PROTASCO BHD

KLSE (MYR): PRTASCO (5070)

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Last Price

0.315

Today's Change

0.00 (0.00%)

Day's Change

0.315 - 0.33

Trading Volume

469,300


16 people like this.

5,875 comment(s). Last comment by Dehcomic01 1 month ago

sephiroth

14,125 posts

Posted by sephiroth > 2014-03-19 15:07 | Report Abuse

huat aaar....kikikiki...20.5% gain liau

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-19 15:11 | Report Abuse

Potential of Protasco.
1. De Centrum, hugh mixed property project
2. Road Maintenance, increasing Rev as projected by analyst
3. OnG venture.
This augurs well to its present situation of
1. Low PE
2. High Dividend
3. Cash position

林俊松

6,902 posts

Posted by 林俊松 > 2014-03-19 15:49 | Report Abuse

sephiroth, what is ur tp for this counter?

sephiroth

14,125 posts

Posted by sephiroth > 2014-03-19 15:54 | Report Abuse

at least 2.00 by this week

林俊松

6,902 posts

Posted by 林俊松 > 2014-03-19 15:57 | Report Abuse

Wah, even sephiroth also say RM2 by this week.
Then, I can't b wrong with this stock.
Thank u so much.
I'm holding tight~

lepeng85

256 posts

Posted by lepeng85 > 2014-03-19 16:00 | Report Abuse

Teh Por Yee ? founder of Nextnation ?

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-03-19 16:15 | Report Abuse

Aiyo..........worth to keep this company........wait until Venture Capitalist exit ...it will be the time to exit also.......of course in between there will be some profit taking lor.....for swing traders also can swing lah...........my 2cts comment...........ha ha ha

Posted by smallfish111 > 2014-03-19 17:37 | Report Abuse

gogo prtasco

林俊松

6,902 posts

Posted by 林俊松 > 2014-03-19 22:41 | Report Abuse

Hold Protasco for long term, then u shall b rewarded.
Dun worry about daily fluctuation.
RM2.15 is my target price!

almufathal

1,360 posts

Posted by almufathal > 2014-03-19 22:53 | Report Abuse

2.15 only....i think rm3 also cam go...

林俊松

6,902 posts

Posted by 林俊松 > 2014-03-19 23:06 | Report Abuse

Wow, really so hiong?

mjy88

146 posts

Posted by mjy88 > 2014-03-19 23:46 | Report Abuse

i have been keeping PRTASCO at 0.916...more than 100% return now, plus all the dividend i received all these years...a very good counter! Stable even after Tabung Haji sold their stake.

lcng123

1,110 posts

Posted by lcng123 > 2014-03-20 00:21 | Report Abuse

i bought protasco at 90sen, then sold out at rm1.19, and then bought back at rm1.40. may be will sell out at above rm2.00. i bought back because of it's property project, and plan to sell out because it plan to involve in oil and gas.

sephiroth

14,125 posts

Posted by sephiroth > 2014-03-20 09:30 | Report Abuse

$$$$$$$$$$$$$$$$$$$$$$$

mk88

986 posts

Posted by mk88 > 2014-03-20 09:45 | Report Abuse

join the party and huat huat

sephiroth

14,125 posts

Posted by sephiroth > 2014-03-20 09:47 | Report Abuse

gonna break 1.90 soon

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-03-20 09:55 | Report Abuse

Aiyo SEph...you look like very kan cheong leh...man man lai hor...long way to go mah.....ha ha ha

Posted by smallfish111 > 2014-03-20 09:59 | Report Abuse

prtasco rocks

Amao Mao

205 posts

Posted by Amao Mao > 2014-03-20 09:59 | Report Abuse

Wah lau no adjustment one, for 3 consecutive days liaw...

beverley96

225 posts

Posted by beverley96 > 2014-03-20 10:00 | Report Abuse

bravo for this stock~~thumbs up

almufathal

1,360 posts

Posted by almufathal > 2014-03-20 10:10 | Report Abuse

sudah mariiiiiii!!!!

almufathal

1,360 posts

Posted by almufathal > 2014-03-20 10:40 | Report Abuse

sudah pergi pulakkkkkkkkkkkk!!!!!

kllee

173 posts

Posted by kllee > 2014-03-20 10:45 | Report Abuse

hopefully can break 1.90 .

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-03-20 10:58 | Report Abuse

Aiyo .....look like today hard to break 190 liao.....market sentiment not good from Fed meeting leh....then have to wait liao lor.....ha ha ha

mk88

986 posts

Posted by mk88 > 2014-03-20 11:08 | Report Abuse

if big funds are buying 1.90 and 2.0 also no problem

if plain goring and contras, then tough lar

huat huat arrr

skyhigh

62 posts

Posted by skyhigh > 2014-03-20 14:16 | Report Abuse

remember that private placement entitlement yet to annouce...more to come i guess.

mk88

986 posts

Posted by mk88 > 2014-03-20 14:30 | Report Abuse

still waiting for free warrant too.

huat huat

skyhigh

62 posts

Posted by skyhigh > 2014-03-20 14:34 | Report Abuse

that's right, nothing to lose just wait...

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-03-20 15:33 | Report Abuse

Aiyo mk88......got free warrant meh.......when can get ha?......I didnt read long story leh.......ha ha ha

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-03-20 16:12 | Report Abuse

dragonslayer Aiyo ...... gravestone doji is forming liao........mau cabut dulu lor.........buy back later date........ha ha ha

mk88

986 posts

Posted by mk88 > 2014-03-20 16:17 | Report Abuse

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

mk88

986 posts

Posted by mk88 > 2014-03-20 16:43 | Report Abuse

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

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-03-20 16:55 | Report Abuse

Aiyo mk88....thanks for your info....aiya...sold some of my one liao......gravestone doji not formed......luckily still left some.....can wait until receive the free warrant.....ha ha ha

spec9888

92 posts

Posted by spec9888 > 2014-03-20 18:41 | Report Abuse

This stock worth to invest as it give out a generous dividend every year.

sosfinance

1,305 posts

Posted by sosfinance > 2014-03-20 18:52 | Report Abuse

This is interesting news. PP of 50m shares assuming @ RM1.60, can raised about RM80m. As for bonus issue, there is no economic benefits to the Company, but retail investors love it. They felt that if the pie is cut into smaller pieces, they can eat more, just a psychological advantage the felt.

Like it or not, Protasco has been the talk of the town lately for its moves.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2014-03-20 19:04 | Report Abuse

why its free bonus warrant until now still haven't approved? Is there possible reject by bursa?

almufathal

1,360 posts

Posted by almufathal > 2014-03-20 19:05 | Report Abuse

mk88...bagi la link....aku cari tak pi jumpa

mk88

986 posts

Posted by mk88 > 2014-03-20 19:19 | Report Abuse

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

almufathal

1,360 posts

Posted by almufathal > 2014-03-20 19:31 | Report Abuse

ohhhh i tot today news....

almufathal

1,360 posts

Posted by almufathal > 2014-03-20 19:32 | Report Abuse

btw...private placement is not for shareholders like us right???

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-20 19:45 | Report Abuse

(b) is not for us
(c) is for us, bonus issue of warrants

almufathal

1,360 posts

Posted by almufathal > 2014-03-20 20:09 | Report Abuse

ok la...free warrant....janji rock

kingleecha

450 posts

Posted by kingleecha > 2014-03-20 23:04 | Report Abuse

hope tomorrow contra win again ^_^

johnny cash

6,400 posts

Posted by johnny cash > 2014-03-21 05:10 | Report Abuse

Protasco Bhd (PRTASCO) - Not Rated------KENANGA----20//03//14
PRTASCO is on the investor’s radar after a research house pointed out that the
road maintenance and construction player’s orderbook which currently stood at
RM709m, may skyrocket to RM1.0b this year. Earnings prospect of PRTASCO
looks promising, with the catalyst coming from both property, and oil and gas
segment. At yesterday’s closing price of RM1.74, the share price was up 10 sen for
the day. Trading volume was notably higher, after it broke above RM1.60 (the
“Saucer Bottom” resistance level). Should follow-through momentum carry the
share price beyond RM1.78 in the near-term, the share price could potentially rally
towards RM1.86 and RM2.00 next. Failing which, we may see a retreat towards the
RM1.60 level where we see strong support.
Outlook Bullish
Key Resistance level RM1.78 (R1) RM1.86 (R2) RM2.00 (R3)
Key Support level RM1.60 (S1) RM1.54 (S2) RM1.44 (S3)
Strategy Not Rated Current Price RM1.74

halopanda

112 posts

Posted by halopanda > 2014-03-21 08:45 | Report Abuse

The free warrants with strike price of rm2.00 will be in the money soon

davidkkw79

5,068 posts

Posted by davidkkw79 > 2014-03-21 08:58 | Report Abuse

when it will issue free warrants? has fixed the date yet?

sosfinance

1,305 posts

Posted by sosfinance > 2014-03-21 14:28 | Report Abuse

MIDF's report looks very positive. TP @ RM2.90. At the moment RM1.80, with upside of about 60%. Good FA with positive TA, downside risk should be protected. With some sweeteners (free warrants coming), worth to take a look. Problem about FA, like what Protasco has been trading at RM1.00 over past few years, now, with catalyst of contruction & development, it falls under strong growth stocks, should accumulate below RM1.80. The market cap today is about RM600m, when it getting near RM1b, lots of fund manager will look for this type of growth stocks, and rerating will follow. Of course, the management MUST deliver the result.

spec9888

92 posts

Posted by spec9888 > 2014-03-21 15:20 | Report Abuse

price consolidate... z z z ...

Posted by Lollipot Anison > 2014-03-21 15:44 | Report Abuse

2.9 2.9! I think it will breach rm2 next week!

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