i am neither support and not support Chong, but be rational, if the share price dropped, the person who lost the most money is the major investor which is him, any 1% dropped would cost him more than a million. As for the politic and conspiracy wide spread on internet, i think both parties (or more parties) are equal 'Dirty', and all of them just work for the bigger Boss.
@Hungryghost, no doubt IRB is in aggressive mode, any PLC maybe their next target, nobody know except the insiders. Apparently EPF emerged as a substantial shareholder in May with 15 million share acquired within a month, so i guess Prtasco is not in IRB list.
Name : CHONG KET PEN NRIC/Passport No./Company No. : - Nationality/Country of Incorporation : Malaysia
Address: -
Descriptions (Class and Nominal Value): Ordinary shares
Name and Address of Registered Holder: You are advised to read the entire contents of the announcement orattachment.To read the entire contents of the announcement or attachment,pleaseaccess the Bursa website at http://www.bursamalaysia.com
Details of Changes
Date of Notice : 05/06/2017
Transactions: No. Date Transaction Type No of Shares Price (RM) 1. 31/05/2017 Acquired 1,784,200 - 2. 01/06/2017 Acquired 1,815,800 - 3. 02/06/2017 Acquired 800,000
Proven ckp buying. Chong ket pen is Najib ppa1m or pro Tun or spy? EPF = Najib or Tun? Now is Chong Ket Pen = EPF. Sooner or later Chong Ket Pen vs EPF. Tun vs Chong Ket Pen. History never change.
CKP, Tan Heng Kui, Lim Chai Beng, PAS vs EPF, Najib, UMNO vs Tun, PPB. Like GE 14th? Nobody actually cares. Its just EPF swollow CKP. Plain straight forward and normal.
@hillsixtynine, the new 11 million share accumulated by EPF should be around 0.95-1.02 price.
this counter not many retail investors, for the past few weeks, 40% of the share were traded by institutes and directors, so minorities are fed up with the drama play by senior management?
It's not CKP fault to put blame on others. He was panic and no idea how to solve in business way, and lawyers went to him to make money from him. He goes jail or not is his own problem. They just want his money.
Now his most aftaid nightmare comes true. EPF slowly buy and hostile him. He rob control of protasco ends up lossing it still. He has to buy faster than EPF.
If protasco got hit with billion ringgit legal suit, all banks will run, EPF will buy over and make ckp pay for his old debts. Rob money also he must keep buying shares.
This protasco is g good fundamental stock ..can buy in and keep ..expected fyr 2018 result will becomes positively grow ..beside that election is coming soon ,definitely will benefited to this company .recurring income is from all helping government building maintenance ...HLinvest research giving TP 1.20 fair value ..is time to jump in
Prtasco is one of the lucky counter selected by Bursar Mid stock scheme, hence it may benefit from the 3 billion budget. the only problem with this counter is the property division and the super high debt ratio. if both of these matters could be mitigate in coming quarter, it may attract a lot of institute due to his good fundamental, election counter, and most importantly good dividend payout.
CKP fraustrated old boss and tried to get close to government but was made fool of him. Old and new government ask him for election contribution, ckp stingy and claims no money. They have to take back themselves since Protasco belongs to government anyway. They took back their own, ckp is just gate keeper, underwear also belongs to government.
The balance concession already 70% margin gone, and any new election road maintenance profit will be for election. Old or new government will want a piece, CKP likely has to subsidise to buy himself time. Those profits nothing to do with investors.
CKP told lies for 3 year using OsK and Melacca, etc, now Hong Leong Research to boost confidence. It will be useless until government take back and ask back from him personally. Likely cheaper. EPF moves mean time is up.
Corruption is not the main problem. The MD with no dignity and credibility is the main problem. No matter how hard he tries to wash his hands full with his victims blood, he will die with it without honour. A robber who claims himself innocent still forever be a robber. Ckp should surrender himself or commit suicide.
A country under Adik Obama or Uncle Trump, or Atok Mahathir or Abang Jib. The country is same but dignity and crebility varies. To save Protasco, ckp is main obstacle. Matter of time society will clean up, maybe EPf is one. Invite the wolf to his house is just the begining of his end.
So many non investor make persoanl attack to CKP, most of them are new members and only posted lesser than 5 comments, are those cycber attack initiated by CKP rival?
PPA1M putrajaya was extreme successfully, PM even appeared in the event to hand over the keys to owner, around 600 million received will be reflect in 2Q result.
How he steals? He cheated Daim to sell protasco to 2 c2pid chinese ooi kock kock and teh poo poo, and cheat them. That is how chong came into power of protasco. A thief. Indirectly steal from daim. Tun ask him contribute for election, chong said he given to pp1m (ah jib). Tun hate chong so much will put him 6feet under before election. Share price drop.
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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....
Nikmon
3,014 posts
Posted by Nikmon > 2017-06-05 14:37 | Report Abuse
i am neither support and not support Chong, but be rational, if the share price dropped, the person who lost the most money is the major investor which is him, any 1% dropped would cost him more than a million. As for the politic and conspiracy wide spread on internet, i think both parties (or more parties) are equal 'Dirty', and all of them just work for the bigger Boss.