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

Posted by Mohamad Azeman > 2013-10-11 00:17 | Report Abuse

the price should rebounce

sephiroth

14,122 posts

Posted by sephiroth > 2013-10-11 09:53 | Report Abuse

if look hopeless, everyone pls sell like there's no tomorrow til the price drop to 0.50, i like to makan a lot coz high in cash level for me is no good

messi

1,915 posts

Posted by messi > 2013-10-11 10:59 | Report Abuse

stay focussed, keep reminding yourself of the special dividend...there is no need to panic sell....private placement @ 0.585, ESOS @ 0.55....downside limited

Posted by Chong Kan Yik > 2013-10-11 11:22 | Report Abuse

http://www.res280.com/ good or good? Is very good !

messi

1,915 posts

Posted by messi > 2013-10-11 11:37 | Report Abuse

good....more income from joint property development with Mepro

cakis79

26 posts

Posted by cakis79 > 2013-10-11 11:53 | Report Abuse

yes..surely a good location

messi

1,915 posts

Posted by messi > 2013-10-11 12:47 | Report Abuse

good news for salcon believers.

Fortunebull

2,599 posts

Posted by Fortunebull > 2013-10-15 18:27 | Report Abuse

Ha! Sharks will dump shares to push margin calls! Best to wait for blood in the ocean!

Posted by bomohsaham > 2013-10-15 19:20 | Report Abuse

bolih up

midtermtrader

1,166 posts

Posted by midtermtrader > 2013-10-15 22:52 | Report Abuse

Some of my friends trapped at RM0.70++ during the China water announcement....

rubisa57

207 posts

Posted by rubisa57 > 2013-10-16 07:22 | Report Abuse

Salcon is a cash rich company...but this company the esos offer to their employee also making loss..nanya kesian oh...x guna punya company.

hepitrade

5,290 posts

Posted by hepitrade > 2013-10-16 07:25 | Report Abuse

So sephiroth... Today cn jump in?

CityTrader

8,151 posts

Posted by CityTrader > 2013-10-16 07:37 | Report Abuse

Hi hepitrade, if u want to hold, trust sephiroth n he wont lead u to holland.

CityTrader

8,151 posts

Posted by CityTrader > 2013-10-16 07:42 | Report Abuse

Hepitrade. I m stil analysing Fortunebull investing performance. He has the high expectation which is good n i like but bit exaggerating that confuse me. u can follow his postings too but analyse yourself first. Hehe

hepitrade

5,290 posts

Posted by hepitrade > 2013-10-16 07:53 | Report Abuse

Then city trader..... I will follow u... Digi's song.. Huhu.. But how u guys see and analysed? Wish to learn but dunno whr to start first.... Advice.. Thanks

CityTrader

8,151 posts

Posted by CityTrader > 2013-10-16 07:57 | Report Abuse

Hepitrade, pls dont follow me as i lead ppl to holland. What i was saying above are true... Jst learn from that 2 guys & u can benefit alot..

hepitrade

5,290 posts

Posted by hepitrade > 2013-10-16 08:04 | Report Abuse

Just ask opinion.. City trader.. Cn u go to LFE counter to gip me some advice? Stuck

Lim AS

275 posts

Posted by Lim AS > 2013-10-16 13:30 | Report Abuse

So pls do not think highly of TS Liew and all the mother , subsidiary or associated cos . The group are out there to make lots of monies. Houses around 400-500 k are selling 900k-1.3 mi, which are way beyond of local purchasing power .I salute the state government to imposing 5% processing fees for foreign buyers . In actual fact , the processing fees should be higher ( +/- 10%) and foreign cars coming to Malaysia should pay a levy equivalent to the charge we are going out to S'pore at SD 20 per day. This will definitely deterred foreigners from coming here to speculate the already hot property markets which make locals despair to not owning a house here.

sephiroth

14,122 posts

Posted by sephiroth > 2013-10-17 09:19 | Report Abuse

falcon coming...

hepitrade

5,290 posts

Posted by hepitrade > 2013-10-17 11:24 | Report Abuse

sephiroth...falcon is a share?

sephiroth

14,122 posts

Posted by sephiroth > 2013-10-17 11:29 | Report Abuse

nope, i thought salcon is flying as high as a falcon, guess have to wait til end dec or early jan to complete the china deal

sephiroth

14,122 posts

Posted by sephiroth > 2013-10-17 16:18 | Report Abuse

glimmer of hope

Ivan10

71 posts

Posted by Ivan10 > 2013-10-17 21:27 | Report Abuse

uptrend ?

TESSA

7,919 posts

Posted by TESSA > 2013-10-17 21:29 | Report Abuse

when?? still waiting..like forever :)

ccdev

311 posts

Posted by ccdev > 2013-10-18 04:06 | Report Abuse

“After the sale of the assets, we will literally have zero borrowings. There are lots of opportunities for us to invest our money. We will take our time to look for good deals,” Executive director Datuk Eddy Leong said.

The proceeds from the disposal will also fund the expansion of its landbank expansion in Klang Valley, Johor and Penang.

almost debt free but special dividend may be small, and have to wait a few months.

messi

1,915 posts

Posted by messi > 2013-10-22 10:19 | Report Abuse

Salcon coming ....by Kenanga
http://klse.i3investor.com/blogs/kenangaresearch/38916.jsp

sephiroth

14,122 posts

Posted by sephiroth > 2013-10-22 10:23 | Report Abuse

Special dividend on the cards? Management indicated that post disposal of its China assets and debt repayment, they are likely to announce a special dividend to reward its shareholders. However, the quantum had yet to be decided. Assuming a 20% payout from its net cash position of RM276.0m, Salcon could possibly pay out 9 sen/share translating into about 14% yield to its current share price.

sephiroth

14,122 posts

Posted by sephiroth > 2013-10-22 11:42 | Report Abuse

SALCON is one of the front-runner for the Langat 2 project worth c.RM1.0b along with its JV partner namely MMC Corporation and Ahmad Zaki Resources. Its tender book in Malaysia comes up to RM2.5b

another water play, another 2.5 months to china deal

sephiroth

14,122 posts

Posted by sephiroth > 2013-10-22 14:53 | Report Abuse

0.66 now, once break 0.665 will turn bullish

messi

1,915 posts

Posted by messi > 2013-10-22 15:17 | Report Abuse

tough nut to crack

Posted by KahYong Tan > 2013-10-23 08:56 | Report Abuse

http://biz.sinchew.com.my/node/84183?tid=18 good news~~

messi

1,915 posts

Posted by messi > 2013-10-23 09:07 | Report Abuse

Engine started....ready to go

james88n

115 posts

Posted by james88n > 2013-10-23 09:16 | Report Abuse

finally moving.....

sephiroth

14,122 posts

Posted by sephiroth > 2013-10-23 09:18 | Report Abuse

technical suggest SALCON could be on the verge of a decisive breakout (upside/downside). We suggest trader to watch for a decisive upside breakout above RM0.665 before buying.

0bucks

253 posts

Posted by 0bucks > 2013-10-23 09:32 | Report Abuse

oredi break .665

heavyth

848 posts

Posted by heavyth > 2013-10-23 11:00 | Report Abuse

Hi KahYong Tan any write up in English regard this article > "http://biz.sinchew.com.my/node/84183?tid=18 good news~~" Tq

CityTrader

8,151 posts

Posted by CityTrader > 2013-10-23 11:41 | Report Abuse

it has formed a symmetrical triangle..

hwptrader

85 posts

Posted by hwptrader > 2013-10-23 16:32 | Report Abuse

citytrader what does this means Trap ?

TESSA

7,919 posts

Posted by TESSA > 2013-10-23 17:41 | Report Abuse

imao you can buy tomorrow :)

heavyth

848 posts

Posted by heavyth > 2013-10-23 17:57 | Report Abuse

What is imao ?

TESSA

7,919 posts

Posted by TESSA > 2013-10-23 18:47 | Report Abuse

internet slang lol which stands for In My Arrogant Opinion

heavyth

848 posts

Posted by heavyth > 2013-10-23 19:54 | Report Abuse

Thanks TESSA !!

sephiroth

14,122 posts

Posted by sephiroth > 2013-10-23 20:04 | Report Abuse

hwptrader, for symmetrical triangle, check below link
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:symmetrical_triangle

messi

1,915 posts

Posted by messi > 2013-10-24 00:30 | Report Abuse

getting closer to the conclusion of the disposal of China water assets......special dividend coming

Posted by Sheridan Sulik Suleiman > 2013-10-24 06:55 | Report Abuse

9sens per share....Langat 2 project award coming.... Salcon venturing to property business!?!...wow...sure up

hwptrader

85 posts

Posted by hwptrader > 2013-10-24 10:15 | Report Abuse

when is the date to sign the disposal of china water assets?, for Langat 2 project, it will announce during budget tomorrow ?

zamsaham

778 posts

Posted by zamsaham > 2013-10-24 10:40 | Report Abuse

Sheridan, no such thing as SURE UP.

Posted by Sheridan Sulik Suleiman > 2013-10-24 19:10 | Report Abuse

hahhahaaha...we'll see

TESSA

7,919 posts

Posted by TESSA > 2013-10-24 22:11 | Report Abuse

waiting like forever.. lol

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