RichandRichBudget 2017 is out. Why is this share price not moving up?
HadenanAJailBudget cari wang dari mana? Bukan sendiwara. Contractor government JKR tahun 2005-2015. Ber billion billion pergi mana? Siapa pegawai JKR makan gaji jadi ratusan jutawan? Gajah besar di depan jalan share price boleh pergi mana? Jaga jaga nanti kena pijak bila gajah gelincir yang.
saswordNotorious big sharks manipulating result...bad image counter...
AugusCheongFeiKeiTrap investors with bonus scheme. Account all fake. Manipulate to the extreme every corner. Avoid.
ChongBinHadenanJailChong will support stock price before bonus. He gets so much money after bribe so much, what else stock price, sure will push price before EGM. He got so much money from protasca drawers. After EGM bonus sure goreng stocks.
RHBTraderResearch chart said if close below 1.55, cut lost waiting for 1.40. This stock up side limited. The MD chong afraid TPY gang sell above 1.70. MD also afraid margin call support 1.40. So 1.60 Protasco sell treasury stocks. If market collapse after bonus price 1.20, stop lost is 30% by chart becomes 0.85. Everyone got trap.
When protasco sell, red flag and run.
UobBrokerDates investors should know about this company and question the people behind.
18 October 2016 - Sell and dump 1,325,000 treasury share to open market. http://www.bursamalaysia.com/market/listed-companies/company-announcements/5241693
9 November 2016 - 10.00 a.m. Wednesday, The Function Room, 9th Floor, De Centrum Tower @ De Centrum City, Jalan Ikram-Uniten, 43000 Kajang, Selangor Darul Ehsan. EGM for bonus shares.
Why sell treasury shares and who bought the shares? Potential standard answers: raise capital. Shares sold to public (you and me the joes on the street) Why rush out dividend and sell treasury shares to riase capital, conflicting message to investors? Why share price drop after bonus announcement? Why company sell treasury shares "first" and cause share price drop ahead of 9 November 2016 bonus EGM?
Material litigation confusion. Who are the names from Protasco who sign SPA and do all the due diligence until miss managed the oil projects? Public investors are confused "who represent Protasco" and how come Bursa and SC not giving clear answer to public on directors miss conduct? Putting a blame to brokers and non excutive directors cum substantial shareholders only shows board fight, do not satisfy investors. To clap must have someone inside Protasco lending the hand which involved in this reckless menace. If authorities are fools, what protasco do with the Protasco executive director involved? Who are these Protasco staffs?
Private placement and cash flow. Why company rush out dividend and announce profit and yet announce private placement and sudden sell of treasury shares ahead of bonus? Why company cash position is at historical low while report profits and paid out dividend? Is this intention to dilute public investors? The dividend given compared to drop of share price, actually capital lost is higher than dividend yield. How the company do abiut it? The sudden sell down of treasury shares caused public panic adding pressure to share price. Why selling down before EGM? Wasn't this insider trading? There are 4 quarters of cash flow down and careless accounting practices to reinstate the cash position as per last quarter, causing shock of no confidence of company accounting integrity. Who is company accountant? Why so careless? The company main income is from JKR. Public investors are worried that recent investigation by MACC into public services contracts may involve Protasco. Can company guarantee there is no bribery involved in securing these contracts? Where there any investigations?
JailHadenanSyarikat politik kontrak mana yang tidak ada rasuah? JKR wang rahsia croni croni Tun di jaga Hadenan. Satu hari masih ada Protasco, wang rasuah selamat. Ada Hadenan ada Tun. Dana guling tikar politik pilihan raya tahun depan dari mana? Rasuah itu harus dibenarkan untuk syarikat politik seperti Protasco. Bursa and SC itu boneka harimau tidak bergigi. Cakap banyak pun tidak guna. Wang boleh beli pendapat, hitam boleh jadi putih, yang benar boleh jadi yang salah. Ikut kenyataan politik. Beli saham politik.
KoperasiRasuahHadenan dan Melayu di guna oleh Cina tamak dalam Protasco. Kisah benar sudah diketahui ramai. Tidak faham ke? Kambing hitam sahaja jual kesetiaan sia2 bila bumbung Protasco runtuh. Protasco secara seluruh majority pecat dan lapor MACC siapa yang langgar undang2 sebenarnya. Bukan Tan Sri tapi Dato Seri. Itu satu2 jalan yang pasti dilalui sebelum Protasco masih ada harapan.
68sahamPhew...... Stock price drop to 1.50 and company sell shares before bonus EGM this week for rm2mil also self-run.... Something not right..... Bad sign for TA and FA.... run before sheet hits the roof.....
68sahamSheet..... MACC did announce in The Star going after JKR and many others but not mention if the others include Protasco.... Is this true Protasco not part of investigation....? Is it true there is bribery...? Can the board guarantee to shareholders no bribery and money went under table..... ?
68sahamStock price keep drop is it true MACC is true....? How big is the hole...? Will it affect Protasco asset and affect bonus issue? Bursa already approved, shareholders are safe right....!!?
Moss534Bukan sprm tetapi kecuaian manusia. Ingat chairman terlibat? Tan sri di salah guna bukan terlibat. http://klse.i3investor.com/blogs/pandorareport/98577.jsp
Bogel87Angkara Chong jual beli saham manipulasi pasaran modal. Jual tinggi 1.63 beli 1.50. Semua pelabur di tipu. Bursa mati dah. Si Chong itu sudah di penjara belum? Masuk cepat supaya jangan periksa ahli ahli lembaga Melayu. Chong buat bodoh di kalangan Melayu buat malu semua di perdaya tutup lubang rasuah syarikat protasco. Ini kerana perkara sedemikian tidak sepatutnya dijadikan isu. Lagipun, kalau bukan untuk tolong Chong gelap wang, siapa lagi? Bekas pegawai JKR ini seperti dipetik kes SPRM, punca semua masalah.
Bogel87Di sidang media dan depan pemegang saham tanya Tan Sri Hadenan apa ganjaan untuk tutup bukti rahsuah dan kesalahan Chong Ket Pen. Biar angkat sumpah Protasco tidak terlibat dalam kes rasuah JKR. Angkat sumpah satu tangan pegang Quran sendiri tidak berdosa menipu pelabur saham.
TanKPFunny investors. Price down also complain, chong buy up price also complain. Better sell all shares and go away if don't like protasco. People corruption or not non of your business.
cameraCamHow many spy here. Middle front row who are they? The corner side taking photos. All of you gets it wrong and worry too much. Chong will buy up share price. Just watch.
blowfishesWhy so quite? Bonus shares out when? Shares control by major shareholders. Easy to play up. Buy.
CheongAugus82Tention tention. Own people voting finally success. Lololol
The Directors of Protasco Berhad ("Company") wish to announce that the shareholders of the Company have at the Extraordinary General Meeting ("EGM") held this morning passed the proposed resolution as set out in the Notice of EGM dated 21 October 2016.
The result of the poll in relation to the ordinary resolution on proposed bonus issue is as follows:
1. 122,345,790 shares representing 99.99% voted for the resolution; and
2. 18,000 shares representing 0.01% voted against the resolution.
Messrs. Crowe Horwath was the scrutineer for the counting of votes of this meeting.
So kiasu 122,345,790 votes shows Chong own people necks all out 1 whole basket over 336.849m total shares, or equals 36% total paid up. Just little bit over 32.99% broken GO level. Lololol
CheongAugus82Blowfish your bonus is here. Hold tight tight ya. Lololol
Bonus issue of up to 84,962,172 new ordinary shares of RM0.50 each in Protasco Berhad ("Protasco") ("Protasco Shares") ("Bonus Shares") to be credited as fully paid-up on the basis of one bonus share for every four existing Protasco Shares held as at 5.00 p.m. on 24 November 2016 ("Entitlement Date") ("Entitled Shareholders") ("Bonus Issue")
MACC remands GLC general manager, two contractors over RM10m graft case Published: November 11, 2016 03:14 PM GMT+8
A MACC spokesman said the GM aged 56 had allegedly acted as consultant and was instrumental in the approval of development and infrastructure projects in Putrajaya worth hundreds of million ringgit since 2005. — AFP pic A MACC spokesman said the GM aged 56 had allegedly acted as consultant and was instrumental in the approval of development and infrastructure projects in Putrajaya worth hundreds of million ringgit since 2005. — AFP pic PUTRAJAYA, Nov 11 — A government linked company (GLC) general manager and two contractors have been remanded for five days to facilitate investigations into a power abuse and corruption case involving RM10 million.
The remand order applied by the Malaysian Anti-Corruption Commission was issued by magistrate Nik Isfahanie Tasnim Wan Ab Rahman.
A MACC spokesman said the GM aged 56 had allegedly acted as consultant and was instrumental in the approval of development and infrastructure projects in Putrajaya worth hundreds of million ringgit since 2005.
A MACC investigating team was reported to have detained the suspect at his residence in Seremban at 9.35am yesterday and seized RM30,000 in cash, two vehicles — an Audi TT and a Toyota Hilux, and a Harley Davidson motorcycle.
The suspect reportedly owns nine houses located in Putrajaya, Kuala Lumpur, Cyberjaya and Negri Sembilan, believed to have been bought and paid in cash.
Several bank accounts belonging to the suspect, his wife and children containing about RM2.5 million had also been frozen.
Meanwhile, the two contractors, both aged 51, were detained at midnight at MACC’s headquarters here after giving their statements, said the spokesman.
One, a ‘Datuk’, is the managing director of a company in Ampang and the other is the chief executive officer of a company based in Semenyih, Selangor. — Bernama
Protasco Berhad expects high standard of integrity from all employees. It takes a serious view of any misconduct or wrongdoing of its employees with respect to their obligations for the Group's interests.
This Whistleblowing Policy is established to help employees and other stakeholders to raise their concerns without fear of retaliation on any known and/or suspected misconduct, wrongdoings, corruption, fraud or any other acts as illustrated below.
The Group shall pursue to the fullest extent of the law all acts of wrongdoing. It is advisable that any issues to be raised are current to ensure the availability and access to witnesses and documents.
This Policy is established with the following objectives:-
To enable the employee to raise any concerns of integrity and misconduct in timely and systematic manner;
To protect the employees from reprisal or unfair treatment for disclosing concerns in good faith in accordance with the Policy and;
To develop a culture of accountability, integrity and good governance practices within the Company.
The Board of Protasco Berhad holds the authority to approve this Policy and any amendments thereto;
The Audit Committee of Protasco Berhad is entrusted to review this Policy and any amendments thereto before the Policy is submitted to the Board for approval
The scope of this Policy covers any acts of wrongdoing which is: Unlawful Breach of Protasco Berhad’s rules, regulations, policies and procedures, both expressed and implied Matters to which this disclosure may relate include: Malpractice, impropriety, fraud and embezzlements Misappropriation of funds Bribery Abuse of Power Conflict of interest Criminal breach of trust Illicit and corrupt practices Questionable or improper accounting Misuse of confidential information Acts or omission, which are deemed to be against the interest of the Group, laws, regulations or public policies Breaches of any Group policies or procedures Attempts to deliberately conceal any of the above matter or other acts of wrongdoing. The above list is not exhaustive and the scope should cover any concerns that would be in the Group’s interest that they be addressed, corrected and/or for any other appropriate actions to be taken.
(Setiap satu, si dato sri chong dan tan sri hadenan langgar semua !!??)
Bla bla bla.... lepas tu cerita begini:
Protasco Berhad recognizes that the reporting individual may want to raise a concern in a confidential manner. As such, reports of wrongdoing and information received shall be treated in confidence to the fullest extent possible to protect the identity of the Reporting Individual under the Malaysian Whistleblower Protection Act 2010.
An employee who whistle-blows internally will also be protected against any adverse and detrimental actions for disclosing any improper conduct committed or about to be committed within Protasco Berhad, to the extent reasonably practicable, provided that the disclosure is made in good faith.
Any reports of wrongdoing and/or matter related thereto shall not be disclosed to any party other than those who have a legitimate need to know. This is to prevent damaging the reputation of persons suspected but subsequently found innocent of wrongful conduct, and to protect the Group from potential civil liability.
The Group acknowledges that a Reporting Individual may want to maintain anonymity. However, any anonymous disclosure will not be entertained. Any employee or member of the public who wishes to report improper conduct is required to disclose his/her identity to the Company in order for the Company to accord the necessary protection to him/her. Nonetheless, the Company reserves its rights to investigate into any anonymous disclosure provided that it contains sufficient information for consideration of the Company. Factors to be considered include:- Seriousness of the issues raised Credibility of the issues raised Likelihood of confirming the allegation from an attributable source
Bla bla bla....
Dato sri chong dan tai sri hadenan sudah langgar semua kesalahan terutama rasuah dan salah guna wang syarikat. Kita yang makan gaji cari maut ke lapor diri? SPRM sudah sampai masa jalan kerja cuci binatang binatang berdosa di atas nih.
CkpRunnerGive the old people a break. They sacrify public interest to safe their backside. Nothing wrong. They bribe and took majority project money, and give you some dividend, better than don't give. Robinhood story you never heard? You took dividend and now bonus, you are not good people also what.
ooicyoverall i think this is a good stock..cold-eye also introduced protasco in 2013..1.quite high dividend every year:2015rm90 dividend..2.contracts n projects from government:suke,一个大马房屋..3.expand its businesses..4.diversified businesses like gadang e.g.construction,maintenance,engineering services,education,trading,manufacture n properties in bangi,jb,sabah..5.stay competitive 6.steady earnings
tanJipaiCo eye sold because of corruption and bribery. Integrity and governance issue.
DogholeStock: [PRTASCO]: PROTASCO BHD Nov 3, 2016 03:22 PM | Report Abuse
Sasword Notorious big sharks manipulating result...bad image counter...
After bonus Chong is fabricating quarter 3 accounts to play protasco shares. Sure makes good profit. Buy now and wait for bonus shares. Bursa and Securities Commission cannot do anything when money bought lawyers and brokers kept them busy chasing sparrow while the big elephant ate the whole corn farm.
BiggerShidSo many holes how to cover. Cant cover inside and outside.... SPRM also..... chong ket pen has to push up fast before they got him. Chong paid a lot already, slow them down.
22 nov tuesday ex date. 24 nov fake results out. Sure play. Insider tips. Time to get out when goes up....
BelutSeputehChong ket pen and hadenan will push protasco share price to 1.30 after bonus. His enemy will all sell, then he will collect more shares before xmas. Santa in town early this year. So can buy now.
BiggerShidCost 1.58..... tomorrow chong ket pen will cook up protasco share price before cook up results so as to wash clean bribery money. RHB broker tips...... wake up