Posted by Ncm88 > 2019-12-11 14:27 | Report Abuse

Solid at 0.54...

Posted by Jeffreyteck > 2019-12-13 18:55 | Report Abuse

From highly recommended by analysts when price traded above 1.40 to the existing level and no sign of recovery. Loans suddenly disappeared from 700m to zero, wonder. Only good for trading now. Est Dec results +/-15%.

Posted by Jeffreyteck > 2019-12-18 16:34 | Report Abuse

TP48 amidst continuing disposal by funds, est revenue to fall or flat, hopeless management, weak macro fundamentals.

Posted by Value9 > 2019-12-20 15:23 | Report Abuse

RIVER AND MERCANTILE ASSET MANAGEMENT right hand change left hand ?

Posted by CalmPatientRational > 2019-12-23 21:58 | Report Abuse

KUMPULAN WANG PERSARAAN (DIPERBADANKAN) + RIVER AND MERCANTILE ASSET MANAGEMENT LLP less than 5% now.

The smell of rights issue on 2020? ( ͡° ͜ʖ ͡°)

Posted by firehawk > 2019-12-24 10:18 | Report Abuse

P/E =7.8; DY=5.45%

but price impotent :-(

Posted by Kukuman > 2019-12-24 10:21 | Report Abuse

If it is so easy just going by PE, donkeys also can make money with closed eyes

Posted by firehawk > 2019-12-24 10:25 | Report Abuse

donkey also don't see the DY too :D

only see P/E

Posted by Ex7121 > 2019-12-24 22:36 | Report Abuse

Such low price can still do right issue?

Posted by Jeffreyteck > 2019-12-25 08:59 | Report Abuse

Just a stock take on what company had said in early 2019:
Tune Protect Group Bhd (TPG) expects a boost to its revenue growth over the next 12 months, following the rollout of its dynamic pricing optimisation initiative.
The initiative, which was launched in the first quarter of 2019, features real-time optimisation of travel insurance on AirAsia’s booking platform....

Unfortunately the reverse is the truth, revenue continues to fall and make sure management and bod remunerations move along the same direction.

https://www.insurancebusinessmag.com/asia/news/breaking-news/tune-protect-says-dynamic-pricing-will-boost-revenue-growth-168455.aspx

Happy new year.

Posted by chesslim > 2019-12-31 13:00 | Report Abuse

记住，当别人恐惧时你要贪婪。

Posted by junnian0814 > 2020-01-02 15:30 | Report Abuse

对。。。要慢慢收票。。。感觉有好东西要发生了。。。好像有心人正在收着票等了

Posted by ivanlau > 2020-01-05 20:49 | Report Abuse

Among the insurance stock counter, tunepro is one of the most undervalue stock.....

Posted by trader808 > 2020-01-07 19:10 | Report Abuse

Tunepro has been on a long term down trend for 5 years since Mar 2015 to 2020.
Believe it has bottom. Share price has fallen from RM2.00 to 55sen
Down side risk is limited.

Posted by shpg22 > 2020-01-07 19:35 | Report Abuse

Buy only LPI, TAKAFUL or ALLIANZ. The rest are hopeless. Just remember, lowest price is always 0.5 cent, not 55 cent.

Posted by abang_misai > 2020-01-07 19:38 | Report Abuse

When you buy at bottom say 0.56 which is below its Book Value, then what risk you are talking about? Dividend of 3 sen min is almost assured. In other words, it can only go upwards or worst case scenario, it will stagnant at this level.

Posted by abang_misai > 2020-01-07 19:39 | Report Abuse

If you want to play momentum stocks, you will have to chase high which can cause you to lose a lot of money in the event that the growth is not materialised

Posted by shpg22 > 2020-01-09 20:07 | Report Abuse

Stock trades below its book value for a reason and low can go lower. There are many under perform companies that trade below book value.

Posted by luckyparit > 2020-01-22 17:25 | Report Abuse

Selling again?

Posted by vincent27 > 2020-01-22 17:29 | Report Abuse

accumulate this share....Mergers & acquisitions happening at insurance industry..

Posted by Jeffreyteck > 2020-01-23 09:25 | Report Abuse

At 1.40, tony talking loud, now very quiet. TP 50_65.

Posted by Tang Khangseng > 2020-01-23 12:46 | Report Abuse

Talking about Tony, you will see all his companies cannot be invested for long term one.

Posted by ivanlau > 2020-01-23 19:33 | Report Abuse

this stock already in bottom, big fund managers no more selling, it is time to accumulate.....

Posted by junnian0814 > 2020-01-24 07:14 | Report Abuse

wow tune pro partner with ecoworld!!! can hold & see any good improvement in future.

Posted by terence775 > 2020-01-24 09:51 | Report Abuse

why share price keep dropping?

Posted by junnian0814 > 2020-01-24 11:53 | Report Abuse

i dont know. actually it is not a bad stock because every quarter it is earning, but the debt is a quite high & it not improving their earning. i think if next q still improve it will delay a little bit maybe 1-2weeks let ppl notice then it will start go back to 70sen

Posted by Jeffreyteck > 2020-01-26 18:36 | Report Abuse

If virus wide spreads, possible decline in number of tourists, potential claims due to cancellation etc. May revise down further despite the price has dropped substantially to the extent that management is silent.

Posted by newbie911 > 2020-01-26 18:48 | Report Abuse

Aa also gg...tunepro lagi worst.

Posted by gsi723 > 2020-01-27 18:33 | Report Abuse

"Not all travel insurance policies cover pandemics or epidemics such as SARS and not all policies cover to change your plans"...

Posted by kuan1209 > 2020-01-28 09:48 | Report Abuse

I think the number of tourists will drop, but the number of passengers who buy travel insurance will increase.

Posted by lcteh88 > 2020-01-29 16:39 | Report Abuse

Wuhan virus spreads to stock's too!

Posted by Panorama1 > 2020-02-01 16:38 | Report Abuse

It will drop as there can be lots of cancellations and claim for refunds on travel insurance policies. PHEIC declaration is strong case for force majeure. No Airlines will let passengers board the flight with the slightest hint of temperatures or flu under present circumstances. Volume of travelling and travel insurance demand will dip significantly in view of 2019-nCoV. In addition, parent Company AA shocking negative news today is not going to help matters.

Posted by zerocool7199 > 2020-02-02 12:38 | Report Abuse

https://www.nst.com.my/business/2020/02/561578/airbus-fined-record-us4-billion-bribery-airasia-allegedly-involved

Tomorow this stock and airasia bigstick d

Posted by chesslim > 2020-02-03 12:45 | Report Abuse

记住，当别人恐惧时你要贪婪。

Posted by luckyparit > 2020-02-03 19:19 | Report Abuse

At this price, great value to accumulate

Posted by Spice828 > 2020-02-04 07:41 | Report Abuse

Sell ...

Posted by Victor Yong > 2020-02-04 11:36 | Report Abuse

Also , more people tend to value insurance nowadays

Posted by Victor Yong > 2020-02-04 11:48 | Report Abuse

Good proxy to AirAsia , no case of bribery, etc

Posted by chesslim > 2020-02-04 12:48 | Report Abuse

记住，当别人恐惧时你要贪婪。

Posted by shpg22 > 2020-02-04 18:59 | Report Abuse

With AA in turmoil, TUNEPRO will have to survive by itself without tongkat. More headwind ahead. Downgrade fair price to 0.35.

Posted by Victor Yong > 2020-02-04 19:48 | Report Abuse

Tony and kamaruddin no longer in the board of tune . Should rebound balik

Date Close
04/02/2020 0.47
03/02/2020 0.475
31/01/2020 0.505
30/01/2020 0.525
29/01/2020 0.525
28/01/2020 0.52
24/01/2020 0.55
23/01/2020 0.55
22/01/2020 0.55
21/01/2020 0.56
20/01/2020 0.565
17/01/2020 0.56
16/01/2020 0.565
15/01/2020 0.57
14/01/2020 0.565
13/01/2020 0.56
10/01/2020 0.56
09/01/2020 0.56
08/01/2020 0.555
07/01/2020 0.575

Posted by Victor Yong > 2020-02-04 19:48 | Report Abuse

Date Price Target Source News
10/01/2020 0.62 AmInvest Price Target News
22/11/2019 0.70 TA Price Target News
22/11/2019 0.72 MIDF Price Target News

Posted by Victor Yong > 2020-02-04 19:50 | Report Abuse

This is a good proxy for AA although , its biz is not only AA :)

Tune Protect Group Bhd is a Malaysia investment holding company that underwrites and reinsures non-life insurance products through its subsidiary companies. The group is organized into five major business segments, investment holding, and others, funds managed through collective investment schemes, general reinsurance, life reinsurance and general insurance business. The company has two general insurance businesses, Tune Insurance Malaysia Berhad as well as an associate company, Tune Insurance Public company Limited, located in Thailand. Both offer a range of products while also underwriting travel businesses in their respective countries. The company generates the majority of its revenue from general insurance business segment.

Posted by Victor Yong > 2020-02-05 09:47 | Report Abuse

The company generates the majority of its revenue from general insurance business segment.

Posted by seenyou > 2020-02-07 10:04 | Report Abuse

Laka (Bicycle InsurTech Company) announces $4.7 million funding round.

https://www.linkedin.com/posts/lakahq_announcing-our-47-million-funding-round-activity-6631099761002975233-O_oO/

Posted by Jeffreyteck > 2020-02-07 16:00 | Report Abuse

Dropped to trading counter instead of value investing. TP45.

Posted by drkervokian > 2020-02-13 00:46 | Report Abuse

Management Expense as a % of Gross Written Premium is higher than other insurers.
Somebody is sitting high in their chairs without doing much work. Why?

No noticeable advertisement presence.
Not even an link into MyEG for donkey years.

All of that doesn't make sense for a supposedly digital company with priority sales leads from AirAsia where sales is made with mouse clicks.

Seriously.

1) Fire the distribution head - Gross Written Premiums keep shrinking. Boost it up
2) Fire the Operations head, CIO and CFO - Please push down Management expense to <30% of GWP it's now 40+% .
3) combined ratio is too close for comfort at 97%. Push it down to 95%

For a digital company with high expense ratios it's basically 2 things
-> SOmebody is making money from the IT vendors
-> Too many expensive dead weights in operations, marketing and legal

Posted by drkervokian > 2020-02-13 00:59 | Report Abuse

Distribution org structure is so inefficient.There's a Group Head, POS Head, Broking Head and a Chief Agency Officer... OMG.

How can there be so many wankers for such a small Gross Written Premium pie.

Just merge Broking with Group as 1 bos. cut down the salary.
MAke sure Agency and Broking fellas share their leads and get rid of channel base rivalry.
IF they're silo makers - fire their ass.

Back in 2012 the Management expense ratio was just a quarter of what it is today.

Seriously... too many dead weights!

Posted by drkervokian > 2020-02-13 01:06 | Report Abuse

Fire the Head of Strategy role. Seriously useless for a small company like Tune.
The CEO is either a Strategist or not worth paying RM 2 mil a year .

TuneProtect needs to dig deep and realize that it needs to operate like a startup again.

A management ratio of almost 50% is just embarrassing for 9M 2019

And finally just merge the CIO and COO into 1 person. Cut down cost.

As everything needs to run on IT anyways; and besides, both these characters probably sitting around avoiding accountability of making decisions and driving business forward.

Why am I Pretty sure.

Cause else the management expense will NOT be that high!
and under them is probably an army of "assistants" that attends meetings with them.
And for all you know IT and Operations not working with each other and blaming each other on a daily basis.

So if they can't work together, jusst get rid of them and put in 1 person.

Posted by junnian0814 > 2020-02-13 12:35 | Report Abuse

wah...support your idea...I think you need to go agm & bring out this idea...