I think PPA1M phase 2 may contribute but would not significant since it is build then sell .

It was highlighted in HLI June report "With the bulk of
payment (88% or RM525m) to be received upon completion"

Got such news? As far as i know, prostaco has secured 3 phases of ppa1m, phase 1 vp on march before raya, the feedback is positive, phase 2 has started contruction and phase 3 under planning. I rather them get contract bandar malaysia, other than ijm and mrcb, prostsco is one of the counters where EPF has increase significant stakes in short period.

when someone announce want to buy, it means they want to sell, else versa if some one want to buy more, there will broadcast sell here...lol

https://paultan.org/2017/07/04/irap-malaysia-report-2017-more-than-95-of-roads-assessed-receive-safety-rating-of-3-stars-and-above/

more job on the way, the IRAP report could help JKR (Protasco's boss) to determine which road need to improve

yes today, but it will take few days to credit into your account subject to the clearance process of your bank.

These are ongoing legal cases, if protasco win the legal case, RM2.00 is possible.

Case 1
Wintoni Group Bhd said a police report has been lodged against its former director Datuk Tey Por Yee whom it alleges may have caused RM53 million to be unaccounted for or misappropriated from the group.

Case 2
On April 7, Ire-Tex Corp Bhd announced that it had taken legal action against Tey as a former director and substantial shareholder for allegedly paying RM11.5 million to Future Rank Sdn Bhd

Case 3
He had been a director and substantial shareholder of Protasco Bhd, which he left following a boardroom tussle and charges of fraud involving RM68 million.

https://www.klsescreener.com/v2/news/view/246429/wintoni-files-police-report-against-ex-director-tey-por-yee

anyone go to try their Harumi chicken? most of the restaurant locate at suburban. the comment in the Facebook got mix respond.

@enchopls you could find the similar post in these 3 companies which are taking legal action against one famous 'former director'

Case 1
Wintoni Group Bhd said a police report has been lodged against its former director Datuk Tey Por Yee whom it alleges may have caused RM53 million to be unaccounted for or misappropriated from the group.

Case 2
On April 7, Ire-Tex Corp Bhd announced that it had taken legal action against Tey as a former director and substantial shareholder for allegedly paying RM11.5 million to Future Rank Sdn Bhd

Case 3
He had been a director and substantial shareholder of Protasco Bhd, which he left following a boardroom tussle and charges of fraud involving RM68 million.

https://www.klsescreener.com/v2/news/view/246429/wintoni-files-police-report-against-ex-director-tey-por-yee

Era of insurtech, burn a lot of CAPEX but does not guarantee success...

not possible to go below 1.00 lah...

notice that Harumi kiosk is under franchise scheme, how about Harumi restaurants, are there operate by DBE directly or through franchise?

@simon2020, RM250k worth share or 250k unit of shares?

yesterday who throw, raise your hand...

Notice that EPF and CKP take turn to support the share, they never trade in same day.....

Not open until next wednesday, the timing of signing is not good,

220,000 worth shares were forced selling in last minute???

not yet give up, think of it the JV is mean for road maintenance for selangor state, since the contract didn't renew so it is fair and wise to give up the subsidiary but retain a certain stake.

no wonder dropped, yesterday announced new contract, today cease to be indirect as an subsidiary of the company which own the contract....speecless

EPF has increases their pace of acquiring...

ponzi scheme, it is still early to said that the business modal is success, cost of maintenance, accident, and robbery case will spike up their operation cost after a while...

still got 20 million worth RCN pending for issue?

hopefully could recover 68million, it will improve the cash flow...

@Daim4u, is it true, so many PLC director blame, and lie to sue one person?

Case 1
Wintoni Group Bhd said a police report has been lodged against its former director Datuk Tey Por Yee whom it alleges may have caused RM53 million to be unaccounted for or misappropriated from the group.

Case 2
On April 7, Ire-Tex Corp Bhd announced that it had taken legal action against Tey as a former director and substantial shareholder for allegedly paying RM11.5 million to Future Rank Sdn Bhd

Case 3
He had been a director and substantial shareholder of Protasco Bhd, which he left following a boardroom tussle and charges of fraud involving RM68 million.

https://www.klsescreener.com/v2/news/view/246429/wintoni-files-police-report-against-ex-director-tey-por-yee

so price will drop 6.7%?

@ Cyber Troops, you guys better get the pay check from your boss asap...

@Daim4u, you bought so little yet make so much noise, condemn CKP left and right, criminal, liar....beside that, your account was newly created and only comments at protasco only, your investment strategy is questionable and your main intention is obvious...since you are pay for comment here, pls be professional a bit....

EPF again, 1.8 million acquired last week, i believe the sell down on Friday is done by EPF also, sold at 1.10-1.12 on last Friday and start acquire now from 1.06-1.07, around 15% contra gain, what a sucker. But for long term, i believe the price will move up gradually due to EPF aggressive buying.

@ychingooi, yes before bonus issued.

Looks like EPF happy accumulating at lower price again.....

@SCfileCKp, purposely created multiple new account just to spam here, what a loser, lost in boardroom, than lost in AGM, other companies holding also making loss. now barking in public forum, please focus in your trial (so far 2 PLS sue your boss), if lose again, you might end up in jail, what a cower and loser.

EPF buy sell buy sell, although buy more than sell, but EPF always dispose whenever price climb higher than accumulate back at lower price. Use our money to earn our money in market, but only pay little dividend...

http://www.thestar.com.my/business/business-news/2017/06/17/eye-on-stock-protasco/

so many cross trade, may be done by EPF also....

maybe EPF throws again....buy 100 sell 50, what game are they playing....

@DroidnPlay, it is obvious, anyone who spare their effort to post and read comments here 101% has interest in this counter. and someone go extreme and created multiple accounts just to badmouth CKP, worst still they even use the same tactic in other stock's public forums, it is really a looser, barking everyone ask for pity, someone betray him, cheat him and blame him. please lah nobody will pity him lah.

@SCfileCKP, how many new accounts you have created just to spam here, i3 pls verify and take action lah,

no wonder KCP and EPF keep buying, and some cyber troop discourage investors to buy this share in public forum, this has allow them EPF or KCP accumulate more at lower price, as a small investor, just hope to earn some small profit from all these drama..lol.

@ngyewchai76, road maiteinance make up 50-60% of their profit.

With the success of PPA1M at lanai, completed ahead schedule and a lot of sactifiction, PM definitely happy to award more project to protasco. Haha

omg!! created another new account again, hope you can claim OT from your boss. he must felt very uneasy until the extend to hire cyber troop spam in stock discussion public forum.

why I3 administrator didn't band them all, so many new account created and make personal attack here in stock forum, other forum like investalk band them long time already. could someone report abuse to i3....

"do you have interest in gaining control and your job back in protasco when you cheat them to buy protasco in exchange to do acquisition?"

such a strong statement from SCfileCKP, so this illegal deal was agreed by both parties, if you have proof, pls submit to SC and police. else it become defamation. btw you indirectly indicate that your bosses was committed a crime, than he deserve to be sued.

@Daim4u, not sure what kind business sense you have, as a substantial shareholder of a PLC, they are responsible to disclose if they have any interest, direct or indirect, in the Proposed Acquisition.

fist in first, do they have any interest in the proposed acquisition, if yes why didn't disclose in the circular statement?

http://www.malaysiastock.biz/Company-Announcement.aspx?id=709977

@limch, i just hope his staff could inform his bosses enough is enough, so many legal action taken by PLC to claim back milliin from him. Hopefully they can settle and return those money for the benefit of shareholder.

I strongly believe that they will use the received money as a dividend pay out, estimsted 10cent. The dividend yield around 7-10%, so not selling now.

@Yaokanhakzan, i'm not represent the whole retail investors, but i believe all of them will vote your bosses out again if another change is given, after read your comment and news(listed below), not easy to get sue by so many PLC.

you are indeed right, i don't understand your 'enterprise value', what is 恩人, what is 嫁祸, i only recognize value in Ringgit.

1) fraud case
A former director of Protasco Bhd was charged in the Ampang Sessions Court today with fraud involving RM68 million, and making a false declaration, four years ago. Datuk Tey Por Yee, 40, claimed trial to both charges.

2) fraud case again
Corrugated packaging services provider Ire-Tex Corp Bhd is taking legal action to claim RM11.5 million from its former director and substantial shareholder Datuk Tey Por Yee.
(please read the complete news from news portal)

@Yaokanhakzan, what is your problem, we do not care about your bosses and CKP, if CKP make mistake and betray your bosses just be it, ask your bosses to request or sue CKP. if the deal is a mistake than just be it, just cancel the deal and recover the money as much as possible.

As an investor what we care most is the company profitability, nothing personal.

@Yaokanhakzan, if your bosses willing to return 100 million to protasco, it will shoot up to RM2.00. it is business, if deal cancelled please return the money. the dispute between your bosses and CKP have nothing to do with us as investors.

Hence don't use the 100million as a hostile, the money is belong to shareholder not your boss and CKP.

@Yaokanhakzan, could you call your both best friend(or bosses) to return the 100 million to Protasco for the benefit of Protasco's investor. Investors are very unhappy with this and hope your friends(bosses) could return the money and close the case peacefully.

2 development outcome which i wish will come true, recover 100 million from Tey since the deal was cancelled in 2015, no reason for them retain the money. Receive 600 million from PPA1M phase 1 as it was VP in March 17. With these 2 contribution, 2017 might achieve 1 billion revenue.

wow, super good new 200million for 3.5 years, around 50 million per year.