TUNE PROTECT GROUP BERHAD

KLSE (MYR): TUNEPRO (5230)

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Last Price

0.30

Today's Change

-0.015 (4.76%)

Day's Change

0.30 - 0.305

Trading Volume

337,800


11 people like this.

5,302 comment(s). Last comment by Eric Fong 2 days ago

slee

588 posts

Posted by slee > 2018-08-01 20:34 | Report Abuse

if play swing method, i think can collect some d.. yesterday n today consider triggered oversold

lokim

63 posts

Posted by lokim > 2018-08-01 20:55 | Report Abuse

May be have bad news soon...sell tomorrow loh....

Kvin74

24 posts

Posted by Kvin74 > 2018-08-01 22:16 | Report Abuse

Good time to pick up also maybe.

tonypang

32 posts

Posted by tonypang > 2018-08-02 00:05 | Report Abuse

tis correction seems like too deep

slee

588 posts

Posted by slee > 2018-08-06 09:52 | Report Abuse

Next wave may kick start..

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2018-08-06 09:55 | Report Abuse

I am still staying!! Tony keep up brother, this Tunepro is not suppose to be a penny stock.

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-08-06 10:24 | Report Abuse

So good !

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-08-06 11:10 | Report Abuse

Best timing to buy

Darren

343 posts

Posted by Darren > 2018-08-06 17:16 | Report Abuse

bought too little on Friday low, should add more this morning...... looking to break 1.00 in short term

peterchu

582 posts

Posted by peterchu > 2018-08-06 18:01 | Report Abuse

To break 1 this week

franky65

160 posts

Posted by franky65 > 2018-08-07 16:04 | Report Abuse

definitely break 1 ????????

sheldon

1,425 posts

Posted by sheldon > 2018-08-10 11:09 | Report Abuse

how's the outlook? break 1 or break 0.90?

Posted by Candyliow99 > 2018-08-10 19:36 | Report Abuse

when QR come out?

franky65

160 posts

Posted by franky65 > 2018-08-13 09:58 | Report Abuse

Stupid counter why so lame?

ilovekari

69 posts

Posted by ilovekari > 2018-08-13 11:57 | Report Abuse

break 0.90 la.

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2018-08-15 08:41 | Report Abuse

A healthy consolidation will bring a counter consistent growth.... good ... 1.6 takes year to go down also take yrs to go back maybe

Posted by Maurice1688 > 2018-08-15 11:09 | Report Abuse

Tune Protect Group Bhd
(Aug 14, 94.5 sen)
Maintain buy with a higher target price of RM1.20: Compared with financial year 2017 (FY17), which saw Tune Protect Group Bhd’s core net profit suffered a 40% decline year-on-year arising from high motor claims liabilities, adverse effects of “opt-in” regulatory changes and higher marketing expenses, we believe that the FY18 to FY20 period will potentially be recovery years.

This will likely be driven by new partnerships and developments of new digital platforms, coupled with product innovations and introductions, cost-control measures, more digital initiatives and expansion of the company’s presence into other countries.

We raise our net profit forecasts for FY18/FY19/FY20 by +7%/+20.8%/+22.7%. Though there were top-line revisions of gross written premiums and net earned premiums, a lower net claims ratio and a lower commission ratio were the key drivers of our earnings revisions.

The Dynamic Pricing 2.0 with “artificial intelligence” features (to identify specific needs based on age, medical history and so on) is expected to be integrated seamlessly into AirAsia’s website, expected by end-2018.

Key downside risks include a sustained decline in its travel insurance segment and a sticky motor claims ratio. — Affin Hwang Capital, Aug 14

Posted by Maurice1688 > 2018-08-15 11:10 | Report Abuse

KUCHING: A significant amount of Tune Protect Group Bhd’s (Tune Protect) gross written premium (GWP) is expected to be underpinned by Malaysia’s general insurance business for 2018 estimate (2018E), while the rest is to come from digital global travel insurance, analysts observed.

For 2018E, Affin Hwang Investment Bank Bhd (Affin Hwang) expected the bulk of gross written premium (GWP) to be underpinned by Malaysia’s general insurance business (80 per cent of GWP), while the rest is to come from digital global travel insurance (approximately 10 per cent).

Nonetheless, at the profit-after-tax line, the research firm estimated that about 55 per cent will be driven by the digital global travel insurance segment.

“In our view, there may not be major unforeseen circumstances in the travel industry as well as the Malaysian general insurance market (motor, fire, marine or aviation or transport) that may drive down premium growth or a major calamity that could cause a spike in claims,” the research firm said.

“As Tune potentially introduces more innovative and new products into the market (working out a business model through a partnership with Laka Ltd from the UK), we believe that this will bring in additional revenues to the group.

Though the domestic general insurance market remains challenging and competitive, the research firm did not see significant price-discounting under the detariffed market (for motor and fire) in Malaysia.

Overall, Affin Hwang believed that the 2018-2020E period will be potentially recovery years compared to 2017, which saw Tune Protect’s core net profit suffer a 40 per cent decline year on year (y-o-y) arising from the high motor claims liabilities, adverse effects of the ‘Opt-in’ regulatory changes and higher marketing expenses.

“This will be driven by new partnerships with airlines or car dealers to promote Tune’s insurance products, introduction of Insurtech ideas, development of new digital platforms coupled with product innovation and introduction, cost-control measures (through panel workshop management), revised underwriting terms, more digital initiatives (claims processing, underwriting) and expansion of presence into other countries,” the research firm said.

Affin Hwang thus raised its net profit for 2018E, 2019E and 2020E by seven, 20.8 and 22.7 per cent, respectively.

“We believe that the earnings outlook in 2019-20E is increasingly more promising on the back of stronger revenue growth arising from initiatives to boost digitisation (which includes global travel and motor insurance) and potentially lower net claims.”

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2018-08-15 14:07 | Report Abuse

Thanks maurice

shpg22

2,984 posts

Posted by shpg22 > 2018-08-17 15:26 | Report Abuse

Quarterly result going to be out probably end of today or next Mon.
Brace !!!

Posted by Candyliow99 > 2018-08-17 19:19 | Report Abuse

no good?

myfm_18

59 posts

Posted by myfm_18 > 2018-08-21 18:18 | Report Abuse

bad QR coming?

Posted by Melvinchek > 2018-08-23 10:49 | Report Abuse

Is bad quarterly result coming? Why the price keep going down...

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-08-23 11:12 | Report Abuse

Looks good to buy,profit incoming.....

Posted by Maurice1688 > 2018-08-23 19:18 | Report Abuse

when is QR coming?

Posted by Candyliow99 > 2018-08-23 20:32 | Report Abuse

Mayb 30

Posted by Derrick Ng Wooi Kiang > 2018-08-24 15:46 | Report Abuse

Break 90 cents already, what happen?

cheoky

2,823 posts

Posted by cheoky > 2018-08-24 16:24 | Report Abuse

top up a bit

TopEarn1

467 posts

Posted by TopEarn1 > 2018-08-24 16:55 | Report Abuse

topup another 50lot.

Posted by Candyliow99 > 2018-08-24 18:06 | Report Abuse

Mayb this time bad QR

TopEarn1

467 posts

Posted by TopEarn1 > 2018-08-25 12:40 | Report Abuse

i think should be good. :)

myfm_18

59 posts

Posted by myfm_18 > 2018-08-25 16:54 | Report Abuse

topearn1 how come?

TopEarn1

467 posts

Posted by TopEarn1 > 2018-08-26 00:01 | Report Abuse

Dont forget, there are alot voters (and overseas media) flying back in May. Also, the voters will have two ways tickets. Most people will get the insurance from Tune.

Apart from it, most people travel using AA cause the price is still very competitive. As Affin Hwang forecast their growth will be better, thus, i believe Tune will perform better. Hope I am not wrong either.

TopEarn1

467 posts

Posted by TopEarn1 > 2018-08-26 00:10 | Report Abuse

ya it could be, why not? But this counter longterm should be good.

Tete7893

228 posts

Posted by Tete7893 > 2018-08-26 21:43 | Report Abuse

this month i bought 4 time insurance jst for two vacation. will contribute for next quarter

firehawk

4,783 posts

Posted by firehawk > 2018-08-27 10:17 | Report Abuse

Heavy selling ... why?

sheldon

1,425 posts

Posted by sheldon > 2018-08-27 10:59 | Report Abuse

Looks like a bad quarterly awaits

Posted by Candyliow99 > 2018-08-27 11:05 | Report Abuse

sure bad QR

shpg22

2,984 posts

Posted by shpg22 > 2018-08-27 11:40 | Report Abuse

Result is expected on 18th, but drag until now. WTH

davidkkw79

5,068 posts

Posted by davidkkw79 > 2018-08-27 13:02 | Report Abuse

What kind of profit u guys are expecting is good? EPS 1.5-1.7 Sen?

shpg22

2,984 posts

Posted by shpg22 > 2018-08-27 16:59 | Report Abuse

Got a feeling tony is up to something bad

ethan

60 posts

Posted by ethan > 2018-08-27 17:21 | Report Abuse

something bad in brewing ? why cant it just release the qr early like normal practice ? something fishy ?

davidkkw79

5,068 posts

Posted by davidkkw79 > 2018-08-27 20:08 | Report Abuse

Normally is like this let those institute shareholders knew the result and run first, then only release to retail investors

TopEarn1

467 posts

Posted by TopEarn1 > 2018-08-27 21:46 | Report Abuse

i will hold for longterm if really drop. Tune is profiting company.

sheldon

1,425 posts

Posted by sheldon > 2018-08-27 22:55 | Report Abuse

Looks like insider trading at play if results are bad. Have not announced yet there's a sell off

myfm_18

59 posts

Posted by myfm_18 > 2018-08-27 23:52 | Report Abuse

if good QR will release early

newbie911

1,111 posts

Posted by newbie911 > 2018-08-27 23:55 | Report Abuse

After result....see u at Rm0.75 - Rm0.80.

Investeye

2,347 posts

Posted by Investeye > 2018-08-28 11:51 | Report Abuse

The Q result may not that poor..Expected the revenue up but profit less due to operating cost up or payout rate is high(it is nature of insurance business). The growing prospect is still very good. With present price , the price down is limited and upside is much much higher... accumulate at low.

shpg22

2,984 posts

Posted by shpg22 > 2018-08-28 19:53 | Report Abuse

Probably red until they miss out reporting for the quarter.

TakeProfits

1,229 posts

Posted by TakeProfits > 2018-08-29 16:57 | Report Abuse

Worry this TF fellow and his gang...

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