Posted by tonylim > 2012-12-29 00:55 | Report Abuse

hmmnn,,, interesting

Posted by KC Loh > 2012-12-31 11:26 | Report Abuse

should go down since gearing increase and dilution of shares coming!

http://klse.i3investor.com/blogs/valueinvestorresearchklse/22920.jsp

Posted by mk88 > 2012-12-31 21:02 | Report Abuse

All oil companies involved heavy investment and gearing. I think not much interest in the share today as most investors and fund managers will want more info on the oil company before making any investment decisions

Profit guarantee of US 50m looks interesting to safeguard the investment but investors need more info on its oil reserves and concession period

Posted by trustylicious > 2013-01-03 09:41 | Report Abuse

0.975 fair price to enter?

Posted by mk88 > 2013-01-03 21:42 | Report Abuse

i have been buying, .975 will take some time to hit if there is further correction.

the price below 1.0 is safe vs Tey, Nexnation price of 1.20.

Posted by pjforsuccess > 2013-01-11 11:01 | Report Abuse

why this counter not active ?

Posted by mk88 > 2013-01-13 15:53 | Report Abuse

3 major shareholders plus Tabung Haji already holding 70%, not to mentioned some other funds. Average dividend per year is 10% but this year is exceptionally high likely 14% (due to increasing profit)

New major shareholder, Tey, Nexnation is still buying from the market.

The shares are tighly held and not active.

I expect the share to burst up once the oil and gas business is secured within 6 months.

Pjforsuccess, my advise is accummulate below RM1.00

Posted by pjforsuccess > 2013-01-14 09:43 | Report Abuse

thanks to u mk88

Posted by kai8994 > 2013-01-24 10:41 | Report Abuse

Just to share some info on the O&G deal.

http://cgmalaysia.blogspot.com/2013/01/protascos-puzzling-purchase.html

Posted by mk88 > 2013-01-28 12:23 | Report Abuse

cgmalaysia comments are fair as the venture lack crucial information

hope, more info on the venture will be released soon for serious investors

nevertheless, i think the venture is positive

1. i dont think the existing shareholders will want to slay the hen that lays golden eggs. dont you think so?

2. black oil price is good and have only one direction, that is up and up. that is good business

Posted by pandamental > 2013-01-30 23:14 | Report Abuse

When you are in US and CHINA control oil business, price is up, margin is high, gold egg becomes diamond egg. Only strong player can play this expensive game so barrier of entry is super high, means super safe. Unfortunately such good business Malaysia all sapu already, oversea is the only chance for Malaysia players. Same like our talent, Malaysia cannot perform, so perform oversea. Nothing so special.

Posted by pandamental > 2013-01-30 23:25 | Report Abuse

Funny Malaysia such a big money flowing in Petronas which belongs to you, a Malaysian, where is the transparency of all the deals and money goes? Too big fiasco nobody bother to question? Small company hit jackpot entering oil business trying to keep quite, people ask question. Lets see if they perform, too early to tell.

Posted by netcrok > 2013-02-20 10:52 | Report Abuse

Hi kai8994, thanks for the info.
Look like need to wait before enter into this counter.

Posted by mk88 > 2013-03-06 19:22 | Report Abuse

i noticed the major shareholders kept buying the shares. any reasons? pandamental or anyone

Posted by tonylim > 2013-03-21 11:52 | Report Abuse

.

Posted by mk88 > 2013-03-21 19:19 | Report Abuse

RM1.08 already, did you guys buy any
I will buy somemore when the price is right

Posted by yipgusing > 2013-03-21 23:11 | Report Abuse

mk88 , still can buy in ? i bot some at 0.975

Posted by mk88 > 2013-03-22 20:02 | Report Abuse

Yipgusing - good that you bought some

the price is going up everyday, and technically strong

not sure about the overall market sentiment, with election round the corner

good time to buy when there is a correction due to election fears. previously, i recomended buy below rm1.00, now not sure whether can get such good price

Posted by mk88 > 2013-03-25 17:08 | Report Abuse

inching up, 1.11

Posted by Mohd Ridzuan Othman > 2013-03-26 07:44 | Report Abuse

2nd resistant 1.27....

Posted by longhold > 2013-03-26 22:13 | Report Abuse

long term profit double price double but nobody notice. discount month to month, end march 1.30 end june 1.50 end september 1.70 december 2.00

Posted by longhold > 2013-03-28 12:39 | Report Abuse

protasco ipo 1.10 business and profit up 200% price still 1.10. dividend if up 200% double bank income. do maths.

Posted by avucin > 2013-03-28 13:10 | Report Abuse

profit up 200%??? mana2 jangan pakai cakap suka2

Posted by anbz > 2013-03-28 13:12 | Report Abuse

how do u get to that number 200%??? i bet u got D for your Math huh? hehehe

Posted by tonylim > 2013-03-28 14:19 | Report Abuse

Longhold,
Can you summarise in simple terms yr 3 postings above.
What IPO

Posted by mk88 > 2013-03-28 15:32 | Report Abuse

up 1 to 2 cts everyday, nice

Posted by mk88 > 2013-03-30 19:03 | Report Abuse

share consolidation and profit taking is an opportunity to buy

Posted by PaulinaYong > 2013-03-31 00:42 | Report Abuse

Dear INVESTOR...
Finally i have SPOT NEXT WIN BIG STOCK.
I must say that Target Price for this stock is RM2.35 and above after scanning using my Trading Tool this stock uptrend is not dirupted by last FRIDAY price drop.
the UPTREND is still clear and i put my name and reputation as an Investment book author to said that this stock is another Superb stock.

Thank You

Pauline Yong

Posted by PaulinaYong > 2013-03-31 00:44 | Report Abuse

http://paulineseconomicsforum.blogspot.com/

Posted by kelvintcg > 2013-03-31 16:45 | Report Abuse

Yes, I agree. Prtasco is a growth stock,really safe and worth to buy at current level. The stock is undervalued and cash rich. That's why the company buy back its own shares almost every day.Although Protasco profit is about 12 cents and it manage to pay out more than 10 cents dividends. Why so generous ? I think more good news are to be announced..

Posted by PaulinaYong > 2013-03-31 21:43 | Report Abuse

Dear INVESTOR..

Do you know KLIUC is under PROTASCO management?

Posted by anbz > 2013-04-01 00:15 | Report Abuse

don't u realized that the directors like to play..when they disposed, the company executed share buy back...pancing... tell me why u get 12 cents , but still want to dispose????

Posted by anbz > 2013-04-01 00:19 | Report Abuse

by the way the dividend of 10 cents hasn't been announced yet, isn't it ..? but its in the quarter financial result??? no proposal and no announcement , how come?

Posted by anbz > 2013-04-01 00:20 | Report Abuse

or u're talking about '2012'...so mati...jaga

Posted by arv18 > 2013-04-01 02:43 | Report Abuse

Eh?

This is a road maintenance co. that spent half its cash on a strange O & G purchase in Aceh?

Has no experience in O & G.

Now its using the remaining half of cash for a massive buyback?

What on EARTH is going on here?

Posted by mk88 > 2013-04-01 17:10 | Report Abuse

Similary, when Tony Fernandez takeover Airasia at RM1 which business was kaput during DRB period, many people including me also thought he was nutty to takeover. I surely wont invest in that company.

Then, more than a decade ago, Tony has no prior experience in airline business, little savings compared to mega investment in airline, I dont think he has the hundred millions to run the business, one B737 alone cost easily RM100m or so? and mind you, he is running a low cost carrier charging low cost fares, how to repay bank borrowing, what else....

Now, what happen to him, He hit jackpot, so successfull, top 15 richest guy in the country. He took off literally...

Sometimes in business, the company need to take some risks, calculated risks to grow. No risks, no gains

Posted by arv18 > 2013-04-01 17:49 | Report Abuse

Hmmmm. Not a fair comparison my friend. Not even close.

Protasco is a very profitable company, low gearing, good dividend. Then suddenly O&G? Whats up?

It seems like they haven't concluded due diligence either. Red flags everywhere.

http://cgmalaysia.blogspot.com/2013/02/protasco-bfm-interview.html - for further info.

I fully agree. Nothing ventured, nothing gained. But this is way to fishy for my liking. You don't suddenly go into O&G with no experience. Especially when you have so much to lose. Why put yourself and shareholders at risk?

Tony had nothing to lose! There was almost nothing to begin with at AirAsia....

Posted by sephiroth > 2013-04-02 10:28 | Report Abuse

Company share buyback

19/3- 200,000 shares, 20/3- 300,000 shares
21/3- 400,000 shares, 25/3- 500,000 shares
26/3- 1,000,000 shares, 27/3- 2,763,000 shares
28/3- 1,848,000 shares, 29/3- 1,000,000 shares
1/4 - 2,000,000 shares

Something big gonna happen???

Posted by weechin53 > 2013-04-02 10:56 | Report Abuse

hope so

Posted by Robert123 > 2013-04-02 18:11 | Report Abuse

2/4/2013 another share buy back 1900,000. Just to share.. First, let's look at how a stock-repurchase plan works and why a company may choose to buy back its shares.

If a company's board of directors decides that it wants to repurchase some of the company's stock, it authorizes a maximum dollar amount of shares to be repurchased.

Just because a buyback program is authorized, it doesn't mean that the company must repurchase the shares.

Just like any investor, the company will buy shares when the price is right.

After the company purchases its stock, the shares are then held as what's known as treasury stock.

By repurchasing stock, the company essentially reduces the number of shares outstanding.

Companies may choose to repurchase their stock for several reasons. One reason is that buying back some of the shares will boost the company's earnings per share.

When fewer shares are outstanding, earnings per share will rise because there are a smaller number of shares over which to distribute the earnings (profits).

A stock-repurchase plan can also signal that a company has excess cash available.

When a company chooses to use its excess cash to repurchase shares of its own stock, it may be because the company may think the shares are selling below a level that they're actually worth.

This sends a signal to investors that the company thinks its own stock is the best investment it could make. When the company buys back its own stock, it forgoes investing in other securities or making additional capital investments.

A stock-repurchase program also can be implemented to acquire shares for management and employee incentive plans, including stock options and stock-purchase plans, or for employer contributions to a 401(k) or other qualified retirement plan.

Many businesses that are expanding do so through mergers and acquisitions. Companies initiate stock-repurchase plans to build currency for acquisitions.

A company would increase its amount of treasury stock so that it could use those shares to acquire another company. For this reason, a stock-repurchase program could be considered a sign of growth.

A company announces stock-repurchase programs for a variety of reasons, such as funding employee retirement or to increase earnings per share. It is important as an investor to be aware of reasons for a repurchase announcement so that you can be prepared for how it might affect your investment.

Generally, company stock-repurchase plans are good news for investors in companies repurchasing their stock.

Stock repurchases can be a sign that a company is financially healthy. Thus a buyback program also often results in an increase in the price of the stock.

However, to maintain that increased price level, a company's financial results must live up to the expectations that the repurchase announcement seems to signal.

You should continue to monitor the company's performance through your financial consultant to ensure that it continues to meet your expectations.

Posted by mk88 > 2013-04-03 19:26 | Report Abuse

dropped for 5 straight days, rebound soon? good to nibble

Posted by sephiroth > 2013-04-04 09:41 | Report Abuse

Why no IB cover this counter??

Posted by Mars > 2013-04-04 15:56 | Report Abuse

fly...

Posted by Mohd Ridzuan Othman > 2013-04-04 22:28 | Report Abuse

kasi pecah resistant 1.15

Posted by necro > 2013-04-04 23:16 | Report Abuse

Need resistance becoming support...

Posted by mk88 > 2013-04-05 07:48 | Report Abuse

support 1.00 & resistance 1.15

Posted by necro > 2013-04-05 08:38 | Report Abuse

RM1.00?

Posted by necro > 2013-04-05 08:42 | Report Abuse

RM1.00?

Posted by sephiroth > 2013-04-05 09:21 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1191037

Posted by necro > 2013-04-05 16:44 | Report Abuse

1.02 KEKAL BOOM