PROTASCO BHD

KLSE (MYR): PRTASCO (5070)

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Last Price

0.355

Today's Change

-0.02 (5.33%)

Day's Change

0.35 - 0.385

Trading Volume

4,513,700


16 people like this.

5,875 comment(s). Last comment by Dehcomic01 1 day ago

Posted by itjustabouttheprofit > 2014-08-29 19:25 | Report Abuse

I cannot find any reason why need to sell the share? Total profit improved although eps unchanged. The share already dropped frm 2.1 to 1.64. I dun tink it will drop further

mk88

986 posts

Posted by mk88 > 2014-08-29 19:31 | Report Abuse

all speculations of bad Q2 results was proven wrong. higher profit and
no change in fundamental of the company

Posted by DreamConqueror > 2014-08-29 19:45 | Report Abuse

Going down toward a range that might interest me.

Sean

741 posts

Posted by Sean > 2014-08-29 21:30 | Report Abuse

wont drop more... keeping it to wait for the price go up again ... good luck all

lcng123

1,106 posts

Posted by lcng123 > 2014-08-29 22:58 | Report Abuse

for me, protasco's q2 result is consider ok. dividend 10sen every year, dividend yield more 6%, about 60% profit pay off, what do you want anymore ?

Posted by DreamConqueror > 2014-08-30 18:18 | Report Abuse

Any developments in O&G division?

free

8 posts

Posted by free > 2014-08-30 21:32 | Report Abuse

the profit is best since 2012 Q3, which is inconsistent with speculation of the bad quarter result due to the poor performance of shares

davors

889 posts

Posted by davors > 2014-08-31 23:21 | Report Abuse

failed to acquire O&G arm in Indonesia... price gonna retrace further?

Posted by itjustabouttheprofit > 2014-09-01 11:48 | Report Abuse

davors: I though this is the old news which happen on last month? After announcement it have already drop from 1.84 to 1.64 as per last friday.

Ayamjohor

19 posts

Posted by Ayamjohor > 2014-09-02 09:41 | Report Abuse

Nothing to do with result. People buy on oil story plain simple. Buy now is for retirement so keep 10years. Sure profit.

nich0las

2,786 posts

Posted by nich0las > 2014-09-02 11:06 | Report Abuse

02Sep2014, RHB Research - We maintain our BUY call, forecasts and MYR2.43 FV.

Posted by Chris K Yeong > 2014-09-02 16:57 | Report Abuse

forming W now .. signal !

ykgykg

341 posts

Posted by ykgykg > 2014-09-02 22:23 | Report Abuse

Despite the headwind the price seem to break through 1.70 resistance with high volume. Don't follow the crowd mentality , grab and hold you will be duly rewarded soon. Buy at your own risk.

Sean

741 posts

Posted by Sean > 2014-09-03 10:00 | Report Abuse

he is fighting back now... good counter anyway...

Posted by Chris K Yeong > 2014-09-03 10:18 | Report Abuse

This counter is always the right choice. At least for this few years. Good dividend with strong fundamental

Sean

741 posts

Posted by Sean > 2014-09-03 10:22 | Report Abuse

am so glad joined this last friday :)

alpacino

385 posts

Posted by alpacino > 2014-09-03 10:30 | Report Abuse

After seeing results I bought in yesterday.Hope it will maintain uptrend ... results were pretty good. Even if the O&G venture did not materialize I think the Management will sure pursue others ... perhaps success will come soon.

sosfinance

1,305 posts

Posted by sosfinance > 2014-09-03 11:30 | Report Abuse

What is your worst case? DY 6% p.a.? Best case, growth in earnings by RHB 40%-50% for FY14-15. Hopefully translate into capital gain. One of the few growth stocks with reasonable DY.

Posted by Chris K Yeong > 2014-09-03 11:41 | Report Abuse

Will it break the previous high 1.77 today? Let's see..

nich0las

2,786 posts

Posted by nich0las > 2014-09-03 11:59 | Report Abuse

Huat, let's celebrate together. hope up to 2.00 above.

jerryc83

53 posts

Posted by jerryc83 > 2014-09-03 12:06 | Report Abuse

Welcome on board everybody. Our train is just started.

Amao Mao

205 posts

Posted by Amao Mao > 2014-09-03 12:20 | Report Abuse

No $ enter... sad neh...

Ayamjohor

19 posts

Posted by Ayamjohor > 2014-09-03 12:22 | Report Abuse

Major shareholders buying again. This time heading 2.50. Watch out.

Ayamjohor

19 posts

Posted by Ayamjohor > 2014-09-03 12:24 | Report Abuse

Oil story is just excuse to buy up price. Follow major shareholders they buy we buy.

Posted by coobacooba > 2014-09-03 13:03 | Report Abuse

Ayamjohor, how do you know major shareholders are buying again? Anyway, good to know it is up finally!

nich0las

2,786 posts

Posted by nich0las > 2014-09-03 13:26 | Report Abuse

Really is W coming. good.

Sean

741 posts

Posted by Sean > 2014-09-03 14:12 | Report Abuse

Ayamjohor, can share the info where u get is major shareholders are buying? thanks

Posted by Somdejking King > 2014-09-03 14:14 | Report Abuse

FLYING HIGH TODAY.

Sean

741 posts

Posted by Sean > 2014-09-03 15:14 | Report Abuse

saw something to share http://klse.i3investor.com/blogs/kianweiaritcles/59313.jsp

Ayamjohor

19 posts

Posted by Ayamjohor > 2014-09-03 15:18 | Report Abuse

Major holders sell off earlier after finish the oil story. Price goes down. Now price low goes up. Not kuching ayam ikan bilis buying. Who else? Any ikan bilis will know.

Posted by Chris K Yeong > 2014-09-03 15:26 | Report Abuse

closed above 1.78 today, tomorrow it will continue flying ! sky will be the limit this time.

Sean

741 posts

Posted by Sean > 2014-09-03 16:08 | Report Abuse

does anyone know what happen? lol

nich0las

2,786 posts

Posted by nich0las > 2014-09-03 16:14 | Report Abuse

Wah, 1.83. Funny

sean

312 posts

Posted by sean > 2014-09-03 16:35 | Report Abuse

Finally u ARE UP.

Amao Mao

205 posts

Posted by Amao Mao > 2014-09-03 16:41 | Report Abuse

Aiseh, one of the most active trading days since February hike :D

Posted by Somdejking King > 2014-09-03 16:48 | Report Abuse

yes sunshine days are here , the first opportunity to make money comes cabut.

Amao Mao

205 posts

Posted by Amao Mao > 2014-09-03 16:51 | Report Abuse

Selling off after share dividend + TPY throwing + O&G failure, and cautious people are looking for an indicator to come back in (or throw some more), that best indicator is the 2Q14 result, I guess. Depend on the result, the price could have gone north or south.

Posted by Somdejking King > 2014-09-03 17:00 | Report Abuse

why want to know what happened , just jump in and ride along take off , when money is in sight.

Posted by Somdejking King > 2014-09-03 17:02 | Report Abuse

if you are good at following and smelling where the money is , go big onit, dont need no chart and fibon what ever.

davors

889 posts

Posted by davors > 2014-09-03 18:57 | Report Abuse

1000 shares saja

Sean

741 posts

Posted by Sean > 2014-09-03 20:50 | Report Abuse

they only accumulated 2k in the treasury? so sikit... lets see how tml...

cfoong

1,189 posts

Posted by cfoong > 2014-09-03 22:34 | Report Abuse

Accumulated more units for short term position at last few days at 1.63/1.64 and sold all today at 1.77... while keeping my long term position for dividen purposes.. ..haha.. strike again...!

Amao Mao

205 posts

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

Exciting day today :D

sosfinance

1,305 posts

Posted by sosfinance > 2014-09-04 10:24 | Report Abuse

Today technical reports by Kenanga & RHB, bullish on Protasco. Next level, 1.96 & 2.02 (support at 1.63). Just a technical view. Sometime ok, sometime not. Mainly due to surge in price yesterday with high volume as well.

klseklse

124 posts

Posted by klseklse > 2014-09-04 11:06 | Report Abuse

wow down 2.2% now, time to buy more

Amao Mao

205 posts

Posted by Amao Mao > 2014-09-04 11:20 | Report Abuse

Retracing... sob sob...

alpacino

385 posts

Posted by alpacino > 2014-09-04 11:23 | Report Abuse

I think small profit taking ... should start bullish momentum ... anytime soon. Patience

alpacino

385 posts

Posted by alpacino > 2014-09-04 18:28 | Report Abuse

Many thanks Chris. Hope up trend on Friday.

klseklse

124 posts

Posted by klseklse > 2014-09-05 11:24 | Report Abuse

why those who posted that they have sold their position few days ago... now their comments are deleted.

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