Protasco Berhad is an investment holding company operates in four segments: Construction Contracts, Engineering Services, Training and Education, and Trading. The road construction and maintenance activities involve construction of new roads, rehabilitation works, road upgrading, and road maintenance. It provides a range of engineering and consultancy services, such as site investigations, laboratory testing, slope studies, traffic studies, product listing, research and development and quality control and assurance. Kuala Lumpur Infrastructure University College offers a range of foundation, diploma, degree and postgraduate programmes. It markets products, such as bitumen, petroleum products, building materials and MAXON paving machine. In October 2011, its wholly owned subsidiary, HCM Engineering Sdn. Bhd, acquired HCM Kasturi Sdn Bhd and Alkatech Sdn Bhd. On October 20, 2011, it wholly owned subsidiary HCM Engineering Sdn. Bhd., acquired 51% interest in Empayar Indera Sdn. Bhd.
Will go to higher price market open by tomorrow morning !!!
Lim Elsonwow... The Edge target price RM 2.90... what are you waiting.. !!! dont miss the Boat !!!!
sephirothMIDF simply give sum of parts TP 2.90 without 20 to 30% discount(the norm)
Joelworth to buy in tomoorrow. Once it exceed Rm2.10 something, it will continue the way to the North -Higher price rm2.35.
sosfinanceA) Catalysts: 1. De Centrum GDV RM10bil (Even at GDV of RM5 billion, it contributes significantly) 2. Construction of low cost housing for the Government (RM500m project) 3. Oil and Gas acquisition of RM70m 4. Recurring road maintenance.
B) Downside risk: Lets say it drop to RM1.60 (DY is about 7.5%, on assumption that dividend is 12sen). At current price of RM1.90, DY is about 6.3%.
C) Analysts projected 2015 profits from RM80m to RM110m. At RM1.90, the market cap is RM630million. Forward PE ranges from 5.7 times to 7.9 times.