I think some one has accumulated a lot of WA at 0.03 and pushing up the mother shares now to push up the WA, WA is now at 0.09, making at least 150-200% profit!
Quarterly rpt on consolidated results for the financial period ended 31/12/2013 Quarter: 4th Quarter Financial Year End: 31/12/2013 Report Status: Unaudited
Dividend Per Share (sen) 31/12/2013 -3 cts
As At End of Current Quarter As At Preceding Financial Year End 7 Net Assets Per Share (RM) 0.8400
I don't think the volume came because of special div. There was news last year that says Salcon want to be make its construction division the biggest revenue contributor. And Ecoworld is launching RM5b worth of project in May. Maybe Salcon could get a share of the RM5b by being main contractor?
comment only not buying: mengantuk tengok salcon turun bawah loh.. tak..aku tak beli..tengok saja... ada orang cakap gap up.. tapi bila wa tengok macam gap down jer wakakakaka ...
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chean1984
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Posted by chean1984 > 2014-02-26 11:20 | Report Abuse
if dividend is 5cents...then the yield would be 7% at current price :)