same strategy.....Good opportunity...

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dreamaker Hehe... Buy in for every single cent drop ...
25/11/2014 08:55

I am joining.....

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travoltakeong WHY NOT?...NG IS SO MUCH CHEAPER THAN SOME PN17 COMPANIES.....

NG VALUE FOR MONEY....

I REPEAT:

Posted by travoltakeong > Nov 25, 2014 08:27 AM | Report Abuse X

THE BEST TIME TO COMPETE IS BETWEEN 4.30 PM TO 5.00PM....LET'S DO IT....THE LOWER THE BETTER....NG...VALUE FOR MONEY....
25/11/2014 08:38

@travoltakeong 0.12 and above is peanuts........Joint them at "BUY" road blocks tomorrow.....NG...VALUE FOR MONEY.........
24/11/2014 23:08

Numbers don't lie ........

I am happy : )

Nov 24, 2014 04:01 PM | Report Abuse

0.09 since 11 th November until now......Could be a BUY call signal

Qtr result this week.....Travolta says BOD on Thursday...

travoltakeong......yes I have been observing and doing my research too.....cheers

I feel happy :-)

0.09 since 11 th November until now......Could be a BUY call signal

I feel good :-)

I feel good :-)

looks like ... 0.9...BUY CALL ;-)

he..he...he.. :-)

Stay cool ;-) NG uptrend.....

First target...0.12.......

Uptrend....

My bullets is ready...waiting....

Pity the Protasco minorities - M.A. Wind
Author: Tan KW | Publish date: Sun, 23 Nov 19:34

Sunday, 23 November 2014


Good article from Errol Oh in The Star: "Pity the Protasco minorities, 2 EGMs in 3 days", some snippets (emphasis mine):


This column has argued against the requisitionists’ opacity, and has pointed out that transparency and willingness to engage with minority shareholders will earn goodwill.

The recent developments at Protasco, which calls itself an infrastructure development provider, take us to the other extreme, and it’s equally troubling and frustrating. Here, the problem is not that the principal players are not saying anything. On the contrary, a lot of information is flowing out from both sides, directly and openly or otherwise, but there are so many allegations and counter-allegations of wrongdoings that the minority shareholders can’t be expected to make confident conclusions as to whom they should back.

Lawsuits have been initiated and the saga will probably drag on for many months at least. The EGMs are by no means the final battles, but they’re important because a board seat is a valuable vantage point.

The EGMs are lawful as long as they’re convened and conducted according to the Companies Act’s provisions and the company rules. However, there’s more happening now than those meetings. The brawl has spilled over into the media and the blogosphere, and one wonders how much of this fits the requirement for “full, accurate and timely disclosure”.

Also, there’s little indication that the regulators are at hand to prevent things from going too far. Bursa Malaysia and the Securities Commission may prefer the quiet and subtle way of delivering warnings and gathering facts, but they should also recognise that the unusual events at Protasco offer them a unique opportunity to draw the line between disclosure and negative campaigning. When there’s plenty of mudslinging going on, nobody walks away spotless.


I think this is one of those moments that the regulators and the independent directors of Protasco should step up their game. Sometimes working behind the scene is possible (and may be even preferable), but not in the above case. I think actually a lot of the problems could have been avoided if regulators and/or independent directors had been more active in the first quarter of 2013, almost two years ago. If they had asked the right questions and done independent research then a lot of information would have been gathered.

Please use Google and the keywords "protasco board tussle" to find the many blogs about this case.


"Executive editor Errol Oh is only sure that Chong and Tey can’t both be right."


Correct, and I don't even exclude the possibility that both sides are (at least to some extent) wrong.

The proposed acquisition was always announced as a "non related party transaction" even as recent as August 5, 2014 :





I strongly doubt that was the case.

http://cgmalaysia.blogspot.com/2014/11/pity-protasco-minorities.html


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Nov 23, 2014 07:59 PM | Report Abuse

I was right....panic at Protasco......

read this:

http://klse.i3investor.com/blogs/kianweiaritcles/64709.jsp

Last Friday.....Protasco traded on a very low volume.......Is it down trend......Let's see what will happen to Protasco shares for the next 30 days.....

Nexgram......so far so good ....Didn't hear anything negative .....so far good volume ...Price maintain at 0.09 since 11/11/2014 to 21/11/2014.......Interesting.....

I told you so.....
______________________________________________


Nov 23, 2014 07:59 PM | Report Abuse

I was right....panic at Protasco......

read this:

http://klse.i3investor.com/blogs/kianweiaritcles/64709.jsp

Last Friday.....Protasco traded on a very low volume.......Is it down trend......Let's see what will happen to Protasco shares for the next 30 days.....

Nexgram......so far so good ....Didn't hear anything negative .....so far good volume ...Price maintain at 0.09 since 11/11/2014 to 21/11/2014.......Interesting.....

Given the current price of 0.09, the overall demand for shares of NEXGRAM is increasing..... ;-)

===========================================================

travoltakeong acid test ;- )

hello :-)

Smile always... :-)

Who?....You?

Protasco is BEARISH....

____________________________________________________

Posted by AliceTey > Nov 23, 2014 08:59 PM | Report Abuse

I do...I care about my investment so I research every aspect of the company I put my money in. But you guys seems so lacks of research...

OMG...talking rubbish......you are so desperate....

How much is your losses in Protasco? LOL
______________________________________________________


Posted by AliceTey > Nov 23, 2014 08:02 PM | Report Abuse

Of course not...traded was low because the shares were bought by Dato and his proxies as well as TPY and his proxy as a preparation for the next EGMs...

I was right....panic at Protasco......

read this:

http://klse.i3investor.com/blogs/kianweiaritcles/64709.jsp

Last Friday.....Protasco traded on a very low volume.......Is it down trend......Let's see what will happen to Protasco shares for the next 30 days.....

Nexgram......so far so good ....Didn't hear anything negative .....so far good volume ...Price maintain at 0.09 since 11/11/2014 to 21/11/2014.......Interesting.....

he...he...whatever...

My advise to you.....

Sell protasco.....buy NG
________________________________
AliceTey My final advise: sell nexgram buy protasco...
23/11/2014 18:27

Marina....Ya lorr......NG got no court case.......only Protasco.....LOL

Travolta ...agreed...

There is no police investigation....merely news in the media.....No case....No act to use....

TPY lawyers knows it....Can check with lawmakers...

Protasco knows it...No wonder Protasco's TA bearish....

Big possibility.....

My rationale.....Protasco's chart is very BEARISH.....TA looks scary...

......NG's price at a 30% discount level.....BIG BULL on the way

________________________________________________________________


travoltakeong Highly likely....The case will be thrown out of court by the judge...everything is just talk and talk.....not even a police case...... and the judge also don't know which act to use......

Can check with all law makers....

It is just an ego matter bcoz TPY is a better businessman than Chong...The whole market knows that.......Actually this matter can be settle in Boardroom.....
23/11/2014 17:17

travoltakeong.........strike sense to me......Chong push the Panic button....TPY seems very cool......Protasco forum (acting more like a court) is heavily defending......EGM comming.....No wonder.....

and the police investigation (none so far)

AliceTey......Something is not right.......You seems to be very panic.......If you are really helping Protasco....you should NOT reveal anything in the Blogs....In the court of law........you are actually interrupting the court process.and the police investigation (none so far) ......period...

On the overall scenario....NG is not on the losing side at all...Price share is only 0.09.......NTA 0.13... and cash rich.......many interested party want to BUY NG shares..... .regardless....

Protasco's share price 1.60...imagine if Protasco's price goes to 0.10....kaput....

NGs name won't be mention in court......

Only between directors and the affected companies......period.....

The more you talk the worst it will be for Protasco.....and for Chong.....Good luck....

http://www.thesundaily.my/news/1227235
23/11/2014 16:25

See...You are saying that you agreed with me that ....

Is TPY taking over Protasco?.....Chong seems to Panic....

Protasco seems to panic...... Hostile take over in public listed company is normal...

LOL.....

nice try....

__________________________________________________________________

Cockcroach

I do not see panic in prtasco boss, but seeing panic in tpy.
I see tpy is panic selling nexgram to buy bigger stake in prtasco before the egm on 28 nov, as perhaps he thinks he can convince the minorities with bigger stake
23/11/2014 13:42

Hostile take over in public listed company is normal...

e.g...Guthrie hostile takeover by Malaysian Gov ....20 yrs ago....
__________________________________________________________________

Cockcroach ..
Chong is the founder of prtasco and started the company with humble beginnings until now a large entity. He is now defending and protecting his company's future
23/11/2014 13:09

he..he..he......Protasco seems to panic......

Is TPY taking over Protasco?.....Chong seems to Panic....

HalimS55..your decision....he..he....he..

manmin.........Why you brag....make hundred of thousands in profit.....Look at Noraini...SJ...Strategisst and many large share holders.....they remain cool....because they know....and they have knowledge.......

Why you pening if you don't hold anything?

__________________________________________________

manmin RI apa benda .....stock tak ada power ..........power vision jer ........ siapa mahu ............ngeri ..........turun mcm roket .............naik macam semut ..............beli jer hari2 kena tengok .......ini bukan investment ini pening kepala

up..down....sideline.....up to you to think lah......he...he..he...

@ SJ (if you are reading)......Tunggggggguuuu

I don't give a damn..

------------------------------------------------------

AliceTey They sold shares to nominee, so for intent and purpose they remains the controlling shareholders of nexgram. Of course nexgram is very much involved in the case, for example, www.angloslavic.com is registered under abamon which shares the same address as nexgram. Abamon is a subsidiary of PT Inovisi, which controlled by PT Green Pine. Green Pine's shareholders is a subsidiary of nexgram. See the structure? How nexgram not involved? Even Tey Por Chen's company is a subsidiary of Inovisi.
23/11/2014 11:18

higher......
_______________________

TuaHuat 26 & 28 very close. Wait n see...
23/11/2014 11:14

he...he...he.....

The Accumulation/Distribution Line is trending upward it indicates that the price may follow.

kakisaham ....typo error...0.42....he..he..he...

Strategisst........Long time no hear.....Where are you?????

Oh ya talking about tungguu...where is the fast and furious SJ?.........hmmmm....Accumulating kah?...