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 4 days ago

marll

39 posts

Posted by marll > 2014-11-26 11:34 | Report Abuse

most possibility Egm might be cancel lo

master_tan

690 posts

Posted by master_tan > 2014-11-26 12:01 | Report Abuse

EGM started ? got live commentator here ?

jerryc83

53 posts

Posted by jerryc83 > 2014-11-26 12:35 | Report Abuse

Egm postpone to tmr. Macai macai tpy Bising la

TuaHuat

1,462 posts

Posted by TuaHuat > 2014-11-26 12:45 | Report Abuse

Really postponed ?

jerryc83

53 posts

Posted by jerryc83 > 2014-11-26 12:59 | Report Abuse

Waiting for vote count. Macai tpy Buat Hal la... Wasting share holder time

jerryc83

53 posts

Posted by jerryc83 > 2014-11-26 13:06 | Report Abuse

Tpy purposely don't want the resolution to go through. Play dirty tricks. One day the company is not stable, the share price won't go up! Stupid tpy

samsung555

478 posts

Posted by samsung555 > 2014-11-26 13:15 | Report Abuse

KUALA LUMPUR (Nov 26): Protasco Bhd ( Financial Dashboard)'s EGM reconvened after it was interrupted by the news that Tey Por Yee and Ooi Kok Aun filed an injunction at the high court to prevent it from carrying on today.

Representative of Protasco said that while the High Court of Kuala Lumpur has yet to decide on the injunction application, the EGM was reconvened so that shareholders could vote on whether to proceed with the EGM today or postpone it to 3pm tomorrow.

http://www.theedgemarkets.com/my/article/protasco-shareholders-vote-adjournment-egm

samsung555

478 posts

Posted by samsung555 > 2014-11-26 13:19 | Report Abuse

Protasco's EGM adjourned for two hours moments after the meeting was called.

http://www.theedgemarkets.com/my/article/protascos-egm-adjourned-two-hours-moments-after-meeting-was-called

Posted by wannabeinvestor > 2014-11-26 13:30 | Report Abuse

This is TPY strategy.. Waste our time..

joerakmo

725 posts

Posted by joerakmo > 2014-11-26 13:42 | Report Abuse

Desperate and frivolous injunction. Not granted yet..Chong should just continue;why need to put to vote.
TPY no respect for proper procedures and wasting Company money.
TPY True colors of the low life character emerging. And some ppl still want to support him??

AliceTey

802 posts

Posted by AliceTey > 2014-11-26 13:43 | Report Abuse

TPY is afraid mah.......... LOL...

86868

1,201 posts

Posted by 86868 > 2014-11-26 14:12 | Report Abuse

he..he.he.......I call it strategy....LOL

connect1

86 posts

Posted by connect1 > 2014-11-26 14:12 | Report Abuse

now, everyone know the chicken tpy and ooi

real chicken, too frightened to face fair play via shareholders voting

that is their true characters, play dirty

AliceTey

802 posts

Posted by AliceTey > 2014-11-26 14:17 | Report Abuse

What do you expect from a gay lord and an indon maid lover? LOL

master_tan

690 posts

Posted by master_tan > 2014-11-26 14:21 | Report Abuse

live commentator please....

connect1

86 posts

Posted by connect1 > 2014-11-26 14:22 | Report Abuse

cheaters can live for an extra day
good riddance bad rubbish tmrow

Bjcorp

42 posts

Posted by Bjcorp > 2014-11-26 14:22 | Report Abuse

Heard from friend there. Point made in the monkey EGM. Chairman is really breaking law just to buy time for his friend Chong. But too careless, opening then "walk out" leaving all blurr!!! Wrong move should ask for vote! Proven not competent indeed!

Was told illegal so anything illegal goes 12noon onwards is illegal. Short notice is unfair for minorities and chairman did again second illegal postpone! They think we all minority small can simply bully? These Chong and board cronies are really wasting shareholders time at all cost! MSWG and authority should teach them lesson.

86868

1,201 posts

Posted by 86868 > 2014-11-26 14:25 | Report Abuse

TPY is a strategist......Looks like He knows what is coming......Something like Hostile takeover of Protasco....

Protasco loss RM 69 million worrrr...

Protasco Potential PN17......No doubt....TPY will take over Protasco

connect1

86 posts

Posted by connect1 > 2014-11-26 14:25 | Report Abuse

the 2 clowns cheaters tpy n ooi kok will be kicked out sooner or later

buy extra day to pack up

wasted all shareholders time and money to attend the EGM

That is how selfish the 2- clown cheaters

good riddance

Bjcorp

42 posts

Posted by Bjcorp > 2014-11-26 14:26 | Report Abuse

All the while play dirty to Tey and Ooi, now Chong gets a taste of his own deed. Once show illegal its illegal. Bulldoze self out still illegal.

master_tan

690 posts

Posted by master_tan > 2014-11-26 14:27 | Report Abuse

yesterday volume surge and price hike, but today price down at opening. what is wrong ??

86868

1,201 posts

Posted by 86868 > 2014-11-26 14:30 | Report Abuse

master_tan.....Protasco is manage by lousy management.....

_______________________________________________________________

Stock: [PRTASCO]: PROTASCO BHD
Nov 26, 2014 09:48 AM | Report Abuse

RM69 million losses is very special!!!!!!!!!!!!!!!!!

________________________________________________________________


http://www.thestar.com.my/Business/Business-News/2014/11/26/Protasco-posts-Q3-loss-of-RM69mil/?style=biz

Business NewsHome › Business › Business News
Protasco posts Q3 loss of RM69mil
Wednesday, 26 November 2014

PETALING JAYA: Protasco Bhd went into the red with a net loss of RM69.18mil for the third quarter to Sept 30, 2014 from a previous net profit of RM13mil. Revenue jumped 27.1% to RM318.99mil.

The net loss was due to an impairment on the purchase consideration due from PT Anglo Slavic Utama and the advance made to PT Anglo Slavic Indonesia totalling US$27mil (RM84.64mil).

Without the impairment, the group’s profit from operations registered a growth of 9.3% compared to the same period in the previous year.

The company announced an interim dividend of 5 sen from 4 sen previously.

For the nine-month period, the company recorded a net loss of RM42.38mil from a previous net profit of RM32.77mil. Revenue incresed 14.78% to RM667.67mil.

There is an ongoing feud between Protasco’s two largest shareholders, executive vice-chairman and group MD Datuk Seri Chong Ket Pen and non-executive director Tey Por Yee.

An EGM will be held today to vote on resolutions to remove Tey and his associate and fellow board member Ooi Kock Aun. The shareholders behind this move are Chong and Tan Heng Kui, another Protasco director.

On Friday, there will be another EGM, jointly requisitioned by Tey and a company he controls, to oust Chong from the board.

86868

1,201 posts

Posted by 86868 > 2014-11-26 14:41 | Report Abuse

Aiyo yo...Protasco NTA now is 1.32......

1.63 is overprice

http://www.bloomberg.com/quote/PRTA:MK
26/11/2014 14:41

86868

1,201 posts

Posted by 86868 > 2014-11-26 14:45 | Report Abuse

Nexgram is solid like a rock...

Share price will surge......Timing

http://www.bloomberg.com/quote/NNCB:MK

bing

3,794 posts

Posted by bing > 2014-11-26 14:50 | Report Abuse

NTA 1.07 liao

bing

3,794 posts

Posted by bing > 2014-11-26 14:50 | Report Abuse

Buy buy buy cheap cheap cheap

bing

3,794 posts

Posted by bing > 2014-11-26 14:55 | Report Abuse

PE EPS PRICE all cheap cheap! Buy buy buy! Dividend coming soon!

86868

1,201 posts

Posted by 86868 > 2014-11-26 15:10 | Report Abuse

or you have a choice..

Sell 1000 shares of Protasco .....You can BUY approximately 19,000 NexGram

Funtrade

596 posts

Posted by Funtrade > 2014-11-26 15:25 | Report Abuse

Gila. This Protasco is now a money-losing company still dare ask ppl to buy. Negative PE, buy a money-generating biz not a money-burning one!

bing

3,794 posts

Posted by bing > 2014-11-26 15:26 | Report Abuse

Hihi..

Bjcorp

42 posts

Posted by Bjcorp > 2014-11-26 15:33 | Report Abuse

Old monkeys trying to cover up scam and blame 2 directors. Today clearly shows the reckless board is indeed not independent, reckless and careless for the cover up of 1 man did wrong - Chong Ket Pen. The man with no honor.

connect1

86 posts

Posted by connect1 > 2014-11-26 15:41 | Report Abuse

why the 2 cheaters typ and ooi cock are so afraid of EGM?

EGM frightened the hell out of them
frightened of their own shadow
frightened of minorities shareholders
or real chicken

Bjcorp

42 posts

Posted by Bjcorp > 2014-11-26 16:06 | Report Abuse

See chong in jail lor. Egm is just a show. Show done making point board is supporting chong scam. Noted. All minority and authorities knows what to so.

TuaHuat

1,462 posts

Posted by TuaHuat > 2014-11-26 16:12 | Report Abuse

What is the result of the EGM ?

connect1

86 posts

Posted by connect1 > 2014-11-26 17:03 | Report Abuse

nexgram is another rubbish stock, no dividend

a matter of time before pn 17

good riddance

connect1

86 posts

Posted by connect1 > 2014-11-26 17:04 | Report Abuse

hello how is my 2 clown cik kut teh and ooi cock and his supporters

still shivering from egm

connect1

86 posts

Posted by connect1 > 2014-11-26 17:08 | Report Abuse

what will happen once the 2 clowns are sued bankrupt by protasco?

cik kut teh and ooi kock will disappear to sulawesi or caveman island? maybe africa

AliceTey

802 posts

Posted by AliceTey > 2014-11-26 17:09 | Report Abuse

Replacing Gideon Tan with Raj, Ong & Yudistra sealed TPY and OKA's fate. Gideon is one of the best commercial litigation lawyers in Malaysia and Singapore. He is very smart, keen, ruthless and always cast fear in the heart of opposing counsel. On contrary, ROY, in particular Ong Yu Jian as the handling partner is a newbie, unexperience and not a good commercial litigation lawyer.

It begs the question, why TPY and OKA switch their attack dog, a giant rottweiler with a mini poodle? Because the rott think his master is a not a good person and run away but the scheduled pit fight is two days away. What to do? Go to the nearest pet shop where only a poddle available.

joerakmo

725 posts

Posted by joerakmo > 2014-11-26 17:15 | Report Abuse

Surprised! Why did the parties seeking the injunction cannot say out the grounds.Until we see or read the injunction, I think the Chairman was most gracious to adjourn and because of that he was faulted!!Did the new lawyer have any rights to be there unless he was a proxy such registered.

jackel63

12 posts

Posted by jackel63 > 2014-11-26 17:17 | Report Abuse

Nexgram rubbish stocks

Marina

766 posts

Posted by Marina > 2014-11-26 17:51 | Report Abuse

Can someone here go and collect one dog barking at nexgram forum
Plsssssss

bing

3,794 posts

Posted by bing > 2014-11-26 17:53 | Report Abuse

Prtasco Boleh!!! Quarterly Boleh Baik Balik. Walaupun Esok Turun Lagi! Rm1.90 soon!

bing

3,794 posts

Posted by bing > 2014-11-26 17:56 | Report Abuse

EPS PE NTA PRICE we don't care! Second Benelac also don't care!

Marina

766 posts

Posted by Marina > 2014-11-26 17:56 | Report Abuse

Prtasco boleh naik rm5

bing

3,794 posts

Posted by bing > 2014-11-26 17:57 | Report Abuse

Limit Down rm1.15 we also don't care!

bing

3,794 posts

Posted by bing > 2014-11-26 17:58 | Report Abuse

Can buy can buy!

Marina

766 posts

Posted by Marina > 2014-11-26 18:00 | Report Abuse

Yes..buy buy buy..undervalued
Target rm5.. So cheap
Lelong lelong

bing

3,794 posts

Posted by bing > 2014-11-26 18:00 | Report Abuse

Company Boss & Boss Gaduh Sudah Biasa! Pricing Masih Ada!

Marina

766 posts

Posted by Marina > 2014-11-26 18:01 | Report Abuse

Chong is so generous guy..he will take care pf minority..he willing to borrow money
To pay dividen..support chong

bing

3,794 posts

Posted by bing > 2014-11-26 18:02 | Report Abuse

Tengok Benelac Boss gaduh pun tak delist! Price still puluh puluh sen!

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