Hi guys,
As the Name Protasco implies:
Pro - A Penchant For Something
Tas - Tasks (Yes Lots of Tasks. From Road Works to Affordable Housing. From Clean Energy to Education)
Co as in Company
So Protasco is a Company Tasked with Many Jobs, Dirty Down to Earth Hand soiling jobs. All these Tasks have made Protasco what it is today.
1) PROTASCO Has Been In Business for More than 20 Years
A Long History of Road Paving & Maintainence for PLUS, GAMUDA, JKR
2) IT HAS CAPTURED BUSINESS IN EVERY STATE OF WEST MALAYSIA & THE STATE OF SARAWAK (in spite of CMSB also doing Road Maintainence Work in Sarawak)
3) RECENT BAD NEWS ABOUT PROTASCO MANAGEMENT HAS CAUSED A SELL DOWN ON PROTASCO SHARES UNTIL REAL VALUE HAS FINALLY EMERGED
At today closing price of 48.5 sen with NTA of almost 88 sen Protasco is now selling at a nice 45% discount to NTA which is 1.5 times the margin of safety Ben Graham requires
And a check with Protasco's Assets revealed Real Estates bought as long ago as year 2002 with Prices still at Old Book Value
Now let us just peek into One Asset of Protasco (refer AR 2017) Under Properties Owned by Protasco
3. Lot No. P.T. 172, Section 90 Town and District of Kuala Lumpur State of Wilayah Persekutuan. Intermediate four-storey shophouse. 1,760 sq ft. or x4 = 7,040 total sq ft built up
Year bought/value : Rm616,000
AMAZING. PROTASCO BOUGHT THIS 4 STOREY SHOPHOUSE IN KL 16 YEARS AGO FOR ONLY RM616,000
In KL just a 2 storey dwelling house is worth more than Rm700,000 (How can a 4 storey SHOPHOUSE Be worth only Rm616K?)
IF ALL THE ASSETS OF PROTASCO ARE REVALUED AND BROUGHT TO CURRENT MARKET VALUE THEY SHOULD BE
2X, 3X or 4X more?
4) WITH DECADES OF ASSETS BUILT UP TODAY PROTASCO HACE ABOUT RM200 MILLIONS WORTH OF PROPERTY, PLANTS & EQUIPMENT (PPE)
No other single company has Such a Large Assortment of Road Pavers, Rollers & others like Protasco
And Protasco bought them years ago when USD to Rm was about Rm2.40
At USD1 to Rm4.05 all these Equipments are far too expensive to own.
So there is no replacement for Protasco Type of Business as Cost of Barrier to Entry is High & prohibitive
Not only that PLUS, OPUS, PROPEL, GAMUDA, LITRAK & EVEN JKR NEED TO OUT SOURCE JOBS TO PROTASCO
- SO PROTASCO STILL REIGN AS KING OF ROAD MAINTAINENCE & REPARS FOR A VERY LONG TIME TO COME
AND THE JOB AWARDED ARE ALSO FOR MANY YEARS - FROM 7 YEARS TO OVER 10 YEARS ROAD MAINTAINENCE JOBS IN WEST MALAYSIA & SARAWAK
So Protaso like Water Utility (PBA) Stock & Power Stock like YTL Power are Recession Proof
More so as Govt has Scrapped HSR (or postponed HSR & MRT 3 as well
With Only Highways for Transport Protasco will be kept very busy in its MAIN TASK OF KEEPING OUR HIGHWAY SAFE
5) OTHER LATEST DEVELOPMENTS WILL SPUR MORE NEED FOR ROAD REPAIR
A) With Removal of GST There is a Roaring Sales of Cars Made Cheap!!
See the HUGE BOOKINGS
And with PH GOVT ABOLISHING TOLL ROAD CHARGES - EXPECT EVEN MORE PEOPLE TO TRAVEL ON MALAYSIAN HIGHWAYS
ANOTHER BOOST IS FROM eCOMMERCE- EVERY NOOK & CORNER OF MALAYSIAN SME WILL BE REACHED BY LOGISTICS OF LORRIES, VANS, MOTOR BIKES & PICKUP TRUCKS
ALL THESE ADDED TRAFFIC WILL TRASH OUR ROADS & HIGHWAYS MORE AND MORE
SO PROTASCO REALLY GOT LOTS OF TASKS ON HAND.
OTHER TASKS ARE EDUCATION, AFFORDABLE HOUSING, GREEN TECH ENERGY
BUT ABOVE ALL CALVIN LIKES PROTASCO FOR ITS GREAT DIVIDENDS
EVERY YEAR WITHOUT FAIL PROTASCO HAS BEEN GIVING OUT GOOD DIVIDENDS
SEE
With 5.5% dividend for year 2018 at Current Price of 48.5 sen
PROTASCO'S DIVIDEND IS A WHOPPING 11.3%
DR NEOH SOON KEAN SAID DURING CRISIS THE SUPPORT OF A DIVIDEND PAYING SHARE IS ABOUT 12% BENCHMARK
SO PROTASCO WON'T FALL MUCH FROM HERE ONWARD
BEST REGARDS
Calvin Tan Research
Please buy/sell after doing your own due diligence.
Chart | Stock Name | Last | Change | Volume |
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the make loss in last quarter and expecting loss in current quarter, i believe no dividend moving forward...
road maintenance is doing very well, but expect new gov will skew the margin, the infrastructure and property are making loss few quarter already, launching of their property is delay since 2017 until today...but ckp son still happily collect handsome salary, their 2 years mall also making loss....
2018-06-28 01:40
Go check up Protasco 15 years history from years 2003 till 2018
There were bad quarters and even bad years. Yet Protasco maintain consistent dividends throughout those 15 years history.
Road maintainence projects with Perak, Trengganu, Federal Roads and Sarawak are locked in long terms of 7 years to more than 12 years stretch.
And these give gradual and consistent revenue and profits. PH Govt might or might not give future new projects. For that is still a guess.
What we know for sure is this:
1) PROTASCO HAS LOCKED IN REVENUE FOR MANY YEARS
2) THERE ARE NO COMPETITOR IN SIGHT AS COST OF ENTRY IS HIGH. THE JOB IS HANDS ON DIRTY WORK THAT FEW WANT TO DO.
3) PLUS, OPUS, PROPEL, GAMUDA, LITRAK AND EVEN JKR OUT SOURCE JOBS TO PROTASCO
4) SCRAPPING OF HSR AND FUTURE MRT MEAN MORE USAGE OF HIGHWAYS
5) TUN DR M LOVE OF CARS WILL SPUR MORE MANUFACTURES AND SALE OF CARS. CARS NEED ROADS TO DRIVE ON.
6) ECOMMERCE WILL ENCOURAGE MORE USE OF LOGISTIC TRANSPORT LIKE LORRIES AND VANS. ADDING MORE WEAR AND TEAR FOR ROADS AND HIGHWAYS
7) ALL THE BAD NEWS ABOUT CKP AND HIS SON ARE ALREADY REFLECTED IN THE CURRENT BOMBED OUT PRICE OF PROTASCO.
AND 11.3% DIVIDENDS PROVIDE SOLID SUPPORT.
SO THE DOWNSIDE IS LIMITED. THE DIVIDENDS KEEP THIS STOCK ATTRACTIVE.
OTHER BUSINESSES ARE EXTRA BONUS BUT THE MAIN EARNING STREAM IS FROM ROAD PAVING AND MAINTAINENCE WHICH ARE HIGHLY DEFENSIVE LIKE WATER AND ELECTRIC UTILITIES
2018-06-28 01:56
Good morning,
The Chinese word
Crisis is a compound of 2 words
1. Ngai which means danger
2. Khay meaning opportunity
THE POLITICAL RUMOUR AND FEAR OF CKP TRIGGER A SELL DOWN THAT IS OVERDONE.
THE BISINESS OF ROAD BUILDING AND UPKEEP CONTINUES AS LONG AS MALAYSIANS LOVE THEIR CARS. SO THERE IS A FUTURE FOR PROTASCO.
JUST LIKE CALVIN CALLED FOR A BUY ON SUPERMAX AT ONLY RM1.60 DUE TO STANLEY'S LIABILITY AND POLITICAL DISCOUNT. SEE HOW SUPERMAX FINALLY CROSSED RM3.20 FOR MORE THAN 100% UPSIDE.
EVEN KFC WAS ONCE CONTROLLED BY GANGSTERS UNTIL QSR AND IN TURN JCORP TOOK IT PRIVATE.
SO ON ITS OWN PROTASCO IS A GREAT COMPANY NOTWITHSTANDING THE PURPORTED RUMOUR OF ITS LEADERS.
SEE BEYOND THE NOW INTO THE FUTURE.
2018-06-28 08:59
TO FEARFUL WHEN OTHERS ARE GREEDILY BUYING AND TO BE GREEDY WHEN OTHERS ARE FEARFULLY SELLING
1. JAKS.
WHEN JAKS WAS 40 SEN AND OTHERS ARE FEARFULLY SELLING ONLY CALVIN WAS GREEDY. JAKS ABOVE RM1.60 AND ALL TURNED GREEDY. THEN CALVIN TURNED FEARFUL
2. MALTON AT 30 SEN
WHEN MALTON WAS AT 30 SEN PEOPLE SAID DITECTOR PAID HIMSELF MILLIONS WHILE GIVING PEANUT TO SHARE HOLDERS.
CALVIN BOUGHT BECAUSE HE SAW PAVILION BEING BUILT AT THE FORMER BBGS GIRL SCHOOL IN BKT BINTANG
MALTON LATER UP 300%. ONLY THEN PEOPLE TURNED BULLISH BUT TOO LATE!!
3. Pm Corp at 9 sen
When Pm Corp was 9 sen people said KKP sold his assets in Malaysia and bought hotels in UK.
So Calvin bought when nobody wanted.
One day Pm Corp jumped to 36 sen and up 300%
LISTEN LISTEN LISTEN!!!
TIME TO BUY IS WHEN OTHERS ARE FEARFUL
TO BE FEARFUL WHEN OTHERS ARE GREEDY. AND TO BE GREEDY WHEN OTHERS ARE FEARFUL
WHO SAID THESE WORDS?
HOW COME SO CONTRADICTORY TO HUMAN NATURE?
99% of the people get greedy and buy when prices are high
99% of the people turns fearful when prices have crashed and are low.
So human Nature tells you to chase high and sell low?
No wonder that 90% of the people end up losing money in the stock market.
2018-06-28 10:41
If Calvintan really bought in Protasco, he sure will be homeless soon.
But anyway, i think he just talk cocks only, not really mean he will buy in. He just recommend holland stocks.
2018-06-28 10:48
KINGV
Calvintaneng,
I am collecting Protasco at current levels since the company has earlier this year secured several road maintenance and repair agreements. Moreover this company in the past has been giving out very decent dividends quite consistently and I hope the company will be able to continue to do so. Sometimes it is guts instinct just like recently when I bought YTLpower at below 80sen. Hopefully I am right with respect to Protasco.
27/06/2018 23:58
calvintaneng KINGV
V Good
How come we think alike. I bought YTL Power at Rm1.20. When YTL Power crashed to 75 sen i bought more to average down my cost.
And you are right on Protasco. I think Sifu Dr Neoh of Dynaquest first recommended Protasco because its its great dividend payout.
Now due to people spreading fear there is a sell down.
And in times of fear when prices are fearfully sold down it opens up an opportunity to buy cheap.
To be fearful when others are greedily buying Hengyuan at Rm19 or chasing Masteel at Rm1.90. And to be greedy when others are fearfully selling Protasco at 48 sen
So happy now!
28/06/2018 09:25
2018-06-28 11:06
Don't you understand as a figure of speech?
Tom, Dick and Harry should learn hor?
2018-06-28 12:17
No retard.
BUT REALLY HAPPY HAPPY HAPPY TO BUY WHEN CHEAP!!!
Ho ho ho!!!
2018-06-28 12:29
Here you go. See you in Jan 2019. Bye bye.
See the dead end if Sticky HIV canser like CKP still there. Diff between research house and street fighter research. Good try but no thanks. I check your “value call”. Here is the ending.
MPCorp asset 1billion. Buy call from 30c now 3c and delisted.
Protasco asset 300mil minus debt. Buy call 1.60 by investment bank. Now 48c. Calvin starts buy call. See you at 5c delisting.
MPCorp same as Protasco. Crook problem, asset is fine. Will end like crook. My 2c bonus for you all.
Go for good management company. Plenty below 50% asset value.
2018-06-28 12:45
Hahahaha. Calvin MPCorp just send few ikan bilis flush down toilet hole and stucked. So must find a new toilet.
davidkkw79 If Calvintan really bought in Protasco, he sure will be homeless soon.
But anyway, i think he just talk cocks only, not really mean he will buy in. He just recommend holland stocks.
28/06/2018 10:48
2018-06-28 12:48
Posted by HIVinside > Jun 28, 2018 12:45 PM | Report Abuse
Go for good management company. Plenty below 50% asset value.
YOU SO CLEVER?
NAME SOME GOOD MANAGEMENT CO SELLING AT 50% DISCOUNT BELOW ASSET VALUE HERE NOW
2018-06-28 12:49
ATTENTION PLEASE
SO MANY SO CLEVER PEOPLE AROUND?
PLEASE POST SOME GOOD SUGGESTIONS ABOUT YOUR GOOD SHARES YOU THINK BETTER THAN WHAT CALVIN POSTED
OK POST NOW!!!
ALL SOOOOOOO CLEVER!!!!
2018-06-28 12:52
Hahaha. Childish.
Same category basket. Lower NTA discount:
AZRB, MITRA, YTLLand, SEACERA, exclude Protasco.
Protasco NTA will be 30c when sheeet hits ceiling. Insider director said so since price 90c. 1 director resigned. Oppsi. “Retired” wor. Thats why insiders keep selling back to crook CKP.
All half cook, but below 50% NTA. Happy betting.
2018-06-28 13:29
HIVinside
Hahaha. Childish.
Same category basket. Lower NTA discount:
AZRB, MITRA, YTLLand, SEACERA,
AZRB GOOD
MITRA? THESE PEOPLE ASKED FOR UNDER TABLE MONEY LAST TIME WHEN i BOUGHT THEIR COM VEHICLES. SO JUST BE CAREFUL HOR?
YTLLAND?
GOOD PEOPLE
SEACERA
THIS CON MAN COMPANY REVALUE ASSETS. BOOK THEM AS PROFITS. THEN GIVE BONUS TO TRAP SORCHAI. BETTER AVOID
OF ALL 4 NOT ONE CAN BEAT PROTASCO FOR ITS 11.3% SUPERIOR DIVIDEND
PROTASCO ALSO GOT RECESSION PROOF ROAD MAINTAINENCE PROJECT
YOU MUST REMEMBER THAT DURING THE GREAT US DEPRESSION OF 1929 TO 1939
WHEN EVERYTHING COLLAPSED ONLY UTILITY STOCKS DID OK
FOR ROAD & MAINTAINENCE WORKS THESE DO SUPREMELY WELL.
2018-06-28 13:58
25 Ways People Earned Money During The Great Depression
6. Road work
SEE
https://thesurvivalmom.com/25-ways-people-earned-money-great-depression/
2018-06-28 14:02
REMEMBER THESE 2 SIFU
WARREN BUFFET BOUGHT INTO PREFERENCE SHARES OF GOLDMAN SACHS DURING SUBPRIME CRISIS BECAUSE HE WAS ASSURED 10% DIVIDEND
NOW PROTASCO IS GIVING 11.3% YIELD
JOHN MAYNARD KEYNES SURVIDED THE GREAT DEPRESSION BY BUYING DIVIDEND PAYING RECESSION PROOF STOCKS
AND ROADS AND ROAD MAINTAINANCE ARE RECESSION PROOF
2018-06-28 14:21
nuder the new government austerity budget, road maintenance job will be reduce, and no sign of recover in property industry, the Bangi development will continue making loss.....this is the risk.
this CKP likes dividend, he go until the extend to load money to pay dividend....
another challenge is the Putrajaya PRIMA development phase 2 and 3 phase which is under construction....all are under Najib, Najib even appear to hand over key when phase 1 VP, CKP damn proud, these projects are causing company bloody due to collection and delay issue...given that Najib no longer in power, not sure what would be next...more loss i reckon
2018-06-28 17:15
nuder the new government austerity budget, road maintenance job will be reduce, and no sign of recover in property industry, the Bangi development will continue making loss.....this is the risk.
this CKP likes dividend, he go until the extend to loan money to pay dividend....
another challenge is the Putrajaya PRIMA development phase 2 and 3 phase which is under construction....all are under Najib, Najib even appear to hand over key when phase 1 VP, CKP damn proud, these projects are causing company bloody due to collection and delay issue...given that Najib no longer in power, not sure what would be next...more loss i reckon
2018-06-28 17:16
just share the fact about this company, i am not sure whether the price would up or down.
2018-06-28 17:19
not again calvin...keeo promoting...should we file a complaint to SC regarding this ?
2018-06-28 17:22
u gonna bring many people to Holland la. I know the co owner himself, after election this co gg liao, no future ahead, will burn through cash balances fast after this. Machinery all too old and worth nothing. can delist in a few years.
2018-06-28 17:48
Road bumpy ahead. Thats all we know. The ppa1m rubbish killed the company. CKP secret taking big salary millions per year we all know. He orders not to pay labors and cheat in over time pays we also know. His directors all bribed and keep quite let him steal money, we also know. We down here cannot do anything.
Spend so much on Najib we heard and now loss. Job getting less and claims not sure. I review or freeze after new government people hungry, sure will be hungry, we also dont know how much bank will lend to CKP to keep paying dividend to himself. Nothing benefit the staff and we don’t care.
Any investor if look for dividend AND share price stays “higher” than dividend discount, good luck. Our directors all got con at high price. Salary all gone, share value also gone, dividend cannot cover even 20% of capital loss.
That’s the whole issue. The CKP greedy guy. We no eye see.
Your sifu Buffet is taking “preference shares”. If got criminal like CKP, Buffet “take back principle money” and don’t exercise Pref Shares. Safe.
CKP let you buy fake shares and share price goes down more than dividend. Borrow so much, matter of years if he still there sure close shop. If he issue Pref Shares maybe can bet 50/50. If shares, then I better bet World Cup. Higher chances.
calvintaneng REMEMBER THESE 2 SIFU
WARREN BUFFET BOUGHT INTO PREFERENCE SHARES OF GOLDMAN SACHS DURING SUBPRIME CRISIS BECAUSE HE WAS ASSURED 10% DIVIDEND
NOW PROTASCO IS GIVING 11.3% YIELD
JOHN MAYNARD KEYNES SURVIDED THE GREAT DEPRESSION BY BUYING DIVIDEND PAYING RECESSION PROOF STOCKS
AND ROADS AND ROAD MAINTAINANCE ARE RECESSION PROOF
28/06/2018 14:21
2018-06-28 18:45
More advance analysis for you calvin guy.
This is what CKP did.
Past record:
Dividend 2014-2018 say total 30c
Share drop 80c
(Tips: look at loan and cash flow. Borrow to pay, you also can sit his place.)
Future:
IF dividend still 5c per year.
AND income -ve cash flow
AND CKP still stealing millions salary
AND CKP sons and directors still stealing millions salary
AND still borrow more bank to pay dividend
ASSUME new gov don’t go after road project stolen money.
Share price (5 yrs under new gov)
2019 maybe 48 - 5c = 43c if lucky
2020 maybe 43c - 5c = 38c if lucky
.......
2024 maybe 23c left.
If:
ASSUME new gov hungry take back 200mil or 300mil stolen money from Protasco road maintenance, maybe if lucky still got 5c left.
So “dividend” if lucky maybe you get back 23c. If not lucky get back 5c.
The TP of 5c is very achievable. Hopefully can short sell. “Chances” is higher to profit from short. Calvin, you go lobby new gov to allow short sale. Higher chance won’t bring people to Holland.
2018-06-28 19:12
So clever deduction?
So were anbz, sang jero, mikekong55, hjey and tigershark who spoke bad stuff about Pm Corp and how bad Kkp of Mui Group.
I called for a buy on Pm Corp when it was 15 sen on Dec 20th 2013.
Finally to the confusion and confounding of all... Pm Corp gave a nice 8 sen cash payout.
Where are anbz, sangjero and other critics now?
So let us SEE how Protasco perform. Only time will tell.
Better make sure you survive in i3 Forum and don't disappear ok?
2018-06-28 21:09
GOOD MORNING
WHEN SUPERMAX COLLAPSED TO RM1.60 DUE TO STANLEY'S POLITICAL MIS STEPS CALVIN & BUDDIES LOADED UP. SEE HOW SUPERMAX NOW CROSSED RM4.00?
SO CKP BAD PUBLICITY CAUSED A COLLAPSE OF PROTASCO SHARE PRICE BELOW 50 SEN. SO CALVIN & BUDDIES ARE LOADING UP ON PROTASCO
THIS IS CALLED
"PROSPECTING IN BAD NEWS"
THE BEST OF TIME TO BUY IS AT THE "WORST OF THE VERY BAD NEWS"!!!
DURING 911 PLANE CRASH IN NEW YORK TWIN TOWERS - ALL AIRLINE SHARES COLLAPSED
SIA (SINGAPORE AIRLINE) CRASHED FROM RM15.00 TO LESS THAN RM7.50 (50% WIPED OFF) AND THAT WAS THE BEST OF TIME TO BUY SIA
WHO KNOWS?
ONE DAY - PROTASCO WILL TURN BACK INTO "THE MISS UNIVERSE" STOCK OF BURSA AGAIN?
2018-06-29 10:26
deMusangking
Cheap tiket to holland
29/06/2018 17:38
You should rephrase it correctly
deMusangking bought hengyuan at Rm19 now gone to holland
2018-06-29 21:13
Stock: [PRTASCO]: PROTASCO BHD
Jun 28, 2018 01:05 PM | Report Abuse
How come got tunnel vision?
You only see Mp Corp?
Got see
Jaks at 40 sen?
Prestar at 46 sen?
Padini at Rm1.60?
Supermax at Rm1.60?
Gsb at 9 sen?
Opcom at 35 sen?
Tmakmur at Rm1.38?
TheStore at Rn2 50?
Wangzng at 75 sen?
Super Enterprize at rm1.25?
Kulim at Rm2.50?
Waseong at 72 sen?
Pm Corp at 7 sen(ex cash 8 sen)
Pohuat at 35 sen (after bonus)?
You can see like a mole or you can see like an eagle
Which one?
2018-06-29 21:17
Berita utama:
https://www.nst.com.my/news/exclusive/2018/06/385360/exclusive-900-accounts-linked-1mdb-frozen
2018-06-30 07:30
Don't worry.
Protasco never take any money from 1MDB
It could be the other way round
If 1MDB have taken money from Protasco --- then let shareholders sue 1MDB and get all the monies back
Another good news are
1) Without GST all Car Com getting roaring sales. So Protasco service will be needed
2) Tun Dr M might let Malaysia Jv with Indonesia to revive "THE ASEAN CAR" So many more cars on the road means more business for road maintainance for Protasco
2018-06-30 11:17
Interesting points.
In short. You meant you don’t need to pay CKP 4 million ringgit a year pay package to borrow money and pays another 6 million ringgit dividend to himself. Toilet cleaner also can do same job.
Clear criminal trail. SC need criminal expert, not accountants to put these people behind bar. Lolol.
RoadcareStaff More advance analysis for you calvin guy.
This is what CKP did.
Past record:
Dividend 2014-2018 say total 30c
Share drop 80c
(Tips: look at loan and cash flow. Borrow to pay, you also can sit his place.)
Future:
IF dividend still 5c per year.
AND income -ve cash flow
AND CKP still stealing millions salary
AND CKP sons and directors still stealing millions salary
AND still borrow more bank to pay dividend
ASSUME new gov don’t go after road project stolen money.
Share price (5 yrs under new gov)
2019 maybe 48 - 5c = 43c if lucky
2020 maybe 43c - 5c = 38c if lucky
.......
2024 maybe 23c left.
2018-06-30 16:51
FANTASTIC NEWS FOR PRTASCO
AMAZON TELLS PEOPLE TO START TRUCKING COMPANY AND DELIVER GOODS DIRECT FROM WAREHOUSES TO HOMES
WHEN THIS HIT MALAYSIA
MANY ROADS AND HIGHWAYS WILL NEED MORE MAINTAINANCE DUE TO WEAR & TEAR
GREAT FOR PROTASCO!!!
SEE VERY CAREFULLY
https://truefeedzz.com/amazon-says-this-business-opportunity-could-mak...
2018-06-30 17:02
Disgruntled staff or disappointed investors whatever. Let them be.
Years back KFC was in the hands of gangster.
KFC was good but management bad. So?
So finally taken over by QSR. And JCorp took it private.
DON'T BE SURPRISED THAT PH GOVT ALSO TAKE PROTASCO PRIVATE.
ROADS ARE LIKE BLOOD VESSELS OF A BODY.
WITHOUT ROADS MALAYSIA WILL JUST COLLAPSE LIKE A HEART ATTACK.
SO THE BUSINESS OF PROTASCO WILL CONTINUE.
IF SHAREHOLDERS NOT HAPPY THEN GO AND VOTE IN AGM OR FILE COMPLAINT WITH EC.
TUN DR M SAID MALAYSIA NOW UNDER RULE OF LAW.
2018-07-01 14:36
Chong ket pen dead already? Oh not yet. Then protasco gone case.
This new post is factual and speaks for itself. You buy some shares and report to SPRM save your country ya. Everyone will support you when the culprit put behind bar replaced by you.
https://klse.i3investor.com/blogs/refreshcountry/163565.jsp
2018-07-03 14:58
Its coming!!! najib captured and charged. 900 UMNO accounts frozen. Cronies next.
http://klse.i3investor.com/m/blog/corruptionsweep/163937.jsp
2018-07-04 13:25
calvintaneng
Dividend provides a 'floor' for shares during bear markets. DR NEOH SOON KEAN
Stock markets of the world, especially the Malaysian/Singaporean market is not readily predictable. They can collapse so easily into a 'bear pit' with little warning. If we wished to protect our hard earned capital, we must be defensive in our investment approach. One of the best defense is to buy shares with reasonable dividend yield (i.e. a yield of between 1/2 of deposit interest rate). If we buy a share because it pays a reasonable dividend, our loss is likely to be small even during periods of sharp market decline.
For example, we can buy a share which pays 30 cents dividend at Rm5.00 a share and this gives us a dividend yield of 6 per cent. If the share market goes into a sharp decline, the amount this share can fall to is limited by the fact that it pays a 30 cents dividend. If the price is to fall to as low as Rm3.00, it will be giving a dividend yield of 10 per cent which is about as good as what one can get from fixed deposit but with the additional opportunity to capital gain thrown in.
Most people can see that at that price, the share is probably a good bargain and it is therefore unlikely to fall any lower. It has been my experience that with the exception of mining counters, a dividend yield of 12 per cent seems to be the floor below which most stocks will not drop. In sharp contrast, shares which pay low or no dividend at all do not seem to have any bottom and price decline can hit 90 per cent or more.
2018-06-28 01:18