why so many court case around Tey?

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.

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.

@Daim4u, AmiaUOB, OneBeltOneRoad, NoDignity, Ranger7

these group are new and only comment in this counter. Are they hire by someone to comment here?

what so many court case around Tey?

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.

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.

back to 52 weeks lower, might break it today...if more projects cancel...GG lo.

@Ranger7, could Lim Kang HO get Bandar Malaysia project? very risky, probably probably Prtasco has a better change to involve in Bandar Malaysia...haha

Peterborough project delay again, would it able to see the light of not........need to change the management.

amazing, so many hater purposely create an account to attack this counter. the price is near to 52 weeks low, a lot of investor lose money on this counter...

@Daim4u, ming to share, who did him rob?

PPA1M putrajaya was extreme successfully, PM even appeared in the event to hand over the keys to owner, around 600 million received will be reflect in 2Q result.

So many non investor make persoanl attack to CKP, most of them are new members and only posted lesser than 5 comments, are those cycber attack initiated by CKP rival?

Notice that PP1MA is build than sell concept, buyerr just need pay 2k to book the unit untill VP, PP1MA phase 1 gross development at 600 Million.

this would become standard, all the awarded contracts cancel also has not impact ....lol

"confident of securing additional new projects in the foreseeable future in view of the fact that the Group has a rich pipeline of several sizable projects currently under bid."

Prtasco is one of the lucky counter selected by Bursar Mid stock scheme, hence it may benefit from the 3 billion budget. the only problem with this counter is the property division and the super high debt ratio. if both of these matters could be mitigate in coming quarter, it may attract a lot of institute due to his good fundamental, election counter, and most importantly good dividend payout.

@Yaokanhakzan, 3 sen dividend expired next week, hence you will get 600 instead of 2k

EPF and CKP just won't stop buying...

PE is dame high 20 (negative), haha

Difficult to growth as illegal online betting has distrup the business and not easy to raid

nobody will attend the AGM which held at Sarawak!!!! lol

@hillsixtynine, the new 11 million share accumulated by EPF should be around 0.95-1.02 price.

this counter not many retail investors, for the past few weeks, 40% of the share were traded by institutes and directors, so minorities are fed up with the drama play by senior management?

EPF buy cheap, now sold back to cock with high price, cock want to privatize??

lol why the conduct AGM at Sarawak instead of KL where there base at......

AGM Venue:
Gunung Gading, Level 4, Tower A, M Hotels, Hock Lee Centre, Jalan Datuk Abang Abdul Rahim, 93450 Kuching, Sarawak

Cockroach only bought 4.4 million share, EPF bought 11.7 millions shares, not sure whether they will continue accumulate the share or not?

if the research house does not mislead by Vivo, than their TP still valid, than maybe the price would fry up again, but

if the research found out that they was mislead by Vivo senior management and revise the TP by excluding that contract, this will raise credibility issue and the price may ....RIP

@Vivo, how much is the amt of project and is it part of the 1.8 billion order book highlighted by research house MIDF?

@Ismylife73, most of the contracts were for house and condo development, 2017 should another tough year for them as many many launch has been defer to TBA...

@Hungryghost, no doubt IRB is in aggressive mode, any PLC maybe their next target, nobody know except the insiders. Apparently EPF emerged as a substantial shareholder in May with 15 million share acquired within a month, so i guess Prtasco is not in IRB list.

The temporary halt of the project is not expected to materially affect the earnings and net assets of Vivocom as Vivocom has other concurrent on-going projects.

just wonder why halted and deferred a project has not impact on the earning? How long the project has been halted and why does not disclose the information until it was reported in the Edge?More question than answer after the announcement.

i am neither support and not support Chong, but be rational, if the share price dropped, the person who lost the most money is the major investor which is him, any 1% dropped would cost him more than a million. As for the politic and conspiracy wide spread on internet, i think both parties (or more parties) are equal 'Dirty', and all of them just work for the bigger Boss.

this is General Election counter, in history the closer to election, the more concession received, because more money will be allocated to states.

unstoppable...

now become contra counter, if win few cents, if you loss than stuck few years...
it is not fun if the up can't last long!!

EPF increase their stake 15 million share in a month, bought average a million share per day...

@Tai KT, you are right only around 1%, not much impact...

@Tai KT, more than 10% new ESOS is too much, your share drop 10% as well, if you have 50k, 5k just gone to director pocket, 10% mean 97million payout to staffs and directors.

around 10% new share added since jan, this is not good practice...

super high debt company.....

just worry about the construction division, the pacific star and mall not doing well, especially the pacific star, keep on delay

company profit drop continually few quarter does not justify the high PE, not making any sense....

try to catch the rebound is no different than gambling, like play big(up) and small(down), if stagnant(draw) will lose the broker fees..:)

FY result would be bad even though if they able to recover in final quarter. i think the upside is limited but downside it unlimited since the PE is incredible high....say say only.

@Tai KT, if average 5.5m per quarter, is it mean Q2 17 earning may lesser than last year corresponding quarter, the share from associate earning is not clear.

btw, energy earning is from the associate right?

@Tai KT, what whould be the estimated profit from energy in 2Q?

No Quater result

all penny stock also trading downward, a lot of investor trapped a high price, those who enter earlier are busy on profit taking!!

just want to ask, what is the share of result associate, why it is so high in 2Q 2016?

@ecelyou, im not asking your investment strategy, long term, short term or contra, nobody care.

with the help with forex gain and 1.3m received from biocon which long over due, only 2million net profit. this indicator that q1 may making loss if exclude the forex gain.....this kind result is suck.

for reverse of impairment, it will not happen until the last 4Q provided they win the case.

@excelyou, the 1q result does not meet your expectation, can consider good?

@her Sin, the 100 million comprised of contract from Malaysia, singapore and china, contract amount are 40M, 20M and the rest from china if my memory serve me right. you can get these information from their website.

oil continue down, could Dnex rebound tomorrow?

why the net profit so low, they have received 1.6 million from biocon, where the money go...
only around 100 million contracts secured till today, last year got 300 million contract, it is a question whether the increase of net margin could achieve higher profit while revenue drop. i still have hope on this before the Q1 result out.....