Posted by tjhldg > 2014-07-26 15:57 | Report Abuse

kikikiii

Posted by nich0las > 2014-07-26 22:32 | Report Abuse

Selamat Hari Raya to all muslim fren.

Posted by chloe_ts > 2014-07-26 23:22 | Report Abuse

tj, you have prtasco? =)

Posted by promaxsam > 2014-07-27 01:15 | Report Abuse

http://www.chinapress.com.my/node/546533

Posted by sosfinance > 2014-07-28 19:14 | Report Abuse

In near term (one or two years), contribution from oil and gas is insignificant. The main contributor to the growth is De Centrum. MRT Line 2, one of the station is Uniten, smack in the 100 acres land Protasco owned. Upside should be good.

Posted by wmliang > 2014-07-28 20:33 | Report Abuse

Sosfinance, how far between mrt line2 (uniten station) and de centrum?

Posted by promaxsam > 2014-07-28 20:50 | Report Abuse

limit up wednesday , new tp 2.90 by midf

Posted by sosfinance > 2014-07-29 08:58 | Report Abuse

Uniten, is a university belongs to Protasco, which is on their 100 acres of land.

Posted by TeyPorYee > 2014-07-29 10:08 | Report Abuse

Posted by sosfinance > Jul 29, 2014 08:58 AM | Report Abuse

Uniten, is a university belongs to Protasco, which is on their 100 acres of land.

---------------------------------------------------------------

Aiya, sosfinance, get your facts right can ar??

Uniten belongs to TNB okay ??? Universiti tenaga nasional

Prostasco owns IUKL, infrastructure university KL !!

Don't act like an expert if you're not.

Not quality comments from a no quality investor.

http://www.protasco.com.my/v2/index.php/education.html

Posted by tonylim > 2014-07-29 11:11 | Report Abuse

\hahaha tey por yee is here

Posted by sosfinance > 2014-07-29 11:27 | Report Abuse

Sorry wmliang, Uniten belongs to TNB and IUKL belongs to Protasco. They are 1.9km away from each other. The MRT Line 2, indicates Uniten as one of the station, not sure the how far from IUKL. TeyPorYee, my apology, you are right, you are the expert man!

Posted by tjhldg > 2014-07-29 23:36 | Report Abuse

hi chloe , ya ... this 1 can simpan la ... turun tambah la ... kikikii
tony .. lu hor bo ? long time no see ... wu bo this ? ... buy la :)

Posted by cva603 > 2014-07-30 17:35 | Report Abuse

so TeyPorYee wanna buy back or not?

Posted by bull9395 > 2014-07-31 08:43 | Report Abuse

all these major shareholders buy and sell just to show you opporsite. they sell you buy.

Posted by nich0las > 2014-07-31 11:30 | Report Abuse

who is selling the share again? Mr.Tey? =.='

Posted by davors > 2014-07-31 11:34 | Report Abuse

prtasco has business in Libya and Libya not doing good recently...

http://www.politico.com/magazine/story/2014/07/libyas-descent-into-hell-again-109562.html

Posted by yongyou > 2014-07-31 11:36 | Report Abuse

then dont touch on this counter

Posted by nich0las > 2014-07-31 11:37 | Report Abuse

luskily got huge support! kiss kiss..

Posted by sosfinance > 2014-07-31 16:33 | Report Abuse

@davors, I remember reading somewhere that Protasco has written off its investment in Libya about RM40 million few years ago. Please double check.

Posted by promaxsam > 2014-08-01 07:46 | Report Abuse

Mr tey selling PRTASCO stock than buy a lot WINTONI stock , maybe goreng time for WINTONI now only 0.07 , IFCAM already goreng from 0.05 until 0.31 , it's time for WINTONI

Posted by nich0las > 2014-08-01 17:26 | Report Abuse

this tey always sell, @.@""

Posted by nich0las > 2014-08-01 17:27 | Report Abuse

you are right lor, Wintoni lai liao. http://chart.bursamalaysia.com/cache/charts.pl?type=plc_profile&id=0141.MY&duration=180d

Posted by davidkkw79 > 2014-08-01 18:20 | Report Abuse

promaxsam, how u know tey poh is buying wintoni ?

Posted by promaxsam > 2014-08-02 00:05 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1700121

Posted by sosfinance > 2014-08-02 11:23 | Report Abuse

Since late May, OKA sold about 11.5m, and TPY sold in July about 4.5m. Total amount sold by both is about RM32m. Not exactly sure how much TPY and OKA original cost, they hv it since 2012/3, their cost I guess is around RM1.00. So, they make about RM16m PURE PROFIT with a bit of dividend. No major adverse development in fundamental other than adjustment of launching in DeCentrum taking into account the property slowdown and delay in Government projects. Delay in earning streams, perhaps.

Posted by wmliang > 2014-08-02 16:21 | Report Abuse

De Centrum Unipark Condo Phase 2 is a freehold condominium inside IUKL ( Infrastructure University Kuala Lumpur), beside Uniten ( University Tenaga National) and opposite UPM ( University Putra Malaysia). It is easy to rented out in future and you do not have to spend much time marketing the area, because the area sells itself.

-Good accessible from Besraya, North Sourth Expressway, Silk highway, SKVE. It take 25 minuts to Kuala Lumpur town centre, 30 minuts to KLIA.

- Uncoming IOI City Resort Just 3km away or 8 Minuts driving distant. Mines Resort City just 6.5km away or 13 minuts driving distant. It was found that larger shopping malls have a greater positive influence on the value of surrounding property. Most Malaysians want convenient accessibility to shopping malls and are willing to pay a premium for it.

- Mass rapid transit (MRT) line 2 is speculated go through Uniten. Projects which are strategically located near MRT stations will likely to enjoy good sell-out as buyers are confident of future demand for their property once the MRT is in operation. Value of property along the MRT route will appreciate 15% to 25% depending on the location to the stations.

Posted by joni > 2014-08-04 15:54 | Report Abuse

still have room ; TP 1.97.

Posted by talkrealreal > 2014-08-04 23:35 | Report Abuse

Si beh luan counter

Posted by Ecoworld2 > 2014-08-04 23:43 | Report Abuse

This is just another construction company and few low margin low cost public housing contract. Nothing special. Take profit go other larger property counter.

Posted by cva603 > 2014-08-05 11:02 | Report Abuse

such as setia eco? lolx

Posted by wmliang > 2014-08-05 19:34 | Report Abuse

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS PROPOSED ACQUISITION OF EQUITY INTEREST IN PT ANGLO SLAVIC INDONESIA FROM PT ANGLO SLAVIC UTAMA (“VENDOR”)
PROTASCO BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description PROPOSED ACQUISITION OF EQUITY INTEREST IN PT ANGLO SLAVIC INDONESIA FROM PT ANGLO SLAVIC UTAMA (“VENDOR”)

Reference is made to the Company’s announcements dated 30 January 2014, 10 February 2014 and 25 July 2014 (“Announcements”). Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Announcements.
Protasco Berhad (“Protasco” or “Company”) wishes to announce that the Conditions Subsequent pursuant to Restated SPA have not been fulfilled by the Vendor and the security provider within the Condition Period and accordingly, the Restated SPA lapsed on 28 July 2014. Protasco is in discussion with the Vendor for the Purchase Price to be returned via, amongst others:-
(a) cash;
(b) disposal of the Secured Shares;
in accordance with the terms of the Restated SPA.
This announcement is dated 5 August 2014.




Announcement Info
Company Name PROTASCO BERHAD
Stock Name PRTASCO
Date Announced 5 Aug 2014
Category General Announcement
Reference No CA-140805-27A0C

Posted by mk88 > 2014-08-05 19:47 | Report Abuse

aborted oil & gas deal is good news. investment will be fully refunded and company can focus on core business

no change in fundamental of the company

Posted by wmliang > 2014-08-05 19:50 | Report Abuse

Sure can get back 50 million, if not....

Posted by mk88 > 2014-08-05 19:55 | Report Abuse

the investment was fully collaterised by shares as reported more than 120%

Posted by sosfinance > 2014-08-05 22:00 | Report Abuse

could the termination of the oil and gas deal be a blessing a disguise?

Posted by sosfinance > 2014-08-05 22:04 | Report Abuse

I mean blessing in disguise? Getting back in full the RM78m if fully paid? Interesting.

Posted by Ayamjohor > 2014-08-05 22:18 | Report Abuse

All shareholders got cheated. No more oil story no wonder share price drop. Bye bye.

Posted by Ayamjohor > 2014-08-05 22:21 | Report Abuse

The con company pakat the oil company make story tipu public goreng share. First the MD sell highest share later other investors also sell. Public hold high price. Later if major shareholder buy back cheap means confirm tipu public. Report polis!

Posted by Ayamjohor > 2014-08-05 22:23 | Report Abuse

Where got so kind oil company willing get cheated and did not sue company? Pakat sign mou cheat public what else.

Posted by chloe_ts > 2014-08-05 22:31 | Report Abuse

yea, manipulating the price. will the price go up soon? aiks I stuck high high.

Posted by talkrealreal > 2014-08-05 23:36 | Report Abuse

They pusing the money out for something else. After enough pakai, cancel deal and take back money lor

Posted by sosfinance > 2014-08-05 23:52 | Report Abuse

Analyst has never emphasise on the contribution from this deal anyway. The focus is always on contribution and potential from De Centrum and other construction projects. The coming results will determine the potential growth.

Posted by johnny cash > 2014-08-06 00:09 |

Post removed.Why?

Posted by johnny cash > 2014-08-06 00:11 | Report Abuse

IS THIS COMPANY A LIER ?????????????????????????????????

Posted by johnny cash > 2014-08-06 00:12 | Report Abuse

USING OIL N GAS STORY TO PUSH UP THE SHARE IS A CRIME,,,CHEATING PUBLIC LO

Posted by greenmaker > 2014-08-06 01:52 | Report Abuse

Lucky i sold most shares when owner sells but still stuck high price few lots. Owner sold then other directors follow. Market rumor owner do acquisition then share price goes up, after sell share now cancel. Owner sold high price! If owner buys later confirm the rumor. So after news out now is time to buy.

Many PLC does MOU and cancel MOU. This is another one. My guess is right. Many red flag why vendor so kind come and go after PLC free ride? Why vendor did not ask for compensation? Cancel so fast quietly leaving puzzle to market as if its planned. Both buyer and vendor so friendly or one sided? If vendor so easy giving back cash then confirm must be big red flag. If vendor don't give back money or ran away this is also big red flag. Both one night stand don't need meet and talk, so good? Red flag started fast, close also fast. Big Big red flag. Who made decision why no clear reason telling investors potential impact? What if later owner pretends to be clean and for some reason suddenly vendor sue back ask for compensation, or made perfect excuse ran away? Like that can wash hand? Any big lost will be material, unless this is not real transaction. There must be more true answer than simply come and go slip through and go. Is like after eat for free then ran away pay nothing. Time will tell. For now bad news is good news. Thanks to this news time to BUY! If owner did once, will do again, price sure will go up later.

Posted by Propguy2 > 2014-08-06 02:44 | Report Abuse

Company may have option buy back we never know. Or maybe owner found a lot of oil and take private? See so fast quickly rush out as if there is no real seller. More suspicious

Posted by bull9395 > 2014-08-06 08:55 | Report Abuse

this is good news. indonesia has new government. politic stability is unsure. i believe only indonesia oil seller knows their country risk maybe benefit from more transparent president. buyer also benefit focus on malaysia. protasco oversea venture nothing successful. luck is in malaysia so focus.

Posted by bull9395 > 2014-08-06 09:10 | Report Abuse

market always like to speculate. try new opportunity is common. why so many story? i always skeptical so fast the oil investment can produce oil no matter how good and don't think can recover investment so fast either. protasco expectation is jot realistic so as oil company expectation. both different business nature no way can understand each other so fast and give result. careful bring fruit so by pursue each other own business is best for both. like in the past protasco get stuck in middle east and africa for many years when ceo is young. learn from lesson now should focus malaysia wait for dividend and make all investors happy. giv old investors steady income more than enough.

Posted by bull9395 > 2014-08-06 09:11 | Report Abuse

muscle keep for dividend for old times. good company.