Posted by johnbrooks > 2020-05-03 11:44 | Report Abuse

Cheaper alternative if you want to bet on the revival of Air Asia. But have to look past 2020 i think. If in 2021 the company can deliver RM50 mil PAT (average RM55 mil for FY16 to FY19), at current valuation the company is only valued at 5.3x PE. Dividend yield would be around 7.5% ( company has a policy of paying at least 40% of profit).

Posted by johnbrooks > 2020-05-03 11:50 | Report Abuse

I also think the mentality of travelers would change after this if and when they decide to travel overseas. Most would likely prefer to pay a small premium for insurance in case anything happens when travelling in foreign countries. A lot of tourist got stuck in foreign countries during this pandemic with no recourse to aids (accommodation, additional spending funds etc).

Posted by Rishi > 2020-05-08 10:21 | Report Abuse

Supposedly this stock should declare dividend by now!

Posted by chesslim > 2020-05-08 12:37 | Report Abuse

This year has dividen again ??

Posted by Rishi > 2020-05-14 15:31 | Report Abuse

If it touches 0.56 then im out of the game! I don't think this stock good to hold anymore! AirAsia is gone now!

Posted by Ttttader > 2020-05-14 19:51 | Report Abuse

How come can go 0.56

Posted by mf > 2020-05-22 18:11 |

Post removed.Why?

Posted by Kai YaNg > 2020-05-22 19:28 | Report Abuse

lol i thought tunepro will lost in this qr result

Posted by Ttttader > 2020-05-22 19:58 | Report Abuse

How low will it go ?

Posted by KLCI King > 2020-05-22 23:10 | Report Abuse

20 cents is not a dream

Posted by Tang Khangseng > 2020-05-22 23:27 | Report Abuse

Someone please explain why cashflow increased by ~19.4mil from 39.4mil to ~59mil?

Posted by CHLEONG888 > 2020-05-23 07:45 | Report Abuse

Unlikely drop to RM0.20, think strong support at RM0.32,wait and see.

Posted by yfchong > 2020-05-23 10:10 | Report Abuse

Wow 30s. Buy

Posted by Gohhocks > 2020-05-23 18:58 | Report Abuse

I think the share price depends on Q3 & Q4 eps, Q2 eps might not be good too..0.34 may be good entry if Q3 & Q4 improving, or turn the other way.. Goof luck

Posted by Gohhocks > 2020-05-23 18:59 | Report Abuse

Importantly now is whether the dividend giving out soon...

Posted by orange11 > 2020-05-23 19:02 | Report Abuse

next Q, loss
wait below 30

Posted by Jeffreyteck > 2020-05-24 10:25 | Report Abuse

Unless goreng, otherwise going south is quite certain. Simeproperty chairman said in Apr on company resilient, when results announced, profit dropped by more than 90%, may be that is what she meant resilient, otherwise should be loss. Lol.

Posted by ivanlau > 2020-05-25 13:02 | Report Abuse

calculate the forward pe , the fair value of TUNEPRO is around 26 - 30 cents

Posted by Tang Khangseng > 2020-05-25 15:04 | Report Abuse

Also, anyone can explain what is FVTPL? I extracted below value from AR2019, in statement of CF

Purchases of FVTPL financial assets--> 2019: -326mil vs 2018: -372mil
Proceeds from disposal of FVTPL financial assets --> 2019: 249mil vs 2018: 378mil

Does it mean its derivatives was actually making paper loss of >100mil compared to 2018?
Thanks.

Posted by Sslee > 2020-05-25 17:04 | Report Abuse

FVTPL mean fair value thro profit or loss.
For investment of FVTPL financial assets you can look into P&L account of investment realise and unrealise profit/loss

Posted by Tang Khangseng > 2020-05-26 15:39 | Report Abuse

Thanks Sslee, it's still not very clear to me but I take it the actual profit for investment of FVTPL for 2019 is 3.89mil. Btw, what is your view on Tunepro?

Posted by hongheng7 > 2020-05-27 09:46 | Report Abuse

Tune Protect Group Bhd - Travel insurance to be hit by Covid-19 (Downgrade to Reduce with a lower TP of RM0.22)

Posted by hongheng7 > 2020-05-27 10:20 | Report Abuse

AmInvest
We downgrade our call on Tune Protect Group (TPG) to SELL from HOLD with a lower fair value of RM0.25/share (previously RM0.48/share) based on FY20 P/BV of 0.3x, supported by a lower ROE of 5.8%. We trim our FY20/21/22 earnings by 35.2%/37.8%/35.9% to reflect lower premiums from travel insurance and a reduced estimate for investment income and share of profit from associates

Posted by hongheng7 > 2020-05-27 10:22 | Report Abuse

TA securities

Outlook
The outlook of the general insurance business in Malaysia is expected to
remain very challenging due to the slowdown in business activities due to
the Movement Control Order. We believe insurance premiums may face
downward pressure due to weaker demand and higher competition.

Given that a large chunk of underwriting profit for TUNEPRO is derived
from travel insurance, the group is likely to continue suffering from the
negative impact of Covid-19 until, the pandemic is effectively contained.

Valuation
We maintain our Sell call on the stock, with a target price of RM0.24,
based on unchanged 0.3x CY21 P/B.

Posted by Rishi > 2020-05-27 12:40 | Report Abuse

Visiting my alma!

Posted by drkervokian > 2020-05-27 16:05 | Report Abuse

best move ever to consolidate the CFO office!

Posted by Edmundtrade > 2020-05-27 16:30 | Report Abuse

Proposing Share Buy back ? Any comment ?
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3052917

Posted by drkervokian > 2020-05-28 16:19 | Report Abuse

Share buy back is just a silly trick to bump up share price and lower the total dividend payout (if it ever announce one)

TunePro just need to focus on whittling down the middle management and all will be fine. Am still waiting for them to chop some of the distribution channel heads and the strategy head.

Posted by MoneyShow3 > 2020-05-29 00:30 | Report Abuse

Long term prospects for tunepro considering pent up travel demand could be forced to purchase insurance prior to any trips. New products and strategies could emerge if they were to leverage their digital instech platforms.
Time to cost cut, get lean and speedy for future biz. I will accumulate and keep this counter for a big future reward.

Posted by orange11 > 2020-05-29 08:42 | Report Abuse

Valuation
We maintain our Sell call on the stock, with a target price of RM0.24,
based on unchanged 0.3x CY21 P/B.
27/05/2020 10:22 AM

Posted by warchest > 2020-05-29 14:04 | Report Abuse

Sometimes, analysts are people that can't think out of box. They couldn't understand how the business works, evolves over time. And business does intervene drastically in changing competitite and negative environment, including drastic costs cutting exercise and changing the business model. I believe it will since they are getting a big shock from reduction in air travels that contributed 70% of their profitability. But with the transformation plans are intact and current price of RM0.31, that is a bargain in long-term. Anyway, there are into insurance sector and tend to make money over the long-term.

Posted by Gohhocks > 2020-05-30 16:38 | Report Abuse

I think Usually analysts only look for 6 months to 1 year earning per share.. when the environment on travel business getting better, they tend to adjust the target price according, so if Tunepro can withstand the storm ahead, the target price will be up accordingly, but investor usually react faster before the analyst report.. so good luck to Tunepro..my thought.

Posted by yfchong > 2020-05-31 20:56 | Report Abuse

Just keep a good watch

Posted by Gohhocks > 2020-05-31 22:13 | Report Abuse

Hopefully dividend will be announced soon for Tunepro shareholders. Good luck.

Posted by chesslim > 2020-05-31 23:39 | Report Abuse

2020 have dividen again ??

Posted by Victor Yong > 2020-06-01 21:59 | Report Abuse

:)

Date Price Target Source News
27/05/2020 0.25 MIDF Price Target News
27/05/2020 0.25 AmInvest

Posted by alexsee > 2020-06-02 15:43 | Report Abuse

airasia up 14%.. tunepro up 7%.. airasia down 14%, tunepro down 14%

Posted by pretty_life > 2020-06-02 16:50 | Report Abuse

Sapu sapu all in

Posted by thesteward > 2020-06-02 21:31 | Report Abuse

Tomolo fly

Posted by warchest > 2020-06-04 21:13 | Report Abuse

Financial industry counters slowly picking up momentum amid economy reopening soon. And FM going to announce a path to recovery soon. It bode well companies like Tune

Posted by MoneyShow3 > 2020-06-09 23:52 | Report Abuse

Air travel behaviour will change, everyone will surely buy insurance to ensure they have a fallback, good outlook for tunepro. And the automotive sector kickstarted again too.. Hope they are ready to grab a larger market.
50sen coming...

Posted by chesslim > 2020-06-10 01:03 | Report Abuse

where are 2020 dividen ?

Posted by Bursa777 > 2020-06-11 22:00 | Report Abuse

collected 500 lots 0.36.

Posted by Victor Yong > 2020-06-11 22:03 | Report Abuse

lack of passengers, sell less policies :)

dive with AA and AAX !

Posted by Sslee > 2020-06-18 11:43 | Report Abuse

For your attention:
https://klse.i3investor.com/blogs/Sslee_blog/2020-06-18-story-h1508848610-Questions_for_Tunepro_2020_AGM.jsp

Posted by warchest > 2020-06-20 20:45 | Report Abuse

When is the AGM date. I haven't see any announcement on the issuance of the annual report nor notice of AGM

Posted by Sslee > 2020-06-20 20:48 | Report Abuse

This year Annual report and AGM will be delayed. Actual date not yet announced.

Posted by sasword > 2020-06-23 16:15 | Report Abuse

Sure big loss due to covid, those still holding wait for the worst.

Posted by warchest > 2020-06-24 19:11 | Report Abuse

Just announced the AGM is on 4th August 2020

Posted by Sslee > 2020-06-28 11:54 | Report Abuse

Send to TUNEPRO IR and Ms Lee Siew Li (Manager- Investor Services: Tricor MY/IS),
Subject: Questions for the coming TUNPRO 9th AGM on 4 August 2020

https://klse.i3investor.com/jsp/blog/blpost.jsp?blid=4321&blpid=336668