SALCON BHD

KLSE (MYR): SALCON (8567)

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Last Price

0.285

Today's Change

-0.005 (1.72%)

Day's Change

0.285 - 0.29

Trading Volume

287,900


9 people like this.

7,603 comment(s). Last comment by TwilightWanderer 4 days ago

Posted by indikid91 > 2020-11-24 15:12 | Report Abuse

all his comment ending with "wkakaka"

ruhaizat69

825 posts

Posted by ruhaizat69 > 2020-11-24 15:24 | Report Abuse

Run even faster

kfliau

1,977 posts

Posted by kfliau > 2020-11-24 16:47 | Report Abuse

Looks like going to close red today. Operator really want every drop of your juice

hunterrrrr

210 posts

Posted by hunterrrrr > 2020-11-24 17:03 | Report Abuse

different counter different operators..like vivo..the help to push up the price 1st..ours are the cheap one..careful.

Heng999

94 posts

Posted by Heng999 > 2020-11-24 17:21 | Report Abuse

Vivocom they collect ton of ticket before consoli thats why he push up the price

BigZakar

261 posts

Posted by BigZakar > 2020-11-25 07:54 | Report Abuse

buy below 30cents and shut down the pc for half year......... open back then u will see it at 70cents

Legend

4,119 posts

Posted by Legend > 2020-11-25 08:17 | Report Abuse

Buy more...

Legend

4,119 posts

Posted by Legend > 2020-11-25 09:24 | Report Abuse

Sapuuuuuuu

ruhaizat69

825 posts

Posted by ruhaizat69 > 2020-11-25 09:33 | Report Abuse

Run

kfliau

1,977 posts

Posted by kfliau > 2020-11-25 10:17 | Report Abuse

If today can close green, then the 29 cents breach was a false break.

Posted by David_share > 2020-11-25 10:54 | Report Abuse

Prospects
Following the easing of the MCO, the Group’s construction activities have picked up pace and is
expected to end stronger towards the final quarter of the year. Prospects in the water and wastewater
sector remains resilient as the federal government continues to make huge investments to improve
the water quality and services in the country, especially the rural areas. Environment and Water
Minister Datuk Tuan Ibrahim Tuan Man said that RM10 billion will be set aside under the 12th
Malaysia Plan (12MP) to be tabled in January 2021 to improve the nation's water supply network. Of
the total allocation applied, RM1.37 billion would be allocated for the First Rolling Plan (RP1).
Moving forward, the Board remains committed to deliver sustainable growth and building a stable
earnings stream by diversifying our business portfolio. To this end, the Group recently acquired JR
Engineering and Medical Technologies (M) Sdn Bhd (JR), a glove manufacturing company. The
proposed acquisition comes with a profit guarantee of RM10 million per annum in JR for financial
years ending 2021, 2022 and 2023. The Group expects to potentially benefit from a major recovery in
earnings prospects as it diversifies into a lucrative growth segment. The acquisition is expected to be
completed by year end 2020

kfliau

1,977 posts

Posted by kfliau > 2020-11-25 11:44 | Report Abuse

This stock is going to be a turnaround stock like vivocom. Buy and hold tight tight for 1 year to see the fruits of investment. You can't go wrong

kfliau

1,977 posts

Posted by kfliau > 2020-11-25 12:17 | Report Abuse

I have a feeling it's cumming....

aceso

903 posts

Posted by aceso > 2020-11-25 12:20 | Report Abuse

Next week firework I think

messi

1,915 posts

Posted by messi > 2020-11-25 14:27 | Report Abuse

Next week got announcement ?

aceso

903 posts

Posted by aceso > 2020-11-25 14:36 | Report Abuse

Messi im not sure.. but i know something is in place but i think the political climate not allowing them to do so. Perhaps after budget we shall see.

kfliau

1,977 posts

Posted by kfliau > 2020-11-25 15:18 | Report Abuse

The impending announcement is about the due diligence of the acquisition. But it's not due until Jan 12th

aceso

903 posts

Posted by aceso > 2020-11-25 15:20 | Report Abuse

Nothing to do with the acquisition

kfliau

1,977 posts

Posted by kfliau > 2020-11-25 15:21 | Report Abuse

Just wonder how low will it go before having a meaningful rebound. Even AT also rebounding today. This operator is quite a parish with limited bullets

kfliau

1,977 posts

Posted by kfliau > 2020-11-25 15:35 | Report Abuse

Aceso, is it a positive announcement?

kfliau

1,977 posts

Posted by kfliau > 2020-11-25 15:38 | Report Abuse

If today close red again, then the 29 cents support is broken and the next stronger support is 24 cents

aceso

903 posts

Posted by aceso > 2020-11-25 15:40 | Report Abuse

Positive

aceso

903 posts

Posted by aceso > 2020-11-25 15:41 | Report Abuse

Looks like is closing red tho..’cant do much.. operator game

hunterrrrr

210 posts

Posted by hunterrrrr > 2020-11-25 15:59 | Report Abuse

the only glove counter that drop during the announcement...announce at the wrong time , wrong strategy..sohai director..

kfliau

1,977 posts

Posted by kfliau > 2020-11-25 16:02 | Report Abuse

Thus slow and gradual decent is disturbing. Like 慢火煮青蛙. Before you realize it, it has come down a big chunk

Posted by smallprawn > 2020-11-25 16:07 | Report Abuse

gg.com ?

aceso

903 posts

Posted by aceso > 2020-11-25 16:09 | Report Abuse

I think budget related too... this counter related heavily to malaysian budget. Perhaps friday can see something. Today movement is also very small.
Could be contra players offloading frm the small spike 2 days ago. Even I thought can jump

Posted by lowsumwen91 > 2020-11-25 16:12 | Report Abuse

i bought on 0.39, should hold?

aceso

903 posts

Posted by aceso > 2020-11-25 16:14 | Report Abuse

I dont have answer for u.. im stuck around ur range for mother and son at 0.135

Posted by smallprawn > 2020-11-25 16:14 | Report Abuse

Sorry Guys, I am leaving this counter... Cheers
0.35 cut loss 0.275 ... I could be wrong

aceso

903 posts

Posted by aceso > 2020-11-25 16:16 | Report Abuse

How much u lost la total

kfliau

1,977 posts

Posted by kfliau > 2020-11-25 16:22 | Report Abuse

My paper loss already 237k. Close to 25% from average 36.7 cents

kfliau

1,977 posts

Posted by kfliau > 2020-11-25 16:24 | Report Abuse

I recalled buying AT son at 6.5 cents. It went down as low as 3.5 cents over a period of 6 months before staging a strong rally to 28 cents. I cleared all at 24 cents.

aceso

903 posts

Posted by aceso > 2020-11-25 16:27 | Report Abuse

I jst pm u kfkiau

kfliau

1,977 posts

Posted by kfliau > 2020-11-25 16:29 | Report Abuse

Undeniably this is the worst Glove theme counter. Came down from 41.5 cents all the way upon announcement of acquisition. Even AT also managed to spike from 11 cents to 19.5 cents upon announcement, giving you ample time to run and take profit

ZzzTrader

439 posts

Posted by ZzzTrader > 2020-11-25 16:30 | Report Abuse

Real con

Posted by lowsumwen91 > 2020-11-25 16:33 | Report Abuse

as long as not break 0.27 would be fine?

kfliau

1,977 posts

Posted by kfliau > 2020-11-25 16:35 | Report Abuse

Aceso, Where time find your pm? Is it via messenger?

aceso

903 posts

Posted by aceso > 2020-11-25 16:36 | Report Abuse

I3 messenger

kfliau

1,977 posts

Posted by kfliau > 2020-11-25 16:40 | Report Abuse

Aceso, It's not Facebook messenger right? I am not familiar. Perhaps you can email me at kfliau888@yahoo.com

aceso

903 posts

Posted by aceso > 2020-11-25 16:41 | Report Abuse

I email u

aceso

903 posts

Posted by aceso > 2020-11-25 16:41 | Report Abuse

The messneger in this website click on chat icon

kfliau

1,977 posts

Posted by kfliau > 2020-11-25 16:50 | Report Abuse

Got it. Thanks Aceso

hunterrrrr

210 posts

Posted by hunterrrrr > 2020-11-25 16:52 | Report Abuse

howcome after 4.50pm somebody bought at 270c..lor scam

kfliau

1,977 posts

Posted by kfliau > 2020-11-25 16:53 | Report Abuse

This operator really has no mercy. Closed at 27 cents!

Posted by limit_up_soon > 2020-11-25 17:35 | Report Abuse

aceso can i3 message me too?

Posted by ukauka2020 > 2020-11-25 19:15 | Report Abuse

can we open group chat for this counter?

kfliau

1,977 posts

Posted by kfliau > 2020-11-25 19:35 | Report Abuse

The Only way this stock can go up is we boycott thus stock and don't buy. Let operator plays himself

sheep

3,849 posts

Posted by sheep > 2020-11-25 19:37 | Report Abuse

patience...queue buy at 0.25....strong support...second batch pp was issued at 0.255...wakakakaka

PN2020

247 posts

Posted by PN2020 > 2020-11-25 19:53 | Report Abuse

Prince of Darkness counter.

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