Fromthe chart standpoint, Prtaso is poised to fly and with the new of dividend and free warrant, I dont know how far it will go. I am begginning to believe the TP of $2.90 is probably one month away....
If the chart shows uptrend and pointing to Rm2.90, theres good possibility as both the dividends and bonus warrants will push it forward. Possible by mid May? dividends announcement is around that time.
On Elliot wave , its on major wave 5 of Major wave 3. and its only the beginning.....usually prtasco moves 4 days in a row with 3rd day correction before moving further...I saw this trend for the last 3 rises. I am askingmy gf to sell other tidur share and buy Prtasco....at least for the dividend which is good
The 4 days will be this major wave 5 of major wave 3? So there will be like major wave 4, wave 5 ? Its beginning as today it did move up a lot compare to the past few days, so it will be till Friday, we expect it to go up more for this wave 3
wave 4 over...now beginning wave 5...wave 4 is downwards, wave 5 is usually major and uptrending....today just first day...yesterday not included eventhough white candle. So far I use MACD, STOCHATIC AND RSI ..all 3 together to enter, wah very very chun.....prtasco is one example. Another which I just entered today is MAICA....CHECK IT OUT. Dsonic is also on Wave 5...just begining.
sorry I meant after minor wave 5 of Major wave 3, be careful of downtrend Major Wave 4....buy cheap the and wait for Major Wave 5... make money man...lets experientment here and see I correct or not. I will post when I exit wave 5. Then enter at Wave 4....lets see...enjoy the surf.
Aiyo.......I sold too early liao..........missed yesterday high..........aiya..........better learn to surf wave liao lor......else miss the wave again.........ha ha ha
Aiyo....I haven't learn surf the wave leh.....very risky lompat surfing board lor....need to take safety precaution first mah............learn then surf lor........aiya.....wave 4 coming or not......if yes........then lompat surfing board lor.........ha ha ha
Posted by Firebird2 > Apr 1, 2014 04:58 PM | Report Abuse Expect to hear more from the company. Next month will announce dividends. Hope the PP and the 1:10 free warrants date will be set too. All good.
Tony, Dividend as previous year is announced in May. The PP and 1:10 free warrants date is yet to be announced, we are all waiting. Step by step is getting better and better, price also getting higher and higher.
Dsonic forecast profit in 2015 is RM110m Protasco forecast profit in 2015 is RM102m
Dsonic market cap today is RM3,200 m Protasco market cap today is RM660 m.
The operators in Dsonic should switch to Protasco. Am sure it is not difficult for Protasco to do a share split, more bonus issue, rights issue, and announces multi billion contracts.
1.Although my view on share split or bonus issue (slicing the same pie into smaller pieces) will not enhance the company's economic value, but the public seems to take it differently and most of the time positively. (Many years back, for any company to issue bonus issue, one of the important condition is that they have improvement in their future earnings, today, they don't need it)
2. Similarly, the public take it very positively when a company have a rights issue at a steep discount disregard whether the additional economic that the rights issue will bring, an at what price.
3. This is one of the reasons why the market is inefficient. It is more sentiment driven, i.e. irrational. But in the long run, like the second board previously, it will come back to its senses. That may takes awhile.
4. The operators come and go. Bursa should set up awards for best operators in town, at least not only they are financially rewarded, they should be recognised for their hard work.
expect the share price to consolidate and down but up 2 cts, 2.02, what a good day
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Posted by 7surewin > 2014-04-01 12:02 | Report Abuse
so is my tp correct ah? $2.20 first cut,....then $2.90???