Tune Protect Group (Stock Code: 5230) Going In Tune Share Price RM1.62 Target Price RM2.05 Upside +26.5% Current valuation at 12.5x 2017F PE is attractive vs sector’s 15.6x, given Tune Protect’s stronger 2017-18 EPS CAGR of 9.4% and higher ROE of 17.4% vs the industry’s 6.2% and 13.2% respectively. The group is also expected to be better insulated from potential price competition from
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