Posted by Redpeople > 2017-04-04 14:43 | Report Abuse

Buy now, something gonna happen? Election play

Posted by jenabchen123 > 2017-04-04 17:33 | Report Abuse

Bravo!

Posted by jenabchen123 > 2017-04-04 22:32 | Report Abuse

Looking for 0.75 tomorrow??

Posted by OngLai88 > 2017-04-04 22:48 | Report Abuse

Business expansion and diversification. Profits coming in next quarters....TAYOR

Posted by husky88 > 2017-04-05 19:03 | Report Abuse

Gostang today?

Posted by Tham Hoe Yean > 2017-04-05 21:59 | Report Abuse

0.71 too strong to break?

Posted by golden_horse > 2017-04-05 23:11 | Report Abuse

0.71 sure to be broken...just a matter of time...

Posted by stteck > 2017-04-06 00:46 | Report Abuse

I am reading China's news and found some interesting articles related to Salcon (append below for sharing)

行业及集团展望

2016年7月国家体育总局正式印发《体育产业发展「十三五」规划》，对体育产业的发展基础与面临形势、总体要求、主要任务、重点行业和主要措施等五大方面做了系统的描述和部署。体育产业规模逐步扩大，达至「十三五」的人民币3万亿元阶段性目标已成为体育产业政策。而中国体育产业的运作已实现了自由化乃至全球化，同时高度商业化亦是大势所趋。这无疑对本集团的发展战略和目标相契合，有利于本集团在现有的平台基础上快速发展业务。

体育产业是一个庞大的产业，包含有赛事、装备、相关服务等等。但在体育产业中赛事无疑是核心中的核心，参赛及观赛都是人们享受体育最初的源动力。所以只有掌握了专业赛事，才能聚拥消费者；而只有形成一定规模的体育人群，才能将足够的消费力引入其他领域。由于本集团已经成为中国成功运营大型马拉松赛事最多的专业运营机构，本集团已充分具备优势开拓其他领域的机会。

本集团2017年将以马拉松赛事为基础，搭建以体育赛事、体育旅游、体育健康等领域的全产业链，为积聚的消费群提供更加全面的产业链服务。本集团将投放更多资源发展体育旅游、贸易等业务以及发展辅助运动产品。本集团于2017年2月27日与马来西亚上市公司Salcon Berhad的非全资附属公司Circlic Interactive Tourism Sdn. Bhd.签署合资协议，共同举办和运营马来西亚一带一路马拉松系列赛(Belt and Road Marathon Majors)项目。此次双方合作，为本集团在体育旅游板块的重要拓展。就将于中国举行的城市赛事而言，除拥有十多个已签署主要赛事外，本集团已于2017年3月与吉林省长春市体育局签署一份
协议，以组织长春国际马拉松，同时，本集团亦已成功中标山东省荣成市的荣成国际马拉松赛，两项赛事均获得独家运营权。

本集团亦会积极寻找其他中国境内和国际重要体育赛事的机会。因此，本集团将重组部分业务以释放资金配合本集团于适宜投资机会出现时的重大发展。

Posted by Tham Hoe Yean > 2017-04-06 06:40 | Report Abuse

How salcon can get profit from a one-time-off marathon I doubt, only if salcon has a long term plan to develop in sports industry. Till now Salcon doesn't tell the market how this investment generates future income. Bring in runners through alitrip perhaps?

Posted by OngLai88 > 2017-04-06 10:09 | Report Abuse

Building up the volume....preparing for take off soon.

Posted by tham hoe yean > 2017-04-06 10:22 | Report Abuse

Remain seated and fasten your seat belt... cabin cru ready to take off

Posted by jenabchen123 > 2017-04-06 12:15 | Report Abuse

Angkat lagi.......

Posted by jenabchen123 > 2017-04-07 10:10 | Report Abuse

But... war coming? Be careful for a while.

Posted by husky88 > 2017-04-07 15:46 | Report Abuse

Market likely turn green, adding now

Posted by lai81533 > 2017-04-08 01:41 | Report Abuse

Trending

Posted by husky88 > 2017-04-09 11:38 | Report Abuse

http://www.isaham.my/stock/salcon

Posted by stteck > 2017-04-10 20:18 | Report Abuse

Could someone explain what is the announcement about? 1. If this is a RPT, why only shareholder approval in general meeting is required but not extraordinary? 2. Can't understand why Salcon Australia has net AUD800K net worth but the share disposal price is 120k and only worth approx 19% of 80% net worth? 3. Why the advance payment of AUD 17 mil has no interest charge? 4. Why the acquisition price of AUD 40mil is not considered in the share disposal transaction ?

Posted by OngLai88 > 2017-04-10 20:20 | Report Abuse

On behalf of the Board of Directors of Salcon, Hong Leong Investment Bank Berhad wishes to announce that Salcon Development Sdn Bhd, a wholly-owned subsidiary of Salcon had on 10 April 2017 entered into a conditional share sale and purchase agreement with Fortune Quest Group Ltd, a wholly-owned subsidiary of Eco World International Berhad, for the proposed disposal of 80% equity interest in Salcon Development (Australia) Pty Ltd for a disposal consideration of AUD120,000 (“Proposed Disposal”).

Please refer to the attachment for further details on the Proposed Disposal.

This announcement is dated 10 April 2017.



http://www.bursamalaysia.com/market/listed-companies/company-announcements/5392421

Hope some Sifu can interpret the above announcement. Is this good for Salcon share price?

Posted by zefftan > 2017-04-10 21:58 | Report Abuse

The main thing of the announcement is the jv of 720m project. Don't be misled by the AUD120k

Last year June Salcon announced to acquire a parcel of land that costs AUD39m, they haven't pay for the land until 27/3/2017 whereby Salcon disposed the 80% of Salcon australia for AUD120k, whereby the registered the company only for AUD100. Thus, the AUD39m was paid in according to the ratio of 80% from EWI and 20% from Salcon.

GDV of the project is AUD217m, translates into RM728m, in other words , salcon get 20% of the GDV means roughly about RM145m

Posted by stteck > 2017-04-10 22:16 | Report Abuse

thanks zeff....sound like salcon is 为EWI做嫁衣。。works for EWI

Posted by Tham Hoe Yean > 2017-04-11 02:16 | Report Abuse

Better to merge 2 company into 1

Posted by OngLai88 > 2017-04-11 08:01 | Report Abuse

Thanks zeftan for the explanation. It is good that Salcon is benefitting from the jv with EWI

Posted by bursa36 > 2017-04-11 09:09 | Report Abuse

GDV of RM145m is just gross amount, I think the profit attributable to salcon wont be significant to salcon eps with 665m of shares

Posted by OngLai88 > 2017-04-11 09:46 | Report Abuse

EWI to buy 80% stake in Salcon Australia

http://www.thestar.com.my/business/business-news/2017/04/11/ewi-to-buy-80-stake-in-salcon-australia/

Posted by bursa36 > 2017-04-11 09:56 | Report Abuse

Eco World Sydney Development Pte Ltd, a wholly owned subsidiary of EWI, will also be appointed as the development manager for the project, which will, in turn, generate a new fee-based income stream for the EWI group.

I guess will see share of loss instead of profit at initial stage of the development. Is Australia adopt build then sell concept?

Posted by stteck > 2017-04-11 10:51 | Report Abuse

如果salcon能成功摆脱水务业务的主要依赖，而从Alibaba、petroleum 和VBT获益；另一个巅峰状态指日可待……

Posted by keyin > 2017-04-11 13:30 | Report Abuse

一夥等待发光发亮的星星

Posted by cutie > 2017-04-11 13:51 | Report Abuse

Later they might buy a controlling stake in salcon.
In the past there are rumours . Maybe this time is real coz salcon is worth to buy at this price

Posted by stteck > 2017-04-11 14:18 | Report Abuse

EWI acquiring stakes in Salcon's unit is the first precedent move, can be followed by Eco Mid Town and Belfield Crest later on....

Posted by keyin > 2017-04-11 14:27 | Report Abuse

Better limit up lor

Posted by William > 2017-04-11 15:14 | Report Abuse

lol... hope so

Posted by bursahunter > 2017-04-12 17:59 | Report Abuse

good news to goreng but also dint goreng...means bye bye

Posted by tham hoe yean > 2017-04-12 18:43 | Report Abuse

Only Ecoworld International will gain the credit with good news, nobody will notice Salcon's hidden value

Posted by stteck > 2017-04-12 19:17 | Report Abuse

This counter always very dramatic and tricky. Always open high but close low. Look at the daily bid and ask price, obviously can sense a group of special ppl is speculating this count to trap genuine investors. Trade cautious and trade smart

Posted by bursa36 > 2017-04-12 19:27 | Report Abuse

Salcon has no say on the development of the land now coz only own 20%. Why not sell 100% or JV 50:50. Property development takes time to complete, somemore build n sell concept. Have to hold for some time, can't goreng unless Splash drag no more. Anyway already increase 10c, oklah

Posted by husky88 > 2017-04-12 20:54 | Report Abuse

Time to collect.

Posted by StockReseacher > 2017-04-17 11:55 | Report Abuse

Let the results to tell.. This is definitely a long run counter. Those unfavourable news / dragging factors had been digested over the past 2 years. They are only left with project execution risk for projects. Other than that, not so much worries arise at the current moment.

Posted by RedEagle > 2017-04-22 00:37 | Report Abuse

Silent..... Collect slowly..

Posted by agcnazriadam > 2017-04-23 08:22 | Report Abuse

Buy some more...

Posted by Chanyut Sappinit > 2017-04-28 09:56 | Report Abuse

Share dividen anouce..1:18

Posted by mhelmi80 > 2017-04-28 11:14 | Report Abuse

what it means?

Posted by Chanyut Sappinit > 2017-04-28 14:11 | Report Abuse

You hold existing 18 share you will get free 1 share. When ext date

Posted by Tham Hoe Yean > 2017-04-29 17:29 | Report Abuse

Means we will get some odd lot…

Posted by stteck > 2017-04-30 00:57 | Report Abuse

Could be exact lot of 1:18, no odd lot given

Posted by stteck > 2017-05-01 23:55 | Report Abuse

just spent a good day reading the AR, do not feel optimistic when noticed if without the disposal of discontinued operation assets, salcon is actually incurred net operating losses even though with profits generated from langat 2. cheers and good night.

Posted by keyin > 2017-05-03 21:25 | Report Abuse

Collect for dividen.

Posted by Chanyut Sappinit > 2017-05-04 07:10 | Report Abuse

Buy now..if share price did not drop lower. .. consider you get about 5% dividen..not bad

Posted by tham hoe yean > 2017-05-04 19:09 | Report Abuse

dividen not in cash form but share, so how to know its 5%?

Posted by sctan > 2017-05-04 19:24 | Report Abuse

assume salcon share price =0.6
1/18x1000=55(round off)
55*0.6=33.33
1000 shares you get RM33 worth of salcon share,
33/600= 5%

Posted by keyin > 2017-05-04 20:01 | Report Abuse

Well done!