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

Posted by Yong Chun Wah > 2017-06-01 09:54 | Report Abuse

i think, they are waiting to let go at the right price, be patient :)

http://www.businesstimes.com.sg/banking-finance/airasia-founders-tune-group-considers-selling-insurance-holding

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-06-01 09:55 | Report Abuse

In simple terms, the current share price is low enough!

Posted by Yong Chun Wah > 2017-06-01 09:56 | Report Abuse

if they announce something like this, the price will start to go up fast :)

http://www.businesstimes.com.sg/banking-finance/airasia-founders-tune-group-considers-selling-insurance-holding

Posted by Yong Chun Wah > 2017-06-01 10:33 | Report Abuse

to comply, expected some actions before the deadline :)

http://m.malaysiakini.com/news/223890

KL_82

65 posts

Posted by KL_82 > 2017-06-02 07:49 | Report Abuse

If bought at high point, already 20% loss now.. maybe it is time to cut loss?

Flintstones

1,762 posts

Posted by Flintstones > 2017-06-02 07:53 | Report Abuse

I expect tune protect to challenge rm0.70. The fundamentals of the business has rot since the mavcom opt in ruling

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-06-02 08:11 | Report Abuse

Lowest 1.27, looking at the supportive volume. It can fly anytime.

John Wick

181 posts

Posted by John Wick > 2017-06-02 09:45 | Report Abuse

another attempt to reverse trend...but not very convincing

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-06-02 10:47 | Report Abuse

You are welcome for not following it. :) 1.4 coming soon

Jun Yu

67 posts

Posted by Jun Yu > 2017-06-02 20:40 | Report Abuse

Dont look at the share price, look at the business...

Normally they sell 2m Travel policies/quarter, after the MAVCOM rule, only 1.4m/Q policies were sold... its a 30% drop in business....

ALL The increase in revenue is from the General Insurance which is a thin margin business compare with Travel Insurance...

Thats why the PROFIT dropped 30% in Q4 and nearly 50% in Q1!!!

PROFIT DROP = SHARE PRICE DROP

Jun Yu

67 posts

Posted by Jun Yu > 2017-06-02 20:44 | Report Abuse

If u are looking at the numbers, u will unload all the shares @1.5++ after the Q3 QR released.

Perhaps the Travel Insurance pick up rate will come back after some initiatives are done. Before that, I wont touch it.

Btw i will still continue to buy travel insurance when i fly.... but not every one will...

Posted by Yong Chun Wah > 2017-06-05 10:34 | Report Abuse

wait4other local insurance companies offer to take over or merge with it e.g. maybank insurance, etc :)...they could do the biz for mas if a GLC.

Posted by Yong Chun Wah > 2017-06-05 13:25 | Report Abuse

http://www.theedgemarkets.com/article/pay-motor-insurance-based-risk-profile-—-piam

beneficial to low cost model like tune :)... believe in merger/acquisition in the local insurance industry soon :)

Posted by Yong Chun Wah > 2017-06-06 10:06 | Report Abuse

airasia continues to grow would bring more biz to tune :)

http://m.thesundaily.my/news/2017/06/05/airasia-again-asias-leading-low-cost-airline

Yole Bek

107 posts

Posted by Yole Bek > 2017-06-06 18:39 | Report Abuse

collect at 1.20

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-06-07 08:01 | Report Abuse

The business just getting started to expand where got slowing down??? Have faith and accumulating

nickengk

459 posts

Posted by nickengk > 2017-06-07 10:30 | Report Abuse

the core biz is travel insurance and this is the segment that is not growing, but shrinking. management has yet to deal with it effectively..no?

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-06-07 10:47 | Report Abuse

Thts why the started bundling with airasia, and with the growth of airasia, Tunepro would solve this issue, the bundling start end of May, it's hold be translated into profit in coming quarter.

Posted by Yong Chun Wah > 2017-06-07 15:14 | Report Abuse

waiting4announcement, merger, etc with other insurance players if any :)

Orson Chin

2,063 posts

Posted by Orson Chin > 2017-06-12 00:37 | Report Abuse

insurance company is good business if running well.....

nickengk

459 posts

Posted by nickengk > 2017-06-13 09:27 | Report Abuse

any business is good business IF running & making money

shpg22

2,984 posts

Posted by shpg22 > 2017-06-13 11:34 | Report Abuse

Lousy management & keep hallucinating on growth. Manage to unload all stock. Going to avoid Tony stock at all cost.

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-06-13 14:03 | Report Abuse

This is a profit company and it is the fact that Airasia is growing on fleet size, and we have AAX and tuneprotect insurrance too. How bad the management is??

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-06-13 14:29 | Report Abuse

Have faith! Lower TP 1.7, Higher TP 2.1, current price 1.3!!

shpg22

2,984 posts

Posted by shpg22 > 2017-06-13 14:34 | Report Abuse

The only thing I see that is growing at double digit is the management expenses. Ask tony what the f is that?? As long as this expenses keep growing at this rate coupled with contraction in travel insurance premium, you can forget about the earning growth.

shpg22

2,984 posts

Posted by shpg22 > 2017-06-13 16:21 | Report Abuse

If analyst can trusted, there won't be beggar on the streets d

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-06-13 16:34 | Report Abuse

Have u see it's big shareholder start to buy in? No right! Coming quarter report still will be very worse result.

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-06-13 16:57 | Report Abuse

Ya I believe analysts can't be trusted but u can't stop me from buying :)

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-06-13 16:58 | Report Abuse

I have done my own calculation, it is worth buying! Let's see....

smartly

6,431 posts

Posted by smartly > 2017-06-14 15:31 | Report Abuse

someone accumulating....

smartly

6,431 posts

Posted by smartly > 2017-06-14 15:31 | Report Abuse

sapu.....

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-06-14 17:16 | Report Abuse

Have faith on the way!!

ignissimia

1,055 posts

Posted by ignissimia > 2017-06-15 12:02 | Report Abuse

Payment date of 5.2c Div is today 15th June.

gankc2011

103 posts

Posted by gankc2011 > 2017-06-15 12:13 | Report Abuse

Since today is the payment date. Have anyone received the dividend?

jk37

81 posts

Posted by jk37 > 2017-06-15 22:37 | Report Abuse

already received the dividend

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-06-16 17:14 | Report Abuse

already received good dividend. Good pay for long term investment, good business prospect, with almost 100% sure capital gain!

shpg22

2,984 posts

Posted by shpg22 > 2017-06-20 11:47 | Report Abuse

Downgraded to 1.00 due to no confidence on the management.

Posted by HoldingKing > 2017-06-20 19:32 | Report Abuse

Last year online policies sold 7000 units. This quarter already sold 3000units. 1 quarter is 45% of last year total policies issues. Can u see the trend is coming?

willc48

720 posts

Posted by willc48 > 2017-06-20 22:04 | Report Abuse

Tunepro no value. Trying hard to find buyer for the company but no taker

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-06-21 09:35 | Report Abuse

at this price still not reasonable...at least need to down to around rm 1.15

KC53

363 posts

Posted by KC53 > 2017-06-21 10:37 | Report Abuse

Looks not good. Y oh

Posted by Cornerstone > 2017-06-21 10:52 | Report Abuse

all falling... market bad la..

nickengk

459 posts

Posted by nickengk > 2017-06-22 11:43 | Report Abuse

The fintech prog is for the inflight purchase. How does this translate to more growth for TuneP??

shpg22

2,984 posts

Posted by shpg22 > 2017-06-22 11:51 | Report Abuse

Tony will relate everything to Tunepro growth. But all this are in their wildest wet dream.

Junichiro

2,057 posts

Posted by Junichiro > 2017-06-22 11:55 | Report Abuse

What do ppl buy on inflight purchasing. Insurance ? I think not. souvenir items most probably. Or having air stewardess trained as insurance agents ? What a joke.

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