Soon touching. Luckily disposed off immediately after it announced the financial results as news messaging tends to downplay the drop in profit. I don't buy in news messaging which try to bullshit. Saved about 40%.
HoldingKing - you may want to re-examine your assessment for TIH. It is no longer a high growth company, IMHO. Its strong growth period (2013-2015) is over. Hence, it doesn't justify the kind of valuations of the past. :-)
but if the price drops to RM1.00 and below...i don't mind to hold some shares ....hehehehe then again it may not hit RM1.00 and do a V-sharp rebound and i will miss the boat :-(
Very good move, directly drag to 0.94 then towards 0.50 better, who would believe this goreng counter to stay good after big fish ady protect money in own pocket to perform good, in ur dream la...left lampa hentam right lampa punya counter.
Below IPO price now. The fundamental of the business has changed after mavcom opt in ruling. I see many members here do not really understand tune protect business
HoldingKing - On the same token, we avoided the huge price correction by not owing the stock. Just a side joke - WB's rule no 1 - not to lose money; rule no 2 - go back to rule no 1.
Tunepro is undergoing some bump and hence cause the stock price to plunge due to some regulatory changes. If you don't trust the business model and capability/ integrity of the Management, pls don't put in your money.
If you have faith in them, don't miss this golden opportunity to buy at this low price.
Don't try to be expert to predict how low the price can go. Don't try to buy the lowest as the lowest may not come.
There is nothing terrible about this counter - suregain. You either make/loss money only. Please do not make fun of ppl who are still invested in the stock.
Chongyo - thanks for your comment. From my perspective, there is a weakness in TIH's biz model currently which I personally do not like. But that should not stop me from trading (not keeping for long term) the stock if the opportunity arises. As for the integrity or stablility of the managemen teamt, how many CEOs they have in the last few years?. You know better, so on this aspect, it won't score high mark for me. Any other "constructive" feedback or comments are welcome.
whey whey - go google. Are you telling us you want to buy below RM1.00 without having some basic understanding of the company? :-) Never mind. It is never late to learn how to do research independently .
Chingyo - I think most of us who follow this stock understand what integrity of management mean. Do you still remember what happened in May 2017?. Management said they have "big announcement" to make at the upcoming AGM, which drove share price above RM1.60. All those who chased up the stocks might not have good thing to say about "integrity".
Better not to collect yet when you are not sure of the bottom; but to wait for its next Qtr results which is coming out soon in this month. I went into it based on coldeye's write-up but luckily I sold all but it started to decline. Not putting the blame on coldeye as one has to do your own findings i/o relying on ohers.
Maybe at present TIH mostly sell aviation insurance to AA for eg. Perhaps new CEO can let TIH sell more types of insurances from Prudential(my guess only) eg medical or motor insurance.
this stock is overhyped due to the perceived airasia network effect. but look at the facts. profit is down for the last few quarters. u got to think how can tune protect improve its business from here?
VIX is up and risk off mode in the US may fuel further downward pressure for TIH's share price. So it is rather real for TIH to go below RM1.00 soon.....and i honestly dont know where the bottom is.
CEO remuneration (group): 2014: $1,028,000 2015: $1,928,000 2016: $2,575,000 Whether coming profit will increase or not remains uncertain but the above data tell that performance dropped when remuneration up. If imported CEO is a genius, most likely the figures will be up again, performance is up to your own judgment. TP 88.
The management expenses is indeed growing at high double digit 20-30% YoY. One of reason why profit remain stagnant. 2 more days to penny stock status.
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....
Jeffreyteck
4,247 posts
Posted by Jeffreyteck > 2017-08-09 09:06 | Report Abuse
Soon touching. Luckily disposed off immediately after it announced the financial results as news messaging tends to downplay the drop in profit. I don't buy in news messaging which try to bullshit. Saved about 40%.