Posted by miketyu > 2013-11-27 13:50 | Report Abuse

I am not sure about the payout. Whether it is special dividend or capital repayment. anyone can explain?

Posted by DtheOne > 2013-11-27 13:52 | Report Abuse

if they are able to pay dividend, guess q3 is gonna be great too

Posted by stteck > 2013-11-27 14:01 | Report Abuse

Outcome of Meeting
On behalf of the Board of Directors of Salcon Berhad (the "Company"), Hong Leong Investment Bank Berhad is pleased to announce that the shareholders of the Company, at the Extraordinary General Meeting (“EGM”) held today, approved the ordinary resolution as set out in the Notice of EGM dated 12 November 2013.



This announcement is dated 27 November 2013.

Posted by sheep > 2013-11-27 14:06 | Report Abuse

bland news. think will consolidate at abt 0.70

Posted by PM WA > 2013-11-27 14:17 | Report Abuse

anyone attended the EGM?

Posted by TESSA > 2013-11-27 19:57 | Report Abuse

not me :)

Posted by susan68 > 2013-11-27 20:53 | Report Abuse

3rd quarter results out 76% better than last quarter. .outstanding results woohoo ^^

Posted by susan68 > 2013-11-27 20:56 | Report Abuse

I already feel this 3rd quarter good as they wan pay 30m dividend. .really happy to know its 3q very good ^^

Posted by heavyth > 2013-11-27 21:14 | Report Abuse

Where u get info 3rd qtr better than last qtr..??

Posted by messi > 2013-11-27 21:17 | Report Abuse

Quarterly rpt on consolidated results for the financial period ended 30/9/2013 already out.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1474329

Posted by sephiroth > 2013-11-27 22:01 | Report Abuse

The Group expect the proposed divestment of China concessions exercise to be completed towards the end of Dec 2013.

Posted by heavyth > 2013-11-28 10:46 | Report Abuse

So not much excitement till end of next year...!!!!

Posted by heavyth > 2013-11-28 11:31 | Report Abuse

...very quiet !!!

Posted by sephiroth > 2013-11-28 14:38 | Report Abuse

just a recap

Upon completion, this disposal exercise will bring in total cash of RM284m net of liabilities and result in a disposal gain of RM94.61m (or 15.8 sen/share). Its book value will increase to RM0.91 from RM0.80
as at end-FY12.

Posted by heavyth > 2013-11-28 16:17 | Report Abuse

sephiroth are u holding any salcon stock..???

Posted by messi > 2013-11-28 16:18 | Report Abuse

hold tight - special div is on the way

Posted by heavyth > 2013-11-28 16:22 | Report Abuse

special div only when disposal exercise is completed..which is 1st qtr next year..am i correct !!

Posted by sephiroth > 2013-11-28 16:23 | Report Abuse

heavyth, i bought at 0.635, gonna add more (65 if can) coz mr market ignore div and cash rich salcon, next yr 5 sen sp div + 1 sen normal div, property rev will only come in FY15

Posted by heavyth > 2013-11-28 17:32 | Report Abuse

Thanks sephiroth...so FY2014 will be flat !!!

Posted by sephiroth > 2013-11-28 18:31 | Report Abuse

flat but we get our 5+1 sen div also ok ma at 0.635,9.44% yield

Posted by Fortunebull > 2013-11-28 18:34 | Report Abuse

Nowadays, shareholders are quite demanding! Unless special dividend or cash payout announce, dont expext price to move!

Posted by sephiroth > 2013-11-28 19:03 | Report Abuse

if this is the case, they might as well dump the shares and drag the share price to below 0.60, so we can collect more ma

Posted by heavyth > 2013-11-28 19:55 | Report Abuse

9.44 % is much better than FD > sephiroth..will see how market react to it !!

Posted by jennylee1382 > 2013-11-28 21:06 | Report Abuse

sephiroth i need immediate c/loss in warrant or can wait a bit time. pls check for me will rebound to 0.16-0.165.at least i not loss much

Posted by sephiroth > 2013-11-28 22:18 | Report Abuse

jenny, i can't decide for u, just to note that the mother share will definitely rebound end Dec once the china deal completed

Posted by messi > 2013-11-28 22:19 | Report Abuse

wait for announcement of special div in Dec or Jan....there could be another uptrend for the mother & son

Posted by jennylee1382 > 2013-11-28 23:58 | Report Abuse

messi sure rebound the son coz next year may expired

Posted by jennylee1382 > 2013-11-28 23:58 | Report Abuse

sephiroth any share can buy

Posted by messi > 2013-11-29 00:11 | Report Abuse

wa expire in 5.5 months on 17/05/2014. if mother can cross 75sen in dec, then got hope for son.

some warrants out of money have been extended upon expiry date....not sure whether will happen to salcon-wa

Posted by sephiroth > 2013-11-29 09:32 | Report Abuse

jenny wait for titijaya on monday(T3) can buy below 1.50

Posted by jennylee1382 > 2013-11-29 13:37 | Report Abuse

sephiroth tqvm should sell at what price

Posted by sephiroth > 2013-11-29 13:49 | Report Abuse

jenny u need to make yr own decision whether yr profit target is 10%, 20% or more. mine range from 20%-100%

Posted by Muarmali > 2013-11-29 15:22 | Report Abuse

Salcon is entering into hibernation. :)))

Posted by NRobert > 2013-11-29 15:25 | Report Abuse

Wake up Salcon ! don't sleep now!

Posted by Muarmali > 2013-11-29 15:39 | Report Abuse

They have finally offloaded all the shares they bought during the big fall last two months.

Posted by sephiroth > 2013-11-29 16:04 | Report Abuse

since the sale of china assets will only be done on end Dec, salcon will only be waking up in early jan

Posted by Dkwee > 2013-11-30 10:40 | Report Abuse

Sephiroth if Monday T3 titijaya price drop below ipo 1.50 so we can jump in? I will follow u bro..
Btw may I hv ur valuable opinion for this ctr PUNCAK..I intend to go in at current price range
Between Rm3.40 to rm3.50 ok? RHB tp Rm5.00 above...TQ in advance..cheers..

Posted by sephiroth > 2013-11-30 14:11 | Report Abuse

Dkwee, i am planning to buy at 1.45 and below but LTH/LTAT will most likely average down to protect their investment and hence preventing the price to fall below 1.50. i'm not too sure on puncak but one thing i can be sure, totally cannot trust rhb rpt , for eg airasia x tp 1.65, one day later change tp to 1.30, another eg, instacom tp change from 0.51(30/9) to 0.29(19/11) and 0.30(28/11) they change tp to collect cheap

Posted by CityTrader > 2013-11-30 14:20 | Report Abuse

Hi septhiroth!!! what is kcchongz's view on this titijaya?? Curent price overvalued? TQ

Posted by Fortunebull > 2013-11-30 14:23 | Report Abuse

This Salcon very good prospect soon! Waiting at 60 cents!

Posted by jennylee1382 > 2013-11-30 14:23 | Report Abuse

sephiroth warrant expired on 17/5/14. i told my cost 0.165. i hope can sell 0.17 get a bit of profit if can't i may sell 0.165 loss on brokage fees. can you check for what is the right px i able to sell it off

Posted by sephiroth > 2013-11-30 14:24 | Report Abuse

CT, have not ask him, new IPO company definitely have nothing to shout about coz they r low in cash, high in debt(althought their above average profit margin north of 20% is impressive)

Posted by sephiroth > 2013-11-30 14:26 | Report Abuse

jenny, just wait til end dec, if u r so worried, sell at a slight loss/break even at 0.16/0.165 for ease of mind

Posted by CityTrader > 2013-11-30 14:31 | Report Abuse

TQ for your prompt reply, sephiroth.

Posted by jennylee1382 > 2013-11-30 14:46 | Report Abuse

Sephiroth TQ for your prompt reply and yr suggection. ok i will wait till Dec. I hope to reach 0.17. next future you got any good counter to in low price pls send to my Email : jennyleeyl @gmail.com. you are extremely investor. I like yr way.TQvm

Posted by Dkwee > 2013-11-30 16:42 | Report Abuse

Sephiroth TQvm for your prompt reply..i like to read your comments on other counters..ya rhb comments Tak boleh pakai one..i....will monitor closlely titijaya on monday..thanks again.:)

Posted by Jeff Wong > 2013-11-30 22:38 | Report Abuse

Rhb call for buy for salcon . 2 or 3 week will be a new rally. Lets see really or not .

Posted by jacklintan > 2013-12-01 17:51 | Report Abuse

70cts on Monday. hehe

Posted by Muarmali > 2013-12-02 12:36 | Report Abuse

zzzzzzzzz............

Posted by Muarmali > 2013-12-02 17:05 | Report Abuse

I like 66. :)))))