Posted by hng33 > 2018-05-14 09:39 | Report Abuse

bought more protasco at 67-67.5sen

Posted by CatchCrook > 2018-05-14 10:22 | Report Abuse

buy below 70 sure goes up. Najib mistress Chong ket pen sure cry to Tun Mahathir and gets away. Protasco traitor to Tun mah, so traitor to Najib is "normal". Kill people also can escape as long selling soul. lolol.

Posted by hng33 > 2018-05-14 10:28 | Report Abuse

sold back all protasco at 69.5-70.5sen, locked today fast contra profit, free up capital

Posted by rogers123 > 2018-05-14 10:50 | Report Abuse

Hng: How is ur previous holding? Still holding?

Posted by enchopls > 2018-05-14 10:50 | Report Abuse

Makan banana already this time. You all don't cheat newbie lah.

Posted by hng33 > 2018-05-14 11:55 | Report Abuse

Portfolio still keep earlier batch at higher cost about 78+sen after adjusted for bonus and earlier sold off all entitlement warrant.

Posted by shortNow > 2018-05-14 14:58 | Report Abuse

Short Protasco. Traitor to Tun Daim. Will be traitor to Najib, just watch. 100% traitor in the bone - terminate for country sake.

Posted by shortNow > 2018-05-14 15:08 | Report Abuse

Protasco 100% Pro-Najib more down side when market wakes up.

Compared to others:
Amad Zaki 0.72 > 0.47
Ibraco 0.71 > 0.50
MRCB 1.00 < 0.80
Fajar 0.635 > 0.48
Malton 0.785 > 0.67
Ecovest 0.81 > 0.71
Zecon 0.565 > 0.47
IWCITY 0.715 > 0.635
Protasco 0.745 > 0.685

Right now maybe share price 0.50-0.60 if Najib contacts not freeze. Write off Najib contracts maybe worth 0.25 or less relied on 1 piece of non-prime land in Kajang. If left with just a land, can consider other bigger property asset companies selling cheaper discount right now. Protasco betray Tun and sold soul to Najib. Wrong camp. Gone case.

More: http://klse.i3investor.com/blogs/2018newgov/156597.jsp

Posted by TupaiKolam > 2018-05-14 17:50 | Report Abuse

Worst than we though!!!! Just read.
This one is end of protasco:
http://klse.i3investor.com/m/blog/2018newgov/156634.jsp

Chong ket pen is “self rushing” to see Najib and traitor to his bosses. Different from Airasia or Supermax.

Without najib support, corrupted contract all gone. MACC and polis sure catch chong ket pen and najib cronies.

Betray Mahathir and lick najib backside. Now goes back to Pakatan? Traitor better chop as example.


TupaiKolam Face it.

0.75 broken, 0.69 coming.

Then 0.50 fair value and close shop.

CKp Betray Daim habis, tunggu masa mati. Betray PakJib lagi habis mati sikalang.

No hope. Gone case.


TupaiKolam http://klse.i3investor.com/m/blog/stocktrend/154588.jsp

0.76
20/04/2018 16:03
04/05/2018 19:14

Posted by PKRPACA > 2018-05-14 18:04 | Report Abuse

Is this really najibs project or it was serving the Malaysian general? why so much hate calls for this share?

Posted by CatchCrook > 2018-05-14 18:58 | Report Abuse

Construction dep for najib,road maintenance for gov


Lol!! Finally CKP sleeping with Najib to do all kinds of crime reveil.

Construction is 100% Najib pet project. Road maintenance was “awarded and renew” under “Najib” government. FYI PKR boy and suWei, the “former” government means “Najib” lah. Go inside and investigate you will know “where protasco money gone”.



PKRPACA Is this really najibs project or it was serving the Malaysian general? why so much hate calls for this share?
14/05/2018 18:04

Su Wei as my information...Construction dep for najib,road maintenance for gov
14/05/2018 18:22

Posted by CatchCrook > 2018-05-14 18:59 | Report Abuse

Cancel all contracts. Sell the land. All shareholders get 20sen maybe. Lol

Posted by TaoYeh > 2018-05-15 10:32 | Report Abuse

Awas! Sudah mau sampai 1 bulan. Harimau besar ada banyak duit pasti akan muncur makan olang. Beli sikalang 65 60 55 sampai 50. pasti naik 70 bila harimau keluar. Ayoh beli!

TaoYeh Harimau lagi muncur guna wang haram yang di curi beli saham. Saham pasti naik!
http://www.bursamalaysia.com/market/listed-companies/company-announcem...
26/04/2018 18:01

Posted by TaoYeh > 2018-05-15 10:35 | Report Abuse

Ini olang Blogger Tun punya olang ke? Mana tahu Protasco chong pakat Najib pasti kaki kangkang tunggu waktu sebelum election?

https://klse.i3investor.com/blogs/bursacannibal/155963.jsp

Posted by PKRPACA > 2018-05-15 12:54 | Report Abuse

catch crook boy are you the earlier collaborate partner with chong, deal no go through, u asyik tangkap tangkap aje ya

Posted by TaoYeh > 2018-05-15 13:19 | Report Abuse

Harimau keluar dah. Insider bocor betul.

Posted by CatchCrook > 2018-05-15 18:18 | Report Abuse

Bought 67 and 655. Chong will buy to avoid kena tangkap gone case. Buy more later sell to him. Lol.

Posted by Jibkaki > 2018-05-15 21:17 | Report Abuse

How you all know chong ket pen betray tun? He only close to najib to get business, of cause has to support najib to pay back. He loves najib but he still loves tun.

Posted by enchopls > 2018-05-16 10:38 | Report Abuse

Keep or throw. Paper loss 50% loh

Posted by nkk53 > 2018-05-16 17:38 | Report Abuse

Consider to pick up 0.65

Posted by TaoYeh > 2018-05-17 11:22 | Report Abuse

Harimau sudah mali. Duit banyak. Mesti makan sampai 70. Beli 67-69 tunggu jual 74-76.

Posted by NTABuyer > 2018-05-18 16:45 | Report Abuse

Cmsb taib also limit down. Protasco limit down also?

Posted by nkk53 > 2018-05-21 12:19 | Report Abuse

Bought 0.625

Posted by enchopls > 2018-05-21 14:45 | Report Abuse

Gg

Posted by TaoYeh > 2018-05-21 16:44 | Report Abuse

Sekurang-kurang 30 saham lain jatuh lebih murah. Protasco 60 pecah jumpa di 50. Harimau tak boleh tahan pasti mali. Beli 65 di bawah murah.

Posted by nkk53 > 2018-05-23 12:20 | Report Abuse

Top up 0.615

Posted by CatchCrook > 2018-05-24 19:13 | Report Abuse

Chong busy kissing PKR backside because betrayed Tun and support Najib. He sure buy more shares to show kissing PKR to cover up himself. Buy 58-60 sure up.


CatchCrook Bought 67 and 655. Chong will buy to avoid kena tangkap gone case. Buy more later sell to him. Lol.
15/05/2018 18:18

Posted by PKRPACA > 2018-05-25 14:10 | Report Abuse

ini syarikat Crony Najib ke? ada tanah rampasan dan konsesi kerajaan BN...cuba selidik nanti! tangkap pasti tangkap!

Posted by PKRPACA > 2018-05-25 15:13 | Report Abuse

Pakar BN emminent support renew contract pulak...

Posted by TaoYeh > 2018-05-25 18:29 | Report Abuse

Harimau lagi keluar! Sudah tangkap gambar. Pasti naik cepat beli!
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5803033


Stock: [PRTASCO]: PROTASCO BHD
May 15, 2018 10:32 AM | Report Abuse

Awas! Sudah mau sampai 1 bulan. Harimau besar ada banyak duit pasti akan muncur makan olang. Beli sikalang 65 60 55 sampai 50. pasti naik 70 bila harimau keluar. Ayoh beli!

TaoYeh Harimau lagi muncur guna wang haram yang di curi beli saham. Saham pasti naik!
http://www.bursamalaysia.com/market/listed-companies/company-announcem...
26/04/2018 18:01

Posted by Lukesharewalker > 2018-05-25 18:31 | Report Abuse

Contracts to be reviewed. Boss MCA kaki.....finito

Posted by PKRPACA > 2018-05-28 16:32 | Report Abuse

review with board Wednesday...throw kasut at MCA kalau ada penipuan

Posted by Nikmon > 2018-05-31 10:23 | Report Abuse

the property segment ran by his son is really problematic, it is better off sell off those land and close the property division.

Posted by Daim4u > 2018-05-31 16:35 | Report Abuse

The son is Chong Ket Pen purposely slot in to take salary. Cost centre.

Problem is like the Barisan Nasional. 1 person only.

Protasco's problem is Chong Ket Pen, and his cronies not gone or captured, no hope. Gone case.

Paid so much to get close to Najib now betray Najib so fast? Traitor.
Your UMNO people still inside Protasco. Resigned?
Cannot go to Tun. Traitor, die faster if go close.
Anwar also hate traitors. Get closer and its suicide.
Go to PAS Kelantan and good luck. Migrate Kelantan please.

Habis cerita, tutup kedai soon.

http://klse.i3investor.com/blogs/Croccaptured/158922.jsp

Posted by Ide Drea > 2018-05-31 19:52 | Report Abuse

first time attended prtasco agm yesterday to see what type of management they are. It's really one kind, no one bother to brief shareholders about company past performance and future plan/prospect but just let the powerpoint ran by itself expected ppl to read from screen? that chong ket pen sit like statue not utter a word attitude need to improve just chairman did all the talking. my impression is this is not a shareholders friendly and transparent company.

Posted by CKPHunt > 2018-06-01 08:26 | Report Abuse

finally insider reality kicks in and exposed the lies. Salute to Hong Leong Research team.

RM2m loss in 1Q18 was a negative surprise, below ours and consensus expectations of profits. The result disappointment was due to losses for construction (timing gap) and property (no new launches). Road maintenance saw strong PBT growth of 112% YoY but we see risk of lower federal government spending. Cut FY18-19 earnings by 22% and 20%. Downgrade to SELL from Hold with TP of RM0.47 (from RM1.00).

Below expectations. Protasco reported 1Q18 results with revenue of RM157.5m (- 50% QoQ, +19% YoY) and loss of RM2.1m (4Q17: profit of RM8.7m, 1Q17: profit of RM3.3m). Needless to say, the results were below expectations compared to our full year profit forecast of RM35m (consensus: RM44m). The disappointing results were due to the construction and property divisions which were loss making.

Construction in the red… While construction revenue picked up QoQ by 139%, it was still down 54% YoY. Owing to fixed cost incurred, coupled with low revenue, the division sunk back into the red (RM1.3m loss). Note that construction barely broke even in 4Q17. The slow pick up in revenue was due to timing gap between completion of PPA1M Phase 1 and progress ramp up for Phase 2 (RM301m) (now 14% complete). Management guides that work on Phase 4 (RM434m) will only take place in 4Q. We turn cautious on the overall job flow prospects given the change in administration (post GE14) as mega projects are either placed under review or scrapped.

...and property too. Property revenue was almost non-existent given the absence of any new launches last year and YTD coupled with slow inventory sales. Consequently, the division remained loss making (RM2.6m) for the 2nd consecutive quarter. In terms of new launches, management shared that it will be launching (i) shop lots in Pasir Gudang (RM120m) once bookings hit 30%; and (ii) Telipot Apartment, Kota Bahru (RM160m) towards mid-year.

Downside for maintenance? On a brighter note, road maintenance saw revenue and PBT surge strongly by 90% and 112%, respectively. However, we turn slightly cautious on this division as maintenance of federal roads could be scaled back as the new administration attempts to rationalise its expenditure.

Forecast. We cut FY18-19 earnings by 22% and 20%, respectively after imputing (i) lower construction margin; (ii) scaling back orderbook execution; and (iii) lower road maintenance works.

Downgrade to SELL, TP: RM0.47. Aside the earnings cut, we also lower our P/E target from 12x to 7x (at the lower end of its historical range) tagged to FY18 earnings. In view of the results disappointment, coupled with the gloomy sector outlook for contract flows, we downgrade our rating on Protasco from Hold to SELL with TP of RM0.47 (from RM1.00).

Source: Hong Leong Investment Bank Research - 31 May 2018

Posted by CatchCrook > 2018-06-01 21:08 | Report Abuse

OMG Hong Leong said SELL and target 0.47!!! Run for life or average down?

Posted by ivan9511 > 2018-06-02 14:48 | Report Abuse

Wa , Encik so confidence
ada hope
ada future ?


01-Jun-2018 Insider ENCIK SUHAIMI BIN BADRUL JAMIL (a company director) acquired 20,000 shares at 0.520 on 31-May-2018.
01-Jun-2018 Insider ENCIK SUHAIMI BIN BADRUL JAMIL (a company director) acquired 5,000 shares at 0.515 on 31-May-2018.

31-May-2018 Price Target Protasco Bhd - Uncertain Sector Outlook To Weigh On Prospects
Source : Malacca Securities, Price Call : HOLD, Price Target : 0.62
Last Price : 0.525, Upside/Downside : +0.095(18.10%)

Posted by conManJail > 2018-06-03 16:49 | Report Abuse

Protasco Chong relationship with Najib and road contracts exposed? Gone case like myEG?
https://klse.i3investor.com/blogs/fraudstersnews/159328.jsp

Posted by CatchCrook > 2018-06-04 12:07 | Report Abuse

ConMan your news not up todate. This one clearer:
https://klse.i3investor.com/blogs/concernedcronyism/159407.jsp

So many events to "coincident" happen in Protasco. Alliance and photo with Najib also coincident. Money missing also. Get road contract also. Loss making also. Director resign also. Sandiwara CKP thumbs up. Anwar's cell is vacant. Heard CKP went for Anwar. Pre-book the cell izit?

Posted by Daim4u > 2018-06-04 12:28 | Report Abuse

WORST THAN myEG kalau betul ini protasco makan wang polis. Ini SPRM kena cepat sebelum gaji polis di hisap masuk skim cepat kaya protasco.

Posted by ivan9511 > 2018-06-04 13:31 | Report Abuse

but if they still paying high div like 10% yield then still can buy now
\is too cheap now
epf still a ,lot

Posted by CatchCrook > 2018-06-04 15:06 | Report Abuse

lolol. Oh Yes. Try cutting your own arm and eat yourself. Good dividend. See how fast you die lor eating own flesh. That's Protasco dividend. Good luck.

Posted by CatchCrook > 2018-06-04 15:07 | Report Abuse

Loan and pay dividend 10%. c2pid. Better liquidate close shop and payout all shareholder. More than the dividend. lol

Posted by CKPHunt > 2018-06-05 09:35 | Report Abuse

Ckp buying. So buy. 55 soon

Posted by nkk53 > 2018-06-06 18:31 | Report Abuse

PH will not touch toll and road maintainence companies as it will be costly to review or rescind the Contracts.They have their full now on tackling 1MBD and other mega projects(mostly linked to China).Protasco share price will rebound once the dusts are settled

Posted by CKPHunt > 2018-06-07 08:35 | Report Abuse

OMG!!! Finally found out the missing money.

With or without revoke contract, ckp still takes all the money and gives you nothing. Maybe a loss making account. Makes no difference.

Read annual report. Why chong ket pen takes rm50million fees and dividend while company making a loss last few years? Where is bursa and sc?

How come company money gone so fast just 1 year? What ckp did to our policemen thinking to even cheat them to pay for his scheme with najib? Najib paid him favor? Why support najib election? Where is macc?

https://klse.i3investor.com/m/blog/fraudstersnews/159328.jsp
07/06/2018 08:32

Posted by SEED > 2018-06-07 15:58 | Report Abuse

this is a con company, pro-umno, very close to Najib and Rosmah, 100% contracts from Umno.

Posted by INTELPDRM > 2018-06-08 12:05 | Report Abuse

https://klse.i3investor.com/blogs/fraudstersnews/159328.jsp

protasco shareholder and staff can report polis or sprm on the money trail. how come same revenue and profit all gone. someone must have approved and someone must have took it. not you and me then who?

Posted by TupaiKolam > 2018-06-08 12:37 | Report Abuse

This is cute:

Looking back chong ket pen trails. This traitor is a con man to the extreme. A fraud and links to potential illegal money laundering trail not less than 1MDB in making.


Who is Chong Ket Pen?

First he cheated and betrayed Tun Daim.
Then cheated and betrayed 2 investors.
Then cheated and betrayed X-PM Najib, MCA, UMNO.
Then cheated and betrayed PDRM, Kop Mantap, all policemen, and IGP Fuzi.
Who is his next vicim? PKR? PPB? DAP?


----------------------------
Let's see what was exposed gathered from obvious public informations to link the dots.
----------------------------

year 2012 - 2014
Cheated investors in order to "swallow" Protasco Bhd. Snake swallowed the elephant!!!
https://dogsofbursamalaysia.wordpress.com/category/uncategorized/


year 2014-2018
After cheated and owned control of Protasco Bhd, self-gratification taking money in big way to pay himself. RM50 million went to chong Ket Pen pocket!!! Investors and analyst started to find the evidence and trails of Chong Ket Pen true intention.
http://klse.i3investor.com/blogs/bursacannibal/141944.jsp
http://klse.i3investor.com/blogs/Croccaptured/140895.jsp


year 2017-2018 pre-General Election-14 (GE-14)
PPA1M scam trying to cheat policemen money, and sold police name to Najib for election story. Help Najib cover up polis for 1MDB.
http://klse.i3investor.com/blogs/2018newgov/156634.jsp


Jan-June 2018
Chong Ket Pen's Protasco money trail in question. Sequences of event:
March 2018 - RM66 million cash missing from Protasco
April 2018 - Protasco got Najib government awarded RM3 billion road contract
May 2018 - Protasco Hadenan pull Najib's sec Ali Hamza and PDRM IGP Fuzi "stage show support Najib's government".
Post-election May-June 2018 - PDRM Amar Singh found RM110 million cash in suspected Najib's houses.
https://klse.i3investor.com/blogs/fraudstersnews/159328.jsp



Worst than we though!!!! Maybe staffs and investors of Protasco already reported polis and macc. When the greedy cronies be captured? Ask Bursa and SC or Lim Guan Eng?