SALCON BHD

KLSE (MYR): SALCON (8567)

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Last Price

0.285

Today's Change

+0.01 (3.64%)

Day's Change

0.275 - 0.29

Trading Volume

438,000


9 people like this.

7,609 comment(s). Last comment by Mimolupi 20 hours ago

kpsalak

264 posts

Posted by kpsalak > 2020-11-13 16:42 | Report Abuse

Kasihan... yesterday and this morning those who sapu like no tomorrow are all kena trappped.
News statement so beautiful but end up conning ppl

Posted by smallprawn > 2020-11-13 16:47 | Report Abuse

I still remember the day MahSing make announcement during lunch, the share price dropped to 0.725 but next trading day LU... will the history repeat for this counter?

Posted by Michael Dreamun > 2020-11-13 17:08 | Report Abuse

Scam!

messi

1,915 posts

Posted by messi > 2020-11-13 17:08 | Report Abuse

Be happy don't worry, tomorrow is deepavali. Big boys chasing away day traders and shorties. Take a break and come back stronger next week.

Sharegod88

546 posts

Posted by Sharegod88 > 2020-11-13 17:10 | Report Abuse

who bought above RM0.38?OR Above RM0.40?

Heng999

94 posts

Posted by Heng999 > 2020-11-13 17:11 | Report Abuse

Ikan bilis weak player all gone

j11an9

126 posts

Posted by j11an9 > 2020-11-13 17:36 | Report Abuse

There should be a some good profits next week if we’re patient. I cut win today, also expecting a bigger rally. Anyway yea.. remember very clearly mahsing play as well.. loaded up at 72c.. din tp, n got spooked out at 725. Next few days we all know what happened.. could happen again here next week fingers crossed. It is very good news end of the day.

Kumaraes

58 posts

Posted by Kumaraes > 2020-11-13 17:41 | Report Abuse

Its not logic when news come out but the share goes down.... Guess gonna be like mahsing news came out the share goes up the next day...on monday we will now the truth... I got strong feeling gonna shoot up.... Pe still in negative -58

j11an9

126 posts

Posted by j11an9 > 2020-11-13 17:43 | Report Abuse

That’s cos insiders already bought in way before, and are locking in a nice profit when retailers chase.

aceso

903 posts

Posted by aceso > 2020-11-13 18:40 | Report Abuse

Its a goner d... monday gonna be down again...

Michael Kwok

6,454 posts

Posted by Michael Kwok > 2020-11-13 19:40 | Report Abuse

U see,KYY say AT will be 70 cents x3 billion will be rm 2.1 billion value.But if it put on Salcon, maybe should be put above rm 1(because of 51 percent stake)with value of rm 1 billion.U all still sell.

kfliau

1,977 posts

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

Based on kyy's calculation and extrapolate to Salcon with 3 billion gloves and 51% ownership and 1 billion share issued, the earnings per share is 8.8 cents and at p.e 15, the fair price is 1.33

acronyx

79 posts

Posted by acronyx > 2020-11-13 20:17 | Report Abuse

SALCON : Now Everybody Kena Con

Posted by flyingtomoon2020 > 2020-11-13 20:31 | Report Abuse

Salcon gogogo

Posted by flyingtomoon2020 > 2020-11-13 20:31 |

Post removed.Why?

bulldog

12,157 posts

Posted by bulldog > 2020-11-13 21:25 | Report Abuse

Bulldog take another position@34

Huat chaiii..

Selina888

306 posts

Posted by Selina888 > 2020-11-13 21:30 | Report Abuse

BUying a brownfield glove manufacturing is the fastest way to gain entry into the lucrative market. With deman probably getting higher even with several potential vaccines coming onstream, gloves will still be needed. Demand will even grow more . With a profit guarantee from the acquired manufacturer, the minimum profit will improve the bottom line.

hoowk77

439 posts

Posted by hoowk77 > 2020-11-13 21:56 | Report Abuse

Yeah.. collecting

Survivor13

710 posts

Posted by Survivor13 > 2020-11-14 08:11 | Report Abuse

salcon, TP 1

kfliau

1,977 posts

Posted by kfliau > 2020-11-14 08:16 | Report Abuse

I would like to share my experience with AT warrent C. I bought at 6.5 cents shortly after it announced venturing into Glove. Thereafter it went down to as low as 3.5 cents within a 6 months long period. Thereafter upon completion of pp, the price skyrocketed to highest 27 cents. I cashed out all at 24 cents and Switched to Salcon at average 39 cents. Now I am stuck. However, my experience tell me if you have the patience and invest with spare cash, you will definitely see the light of the day.
Warren Buffet said share market is the game of transferring wealth from the impatient to the patient. I made my 1st million from AT. I believe will make another from Salcon

Posted by maxstore769 > 2020-11-14 09:23 | Report Abuse

sell on news

patrickong

304 posts

Posted by patrickong > 2020-11-14 09:51 | Report Abuse

Is trap??

patrickong

304 posts

Posted by patrickong > 2020-11-14 09:51 | Report Abuse

Hope not. I entered yesterday

Plantermen

2,242 posts

Posted by Plantermen > 2020-11-14 09:59 | Report Abuse

Expect profit taking after last 3-4 trading uptick. T+2 contra plus people locking in after gloves headwind. just my personal view

Michael Kwok

6,454 posts

Posted by Michael Kwok > 2020-11-14 11:26 | Report Abuse

Usually it will up once announce.But there always tricks behind to fool the people to sells in order to reduce the costs of pushing upward.

bulldog

12,157 posts

Posted by bulldog > 2020-11-14 11:30 | Report Abuse

Accumulation in progress

Huat chaiii

Survivor13

710 posts

Posted by Survivor13 > 2020-11-14 12:30 | Report Abuse

normally after news, price will be adjusted one or two day because many contra player took profit. After that it will spike up to RM 1

Survivor13

710 posts

Posted by Survivor13 > 2020-11-14 12:31 | Report Abuse

Salcon got capability to move up fast

whizzkid

1,336 posts

Posted by whizzkid > 2020-11-14 12:44 | Report Abuse

Mahsing went down after the announcement, then it went up the next day...

Michael Kwok Usually it will up once announce.But there always tricks behind to fool the people to sells in order to reduce the costs of pushing upward.
14/11/2020 11:26 AM

Posted by isaaczai12 > 2020-11-14 12:45 | Report Abuse

using TA u will notice salcon price is getting higher low, which is a uptrend pattern, plus salcon is purchasing a factory that is ready to produce glove

kaiserukm

40 posts

Posted by kaiserukm > 2020-11-14 13:21 | Report Abuse

Chart pattern shown bearish engulfing?

aceso

903 posts

Posted by aceso > 2020-11-14 13:27 | Report Abuse

Kinda interesting..
Suddenly alll these comments flying in.. only gpsman commented on the glove. Now everyone is an expert in salcon.
Once news out, it will drop then yes consolidate.. no one knows how strong will qr be in the future. But already giving tp.
Utter nonsense!!’ Hold till holland?!!!

Sorry michael but u r full of crap... u didnt even know anythjng about salcon before it spike. Now coming here giving 50cents opinion

rman123

5 posts

Posted by rman123 > 2020-11-14 14:13 | Report Abuse

sorry guys i'm new here, but i'm sure salcon will fly high next week just hold tight

OngLai88

1,234 posts

Posted by OngLai88 > 2020-11-14 15:32 | Report Abuse

Stay above 30 is still safe otherwise Holland could be next stop

Posted by maxstore769 > 2020-11-14 15:36 | Report Abuse

look next week

ruhaizat69

825 posts

Posted by ruhaizat69 > 2020-11-14 17:35 | Report Abuse

Salcon con

Michael Kwok

6,454 posts

Posted by Michael Kwok > 2020-11-14 17:39 | Report Abuse

Excuse me,there have higher valuation when come to involve in gloves.Whoever who sell it will miss the boat.Some-more the company have cash over 100 million and meagre borrowing.

ruhaizat69

825 posts

Posted by ruhaizat69 > 2020-11-14 17:43 | Report Abuse

Run

Abdulhamid

562 posts

Posted by Abdulhamid > 2020-11-14 18:19 | Report Abuse

Cunning operator

Announce glove biz to trap u all so he can run...


Hahahaha


Another top grove

Posted by Michael Dreamun > 2020-11-14 18:24 | Report Abuse

Scam operator!

Heng999

94 posts

Posted by Heng999 > 2020-11-14 18:27 | Report Abuse

Hehe, drop few sen cry mother cry father....

ruhaizat69

825 posts

Posted by ruhaizat69 > 2020-11-14 19:54 | Report Abuse

Run

James Ng

2,706 posts

Posted by James Ng > 2020-11-14 20:33 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-11-14-story-h1536430144.jsp
[转贴] [Video:浅谈SALCON BHD, SALCON, 8567] - James的股票投资James Share Investing

Posted by Gordon Weng M.T > 2020-11-14 22:04 | Report Abuse

Salcon rich cash on hand. What you all worry of recently price dropped ?

mjy88

146 posts

Posted by mjy88 > 2020-11-15 01:16 | Report Abuse

Wahh chasing high is dangerous...
Check out the below ma... presbhd consolidating with low volume and good prospect

https://www.facebook.com/106802820776934/posts/226087842181764/

ruhaizat69

825 posts

Posted by ruhaizat69 > 2020-11-15 05:51 | Report Abuse

Run

Beast3

623 posts

Posted by Beast3 > 2020-11-15 11:13 | Report Abuse

Correction & remove weak holder. Watch out nextweek.

Good sentiment now

Jokers2020

2,006 posts

Posted by Jokers2020 > 2020-11-15 11:29 | Report Abuse

will not be going up any soon,maybe when comfirm already by JF 51% then will shoot up again..

kfliau

1,977 posts

Posted by kfliau > 2020-11-15 11:34 | Report Abuse

Maximum 2 months to hold for completion of due diligence. No shareholders or SC approval needed

Posted by maxstore769 > 2020-11-15 11:59 | Report Abuse

take 5

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