The Vendor further provides and guarantees to PB that the PT ASI Group shall achieve a consolidated profit before taxation amounting to USD50,000,000 (“Total Sum”) for four (4) consecutive financial years and subject to relevant terms in respect thereto.
Company entering a new phase of growth with expanding property portfolio and venture into oil and gas (although not confirmed). This is supported by the stable road construction & maintenance and engineering services which provide recurring income.
Expect company to be priced at a higher P/E partly in line with that of oil and gas and property counters when these divisions come in.
I have prepared an updated report on Protasco Bhd. However I'm unable to upload the attachment here (unless someone could tell me how to). If you are interested in having a copy, drop me an email add I can send to. Also feel free to comment.
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....
sephiroth
14,145 posts
Posted by sephiroth > 2013-04-05 16:57 | Report Abuse
Once private placement shares listed, maybe can buy at 0.95 and below