SALCON BHD

KLSE (MYR): SALCON (8567)

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Last Price

0.415

Today's Change

0.00 (0.00%)

Day's Change

0.40 - 0.42

Trading Volume

3,629,800


9 people like this.

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

Posted by tham hoe yean > 2015-11-07 20:23 | Report Abuse

My opinion is, only 2% of water is drinkable and it has dropped to 1% now. Even scientists r trying to find a planet with existence of water. What i see water crisis will be very critical in near future. I can live without a car a gucci bag a vacation, but water? Industrial need it as well as mankind. So the future is bright for water business.

bsngpg

2,842 posts

Posted by bsngpg > 2015-11-07 20:38 | Report Abuse

ssteck: you are not alone, I am here for long too and worst still big portion of my fund is stuck here. I am right here waiting and waiting......

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2015-11-08 09:39 | Report Abuse

can buy now .635?

stteck

756 posts

Posted by stteck > 2015-11-09 08:40 | Report Abuse

Bsngpg, due to loyal to this stock, i missed out some other much better ones which traded at the same px level at 60 cents years ago, however those had now shoot up above RM1 and some even >100%, not to repeat this mistake, i better shift and move on..

bsngpg

2,842 posts

Posted by bsngpg > 2015-11-09 09:59 | Report Abuse

I came in as "big leg" asked me to follow. We really made big paper gain once. But they don't tell me when will they leave. I guess they have left or maybe they are still in, who knows?

Posted by Raymond Ong > 2015-11-09 14:12 | Report Abuse

I'm also stuck here long time and miss for others good stock too.. Really don't know when it will fly up .... Good company and many project announced but no effect on share

stteck

756 posts

Posted by stteck > 2015-11-09 17:17 | Report Abuse

Good companies like Arank, Prestar, TAS where I shifted to already up at>20% in a month, Salcon - MAY BE or possiby can go up if secure any bids in the following projects ba : -

Selangor water tenders to start in December
By Chen Shaua Fui / theedgemarkets.com | November 9, 2015 : 2:28 PM MYT
Translated by Google Translator:
Translated by Google Translator:
Share on facebookShare on twitterKUALA LUMPUR (Nov 9): Tenders for the Semenyih 2 and Labohan Dagang water treatment plants will begin in December 2015 and March 2016 respectively, Selangor Menteri Besar Azmin Ali said.

Azmin said both plants, involving some RM800 million in collective investments, would have a combined capacity of 500 million litres per day. He said the plants aim to supply water in Selangor, Putrajaya and Kuala Lumpur between 2017 and 2019.

"The tender document for Semenyih 2 has been completed and the tender will begin in early December. The project is expected to begin in the first quarter of 2016.

"Meanwhile, for Labohan Dagang water treatment plant, we expect the tender to be called the latest by March 2016, and the project is expected to commence in mid-2016," Azmin said at a press conference in conjunction with his visit to Syarikat Bekalan Air Selangor Sdn Bhd here today.

He said the projects are expected to be completed within 18 to 24 months.

He said Semenyih 2 and Labohan Dagang water treatment plants were initiated after the federal government informed Selangor that the Langat 2 water treatment plant, slated to be completed in 2017, would be delayed to 2019.

Azmin said the federal government notified Selangor about the delay two months ago.

On the reason for the Langat 2 delay, Azmin said: "You need to ask Putrajaya. We have given all the development orders required by them three months ago."

stteck

756 posts

Posted by stteck > 2015-11-11 22:29 | Report Abuse

Guys....catalyse for salcon, hope it isnt a dippointment again....



22億計劃有看頭‧水務公司急起直追

Author: Tan KW   |   Publish date: Wed, 11 Nov 2015, 05:57 PM 2015-11-11 17:12 (吉隆坡11日訊)大型基建合約因2016財政預算案受益,分析員認為,水務基建總值22億令吉的水務計劃也很有看頭,加上雪州水務重組,水務相關公司可急起直追。 聯昌研究表示,2016年財政預算案是水務工程的主要催化因素,因在這次的財政預算案當中,政府共撥22億令吉用以提昇水供,當中的25%用以在全國升級及建造更多的用水處理廠,比之前7年的平均撥款高。  以5年第11大馬計劃而言,根據最新數據,政府將撥120億令吉用以水務基建,聯昌研究認為,確切數字會更高,因為在撥款當中不包括水管。根據聯昌估計,這些計劃包括偏遠地區水供、污水處理廠和污水水管。除了可從政府手上得到合約,雪州水務整合也是水務基建公司的催化因素之一。 雪州水務重組催化雪州水供公司(Syabas)預測,在接下來5年內水務的資本開銷為43億令吉,以提昇巴生河流域水供服務,當中,就以冷岳2(Langat)計劃投入最多資金,冷岳2第一計劃將涉及9億9千400萬令吉,而第二階段為10億令吉。此外,早前喊停的彭亨及雪州的跨州運水計劃(IWTS)有望恢復,因為已有一些大直徑水管供應合約,而這些水管計劃總值介於3億至5億令吉。聯昌表示,雪州目前的備用水容量已低於5%,雪州可能會在冷岳2第二階段推出前尋找其他的水供計劃。 實康是大贏家在整合後,聯昌認為,實康(SALCON,8567,主板貿服組)會是水務工程大贏家。在商業高峰(PUNCAK,6807,主板基建計劃組)退出水務業務後實康競爭能力提昇,以該公司以往勝出率計算,可贏得總值5億令吉的水務合約,提昇訂單85%。此外,一些大直徑水管業者如勇達集團(ENGTEX,5056,主板貿服組)及友聯工業(YLI,7014,主板工業產品組)都從跨州運水計劃中收益。聯昌認為,雖然在水務方面,金務大(GAMUDA,5398,主板建筑組)不是主要受益者,但以整體而言,捷運(MRT)及檳城的交通大藍圖(TMP)計劃仍然會是大贏家。聯昌保持建築業“跑贏大市”評級,小型綜合水務承包公司提供良好的訂單成長潛能。涉及水務的金務大、商業高峰和實康都獲得“加碼”評級;最愛的是大資本股仍是金務大,目標價為5令吉88仙,小型/中型股首選睦興旺工程(MUHIBAH,5703,主板建筑組)。 (星洲日報/財經‧報導:陳林德)點看全文:http://biz.sinchew.com.my/node/125797?tid=23#ixzz3rAwSKUmf

Posted by Sebastian Sted Power > 2015-11-12 09:09 | Report Abuse

sold all after long waiting. earn 5cents ok la

kentg03

971 posts

Posted by kentg03 > 2015-11-12 09:09 | Report Abuse

fly lo

1009

2,016 posts

Posted by 1009 > 2015-11-12 09:12 | Report Abuse

终于...等到你了

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2015-11-12 09:14 | Report Abuse

有。。。。我有。。。

也买了很多。。。。。

加油啦。。。

Posted by azuanfnd > 2015-11-12 09:31 | Report Abuse

this stock is picking up....come on ! up up up

klmanutd

41 posts

Posted by klmanutd > 2015-11-12 10:02 | Report Abuse

What new target price CIMB Research give to Salcon? Pls share.

bsngpg

2,842 posts

Posted by bsngpg > 2015-11-12 10:45 | Report Abuse

As at 22 Oct 15, TP by CIMB is RM0.95. On the same day, it was closed at 0.66.

Water and fibre optics for growth

■ Earnings turnaround story remains intact for FY16.Huge opportunities in new water and wastewater contracts domestically.Potential beneficiary of the 11MP too.
■ VBT has secured recurring revenue streams from two telcos. Scope ofearnings expansionis huge, driven by multiple productsand services, and larger telcos.
■ We cut our EPS fortiming issues, butits 3-year EPS CAGR of 67% is still attractive. Our lower target price remains pegged to a 20% RNAV discount.

runnerman

678 posts

Posted by runnerman > 2015-11-12 12:31 | Report Abuse

Let see dis evening

Taka

2,018 posts

Posted by Taka > 2015-11-12 14:11 | Report Abuse

Thursday, 12 November 2015

KUALA LUMPUR: CIMB Equities Research sees a high possibility that water contracts could be revived.

It said on Thursday based on recent data points, the momentum of government and private sector-funded water projects should play catch-up with non-water contracts.

“The government’s large budget substantiates this, with RM12bn in total under 11 Malaysia Plan (over five years from 2016), based on our compilation. We believe the bulk of the budget allocation excludes pipe replacement given the focus on treatment plants, implying that eventual spending could be higher,” it said.

CIMB Research said one of the key catalysts for a comeback in water projects is Budget 2016. One-quarter of the total RM2.2bil would be to build and upgrade new water treatment plants (WTPs) nationwide.

This is slightly higher than the average allocation per annum in the past seven years, which is positive for the backlog of water capex in Klang Valley and, more importantly, in Selangor. This also means that there could be several tenders for WTP upgrades in other states. The other catalyst is Selangor's industry consolidation.

“We expect over RM2bil worth of water-type contracts to be awarded largely in 2016. This does not include potential jobs from the private sector side. Overall, this is good news for pure water infra contractors, where the average order book based on our checks is currently running at below RM1bil.

“Salcon, which is the only pure water infra contractor under our coverage, could emerge with a bigger share of wins. Its tender book (jobs in tender) stands at RM1bil to RM2bil,” it said.

CIMB Research said after the exit of Puncak Niaga from the water business in Selangor, Salcon now looks more attractive given its position among the contractors that could benefit from new tenders post the water consolidation in the state.

The critical water reserve margin of below 5% in the state implies that new alternative water supply jobs will be expedited before the implementation of Langat 2 WTP phase 2 (RM800mil to RM1bil in value). Salcon is also in the running for this job given its advantage in phase 1.

“Smaller-cap integrated water contractors offer good order book growth prospects. Within our coverage, Salcon provides the only exposure as its larger peers are focused on other segments. We maintain our Overweight call on the construction sector. Gamuda remains our top big-cap pick while Muhibbah Engineering is our preferred small/mid-cap stock,” it said.

Taka

2,018 posts

Posted by Taka > 2015-11-12 14:15 | Report Abuse

Hope to see 90 sen or higher again.

nelayan

217 posts

Posted by nelayan > 2015-11-12 14:16 | Report Abuse

im hope to see above rm1 haha..

WINNING

1,715 posts

Posted by WINNING > 2015-11-12 20:10 | Report Abuse

So tomorrow we can see 0.70 cents above.

janggut

236 posts

Posted by janggut > 2015-11-13 08:54 | Report Abuse

Today sure can reach above 70sen..

stteck

756 posts

Posted by stteck > 2015-11-13 11:57 | Report Abuse

was happy to see the uptrend moving, not to dampen the mood here, but i feel this seems a kind of seasonal IR strategy for CIMB to issue the research report, refer back to history, share px normally dropped back after climbed, hope i am wrong this time.....

Posted by kinkudes_hc > 2015-11-13 16:11 | Report Abuse

yesterday 28 million transaction (with 14 million buys).... today only 4 million (1.8 million buy).... resting? holding?

rishi

372 posts

Posted by rishi > 2015-11-17 15:09 | Report Abuse

kinkudes, how do you check the buying power ?

1009

2,016 posts

Posted by 1009 > 2015-11-18 09:25 | Report Abuse

Try up 0.70?

stteck

756 posts

Posted by stteck > 2015-11-20 00:33 | Report Abuse

1009, this stock is dead at 0.65. I sold off all 20 lots 0.62 and shifted to 50 lots bornoil and 10 lots arank, my total today from these two is 1350 but if keep still salcon would be only 650.....so suck....

Posted by fezbone84 > 2015-11-22 13:38 | Report Abuse

Is this supposed to be a good news or bad news...sorry newbie here

SALCON BERHAD (SALCON OR THE COMPANY)

PROPOSED DISPOSALS OF THE ENTIRE EQUITY INTERESTS HELD IN THE FOLLOWING:

(I) SALCON FUJIAN (HK) LIMITED
(II) SALCON ZHEJIANG (HK) LIMITED
(III) SALCON LINYI (HK) LIMITED
(IV) SALCON SHANDONG (HK) LIMITED

stteck

756 posts

Posted by stteck > 2015-11-22 23:25 | Report Abuse

Fezbone its an old news...

1009

2,016 posts

Posted by 1009 > 2015-11-23 11:07 | Report Abuse

Give the time , must up de

1009

2,016 posts

Posted by 1009 > 2015-11-24 09:38 | Report Abuse

Betul betul mahu tidur sampai Jan 2016?

Genius88

15 posts

Posted by Genius88 > 2015-11-26 10:36 | Report Abuse

bila mau wake up?

travoltakeong

1,502 posts

Posted by travoltakeong > 2015-11-28 15:03 | Report Abuse

technically at the bottom....can take risk....Company's fundamental....no issue...just be patient...can break 0.84.....

1009

2,016 posts

Posted by 1009 > 2015-11-29 19:28 | Report Abuse

Keep and wait... Not can drop more de la..
Up % have so high

Genius88

15 posts

Posted by Genius88 > 2015-11-30 17:44 | Report Abuse

quarter report out! It is good result!

Posted by DreamSurrounder > 2015-11-30 17:48 | Report Abuse

why drop

kentg03

971 posts

Posted by kentg03 > 2015-11-30 18:01 | Report Abuse

good QR!

1009

2,016 posts

Posted by 1009 > 2015-11-30 19:57 | Report Abuse

Perlahan-perlahan up back... 2day whose panic sell ?

Posted by Terence Chin Yun Peng > 2015-12-01 15:25 | Report Abuse

Prospects
Following the Government announcement of Eleventh Malaysia Plan (11MP) with the allocation of RM12
billion for the water and waste water sector, the Group is optimistic to participate in some of these
projects.


BUY BUY BUY when LOW

Taka

2,018 posts

Posted by Taka > 2015-12-02 13:52 | Report Abuse

Some activities detected.

klmanutd

41 posts

Posted by klmanutd > 2015-12-03 17:43 | Report Abuse

Director top up 4.5mil share

sheep

3,844 posts

Posted by sheep > 2015-12-03 19:14 | Report Abuse

good news coming?

Taka

2,018 posts

Posted by Taka > 2015-12-03 21:51 | Report Abuse

Profit improved, price at a low, director collecting......indication of price going up soon.

travoltakeong

1,502 posts

Posted by travoltakeong > 2015-12-04 09:56 | Report Abuse

VERY GOOD POTENTIAL.......BUY ON WEAKNESS.....

arvin6

342 posts

Posted by arvin6 > 2015-12-04 15:50 | Report Abuse

Be careful seem like try to trap ppl .

travoltakeong

1,502 posts

Posted by travoltakeong > 2015-12-05 14:35 | Report Abuse

what kind of trap?....

stteck

756 posts

Posted by stteck > 2015-12-06 18:48 | Report Abuse

If you never study thIs stock before...you will be trapped....

tklim

3,155 posts

Posted by tklim > 2015-12-06 21:40 | Report Abuse

new high or new low?.....how? .....Up or down?.......

Posted by hshschin > 2015-12-07 12:26 | Report Abuse

Long term seem positive...but really slow lately....

wongchin

1,006 posts

Posted by wongchin > 2015-12-08 19:06 | Report Abuse

SalCON. CON investor

travoltakeong

1,502 posts

Posted by travoltakeong > 2015-12-08 21:52 | Report Abuse

This counter got potential....BUY on weakness.....

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