Posted by Muarmali > 2013-12-20 15:06 | Report Abuse

635? :)))

Posted by sephiroth > 2013-12-21 01:12 | Report Abuse

First half of the disposal will proceed earlier to allow interest savings and interest income 438k as stated below. 2nd half will done by January 2014. Cheers Salcon shareholders

the Board has deliberated and decided to proceed with the completion of SPA-A, after taking into consideration that the completion of SPA-A will allow the Company to amongst others, receive the Second Payment-A of RMB278.5 million, from BEWG earlier (prior to the Long Stop Date), for the
proposed disposals of the entire issued and paid-up share capital of Salcon Darco and Salcon Jiangsu,which will then provide the Company a total interest savings and additional interest income of approximately RM438,000, assuming the SPA-A is completed by early next week. In view of the above,the Board is of the opinion that the completion of the SPA-A ahead of the completion of the SPA-B is in the best interests of the Company.




http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/all/5C4DD4F442C51EAB48257C470036AF3A/$File/Salcon-Announcement.pdf

Posted by sephiroth > 2013-12-23 09:44 | Report Abuse

Adding more at 0.635 b4 it wake up next yr

Posted by heavyth > 2013-12-23 20:55 | Report Abuse

sephiroth u are so confident....!!

Posted by sephiroth > 2013-12-26 10:38 | Report Abuse

it's only a matter of time it will fly, 284m cash net of liabilities or 46.6 sen is 72.2% of current share price 0.645

Posted by sjou > 2013-12-26 15:46 | Report Abuse

salcon start engine ..........

Posted by james88n > 2013-12-26 16:07 | Report Abuse

flying to north....haha..

Posted by Muarmali > 2013-12-26 16:12 | Report Abuse

No sign of tukang goreng. Zzzzzz.......

Posted by mazli > 2013-12-26 18:16 | Report Abuse

esok naik lagi ke

Posted by sephiroth > 2013-12-27 11:59 | Report Abuse

might break out today

Posted by miketyu > 2013-12-27 12:50 | Report Abuse

Looking forward to as well =)

Posted by i3i2i1 > 2013-12-27 14:44 | Report Abuse

just noticed about this takeover and SALCON will benefits from it?
http://www.thestar.com.my/Business/Business-News/2013/09/18/Eco-World-buys-into-Focal-Aims.aspx/

Posted by i3i2i1 > 2013-12-27 14:45 | Report Abuse

ECOWLD up more than 9% already

Posted by i3i2i1 > 2013-12-27 14:55 | Report Abuse

i get info from matrix sw, salcon still have no momentum, can collect but must wait. i will watch over this counter, not to be missed

Posted by stteck > 2013-12-27 16:00 | Report Abuse

Latest news from theedge, but seems not so excited......

http://www.theedgemalaysia.com/business-news/269139-best-maa-deal-salcons-timely-exit-from-china.html

Posted by sephiroth > 2013-12-27 16:18 | Report Abuse

gaining momentum 0.665

Posted by stteck > 2013-12-27 16:18 | Report Abuse

0.665, this stock nowadays moved in late afternoon.....

Posted by james88n > 2013-12-27 16:27 | Report Abuse

heading north.....

Posted by sephiroth > 2013-12-27 16:29 | Report Abuse

not surprising, i have already said so weeks ago, as i keep absorbing 0.635

Posted by sjou > 2013-12-27 16:35 | Report Abuse

chase wa ,can earn more.....

Posted by james88n > 2013-12-27 16:36 | Report Abuse

but the warrant sleeping

Posted by stteck > 2013-12-27 16:37 | Report Abuse

sjou, wa expiring soon in 6 months....better dont take the risk....

Posted by sjou > 2013-12-27 16:44 | Report Abuse

bet it short term is no matter.......

Posted by i3i2i1 > 2013-12-27 16:57 | Report Abuse

stteck, the news seems not so accurate, focal already changed name to ecowld, up about 9 % already

Posted by stteck > 2013-12-27 17:09 | Report Abuse

i3i2i1 thanks. probably due to Xmas holidays, the editor didnt post it on them hahaha

Posted by mazli > 2013-12-27 18:14 | Report Abuse

Why salcon.wa down mother ok

Posted by sephiroth > 2013-12-27 19:19 | Report Abuse

mazli, coz exercise price is 0.75 and most importantly gonna expire in May. The premium to mother share now is way too high at 24%

Posted by sephiroth > 2013-12-28 14:52 | Report Abuse

to refresh memory , next week fly pass 70

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 stteck > 2013-12-30 09:44 | Report Abuse

would it explode in the afternoon as usual?

Posted by sephiroth > 2013-12-30 09:45 | Report Abuse

nope, explosion starts thursday 2/1/14

Posted by sephiroth > 2013-12-30 11:16 | Report Abuse

salcon situation is the very same situation with lbs b4 the disposal, lbs went all the way down to 88 and rose 100% after disposal comfirmed

Posted by stteck > 2013-12-30 15:52 | Report Abuse

the trading volume always comes late in the afternoon nowadays,

Posted by sephiroth > 2013-12-30 15:55 | Report Abuse

heating UP

Posted by stteck > 2013-12-30 15:58 | Report Abuse

breaking 0.68....

Posted by sjou > 2013-12-30 22:06 | Report Abuse

one day 1 cent up, happy every day....hahaha....

Posted by miketyu > 2014-01-01 00:42 | Report Abuse

deal no news jor?

Posted by maxprofit > 2014-01-01 18:30 | Report Abuse

coming soon

Posted by Tessa Joseph > 2014-01-01 18:49 | Report Abuse

hmmm.. :)

Posted by thlim123 > 2014-01-02 01:39 | Report Abuse

I'm watching closely this stock... Got development in bukit jalil with Malton if not mistaken...

Posted by i3fan > 2014-01-02 08:44 | Report Abuse

waiting for special dividend from disposal of asset....

Posted by chean1984 > 2014-01-02 12:03 | Report Abuse

no movement. Boring.

Posted by i3fan > 2014-01-02 12:07 | Report Abuse

yup.... no movement....
hope it will move in the afternoon session....

Posted by i3i2i1 > 2014-01-02 14:03 | Report Abuse

got signal, buy in today!

Posted by i3i2i1 > 2014-01-02 14:15 | Report Abuse

q at 0.660

Posted by jacklintan > 2014-01-02 16:54 | Report Abuse

this is one reluctant company with no news

Posted by sephiroth > 2014-01-06 15:25 | Report Abuse

got vol ady

Posted by sjou > 2014-01-06 16:13 | Report Abuse

bus still waiting .....

Posted by sonnahar > 2014-01-07 09:06 | Report Abuse

Slowly but surely

Posted by chean1984 > 2014-01-09 16:46 | Report Abuse

no any announcement yet?

Posted by KIMI06 > 2014-01-09 16:53 | Report Abuse

if not mistake tomorrow will up...if break 0.68...wait n see