Posted by warchest > 2018-03-05 14:57 | Report Abuse

fatso go Holland with his Korean wife. Better do plastic surgery in Korea and hide away to Jeju.

Posted by ethan > 2018-03-05 15:41 | Report Abuse

this counter hit me badly , and the high management expenses is unjustified.

Posted by shpg22 > 2018-03-05 15:59 | Report Abuse

the worst has yet to come

Posted by Jeffreyteck > 2018-03-05 16:55 | Report Abuse

@ethan... if you read its financial reports, you will find higher remuneration for chief despite lower profit or higher losses. Of course this is not uncommon in this country. As a staff, management always stress their KPIs, unfortunately it doesn't work for listed companies management and BOD as regulators just close their eyes.

Posted by ethan > 2018-03-05 17:25 | Report Abuse

@Jeffreyteck , it is higher management fee, possible due to the newly onboard CEO , chief actuary and fintech background VP. In fact, if more talent is joining the company with commendable financial performance, then it is still acceptable. but right now it fail with certain key area:

1. Lousy customer service that unable to support the new and existing customer.
2. very stupid mobile apps, that unable to attract users, and worst, no sign of improvement so far.
3. The claim ratio is high for motor insurance and in fierce competition, and yet the group is focus in this segment.
4. There are more that the group is failed to enlighten the investor, especially those empty promises, there is a huge different between empty promises and feel optimistic. unfortunately tunepro seem fall under the empty promises side

Posted by warchest > 2018-03-05 17:34 | Report Abuse

Tune hotel they are not prudent with their operating costs - spending more despite not showing any growth

Sales (FYE 2017, FYE 2016) RM543 mill , RM517 mill - up 5%
PBT (FYE 2017, FYE 2016) RM53 mill , RM95 mill - down 44%


Management expenses (FYE 2017, FYE 2016) RM121 mill , RM107 mill - up 13%

Meaning sales up abit, PBT going down. but management expenses up 13%, which mean higher staff and management cost. Why pay them so well if those tune staff and management team not performing. Salaries and bonuses should commensurate with their performances. Such a badly managed company. spending without any return

Posted by warchest > 2018-03-05 17:35 | Report Abuse

and tune protect their services worse than the rest of the providers.

Posted by Jeffreyteck > 2018-03-05 18:52 | Report Abuse

Sounds like have to revise further to below 75, that is more than 50% discount from early last year. Sabar.... based on own experience, when there is so call external talents jumped in, first thing first is they will engage consultants instead of those talents work it out (hopefully is not for this Pro) which will drive up the management expenses. Perhaps the company should disclose the value add provided by these talents.

Posted by SamuelLuke > 2018-03-06 09:26 | Report Abuse

They will pump more and more money eventually the next quarter won't look nice to because of those blood sucker talent.... Hopefully they can save this company at year end. But at this moment u guys better sell, don't wait till it start losing money.

Posted by Victor Yong > 2018-03-06 10:57 | Report Abuse

wait4the the announcement on dividend... dividend is rising yearly... if higher dividend is declared, up again :)

Posted by shpg22 > 2018-03-06 11:50 | Report Abuse

Dividend rising if earning too. If dividend rising but earning drop something is not right.

Posted by vincent27 > 2018-03-06 15:18 | Report Abuse

HOLD IT....insurance still have many rooms to growth..

Posted by Victor Yong > 2018-03-06 16:58 | Report Abuse

just hold 1st. many airlines are offering tune protect insurance now. wait FIRST... already so low, the share price... collect dividend :)

Posted by sheldon > 2018-03-06 19:42 | Report Abuse

21 Nov announcement states that ESOS was offered to employees with a strike at 0.99. Now surely these employees have skin in the game and they are sore.

But I'd expect them to work hard and pour in all their creative juices to get this company on track to profitability. If the share price wanders too far below the strike, then Tony may see good employees leaving and he (and we) will be left with the duds.

Posted by gankc2011 > 2018-03-06 20:41 | Report Abuse

Tune protect better be giving dividend. I think the annoucement for this should be at the end of March. If no dividend is declared, I m worry the share price of these company might go down further.

Posted by sheldon > 2018-03-06 22:22 | Report Abuse

Actually if Tunepro is not cooking up the books, the performance isn't all that bad. They've that all important top-line growth.

Posted by Jeffreyteck > 2018-03-07 08:19 | Report Abuse

Both EPS and profit hit max in Jun 2016, now it hit the lowest in Dec 2017. A mild drop is acceptable but it dropped quite substantially. Unless the worse is over (only insider know as there is no any indication from management), still maintain no go till TP75.

Posted by shpg22 > 2018-03-07 15:24 | Report Abuse

Look at the Combined Ratio (CR) instead of EPS. TUNEPRO CR has exceed 100%, this compare to LPI of only 59%. A combined ratio of more than 100% means that an insurance company had more losses plus expenses than earned premiums and lost money on its operations. Latest quarter also register its first underwritting losses. Its rotten from core.

Posted by Yole Bek > 2018-03-07 17:27 | Report Abuse

i think HoldingKing also can't hold anymore

Posted by shpg22 > 2018-03-07 18:57 | Report Abuse

I always tell ppl, don't buy stock of company that you are working in. Coz u think u know more than others, but the facts is unless you are an accountant or higher management u know nuts about the company financial. Your knowledge about the company is not more than that of the janitors and the emotional attachment is hard to get rid off.

Posted by alan85 > 2018-03-07 21:22 | Report Abuse

luckily sold early... shit stock....

Posted by Jeffreyteck > 2018-03-08 09:29 | Report Abuse

From above 1.40 early last year till this level, I can feel the heat. Hopefully the management is trust worthy.

Posted by Money122 > 2018-03-08 19:37 | Report Abuse

What the reasonable price to buy n??

Posted by HoldingKing > 2018-03-08 23:51 |

Post removed.Why?

Posted by Jeffreyteck > 2018-03-09 09:45 | Report Abuse

Once a stock is no longer be included in certain index, first thing first is to dispose it ASAP as fund managers normally have to sell it within certain duration to comply with their investment guidelines. Hopefully the selling off is game over but performance and service level are the challenges now.

Posted by JT James > 2018-03-09 11:19 | Report Abuse

HoldingKing, so at what price did you sell?

Posted by JT James > 2018-03-09 15:11 | Report Abuse

HoldingKing to shy to admit the selling price? Or have been misleading the forumer here all these while?

Posted by TakeProfits > 2018-03-10 23:58 | Report Abuse

Fatso's shit counter. They list and stupid buggers go and buy their shares. This is a shit counter..

Posted by SamuelLuke > 2018-03-12 09:15 | Report Abuse

hahahaha....going down to .5~.75.... take my money!!!! come on hahaaha fatso shit counter!

Posted by shpg22 > 2018-03-12 13:19 | Report Abuse

If you sell now and swap to buy LPI today, in 12 months time, you will thank me for the advise.

Posted by SamuelLuke > 2018-03-12 14:35 | Report Abuse

Sell let it fall to ..5~.75!! i will buy more then and go to its AGM...Ikan bilis and those who not cash rich do not come in this counter!!.

Posted by shpg22 > 2018-03-12 15:26 | Report Abuse

Repent before too late. This company already rotten from core.

HoldingKing who run now will cry later.
02/10/2017 17:01

Posted by TakeProfits > 2018-03-12 18:43 | Report Abuse

Eeh shpg 22.. Tell us why switch to LPI?? It's going to 20 over or 30. Haha..

Posted by shpg22 > 2018-03-12 23:09 | Report Abuse

Already explained above...scroll up. Stock price has little to do with its value. 80cent stock can be more expensive than a 20.00 stock in term of valuation.

Posted by Jon Choivo > 2018-03-12 23:15 | Report Abuse

They have not yet posted a combined ratio more than 100% (undrwriting loss). This quarter barely.

Pretty much every insurance company other than LPI and Tunepro post underwriting losses. The question is what is its % over the float, thus giving you the cost of borrowings.

Tunepro problem have always been low investment income, too damn much money in treasury notes. They need to hire a good fund manager.

Other than that, the structure of the business if pretty damn fantastic.

As to why LPI can hit such record CR, i honestly have no idea and ive been trying really hard to understand. LPI also have most of their floats in Public Bank, so investment income is also fantastic.

Thats why i say, Teh Hong Piow is a god. Every business he is in, his business has the biggest advantage, the biggest moat and the best run.



Posted by shpg22 > Mar 7, 2018 03:24 PM | Report Abuse

Look at the Combined Ratio (CR) instead of EPS. TUNEPRO CR has exceed 100%, this compare to LPI of only 59%. A combined ratio of more than 100% means that an insurance company had more losses plus expenses than earned premiums and lost money on its operations. Latest quarter also register its first underwritting losses. Its rotten from core.

Posted by Jon Choivo > 2018-03-12 23:16 | Report Abuse

LPI may even be cheap. but alot of what you're paying for now is Teh Hong Piow.

If he dies, will public bank and LPI stop becoming PBBANK and LPI and instead turn into a bog standard bank and insurance company. I think so.

Posted by Why_ > 2018-03-13 11:09 | Report Abuse

Teh Hong Piow is no longer young. If he suddenly died(many younger than him ady died) LPI still worth 19 and PBB 23?

Posted by Victor Yong > 2018-03-13 11:16 | Report Abuse

wait4dividend payout. :)

Posted by yfchong > 2018-03-13 14:08 | Report Abuse

chill

Posted by Paper308 > 2018-03-13 17:40 | Report Abuse

tunepro super under value group of investor is collecting everyday including me lol

Posted by Victor Yong > 2018-03-14 11:20 | Report Abuse

recovering :)

Posted by yfchong > 2018-03-14 13:18 | Report Abuse

chill

Posted by tongtong2018 > 2018-03-14 13:28 | Report Abuse

uptrend hopefully

Posted by nickengk > 2018-03-17 20:53 | Report Abuse

What has the new Management done since coming on board middle of last year?
Or are they still working hard on damage control and leakages?
Just curious!

Posted by Jeffreyteck > 2018-03-20 11:25 | Report Abuse

New management... first thing first, getting higher remuneration. Getting closer to TP 75.

Posted by PenguinDad > 2018-03-23 11:42 | Report Abuse

50sen is coming!

Posted by TakeProfits > 2018-03-23 23:22 | Report Abuse

25c coming ..lai leow

Posted by TakeProfits > 2018-03-23 23:27 | Report Abuse

Hi Jon. Only thing good about TF Air Asia is only Air Asia share,price going up. All the other shares within TF GROUP is sliding downhill. This means TF and partners companies are unreliable ..You loose money. So be careful if TF ever come out with an IPO again!!

Posted by gsi723 > 2018-03-25 16:31 | Report Abuse

div soon...wait a moment if u have been holding for so long...

Posted by PenguinDad > 2018-03-26 09:00 | Report Abuse

Nikkei down 200+ pts after DJI. Market turn bearish.