PROTASCO BHD

KLSE (MYR): PRTASCO (5070)

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Last Price

0.23

Today's Change

+0.005 (2.22%)

Day's Change

0.22 - 0.23

Trading Volume

3,601,800


16 people like this.

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

MikeT

204 posts

Posted by MikeT > 2014-08-08 11:05 | Report Abuse

got war, got ebola. dont buy any shares now la. keep the money.

bull1995

29 posts

Posted by bull1995 > 2014-08-08 12:57 | Report Abuse

Cheap sales. War is man made gives opportunity to buy cheaper.

bull1995

29 posts

Posted by bull1995 > 2014-08-08 12:58 | Report Abuse

Not sure what Obama tries to do. But for sure he cannot do much. He's not Bush father and son.

bull1995

29 posts

Posted by bull1995 > 2014-08-08 13:00 | Report Abuse

For sure stocks are cheap sales. Erlier no chance to buy now maybe can consider few lots. Try my luck.

halopanda

112 posts

Posted by halopanda > 2014-08-08 16:46 | Report Abuse

Strong selling today

mk88

986 posts

Posted by mk88 > 2014-08-08 17:10 | Report Abuse

strong selling = strong buying

wmliang

38 posts

Posted by wmliang > 2014-08-09 12:14 | Report Abuse

De centrum Unipark phase 2 block d sold out, block c will launching end of this month

firebird2

1,730 posts

Posted by firebird2 > 2014-08-09 12:38 | Report Abuse

Block D is a condo? Any idea how many units?
Anyone investing in these properties here? Thx

wmliang

38 posts

Posted by wmliang > 2014-08-09 12:42 | Report Abuse

Blk c n d is condo, total 320 unit

firebird2

1,730 posts

Posted by firebird2 > 2014-08-09 12:48 | Report Abuse

Thx wmliang.
Good for Protasco. Just wondering about the prospects of investing in some properties there.

wmliang

38 posts

Posted by wmliang > 2014-08-09 13:29 | Report Abuse

Protasco yakin jual kondo mewah - Utusan Malaysia - http://www.protasco.com.my/v2/index.php/headlines/253-protasco-yakin-jual-kondo-mewah-utusan-malaysia.html

wmliang

38 posts

Posted by wmliang > 2014-08-09 13:30 | Report Abuse

Protasco bets on residential property in South KL - Focus Malaysia - http://www.protasco.com.my/v2/index.php/headlines/251-protasco-bets-on-residential-property-in-south-kl-focus-malaysia.html

firebird2

1,730 posts

Posted by firebird2 > 2014-08-09 13:48 | Report Abuse

Wow, condos fetching good prices there as well. Thx a lot wmliang.

klseklse

124 posts

Posted by klseklse > 2014-08-10 21:30 | Report Abuse

location over there much nearer to KL when compared with Seminyih. Surround by SILK, BESRAYA, LEKAS, PLUS etc

Amao Mao

205 posts

Posted by Amao Mao > 2014-08-11 11:34 | Report Abuse

Somehow the good news cannot offset the setback in O&G + major shareholder selling...

June Ng

35 posts

Posted by June Ng > 2014-08-11 14:14 | Report Abuse

this share looking good but why the shareholder keep on selling their shares?

Ant

1,504 posts

Posted by Ant > 2014-08-11 16:09 | Report Abuse

use few days to kick out my protasco, bye bye.
and good luck guys.

Posted by Chris K Yeong > 2014-08-12 13:48 | Report Abuse

3.30pm rebound?

Funtrade

596 posts

Posted by Funtrade > 2014-08-12 14:04 | Report Abuse

TASCO way better than the PRO-Tasco =.="

nich0las

2,787 posts

Posted by nich0las > 2014-08-12 14:37 | Report Abuse

tis share must problem liao. zzz, if drop to 1.65, need to cutlose liao.

klseklse

124 posts

Posted by klseklse > 2014-08-12 15:13 | Report Abuse

fxxk this TPY, corporate speculator..another Halim Saad

heng88

144 posts

Posted by heng88 > 2014-08-12 15:33 | Report Abuse

y keep dropping, any insider news ? or maybe is a good time to buy low and keep for long term since their div is quite attractive, right?

huat2628

177 posts

Posted by huat2628 > 2014-08-12 15:38 | Report Abuse

what happened ? keep droping ?

free

8 posts

Posted by free > 2014-08-12 15:44 | Report Abuse

not sure when it will stable, better wait for longer period to ensure it enter consolidation period then just buy in

klseklse

124 posts

Posted by klseklse > 2014-08-12 16:15 | Report Abuse

Chris K Yeong: 3.30pm major sell off

Ant

1,504 posts

Posted by Ant > 2014-08-12 16:32 | Report Abuse

luckly i sold all my...

cockroach

418 posts

Posted by cockroach > 2014-08-12 16:41 | Report Abuse

luckily sold off all at 1.93

Posted by mimosapudica > 2014-08-12 16:43 | Report Abuse

1.68 can buy in?

Alex Lim

588 posts

Posted by Alex Lim > 2014-08-12 16:49 | Report Abuse

wait at 1.4x better...Q&G deal is call off...so need to wait for other good news..

nich0las

2,787 posts

Posted by nich0las > 2014-08-12 16:49 | Report Abuse

lucky i hold mine, haha..... keke. ki siao liao.......

nich0las

2,787 posts

Posted by nich0las > 2014-08-12 16:49 | Report Abuse

paper lose, RM600 only. hehe.

Funtrade

596 posts

Posted by Funtrade > 2014-08-12 17:05 | Report Abuse

Now all thanking god for managing to dispose off at higher price.

Those who bought at 2.13 must be real gek xim.
To invest in TPY stocks you must in before TPY in, must out before TPY out.

This share will up once it takeover Tesco.

Posted by mimosapudica > 2014-08-12 17:07 | Report Abuse

problem is when it takeover Tesco?

heng88

144 posts

Posted by heng88 > 2014-08-12 17:15 | Report Abuse

ya, i really gek xim, biught at 1.87

heng88

144 posts

Posted by heng88 > 2014-08-12 17:15 | Report Abuse

during that time got paper gain of 6k , also never sell off, now is paper loss of 6k :(:(

Posted by mimosapudica > 2014-08-12 17:35 | Report Abuse

heng88 don't gek xim, I just buy in at 1.68=), this stock is quite a potential stock, if you visited their De-Centrum site, 100acres land to develop, and located 5min to 2nd IOI Mall will be complete very soon, unless you need Cash out so urgently, otherwise keep here should be alright.

klseklse

124 posts

Posted by klseklse > 2014-08-12 17:39 | Report Abuse

Ooi Kock Aun & Tey Por Yee : avoid at all costs

halopanda

112 posts

Posted by halopanda > 2014-08-12 18:05 | Report Abuse

Protasco said in their annual report that one of their goals is to become a multi billion dollar company in market capitalization. At the current price, Protasco is only a 600 plus million in market cap.

Furthermore, the dividend yield at the current price assuming 10 sen per year is about 6 plus %. How many counters can you name with such dividend yield in Bursa?

ykgykg

341 posts

Posted by ykgykg > 2014-08-12 18:18 | Report Abuse

The dire need to exit this counter seem quite formidable by the shareholders despite repeated call for long term investment with RM2.60 TP. The dividend yield presumably ignore. Those who are bold enough to accumulate will emerge the ultimate winner.

Ant

1,504 posts

Posted by Ant > 2014-08-12 18:37 | Report Abuse

i bought prtasco @ 1.61. becos of the Oil and Gas. now i had sold my yesterday and make a bit of money.
the De-Centrum is not so strategic of the moment if might take few years to develop.
unless LRT can reach there tomorrow.

just careful he might go back to 1.4 even 1.2.

promaxsam

172 posts

Posted by promaxsam > 2014-08-12 19:42 | Report Abuse

strong support at 1.66 fibo 50% , once break down 1.66 going to holland

Funtrade

596 posts

Posted by Funtrade > 2014-08-12 20:52 | Report Abuse

joerakmo:

Relax bro. I apology if the joke is not obvious enough. LOL

halopanda

112 posts

Posted by halopanda > 2014-08-12 23:40 | Report Abuse

Oil and gas venture announce already can be postponed and cancelled.

PP and projects announced can also be postponed and cancelled. PP was due to be carried out in July. In the end, it was pushed back to Jan 2015. Who knows.

This company hasn't implemented any major announcements so far. Every announcement has either been postponed or cancelled. Highly dubious..

halopanda

112 posts

Posted by halopanda > 2014-08-12 23:52 | Report Abuse

It's not uncommon for Bursa shares to go up multiple times in a short time of one to two years, even for companies with poor performance

The operators for this company if any, are quite bad. Haha. The amount of share price increase they managed to push and goreng from all the exciting corporate announcements and a reasonably solid company is only $1 or 100% in 2 years. There's so much more value they could extract by pushing it higher rather than take profit at mere $2 and hurting investors and speculators confidence. Investors will actually buy given the fundamentals of Protasco.

Not sure if thwy are aware of this. It will be harder to goreng now. Good luck.

Ayamjohor

19 posts

Posted by Ayamjohor > 2014-08-12 23:57 | Report Abuse

Majority investors buy into the oil news. Those made money loves the new investors. Those not just keep on waiting dividend or curse the ceo not investors. Can smell obvious winners and losers here. The ceo cannot bring share price up and ask new investors to come in. After news on oil and new investors came in share price can go up so high. Share price up ceo sell first then other investors follow. Curse the ceo sold highest? Now share price down they are buying. Being stuck century. Thank you ceo for bringing smart investors and the price up. I wait to buy again when smart investors are buying.

Posted by Lai Y. Keat > 2014-08-12 23:59 | Report Abuse

True opportunities come when no one noticed it

Ayamjohor

19 posts

Posted by Ayamjohor > 2014-08-13 00:09 | Report Abuse

Also after reading the news. The smart investors and ceo pakat did a good show. Just pity didn't meet commercial terms else would end higher. Nothing wrong if change decision base on time to time market condition. If suddenly property market collapse you think smart property companies continue with big plans? Smartest ones will stop and watch or change plan. Oil news also market may change may not because of no good but not meet each other taste. Cannot speak Japanese don't say Japanese lady are no good. Just taste and culture different. Not many people are adventurous. Same as stock. Buy low sell high. Bodoh atau pandai just thin line. Careful or careless also thin line. I just being careful buy and sell. I smell buy opportunity again. Weak holders better sell now.

Posted by arbainmahmood > 2014-08-13 06:00 | Report Abuse

waiting target price from RHB.... :)

heng88

144 posts

Posted by heng88 > 2014-08-13 06:41 | Report Abuse

Thanks for your advice, Mimosapudica.:)

Lucas Chan

1,674 posts

Posted by Lucas Chan > 2014-08-13 09:10 | Report Abuse

any suggestion?

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