You will be surprised by their business plan very soon
For Q1, I set realistic expectation so I think Q1 result will not be good but will show slight improvement at least for the bond investment because Tunepro has restrategise its investment in bond. Slighter shorter maturity bond so that can minimise the impact from market volatility in bond market
For Q2, I will expect improvement slightly better than Q1
In a nutshell, Tunepro top management does not have silver bullet to solve all within short term.
I suggest that we stick to Rohit 3 year plan and wait to observe until 2023 to avoid big disappointment
To me, still I set realistic expectation. If qr show gradual improvement from quarter to quarter, I believe share price will go up steadily.
I would rather aim for steady growth rather than sudden spike due to market speculation by syndicates.
Still invest in undervalued stocks like Tunepro and hold for long term to aim for capital appreciation and growth in the company.
Lastly, I think we should think like Warren Buffet, we don't buy shares, we buy the business!
Today people were panic selling because they have not thought out of box after the news about relaxed SOP was announced by Khairy.
You think top management has never anticipated that due to relax SOP, Covid-19 travel insurance might be not mandatory? If you think that way and with narrow mindset, then you should just sell and dump the shares.
Think bigger and aim bigger. If you think Tunepro must rely only on Covid-19 insurance to survive then you should relook Tunepro's victory in the past when there was no such thing called Covid-19 travel insurance.
Furthermore, Travel insurance covering Covid-19 is not mandatory in certain countries only
Moreover, even if insurance covering Covid-19 is not mandatory, it does not directly mean all passengers will choose not to buy the usual travel insurance and Covid-19 travel insurance at all.
And don't forget public awareness is getting higher, I do not see any direct correlation between the relaxed SOP with insurance business
Because if you relooked in the past, when there was no Covid-19, passengers with higher awareness of protection were still buying travel insurance even though it was optional.
With relaxed SOP，it is even better for Tunepro to relook its strategy to capture the existing market and penetrate new market using new and attractive insurance not limited to travel insurance and insurance covering Covid-19.
Many other initiatives could be done.
Think out of box. If not, you are welcome to dump and my group members will prepare to collect on dip.
Once they dispose their losing position in fixed income or if someday some miracle occurs in the fixed income market, Tune Protect will fly. But before that, nothing will change. Investment in fixed income is such a huge mistake. Bonds are trash
This stock is so funny. It's like management is not even bullish on their company shares. Tune Protect, we need to see profits or else everything is empty promise. Please, make profits already. Covid recovery is almost over, and Tune Protect is still not reporting good earnings. Fixed income investment is bad
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....