KLSE (MYR): SALCON (8567)
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0.19 - 0.195
Exchange: Bursa Malaysia Bursa Malaysia
Country Code: MY MY
Currency: MYR MYR
Sector: UTILITIES UTILITIES
Subsector: GAS, WATER & MULTI-UTILITIES GAS, WATER & MULTI-UTILITIES
Index Group: UTILITIES UTILITIES
Category: ORDINARY SHARE ORDINARY SHARE
Syariah Flag: Yes Yes
Short Sell Flag: No No
IDSS Flag: No No
Salcon Bhd is a water engineering company. It provides water treatment for palm oils, domestic water supply for plantation workers and swimming pools as well as selling engineering equipment to the plantation and building service industries. The company is engaged in the investment, design, construction, commissioning, operation, and maintenance of water and wastewater treatment plants and ancillary facilities across Asia.
Persiaran Kewajipan, USJ 1 15th Floor, Menara Summit, UEP Subang Jaya, Selangor Darul Ehsan 47600, Malaysia
2021 steel bull
THIS COUNTER IS SO SLOW, ANY BIG PROJECT COMING ? BUT PRICE MOVE UP A LITTER
Wait a minute......big project coming soon....Rasau RM2 bilion......RM600 milion awarded to taliwork......balance RM1.4 bilion .......owhhhhh....speculation....
Harga nie ada somebody tarik tali
very big chances to hit 35cents b4 CNY!!!!!!!!
Shares buy back push the price higher
REVERSAL WITH THIN VOLUME, HAPPY INVESTING
Next week.....ada tuah ckit
What is very good?
GOING TO BREAK ABOVE 0.26 SOON
Tarik tali kasi kuat ckit maa
Don't red eye ya.
Sudah start main acah2 0.26.......jgn lemau tghari ke ptg.....itu mcm tiada syiokkkklahhhhhh
LOOKS LIKE TODAY GOING TO BREAK 0.26
*_ACCUMULATE (TECHNICAL)_* _Shariah_
STOP-LOSS: _Below MYR0.225_
RESISTANCE: _R1: MYR0.290, R2: MYR0.330_
Celup 0.26 sen.....dum balik....aduihhhh
2 big shot tan sri join forces
Hero or zero?
Based on recent development and announcements, this company appears to be in the right direction...
KUALA LUMPUR (Feb 28): Salcon Bhd posted a net loss RM4.8 million for the fourth quarter ended Dec 31, 2021 versus net profit RM171,000 the prior year due to higher operating expenses.
In a bourse filing Monday (Feb 28), Salcon said revenue slipped to RM58.29 million from RM61.58 million.
The decrease in the revenue and profit before tax is mainly due to decline in average selling price.
Loss per share was 0.48 sen versus earnings per share of 0.02 sen.
The company did not declare any dividend.
For the financial year ended Dec 31 (FY21), Salcon posted a net profit RM12.07 million versus net loss RM6.07 million the previous year, on the back of revenue of RM434.78 million against RM194.15 million.
Reviewing its performance, Salcon said the improved cumulative result was due to higher contributions from share of profit from joint ventures.
On its prospects, Salcon said the engineering and construction division successfully completed several water-related contracts locally and internationally, namely Vietnam and Sri Lanka, in FY21.
Looking forward, the group looks to leverage its operational performance to secure more water and wastewater projects locally and regionally in the coming years, it said.
“Prospects remain robust as the federal government continues to make huge investments to improve the water quality and services in the country.
“The group is expected to potentially benefit from the 12MP with its proven track record and experienced management,” the group said.
Salcon said as country borders open up, it will participate more actively in international water infrastructure bids.
The company proposed a final dividend of one treasury share for every 40 existing ordinary shares held in the company in respect of FY21 subject to the approval of the shareholders.
dont play play with salcon
Something boiling, soon
suddenly got many big amount of share to sell at 0.205, is not a good sign?
red QR still...though less red.
Sg. Rasah water treatment plant project? no announcement till now, what happen?
Sg rasah taliwork award 3bilion project
Anyone has received share dividend?
slowly collect 0.155 it seems... good entry for time being
Another nenek kebayan...everyday zzzz
Collect 0.16 then wait
bought at 0.17
Buy, going to fly
Tq salcon mother n waran
Buy, buy hot hot salcon
sunny, why buy? no news, how goreng? run only
Moving now, congrats those bought
This year more big water project
yes . likely got news
joke... run, wb waterfall down!!!
just a show to let go some shares for CNY use.....:)
jaks da jalan
Aiyo. Why kanasai laosai again?
tomorrow up up on the way
1 month ago
Waiting at 0.205.
1 month ago
Now you know how it works. Salcon will share buyback prior to announcement of good news.