Protasco Bhd

Core Business:
-Road Construction, Maintenance, Upgrading & Rehabilitation.
-Engineering Services & Consultancy
-Buildings & Specialised Construction
-Education & Training
-Trading of Construction Related Materials
-Overseas Investment & Trade

Based on information dated 1/3/2010
Current Price: RM0.995
Total EPS 2009: 14.33sen
Total Dividen 2009: 8sen
PE: 99.5/14.33 = 6.9
Dividen yield = 8%

I find this company attractive due to
-Undemanding PE at around 7
-Strong Balance sheet (refer to latest Q4 BS above)
-High dividend yield around 8 %
-Strong incuring income from 3 long term 15years concesion with government for road
maintenance (refer to AR2008)
-Expanding to Middle East (Libya & Syria)