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

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-07-12 14:02 | Report Abuse

Tony or kamarudin...

firehawk

4,783 posts

Posted by firehawk > 2017-07-13 09:43 | Report Abuse

so terrible ....

Yole Bek

107 posts

Posted by Yole Bek > 2017-07-13 09:47 | Report Abuse

Is it time to collect?

nickengk

459 posts

Posted by nickengk > 2017-07-13 09:49 | Report Abuse

firehawk - what is so terrible???
also Holdingking what will happen usually after a beautiful hammer has formed 2 days ago?

nickengk

459 posts

Posted by nickengk > 2017-07-13 09:51 | Report Abuse

YB you forgot???
your post 3/7 said you would collect at RM1.00. why ask when it is still at 1.17?

Yole Bek

107 posts

Posted by Yole Bek > 2017-07-13 10:21 | Report Abuse

Beh tahan. haha

paperplane2016

21,668 posts

Posted by paperplane2016 > 2017-07-13 10:23 | Report Abuse

management how?

Posted by Rapidinvest > 2017-07-13 10:31 | Report Abuse

Now is almost touching history low, how can the good company has such poor performance.

Posted by HoldingKing > 2017-07-13 10:47 | Report Abuse

Nickengk, usually a hammer means a trend reversal signal, the next day should formed a green rebound candle, but in tunepro case, ni rebound signal formed. I guess its going to be rangebound somewhere else 1.15-1.25 until Q3 result out. It just keep dropping till no rebound energy, which is really weird. But the overall business is good, we just need more holding power

nickengk

459 posts

Posted by nickengk > 2017-07-13 10:52 | Report Abuse

noted with thanks

hoh13

468 posts

Posted by hoh13 > 2017-07-13 15:04 | Report Abuse

1.00-1.03 strong support,dont scare.

Posted by Teh Kieat Keoi > 2017-07-13 15:14 | Report Abuse

Is director resigned from position must sell his own shares?

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-07-13 15:17 | Report Abuse

apa sell down? only down 2cts only not 20cts

nickengk

459 posts

Posted by nickengk > 2017-07-13 15:23 | Report Abuse

ya lah..only 2sen aja. now worries
It was RM2.50 about 3 years ago.

Posted by Teh Kieat Keoi > 2017-07-13 15:25 | Report Abuse

U misunderstood my question. If a director resign, does he need to sell his own share? Just want to know.

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-07-13 15:29 | Report Abuse

3 years ago, umwog 5.00 now 30.5cts

nickengk

459 posts

Posted by nickengk > 2017-07-13 15:34 | Report Abuse

Only time will tell the winners apart from the losers........isn't that great?

curious2

1,812 posts

Posted by curious2 > 2017-07-13 15:42 | Report Abuse

Why TF resign? Biz getting worse?

Posted by Teh Kieat Keoi > 2017-07-13 15:43 | Report Abuse

Very big sell volume, where is this volume from? Tony? Institute? Foreign rund? Retailer?

curious2

1,812 posts

Posted by curious2 > 2017-07-13 15:44 | Report Abuse

Earlier TF sold Tune why now also he resigned?

Posted by HoldingKing > 2017-07-13 15:46 | Report Abuse

Airasia just launched valuepack includes tunepro insurance, CIMB research said the margin generated from bundling is around RM3-RM6

Imagine there 50% of 60m passengers flied with airasia bought valuepack.
30m passengers x RM 4 margin = RM120m

Can u see the numbers? N best of all is no big cost needed for expansion. It taps on airasia platform.

Yole Bek

107 posts

Posted by Yole Bek > 2017-07-13 16:05 | Report Abuse

can anyone tell me what is going on?

小鱼

59 posts

Posted by 小鱼 > 2017-07-13 16:09 | Report Abuse

50%? that's too optimistic.

Only 6% of Airasia passengers bought Premium Flex, Premium Flatbed and Value Pack.
http://klse.i3investor.com/blogs/sin_chew_hot_stocks/125824.jsp

Posted by HoldingKing > 2017-07-13 16:20 | Report Abuse

That 6% is from premium flex & flatbed value pack. It doesn't include the normal valuepack. U think the normal valuepack would be 6% only?
sure more than 6% people buy luggages n lunch during flight. Well I guess only next year we would see the results.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-07-13 16:25 | Report Abuse

Where to get that kind of 60m passengers ?

小鱼

59 posts

Posted by 小鱼 > 2017-07-13 16:27 | Report Abuse

I just state what's mentioned in the CIMB research report. Below is the english version which I directly copy from the CIMB research report.

Product bundling for only 6% of AirAsia’s passengers
From May 17 onwards, Tune Protect will start to bundle its products for AirAsia’s
customers for the Premium Flex, Premium Flatbed and Value Pack classes. Although this
will increase the take-up rate for its products, the impact on its top and bottomline would
not be significant because (1) the customers of these three classes only account for
about 6% of AirAsia’s total passengers, and (2) premium per policy is low at only RM3-6.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-07-13 16:30 | Report Abuse

premium per policy is RM3-6....not profit lei....it is premium fee !

JT James

321 posts

Posted by JT James > 2017-07-13 16:46 | Report Abuse

Holdingking, tunepro business include excess baggage and meal on flight?

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-07-13 16:49 | Report Abuse

..... = =

nickengk

459 posts

Posted by nickengk > 2017-07-13 16:49 | Report Abuse

thank you "small fish"

914601117

541 posts

Posted by 914601117 > 2017-07-13 17:00 | Report Abuse

"small fish" please dont sell. Big mama shark wanna sell first

shpg22

2,984 posts

Posted by shpg22 > 2017-07-13 17:02 | Report Abuse

Good...with Tony resigned, hopefully the management expenses can be reduced. Sitting there taking paid is no good for the company. Always saw him having fun around the world in his instagram. TNS

Posted by HoldingKing > 2017-07-13 17:24 | Report Abuse

It plans to bundle its air travel insurance with AirAsia's Value Pack by the end of June 2017. Presently, the product bundling is only available for Malaysia and Thailand, the first and 2nd largest market respectively for travel insurance. By July and August 2017, this will be extended to all markets.

The 6% probably just Malaysia customer.

JTJames, www.tuneprotect.com

Posted by Teh Kieat Keoi > 2017-07-13 17:37 | Report Abuse

This stock performance is worse than AAX. Drop like no tomorrow. Opt in ruling, profit drop, CIMB downgrade, liberalize auto insurance, tony & kamaruddin resign. All the bad news come one by one. Really shit.

JT James

321 posts

Posted by JT James > 2017-07-13 17:44 | Report Abuse

Holdingking , thats not true . TuneProtect business does not cover meals and excess baggage

Posted by HoldingKing > 2017-07-13 17:47 | Report Abuse

Be Greedy when people are fearful.

The annual net profit still the highest since IPO
Dividend increasing
Net Cash Company, zero debt.

I have no idea, why the share drop like no tomrrow but, as long as the business nature is good, is worth looking at it

Posted by Teh Kieat Keoi > 2017-07-13 17:54 | Report Abuse

@HoldingKing, thanks for your encourage.

小鱼

59 posts

Posted by 小鱼 > 2017-07-13 17:56 | Report Abuse

914601117, I didn't own any tunepro share. Tunepro is a good company but currently there's too much uncertainty on it. Have to evaluate the risk before buy in any company...

HoldingKing, my interpretation is that based on the historical data, there's 6% of Airasia's TOTAL passengers that bought any of the 3 packages. The bundling package currently only available in Malaysia and Thailand so most probably it will be lower than the 6%.

Posted by HoldingKing > 2017-07-13 18:05 | Report Abuse

Well Thank you for all your views. That was a really kind & great sharing of you all. There is no right or wrong, we shall see the profit in the coming quarters. :)

The share price has reached 1.15 the ultimate support back in January 2016. We shall see if rebounds coming soon. Lowest price in history is 1.1

JT James

321 posts

Posted by JT James > 2017-07-13 18:13 | Report Abuse

No right and wrong in predicting the price. But to give wrong information regarding what the business cover is very bad

小鱼

59 posts

Posted by 小鱼 > 2017-07-13 18:22 | Report Abuse

Yeah, I think in long term tunepro will be good.

Regarding on the recent drop in share price, I think there's some hint in the CIMB report. The MAVCOM opt-in rules were announced in July 2016 and since then tunepro result have been impacted. The next qr will be like comparing an injured tunepro (2Q2017) with the tunepro at it's peak (2Q2016). Below paragraph I copied from the report:

Expecting a qoq recovery in 2Q17 net profit
The product bundling would help Tune to record a qoq increase in net profit in 2Q17.
However, gross premium could still decline yoy in 2Q17, due to the change in the switch
to an “opt-in” function in Jul 16. In view of this, we estimate that 2Q17 net profit could
potentially decline by around 50% due to weaker insurance premium.

Posted by Teh Kieat Keoi > 2017-07-13 18:30 | Report Abuse

Actually Tunepro case is similar to Karex. Karex business is good, got future prospect, No. 1 in condom industry, Revenue up but the profit drop in this quarter, the price is slump from 2.2x to 1.5x.

Flintstones

1,762 posts

Posted by Flintstones > 2017-07-13 18:30 | Report Abuse

Long term down trend. Sell.

Posted by HoldingKing > 2017-07-13 19:33 | Report Abuse

Karex was due to increase in rubber price that lowers down their net margin. Tunepro was due to Mavcom, hence Tunepro could only lower their premium to gain more volumes. In the era of global tourism u could see from airport posting increase of tourists every month, main contributal by Airasia, it would definitely somehow have positive impact on tunepro profit in medium to long term

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-07-13 22:33 | Report Abuse

Kasihan kasihan...

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-07-14 07:29 | Report Abuse

No doubt tuneprotect will keep going down everyday 1 to 2 sens. Sooner or later will down to 90sen.

khwong2028

121 posts

Posted by khwong2028 > 2017-07-14 10:12 | Report Abuse

bought again , i think this counter is long term investment . i have confidence in this company !!!

nickengk

459 posts

Posted by nickengk > 2017-07-14 10:14 | Report Abuse

thanks holdingking, that is why i prefer MAHB than AirAsia....hehehehe ..less risky

914601117

541 posts

Posted by 914601117 > 2017-07-14 12:23 | Report Abuse

sold it, will buy back below RM0.60

Posted by HoldingKing > 2017-07-14 13:07 | Report Abuse

Are you guys seriously think it would drop to 60cents or 90cents? I mean come on, it has to be logical n make sense.

When tunepro was at its worst financial situation, it drops to lowest 1.10. Now tunepro has got the highest annual revenue n net profit since IPO. What are the chances it would drop to 60cents or 90cents.

This company never lose money, no debts, sits on pile of CASH. All this 60cents n 90cents target doesn't make sense.

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