SALCON BHD

KLSE (MYR): SALCON (8567)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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 16 hours ago

Rose

436 posts

Posted by Rose > 2013-06-26 13:20 | Report Abuse

Tan Sri liew' son is on board the company which salcon jv with in iskandar

Rose

436 posts

Posted by Rose > 2013-06-26 13:27 | Report Abuse

That company is Eco-world development n the gdv is $1.2b n also salcon is being short listed for langat2 water project. If successful Salcon will be much desired.

JTFX

1,582 posts

Posted by JTFX > 2013-06-26 15:17 | Report Abuse

Sssiiizzzlliiinnggg...SP Setia Liew n family needs a new vehicle after he finish w SP Setia since sold to PNB..His son is the shareholder in Eco world.. Salcon is diversifying into property..thru ecoworld...

chia88

1,189 posts

Posted by chia88 > 2013-06-26 21:09 | Report Abuse

This counter is easily touch 0.70 - 1.00 buddy long term. Now is T+2........only. More action after that.

arv18

2,645 posts

Posted by arv18 > 2013-06-26 21:31 | Report Abuse

How lah. 0.70-1.00. Its already trading at PE 30 just based on rumours and speculation. In additions the market isn't looking so rosy. good luck

chia88

1,189 posts

Posted by chia88 > 2013-06-26 22:09 | Report Abuse

Bro Dow and Euro up 1%, will see tomo buddy.

messi

1,915 posts

Posted by messi > 2013-06-26 22:25 | Report Abuse

medium & long term investors can consider this stock.....lately news coming out one by one

JTFX

1,582 posts

Posted by JTFX > 2013-06-28 09:16 | Report Abuse

Grinding up.. slow n steady..

tedbeh

303 posts

Posted by tedbeh > 2013-06-28 09:18 | Report Abuse

suddenly a lot of buying interest, strange pattern for this stock, always move during friday, last friday up 0.10

tedbeh

303 posts

Posted by tedbeh > 2013-06-28 09:18 | Report Abuse

is it a co-incidence?

JTFX

1,582 posts

Posted by JTFX > 2013-06-28 09:34 | Report Abuse

no..recent news..fundamentals..diversifying into property devm..with SP Setia lIew's family..in Iskandar...

JTFX

1,582 posts

Posted by JTFX > 2013-06-28 09:59 | Report Abuse

Tdman, good point.. there r many investing methods..low PE, high divd ..good liquidity..blah blah..BUT there are others like identifying companies w good potential, relevant business segment, management/CEO track record?? my dua sen only..

messi

1,915 posts

Posted by messi > 2013-06-28 10:12 | Report Abuse

top 10 !!!

traderman

7,854 posts

Posted by traderman > 2013-06-28 10:24 | Report Abuse

but clearly salcon now is due to the big name sp setia ceo ... and people believe he can bring salcon into next level ...

traderman

7,854 posts

Posted by traderman > 2013-06-28 10:25 | Report Abuse

those big name is much more powerful then those fundamental data ... remember the infamous harvest ? najib son ...

JTFX

1,582 posts

Posted by JTFX > 2013-06-28 10:33 | Report Abuse

haha..names on my list..Liew ,Quek, Mokhzani,KT Lim,Bukhary,Ananda,Cheah, Tony,Razak..some UMNO datuks..

messi

1,915 posts

Posted by messi > 2013-06-28 12:19 | Report Abuse

tyre punctured....see how next session goes.

Posted by idemitsu > 2013-06-29 17:46 | Report Abuse

Market rumour , since SPsetia been take over by PND , so CEO form up new company called ECO WORLD , and may merge with SALCON. And cause volume and price both shoot up....

Grandma

259 posts

Posted by Grandma > 2013-06-29 17:53 | Report Abuse

Si boh. Grandma want to see also.

traderman

7,854 posts

Posted by traderman > 2013-06-29 23:19 | Report Abuse

I thought this is old news ?

messi

1,915 posts

Posted by messi > 2013-07-01 11:41 | Report Abuse

watch this counter...for medium term

JTFX

1,582 posts

Posted by JTFX > 2013-07-01 11:41 | Report Abuse

QueK...Quekkkk...

messi

1,915 posts

Posted by messi > 2013-07-01 11:42 | Report Abuse

spot on

messi

1,915 posts

Posted by messi > 2013-07-01 11:47 | Report Abuse

top 10 as at 11.50am....

traderman

7,854 posts

Posted by traderman > 2013-07-01 12:15 | Report Abuse

top 10 active volume means nothing.

messi

1,915 posts

Posted by messi > 2013-07-01 12:20 | Report Abuse

more ppl are trading.....

traderman

7,854 posts

Posted by traderman > 2013-07-01 12:48 | Report Abuse

means more ppl chasing blindly lol

messi

1,915 posts

Posted by messi > 2013-07-01 14:30 | Report Abuse

that's the nature of the game....only time will tell whether one is right or wrong.

Drachen

249 posts

Posted by Drachen > 2013-07-01 14:44 | Report Abuse

Charts looking good since MACD buy signal was triggered on Friday. Looks like buying spree has just started.

messi

1,915 posts

Posted by messi > 2013-07-01 14:50 | Report Abuse

traderman, take note of Drachen's TA analysis.... and get on the boat early

traderman

7,854 posts

Posted by traderman > 2013-07-01 15:24 | Report Abuse

haha dude, TA cannot pakai 1 lar ... salcon move up so far due to link with the sp setia ceo and and also water counters moving today ... without this 2 ... TA is nothing ...

messi

1,915 posts

Posted by messi > 2013-07-01 15:29 | Report Abuse

Daily average volume increase means more people showing interest in the stock. That's good right ? Or the major shareholders are dumping ???

Drachen

249 posts

Posted by Drachen > 2013-07-01 15:34 | Report Abuse

TA is just a guide to how people behave in the market. Indicators are just indicators. They do not predict prices. There is no sure-fire trading system. If it were so, every trader and investor would be billionaires. There wouldn't be any poor people.

messi

1,915 posts

Posted by messi > 2013-07-01 15:39 | Report Abuse

Thx Drachen, very well explained. traderman, pls take note.

traderman

7,854 posts

Posted by traderman > 2013-07-01 15:40 | Report Abuse

i earn much more after i ignore those technical terms like macd, rsi ... not to harsh but i really feel they are rubbish ... i only look at the candle stick to check whether the stock is up or down trend .. the price and the volume.

Drachen

249 posts

Posted by Drachen > 2013-07-01 15:45 | Report Abuse

Good for you. Those who buy on fundamentals don't have to look at any charts. Just do what our great friend kcchongnz does in analysing a company's financial worth: intrinsic value, cashflow, profit, ROE, ROI, PER, DIV. YIELD, etc., and hold on to the stocks for as long as you can until you think it's time to cash out and smell the cash.

rcdahmad

40 posts

Posted by rcdahmad > 2013-07-01 15:46 | Report Abuse

anyway... i think with all good news, salcon has attract a lot of investor and will perform in near future. hope will touch rm1.....

Drachen

249 posts

Posted by Drachen > 2013-07-01 15:47 | Report Abuse

messi, thanks. Am still learning.

messi

1,915 posts

Posted by messi > 2013-07-01 15:49 | Report Abuse

traderman, mind to share some stocks you looking at ? I am here also to make money just like you.

Drachen

249 posts

Posted by Drachen > 2013-07-02 09:29 | Report Abuse

RSI has just triggered the buy signal.

9696_88

173 posts

Posted by 9696_88 > 2013-07-02 11:26 | Report Abuse

how come salcon drop, washing player?

messi

1,915 posts

Posted by messi > 2013-07-02 11:35 | Report Abuse

medium term......fundamentally alright.....> 200 million contracts secured & divestment into property development in Selayang & Johore

JTFX

1,582 posts

Posted by JTFX > 2013-07-02 11:45 | Report Abuse

the catalyst n main draw here is SP Setia Liew n his son, Salcon's partner in Eco world ,Iskandar..Liew will make Eco into another SPSetia after he leaves ..

messi

1,915 posts

Posted by messi > 2013-07-02 12:23 | Report Abuse

JT, nice to hear that. Hope things turn out this way, then we can make some handsome gains.....but it will take a while for it to happen....patience

Posted by streamer555 > 2013-07-02 15:07 | Report Abuse

just sharing,salcon also now in talks to list their water assets in China

JTFX

1,582 posts

Posted by JTFX > 2013-07-02 15:18 | Report Abuse

accumulate whichever SP Setia Liew's vehicles n companies he will be putting his millions he got from PNB.Once the Ldn Battersea project is on a good footing, he will leave SP Setia n concentrate on his family's companies with his son..my dua sen..

Posted by Muhammad Arrif B Ahmad > 2013-07-02 15:50 | Report Abuse

Given the strong volume breakout and bottoming up in the daily technical indicators, share prices are likely to break its 52-week high of RM0.69 (24 June) and heading towards the next resistance at RM0.75 (61.8% FR). Formidable resistances are situated near RM0.80-0.86 (50% FR)

Posted by Muhammad Arrif B Ahmad > 2013-07-02 15:51 | Report Abuse

Support levels are RM0.63 (20-d SMA) and RM0.60 (10-w SMA).
Cut loss at RM0.59.

rocketjet

473 posts

Posted by rocketjet > 2013-07-03 11:45 | Report Abuse

Never ending BUY & SELL at 0.645.

Posted by Lim Ker Ming > 2013-07-03 11:55 | Report Abuse

why salcon -wa the price cannot up?

Post a Comment