on the uptrend, don't know whether they can go passed 0.80. 3 years ago, Salcon went up to 0.88 when they sold 40% of their water business in China to Mitsui Group, maybe they are selling the remaining 60%, is possible

The wa expired next year

I'm very sure that it is not related to Langat, but maybe some other things

Are they selling their water business? Good or bad?

Strange, no announcement of any new major shareholder from private placement yet, almost a month already

Don't think Salcon will have the piece of cake for Selangor's conssessiona as they are not in the same league as Puncak. In fact, feel that they are going to change their core business to property development....

Others up, Sona down? Sharks haven't accumulated enough?

some crazy guy keeps disposing at 23.5, he replenish the stock once it cleared all, the shark still wants to press down the price?

Yes, you can check throuse your maybank investment, on the buy and sell q

The Europe Market is still in red today, DJIA future is flat, don't know whether Sona WA will still slide to 20 eventhough the support at 22/22.5 is quite strong now. With Cliq-WA dropping to 27.5, i think there is a possibility Sona-Wa may drop also

and most likely, Tan Sri Liew or his proxy are not the taker, if not, Salcon would have announced already

i think it just bad luck and wrong timing of the private placement, they couldn't push up the price due to bearish market

sure hiddengem, will share with all if i have any news. The support is still very strong in this weak market

Ringgit is very weak now and many predicted that it will go as low as 3.70 to 1 USD, hopefully Sona Management will speed up the QA so that their 500mil is more usable

let's see whether got any one buy 1 lot before closing at 25.5

sometimes i wonder whether those sharks are playing among themselves, sell and buy back, buy and then sell, because the volume is so huge!

25 already, for a few seconds

roller coaster ride, suddenly 26 now!

reached 25, just don't know who is the one keeps selling at 500 lots

cliq wa also slipped to 35.5 now

thought opening day low was 19.5

Overtook Flonic and Mas as the top active counter, but for the wrong reason...

Going to breach 26, the selling pressure is so big!

Suddenly so many que to sell at 26.5, looks like it won't rebound at 26

hope that the force selling was over at 330pm

Godness, some one just dumping at 26.5

fingers crossed

Looks like we have to hold for a while before the rumours of QA to be announced

We will have to wait for the announcement

very slow today.... the sharks busy attacking other counters

9696_88, yes, but the price was pushed before the annoucement of private placement from below 60 to 74, we don't know what is their target price, and also who is the taker, it maybe a new strategic investor or the same old shareholder, if there is an established new investor, the share price may move higher, we don't know. The whole purpose of private placement is to raise working capital for their new project in JB, so, it could also be taken up by the original share holder

i think the price will still go up, but trade with cautious

but looks like some one is still propping the share price, there was a 1 mil share que support at 65 sen yesterday

because the private placement was listed on Monday at 58 sen, it should be all taken up by now, and according to bursa malaysia's regulation, they need to announce within certain days of that transaction, but today is already friday and Salcon still hasn't make any annoucement

am waiting for thier annoucement on who is the taker for the private placement,don't know why they are still holding the news, can't be no taker!

I guess that he knows that the current price drive is just for the private placement and 73/74 already reached their target price

some one is propping the price at 0,.28, hope that it is not syndicate that wants to unload thier stock

any chance to go down to 25?

Aussie and Nikkei open down 1% already

however, some one immediately threw out more! don't know what the sharks are playing

at least 1mil shares being eaten in a few seconds!

suddenly super crazy buy at 0.30!

i think we all agree that Sona is still very cheap at the moment and it will fly upon announcement of QA, the only consideration is whether can we make some more money with the current down trend, sell now, and buy at lower level. It seems to be impossible to buy below 30c few days ago, but miricle does happen

cheers rikki

a bit worrying, the selling pressure is high on wa as the mother keeps struggling at 43

agree with messi, however, just to be coutious... the share price could be purposes popped up due to the private placement, if the private placement eventually proven to be the original shareholders themselves, the price could gradually slide down to 60+ level, and the original would have let go all their private placement share with a handsome profit of 25%,and at the same time have additional working capital

cliq wa is 37.5 now and sona wa is 30, the gap has become closer and closer,... worrying for sona wa

looks like many are queing to sell at 0.30

big road block at 0.30 and the mother is not moving, am still holding, don't know whether to sell or not

Yes, the warrant looks attractive. Will go in if it falls below 20