Trending downwards further from all the experts analysts TP. Another AirAsia stock movement trend, down below one and reverse the gear then, hopefully.
Some bugger has lots of share stocks and is short selling tune. So don't know how long this will continue. Tune has got lots of shares. So until this fella stops selling down we have to hold on to our shorts. I hope it's not our major shareholders. Everyday the selling downs Tune price by 1 to 2 cents . So whoever it is, I hope something.happens to that person or group, to stop selling tune down. Let's pray and hold onto our site and shorts. Anyone any ideas.
Some one is taking advantage of selling it down cos due to current sentiment. "they"'are selling it down. Buying power is not strong so these shortsellers are selling it down. Well let's be patient. Maybe those who want to buy should wait for Amits talk of it being sold down to 89c or around there. So let's hold our horses.
Nickengk, not sure foreigners selling. When big funds buy, they take their time to accumulate. Since sentiment is not so good and buying strength in tune is subdued, they are taking advantage in selling it down for many reasons. Flushing out weak holders is one of the reasons. Since the share base in tune is quite huge and given that sentiment is not so good,.weak holders may be selling. It is also good that this is happening right now. With new top management in place, we trust things will progress from now on. Let's hold tight and wait for the best.
big funds you mean those unit trust funds????...takeprofits - you must be a big "kaki" with deep pocket in order for you to buy TIH all the way up...wow!
Nick, retailers can join in to sell. This means if you have shares and think due to sentiment and bad news around a stock, you can sell off and wait for it lower to buy back. Can you see what I mean. But the big boys have more money. Just that they can short sell, and push the shares down. They look at sentiments to do it. In bullish market they date not do it. But the price is down so much so I gather that there are some big kakis that want it down. I hope it's not whom I think is involved. Let's hope they are looking after shareholders interests.
Company fundamental & Profit wise is doing good. I think the uncertainties of the CEO position is causing this drop. Now that the uncertainties are clear. Hopefully we see Tunepro to make a U Turn
i am adding more this few days because i believe in the business model, no business is risk free, with the opportunity to tie up with Airasia and obtain a license to operate in insurance especially operate digitally, is not an easy task. TPG will found their ground and hope new management will resume its growth story again.
Have to be careful right now even index is up but overall share still sideways. Last one catalysm for klci will be 2017 gov bucjet annc & coming election
If travel insurance is still their main Premium , it will continue to be very expose and it is know within the insurance sector, the profitability is low and very vulnerable !!! Bear in mind , the burning rate is not more than 6% .............. just trade with extreme care !!!
Yup, it going to be vulnerable when there is a single disaster with the flight....but it's already so volatile when mkt edge higher & all is calm with air asia....
Everybody just be patient lar. Let the share price slowly move up. Won't be in a day or even a month. Slow moves better. Or else very fast go up , also very fast come down. I am sure you have experienced waiting period, 6 months to a year etc to see it's fruits. If you happy to make 5c, then may be very soon. If you want to make more, just don't look at the share price every 5 seconds. It's a good company and let's hope TF and Merican will remember minority share holders like us. Hang ooonnn everyone. Everybody get some toddy, and look at this stock.on and off. Just hold on. Other thing of concern is US markets. Let's hope Dow has more steam for longer. Don't panic!! Haha
As long as this year annual profit can stay around 70m the share price sure go up. Now we have to wait for Q2. Q1 + Q2 need to have at least 30m then would have better chance to break 70m
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....
ethan
60 posts
Posted by ethan > 2017-08-03 11:41 | Report Abuse
hey bros, some nice TA info: http://www.concordregister.com/tune-protect-group-berhad-5230-kl-seeing-increased-volatility-in-session/