SumatecGang

SumatecGang | Joined since 2014-07-21

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2014-07-21 22:28 | Report Abuse

These new shareholders of Protasco is not doing their job at all. How they answer to their investors and banks in support of fast moving growth? Ooi invest tens of millions for an orggy organic growth? Why hide behind as non executive director and keep selling shares and let 1 old director driving a Lumbogini like Proton Saga speed? Everybody should sell if a company has only 1 executive director running 1 man show. No governance no fresh blood no future. Learn from Sumatec boss. A PN17 company can also shoot 500% share price up and raise rm1billion, selling oil story. Sold Protasco bet Sumatec better.

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2014-07-21 22:16 | Report Abuse

Price cannot goes up because major shareholder is too slow in doing fast moving corporate deal making. Buying oil field wasted more than 1 year. Fund raising 1 year. Everything also slow, guarantee share price also slow. Switch to Sumatec. Buying even more lousy oil field but very very fast, share price goes very very high, market capital goes very very big, raise very very big money. All shareholders, company, investors and Bursa Malaysia very very happy.