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

Alfred Aun

1,139 posts

Posted by Alfred Aun > 2016-01-20 15:16 | Report Abuse

Just buy back at the price of 0.590..

tklim

3,155 posts

Posted by tklim > 2016-01-21 00:21 | Report Abuse

wahh...everyone very confident with salcon.....ok....buy...buy....ha...ha...ha.

Alfred Aun

1,139 posts

Posted by Alfred Aun > 2016-01-21 16:09 | Report Abuse

What for salcon buy back its shares into treasury? is it good for the company while its share price drops everyday?

stteck

756 posts

Posted by stteck > 2016-01-26 10:00 | Report Abuse

Tklim, big seller is waiting for u at 0.59, quick quick...dont miss the boat... hehehe

travoltakeong

1,502 posts

Posted by travoltakeong > 2016-01-27 12:06 | Report Abuse

short term-mid term.... target....0.677-0.733.....mid term could be...0.90.....maybe.....this is not a buy or sell call...

asriruslan

2,081 posts

Posted by asriruslan > 2016-01-29 09:49 | Report Abuse

time for accumulate

Alfred Aun

1,139 posts

Posted by Alfred Aun > 2016-01-29 10:29 | Report Abuse

klci index up 11 points this morning, why this counter still down so much? n what's the purpose for the company buy back its shares for treasury?

stteck

756 posts

Posted by stteck > 2016-01-29 11:04 | Report Abuse

Since the company is buying back its share, does this mean the big block at .59 is by the company?

1009

2,016 posts

Posted by 1009 > 2016-01-29 16:27 | Report Abuse

Good...

janggut

236 posts

Posted by janggut > 2016-02-02 15:22 | Report Abuse

Any good news for this stock?not moving n keep dropping..what happend?

1009

2,016 posts

Posted by 1009 > 2016-02-05 00:14 | Report Abuse

Very strong ler... Not any big move up de...

travoltakeong

1,502 posts

Posted by travoltakeong > 2016-02-16 23:25 | Report Abuse

BUY CALL...Target Price above 1.0233 suggest trend is up...

travoltakeong

1,502 posts

Posted by travoltakeong > 2016-02-16 23:28 | Report Abuse

Resistance Level (R3) = 0.5867
Resistance Level (R2) = 0.5833
Resistance Level (R1) = 0.5817

Pivot Point = 0.5783

Support Level (S1) = 0.5767
Support Level (S2) = 0.5733
Support Level (S3) = 0.5717

Alfred Aun

1,139 posts

Posted by Alfred Aun > 2016-02-18 09:18 | Report Abuse

This share price not moving at all even the klse index up 19.44 points.

asriruslan

2,081 posts

Posted by asriruslan > 2016-02-19 09:42 | Report Abuse

will up slowly buy and keep

sheep

3,844 posts

Posted by sheep > 2016-02-19 09:59 | Report Abuse

sal-con...another con?

travoltakeong

1,502 posts

Posted by travoltakeong > 2016-02-19 10:12 | Report Abuse

stay sideline if you are doubtful.....

travoltakeong

1,502 posts

Posted by travoltakeong > 2016-02-19 10:15 | Report Abuse

NTA 0.86...numbers don't lie....

http://klse.i3investor.com/servlets/stk/fin/8567.jsp

1009

2,016 posts

Posted by 1009 > 2016-02-19 11:18 | Report Abuse

Wowwww.... Shoot up signal...

pradeep

1,324 posts

Posted by pradeep > 2016-02-19 11:45 | Report Abuse

time to buy and hold fundamental intact a lot of cash .be a smart investor. I agree with travoltakeong.

pradeep

1,324 posts

Posted by pradeep > 2016-02-19 11:48 | Report Abuse

The way I see travoltakeong you had taken a lot of pain in your study.Those who understand they know keep in touch

travoltakeong

1,502 posts

Posted by travoltakeong > 2016-02-20 09:56 | Report Abuse

Notice of Shares Buy Back - Immediate Announcement

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5002897

Posted by nicholai1983 > 2016-02-21 20:25 | Report Abuse

Awarded new project on friday. This week will sign letter award

Alfred Aun

1,139 posts

Posted by Alfred Aun > 2016-02-22 09:31 | Report Abuse

nicholai1983, kindly forward the news resource. tq.

asriruslan

2,081 posts

Posted by asriruslan > 2016-02-23 08:10 | Report Abuse

Salcon may further experience a technical rebound after climbing above the downtrend line to cross the 50-day MAV line. Traders may buy as a bullish bias could be present above the MYR0.60 level, with a target price of MYR0.69, provided the MYR0.645 minor resistace can be surpassed. The stock may drift lower if cannot hold above the MYR0.60 mark. In this case, support is anticipated at MYR0.565, where traders can exit upon a breach.

Source: RHB Research

travoltakeong

1,502 posts

Posted by travoltakeong > 2016-02-23 21:59 | Report Abuse

Chart is uptrending....let's see what happen next

Alfred Aun

1,139 posts

Posted by Alfred Aun > 2016-02-24 11:19 | Report Abuse

Notice that some directors and shareholders of this company disposed many million units shares recently.

janggut

236 posts

Posted by janggut > 2016-02-24 17:47 | Report Abuse

Why this counter drop so much?..is there any possibility to rebound

Posted by bonescythe > 2016-02-26 02:33 | Report Abuse

Salcon - Watering Flakes of Gold
http://bonescythe.blogspot.my/2016/02/salcon-watering-flakes-of-gold.html

1009

2,016 posts

Posted by 1009 > 2016-02-26 03:15 | Report Abuse

Sapu simpan

cutie

1,690 posts

Posted by cutie > 2016-02-26 15:36 | Report Abuse

bonescythe recommend ed , also cant move. must be bad results

jenabchen123

1,219 posts

Posted by jenabchen123 > 2016-02-26 16:45 | Report Abuse

In Bones With Trust when come to share. Make money following him. Took position today. Let us ride the wave!

Posted by jazzymoments > 2016-02-26 17:48 | Report Abuse

Further to the announcement dated 27 August 2015, the Board of Directors of Salcon wishes to announce that there has been no material development on the Memorandum of Understanding entered into between Salcon Engineering Berhad (Company No. 18161-H), a wholly-owned subsidiary of Salcon and Tanjung Piai Maritime Industries Sdn Bhd (Company No. 943274-D) for exploratory efforts in the establishment of water supply and sewerage treatment infrastructure to the new development at Tanjung Piai Integrated Petroleum and Maritime Industrial Park, Mukim Serkat, Daerah Pontian, Johor Darul Takzim.

1009

2,016 posts

Posted by 1009 > 2016-02-29 14:00 | Report Abuse

Cheap cheap promotion?

914601117

541 posts

Posted by 914601117 > 2016-02-29 14:30 | Report Abuse

hard to understand their business. many singaporean had disposed shares. outlook dunno. better keep cash

1009

2,016 posts

Posted by 1009 > 2016-02-29 14:34 | Report Abuse

Is lower ler... Don't buy mer?

Posted by Sebastian Sted Power > 2016-02-29 18:05 | Report Abuse

QR in red but still can declare 2sen DIV

1009

2,016 posts

Posted by 1009 > 2016-02-29 18:31 | Report Abuse

More cash in hand lo..

stteck

756 posts

Posted by stteck > 2016-02-29 19:15 | Report Abuse

More cash, but why no much interest income? 250 mil put FD 4% can earn 10mil right?

1009

2,016 posts

Posted by 1009 > 2016-02-29 19:52 | Report Abuse

2sen……close 0.56... So give u 3.5% div lo..
But him not put In FD have long la..

Alfred Aun

1,139 posts

Posted by Alfred Aun > 2016-03-01 09:59 | Report Abuse

The share price has already dropped six days consecutively. when will it rebound?

1009

2,016 posts

Posted by 1009 > 2016-03-01 10:01 | Report Abuse

Give div support , so can maintain the price have control

kennyt

37 posts

Posted by kennyt > 2016-03-01 10:04 | Report Abuse

@Stteck,

I think it's because the money is mainly deposited in Hong Kong from what I understand, where FD is close to 0, hence the money is parked in the money market instead. Sacrificing interest for easy access to the funds.

1009

2,016 posts

Posted by 1009 > 2016-03-01 15:42 | Report Abuse

Sapu few simpan

1009

2,016 posts

Posted by 1009 > 2016-03-01 16:07 | Report Abuse

Sapu to up pls...

Posted by chan8560 > 2016-03-01 16:24 | Report Abuse

ok i sapu today

1009

2,016 posts

Posted by 1009 > 2016-03-01 16:40 | Report Abuse

Good.. Up signal must back again

stteck

756 posts

Posted by stteck > 2016-03-01 17:09 | Report Abuse

@kennyt

I can't understand why the company scaricifing its interest income. by the way, I am in Finance working for a HK listed Co; we park our money in both HK and China not only for the reason for easy access to funds but also earning high interest based on commerical-terms negotiation with the bankers.

really can't understand it earned only 500K only in a quarter, with base of 270 mil cash.

Posted by bonescythe > 2016-03-02 11:18 | Report Abuse

Maybe they put inside a 6mths FD, interest not yet credited in? Haha

1009

2,016 posts

Posted by 1009 > 2016-03-02 14:01 | Report Abuse

I think all big cash income have put in at 1QR lo... So next qr baru ada power .. Hahaaa

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