Chong because of eaten money from protasco so much, he also rob from Malaysian - including you. The inflated margin belongs to every malaysian, not his pocket. So chong fake profit and borrow money from bank to pay dividend (to himself). He care less the investors even if company has no cash and have to keep borrow money. Chong get paid thats all he cares. So he rob from investors also. If you know little bit accounting, you can see how the fake profit turns into bank borrowing and dividend. Market opening. Buy Lim Kang Ho better. Cheap now.
amazing, so many hater purposely create an account to attack this counter. the price is near to 52 weeks low, a lot of investor lose money on this counter...
@Ranger7, could Lim Kang HO get Bandar Malaysia project? very risky, probably probably Prtasco has a better change to involve in Bandar Malaysia...haha
A former director of Protasco Bhd was charged in the Ampang Sessions Court today with fraud involving RM68 million, and making a false declaration, four years ago. Datuk Tey Por Yee, 40, claimed trial to both charges.
Corrugated packaging services provider Ire-Tex Corp Bhd is taking legal action to claim RM11.5 million from its former director and substantial shareholder Datuk Tey Por Yee.
Ckp and EPF buying up shares until 1.11. Sold half, wait for 1.15. Criminal ckp no matter what has to thank him for his nervous buy up. Above don't know what ckp did? He put blamr and sue 2 dumb shareholders ooi and teh. Rob protasco from them. Domino effect, other people also rob whenever has chance. You can sue people also when you rob and control protasco. No matter how ckp tried to show he performa, criminal is still criminal. He cannot clean this history.
Speculator as long price goes up, ckp is murderer so what. Nobody cares. Price will still goes up, hopefully 1.15 soon.
Chong ket pen supporter finally cannot stands his most afraid secret being reveal. Chong Ket Pen cheated ooi and teh the protasco shareholders who saved him, and damage people name causing their business suffer, very smart iszit? As good as killing and robbery, Chong ket pen put a blame on people and sue people in hope to escape his wrong doing, hero iszit? He sold his dignity and hide his shame, he pretend he can live with it, he told you he is very clean? Lololol. Don't worry, the dog who bites the hand who feeds will get his punishment. Chong ket pen loves money he stolen so much, many people will burn a lot of hell money for him. Don't panic.
2 development outcome which i wish will come true, recover 100 million from Tey since the deal was cancelled in 2015, no reason for them retain the money. Receive 600 million from PPA1M phase 1 as it was VP in March 17. With these 2 contribution, 2017 might achieve 1 billion revenue.
The 2 shareholders who buy protasco and saved chong ket pen later go cheated by chong ket pen are real dumb. They sold shares to protect thousands of shareholders and save company from chong ket pen blackmail and took the hit themselves. Only people with clear mind can see true intention and differentiate human from animal. Dog like chong ket pen will never gets to know what is karma until the moment comes. Chonf who thinks he cheat, kill and bribery is acceptable is mentally ill, we ahould pitty him. Don't worry chong ket pen can't go see Jesus or down to hell, he can always sits in protasco after life. So hard he rob and cheat to hold protasco, people will build a monument in front of protasco for public cursing forever. Lolol
@Yaokanhakzan, could you call your both best friend(or bosses) to return the 100 million to Protasco for the benefit of Protasco's investor. Investors are very unhappy with this and hope your friends(bosses) could return the money and close the case peacefully.
Talk more no use. Chong ket pen should not chicken put blame on others. He should honour his words and pay 100million himself to protasco for his own mistakes, and return protasco to ooi and teh, appologise and pay compensation, and then jump off the bridge himself. Die also with honour. He should donate everything to charity for the sin money he cheated and stolen, maybe hell gate will open a hole so he can squeeze himself in. Luckily many investor buy protasco and price must shot up to 1.15. The more panic chong ket pen is, price goes up more. At least people made money and burn more hell money for him when time comes. Lolol
@Yaokanhakzan, if your bosses willing to return 100 million to protasco, it will shoot up to RM2.00. it is business, if deal cancelled please return the money. the dispute between your bosses and CKP have nothing to do with us as investors.
Hence don't use the 100million as a hostile, the money is belong to shareholder not your boss and CKP.
Nikmon you should tell your friend or lover Chong Ket Pen returns back protasco to the owners ooi and teh, appology and pay compensation 100mil, and then cover his own mistake to company another 100mil. You ask him what he signed and agreed, for the price, is already saving him a lot of money compared to what he promised. He should be glad that he already gain and the 2 who saved him. Chong won't be sitting on protasco which he stolen and he owes protasco to them. The truth already open secret published in black and white. You ask him and see. Chong ket pen chicken out put a blame of his own careless mistake, he knows this in his owm heart. What chong ket pen though he owns by cheating, rob, and steal, all belongs to protasco. He cannot bring to his grave. Protasco shareholders are not happy, chong ket pen dare to do he should dare to admit and die also with honour. If not for his confession of sin, he should think of karma on his kids and many generations to come.
@Yaokanhakzan, what is your problem, we do not care about your bosses and CKP, if CKP make mistake and betray your bosses just be it, ask your bosses to request or sue CKP. if the deal is a mistake than just be it, just cancel the deal and recover the money as much as possible.
As an investor what we care most is the company profitability, nothing personal.
Cute nikmon chong ket pen lover, do you know the 2 dumb ooi and teh may have borrow money to save chong ket pen and let chong ket pen do his deal himself, they may have broker and paid off others, leaving with net debt just helping chong. Chong ket pen made his own mistakes and ask people cover his hole, your lover thinks people are dumb. Maybe you are? 2 dumb protasco owners help chong because they see protasco controlling value not less than 400mil. Ask chong return back if he talk about honour. If you don't know what is enterprise value go take a class. You will know what chong ket pen has cheated.
@Yaokanhakzan, i'm not represent the whole retail investors, but i believe all of them will vote your bosses out again if another change is given, after read your comment and news(listed below), not easy to get sue by so many PLC.
you are indeed right, i don't understand your 'enterprise value', what is 恩人, what is 嫁祸, i only recognize value in Ringgit.
1) fraud case A former director of Protasco Bhd was charged in the Ampang Sessions Court today with fraud involving RM68 million, and making a false declaration, four years ago. Datuk Tey Por Yee, 40, claimed trial to both charges.
2) fraud case again Corrugated packaging services provider Ire-Tex Corp Bhd is taking legal action to claim RM11.5 million from its former director and substantial shareholder Datuk Tey Por Yee. (please read the complete news from news portal)
Smarter already. Now you understand chong ket pen should return back protasco to ooi and teh, and chong ket pen should self responsible for what himself did, he should pay for protasco losses.
Chong ket pen though of putting blame on others equals to other people made the mistakes, and himself has no mistake? Chong ket pen has to be responsible for his own mistake. He can "sue you for having affair with his mother's dog", does it means "you did had an affair with his mother's dog"? You can ask your lover chonf ket pen to ask himself confess to himself what is did to protasco is it right or wrong. The 2 dumb and chong ket pen problem is their problem, we all agree. But what chong ket pen owes to protasco "dignity and credibility" chong ket pen has to pay for that himself. Protasco matter of time being sued huge numbers of losses, small investors can't speculate on chong ket pen kiasu mentality to chase the share price up for a profit. The time bomb is always there if chong ket pen does not come clean and surender himself to save protasco.
Cute nikmon, people didn't reckless sue chong or cause others to simply fake legal suit or fake a charge on him doesn't chong ket pen is innocent. Domino effect, other opportunist learn from chong and blackmail doesn't its the truth. Chong ket pen fake law suit and charges is exactly for you to use here, and you are using it. Wow, you self admitted abide to his scam! His criminal inspiration for other opportunist to copy and blackmail is also exactly for you to use here, and you use it. Wow, so convenient iszit? Looks like you love him so much, can cover up his sin in cheating, defamation, bribery, robbery, lying and all sorts of crime, all you couldn't see. He "fabricate" and you just spoon feed, we wonder if is it true that society is such shallow, or there no moral values left, it once again proven a crook is forever a crook, chong ket pen ex boss Tun already fired him should have leave the tiger to die. Release the beast is a society mistake, its time for clean up to save humanity. Before that, still hope chong ket pen push to 1.15 so we can make some raya money from him before he jump off river. Lololol.
@limch, i just hope his staff could inform his bosses enough is enough, so many legal action taken by PLC to claim back milliin from him. Hopefully they can settle and return those money for the benefit of shareholder.
I strongly believe that they will use the received money as a dividend pay out, estimsted 10cent. The dividend yield around 7-10%, so not selling now.
咯咯咯。我们相信张出殡必须归还公司与投资者,他偷的抢的应该可以给利息50仙,真的假不了,是时候张出殡归还股东了。 Lololol. We believe chong ket len shall return back protasco to shareholders and repay what he cheated and stolen, and company can dividend 50cents. Real is real, he cannot fake even though he can spend company money to fabricate blame.
You mean ask CKP paid back 500million graft and stolen money to protasco? He paid out already how to pay back? Same like CKP himself, he plays and fails indonesia project "himself". He is the only executive director, he goes blame brokers OKA and TPY. They paid brokers already and CKP took already, now after play he said paid back. From where?
Business fail is business problem why blame people? He ask people to help and "he plays himself". The indonesian lady virgin or not only CKP knows. CKP didn't get caught yet for cheating doesn't mean he is innocent. No matter what, he should pay back what does not belongs to him.
@Daim4u, not sure what kind business sense you have, as a substantial shareholder of a PLC, they are responsible to disclose if they have any interest, direct or indirect, in the Proposed Acquisition.
fist in first, do they have any interest in the proposed acquisition, if yes why didn't disclose in the circular statement?
Chong you mean you did not declare you sign agreement with Ooi and Tey that you have personal interest in the contract? First n first, do you have interest in gaining control and your job back in protasco when you cheat them to buy protasco in exchange to do acquisition? They are ctupid or you are ctupid they wont help you if you did not honour. You did the due dilingence if you found they got interest wasn't it your duty to inform them? Obviously you just want to blame people lah. You see the product in Italy you buy and you use, then said people did not say made in China. Cheat ma cheat just said you cheat people lah. So straight forward.
What chong ket pen put blame is all his excuses. What SC has is Chong ket pen did not disclose in circular he has private interest to gain control of protasco by cheating investors. That itself, he must go in. Protasco lost credibility because of him.
all the bad comments user is New Bird. @Nikmon, we are same from 2014 till now. No need chat to them. Just ignored. We are their senior. LOL. They are still jiao kia. 鸟仔~
So now everyone knows chong ket pen signed agreements to acquire assets in order to cheat investors to take over protasco, but actually he induce them just to save his career and take back control from protasco old owner.
Chong ket pen interest in getting back his job and control was not disclosed to the board of protasco nor went through egm to get shareholders approval. Chong ket pen was shy to ask protasco old owner for extension of deadline and though of conceil such information to avoid egm which he don't have enough time. Because of chong undeclared interest in the seal, he was under investigation. Instead of come clean and discuss on solution, chong ket pen was panic and due to greed and selfishness, he fabricate a bizzare excuse claiming protasco substantial shareholders "having interest in asset instead" to make them a scapegoat to divert the blame. Such blame was so outrageous, that the deal was solelu handled by chong ket pen, and if he found problem he could have inform and negotiate on solution. Obviously there is no so called interest, if any, would just declare or ratify, except chong ket pen just want to fabricate a blame to cover up his wrong doing and in order for him to take control of protasco. Chong ket pen don't want to be blamed as he aware that he is fully responsible for miss handling of asset.
Later was found out that chong ket pen desperate to cover up his wrong doings inside protasco involving graft and money laundering, the real big cover ups. As guilty as he is, chong ket pen bites the hand who feeds, betray everyone, and has sacrified protasco credibility and his integrity to feed his own greed. Protasco will go down with him while authority hands on him the days are numbered.
"do you have interest in gaining control and your job back in protasco when you cheat them to buy protasco in exchange to do acquisition?"
such a strong statement from SCfileCKP, so this illegal deal was agreed by both parties, if you have proof, pls submit to SC and police. else it become defamation. btw you indirectly indicate that your bosses was committed a crime, than he deserve to be sued.
Wah. So smart lor these people. Your boss my boss. All illegal dealings. All lockup lor. Looks like CKP still pretends he never seen what he signed. Illegal or not, CKP should report to protasco board lor. He didn't declare or, so illegal lor. He shouldn't sign desperately then blame others. According to old news, I believe the other parties are not shareholders of protasco nor ever force CKP to accept a deal, they don't need declare anything. It's CKP himself asking and accepted it and liar cheated protasco board.
So how can non shareholder be illegal leh? Everyone only saw CKP illegal. That explains why CKP needs to made up stories sue people blame people and block people like those from 2014 staff (above) believe (or pretend) in his lies. He so old meh forgot what he signed meh? What he did he innocent meh? Heart attack blood pressure all up meh? Search a bit Google can see what CKP signed lor. You don't know how to search meh? Google blind meh? (pretend) don't know how to find facts meh? How you know SC don't know? Clearly CKP committed a crime, and he deserve to be sued. How you think he need to quietly blame people and sue people first? Criminal sue first doesn't mean he is clean lor. You are together with him doing crime meh?
omg!! created another new account again, hope you can claim OT from your boss. he must felt very uneasy until the extend to hire cyber troop spam in stock discussion public forum.
why I3 administrator didn't band them all, so many new account created and make personal attack here in stock forum, other forum like investalk band them long time already. could someone report abuse to i3....
No wonder CKP such a crook and criminal still can cover for him. Akhirnya kuli CKP ada sini. Cannot explain how CKP can cover he did not disclose in circular his personal interest in cheating investors to get back his job and control of protasco. He sign and hide from the board, macam mana boleh tutup? Pandai pandai kerja pun masih criminal.
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....
Ranger7
3 posts
Posted by Ranger7 > 2017-06-13 08:59 | Report Abuse
Chong because of eaten money from protasco so much, he also rob from Malaysian - including you. The inflated margin belongs to every malaysian, not his pocket. So chong fake profit and borrow money from bank to pay dividend (to himself). He care less the investors even if company has no cash and have to keep borrow money. Chong get paid thats all he cares. So he rob from investors also. If you know little bit accounting, you can see how the fake profit turns into bank borrowing and dividend. Market opening. Buy Lim Kang Ho better. Cheap now.