SALCON BHD

KLSE (MYR): SALCON (8567)

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Last Price

0.42

Today's Change

+0.005 (1.20%)

Day's Change

0.41 - 0.43

Trading Volume

4,507,900


9 people like this.

7,566 comment(s). Last comment by Richdady 1 day ago

Posted by fundtrader > 2014-04-24 10:33 | Report Abuse

Sephiroth. Why only fly after warrant expire?

John2000

168 posts

Posted by John2000 > 2014-04-24 15:00 | Report Abuse

where got fly oh part time speculators

Idiot

126 posts

Posted by Idiot > 2014-04-24 15:03 | Report Abuse

Anyway, new deadline for China deal 30/4, so may be after Warrant expired, they announced the deal, share fly, punters come out with $ to exercise warrants, compny RM75m richer, announced more deals........

sephiroth

14,122 posts

Posted by sephiroth > 2014-04-24 15:10 | Report Abuse

fundtrader, the top guys wanna kill off those warrant holders and don't want their stake to be diluted, most will not want to convert their warrants to mother share(except for the loaded), for example if u buy 1,000,000 warrants at 1 sen, will u want to convert the 1 mil warrants and pay RM750,000 unless u r super loaded

Yunnan

404 posts

Posted by Yunnan > 2014-04-24 16:31 | Report Abuse

Agreed. The directors have sold off the warrant. The Company will receive the funds soon from China sale and does not require the cash from conversion of warrants.

topaz

1,344 posts

Posted by topaz > 2014-04-24 16:53 | Report Abuse

seph..what's ur estimated TP for salcon in about 2 weeks time?

sephiroth

14,122 posts

Posted by sephiroth > 2014-04-24 16:55 | Report Abuse

topaz, if china deal comfirm end apri, tp 85-90, if extend again 78-80

topaz

1,344 posts

Posted by topaz > 2014-04-24 16:56 | Report Abuse

noted seph...many thanks :)

youlee

762 posts

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

I hope so, if directors don't sell their esos shares like no tomorrow!!

min35

134 posts

Posted by min35 > 2014-04-24 19:02 | Report Abuse

thanks alot Seph. Pls keep on updating us here. At least we know the news going on and not panic in case it flop down abit :)

Idiot

126 posts

Posted by Idiot > 2014-04-25 09:50 | Report Abuse

My guess, directors want the warrants exercised, so share price should go up, make sense for them to raise another RM75m so they have a larger fire power to do deals

Taka

2,018 posts

Posted by Taka > 2014-04-25 09:54 | Report Abuse

Warrant in the money. Can buy warranr to exercise mother share if you think share price will move up after warrant expire.

sephiroth

14,122 posts

Posted by sephiroth > 2014-04-25 10:05 | Report Abuse

nobody dare to buy wa , now 2 sen discout, super loaded one can buy loh

Taka

2,018 posts

Posted by Taka > 2014-04-25 10:18 | Report Abuse

For those intend to buy mother for holding a while, can buy warrant to exercise

Idiot

126 posts

Posted by Idiot > 2014-04-25 10:58 | Report Abuse

I think worth a bet as company will have net cash post China & Warrant of RM350m, these guys can hype things up

John2000

168 posts

Posted by John2000 > 2014-04-25 11:17 | Report Abuse

when the warrant expired?

Idiot

126 posts

Posted by Idiot > 2014-04-25 11:22 | Report Abuse

stop trading 29/4

Taka

2,018 posts

Posted by Taka > 2014-04-25 23:33 | Report Abuse

Good news that OCBC Limited is a new substantial share holder.

johnny cash

6,400 posts

Posted by johnny cash > 2014-04-26 17:22 |

Post removed.Why?

hepitrade

5,290 posts

Posted by hepitrade > 2014-04-28 12:32 | Report Abuse

Sephiroth how u see this salcon....? Tq

stteck

756 posts

Posted by stteck > 2014-04-29 09:31 | Report Abuse

no experience on warrants, but it looks simple though, just press down the mother price and never let warrant holder a chance to earn money.......

Posted by firestar23 > 2014-04-29 10:03 | Report Abuse

salcon still good?

JimYeoh

1,514 posts

Posted by JimYeoh > 2014-04-29 11:54 | Report Abuse

0.80

Taka

2,018 posts

Posted by Taka > 2014-04-29 19:51 | Report Abuse

Changes in Sub. S-hldr's Int. (29B) - Oversea-Chinese Banking Corporation Limited

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1609177

stteck

756 posts

Posted by stteck > 2014-04-30 12:13 | Report Abuse

is the extension of water assets disposal agreement agreement due today?

JimYeoh

1,514 posts

Posted by JimYeoh > 2014-04-30 13:00 | Report Abuse

maybe the announcement will be out after 5pm today.

nicholasnwh90

1,114 posts

Posted by nicholasnwh90 > 2014-04-30 13:07 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1553549
30 April 2014. Not sure if there will be an extension again. For few times already.

sephiroth

14,122 posts

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

if extend again, i sapu below 70

stteck

756 posts

Posted by stteck > 2014-04-30 15:07 | Report Abuse

Sephi, the price will go down below 70 cents? if so i rather dispose now and buy back later

sephiroth

14,122 posts

Posted by sephiroth > 2014-04-30 15:11 | Report Abuse

stteck, highly unlike, now that ocbc is substantial shareholder, they will support the price, maybe drop to 72-73

stteck

756 posts

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

warrant suspended already...........time for mother to perform in the late afternoon as usual :)

Taka

2,018 posts

Posted by Taka > 2014-04-30 17:49 | Report Abuse

Disposal of China Asset extended 60 days to 29 June.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1611065

Taka

2,018 posts

Posted by Taka > 2014-04-30 17:52 | Report Abuse

Warrant holders wishing to subscribe for new shares can buy from open market if stock price is below 75sen. Avoid dilution.

nicholasnwh90

1,114 posts

Posted by nicholasnwh90 > 2014-04-30 18:02 | Report Abuse

Waa extension again!

nicholasnwh90

1,114 posts

Posted by nicholasnwh90 > 2014-04-30 18:07 | Report Abuse

But Great Eastern and OCBC keep buying shares from the open market.

JimYeoh

1,514 posts

Posted by JimYeoh > 2014-05-02 09:33 | Report Abuse

Good one

sephiroth

14,122 posts

Posted by sephiroth > 2014-05-02 11:18 | Report Abuse

great eastern will support the share price

Taka

2,018 posts

Posted by Taka > 2014-05-02 12:06 | Report Abuse

Last day to convert warrant to mother share is 19 May,
From now until then, price will be controlled.
If Salcon needs money from the conversion, price should be maintained above 75sen.
Otherwise, to discourage conversion, price will not be above 75sen.

Taka

2,018 posts

Posted by Taka > 2014-05-02 14:57 | Report Abuse

Why convert warrant to mother share when it can be bought at a discount from open market ?

kingleecha

450 posts

Posted by kingleecha > 2014-05-02 19:45 | Report Abuse

If G. Eastern support the share price, then BNM will support the share price too..LOL

phyroxus

683 posts

Posted by phyroxus > 2014-05-02 20:42 | Report Abuse

price keep drop no support

Taka

2,018 posts

Posted by Taka > 2014-05-02 20:47 | Report Abuse

Most likely price will move up after 19 May which is the last day to convert warrant to mother.

gohcheehoh

578 posts

Posted by gohcheehoh > 2014-05-03 01:01 | Report Abuse

Better deliver a Gd result in jan-mar qtr, start generate billing on Ecoworld join dev project, get water project n unlock d value of china assets. Before I decided to dump you in end may. U got so many reason for me keep you for one more mth n don't disappoint me.

sephiroth

14,122 posts

Posted by sephiroth > 2014-05-05 14:51 | Report Abuse

need to hold til 19/5 to kill off the warrants, good for salcon shareholders in the long term

asriruslan

2,081 posts

Posted by asriruslan > 2014-05-05 15:11 | Report Abuse

start monitoring for buying

kt99

404 posts

Posted by kt99 > 2014-05-08 00:20 | Report Abuse

Zzzz

stteck

756 posts

Posted by stteck > 2014-05-08 02:16 | Report Abuse

About Volksbahn Technologies Sdn. Bhd.​

During a project engagement in 2012 it became evident that there is a serious void for an integrated strategy and integrated planning between the two traditional disciplines: development-construction and technology-services. Closing this gap was a strategic and operational necessity and the starting point of developing a specialised expertise in how to use technology and subsequent technology services for generating operational value add and new revenue streams in the public infrastructure space.

This advisory and implementation engagement was the starting point of VBT which lead to it's incorporation in March 2013. Since then VBT is helping operators and agencies of public infrastructure with their strategic agenda for technology, to optimize their operations and to create new income from non-core assets.

In May 2014 Salcon Berhad (Salcon) joined VBT as investor supporting VBT's growth in the area of Smart Urban Environment offerings.

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