PROTASCO BHD

KLSE (MYR): PRTASCO (5070)

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Last Price

0.335

Today's Change

+0.015 (4.69%)

Day's Change

0.325 - 0.34

Trading Volume

641,500


16 people like this.

5,872 comment(s). Last comment by 10xGoreng 3 days ago

Ben Gan

7 posts

Posted by Ben Gan > 2016-08-02 16:02 | Report Abuse

How true is that blog?

914601117

541 posts

Posted by 914601117 > 2016-08-03 16:36 | Report Abuse

Protasco intends to wallop money again, now this time invest in India.

Icon8

737 posts

Posted by Icon8 > 2016-08-04 09:53 | Report Abuse

Why not ban i3 so lousy forum? If got India inv why until today no announcement? No wonder all good M'sian must go oversea to work. Like Protasco MD Chong Ket Pen and Lim Yew Ting I also from UM.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5164977
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5125693

914601117 Protasco intends to wallop money again, now this time invest in India.
03/08/2016 16:36

Icon8

737 posts

Posted by Icon8 > 2016-08-04 10:59 | Report Abuse

In Feb'16 Protasco got renewal of Selangor and East Coast road maintenance for 10 years so expect good profit to be maintained.

Icon8

737 posts

Posted by Icon8 > 2016-08-04 11:03 | Report Abuse

Last year Protasco gave 8 sen dividend. If compare FD rate Protasco should worth above RM 2(DY 4% if maintain 8 sen). If 2016 dividend up to 10 sen TP RM 2.50(DY 4%) is not a dream.
http://klse.i3investor.com/servlets/stk/annent/5070.jsp

joni

1,231 posts

Posted by joni > 2016-08-04 12:03 | Report Abuse

moved today ; hold first.

BN_menang

2,982 posts

Posted by BN_menang > 2016-08-05 19:33 | Report Abuse

OTHERS LETTER OF ACCEPTANCE FOR CONSTRUCTION OF THE PROPOSED SUNGAI BESI-ULU KELANG ELEVATED EXPRESSWAY (SUKE)
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5169385

Posted by SanYaoSi > 2016-08-08 11:31 | Report Abuse

Tun Daim boleh.

Icon8

737 posts

Posted by Icon8 > 2016-08-08 15:10 | Report Abuse

Up more to RM 1.60 please. ESOS RM 1.56 meaning insiders have good news.

Icon8

737 posts

Posted by Icon8 > 2016-08-08 15:14 | Report Abuse

Changes in Director's Interest (S135)
PROTASCO BERHAD

Information Compiled By KLSE
Particulars of Director
Name DATO' TAN YEE BOON
Descriptions(Class & nominal value) Ordinary shares of RM0.50 each

Details of changes
Currency: Malaysian Ringgit (MYR)

Type of transaction Date of change No of securities Price Transacted ($$)
Others 03/08/2016 70,000 1.560

Circumstances by reason of which change has occurred Exercise of Employees' Share Scheme ("ESS")

Nature of interest Direct

Consideration (if any)
Total no of securities after change
Direct (units) 100,000
Direct (%) 0.030
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice 05/08/2016
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5169421

Icon8

737 posts

Posted by Icon8 > 2016-08-08 22:57 | Report Abuse

COMPANY UPDATE

Protasco Bhd has bagged a contract worth RM315.8 mln for the construction of a stretch in the Sungai Besi-Ulu Kelang Expressway (SUKE). Protasco’s subsidiary, HCM Engineering Sdn Bhd, will undertake the contract jointly with Hatimuda Sdn Bhd on a 40:60 basis. The work is expected to be completed within a 30-month period ending 28th February 2019.

Comments

The above mentioned project marks the first construction project secured by Protasco in 2016. Similar with the previous construction contracts secured, we expect the project to command an EBITDA margin of 11%-13%. Protasco’s outstanding construction orderbook now stands at approximately RM800.0 mln, which will underpin earnings visibility over the next two years.

With the construction contract coming in within our targeted orderbook replenishment of RM300.0 mln for 2016, we maintain our BUY recommendation on Protasco with an unchanged target price RM2.40. Our target price is derived from ascribing an unchanged target PER of 11.0x to its 2016 construction earnings, a target PER of 8.0x to its concession and engineering services’ earnings, while its education and trading earnings remain pegged at target PERs of 6.0x respectively due to their smaller scale businesses. Its property development division’s valuation remains unchanged at 0.6x of its BV over the next two years.
http://klse.i3investor.com/servlets/ptres/36960.jsp

Icon8

737 posts

Posted by Icon8 > 2016-08-09 10:33 | Report Abuse

TP RM 2.4(Malacca Securities) why 1 day show only? ESOS RM 1.56 show confidence.
http://klse.i3investor.com/servlets/ptres/36960.jsp
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5169421

joni

1,231 posts

Posted by joni > 2016-08-09 10:59 | Report Abuse

profit taking ;

Posted by SanYaoSi > 2016-08-09 13:02 | Report Abuse

Tun daim boleh

Icon8

737 posts

Posted by Icon8 > 2016-08-10 04:28 | Report Abuse

Protasco eyes RM1 bil market cap
http://www.theedgemarkets.com/my/article/protasco-eyes-rm1-bil-market-cap

Posted by LouSiFuat > 2016-08-10 10:07 |

Post removed.Why?

Posted by LouSiFuat > 2016-08-10 10:09 |

Post removed.Why?

Posted by LouSiFuat > 2016-08-10 10:12 |

Post removed.Why?

Posted by LouSiFuat > 2016-08-10 10:19 |

Post removed.Why?

Posted by buddyinvest > 2016-08-11 07:49 | Report Abuse

Good morning Datuk Seri Chong

Posted by RotiChong > 2016-08-11 11:43 | Report Abuse

Goat you want to sell what price? I buy. 50cents

Icon8

737 posts

Posted by Icon8 > 2016-08-11 12:47 | Report Abuse

Why i3 so lousy forum? When got 50 sen?

RotiChong Goat you want to sell what price? I buy. 50cents
11/08/2016 11:43

Icon8

737 posts

Posted by Icon8 > 2016-08-11 12:47 | Report Abuse

Among 3 forums I join member, lowyat the best.

Posted by RotiChong > 2016-08-11 13:39 | Report Abuse

60 cents for u. Icon chong

Posted by RotiChong > 2016-08-11 17:51 | Report Abuse

60 cents coming.

Icon8

737 posts

Posted by Icon8 > 2016-08-11 17:59 | Report Abuse

If 60 sen coming why directors subscribe ESOS RM 1.60?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5169413
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5169421

Posted by RotiChong > Aug 11, 2016 05:51 PM | Report Abuse
60 cents coming.

Posted by RotiChong > 2016-08-11 18:23 | Report Abuse

So c2pid subsribe 1.60 drop 1.54. People Indian drama you believe? Even more c2pid. Lololol

Posted by RotiChong > 2016-08-11 18:24 | Report Abuse

Many plc drama actor also buy share lah, you also follow? 60 cents confirm. Mari mari.

Posted by McaHantu > 2016-08-26 08:39 | Report Abuse

50 sen coming. Gone case. First drop 20% then 60%. See analyst.

cfoong

1,189 posts

Posted by cfoong > 2016-08-30 19:26 | Report Abuse

Kikikiki... no matter how the teh po yi gang talk bad on Datuk Chong
.... Bonus issue 4:1... this is the conclusion... kikikiki

Posted by McaHantu > 2016-08-31 03:07 | Report Abuse

Bad enough chong ket pen goes to jail crime so apparent. Don't need people talk.

cfoong

1,189 posts

Posted by cfoong > 2016-08-31 08:17 | Report Abuse

If chong go to jail... all other may hav tooo...kikikikiki....inc no.1 officer....

cfoong

1,189 posts

Posted by cfoong > 2016-08-31 08:19 | Report Abuse

Msia culture is u tolong me, I tolong u ma... To survive, all has to adjus and adapt to the msia boleh culture... kikikikiki

cfoong

1,189 posts

Posted by cfoong > 2016-08-31 08:23 | Report Abuse

Ok.. now datuk chong game plan is 4:1 bonus issue.... kikikikiki... buy, hold or sell... u choose!..

cfoong

1,189 posts

Posted by cfoong > 2016-09-01 13:31 | Report Abuse

COMPANY UPDATE

Protasco Bhd has proposed a bonus issue on the basis of one bonus share-for-every four existing shares. The issuance of up to 85.0 mln bonus shares will be subject to shareholders approval at an Extraordinary General Meeting held at a later date and is expected to be complete by 4Q2016.

Comments

The above mentioned corporate exercise will not have any impact on Protasco's earnings going forward. However, we view this positively as not only will it boost the stock's liquidity, but also a decent reward to the shareholders.

We reiterate our BUY recommendation on Protasco with a unchanged target price of RM2.10 (RM1.70 ex-bonus issue). Our target price is derived from ascribing an unchanged target PER of 11.0x to its 2016 construction earnings, a target PER of 8.0x to its concession and engineering services’ earnings, while its education and trading earnings remain pegged at a target PERs of 6.0x respectively due to their smaller scale businesses. Its property development division’s valuation remains unchanged at 0.6x of its BV over the next two years.

cfoong

1,189 posts

Posted by cfoong > 2016-09-01 13:31 | Report Abuse

kikikiki... they said 2.10 now.... Tey Po Yi gang wanna join the game again!....

cfoong

1,189 posts

Posted by cfoong > 2016-09-01 13:32 | Report Abuse

momentum is building up....the prices may go up??? shall be JUMP up soon... very soon...kikikikiki

Kipet

3 posts

Posted by Kipet > 2016-09-01 19:40 | Report Abuse

Chong Ki Pet up up up 1 sen. Lololol. Fadt fast jump from 21 floor.

Kipet

3 posts

Posted by Kipet > 2016-09-01 19:41 | Report Abuse

Price better goes up and up as many stuck at high price. Dont need 21 floor, 18 floor also can already. Chong ki pet and gang better ask him jump 18 floor. Same.

Posted by RichandRich > 2016-09-01 21:17 | Report Abuse

bonus issue... hehehe

Kipet

3 posts

Posted by Kipet > 2016-09-01 23:02 | Report Abuse

Yes bonus. Buy more. Fast jump fast reborn. Jump to 21 floor.

graceling

250 posts

Posted by graceling > 2016-09-08 12:56 | Report Abuse

hi s quite

graceling

250 posts

Posted by graceling > 2016-09-08 12:56 | Report Abuse

any latest news?

ooicy

79 posts

Posted by ooicy > 2016-09-09 10:28 | Report Abuse

wait for the bonus issue n div in the next quarter..hopefully the company may declare more div..protasco is a cash rich company

ooicy

79 posts

Posted by ooicy > 2016-09-09 10:30 | Report Abuse

wonder y there r many people who bombard dato chong here?mayb sent by tpy

ooicy

79 posts

Posted by ooicy > 2016-09-09 10:31 | Report Abuse

whatever it is,it's a court case now..justice will prevail one day..

Posted by BogelCung > 2016-09-10 12:32 | Report Abuse

C K P there gone case. Hopeless.

Posted by KhianatCina > 2016-09-10 13:38 | Report Abuse

CH0NG penipu Cina masuk dulu baru ada harapan. Pengkhianat Cina tunggu hajal. Buat laporan tipu itu biasa je buat si CH0NG Khianat. Habis PR0TASC0.

Posted by KhianatCina > 2016-09-10 13:40 | Report Abuse

Habis loh PR0TASCO buat laporan tipu. Siapa lagi? Si CH0NG Khianat Cina. Baca sendiri http://www.bursamalaysia.com/market/listed-companies/company-announcements/5201273

CiaKoPi

2 posts

Posted by CiaKoPi > 2016-09-12 16:19 | Report Abuse

Latest bursa announcement. Wrong accounting report.
http://klse.i3investor.com/blogs/Governancecheat/104239.jsp

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