wait for revaluation of land..........

Sounds good when the management staff increase their shareholding by exercising ESOS and wait for the special dividend

Outcome of Meeting
On behalf of the Board of Directors of Salcon Berhad (the "Company"), Hong Leong Investment Bank Berhad is pleased to announce that the shareholders of the Company, at the Extraordinary General Meeting (“EGM”) held today, approved the ordinary resolution as set out in the Notice of EGM dated 12 November 2013.



This announcement is dated 27 November 2013.

Source: Kenanga, TP 1.08

Trading Buy with an upside potential of 33%. We forecast FY14 and FY15 net profits of RM23m and RM28m taking into account (i) acquisition of Alliance Rubber; (i) rasing utilisation rate from 65% to 85% in Alliance Rubber due to the booming nitrile gloves segment, and (iii) the bottoming out of the vinyl gloves market and conservative single digit growth in household and industrial gloves market. We recommend a Trading Buy and a Target Price of RM1.08 based on 10.5x FY14 EPS (at a 30% discount to the sector average 14.8x FY14 PER due to its small market capitalisation).

http://klse.i3investor.com/servlets/fdnews/218920.jsp
would this help Keladi?

my feeling is can be higher than TP