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 Terrence Foo > 2016-05-17 13:10 | Report Abuse

bought at 0.63 huhu

Arvin6

342 posts

Posted by Arvin6 > 2016-05-26 11:33 | Report Abuse

Haha .. today no need to buy this salcon . Tomorrow after ex the dividend it will go more cheap . Will monitor this salcon when it touch 5x cent only will buy this share . Wait for it ..

Posted by Mohd Fahmi Bin Jaes > 2016-05-26 18:48 | Report Abuse

bought 0.630 sure down 0.60
net profit negative

Arvin6

342 posts

Posted by Arvin6 > 2016-05-26 22:28 | Report Abuse

Tomorrow this salcon will go back to 5x cent .. wait and see . Don't buy 1st .. again a red result . Good luck to who already buy this share .

cutie

1,690 posts

Posted by cutie > 2016-05-26 23:55 | Report Abuse

they already expected this result coz they sold off their business in china and expecting a foriegn exchange loss. Buy if it goes down. I dont think it will go down to 60 sen. I am waiting to buy at 60 sen tomorrow.

stteck

756 posts

Posted by stteck > 2016-05-27 00:22 | Report Abuse

Hi cutie mind to share what's your strategy? Wonder you still want to go in for this loss making counter?

Rica7894

165 posts

Posted by Rica7894 > 2016-05-27 08:40 | Report Abuse

2Q16: A strong recovery in earnings in the quarter ahead.

-Salcon reported a core loss in 1Q16 (excluding forex losses).

-Expects 2Q16 to be a blowout quarter due to:

>>>> gains from China water assets divestment with an estimated RM30m-35m net gain;

>>>>strongly return to profitability on the back of progress billings;

>>>>the impact from potential forex gains due to the recent weakening of the RM could also further boost bottomline.

-Management guided that the operating losses from property development are bound to turn around in 2H16, backed the Res280 project in Selayang.

-1Q16 net cash stood at a healthy RM163m (US$44.5m) – RM0.25/share or 38% of market cap.

-For FY16-17F, dividend yield of 5-6%.

cutie

1,690 posts

Posted by cutie > 2016-05-27 09:25 | Report Abuse

thank you for pushing down....slowly buying ...heheheee

sheep

3,844 posts

Posted by sheep > 2016-05-27 09:35 | Report Abuse

you buy you die...wakaka. let it go down sum more next week.

cutie

1,690 posts

Posted by cutie > 2016-05-27 09:37 | Report Abuse

look at the medium term lah....so many projects and cash rich and some more china sales gain....58 sen...where to get...support at 56,will buy more at 56

hng33

19,981 posts

Posted by hng33 > 2016-05-27 09:44 | Report Abuse

Bought Salcon at 57.5sen

hng33

19,981 posts

Posted by hng33 > 2016-05-27 10:51 | Report Abuse

Sold back Salcon at 59sen, reap fast contra profit first

Posted by Terrence Foo > 2016-05-27 12:44 | Report Abuse

mmm bought at 0.63

stteck

756 posts

Posted by stteck > 2016-05-27 14:18 | Report Abuse

Rica, generally do not disagree with the above catalyst, but the same statement has been repeated for, as far as I know, 4 years.... yet the stock price still below 60 cents

sheep

3,844 posts

Posted by sheep > 2016-05-27 14:24 | Report Abuse

You believe them, you sure kena trapped kaw kaw...
Sell, Sell

"Salcon among biggest proxies for water infra play"

http://www.thestar.com.my/business/business-news/2016/05/27/salcon-among-biggest-proxies-for-water-infra-play/

hng33

19,981 posts

Posted by hng33 > 2016-05-27 14:56 | Report Abuse

Bought back Salcon at 58sen

hacker

12 posts

Posted by hacker > 2016-05-27 15:01 | Report Abuse

faster sell to me, I want more.

cutie

1,690 posts

Posted by cutie > 2016-05-27 15:11 | Report Abuse

me too, i want too.

Posted by dumbtrader > 2016-05-28 10:38 | Report Abuse

Report loss 300% !! My God ... Shall I cut lost next Monday ?

Posted by nicholai1983 > 2016-05-28 10:42 | Report Abuse

no need worry. salcon is expanding now, using a lot money. that why u all see lost on paper

Posted by nicholai1983 > 2016-05-28 10:42 | Report Abuse

..

kakashit

1,472 posts

Posted by kakashit > 2016-05-29 19:30 | Report Abuse

Wow, 11m Ringgit of forex loss, I scared no

Arvin6

342 posts

Posted by Arvin6 > 2016-05-30 11:24 | Report Abuse

This salcon suka suka report loss money . Really worry . After dispose China water business also no any dividend to pay out . Better to find some dividend stock . Will try to trade when salcon can touch 50cent .

stteck

756 posts

Posted by stteck > 2016-05-30 12:22 | Report Abuse

Agree with Arvin. Bidding 2 bil contracts with 40% is grand mother old story already yet seems nothing is happened. Water stocks like MMC, engtex Azrb have already pocket multi bil contracts leaving peanut contract for salcon to bid. Doubt after RES 280 is complete, what else salcon can do?

Posted by Terrence Foo > 2016-05-30 13:10 | Report Abuse

no movement today ?

chinaman

3,256 posts

Posted by chinaman > 2016-05-30 14:27 | Report Abuse

we must look forward that USD will be stronger vs MYR with june, july2016 USA FED rise in interest rate. current paper loss on foreign exchange is unrealised or paper loss with no cash effect. Salcon with USD deposit cash have this artificial loss but will turn dramatically when USD strengthen again

GoldenShares

3,538 posts

Posted by GoldenShares > 2016-05-30 17:04 | Report Abuse

well said, chinaman, : )

Posted by Kang Yang Lai > 2016-06-02 10:24 | Report Abuse

Good morning...why is the stock "untraded/suspended" for today?
TQ

Posted by tham hoe yean > 2016-06-02 10:59 | Report Abuse

any news to announce soon?

Arvin6

342 posts

Posted by Arvin6 > 2016-06-03 12:25 | Report Abuse

No news . And no trading . It look like a trap . No seller .. maybe some one waiting big buyer then will sell kao kao ..

kakashit

1,472 posts

Posted by kakashit > 2016-06-03 20:09 | Report Abuse

Aiyo Salcon keeps share buyback I also cannot collect the shares

hng33

19,981 posts

Posted by hng33 > 2016-06-08 11:30 | Report Abuse

Sold back salcon at 60.5sen, lock in profit, free up capital first

Arvin6

342 posts

Posted by Arvin6 > 2016-06-08 15:27 | Report Abuse

This salcon will go back to lowest price soon . . Look like push up the price to trap ppl .. don't hope it will back to 68cent level .

chinaman

3,256 posts

Posted by chinaman > 2016-06-08 19:33 | Report Abuse

Secure new EPCC order from Terengganu/ Johor worth myr232Million

crystal168

1,663 posts

Posted by crystal168 > 2016-06-08 21:33 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5119289

Salcon Berhad ("Salcon" or "the Company")
(1) Letter of Award dated 8 June 2016 from Konsortium Amanie JV Sdn Bhd
(2) Letter of Acceptance dated 6 June 2016 from Pengurusan Aset Air Berhad

crystal168

1,663 posts

Posted by crystal168 > 2016-06-08 21:35 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5118001

Date Announced 07 Jun 2016
Category Notice of Shares Buy Back Immediate Announcement
Reference Number SB1-07062016-00008

crystal168

1,663 posts

Posted by crystal168 > 2016-06-08 21:35 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5116869

Date Announced 06 Jun 2016
Category Notice of Shares Buy Back Immediate Announcement
Reference Number SB1-06062016-00006

crystal168

1,663 posts

Posted by crystal168 > 2016-06-08 21:38 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5111177

Date Announced 31 May 2016
Category Notice of Shares Buy Back Immediate Announcement
Reference Number SB1-31052016-00012

crystal168

1,663 posts

Posted by crystal168 > 2016-06-08 21:39 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5109281

Date Announced 30 May 2016
Category Notice of Shares Buy Back Immediate Announcement
Reference Number SB1-30052016-00019

Arvin6

342 posts

Posted by Arvin6 > 2016-06-09 09:07 | Report Abuse

After announce good news share price also no shoot up .. that mean this salcon will back to 5x cent again . Don't buy now .. wait and see .

GoldenShares

3,538 posts

Posted by GoldenShares > 2016-06-09 11:19 | Report Abuse

sold all at 0.63 - 0.635 (cost 0.58), locked in profit, free up capital, : )

stteck

756 posts

Posted by stteck > 2016-06-09 12:37 | Report Abuse

completely indifferent announcement hahaha

Posted by tham hoe yean > 2016-06-09 13:58 | Report Abuse

this project not big enough in scale I guess.

Up_down

4,305 posts

Posted by Up_down > 2016-06-09 15:19 | Report Abuse

It seems project is started flowing into Salcon. Collect some ad hope to earn coffee money.

stteck

756 posts

Posted by stteck > 2016-06-10 11:15 | Report Abuse

Back to square hahaha...

Arvin6

342 posts

Posted by Arvin6 > 2016-06-10 12:51 | Report Abuse

Run.. run .. sell ..sell before this salcon back to 5x cent .. will buy this salcon when it back to 50cent ..

novice77

110 posts

Posted by novice77 > 2016-06-16 11:41 | Report Abuse

I didn't notice any announcement but I received an email yesterday saying that Salcon has transferred dividend money into my bank account. 2 cents per share.

stteck

756 posts

Posted by stteck > 2016-06-24 13:20 | Report Abuse

time to buy in again.....

stteck

756 posts

Posted by stteck > 2016-06-25 14:13 | Report Abuse

Salcon has investment in solar power biz in the UK, hopefully the biz is not affected by the Brexit, but definitely can't get rid from the deep dive of Pound currency...sigh

stteck

756 posts

Posted by stteck > 2016-06-30 23:47 | Report Abuse

http://www.commercialrealestate.com.au/property/16-22-claremont-street-south-yarra-vic-3141-2012792355

VISTA - SOUTH YARRA'S NEW MIXED USE LANDMARK

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Premium permit approved for 336 apartments, designed by renowned firm Fender Katsalidis Architects

Located in Melbourne's most successful apartment precinct underwritten by direct access to high quality retail, lifestyle, educational and transport amenity

Unrivalled access to Chapel Street retail strip, Woolworths supermarket and popular South Yarra Train Station

Imposing site area of 2,125sqm* with massive dual frontages to both Claremont and Daly Streets

CBRE CITY SALES MELBOURNE
MARK WIZEL
+61 409 809 868

LEWIS TONG
+61 422 848 838

In conjunction with Colliers
TRENT HOBART
+61 433 196 452

JOHN MARASCO
+61 412 211 033

*approx

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