Posted by abcb > 2014-10-23 12:13 | Report Abuse

Salcon is back on investors radar following a research house recommendation which suggest the stock is deeply undervalued and its target price RM1.02

Posted by jacklintan > 2014-10-23 16:12 | Report Abuse

BUY now before too late.

Posted by nordimohd > 2014-10-23 18:03 | Report Abuse

abcb,
wah look like good news luckily bought some today....

Posted by nordimohd > 2014-10-27 17:58 | Report Abuse

sold 74ct

Posted by Taka > 2014-10-29 00:35 | Report Abuse

Salcon initiated Shares Buy Back on 28/10/2014

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1778581

Posted by stteck > 2014-10-30 15:50 | Report Abuse

engine starts?

Posted by jacklintan > 2014-10-30 23:53 | Report Abuse

Get ready for 78 cts

Posted by tham hoe yean > 2014-11-02 23:44 | Report Abuse

Would there be a special dividend to be declared this coming qr?

Posted by bsngpg > 2014-11-03 07:24 | Report Abuse

Hope so.

But I prefer to see a much better qtr earning than div. After the disposal of water biz in China, it's earning has been negative. Turning back to positive earning is the most important factor to stop the stagnant price, and in a brighter aspect, kicking off the uptrend on price.

Posted by bsngpg > 2014-11-06 09:41 | Report Abuse

Umm! Good kick

Posted by tham hoe yean > 2014-11-06 09:47 | Report Abuse

come on, all the way up^^^

Posted by stteck > 2014-11-07 10:06 | Report Abuse

Government to allocate additional 3 billion in 2015 budget for water sector to expedite the development of langat 2 project, hope it brings good news for salcon.....

Posted by asriruslan > 2014-11-10 08:50 | Report Abuse

SALCON is trading at its resistance of 0.75. It is important to monitor the price volume action near this 0.75 level to determine whether a breakout will take place.

Posted by as1915000 > 2014-11-11 09:53 | Report Abuse

good good, up up up kikiki

Posted by cschen > 2014-11-11 12:08 | Report Abuse

Keep & keep! Q3 result out soon & expected very positive in P&L.

Posted by bsngpg > 2014-11-11 14:20 | Report Abuse

How do you know? Are you working in Salcon? Nevertheless I like your comment.

Posted by datuk > 2014-11-11 17:51 | Report Abuse

Rm0.92 ai lai lioa!!!

Kikikikiki

Posted by 5percent > 2014-11-13 22:15 | Report Abuse

drop 3 cents lo...

Posted by tham hoe yean > 2014-11-21 13:13 | Report Abuse

making lost at current quarter again, but profit per share rose. Good sign or bad sign? Anyone?

Posted by armt > 2014-11-24 11:10 | Report Abuse

Company share buybacks are between 71.5 to 73 sens. Go figure if current prices are reasonable...

Posted by tham hoe yean > 2014-11-24 13:28 | Report Abuse

Quantity of share buyback are rather small, just 20 lots

Posted by armt > 2014-11-24 13:49 | Report Abuse

true but the net cash of the company as a proportion of its market cap is also quite high, plus u factor the fact its trading below 1x p/b, its still attractive

Posted by tham hoe yean > 2014-12-01 12:33 | Report Abuse

why drop so much today?

Posted by jacklintan > 2014-12-01 16:01 | Report Abuse

good BUY for salcon

Posted by hng33 > 2014-12-05 12:18 | Report Abuse

Bought Salcon at 64-64.5sen

Posted by hng33 > 2014-12-05 12:41 | Report Abuse

Salcon fundamental

1. Salcon share is back by net cash RM 400m or 60sen/share (or 94% of current share price is back by cash !!??),

2. Construction mainly in M&E water related scope, unbill orderbook stand at 642m, including Langat 2

3. JV with Ecoworld in property development (GDV RM 1.2 bil),

4. Venture into fibre optic business with total 105km along railway under 15 year Build, operate, transfer (BOT) concession,

5. Salcon start aggressive share buyback yesterday at 63.5-65.5sen.

Posted by bsngpg > 2014-12-05 16:00 | Report Abuse

hng: good summary and good buy.

Posted by tham hoe yean > 2014-12-05 17:29 | Report Abuse

540,000 number of share buy back. Good news coming soon.

Posted by jacklintan > 2014-12-06 23:53 | Report Abuse

Yup. More good news coming soon. Welcome hng33!

Posted by joannelim > 2014-12-07 11:15 | Report Abuse

good news? new project award?

Posted by taka > 2014-12-08 12:33 | Report Abuse

Cash rich with 300mil. Why it keeps dropping even with share buy back and OCBC and GE collecting ???

Posted by tham hoe yean > 2014-12-08 18:43 | Report Abuse

I still trapped at 0.76...:(((

Posted by sheep > 2014-12-08 18:58 | Report Abuse

langat 2 got problem? contract might reveal lopsided or hidden deals?

Posted by Jim Sted Power > 2014-12-10 10:34 | Report Abuse

sure up de la... big boss support behind

Posted by Zack See Zensiong > 2014-12-10 22:13 | Report Abuse

share buy back so much

Posted by Jim Sted Power > 2014-12-11 12:13 | Report Abuse

soon up to 80cents at least

Posted by Jim Sted Power > 2014-12-11 15:10 | Report Abuse

wonder why everyday also share buy back

Posted by Jim Sted Power > 2014-12-15 12:21 | Report Abuse

OCBC where are you???? Please buy and push the price up

Posted by truthseeker1 > 2014-12-16 02:12 | Report Abuse

40sen safer.

Posted by hng33 > 2014-12-17 17:06 | Report Abuse

Salcon finally recover back to 60sen, thanks to salcon aggressive share buyback. Salcon share price should be back support by its strong net cash position 60sen/share.

Posted by Tornado > 2014-12-17 17:41 | Report Abuse

hng33: great to see here... do you own this share at the moment ?

Posted by hng33 > 2014-12-17 17:47 | Report Abuse

Tornado

Of course, just refer to my previous posting here


' Posted by hng33 > Dec 5, 2014 12:18 PM |

Bought Salcon at 64-64.5sen '

Posted by Tornado > 2014-12-18 00:40 | Report Abuse

Great !

Posted by jacklintan > 2014-12-18 19:02 | Report Abuse

Oh, wow, they been accumulating the stocks silently. Relentless, this is a must BUY signal, folks!

Posted by hng33 > 2014-12-19 10:15 | Report Abuse

Sold off Salcon at 63sen, realize about 1.2sen/share loss. Free up capital in prepare to buy more Puncak on weakness.

Posted by calvintaneng > 2014-12-19 10:16 | Report Abuse

Hng33

No matter how good a share - still cannot put all eggs in Only One Basket

Posted by jacklintan > 2014-12-19 10:24 | Report Abuse

hng33, wah ...

Posted by hng33 > 2014-12-19 14:55 | Report Abuse

calvintaneng

Thanks for your advice.....but, now, i'm risk taker on Puncak, just let me a bit stubborn these time, put almost eggs in these single stock: Puncak just these time

Remark: Portfolio now only have 2 stock.....aside Puncak, still hold another stock, bjcorp with small stake <4%).

Posted by hng33 > 2014-12-19 19:02 | Report Abuse

OCBC change gear, now selling salcon.........

Posted by Jim Sted Power > 2014-12-19 21:55 | Report Abuse

After disposed, OCBC still got a lot of meat

Total no of securities after change 42,983,300

Still will push up!