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

jenabchen123

1,219 posts

Posted by jenabchen123 > 2016-03-16 23:29 | Report Abuse

Then up we go!

cutie

1,690 posts

Posted by cutie > 2016-03-17 09:19 | Report Abuse

LETS BUY UP THIS SHARE.

lobster

58 posts

Posted by lobster > 2016-03-17 10:43 | Report Abuse

Bought 1300lots at 0.57 n contra all at 0.60 n 0.605 yesterday... Hope to repeat history once more this week :)

cutie

1,690 posts

Posted by cutie > 2016-03-17 11:32 | Report Abuse

wah...sold the highest.

lobster

58 posts

Posted by lobster > 2016-03-17 12:08 | Report Abuse

Only 400lots sold at highest... D rest at 0.60 :)

cutie

1,690 posts

Posted by cutie > 2016-03-17 16:30 | Report Abuse

You buying back, lobster? seems like it is not going to go down. I think it is going to go up.

lobster

58 posts

Posted by lobster > 2016-03-17 17:07 | Report Abuse

Yep, i q for 0.57 again but no deal :(

lobster

58 posts

Posted by lobster > 2016-03-17 17:21 | Report Abuse

I use maybank online trading platform... Very good can parked d queue for a few weeks before expiry :)

supermix2

1,069 posts

Posted by supermix2 > 2016-03-18 13:18 | Report Abuse

mama loves papa here.

cutie

1,690 posts

Posted by cutie > 2016-03-18 20:33 | Report Abuse

58.5 also cannot get.

supermix2

1,069 posts

Posted by supermix2 > 2016-03-18 22:37 | Report Abuse

next week it will be more than 60 cents, that's for sure.

supermix2

1,069 posts

Posted by supermix2 > 2016-03-20 20:38 | Report Abuse

Company keep buying and supporting at a higher price, so investing in this counter will reap good returns, that's for sure....my target 80 cents.

jenabchen123

1,219 posts

Posted by jenabchen123 > 2016-03-21 00:15 | Report Abuse

Keep moving up, keep moving up!

supermix2

1,069 posts

Posted by supermix2 > 2016-03-21 01:41 | Report Abuse

jenabchen123 Keep moving up, keep moving up!
21/03/2016 00:15


Don't worry friend, it will move up slowly, just stay focus and you will be rewarded too.

asriruslan

2,081 posts

Posted by asriruslan > 2016-03-21 09:07 | Report Abuse

The support and resistance level of SALCON are 0.585 and 0.62 respectively. It is observed that the MACD line of SALCON is above the centreline indicating some degree of strength in the price movement.

cutie

1,690 posts

Posted by cutie > 2016-03-21 09:44 | Report Abuse

59.5 also cannot get..

travoltakeong

1,502 posts

Posted by travoltakeong > 2016-03-21 10:01 | Report Abuse

Today's TP 0.60 and above.....

travoltakeong

1,502 posts

Posted by travoltakeong > 2016-03-21 10:03 | Report Abuse

Accumulate as much as you can....This counter has very good potential......

jenabchen123

1,219 posts

Posted by jenabchen123 > 2016-03-21 10:53 | Report Abuse

Good call. Salcon, the water counter is making its move!

cutie

1,690 posts

Posted by cutie > 2016-03-21 10:57 | Report Abuse

Now 60 sen also cant get.....have to wait.

Posted by chan8560 > 2016-03-22 01:59 | Report Abuse

upupup to 0.62

cutie

1,690 posts

Posted by cutie > 2016-03-22 10:15 | Report Abuse

court case? serious case?

sheep

3,844 posts

Posted by sheep > 2016-03-22 10:49 | Report Abuse

no wonder stock not moving...sell

cutie

1,690 posts

Posted by cutie > 2016-03-22 11:12 | Report Abuse

kenal 60 sen already...cut loss

travoltakeong

1,502 posts

Posted by travoltakeong > 2016-03-22 14:24 | Report Abuse

why worry about the court case......company is not going bankrupt .....Opportunity to buy on weakness...

stteck

756 posts

Posted by stteck > 2016-03-22 16:13 | Report Abuse

KPS venturing into water sector, does not sound good to Salcon.....

kakashit

1,472 posts

Posted by kakashit > 2016-03-23 09:49 | Report Abuse

Salcon does non revenue water piping project, yeah.

DaitoRyu

1,459 posts

Posted by DaitoRyu > 2016-03-23 16:17 | Report Abuse

Luqman, I don't doubt your cause, but that blog is a bit disjointed and incomprehensible. I couldn't make a decision on that. I will await the result of the court case before making a final decision. I wish you luck.

Arefiq84

107 posts

Posted by Arefiq84 > 2016-03-25 14:41 | Report Abuse

Definately on uptrend...relax guys it just a hiccup...will move up soon...

travoltakeong

1,502 posts

Posted by travoltakeong > 2016-03-26 10:21 | Report Abuse

Uptrend if it breaks 0.065.....

Posted by bonescythe > 2016-03-28 22:55 | Report Abuse

Strong moving upwards.. steady like rock

tkhe1313

179 posts

Posted by tkhe1313 > 2016-03-29 01:20 | Report Abuse

Nice

jenabchen123

1,219 posts

Posted by jenabchen123 > 2016-03-29 11:58 | Report Abuse

When is Salcon time?? Salcon needs to fly....

travoltakeong

1,502 posts

Posted by travoltakeong > 2016-03-30 11:14 | Report Abuse

BUY CALL...Sapu anything below 0.63...

Resistance Level (R3) = 0.6100
Resistance Level (R2) = 0.6050
Resistance Level (R1) = 0.6000

Pivot Point = 0.5950

Support Level (S1) = 0.5900
Support Level (S2) = 0.5850
Support Level (S3) = 0.5800

nkk53

1,426 posts

Posted by nkk53 > 2016-04-04 13:32 | Report Abuse

Dun waste time and money in loss making counter

Posted by bonescythe > 2016-04-05 01:15 | Report Abuse

Salcon - Uprising Water Dragon
http://bonescythe.blogspot.my/2016/04/salcon-uprising-water-dragon.html

asriruslan

2,081 posts

Posted by asriruslan > 2016-04-05 09:04 | Report Abuse

SALCON has been trading above its upward sloping 20-Day Moving Average which is a good sign. The support and resistance level of SALCON are 0.585 and 0.61 respectively. The indicator analysis on RSI is not exhibiting any extreme condition. Watch out for the 30% and 70% levels which indicate any oversold and overbought condition respectively.

Posted by klsetechwiz > 2016-04-05 09:14 | Report Abuse

Salcon once break RM 0.61 will see a good uptrend

Posted by bonescythe > 2016-04-05 09:19 | Report Abuse

Selangor state government gonna announce winner soon for water treatment plant project :D

OngLai88

1,234 posts

Posted by OngLai88 > 2016-04-05 09:25 | Report Abuse

Tq bones, buy Salcon

Posted by bonescythe > 2016-04-05 09:45 | Report Abuse

Kick is coming in strong!!

jenabchen123

1,219 posts

Posted by jenabchen123 > 2016-04-05 12:35 | Report Abuse

Salcon busy buying back shares........

jenabchen123

1,219 posts

Posted by jenabchen123 > 2016-04-05 12:38 | Report Abuse

Both the buy back activity from company and shareholder will continue to outline the confidence of the director and major shareholder in the underlying project and upcoming prospect of the company in the future.

Salcon will also be looking to see a finalization in the asset disposal in China at the end of April 2016. The completion of the disposal see Salcon significantly lighter by RM 138 million of debts, while cash will increase to near RM 300 million.

cutie

1,690 posts

Posted by cutie > 2016-04-05 15:33 | Report Abuse

It is bonescythe recommendation that Salcon move up today but 1 sen only. Maybe later or tomorrow will move higher after bonescythe article. Still cheap at 61

travoltakeong

1,502 posts

Posted by travoltakeong > 2016-04-05 17:37 | Report Abuse

Resistance Level (R3) = 0.6350
Resistance Level (R2) = 0.6250
Resistance Level (R1) = 0.6200

Pivot Point = 0.6100

Support Level (S1) = 0.6050
Support Level (S2) = 0.5950
Support Level (S3) = 0.5900

Posted by Zhuge Liang > 2016-04-06 16:02 | Report Abuse

run !!!!

asriruslan

2,081 posts

Posted by asriruslan > 2016-04-07 09:24 | Report Abuse

SALCON has been trading above its upward sloping 20-Day Moving Average which is a good sign. However the upward movement has encountered resistance at the level of 0.62. Traders should pay special attention to the price and volume behavior in order to determine whether this resistance level can be broken decisively for SALCON to resume its upward movement. The indicator analysis on RSI is not exhibiting any extreme condition. Watch out for the 30% and 70% levels which indicate any oversold and overbought condition respectively.

OngLai88

1,234 posts

Posted by OngLai88 > 2016-04-07 15:02 | Report Abuse

You advise should not invest in Salcon?

indiaman

13 posts

Posted by indiaman > 2016-04-08 14:48 | Report Abuse

Dear Luqman, pls share with us how bad is Salcon's management? I have some investment in this counter too

travoltakeong

1,502 posts

Posted by travoltakeong > 2016-04-08 17:57 | Report Abuse

Very close......this counter will fly.....


Resistance Level (R3) = 0.6283
Resistance Level (R2) = 0.6217
Resistance Level (R1) = 0.6183

Pivot Point = 0.6117

Support Level (S1) = 0.6083
Support Level (S2) = 0.6017
Support Level (S3) =0.5983

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