Everybody chasing on AIRASIA & AAX, TUNEPRO which is quite undervalue at the moment should get some attention by the market as well. Today up +7 sen after declared 5 sen (Highest) of dividend and can foresee Q1 result which going to announce soon should be better than past results. Rm1.50 the 1st target, hope it can easily surpass before Q1 result out.
Tune has already made 2 failed attempts to breach its median line n this is the 3rd time. Failure to breach the median line again will see its price down to abt $1.30. The lack of follow thru volume implies that its upward swing is weak.
With 5 sen of dividend going to ex on 1/Jun & expected good Q1 results which will be published soon....Tunepro seem going to play real one this time. Next target would be RM1.80.
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....
stockcafe
157 posts
Posted by stockcafe > 2016-04-29 13:26 | Report Abuse
normally they will propose dividend on Feb but this year the company miss. Will it announced it on May?