Posted by sephiroth > 2014-03-27 10:39 | Report Abuse

Salcon may scale higher after closing the highest in more than three weeks. Traders may opt to purchase the stock if it stays above MYR0.725 today, with a close below MYR0.70 as a stop-loss. If the MYR0.755 resistance is broken, the price target would be MYR0.80. Note that the stock could trend sideways if it fails to stay above MYR0.725, while support is at MYR0.70.

Source: RHB

Posted by fortunebullz > 2014-03-27 10:41 | Report Abuse

Low volume but successfully taken old high! Sky is the limit but not above 35,000 feet!

Posted by phyroxus > 2014-03-27 10:42 | Report Abuse

no energy up oledi...

Posted by chean1984 > 2014-03-27 11:28 | Report Abuse

need to break 0.76

Posted by tedbeh > 2014-03-27 14:57 | Report Abuse

the total shares of warrant is 104,910,701 Current Salcon's total share is 612,913,152. Assuming full conversation of the warrant after 17-May-2014, am I right that the total share will become 717,823,853 which is about 15% more. In this case, if the current price is 0.75, will it be possible that the price will be adjusted to 0.64? Anyone can help to advise? Thanks

Posted by sephiroth > 2014-03-27 15:47 | Report Abuse

another fake show

Posted by tch1006 > 2014-03-27 16:36 | Report Abuse

as long the closing stay above 0.745, there is still chances tomorrow

Posted by chean1984 > 2014-03-27 16:41 | Report Abuse

salcon warrant many throwing at 0.055

Posted by Edmond Lau > 2014-03-27 19:15 | Report Abuse

Held on higher, exciting day tmr

Posted by connie > 2014-03-27 20:17 | Report Abuse

:D :D

Posted by Yunnan > 2014-03-27 23:19 | Report Abuse

Warrant going to expire in May 2014 and the exercise price is 75 sen which means that the warrant holder will have to fork out 75 sen to subscribe for each share. Unless the mother share close above 75 sen, the warrant will be worthless.

Posted by TomJerry > 2014-03-27 23:52 | Report Abuse

In share market anything can happen , maybe warrant before expired the price can hit 0.10 and mother shares above 0.80 ........

Posted by chean1984 > 2014-03-28 09:10 | Report Abuse

today momentum slow down already

Posted by Edmond Lau > 2014-03-28 09:28 | Report Abuse

Market just open 10 min hahaha

Posted by chineooi > 2014-03-28 11:32 | Report Abuse

strong support/ resistance at 0.75

Posted by johotin88 > 2014-03-28 12:06 | Report Abuse

Tak mau goreng ke ?

Posted by Win_ling > 2014-03-28 15:24 | Report Abuse

Seem like going down d

Posted by Edmond Lau > 2014-03-28 17:46 | Report Abuse

Up for second day. Up slowly but surely good support at 0.74

Posted by chean1984 > 2014-03-28 18:05 | Report Abuse

at last minute they pushed up the price again

Posted by shichini72 > 2014-03-28 19:48 | Report Abuse

sorry im a newbie in stock market, i would like to ask, for this salcon is it possible that after the "special" final div announcement, will there be another "final" final div announcement on the way?

Posted by TomJerry > 2014-03-28 20:16 | Report Abuse

Should be declare another Fin Div ......

Posted by Edmond Lau > 2014-04-01 08:06 | Report Abuse

Buy buy buy

Posted by tedbeh > 2014-04-01 10:27 | Report Abuse

Any idea whether the Selling off of the Water Assets in China completed? If I remembered correctly, the Chinese has asked for extension. They are selling to Beijing Government owned company, don't know whether with all the negative impact of MH370, the buyer will make more stringent check on the due diligence?

Posted by tedbeh > 2014-04-01 10:28 | Report Abuse

Am told that the MH370 has affected the confidence of Chinese to Malaysian, apparently a lot of sales cancellation in Iskandar Johor and affecting developers like Mahsing

Posted by weixing1 > 2014-04-01 13:52 | Report Abuse

Watch out, its coming...

Posted by stteck > 2014-04-01 14:16 | Report Abuse

tedbeh, where did you hear from? appreciate your sharing

Posted by weixing1 > 2014-04-01 14:52 | Report Abuse

last chance to grap at .745

Posted by sephiroth > 2014-04-01 15:23 | Report Abuse

0.755 liau

Posted by sephiroth > 2014-04-01 15:36 | Report Abuse

must break 76 to fly

Posted by chean1984 > 2014-04-01 15:42 | Report Abuse

if the price continue to remain at 0.745 - 0.755 for next week days, very soon it can break 0.76 and up further.

Posted by bobo > 2014-04-01 16:21 | Report Abuse

tmr sure break 0.76...

Posted by tedbeh > 2014-04-01 16:29 | Report Abuse

Hi stteck, it was just my guessing... On Chinese buyers withdrawing from iskandar, I heard from friends in property sector

Posted by tedbeh > 2014-04-01 18:06 | Report Abuse

Pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the following Principal Officer of Salcon has given notice of his dealing in the securities of Salcon as set out below:-

Name of Principal Officer Type of Securities Date of Transaction Type of Transaction Number of shares transacted Price per share Percentage (%)
Law Woo Hock Ordinary shares of RM0.50 each 27.03.2014 Disposal of shares 80,000 0.748 0.013
Law Woo Hock Ordinary shares of RM0.50 each 28.03.2014 Disposal of shares 50,000 0.750 0.008

Posted by tedbeh > 2014-04-01 18:07 | Report Abuse

The CFO disposed 130 lots with average price of 0.75, please trade with care

Posted by wiki123 > 2014-04-01 20:49 | Report Abuse

Taiko, 130 lots is very small. Sometimes when the stock is rising and if its tightly held, big shareholder need to release some lots for syndicate to pick up and goreng. This 2 months do or die, they will maintain stock above 0.75.

Posted by chean1984 > 2014-04-02 01:13 | Report Abuse

guys, just wonder whether are there any director still holding its warrant?

Posted by tedbeh > 2014-04-02 09:12 | Report Abuse

Pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the following Directors of Salcon have given notice of their dealing in the securities of Salcon as set out below:-

Name of Director
Date of Disposal
Number of Warrants Disposed
Price Per Warrant
Percentage (%)

Dato' Leong Kok Wah
13.09.2013
16,704,800(1)
RM0.248
15.92

Dato' Seri (Dr.) Goh Eng Toon 13.09.2013
16,704,800(2)
RM0.248
15.92

Posted by tedbeh > 2014-04-02 09:12 | Report Abuse

This was last year, no idea how much they have left with them now

Posted by sephiroth > 2014-04-02 09:13 | Report Abuse

just started trading 12 min, already 13.3m shares traded

Posted by chean1984 > 2014-04-02 09:19 | Report Abuse

thanks tedbeh

Posted by stteck > 2014-04-02 09:20 | Report Abuse

Congrats and hope all of us make beautiful profits from this counter.

Posted by tedbeh > 2014-04-02 09:21 | Report Abuse

I just checked their 2012 annual report from their website, the majority shareholders already sold all their warrants in Sep 2013

Posted by tedbeh > 2014-04-02 09:21 | Report Abuse

this is the reason I just watch this counter for analysis purposes, not for trading

Posted by sephiroth > 2014-04-02 09:26 | Report Abuse

u turn liau, haiz

Posted by phyroxus > 2014-04-02 09:30 | Report Abuse

false breakout

Posted by WVB 68 > 2014-04-02 09:31 | Report Abuse

they play salcon volume to cheat new bird buy warrant.

Posted by chean1984 > 2014-04-02 09:33 | Report Abuse

director disposed their share i think

Posted by phyroxus > 2014-04-02 10:38 | Report Abuse

sell sell sell

Posted by WVB 68 > 2014-04-02 10:50 | Report Abuse

Uptrend counter , not easy u turn and drop like MH370

Posted by phyroxus > 2014-04-02 11:25 | Report Abuse

unless today got breakout then yesterday price, else will drop to a support line.