Posted by bonescythe > 2016-04-11 11:57 | Report Abuse

ding ding ding...

Posted by janggut > 2016-04-11 11:58 | Report Abuse

Salcon is coming..its break theresistence...more to come..

Posted by cutie > 2016-04-11 12:00 | Report Abuse

Bone, can still buy at this price? 62.5?

Posted by OngLai88 > 2016-04-11 12:04 | Report Abuse

Just start to move. Gogogo

Posted by bonescythe > 2016-04-11 12:13 | Report Abuse

Gonna crack

Posted by tklim > 2016-04-11 12:15 | Report Abuse

can crack 1.30 kah?

Posted by bonescythe > 2016-04-11 12:23 | Report Abuse

so powerful ah? Crack till 1.30 ?

Posted by Alfred Aun > 2016-04-11 12:24 | Report Abuse

Hope the share price can reach 0.650 today.

Posted by jenabchen123 > 2016-04-11 12:28 | Report Abuse

Keep moving, keep moving!

Posted by bonescythe > 2016-04-11 14:56 | Report Abuse

Solid!

Posted by 1009 > 2016-04-11 15:01 | Report Abuse

Support ...

Posted by monreyes > 2016-04-11 15:30 | Report Abuse

whats the immediate TP

Posted by piggybank > 2016-04-11 15:57 | Report Abuse

engines starting

Posted by monreyes > 2016-04-11 17:10 | Report Abuse

tomorrow up

Posted by Zhuge Liang > 2016-04-11 22:10 | Report Abuse

one day up many many days down.... cannot trust la this counter...

Posted by jenabchen123 > 2016-04-12 01:39 | Report Abuse

Tomorrow sure open straight 0.64 and climb... No one sell at 0.63.....

Posted by OngLai88 > 2016-04-12 08:56 | Report Abuse

Looks like can up again today.

Posted by bonescythe > 2016-04-12 09:44 | Report Abuse

touch 65 ad

Posted by bonescythe > 2016-04-12 09:45 | Report Abuse

Boom cha cha

Posted by OngLai88 > 2016-04-12 09:49 | Report Abuse

Good stock. Can go more higher.

Posted by cutie > 2016-04-12 09:52 | Report Abuse

Bone, you are very accurate in predicting share movement.

Posted by jenabchen123 > 2016-04-12 09:55 | Report Abuse

All aboard! Cho cho cho cho cho......

Posted by monreyes > 2016-04-12 09:56 | Report Abuse

come 68...

Posted by jenabchen123 > 2016-04-12 09:58 | Report Abuse

Good volume for the spike this morning.

Posted by travoltakeong > 2016-04-12 09:58 | Report Abuse

Very close ...set to take off.....

Resistance Level (R3) = 0.6600
Resistance Level (R2) = 0.6550
Resistance Level (R1) = 0.6500

Pivot Point = 0.6450

Support Level (S1) = 0.6400
Support Level (S2) = 0.6350
Support Level (S3) = 0.6300

Posted by jenabchen123 > 2016-04-12 10:04 | Report Abuse

Water projects coming out ke?

Posted by 1009 > 2016-04-12 10:04 | Report Abuse

Wait him so long liao, now have broken up 0.655.. Good

Posted by jenabchen123 > 2016-04-12 10:05 | Report Abuse

Bones, your short term TP too low......

Posted by bonescythe > 2016-04-12 10:10 | Report Abuse

Next one 70

Posted by jenabchen123 > 2016-04-12 10:13 | Report Abuse

That sounds better with such jump this morning.

Posted by monreyes > 2016-04-12 10:19 | Report Abuse

Salcon Bhd shares rose 2.40% this morning after Hong Leong IB Research said it expects 2016 to be a turnaround year for the company, backed by solid balance sheet and domestic growth catalysts.

At 9.34am, Salcon rose 1.5 sen to 64 sen with 2.03 million shares done.

In a note today, the research house said it expects a strong EPS CAGR of 90% from FY15-17, largely be driven by the acceleration of progress billings from the RM600 million orderbook (big chunk from Langat 2 Water Treatment Plant), maiden contributions from Volsbahn Technologies S/B and profit recognition from rés28 in Selayang upon its full completion.

HLIB Research said Salcon is currently bidding a total tender book over RM2.2 billion (80% domestic and 20% overseas) with management's target of a 20-30% success rate.

“We derive our target price of 84 sen based on peers’ comparison P/B of 0.99 on latest BVPS of 85 sen, supported by strong netcash/share of 29.5 sen (47% of share price) and attractive DY of 5.6%.

“The recent decisive downtrend line breakout is expected to lift share prices further towards 73 sen-78 sen in the medium to long term, supported by bullish indicators.

“Key supports are 58 sen-60.5 sen. Cut loss at 57.5 sen,” it said.

Posted by tklim > 2016-04-12 11:02 | Report Abuse

haiyaaa......sliding down again.....sold all oredy......bye-bye...

Posted by Anyone > 2016-04-12 15:20 | Report Abuse

still have time to buy ??

Posted by alibabacoming > 2016-04-12 15:25 | Report Abuse

apa cerita sini

Posted by Wiwangwang > 2016-04-12 21:06 | Report Abuse

Now this super dry season will start with the water themes . At this moment Federal government will replace the old pipes when start rationing water in few state . Guess salcon will benefit from it . Today KPS also start moving because they also is NRW player .

Posted by kakashit > 2016-04-12 21:21 | Report Abuse

Gonghei gonghei

Posted by travoltakeong > 2016-04-13 09:19 | Report Abuse

hmmmm......consolidating.......

Posted by Alfred Aun > 2016-04-13 10:12 | Report Abuse

Just sold all, take my profit first.

Posted by arvin6 > 2016-04-13 10:29 | Report Abuse

Salcon faster go up to 70cent .. Show time ...

Posted by cutie > 2016-04-13 16:07 | Report Abuse

sold 66.5 ....will buy back if it get through 68.

Posted by cutie > 2016-04-13 16:13 | Report Abuse

everytime i sold my share, they go up. I wait for profit taking to buy back

Posted by 1009 > 2016-04-13 18:06 | Report Abuse

keep keep la.. Don't sell so fast !!

Posted by Jiah Chee > 2016-04-13 21:06 | Report Abuse

is it time to buy??

Posted by jenabchen123 > 2016-04-14 01:05 | Report Abuse

Stock with momentum!

SHARES of Salcon Bhd (Fundamental: 1.75/3, Valuation: 2.2/3) triggered our momentum algorithm for the first time this year. The counter rose as much as 4 sen or 6.4% to an intraday high of 66.5 sen before closing at 65.5 sen yesterday, with some 13.13 million shares changing hands. Its 200-day average volume was at 2.41 million shares.

The water and wastewater engineering company saw its net profit widen to RM6.45 million in the fourth quarter ended Dec 31, 2015 (4QFY15), from RM5.29 million in the previous year as revenue from constructions division fell. Revenue fell 40.43% to RM59.53 million from RM99.93 million.

For FY15, Salcon’s net profit grew 20.61% to RM5.56 million from RM4.61 million a year earlier, attributed by the unrealised gains on foreign exchange. Revenue, however, fell 35.53% to RM125.37 million from RM194.47 million.

The stock currently trades at a trailing 12-month P/E of 74.72 times and is at 0.77 times book value.

Posted by jenabchen123 > 2016-04-14 01:06 | Report Abuse

Look at the buying queue..... It is wonderful for Salcon to built solid base at that price.

Posted by jenabchen123 > 2016-04-14 01:08 | Report Abuse

Happy queuing!

Posted by asriruslan > 2016-04-14 10:02 | Report Abuse

profit taking

Posted by janggut > 2016-04-14 21:28 | Report Abuse

Tomorrow will climb again after profit taking..

Posted by janggut > 2016-04-15 15:42 | Report Abuse

Salcon coming...tp 84 sen....

Posted by travoltakeong > 2016-04-15 15:47 | Report Abuse

good luck