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

Posted by hunter123 > 2014-09-25 11:32 | Report Abuse

Tiger87, Betahan76 and Invest2020 are all Tey Poh Yee, dont bother hiding or using fake id, we see you :p

Posted by Behtahan67 > 2014-09-25 12:10 | Report Abuse

Hahaha hunter123 joerakmo are latuk chong of Potasco lor! All here huray!

Posted by Behtahan67 > 2014-09-25 12:12 | Report Abuse

Sell lah latuk hide behind listed co. Investors are buying.

nich0las

2,787 posts

Posted by nich0las > 2014-09-25 14:53 | Report Abuse

suddenly up so much, huh.....

sharmanisa

132 posts

Posted by sharmanisa > 2014-09-25 15:31 | Report Abuse

Last 2 days was panic selling which touch lower bound 1.65... But the stock is recover back..!!!

lcng123

1,125 posts

Posted by lcng123 > 2014-09-25 16:47 | Report Abuse

nextgram 3 directors sue by protasco and now another 3 of directors resigned. looks like nextgram having big problem.

bing

3,794 posts

Posted by bing > 2014-09-25 16:51 |

Post removed.Why?

bing

3,794 posts

Posted by bing > 2014-09-25 16:52 |

Post removed.Why?

bing

3,794 posts

Posted by bing > 2014-09-25 16:53 |

Post removed.Why?

bing

3,794 posts

Posted by bing > 2014-09-25 16:53 |

Post removed.Why?

sl3ge

140 posts

Posted by sl3ge > 2014-09-25 16:54 | Report Abuse

haha, tey poh yee are counting money, not free and wont appear here :P

bing

3,794 posts

Posted by bing > 2014-09-25 17:05 |

Post removed.Why?

ccc444

55 posts

Posted by ccc444 > 2014-09-25 17:22 | Report Abuse

Why removed my post?

Posted by itjustabouttheprofit > 2014-09-25 18:56 | Report Abuse

Let's wait and let protasco win the court case. Then he will declare the winning money as dividend. Huat ah!

sam5941

227 posts

Posted by sam5941 > 2014-09-26 01:13 | Report Abuse

everyone should look at the huge fall of US first. It is a sign of bear. Breach 1700 and fall to 16958..

TuaHuat

1,462 posts

Posted by TuaHuat > 2014-09-26 09:53 | Report Abuse

Be bear hunter :)

infoline

23 posts

Posted by infoline > 2014-09-27 00:23 | Report Abuse

Why one boss sued the two boss? The two boss not important?

TuaHuat

1,462 posts

Posted by TuaHuat > 2014-09-27 10:25 | Report Abuse

In brief, 1 claimed that another 2 cheated the co.

ykgykg

341 posts

Posted by ykgykg > 2014-09-28 17:42 | Report Abuse

Integrity , transparency , responsibility must be uphold by the directors before the company can move forward. Any business , there are risk but must exercise with utmost cautious otherwise they will lose their credentials and erode stakeholders' confidence . Thus, eventually cause the reputable company to collapse !. It takes 20 years to build a good reputation but it takes 2 minutes to ruin.

sosfinance

1,305 posts

Posted by sosfinance > 2014-09-29 15:25 | Report Abuse

The impact from the o & g is not significant, but can't really place a value on the integrity of the BOD. The issue need to be resolved ASAP, until then, just get the dividend.

nich0las

2,787 posts

Posted by nich0las > 2014-09-29 20:24 | Report Abuse

Bursa : [Further to our announcement dated 24 September 2014, Protasco Berhad (“Protasco” or “Company”) wishes to announce that the first case management date for the Legal Proceeding is fixed on 3 October 2014.]
This 3 October Share price must drop. =.='' wants to see protasco rebound also susah liao.

halopanda

112 posts

Posted by halopanda > 2014-09-30 08:54 | Report Abuse

Hearing sure get postponed like all other legal cases. Postpone until everyone forget about it.

JayC

1,302 posts

Posted by JayC > 2014-09-30 15:57 | Report Abuse

price already reflecting this integrity issue. buy buy buy

cfoong

1,189 posts

Posted by cfoong > 2014-10-02 11:10 | Report Abuse

1.67/1.68... still a bit too high.... need to increase the margin of safety for this counters due to management problem.

cfoong

1,189 posts

Posted by cfoong > 2014-10-02 19:16 | Report Abuse

Hit 1.65 closing... hahahaha.... runtuh lagi...expected.

joerakmo

725 posts

Posted by joerakmo > 2014-10-03 10:31 | Report Abuse

Hope common sense prevail today to avert a lengthy trial.Then each goes their own way:
http://www.youtube.com/watch?v=6ul-cZyuYq4

kiong2014

15 posts

Posted by kiong2014 > 2014-10-03 14:38 | Report Abuse

court case ongoing or postponed ?

Oldstory

38 posts

Posted by Oldstory > 2014-10-03 17:47 | Report Abuse

The way i see it, pity Chong and 2 of his partners Ooi and Tey. All being used and falls into trap of devils. Easy to stir anger and raise the devil, they never think of "reason behind". Small investors being sacrificed. Truth will reveal we all wait.

hocklai

265 posts

Posted by hocklai > 2014-10-07 22:03 | Report Abuse

heading to 1.40

cfoong

1,189 posts

Posted by cfoong > 2014-10-08 11:20 | Report Abuse

1.35 to 1.39..soon.... back to the prices a yr before...whc it was stagnant there for long tht time... it shall get strong support there... if no further "surprise" from the board of directors...

halopanda

112 posts

Posted by halopanda > 2014-10-08 18:09 | Report Abuse

Lao sai liao lor

ykgykg

341 posts

Posted by ykgykg > 2014-10-08 18:27 | Report Abuse

The company must formulate new strategy to counter the recent set back . This is part of the painful lesson learnt before the company can leap forward. The true investor are waiting for any fresh lead which should be tangible before investing. Most of the investors nowadays are highly educated unlike in late 70s or 80s who are just jump into the bandwagon without much thought.

sapura

23 posts

Posted by sapura > 2014-10-08 19:13 | Report Abuse

The existing management and board abusing PLC like this, clearly for personal agenda, is enough to get entire board suspended. There are minority shareholders here. 30 years in bank never seen such abuse by PLC management.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2014-10-08 19:17 | Report Abuse

down to hell.... = =

joerakmo

725 posts

Posted by joerakmo > 2014-10-08 19:52 | Report Abuse

Buy below Rm1.30 (net asset)
FYI:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1759437

TPY and OKA directorships in other PLC's could be affected

pinang3

5 posts

Posted by pinang3 > 2014-10-09 06:50 | Report Abuse

Lucky i sold above 2 so i can buy now. Seems like CEO really run the business like cowboy, now repeatedly use listed co resources for own. As for these funny accusations until proven else wont give excuse to play out the 2 shareholders. Time to buy when the two fights.

pinang3

5 posts

Posted by pinang3 > 2014-10-09 07:26 | Report Abuse

Wow! After read the news, it raises more questions. This is first time I see a listed co board allow CEO to do whatever he wants. All these reports means the board of directors all dont know or all gang up with CEO? The 2 coy are directors how come didnt voice out? Can the 2 later follow CEO also sue and report the CEO wasting listed co resources? Some one should send all these directors to class on how to run listed co. No eye see.

pinang3

5 posts

Posted by pinang3 > 2014-10-09 07:30 | Report Abuse

The accused directors better voice out sooner. Investors need more balance info.

Oldstory

38 posts

Posted by Oldstory > 2014-10-09 11:24 | Report Abuse

Some strange people here simply give comment as if they are judge. So easy affect the two boys other plc directorship? If yes Maxis Annanda sue by india his companies all affected? Fat dream. Study few years law first before simply make comment. Innocent investors here trying to make their living. Pitty the 3 partners here must be first time doing business. No knowldege at all do all these at the cost of public.

Oldstory

38 posts

Posted by Oldstory > 2014-10-09 11:30 | Report Abuse

ykgykg "Most of the investors nowadays are highly educated unlike in late 70s or 80s who are just jump into the bandwagon without much thought." Welcome to 21st century, i see the same knowledge of higher educated investors. Share price goes up today, hope to fall down didnt happen.

speakup

27,014 posts

Posted by speakup > 2014-10-09 11:35 | Report Abuse

the smart money already left Prtasco to join Bjcorp.

bull1995

29 posts

Posted by bull1995 > 2014-10-09 13:11 | Report Abuse

Agree. Boring stock here Buy BjCorp. VT is still the best businessman. Cheap cheap.

sapura

23 posts

Posted by sapura > 2014-10-09 16:55 | Report Abuse

Share up means no impact. Investors are smarter than expected. The drama, all directors especially the Latuk CKP and 2 of his targets, all will be affected.

sapura

23 posts

Posted by sapura > 2014-10-09 16:58 | Report Abuse

Speakup is right, the two young ciku should speak up, or not qualify as directors. So as the entire board of this directionless ship. How can a public company board let this happen. Buy BJcorp better, proven record.

sapura

23 posts

Posted by sapura > 2014-10-09 17:00 | Report Abuse

Small small guys in market gang up, fire the entire board. Get BJcorp take over and run the business.

Posted by itjustabouttheprofit > 2014-10-09 18:50 | Report Abuse

If u dun like this share please get away from here. I dont know what bjcorp reward to their shareholder. Does bjcorp give u dividend? No. I know they only give you RM100 voucher during AGM.Does bjcorp share increase? No. In fact, it depreciated about 40 to 50 percent. If u r not fundemental investor please go away from protaaco and go for bjland, bjcorp, sumatec, pdz etc. Dun come here 识小小扮代表。 This share give u 6percent dividend per year which is one of the best return for fundemental shareholder

Posted by itjustabouttheprofit > 2014-10-09 18:53 | Report Abuse

Dun talk cocky thing if u dun know whole story. U tink they run business like cowboy? Put ur thinking on why they wan to make it as legal case and they also lodge police report to both directors. If they doing monkey show, why they wan to this thing become so big? Why the director in nextgram resign after heard that mr tey is charged by protasco?

Posted by itjustabouttheprofit > 2014-10-09 18:58 | Report Abuse

One more thing. If the main shareholder wan to cheat minority shareholder, why they dun wan to cheat from the start when protasco listed and wait so long to cheat us? For a few million dollar then they destroy their hard work for so many years? Think about it. The main owner have cheated by mr tey. It is mr tey personal integrity problem. Why all just attack the main owner but not mr tey? Are you all hired by mr tey to attack on the company to revenge?

Posted by optimusx8888 > 2014-10-09 19:09 | Report Abuse

going to 1.20 soon.

Posted by wannabeinvestor > 2014-10-09 21:32 | Report Abuse

couldn't agree more with you itjustaboutheprofit... Prtasco has been steady giving out dividend for the past 12yrs.. steady profit, cash rich, reasonable debt.. Prtasco did the right thing to sue the director involved to regain their integrity... I believe this is the opportunity to accumulate more..

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