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Overview
Financial Highlight
Headlines
Business Background Protasco Bhd is a Malaysia-based company engaged in the business of investment holding. It operates in six business segments. The Maintenance segment is involved in the maintenance of federal and state roads. Its Construction segment consists of the development of buildings and other infrastructures facilities. The Property development segment includes construction of commercial and residential properties. Its Engineering services segment provides civil engineering and other related services. The Trading and manufacturing segment is in the production and marketing of construction materials and Education segment comprises of the provision of tertiary education services.
  pamie almost 1 month this forum silent. what happened. last month share price steep up, now dropping 02/02/2021 4:04 PM klse182 I heard rumors that Prtasco will be awarded a new project in Klang Valley....The news may be out next week. 04/03/2021 4:03 PM jipekchong Chong Ket Pen dead already? I though dead then got chance go up. Else goreng half way close shop die together. Money all siphon by Chong already left so much debt, who goreng who die. Get 10 project award also useless. Check all quarter report you can see money siphon outside left rubbish to you. Got money Chong siphon, add more debt to protasco. No money abuse protasco get more loan. Gone case. jipekchong This Chong fela not behind bar, whatever project also useless. Old CRO0K will siphon to his own pocket left over debt to Protasco. Maybe get project build-own-grave will share with all shareholders. 07/01/2021 2:11 AM 16/03/2021 12:35 AM jipekchong Transfer illegal shares from stolen money to son. Still theft and illegal. Old saying, this is the sign old crock going to die soon. He did it without even knowing it his time is due. They day Chong is dead, protasco got hope. Maybe protasco gone case before he is dead? Guess which one die first? 1 25/02/2021 200,000 Disposed Indirect Interest Name of registered holder Chong Ther Zern Description of "Others" Type of Transaction Consideration (if any) RM0.245 2 26/02/2021 200,000 Disposed Indirect Interest Name of registered holder Chong Ther Zern Description of "Others" Type of Transaction Consideration (if any) RM0.245 16/03/2021 12:41 AM aizuddin666 waa 265 quite gud lor, this one has potential to go higher..u see the movement from below ema 21 until now has reach up ema 7, will continuely going upper just patient 05/04/2021 2:04 PM thesteward Result was our last week so it is already accounted for . Today is just some small amendment to the result that was already out last week . 05/04/2021 9:31 PM chongkipai Is Chong father and son behind bar already? Protasco only got hope when the Chongs are captured. What they did to protasco was shocking day light robbery. excelyou STILL BELIEVE? Move to steel counters 07/04/2021 9:28 PM suffianfauzi X jalan lagi ini stock 10/04/2021 2:22 PM pendekarbujang when to wake up? 29/04/2021 3:24 PM awesome20 rumor new contract worth RM250million going to prtasco..soon to announce after official award 10/06/2021 6:37 PM ChongCaoHai Left the company 2 years ago still got people looking at this stock? Protasco is walking zombie. Either Chong Ket Pen or Protasco end result is the game - gone case. RM250 billion contract also useless as Chong and cronies will steal from Protasco. Working there also feel guilty. 19/06/2021 7:27 PM hafizsmj @ChongCaoHai, you see from chart 2 years ago and that fiasco already priced in. Now monthly chart is uptrending from the last crash March 2020. If you say the company is gone case already, it should have just flatten al the way then. 27/06/2021 6:12 AM ChongNSons Many years ago the Chongs cheated some shareholders and took control of Protasco Bhd. Everyone in Protasco knows the old story. Chong Ket Pen and son Chong Ther Nen made use of his staffs to put blame on others to gain control of Protasco. Then Chongs' took all Protasco money for himself until today. That's obvious. Most Protasco staff saw Chong staff involved suffer karma and left one by one. On the board itself, one is chairman Hadenan died. Then accountant Ho Chun Fuat died. Chong Ket Pen's partner Tan Heng Kui left Protasco. The only directors of that time left is Tan Yee Boon, Chong Ket Pen and son Chong Ther Nen. Maybe Protasco need to burn all money before the father and son face their karma. Who is next? 14/07/2021 11:31 PM TanHengKuiSoul Worked in this corrupted company before. All Chong Ket Pen father and sons are criminals. Sure good for Chong Ket Pen but not the staff. Cheating all the money and bring Protasco to his grave burn in hell. Moreover investors. lol. 06/09/2021 11:17 AM Goldenhorse they are always a profitable construction company with real construction team. unlike some hokidoki counters. anyway the material litigation case is just done by someone jealous of them. making life hard. all contract signed with condition precedent and consideration which is signed and verified for each page and if not met why sue someone ? opportunity loss isn't something known risk as condition precedent isn't met. Anyway the covid situation has make this counter a good one. Dato let's make this a come back. for your investor that follow you. 12/09/2021 11:59 PM Goldenhorse For 6MFY21, cumulative net profit stood at RM6.5m vs. a net loss of RM4.2m recorded in the previous corresponding quarter. Revenue for the period grew 29.7% YoY to RM398.5m. The reported net profit came within expectations, making up to 47.1% of our net profit forecast of RM13.6m. We expect further recovery is in store towards the remainder of the year with kitchen sinking exercises completed in FY20. 05/11/2021 8:07 PM Goldenhorse Protasco Decentrum City, one of the projects of Protasco Bhd KUALA LUMPUR: Protasco Bhd returned to the black in the second quarter, boosted by stronger contribution by its road maintenance division. The company made a net profit of RM6.4mil in the three-month ended June 30, 2021 compared with a loss of RM1.7mil a year ago. Revenue improved to RM189mil from RM172mil previously, Protasco said in a filing with Bursa Malaysia yesterday. Maintenance business generated a revenue of RM142.3mil and a pre-tax profit of RM11.7mil. 05/11/2021 11:15 PM Pek79 anyone know what/who is the Non-controlling Interest mentioned in the reports? Why profit need to go to this non-controlling interest before share to share holder? 19/11/2021 4:17 PM shortinvestor77 For example, if the organization owns 70% of the subsidiary and a minority partner owns 30% and subsidiaries net income say $1M. The non-controlling interest would be calculated as $1M x 30% = $300k. This $300k would be placed on a non-operating line item on the Income Statement. 23/11/2021 3:39 PM Pek79 Many thanks for the explanation. but this seem doesn't apply to PRTasco Non-controlling Interest. The Non-controlling interest not only share the profit, but they do have guaranteed return, their return will not lower than RM3,000,000 per quarter. Like happened in 2020 Mar & 2020 Jun, the Net profit before tax is not enough to pay the guaranteed return to Non-controlling interest, the owner was force to record in loss in order to pay the guaranteed return, even the Net profit before tax on that quarter was report positive.... the worst happened on 2020 Dec, the company report Net lost but still pay to these non-controlling interest..... 2020 Sep the pay to non controlling interest had increased to RM7,738,000! 24/11/2021 3:51 PM Goldenhorse flood just happened. so alot of the road will crack and have portholes. some errosions so maintenance work needed. the flood is so bad this time. good thing is the jobs all coming 20/12/2021 2:04 AM Goldenhorse minority interest means shareholders at the subsidiary level. it is fairly split even among based on percentage. so some subsi who made more pay more less the lesser. is fair one la. Lol. it is not preference share btw. minority interest is just the smaller shareholders at subsidiary 20/12/2021 2:07 AM mk88 after floods, many potholes everywhere and landslides, road maintenance should be getting more road maintenance contracts 22/12/2021 10:33 AM Goldenhorse Cash in bank RM100m ish, The land in Bangi/Kajang RM68m ish (havent revalued), This price trading at such discount, yummy, can buy the whole company over take Dato Sri in shareholding just need RM50m hehehe. D'Sri can sweat if someone take over and kick him as deputy chairman. If you calculate the assets over share count. perhaps around RM1 ish, hehehehe. time to raid this co and kick the founder out 07/07/2022 1:39 PM Goldenhorse can buy a RM1 company at 17 sens wohoho, Dato Sri, its just RM50m, hehehe get RM100m and kajang land 07/07/2022 1:40 PM ayra15 https://www.theedgemarkets.com/article/over-rm1b-allocated-maintenance-federal-roads-year 21/08/2022 7:58 PM ChongGuilt Old fart Chong Ket Pen dead yet? Else this counter is useless gone case. Full of sh it 13/12/2022 5:04 PM  | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
