TUNE PROTECT GROUP BERHAD

KLSE (MYR): TUNEPRO (5230)

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Last Price

0.28

Today's Change

0.00 (0.00%)

Day's Change

0.275 - 0.28

Trading Volume

362,100


11 people like this.

5,300 comment(s). Last comment by Good123 3 days ago

Spice828

76 posts

Posted by Spice828 > 2019-08-21 19:16 | Report Abuse

Good result !

shpg22

2,984 posts

Posted by shpg22 > 2019-08-21 19:28 | Report Abuse

Revenue dropping...

yfchong

5,879 posts

Posted by yfchong > 2019-08-21 21:25 | Report Abuse

Sad... ai yah

lazycat

899 posts

Posted by lazycat > 2019-08-21 22:54 | Report Abuse

result not too bad but not good also, haiya.. a bit disappointing

Arnold76

58 posts

Posted by Arnold76 > 2019-08-22 13:13 | Report Abuse

?? My salam to Great Eastern. What meaning

yfchong

5,879 posts

Posted by yfchong > 2019-08-22 15:09 | Report Abuse

60 cts... Can jump in

yfchong

5,879 posts

Posted by yfchong > 2019-08-22 15:56 | Report Abuse

Come come 60 cts...

sasword

1,169 posts

Posted by sasword > 2019-08-22 16:54 | Report Abuse

Yeah, 80 cent jump in, 60 cent jump in, 30 cent jump in, 5 cent all in !!!

aaabbbccc

507 posts

Posted by aaabbbccc > 2019-08-22 18:03 | Report Abuse

wtf.. last min sell 64 sen

firehawk

4,783 posts

Posted by firehawk > 2019-08-26 11:09 | Report Abuse

pls don't press the panic button ... 3 sen will be given as dividend soon!

aaabbbccc

507 posts

Posted by aaabbbccc > 2019-08-26 18:22 | Report Abuse

y all panic sell today

Spice828

76 posts

Posted by Spice828 > 2019-08-26 20:55 | Report Abuse

Good soon will be 5% dividend yield

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2019-08-30 11:01 | Report Abuse

Funds keep on disposed off. Revenue is falling, looks like new ceo is so so. TP55 ST. LT +ve.

Parttimer

115 posts

Posted by Parttimer > 2019-09-10 15:07 | Report Abuse

why up?

slee

588 posts

Posted by slee > 2019-09-23 09:04 | Report Abuse

Double bottom, time to buy, high chances rebound...

flexibt

471 posts

Posted by flexibt > 2019-09-23 15:26 | Report Abuse

Due to Haze?

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2019-09-24 09:10 | Report Abuse

Kumpulan is negative on this stock? Revenue down is bad as many insurers recorded a positive growth. Management remains silent, that may reflect they are running out of ideas? ST remains 55. If Kumpulan still dumping it, 50 is possible. TF now becomes quiet too, all companies under him failed to deliver now and disappointed minority SHs. Talked loud when its traded around 140.

bose00

1,079 posts

Posted by bose00 > 2019-09-25 12:22 | Report Abuse

the chart shows very bearish trend. Break the support at 0.58. Next support at 0.55. Keep this counter in my watchlist first...

alexsee

1,349 posts

Posted by alexsee > 2019-10-02 09:58 | Report Abuse

this 2 funds keep selling.. dare to average down if reach RM0.5?? kakaka..

Buy when people don't want, this is the only way to buy cheap, of course we don't know where is the bottom, it may go down even lower until u loss confident and scare then sell with loss..

We also don't know how long it will take to bounce back, so do make sure company still earning $$ and able to give dividend with strong cash flow, business model is good prospect, and don't use margin.. only use your extra money to average down bit by bit.. and wait the good bargain.. then sell with profit..

this is how you get reward with your patient and confident :)

just a note to myself, will check back after 3 months... :)

alexsee

1,349 posts

Posted by alexsee > 2019-10-02 10:06 | Report Abuse

if look at the chart, the long term trend is keep down from the peak RM2.5 ( june 2014) til today RM0.57.. discounted RM 2 or about 80%..

if draw a line peaks to peaks, lowest point to lowest point.. it is a very scary downward long term trend without light..

Emm..

sasword

1,169 posts

Posted by sasword > 2019-10-02 16:40 | Report Abuse

Would perform multiple bottomless trap, good to buy now and make donation to big belly ass fish.

Davidl

1,816 posts

Posted by Davidl > 2019-10-03 16:23 | Report Abuse

Patiently wait for 50cts.

Posted by Melvinchek > 2019-10-04 12:13 | Report Abuse

I agreed with Alex!

yfchong

5,879 posts

Posted by yfchong > 2019-10-05 19:29 | Report Abuse

50 cts... Is a good buy. Keep for 365.25 days... Thanks..

Michael Kwok

6,445 posts

Posted by Michael Kwok > 2019-10-05 19:41 | Report Abuse

Is due to earning down year after year.Or chart show certain pattern that investor must be careful.No easy meat till next year.

yfchong

5,879 posts

Posted by yfchong > 2019-10-05 19:49 | Report Abuse

Just hope that no impairment n hidden agenda.

ahbah

6,238 posts

Posted by ahbah > 2019-10-05 20:00 | Report Abuse

TunePro at the current price .... maybe already a yummi meat for some players except for the River & Persaraan players ?

yfchong

5,879 posts

Posted by yfchong > 2019-10-06 19:09 | Report Abuse

Well resting time.

lloydlim

3,971 posts

Posted by lloydlim > 2019-10-08 12:33 | Report Abuse

Aiming for 50cts

yfchong

5,879 posts

Posted by yfchong > 2019-10-08 14:27 | Report Abuse

50 cts.... Yeah

bossku

8 posts

Posted by bossku > 2019-10-08 16:42 | Report Abuse

today will close 0.58

Posted by thunderking > 2019-10-09 10:24 | Report Abuse

Support is emerged

alexsee

1,349 posts

Posted by alexsee > 2019-10-09 11:18 | Report Abuse

0.55 --- 0.50 --- 0.45 --- 0.4
Yeah !!!

Ncm88

1,219 posts

Posted by Ncm88 > 2019-10-09 11:28 | Report Abuse

This stock apa hal ? Not bery good meh

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-10-09 11:58 | Report Abuse

give him a bit of time to perform, etc :)



KUALA LUMPUR (May 8): William Foo has been appointed chief executive officer of Tune Insurance Malaysia Bhd effective today.

Tune Protect Group Bhd — the parent company of Tune Insurance — announced the appointment today in a filing with the bourse.

"The company is optimistic that with Foo on Board, it will accelerate its growth and transformation towards becoming a leading digital insurer.

"He brings with him more than 25 years of experience and solid track record, having served in a variety of roles in the general insurance industry."

Foo is an associate of the Malaysian Institute of Insurance, a senior associate CIP of Australian and New Zealand Institute of Insurance and Finance and a Registered Financial Planner. He graduated with a Bachelor of Management with Honours from Universiti Sains Malaysia.

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-10-09 12:03 | Report Abuse

29-Apr-2019 27-May-2019 DIVIDEND Final Dividend RM 0.03 Dividend Detail
03-May-2018 30-May-2018 DIVIDEND Final Dividend RM 0.03


dividend yield 3/55 x 100= 5.4%+++


hopefully back to 5sen per share soon :) if 5sen/55sen x 100= 9%+

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-10-09 12:05 | Report Abuse

at group level ,group ceo juga baru.... everything will not be the same.... :)

https://www.thestar.com.my/business/business-news/2019/01/15/tune-protect-appoints-khoo-ai-lin-as-group-ceo/

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-10-09 12:06 | Report Abuse

IPO Info
Key Data:
General Retail Institutional
Offer Period
Opening 23/01/2013 - -
Closing 23/01/2013 View Remark - -
Price
Issue Price 1.55 View Remark - -
Par Value 0.100 - -
Units 751,759,980 - -
No of Shares
Public Issue up to 143,374,900 - -
Offer for Sale up to 66,850,000 View Remark - -
Private Placement up to 168,878,100 View Remark - -
Time Table
Allotment Date 20/02/2013 - -
Listing Date 20/02/2013 - -
Issuing House MIH 538 - -
ISIN Code MYL5230OO007 - -
Prospectus:
INITIAL PUBLIC OFFERING OF UP TO 210,224,900 ORDINARY SHARES OF RM0.10 EACH IN TUNE INS HOLDINGS BERHAD ("TIH") ("TIH SHARES") COMPRISING A PUBLIC ISSUE OF UP TO 143,374,900 NEW TIH SHARES ("PUBLIC ISSUE SHARES") AND AN OFFER FOR SALE OF UP TO 66,850,000 EXISTING TIH SHARES ("OFFER SHARES") COMPRISING:

(I) THE INSTITUTIONAL OFFERING OF UP TO 102,028,100 PUBLIC ISSUE SHARES AND UP TO 66,850,000 OFFER SHARES TO:

(A) MALAYSIAN INSTITUTIONAL AND SELECTED INVESTORS INCLUDING BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF FINANCE; AND

(B) FOREIGN INSTITUTIONAL AND SELECTED INVESTORS OUTSIDE THE UNITED STATES IN RELIANCE ON REGULATIONS UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED,

AT THE INSTITUTIONAL PRICE TO BE DETERMINED BY WAY OF BOOKBUILDING; AND

(II) THE RETAIL OFFERING OF UP TO 41,346,800 PUBLIC ISSUE SHARES TO:

(A) MALAYSIAN CITIZENS, COMPANIES, CO-OPERATIVES, SOCIETIES AND INSTITUTIONS; AND

(B) THE ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF TIH AND ITS SUBSIDIARIES,

AT THE RETAIL PRICE OF RM1.55 PER PUBLIC ISSUE SHARE,

SUBJECT TO CLAWBACK AND REALLOCATION PROVISIONS AND OVER-ALLOTMENT OPTION AS DESCRIBED IN THIS PROSPECTUS.

THE RETAIL PRICE IS PAYABLE IN FULL UPON APPLICATION AND SUBJECT TO A REFUND OF THE DIFFERENCE IN THE EVENT THAT THE FINAL RETAIL PRICE IS LESS THAN THE RETAIL PRICE.THE FINAL RETAIL PRICE WILL EQUAL THE INSTITUTIONAL PRICE, SUBJECT THAT IT WILL NOT EXCEED THE RETAIL PRICE.

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-10-09 12:07 | Report Abuse

with airasia expanding internationally, more n more passengers using tunepro insurance, be patient... IPO price was RM1.55, now just about 55sen... believe it could maintain its more than 5% dividend yield... with its new CEO, believe that there is still hope :)


Wednesday, 21 Aug 2019

6:25PM TUNEPRO 1H net profit 31.738 million (increased 0.27%)

Tuesday, 28 May 2019

5:45PM TUNEPRO 1Q net profit 20.150 million (increased 10.42%)

Friday, 22 Feb 2019

6:24PM TUNEPRO Financial year end net profit 52.918 million (increased 5.79%)

Thursday, 15 Nov 2018

6:26PM TUNEPRO Nine-month net profit 41.714 million (increased 2.33%)

Wednesday, 29 Aug 2018

6:07PM TUNEPRO 1H net profit 31.654 million (increased 17.96%)

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-10-09 12:12 | Report Abuse

Give time to the new group CEO and also the new company level CEO to perform, etc. Only appointed this year :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-10-09 12:14 | Report Abuse

:)

Date Open Price Target Price Upside/Downside Price Call Source News
22/08/2019 0.65 0.92 +0.27 (41.54%) BUY MIDF Price Target News
22/08/2019 0.65 0.72 +0.07 (10.77%) HOLD AmInvest Price Target News
22/08/2019 0.65 1.10 +0.45 (69.23%) BUY AffinHwang

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-10-09 12:20 | Report Abuse

Tony might consider share swap to privatise it with AirAsia shares. A lot of condemnation :)

alexsee

1,349 posts

Posted by alexsee > 2019-10-09 12:26 | Report Abuse

how many time they wants change CEO?? every year different people.. investor lost confident, that's why 2 big funds keep selling...

For dividend, if price down, dividend also down.. if 0.5, they may reduce to 0.02 cents dividend

Now only hope this company continue making good profit

I think the price will keep at this range 0.5 - 0.55 for another year :) until the boss buy back to support.. for now, didn't see any action yet... maybe they have no $$ .. haha

alexsee

1,349 posts

Posted by alexsee > 2019-10-09 12:31 | Report Abuse

really pity for those bought above RM 1 and still holding now.. and no dare to average down at this current price (they price may go down to RM0.5 soon)

3 cents dividend also cannot cover the capital loss and lock..

Ncm88

1,219 posts

Posted by Ncm88 > 2019-10-09 12:38 | Report Abuse

Cash flow ada problem?

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-10-09 13:56 | Report Abuse

kumpulan 6%+, river 5%+, hopefully these institutional funds will stop selling :)

lloydlim

3,971 posts

Posted by lloydlim > 2019-10-09 14:07 | Report Abuse

It is a value buy at 50cts & below

Victor Yong

8,271 posts

Posted by Victor Yong > 2019-10-09 15:08 | Report Abuse

tony should advise kumpulan and river to sell in stages for the open market to absorb or tony buy their stakes or get buyer to purchase them

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