TUNE PROTECT GROUP BERHAD

KLSE (MYR): TUNEPRO (5230)

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Last Price

0.26

Today's Change

-0.005 (1.89%)

Day's Change

0.26 - 0.265

Trading Volume

155,800

Overview

Market Cap

196 Million

NOSH

752 Million

Avg Volume (4 weeks)

549,600

4 Weeks Range

0.25 - 0.315

4 Weeks Price Volatility (%)

15.38%

52 Weeks Range

0.25 - 0.535

52 Weeks Price Volatility (%)

3.51%

Previous Close

0.26

Open

0.265

Bid

0.26 x 82,700

Ask

0.265 x 50,000

Day's Range

0.26 - 0.265

Trading Volume

155,800

Financial Highlight

Latest Quarter | Ann. Date

30-Jun-2022 [#2] | 25-Aug-2022

Next QR | Est. Ann. Date

30-Sep-2022 | 17-Nov-2022

T4Q P/E | EY

-5.35 | -18.71%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

0.71 | 0.37

T4Q NP Margin | ROE

-8.49% | -6.85%

Company Profile

Sector: FINANCIAL SERVICES

Sector: FINANCIAL SERVICES

Subsector: INSURANCE

Subsector: INSURANCE

Description:

Tune Protect Group Bhd is a Malaysia investment holding company that underwrites and reinsures non-life insurance products through its subsidiary companies. The group is organized into five major business segments, investment holding, and others, funds managed through collective investment schemes, general reinsurance, life reinsurance and general insurance business. The company has two general insurance businesses, Tune Insurance Malaysia Berhad as well as an associate company, Tune Insurance Public company Limited, located in Thailand. Both offer a range of products while also underwriting travel businesses in their respective countries. The company generates the majority of its revenue from general insurance business segment.

Discussions
10 people like this. Showing 50 of 4,996 comments

auditorandconsultant

Today people were panic selling because they have not thought out of box after the news about relaxed SOP was announced by Khairy.

You think top management has never anticipated that due to relax SOP, Covid-19 travel insurance might be not mandatory? If you think that way and with narrow mindset, then you should just sell and dump the shares.

Think bigger and aim bigger. If you think Tunepro must rely only on Covid-19 insurance to survive then you should relook Tunepro's victory in the past when there was no such thing called Covid-19 travel insurance.

Furthermore, Travel insurance covering Covid-19 is not mandatory in certain countries only

Moreover, even if insurance covering Covid-19 is not mandatory, it does not directly mean all passengers will choose not to buy the usual travel insurance and Covid-19 travel insurance at all.

And don't forget public awareness is getting higher, I do not see any direct correlation between the relaxed SOP with insurance business

Because if you relooked in the past, when there was no Covid-19, passengers with higher awareness of protection were still buying travel insurance even though it was optional.

With relaxed SOP,it is even better for Tunepro to relook its strategy to capture the existing market and penetrate new market using new and attractive insurance not limited to travel insurance and insurance covering Covid-19.

Many other initiatives could be done.

Think out of box. If not, you are welcome to dump and my group members will prepare to collect on dip.

Thank you in advance.

2022-04-28 02:47

donnybelowski

Haha. Trap. New SOP. No Travel Insurance. No Insurance Income and combined with Loss from Investment. Koyak. Jual.

2022-04-28 08:33

auditorandconsultant

Don't anyhow create panic selling sentiment

You won't succeed

Those who bought this counter know the business well

Come on! Look at precovid

If you said buying travelling insurance is not mandatory then tunepro will not earning any income

Then you should ask yourself, use your logical thinking, then what did tunepro earn during Pre Covid time

Furthermore precovid time was the victorious time for. Tunepro

Don't treat value investors here like 3 year old kid la

Come on...

2022-04-28 12:19

donnybelowski

Simple fact.

Insurance is no longer Core Biz. Investment in Fixed Income now is Core Biz. When Interest rate go up, Value go down which is equivalent to Loss in Investment

Insurance No longer compulsory. Investors bought Tune because of they expect Insurance is compulsory post Covid. Sadly, New SOP, No need Travel Insurance.

Airasia is still struggling for Tune to achieve pre covid time.

Conclusion. Jual.

Someone is panicking. Better sell fast before them, before Insti start selling. Ciao

2022-04-28 15:44

wallstreetrookie

Unusual buying volume: Tune Protect

2022-04-29 15:50

wallstreetrookie

Tune Protect Berhad: Stocks to watch in Q3 2022

2022-04-29 15:55

wallstreetrookie

Investors waiting to access the next earnings result to identify potential turnover opportunities after a year of consecutive losses by Tune Protect Berhad

2022-05-02 12:34

yfchong

Below. 0.40 is a catch. Either full of bloods or good take.

2022-05-02 12:43

Noni

This company make money ?

2022-05-03 11:08

yfchong

Habis lah..............tune pro insurance business what is the game plan now..?

2022-05-04 08:57

yfchong

No ummph.. Flat

2022-05-04 09:23

yfchong

alamak i queue buy 0.395.........................

2022-05-06 08:50

auditorandconsultant

Don't worry about Tunepro

Result will be released on 19 May 2022

So so early and I hope it is a good sign

2022-05-07 14:13

TakeProfits

Insiders selling in Tune ???

2022-05-11 16:13

TakeProfits

Auditor and Consultant... worry insiders are selling....

2022-05-11 16:14

TakeProfits

Wallstreetrookie, from 43c recently to 38.5c...someone is tactically selling slowly. Smart fella, selling slowly...haha

2022-05-12 19:22

auditorandconsultant

I do not understand why all of you are so worried in Tunepro

For me, I will be placing my funds there and won't see price movement at all

Leave it aside for long term value investment

I won't even care even the price move up or down

Just put till end of 2023, you will be rewarded handsomely

I am busy in doing my MnA projects and will not be able to reply any questions here on time.

Have faith in Rohit or else just sell and leave

So easy..

2022-05-17 16:51

TakeProfits

Auditir and Consultant...you are Right right ..Buy good stocks and hold. As get up end 2023 you will be shocked at your rewards

2022-05-18 23:16

TakeProfits

Whattalah Izxul Hakim Tune Protect only liama puloh Sen Saja kah... hehe...ayoh yij

2022-05-18 23:18

TakeProfits

50c.....ayoh

2022-05-18 23:18

shortinvestor77

Loss making again.

2022-05-19 19:39

babyqueen

Expected for this quarter

2022-05-20 06:54

yfchong

no eye see. next Q ?

2022-05-21 08:47

yfchong

apa macam now......still in red

2022-05-23 22:30

freddiehero

macam macam ade..

2022-05-26 20:30

investortrader88

Managed to top up at RM0.38.good luck guys

2022-05-27 10:56

Rambutan9

When did the CEO leave?

2022-06-15 21:18

wsb_investor

Thailand will abolish Thai Pass on 1st July

2022-06-17 15:38

Orson Chin

Advice buy travel insurance and covid insurance before travel …. The fees of covid quarantine and medical are sky-high price in oversea

2022-06-30 17:57

Noni

Airasia going down, this as well. Other platform/banking also offer travel insurance.

2022-07-02 09:27

yfchong

CEo resigns?

2 months ago

babyqueen

Malaysia online critical illness insurance is up on tune protect website.

2 months ago

singkalin

This qtr report, good or bad ???

1 month ago

TechInvestor1

There is so much wrong information here. @wallstreetrookie @yfchong Who said the CEO left? He is very much around

Tune depends less than 5% on Air Asia now why we still connect to them. They grow high

1 month ago

donnybelowski

Ceo left? Negative loss results. Jual.

1 month ago

Malaimuslimgotohell

Post removed.Why?

1 month ago

singkalin

Shit. Now I stuck in here.

1 month ago

Rambutan9

Future looks challenging,rough sea ahead,I have decided to jump boat.

1 month ago

searchingmoney

Titanic version...

1 month ago

yfchong

bila mahu returning to black leh

1 month ago

drkervokian

Hard to turn to black unless they cut cost further. CEO very adamant on digital partnership distribution.

The margins on that channel are razor thin. So the only way to be green is super low cost base like the days of tune insurance pre-IPO.

One small office and fire half of EXCO

3 weeks ago

sheldon

Looks like it's fast becoming a penny stock. I bought for me and my poor sister. What should I tell her?

Their sales team are bums. The only thing of value in this company is the insurance license.

3 weeks ago

Yu_and_Mee

if you are a gambler, sure you know where to find "lights".

3 weeks ago

wsb_investor

It is very true that Tune Protect has no direction. PreCovid TunePro wanted to move away from travel insurance, then during Covid, back top focus on travel insurance, and now wants to focus on health? "lifestyle" insurance that underwrite by TunePro, real cost of 40, markup to 100 to sell to policyholders, where a big portion of profit go to those "fintech" intermediaries. And what? How many of those "fintech" will survive next 3 years?

2 weeks ago

TheGardener

Please sell like no tomorrow or land in Holland! Investment lost like no tomorrow! Impossible to recover in short term!

1 week ago

ValueInvestor2020

Did you hear their roadshow today with RHB. They have zero debt and their capital level is way above required levels by bank negara. They also have less than 5% of their business come from air asia. Many saying comment here dont know their biz

1 week ago

TheGardener

To ValueInvestor2020, please all in! You can have all Holland ticket with you!

1 week ago

Rambutan9

I went in at 41 sen,moved out at 36 sen.Looking back,I am more than happy now.

1 week ago

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