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Give the management team a chance to prove themselves the next few years. It's debt free now; interest rates should gradually come down and property demand would probably increase in the next two years
MCEMENT is the best proxy for the coming construction boom in Johor. Whatever projects are launched and whoever gets the job, cement is needed; and this company is the largest supplier!
Tan, read this article: A newly-merged AirAsia Aviation expects to relaunch flights to Europe by the end of this year, and is looking to expand its network to Africa, North and South America in the longer term. From Flight Global
Interest rate is expected to come down, UK property market is improving; there's a likelihood the management may start launching new projects end of the year or early next year
Another plus element: AAX is expanding aggressively into overseas destinations including Europe; passengers of which are more likely to buy travel insurance. So, be of good cheers and wait for a while; there's silver lining on the horizon!
Another positive factor: the interest rate is coming down, which means bond prices are moving up. TunePro holds quite a lot of bonds; there will be writing back of gains in the near future.
There's light at the end of the tunnel; hold on a little longer; most likely the results will improve for the next few quarters as the travel industry improves gradually.