More advance analysis for you calvin guy.
This is what CKP did.

Past record:
Dividend 2014-2018 say total 30c
Share drop 80c
(Tips: look at loan and cash flow. Borrow to pay, you also can sit his place.)

Future:
IF dividend still 5c per year.
AND income -ve cash flow
AND CKP still stealing millions salary
AND CKP sons and directors still stealing millions salary
AND still borrow more bank to pay dividend
ASSUME new gov don’t go after road project stolen money.
Share price (5 yrs under new gov)
2019 maybe 48 - 5c = 43c if lucky
2020 maybe 43c - 5c = 38c if lucky
.......
2024 maybe 23c left.

If:
ASSUME new gov hungry take back 200mil or 300mil stolen money from Protasco road maintenance, maybe if lucky still got 5c left.

So “dividend” if lucky maybe you get back 23c. If not lucky get back 5c.

The TP of 5c is very achievable. Hopefully can short sell. “Chances” is higher to profit from short. Calvin, you go lobby new gov to allow short sale. Higher chance won’t bring people to Holland.

Road bumpy ahead. Thats all we know. The ppa1m rubbish killed the company. CKP secret taking big salary millions per year we all know. He orders not to pay labors and cheat in over time pays we also know. His directors all bribed and keep quite let him steal money, we also know. We down here cannot do anything.

Spend so much on Najib we heard and now loss. Job getting less and claims not sure. I review or freeze after new government people hungry, sure will be hungry, we also dont know how much bank will lend to CKP to keep paying dividend to himself. Nothing benefit the staff and we don’t care.

Any investor if look for dividend AND share price stays “higher” than dividend discount, good luck. Our directors all got con at high price. Salary all gone, share value also gone, dividend cannot cover even 20% of capital loss.

That’s the whole issue. The CKP greedy guy. We no eye see.

Your sifu Buffet is taking “preference shares”. If got criminal like CKP, Buffet “take back principle money” and don’t exercise Pref Shares. Safe.

CKP let you buy fake shares and share price goes down more than dividend. Borrow so much, matter of years if he still there sure close shop. If he issue Pref Shares maybe can bet 50/50. If shares, then I better bet World Cup. Higher chances.



calvintaneng REMEMBER THESE 2 SIFU

WARREN BUFFET BOUGHT INTO PREFERENCE SHARES OF GOLDMAN SACHS DURING SUBPRIME CRISIS BECAUSE HE WAS ASSURED 10% DIVIDEND

NOW PROTASCO IS GIVING 11.3% YIELD


JOHN MAYNARD KEYNES SURVIDED THE GREAT DEPRESSION BY BUYING DIVIDEND PAYING RECESSION PROOF STOCKS

AND ROADS AND ROAD MAINTAINANCE ARE RECESSION PROOF
28/06/2018 14:21