Bonus unlikely. Share split may be, since it is a RM1/= share.

in civil suits of this nature, getting judgement is one thing, getting the compensation awarded is quite another.

kk123: that's right. Thats why Chong has to explain and may be sued for failure to safeguard Protasco's interest.

Protasco is suing TPY and Ooi. They should also consider suing MD Chong, who executed the deal. I think Chong has far more to answer than anybody else.

Most forummers on this thread thought the worse case scenario was the default in the repayment of the money. Now it is far worse than that. Also, how come that TPY and OKA were on the board of PTASU was not known to the Protasco, unless its MD, Chong Kah Kiat was sleeping, or something worse than that.

investing in stocks n shares is not a zero sum game. but having loose or no rules to stop companies not in compliance with accounting and other standards to list their shares in klse leading to losses to local investers is quite another problem. most of the chinese cos listed here are suspects in this regard. thats why the good red chips are not here.

with due respect to klse, it can only handle the tiny ones. among those listed here include some with dubious accounting practice and would not have been accepted for listing in any other stock exchanges.

so kyy did a pump & dump on jt and in the process took a lot of people to hor lan.

but it should be noted that there is a witholding tax to be paid on the distribution received from earnings of a reit. In most cases it is 10%.

The O&G deal lapsed on 28 July 2014. Announcement made on 4 August 2014. Deposit of RM50 million supposed to be repaid 14 days after deal lapsed, ie 11 August 2014 and is now 28 days overdue. So far no announcement. What the hell is going on?

The O&G deal has been called off but NOT resolved yet. It is only considered resolved when the RM50 million is fully recovered. Certainly hope that there will be no issue here, but do not bet on it.

there is more than one.

When the new SD was created a few years, there were indications that the non plantation businesses would be divested or listed separately. This process has off and on been talked about but nothing concrete has happened. SD has too many businesses and it does not appear that it is capable to manage them adequately, and what happened to the oil & gas business is an example. There is a lot of value hidden in the non plantation businesses and the earlier SD is re-organised the better it is for all the stakeholders.

Very true. So much so that the integrity of the postings in this forum is now questionable.

anbz, please state the source of the info on shale gas.

Protasco cannot be compared with coastal. Coastal sticks to its core business and do very well in it whereas Protasco is like a loose cannon, trying to get involved in several businesses, including O&G which is a highly speculative and riddled with corruption.

This co is one big fat zero.

The issue of ICUL and warrant is long overdue. They should work much faster.

mas should buy over cathay pac and/or sia to solve its problems, bcos these 2 airlines how to do the airline business.

Could there be some force selling, since volume quite heavy.

At last there is someone telling us something many are suspicious but
have no proof of : that some of the research reports are so biased that they are worst than rubbish. These biased reports are in fact poisonous. This does not happen just in India where the writer resides but throughout the world where there is an active stock market. In malaysia, investor must study all research reports, weigh its comments and recommendations before putting any money in any counter. It's a sad state of affairs but it is real.

The deal to buy into OG company is so one sided that it is unbelievable. If the money paid cannot be recovered within the stipulated time frame, the whole board of directors should be made to pay.

Kukuman, please do that !

SC should look into this case.

learn to be wise, its more important in life than being smart.

The management is disgracefully incompetent.

Be extra careful when directors trade in their own shares. I also wonder if these directors should continue to serve in the company.

I think most reits will report poor results from now on, reflecting the oversupply situation in commercial buildings and increase in interest rate.

full of wisdom.

If TF were to run MAS, he would turn it into a budget airline, where service is unmentionable.

so Sabah is not just the land of political frogs, there are also a lot of corporate cowboys having a shoot out in the klsc.

sd is one big disappointment.

its easy to be no.1 in size by just buying up, using tax payers' money. but they dont aim to be the best, because they do not know how.

I do not disagree with your comments. my earlier post is meant to caution those who may be carried away by the many rosy comments too frequently appearing in this and other forums.

arv18: agree with your point 1). but with regard to 2) one has to be careful to interpret what some bloggers' posts, as they are either rubbish or calculated to deceive.

Although very slow, but it is still a steady company.

Good governance is now an issue.

This company could have done much better given its earlier mover position in this type of business. I think it should bring in more able people into the management even if they do not carry the surname Ang.

sosfinance: Pro has twice as many shares outstanding as Pin. Pro has a more generous dividend payout policy and this together with a couple of speculative ventures are underpinning its current share price. The recent investment in a too good to be true oil & gas project and going big in the property at this time may not produce the profits as expected. I am of the view that Pin is much more solid company at their current prices and based on its historical performance is a better one to invest in.

This co is one big fat ZERO.

BTW, I am amused by the fact that "Alvivi" have got off the hook for wishing the Muslim Selamat Berbuka Puasa by eating bak gut teh in a video clip. Even I, a non muslim Chinese, find what they did very naughty and offensive to the muslims and they should have been punished in some way and not let off.

Do not mask the truth simply with malay sensitivity. The problems are there and do not just ignore. In a democratic society, (particularly in one that aspires to be developed nation status in just 6 years)criticizing the government, including the PM, even in a satirical way, is nothing unusual and nothing wrong. Najib is being "involved" not because he is a Malay but because he is the PM. Please understand the difference.

There is absolutely nothing offensive in the video clip for Theresa kok to say sorry about, although there is a good dose of sarcasm. It is time for the Malaysian society to be critical vocally about the misdeeds and abuses in the country. I congratulate her for her courage to make that clip. To prosecute her will make Malaysia the butt of a joke internationally and incompatible even with the lowest democratic standards.

the polling day was on a Saturday. if it were on a sunday, dyana would have won.

What about the private placement and free warrant? With the current price around RM2.00, how can the private placement justified at the same price?

As far as I know, Protasco has no shareholding in Nexgram, although the 2 cos have 1 or 2 joint venture property projects, and one common director. Nexgram is no abang of Protasco.

Intention looks the same : to create a cult following. Anyway time will tell.

tey por yee reminds me of teh soon seng.

Keck Seng is just a so so company. It has some good assets but the management has done little to increase shareholder value. The Ho family is treating it like a privately owned company. Better returns can be had elsewhere.

I think kukuman is trying to depress Ben's share price so that he can pick up some shares cheap, either to make some money later or to average down his higher cost purchases earlier.