A Tuneins is a strong growth stock, we should more emphasize on it growth perspective not dividend just like EcoWorld. The Q1 result slighly behind even with Airasia QZ8501 issue. The present focus will be on Indonesia m&a pregress.
Indonesia is peanut, less than 1 million profit, better fernandes put the money in fd, many companies venture in indonesia with poor results like cinb and axiata, many external factors like exchange rate and gov policy
As I had expressed my point of view sometime ago that "travel insurance" is never a healthy business and that's fact. I was consultant in this business for more than 30 years in the global market and this type of business is attractive for 1st 3 years n than the "tail" (i.e. run-off liability) will catch on very quickly from 4th year onwards. Bear in mind, the burning rate is average at 6% & above and assuming reinsurance kick in at RM1m excess is still very expose !!! So far their qrtly figures r very much in trend , meaning not getting better and don't 4get on going depreciating Ringgit (Premium) and by enlarge paying Medical claims in foreign currency !!! Tony F catch in now is simply he knows the game as we once have spoken back in London !!!! All the best to the rest .............
tony need cash desperately to inject capital into aasia indonesia and philippine. He don;t care tune insurance good or bad. He looking to cash out and transfer the cash to support his airline company.
dear AhSook AhKou, million thanks for your input. Bottom line, over next few years, are you saying the earnings will deteriorate based on your view because the run of liability from year 4 onwards. Do you think TunIns can overcome this issue like how he did it on AirAsia? Or are you pretty sure TuneIns future is not gonna make it. So, can I said, if you have money, you wouldn't touch this stocks (as against the research analysts who know nothing about this stock)
Hi @AhSook AhKou, can please help elaborate more what is the "run-off liability? I thought travel insurance very straight forward, if nothing happen after the trip then no more obligation from the insurance company.
Invest eye, forget about this stock, is very challengingg, capacity growth for airasia will be cut and more regulations coming, not easy to invest in otherasian countries as government policy changing fast, just take a look there is no malaysian company who invested in other asian cohntries and make more revenues than local operations
I believe Tony will pushing hard to promote AA in Indo & Philippine (in order to go for IPO) besides some positive news from India. So, Tuneins will get advantage from its.
If AA share price is improved then Tuneins will follow soon. In fact, Tuneins is in better position to move up as any activities to increase | boost up revenue (even at loss by AA)will definitely increase the revenue and profit of Tuneins.
As AirAsia passenger volume was increased about 10%, this is also give some positive factor to Tuneins. So yesterday accumulated few more lots at RM1.46
As Kumpulan Wang Persaraan keeps accumulate this share (from Jan'15 ~Jul'15) from 5% ~~ 8% (to date).. It is good opportunity to accumulate slowly at low but not in 1 shot.
More than 75% of Tune Ins is related to Travel Insurance generated in Mysia and almost 40% plus of their claims are link to Medical expenses abroad , with Ringgit dropped more 15% over major ccy for 2015 - just be careful n review further b4 investing this counter ? In addition, AA & AAX anticipate to have lower traffic for at least 2015 !!!
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Investeye
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Posted by Investeye > 2015-05-20 10:19 | Report Abuse
Opportunity to accumulate again at RM1.80,
http://klse.i3investor.com/blogs/bfm_podcast/76503.jsp