Before it hits 80sen will reach 62 to 65sen. AA Digital achieved unicorn status and tunepro is part of the digital insurance backbone. Bouncing back stronger.
Think they were speaking on the new product strategy and digital focused on buy as you need insurance plans. With the market moving into recovery there will be a huge need for supporting the segment whom have lapsed traditional policies and those whom want to restart.. Its gonna be a big year for tunepro... So far seems many investors are buying with the hope of the return of dividends too, which was previously pretty good.... More will buy into q1..
tune protect aggressively hiring staff with heavy high salaries to penetrate their market present. unfortunately , people they hired lack experience. they should go e-insurance
I love tunepro even more now....more on the app... Travel insurance = tunepro, stronger than ever now. In 2 years a bil $ company if they do it right....
AirAsia says over 20 new airlines have joined Super App TheEdge Thu, Oct 28, 2021 12:05pm - 47 minutes
KUALA LUMPUR (Oct 28): AirAsia Group Bhd has partnered with more than 20 airlines as it builds up its Super App into an online travel agency that also sells flights by competitors, the budget airline said on Thursday.
The airlines which have joined airasia Super App as partners include Air Canada, Air France, Bamboo Airways, flydubai, KLM, Qatar Airways, and Philippine Airlines.
AirAsia said the app has more than 700 airline partners and can reach over 3,000 destinations. It partnered Kiwi.com in 2019, a travel tech firm that allows users to build itineraries to combine flights and ground transportation from more than 800 carriers.
The new partnerships come as international travel gradually reopens after more than a year of slump due to the Covid-19 pandemic.
"We see a strong V-shape recovery in the coming months," airasia Super App chief executive officer Amanda Woo said at a briefing.
Woo said the app aims to capture a 30% market share and become the top Southeast Asian online travel agency in five years. It competes with online travel agencies like Agoda and Traveloka.
Through the collaborations, AirAsia will offer travel deals to more destinations outside its network across Europe, Oceania, Africa, the Middle East, and the Americas.
Clear winner for the budget 2022 and for travels... Now part of AAsuper App, the edge weekly featured an article the tune Pro is the biggest beneficiary for travel in the next months..
Steel counters down, gloves past tense, now comes travel insurance and its time for revenue and profit to be driven up.
Tp is 60sen but I believe this counter will leapfrog beyond rm1.
Tunepro supports 20+ airlines and is also one of the largest travel insurance Co in the Middle East. Now part of AA superapp and have driven the other segments to grow equally.
Travel insurance is the new glove rally and as long as Covid is in our society, it would be a norm. Just like latex gloves, previously only oecd economies used it in the healthcare sector but now even poor nations have to use it. New markets open.
Tunepro is really cheap being even less than rm0. 5bil market cap and honestly has so much potential. Easily a 1bil company with some further mgmt focus.
For the next 3 year, tune will beat expectations every year. First by closing above 60sen this year...
lol what potential tunepro has? Covid travel insurance can be a double edged sword, mandatory travel insurance wont be sustainable. Either the Covid situation improves, no more mandatory insurance, or worsen, and loss due to claims. There is like 0 scenario where tunepro can just shake leg and make money.
The Group's operating revenue decreased by RM6.9 million to RM103.8 million in 3Q21 from RM110.7 million in 2Q21. The decrease in operating revenue was mainly resulted from decrease of RM10.3 million in gross earned premium, offset by increase of RM3.4 million in investment income. Profit before tax of the Group decreased by RM20.1 million from RM20.3 million 2Q21 to RM0.2 million in 3Q21. The significant decrease was mainly attributed by an increase of RM12.6 million in fair value losses of investments and a decrease of RM7.4 million in underwriting profits in 3Q21.
Booking of FVL again, should get reversed next qtr with improvement in the investment portfolio and business back on track... Cash position very strong which will drive the value further.
Tune has changed its business activities to Investment. Up and down driven by Investment. Haha. Insurance earnings very little. If want to play travel, go to airport or airlines direct.
I keep adding, confident of the recovery this qtr and beyond. NTA still intact at 76sen and cash flow position better.
Fair value loss to any smart investor is unrealised and a concerned in a down market plus for cash strapped companies. For Tune, its actually not of any concern. Refer to my comments months ago when the booked - 15m and then it reversed quickly the next qtr.
Tune actually made profits this time, and even the fair value write downs were lower... I am ginning for NTA to his 80sen soon...
Fair value will continue to have losses as interest rate is going high. I highlighted the insurance biz is small compared to their reliance on Investment income. If u still want to play this stock, look at interest rate movement.
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS OUTSIDE CLOSED PERIOD TUNE PROTECT GROUP BERHAD
Subject Dealings Outside Closed Period
No Salutation Name Designation Description Of "Others" Designation 1 MR Rohit Chandrasekharan Nambiar Others Group Chief Executive Officer Type of Transaction Acquired Description of "Others" Type of Transaction Date of Transaction 18 Nov 2021 Description of Securities Ordinary Shares
I got to buy some, he also bought..tq those whom sold...
FVL is for quoted instruments and not interest rates. Interest rates are officially published and can be locked in to realization...
Quoted tradable investments are like mutual funds, shares, bonds and other fdir's... You may have to write down your value but at the same time these investments pay dividend or interest on maturity.... Adds to cash and then the company can decide to reinvest into another sector.... Similar to EPF...
Quote instruments is mainly bonds / fixed income. The FV will incur losses when there is a hike in interest rate. I highlighted again the insurance biz is small compared to their reliance on Investment in Fixed income / bonds. If u still want to play this stock, look at interest rate movement.
Fully correct Donny. Bond investments will have losses as rates move up. But the company also lost revenue and underwriting profits ….poor operational showing also. So far just giving story. And moneyshow3 keeps pumping the stock here. I say before also….he is paid PR or managmen of the company. Typical Tony F company - pump and dump
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....
babyqueen
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Posted by babyqueen > 2021-10-08 17:00 | Report Abuse
https://www.itij.com/latest/news/travel-insurance-sales-surpass-pre-pandemic-numbers