Posted by Joel > 2014-06-04 21:41 | Report Abuse

http://biz.sinchew.com.my/node/96299

Posted by katek > 2014-06-05 09:07 | Report Abuse

goo goo ...... 0.90 sen

Posted by John2000 > 2014-06-05 09:23 | Report Abuse

selling spread

Posted by Alfred Aun > 2014-06-05 10:33 | Report Abuse

many good news for the company was published in the newspapers today but why still got big sell volumn this morning?

Posted by stteck > 2014-06-05 10:42 | Report Abuse

SALCON - NOTICE OF BOOK CLOSURE
SALCON BERHAD

LISTING'S CIRCULAR NO. L/Q : 70784 OF 2014


First and Special Final Single Tier Dividend of 3.0 Sen per Ordinary Share of RM0.50 each.

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 21 July 2014 ]

2) The last date of lodgement : [ 23 July 2014 ]

3) Date Payable : [ 8 August 2014 ]


Announcement Info
Company Name SALCON BERHAD
Stock Name SALCON
Date Announced 5 Jun 2014
Category Listing Circular
Reference No RN-140604-45859

Posted by shawn1027 > 2014-06-05 11:36 | Report Abuse

wow..got divided. that's good deal. can i ask ask if i hold 12000 shares , How much money i can get?

Posted by dailyblessings > 2014-06-05 13:13 | Report Abuse

shawn, only rm360. you should increase buying bcos @ 84/845 still earn more than 3% return by less than 2mths only...quite fast......Huat huat arrr!!!

Posted by bovun2014 > 2014-06-05 14:13 | Report Abuse

this counter is 0.50 par value. only rm15 given. 1.8% only

Posted by bovun2014 > 2014-06-05 14:16 | Report Abuse

sorry, im wrong, mentioned 3cents given. so rm30 given. with current price, u still can have 3.5% interest

Posted by Taka > 2014-06-05 14:26 | Report Abuse

Better than FD rate.

Posted by sephiroth > 2014-06-05 14:35 | Report Abuse

extract from 2013 Annual Report

Unlocking value of China Assets

The disposal of concessions under SPA–A involving Salcon Darco Environmental Pte. Ltd. and Salcon Jiangsu (HK) Limited were deemed completed on 23 December 2013. The Group has received a total of RMB 309.2 million (approximately RM 167.2 million) from BEWGL. The disposal of the other four companies ie Salcon Fujian (HK) Ltd, Salcon Zhejiang (HK) Ltd,Salcon Linyi (HK) Ltd and Salcon Shandong (HK) Ltd under SPA-B is expected to be completed on 29 June 2014.


Upon full completion, the disposal of the Chinese water assets bring to the Group total cash of RM271.8 million (net of liabilities) and resulted in a disposal gain of RM78.0 million and at the same time improved its earnings per share from 2.21 sen to 15.2 sen and net assets per share from 80 sen to 95 sen.

Posted by Taka > 2014-06-05 14:59 | Report Abuse

Your tp of 90sen is very near.

Posted by sephiroth > 2014-06-05 15:35 | Report Abuse

taka, 90 sen no longer valid as after the completion of china deal, net cash will be 57 sen per share, now min tp 1.00

Posted by Taka > 2014-06-05 15:46 | Report Abuse

sephiroth, great to hear that. I am holding tight tight. Thx for update.

Posted by Taka > 2014-06-05 15:58 | Report Abuse

0.875 done. Nothing's gonna stop us now.

Posted by katek > 2014-06-05 16:10 | Report Abuse

yezzzzz...2day or 2morow...0.90....but dont greddy...take profit duluuu...

Posted by dragonlim > 2014-06-05 17:00 | Report Abuse

Sepiroth, could u advise that how did u get the 57 sen/share & TP RM1.00 ?

Posted by sephiroth > 2014-06-05 17:07 | Report Abuse

dragonlim, 57 sen cash or 400m from cimb rpt yesterday, 1.00 is my tp , ex-cash salcon biz is till worth more than 40 sen i guess

Posted by shawn1027 > 2014-06-05 17:18 | Report Abuse

dailyblessings thank for advise....bought more 10000 shares @ 0.86

Posted by stteck > 2014-06-05 17:52 | Report Abuse

When contacted, Salcon’s executive director Datuk Eddy Leong Kok Wah (pic) said via email that its current orderbook could last the company for some three years.

He added that the success rate of converting bids in its tenderbook into its orderbook was estimated at 25% to 30%.

On how the company would use its cash, Leong said: “We will be investing in the future growth of the company through businesses which are able to generate sustainable long-term returns. We will target businesses that will generate attractive returns.”

Salcon recently declared a first and final dividend of three sen per share, giving it a yield of 3.6%.

As for other potential mergers and acquisitions or partnerships in the property sector, he said Salcon was constantly on the lookout for partnerships in the property sector as reflected in its existing venture with Eco World Development Group Bhd.

http://www.thestar.com.my/Business/Business-News/2014/06/05/Salcon-hits-oneyear-high-This-follows-issuance-of-CIMBs-nonrated-report/

Posted by dailyblessings > 2014-06-05 18:27 | Report Abuse

shawn,tomolo when surge @ 89/90 can take profit leow.Mayb can also keep some to get 3cts dividend....Huat arrr!!!

Posted by shawn1027 > 2014-06-05 18:34 | Report Abuse

Dailyblessings Huat arr....my tp Rm1.00

Posted by long88 > 2014-06-06 09:03 | Report Abuse

SALCON - NOTICE OF BOOK CLOSURE
SALCON BERHAD

LISTING'S CIRCULAR NO. L/Q : 70784 OF 2014


First and Special Final Single Tier Dividend of 3.0 Sen per Ordinary Share of RM0.50 each.

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 21 July 2014 ]

2) The last date of lodgement : [ 23 July 2014 ]

3) Date Payable : [ 8 August 2014 ]


Announcement Info
Company Name SALCON BERHAD
Stock Name SALCON
Date Announced 5 Jun 2014
Category Listing Circular
Reference No RN-140604-45859

Posted by long88 > 2014-06-06 09:04 | Report Abuse

BUY BUY BUY!!!

Posted by Rustam Rst > 2014-06-06 09:24 | Report Abuse

buy buy buy

Posted by sephiroth > 2014-06-06 09:54 | Report Abuse

Highlights / Stock Picks of the Day - Salcon Bhd (SALCON) – Not Rated
Author: kiasutrader | Publish date: Fri, 6 Jun 09:43

SALCON is back on traders’ radar following a research house recommendation which suggests that the stock is deeply undervalued. Yesterday, SALCON rose 4 sen (+4.8%) to settle at RM0.87 supported by strong trading volume. Technical outlook is bullish, following a decisive breakout from the strong trend line resistance level of RM0.84. RSI (14) indicator hooked upwards to show that the stock’s relative strength is developing. From here, we expect SALCON to retest the next resistance level at RM1.00. Traders are advised to take profit 3 bids below this level at RM0.97, while employing a strict stop-loss at RM0.81.

Source: Kenanga

Posted by sephiroth > 2014-06-06 11:16 | Report Abuse

after 3pm will turn green

Posted by dragonlim > 2014-06-06 14:21 | Report Abuse

Thanks, Sepiroth. Just saw your replied.

Posted by how12345 > 2014-06-07 01:59 | Report Abuse

Can still enter ?

Posted by invester > 2014-06-07 14:43 | Report Abuse

The dividend announced is 0.03 cents. Based on current price (0.87), you will get a return of around 3.4%. Actually the dividend is not the attractive part for this counter. I think most of the people are waiting for the special dividend to announce (latest news end of this month) with the disposed of China asset.

Posted by dailyblessings > 2014-06-07 14:58 | Report Abuse

good value,good stock n good buy....Huat arrr!!!

Posted by speakup > 2014-06-07 17:28 | Report Abuse

This counter is making a lot of uncles & aunties rich. Every uncle & aunty already in Salcon

Posted by dusti > 2014-06-09 09:32 | Report Abuse

So quiet, then suddenly the drums start beating, people smiling. CIMB's analyst Sharizan Rosely sees a value of 112sen.Read also today's Starbiz then make right decision and then join the groups of smiling people. Good luck! Cheers!

Posted by sephiroth > 2014-06-09 10:09 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2014/06/09/Salcon-explains-diversification/

Posted by stteck > 2014-06-09 10:13 | Report Abuse

blocking at 0.865, wait for afternoon?

Posted by Rustam Rst > 2014-06-09 11:07 | Report Abuse

yes yes yess no way down. the only way is up up up..

Posted by chean1984 > 2014-06-09 16:19 | Report Abuse

went down so fast

Posted by dragonlim > 2014-06-09 17:00 | Report Abuse

Will it be going up or down by tomorrow?

Posted by 8u29song > 2014-06-09 17:01 | Report Abuse

tonight sembahyang kuat kuat !!!

Posted by anthonykok > 2014-06-09 17:02 | Report Abuse

any negative news?

Posted by dailyblessings > 2014-06-09 17:49 | Report Abuse

anthony,good news now price cooling off...after strong uptrend from 79 to 885ct. tomolo can start buying 83/84 cts.....remember 3 cts dividend? Huat arrr!!!

Posted by anthonykok > 2014-06-09 17:52 | Report Abuse

nice

Posted by jacklintan > 2014-06-09 23:57 | Report Abuse

@dailyblessings: your prediction very KENG hor!

Posted by minahkarant > 2014-06-10 07:30 | Report Abuse

Water to Fiber Optics ? You cannot be serious.

Posted by sheep > 2014-06-10 09:16 | Report Abuse

yup too high. shud be going down. sell on news....HL TP 0.76 - 0.79 only.

Posted by crawler > 2014-06-10 12:34 | Report Abuse

this stock will hit all time high again with water stock on the move..watch out

Posted by dragonlim > 2014-06-10 13:59 | Report Abuse

RHB gave a TP 90 cts. which has not yet reached ....

Posted by crawler > 2014-06-10 14:40 | Report Abuse

90c is nothing..you shall see it pass RM1

Posted by dragonlim > 2014-06-10 15:00 | Report Abuse

I would like to see RM1 as well but currently is at 0.845, would like to see it breach 0.90 1st :)

Posted by crawler > 2014-06-10 15:14 | Report Abuse

just watch then