PROTASCO BHD

KLSE (MYR): PRTASCO (5070)

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Last Price

0.345

Today's Change

+0.01 (2.99%)

Day's Change

0.335 - 0.355

Trading Volume

1,465,400


16 people like this.

5,880 comment(s). Last comment by LY Hoh 6 days ago

KC Loh

13,701 posts

Posted by KC Loh > 2012-08-13 16:07 | Report Abuse

touched 94 sens for a brief moment. hope it dont climb too fast. will invite trouble!

KC Loh

13,701 posts

Posted by KC Loh > 2012-08-13 19:12 | Report Abuse

Frank, one more sen, one more sen.......... LOL

franksoweto

3,425 posts

Posted by franksoweto > 2012-08-13 20:18 | Report Abuse

good day heh KC, digi, gen m, protasco, well call - well called indeed :) this is another one that I missed - 3 of the stocks that i practically watched them climbed or surged to be more accurate, well call, padini and old town - all on my watchlist always looking for the cheapest price!

KC Loh

13,701 posts

Posted by KC Loh > 2012-08-13 20:24 | Report Abuse

you did buy into protasco right?

KC Loh

13,701 posts

Posted by KC Loh > 2012-08-13 20:26 | Report Abuse

if there is any consolation, i missed on PIE and AMedia. So life goes on! :(

franksoweto

3,425 posts

Posted by franksoweto > 2012-08-13 20:41 | Report Abuse

noo Kc remember I was waiting for it to drop I sen!!!!! and i actually watch the entire agm video! anyway no worries you win some you lose a lot!hehe

KC Loh

13,701 posts

Posted by KC Loh > 2012-08-13 20:53 | Report Abuse

i see. que sera serra!

bigyellow

254 posts

Posted by bigyellow > 2012-08-13 21:38 | Report Abuse

another day tomorrow

KC Loh

13,701 posts

Posted by KC Loh > 2012-08-17 17:09 | Report Abuse

Darn this counter... last minute teasing! two more sens! two more sens! LOL

KC Loh

13,701 posts

Posted by KC Loh > 2012-08-17 17:13 | Report Abuse

will probably come if good news on 23/8/12

KC Loh

13,701 posts

Posted by KC Loh > 2012-10-29 16:42 | Report Abuse

moving out soon if still stagnant. can't wait for DBKL news...

Amao Mao

205 posts

Posted by Amao Mao > 2012-11-21 16:25 | Report Abuse

Hmm, today shot to RM1...

KC Loh

13,701 posts

Posted by KC Loh > 2012-11-21 18:42 | Report Abuse

Frank, told ya! and Dali too! hehehehe :)

Amao Mao

205 posts

Posted by Amao Mao > 2012-11-21 22:08 | Report Abuse

Dividend declaring soon, no?

KC Loh

13,701 posts

Posted by KC Loh > 2012-11-28 17:29 | Report Abuse

interim dividend announced. 4 sens if not mistaken!

tonylim

4,796 posts

Posted by tonylim > 2012-11-28 18:41 | Report Abuse

Bro, 10 sen in total?
This is new to me, they never do twice

KC Loh

13,701 posts

Posted by KC Loh > 2012-11-28 18:46 | Report Abuse

yeah, 10 sens in total! cool eh? hehehe bought at 89.5 i think july! 11% returns already! if their interim is consistent at 4 sens, a return of appx 18% per year. forget the capital gain, this IRR will give you everything back in 5 years on dividends alone, all else being equal! :)

tonylim

4,796 posts

Posted by tonylim > 2012-11-28 19:08 | Report Abuse

boleh la, i used to buy 85 sen and wait, normally during flat market sentiment

KC Loh

13,701 posts

Posted by KC Loh > 2012-11-28 19:10 | Report Abuse

this type of stock tests your patience. Ding dong ding dong between 89-94 sens. suddenly rocket mode! hahahahaha

tonylim

4,796 posts

Posted by tonylim > 2012-11-28 19:19 | Report Abuse

hahaha, ya the old lady burst it .... once a year. Sometimes twice.
Treat it as a perennial annuity scheme.

KC Loh

13,701 posts

Posted by KC Loh > 2012-11-28 19:20 | Report Abuse

this and presbhd for annuity scheme. hope to get more as pressbhd price currently is fantastic!

tonylim

4,796 posts

Posted by tonylim > 2012-11-28 19:22 | Report Abuse

kc, from investlah.
Proof me wrong, more burst coming?

44m shares traded offmarket at RM1.20, premium 27%. something brewing??



PETALING JAYA: Protasco Bhd saw 14.8% of its stake transacted in several off-market deals yesterday at RM1.20 each, which was a big premium to its current market price of 95 sen.

Stock market data showed that the stake comprised 44.62 million shares, or 14.8%, based on its share issue of 300 million units.

At RM1.20, this was 26 sen or 27.6% above Tuesday’s closing price of 94 sen.

At the market close, share price of Protasco was up one sen to 95 sen with 381,700 shares changing hands.

Aside from engineering and construction, Protasco also owns and runs the Kuala Lumpur Infrastructure University College and the Ikram Training and Infrastructure Development Institute. Its education division is one of its revenue drivers and largest contributors to group operating profit.

Protasco has long-term concession agreements with the Federal Government for the maintenance of two roads, ending in 2016 and 2018 respectively. It also has long term contracts for maintenance of state roads in Selangor and Terengganu.

Overseas, the company has road maintenance contracts in the Middle East since seven years ago.
The Star

KC Loh

13,701 posts

Posted by KC Loh > 2012-11-28 19:25 | Report Abuse

possibly they won back the DBKL road maintenance work and litigation in middle east (Syria if not mistaken)? :) Management was talking about this two the wait to end this year!

Amao Mao

205 posts

Posted by Amao Mao > 2012-11-29 10:08 | Report Abuse

First time buy, in 2 months time gained 10 sen for 90 sen per share! Bravo Protasco ^ ^

KC Loh

13,701 posts

Posted by KC Loh > 2012-11-29 11:26 | Report Abuse

yessssss.... currently up 7.5 sens

Amao Mao

205 posts

Posted by Amao Mao > 2012-11-29 11:45 | Report Abuse

Buy?

tonylim

4,796 posts

Posted by tonylim > 2012-11-29 11:47 | Report Abuse

kcloh, your views on the married deals at 1.20 each.

KC Loh

13,701 posts

Posted by KC Loh > 2012-11-29 12:25 | Report Abuse

i would advocate hold amao mao. you have gotten in good price.

tonylim, greek as usual!

Frank Soweto

3,425 posts

Posted by Frank Soweto > 2012-11-29 12:26 | Report Abuse

right again :(

tonylim

4,796 posts

Posted by tonylim > 2012-11-29 12:39 | Report Abuse

Kcloh, I say, the offmarket married deals at RM1.20 per share posted 7.22pm last night.

No comments at all?

KC Loh

13,701 posts

Posted by KC Loh > 2012-11-29 14:31 | Report Abuse

that was the lead to today's climb! :)

if you ask me what is the news behind that, sadly, i dont know. your guess is as good as mine!

KC Loh

13,701 posts

Posted by KC Loh > 2012-11-29 14:33 | Report Abuse

thought i did try to reply you, tonylim?

Posted by KC Loh > Nov 28, 2012 07:25 PM | Report Abuse X

possibly they won back the DBKL road maintenance work and litigation in middle east (Syria if not mistaken)? :) Management was talking about this two the wait to end this year!

tonylim

4,796 posts

Posted by tonylim > 2012-11-29 14:41 | Report Abuse

yes sir, the 1.20. still not happy with your reply

KC Loh

13,701 posts

Posted by KC Loh > 2012-11-29 14:44 | Report Abuse

this ain't popularity contest voting, i am mindful! :)

tonylim

4,796 posts

Posted by tonylim > 2012-11-29 15:04 | Report Abuse

ok. sir. got wiper fix on kancil

KC Loh

13,701 posts

Posted by KC Loh > 2012-11-29 15:05 | Report Abuse

ah? earned so little? capital gain and dividends would easily amount to RM200 per pop no?

tonylim

4,796 posts

Posted by tonylim > 2012-11-29 15:10 | Report Abuse

per pop?

KC Loh

13,701 posts

Posted by KC Loh > 2012-11-29 15:12 | Report Abuse

per share lahh! trying to jive to young people's lingo. go ask your kids! want to be young in case they disapprove of my investment technique no? HAHAHAHA

Amao Mao

205 posts

Posted by Amao Mao > 2012-12-03 10:23 | Report Abuse

Riding on east wind nowadays... (secretly bang his head on the wall for did not buy more...)

tonylim

4,796 posts

Posted by tonylim > 2012-12-03 13:52 | Report Abuse

Old fat lady singing a different tune this time around

tonylim

4,796 posts

Posted by tonylim > 2012-12-03 15:38 | Report Abuse

Darn, sure enough, Tey of Nextnation bought a 27.11 stake in protasco.
kcLoh, **wink wink**

tonylim

4,796 posts

Posted by tonylim > 2012-12-04 18:51 | Report Abuse

.

azta12

5,594 posts

Posted by azta12 > 2012-12-12 19:45 | Report Abuse

Married deal done 4 million shares at a premium price of 1.20. it looks like it will continue moving upward.

KC Loh

13,701 posts

Posted by KC Loh > 2012-12-13 10:42 | Report Abuse

now you see why i said hold to your current shares and don't average up, amao mao? back to 97 after ex-date...

mk88

986 posts

Posted by mk88 > 2012-12-15 13:16 | Report Abuse

ex dividend and will receive ang pow rm100 per lot, yahoo

yield around 15% (if plus 4% 2nd final dividend in june 2013)

Amao Mao

205 posts

Posted by Amao Mao > 2012-12-24 15:49 | Report Abuse

Yea yea KC, thanks for the reminders :) Now looking for the cliff effect before entering.

mk88

986 posts

Posted by mk88 > 2012-12-25 17:25 | Report Abuse

the share inching up every week, looks good

Amao Mao

205 posts

Posted by Amao Mao > 2012-12-28 12:40 | Report Abuse

I prefer the price stays there and give big bonuses every year XD

mk88

986 posts

Posted by mk88 > 2012-12-28 20:24 | Report Abuse

protsco announced that it secured 7-yr concession for road maintenance in Perak yesterday

today, announced acquisition of oil exploration company in Indon for rm170m with profit guarantee US50m

Next monday, the share will fly.

those who bought congrat.

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