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

3,604,000


9 people like this.

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

kt99

404 posts

Posted by kt99 > 2014-06-23 18:22 | Report Abuse

new target price?

shjane

85 posts

Posted by shjane > 2014-06-23 19:29 | Report Abuse

Tp-1.5

sasopi87

641 posts

Posted by sasopi87 > 2014-06-23 21:03 | Report Abuse

shareholders keep buying shares..........

chean1984

470 posts

Posted by chean1984 > 2014-06-24 09:43 | Report Abuse

I buang all at 0.98 yesterday.
Ya, sephiroth I missed out Seal. Didn't expect it to go that far :(

Wow123

1,971 posts

Posted by Wow123 > 2014-06-24 09:45 | Report Abuse

Will be built up soon

sephiroth

14,122 posts

Posted by sephiroth > 2014-06-24 09:50 | Report Abuse

chean, u throw too early, will break 1.00 again in the afternoon

Wow123

1,971 posts

Posted by Wow123 > 2014-06-24 09:53 | Report Abuse

Disposal their asset from china will be completed end of this month , I want see that time !

chean1984

470 posts

Posted by chean1984 > 2014-06-24 10:01 | Report Abuse

sephiroth, thanks. Shall re-enter again when there's a movement

dragonlim

407 posts

Posted by dragonlim > 2014-06-24 10:14 | Report Abuse

Sepiroth, what should be today or this week TP ?

Posted by georgemic88 > 2014-06-24 10:17 | Report Abuse

sephiroth, this week can reach 1.05 ?

sephiroth

14,122 posts

Posted by sephiroth > 2014-06-24 10:19 | Report Abuse

georgemic, today profit taking day to clear contra kaki, close 1.01 is good enuf, 1.05 by thurs

crawler

4,829 posts

Posted by crawler > 2014-06-24 12:27 | Report Abuse

buy buy buy..

dragonlim

407 posts

Posted by dragonlim > 2014-06-24 16:20 | Report Abuse

Why did the price continue drop to 0.97? Uptrend or downtrend?

sephiroth

14,122 posts

Posted by sephiroth > 2014-06-24 16:22 | Report Abuse

can't be keep going up in a straight line ma, uptrend still intact, gotta clear contra kiki first loh

Taka

2,018 posts

Posted by Taka > 2014-06-24 16:23 | Report Abuse

A bit of profit taking is healthy.

dragonlim

407 posts

Posted by dragonlim > 2014-06-24 16:45 | Report Abuse

Sepiroth, need your advice that would the price up or down after AGM as saw that quite a many counters go down after AGM or even on the day of AGM?

sephiroth

14,122 posts

Posted by sephiroth > 2014-06-24 16:51 | Report Abuse

lim, yup most of the time, sell on news but havenport willing to buy 9.5m shares at 90+ sen, they will keep supporting the price, u shd go TCB and ask them ta on salcon

http://klse.i3investor.com/servlets/forum/900981369.jsp

Idiot

126 posts

Posted by Idiot > 2014-06-25 09:58 | Report Abuse

Havenport may want to some window dressing to look good on 30/6

shjane

85 posts

Posted by shjane > 2014-06-25 09:58 | Report Abuse

this counter drop again...I bought 0.995 now 0.965! what's wrong for this counter

Alexofb2b

1,304 posts

Posted by Alexofb2b > 2014-06-25 10:06 | Report Abuse

Salcon may drop back to 0.80000 level again.....

Idiot

126 posts

Posted by Idiot > 2014-06-25 10:09 | Report Abuse

at RM0.80, u shld buy, stocks basically largely cash backed, so there is a lot of room for value creation with this grp of people

phyroxus

683 posts

Posted by phyroxus > 2014-06-25 10:09 | Report Abuse

Alexofb2b, what justification on the price drop back to 0.8++

Simply guess?!

Alexofb2b

1,304 posts

Posted by Alexofb2b > 2014-06-25 10:25 | Report Abuse

ON chart reading , the last daily bearish engulfing candle coupled with downtrending RSI shows its weakness. The next support is 0.8300 which may expose if the bearish sentiments continues....

May God Bless All

Alexofb2b

1,304 posts

Posted by Alexofb2b > 2014-06-25 10:55 | Report Abuse

phyroxus ,
I don't guess, i read chart and study various Price Actions(PA) , to derive my own prediction on the Market sentiments,coupled with the fundamentals of that stock, of course it will not be 100% accuracy.

I trade by following the trend and market sentiments...

sjou

129 posts

Posted by sjou > 2014-06-25 11:14 | Report Abuse

T+3 due date for contra player...

shjane

85 posts

Posted by shjane > 2014-06-25 14:03 | Report Abuse

oh gosh

stteck

756 posts

Posted by stteck > 2014-06-25 14:20 | Report Abuse

Havenport Asset Management Pte. Ltd

Havenport Asset Management* is not affiliated to Legg Mason, Inc.


Havenport Asset Management("Havenport") is an Asia Pacific Equities specialist, headquartered in Singapore. Havenport's investment leaders have over two decades of individual experience investing in this region. They are individually industry leaders during this period, while working together in successful partnership for most of that time.

Havenport adds value to portfolios by investing thematically, and thinking holistically about the Asia Pacific region. It believes the region offers a wealth of alpha opportunities, which arises from persistent informational and behavioural inefficiencies consistent with a developing region. The resultant mis-pricing is best exploited through systematic analysis that comes from gaining a holistic perspective of the informational, analytical, regulatory and cultural gaps that exist on a pan regional basis.

Havenport believes original investment insights are best developed by fostering a culture that encourages varied interests, independent thought and open debate through confronting ideas, not personalities. It is energised by the process of synthesising its differing perspectives, and translating them into coherent and profitable investment themes. Havenport believes its business is critically dependent on trust. Trust is built by upholding the highest standards of moral and professional excellence, and by always operating in alignment with the interests of clients.

* Havenport Asset Management Pte. Ltd ("Havenport"), a Singapore incorporated company, is an independent employee-owned company incorporated in Singapore whose founders were executives of Legg Mason Asset Management Singapore Pte. Limited ("LMAMS"). Havenport is focused on managing Asian Pacific equity mandates for a broad spectrum of clients and the key investment personnel has been managing collective investment schemes in Singapore since 1995.

dragonlim

407 posts

Posted by dragonlim > 2014-06-25 14:44 | Report Abuse

What is happening as the price keep on dropping today?

winelim

35 posts

Posted by winelim > 2014-06-25 14:59 | Report Abuse

drop agn tml i will sell@@

John2000

168 posts

Posted by John2000 > 2014-06-25 15:53 | Report Abuse

i will hold.hehe. although a little bit pain

sheep

3,844 posts

Posted by sheep > 2014-06-25 15:54 | Report Abuse

still high, over bog. shud go down lower to 0.90

sheep

3,844 posts

Posted by sheep > 2014-06-25 15:55 | Report Abuse

tommorrow friday, shud go down sum more. then monday up for booking ..half year closing

dragonlim

407 posts

Posted by dragonlim > 2014-06-25 16:11 | Report Abuse

Tomorrow shud be Thursday only ......

sheep

3,844 posts

Posted by sheep > 2014-06-25 16:16 | Report Abuse

ops, two more days to go down...sharks also closing account..so this two days they will push up prices and offload to close account...wakakakaka

John2000

168 posts

Posted by John2000 > 2014-06-25 19:36 | Report Abuse

no only salcon drop, many good stock dropping also, it is big shark profit taking. small shrimp nervous to buy back and in the end :suffer:

dragonlim

407 posts

Posted by dragonlim > 2014-06-26 09:34 | Report Abuse

Hopefully as what u wish, Sheep!

Double10

16 posts

Posted by Double10 > 2014-06-26 10:53 | Report Abuse

Havenport asset manager from Singapore bought 53m shares or 8% of Salcon in open market. The last 2 blocks were bought at average of 0.950 - 0.970 in the last few days, according to Bursa announcement. Havenport is now 3rd largest shareholder of Salcon. Anyone knows what it going to do?

sephiroth

14,122 posts

Posted by sephiroth > 2014-06-26 10:55 | Report Abuse

due to s'pore pm liberalisation on unit trust companies in s'pore, they are allow to invest more in m'sian stocks

Double10

16 posts

Posted by Double10 > 2014-06-26 11:01 | Report Abuse

Someone said Legg Mason is involved. Havenport is the fund manager for Legg Mason for South East Asian equities. Legg Mason is one of largest US hedged funds.

John2000

168 posts

Posted by John2000 > 2014-06-26 11:05 | Report Abuse

Double10-which link can see the info for the purchase volume?

Idiot

126 posts

Posted by Idiot > 2014-06-26 12:08 | Report Abuse

There was an ealier post that said Havenport is not Legg Mason though the fund mgrs are ex-LM

Wow123

1,971 posts

Posted by Wow123 > 2014-06-26 15:26 | Report Abuse

Dah mari ong

dragonlim

407 posts

Posted by dragonlim > 2014-06-26 16:12 | Report Abuse

Any good news from AGM?

Idiot

126 posts

Posted by Idiot > 2014-06-26 16:18 | Report Abuse

Share price performance already tells you that

dragonlim

407 posts

Posted by dragonlim > 2014-06-26 16:19 | Report Abuse

Thought that should go beyond 1.00 upon a good news!

catcat

62 posts

Posted by catcat > 2014-06-27 13:26 | Report Abuse

why today so slow......

Posted by beyond3000 > 2014-06-27 13:47 | Report Abuse

think salcon will up again. Price should hold at 0.9++ , plus they are in the final 2 of a rm200 million water project in malaysia and another rm200million water project in sri lanka . Plus their fibre optic is additional income for they, as they are close to secure a few telco company concession. Which would help them boost alot of revenue. Don't forget they are partnering with ecoworld too , the project likely to be rm1.3bil in johor. And investment bank is holding their share. Summore they are cash rich now. So keep calm, should be ok .

Posted by generalhoho > 2014-06-27 14:32 | Report Abuse

now is time to buy... after 30th will fly fly fly...!

Posted by anthonykok > 2014-06-27 14:52 | Report Abuse

Y 30th?

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