SALCON BHD

KLSE (MYR): SALCON (8567)

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Last Price

0.425

Today's Change

+0.01 (2.41%)

Day's Change

0.41 - 0.43

Trading Volume

4,641,000


9 people like this.

7,567 comment(s). Last comment by sunnyspoon 23 minutes ago

sheep

3,844 posts

Posted by sheep > 2014-04-17 14:50 | Report Abuse

buy back at 0.80 and below.......

sheep

3,844 posts

Posted by sheep > 2014-04-17 14:51 | Report Abuse

towkay pushing up to sell the warrants...beware

dg123

72 posts

Posted by dg123 > 2014-04-17 14:53 | Report Abuse

got a phone call, TP 1.05. still 20% upside from here.

slampdung

46 posts

Posted by slampdung > 2014-04-17 15:02 | Report Abuse

Lol

chean1984

470 posts

Posted by chean1984 > 2014-04-17 15:07 | Report Abuse

Bye Salcon. Set sail

stteck

756 posts

Posted by stteck > 2014-04-17 15:08 | Report Abuse

willing to wait....

sheep

3,844 posts

Posted by sheep > 2014-04-17 15:12 | Report Abuse

After 16th may, >100 millions warrants will be converted to mother shares at 0.75 per piece. Dilution of share price. that's why i am selling on strength.

fortunebullz

2,000 posts

Posted by fortunebullz > 2014-04-17 15:13 | Report Abuse

Told you guys to buy Azrb instead of Salcon!

tedbeh

303 posts

Posted by tedbeh > 2014-04-17 15:17 | Report Abuse

I'm worried about the 17 May dilution of share price as well, that's why dare not chase

tedbeh

303 posts

Posted by tedbeh > 2014-04-17 15:17 | Report Abuse

moreover, the contract award price of RM993 mil is low

tedbeh

303 posts

Posted by tedbeh > 2014-04-17 15:21 | Report Abuse

And all Salcon directors had sold their warrants already, they definitely don't want to dilute their shares

iafx

4,632 posts

Posted by iafx > 2014-04-17 15:22 | Report Abuse

salcon did it again... aiyoyo :D

Madam YaSer

6,888 posts

Posted by Madam YaSer > 2014-04-17 15:22 | Report Abuse

aiseyman janji boleh buat duit, buat apa nak kisah pasal director, we are here to make money hehehe

sephiroth

14,122 posts

Posted by sephiroth > 2014-04-17 15:26 | Report Abuse

tambah 79/79.5

chean1984

470 posts

Posted by chean1984 > 2014-04-17 15:26 | Report Abuse

later buy back when it cool down.

fortunebullz

2,000 posts

Posted by fortunebullz > 2014-04-17 15:27 | Report Abuse

Probable some Ijm-gamuda supporters not happy and dump their Salcon shares!

Madam YaSer

6,888 posts

Posted by Madam YaSer > 2014-04-17 15:27 | Report Abuse

seph Salcon boleh!!!!

sephiroth

14,122 posts

Posted by sephiroth > 2014-04-17 15:27 | Report Abuse

already sold at 84.5/85, reenter 79/79.5, see how maybe tambah lagi at 75

sephiroth

14,122 posts

Posted by sephiroth > 2014-04-17 15:28 | Report Abuse

ys, sudah sell on news, wait for the price to stabilize

sheep

3,844 posts

Posted by sheep > 2014-04-17 15:29 | Report Abuse

rock n row. let's ee how low you can go... can buy and keep for medium term.... should be having more news and spin off subsidiary/collateral contracts

xeposx

7 posts

Posted by xeposx > 2014-04-17 15:30 | Report Abuse

kk123 You're damn right! Those accumulating days earlier having a good day today.

keshminder

215 posts

Posted by keshminder > 2014-04-17 15:31 | Report Abuse

shit la didnt sell. damnnit. when will i learn

sephiroth

14,122 posts

Posted by sephiroth > 2014-04-17 15:31 | Report Abuse

wanna kill off the warrant holders to avoid dilution

sheep

3,844 posts

Posted by sheep > 2014-04-17 15:33 | Report Abuse

waiting to buy at 0.75..

sephiroth

14,122 posts

Posted by sephiroth > 2014-04-17 15:34 | Report Abuse

will bounce back once those chickens cabut, still have 3 sen special dividend buffer

jsjy123

543 posts

Posted by jsjy123 > 2014-04-17 15:40 | Report Abuse

Successfully secured Langat2 contract, price should GO UP HIGH today!

Bobby31

585 posts

Posted by Bobby31 > 2014-04-17 15:52 | Report Abuse

OTHERS PROPOSED DEVELOPMENT OF LANGAT 2 WATER TREATMENT PLANT AND WATER RETICULATION SYSTEM IN SELANGOR DARUL EHSAN/WILAYAH PERSEKUTUAN KUALA LUMPUR (LANGAT 2 WTP AND WATER RETICULATION – PHASE 1) PACKAGE 2A – CONSTRUCTION AND COMPLETION OF 1130 MLD LANGAT 2 WATER TREATMENT PLANT.

SALCON BERHAD

Type Announcement
Subject OTHERS
Description PROPOSED DEVELOPMENT OF LANGAT 2 WATER TREATMENT PLANT AND WATER RETICULATION SYSTEM IN SELANGOR DARUL EHSAN/WILAYAH PERSEKUTUAN KUALA LUMPUR (LANGAT 2 WTP AND WATER RETICULATION – PHASE 1)

PACKAGE 2A – CONSTRUCTION AND COMPLETION OF 1130 MLD LANGAT 2 WATER TREATMENT PLANT.

Salcon Berhad ("Salcon" or "the Company") is pleased to announce that SALCON MMCB AZSB JV SDN BHD, a jointly controlled entity of Salcon Engineering Berhad, a wholly-owned subsidiary of Salcon (36%), MMC Corporation Berhad (34%) and Ahmad Zaki Sdn Bhd (30%), a wholly-owned subsidiary of Ahmad Zaki Resources Berhad, had received the Letter of Acceptance dated 16 April 2014 issued by Pengurusan Aset Air Berhad for the following project:-
Project Duration Contract Sum Date of Acceptance
Proposed Development of Langat 2 Water Treatment Plant and Water Reticulation System in Selangor Darul Ehsan/Wilayah Persekutuan Kuala Lumpur (Langat 2 WTP and Water Reticulation - Phase 1)

Package 2A - Construction and Completion of 1130 MLD Langat 2 Water Treatment Plant.

Thirty-Six (36) months RM993,888,000.00 17 April 2014



(hereinafter referred as "the Project")
The Project is expected to contribute positively towards the earnings and net assets of Salcon Group for the financial years ending 31 December 2014, 31 December 2015, 31 December 2016 and 31 December 2017.

Salcon do not foresee any exceptional risks other than execution risks associated with the Project.

The Project will not have any effect on the share capital and substantial shareholders' shareholding of the Company.

None of the directors and/or major shareholders of the Company, or persons connected with them have any interest, direct or indirect, in the Project.

min35

134 posts

Posted by min35 > 2014-04-17 15:53 | Report Abuse

jsjy123 the price still low la? miss to sell out yesterday huhu

sheep

3,844 posts

Posted by sheep > 2014-04-17 15:57 | Report Abuse

then mah wait for dividend lo. expect ex date for dividend to be before May 16. If after 16th, then warrant holders converting to mother also gain. Management sure ken hentam kaw-kaw.

tedbeh

303 posts

Posted by tedbeh > 2014-04-17 16:00 | Report Abuse

Any idea when is the ex date? for dividen

Mark T Bird

1,444 posts

Posted by Mark T Bird > 2014-04-17 16:04 | Report Abuse

Salcon has a 36% stake in the JV, MMC 34% and AZRB 30%.

kk123

1,964 posts

Posted by kk123 > 2014-04-17 16:13 | Report Abuse

Typical amateur will buy on news
The insider will always sell on news

jsjy123

543 posts

Posted by jsjy123 > 2014-04-17 16:24 | Report Abuse

not so nice lah got contract announcement, but is in "red", at least breaeven closed at 0.83 today la.

Taka

2,018 posts

Posted by Taka > 2014-04-17 16:34 | Report Abuse

Flushing out contra player before upward momentum again.

fortunebullz

2,000 posts

Posted by fortunebullz > 2014-04-17 16:41 | Report Abuse

Wow! Below 80 cents! Better grab some for fun!

IVAN2222

2,094 posts

Posted by IVAN2222 > 2014-04-17 16:47 | Report Abuse

hi fortunebullz...how about jetson (0.675)?

kk123

1,964 posts

Posted by kk123 > 2014-04-17 19:00 | Report Abuse

Note it's SAL - "CON"..
What does CON means to you ? :)

steady

649 posts

Posted by steady > 2014-04-17 19:22 | Report Abuse

tomorrow may continue to drop further, because sell on news.

jsjy123

543 posts

Posted by jsjy123 > 2014-04-17 19:39 | Report Abuse

i have faith that tomorrow it will go up high!

skyhawk

4,453 posts

Posted by skyhawk > 2014-04-17 20:02 | Report Abuse

for fast moneyyyy...grab some b4 it slip away fast :)

connie

37,592 posts

Posted by connie > 2014-04-17 20:43 | Report Abuse

:D :D

johotin88

385 posts

Posted by johotin88 > 2014-04-17 21:01 | Report Abuse

This one really like roller coaster .

jsjy123

543 posts

Posted by jsjy123 > 2014-04-17 21:17 | Report Abuse

New contract secured sure will go UP!

phyroxus

683 posts

Posted by phyroxus > 2014-04-17 21:37 | Report Abuse

why this stock get langat project still drop even more... :S

optimusprime

1,149 posts

Posted by optimusprime > 2014-04-17 21:39 | Report Abuse

again. a sifu has taken many to holland by shouting buy yesterday at 84.5cent lunch time.

MC88

642 posts

Posted by MC88 > 2014-04-17 21:56 | Report Abuse

Hahaha. Holla.

sheep

3,844 posts

Posted by sheep > 2014-04-17 22:06 | Report Abuse

hopefully can collect some at 0.75

jsjy123

543 posts

Posted by jsjy123 > 2014-04-17 23:32 | Report Abuse

tomorrow will UP back to 0.85!

bracoli

2,579 posts

Posted by bracoli > 2014-04-17 23:36 | Report Abuse

Optimus mind to know whos that sifu?

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