PROTASCO BHD

KLSE (MYR): PRTASCO (5070)

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Last Price

0.34

Today's Change

-0.005 (1.45%)

Day's Change

0.33 - 0.34

Trading Volume

735,800


16 people like this.

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

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-04-09 10:42 | Report Abuse

Aiyo.......will today the beginning of the major wave 5 instead of this friday.......if yes then good lor......ha ha ha

Amao Mao

205 posts

Posted by Amao Mao > 2014-04-09 10:46 | Report Abuse

Yea good for De Centrum also :D Come to think of it, SOHO only 400k, not too shabby at all :D

Amao Mao

205 posts

Posted by Amao Mao > 2014-04-09 10:47 | Report Abuse

http://www.decentrum.com/ apartment also only 300-500k

dalpinia

2,299 posts

Posted by dalpinia > 2014-04-09 10:57 | Report Abuse

De Centrum almost 100% sold left few units only...imagine, property GP is about 50%....so 2014 would be a good yr for PRTASCO

dalpinia

2,299 posts

Posted by dalpinia > 2014-04-09 10:58 | Report Abuse

Don't forget, many analysis forgot to mention IUKL (Infrastructure University of Kuala Lumpur) which is located in De Centrum is another source of income for PRTASCO

dalpinia

2,299 posts

Posted by dalpinia > 2014-04-09 10:59 | Report Abuse

after MRT line 2 announce there is 1 station, the share will shot up again may be in wave 6/7

dalpinia

2,299 posts

Posted by dalpinia > 2014-04-09 10:59 | Report Abuse

so RM2.90 is no problem for 2014 at all

dalpinia

2,299 posts

Posted by dalpinia > 2014-04-09 11:00 | Report Abuse

De Centrum going to launch new apartment 2H of 2014

dalpinia

2,299 posts

Posted by dalpinia > 2014-04-09 11:00 | Report Abuse

100 acres land in this good location, this stock is still undervalue

dalpinia

2,299 posts

Posted by dalpinia > 2014-04-09 11:01 | Report Abuse

PJD only has less than 10 acres in Batu 9 Taman Suntec which is next to MRT station of line 1, their properties are selling like hot cakes

dalpinia

2,299 posts

Posted by dalpinia > 2014-04-09 11:02 | Report Abuse

Sure, De Centrum will be repeat the same thing

Amao Mao

205 posts

Posted by Amao Mao > 2014-04-09 11:13 | Report Abuse

Today no volume, doesn't seem like a major shoot yet.

mk88

986 posts

Posted by mk88 > 2014-04-09 12:42 | Report Abuse

look like consol over with RHB's buy call
now, all enjoy the upside

Firebird2

1,730 posts

Posted by Firebird2 > 2014-04-09 12:52 | Report Abuse

DeCentrum is a hugh project which will ensure a major boost to the Rev and Profit of Protasco, besides its other main business.

mk88

986 posts

Posted by mk88 > 2014-04-09 13:42 | Report Abuse

7win, can the wave 5 of W3, push the price to 3.00

Posted by Lollipot Anison > 2014-04-09 14:15 | Report Abuse

new TP by RHB. It's a good sign. raise steadily.

Firebird2

1,730 posts

Posted by Firebird2 > 2014-04-09 14:19 | Report Abuse

Once the earnings from the Rm10 billion DeCentrum project starts kicking in, the target price will go much higher.
Lets not forget too, that Protasco has long term maintenance contract for State and Federal roads. What more, the government has plans for another Rm40billion new roads in the coming years, all these mean more excitement for Protasco.

dalpinia

2,299 posts

Posted by dalpinia > 2014-04-09 16:44 | Report Abuse

in short, this counter very potential....buy before too late

wmliang

38 posts

Posted by wmliang > 2014-04-09 19:18 | Report Abuse

sosfinance, who is the new shareholder and his background?

7surewin

173 posts

Posted by 7surewin > 2014-04-09 21:02 | Report Abuse

I feel the wave already started.., hopefully can hit $2.50

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-04-09 21:29 | Report Abuse

Aiyo....wave sifu....you chart reading good leh......like that tomolo sure up up liao lah......correct or not........Friday akan datang liao.......dunno can happen or not leh........hope so lah........ha ha ha

7surewin

173 posts

Posted by 7surewin > 2014-04-09 23:31 | Report Abuse

I expected Yesterday to correct down to 1.89-1.91 to touch the support line, them rebound. That's the first white candle I look for to signal new wave uptrend. Today the second short candle. I predict the long white candle Thurs and Friday. So pray hard.

mk88

986 posts

Posted by mk88 > 2014-04-10 09:17 | Report Abuse

crossing 2.00. hope it will continue the journey as far as possible

sosfinance

1,305 posts

Posted by sosfinance > 2014-04-10 09:18 | Report Abuse

SUSTAINABILITY
1. Government affordable housing project RM700m (3 yrs) /10% = RM23m p.a.
2. Property in Bangi (100acres) De Centrum City GDV RM10 billion (15 yrs)/ 20% RM133m p.a.
3. Road maintenance RM250m p.a. x 15 years /15% = RM35m p.a.
4. O&G guarantee profit RM70m or USD22m (4 years)/RM17.5m p.a.

MOST OPTIMISTIC VIEW (PEAK EARNINGS) = 23+133+35+17.5 = RM208.5M

Analyst TP = RM2.90 x 333m shares = mcap = RM965m
MARKET CAP today about = RM650M
DIVIDEND P.A. = RM33M (DY = 5%p.a.)

Conclusion

Analysts
With downside of DY of 5% (at RM1.95)
Capital Gain (TP) of RM2.90 = 48%

Most optimistic
Most OPTIMISTIC price PE = 12x and PAT RM200m = Market Cap = RM2.4 bio
Capital Gain = 270% = RM7.20

Conservative
Optimistic x 50% = mcap = RM1200m
Upside about RM3.60 or 90%

Worst Case
Optimistic x 30% = mcap = RM800m
Upside RM2.40 or 22%

tewnama

4,251 posts

Posted by tewnama > 2014-04-10 09:20 | Report Abuse

akhirnya sudah bangun cergas

davidkkw79

5,068 posts

Posted by davidkkw79 > 2014-04-10 09:31 | Report Abuse

fantastic day for protasco

Firebird2

1,730 posts

Posted by Firebird2 > 2014-04-10 09:36 | Report Abuse

Thx sosfinance. TP
at the worst = Rm2.40
analyst = Rm2.90
conservatively = Rm3.60
most optimistic = Rm7.20

We are looking at Protasco's present projects and did not factor in what they will continue to get during this period of evaluation, so it could be more than the above.

7surewin

173 posts

Posted by 7surewin > 2014-04-10 09:37 | Report Abuse

Do not sell off . The last surge could not last because it was on consolidation in Wave 4. Now it's time to rebound on Wave 5.

mk88

986 posts

Posted by mk88 > 2014-04-10 09:39 | Report Abuse

sos, I hope for tsunami wave

johnmajor

260 posts

Posted by johnmajor > 2014-04-10 09:48 | Report Abuse

Sell

Amao Mao

205 posts

Posted by Amao Mao > 2014-04-10 09:59 | Report Abuse

Buaya shaking off followers today?

Posted by britishbull > 2014-04-10 11:11 | Report Abuse

Same owner Protasco and Nexgram like mother and son. If Protasco up Nexgram up. If Protasco up $0.90 to $1.50, Nexgram up $0.09 to $0.15. So Protasco up $2.90 Nexgram follow $0.29?

iafx

4,632 posts

Posted by iafx > 2014-04-10 11:18 | Report Abuse

not the same, single biggest stakeholder is #1 Yap, #2 LTH. nexgram obviously way over bloat.

Ant

1,504 posts

Posted by Ant > 2014-04-10 13:26 | Report Abuse

bough in

sosfinance

1,305 posts

Posted by sosfinance > 2014-04-10 13:58 | Report Abuse

FA (with visibility, sustainability & growth) + TA (some say good time to buy) + Popularity (being noticed and talk about and gradually attracting analysts & fund managers) = Reasonable Gain 30%-50% within a year.

Firebird2

1,730 posts

Posted by Firebird2 > 2014-04-10 14:06 | Report Abuse

Thx sosfinance, that's a good way to visualize it, for someone who is working and desire to have a long term portfolio that makes reasonable gains and without the hassle of moving in and out that requires time and constant monitoring.

7surewin

173 posts

Posted by 7surewin > 2014-04-10 16:07 | Report Abuse

Any idea what monkey Bness is going on? Pushed to 2.03 then all the down to 1.97??? Dsonic has faithful following bcos the operator don't screw the investors. The operator in Prtasco is going to lose support if it plays out the investors this way.

Firebird2

1,730 posts

Posted by Firebird2 > 2014-04-10 16:11 | Report Abuse

Looks like have to wait again for the tsunami. Must be big enough to carry it over Rm2.00 and beyond

Amao Mao

205 posts

Posted by Amao Mao > 2014-04-10 16:37 | Report Abuse

Volumes built starting 22 Jan, now experiencing 2 boxes since 21 Feb and 20 Mar, seems a month a box :) Be patient.

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-04-10 16:45 | Report Abuse

Aiyo....wave sifu...sikalang macam mana.....I still waiting for major wave 5 to come leh....can happen or not.....looking forward to surf it leh.......ha ha ha

Firebird2

1,730 posts

Posted by Firebird2 > 2014-04-10 16:49 | Report Abuse

Amao, what mean 2 boxes?
Dragon, aiyo, big wave come, sifu also lost balance leh

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-04-10 16:59 | Report Abuse

Aiyo Amao......good wo.........can identified the boxes formed.....hope it can move up as we all expected lah.......finding boxes is not that difficult leh.......dunno inside got matches or not leh.......ha ha ha

Amao Mao

205 posts

Posted by Amao Mao > 2014-04-10 17:00 | Report Abuse

If you see the graph, since volume built up from January, it is about a month for a specific price range to hover before breaking to next phase. The relative volatility of similar price is like encased in a range of box. The 2 boxes I can see are like starting from 20 Feb till 18 March, and another one around 18-20 March

Firebird2

1,730 posts

Posted by Firebird2 > 2014-04-10 17:17 | Report Abuse

Amao, is Protasco now out of any box? And ready for breaking out and going up before entering box 3? Thx Amao.
Aiyo dragon, we need more fire ma..... no fire no one see. must be fiery and with fury

Amao Mao

205 posts

Posted by Amao Mao > 2014-04-10 17:20 | Report Abuse

Nobody but big players know, last few iterations are roughly a month though. Like what many opinions here suggested, the stock is healthy, if you aren't playing Contra, just be patient.

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-04-10 17:20 | Report Abuse

Aiyo Fire....then must find the box with matches lar....then only can start the fire mah........ha ha ha

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-04-10 17:23 | Report Abuse

Aiyo Amao....this company FA...i dun worry lah....got FA sifu put up advertisement liao mah....loud and clear.....not scare lah.......still waiting for the wave sifu to bring us to surf the major wave 5 nie nie.....ha ha ha

Firebird2

1,730 posts

Posted by Firebird2 > 2014-04-10 17:34 | Report Abuse

Amao, alrite, got it, understand well, thx.
Aiyo dragon, you no patient, before sell fast, now buy back, need wait a bit,, wave also not yet come, you want go surf

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-04-10 17:42 | Report Abuse

Aiyo Fire....not yet buy leh......waiting for the real major wave 5 confirmed baru masuk leh.....fund park at other place first......will switch back if final wave coming lor......ha ha ha

redwed

335 posts

Posted by redwed > 2014-04-10 18:38 | Report Abuse

http://i.imgur.com/f41pXPr.png

This is Prtasco weekly period. From 10 april 2013 until 7 april 2014. Kindly refer last candle: it's forming a spinning top. It is indecision time. Any other comment worth noting?

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