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 Teh Kieat Keoi > 2017-08-14 16:38 | Report Abuse

drkervokian, u say right issue coming?

PenguinDad

1,729 posts

Posted by PenguinDad > 2017-08-14 16:46 | Report Abuse

all time low!

nickengk

459 posts

Posted by nickengk > 2017-08-14 16:49 | Report Abuse

share down on a global equiyt rally....interesting!!!

nickengk

459 posts

Posted by nickengk > 2017-08-14 16:53 | Report Abuse

The timing of right issue can not be any worst. Where you get that idea from, DrKervokian.
Dr Kervokian - is he a doctor who helps terminally ill petients to die????

Posted by iwanttosuccess > 2017-08-14 16:57 | Report Abuse

any sign of rebound?
should i continue to hold or sell to cut loss?

Posted by Teh Kieat Keoi > 2017-08-14 17:03 | Report Abuse

iwanttosuccess, i think no one can answer ur question. At this moment, no signal of rebound. Think its coming q report is bad.

Posted by iwanttosuccess > 2017-08-14 17:13 | Report Abuse

thks TKK, i think i will continue to hold
多等一年就不信它不會漲

mentos512

287 posts

Posted by mentos512 > 2017-08-14 17:16 | Report Abuse

with the appointment of the new ceo, any chance of a turnaround shd happened only probably in the next 2 QR.

nickengk

459 posts

Posted by nickengk > 2017-08-14 17:27 | Report Abuse

iwanttosucceed and Yole Bek are abang-adik...bravo!!

Posted by stevenwongg > 2017-08-14 20:48 | Report Abuse

Downtrend to 0.7 and keep for 3 year. Currently wont burst up back to previous price

shpg22

2,984 posts

Posted by shpg22 > 2017-08-14 20:59 | Report Abuse

shpg22 4 more days to hit penny stock status....be patient.
08/08/2017 17:25

As predicted correctly again, after 4 trading days, now 0.995.

limch

3,184 posts

Posted by limch > 2017-08-14 21:56 | Report Abuse

Not logic. Insurance company is cash rich unlike AA or AAX.

nickengk The timing of right issue can not be any worst. Where you get that idea from, DrKervokian.
Dr Kervokian - is he a doctor who helps terminally ill petients to die????
14/08/2017 16:53

Secrecy

748 posts

Posted by Secrecy > 2017-08-15 02:17 | Report Abuse

don't worry, only the panic seller movements. Not about right issue, cash,....just panic intercourse.

chongyo

114 posts

Posted by chongyo > 2017-08-15 06:29 | Report Abuse

It is very common to see insurance company change hand at 2x to 3x book value or even 3-4X P/B multiple for insurance company which has strong earning. If I am not mistaken, MPHB capital sold its general insurance at 2.5x P/B value for Generali.

What Tune protect is going thru' is temporary setback in earning. The real valuation can not be so bad

mentos512

287 posts

Posted by mentos512 > 2017-08-15 10:05 | Report Abuse

it's not easy for insurance company to lose money unless the risk management is really lousy

Posted by drkervokian > 2017-08-15 10:18 | Report Abuse

NOT saying there will be a rights issuance.

Just mentioning that have seen manouvres which will pocket major shareholder proxies handsomely.

And yes. Timing is less than practical given stock price is so low.

BUT...

Their cash position is low. And CEO is overpaid. And with overpaid folks they tend to get 'ideas' like I need more money to BUY/takeover something to grow my business from investment bankers and consultants...

AI lIn's background is from channels relationship. The CMO stint is kinda short with Prudential. And IMHO don't see anything news. Like zero impact.

So to some degree probably says not much operations background. So can't fixed inherent problems in marketing and ops. So a strong warchest could be used to acquire parties that she has worked with while managing the channels or setup some form of incentive schemes to direct otherwise open-ended channels to sell more Tune.

And if you understand insurance you'd know that to increase top line you need the channels.

And with a degree in banking and finance she would have peers in high places whispering...that while stocks may be decimated; Once the numbers come in they will recover. Plus the acquisition will burn a good 2 years into CEO stint.
Looks good in resume

nickengk

459 posts

Posted by nickengk > 2017-08-15 10:33 | Report Abuse

thanks for sharing Dr.K

Posted by HoldingKing > 2017-08-15 10:33 | Report Abuse

The cash position decreased because they have move the cash to FD or reserve. It was written in the report.

cckkpr

219 posts

Posted by cckkpr > 2017-08-15 11:30 | Report Abuse

The lady recently appointed director to replace Tony is from Air Asia and should be able to make a difference. She is the Group Commercial Head and demonstrated her capability by rising the corporate ladder in Air Asia pretty fast.

Posted by pakatan_harapan2 > 2017-08-15 11:40 | Report Abuse

Pakatan=nothing to hide. BN=everything must hide?

Posted by HoldingKing > 2017-08-15 11:50 | Report Abuse

Are u sure cckkpr? She was the CMO from Prudential since 2015.

nickengk

459 posts

Posted by nickengk > 2017-08-15 12:00 | Report Abuse

What is the name of the lady you mentioned, cckkpr?

smartly

6,431 posts

Posted by smartly > 2017-08-15 12:25 | Report Abuse

all airasia tickets selling should bundle with tunepro's insurance, then tunepro will turnaround strongly and leap the share price way pass RM2.

Posted by HoldingKing > 2017-08-15 12:26 | Report Abuse

Khoo Ai Lin. smartly, the Airasia already bundled up the insurance cross selling over 17 countries since July. The links are here. https://www.airasia.com/ask/template.do?id=866

shpg22

2,984 posts

Posted by shpg22 > 2017-08-15 13:34 | Report Abuse

I m not convinced with all this story & news. Show us the numbers then only talk.

nickengk

459 posts

Posted by nickengk > 2017-08-15 15:04 | Report Abuse

only time will tell if she can deliver. cheers

TakeProfits

1,229 posts

Posted by TakeProfits > 2017-08-15 15:09 | Report Abuse

Quite hard to look into future. Execution risks plus demand for tunes insurance. Those who bought, can hold or cut loss.

smartly

6,431 posts

Posted by smartly > 2017-08-15 15:10 | Report Abuse

not only bundle. must have no option to opt out when ticket is purchased.

smartly

6,431 posts

Posted by smartly > 2017-08-15 15:11 | Report Abuse

insurance must be compulsory when purchasing tickets.

nickengk

459 posts

Posted by nickengk > 2017-08-15 15:17 | Report Abuse

unfortunately this is not the case smartly

nickengk

459 posts

Posted by nickengk > 2017-08-15 15:23 | Report Abuse

0.99...getting interesting!!!!

mentos512

287 posts

Posted by mentos512 > 2017-08-15 15:26 | Report Abuse

She might be only a while as CMO but she is old timer in Prudential. She will be the next CEO of Prudential if she chose to stay on. Time will tell if she will turnaround Tunepro. FYI, she has built a banca channel in Prudential that has contributed 40% of the total profit.

arigato91

101 posts

Posted by arigato91 > 2017-08-15 15:26 | Report Abuse

baby drop more baby

fibonacci

250 posts

Posted by fibonacci > 2017-08-15 15:51 | Report Abuse

the moment u tot they gona stage a rebound...it did a fake one

nickengk

459 posts

Posted by nickengk > 2017-08-15 16:11 | Report Abuse

so fibonacci works ???

Posted by Teh Kieat Keoi > 2017-08-15 16:28 | Report Abuse

What I understand, even though Airasia and AAX launched the tickets bundled with tune insurance (value pack, premium flex & premium flatted), but this bundle is more suitable for oversea flight, business flight and travel alone.

For dosmestic flight, normally passengers wont buy this bundle. If a group of peoples take oversea flight, it is also impossible every passenger will buy bundle, normally pasennger will buy luggage weight and share together.

In my opinion, the effect of selling bundled ticket is minimal, unless Tunepro can acquire other insurance company to grow their bussiness then is another story.

nickengk

459 posts

Posted by nickengk > 2017-08-15 16:30 | Report Abuse

or to be acquired??? kakakakak

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2017-08-15 17:06 | Report Abuse

I was wanting to buy at rm1..to average down then it break .995, seems like it gonna go down all the way till quater report out....nabeh...

nickengk

459 posts

Posted by nickengk > 2017-08-15 17:22 | Report Abuse

maybe able to get cheaper later..as long as cyclical growth stocks continue their rallies.

digidigi

103 posts

Posted by digidigi > 2017-08-15 17:24 | Report Abuse

nowaday so many people buy thrid party travel insurance and even a lots of credit card provide free insurance cover of u charge the ticket to their card, who need to buy insurance with airline?

newbie5354

555 posts

Posted by newbie5354 > 2017-08-15 17:30 | Report Abuse

If people don't buy travel insurance how can MH370 and MH17 or 2014 AA Indonesia air crash relatives claim insurance?

Posted by digidigi > Aug 15, 2017 05:24 PM | Report Abuse
nowaday so many people buy thrid party travel insurance and even a lots of credit card provide free insurance cover of u charge the ticket to their card, who need to buy insurance with airline?

Posted by iwanttosuccess > 2017-08-15 17:35 | Report Abuse

non-stop drop!!

小鱼

59 posts

Posted by 小鱼 > 2017-08-15 17:40 | Report Abuse

I have the same view as TKK.

The ticket bundling will help to increase revenue but not as much as some have thought. The premium is RM3 for one way and RM6 for return flight. Tunepro gets 75% of it, 25% goes to airlines.

The reason I'm looking at tunepro is the opportunity of M&A in Indonesia market which the management have been talking for years. lol...

gsi723

907 posts

Posted by gsi723 > 2017-08-15 19:23 | Report Abuse

Tune should protect itself (share price) first... what's next, 95cent?

gsi723

907 posts

Posted by gsi723 > 2017-08-15 19:25 | Report Abuse

If QTR report good, maybe rebound a bit... else, 80cent? can buy insurance to protect its drop further..!!

Posted by Teh Kieat Keoi > 2017-08-15 19:51 | Report Abuse

Signal of rebound:
1. V-shape rebound
- Hammer/ Doji following with next trading day
green candle
- Candle with explosive volume (地量)
- MACD 底背离
- MA Golden Cross 黄金交叉
2. U-shape rebound
- Price will enter consolidation stage with 价平量
低 (bottom), rebound with 价量齐升。

I think Tunepro will be V-shape rebound at a certain price, may be after q report out? may be M&A announcement once day?

Posted by HoldingKing > 2017-08-15 20:53 | Report Abuse

The rebound might be a green candle forming a bullish engulfing.

TrippleZ

1,563 posts

Posted by TrippleZ > 2017-08-15 21:05 | Report Abuse

Rebound? V-Shape? U-Shape? You must be joking

nickengk

459 posts

Posted by nickengk > 2017-08-15 23:05 | Report Abuse

Try L shape ....akkkakakaka

sasword

1,167 posts

Posted by sasword > 2017-08-15 23:41 |

Post removed.Why?

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