RHB Research
Protasco - Ceasing Coverage
We cease coverage on Protasco. The company’s earnings are resilient backed by long-term road maintenance concessions/contracts, sizeable construction order backlog and unbilled property sales. Our last recommendation for the stock was BUY with a TP of MYR2.27.
Resilient earnings. We cease coverage on Protasco. The company’s earnings are resilient backed by long-term road maintenance concessions/contracts, a sizeable construction order backlog and unbilled property sales. Its dividend yields are attractive at 7-8% backed by strong cash flows from its road maintenance operations. Our last recommendation for the stock was BUY with a TP of MYR2.27.
Source: RHB Research - 19 Oct 2015
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Siphoning of money and ungrateful scammer running the company. The head CKP hands are full of blood. Run for life.
2015-10-27 01:36
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sosfinance
Fraud in the company is committed. Losses had incurred. No one gets caught. No consideration of integrity of BOD? As if nothing had happen. Lets just said, another fraud happen, still disregarded as a factor although not measurable?
2015-10-19 17:03