Posted by aceso > 2021-04-19 17:18 | Report Abuse

Haha betul tu

Posted by phyroxus > 2021-04-20 11:43 | Report Abuse

water rasau project is a con

Posted by SamLiRainMaker > 2021-04-20 17:46 | Report Abuse

Four consecutive Annual Loss since 2017 thus is fair for their price stay between 0.22-0.28 cent unless Rasau water treatment plant job is firm.

Posted by aceso > 2021-04-20 19:04 | Report Abuse

Share buyback again..

Posted by SamLiRainMaker > 2021-04-21 09:29 | Report Abuse

Still accumulating stage between 0.235-0.24. Big announcement soon before price shoot up to sky.

Posted by aceso > 2021-04-21 10:02 | Report Abuse

Deiiii all mongering ar... our friends in 40th floor cold d.. dont make them false hope

Posted by 11395861 > 2021-04-21 10:57 | Report Abuse

Tree day ago more hanturaya to be buyer...now it make them true hope...wa ka ka

Posted by SamLiRainMaker > 2021-04-23 10:35 | Report Abuse

Chart look very nice. Might shoot up soon.

Posted by chinaman > 2021-04-26 19:27 | Report Abuse

Saikong also have gloves mfg via 51% subsidiary JR Engineering and medical gloves. Why market over look it? India will be new big market with over 300,000 new cases every single day.

Posted by Tham Hoe Yean > 2021-04-26 22:01 | Report Abuse

Chinaman, do u realised how small JR is in glove making business? Market will not even look at it

Posted by Diogo_Jota > 2021-04-27 11:49 | Report Abuse

Price keep on pressing down, maybe need to wait after dividend share issuance

Posted by Tham Hoe Yean > 2021-04-27 20:07 | Report Abuse

After share dividend distributed, directors will have more share in hand, price up will benefits them most. Stay tune.

Posted by 11395861 > 2021-04-28 09:56 | Report Abuse

Sleep....sleep. bila mau bangun tidor

Posted by lawpc128 > 2021-04-28 17:25 | Report Abuse

India cannot even afford oxygen . u think they buy gloves or they recycle. Whatever money they have is spent on rafales jet fighters, us helicopters n war weapons. The ordinary people can suffer.

Posted by greedy44 > 2021-04-28 19:23 | Report Abuse

Tenders not yet open ??

https://www.theedgemarkets.com/article/tenders-rm4-bil-rasau-water-treatment-plant-be-called-next-year

Posted by Tham Hoe Yean > 2021-04-29 09:52 | Report Abuse

Greedy, old news...

Posted by chinaman > 2021-04-29 11:06 | Report Abuse

gloves is just a small revenue contributor. I like saikong bcs it not solely depend on one business. Better diversified, rojak in dynamic business environment. glove may be goldpot now, may turn into shit post covid. No room for kaki contra....intended for long term players who believe on its future prospects.

Posted by Tham Hoe Yean > 2021-04-29 17:02 | Report Abuse

Worldwide water shortage issue can only become worse in future. And human can still live without 5G, electric car or iPhone xx. Without water iphone or hightech components can't even produce.

Posted by SamLiRainMaker > 2021-04-29 19:34 | Report Abuse

@Greedy44 Project estimated award by end of year. Definitely price will shoot up to the sky if they’re being awarded this job.

Posted by 11395861 > 2021-04-30 14:45 | Report Abuse

Monday ..open bidding Rasau Treatment water......If Salcon selected....share price up to RM0.30

Posted by husky88 > 2021-04-30 23:17 | Report Abuse

0.30 only. Better go invest other stock

Posted by Mar2083 > 2021-05-14 11:21 | Report Abuse

Yes, better invest carepls

Posted by Limup > 2021-05-19 16:52 | Report Abuse

glove trend also dwn up , apa glove ni

Posted by LimituPrince > 2021-05-24 13:48 | Report Abuse

Only dumb like Limup would buy in this and suffer himself, gosh it’s already 2021 still glove trend
Have fun staying poor

Posted by Limup > 2021-05-27 12:18 | Report Abuse

LimituPrince Only dumb like Limup would buy in this and suffer himself, gosh it’s already 2021 still glove trend
Have fun staying poor
24/05/2021 1:48 PM

WOW BIGGEST LIAR APPEAR HERE !! HI Sinkalan HAHAHA

Posted by TokioDeals > 2021-06-08 15:10 | Report Abuse

Will fly soon

Posted by 11395861 > 2021-06-08 19:30 | Report Abuse

I confident once time salcon will fly... .0.22cent the right price to buy

Posted by 11395861 > 2021-06-15 15:37 | Report Abuse

Alhamdulillah...dah mula bergerak

Posted by Infinite > 2021-06-15 22:16 | Report Abuse

Dulu gerak sebab sbb, ini lain macam

Posted by TokioDeals > 2021-06-19 10:24 | Report Abuse

Again, will fly soon

Posted by Petronas > 2021-06-19 10:32 |

Post removed.Why?

Posted by husky88 > 2021-06-22 20:15 | Report Abuse

Fly to Holland

Posted by Steadyguy888 > 2021-06-23 16:05 | Report Abuse

fly soon, ready...

Posted by husky88 > 2021-06-23 19:44 | Report Abuse

Fly Holland

Posted by burkon87 > 2021-06-29 19:48 | Report Abuse

Fly fly fly flying

Posted by husky88 > 2021-06-29 22:09 | Report Abuse

Wait 10 year also no fly. Dead stock

Posted by saliza1804 > 2021-07-01 11:24 | Report Abuse

Anyone get share dividend? 1 for 45?

Posted by zalidaud > 2021-07-03 10:00 | Report Abuse

Saliza1804 Not yet!

Posted by saliza1804 > 2021-07-03 18:32 | Report Abuse

zalidaud, me too. Not received. I thought will be credited on 1st july

Posted by zalidaud > 2021-07-05 22:16 | Report Abuse

Saliza, I do not know why. But will definitely be credited as well. Just not at the time as expected

Posted by awesome20 > 2021-07-08 05:01 | Report Abuse

Now cheap…water project coming

Posted by Drachen > 2021-07-09 19:44 | Report Abuse

No shares credited yet.

Posted by Drachen > 2021-07-12 10:27 | Report Abuse

i tak dapat lagi. Entahlah kenapa.

Posted by zalidaud > 2021-07-13 09:59 | Report Abuse

Dividend credited already

Posted by Drachen > 2021-07-13 11:07 | Report Abuse

Finally got my 627 dividend shares.

Posted by saliza1804 > 2021-07-13 16:16 | Report Abuse

Last year 2 months after they give dividend, price fly up to 0.40++. Must wait for another 2 months also this year haha..

Posted by lawpc128 > 2021-07-15 17:49 | Report Abuse

Rasau water treatment 4b contract will be announced q3. Salcon has a good chance of geting a piece of the pie.

Posted by Musfaz83 > 2021-07-15 18:03 | Report Abuse

profit guarantee of RM10mil per annum


PETALING JAYA: Salcon Bhd is acquiring 51% equity in glove manufacturing company JR Engineering and Medical Technologies (M) Sdn Bhd for RM28.56mil.

The proposed acquisition comes with a profit guarantee of RM10mil per annum for the financial years 2021,2022 and 2023, ending Dec 31.

Salcon executive director Datuk Eddy Leong said the proposed acquisition is in line with Salcon’s strategy of growth and diversification.Listed on the Main Market of Bursa Malaysia, Salcon’s core business is in water and wastewater engineering.

“We are confident the resulting significant synergies, economies of scale and enlarged market presence will strengthen the group’s growth profile and bring greater long-term value to our stakeholders.

“Although there are other manufacturers ramping up production capacity and new entrants venturing into this sector, we believe a structural change in usage of gloves will ensure there will be continued and strong demand in the market in the near to mid term, ” he said in a statement.

Posted by Musfaz83 > 2021-07-15 18:06 | Report Abuse

JR is operating beyond its capacity, with an annual production of 336 million gloves from four single former production lines in their factory located in Zurah Industrial, Rasa, Hulu Selangor.

To cater to the spike in demand in specific export markets, Salcon is targeting to increase and ramp up production capacity by an additional 12 lines, to a total of 16 production lines within a year.

The estimated capital expenditure for the expansion is RM150mil, which will be funded via internally generated funds and bank borrowings.

Once completed, the expansion will bring the total production capacity to three billion gloves per annum.

“Upon completion of the transaction, Salcon will have immediate access to a trained labor force, existing customers and an immediate source of revenue – cutting down lengthy product approval and registration processes, ” added Leong.

JR has already in place the necessary approvals, such as Food and Drug Administration certification and the CE Marking Certification that will enable the group to export to the United States, Europe and other countries.

Posted by BigZakar > 2021-07-16 15:12 | Report Abuse

it is coming..............prepare for limit up!!!!!!!!