SALCON BHD

KLSE (MYR): SALCON (8567)

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Last Price

0.345

Today's Change

+0.025 (7.81%)

Day's Change

0.33 - 0.37

Trading Volume

4,629,300


9 people like this.

7,590 comment(s). Last comment by Myinvestment88 3 days ago

sheep

3,849 posts

Posted by sheep > 2020-11-13 09:26 | Report Abuse

Afternoon? today friday...Deepavalli tomorrow..monday holiday or not?

SK1200

857 posts

Posted by SK1200 > 2020-11-13 09:27 | Report Abuse

Buy when people panic to sell

ling1224

156 posts

Posted by ling1224 > 2020-11-13 09:28 | Report Abuse

why the price keep dropping after the news out

Posted by smallprawn > 2020-11-13 09:28 | Report Abuse

habis la, the show haven start but now alrd ended liao

L2

657 posts

Posted by L2 > 2020-11-13 09:32 | Report Abuse

Don't be gullible. Which company would currently divest sell 51% of an FDA&CE-approved glovemaking business for 28m and then guarantee 30m profits to the buyer?

YSL76

1,660 posts

Posted by YSL76 > 2020-11-13 09:32 | Report Abuse

Hotstuff!! Where are you? Apasal genuine business boleh jatuh... ??

sheep

3,849 posts

Posted by sheep > 2020-11-13 09:41 | Report Abuse

Queue buy at 0.30

Yewsung

148 posts

Posted by Yewsung > 2020-11-13 09:46 | Report Abuse

Tp 0.62

Shadows

462 posts

Posted by Shadows > 2020-11-13 09:49 | Report Abuse

This is total zero yet. Only in planning stage.

Posted by night_shadow > 2020-11-13 09:49 | Report Abuse

Sell on news la tinggi already naik, how high u want to go la huhu. Next catalyst after actual production

Smart2Win

126 posts

Posted by Smart2Win > 2020-11-13 09:56 | Report Abuse

Salcon to show pictures of factory like AT, then it will go up

arcadicus

779 posts

Posted by arcadicus > 2020-11-13 09:56 | Report Abuse

If glove.. Better buy AT....

Jokers2020

2,006 posts

Posted by Jokers2020 > 2020-11-13 09:58 | Report Abuse

haha salcon take u all to holland

oskchoon

3,186 posts

Posted by oskchoon > 2020-11-13 09:59 | Report Abuse

Which one to buy, Salcon at RM 0.35 or AT RM 0.22, both doing the same glove business....

Posted by isaaczai12 > 2020-11-13 09:59 | Report Abuse

when KYY visit salcon factory or someone go edit his picture haha

Smart2Win

126 posts

Posted by Smart2Win > 2020-11-13 10:00 | Report Abuse

Factory pictures to show Salcon Glove Sdn Bhd

oskchoon

3,186 posts

Posted by oskchoon > 2020-11-13 10:01 | Report Abuse

The only difference is Salcon is planning to buy a glove factory and AT already built a glove factory will start production next month, LKL will sell the Glove product for AT...

ruhaizat69

825 posts

Posted by ruhaizat69 > 2020-11-13 10:01 | Report Abuse

Salcon nothing more than con man co

ruhaizat69

825 posts

Posted by ruhaizat69 > 2020-11-13 10:01 | Report Abuse

Run

Smart2Win

126 posts

Posted by Smart2Win > 2020-11-13 10:09 | Report Abuse

@isaaczai12..when KYY visit salcon factory or someone go edit his picture haha
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Correct. If KYY or some politician stand in front of factory with pictures of signboard "Salcon Glove Sdn Bhd"

sheep

3,849 posts

Posted by sheep > 2020-11-13 10:20 | Report Abuse

Does Salcon need egm to approve buying? If yes, by then vaccine already out....wakakaka

oskchoon

3,186 posts

Posted by oskchoon > 2020-11-13 10:26 | Report Abuse

I sold all Salcon share at RM 0.40 and bought AT shares at RM 0.22 and still make profit of RM 0.18.....

Alvin Chan

219 posts

Posted by Alvin Chan > 2020-11-13 10:28 | Report Abuse

@sheep, still faster than AT and MS since ready glove manufacturer.

Sharegod88

546 posts

Posted by Sharegod88 > 2020-11-13 10:33 | Report Abuse

why salcon drop? Alvin Chan

Bigbull99

1,104 posts

Posted by Bigbull99 > 2020-11-13 10:36 | Report Abuse

people are getting numb of this kind of news. The cronies know this is the fastest and only way or probably the last time to make fast money in Bursa before Vaccine is out. Please be smart and dont get trap by insiders.

Jokers2020

2,006 posts

Posted by Jokers2020 > 2020-11-13 10:37 | Report Abuse

today T3 n Friday so maybe profit taking...maybe noon will drop further

cch94076

58 posts

Posted by cch94076 > 2020-11-13 10:39 | Report Abuse

salcon not hot as others. and they only jv 51% only

gpsman79

142 posts

Posted by gpsman79 > 2020-11-13 10:39 | Report Abuse

show time after lunch

Sharegod88

546 posts

Posted by Sharegod88 > 2020-11-13 10:40 | Report Abuse

Everyday oso have T3 de la...joker2020

kfliau

1,977 posts

Posted by kfliau > 2020-11-13 10:51 | Report Abuse

This is the most hopeless Glove stock I ever come across. Gets limit up 2 times upon announcement to go into Glove. This one quickly come down.

oskchoon

3,186 posts

Posted by oskchoon > 2020-11-13 11:02 | Report Abuse

Buy on rumours and sell on news, this is going to happen until EGM approved the company diversification, it might takes one to two months, by the time AT Systematization already start selling their glove products via LKL....

oskchoon

3,186 posts

Posted by oskchoon > 2020-11-13 11:04 | Report Abuse

That's why I guickly sold Salcon shares at RM 0.40 and bought AT shares at RM 0.22, which is still cheap...

oskchoon

3,186 posts

Posted by oskchoon > 2020-11-13 11:05 | Report Abuse

And making a profit of RM 0.18...

Michael Kwok

6,319 posts

Posted by Michael Kwok > 2020-11-13 11:15 | Report Abuse

I bought it.Little early.40 cents.But no fear if its do not fall below 34 cents.

Sneakpeek

2,199 posts

Posted by Sneakpeek > 2020-11-13 11:20 | Report Abuse

Kesian.. glove theme history already... news out people sell u all buy

oskchoon

3,186 posts

Posted by oskchoon > 2020-11-13 11:21 | Report Abuse

Michael, buy Salcon when EGM approve the Glove diversification and by that time, price may drop below RM 0.30,then you will make handsome profit....

oskchoon

3,186 posts

Posted by oskchoon > 2020-11-13 11:22 | Report Abuse

EGM approval subject to Bursa and shareholders meetings, normally it will take only one to two months to complete...

oskchoon

3,186 posts

Posted by oskchoon > 2020-11-13 11:23 | Report Abuse

Or switch to AT Systematization which is around RM 0.22 this morning, make some profit and come back to buy Salcon below RM 0.30...

Michael Kwok

6,319 posts

Posted by Michael Kwok > 2020-11-13 11:30 | Report Abuse

No.Salcon still had leg to move.Already buy because 34 cents breakout.40 cents.

Michael Kwok

6,319 posts

Posted by Michael Kwok > 2020-11-13 11:31 | Report Abuse

Please see got breakout or (oversold a while in weekly chart)

kfliau

1,977 posts

Posted by kfliau > 2020-11-13 11:34 | Report Abuse

Can anyone advise why Salcon mother drop but son holding steady Even conversion price is 30 cts? Is the acquisition of 51% of JR Engineering a but deal?

oskchoon

3,186 posts

Posted by oskchoon > 2020-11-13 11:39 | Report Abuse

Michael, you can buy both but Salcon already starting to sell on news and profit taking will take at least few days...

oskchoon

3,186 posts

Posted by oskchoon > 2020-11-13 11:41 | Report Abuse

Buy Salcon once the deals is confirmed after EGM meetings, also funds raising plus Esos are required, the price will be subject to downward pressure, pls be patient and go in the right time...

oskchoon

3,186 posts

Posted by oskchoon > 2020-11-13 11:42 | Report Abuse

AT Systematization already completed all the funds raising exercises and only waiting gloves production next month and most important it is selling at the price of RM 0.22...

oskchoon

3,186 posts

Posted by oskchoon > 2020-11-13 11:45 | Report Abuse

AT Glove production annually estimated around 2.6 billions gloves which is half the production of Comfort Glove, the price is RM 4.05,so AT have great value to go up to even RM 1.00...

Heng999

94 posts

Posted by Heng999 > 2020-11-13 11:51 | Report Abuse

Look at At buy sell que volum, i have no power already, haha

Posted by keklulpepega > 2020-11-13 12:35 | Report Abuse

Why AT shitter support here? Comparing finished product acquisition with no factory at all. Kek

Posted by keklulpepega > 2020-11-13 12:36 | Report Abuse

Based on FA alone can see trash AT cant even compete with tokok singsong only

Legend

4,119 posts

Posted by Legend > 2020-11-13 12:36 | Report Abuse

Sell on news.

dollar83

136 posts

Posted by dollar83 > 2020-11-13 12:37 | Report Abuse

How now bought. 380 now .360 20k
Cutloss or stay

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