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 17 hours ago

phyroxus

683 posts

Posted by phyroxus > 2017-11-29 20:00 | Report Abuse

been conned by this salcon many times. up little down more.

Posted by tham hoe yean > 2017-12-05 19:22 | Report Abuse

another 3 months to wait?!? or just quit now?

Posted by akulamatata > 2017-12-06 22:05 | Report Abuse

Nobody can anwer u,study uself,cant denied this counter need sometime to sparkling good,once it come,u wldnt get this price anymore

kaninama

171 posts

Posted by kaninama > 2017-12-12 21:20 | Report Abuse

going to fly soon.target 80cent.stay tuned.

Calvin882

1,562 posts

Posted by Calvin882 > 2017-12-14 19:08 | Report Abuse

Significant contract is on the card

husky88

698 posts

Posted by husky88 > 2017-12-17 13:04 | Report Abuse

Year end holiday, nobody visit salcon forum .

Posted by hazeeqazmi > 2017-12-17 13:45 | Report Abuse

Salcon : Dragonfly, Momentum uptrend. Fibonacci rebound on support. Result : Go go go!!!

husky88

698 posts

Posted by husky88 > 2017-12-17 13:47 | Report Abuse

Haha, hopefully

Posted by StockAlliace > 2017-12-17 14:26 |

Post removed.Why?

Posted by Tham Hoe Yean > 2017-12-18 13:55 | Report Abuse

Salcon secured a 75:25 jv job in Vietnam cost 77mil

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-12-18 15:11 | Report Abuse

25% of this new contract very small amount. Not much outstanding share too much, always earn very less money.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-12-18 16:41 | Report Abuse

around 20 millions contract win actually, with profit assume 10% probably get around 2 millions profit.. what so big deal >?!

Calvin882

1,562 posts

Posted by Calvin882 > 2017-12-18 17:09 | Report Abuse

Ha ha, 2 millions profit is still profit right?

stteck

756 posts

Posted by stteck > 2017-12-18 19:06 | Report Abuse

haha yeah, sometimes we tend to forget money are hard earned , not dropping from sky. 2 mil is little lol

Posted by Tham Hoe Yean > 2017-12-18 20:34 | Report Abuse

More to come

keyin

2,150 posts

Posted by keyin > 2017-12-18 20:42 | Report Abuse

Important is profit not loss.

Posted by chemicalgarbage > 2017-12-18 21:34 | Report Abuse

tham hoe yean.. salcon got more job ?

stteck

756 posts

Posted by stteck > 2017-12-20 21:36 | Report Abuse

Okay ....no matter work how hard, 3 million lawsuit expense to be provided in last qtr. Iike that negative / loss result can be foreseen already. Good luck to all of us.

husky88

698 posts

Posted by husky88 > 2017-12-20 21:46 | Report Abuse

Stteck, confirm loss in court case?

stteck

756 posts

Posted by stteck > 2017-12-20 22:09 | Report Abuse

As announced, expenses provided first then reverse next year if not loss.

keyin

2,150 posts

Posted by keyin > 2017-12-20 22:14 | Report Abuse

So, no hope again?

Posted by akulamatata > 2017-12-20 22:16 | Report Abuse

No loss yet, they will appear

Posted by akulamatata > 2017-12-20 22:31 | Report Abuse

Appeal

stteck

756 posts

Posted by stteck > 2017-12-21 00:27 | Report Abuse

provision Normally made based on probability of the outcome. make provision means probability of losing case is high.

Posted by Tham Hoe Yean > 2017-12-21 08:01 | Report Abuse

Bad news all out and everyone sell like no tomorrow. Big boy accumulating from the sell down at all time low level 0.40+… then you know what will happen next

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-12-21 08:27 | Report Abuse

Just look at its PE....then you should able to judge its valuation is fair or not.

Posted by akulamatata > 2017-12-21 09:36 | Report Abuse

Hold it,base fr this two day performance,something brewing now,insider should know early abt the court case but the counter still keep rise

husky88

698 posts

Posted by husky88 > 2017-12-21 13:56 | Report Abuse

PETALING JAYA: Salcon Bhd’s wholly owned subsidiary Salcon Engineering Bhd, which will be appealing to the Court of Appeal in relation to its lawsuit against Terra Environment Management Sdn Bhd, could see a potential liability of RM3 million from the litigation.

“A total of RM3 million will be provided for in the audited financial statements for the financial year ending Dec 31, 2017 in respect of above litigation,” the group explained on the financial impact that could arise from the suit.

However, Salcon Engineering could see positive financial impact for the financial year ending Dec 31, 2018, should it be successful in its appeal.

The judgement ruled against Salcon Engineering was in relation to a sewer pipes project awarded to Terra, for which the former is looking to appeal.

Terra sought RM2.31 million via a writ of summons claim filed in November 2015 on the basis of being underpaid for works completed as per the agreement.

The project based in Kota Kinabalu involved high power water jetting (HPWJ) cleaning, CCTV inspection work and non-dig repair works.

Salcon’s share price was unchanged at 46 sen with some 1.02 million shares done.

husky88

698 posts

Posted by husky88 > 2017-12-29 20:17 | Report Abuse

Dark horse 2018? Splash deal can over?

novice88

28 posts

Posted by novice88 > 2017-12-30 18:51 | Report Abuse

Anybody knows when is the next court lawsuit case of 3mil?

Posted by tham hoe yean > 2018-01-02 17:22 | Report Abuse

moving up finally

Posted by akulamatata > 2018-01-02 23:58 | Report Abuse

This counter is 2018 dark horse, once result start show positive,price easily up kao kao

OngLai88

1,234 posts

Posted by OngLai88 > 2018-01-03 09:39 | Report Abuse

Some movement & activity detected....new year new hope for Salcon.

husky88

698 posts

Posted by husky88 > 2018-01-04 19:31 | Report Abuse

Stteck, why your link cant open?

stteck

756 posts

Posted by stteck > 2018-01-04 20:21 | Report Abuse

husky? try without "m."

Posted by Tham Hoe Yean > 2018-01-04 20:45 | Report Abuse

What is that error post is all about?

husky88

698 posts

Posted by husky88 > 2018-01-04 21:05 | Report Abuse

Also cant open.

stteck

756 posts

Posted by stteck > 2018-01-05 01:05 | Report Abuse

I can open it....strange. It’s about photo of RES 280

Posted by tham hoe yean > 2018-01-08 15:42 | Report Abuse

show time

keyin

2,150 posts

Posted by keyin > 2018-01-08 16:54 | Report Abuse

One day show?

husky88

698 posts

Posted by husky88 > 2018-01-09 18:43 | Report Abuse

Wait for next month q results. Angpow coming

Posted by Tham Hoe Yean > 2018-01-10 08:40 | Report Abuse

Next q should b impressive

husky88

698 posts

Posted by husky88 > 2018-01-13 12:15 | Report Abuse

Hope can stand above 0.6 soon

stteck

756 posts

Posted by stteck > 2018-01-13 18:06 | Report Abuse

This week’s busyweekly cover is water stock. Some interesting news to be read

husky88

698 posts

Posted by husky88 > 2018-01-13 19:04 | Report Abuse

Steck, can you share here?

stteck

756 posts

Posted by stteck > 2018-01-14 02:09 | Report Abuse

It’s a subscribed magazine , it does not allow copy wording and paste. How to post photo in I3investor?

stteck

756 posts

Posted by stteck > 2018-01-14 02:10 | Report Abuse

Does I3investor allow photo posting?

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