PROTASCO BHD

KLSE (MYR): PRTASCO (5070)

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Last Price

0.225

Today's Change

-0.005 (2.17%)

Day's Change

0.225 - 0.225

Trading Volume

161,400


16 people like this.

5,875 comment(s). Last comment by Dehcomic01 2024-07-16 14:39

Sapphire

1,765 posts

Posted by Sapphire > 2014-01-22 10:29 | Report Abuse

GOOD STORY...BIG SHARK IS DOING CHARITY...GREAT! CONTROL THE COUNTER..UP DOWN SO FUNNY..NICE..

Sapphire

1,765 posts

Posted by Sapphire > 2014-01-22 10:30 | Report Abuse

HE CAN SWITCH ON AND OFF EASILY..NICE...DO IT 1.60.I WAIT U THERE..

sean

312 posts

Posted by sean > 2014-01-22 10:32 | Report Abuse

surge liao

Posted by manutdchampion > 2014-01-22 13:41 | Report Abuse

still can in now?

Posted by manutdchampion > 2014-01-22 13:42 | Report Abuse

i worry is uptrend just only goreng

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-22 14:05 | Report Abuse

Man U dChampion,
After reading this, it might help you to decide?

http://klse.i3investor.com/blogs/kianweiaritcles/44980.jsp

lepeng85

256 posts

Posted by lepeng85 > 2014-01-22 14:06 | Report Abuse

sound good to invest, thanks.

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-22 14:06 | Report Abuse

Its from kind friend TanKW again.

lepeng85

256 posts

Posted by lepeng85 > 2014-01-22 14:09 | Report Abuse

Can you share his blog ?

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-22 14:10 | Report Abuse

Yes lepeng85, dividends are much better than parking in FD, and with all the positive excitement generated by the company

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-22 14:18 | Report Abuse

Did you get the link above, then click blog index, you can read the goodness, generous, genuine sharing by Tan KW

lepeng85

256 posts

Posted by lepeng85 > 2014-01-22 15:13 | Report Abuse

ok, got it. Thanks you Firebird. http://bursadummy.blogspot.com/2014/01/protasco-seeking-for-breakthrough.html

Posted by Soo Wai Leng > 2014-01-22 15:14 | Report Abuse

Everybody, today's jump and excitement may not be sustainable. But, she will move up slowly in sustainable manner.

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-22 15:14 | Report Abuse

Welcome. Have a nice day

lepeng85

256 posts

Posted by lepeng85 > 2014-01-22 15:20 | Report Abuse

I found another sharing as:
http://hongwei85.blogspot.com/

tonylim

4,796 posts

Posted by tonylim > 2014-01-22 15:25 | Report Abuse

Anybody has update on this one?

"proposed to acquire a 76% stake in PT Anglo Slavic Indonesia for rm171 million which is waiting due diligence and is expected to be completed in Oct 2013."

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-22 15:28 | Report Abuse

Ok got it lepeng. No news yet on this oil venture.

tonylim

4,796 posts

Posted by tonylim > 2014-01-22 15:33 | Report Abuse

If oil venture called off, the price will shoot up.
Hope Tey dont milk the cow of its cash

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-22 15:39 | Report Abuse

I think Felda is disposing. The reason why its climbing at this slow rate. If they can get a good revised oil deal, could it be also the price will shoot up?

lepeng85

256 posts

Posted by lepeng85 > 2014-01-22 15:42 | Report Abuse

Today volume is huge...

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-22 15:44 | Report Abuse

Hugh volume price up is a good sign, no?

Posted by simonfish1 > 2014-01-22 16:17 | Report Abuse

everybody look at this stock @ last few minutes before closing, will fly to sky.

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-22 16:20 | Report Abuse

Ok will look at it at the last few minutes. Thx

Posted by simonfish1 > 2014-01-22 16:28 | Report Abuse

everybody rush to buy this stock, will fly fly fly

Fitri

143 posts

Posted by Fitri > 2014-01-22 16:40 | Report Abuse

ni company tambak jalan kan? macam boleh beli je

mk88

986 posts

Posted by mk88 > 2014-01-22 20:53 | Report Abuse

next resistance 1.55

chiakgs

2 posts

Posted by chiakgs > 2014-01-22 20:58 | Report Abuse

Trend is side line now...

dextronium

282 posts

Posted by dextronium > 2014-01-22 21:18 | Report Abuse

dear chiakgs
why do you say so? because the MACD and moving averages look very promising at the time being. The candle today also shows a gap but the long upper shadow may be a bit worrying...volume is very very good..I hope to see better picture tomorrow...can only wait and see for the time being...

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-22 21:31 | Report Abuse

Tmr we all hope to see the same as what happen today, volume and price higher.

mk88

986 posts

Posted by mk88 > 2014-01-23 11:36 | Report Abuse

closed below 1.45, all back to square one

Posted by leslieroycarter > 2014-01-23 12:19 | Report Abuse

looking at bursa today , most of the shares are fast coming down , look like major correction comes sooner than later...Year of Horse , followed by year of uncertainty .

Alex Lim

588 posts

Posted by Alex Lim > 2014-01-24 23:23 | Report Abuse

Monday hope can go up

mk88

986 posts

Posted by mk88 > 2014-01-25 09:30 | Report Abuse

price down due to selling of treasury shares

h2o8

12 posts

Posted by h2o8 > 2014-01-25 10:43 | Report Abuse

ya wonder who absorbed 7.8M shares got another 9M left though

h2o8

12 posts

Posted by h2o8 > 2014-01-25 10:46 | Report Abuse

somehow price would have to be pushed to 1.65 to entice private placement takers, and then possibly higher to be beneficial for the new set of investors

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-25 11:15 | Report Abuse

All being said, seems right. Just harsh reality, dowj last close will no doubt have an effect. Having a glass half empty seems a good choice since can add more. If we can always maintain this stance, we are always ready for any eventualities, do you guys agree?

speakup

27,019 posts

Posted by speakup > 2014-01-25 17:10 | Report Abuse

if company sold half treasury shares, likely it will sell the remaining half. Beware!

speakup

27,019 posts

Posted by speakup > 2014-01-25 17:12 | Report Abuse

if the company is doing very well, unlikely it will sell its treasury shares cheap. Company directors know the true insides of the company.

Risk Trader

3,942 posts

Posted by Risk Trader > 2014-01-25 17:15 | Report Abuse

Bad news is coming....sell yr holding and buy back below rm1.00

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-25 17:16 | Report Abuse

Why would sell it at current prices of 1.40 while they want to do private placement at 1.65? Just cant understand all these

speakup

27,019 posts

Posted by speakup > 2014-01-26 00:05 | Report Abuse

protasco at 1.40 is not cheap. i bought prtasco last time when only 80sen! but sold too early at rm1.

Posted by Ecoworld > 2014-01-28 00:04 | Report Abuse

Cheat investors saying going into oil business thats why people buy 90c to 1.40. why? If no oil go back to 90c, if got oil shoot to 1.80, so now is 50/50 hang middle cannot go higher than 1.50. Construction company you think become SPSetia overnight? Dont dream. Sell if you can, hopeless company.

mk88

986 posts

Posted by mk88 > 2014-01-29 07:53 | Report Abuse

treasury shares fully sold, expect the price to move soon. EGM tmrw to approve private placement at least 1.65 and bonus warrant

opportunity to buy

Posted by manutdchampion > 2014-01-29 12:28 | Report Abuse

mk88 are u sure tomorrow will approve private placement and bonus warrant?tq

Posted by manutdchampion > 2014-01-29 13:53 | Report Abuse

mk88:u buy how many lot?

mk88

986 posts

Posted by mk88 > 2014-01-29 14:21 | Report Abuse

99.9% sure the placement and bonus warrant will be approved. which shareholders will want to reject a bonus warrant, moreover placement price is higher than market price by 25cts

speakup

27,019 posts

Posted by speakup > 2014-01-29 14:30 | Report Abuse

something fishy. why will prtasco sell its treasury shares if it think price will go up. unless it thinks price will go down further!

mk88

986 posts

Posted by mk88 > 2014-01-29 14:37 | Report Abuse

the company secured many projects lately, require funding as working capital. millions of treasury shares sold were fully absorbed by big buyers quietly. Read RHB securities recommendations. lots of info there

Posted by manutdchampion > 2014-01-29 17:07 | Report Abuse

mk88 may i ask what is private placement?

Posted by manutdchampion > 2014-01-29 17:17 | Report Abuse

if i bought on today it mean treasury share or not?tq

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