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

stteck

756 posts

Posted by stteck > 2015-12-08 22:19 | Report Abuse

effect of CIMB has gone, the stock back to 60 cents again, if you study the history, u will see the next momentum will be in apr.....cimb will write another story to con investor....

stteck

756 posts

Posted by stteck > 2015-12-08 22:22 | Report Abuse

by the way, i foresee it will down to 56 cents, similar to last trend, hope i am wrong

1009

2,016 posts

Posted by 1009 > 2015-12-09 01:21 | Report Abuse

Ok... Down more more, so I can collect more cheaper again.. : )
Yummy..

travoltakeong

1,502 posts

Posted by travoltakeong > 2015-12-09 21:45 | Report Abuse

this counter can fly.....BUY on weakness....

wongchin

1,006 posts

Posted by wongchin > 2015-12-10 18:18 | Report Abuse

Hw to fly?? Go under water already.

stteck

756 posts

Posted by stteck > 2015-12-12 01:29 | Report Abuse

go in now will get con, wait till .56 to .58

1009

2,016 posts

Posted by 1009 > 2015-12-13 16:50 | Report Abuse

After Jan..2016 baru kerja..
Now perlahan-perlahan collect when cheaper again : )

Posted by nicholai1983 > 2015-12-14 11:42 | Report Abuse

i tell u all, there is new project contract coming soon, location melaka

Posted by tham hoe yean > 2015-12-14 11:53 | Report Abuse

Nicholai, sound like u very sure... can collect from now?

1009

2,016 posts

Posted by 1009 > 2015-12-15 14:32 | Report Abuse

Good... Sudah start murah coming...
Pls.. Down more again : )

Arefiq84

107 posts

Posted by Arefiq84 > 2015-12-15 14:59 | Report Abuse

I dont think it will drop anymore...turn around soon
..still holding it...

Posted by hshschin > 2015-12-16 16:36 | Report Abuse

ya...salcon can really fly...

klmanutd

41 posts

Posted by klmanutd > 2015-12-16 17:48 | Report Abuse

Director top up another 4.4 mil share

chinaman

3,256 posts

Posted by chinaman > 2015-12-16 17:50 | Report Abuse

this top up must be precedent something big to happen...its insider move by director

sangjero

639 posts

Posted by sangjero > 2015-12-17 09:20 | Report Abuse

investors could set sight for the stock to retest its next resistance level of RM0.72 (R2).

sangjero

639 posts

Posted by sangjero > 2015-12-17 09:32 | Report Abuse

Moving towards unchartered territory if Salcon breaks 0.72......

chinaman

3,256 posts

Posted by chinaman > 2015-12-17 09:35 | Report Abuse

too many shares in public-very hard to push up unless directors buy back much more, reduce public shareholding. its very weird that the main boss hold so less shares despite of co.'s strong balance sheet. why? is it bcs 'cooked' balance sheet?

yctee

77 posts

Posted by yctee > 2015-12-17 09:38 | Report Abuse

Be careful of stocks with name 'con'

bsngpg

2,842 posts

Posted by bsngpg > 2015-12-17 09:43 | Report Abuse

If your logic holds water then you firstly need to avoid all "con"struction companies.

chinaman

3,256 posts

Posted by chinaman > 2015-12-17 10:00 | Report Abuse

what like most is on its strong cash reserve...will reach myr400Million if I'm not mistaken once all water concession sold out. the only I thing I'm sceptical is boss's low shareholding which beyond my understanding till now

travoltakeong

1,502 posts

Posted by travoltakeong > 2015-12-20 14:04 | Report Abuse

showing positive sign.....

1009

2,016 posts

Posted by 1009 > 2015-12-23 23:20 | Report Abuse

2016 January will coming ...
Show perlahan-perlahan coming : )
Down more more.. Wait me eat more again : )

ACELEE

175 posts

Posted by ACELEE > 2015-12-25 21:36 | Report Abuse

HI Chinaman,Salcon is lefting the last piece of water assets in China to be disposed (RM 40m) and thus their cash level likely will not reach RM 400m.But no worry,Salcon FV will be above RM 0.85.just be patient.

asriruslan

2,081 posts

Posted by asriruslan > 2016-01-06 08:17 | Report Abuse

start buying slowly

asriruslan

2,081 posts

Posted by asriruslan > 2016-01-06 09:52 | Report Abuse

coming soon

cutie

1,690 posts

Posted by cutie > 2016-01-06 12:19 | Report Abuse

today is WATER theme....all water counters....going to go up....SALCON, PUNCAK, Jaks, gkent starting to move

janggut

236 posts

Posted by janggut > 2016-01-06 21:50 | Report Abuse

Yeah i can see this stock start moving..they will go up very fast..keep watching closely

Posted by Loan_Shark_369 > 2016-01-07 07:46 | Report Abuse

I smell something ...

asriruslan

2,081 posts

Posted by asriruslan > 2016-01-07 09:11 | Report Abuse

time to fly

Posted by Loan_Shark_369 > 2016-01-07 09:25 | Report Abuse

hahaha some body just take Rm 7500 profit with capital of Rm 150000

Posted by Loan_Shark_369 > 2016-01-07 09:27 | Report Abuse

by look at the Q
I would tell today no show liao ...
Unless selling pressure turn to 5K , 1K , 1K , 1K and 1K
Other wise it will go to 0.605

asriruslan

2,081 posts

Posted by asriruslan > 2016-01-07 09:42 | Report Abuse

wait and see

asriruslan

2,081 posts

Posted by asriruslan > 2016-01-07 09:45 | Report Abuse

buy and keep

asriruslan

2,081 posts

Posted by asriruslan > 2016-01-07 09:46 | Report Abuse

0.70 coming soon

Alfred Aun

1,139 posts

Posted by Alfred Aun > 2016-01-07 09:50 | Report Abuse

salcon bags RM5.41m water piping job in Terengganu on 6/1/16.

cutie

1,690 posts

Posted by cutie > 2016-01-07 10:00 | Report Abuse

DAFFY from investlah quote this yesterday,,,,Joint venture with Loh n Loh Water treatment valued at 993.9 million alone. 5.41 m is a small thing.

Alfred Aun

1,139 posts

Posted by Alfred Aun > 2016-01-07 10:51 | Report Abuse

drop back already...

kakashit

1,472 posts

Posted by kakashit > 2016-01-07 11:04 | Report Abuse

this is a good company, having niche in water treatment, but unfortunately getting involved in prop developement in the last stage of the property bubble.

If not involved in prop, i would hv bought it.

I think AWC is still the best

Posted by Loan_Shark_369 > 2016-01-07 11:57 | Report Abuse

i smell something again

stteck

756 posts

Posted by stteck > 2016-01-07 13:56 | Report Abuse

this stock price continuously dropping, just wonder why you all still saying this is a good company instead as a speculative company?

asriruslan

2,081 posts

Posted by asriruslan > 2016-01-07 14:22 | Report Abuse

patience buy low sell high

asriruslan

2,081 posts

Posted by asriruslan > 2016-01-07 14:23 | Report Abuse

still cheap compare other counter

Posted by Loan_Shark_369 > 2016-01-07 15:24 | Report Abuse

Value stock not by price ... by its return
PE is 40 something = mean you invest Rm 40 + only give you Rm 1
I would say better you keep the money in FD

sheep

3,844 posts

Posted by sheep > 2016-01-07 15:27 | Report Abuse

Director bog 5millions yesterday. more contracts coming?


Name of Director Type of Securities Date of Acquisition Number of Shares Acquired (Indirect)* Percentage (%)
Tan Sri Dato' Tee Tiam Lee

Ordinary shares of RM0.50 each 4 January 2016 5,100,000 0.758

asriruslan

2,081 posts

Posted by asriruslan > 2016-01-07 15:36 | Report Abuse

wait and see

Posted by Supertonic000 > 2016-01-08 10:56 | Report Abuse

Buy buy buy

Alfred Aun

1,139 posts

Posted by Alfred Aun > 2016-01-08 14:43 | Report Abuse

small vol today, price not moving up at all.and why you shout "Buy"? supertonic000...

Posted by Supertonic000 > 2016-01-08 22:58 | Report Abuse

Buy and keep for mid long term, my friend :)

1009

2,016 posts

Posted by 1009 > 2016-01-13 23:21 | Report Abuse

Yes... Buy buy buy

Posted by Steven Lau > 2016-01-15 00:43 | Report Abuse

buying at $0.60 is dangerous after 3 tries. better wait and see if it does drop can buy at $0.565

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