SALCON BHD

KLSE (MYR): SALCON (8567)

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Last Price

0.415

Today's Change

0.00 (0.00%)

Day's Change

0.40 - 0.42

Trading Volume

3,629,800


9 people like this.

7,566 comment(s). Last comment by Richdady 15 hours ago

yusopa

67 posts

Posted by yusopa > 2018-08-24 18:08 | Report Abuse

annouce 21 august...

yusopa

67 posts

Posted by yusopa > 2018-08-24 21:56 | Report Abuse

nothing wrong with that i think...new price more base on current company asset

4444

1,800 posts

Posted by 4444 > 2018-08-26 21:57 | Report Abuse

Loss making company why buy?

4444

1,800 posts

Posted by 4444 > 2018-08-26 21:58 | Report Abuse

QR dare not out until last week. Again loss?

4444

1,800 posts

Posted by 4444 > 2018-08-26 22:01 | Report Abuse

Who follow CIMB die kaw-kaw. Only bank profit from brokerage not ikan bilis.

4444

1,800 posts

Posted by 4444 > 2018-08-26 22:02 | Report Abuse

Why I come here? Ask sheep.

keyin

2,150 posts

Posted by keyin > 2018-08-26 23:27 | Report Abuse

You come to die

keyin

2,150 posts

Posted by keyin > 2018-08-27 15:34 | Report Abuse

You think cpteh very geng meh

Posted by newbiehk2014 > 2018-08-28 18:45 | Report Abuse

luckily results is in positive trend though green would be better. neutral.

husky88

698 posts

Posted by husky88 > 2018-08-28 19:41 | Report Abuse

Davidkkw79, why good result?

OngLai88

1,234 posts

Posted by OngLai88 > 2018-08-28 20:44 | Report Abuse

https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=8567

You can see the improvement here...

husky88

698 posts

Posted by husky88 > 2018-08-28 20:49 | Report Abuse

Wow, ong very clever lo.

sheep

3,844 posts

Posted by sheep > 2018-08-28 22:07 | Report Abuse

Another lost making quarter.. As expected.
Every quarter lose money since 2016 except one quarter. No more cash to give dividend or carry out share buy back. now bagi bonus pula. Next year right issues?
I will wait at 0.25. Warrant at 0.08. wakakaka

sheep

3,844 posts

Posted by sheep > 2018-08-29 11:32 | Report Abuse

0.25 cumming. game over

keyin

2,150 posts

Posted by keyin > 2018-08-29 20:51 | Report Abuse

Improvement. But Big drop.salcon management eat shit

Posted by newbiehk2014 > 2018-08-29 22:46 | Report Abuse

aiya standard tactic of dump then pmup mah...

keyin

2,150 posts

Posted by keyin > 2018-08-29 23:15 | Report Abuse

Pump Ur head lo

OngLai88

1,234 posts

Posted by OngLai88 > 2018-08-30 15:16 | Report Abuse

Due neymar sheep dream coming true early...better got big balls to average down or don't regret missing the opportunity & still stuck with your high purchases while keep peeping at your paper losses everyday...

sheep

3,844 posts

Posted by sheep > 2018-08-30 15:33 | Report Abuse

Heng ar, Onglai ar, Huat ar.. next year PN17..OngongLai ar..
wakakaka

OngLai88

1,234 posts

Posted by OngLai88 > 2018-08-30 16:44 | Report Abuse

uncle sheep, you in big trouble liao....all your grandchildren money will be burnt if salcon hit pn17 soon.....better cut loss and leave some of your hard earned money for them. just admit you made the wrong decision trusting the salcon management....

GoldenShares

3,538 posts

Posted by GoldenShares > 2018-09-03 12:02 | Report Abuse

wow 0.24 already, scary

Posted by Tham Hoe Yean > 2018-09-03 14:20 | Report Abuse

for no reason it drops like nobody business

OngLai88

1,234 posts

Posted by OngLai88 > 2018-09-13 10:39 | Report Abuse

uncle sheep, your dream & prediction has come true. Salcon-WB hit 0.08 already....what are you doing now.... do you average buy.....do you sell down.......is it advisable to buy now or wait.....now i beginning to believe your 2nd prediction that it will hit pn17 next year.

I am holding heavy paper losses....hope you can advise based on your years of trading experience...... tq in advance

Posted by newbiehk2014 > 2018-09-24 11:27 | Report Abuse

bangun dari tidur?

Posted by Tham Hoe Yean > 2018-09-24 14:46 | Report Abuse

baru 1 sen naik, tde bangun la

Posted by newbiehk2014 > 2018-09-24 18:01 | Report Abuse

false alarm ha ha

4444

1,800 posts

Posted by 4444 > 2018-09-27 21:38 | Report Abuse

After loss QR next is RI and PN17?

yusopa

67 posts

Posted by yusopa > 2018-09-28 15:24 | Report Abuse

not false alarm...the neutral price is 0.250...so the price just play at this range -+ 0.015

Posted by Tham Hoe Yean > 2018-09-30 11:35 | Report Abuse

Selangor water deal finally inked. Get ready to take off

husky88

698 posts

Posted by husky88 > 2018-09-30 18:04 | Report Abuse

No relate with salcon.

keyin

2,150 posts

Posted by keyin > 2018-10-17 15:28 | Report Abuse

No money share buyback lo

yusopa

67 posts

Posted by yusopa > 2018-10-18 08:21 | Report Abuse

keyin still love love with salcon....hihihi...i just collect warrant for now...

Posted by Civilised > 2018-10-24 23:48 | Report Abuse

Hello, can anyone here help explain to me how Salcon was making a loss before tax in 2016 and 2013 but makes a profit after tax? Thank you :)

keyin

2,150 posts

Posted by keyin > 2018-11-04 23:05 | Report Abuse

Nobody,all mati . Especially ong tk

Posted by newbiehk2014 > 2018-11-07 12:08 | Report Abuse

sudah bangun dari mati?

keyin

2,150 posts

Posted by keyin > 2018-11-07 19:42 | Report Abuse

Esok tidur balik lo

Posted by Tham Hoe Yean > 2018-11-08 14:06 | Report Abuse

share buy back at 0.225, sell at 0.27. Siapa untung?

chinaman

3,256 posts

Posted by chinaman > 2018-11-10 14:19 | Report Abuse

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SALCON BERHAD ("SALCON" OR "THE COMPANY") DISPOSAL BY SALCON POWER (HK) LIMITED ("SPL" OR "THE SELLER"), A WHOLLY-OWNED SUBSIDIARY OF SALCON, OF THE BUSINESS OF A PORTFOLIO COMPRISING 208 UNITS OF SOLAR PHOTOVOLTAIC ELECTRICITY GENERATING SYSTEMS TO ACP SOLAR LIMITED ("ACP" OR "THE PURCHASER") FOR A TOTAL CASH CONSIDERATION OF £949,114.09

joekit

833 posts

Posted by joekit > 2018-11-10 14:20 | Report Abuse

wow! that is alot of money

chinaman

3,256 posts

Posted by chinaman > 2018-11-10 14:30 | Report Abuse

Not really so much, ~myr5.15Million cash @ UKP=MYR5.43. Anyway, its great to strenghten balance sheet amid rising interest cost onwards.

getzaff

13 posts

Posted by getzaff > 2018-11-13 19:48 | Report Abuse

Tomorrow will fly

chinaman

3,256 posts

Posted by chinaman > 2018-11-29 19:40 | Report Abuse

3rd Qtr net profit ~myr3million. Water dragon turnaround. Hurray. wakaka

keyin

2,150 posts

Posted by keyin > 2018-12-05 10:38 | Report Abuse

Hurry crash

Ggwp100

45 posts

Posted by Ggwp100 > 2018-12-06 10:27 | Report Abuse

What happened?

Posted by commonsense > 2018-12-11 14:23 | Report Abuse

A very inconsistent financial performance. In the past, every time the company managed to record a profit, it will straight away record a negative result in the next quarter reporting.

Need to wait for another quarter or two to see if the profit in 3Q18 is actually sustainable. I have my doubts on this. The main loss making divisions are still the trading & services and property divisions. Construction division is only profitable when u include the JV results. Excluding JV, it is still negative. Only the Vietnam water concessions is able to deliver consistent profit to the group but even that is not enough to cover the losses from the other divisions and the high corporate expense cost.

It would be better for investors to wait an see the result of 4Q18. Hopefully they can post another profitable quarter.

If you are looking to divest some of your portfolio into a low valuation company but still able to deliver short and mid term profit growth, i would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.0x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.6x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17. And FY19 growth will be driven by the still high demand of new Myvi and the launch of the new SUV in 1Q19.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions.

Good luck.

keyin

2,150 posts

Posted by keyin > 2019-01-02 21:28 | Report Abuse

Crashed

keyin

2,150 posts

Posted by keyin > 2019-01-03 20:50 | Report Abuse

Die

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