PROTASCO BHD

KLSE (MYR): PRTASCO (5070)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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 3 days ago

GODinvest

377 posts

Posted by GODinvest > 2016-03-03 15:24 | Report Abuse

If not this 2 idiot Tpy Oka problem i think price areadly shoot up 2.00 , drop many good I want buy more

Bystand

10 posts

Posted by Bystand > 2016-03-03 16:35 | Report Abuse

If not tpy and ooi there is no ckp dik head. Understood?

Posted by pumpkinhead > 2016-03-03 19:21 | Report Abuse

Agree. If not tpy and oka there is no ckp or protasco. If no ckp the price already 3.00. How ckp was born and put there by tpy and oka, investors hope he can sleep well at night and don't die so fast so make less lost. Siphon slower shareholders money hopefully company also dies slower.

GODinvest

377 posts

Posted by GODinvest > 2016-03-03 22:46 | Report Abuse

If no ckp I think prtasco price will become nexgram 0.065 , just left tin kosong , go tell your boss tpy oka don't so malu , malu in your hometown , kikikiki

Posted by pumpkinhead > 2016-03-03 23:13 | Report Abuse

C2pid. Read bursa announcement lah no brain. Ckp is just a dog for his x bosses. If not tpy and oka buy protasco and put him back in the dog house, protasco wor. Potong rumput ada lah so hai.

Posted by pumpkinhead > 2016-03-03 23:14 | Report Abuse

Malu selling off chinese, contempt others he is more chinese wor. Malu until his chinese seed. Wait to rot lah so hai.

GODinvest

377 posts

Posted by GODinvest > 2016-03-04 00:19 | Report Abuse

Wakaka ur boss tpy oka so useless get kick qut from prtasco , so useless guy and idiot got wat different . Hahaha now still get court . Wakaka good good . The worlds most biggest 2 idiot

Posted by tanflash1314 > 2016-03-04 16:49 | Report Abuse

This stocks is currently flushing out the T+3 T+4 players. Monday gonna rise back to 1.50 above, faster buy-in before too late.

Posted by ChongPuKai > 2016-03-05 10:33 | Report Abuse

Here is pu kai chong style:
ChongPuKai Chong ket pen who? Not pants down already sheet. Lol lol lol. Wait lar few days when gets it. So fast want to wash your name with all crime and blood.

ZiPatChong speakup http://www.bursamalaysia.com/market/listed-companies/company-announcements/5011593

Reference is made to the article in “The Edge” dated 25 February 2016 titled “Protasco gets renewal of road maintenance concession for 10 years”. Protasco Berhad (“Protasco” or “Company”) wishes to clarify that the Company had todate yet to receive any written confirmation on the decision of the Government.

Protasco will make immediate announcement upon receipt of the decision of the Government.
26/02/2016 14:19



Protasco gets renewal of road maintenance concession for 10 years
By Liew Jia Teng & Danial Idraki / The Edge Financial Daily | February 25, 2016 : 9:58 AM MYT
Printer-friendly versionSend by emailPDF version
Translated by Google Translator:
Select Language​▼
This article first appeared in The Edge Financial Daily, on February 25, 2016.



KUALA LUMPUR: Protasco Bhd’s Federal Road Maintenance (FRM) concession, which expires this month, has been extended for 10 years, according to sources.

Sources told The Edge Financial Daily that the FRM concession, covering 7,000km of roads in Terengganu, Kelantan, Selangor and Pahang, is expected to contribute a recurring income of up to RM250 million annually for the next 10 years.

“The routine maintenance work will contribute a recurring income of RM130 million a year, while the periodic maintenance and emergency works will bring in additional RM100 million to RM120 million every year, depending on the actual work being carried out,” a source familiar with the concession said.

It is learnt that the concession renewal has been given to Roadcare (M) Sdn Bhd, the maintenance unit of Protasco. The concession is slated to expire in February 2026.

Meanwhile, sources said Protasco is also likely to receive a contract extension to undertake routine and periodic maintenance works for the state roads in Terengganu for the next seven years.

Previously, Permint Granite-HCM Sdn Bhd, another unit of Protasco, had been awarded a seven-year contract worth RM188 million, which will be expiring in July this year.

Yesterday, Protasco announced a net profit of RM20.2 million for the fourth quarter of financial year 2015 (FY15) ended Dec 31, 2015, compared to a net loss of RM4.07 million a year ago, mainly driven by its construction segment.

Quarterly revenue inched up 15.7% to RM455.89 million from RM393.91 million, with improvements marked by contributions from it maintenance, construction and property development segments.

For the full FY15, net profit stood at RM66.24 million, compared to a net loss of RM46.44 million a year before. Revenue, meanwhile, was 21.7% higher at RM1.29 billion from RM1.06 billion in FY14.

Protasco expects to maintain its performance despite signs of economic weakness globally, and the challenges expected for the construction and property development industries.

“We expect to see the construction division continue to contribute positively to the bottom line with the award of Phase 2 of [the] Perumahan Penjawat Awam 1Malaysia project,” executive vice-chairman and group managing director Datuk Seri Chong Ket Pen said in a separate statement.

Posted by ChongPuKai > 2016-03-05 10:36 | Report Abuse

Wait lah for contract. Abuse shareholders money bribe big big already like always why so nervous leak news insider trading? Chong P K really pu kai soon cannot wait?

Posted by ChongPuKai > 2016-03-05 10:39 | Report Abuse

How much bribe hah? $200mil a year contract bribe $50mil, 10 years $500mil. Chong Pu Kai very very good actor. Gives him a Siphoning king of Malaysia Award!

hng33

20,513 posts

Posted by hng33 > 2016-03-09 16:34 | Report Abuse

Bought protasco at 1.41-1.42

Posted by tanflash1314 > 2016-03-09 19:13 | Report Abuse

very soon it will go up very very very quick.

Vivo888

13 posts

Posted by Vivo888 > 2016-03-10 00:34 | Report Abuse

Chong time is doom. Billion dollar bribery can pretend nothing happened. Jail he goes.

hng33

20,513 posts

Posted by hng33 > 2016-03-10 15:19 | Report Abuse

Sold back at 1.46-1.47, lock in profit first

speakup

27,183 posts

Posted by speakup > 2016-03-10 15:20 | Report Abuse

Game over!

Posted by SocioTrash > 2016-03-11 18:28 | Report Abuse

Chong ket pen the robber once siphon enough money and buy over other investors shares, officially a robber turns protasco his own lolipop fun fair. Good luck to the fools who being used and fooled. 张吉平欺骗投资者私吞公司,从员工摇身变成大股东,拐骗贿赂非法公物私用,终究物极必反,贪心惹来杀身之祸,指日可待。

kakashit

1,472 posts

Posted by kakashit > 2016-03-11 20:26 | Report Abuse

How come this counter's pe (7.4) can fetch higher than Gadang (5.8)

Posted by PuKiChongKP > 2016-03-14 07:51 | Report Abuse

Oh ya my clone is here also. Pu Ki Chong tai hai father, Chong Lou Hai. Whenever his son spams, his father crime surfaces. Real so hai. lol lol lol.

hng33

20,513 posts

Posted by hng33 > 2016-03-14 14:50 | Report Abuse

Bought prot at 1.50...contract extended for 10 year

GODinvest

377 posts

Posted by GODinvest > 2016-03-14 17:03 | Report Abuse

Ya , Chong is Hero .. Tpy is Evil 。

GODinvest

377 posts

Posted by GODinvest > 2016-03-14 23:29 | Report Abuse

Yaya CKP Is Evil , TPY is hero , now your hero get court ,wakaka! call your hero sold qut all prtasco share 。 Hero arealy lose

Posted by SocioTrash > 2016-03-15 10:25 | Report Abuse

Well said. Pays money get court. Pay money also gets kill. Got brain or not, criminals will pay to do so. Hero ckp, everyone knows, jail he goes. 张吉平英雄?笑屎街坊!贿赂犯罪英雄。当之无愧!

GODinvest

377 posts

Posted by GODinvest > 2016-03-16 00:59 | Report Abuse

TPY is HERO , OKA is SUPER HERO ,ckp no balls

speakup

27,183 posts

Posted by speakup > 2016-03-16 09:48 | Report Abuse

hard to make money from this counter

Posted by SocioTrash > 2016-03-16 11:50 | Report Abuse

Chong default and breaks contract is his MO. He paid some 10m or 100m to his own company while there were people watching. No nobody watching he robs at will. How to go up share price if he still there? Better sell back to his former boss before 2 stupid investors set chong free. Then only got hope. 张吉平非法毁约已经不是第一次,私吞公款,在没有监督下消耗公司资源公款私用,一日赖在protasco公司迟早倒闭,不如回归前老板保投资者利益。掩盖张父子罪行供认不讳为民除害替天行道,谁能担当还是未知数。还是回避为上。

Posted by Mohdamir > 2016-03-22 00:30 | Report Abuse

Their property arm, De Centrum Development has a lot of issues on hand. The newly completed De Centrum attracted lots of complaints from their buyers. More than half of total units have defects, (check the De Centrum owner facebook in the internet). Also, the steep gradient of the entrance ramp to the complex residents and visitors parking pose real danger to everyone. This blemished record will surely affect their future property sale.

hng33

20,513 posts

Posted by hng33 > 2016-03-22 09:45 | Report Abuse

Bought more Protasco at 1.48

speakup

27,183 posts

Posted by speakup > 2016-03-22 09:48 | Report Abuse

hng the MAN! guess u sell at 1.49?

smartly

6,442 posts

Posted by smartly > 2016-03-22 15:57 | Report Abuse

heavy volume at 1.48 !!!

duenchan

143 posts

Posted by duenchan > 2016-03-22 16:50 | Report Abuse

What is up!

GODinvest

377 posts

Posted by GODinvest > 2016-03-22 17:05 | Report Abuse

Every day tpy gang people buy sendiri sell sendiri 。

kakashit

1,472 posts

Posted by kakashit > 2016-03-22 22:32 | Report Abuse

why some ppl re trying to sing bad Chong, he is the founder of Prtasco, why would he wn to spoil his own company?

I juz found Prtasco is much better than Gadang, coz the former has IUKL, an education arm which has broke even n started to make money.

And then 10 yrs road maintance contract, u know la, Malaysia road here broken there broke, plus more and more cars, more and more mat rempits, means more maintainance lo.

Gadang only got rapid and a few acres of plantation, Gov keeps demanding dividend from Petronas, where got money to do capex.

kakashit

1,472 posts

Posted by kakashit > 2016-03-22 22:35 | Report Abuse

some more the losses from TPY already fully provided, still worry what, u should be happ if can claim back the losses.

我要为Prtasco平反,我相信即将出炉的2015年报将会看到冷眼还有很多高手的名字出现在三十大股东榜。

GODinvest

377 posts

Posted by GODinvest > 2016-03-22 23:45 | Report Abuse

Kakashit you know cold eye port folio?

Posted by DefamationThreat > 2016-03-23 01:39 | Report Abuse

Chong is "founder" of protasco? Kha kha kha kha. Cold eye turn blind! Wake up and study what chong the jaga pintu dog of tun daim did to cheat his bosses and rob the company lah before give comment. What eye see is not truth. Before tun daim left, yes, its good company. With chong cheated his new bosses, he only busy siphon money and bribe his way for self benefit. Slow slow wait lor. A person who cheat his own bosses, he will eat you alive.

Posted by DefamationThreat > 2016-03-23 01:50 | Report Abuse

一个”忘恩负义,恩将仇报”的恶魔张吉平,想把救他的恩人”吃了”,嫁祸诬告贿赂”造”案,无恶不作,醉翁之意不在酒。控制欲和贪得无厌的”员工”,把老板吃了。谁为正义平反?这种狗不如的畜生一日不除,社会道德沦陷。醒醒啦。protasco是tun daim的功劳,和贪心的”守门员张吉平”扯不了边。谁都可以看管。造路的上市公司人材济济,别给张大千蒙骗啦。

Posted by DefamationThreat > 2016-03-23 02:05 | Report Abuse

A person who can "made a lost himself and put blame on his saver and boss tpy", what kind of animal is this? Investors should report him to be locked up and hire professionals to run the business. Integrity poison will kill the company a day chong ket pen is there.

GODinvest

377 posts

Posted by GODinvest > 2016-03-23 02:48 | Report Abuse

Defamation threat , Chong say no matter tpy gang how to xxx me I also love you . Forgive you .

kakashit

1,472 posts

Posted by kakashit > 2016-03-23 08:26 | Report Abuse

在股票的世界里,什么都可以骗人,但是股息是不会骗人的。

如果Prtasco存心要欺骗小股东,就不会年年派息啦。

赚到钱,就派息,这就是好公司。

我提到的冷眼只是打个比方,价值投资者一定会摸清是非黑白,看上具有价值的公司的。

现在IUKL拥有四千名学生,每个学期都提供稳定的现金流,那么我能够预见未来Prtasco有能力派更高的股息。

Posted by DefamationThreat > 2016-03-23 09:52 | Report Abuse

楼上,您评的没错。protasco公司没有问题,所以当”打工仔张吉平”苦苦哀求投资者tpy和ooi收购protasco时,两个见义勇为华人民族意识热血沸腾的企业家就看上protasco潜质和股息,和您一样看法,投了。

那是在前老板”tun daim"法眼严管之下。生意和股息操作健全。

张吉平被新老板解放后,不但没有好好经营(记得公司是固定合约concession, 功劳狗屁不通和张根本扯不上边。查看bursa 2004-2012年张吉平”鲁莽行事虎头蛇尾的投资项目”,可谓全军覆没,亏了上亿功课。syria, lybia, hai nan, 等等,个个几千万元亏损,没看公司”人格谋杀,告他吐出来还公司填他的坑”?会看门的未必会经商。管银行的未必是开银行的。两码事。

Protasco是固定合约公司,谁看管都不会影响生意。张吉平一个会欺骗老板,为了得到protasco有没脸没皮公平向老板收购股权,嫁祸陷害恩人以骗取公司控制权的动物,人人都可以诛之。造路的人材比比皆是。问题不是公司,是一个人格障碍张吉平。贪得无厌。忘恩负义,恩将仇报的畜生,如果是负责任的,贪污贿赂私吞公款,早该认罪辞职。

且看后tun daim时代的protasco。张吉平蒙骗董事会,没有呈报他私下交易合约,翻了法。后来又撒谎发誓签了SD, 目的是陷害他的两个老板,以为可以制造谣言,利用protasco(投资者的钱),人格谋杀,加罪。试问他的老板相信他,买了公司以为他会好好看管,本身都没有”进董事局”。张老千不但没有感恩,用1年半的时间,“拖垮投资项目”以达到“嫁祸于人的目的”,夺权吃了protasco. 张老千对外办可怜,公司却从tun daim 时代“professional bhd"变成"father and sons sdn bhd", 股东大会时问问他“多少王亲国戚”混入了公司。这个事实过程,没有小心研究,表面的功夫可以唬弄老百姓,冷眼当年扯的原因,必定大有文章吧。可猜一二。

再解剖protasco的虚假信息,如果protasco没有被亏空,金钱被张老千滥用来对付他的恩人希望“埋没了他们救了张吉平”的记录。何必这里假派利息,那里发新股“筹资”冲稀您的股权和利益呢?稍微做点功课就会发现端倪。

这些还只是表皮。骨子里张吉平自己贪污贿赂犯罪活动,是姑息的几十倍账款,您知道吗?东窗事发时,十个protasco陪了不够还。张骗子一天在滥用职权挥霍犯罪,漂亮的气球泡沫破灭之后可能是真相大白的时候了。且看下回分解。

hng33

20,513 posts

Posted by hng33 > 2016-03-23 14:03 | Report Abuse

Director exercise ESOS at 1.56.....higher than current market price !!??

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5037761

hng33

20,513 posts

Posted by hng33 > 2016-03-23 16:42 | Report Abuse

Start moving UPPPPPP

Posted by augustinafederica > 2016-03-23 16:43 | Report Abuse

looking like it will down more

charlie82

350 posts

Posted by charlie82 > 2016-03-23 16:44 | Report Abuse

are they involved in MRT projects? pan borneo projects as well?

hng33

20,513 posts

Posted by hng33 > 2016-03-23 17:55 | Report Abuse

I don think prostaco involve in MRT or highway tender. Prostaco specialize road maintenance and is its key earning driver, which it alrdy secure another 10 yr extension, it also involve in property development and education field.

Hackman

1 posts

Posted by Hackman > 2016-03-23 23:49 | Report Abuse

When you choose a company to invest, you pick company that has potential, a game changer. This company is no game changer. Just doing road patch up. They turned into property development. Trying to do in a big way with their maiden commercial development, the De Centrum or rather now it is the De Rectum. That what most of the resident units and SOHO buyers are calling. They are so frustrated and felt cheated by the shoddy workmanship, steep entrance slope, building that resemble a low cost flat from the inside and defect after defect in the individual units. Now can they achieve the promised dream of turning the whole location into a city development sought by investors. Many of the existing buyers grieved and vow not to touch any of their future property development.

GODinvest

377 posts

Posted by GODinvest > 2016-03-24 00:56 | Report Abuse

I belive price will go up future maybe 1 year 。

charlie82

350 posts

Posted by charlie82 > 2016-03-24 06:23 | Report Abuse

hng33, thanks for your clarification

yes i read protasco in 2014 won/built an overtaking lane in Sarawak; so potentially they maybe indirectly involved. also read last year their md stating they were targetting to be involved in pan borneo -so far no further progress...

Secured second job in FY/CY14. HCM Engineering Sdn Bhd, a whollyowned
subsidiary of the Protasco Bhd, had secured works on Federal
Roads in Zone 2A, Sarawak worth RM21m. The contract was awarded
by Jabatan Kerja Raya (Public Works Department) for the construction
of overtaking lanes from Sibu to Bintulu and from Bintulu to Tatau

Post a Comment
Market Buzz