Thts why the started bundling with airasia, and with the growth of airasia, Tunepro would solve this issue, the bundling start end of May, it's hold be translated into profit in coming quarter.
This is a profit company and it is the fact that Airasia is growing on fleet size, and we have AAX and tuneprotect insurrance too. How bad the management is??
The only thing I see that is growing at double digit is the management expenses. Ask tony what the f is that?? As long as this expenses keep growing at this rate coupled with contraction in travel insurance premium, you can forget about the earning growth.
Last year online policies sold 7000 units. This quarter already sold 3000units. 1 quarter is 45% of last year total policies issues. Can u see the trend is coming?
What do ppl buy on inflight purchasing. Insurance ? I think not. souvenir items most probably. Or having air stewardess trained as insurance agents ? What a joke.
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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....
Yong Chun Wah
625 posts
Posted by Yong Chun Wah > 2017-06-01 09:54 | Report Abuse
i think, they are waiting to let go at the right price, be patient :)
http://www.businesstimes.com.sg/banking-finance/airasia-founders-tune-group-considers-selling-insurance-holding