investment strategy

ken law

538 posts

Posted by ken law > 2017-05-25 22:08 | Report Abuse

sold at rm1.55 two days ago. bought back at rm1.38

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-05-25 22:50 | Report Abuse

I think this counter has infected by I wanna cry virus.

KL_82

65 posts

Posted by KL_82 > 2017-05-26 08:29 | Report Abuse

Collaboration doesn't mean much, AA&AAX have been helping to sell tune Insurance together all this time. What is more? Discount? Key reason QR is poor due to the regulation and that is why they keep spending to promote their digitized insurance. So good benefit and high claim rate make it no better.

So when FT announced tie up "good news", I dumped all on that day. Just think this share gonna needs longer time..

Posted by Yong Chun Wah > 2017-05-26 10:16 | Report Abuse

more biz for tune regardless of airasia's profitability. :)



“In the medium term, we are also concerned about AirAsia’s rapid expansion into Vietnam, China and Japan before even bedding down IAA, AAP and India,” it said.
Read more at http://www.thestar.com.my/business/business-news/2017/05/26/cimb-research-retains-airasia-target-price-at-rm3pt51/#rS2Y2fPpivkoMtfy.99

Posted by Yong Chun Wah > 2017-05-26 10:31 | Report Abuse

open up more new market for tune..

On the AirAsia's China venture, Fernandes said it represents the first stage of establishing an airline there and the group is unfazed by concern of local airlines may lobby against the idea.

"It is the first stage and we are very proud and excited about it, there are many stages, we been through that in India, there should be something by the end of this year. I can't talk for the other airlines, but all over the world, airlines have been lobbying against us, but we still did it," he said.

Earlier this month, AirAsia signed a memorandum of understanding (MoU) with China Everbright Group and the Henan Government Working Group to jointly explore the planned establishment of a budget airline in China.

The MoU enabled AirAsia, Everbright and the Henan Government "to confirm their interest" in forming joint venture (JV) entity AirAsia (China). Henan is a province in central China.

The MoU parties planned to incorporate AirAsia (China) in Henan's capital city Zhengzhou, which is intended to be the headquarters of AirAsia (China).

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-05-26 12:58 | Report Abuse

Holiday season, the coming quater should be good gua, bought some again at 1.34! TP 1.45

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-05-26 13:35 | Report Abuse

Coming quarter result also will be same or worsen, cause due to the opt in ruling impact.

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-05-26 15:51 | Report Abuse

Bull shit, if base on Tony's speech the impact should be within the first quarter only...if not I will b more disappointed

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-05-26 20:04 | Report Abuse

If based on Tony's speech, everything is big and better! But as what you see the result is terrible. Tony's word is fake, opt in ruling impact is true. Pls don't lie yourself. The fact always is cruel.

cyeec2000

994 posts

Posted by cyeec2000 > 2017-05-26 22:03 | Report Abuse

How does opt in affected tunepro bussiness?

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-05-26 22:14 | Report Abuse

Means they can't put the air ticket price with insurance. Must make it separately, unless customers himself really want to tick it up, or else most customers wouldn't buy. In hundred customer who bought air ticket, probably only got 3-5 people's will buy it only. And the most disaster point is, tuneprotect until so far don't have any solutions to solve it, but only talk big in front of public.

cyeec2000

994 posts

Posted by cyeec2000 > 2017-05-26 23:14 | Report Abuse

Thanks davidkkw79, seem like it won't be recovered in near terms..

Posted by Yong Chun Wah > 2017-05-27 12:37 | Report Abuse

relook at it at year-end. :)

Tune Protect Group seeks acquisition in Indonesia
Posted on 22 May 2017 - 01:36pm
Ee Ann Nee
sunbiz@thesundaily.com





Print
PETALING JAYA: Tune Protect Group Bhd is still actively pursuing an acquisition opportunity in Indonesia.
Indonesia is the third largest market contributor to its travel business and the biggest market in Asean with a large number of its more than 260 million population completely unprotected.
Group CEO Razman Hafidz Abu Zarim said it is talking to several parties on the exercise.
"It's a tough market to penetrate but we want to ensure we tie up with the right partner," he told a press conference after the group's AGM and announcing its digitisation initiative with AirAsia here today.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-05-28 10:49 | Report Abuse

From above article, you should already know that Tony and it's fellow not dare to talk traveller will back to buy travel insurance... They are no confidence at all. They only can talk other thing, to distract people to their empty big plan.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-05-28 10:52 | Report Abuse

Go to buy airasia still OK, but not at this point of time to buy tunepro. The price not low enough yet.

nikicheong

2,497 posts

Posted by nikicheong > 2017-05-28 14:32 | Report Abuse

ROE must move up first before this company can have a rerating. ROE lags P/BV.

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-05-28 22:37 | Report Abuse

This point of time is low enough you can always wait till rm 1, hopefully like what you said it would drop to rm 1, keep your wait it should happen in maybe another 10yrs who knows?

WM Niaga

1,406 posts

Posted by WM Niaga > 2017-05-30 12:16 | Report Abuse

hi..hi..hii...

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-05-30 13:00 | Report Abuse

UOB TP= 1.7, MIDF TP= 2.18, Affin TP= 1.57 current price 1.31, i should accumulate slowly!!!

Posted by Yong Chun Wah > 2017-05-30 13:26 | Report Abuse

All these expansion by Airasia is good4tune whether profitable for Airasia or not.

KUALA LUMPUR: AirAsia is continuing its expansion in the region to become a truly Asean airline, group chief executive officer Tan Sri Tony Fernandes said.

He said the expansion continued with the impending joint venture (JV) in Vietnam and interest expressed by the Cambodian government for AirAsia to venture into the country.

“So, the Asean story goes from strength to strength,” he said in a video message on the overview of the airline’s performance last year and outlook in Kuala Lumpur on Monday.

AirAsia Bhd chief executive officer and executive director Aireen Omar said outside of Asean, the company’s newly set-up Japanese subsidiary was expected to start operations in the second half of this year.




She said in addition, the airline recently signed a memorandum of understanding for a JV to establish a low-cost carrier in China.

“To facilitate AirAsia’s growth, we have established a fleet delivery plan that runs up to 2028.

“This year, the group fleet size is expected to increase by 29 aircraft, which will bring it to 203 A320s by year-end,” she added.

Aireen said apart from the passenger service business, the airline would also focus on increasing ancillary income such as revenue from seat selections, inflight WiFi service, food and beverage, baggage fees, fly-thru flight transfer and duty free products.

“Ancillary income is a high margin business and fuels growth for the company. It is making more meaningful contribution to our earnings and provide an additional source of revenue to buffer against uncertainty,” she added.

She said that last year, ancillary income grew more than 10% to RM48 per passenger.

Meanwhile, to keep AirAsia running at low cost, Aireen said, the airline was centralising many processes to reduce redundancies and optimise cost.

“By centralising many of our functions across the group, we will be able to achieve economies of scale and reduce our unique cost further.

“Our focus is on being cost disciplined while we grow, and improve further, as we integrate all resources throughout the group and become truly one AirAsia,” she added. - Bernama
Read more at http://www.thestar.com.my/business/business-news/2017/05/29/airasia-progresses-towards-becoming-an-asean-airline/#EkckQjevPd0SmxZe.99

Posted by Yong Chun Wah > 2017-05-30 13:40 | Report Abuse

SamuelLuke It seems tune is recovering .. traded up to 1.34 today although the overall market indexes dropped :)

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-05-30 13:56 | Report Abuse

Tears come out without control huuuuuuu thank you see ya guys at rm 1.6- 1.7, I know Tony won't abandone his most faithful investor huuhuuuu

shpg22

2,984 posts

Posted by shpg22 > 2017-05-30 16:18 | Report Abuse

Tony will whack the retail investor first before taking profit. His style

Posted by Cornerstone > 2017-05-30 16:18 | Report Abuse

hahaha ... sure boh

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-05-30 16:29 | Report Abuse

Most company share price has been affected by the "selling in May" phenomena, but not Tunepro. By studying its trading history last year recorded a continuous uptrend. I hope I am not wrong, if not why would UOB tp at 1.7? MIDF 2.18, AFFin1.51 ? Tunepro is a healthy company, infact it is a cash business 'insurance' How worst it could go? Historically it could fell down to 1.25...but it can always back to 1.4-5 easily. Since not gonna lose much but I might earn more to invest now ....why not?

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-05-30 17:19 | Report Abuse

Today end with 2.223m volume, average price at 1.3~1.31 Buy rate with 80%!!!! Those who knows will know, i shall keep quite!! UOB tp=1.7, MIDF TP 2.18, AFFIN TP 1.57, current price 1.31!

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-05-31 09:13 | Report Abuse

Yesterday end with 2.223m volume, average price at 1.3~1.31 Buy rate with 80%!!!! Those who knows will know, i shall keep quite!! UOB tp=1.7, MIDF TP 2.18, AFFIN TP 1.57, current price 1.31!
30/05/2017 17:19

mentos512

287 posts

Posted by mentos512 > 2017-05-31 10:31 | Report Abuse

china and indonesia market will be big contributor to tunepro moving forward...

number2

280 posts

Posted by number2 > 2017-05-31 12:06 | Report Abuse

1.28 break new low

Yole Bek

107 posts

Posted by Yole Bek > 2017-05-31 12:52 | Report Abuse

see u at 1.20

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-05-31 12:58 | Report Abuse

Keep on dreaming big, but the travellers still not willing to buy travel insurances.

darkangell

286 posts

Posted by darkangell > 2017-05-31 13:06 | Report Abuse

If compulsory buy insurance if fly with Asia Asia will be good

Posted by Cornerstone > 2017-05-31 13:08 | Report Abuse

actually the insurance premium is very cheap for overseas travelling, but not many ppl buy... I normally buy when I travel..

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-05-31 14:10 | Report Abuse

after opt in rulling coming out, the willingness of travellers to buy insurance become even worse especially nowadays the market sentiment is very weak

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-05-31 16:57 | Report Abuse

Hero always come out during the darkest hours! Ppl buy before too late at 1.3--!!

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-05-31 16:59 | Report Abuse

UOB TP ~1.7 MIDF TP- 2.18 AFFin TP 1.57, current price 1.3!!!!!

WM Niaga

1,406 posts

Posted by WM Niaga > 2017-05-31 17:01 | Report Abuse

ok..ok... i buy now

shpg22

2,984 posts

Posted by shpg22 > 2017-05-31 23:26 | Report Abuse

Those so called anal-lis are here to whack u la. Always come out with extreme profit forecast and high expectation.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-06-01 01:33 | Report Abuse

Don't be silly be fooled by banker, tunepro always up with fake up, tomorrow will back to rm1.25 again.

John Wick

181 posts

Posted by John Wick > 2017-06-01 01:58 | Report Abuse

this counter has so many false starts. rise a bit then downturn again

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-06-01 07:58 | Report Abuse

Yupe, if you are a investors who has been invested in this stock, should know what John said is right.

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-06-01 09:31 | Report Abuse

This yr they gave higher dividend were fake too? Their annual report last yr recorded higher revenue at least growth was fake too? I wish I won't judge it base on one quarter. Keep for long term and but at low

Posted by Yong Chun Wah > 2017-06-01 09:44 | Report Abuse

tune could be the target for acquisition, very strong in digital insurance. TF m gang might dispose it at the right price n time, not their core biz.

https://www.cio-asia.com/resource/industries/tech-insurance-industry-beyond-the-hype/

Posted by Yong Chun Wah > 2017-06-01 09:49 | Report Abuse

TF could be searching and finding a right buyer for tune also, not their core biz. Use their funds to grow the core biz :)

Posted by Yong Chun Wah > 2017-06-01 09:51 | Report Abuse

nowadays, we talk about merger in the banking industry, etc, I think merger in the insurance industry will be next.

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