there are many law suits. do not see how they can be settled any time soon. expect them to take years. meanwhile, sc has yet to act. in Stanley tai's case, it took them some 6 years to start prosecute him.
Investor and local institutions now realize that the reconstruction work at the flooded states is soon to begins. As the infrastructure company PRTASCO will grab a bag of contract. This is why construction counters is going north nowadays. Buy now as I foresee price will climb further up.
Jjong. One is MD the other also MD. Managing Director gets more because he is transparent. Mat Driver gets less because he is not the boss. Boss gets $80million a year hidden we small people tak boleh question. Ini kali lah.
Road builder will get more contract from the infrastructure repair work in flooded state next week. This will boost the company income and price will go north. Buy now and keep for next three months, and u will see the return.
accumulate now....De Centrum sales is good ( phase 1 sold, phase 2 sales is good ). Road maintenance having extra revenue due to floods and more works given......
Losses for FY 2014 amounted to over RM 100m due to corruption, TPY and coal trade with Indonesia party. Every dealing with Indonesia parties will make total loss. Hope no more future dealing with Indonesia parties. TPY and CEO are liable for corruption. WHere is MCCA?
Tan Sri Hadenan di salah guna sudah di buang MACC! MACC masih di jaga Hadenan? Masih chairman Protasco ke? Kelilu laporan Bursa. Salah lapor ke? Mana Bursa sibuk lepas ikan besar kejar ikan bilis? http://www.bursamarketplace.com/index.php?ch=ch_content&pg=pg_cont_news&ac=16875 Uang ratusan juta di makan bertahun-tahun patut semua di pecat. Kenapa hanya Hadenan?
I liked this stocks until Nov 5, 2014. After the news of oil and gas fraud. And shockingly, neither SC nor Bursa take an interest in it. I have since replaced it with Vitrox, Padini, Wellcal, Prestariang, OCK and Gadang. Out of the 6, 3 are doing around 30% gain, the other 3 is down about 10-20%. They are OCK, Gadang and Padini. I will continue to buy gradually, as I am looking beyond one year, although these stocks are facing some hiccups in their earnings. So did Prestariang.
Protasco, catalyst is actually the Kajang land, De Centrum. Warren Buffett once said about management/expectations, honesty is very expensive gift. Do not expect it from cheap people.
Well, just another case like 1MDB. Nothing new. Fraud are encouraged as no one get caught. Businessman call it strong relationship with government bodies is good for business. I wonder what does that mean to common people?
With KPChong MD you guaranteed wait dividend 20years later got profit lor. Cantonese said Deng Sei 等死. Share price flat 20 years. Better than buying house 30years instalment. Man Man Deng lor.
After waiting for almost a day, finally matched at RM1.53 I believe base on recent price consolidated for a short period due to court case and allocation of the loss in Indo venture. All negative factors should reflected in the share. The bad time should over. Recent 2 projects secured will provide some light for Portasco. I strongly feel that the downside should limited compare to uptrend! Any further price down will provide good opportunity to accumulate!
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....
samsung555
478 posts
Posted by samsung555 > 2014-12-12 20:32 | Report Abuse
Protasco aborts private placement and bonus issue of warrants
http://www.theedgemarkets.com/my/article/protasco-aborts-private-placement-and-bonus-issue-warrants