7surewin, what is your Elliot projection of the possible highest price for the major wave 5 of Major wave 3. TQ

every one up after 2.0 is also positive to the free warrant

mother at 2.0, free warrant can fetch 50 cts or so, what you think?

high flying yinson, hupseng and super fast dsonic are every investor dreams

market is good, now is best time to make any announcement if there is QA

wow, flying today

huat huat arrrr

look like good support at 1.90 before next step up

all epf contributors are shareholders of mas indirectly

Surewin, what is your chart reading at end of wave 3, then 4 and 5 and time frame too

with RTO this will be the next goreng counter

Azman Yahya was former CEO of Danaharta to revive bad loans and companies after 1997 but he cant run and saved his own company!!!!

now his company is saved by RTO

wow, just one day correction, fly again
see 2.0 today?

profit taking, correction and consolidation is good

expect profit taking today before crossing 2.000000000000000000
huat huat

good show today, after one day correction

fly fly

wow, flying 1.92, soon we are crossing 2.000000

huat huat

hope will cross 2.0 this week. huat huat

go to bursa malaysia.com.my and search at company file

CIRCULAR TO SHAREHOLDERS IN RELATION TO:-
(A) PROPOSED PROVISION OF FINANCIAL ASSISTANCE TO SUN ROCK DEVELOPMENT SDN BHD, A 64%-OWNED SUBSIDIARY OF PROTASCO BERHAD ("PROTASCO")
(B) PROPOSED PRIVATE PLACEMENT OF UP TO 50,000,000 NEW ORDINARY SHARES OF RM0.50 EACH IN PROTASCO ("PROTASCO SHARES") ("PLACEMENT SHARES") TOGETHER WITH UP TO 100,000,000 NEW DETACHABLE WARRANTS ON THE BASIS OF TWO (2) WARRANTS FOR EVERY ONE (1) PLACEMENT SHARE; AND
(C) PROPOSED BONUS ISSUE OF UP TO 33,546,259 FREE WARRANTS ON THE BASIS OF ONE (1) WARRANT FOR EVERY TEN (10) EXISTING PROTASCO SHARES

dragonslayer -check details in bursa website

sure got profit taking one lor
where go share go up in straight line
expect price to go down tmrw
down and consolidate for few days is good

close one eye, take the daughter anytime

still waiting for free warrant too.

huat huat

if big funds are buying 1.90 and 2.0 also no problem

if plain goring and contras, then tough lar

huat huat arrr

join the party and huat huat

your assessment Prt is much better than yinson. can prt price surpass yinson 9 or closer in the future?

Kelvin - what companies with good fundamental and earning is around 1.80? Muhibbah? Yinson?

halopanda, why are you comparing protasco to yinson? higher growth?

last year EPS 0.82, this year with the increase in tariff, eps expected 1.00 per share

PE this year 14.6, next year 12 times if eps 1.00 is achieved

PE of 12 to 15 times is reasonable if earning is visible and there is consistent growth. (compared to other GLCs PE of 15 to 30 times)

the share price only crash when there is a change in fundamental and earning or change in government policy. at the moment none

TNB Q2 and Q3 earnings will be interesting to ascertain the direction of the share price. I think likely to go towards 15.00

Now the average electricity bill of consumers increase 15 to 20 percent monthly. that will reflect interesting profit margin for tnb

From the chartwise look nice, uptrend last 1 year, lately more power

Look at Public Bank shares, walow, uptrend for last 10 years

Lim from Brunai

I think can easily cross 2.00

1.80 huat huat, rm2 coming

http://nexttrade.blogspot.com/2014/03/yeelee-prtasco-two-cup-with-handle.html

Alex chart - 2.15, huat huat

sosfinance, do you have pricing based on Warren Buffet discounted cashflow method. Heard is more accurate than Graham's formula

http://www.theedgemalaysia.com/business-news/280727-midf-research-starts-coverage-on-protasco-target-price-rm290-.html

MIDF target rm2.90. huat huat arrr

Highest TP by a broking firm is RM18.40 and average RM14

from wsj.research

there is a good chance gov may privatize the co. then probably can make few cents

BUYING ON FUNDAMENTALS: SapuraKencana and TNB stocks well up with overseas interest from December 2011 to January 2014
SapuraKencana Petroleum Bhd and Tenaga Nasional Bhd were the top two stocks with the largest increase in foreign ownership as at January this year.

SapuraKencana saw the biggest rise in foreign shareholding after its merger in 2012, followed by TNB as it re-rates amid the power sector restructuring, Maybank Research said.

The research firm said it had monitored the foreign shareholding movements for the stocks under its coverage over two continuous periods — December 2011 to June 2013, when foreigners
were largely net buyers of Malaysian equities, and June 2013 to December 2013/January 2014, when foreigners were net sellers.

Maybank Research explained that by collapsing the two periods together, SapuraKencana recorded the highest foreign shareholding rise of 20.7 percentage points (ppts) as it continuously re-rate after its RM11.85 billion merger.

This was followed by TNB (+17 ppts) amid the restructuring of the power sector, the firm said in its report yesterday.

Others with significant increases were Malayan Banking Bhd (+7.9 ppts), Gamuda Bhd (+6 ppts), AMMB Holdings Bhd (+5.8 ppts), Malaysia Airports Holdings Bhd (+5.5 ppts) and YTL Cement Bhd (+5 ppts).

The reasons for the rise and fall in foreign interest were company- or sector-specific, Maybank Research said.

Despite the shareholding movement, the research firm has maintained SapuraKencana, TNB, Gamuda and AMMB in its “buy” list.

Last week, foreign investors resumed their selldown of Malaysian stocks after making a surprise purchase the week before, MIDF Research said recently.

However, the amount of outflow was relatively insignificant and was well absorbed by local liquidity.

“Foreign portfolio investors sold Malaysian shares in the open market (i.e. excluding offmarket transactions) amounting to RM218.9 million net last week, compared with a net purchase of RM296.2 million in the preceding week,” MIDF Research explained.

Meanwhile, Maybank Research said against net foreign selling in the broader market since June last year, foreign funds continued to pick up TNB and Petronas Chemicals Bhd stocks.

They sold heavily on UMW Holdings Bhd, Gamuda, CIMB Holdings Bhd, UEM Sunrise Bhd and OldTown Bhd.

“Changing portfolio holdings is normal, but what we observed pointed to the obvious, that is, overseas money continued to buy on fundamentals regardless of the direction of fund flows,” it added.

Meanwhile, during the December 2011-June 2013 period, stocks with more than five ppts rise in foreign shareholdings against the two ppts rise in the broader market were SapuraKencana, Gamuda, Maybank, TNB, UMW, Malaysia Airports, UEM Sunrise, Mah Sing Group Bhd, AMMB and Public Bank Bhd.

Stocks with more than five ppts fall and which defied the market trend were Telekom Malaysia Bhd (TM), SP Setia Bhd, Bumi Armada Bhd and KL Kepong Bhd.

During June-December 2013/January 2014 period, stocks with more than five ppts fall in foreign shareholdings versus 1.5 ppts drop in the broader market were UMW, Gamuda, CIMB, UEMS and OldTown.

“TNB saw a more than five ppts rise in foreign shareholding and PetChem a four ppts rise,” Maybank Research said.



Read more: Surge in foreign shareholding - Today's Paper - New Straits Times http://www.nst.com.my/business/todayspaper/surge-in-foreign-shareholding-1.513423#ixzz2wAiS9F6a

http://www.nst.com.my/business/todayspaper/surge-in-foreign-shareholding-1.513423

Foreign Funds increase stake in TNB

TENAGA NASIONAL BHD (TNB)

By Maybank Investment Bank (Maybank IB)

Buy

Target price: RM14


TNB’S cost of gas (both subsidised and liquified natural gas) has been raised under the new tariff regime, resulting in the widening of unit generation costs between coal and gas.

Hence, the generation fuel split would hence become an important driver of TNB’s earnings going forward, said Maybank IB.

It said it was revising earnings for changes in operating assumptions.

Should load factors of coal plants return to their historical peak of 78% in the financial year 2015 or FY15 (it currently assumes 66.5% in FY14 and 70.4% in FY15), it said TNB’s net profit would surpass RM6bil.

Maybank IB raised its target price to RM14 (from RM12.50) as it rolled over its discounted cashflow base year to FY15.

Its target price implies a FY15 price to book of 1.9 times and price-to-earnings ratio of 14.8 times.

http://www.thestar.com.my/Business/Business-News/2014/03/13/TNB-earnings-revised-upward/

up a little also ok lah

the stock looks like can still fly

i guess QA is getting closer, huat huat

going strong last few days, up and up
but expect correction next week before the next upsurge

anything is possible

buy brownfield from Brunei? nice story

huat huat arrr

Lim, you read Brunei Times, staying in Brunei, I guess, so you are considered foreign investor, fuyoh

price consolidation around 11.90 to 12.00, good signs

to make money lor

ai see, never read newspaper

can get the news in newspaper, the Star - every Monday or from bursa website.

huat huat arrr