Posted by tedbeh > 2014-03-13 09:37 | Report Abuse

don't think that it is related to any good news, I think is a play to off load the warrant which is going to be expired in May, trade cautiously

Posted by skpetro > 2014-03-13 20:11 | Report Abuse

Salcon may rally after the firmer close yesterday. Traders may opt to purchase the stock if it stays above MYR0.71 today, with a close below MYR0.695 as a stop-loss. The price target is MYR0.80, if the MYR0.75 resistance is broken. However, note that the stock could trend lower if it fails to stay above MYR0.71, while further support is at MYR0.63.

Posted by stncws > 2014-03-15 17:02 | Report Abuse

dividen declared 3cents...Monday 75cents

Posted by Jawahar Hassan > 2014-03-15 19:36 | Report Abuse

Old ammended news not new...price unlikely to go up unless new development abt hulu langat 2 or development abt sale of chinese assets.. maybe hovering around 0.69 till 0.71...

Posted by skpetro > 2014-03-16 17:02 | Report Abuse

when is dividend ex date?

Posted by shichini72 > 2014-03-16 20:41 | Report Abuse

"final div" amended to "special final div". does it mean there will be more div to be declared for final "final div"?

Posted by asriruslan > 2014-03-17 08:29 | Report Abuse

SALCON has been trading above its upward sloping 20-Day Moving Average which is a good sign. However the upward movement has encountered resistance at the level of 0.725. Traders should pay special attention to the price and volume behavior in order to determine whether this resistance level can be broken decisively for SALCON to resume its upward movement. The indicator analysis on RSI is not exhibiting any extreme condition. Watch out for the 30% and 70% levels which indicate any oversold and overbought condition respectively.

Posted by chean1984 > 2014-03-19 16:39 | Report Abuse

looks like no power d. will bck below 0.70 soon d.

Posted by TomJerry > 2014-03-19 19:05 | Report Abuse

Patients pls , coming soon on rebounds trend .....

Posted by stncws > 2014-03-19 21:19 | Report Abuse

finished

Posted by buff-head > 2014-03-20 21:57 | Report Abuse

suddenly up to 0.715 within few minutes ?? why??

Posted by brendonyeap > 2014-03-20 22:01 | Report Abuse

Got the Langat dam project

Posted by buff-head > 2014-03-20 22:36 | Report Abuse

anything to do with issue of ESOS?

Posted by Edmond Lau > 2014-03-21 07:53 | Report Abuse

Time to stock up!! Impact of langat 2 news shadowed by mh370, in near future salcon will grow..

Posted by tedbeh > 2014-03-21 09:08 | Report Abuse

i guess is again playing to gain from the WA, the WA is very cheap as it is near the expiry date now

Posted by 20718 > 2014-03-23 22:36 | Report Abuse

WA exercise price is 75 sen and it will become worthless if the mother share price is not above 75 sen on expiry date.The cash-flow from the exercise of WA is substantial to the Company. A very challenging stock to watch.

Posted by tedbeh > 2014-03-25 08:55 | Report Abuse

Trade with caution. Because the company doesn't need the RM78mil any more as they have plenty of cash after the sales of the water asset. Moreover, the majority shareholders sold a chunk of warrant at the price of 0.24-0.27 in December last year just before they announced the deal. They may just let the warrant expire, because they new shares, if converted, will dilute their share holdings.

Posted by tedbeh > 2014-03-25 09:14 | Report Abuse

if i'm the major shareholders, I will press the share price so that no one will exercise the warrant in may

Posted by TomJerry > 2014-03-25 18:45 | Report Abuse

Tedbeh , not really ...... i think their before expired , will push up to above exercise prices .

Posted by chean1984 > 2014-03-25 21:18 | Report Abuse

tomjerry, if that were the case, mother need to be start moving already
If salcon did not get the langat2 project, I m afraid it will be hard for mother to move upward.

Posted by TomJerry > 2014-03-25 22:19 | Report Abuse

at this few weeks , the prices still can sustain inbetween the range 0.705 to 0.72 ..... is good sign already . so , it will be on the upward trend ..... cheers .....

Posted by asriruslan > 2014-03-26 07:54 | Report Abuse

SALCON has been trading above its upward sloping 20-Day Moving Average which is a good sign. However the upward movement has encountered resistance at the level of 0.725. Traders should pay special attention to the price and volume behavior in order to determine whether this resistance level can be broken decisively for SALCON to resume its upward movement. The indicator analysis on RSI is not exhibiting any extreme condition. Watch out for the 30% and 70% levels which indicate any oversold and overbought condition respectively.

Posted by OptimusX8 > 2014-03-26 07:55 | Report Abuse

Lousy counter..

Posted by chineooi > 2014-03-26 12:25 | Report Abuse

Not lousy counter. Better stock up now before it is too late and regret later

Posted by chineooi > 2014-03-26 12:26 | Report Abuse

If the mother shoot up above Rm1.. then the warrant will be moving as well. Exercise of the warrant share to mother share is 0.75

Posted by chean1984 > 2014-03-26 13:02 | Report Abuse

This counter is too speculative.

Posted by chean1984 > 2014-03-26 14:57 | Report Abuse

Pure goreng again now?

Posted by tedbeh > 2014-03-26 15:17 | Report Abuse

Dare not follow, too unpredictable

Posted by chineooi > 2014-03-26 15:47 | Report Abuse

Hahahaha... Lai liao.... moving up up up

Posted by chean1984 > 2014-03-26 17:04 | Report Abuse

Salcon always one day show then the next day drop bck to the previous point. Hopefully, tomorrow thing change :)

Posted by buff-head > 2014-03-27 09:24 | Report Abuse

looks like today is up also

Posted by stteck > 2014-03-27 09:24 | Report Abuse

should be breaking the resistance now.....

Posted by chean1984 > 2014-03-27 09:24 | Report Abuse

0.76 now

Posted by buff-head > 2014-03-27 09:25 | Report Abuse

why ah? Langat 2?

Posted by sephiroth > 2014-03-27 09:27 | Report Abuse

huat ah...touch 76 bullish liau

Posted by tch1006 > 2014-03-27 09:27 | Report Abuse

one more wave

Posted by sephiroth > 2014-03-27 09:29 | Report Abuse

if warrants become worthless (in 1 month time), many warrant holders like directors will suffer, co got to take care of their big shot

Posted by tch1006 > 2014-03-27 09:29 | Report Abuse

the volume look promising for another wave, just whipsawing now. Hold on

Posted by cloudcloudyap > 2014-03-27 09:31 | Report Abuse

wow wow,lai liao..

Posted by stteck > 2014-03-27 09:32 | Report Abuse

just away from seconds.....11000 lots @ .76 gone....

Posted by iWarrants > 2014-03-27 09:41 | Report Abuse

yea seph, agree hehe, now mini pull back, then chiong ah!

Posted by chineooi > 2014-03-27 09:45 | Report Abuse

Folks.. this time real... hurry stock up...

Posted by sephiroth > 2014-03-27 09:47 | Report Abuse

volume 10m liau

Posted by iWarrants > 2014-03-27 09:51 | Report Abuse

tp seph?

Posted by chean1984 > 2014-03-27 09:51 | Report Abuse

can test 80cent tday?

Posted by sephiroth > 2014-03-27 09:52 | Report Abuse

if can break 77, tp 80 no prob

Posted by iWarrants > 2014-03-27 09:52 | Report Abuse

very possible, 0.76 touched and passing, very bullish

Posted by sephiroth > 2014-03-27 09:54 | Report Abuse

if disposal of china assets complete end april assuming no extension again, tp 0.90

Posted by WVB 68 > 2014-03-27 09:59 | Report Abuse

wht price cabut

Posted by chean1984 > 2014-03-27 09:59 | Report Abuse

by then I think its warrant can hit even hit 0.15 above if TP exceed 0.90