Read the old news, this one is not green field, that's why investors jump All government contract contractor has to spend money, tens of millions for some industry. This contact is having vvip ticket to get new contract, that is why oil big boys are rushing to get it and Protasco got it. That is what investors jump into it. If such good opportunity and upper hand also gave excuse 2 years left and government cannot fulfill company terms, is truly fake story making. Hello? 2 years is upper hand and reason everybody jump into the news. Government or their policy change? Aren't contractor has to follow what government wants, or government follow what contractor want? If oil companies even spending $100mil going into green field (means don't have the 2 years vvip picket) and got investors excited, now you use this advantage as disadvantage. Make sense? Pay some money get oil expert advise and give better reason. Don't fool the public.

Buy now, is cheap as all owners sold, give bomb to news just to buy back. Investors who sold earlier, now is time to buy.

Owner create story buy and cancel. Sold shares high may buy back cheap now. The excuse used is too fake, and vendor so easy did not ask anything for crappy rationale as if owner = behind the vendor.

Why this oil contract is pre planned and fake? For any government contract the contractor needs to spend money on pre operation to make proposal, show record and feasible, spent $100m for 5 drill hole, before can apply contract. Where got government do upside down? This is talking about fresh green field. What for 2 years left excuse, which is actually upper hand advantage compare to green field? Green field is zero year and fresh application from scratch and big boy oil companies do it. That itself shows the excuse which is supposedly upper hand vvip ticket and extra advantage was twisted as disadvantage and made it an excuse to come in and out just to play shares. Any hardcore oil investors will laugh at this clown show. Bursa should hire oil expert to give independent report.

Also government in crappy country is both opportunity and risk, while policy still can do exception, maybe really can do upside down give contract before work, do fast. After years trying to fool investors until policy change quickly say cannot met term, who's fool? Not owners, owners purposely do this so can pump on news, then dump on news later buy back. Public investors fault buying and selling falling into their trap!

After pump and dump shares made profit, want to close also use better reasoning. Hire expert to proper rationale. Google today is so simple to check notes. Don't fool the public.

Protasco maybe too comfortable in Malaysia abang-adik style easy contracts, all oversea ventures fails for a reason. So keep it that way, lazy investors don't need heart attack. Keep in safe for retirement.

Time being, buy shares now. It's cheap.

Who are the supporters of this government company? The more problem it has the price goes higher. Wasn't this price manipulation without any fundamental? I cut lost some time ago and then bad news came and then price higher than what I sold. Regret I follow instinct.

My old lower KNM is so high now. KNM owner good drama maker. Should have bought it long time ago but I don't believe the story. Now regret.

If you check owner sell the highest price. Good job but better cover the story better. Where got so kind vendor after let PLC eat no need to pay. So fast decision some more. Too one sided raise red flag. As if vendor = owner. Make it more real sound like long discussion with vendor finally both agreed pursue own destiny. Do drama also do it professionally.

Classic story. This is stock market, buy when owner buys, sell when owner sells. Now is low, go buy shares!

Lucky i sold most shares when owner sells but still stuck high price few lots. Owner sold then other directors follow. Market rumor owner do acquisition then share price goes up, after sell share now cancel. Owner sold high price! If owner buys later confirm the rumor. So after news out now is time to buy.

Many PLC does MOU and cancel MOU. This is another one. My guess is right. Many red flag why vendor so kind come and go after PLC free ride? Why vendor did not ask for compensation? Cancel so fast quietly leaving puzzle to market as if its planned. Both buyer and vendor so friendly or one sided? If vendor so easy giving back cash then confirm must be big red flag. If vendor don't give back money or ran away this is also big red flag. Both one night stand don't need meet and talk, so good? Red flag started fast, close also fast. Big Big red flag. Who made decision why no clear reason telling investors potential impact? What if later owner pretends to be clean and for some reason suddenly vendor sue back ask for compensation, or made perfect excuse ran away? Like that can wash hand? Any big lost will be material, unless this is not real transaction. There must be more true answer than simply come and go slip through and go. Is like after eat for free then ran away pay nothing. Time will tell. For now bad news is good news. Thanks to this news time to BUY! If owner did once, will do again, price sure will go up later.

Don't mess means don't buy lo?

ulutrader what is your TP? Finally LA is 14.5 and still going strong. If follow L&G-LA vs L&G, Ire-LA can potential be 1/2 price of Ire or 33. Sure or not?

Anyone convert LA here? LA don't need to convert. Mother will go up a lot until LA so cheap, just buy sell in the market faster.

Which analyst wants to be hero, this is easy ride to tell the truth. Why major owner block LA? They buy or sell? Use value mind and think

Funny investors. Warrant 16 LA 9? Should be Warrant 9 LA 16!

Until all seller sold LA, LA will move up following mother. T3 today maybe mother will be 75, then LA could be 10-12, maybe 15? If mother 80 then LA could be 18-22. LA may buy if break 12, cut lost 9.

So what is today TP? Buy now or sell now?

Time for new high 2.30 today?

http://www.thestar.com.my/Business/Business-News/2014/01/27/Key-growth-drivers-for-IreTex-this-year-New-plant-to-focus-on-packaging-materials-for-solar-panel/
http://www.thestar.com.my/Business/Business-News/2014/04/01/IreTex-gets-sustantial-order-for-solar-packaging-materials-By-DAVID-TAN/