As many other have said, especially kchongnz and fat cat tim buddy, why invest in ICAP when you can just buy a performing company? Its performance has clearly been below par, and TTB has lost the plot. Look at the share price, while all others rise, ICAP is stuck, why, because TTB is stuck!

that is correct sir.

unfortunately for ICAP investors, they have to deal with Tan Teng Boo. Whilst he may have once been a good manager, he is clearly still hurting from the last financial crisis and paralyzed with fear in making investment decisions. Just listen to him speak in this recorded podcast on BFM.

http://media.bfm.my/assets/files/MarketWatch/2013_05_07_MW_TanTengBoo_PostGe13.mp3

I will never put any money in any fund run by this guy. he has turned into one big coward.

or rather, read all the comments on page 2.

listen to the market and the other smart players. just scroll up a bit and read. also look at the share price performance. trust me, anyone can do it.

don't apologize. you have nothing to apologize for. you have my sympathies. no doubt you have paid a heavy price. i know people still holding knm, hoping for a turnaround.

hahaha...slowing down??? its at 5.5 cents. how much more slower can you go? hahaha

what not to like. Public Bank never disappoints. Never sold this counter. only keep adding.

but to be frank, MAS will probably survive @ its current share price. it is too-big-to-fail. a political nightmare. Najib can't afford to have one of Malaysia's largest corporate bankruptcies on his watch.

again. its all a matter of perspective. bullish on you 60min osk188 charting package, but not so bullish on a 10 year monthly chart.

Rights issue??? Hmmm...that reminds me of 2009. When the stock was trading @ RM3.03

Last updated: December 23, 2009 5:49 pm
Malaysian Airline unveils rights issue
By Kevin Brown in Singapore

Malaysian Airline System has unveiled plans to raise M$2.67bn (US$777m) through a rights issue and to buy up to 25 new wide-bodied Airbus aircraft, a move that sent its shares dipping almost 2 per cent.

MAS is the third south-east Asian airline to announce capital-raising plans in the past few weeks, following similar moves by Malaysia’s Air Asia and Singapore’s Tiger Airways.

“This is the best time to order aircraft,” Azmil Zahruddin, MAS chief executive, said.
“When you order in a downturn, you get better deals and the aircraft is received when the economic cycle picks up.”

On Tuesday MAS shares closed 1.93 per cent lower at M$3.05 in Kuala Lumpur compared with a rise of 0.05 per cent in the KLSE Composite index, which had fallen on the previous four trading days. The shares closed on Wednesday at M$3.03.

Analysts said MAS had chosen a good time to raise capital for the aircraft, which it needs to compete on routes where it is flying older planes than other carriers.

But the investment banking arm of Maybank, the Malaysian bank, downgraded MAS to “hold” from “buy”, arguing in a note to clients that the rights offer would dilute future earnings.
Abdul Jalil Rasheed, fund manager at Aberdeen Investments in Kuala Lumpur, which does not have shares in the airline, said the company would need to ensure it operated the new aircraft effectively.

MAS said it would issue 1,671m new shares on a one-for-one basis priced at M$1.60 each.
The rights issue is backed by Khazanah, the Malaysian state investment agency, which owns 17.33 per cent of MAS’s equity, and its subsidiary, Penerbangan Malaysia, which has a 52 per cent stake.

MAS said Khazanah and PMB had undertaken to take up their full entitlement.

Khazanah will subscribe for additional shares, raising the combined subscription by the two state agencies to 71 per cent.

The airline said it had signed a firm order with Airbus for 15 A330-300 aircraft, with options for a further 10 at a total cost of $5bn at list prices.

MAS already has six A380 aircraft and 35 Boeing 737-800 planes on order.
Mr Azmil said the carrier would have one of the youngest and most fuel-efficient fleets in Asia by the time all the aircraft were delivered in 2016.

Tiger Airways is planning an initial public offering on the Singapore exchange next month. People close to the deal say the group is expected to seek to raise up to S$250m (US$177m) for between 25 per cent and 30 per cent of the company.

Kuala Lumpur-listed Air Asia, south-east Asia’s largest low-cost airline, is considering a secondary listing in Thailand, then a listing in Jakarta.

--->Still want to average down? Maybe stock will be given away for free in 2 years time.

no. stay away. don't be silly.

In fact, you can see that its share price is only just returned to its IPO price after 10 years. A lost decade for shareholders.

Drilling??? When? I've been following this company and never seen any mention anywhere, on their website or anything. Dato has a problem with telling the truth.

I used Wayback machine to get a cached copy of the webpage from 2003. No mention of any drilling...

http://web.archive.org/web/20031031031407/http://www.protasco.com.my/

To be exact this is what is says:

Protasco chalks up 79 sen premium on KLSE debut

CONSTRUCTION and maintenance specialist Protasco Bhd made an impressive debut on the KLSE main board yesterday, opening at RM1.94 for a 68% premium over its initial public offer (IPO) price of RM1.15. The counter went on to hit a high of RM2.07 before easing back to close at RM1.84 on total volume of 30.19 million shares in a generally mixed broader market

"The response (from investors) is beyond our expectations," Protasco executive chairman Datuk Hasnur Rabiain Ismail said after the listing ceremony in Kuala Lumpur.Protasco, an investment holding company with four subsidiaries – HCM Engineering Sdn Bhd, Kumpulan Ikram Sdn Bhd, Paves Sdn Bhd and Protasco Trading Sdn Bhd – is involved in road construction and rehabilitation as well as road maintenance. The group currently owns the largest fleet of recycling machines in South-East Asia and the second largest worldwide. Going forward, Hasnur said Protasco would continue to bid for both government and private sector projects to maintain growth in its order book, and that it was confident of winning all the projects it had tendered for.

"In the longer run, we are confident of being able to capture the major share of local road rehabilitation and maintenance jobs as we have the expertise and can provide a cheaper alternative," he added. On top of an order book of RM1.36mil, which will keep the group busy until 2005, Protasco also holds three concessions that will provide it with recurring income.

As new roads are added, the demand for rehabilitation and maintenance work will grow," Hasnur said. On overseas expansion, he said the group planned to bid for jobs in countries like India and Bangladesh but would do so cautiously.

stop thinking. especially with go-nowhere stocks like this. listen to, or watch what the market is saying -> look at the stock price. you don't have to be a genius or phd holder to read a price chart.

Post removed.Why?

look at wing tai, power root, hup seng, tune insurance and johore tin.

all going into Syed Mokhtar Al-Bukhary pocket. you still want to buy? i say boycott all the way. don't buy Proton. Don't buy Gardenia. full-stop.

you want to buy mas. seriously?

this stock is super bullish. 1 year up 86%. last 5 years up 550%. how about that.

citytrader, you're a smart guy. average up, not down! that is very good advice. averaging down leaves cash locked up in non-performing stocks, therefore causing you to miss out on other opportunities. excellent.

you guys have all made valid points. you've said it yourself, in not so many words. in addition to the strangeness of a road maintenance company going into oil and gas, you've got the governance issues. another question - why not just go for the same kind of business you have experience in - road construction and maintenance. make money, and plenty of growth in Indo too. leave o & g to the experts. do you think an accountant can become a doctor overnight?

what happened to Wigan Athletic, can happen to Parkson. relegated to penny-stocks. Metrojaya is part of mui industries. anyone want to check how that stock is doing?

now below RM4, if they don't hire the right people, RM3, then RM2 very very possible. Bursa is a cruel place. no mercy for non-performing companies.

you are right. i am wrong. congrats. keep buying and enjoying your profits! there is still absolutely no way i will EVER touch this stock. but thats me. i'm glad to miss out. more for you and everyone else to makan.

Accumulate at your own risk. The question you should all be asking is - Does Parkson have the leadership and management talent to pull off the China expansion?

The market is clearly saying "NO" - I agree

Quit China and hire a GwaiLo CEO with experience. Only then will the share turn around.

newboy. stop being a sickboy and taking pleasure from these people's suffering. do you think the market isn't aware of all these outbreaks? why hasn't the share already gone up? stop fooling yourself.

if 7106 hasn't already gone up, it won't go up, or rather not as fast as other counters. this share is a laggard. this is basic stuff man. stop trying to fool yourself.

"With regards to the collateral, the shares were worth RM 55,038,167 as of 6 May 2013 at a conversion rate of 1MYR = 3273.80 IDR." - that IS the point. the value of the shares change with the IDR rate and stock price. Not very good at all.

Why wasn't the 5o million held in trust to avoid this massive unnecessary risk???

The market knows this, that is why this stock is a laggard.

Don't be blinded by the dividend & buybacks!

this counter is fantastic as a long term investment. very competent management. why would anyone want to sell this stock?

highly unlikely to be a speedy rollout. i'm sure UMNO would like to win GE14 too.

KC, anyone can do the buy @ support sell @ resistance (buy at .40 sell at .50) but is that very rewarding?

anyone who has been following this disaster if a company know that the management are a bunch of lying a*&-holes and F*&kers.

The price has gone from a high of 8.00 to now .50. Has been in a downtrend for the last 5 years. This cat is dead and gone - roadkill

man i seriously hope you are right. by the way, has anyone else noticed that giant GAP in price on KLCI, after elections. that price-gap needs to close.

if you think this stock is on the way back up, either buy when it closes above 1.40 or at support at 1.09 - 1.10. that is if you must buy sendai (as if they aren't any other better counters to buy).

price action: - confirmed long-term downtrend, two touches at 1.40 price level, and price has rejected strongly both times. its confirmed strong resistance. unless price moves above 1.40 and closes above on daily and weekly candles, don't even begin to dream of 2.00.

and i still have stock - so i would love to be proved wrong.

yeah you're right i need to calm down, however i hate people giving bad advice. especially to newbie investors, because i had the same experience. listening to people talking cock can cost tens of thousands of dollars.

how much money have you lost Yang? must be millions with your kind of advice

only idiots talk like this - "it will fly...when the new out"

don't be a dumb dumb and by cliq. you will lose. i keep telling people - buy good counters, oldtown, power root, mbsb, apollo, wing tai, johore tin, cbip, jobstreet.

only buy cliq if you;re a professional trader/speculator

"new come out ma" is not an investment strategy

no

I can only suggest junior. Its up to you to check my info (by googling the company & doing some of your own research). Then you have to man up (take responsibility) and make the call to buy-when, buy-how much, and when to sell. That is the fun of investing. Otherwise you pay an investment advisor to help.

O, btw, if you see people taking about "fly", "hantam", "goreng", these are speculators/gamblers who don't have any idea what they are talking about and have lost shit-loads of money in the past and going-to in near future.

don;t listen to idiots like peter123. talking absolute rubbish.

all the chinese stocks are exactly like Transmile or Ekran. Do you know what I'm talking about? if not, get out of Bursa.

This management team is top class. Really takes care of minority shareholders. How good is that! Makes Kseng management look like ametuers

can theme has begun. watch the can-related counters. probably due to falling price of tin.

http://www.lme.com/metals/non-ferrous/tin/ - click on graph.

As tin price drops (due to stronger US dollar on talk of QE ending) all can counters will go up.

Post removed.Why?

Post removed.Why?

At the end of the day its your money. Do what ever you want.

No it won't. in 6-12 months you'll all be crying. You're better off buying a real company with proper management, financial track record and dividend track record. Buying a SPAC is for short term speculation and defiantly not for a newbie investor. To suggest this for a newbie is irresponsible!

No not CLIQ. Its speculative. Thats bad advice for a newbie investor necro. You should know better!

some found a can opener and open the can!