$PRTASCO (5070.MY)$Impressive growth and business result without any major disposal or quick gain. I am excited to see the strong momentum going with great sustainability.
The history of the Group can be traced back to the 1990s when its founders started the road maintenance business. Since then, Protasco has diversified and restructured so that in 2023 it reported its performance under 11 business segments. Protasco's performance had declined over the past 12 years. Although the Group had tried to diversify into other businesses, the road maintenance business is still the main revenue and profit contributor. While there is...
$PRTASCO (5070.MY)$ Protasco Bhd has seen its share price gaining some 59% in the past year to close at 27 sen. The stock is likely to rise further based on bullish technical readings, supported by higher profit trajectory as business activities gain momentum. It is inching closer to its 52-week high of 34 sen seen recently, a huge jump from its low of 16 sen. Protasco could climb to challenge its resistance hurdles of 36.5 sen and 41 sen. There were muc...
Mark Livermore
OP
:
Currently not found/scan any good RR tech industry stock. Kindly explain more on “buy on weakness” as I don’t understand what you mean.
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Protasco's performance had declined over the past 12 years. Although the Group had tried to diversify into other businesses, the road maintenance business is still the main revenue and profit contributor.
While there is...
Protasco Bhd has seen its share price gaining some 59% in the past year to close at 27 sen. The stock is likely to rise further based on bullish technical readings, supported by higher profit trajectory as business activities gain momentum.
It is inching closer to its 52-week high of 34 sen seen recently, a huge jump from its low of 16 sen. Protasco could climb to challenge its resistance hurdles of 36.5 sen and 41 sen.
There were muc...
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- ER at 24 May 2024 (FRI) (tradingview);
-RS Rating=92.
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-RS Rating=87.
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