Hehe just wait it come down . I think u sure can get it .Act is some1 from kps ask me to buy this share . He say this share is related to selangor water restructuring plan . Once the splash deal done . Then salcon can benefit from it . If back to 0.575 or lowest can go in again .
Investor8888 no need to so hurry . The market so soft . I think salcon can go further down . Just wait and see . Now selangor state government still not solve the water restructuring .
KUALA LUMPUR (Nov 3): Steel pipe maker Salcon Bhd is tapping into China’s e-commerce and tourism business after buying a stake in two Chinese online tourism and marketing service specialists.
In a bourse filing today, Salcon said its unit, Salcon Water International, has signed an agreement with Signcharge Ltd to acquire its entire stake in Beijing Xinlian Yitong Technology Co Ltd and Signcharge Sdn Bhd for HK$9.6 million (RM5.2 million) cash.
Hong Kong incorporated Signcharge is involved in communication technology development and consultancy. See Che Chi is its sole director, while its shareholders are Bonafidea Ltd (90%) and Datuk Mohd Nizam Tun Abdul Razak (10%).
Beijing Xinlian Yitong Technology was incorporated in China, and its principal activity is providing online tourism and marketing services in China.
The company is also the sole operator of the "Malaysian Tourism Pavilion" on the Alitrip tourism platform of Alibaba (China) Co Ltd.
Shares in Salcon closed unchanged at 60.5 sen today, giving the company a market value of RM389.8 million.
Wa salcon got so many seller better q lower leh . Guess this salcon will collapse very soon . Now guess this salcon can't go 62 cent . Maximum can touch 60.5 cent .
This stock really is 2 cent stock . Earn 2 cent can let go already . Other share price already move . Only salcon still no movement . Just wait it back to 57 cent only will buy in . So many seller at 61 .
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Arvin6
343 posts
Posted by Arvin6 > 2016-10-24 14:01 | Report Abuse
Hehe just wait it come down . I think u sure can get it .Act is some1 from kps ask me to buy this share . He say this share is related to selangor water restructuring plan . Once the splash deal done . Then salcon can benefit from it . If back to 0.575 or lowest can go in again .