PROTASCO BHD

KLSE (MYR): PRTASCO (5070)

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Last Price

0.31

Today's Change

+0.005 (1.64%)

Day's Change

0.285 - 0.31

Trading Volume

4,497,100


16 people like this.

5,864 comment(s). Last comment by HoChunFuat4u 6 days ago

jack2

1,358 posts

Posted by jack2 > 2017-12-22 08:31 | Report Abuse

huat huat huat
secured another project

December 21, 2017 @ 8:16pm




NST Business

KUALA LUMPUR: Protasco Bhd has been awarded a RM442.6 million project under Pembangunan Projek Perumahan Penjawat Awam 1Malaysia (PPA1M), in a joint venture with Kop Mantap Bhd.

Protasco’s wholly owned subsidiary, Protasco Development Sdn Bhd, will hold 51 percent in the joint venture while Kop Mantap, wholly owned subsidiary of Koperasi Polis Diraja Malaysia Bhd, will hold the remaining 49 percent.



Protasco said the project, awarded by Unit Perumahan Penjawat Awam 1Malaysia, is to build 1,681 apartment units in Putrajaya.



This new project is expected to contribute positively to the future earnings of Protasco, it said.

With this project, Protasco’s construction order book now stands at roughly RM900 million.

Protasco has completed Phase 1 of PPA1M Putrajaya in April 2017, and is currently building Phase 2.

Protasco said it also has a healthy road maintenance order book of about RM4.2 billion, which is expected to last until 2026.

Posted by StuffInButt > 2017-12-22 09:37 | Report Abuse

Ppa1m again. Stuff own ss with polis retiree name again syok sendiri. Typical chong ket pen. Lolol

DroidnPlay

127 posts

Posted by DroidnPlay > 2017-12-22 10:01 | Report Abuse

When the truth will be revealed? cakap pusing pusing....

HopoShame

11 posts

Posted by HopoShame > 2017-12-22 10:12 | Report Abuse

Ckp better buy more. Push up 1.20.

Stuck 1.18 and 1.15. Unless you invested since tun daim time, else anyone hold 1.20 above suffer capital loss.

Truth is truth why need to reveal? Ckp can pusing sure will buy up sooner or later. Don’t need cakap cakap kosong.

DroidnPlay When the truth will be revealed? cakap pusing pusing....
22/12/2017 10:01

nkk53

1,426 posts

Posted by nkk53 > 2017-12-22 15:33 | Report Abuse

Too much negative news,cabut already.Let EPF fight the bad elements

Posted by yangyang > 2017-12-22 16:31 | Report Abuse

Good things come to those who wait.

Posted by Muhammad Zikrie > 2017-12-23 19:46 | Report Abuse

Cantik ada yang membantu. Terbaik icli.

Posted by Muhammad Zikrie > 2017-12-23 19:54 | Report Abuse

Buat pun takada guna kalau dapat pun takada. Korang tahu pakai je. Aku mencari2 tak jumpa tambah2 lagi tak tahu.

Posted by PondanCKP > 2017-12-26 10:51 | Report Abuse

Dato sri chong ket pen jual punggung kepada polis pensen lagi. Kasi projek tak jadi kasi ppa1m rumah setingan nampak lebih bersih ke dari rasuah? Ingat pistol bekas polis masih boleh tolong dia mencuri wang protasco ke? cuci sepuluh kali pun darah melekat. Polis ambil boleh ambil jenayah masih jelas. Lolol.

nkk53

1,426 posts

Posted by nkk53 > 2017-12-27 12:28 | Report Abuse

Left this not so transparent counter for good

BillyK

570 posts

Posted by BillyK > 2017-12-27 12:38 | Report Abuse

buy for good dividend

Posted by Yaokanhakzan > 2017-12-28 16:10 | Report Abuse

拿督斯里张吉平是谁呀?呵呵。出名咯。故事背景巧遇张出殡那天的故事,巧合吧。话说:

张出殡那天又出风头了,富达股价一定破1.20。为什么呢?无恶不作骗了这么多钱,自己是强盗偷走了整个富达还喊别人偷窃,后来发现其实为了方便他自己在富达里自己给自己开支票,独掌公司控制权后明抢了上亿公款,一半进自己口袋,一半去向不明,厚黑学教授级别果然厉害。

做坏事提心吊胆怕有命偷没命用,心脏病受不了就硬生生千方百计把自己强盗的脸贴近警察退休工会以为可以漂白。搞来搞去还去了印度(尼泊尔)作秀一番,变相贿赂。最近连自己都亏钱的“国民房屋计划幌子”搞个对分合作新闻给张出殡那天喝喝彩。怕死人家不知道他在搞“警民合作”。呵呵,人家当他傻嗨不拿白不拿,时间到了一样请他进去蹲,装什么傻嗨。贼就是贼,再近点还是一张贼脸。到时做贼心虚心脏病发作碰一声走了,不风光大葬对不起他自己。所以时辰到前偷回来的钱不买股票难道收着烧给自己下面用嚒?小人得志必定按捺不住激动炫耀一把。哪,看看张出殡那天搞个“河婆人什么馆”之类的宣传伎俩,自己自称“河婆有功人士”,洗来洗去黑就是黑,装疯卖傻实在有辱斯文,丢尽河婆人的脸。所以洗来洗去还是黑,黑脸贴来贴去警察未必被收买得逞,黑钱收着不如再偷再买包起富达毁灭证据,必定回流买富达股票。包起就对了。在被拉进去牢里之前一定搞来搞去推股票吸金。放心买吧!

Dato sri Chong Ket Pen is who? Some news about his pretender might interest you to buy more Protasco shares:

Chong Lied and Cheated Protasco controlling shareholders to own Protasco control is now proven its all about money. Directly & publicly announced money paid to Chong own pocket already exceed RM50mil, not to mention another RM50mil where about, besides paying his board of directors to shut up, cash went vanished during Chong “own control” of Protasco. Read Protasco Annual Report to find the money trails if you really wants to know what you have invested in.

He tried to cover up his potential dirty criminal history by associating his name with some hoPO story and polis retiree corporation, and such shows may not clean up his potential illegal money trails and crime. Before he gets haul in to jail, Chong sure will buy more protasco shares using his ill-gotten money. There is only upside, so buy before chong last act, could happen days before his secrets got exposed and captured. The last glory fireworks before self destruction. RM1.20 sure win.

Daim4u

108 posts

Posted by Daim4u > 2017-12-28 18:53 | Report Abuse

Hong Leong research remain flat 1.14 TP.

Awarded PPA1M job. Protasco announced that it has been awarded a contract to construct 1,681 units of apartments in Putrajaya under the PPA1M housing scheme. The job has a GDV of RM442.7m and will be undertaken jointly by Protasco (51%) and the Royal Malaysian Police Cooperation (49%).
Comments
3 rd PPA1M contract award. This is Protasco’s 3 rd housing job under the PPA1M scheme. It previously undertook Phase 1 (completed) and 2 (ongoing) worth RM600m and RM301m, respectively. Apart from that, it also holds a Letter of Intent (LOI) for Phase 3 (RM120m).......


Basically Hong Leong is saying “Yea, congratulation for another PPA1M news. 51% Protasco, 49% Polis Cooperation. Funny why Polis Cooperation? Any expertise in construction or for other purpose? By the way Chong Ket Pen under PDRM, MACC and IRB investigation, wasn’t that “indirectly” conflict and a form of.....

Anyway. Cut it short - cost over run will cause a loss eventually. Proven. “Cost” of directors ate up all the profit and cash flow during Chong Ket Pen management, and despite the Hoo Haa, Hong Leong is opinion that the only value is the passive income from Road Maintenance. The Hoo Haa.... ahem, “No value added”, still RM1.14 TP. In other words Hong Leong “don’t trust current management anyway”. Straight forward “Thieves ane crooks”.

Hancur lah di tangan dato sri chong ket pen dan tan sri hadenan abdul jalil. RM442.7m contract satu sen pun Hong Leong tak beri muka. Malu.

kpolee22

30 posts

Posted by kpolee22 > 2017-12-28 23:46 | Report Abuse

PUC (0007)HTF BREAKOUT, BUY NOW BEFORE FLY.. LOOK AT CHART YOURSELF!!

Songhao

5 posts

Posted by Songhao > 2017-12-29 09:58 | Report Abuse

Fuyo! Jsut found out Hong Leong news. Its a “HOLD” lah, not “BUY”. Smell dead rat. Who remark “BUY” call here?

If dato sri chong ket pen is suspected criminal, by keep trying to tie his name with polis koperasi (although not polis directly but indirectly it is a reflection) still this is a form of bribery. Criminal joint venture with polis using plc? Big joke and shame. Using protasco some more is disgusting and in breach of director duty by wasting public company money. PPA1M? Construction report losses last quarter, got so much money to “share” with polis meh? Making profit means “cheat polis officers making money out of them”. Make a loss means cheating protasco shareholders and koperasi polis. Biggest joke is the cheater is once again, dato sri chong ket pen. Go in lokap lah criminal. Lol

Posted by IRBProbeNow > 2017-12-30 20:27 | Report Abuse

Illegal gains. How to trace Ringgit 1 hundred million tax invasion by dato sri chong ket pen and cronies? Here is the judgement.

If IRB probe on dato sri chong ket pen trail cheated protasco real controlling shareholders ooi kock aun and tey por yee and took control of protasco; every cent chong let pen took from protasco are illegal gain. His salary, claims and dividend. Anything his illgotten money buys is illegal, including protasco shares. Anyone covers up and took benefit from chong ket pen illgotten money taken from protasco is also illegal, including the board of directors fees, management and dato sri chong ket pen sons’ salaries, claims and dividend. That is in the Ringgit multi hundred millions.

Since dato sri chong ket pen illegal made up blame and caused protasco suffer loss on indonesia project, the damages and losses arrise from chong cheating blame is equivalent shall be imposed on chong ket pen. Any losses indirectly suffered shall also imposed on chong ket pen. Clear motive of self-gratification, dato sri chong ket pen “Made to look seem illegal” itself is crime, crime it is shall be imposed on dato sri chong ket pen. Protasco board coluded to assist dato sri chong ket pen in commiting his crime, each board member shall also impose same loss penalty and punishment. Since protasco is facilitating chong ket pen and board of directors to conduct their crime, protasco shall also be imposed same penalty.

So there are at least 3 levels of penalties shall be imposed on dato sri chong ket pen, protasco board of directors and protasco, each for Ringgit few hundred millions. Clearly there are Ringgit 1 hundred million tax and few hundred millions illgotten money shall be claimed back from these criminals. These have not included breach of director duties and dozens of CBT and related penalties. Confirmed amount could be Ringgit 400-500 million exclude penalties. If penalty 100%, that would be Ringgit 1 billion (negative) club!

If I am Hong Leong Research, I would discount the Ringgit few hundred million risk. Maybe -RM1.14 per shares after reflected the risk factors to be more reasonable Target Price. A “HOLD” may look too generous for protasco. So don’t complian why hong leong did not change HOLD to BUY. It should have beem RUN for live!

BillyK

570 posts

Posted by BillyK > 2018-01-02 15:15 | Report Abuse

up wor
good start to new year

Nikmon

2,967 posts

Posted by Nikmon > 2018-01-02 16:07 | Report Abuse

the latest report would be interested, just wonder how many stakes are own by institute house....

Daim4u

108 posts

Posted by Daim4u > 2018-01-02 16:23 | Report Abuse

Sure up lah. Ckp stolen money sure buy a lot. 1.20 coming

BillyK

570 posts

Posted by BillyK > 2018-01-02 16:26 | Report Abuse

1.20 huat huat

Daim4u

108 posts

Posted by Daim4u > 2018-01-02 16:33 | Report Abuse

Everyone waiting for him. Push him buy more goes up. Lol

BillyK

570 posts

Posted by BillyK > 2018-01-02 16:54 | Report Abuse

huat huat

HibisRock

84 posts

Posted by HibisRock > 2018-01-03 08:55 | Report Abuse

Only 4 stocks are picked by more than 7x in 2018 Stock pick of the year! Two of them are Dnex and Hibiscus!
http://klse.i3investor.com/m/blog/stock_pick_2018/142894.jsp

enchopls

477 posts

Posted by enchopls > 2018-01-04 09:10 | Report Abuse

What happen

Faiza

594 posts

Posted by Faiza > 2018-01-04 09:24 | Report Abuse

gg up

jack2

1,358 posts

Posted by jack2 > 2018-01-04 20:57 | Report Abuse

Fuyoh
Another gd day

Posted by Louischiok > 2018-01-04 22:19 | Report Abuse

Hopefully tomorrow same also

BillyK

570 posts

Posted by BillyK > 2018-01-05 08:04 | Report Abuse

market is good, share price up up
huat huat

enchopls

477 posts

Posted by enchopls > 2018-01-08 09:08 | Report Abuse

Reaching tp no one comment?

BillyK

570 posts

Posted by BillyK > 2018-01-08 09:23 | Report Abuse

up up
huat huat

Nikmon

2,967 posts

Posted by Nikmon > 2018-01-09 15:25 | Report Abuse

someone just sold off half million, from EPF?

Posted by PotentialGhost > 2018-01-10 23:55 | Report Abuse

Hey tey por yee dog your boss waiiting you in jail now , gong xi fa cai in jail la , hahah

BillyK

570 posts

Posted by BillyK > 2018-01-11 09:03 | Report Abuse

Nik, epf is not selling
bought 2M

Daim4u

108 posts

Posted by Daim4u > 2018-01-11 22:08 | Report Abuse

Ghost is ghost la why so cheap. No potential. Lolol. Your boss chong ket pen and teh eng huat in jail already you just join in iszit? Lolol

kyosan

786 posts

Posted by kyosan > 2018-01-12 12:10 | Report Abuse

Kuchai,sbagan,incken,kluang..all up liao due to Great Eastern....then why Protasco not up also ya??...limited seat...

nooramir

37 posts

Posted by nooramir > 2018-01-17 21:17 | Report Abuse

Gap up tomorrow?

stncws

10,318 posts

Posted by stncws > 2018-01-17 23:05 | Report Abuse

drop to 105...after spike to 1.3

sasword

1,139 posts

Posted by sasword > 2018-01-18 09:43 | Report Abuse

Con counter even hav 1:1 bonus issue also no1 buy.

Faiza

594 posts

Posted by Faiza > 2018-01-18 14:19 | Report Abuse

good
bonus and free warrant

Nikmon

2,967 posts

Posted by Nikmon > 2018-01-18 22:06 | Report Abuse

what would be the estimated warrant price when it issue?

Faiza

594 posts

Posted by Faiza > 2018-01-19 10:46 | Report Abuse

fuyoh
up up

BillyK

570 posts

Posted by BillyK > 2018-01-19 16:48 | Report Abuse

huat huat

Nikmon

2,967 posts

Posted by Nikmon > 2018-01-24 15:08 | Report Abuse

shit, EPF running away

Faiza

594 posts

Posted by Faiza > 2018-01-24 15:24 | Report Abuse

biasa la
epf pun mau cari untung

DroidnPlay

127 posts

Posted by DroidnPlay > 2018-01-25 09:24 | Report Abuse

else how they going to pay the 6.5%...Local Institution keep dumping this week.

enchopls

477 posts

Posted by enchopls > 2018-01-26 16:53 | Report Abuse

Received the dividend. When they confirm bonus issue

Nikmon

2,967 posts

Posted by Nikmon > 2018-01-28 02:16 | Report Abuse

by june or july

Nikmon

2,967 posts

Posted by Nikmon > 2018-01-29 10:07 | Report Abuse

end of story, if EPF continue the dumping, will hit below RM1 in a week.....

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