Personally, I'd average down in the current situation. I set my own guidance of which price point to avg down. At the end of the day, it's still your decision whether to avg down or CL.
Seriously, look at it this way. More and more people are getting vaccinated each day. It's only a matter of time before air travel opens up. Imagine the potential in this sector. Despite the pandemic this co. didn't lose money. That's what piqued me in the first place to put some money here.
I am a very disappointed long term shareholder of TunePro. Been holding it for 6 years only to see the share price drop and drop and drop and change in CEO so many times. I see a lot of talk about dividend here. Suggest you all look into LPI Capital (Insurance), this insurance company never fails to give good dividends and earnings year after year. I've been holding this company for 15 years+ already. Not much upside in share price but great for dividends.
It's only fair value write down of long term investments while all other lines of business is actually growing strong. Including recording underwriting profits.... This is a very good sign and it means that once travel insurance is sold again, the premiums and profits will boost high...
Pls Read the report. Will start moving to 60sen soon. No longer cheap going fwd. Still small cap and lots of potential to grow to a billion RM mkt cap co
Govt speeding up, hopefully 150k per day soon. Hope for more centers and private initiatives to speed up vaccination. AAX is resuming Sydney flights soon
With cases up, death up.....lock down might get extended. Government gave subsidies. If just 2 weeks lock down, the will not give subsidy. I expect MCO might get extended.
Why would there be bed debts for tunepro? Passengers whom opt for insurance will pay during booking and 4th qtr travels will help. All boils down to vaccination drive which seems to get stronger every week.
Just collect n way. Now it’s hovering at the bottom sideway. IB have adjusted TP for airport. Tunepro just matter of time. Tourism surely will open back no way every countries want to close border like this permanently economy will crash.
The solution to overcome the problem of Covid 19 is still uncertain. I believe the present vaccines are still not capable to permanently stop this virus .
Valueinvestor2021, hopefully you are right. BUT the present vaccines can last for 6 months as I know. Even though you have injected completely two dose, you might be infected too within the 6 months .
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
yfchong
5,879 posts
Posted by yfchong > 2021-03-29 13:06 | Report Abuse
What strategy to deploy...