SALCON BHD

KLSE (MYR): SALCON (8567)

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Last Price

0.42

Today's Change

+0.005 (1.20%)

Day's Change

0.41 - 0.43

Trading Volume

6,015,900


9 people like this.

7,567 comment(s). Last comment by sunnyspoon 8 hours ago

messi

1,915 posts

Posted by messi > 2013-09-25 15:22 | Report Abuse

topseeker said....... buy on rumors sell on news.

heavyth

848 posts

Posted by heavyth > 2013-09-25 17:06 | Report Abuse

What is the 'good news is coming related to spsetia'...as said by topseeker > messi ! Please share the news !!!

Posted by 爱丽斯 梦幻世界 > 2013-09-25 21:45 | Report Abuse

salcon good? how to read this stock?

aikinlai

896 posts

Posted by aikinlai > 2013-09-25 22:25 | Report Abuse

Just straight to the point what is the news

Posted by weixing1 > 2013-09-26 00:13 | Report Abuse

It will be game over soon, meanwhile play a few rounds between 63 and 68, buy when low sell on high, after that say bye bye. It will go below 60. No further news to excite. Meanwhile the warrants are dead, don't touch it. Good luck.

Muarmali

1,186 posts

Posted by Muarmali > 2013-09-26 10:29 | Report Abuse

They can easily capitalize on the proceed from the water assets disposal in China to fuel new story... tomorrow never dies. :)))

0bucks

253 posts

Posted by 0bucks > 2013-09-26 10:37 | Report Abuse

weixing1, not to lose hope like u said, as maybe eco come back for RTO ?

Muarmali

1,186 posts

Posted by Muarmali > 2013-09-26 11:03 | Report Abuse

The buying rate is high but not splashy enough. I think it will only move when the volume hit 20 mil. :)))

Lim AS

275 posts

Posted by Lim AS > 2013-09-26 13:33 | Report Abuse

After TS Liew retired from SP Setia . U may see the light at the end of the tunnel?

messi

1,915 posts

Posted by messi > 2013-09-26 14:21 | Report Abuse

13/9/2013 KUALA LUMPUR:

Salcon Bhd has proposed to sell all its water treatment concessions for RM518.28 million cash, an amount that exceeds its market capitalisation of RM414.3 million.

After netting off liabilities and minority interest, Salcon would pocket RM284 million cash, or 47.29 sen per share based on a share capital of 600.5 million shares. The stock closed at 69 sen yesterday.

Salcon is considering capital repayment or special dividend to return part of the proceeds to shareholders, but the amount has yet to be decided, said its executive director Eddy Leong.

With the fresh cash in hand, Salcon will team up with Eco World Development Sdn Bhd, which is controlled by Tan Sri Liew Kee Sin of S P Setia Bhd, to develop two tracts in Johor Baru that Eco World bought in January.

messi

1,915 posts

Posted by messi > 2013-09-26 14:22 | Report Abuse

Have faith and be rewarded when the time comes

Lim AS

275 posts

Posted by Lim AS > 2013-09-26 16:33 | Report Abuse

ai lai lioa

0bucks

253 posts

Posted by 0bucks > 2013-09-26 16:57 | Report Abuse

the son really no use

KClow

1,229 posts

Posted by KClow > 2013-09-26 16:59 | Report Abuse

obucks what happened to ur narra and hlind.. still up ah.. aiyoyoyo

KAHFIEHLAI

677 posts

Posted by KAHFIEHLAI > 2013-09-26 22:01 | Report Abuse

can someone summary the inter relation and deal between Trop/Salcon/Focal & Ecoworld??

Posted by Chong Kan Yik > 2013-09-26 22:09 | Report Abuse

son is useless because of the expiring date. this company once sold off the china water company, settle all the debt, net cash on hand is rm0.50, plus now retain cash on hand 0.14, total net cash per share =rm0.64 ,premium 3.5cents now to buy a company, worth?

Posted by sesisir_pisang > 2013-09-26 23:43 | Report Abuse

It is normal to get drunk by consuming alcohol but to get drunk by consuming caffeine .....haiz....no medicine can cure ......trop related to salcon, focal & eco ? adui....

0bucks

253 posts

Posted by 0bucks > 2013-09-27 10:33 | Report Abuse

KClow, ku dah jual loooo

Lim AS

275 posts

Posted by Lim AS > 2013-09-27 13:34 | Report Abuse

Those involved take turns to speculate shares belonged to property counters within the IDR so as to make as much as possible to resurrect a new co? Thus we r only following behind trying to make some coffee money for breakfast. Itu salah kah?

messi

1,915 posts

Posted by messi > 2013-09-27 16:36 | Report Abuse

Investors could be rewarded when China water assets sale completed.

TESSA

7,919 posts

Posted by TESSA > 2013-09-27 16:37 | Report Abuse

nice!!! :)

Lim AS

275 posts

Posted by Lim AS > 2013-09-30 09:21 | Report Abuse

all the good news out but the share fail to miserably within TS Liew group ?

0bucks

253 posts

Posted by 0bucks > 2013-09-30 14:58 | Report Abuse

Say bye bye to Salcon

Idiot

126 posts

Posted by Idiot > 2013-09-30 15:14 | Report Abuse

Ok interesting news for all : Salcon sold 100% of China assets to BEWG Ltd for RM518m, BEWG today placed out 5% of its own shares to Khazanah for roughly RM590m, in a nutshell, we M'sian suckers are paying for the assets once owned by ourselves (Salcon)

keithchan

367 posts

Posted by keithchan > 2013-09-30 16:22 | Report Abuse

fish monger of Hunza and this sam teck boys sama bangsat one

TESSA

7,919 posts

Posted by TESSA > 2013-09-30 16:23 | Report Abuse

@Idiot..what????

0bucks

253 posts

Posted by 0bucks > 2013-09-30 16:26 | Report Abuse

please enlighten me, Idiot

Lim AS

275 posts

Posted by Lim AS > 2013-09-30 18:31 | Report Abuse

r u sure Idiot? this is tantamount to day light robbery?

Idiot

126 posts

Posted by Idiot > 2013-09-30 22:55 | Report Abuse

Nolah, to be fair BEWG also has other water assets, if Khazanah is truely our torch bearer, they should just pay Salcon RM518, owns 100% of their water assets and grow the biz in China !!! Now, they own 5% of a large entity for what ??? Khazanah vs Temasek, guess who's smarter ??

Lim AS

275 posts

Posted by Lim AS > 2013-10-01 12:58 | Report Abuse

extract:
The stock jumped as much as 7.4 percent in Hong Kong trading and closed at HK$3.27, the biggest increase since Sept. 13.

The company will issue 400 million new shares at HK$2.95 apiece to the unit of Malaysian sovereign wealth fund Khazanah Nasional Bhd for working capital, Beijing Enterprises said in a filing to the Hong Kong stock exchange yesterday.
untung 10% atas angin!!!!!

Idiot

126 posts

Posted by Idiot > 2013-10-01 16:29 | Report Abuse

Untung only you sell, now shiok sendiri saja...anyway, not sure how Khazanah's investment will add to our strategic national interest

0bucks

253 posts

Posted by 0bucks > 2013-10-02 10:33 | Report Abuse

now this SellCon is the only tumor counter in my portfolio, damn

TESSA

7,919 posts

Posted by TESSA > 2013-10-02 10:34 | Report Abuse

damn!!!

sephiroth

14,122 posts

Posted by sephiroth > 2013-10-02 11:15 | Report Abuse

will only rise when get the $$$ in Jan 2014, exactly the same case like lbs, b4 getting $$$, hovering around 0.88-0.90, once the deal done now 1.80-1.90

Lim AS

275 posts

Posted by Lim AS > 2013-10-02 12:16 | Report Abuse

mcm ni susahlah kena tunggu lama ! agak berapa sp dividen akan dibayar lepas jual konsesi air?

TESSA

7,919 posts

Posted by TESSA > 2013-10-02 14:20 | Report Abuse

:(

sephiroth

14,122 posts

Posted by sephiroth > 2013-10-02 14:38 | Report Abuse

those with no holding power can exit and reenter in late Dec

keithchan

367 posts

Posted by keithchan > 2013-10-02 14:45 | Report Abuse

pretty sure after selling the teo fellas will go buy something again. maybe something in xxxstan or russia. just count trust him

Lim AS

275 posts

Posted by Lim AS > 2013-10-02 15:01 | Report Abuse

I think so or else monies trapped n lost many opportunities

0bucks

253 posts

Posted by 0bucks > 2013-10-02 15:51 | Report Abuse

THE WARRANT, RUN FOR YOUR LIFE !

0bucks

253 posts

Posted by 0bucks > 2013-10-04 09:43 | Report Abuse

pants drop

Posted by jordanravindran > 2013-10-04 15:45 | Report Abuse

agree with you keith about teo

Lim AS

275 posts

Posted by Lim AS > 2013-10-04 16:38 | Report Abuse

Going south to South pole , confirmed dead counter and forgone case!

Posted by leslieroycarter > 2013-10-05 21:31 | Report Abuse

The only advice : Run for your life....I had got out albeit a little loss.

messi

1,915 posts

Posted by messi > 2013-10-06 17:42 | Report Abuse

how about the special dividend from sale of China assets? also gone ???

TESSA

7,919 posts

Posted by TESSA > 2013-10-07 08:35 | Report Abuse

waiting for good news...

Posted by applejamestan > 2013-10-07 11:05 | Report Abuse

little loss better than total loss!

0bucks

253 posts

Posted by 0bucks > 2013-10-07 12:41 | Report Abuse

and Capital repayment ?

Posted by sulaimanab1955 > 2013-10-07 16:15 | Report Abuse

if the Teo fellow never ask you for more $ you are fortunate. You want to ask for repayment?

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