Posted by davidkkw79 > 2016-07-12 18:25 | Report Abuse

Don't worry, price 1.40~1.50 are always consolidated quite some time for most all stocks. But once it break out this hurdle, it will fly up like rocket, easily reach RM 2 above. :)

Posted by Noni > 2016-07-14 09:45 | Report Abuse

Good proxy for current low BNM OPR 3.0%
Yield at this price is around 3.3%
Growing business as Airasia expanding its fleet
General insurance growing year on year
Fixed income sitting nicely in the balance sheet raking in yield under current lower interest rate condition.

Posted by syeoh1 > 2016-07-14 10:15 | Report Abuse

Anyone already receive and have dividend credited into bank account? I used maybank nominee account when i check with them, they say the dividend will only credit on July 18 (next week monday). What????

Posted by Mk17 > 2016-07-14 10:18 | Report Abuse

received on 1/7/16 from cimb

Posted by syeoh1 > 2016-07-14 11:30 | Report Abuse

What type of account you maintain with CIMB?

Posted by Younglearner > 2016-07-14 12:21 | Report Abuse

received on 1/7/16 also

Posted by eagle100 > 2016-07-14 12:23 | Report Abuse

Syeoh, nominee acct always later than direct acct. 1 week or so later

Posted by Junichiro > 2016-07-14 17:06 | Report Abuse

Probably, the start of the wave 3 for Tune. The first TP 1.62

Posted by davidkkw79 > 2016-07-14 17:22 | Report Abuse

.........TP 1.62..... = =

Posted by davidkkw79 > 2016-07-14 17:44 | Report Abuse

u treat this jewerly as a pasar malam punya sayuran.....

Posted by Junichiro > 2016-07-14 18:58 | Report Abuse

If it can't reach 1.62 how it can reach higher? The resistance level is abt 1.62 . This is what I see fr the chart.

Posted by davidkkw79 > 2016-07-15 13:10 | Report Abuse

RM1.62 is too easy for pass through lar.

Posted by Junichiro > 2016-07-17 17:39 | Report Abuse

Are u sure? RHB IB gave the TP as 1.62 also.

Posted by davidkkw79 > 2016-07-18 10:09 | Report Abuse

So, still keep target of your RHB's TP ? :)

Posted by Junichiro > 2016-07-18 10:17 | Report Abuse

If it can pass 1.62, the next TP 1.8xx. This is the 2nd attempt to breach 1.59 levels.
Anyway, Tune is a safe bet. The only thing is you must be patient. It is not for those who like to hit n run.

Posted by Investeye > 2016-07-18 10:25 | Report Abuse

Still holding as this counter will even better at mid term

Posted by Chang Kae Wen > 2016-07-18 10:43 | Report Abuse

Sale pressure very strong ! susah !

Posted by kiki_lala > 2016-07-18 10:58 | Report Abuse

i feel Tunepro still have a big potential....

Posted by Jonathan Keung > 2016-07-18 10:59 | Report Abuse

need to be patient and hold for long term

Posted by hian949372 > 2016-07-18 15:35 | Report Abuse

Simple thinking. Now a days all go travelling. Plus terrorists case so many.. many tourists afraid.. so tune pro only insurance company provide travelling insurance in this industry. So, guys this share follow AirAsia steps... Even airasia not making money. Tune pro still win reason.. insurance.. HOW MANY OF US CLAIM THE INSURANCE ONCE WE BUY IT. AS LONG AS NOT SAME MAS AIRLINES.. HAHA THIS INSURANCE COMPANY WORTH TO HOLD.. REALLY WORTH.

Posted by HEIM2016 > 2016-07-20 14:18 | Report Abuse

waiting 1.800

Posted by john1 > 2016-07-20 14:59 | Report Abuse

TUNEPRO
( i ) Core business: Gobal Travel Insurance, General Insurance & Digital Insurance


- Global Insurance- 40% of Revenue

- 80 % of it is from Asia Countries ( Malaysia, Philipines and Indonesia ) and 20 % is from middle east

- Air Asia contributes 90 % of the sales


- General Insurance- 60% of Revenue

- Business is based in Malaysia and Thailand

- Motor insurance contributes 30 % of the sales

- Digital insurance- online insurance


( ii ) Financial Result

- Revenue

From 2011 to 2015, revenue has grown tremendously from 54.8 M to 357.7 M ( 552 % )/ Average 100 % per year


- Profit

Profit also grew from 27 M in 2011 to 69 M in 2015. ( average 12 % per year )

- Profit Margin

consistently above 20 %


Debt to Equity Ratio

2015- 1.46

2016- 1.55

Although, the debt has increased, but it is still acceptable for a fast growing company.



( iii ) Competitor ( LPI/ Takaful )

- PE

LPI- 16

Takaful- 21

Tunepro- 14


- Average Profit Margin ( 2011 -2015 )

LPI - 26 %


TAKAFUL - 7.5 %


TUNEPRO - 20 %

- Stock performance over a year

LPI- + 10.68 %

Takaful- + 3.25 %

Tunepro- -3.15

- Profit growth ( 1sr Quater 16/ 31/3/16 )

LPI- 15.8 %

Takaful- 0 %

Tunepro- 41 %

- Dividen ( 2016 )

LPI- 3.26 %

Takaful - 1.8 %

Tunepro- 3.4 %

# Comapred to the competitors, Tunepro did well in growing their business and offer the highest dividen to share holder. Besides, TUNEPRO is also undervalued as its PE is lowest among the companies in same industry.

( iii ) Advantage

- Strong support from AirAsia

As mentioned above, 90 % of sales of travel insurance is contributed by AirAsia.
Average 1 out of 4 persons who purchase Airasia tickets will purchase Tune Insurance.
Based on the Airasia quater report, number of passengers carried has increased 17% and Tunepro will definitely benefit from the growth of number of passengers.

- Management has worked hard in diversifying the business and reduce the relliance on Airasia

Tunepro has expanded the business to Asean countries and also Middle East.
Partnership with Cebu Pacific Airline and also Emirates.


- Generous Dividen and low PE
Dividen payout ration of 40 %/ 3.4 %
Low Pe- 14

( iv ) Disadvantage

- Too rely on Airasia
- Tunepro will face huge claims if air crash happens again.


Conclsuion

Tunepro is a company with strong fundamental and endless potential.
As long as Airasia and global tourism keep on growthing, Tunepro will certainy benefit most from it.

Posted by SpaceNeedle > 2016-07-20 17:09 | Report Abuse

What about Allianz, PE just 5.6?

Posted by davidkkw79 > 2016-07-20 22:59 | Report Abuse

Have u count in its allianz PA ??

Posted by humbleisland > 2016-07-21 12:22 | Report Abuse

david, what are you trying to say?

Posted by davidkkw79 > 2016-07-21 13:09 | Report Abuse

If don't understand, just buy tunepro lar. Lazy to involved Allianz.

Posted by Ultramen > 2016-07-22 12:48 | Report Abuse

buy buy buy

Posted by SpaceNeedle > 2016-07-22 16:27 | Report Abuse

Bingo, many do not consider PA. After including the PA, it is no longer undervalue with so stagnant growth rate.

Posted by davidkkw79 > 2016-07-22 16:43 | Report Abuse

Allianz still is a very good company, but compare to tunepro I rather choose tunepro cause it is less competitive in aviation. And some more there is still a big market to it grow.

Posted by SpaceNeedle > 2016-07-22 16:47 | Report Abuse

Another point is that Allianz has tight CAR margin, but tunepro not.

Posted by Junichiro > 2016-07-22 20:40 | Report Abuse

Both these gentleman are buying or selling?

Posted by davidkkw79 > 2016-07-22 20:56 | Report Abuse

Normally is selling, selling to other big Institute to join in with bright prospect future of tunepro.

Posted by davidkkw79 > 2016-07-23 10:13 | Report Abuse

Don't know. But no matter buy or sell, it is still meaning that someone is interesting to buy in or buy more. Is a good sign.

Posted by ga12345678 > 2016-07-25 12:13 | Report Abuse

gogogo tunepro:)

Posted by Gungho > 2016-07-25 14:36 | Report Abuse

Good stock to hold long term. Good dividend stock

Posted by davidkkw79 > 2016-07-26 18:22 | Report Abuse

Kwp keep on buying it. http://www.bursamalaysia.com/market/listed-companies/company-announcements/5157769

Posted by Junichiro > 2016-07-26 18:44 | Report Abuse

Tune riding on the AirAsia wave.

Posted by PitBulL > 2016-07-27 00:25 | Report Abuse

KWAP bought shares like no tomorrow.

Posted by kiki_lala > 2016-07-27 12:49 | Report Abuse

Bullish soon

Posted by Investeye > 2016-07-27 22:36 | Report Abuse

Tune pro should get advantage if the increased loading...

KUALA LUMPUR(July 27): AirAsia Bhd, Asia’s biggest low-cost carrier, carried 12% more passengers for the second quarter ended June 30, 2016 (2QFY16) at 13.9 million, compared with 12.4 million a year ago, well ahead of the increase in capacity of 4%.
In its preliminary operating statistics statement today, AirAsia said that its passenger load factor also rose 6 percentage points(ppts) to 85% in 2QFY16, compared to 79% in 2QFY15.
"At the end of the quarter under review, the group's total fleet size stood at 174 aircraft, which includes two aircraft that was delivered to AirAsia Japan which has not commenced operation" it added.

On an individual market basis, Malaysia AirAsia (MAA) carried 6.55 million passengers in 2QFY16, up 10% from 5.95 million passengers a year ago, well exceeding its 1% increase in capacity.

"MAA's load factor stood at 87% for 2QFY16 , up 7 ppts from 80% in 2QFY15," it added.

As at June 30, MAA operated a fleet of 81 aircraft.

“A new route was introduced during the quarter: Johor Bahru – Guangzhou. Frequency was added on one route: Kuala Lumpur – Shenzhen,” said AirAsia.

Thai AirAsia (TAA) also saw the number of passengers carried rise 18% to 4.17 million in 2QFY16 from 3.54 million in 2QFY15, ahead of the 13% increase in capacity.

TAA's load factor increased 3 ppts to 83% in the period, and took delivery of two additional aircraft, bringing the total number of aircraft in its fleet to 49.

“Seven new routes commenced operations: Chiang Mai – Changsa and Khon Kaen; Khon Kaen – Hat Yai; Hat Yai – Chiang Rai and Johor Bahru; and Bangkok – Kochi and Shantou. Frequency was added on one route: Hat Yai – Chiang Mai,” said AirAsia.

Indonesia AirAsia (IAA) reported a 2% increase in the number of passengers carried to 1.66 million in 2QFY16 from 1.63 million in 2QFY15, despite a capacity reduction of 11%.

IAA's load factor displayed a marked increase to 83% in 2QFY16 compared with 73% a year ago.

Its total fleet at the end of 2QFY16 stood at 22 aircraft, which includes 8 aircraft operated by Indonesia AirAsia X.

Philippines AirAsia (PAA), meanwhile, carried 1.01 million passengers during the three months, up 3% from 976,381 passengers in 2QFY15,despite capacity decreasing by 9% compared to a year ago as part of its capacity rationalisation plan.

“PAA ended the quarter with a total fleet of 14 aircraft..Two new routes were introduced during the quarter: Manila – Hong Kong and Shanghai,” said AirAsia.

AirAsia India saw passenger numbers increase by 76% to 533,050 in 2QFY16 from 302,136 a year ago, supported by 68% increase in capacity. Load also grew 4 ppts to 87% in 2QFY16.

Posted by PenguinDad > 2016-07-29 09:22 | Report Abuse

Still good positive!

Posted by hian949372 > 2016-07-29 12:19 | Report Abuse

guys... tune pro... is really good potential counter, riding with airasia. come come

Posted by PenguinDad > 2016-07-29 13:35 | Report Abuse

Yes. Once AirAsia get more airplanes that there will be more passengers and need more insurance.

Posted by hian949372 > 2016-07-29 14:34 | Report Abuse

Penguindad.. salute u. same thinking as mine.. i seen u at mbsb forum also. haha

Posted by PenguinDad > 2016-07-29 15:19 | Report Abuse

Hi Hian949372. Don't forget about AAX. It is going to London soon.

Posted by chiongster1234 > 2016-08-02 20:30 | Report Abuse

lai liao lai liao

Posted by Ultramen > 2016-08-02 23:54 | Report Abuse

bo lai leh

Posted by PenguinDad > 2016-08-03 09:28 | Report Abuse

Increasing AAX passengers. Good news for Tunepro.

Posted by davidkkw79 > 2016-08-03 22:16 | Report Abuse

More airplanes accident happened and happened....

Posted by Chan SauWei > 2016-08-04 18:20 | Report Abuse

wait for qr result....worry some contra kaki sell on news