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.
林俊松Calvin, I dunno how to express my thanks to u. PM Corp & Tawin really earn me more than 30% within short period of time. Since u mention Protasco is a good & safe stock, then my worry about it r all gone. This counter is gonna earn me more than 30% again. Thank u so so much!
These Are The Reasons Why Protasco Is Now Turning From Good To Better:
1) Protasco Has Major Road Resurfacing Projects From The M'sian Govt. It's Defensive. 2) It Gives Good & Generous Dividends. 3) Best of All Govt Has Just Proposed RM40 Billions For Road Upgrading Throughout M'sia.
I own Protasco Shares once. Wish I had kept them
林俊松Calvin, don't u plan to buy back Protasco? True, dividend yield about 5% exclude special dividend. Good to keep for long term. I can't imagine Protasco price if won those government road upgrading project. Thanks for convincing me that Protasco is a good company to invest. =)
calvintanengLim, yes definitely. I hope to buy some on weakness. Hope price don't run up so fast. Or else I will miss it.
mk88going strong last few days, up and up but expect correction next week before the next upsurge
sosfinanceThey sold their treasury shares 17m @ RM1.47, and a few days back, they did a buy back 1,000 shares @ 1.54. One catalyst besides the road upgrading project is the oil & gas sector, which is suppose to provide growth in earnings in 2014. Some potential in this stocks.