Highlights
KLSE: TUNEPRO (5230)       TUNE INS HOLDINGS BERHAD Main : Finance
Last Price Today's Change   Day's Range   Trading Volume
1.01   -0.01 (0.98%)  1.00 - 1.02  2,334,900
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Overview

Market Cap: 759 Million
NOSH: 752 Million
Avg Volume (4 weeks):2,934,825
4 Weeks Range:0.98 - 1.15
4 Weeks Price Volatility (%):
17.65%
52 Weeks Range:0.98 - 1.70
52 Weeks Price Volatility (%):
4.17%
Average Price Target: 1.71
Price Target Upside/Downside: +0.70

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2017[#2]  |  18-Aug-2017
Next QR | Est. Ann. Date: 30-Sep-2017  |  25-Nov-2017
T4Q P/E | EY: 13.60  |  7.35%
T4Q DY | Payout %: 15.25%  |  207.19%
T4Q NAPS | P/NAPS: 0.64  |  1.58
T4Q NP Margin | ROE: 11.32%  |  11.60%

Market Buzz

Date Type Subject
18-Aug-2017 Quarter Result Quarter Result on 30-Jun-2017[#2] QoQ - 8.91% YoY - -50.87%.
20-Aug-2017 Forum 2 New Comments

Headlines

Date Subject
11-Aug-2017 This is one company that might ride on the remarkable growth of AirAsia - Stanley Lim, CFA
26-Jul-2017 Moving from DKSH to Tunepro and Ekovest - felicity
14-Jul-2017 TUNEPRO - Digitalization initiatives to set the pace
22-Jun-2017 Tune Protect - Launches product bundling for tie-up with AirAsia's airfare packages
20-Jun-2017 产品捆绑短期贡献不大.TUNE保障3年财测下砍10%
23-May-2017 Tune Protect - Managing expectations
23-May-2017 TUNEPRO after 1st Quarter 2017
23-May-2017 Tune Protect Malaysia: 1Q17: Impacted By Higher Claims And Expenses
23-May-2017 Tune Protect: Net Profit 47% Lower
23-May-2017 Tune Protect - Surprisingly Low But Optimism Remains
05-May-2017 Trading idea: TUNEPRO – Brighter outlook in FY17 amid its leading position in digital insurance and strong passenger growth
08-Mar-2017 TUNEPRO the Rising Star Insurance Company
24-Feb-2017 Tune Protect - Within Expectation
19-Jan-2017 CNY | #AyamComing - AIRASIA & CNY | Tune Protect
05-Jan-2017 Tune Protect Malaysia: Accumulate On Weakness
20-Dec-2016 Technical Buy: TUNEPRO (5230)
20-Dec-2016 Tune Protect: Weaning Off AirAsia
14-Dec-2016 How should one trade 2017 - felicity
10-Dec-2016 TUNEPRO, Rest is Ready For Longer Journey.
08-Dec-2016 MQ Research: Outperform on Tune Protect Group - target RM1.84

Business Background

No description available for this stock.
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  8 people like this.
 
Jeffreyteck Smart to play around with dividend despite lower profit, lower EPS and higher revenue. Wish investors are smart too. TP not more than 80.
18/08/2017 18:52
HoldingKing I think the drop from 1.5 to 1.0 alrdy reflected. It shall drop no more further, moreover the Current quarter is higher than Q117. unless ur saying the current quarter is lower than Q117 then drop to 80cents is possible.
18/08/2017 19:03
Jeffreyteck Is better to compare Q2 2017 with Q2 2016 for this type of industry. Even the management has no confidence but to give a higher dividend to keep investors support. I wish I am wrong. Good luck.
18/08/2017 19:15
Secrecy My average price only 0.99, i don't mind it further dropping to 0.60 or lower, i buy more! Advice: you guys don't know what you are saying.

Case study: When Air Asia pushed down to 0.765, i entered at 1.00, then averaging it down to 0.85, what is the current share price? RM 3.25 as of today. I sold all my stock at RM 3, earning handsome money.

Similarity: Tunepro, read the facts: Each quarter positive earning of more than 10 million since inception. Good dividend payout. Please read their "press release today"

Those who call "sell" is motively being wish to buy lower for earning money from you.
18/08/2017 19:38
gsi723 Oops...QTR results again no good...let say EPS (whole yr) deteriorate of 6.7c, assuming fair PE of 12.... then share price will be 80cent.. let's if share price continue under pressure . Div 5.3c already paid, don't be mistaken it will be paid again....
18/08/2017 20:39
davidvestor result within expectation. FY17 eps likely to be around rm0.07, p/e 14. I think it is not expensive, of course not cheap either. Monday to pick up some, it is a recovery play now. those sold earlier would likely to come back. I think it has the right strategy others difficult to copy.
18/08/2017 20:51
Flintstones Yeah. Many speculators here have a blind hope. The airasia effect is already here for a long time since IPO. Sometimes as a investor you have to think. 5 years after IPO we are not seeing any explosive growth in Tune Insurance business while Airasia traffic increase year on year. What does that tell us? The travel insurance business is at a saturated, low growth point. The Mavcom ruling had hit Tune Insurance hard. As long as there are no changes in the opt in ruling, there will be no signs of turn around.
18/08/2017 21:16
chongyo I think Tunepro and its insurance business is down but not out. The new management team may bring with them idea to revamp and turn around the business. I feel there is still good prospect of recovery , Be patient!
18/08/2017 21:21
KL_82 Be patient. I am sure few years later it will come back.
For now, enjoy the dive.. sold earlier at 1.56. If goes down to 0.56 I will buy back for sure.. for now.. I stay away even rebound.
18/08/2017 21:42
Flintstones Insurance companies are valued with book value, not P/E. With earnings visibility like this, Tune Insurance is not worth more than 1.5x book value
18/08/2017 21:58
gsi723 0.8 will be fair buy...
0.6 value buy...
18/08/2017 22:23
nekosan 0.1 strong buy
18/08/2017 22:41
apolloang 0.10 u wait till msia become like bosnia lah. likely break 1.00 can lah,but not 0.70 also. maybe 95cts
18/08/2017 22:43
pakatan_harapan2 Why got people buy at RM 2 before? BV higher then?

Posted by Flintstones > Aug 18, 2017 09:58 PM | Report Abuse
Insurance companies are valued with book value, not P/E. With earnings visibility like this, Tune Insurance is not worth more than 1.5x book value
18/08/2017 23:03
Jeffreyteck Many may hold it because of its latest higher dividend despite lower profit. It is worth to hold if the price remains at this level. If dropped by 5 cents, just too bad then.
18/08/2017 23:05
HoldingKing it is because of Motor Claims that was up to 10m+ I tell you, if next quarter the accidents are lesser becos of government AES n some laws, it reduces the accident rate. U will see Motor Revenue 10m+ together with Travel Insurance 10m+. It would be 20m+ for next quarter, U will likely see the price catch up very fast. and entering 2018, we shall see double digit growth. I'm sure Q12018 would be better than Q12017
18/08/2017 23:57
HoldingKing lol. it doesn't matter if u're mocking me or not. in this forum there are all kinds of people.
19/08/2017 00:20
Invest_168 All the investors know that Q2 results will not be good as management already mentioned during Q1. Thus, Tunepro share price dropped since Q1 until now @ RM1. The significant drop of share price has fully reflected the poor earning in Q1 & Q2. The worst is over....Silver Linings within the Storm.
19/08/2017 00:32
HoldingKing I agree with u Invest_168. There is always a reason why the share drops non-stop the past 2 months
19/08/2017 01:17
mentos512 the different in 2016 Q1 and Q2 against 2017 Q1 and Q2 is almost the same. With the MAVCOM opt in ruling, earming has reduced by half. With the new partnership and new management team, there is hope the company results in the next few QR could turnaround. I think the falllen share price has reflected the bad results.
19/08/2017 02:21
ming Think will stay above 90 cents.. dividend yield can support the price.. somemore motor insurance price also start increasing recently ma
19/08/2017 02:49
Goinvest88 The dividend of 5.2 cents has been paid & ex-date in May?
19/08/2017 07:49
nikicheong I think it will continue falling to about RM0.85 levels, at which point things get attractive. At the moment still not cheap enough. Better bargains elsewhere.
19/08/2017 08:17
Jeffreyteck Will wait for smart analysts to publish their view and consider then. Personal TP 85 ex dividend.
19/08/2017 08:27
apolloang gonna test new low on mon
19/08/2017 08:35
lloydlim Downtrend towards 0.75!
19/08/2017 08:42
apolloang 75cts is like airasia in 2015 ar? hahaha
19/08/2017 08:44
Unfair Why Jaks QR poorer still RM 1.33?
19/08/2017 10:58
gsi723 no doubt AirAsia biz is expanding well.... but that doesn't mean its travel insurance biz directly & exclusively benefit TuneProtect, as travelers have every right to opt for any Ins company that may provide better services/ easier claim... However, its revenue is increasing but profit drop by 50%... Higher claim which was unavoidable or poor management/ strategy? 85cent... maybe??
19/08/2017 11:51
Goinvest88 Because kyy's spirit support the jaks
19/08/2017 12:04
Unfair Is TF, KWAP, EPF poorer than KYY? Why they cannot support TIH?

Posted by Goinvest88 > Aug 19, 2017 12:04 PM | Report Abuse
Because kyy's spirit support the jaks
19/08/2017 12:08
curious2 Why no 1 propose quarterly or half yearly dividend? Yearly dividend make some investors trade more than hold for dividend.
19/08/2017 12:13
Jeffreyteck Wow, would like to see how long it takes to drop to 75. From 1.40, it took about 3 months to current level of 1. Anyway, high dividend may temporarily support the price but will fall again if the management still unable to deliver. One thing up for sure is the operating cost and CEO salary as in its annual report. Only subordinates need to deliver KPIs to get good remuneration, CEO no need.
19/08/2017 15:27
Ah Kow, Ali dan Muthu For those who buy on June Rm 1.30, it's already 30% discounted.
For company that make money, i don't think it will fall further.
TP 1.70 by year end, like what Public Bank suggested.
19/08/2017 15:39
Ah Kow, Ali dan Muthu No analyst suggested for "sell"..all suggested "buy". I am not worried. those not buying now will regret. Ha.ha.. i just in at 1.03.. will buy more if fall further..
19/08/2017 15:46
darkangell this is a cunning fox counter, becareful
19/08/2017 15:56
gsi723 All analyst give it a buy RM1.5 - 1.70, why the price not up like LC Titan?
19/08/2017 16:23
gsi723 1.50 - 1.70, wow 50% profit margin easily.... OR 0.70-0.80?
19/08/2017 16:24
BN_menang Najib launches AirAsia's Langkawi-Shenzhen flight
http://www.thestar.com.my/news/nation/2017/08/19/najib-officiates-airasias-direct-flight-from-langkawi-to-shenzhen-china/
19/08/2017 17:56
Samtuckfatt http://www.klsescreener.com/v2/news/view/270731. , Tune group CEO statement
19/08/2017 18:33
Jeffreyteck If we follow analysts advice, eg MIDF, 23 May TP 2.18; 14 July adjusted sharply lower to TP 1.47. With the new performance announced and we still buy in their call, pray hard.
19/08/2017 18:51
limch Anyone know what is Razman Harvey role in TIH? Why need him when there is Khoo Ai Lin? Isn't profit drop bec Razman Harvey?

http://www.klsescreener.com/v2/news/view/270731. , Tune group CEO statement
19/08/2017 19:10
davidvestor just like LCtitan, after crash, all said sell. I made good $$ by betting on CW. This is the same trick again and again. selling on Monday is likely to be the last batch. I don't have Tune now, but I'm going to collect on Monday. The fear is already priced in. some naggers are going to miss the boat again.. DYOR. :) mind U the sales is going strong, profit always going to normalised eventually, actuary science mah!
19/08/2017 19:32
LA777 Will consider to buy when it is 70sen.
19/08/2017 19:33
Chong Jiunn Hau YoY QR is expected. according to the current EPS, the share price is worth not more than 0.90.

Nevertheless, TunePro share price might be adjusted further until the end of 2017 (until the Q4FY2017 announcement in early 2018), there might be some good entering points.

Jul 27, 2017 08:43 PM | Report Abuse

Agreed. unless i know why the share price dropped and whether it is temporary (recoverable), or long term, else I won't switch, i would rather continue to suffer the lost in the stock that I fully understood and confident with.

To be frank, I kind of agreed with shpg22 regarding the result of next QR, it would be maintained at around 13-17 mil NP, which is still good but may not be as good vs YoY (26 mil, highest NP since IPO launched), Tune Pro share price may dropped further. I feel maybe that is the best time to enter. I hope I am wrong..
19/08/2017 19:33
davidvestor some even said, business valuation don't look at p/e, there r many matrix to look at, pe and div r the most reliable indicators, across all industries. DYOR :)
19/08/2017 19:36
AhSook AhKou As I said many many times over the last few years , Travel insurance is not a very profitable business and it is a very very competitive market !!! Sadly it is a fact , a family member was ex-consultant in this type of business . Unless Tune Ins expand further their business into other class of insurance ....... think twice before u invest lahhhhhhh
19/08/2017 19:38
smartly make it compulsory for every AA ticket sold. profit will surely rise.
19/08/2017 19:43
Teh Kieat Keoi I guess the price will be stable between rm0.95 - rm1. In last two months, the price drop sharply is because peoples know this quarter profit will drop 50% which is affected by op-in rules. Since management takes a lot of actions to rescue Tunepro business, this gives a liitle hope for investors. CEO also claims that the recovery will be in 2018, or earliest in q42017, the price will be maintained until next coming q report.
20/08/2017 03:32
Amit Khindriya Holland now.....RM0.89.. Come and come.
20/08/2017 07:18


 

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