Posted by donnybelowski > 2023-05-25 19:13 | Report Abuse

Garbage results, garbage company. There u go. Should change the biz from insurance to investment co. All profit come from investment. Core biz loss making.

Posted by yfchong > 2023-05-26 00:02 | Report Abuse

big bosz any comments ?

Posted by LubeTrader > 2023-05-26 09:26 | Report Abuse

Some ppl just want to stoke fear

Posted by sasword > 2023-05-26 15:43 |

Post removed.Why?

Posted by Orson Chin > 2023-06-09 15:12 | Report Abuse

Hello… when U wanna to push the share price up like AAX

Posted by Vhydro > 2023-06-10 06:12 | Report Abuse

Better don't so fast push first. No short term positive catalyst.
Still have bullet and waiting it to drop below 38 sen

Posted by tomwah > 2023-07-27 16:06 | Report Abuse

seat belt tighten ready to fly :)

Posted by Vhydro > 2023-07-27 17:58 | Report Abuse

Fly to where? Holland or Tokyo? lol

Posted by StartOfTheBull > 2023-07-27 19:39 | Report Abuse

Will TuneProtect follows AAX and Capital A upsurge? Or rather slowly follow as before?

Posted by Vhydro > 2023-07-28 01:24 | Report Abuse

I think it largely depend on how fast it can recover back to its profit during the glory time, more than 10m to 20m profit per quarter

Posted by wallstreetrookieNEW > 2023-07-28 09:08 | Report Abuse

Tune protect won't follow AAX's surge. Underwriting profit separate from air ticket sales

Posted by Orson Chin > 2023-07-28 12:42 | Report Abuse

Tunepro when I want to give dividend ?

Posted by Vhydro > 2023-07-28 23:06 | Report Abuse

Orson, soon

Posted by StartOfTheBull > 2023-07-29 13:11 | Report Abuse

Based on AirAsia reported robust passenger traffic, Tune Protect is expected to report a better QR next month.

RHB Investment Research Reports
Tune Protect Group - The Long-Awaited Recovery Year

rhbinvest
Publish date: Tue, 16 May 2023, 06:30 PM
Tailwinds from the return of travel. The widespread recovery of global travel bodes well for TPG and its travel partners in Malaysia, Thailand, and the Middle East. Most of the group’s Malaysia travel exposure is via its related company AirAsia, which reported robust passenger traffic in 1Q23 (tripled YoY, +13% QoQ). Feedback from management suggests that the take-up rate for TPG’s travel insurance policies from AirAsia passengers is now at c.12% – up from a single-digit average before the pandemic. For its regional exposure, the group has secured multiple airline partnerships (eg Bamboo Air, Salam Air) over the past few years. We believe the return of travel contributions domestically and regionally should help the group achieve its target of double-digit YoY growth in net written premiums (NWP) for FY23.

Posted by yfchong > 2023-07-29 22:35 | Report Abuse

wait n see ada good boh

Posted by tomwah > 2023-07-31 10:34 | Report Abuse

seat belt tighten ready to fly :)..............fly to Holand :)

Posted by StartOfTheBull > 2023-07-31 10:47 | Report Abuse

Slow and steady.

Posted by StartOfTheBull > 2023-08-16 16:01 | Report Abuse

On board AAX liao?

Posted by donnybelowski > 2023-08-24 18:57 | Report Abuse

Profits mostly coming from investment. Better change to investment co. Ciao.

Posted by Vhydro > 2023-08-24 20:23 | Report Abuse

Donny, u are welcome to offload all your units.

Posted by StartOfTheBull > 2023-08-24 21:40 | Report Abuse

Insurance premiums collected are mostly invested to generate income, that is what every insurance company will do.
Group’s profitability in 2Q23 was supported by an increase in profit after tax to RM11.2 million, growth
of more than 100% Year-on-Year (“YoY”).
********
Next QR is expected to be even better with the commencement of collaboration with Vietjet Air from 5th of July 2023.

Posted by donnybelowski > 2023-08-25 10:02 | Report Abuse

Wrong, the investment income only applied to life insurance for asset liability matching. General insurance as Tunepro should rely on the core insurance profits rather than quick gain on investment for their kpi. TunePro investment track record also very poor with huge losses on investment in previous years.

Core insurance biz is very competitive with many international insurances company offer better benefits and rates. Check it out urself.


——
StartOfTheBull
Insurance premiums collected are mostly invested to generate income, that is what every insurance company will do.
Group’s profitability in 2Q23 was supported by an increase in profit after tax to RM11.2 million, growth
of more than 100% Year-on-Year (“YoY”).
********
Next QR is expected to be even better with the commencement of collaboration with Vietjet Air from 5th of July 2023.
——
12 hours ago

Posted by StartOfTheBull > 2023-08-25 10:10 | Report Abuse

Most insurance companies generate revenue in two ways: Charging premiums in exchange for insurance coverage, then reinvesting those premiums into other interest-generating assets.

Posted by Gen2 > 2023-08-25 14:15 | Report Abuse

Take GEICO as an example the second largest auto insurance company in U.S.
Their top line growth in tandem with the investment growth since their inception many years ago.

Without top line growth the float money for investment income in also limited.

Tunepro top line has been declining since few quarters back despite various innovative new products launched by them.

Share price indicating investor are seeing the inability of their management to generate higher top line.

Posted by Vhydro > 2023-08-25 18:40 | Report Abuse

History is somewhat important but future is more significant.
I will give them a little more time to see whether their core biz revenue and income will keep increasing after COVID-19 and borders reopened.

MRFS 17 also affected insurance company like tunepro

Posted by Gen2 > 2023-08-26 22:20 | Report Abuse

MFRS 17 is affecting every listed insurance company not just Tunepro.

Posted by Vhydro > 2023-08-27 04:09 | Report Abuse

Gen2, yes, it is affecting every listed insurance company.
But my opinion is we must be clear on the incident timeline, for example COVID-19, borders reopened, discontinuation from Perlindungan Tenang scheme and fully exited a low retention large corporate account.

These incidents affected the revenue and growth of company.
Insurance company is not like casino & tech company. It also cannot compare with insurers in HK who can attract mass mainland customers. The market in Malaysia is limited. That's why after borders reopened, company is expanding to overseas especially Asean countries. This takes time.

For the past few quarters, I'm happy to see this company is turned around and the profit margin is improving. The next thing is to grow the biz. Again, this takes time.

Posted by TakeProfits > 2023-08-29 16:08 | Report Abuse

This one , can buy but have to wait very long time and IF only they execute strategies well !?
Goyak stock !!

Posted by yfchong > 2023-09-01 12:11 | Report Abuse

Long long until neck also swollen

Posted by Vhydro > 2023-09-05 04:13 | Report Abuse

https://www.vietjetair.com/en/pages/vietjet-offers-sky-care-insurance-for-all-passengers-on-its-all-routes-1688788249653

Posted by davidson1 > 2023-09-05 06:45 | Report Abuse

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Posted by clamandcollected > 2023-09-05 10:58 | Report Abuse

Vhydro, according to the company management/from their latest presentation deck https://www.insage.com.my/Upload/Docs/TUNEPRO/2Q2023-Analyst%20Deck.pdf#view=Full
SkyCare insurance is bundled insurance, which means all passengers will get insured and also means 100% take up rate for the company.

Posted by fregend > 2023-09-14 13:56 | Report Abuse

More travel more revenue

Posted by TakeProfits > 2023-09-15 15:56 | Report Abuse

Goodness, This counter still 43 to 44c...I sold last year at a profit.profit...
Insurance business vely vely tough ...
Wait till very Tua, lowdai

Posted by yfchong > 2023-09-24 17:33 | Report Abuse

Let's see how yeah

Posted by Eric Fong > 2023-10-11 22:39 | Report Abuse

I think business will come back in very near future

Posted by Orson Chin > 2023-10-14 11:39 | Report Abuse

When can resume the dividend policy ?? When ?

Posted by Eric Fong > 2023-10-18 20:05 | Report Abuse

Depend on company profit in future i guess.

Posted by yfchong > 2023-10-22 18:40 | Report Abuse

See how leh. Ada drop lagi kah

Posted by singkalin > 2023-10-27 14:39 | Report Abuse

All profit pay for Director Fees. Where got balance for Dividend.

Posted by yfchong > 2023-10-29 16:46 | Report Abuse

Haiyah ada ong kah

Posted by Vhydro > 2023-11-01 03:53 | Report Abuse

According to Vietjet, it safely operated 36,000 flights and transported 6.8 million passengers in Q3, including 2.3 million international travelers, an increase by 10 per cent over the third quarter of the pre-pandemic 2019 and up to 127 per cent year-on-year.

Assume there is RM 1 profit per passenger, this may translate to additional profit of RM 6.8m for tune protect

https://vietnamnews.vn/economy/1635953/vietjet-fulfills-95-per-cent-of-annual-revenue-target.html#:~:text=According%20to%20Vietjet%2C%20it%20safely,cent%20year%2Don%2Dyear.

Posted by singkalin > 2023-11-06 19:48 | Report Abuse

Why cannot move ????????????

Posted by singkalin > 2023-11-06 20:45 | Report Abuse

Directors getting remuneration in million yearly but this stocks like dead stock.

Posted by yfchong > 2023-11-12 09:10 | Report Abuse

no eye see liao

Posted by Vhydro > 2023-11-13 21:07 | Report Abuse

Sell if cannot wait

Posted by TakeProfits > 2023-11-18 02:33 | Report Abuse

You are correct yfchong.. Ini tune, Sampai Tua kakak..
I sold more than a year ago at a profit. Hmmm, still 40 sen saja....kikikiki...
But who knows if their strategy work out. Then in a year or 2, may see some low lying fruits .
Good luck yfchong.
I may relook at this stock...

Posted by singkalin > 2023-11-21 15:40 | Report Abuse

SO QUIET ???
NO GOOD NEWS

Posted by Vhydro > 2023-11-23 04:11 | Report Abuse

https://www.youtube.com/watch?v=7yE8EfHaIO8

Tune Protect Group 3Q23 Analyst Briefing
23 Nov 2023 17:30

Posted by singkalin > 2023-11-23 10:17 | Report Abuse

Briefing of remuneration for directors or the benefit for investors ???