PROTASCO BHD

KLSE (MYR): PRTASCO (5070)

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Last Price

0.33

Today's Change

-0.01 (2.94%)

Day's Change

0.33 - 0.33

Trading Volume

90,500


16 people like this.

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

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-03-25 09:54 | Report Abuse

Aiyo .........my bal one @1.64.....waiting to cross RM2 lor.......ha ha ha

xiaoloh

7 posts

Posted by xiaoloh > 2014-03-25 14:13 | Report Abuse

dont break first.... still accumulating ...

林俊松

6,930 posts

Posted by 林俊松 > 2014-03-25 14:50 | Report Abuse

Last minute show again, RM2 later!

sephiroth

14,146 posts

Posted by sephiroth > 2014-03-25 14:51 | Report Abuse

yesterday cabut 1.96 liau, 30% profit ok ma

林俊松

6,930 posts

Posted by 林俊松 > 2014-03-25 14:54 | Report Abuse

sephiroth, I tot u said RM2.15?
What do u think about yeelee?

sephiroth

14,146 posts

Posted by sephiroth > 2014-03-25 15:06 | Report Abuse

lim, i lock in profit first, mkt always u-turn

yeelee full yr eps 18.96 sen PE 10X ok la tp 1.89
some negative stuff, 136m receivables n borrowings 103m

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-03-25 15:32 | Report Abuse

Aiyo....Seph...you ran liao ha.......show finish liao meh.......like that how to get free warrant....wanna keep or not.....aiya....pening kepala leh......ha ha ha

Posted by baiyuensheng > 2014-03-25 15:55 | Report Abuse

This babe will up to 2.5

mk88

986 posts

Posted by mk88 > 2014-03-25 16:47 | Report Abuse

profit taking, correction and consolidation is good

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-03-25 17:09 | Report Abuse

Aiyo........just 10ct only can reach RM2 ...number start with 2 is always better than 1 lor........can keep or not......or correction further.........must guess correctly leh........else profit all gone liao lor........and have to wait for another cycle liao.........hope the wave will contnue lor.......just wait lor........ha ha ha

tewnama

4,251 posts

Posted by tewnama > 2014-03-25 17:11 | Report Abuse

ini saham kena simpan jangka panjang. mesti ada rezeki. cuba sekurang kurang nya 6 bulan tengok

iafx

4,632 posts

Posted by iafx > 2014-03-25 17:21 | Report Abuse

today consider quite stable, good sign

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-25 18:56 | Report Abuse

tewnama, I am keeping and waiting for some good news, maybe more dividends, new projects, improved earnings. hope all materialize.

林俊松

6,930 posts

Posted by 林俊松 > 2014-03-25 19:26 | Report Abuse

sephiroth, ok thanks.
I will continue to hold protasco.

sosfinance

1,305 posts

Posted by sosfinance > 2014-03-25 21:35 | Report Abuse

They cleared the confusion on the O&G acquisition, as stated in The Edge this week. I think correction is better than up up all the way. Disregard the O&G, Protasco do have about RM200 million in cash, which can be put into good us for the construction and property development. Lets wait for them to announce the private placement and bonus on the warrants. Like Uzma, after the announcement for the rights issue at a steep discount (70%), the price went up another 5%-10%, even though the issue benefits the major shareholders more than the company. Theory doesn't work in this world.

spec9888

92 posts

Posted by spec9888 > 2014-03-25 21:37 | Report Abuse

Profit taking is normal, bought at low, sell at peak

林俊松

6,930 posts

Posted by 林俊松 > 2014-03-25 21:46 | Report Abuse

No worry, analyst gave TP RM2.90.
Plenty space to go.

mikekong55

4,805 posts

Posted by mikekong55 > 2014-03-25 22:15 | Report Abuse

LIM. TP can be 5 years later loh.

林俊松

6,930 posts

Posted by 林俊松 > 2014-03-25 22:16 | Report Abuse

Uncle Mike, any stock to recommend me?

iafx

4,632 posts

Posted by iafx > 2014-03-25 22:38 | Report Abuse

sosfinance, that's bloody correct... hahahaa

Posted by Lollipot Anison > 2014-03-26 08:25 | Report Abuse

my forecast - rm 2 by end of this week

mk88

986 posts

Posted by mk88 > 2014-03-26 09:17 | Report Abuse

wow, just one day correction, fly again
see 2.0 today?

tewnama

4,251 posts

Posted by tewnama > 2014-03-26 09:18 | Report Abuse

1.94 sekarang. naik 4 sen. cantik

davidkkw79

5,068 posts

Posted by davidkkw79 > 2014-03-26 09:18 | Report Abuse

protasco is unstopable !

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-26 09:23 | Report Abuse

Some news on today's STAR, expansion into Nepal.

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-03-26 09:24 | Report Abuse

Aiyo.....still like that ding dong again today......with low vol........how to move to RM2.......need to push again.......ha ha ha

sosfinance

1,305 posts

Posted by sosfinance > 2014-03-26 10:46 | Report Abuse

1. If you notice, the price move upwards when he volume is above 3,000,000 units. It would be flat, if the volume just above 1,000,000.

2. Protasco did the right thing to explain the concern of O&G in the Edge. Based on the new structured deal, the risk is mitigated. Definitely better than SPACs which has no assets yet. And the entry cost of USD22m is a good start, only about RM70m, not major impact to the company with a market cap about RM600-700m.

3. Positive news from Nepal in today's Star. Few catalysts pointing that this stock is really expanding and the EPS will be growing with a healthy rate, with strong cash flow, resources will be well used.

4. From a business perspective, the GROWTH is good (10% at least), it is UNDERVALUED on ground of low PE for 2014 and 15 is at single digit.

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-26 11:05 | Report Abuse

There are significance in the Nepal venture.
1.Cooperating in the engineering field, means more students from that region to Protasco's tertiary education set up, and growth can be seen from it.
2.The setting up of a hotel, means construction business for Protasco and an expansion into that region. I am not sure if the hotel will be owned by Protasco, jointly owned or any arrangement, it will be good to know later when the details are out.

Definitely undervalued. Thx sosfinance

Amao Mao

205 posts

Posted by Amao Mao > 2014-03-26 11:46 | Report Abuse

Hemm, maybe dividend will up also? Hee, 8 cents for a RM2 stock is much less desiring (but still might be the highest yield in Malaysia companies...)

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-26 11:53 | Report Abuse

I started investing in Protasco when it was Rm1.00. There was a year Protasco paid a special dividend of 10cents besides the regular dividend. Protasco pays dividends twice a year. In May and Aug announcements. Consider high among companies. go long

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-03-26 12:09 | Report Abuse

Aiyo ...so how...vol coming or not.....no vol......share price dun move one.....so push or not.....let me know leh......hold too long later correction come ....no profit liao lor.....ha ha ha

Posted by Noraini Ismail > 2014-03-26 12:18 | Report Abuse

Aiyo Dragon...."spinning top" sudah keluar...reversal sign down if continuous profit taking.....

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-26 12:19 | Report Abuse

Aiyo dragon, TP 2.90 ma, how? sell or not, and what your tp I don't know leh, not push so hard la, after nnnggggg, shit also out ha ha ha

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-03-26 12:49 | Report Abuse

Aiyo FB2.....itu TP 290...reporter give one ha......can hit so fast meh.......maybe end 2014 after shows improvement QR continuously lor......else.......susah sikit lor.......aiya.....kena spinning top......my head also spinning liao lor......ha ha ha

林俊松

6,930 posts

Posted by 林俊松 > 2014-03-26 13:41 | Report Abuse

Protasco last minute push to RM2.
We shall see show later on.

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-26 13:49 | Report Abuse

Aiyo dragon, Rm2.90 is not so far away lo, just one good catalyst will make it cross Rm2.00. With Protasco expanding everywhere, its business dynamics will move it to another level ma. If you see one company after 6 years, corporate activities also cannot fill one page, you will run lo, now, this fella, continues with so many good projects, don't need spin head la.
1.Roads and mtce, Govt planned Rm40bil road projects
2 Decentrum, shopping complex, office, condos, Uni
3.Construction/ Properties
4.Education
5.OnG
Etc
Aiyo, not your head spin, so many project, my head also spin ah

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-03-26 14:35 | Report Abuse

Aiyo FB2.....company can or not......got good human capital or not.......so diversified......one or two division mismanaged only.......can cost a bomb wo.....btw...still hope to cross RM2 lor.......ha ha ha

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-26 14:45 | Report Abuse

Aiyo, dragon, other than OnG, all these their bread and butter business for so many years ma. We own so little shares, already worried, directors own so much of the company, they cant let it kaput ma. Not so long ago, was hovering around 1.40-1.50 for long time, now 1.90 is consider not move much ma,, so cross 2.00 and more only say wah wah walaoeh. ha ha ha

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-03-26 14:52 | Report Abuse

Aiyo FB2.......you very optimistic leh.......BURSA full of buaya mah....must be alert a bit lor....later kena swallow ......then how.....Venture Capitalist.....is like a buaya juga.....just be cautious lor........Lowest entry cost only RM1.20 if not wrong......pls double check......ha ha ha

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-26 15:02 | Report Abuse

Aiyo, dragon, invest with own confidence ma, not ship head afraid hantu, ship tail afraid robber ma. Now PE less than 9 and so good prospect still scaredy cat meh. You see some counter more than PE 30 and more expensive, every day, long buy q la. ha ha ha

davidkkw79

5,068 posts

Posted by davidkkw79 > 2014-03-26 15:07 | Report Abuse

Aiyoyo~kamu berdua aiyoyo sini sana....sangat funny ah

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-03-26 15:10 | Report Abuse

Aiyo FB2.....PE le than 9 ...a lot in BURSA lor.....just too bad not noticed by ppl nie nie.....hope VC not so fast jump ship lor.....VC got history punya pasal.......enuf $$.....will check in other ship lor......ha ha ha

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-26 15:19 | Report Abuse

aiyoyo, david, chit chatting ma

aiyo dragon, PE less than 9 a lot yes la, but money you spent to buy make sure got prospect ma. Same if spent money buy Suzuki100, Yamaha120, then get kapcai pickup and speed, sure no lor. PE 9 and 1.90 still got value for Protasco ma, once pick up and speed can go long way ma..

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-03-26 16:56 | Report Abuse

Aiyo ......ding dong whole day....... and .....back to square one.......spinning head liao lor.....ha ha ha

spec9888

92 posts

Posted by spec9888 > 2014-03-26 17:03 | Report Abuse

Signal to take profit ?

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-26 17:04 | Report Abuse

Cool down, some want to have some profits first, then it will go on its journey again, I think it can be more than 2.0

Firebird2

1,730 posts

Posted by Firebird2 > 2014-03-26 19:45 | Report Abuse

This is good news as more jobs comes in. Chances of regional expansion, increased business activities are good. Building a global presence.

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-03-27 10:44 | Report Abuse

Aiyo....so how....no vol .....seems like going into consolidation mode liao......ha ha ha

林俊松

6,930 posts

Posted by 林俊松 > 2014-03-27 14:48 | Report Abuse

Protasco really testing my patient.

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